Venkateshwara Group of Institution BEST College in Meerut , Uttar Pradesh
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The best course after B.Com is the Master of Business Administration (MBA) course because it opens a plethora of opportunities in the business world.
B.Com graduates study sales management, accounting, business mathematics & organizational behavior, which they also study in the business management course.
Companies prefer B.Com with an MBA because they are adept at book-keeping & financial aspects of the firm, making them highly employable for business management.
MBAs run the company & adopt strategies that make the firm profitable because they are experts of business management. A B.com graduate studies business economics that prepares a firm base for a management career after doing an MBA.
Chartered Accountant
The next best course after B.com is CA. The CA tag fancies many because they manage the company’s financial affairs.
The Institute of Chartered Accountants of India (ICAI) conducts the CA course which is of 3 years’ duration. Students can pursue a CA course after class 12th or after graduation.
Companies pay CAs well because they manage the finances of the company. In fact, they are part of the management, as they ensure the company’s financial planning is in sync with its objectives.
For becoming CA, one needs to clear three stages, namely CPT, IPCC & CA Finals, along with an internship of 2.5 years.
We can do a CA course right after class 12th, unlike an MBA, which requires a graduate degree.
Company Secretary
The next best course after B.Com is CS. A CS manages the legal affairs of a company because they study compliance & corporate laws. It’s an important designation in the company because they safeguard the firm against legal issues.
The CS course runs into 3 years, involving three stages of foundation: executive & professional.
Eligibility: For doing a CS course, one should be a 12th pass or a graduate in any discipline.
After B.com which course is best – CFA
Chartered Financial Analyst
Those interested in flamboyant careers involving capital markets should do CFA because they do technical analysis & give investment advice.
They pay CFAs well because they analyze the financial performance & improve the financial stability of the firm. Those planning to become financial analyst or market research analyst should do CFA because they are adept at doing financial analysis.
The course duration is 2.5 years & one should be a graduate to do the CFA course.
Master of Commerce (M.Com)
Those looking for specialization in commerce should pursue M.com because it’s a PG qualification in accounts & taxation. After M.Com, a plethora of opportunities awaits one like teacher, lecturer, senior accountant and the likes.
Most M.Com holders get hired in schools & colleges teaching accounts & B.Com students because they are specialists of accounts & taxation.
M.Com course duration is 2 years & one should be B.com for pursuing an M.Com course.
Business Accounting & Taxation (BAT)
This course trains a Bcom graduate about the nuances of business accounting & taxation so that they enjoy an illustrious accounting career.
It provides hard core practical training about accounting, taxation & reporting as mandated in accounting & other firms.
The course is 8 to 12 weeks long & a B.Com & above can pursue this course.
Certified Management accountant (CMA)
As the name suggests, a CMA is the benchmarked professional who adopts the best accounting principles for financial planning, analysis, & decision support to achieve financial goals.
It’s an international certification wherein a candidate has to clear 2 examinations to gain the CMA tag.
The course duration is 6 months & one should be graduate with 2 years of work experience to become a CMA.
After B.com which course is best – B.Ed.
Bachelor of Education (B.Ed.)
The B.Ed. course opens a plethora of teaching opportunities for B.Com graduates because there is a separate commerce stream in every school.
In metros, students are more inclined to pursue commerce because of the heightened scope for commerce graduates in various firms.
The B.Ed. course is of 2 years & the eligibility is graduation in arts/science/commerce.
Certificate in Investment Banking (CIB)
As the name suggests, a Certified Investment Banker advises on the right portfolio of stocks to invest in for getting good returns. They are experts in portfolio management, investment banking, hedge funds, private equity & the likes.
This course opens a myriad of opportunities because all wealthy people hire investment bankers to manage their hedge funds.
The course duration is between 6 months to 1 year & one should be a commerce graduate for doing the course.
Certified Public Accounting (CPA)
The CPA is the certified international qualification of accounting, allowing B.com graduates to work internationally.
The American Institute of Certified Public accountants (AICPA) offers this course, making one an internationally recognized public accountant.
The course duration is 18 months & one should be B.com to pursue this course.
Certified Financial Planner
If you love planning the financial needs of your clients so that they save enough to lead a comfortable life, then this is the course for you. CFP must meet the Financial Planning Standards Boards requirements to become a valued financial planner.
The course completes in 6 months & one should be B.Com for pursuing the course.
Jobs after B.com and salary
Accountant
The most common job after B.Com is that of Accountant because they manage accounts and are best suited for these profiles. There are plenty of accounting jobs available because managing the financial affairs is vital for any entity.
Metros like Delhi, Mumbai & Tier 2 cities have many jobs in accounts because employing an accountant is vital for the company.
The average salary of an accountant is INR 3.5 LPA–18 LPA.
Financial Risk Manager
Financial Risk Manager (FRM) mitigates risks for their clients by creating a diversified portfolio that ensures they have good returns on investments.
It’s a globally recognized certification which GARP USA provides for those seeking careers in finance & wealth management.
The average salary of a FRM is INR 10 LPA–18 LPA.
Business Analyst
A BA analyses the ideal business prospects for a firm & provides insights to augment the firm’s revenues because they study commerce & management in B.com. All firms require young graduates who work towards improving the business prospects of the company.
The average salary of a business analyst is INR 3.5 LPA–5.5 LPA.
Public Sector Banks
All private & Public sector banks hire B.com graduates because they are adept at accounting & taxation & have good business sense.
For selection in PSB, one needs to clear the entrance exam while some private sector banks also conduct their selection tests for short-listing candidates.
Banks & financial institutions are the main recruiters for B.com graduates because they are adept at managing accounts.
The salary range in banks is INR 5 LPA–12 LPA.
Government Jobs after B.Com and salary
A B.Com degree qualifies one for all government jobs where the minimum qualification is graduate because a B.Com degree is a graduation degree.
Candidates can sit for UPSC CSE, CDS & SSC CGL exams because there are plenty of government jobs up for grabs.
Government Jobs after B.Com and salary
Most state governments recruit teachers in large numbers because a B.com with a B.Ed. qualifies one for a government teaching profile. There is a separate Commerce stream in every school who hire Commerce teachers with a B.Ed.
The salary in Government jobs is pretty high because they receive 7th pay commission salaries.
Courses after B.Com with placement
As mentioned earlier, the best course after B.com depends on your interest & your acumen because no two persons are alike. Those with business acumen & excellent communication skills should pursue an MBA because they manage vital operations of the firm like marketing, finance, HR & IT.
Most MBAs get placed because they are adept at running the business smoothly & generating revenue for the firm. All entities want them because they are business leaders capable of steering the company out of revenue loss.
Most courses mentioned above have sound placement because they are specialization courses having good employment potential. No country can grow without commerce & management because they are revenue generators that open up new avenues of growth & development.
Courses after B.Com with fees
We have mentioned the various courses after B.com & their fees depend on the college one pursues the course from. The next best course after B.com is Digital marketing because, with one of the highest internet users in the world, India is a fertile market for digital marketers.
Digital marketing entails marketing through the web using social media platforms of Facebook, LinkedIn, Twitter & the likes.
Smartphones are indispensable now & people use these platforms incessantly highlighting how important digital marketing is.
Digital marketing is an ever-growing field as firms realize how important it is to connect with their prospects over the internet.
Content writers, Content Creators, digital marketing experts are being hired because they showcase company’s products leading to brand awareness.
