
What To Do After Bcom?:
- There are numerous career options for students to choose after B.com which has created a dilemma regarding which is the Best Career Option after B.Com.
- While choosing a course, the main factors to consider are the depth of knowledge, the duration, the job opportunities and the demand for a specific qualification.
- Here is a list of some of the Best Career Options after B.Com for you to choose wisely and kick start your career prep.
Certified Public Accountant (CPA Course)
- CPA Course Scope
- Certified Public Accountant (CPA) is a globally recognized designation and is the highest standard of competence in Accountancy. Extremely high preference for Certified Public Accountants across the globe makes it one of the Best Career Options after B.Com.
- The CPA course is extensive and covers accounting topics like law, analytics, taxation, auditing, evaluation, regulatory frameworks and procedures, ethics, planning and management of finances.
- CPA Course Duration
- The minimum CPA course duration is 1 year. The duration is one of the factors CPA is considered among the Best Career Options after B.Com.
- CPA Course Eligibility
- To appear for the US Certified Public Accountant (CPA) examination a candidate should be a Postgraduate, preferably in Commerce like
- Member of the Institute of Chartered Accountants of India
- Member of the Institute of Cost and Works Accountants in India.
- Member of the Company Secretaries in India.
- Master of Commerce.
- MBAs
- Indian CA’s with B.Com are also accepted by quite a few states in the US. However, the exact criteria will vary from State to State.
- To appear for the US Certified Public Accountant (CPA) examination a candidate should be a Postgraduate, preferably in Commerce like
- CPA Course Average Salary Range and Job Opportunities
- CPA Course Scope
Chartered Financial Analyst (CFA® Course)
- CFA® Course Scope
- The CFA Certification is offered by the CFA Institute which is the only authorized body across the globe. It is the best professional certification in finance and covers the subject in depth.
- This makes it one of the Best Career Options after B.Com for students who wish to pursue a career in the finance domain.
- The topics covered by the CFA® course are Ethical and Professional Standards, Quantitative Methods, Economics, Financial Reporting and Analysis, Corporate Finance, Equity Investments, Fixed Income, Derivatives, Alternative Investments, Portfolio Management and Wealth Planning.
- The CFA® course covers the same topics in all the three levels but with each level the topics are covered in more depth. The other factor that makes it one of the Best Career Options after B.Com is the level of expertise it provides by the end of the course.
- CFA® Course Duration
- The minimum CFA® course duration is 2 years if you clear the examinations in the first attempt.
- CFA® Course Eligibility
- To register for the CFA® course a student must be any of the following:
- A final year student
- A graduate with a bachelor’s degree or equivalent
- A combination of four years (or 48 months) of full-time work experience and/or college/university education on the date of registering for the Level I exam
- CFA® Course Average Salary Range and Job Opportunities
- CFA® Course Scope
Association of Chartered Certified Accountants (ACCA Course)
- ACCA Course Scope
- ACCA is another globally recognized qualification in accounting with preferential status in 59 countries, which makes it one of the Best Career Options after B.Com.
- The topics covered in the ACCA course are Business Accounting, Management Accounting, Financial Accounting and Management, Corporate and Business Law, Performance Management and Analysis, Taxation, Financial Reporting, Audit and Assurance on an advanced level.
- ACCA Course Duration
- The minimum ACCA course duration is 2-3 years depending on the Level you start from.
- ACCA Course Eligibility
- The ACCA course has the lowest eligibility criteria wherein a candidate can pursue the course after clearing their 12th exams or while pursuing graduation.
- With the least eligibility criteria, ACCA is considered the Best Career Option after B.Com as well as after 12th.
- The following candidates are eligible for the ACCA course:
- Students who have completed 12th from Commerce stream and have passed in five subjects including English and Mathematics, with 65% marks in at least two subjects and over 50% marks in others
- Students pursuing graduation in Commerce i.e. B. Com, BBA, BMS, etc.
- BA/B.Sc. graduates from a recognized university (no marks restrictions), through a foundation in Accountancy
- Students preparing for CPT, IPCC
- Chartered Accountants should pursue ACCA for added credibility and a global edge.
- The following candidates are eligible for the ACCA course:
- ACCA Course Average Salary Range and Job Opportunities
- ACCA Course Scope
Certified Management Accountant (CMA Course)
- CMA Course Scope
- Even though it is mandatory to have a Bachelor’s degree to obtain the CMA certificate, a candidate can pursue CMA and bachelor’s together.
- This makes it one of the Best Career Options after B.Com as it enables students to graduate along with a CMA Certification.
- CMA course covers topics like Cost Management, Internal Controls, Technology and Analytics, External Financial Reporting Decisions, Planning, Budgeting, and Forecasting, Performance Management, Risk Management, Investment Decisions, Professional Ethics, Financial Statement Analysis, Corporate Finance, Decision Analysis.
- CMA Course Duration
- The minimum CMA course duration is 6-8 months depending on the time dedicated for studies.
- The duration is one of the factors CMA is considered among the Best Career Options after B.Com.
- CMA Course Eligibility
- To become a US Certified Management Accountant (CMA), a candidate should have:
- Membership of the Institute of Management Accountants (IMA) or
- A Bachelor’s degree from an accredited university or an equivalent degree
- To become a US Certified Management Accountant (CMA), a candidate should have:
- CMA Course Average Salary Range and Job Opportunities
- CMA Course Scope
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