With the rapid growth of industries and an overall spectrum of the business sector, Bachelor Commerce has proven to be an effective field of study. The three-year undergraduate program opens a world of possibilities and endless opportunities. If you are a recent BCom graduate or are about to finish the course and are wondering about what to do after BCom, then you have come to the right place! Pursuing MCom or MBA degree for advancing a career in Commerce in a common choice, however, there are scores of other programs that you can study after the BCom. Read our blog to explore other great opportunities!
This Blog Includes:
- Masters of Commerce (MCom)
- MBA in Finance
- Post Graduate Diploma in Management in Human Resource Management [PGDHRM]
- Chartered Accountant (CA)
- Certified Management Accountant (CMA)
- Financial Risk Management (FRM)
- Business Accounting and Taxation
- Digital Marketing
- Still Wondering What to do After BCom? Here are Other Options!
Masters of Commerce (MCom)
Wondering what to do after BCom? Then MCom or Master of Commerce is the most suitable option. Running for a period of 2 years, a comprehensive study of Accounting, Business Management, Finance, Economics, Statistics, Taxation, Marketing, etc is what will be covered in the MCom syllabus. Moreover, to gain a broader understanding, you can also study electives like International Finance, Entrepreneurial Management, Quantitative Research Methodologies, etc. An MCom graduate can find employment opportunities in top-notch companies like Apple, Bain & Company, Citigroup, Deloitte, Facebook, etc.
MBA in Finance
Yet another choicest option after BCom is Masters of Business Administration. Though there are scores of specialisations to choose from, an MBA in Finance is an ideal choice. Investment Strategies, Local and Global Economics, Mergers and Acquisitions, Corporate Risk Analysis, Securities and Portfolio Management, Direct and Indirect Taxation are some of the core topics covered in pretext to MBA in Finance. There are top companies around the world including, but not limited to Amazon, JP Morgan, Microsoft, Accenture, and Bank of America which recruit an MBA pass-out on handsome packages.
Post Graduate Diploma in Management in Human Resource Management [PGDHRM]
Acting as the pillar for organisational success, Human Resource Management is one of the most opted degree courses after graduation. Though there are masters courses in HRM, for someone who’s exploring short term courses after BCom, PGDM in Human Resource Management can be the choicest option. The course, which is offered by a wide range of universities across the world, equips you with soft skills in HR and personnel management and imparts extensive knowledge in areas like employment relations, legal frameworks, organizational behaviour, strategic management, policy development, etc. If you are wondering that what you can do after BCom with this degree, then HR Executive/Manager, Administrative Officer, Consultant, etc are some of the lucrative posts in which one can work.
Chartered Accountant (CA)
One of the most demanding yet sought after jobs in Commerce field is Chartered Accountancy. Conducted by the Institute of Chartered Accountants (ICAI), you need to clear three stages namely, CA Foundation, Intermediate, and Final. The basic eligibility in order to pursue CA course is 10+2 or graduation. Some of the prominent companies that recruit CAs include Accenture, Tata Groups, Deloitte, HDFC, etc. So, this is an ideal option for those who are thinking about what to do after BCom.
Certified Management Accountant (CMA)
If you are looking forward to being part of the global business environment and are still thinking about what to do after BCom, then pursuing the CMA USA course or that offered in India is the choicest option! Offered by the Institute of Management Accountants [USA]/Institute of Cost Accountants [India], you need to be at least 10+2 pass out to pursue this course. This program will enhance your vision in financial planning, analysis, control, decision support as well as professional ethics. Upon completing the course, you can work as a Finance/Business Manager, Budget Analyst, Auditor, Financial Risk Manager, etc.
Financial Risk Management (FRM)
Leave your apprehension about what to do after BCom apart and pursue the FRM course to widen your knowledge pertaining to Finance and Banking sectors. With this program, you’ll develop a strong understanding of risks associated with the Investment and Banking sectors, Market and Credit issues, Operational Management as well as Liquidity and Trading and will be equipped with skills required to tackle industry-related issues. You can either opt for degree courses like MSc Financial Risk Management, Master of Actuarial and Quantitative Risk Management, etc or can clear the FRM exam conducted by the Global Association of Risk Professionals. This exam paves your way to become a certified Financial Risk Manager! ICBC, KPMG, HSBC, Deutsche Bank, Citigroup, etc are some of the prominent companies that recruit FRM specialists.
CS is one of the best options to pursue after B.Com. CS is one of the eminent courses in India. After CA and CFA, CS is the most preferred course. CS exams are conducted twice a year and after completing the CS Executive exam, applicants are eligible to apply for the internship in CS firms. CS is responsible to audit, maintain company records, handle statutory registers and also provide legal advice to the firms. One of the benefits of pursuing CS after Bcom is that applicants don’t have to appear for the foundation course and get admission directly into the Executive level.
While a CA course deals with Indian accounting standards, CFA includes the study of international accounting standards. CFA professionals can work in more than 120 countries in the world, CFA professionals are in huge demand around the globe. It includes subjects such as advanced investment analysis, statistics, economics, corporate finance, financial analysis, alternative investments, etc. Top recruiters are JP Morgan, Goldman Sachs, Morgan Stanley, etc.
Business Accounting and Taxation
The course that grooms to enter the industry with the required skills and knowledge in Business Accounting and Taxation. The course is a perfect blend of practical knowledge with in-depth study on subjects. It includes the latest topics such as ERP software, financial statements, GST, direct taxation, and much more. Students can work as account consultants, tax analysts, law assistants, and packages can range between Rs. 6 Lakhs to 8 Lakhs per annum.
If you are looking to change your career path and interested in turning your creativity and passion into a career you don’t have to look beyond it because digital marketing is an ideal choice. Digital Marketing has a wider scope not just in India but in foreign countries as well. Digital marketing is a study of all the latest social media trends, SEO, advertising, branding, promotion, etc. After completion of the course, you can work as a Content writer, social media manager, SEO manager, PPC Specialist, etc, and the average salary ranges between Rs. 5 Lakhs to 7 Lakhs per annum.
Many BCom graduates further pursue BEd because of their interest and love for teaching. BEd is also a great choice for applicants that want to change their career path. BEd is a 2-year course and BCom graduates are eligible to apply. After a degree in BEd, applicants can work in schools, R&D agencies, Educational consultants, publishing houses, etc.
Still Wondering What to do After BCom? Here are Other Options!
Apart from the aforementioned vocational or degree courses, here are other wonderful opportunities you can consider pursuing right after your BCom.
- Business Accounting and Taxation (BAT Course)
- Chartered Financial Analyst (CFA Course)
- Graduate Certificate in Project Management
- Masters in Digital Marketing
- Financial Modeling
- Investment Banking
- Certified Management Accountant (CMA)
- US Certified Public Accounting (CPA)
- Company Secretary (CS)
- Certified Financial Planner (CFP)
- Certificate in Investment Banking (CIB)
Hopefully, this blog has cleared your apprehensions about what to do after BCom. Are you looking forward to pursuing professional courses from top B-schools of the world but are not sure how to get started with it? Let the experts at Leverage Edu facilitate your academic journey. Book your free 30 minutes e-counselling session with the team and get assistance in completing modal formalities as well as in writing an impressive SOP!