Top 12 Career Options after B.com
Have you been looking for the right path to choose after completing your B.com?
Several B. com graduates worry about the career choice they will make after completing their graduation. This choice will determine the course of your professional journey.
In these times of heavy competition, it is important to upskill yourself and choose the correct course which makes your professional career a good one.
If you are confused about which direction to go on, here’s our top 12 picks:
Option #1: Chartered Accountant (CA)
If you are a B.com graduate, the thought of pursuing CA must have dropped in your mind. It is one of the most sought after course by graduates. You can even choose to apply after high school. CA comprises of three stages which are CPT, IPCC and CA Finals. Several multinational companies like EY and Deloitte are always on the lookout for CAs.
Eligibility of the course: Graduation and 2.5 + years of work experience
Duration: 3 years
Average Salary: 6 to 10 lacs
Option #2: Master’s of Commerce (M.com)
If you want to pursue M.Com, you can choose to do it through any government recognized university or college in India. A two-year long course, you will get to master all the courses that you started with in B.Com. Apart from commerce, the postgraduation degree also focuses on accounting, business, economics, banking & finance, taxation and so on.
Eligibility of the course: Graduation and above
Duration: 2 years
Average Salary: 3 to 4 lacs
Option #3: MBA (Finance)
A Masters of Business Administration degree in Finance arena will not only give you an edge but will also open doors to numerous other options to choose from, corporate finance to accounting, everything is a choice after this course. Prepare for the Common Admission Test and get into a prestigious MBA institute to add value.
Eligibility of the course: Graduation and above
Duration: 2 years
Average Salary: 6 to 10 lacs
Option #4: Company Secretary (CS)
Company Secretary is one of the most pivotal jobs in any organization. As a CS you would be responsible for handling the legal aspects of a firm. You will mostly deal with company’s tax returns, maintenance of tax records, offer advice and ensure that the legal and statutory regulations are met.
Wondering what you will have to do to bag this job? Corporate law. It comprises of Foundation, Intermediate and Finals.
Eligibility of the course: Graduation and above
Duration: 3 years
Average Salary: 4 to 10 lacs
Option #5: Chartered Financial Analyst (CFA)
Are you looking for something more global? CFA is one of the most prestigious globally recognized courses professionally offered by the CFA Institute. The course is designed to measure and certify the competence and integrity of financial analysts. It includes topics like advanced investment analysis, including statistics, economics, probability theory, corporate finance, security analysis, financial analysis, fixed income, derivatives, alternative investments, and portfolio management, and so on.
Eligibility of the course: Graduation and above
Duration: 2.5 years
Average Salary: 6 to 10 lacs
Option #6: Business Accounting & Taxation
Still confused? The BAT course is professionally designed by experts of the industry to provide aspirants with necessary industry knowledge for accounting job roles. Some of the topics in this course include financial reporting using ERP software, finalization of financial statements, goods and service tax (GST), direct taxation, payroll components ESIC, and Excel and MIS reporting.
Eligibility of the course: Graduation and above
Duration: 8 to 12 weeks
Average Salary: 4 to 5 lacs
Option #7: Financial Risk Management (FRM)
FRM is a globally recognized certification in the field of finance and banking. Issued by the Global Association of Risk Professionals (GARP, USA), FRM opens several options in the fields of risk management, trading, structuring, modelling and much more.
Eligibility of the course: Graduation and above
Duration: 9 Months
Average Salary: 10 to 18 lacs
Option #8: Certified Investment Banker
Investment banking and financial services sector are one of the most in demand these days. Your role as an investment banker will be to provide your clients with your expertise in raising capital by selling equities and issuing debts in the company. CIB opens doors to a career in investment banking, private equity, equity research, hedge funds, asset management, private wealth management, and corporate finance and strategy.
Eligibility of the course: Graduation and above
Duration: 6 months
Average Salary: 6 to 10 lacs
Option #9: Certified Management Accountant
Thinking about settling abroad? CMA is your calling.
The focus is on two courses, management accounting and financial management. This certification, will make you competent and knowledgeable in areas like financial planning, analysis, control, decision support, and professional ethics.
Eligibility of the course: Graduation and 2+ years of experience
Duration: 2 years
Average Salary: 8 to 9 lacs
Option #10: Association of Chartered Certified Accountants (ACCA)
ACCA is the world’s leading international accountancy organization. The ACCA qualification will guide you towards a future in fields of accounting, banking, management and consulting. ACCA is similar to CA, however, the program provides additional knowledge about UK GAAP, IFRS and laws which makes ACCA superior to CA.
Eligibility of the course: Graduation and 2+ years of experience
Duration: 2 years
Average Salary: 6 to 16 lacs
Option #11: Financial Modelling
Financial Modelling is one of the most fundamental and crucial courses in the finance industry. It is the knowledge of building a model to depict financial statements and provide business solutions through the investment analysis.
Eligibility of the course: Graduation and above
Duration: 6 to 19 weeks
Average Salary: 5 to 12 lacs
Option #12: Digital Marketing
Digital marketing is one of the most desirable fields right now. Digital Marketing course is designed to introduce you to the world of digital marketing, its core concepts, and techniques of building a digitally sound brand. Digital marketing courses focus on topics like SEO, SEM, SMM, email marketing, content marketing, PPC, web design, and so on.
Eligibility of the course: Graduation and above
Duration: 3 to 11 months Average Salary: 5 to 6 lacs
