Most graduates ask what to do after B com to give a clear answer about their careers. After completing the B com program, students can advance with further studies and professional certifications or employment opportunities in accountancy, finance, marketing, and more. The choice, however, largely depends on personal interest, skills, and career ambitions. Discuss the best courses, career options, and job opportunities after B com. Believe in acquiring skills and practical experience and updating oneself according to new industrial trends for success on the chosen path.
What to Do After B com?
After B com, you can pursue further studies or enter the corporate world. Here’s a brief overview:
- Higher Studies: Some professional courses, which include Chartered Accountancy, ACCA, MBA, and M.Com, are provided to help me achieve further special skills in a respective professional field.
- Certifications: ACCA, CFA, CPA, or CMA add value to your resume; hence, it opens up job opportunities around the globe.
- Jobs opportunities: Accounting, Finance, Banking, Marketing, or Human Resources.
Top 7 Courses After B com
If you’re wondering what to do after B com for a job or higher studies, here are the top courses to consider:
Chartered Accountancy (CA)
The Chartered Accountancy (CA) course is the professional accounting, auditing, and taxation qualification offered by institutes such as ICAI in India. The three-tier entry level includes Foundation, Intermediate, and Final. CA produces mastery in financial management, tax laws, and corporate auditing, securing demand positions in finance and business. It is highly acclaimed for its rigour and career opportunities.
- Duration: 3-5 years.
- Career Options: Auditor, Tax Consultant, Financial Analyst.
Association of Chartered Certified Accountants (ACCA)
The ACCA course provides international qualifications in accounting and finance. It equips the students with financial management, auditing, and taxation skills. It prepares students for global career opportunities through 13 papers divided into three levels. The course provides practical knowledge that is recognized across the globe and is ideal for those looking to work in finance or accounting roles.
- Duration: 2-3 years.
- Career Options: Accountant, Financial Consultant, Risk Analyst.
Master of Business Administration (MBA)
The MBA course is a professional degree in business management. It helps the students acquire leadership, marketing, finance, and strategy skills. Practical knowledge is encouraged through case studies and projects. An MBA educates students to be effective leaders in the company and helps them move toward success in their careers. It is the best choice for those who see success in business and management.
- Duration: 2 years.
- Career Options: Business Manager, Financial Analyst, Marketing Manager.
Certified Public Accountant (CPA)
US CPA course is a world-recognised accounting qualification and is granted to a Certified Public Accountant. The scope of the course is based on auditing, taxation, financial accounting, and business law. It comprises four parts, which help prepare the student to take high-demand roles in the corporate arena of accounting and finance. It is recommended for those with an international career in auditing, taxation, or financial management.
- Duration: 1-2 years.
- Career Options: Auditor, Tax Specialist, Financial Advisor.
Company Secretary (CS)
The CS or Company Secretary course is a corporate law, governance, and compliance program that trains students. This course is an essential tool in managing companies’ legal and regulatory requirements. The course has three levels: Foundation, Executive, and Professional. A CS professional is on the frontline of ensuring that a company follows legal guidelines. This course suits those interested in corporate governance and legal advisory roles.
- Duration: 2-3 years.
- Career Options: Compliance Officer, Legal Advisor, Corporate Secretary.
Chartered Financial Analyst (CFA)
This CFA course concerns investment management, financial analysis, and portfolio management. The three levels are designed to prepare its students for professions in finance, which could include being an analyst or a portfolio manager. The CFA course is recognized and valued worldwide by employers in banks, investments, and corporate finance. It is best suited for a student seeking to build a solid foundation for their career in finance and investments.
- Duration: 2-3 years.
- Career Options: Portfolio Manager, Equity Analyst, Investment Banker.
Master of Commerce (M.Com)
M.Com is the abbreviation for Master of Commerce. It is a postgraduate program with advanced commerce, finance, accounting, and economics studies. It allows students to build expertise in fields like business management, taxation, and financial analysis. This course suits people who wish to pursue teaching, banking, or corporate finance careers. M.Com is for higher studies or professional work in the field of commerce.
- Duration: 2 years.
- Career Options: Lecturer, Accountant, Research Analyst.
Career Options for B com Graduates
A B com degree equips you with the skills needed for various roles in the corporate sector. Here are some of the most popular career options:
Accountant
Accountants handle the maintenance of financial books, preparing a firm’s tax return and ensuring regulatory policy implementation. Skills to be used here are Tally and QuickBooks. Average salaries range between ₹3-5 lakh per annum.
Financial Analyst
A financial analyst studies financial data prepares detailed reports, and helps businesses make smart investments. A candidate for this job should be good at handling Excel, economic modelling, and data analysis. They guide a company toward profitable choices, with an average salary of ₹4-8 lakh annually.
Tax Consultant
A tax consultant offers tax advisory services to individuals and businesses. He or she guides them to follow the tax laws and minimize tax liabilities. Strong knowledge of taxation laws and compliance is a prerequisite for this role. Tax consultants receive an average salary of ₹3-6 lakh per year and play a crucial role in financial planning.
Banking Professional
A banking professional can act as a relationship manager, loan officer, or investment banker to assist people in managing their finances, securing loans, or investing their money. Banking professionals are required to possess good communication and problem-solving skills. A banking professional’s average salary is ₹4-10 lakh per year, based on the role, expertise, and other factors.
Marketing Executive
A marketing executive devises and manages campaigns to promote products or services and increase brand awareness. A marketing executive should be creative, have robust analytical skills, and have good expertise in digital marketing. The average salary of marketing executives is about ₹3 lakh-₹7 lakh a year, according to experience and company.
Entrepreneur
An entrepreneur starts his business or venture by taking calculated risks with him to grow and expand it. He requires a business understanding, strategic planning, and the ability to take risks. Earnings are unlimited and abide by the success and growth of the business.
Human Resource Manager
A Human Resource Manager will be responsible for recruitment, employee relations, and organizational growth. He or she should have excellent people management skills, conflict resolution, and communication skills. HR managers are the backbone of the productive work environment and employee satisfaction. They have an average salary ranging between ₹5 lakh to ₹10 lakh per annum.
FAQs
1. What to do after B com for jobs?
Accountant, financial analysts, and tax consultants are popular job profiles.
2. Which professional course is the best after B com?
CA, ACCA, MBA, and CFA are very much recommended. These skills upgrade your careers to high-paid jobs.
3. Is ACCA a good option after B com?
Yes, ACCA is a good option because it will help students interested in accounts and finance especially. Students passing B com can take maximum exemptions up to 6 from ACCA.
4. Can I opt for M.Com after B com?
It’s a good option if one wants to remain in academics or needs extensive information on commerce subjects.
5. What is the average salary scale of a B com graduate?
The average salary for B com graduates is pegged at ₹3-8 lakh per annum, based on the profile and specific sector.
