The article covers the 5 Best Accounting Courses After B.Com.—Chartered Accountancy, Certified Management Accountant, Company Secretary, Certified Public Accountant, and Diploma in International Financial Reporting Standards—that B.Com. Graduates can pursue after completion of graduation to enhance their career opportunities in the field of accounting and finance.
This detailed guide covers the five best courses after B.Com. Graduates, along with their eligibility criteria, duration, and fee structure. Read on to make an informed choice for your post-graduation plans.
Hear Are 5 Best Accounting Courses After B.Com
Chartered Accountancy (CA) Is Best Accounting Courses After B Com
Offered by the Institute of Chartered Accountants of India (ICAI), the Chartered Accountancy course is the most prestigious accounting credential in the country.
Certainly! Here’s a simple table representing the information you provided:
| Criteria | Details |
|---|---|
| Eligibility | Graduate in any stream with 50% aggregate marks |
| Duration | 3-4 years |
| Fees | INR 56,000 for the full course (approx.) |
Feel free to adjust or customize the table based on any additional details or specific requirements you may have.
The CA program has three levels: CA Foundation, CA Intermediate, and CA Final. Completing this rigorous professional course develops in-depth expertise in accounting, taxation, auditing, and finance. Chartered accountants can find lucrative career opportunities across public accounting firms, banks, corporations, and government organizations.
Certified Management Accountant (CMA)
The CMA qualification awarded by the Institute of Management Accountants, US, focuses on management accounting and financial planning.
Certainly! Here’s another table based on the information you provided:
| Criteria | Details |
|---|---|
| Eligibility | Bachelor’s degree |
| Duration | 2 years |
| Fees | USD 930 for a one-part exam |
The two-part CMA exam covers financial planning, analysis, control, and decision support. CMA credential holders can seek employment in manufacturing, healthcare, education, banking, and other industries. The CMA qualification holds global recognition and offers opportunities for international career prospects.
Company Secretary (CS)
Offered by the ICSI (Institute of Company Secretaries of India), the CS course specializes in company law, corporate governance, management, and administration.
| Criteria | Details |
|---|---|
| Eligibility | Graduate in any stream |
| Duration | 3-4 years |
| Fees | INR 89,000 for the full course (approx.) |
The CS program has three tiers: foundation, executive, and professional. Company secretaries find career opportunities in stockbroking firms, banks, corporate legal departments, and more. The role offers a perfect mix of managerial and legal responsibilities.
Certified Public Accountant (CPA)
The American Institute of CPAs awards the CPA license, which is the most prestigious accounting credential in the US.
| Criteria | Details |
|---|---|
| Eligibility | Bachelor’s degree with an accounting major |
| Duration | 1-2 years |
| Fees | USD 1000 per exam section |
The four sections of the CPA exam are Auditing & Attestation, Business Environment & Concepts, Financial Accounting & Reporting, and Regulation. Pursuing the CPA opens doors to work in public accounting firms, corporations, non-profits, and government agencies abroad.
Diploma in International Financial Reporting Standards (Dip IFRS)
Offered by ACCA, this diploma course covers the IFRS standards used for financial reporting globally.
| Criteria | Details |
|---|---|
| Eligibility | Bachelor’s degree in accounting or finance |
| Duration | 6 months |
| Fees | NR 60,000 (approx.) |
The curriculum focuses on International Accounting Standards, IFRS-based reporting, consolidated statements, and more. The Dip IFRS qualification enhances the career prospects of B.Com. graduates in multinational companies, banks, and accounting firms.
In today’s competitive job market, pursuing specialized courses like CA, CMA, CS, CPA, or DipIFRS after your B.Com. degree can not only enhance your knowledge but also boost your career opportunities and potential salaries. Evaluate the eligibility, duration, and cost factors before deciding on the best accounting course suitable for your career goals.
FAQ OF 5 Best Accounting Courses After B Com
What are the career options after BCom in Accounting and Finance?
Popular career options after BCom in Accounting and Finance include Chartered Accountant, Company Secretary, Cost Accountant, Financial Analyst, Tax Consultant, Auditor, Management Accountant, Banking and Financial Services, etc. You can get jobs in accounting, taxation, auditing, corporate finance, investment banking, etc.
Which courses can I do after BCom to boost my career?
After BCom, you can do certification courses like CA, ICWA, CS, CFA, CFP, a Diploma in IFRS, Financial Modeling, and a Diploma in Banking and Finance. You can also pursue MCom, MBA or MCA for further studies. These courses will enhance your accounting, finance and management skills.
What is the eligibility for CA after BCom?
The eligibility for CA after BCom is passing Class 12 exams with a minimum of 50% marks. You need to clear three levels – CPT, IPCC and CA Final. CPT can be given during BCom after the 10+2 exam. IPCC and CA Final can be pursued after graduation.
How do I get into investment banking after BCom Accounting and Finance?
To get into investment banking, you can complete CFA or FRM after BCom. Getting an MBA in Finance will also help. Maintain a good academic record, get internships in relevant fields, network and apply for investment banking roles in major firms. Good performance in interviews is also essential.
Lovepreet Sachdeva is an SEO Specialist with extensive experience in helping businesses improve their online presence. He is dedicated to providing top-notch SEO services and personalized strategies to boost your website’s performance. Contact him today for professional SEO assistance.
