best courses after bcom

Graduating with a Bachelor of Commerce (BCom) degree opens up opportunities. However, the sheer number of options can be overwhelming. This comprehensive guide will help you navigate the best courses after BCom, ensuring you make an informed decision for a successful career.

Why Choose Your Course After BCom Wisely?

Selecting the best course after BCom is crucial for several reasons:

  • Career Options: The right training can help you get more job opportunities. It can help you get into specific jobs and fields you hadn’t thought of before.
  • Skill Development: Taking classes after college can help you get better at specific things people want. In a tough job market, these skills can help you stand out.
  • Industry Alignment: Some courses are made to meet the wants of certain industries. If you make a smart choice, you’ll be ready for what the market needs.
  • Networking Opportunities: Many classes allow you to meet other students and workers in your field. These connections could be helpful for your future job.
  • Job Satisfaction: If your hobbies match your career choice, you’ll be happier at work and with your life in general.
  • Higher Earning Potential: jobs that require specialized knowledge usually pay more. Taking the right course can help you make a lot more money.

15 Best Courses After BCom In India

Courses and Salaries <

Let’s explore each course in detail:

1. Master of Commerce (MCom)

MCom is a natural progression for BCom graduates, offering deeper insights into commerce concepts.

  • Average Salary: 3.26 – 5.0 LPA
  • Top Hiring Companies: Infosys, TCS, Wipro

Job Opportunities:

  • Accountant
  • Business Consultant
  • Financial Analyst
  • Investment Banker
  • Finance Manager
  • Corporate Analyst

Eligibility:

  • Bachelor’s degree in Commerce with 65-70% marks
  • Mathematics at the school level
  • Possible entrance test

MCom programs often offer specializations like Finance, Accounting, or Marketing. This allows you to tailor your degree to your career goals.

2. Chartered Accountancy (CA)

CA is a prestigious professional degree in accounting, auditing, and taxation.

  • Average Salary: 6.4 – 10.0 LPA
  • Top Hiring Companies: Deloitte, KPMG, EY, PwC

Job Opportunities:

  • Chartered Accountant
  • Internal Auditor
  • Taxation Expert
  • Chief Financial Officer
  • Financial Consultant
  • Forensic Accountant

Eligibility:

  • 10+2 or equivalent
  • Clear CA Foundation, Intermediate, and Final exams
  • 3-year article training

CA is known for its rigorous curriculum and high professional standards. It’s ideal for those with strong analytical skills and attention to detail.

3. Master of Business Administration (MBA)

MBA provides broad business knowledge and develops leadership skills.

  • Average Salary: 7.0 – 20.0 LPA
  • Top Hiring Companies: Tata, Reliance, Amazon, Flipkart

Job Opportunities:

  • Financial Manager
  • Marketing Manager
  • HR Manager
  • Business Analyst
  • Operations Manager
  • Project Manager
  • Management Consultant

Eligibility:

  • Recognized undergraduate degree
  • Minimum 50% in bachelor’s
  • Entrance exams like CAT, GMAT, or XAT

MBA programs often offer specializations like Finance, Marketing, or Human Resources. This allows you to focus on your area of interest.

4. Company Secretary (CS)

CS prepares you for handling legal and corporate governance aspects of an organization.

  • Average Salary: 6.0 – 12.0 LPA
  • Top Hiring Companies: Hindustan Unilever, Tata, ICICI Bank

Job Opportunities:

  • Company Secretary
  • Corporate Planner
  • Legal Advisor
  • Managing Director
  • Compliance Officer
  • Corporate Governance Specialist

Eligibility:

  • 10+2 or equivalent
  • Clear CS Foundation, Executive, and Professional exams
  • Practical training programme

CS is ideal for those interested in corporate law and governance. It’s a challenging but rewarding career path.

5. Chartered Financial Analyst (CFA)

CFA focuses on investment analysis and advanced financial concepts.

  • Average Salary: 8.0 – 15.0 LPA
  • Top Hiring Companies: Goldman Sachs, Morgan Stanley, J.P. Morgan

Job Opportunities:

  • Asset Manager
  • Risk Consultant
  • Equity Research Analyst
  • Portfolio Manager
  • Investment Strategist
  • Wealth Manager

Eligibility:

  • Bachelor’s degree
  • Four years of professional experience
  • Pass three levels of CFA exams

CFA is globally recognized and highly respected in the finance industry. It’s perfect for those aiming for a career in investment management.

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6. Association of Chartered Certified Accountants (ACCA)

ACCA offers professional accountancy programmes for aspiring chartered accountants.

  • Average Salary: 7.0 – 12.0 LPA
  • Top Hiring Companies: EY, Deloitte, PwC, KPMG

Job Opportunities:

  • Tax Manager
  • Financial Accountant
  • Auditor
  • Financial Controller
  • Business Advisor
  • Risk Analyst

Eligibility:

  • 10+2 with Mathematics and English
  • 65% in Mathematics or Accounting
  • Minimum 18 years of age

ACCA is internationally recognized, making it an excellent choice for those considering a global career in accounting.

7. Certificate in Investment Banking (CIB)

CIB teaches various concepts of the investment world.

  • Average Salary: 15.5 – 25.0 LPA
  • Top Hiring Companies: Goldman Sachs, Morgan Stanley, J.P. Morgan

Job Opportunities:

  • Investment Banker
  • Junior Analyst
  • Senior Analyst
  • Mergers and Acquisitions Specialist
  • Corporate Finance Advisor

Eligibility:

  • Bachelor’s degree in finance or related field
  • Minimum 50% marks
  • Relevant work experience (sometimes required)

CIB is ideal for those interested in high-stakes financial transactions and corporate strategy.

8. Data Science Certification

Data Science helps develop core competencies in business and data analysis.

  • Average Salary: 15.5 – 28.0 LPA
  • Top Hiring Companies: Google, Amazon, Microsoft, Facebook

Job Opportunities:

  • Data Engineer
  • Data Analyst
  • Machine Learning Engineer
  • Data Warehouse Architect
  • Business Intelligence Analyst
  • Data Visualization Specialist

Eligibility:

  • Bachelor’s degree in a relevant field
  • Basic programming skills
  • Strong analytical skills

Data Science is a rapidly growing field with applications across industries. It’s perfect for those who enjoy working with numbers and deriving insights from data.

9. Certified Management Accountant (CMA)

CMA equips students with skills in financial accounting and strategic management.

  • Average Salary: 6.5 – 15.0 LPA
  • Top Hiring Companies: IBM, Dell, Accenture, Genpact

Job Opportunities:

  • Chief Financial Officer
  • Management Accountant
  • Financial Analyst
  • Financial Controller
  • Cost Accountant
  • Budget Analyst

Eligibility:

  • Bachelor’s degree or IMA-approved certification
  • 2 years work experience
  • Pass the CMA exam

CMA is ideal for those interested in both accounting and strategic business management.

10. Financial Modelling (FM)

Financial Modelling combines finance and technology skills.

  • Average Salary: 5.0 – 12.0 LPA
  • Top Hiring Companies: Clearwater Analytics, KPMG, Accenture, Deloitte

Job Opportunities:

  • Financial Data Analyst
  • Financial Analyst Data Engineer
  • Financial Data Consultant
  • Quantitative Analyst
  • Financial Forecaster

Eligibility:

  • Bachelor’s degree in commerce or related field
  • Basic skills in Python or R
  • Understanding of data analysis and financial concepts

FM is perfect for those who enjoy working with financial data and creating predictive models.

11. Digital Marketing (DM)

Digital Marketing focuses on developing online marketing campaigns.

  • Average Salary: 4.5 – 15.0 LPA
  • Top Hiring Companies: Google, Amazon, IBM, Bank of America

Job Opportunities:

  • Social Media Marketer
  • Content Marketer
  • Search Engine Marketer
  • Digital Marketing Manager
  • E-commerce Specialist
  • PPC Expert

Eligibility:

  • Degree in commerce or related field
  • Knowledge of the latest digital trends

DM is ideal for creative individuals interested in the intersection of marketing and technology.

12.Investment Banking (IB)

Investment Banking certification prepares you for a career in investment firms.

  • Average Salary: 16.5 – 30.0 LPA
  • Top Hiring Companies: Saxo Group, Motilal Oswal, Deutsche Bank

Job Opportunities:

  • Investment Banker
  • Investment Banking Analyst
  • Portfolio Manager
  • Private Equity Associate
  • Hedge Fund Manager

Eligibility:

  • BCom or similar degree
  • Strong analytical and quantitative skills

IB is perfect for those who thrive in fast-paced, high-pressure environments and are keenly interested in financial markets.

13. Certified Public Accountant (CPA)

CPA is a globally recognized accounting certification.

  • Average Salary: 8.5 – 18.0 LPA
  • Top Hiring Companies: EY, KPMG, Deloitte

Job Opportunities:

  • Public Accountant
  • Corporate Accountant
  • Financial Advisor
  • Forensic Accountant
  • Tax Consultant
  • Internal Auditor

Eligibility:

  • Bachelor’s degree in accounting or related field
  • Pass the CPA exam
  • Meet experience requirements

CPA is ideal for those seeking a versatile accounting qualification with international recognition.

14. Actuarial Science

Actuarial Science applies mathematical and statistical methods to assess risk in insurance and finance.

  • Average Salary: 10.0 – 25.0 LPA
  • Top Hiring Companies: LIC, ICICI Prudential, Max Life Insurance

Job Opportunities:

  • Actuary
  • Risk Analyst
  • Underwriter
  • Pension Consultant
  • Insurance Product Developer
  • Financial Risk Manager

Eligibility:

  • Strong mathematical background
  • Pass actuarial exams

Actuarial Science is perfect for those who excel in mathematics and enjoy applying it to real-world financial problems.

15. Business Analytics

Business Analytics combines business knowledge with data analysis skills.

  • Average Salary: 12.0 – 22.0 LPA
  • Top Hiring Companies: McKinsey, Bain & Company, BCG

Job Opportunities:

  • Business Analyst
  • Data Scientist
  • Management Consultant
  • Operations Research Analyst
  • Market Research Analyst
  • Supply Chain Analyst

Eligibility:

  • Bachelor’s degree in business or related field
  • Strong analytical and problem-solving skills

Business Analytics is ideal for those who enjoy using data to drive business decisions and strategies.

Tips for Choosing the Best Courses After BCom

  • Identify your interests and strengths: Choose a course that aligns with what you enjoy and excel at.
  • Research job prospects: Look into the demand for professionals in your chosen field.
  • Consider future study opportunities: Ensure your choice aligns with any advanced degrees you want to pursue.
  • Seek guidance: Consult with professionals or mentors in your field of interest.
  • Review course content: Carefully examine the curriculum to ensure it meets your expectations and career goals.
  • Consider location and flexibility: Consider where you want to study and whether you need flexible learning options.
  • Evaluate budget and scholarships: Consider the cost of the course and explore financial aid options
  • Look at industry connections: Choose courses that offer internships or strong ties to relevant industries.
  • Check accreditation: Ensure the course and institution are recognized by relevant professional bodies.
  • Consider your long-term career goals: Consider where you want to be in 5-10 years and choose accordingly.

FAQ Best Courses After BCom

Which job is best after B.Com and what’s the salary?

Financial analysts, investment bankers, and accountants are top choices. Salaries range from 4-6 LPA for freshers, potentially increasing to 15-20 LPA with experience.

Can a B.Com graduate get a job in an IT company?

Yes, particularly in roles like data analyst, business analyst, or project manager. Additional IT certifications can significantly boost your chances.

Which job is the highest paid in commerce?

Investment bankers and Chartered accountants often command the highest salaries, with experienced professionals earning 20-30 LPA or more.

Is a professional degree necessary after B.Com for a good job?

While not always mandatory, additional qualifications can enhance your skills, improve job prospects, and potentially lead to higher salaries.

How can I decide which course is best for me after B.Com?

Consider your interests, strengths, career goals, and job market trends. Research thoroughly and consult with professionals in your desired field.

Are their online options for these courses?

Many courses now offer online or hybrid options, especially after the COVID-19 pandemic. However, check the recognition of online programs.

How long do these courses typically take to complete?

Duration varies widely. Some certification courses can be completed in months, while others, like CA or CFA, can take several years.

Conclusion

In conclusion, choosing the right course after BCom is crucial to shaping your career trajectory. Consider your interests, strengths, and long-term goals. Research thoroughly, seek professional advice, and stay informed about industry trends. With the right choice and dedication, you can set yourself up for a successful and rewarding career in the dynamic world of commerce and beyond.

Remember, while this guide provides a comprehensive overview, the best choice depends on your circumstances and aspirations. Stay curious, be open to learning, and avoid pivoting if you discover new interests. Your BCom degree is just the beginning of an exciting professional journey!

Lovepreet Sachdeva is a skilled digital marketing professional with experience in the education sector since 2022. He has a strong interest in learning and enjoys sharing his knowledge on education, technology, digital marketing, and wellness through his writing. Singh has a passion for music, technology gadgets, and travel.

RankCourseAvg. Salary (LPA)Top Hiring Companies
1MCom3.26 – 5.0Infosys, TCS, Wipro
2Chartered Accountancy (CA)6.4 – 10.0Deloitte, KPMG, EY, PwC
3MBA7.0 – 20.0Tata, Reliance, Amazon
4Company Secretary (CS)6.0 – 12.0Hindustan Unilever, Tata, ICICI Bank
5Chartered Financial Analyst (CFA)8.0 – 15.0Goldman Sachs, Morgan Stanley
6ACCA7.0 – 12.0EY, Deloitte, PwC, KPMG
7Certificate in Investment Banking (CIB)15.5 – 25.0Goldman Sachs, J.P. Morgan
8Data Science Certification15.5 – 28.0Google, Amazon, Microsoft
9CMA6.5 – 15.0IBM, Dell, Accenture
10Financial Modelling (FM)5.0 – 12.0Clearwater Analytics, Accenture
11Digital Marketing (DM)4.5 – 15.0Google, Amazon, IBM
12Investment Banking (IB)16.5 – 30.0Saxo Group, Motilal Oswal
13CPA8.5 – 18.0EY, KPMG, Deloitte