Courses to pursue after dropping CA

Chartered Accountant is someone who offers financial advice, audits accounts and provides trustworthy information about financial records. Many Commerce students want to become a CA after completing their B.Com. Hence, there is a huge competition in the CA exam. Most of the students can’t clear it in a single attempt. The average pass rate of CA exam is 10% for the last few years.

Many students attempt these exam more than 3 times consecutively but still can’t clear the exam. In fact, the higher your number of attempts, the lower are your chances of getting placed in a large company. If you’ve been thinking of dropping the hope of becoming a CA, you don’t need to get disheartened. We have some great career options.

Suggestion for the CA aspirants:

We’ve listed down some suggestions. They will help you choosing right career path for your future. You can do part time job or pursue some short time courses which will give you a chance to get a job and beside them, you can prepare for CA. If you think it’s became harder to pass the exam, then we have suggested some better courses to start your career as well.

Other Career Option for CA aspirants after BCOM:

All successful people aren’t CA and in fact all CAs are also not successful either. There are wide range of career options available to succeed in your life. Since you have completed your graduation in Commerce, we guide you to choose a career in the field of Accounting, Finance etc. Here we listed some of the important courses after B.Com and their benefits

Company Secretary:

The Institute of Company Secretaries of India (ICSI) is a premier National Professional body established by Act of Parliament to develop and regulate the Profession of Company Secretaries. The company secretary is responsible for the efficient administration of a company, particularly with regards to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented. Career as a Company Secretary is not only prestigious and financially rewarding but also carries a high job satisfaction.

Career Benefits

  • It is a professional course; hence it comes with a professional epithet.
  • As a qualified company secretary, you can find good positions in the private sector, banks and financial institutions.
  • Besides, private sector, the Govt. sector is also employing CS. Candidates recruited for different job profiles like Junior Secretarial Officer, Financial Adviser, Managing Director, Board of directors etc.
  • You also stand the chance of getting promoted to the designation of Finance Advisor.

Chartered Financial Analyst (CFA®):

CFA Program is a professional credential offered by CFA Institute to Investment and Financial professionals. After completing and passing the CFA program one will bridge academic theory, assess current industry practice, and learn ethical and professional standards to give a strong root of real-world portfolio management and modern investment analysis skills.

Career Benefits

  • The CFA charter is one of the most recognized global professional qualifications in finance.
  • If you’re looking for a qualification to enhance your career in finance or establish your finance credentials; CFA is highly recommended.
  • There are many benefits after doing CFA, but the main reason anyone goes through the program is to get paid more.

ICWA:

Institute of Cost and Works Accountants of India is the only statutory body of Government of India, which organizes training program for costs and work accountants. Cost and work accountants are responsible for budgeting, cost management, performance evaluation and asset management within a company or organization. They typically collaborate as part of an executive team to create a financial plan for the organization. They may work with corporate executives or heads of companies to strategically plan for a company.

Career Benefits

  • After having Certification of manufacturing account as per Customs Act and Certification under Export & Import Policy you can also start your own business in Consultancy assignments.
  • A degree in cost accounting equips you with the adequate knowledge to manage finance of the organization competently and ensure managerial decisions are well within the available resources.
  • ICWA has wide scope, every manufacturing company needs them.            

Financial Risk Management (FRM®):

FRM Certification is a globally recognized professional certification for banking and finance professionals by Global Association of Risk Professionals (GARP, USA). This practical qualification includes with the real issues facing organizations in the risk factors, financial services sector, banking and insurance. Financial Risk Manager Plans for potential risks which will help in the creation of a financial business strategy that seeks a constant upward trend.

Career Benefits

  • Strong value addition to your skills, credentials and resume.
  • Successful completion of this qualification plus five years of professional experience, enables you to apply for Specialist membership and use the internationally recognized membership designation SIRM (Swiss Institute of Risk Management).
  • Financial risk managers in the USA can earn anywhere between USD $100,000 and USD $250,000. They normally receive various fringe benefits. The average salary of FRM in India is INR 900,000.

Tax Return Preparer:

The Income Tax (IT) Department, invites the applicants for Tax Return Preparer for training the Graduates to become TRPs. The Tax Return Preparer shall prepare and furnish the return of income to the Assessing Officer or agency as may be directed by the Resource Centre.

Career Benefits

  • Tax knowledge will enable you to minimize your income tax liability and potentially save thousands of dollars over your lifetime.  You will also save on tax preparation fees!
  • Experienced tax preparers may earn $25 per hour or more and self-employed tax professionals can earn more than $100 per hour. Average salary of a Tax Preparer is $12.20 per hour.
  • Taking an income tax preparation course allows paid preparers and self-preparers to obtain a working knowledge of the Internal Revenue Code, ensuring that income tax returns are prepared as required by federal regulations.

Bachelor of Laws (LLB):

The Bachelor of Laws is an undergraduate degree in law originating from England and is offered in most common law jurisdictions. If you want to pursue LLB after graduation, it will take a 3 years course and with 45% in graduation. You need to clear CLAT (Common Law Admission Test) test to get admission in LLB College. LLB is a dual value course as it gives two value of Commerce and Legislature.

Career Benefits

  • Careers in law exist in the capacities of law officers, legal advisers, company secretaries, and solicitors
  • Law jobs are very specialized and focused in the corporate segment in India
  • Banking and non-banking financial institutes, insurance companies, large conglomerates, multinational corporations, appoint law professionals
  • After completing three year LLB course, one can pursue their career as lawyers, legal consultants, oath commissioner or company secretary
  • If one wishes to practice law, then LLB turns out to be a good choice
  • If anyone wants to work in the corporate sector, Corporate Law is the best option for them

Certified Public Accountant:

A Certified Public Accountant (CPA) is the highest standard of competence in the field of Accountancy across the globe. CPA professionals are developing an edge over the CA professionals. Moreover, with international recognition shining in the armor of a CPA, the opportunities on the global level certainly help CPA professionals. By earning your CPA certificate, you can position yourself for a rewarding and sophisticated career path.

Career Benefits

  • With global recognition, a CPA can always find the best place to work anywhere and a salary with at least 30 – 40% more than the other accounting professionals. [source: Chartered Club]
  • There is a huge requirement of an accountant professionals, such that almost every business requires the service of a CPA.
  • CPAs get more opportunities to travel the world and gain international business experience – and those who are multi-lingual and multi-cultural will have an advantage over those without those skills.

ACCA:

Association of Chartered Certified Accountant (ACCA) is the world’s leading and fastest-growing international accountancy organization. The ACCA qualification helps develop successful careers in the fields of accounting, banking, management and consulting, and is a major advantage in competing for senior roles. ACCA professionals get preferential immigration status to Australia, Canada, UK, New Zealand, Ireland etc.

Career Benefits

  • ACCA has a wide network of 92 offices and more than 8,500+ Approved Employers worldwide, who provide high standards of employee learning and development.
  • Better employment prospect because of having shown an ability in all areas of business.
  • Gaining ACCA qualification is an evidence that the holder possesses skills and knowledge which are in high demand by employers in industry, banking, auditing, consulting as well as other professions like taxation and law.

If you want to know, what will be the best career option for you

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So, now you can understand there are various options available after B.Com. CA is not the only one who will decide your future. If you choose an area where your strengths lie and matches a course, success is not far.

We, at EduPristine, provide many courses of Finance, Accounting, Analytics and Marketing. There are various options for you to enhance your career.

Do post in the comments section below if you have any questions!

Banking courses you can learn after b.com

Banking today is a niche career for enthusiasts in the field of commerce and accounts.

With new banks coming up every year owing to privatization of services, the industry indeed provides sufficient room for graduates from any field. They also offer a broad array of services such as giving advice related to investment and insurance, exchange of foreign currency, and acting as trustees.

Career Option

If you are a student of B.Com, you can get placed as a sales executive for loans, mortgages and insurance with any of the leading banks. For the beginners, this is an important step towards understanding the global economy, discovering the challenges of the marketplace and identifying themselves with a career that provides them with tremendous opportunities, both within the country and abroad.

The all-round demand for bank professionals has made public sector, foreign and multinational banks recruit more and more MBA graduates, CAs and CFAs to enhance their efficiency. Here are list of some courses you can check and register for it.



Post Graduate Certificate in Banking

The Post Graduate Diploma in Banking enables the student to broad base their career options in the banking industry. Banking course is aimed at providing practical knowledge and understanding of the Banking sector. By joining PGCB after B.Com, you will get the competitive advantage for a great career in banking and to professionally excel in your work.

Benefits

  • Educational institutes offering PGCB course provides soft skills training to the candidates to make them efficient speakers because banks look for candidates with effective communication skills.
  • The course content has been made relevant for the industry’s needs. With this banking course you will get a head-start in your career with the banking job.
  • Candidates are provided with 100% placement assistance facility as recognized institutes for PGCB has association with reputable banks including HDFC, Housing Finance Companies, NBFCs, etc.

M.Com in Banking and Finance

Master of Commerce in Banking and Finance is typically a two-year degree course. There are lots of career opportunities in this field. Postgraduates from this field are mainly employed in banks. There are lots of job opportunities available in India as well as in foreign countries for graduate accountant.

Benefits

  • M.Com in Banking and Finance degree serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. Degree in Banking and Finance.
  • M.Com degree course in Banking and Finance provides a solid base in the field of Banking and Insurance, thus making it easier to acquire a leadership role in both the sectors.
  • Many international banks hire skilled professionals for various profiles on competitive salaries.
  • Public sector banks hire mostly graduates for clerical and probationary officer posts on the basis of All India Level examination – This degree gives applicants an edge over the others.

MBA in Banking and Finance

Master of Business Administration in Banking and Finance is a Post Graduate banking course. Banking management course of study is a functional area of finance, accounting, marketing, HR management, strategic planning economics, behavioral science, rural science, IT and quantitative methods.

Benefits

  • Candidates will specialize in certain specific areas such as credit appraisal, loan and foreign exchange which will make them eligible for joining any bank or private sector bank at senior level positions.
  • Completion of the MBA Banking and Finance would help you to rise the leadership roles in your company or bank.
  • In-service banking and financial personals are the desired candidates for this program as it is meant to enhance their management skills – but a B.Com graduate degree can work equally hard to sway the preference.

Certificate Program in General Insurance (CPGI)

The unique CPGI program based on the philosophy of Earn Learn will equip the candidates with both the knowledge and experience needed to launch them on a fast-track career in the rapidly-growing Insurance sector. Upon successful completion of this 6 month program along with on-the-job task assigned, the eligible candidates would receive an assured placement with SBI General Insurance Co. Ltd. on meeting performance criteria completing IRDA Certification.

Benefits

  • The Certificate in General Insurance provides a solid foundation on which to build your career in insurance.
  • The course covers insurance principles, practices, and policies in depth.
  • Completing the program can enhance future career opportunities and help you do your current job better.
  • General Insurance Essentials Program gives you a solid understanding of the principles and practices of property and casualty insurance.

Post Graduate Certificate in Investment Banking

This program offers training in the key areas of investment banking and financial investment. Candidates will acquire an understanding of how financial markets operate, particularly in relation to the aims and operations of banking organizations and institutions. The program also provides a strong foundation for PhD research.

Benefits

  • Investment bankers are financial professionals that help governments and business organizations raise money by issuing bonds, stocks and other financial products
  • Investment banking has a huge prospect for growth in an emerging economy like India due to the presence of vast untapped sectors and high entrepreneurial energy.
  • Entering the competitive world of high finance has some clear advantages; great pay, high-profile deals and phenomenal training.
  • Sometimes jobs in corporate finance are referred to as investment banking positions.

So now you can understand there is various option available after B.Com. There are lots of banking courses available for you. Start thinking broadly by explore yourself with these banking Certification. If you choose an area where your strengths lie and matches the course, success is not far. Experts in this field believe that if candidates choose an area where their strengths match, they will achieve success.

We are EduPristine provides many courses of Finance, Accounting in different aspects. There are various option for you to enlarge your career. Just check and explore yourself in these huge field of Commerce.

Do post in the comments section below if you have any questions!



Courses for students with less than 60% marks in B.COM

Completing graduation in B.Com is already a precious achievement in anyone’s career. Some of you fare well and some don’t. Whatever marks you get in graduation something you cannot change now. If the marks are not at par with your expectations, there is no need to get demoralized though. You need to further specialize and complete your post-graduation or opt for professional courses to get a good job and get everything back on track.

Career after bcom

Types of courses available

There are lucrative professions in various industries such as banking, finance, stock markets, insurance, capital markets, financial planning, equity research, accounting, etc. However, the problem is in choosing the best job-oriented course when so many courses are available after your stint with B.Com in the commerce stream.

Banking Related Courses

Business Correspondent Courses:

This course enables you to learn the key skills required for a fruitful career in the Banking and Financial Services industry in India. Students are taught basic financial concepts, about managing customer relationships, are imparted knowledge about delivery channels and equipped with effective communication skills. This enable them to function as Business Correspondents.

Benefits

  • Business correspondent potentially enables banks to reach out much faster and at a much lower cost.
  • The personal connection enhances the customer’s accountability to the Business Correspondent, which in turn improves loan performance and repayment rates.
  • On successful certification by IIBF and employment in the sector, 100 per cent of the course fee will be reimbursed by NABARD in 256 districts and 75 per cent in rest of the districts.
  • Banks may give wide publicity in the locality about the intermediary engaged by them as Business Correspondent and take measures to avoid being misrepresented.

Post Graduate Diploma in Banking(PGDB)

The Post Graduate Diploma in Banking(PGDB) will enable you to broad base your career options in the banking industry. Banking course is aimed at providing practical knowledge and understanding of the Banking sector. By joining PGCB after graduation, candidates will get the competitive advantage for a great career in banking and excel in their work.

Benefits

  • The major reasons for the extremism preference of bank jobs among individuals is job safety and stability in career.
  • Educational institutes offering PGCB course provide soft skills training to the candidates to make them efficient speakers because banks look for candidates with effective communication skills.
  • The course content has been made relevant for the industry’s needs. With this banking course you will get a head-start in your career with a banking job.
  • You will also get placement assistance facility for reputable banks including HDFC, Housing Finance Companies, NBFCs, etc.

Certified Bank Manager Program:

The CBM Program is offered by the Institute of Chartered Financial Analysts of India University, Tripura and Institute of Bank Management and Research (IBMR), Hyderabad. It is a unique program comprising a 2-year course covering the areas of banking and financial services, money, banking laws and regulations, treasury, credit, risk management and banking strategy.

Benefits

  • After this program you can work in Indian or Foreign banks in corporate, trade or foreign banking profiles.
  • You can also work in financial service companies or in the finance division of Indian or Multinational Corporation.
  • This knowledge of International finance can also be used to raise capital for your own entrepreneurial ventures.
  • CBMP is a visible sign of their advanced experience and skill and gives candidates a distinct advantage in employment and promotion.

Diploma in Banking & Financial Services

This is a post graduate 2-year diploma course offered by the Institute of Finance, Banking & Insurance (IFBI ) Mumbai. Diploma in banking and finance provides students that much required shift in perspective from academics to the professional world. A graduate student in any discipline with minimum 50% marks is eligible for this course, along with a personal interview.

Benefits

  • These Finance and Banking Courses help professionals to develop competencies across four dimensions – domain, technology, application and customer-service
  • This Diploma in Banking & Finance open up immense opportunities for a fast growing career as a Clerk, PO, Assistant Manager posts in the banking sector
  • This Allows high quality academic firmness with a professionally designed curriculum.
  • It helps in imparting knowledge of banking and finance collectively along with providing technical familiarity and customer orientation

Accounts Related Courses

ACCA

Association of Chartered Certified Accountant (ACCA) is the world’s leading and fastest-growing international accountancy organization. The ACCA qualification helps to develop careers in the fields of accounting, banking, management and consulting and give advantage in competing for senior roles. ACCA professionals get preferential immigration status to Australia, Canada, UK, New Zealand, Ireland etc.

Benefits:

  • ACCA has a wide network of 92 offices and more than 8,500+ Approved Employers worldwide, who provide high standards of employee learning and development.
  • Better employment prospects as a result of having shown an ability in all areas of business.
  • Gaining such a qualification is evidence that the holder possesses skills and knowledge which are in high demand by employers in industry, banking, auditing, consulting as well as other professions like taxation and law.

Business Accounting and Taxation

Business Accounting and Taxation is designed by Top class Chartered Accountants, with a specific focus on helping candidates to become a Professional Accountant. The course is designed to give hands-on-expertise in the area of Accounts, Taxation, MIS, Compliance and Reporting. It is integrated with high end accounting software and applications viz. SAP, Tally, QuickBooks and Advance Excel. The extensive training, practical case studies, live projects and hands-on experience on these software’s is important for any account professional to know, grow and prosper in their career.

Benefits

  • Business Accounting and Taxation (BAT) is everything a commerce students need to stay on the edge.
  • BAT helps students to make their report an impressive one.
  • After completing the Course candidates can start working as Account Experts, Account Executive, Excise Executive, Taxation Executive, Account Manager, MIs Executive, Commercial Manager, Senior Faculty-Finance & Accounts, Finance executive
  • There are many other benefits of this course as well. You can read the reasons to do Business Accounting and Taxation course to understand better.


Cost Accounting

Cost accountants are liable for budgeting, cost management, performance evaluation and asset management within a company or organization. They typically combine as part of an executive team to create a financial plan for the organization. They may work with corporate executives or heads of companies to strategically plan for a company. They may prepare financial reports for tax authorities, creditors, stockholders and regulatory agencies.

Benefits

  • After having Certification of manufacturing account as per Customs Act and Certification under Export & Import Policy they can also start their own business in Consultancy assignments.
  • A degree in cost accounting equips a candidate with the adequate knowledge to manage finance of the organization competently and ensure managerial decisions are well within the available resources.
  • ICWA has wide scope, every manufacturing company need them.

Insurance Related Courses

Risk and Insurance Management

Risk and Insurance Management aims at creating professionals who can construct a rewarding and promising career in the insurance industry. In risk and insurance management prepares students to identify, analyze, and manage risks that are inherent in the operation of profit and non-profit institutions. They study about property, liability, health and life insurance, employee benefits programs and government insurance programs.

Benefits

  • On successful completion of the course, candidates get opportunities to be absorbed in Insurance Companies, Banks, IT and Other Companies
  • It is the working knowledge through real world problems case studies students attain expertise in this area.

Property Insurance Course

Students learn about personal and commercial insurance, exposure to property loss and insurance policies. Risk management is also highlighted in this course, which is intended for newcomers to the insurance industry.

This course provides a comprehensive introduction to the main classes of property insurance. Different elements of the program include fire insurance, business interruption or other property classes – can be selected as required.

Benefits

  • With property insurance, you can protect your business space as well as its contents. You can even elect to cover lost income or additional expenses incurred while your business is closed

Personal Insurance Course

This course provides an overview of the development of the personal insurance market. It will provide a summary of personal insurance and will provide an insight into the key issues facing the market today and in the future. This is a mid-level insurance course that covers topics including homeowners and other types of residential insurance such as automobile, watercraft and umbrella insurance. The role of insurance in financial planning may also be covered.

Benefits

  • The program will provide you with a thorough understanding of the personal lines business, including underwriting, marketing practices, the personal insurance environment, personal insurance profitability, the product development process, and portfolio management
  • A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy

Finance Related Courses

Chartered Financial Analyst

CFA Program is a professional credential offered by CFA Institute to Investment and Financial professionals. A certified financial analyst advises and guides businesses and individuals in investment decisions. Analysts usually work for banks, investment houses, insurance companies and pension funds. Chartered Financial Analyst can come as a sigh of relief for everyone interested in the Finance field.

Benefits

  • The CFA charter is one of the most recognized professional qualifications in finance in the world.
  • If you’re looking for a qualification to enhance your career in finance or establish your finance credentials, the CFA is highly recommended.
  • There are many benefits to the CFA, but the main reason anyone goes through the program is to get paid more

Financial Risk Management

FRM Certification is a globally recognized professional certification for banking and finance professionals by Global Association of Risk Professionals (GARP, USA). This practical qualification includes with the real issues facing organizations in the risk factors, financial services sector, banking and insurance. Certificate programs in financial risk management are aimed at working professionals in the financial industry.

Benefits

  • Strong value addition to your skills, credentials and resume.
  • Successful completion of this qualification plus five years professional experience, enables you to apply for Specialist membership and use the internationally recognized membership designation SIRM
  • Financial risk managers in the USA can earn anywhere between US$ 100,000 and US$ 250,000. They normally receive various fringe benefits. The average salary in India is INR 900,000.

Financial Modeling

A mastery over financial modeling will give all the professionals an edge over others as they can do their work faster and with more accuracy. Financial Modeling is one of the most fundamental and widely sought after skills in the finance industry. It is the art of building a model to depict financial statements and investment analysis using MS Excel.

Benefits

  • At the end of the course, Candidates will be able to do the task of building a model depicting financial statements, business model, which helps in decision making.
  • After completing the program candidates can build models that are robust and provide dynamic projections that can be used to thoroughly analyze a company from multiple standpoints: operations, investment, financing and valuation.
  • Commercial Banks use Financial Modeling for disbursing loans for the projects; Project Management uses it for performance tracking of on-going projects

So now you can understand there is various option available after B.Com. Marks will not decide your career. If you choose an area where your strengths lie and matches the course, success is not far. Experts in this field believe that if candidates choose an area where their strengths match, they will achieve success. Many students go to pursue M.COM after B.COM. Master degree in Commerce is a very good option for career. Some of M.COM students also can’t understand what will be the next. After M.COM, graduates can pursue some courses that will surely help them to kick-start their career.

We, at EduPristine, provide many courses of Finance, Accounting, Analytics and Marketing. There are various options for you to enhance your career.



Do post in the comments section below if you have any questions!

Career in Marketing

India is growing fast as a corporate hub and hence, career in marketing is becoming very benefiting(after B.Com too). A career in marketing involves analytics of current market scenario, intensive market research, formulating marketing strategies for business, structuring of techniques to increase profitability and business development, strategizing awareness campaigns, recording customer’s response.

Marketing is considered as the most crucial element and it is responsible for growth of every company. No matter if the business is small or private limited company or has limited financial capabilities or a strong financial back up, marketing efficiency will be able to help to make an impact and help business sustain in the marketplace and earn suitable profits.

According to LinkedIn, Marketing campaign management and Digital Marketing(SEO/SEM Marketing to be precise) are two of the top 5 hottest skill that will get you hired in 2016

Marketing industry is very dynamic in nature and is always introducing new trends. It helps businesses to maintain and strengthen relationship with their customers by communicating with them through various medium. This industry’s dynamic nature presents a lot of opportunities to the professionals who are creative and have a knack for strategy. The various job opportunities under marketing profile include- marketing managers, market analysts, sales managers, digital marketing executives and managers, social media managers etc. Without further introduction to marketing, let’s see what courses can you take in order to make a career in Marketing.

COURSES IN MARKETING

MBA – Marketing

An MBA in Marketing has become one of the most desired degrees in respect to both students and employers in past few years. With the entrance and development of digital media and online marketing, most companies and businesses now prefer to have their own in-house marketing teams which look after all the tasks like maintaining customer relations, bringing traffic to websites, market research, retention and engagement.

While marketing has a number of specific areas, an MBA in marketing course doesn’t limit the scholar to only marketing careers alone. The learnings and skills acquired can be applied in dozens of other career options like Marketing Consultant to Entrepreneurial Management.

MBA in marketing educates the students about sales, marketing fields, executive and leadership management skills, consumer trends, market strategies, product management and market research in different industries.

MBA is usually a 2-year degree program. You can choose the one of your favorites and interested specialization out of the finance, marketing, HR, OM etc.

However, to get admission into any college or university one must have a Bachelor degree with a minimum aggregate of 50%(This a general criteria. There are institutes which accepts admissions of students with < 50% score too) .

There are many reputed colleges and institute in India to pursue Masters of Business in Marketing from. However, to get into these institute a candidate has to clear an entrance exam and an interview.

The list includes:

 Here is the full list of colleges that provide Master’s Degree in India.

PGDM in Advertising Communication

PGDM in Advertising Communication is a program which is provided by various colleges and recognized by the Association of Indian Universities (AIU). By the end of this program, every student will gain a comprehensive view of how to identify a marketing issue and plan a communication program using a prudent mix of traditional and innovative media to address it.

There are many colleges across the country which provide PGDM in advertising communication. However, we recommend the following 5 institutes:

Digital Marketing

As the world is getting more and more digitized in every respect, Digital Marketing is a booming career option today. With striking features like cost-effectiveness, instant response, flexibility, convenience, effectiveness, Digital Marketing is making a strong impact in the world of Marketing and Advertising. Especially, the start-ups prefer going digital to market their brand, products and services. Today ‘Digital Marketing’ and ‘Marketing’ both are becoming synonymous.

On Glassdoor’s recent list of the best jobs for work-life balance, marketing positions occupied six of 25 slots. Digital marketing careers are not only in-demand; they could also be the key to having a life outside of work.

The world is now online. This has made digital marketing channels and social media the most widespread, interactive and essential of all modern marketing tools. Any effective marketing campaign will include them in its strategy.

  • As the name suggests, digital marketing can be termed as or defined as an approach, a strategy, or a branding and marketing exercise using digital platforms. Digital Marketing is the promotion of your brand, product or service online.
  • It is believed that Digital Marketing is now the most important part of the marketing mix. It has grown rapidly in the past few years as more and more businesses are realizing the importance of a good online presence.
  • Digital Marketing includes many advertising channels including SEO, email marketing, social Media marketing, pay per click advertising, Google AdWords, mobile marketing.

According to payscale, the median salary of a Digital Marketing Manager is over INR 450,000.

NOTE: EduPristine is leading training provider for Digital Marketing Course and it has helped many students achieve their career goals. EduPristine has even helped their students get placed in Samsung, ICICI, Bennett Coleman and Co., Max Life Insurance and many more.

JOB OPPORTUNITIES IN MARKETING

All companies and industries requires qualified marketing executives who can take charge of the company’s marketing team and take company to the peak of success. One can join depending upon the skill assessment as a Marketing Executive and can become a Marketing Manager within a short span of time depending upon his/her knowledge and experience.

The students with MBA marketing from reputed institutes often get to choose the company, they wish to work with. They can go into diverse fields like Business development manager, Channel sales executive or manager in any FMCG company like HUL. There are numerous marketing jobs in FMCG sector with excellent salaries and perks. They can even go for IT Industry. The outsourcing business in IT sector solely depends upon the capability of sales and marketing teams.

Listed below table describe the salary structure with the respected job profiles.

It is good if you get good marks in B.COM, but what if you don’t? What do you do? There are plenty of career options and courses available after B.COM even if you have scored less in the exam. Many students go to pursue M.COM after B.COM. Master degree in Commerce is a very good option for career. Some of M.COM students also can’t understand what will be the next. After M.COM, graduates can pursue some courses that will surely help them to kick-start their career. I hope you like the article and found this article helpful. If you have any doubt relating to Company Secretary Details, please comment below.

Career in Finance after B. Com

career in finance after bcom

In today’s dynamic and ever changing job market scenario, just having a bachelor degree like B.Com isn’t enough to get you a secure and good position. Students must have correct information and extra competencies along with their B. Com degree to face the robust competition in life. Finance is an interesting vertical to work in after completing B.Com and we’ll discuss how you can pursue your dream of working  in the Finance industry after B.Com.

It is commonly believed that earning a bachelor’s degree, significantly B. Com degree within the commerce stream could be a pretty smart move in respect to career and also the minimum requirement to land a regular job. If you are looking for a career to improve your salary package then there are many courses available for obtaining good salary. Though this is often correct, it could be deceptive occasionally. And here’s why.

  • Delay in making the right Career Choice: Most of the scholars get into commerce stream with no understanding of what it involves. several students are unaware that career moves are to be made at this stage only. The more you delay this, the lesser are the career selections you’ll be able to create.
  • No practical knowledge and experience: Whereas there may be a plenty of job opportunities for B. Com graduates, the key game changer becomes the salary package and position and for that simply a B. Com degree isn’t enough. These days, organizations like candidates with advance practical knowledge and experience. Students usually don’t have a plan regarding the choices of other courses that may boost the worth of their B. Com degree.
  • Joining unrelated courses: Without a correct assessment of one’s own strengths and weaknesses, students be a part of courses that are not beneficial to them. this might be either result of personal fascination or peer pressure, it doesn’t work out, leaving them with poor & underpaid jobs.
  • Focusing on educational Courses only: Sometimes, there are 3 sorts of courses within the commerce section i.e., educational courses (like B. Com), skilled courses (like CS, CA etc.) and occupation courses (like Banking & Finance etc.). Generally, students tend to trust solely on the educational courses with no inclination towards getting practical ability sets. However, students with practical skills and occupation courses are given a lot of preference by recruiters. So, it makes way more sense for college students to pursue a B. Com degree beside CS and Banking & Finance course.

Having said that and understanding present scenario, there is big question in every scholar’s mind “What should I next? Which course should I go for?” Many Companies and organizations in today’s life are looking for specialized and expert marketers to get higher profit in a smarter way. Here are some Courses in marketing that you can pursue to start a career in marketing.

One of verticals that B. Com graduates can get into is Finance, which is a professional stream of work and they are also paid more salaries upon graduating in Finance.

According to the U.S. Bureau of Labor Statistics (BLS), financial managers can expect moderate to faster-than-average growth of 12% from 2014-2024, along with serious competition for available positions. Depending on the specialization, the BLS anticipated an increase in jobs of 7%-16% for financial professions between 2014-2024. (Source: U.S Bureau of Labor Statistics)

Some popular career paths in Finance include:

  • Financial analyst
  • Financial controller or director
  • Manager of a finance department
  • Chief financial officer
  • Commercial or investment banker
  • Real estate or insurance finance manager

In February 2016, PayScale.com reported high salaries for MBA-holders in a type of monetary professions. Financial analysis managers attained a median annual income of $81,250, whereas a chief money officer’s median annual wages stood at $121,942. PayScale.com conjointly noted that experience additionally played an outsized factor in earnings, with entry-level MBA graduates earning a median wage of roughly $61,748, whereas those with 5 or a lot of years’ expertise saw a median wage of $83,475.

If you are wondering what are the options in finance for me, then you need not worry, we got it covered. Just follow the list of courses below which you can venture into after finishing your B.com.

Choices after B. Com for career in Finance:

MBA in Finance

Probably the most obvious and safe selection for anybody who needs to jumpstart a career in financial services is to go for MBA.

The advantage that MBA has over the other format is that it permits you a decent all round exposure to numerous aspects of finance, accounting, cost accounting, financial modeling, statistics and so on.
Additionally, if you decide on your minors well, you’ll be able to have exposure in the fields like marketing, behavioral science, human resources, etc. therefore providing you with the most effective doable probability for growth within the money services trade.

However, be warned that lots of your ability to kick start could also be dependent on a mix of economic factors, the strength of your placement cell, your alumni and additionally your freelance ability to network.
If you would like to get on the worldwide stage, then do keep in mind that MBAs from Harvard, Stanford, and INSEAD need to do their bit of searching further. Even the holy IIMs don’t formally guarantee you a placement.

Below listed chart describe well the average remuneration earned by the Finance Graduates.

There are many reputed colleges and institute in India to pursue Masters of Business in Finance from. The list includes:

 Here is the full list of colleges

Actuary

Actuaries assess the financial security systems, keeping a hawk’s eye on their complexness, the mathematics calculations within the same and their mechanisms.

Actuaries try and use arithmetic to gauge the likelihood of events and minimize the impacts of economic losses related to an occurrence that’s not solely unsure however is undesirable.

Many events like death can’t be avoided, but as an actuary your job is to try and do the necessary to reduce their monetary impact if as and after they occur. These risks have the chance of impacting either side of the record. Thus, you’d be needed to own the requisite skills in asset management, liability management, and valuation skills.

An actuary is expected to have some knowledge of analytical skills, business information and understanding of human behavior that’s needed to style and manage programs that assess and management risk. If you’re an actuary, then you’d be possibly utilized within the Insurance business however conjointly in company homes like Reliance, that problems one hundred year or perpetual bonds. The profession is ruled by the Actuaries Act of 2006 CFA.

Below listed chart describe well the average remuneration earned by an Actuaries.

Actuary (India)

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There are certain requirements which are required to be fulfilled to be called as an Actuary. Have a look and decide if it is the most beneficial course for you!

Certified Financial Planner

Certified Financial Planner certification is a mark of excellence for those who meet the demanding standards of examinations, education, expertise and ethics. One of the most prestigious and internationally accepted financial planning qualification and is renowned in the global financial community.

The Financial Planner Certification trains aspirants and existing financial intermediaries for giving complete financial consultee services to people and build a satisfying career within the financial services trade.

Financial planning Standards Board (FPSB) of India is the principal licensing body that awards CFP Certification in India through associate degree agreement with FPSB Ltd., Denver, USA.

As a beginner one can get salary package around Rs 3,00,000 to Rs.5,00,000 per annum and then one grows according to the experience and quality work.

Below listed chart describe well the average remuneration earned by a Certified Financial Planner.

Economics Degree

Economics degree is also a good choice for making a career in financial services. After all, it’s the economists who create all the policies that determine whether the country grows or thrashes.

Economists are valued in the financial services industry for predicting an impact of policies that may affect business performance and make informed decisions about how policies would move and how the business should react to the changing policies.

If you chose to become an economist then the financial services world would look to you just like many people look to astrologers, i.e. to understand complex inputs and give guidance on how to use the available resources for creating valuable outputs.

An Economist is supposed to get good return in both private and public sectors. In most of the public sector like in government services an Economist can expect a minimum salary of INR 20,000/- to INR 25,000/- at the entry level per month.

Below listed chart describe well the average remuneration earned by various profiles regarding Economists.

Economist (India)

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Chartered Alternate Investment Analyst

The CAIA Charter program is a rigorous, self-directed education program for finance professionals seeking deep knowledge and expertise in alternative investing.

The CAIA Charter is the globally recognized credential for professionals

The CAIA Charter provides a framework for evaluating expertise in alternative investments. Global banks, leading asset management firms, consultants, hedge funds, professional service firms, as well as regulators recognize that CAIA Charter Program provides the education that is essential to success in alternative investments.

The CAIA Charter designation is the highest standard of achievement in alternative investment education and provides broad knowledge, demonstrated expertise, and global credibility in alternatives.

Below listed chart describe well the average remuneration earned by a Chartered Alternate Investment Analyst.

Financial Risk Manager

The Financial Risk Manager (FRM) designation is a certification accepted worldwide and is offered by the Global Association of Risk Professionals. To get the FRM designation, a candidate should complete a rigorous two-part, practice-oriented examination that covers the key topics in monetary risk management, demonstrate 2 years skilled work expertise in financial risk management, and meet alternative necessities.

The FRM is a qualification for risk management professionals, significantly those who are involved in analyzing, controlling, or assessing potential credit risk, market risk, and liquidity risk. Additionally, as non-market connected financial risks. prime employers of FRM holders include international financial services companies like Deutsche Bank, HSBC, and UBS, also auditing companies KPMG, Ernst & Young (EY) and PricewaterhouseCoopers (PwC).

Financial risk managers in the USA can earn anywhere between US$ 100,000 and US$ 250,000. They normally receive various fringe benefits, which include pensions after retirement, health and life insurance as well as paid vacations. The average salary of FRM in India is INR 900,000.

Below listed chart describe well the average remuneration earned by a Financial Risk Manager.

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Note: EduPristine provides guidance and training for FRM course FRM Training Course which has helped many students in growing their career.

Financial Modelling

Financial Modeling deals with the analysis of a company’s performance on applicable monetary factors. The certification course of financial Modeling largely comes in conjunction with MS excel coaching. It helps professionals to handle finance models applying Microsoft excel.

Financial Modeling is widely used in investment banking, corporate banking, risk departments, etc. There is a wide range of opportunities and roles available after the completion of this course. 

– Financial Analyst
– Financial Manager
– Business Analyst
– Market Research Analyst

According to payscale, if you have financial modeling as a skill then you can earn somewhere around 5-12 lakhs depending upon the position.

Below listed chart describe well the average remuneration earned by a Financial Modelers.

Note: EduPristine provides guidance and training for Financial Modeling course which has helped many students in growing their career.

Investment Bankers

Investment bankers are intermediaries that help their clients – whether people, firms or governments in rationally investing their cash. Additionally, investment bankers are accountable for acquiring and selling those securities on behalf on their clients.

An investment banking career involves raising equity and debt capital for firms, and is a pretty choice for recent university graduates or professionals with a couple of years of expertise. However, competition for these positions is absolute uncontrolled and the hours threatening, the profession remains a highly-lucrative possibility for young professionals wanting to earn high levels of financial gain in addition to executive-level expertise.

The following table from Payscale.com will give you more detail about the salary structure.

It is good if you get good marks in B.COM, but what if you don’t? What do you do? There are plenty of career options and courses available after B.COM even if you have scored less in the exam. I hope you like the article and found it helpful. If you feel there are any other interesting courses that we missed out on, feel free to mention in the comments section below.

Career after M. Com

Master of Commerce or M. Com is a postgraduate Master Degree which specialize in commerce, accounting, management and economics related subjects. just like the Bachelor of Commerce.

The Master of Commerce usually comprise of 2 years of regular study with a regular attendance (not less than 75%). The program is generally focused on different disciplines like accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management. There are many more career options present for you in the field of finance as well. Here is the list of finance course that you can pursue for a better career.

This courses is especially meant for college students who are presently at the entry level and want to expand their knowledge and career. In M. Com, students are given a choice to major in any of the given specializations. Students who wants to go for further studies or courses like in research or doctorate level can get a bonus with this course. Many Companies and organizations in today’s life are looking for specialized and expert marketers to get higher profit in a smarter way. Here are some Courses in marketing that you can pursue to start a career in marketing.


Other sectors where a M. Com graduate can seek jobs include:

  • Auditing
  • Banking and finance
  • Electronic marketing
  • Funds management
  • Management consulting
  • Stock Broking

In addition to this, students of M. Com can even apply for jobs within the Govt. sector. UPSC is a major recruiter of M. Com students, providing a good post and package. Some of the most effective institutes from where students can study for M. Com include Delhi University, Christ University, IGNOU

Higher Studies Options after M. Com

After completing M.Com, candidates can go for various courses . Some of the best available courses include:

Doctorate Degree

The higher academic degree is awarded for research work of the candidate, demonstrating original contributions of "special excellence" in some branch of commerce.

The research academic degree is equal to a Doctor of Philosophy. Reportedly, at some universities the degree-title honored will be a function of the candidate’s background: for example, in operations research.

The Doctorate of Philosophy can be done in many majors like Financial Studies, Commerce, Statistics etc.

International Finance Reporting Standards

International Financial Reporting Standards (IFRS) are a set of international accounting standards, transactions, financial statements and Financial Statements. IFRS are issued by the International Accounting Standards Board, and they specify exactly how accountants must maintain and report their accounts. IFRS were established in order to have a common accounting language, so business and accounts can be understood across borders.

International Financial Reporting Standards is for Finance professionals who need to acquire more a detailed understanding of IFRS. DipIFR is a fast and efficient solution that will develop the current knowledge of this field.

The Course aims at providing:

  • Introduction of the concepts of IFRS
  • Dissemination of knowledge on IFRS;
  • Comparison of IFRS with existing Indian Accounting Standards;
  • Issues in relation to IFRS;
  • Conversion of Financial Statements prepared on the basis of Indian GAAP to IFRS based financial statements.

Certificate Course in Banking, Stock Market, Derivatives, Income Tax

M.com graduates are also eligible for all the certificate courses in Banking, Stock Market, Derivatives, Income Tax etc. This will also give them a specialized skill which will be of greater advantage as compared to other graduates.

There are various certificate courses available that will also match up to the studies done in M. Com:

Chartered Financial Analyst

Chartered Financial Analyst Program is offered internationally by the American based CFA Institute to candidate having knowledge about investment and finance. A candidate who successfully completes the program and requirement of the CFA Institute is awarded the ‘CFA Charter’.

It takes an average of 4 years for a candidate to complete and earn their CFA Charter. The program covers a broad range of topics which includes investment management, financial analysis, stocks, bonds and derivatives and other financial attributes.

There are certain minimum requirements which are required to be fulfilled:

Minimum Eligibility: The candidate should be in Final Year of graduation to pursue Level I CFA Exam

To get the charter: Four years of qualified, professional work experience, in addition to passing the level I CFA exam, Level II CFA exam and Level III CFA exam

Note: EduPristine provides guidance and training for CFA course CFA Training which is accredited by CFA Institute, which has helped students in growing their career. To learn more about CFA and CFA training,

Company Secretaries

A Company Secretary is a senior position professional in a private sector company and public sector organization.

A Company Secretary is responsible for efficient running of the company’s administration in regard with the compliance with legal and regulatory requirement and for ensuring the decisions made my board of directors are implemented.

There are three stages in CS Course. They are

  • Foundation Program
  • Executive Program
  • Professional Program
  • Student has to go through 15 months of practical training.
  • ICSI Executive program can be pursued after foundation course.
  • Professional program can be pursued after successful completion of the Executive course.
  • After completion of professional course and 15 months training student is joined as Associate Member of the ICSI and called as Associate company secretary (ACS).

ICSI is the Institute of Company Secretaries in India which offers Company Secretary course

Master of Philosophy

M. Phil (Master of Philosophy) is an advanced post graduate research degree. Master of Philosophy is thesis based only and is considered as the second master’s degree. Very few Universities offer M. Phil in India and it is a 2-year long program.

The following Universities are currently offering M.Phil:

1.Jawaharlal Nehru University

2.Indira Gandhi National Open University(IGNOU)

3. Delhi School of Economics

4.IIT, Bombay

JOB OPPORTUNITES after M.COM

M. Com presents a lot of career opportunities to the candidates. Banks and Financial organizations/companies are the major employers of these candidates. In India, Government organizations are the major employers of M.Com Graduates. Central Government companies offer numerous opportunities with basic pay at the entry level is INR 20,000/- to INR 30,000/- per month. Employees do get grade promotions while in the job and hence see the hike in the salary. In addition to this, working in a government organization comes with a lot of perks like gratuity funds, travel allowances and etc. To secure a government job, a candidate need to pass few test conducted by government such as UPSC, SSC, state PSC etc.

Here is the list of government jobs

Private sector has always maintained a status of paying more than the Government sector. Same is the case here; a master degree holder in private sector company gets paid around INR 30,000/- to 40,000/- per month. Candidates with experience and proficiency, can easily earn up to 6 figure income.

The salary of M. Com graduates vary according to the profile they are working in. Listed below are the various profile along-with their average salary in India:

If you are looking for a career to improve your salary package then there are many courses available for obtaining good salary. In today’s competitive world, if you are not satisfied with the career or course you pursued there are many short term – high value – low investment courses available in the market. If you have any questions about the above listed careers or any other career, do mention it in the comments section below.