While writing your last paper of final B.Com exam, tons of thoughts are going through your mind, most of which include plans about sleeping the entire week or partying an entire week (depends on your preferences). But trust me, none of them are taking place. As soon as you finish your Exams you have your parents, relatives, neighbours and everyone on your Facebook friend list asking you about your future plans. And no, not your partying or sleeping plans but your career after B.Com plans. 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.

On a serious note, today, just completing your graduation is not counted as having a great career. You need great knowledge and a good degree to face strong competition in life. But the most important question is which is the right course after B.Com for you? Since you have completed your graduation in Commerce, we are assuming that you are interested in the field of Accounting and therefore shall guide you to choose a career in the field of Accounting. 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.

courses and career options after B.Com

The Most Common Choices

Chartered Accountant (CA)

One of the most common careers that cross every commerce student’s mind is CA. CA exams are conducted by Institute of Chartered Accountants (ICAI) and require one to clear 3 Examinations over the period of time that are CPT, IPCC and Final CA. Since you are done with your graduation, you are eligible to directly appear for IPCC which consists of two groups. After clearing one of the groups, a student is required to register for articles with experienced CA’s for a period of two and a half years. After clearing both groups of IPCC and successfully completing your articles you can appear for Final CA. Final CA again has two groups and after clearing both the groups, you can proudly affix the words CA before your name.

Masters of Commerce (M.Com)

Done with the B.Com now next what? I am sure most of you said M.Com. It is very common of students going for the Master’s degree in Commerce after completing B.Com. It is a two-year program and you can pursue it from any of the recognized institutes. M.Com is a program that focuses on a systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management and therefore it gives insights about all the fields.

Masters of Business Administration (MBA in Finance)

There is always someone in the family who will advise you to pursue MBA. A good career in MBA totally depends on the credibility of the institute that you are pursuing from. If you are an IIM student then success will follow you to your doorsteps but doing MBA from an ordinary and not much-renowned institute will only add numbers to the list of unemployed MBAs. The results of your CAT exams determine the institute where you can pursue the MBA program. It is a two-year program on completion of which you can easily get a job in the financial service sector.

Let’s go International

Certified Management Accountant (CMA)

If you have plans of going global or working in the Top MNCs then going for international certifications is the right choice for you. The CMA is offered by the Institute of Management Accountants (IMA) USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA). To become a CMA, a student is required to clear two examinations. CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – making you the preferred choice of the potential employers.

More Details about CMA course

Certified Public Accounting (CPA)

A Certified Public Accountant (CPA) is the highest standard of competence in the field of Accountancy across the globe. The exam is administered by the American Institute of Certified Public Accountants (AICPA), which is the world’s largest accounting body. A CPA qualification is similar to the Indian CA qualification. In addition to the CA qualification, a CPA will have knowledge of US Generally Accepted Accounting Principles (GAAP), IFRS (International Financial Reporting Standards), Generally Accepted Accounting Standards (GAAS), US federal taxation and business laws. This gives a great advantage to a CPA when working with US Based Financial firms or Indian firms working for US clients. This exam consists of 4 exams which can be completed within a period of less than a year. Pursuing CPA after completing CA, M.Com, CS, MBA in finance, ICWA can also help your career to a great extent.

More Details about CPA course

Association of Chartered Certified Accountants (ACCA)

ACCA (Association of Chartered Certified Accountants) is the world’s leading and fastest-growing international accountancy organization with 162,000 members and 428,000 students in 173 countries. 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 is considered to be very similar to CA but ACCA program provides you with additional knowledge about UK GAAP, IFRS and laws which makes ACCA superior to CA. To successfully complete your ACCA program you will need to clear 14 paper (lesser in case of Exemptions).

More Details about the ACCA course

EduPristine’s Special

Business Accounting and Taxation (BAT)

Biggest problem for B.com Fresher’s, all the jobs that we like – need some work experience in Finance & Accounts, without work experience jobs are mostly in BPOs, Back office or Sales. So what can one do?

We at EduPristine have researched and have successfully designed a course will give you the practical understanding of accounting, taxation, reporting, and compliance all the skills that you need in accounting firms (Big 4s), KPO or other hardcore finance and account profiles.

Right from understanding the basic journal entry, final accounts, tax compliances, we will also help you to enhance your soft skills (business communication), understanding advanced Excel and technology used in industry, the most essential, SAP training.

In a nutshell,

BAT Course = Practical exposure to accounting, taxation and compliances + improved business communication + SAP Training + Tally Training + Quick Book Training +Overall Self Development + Right Career Development

More Details about BAT course

Parameters CA M.Com MBA CMA CPA ACCA
Recognition ICAI Local Administration body Local Administration body IMA USA AICPA USA ACCA UK
Average Fees (INR) 2.5 lakhs 12k to 25k 2-7 lakhs 80K to 1.5 lakhs 1.25 to 1.75 lakhs 3 lakhs
Duration 5 years 2 years 2 years Around 1 year Around 1 year 2 years
Average Salary Package (INR) 3-9 lakhs 2- 6 lakhs 3 – 8 lakhs 4- 8 lakhs 5-12 lakhs 3.5-10 lakhs

So that was the list of courses that we think a commerce student can take up after graduation. If you are looking for a career to improve your salary package then there are many courses available for obtaining good salary. One small advice: The common courses of our list are seriously too common and crowded with people of similar skills and intelligence so be smart enough and go for the specialized courses like CPA,CMA or ACCA. EduPristine is one institute where you can pursue any of these international courses that will take your career to new heights.

Want to know more about Career options after B.Com?

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For any queries or course information, you can call on our toll-free no – 1800-200-5835.