BCom is one of the most popular courses that most students opt for after completing high school.
However, just doing B.Com honors or any other specialization isn’t enough to get high-paying jobs.
If you’re in the last year of B.Com and have no idea what to do after it, then you should probably select a good course after completing the B.Com to build a well-established career.
There are a plethora of courses available after B.Com.
Best Courses After B.Com
Here are the five best courses you can take based on your interests if you want to land a high-profile job with a high salary package.
1. MCom ( Master of Commerce )
MCom is specifically designed for BCom graduates. It’s a two-year postgraduate course in commerce where you imbibe insights into various subjects such as banking, finance, business management, taxation, and many more.
If you want to build your career in finance, taxation, or BFSI (banking, financial services, and insurance), or you have completed graduation through BCom taxation or an other specialization then this could be the perfect course to pick.
Also, it polishes your skills and you end up learning a lot about business management. It helps to impart theoretical knowledge into the professional world.
You can fit into a variety of job profiles with MCom, including accountant, finance manager, account executive, and many others.
Some of the top-notch companies which prefer hiring MCom candidates are Accenture, Infosys BPO, Tata Consultancy Services, etc. The average salary you receive after BCom is Rs 3.8 LPA per annum.
2. MBA ( Master of Business Administration )
If you’re interested in starting your own company, joining a business, or want to get fit in high-profile jobs, then there’s no better option than pursuing an MBA.
An MBA is the most popular and preferable two-year post-graduation course. It helps to gain in-depth knowledge of business management, and you will end up developing insights into your preferred specialization.
CAT is a common admission test for all students who want to get admitted to a top-notch MBA university or business school. The CAT score and admission criteria differ from university to university.
You can either pursue a full-time MBA course from Top MBA College or even take a part-time MBA course.
After completion of an MBA, there are thousands of job profiles available, such as marketing manager, sales manager, operations manager, and many more. You get good job opportunities and job security.
Some gigantic organizations which actively recruit MBA graduates are Infosys, Accenture, Tata Consultancy Services, etc.
The average package for an MBA graduate starts at 7L and can extend up to 30L per annum.
3. CA ( Chartered Accountant)
Generally, you would find that every other person aspires to become a CA. CA is one of the most in-demand and reputable jobs, which you can easily do after the completion of BCom or can even get enrolled just after the completion of your high school.
Unlike an MBA, you don’t have to give CAT or CMAT. To become a CA, you have to give exams in three stages. You have to clear all three stages, along with an internship of around 2.5 years.
The duration of the course is three years, in which you might end up bagging a job in multinational companies such as Deloitte, ICICI Bank, McKinsey & Company, KPMG company, and many more.
Besides doing a job, you can also open your own chartered account firm. The average salary of a CA qualified starts at 7L/per annum, which isn’t bad and can extend up to 40L/per annum.
4. CS ( Company Secretary )
CS is one of the most popular and in-demand courses after BCom. If you like learning about the legal aspects of an organization or a firm, then this could be the perfect course for you.
To qualify as a CS, you have to pass a three-year course that includes three stages: foundation, intermediate, and finals. You should also know about corporate law.
The job role of CS is to maintain and manage the tax returns of the company, give legal advice to the board of directors, and meet the legal and statutory regulations of the company.
The average salary of a CS starts at 6L and can go up to 10L per annum.
5. CFA (Chartered Financial Analyst)
If you’re looking for a high-profile job with a high salary and job security, then this is the best option. This is a 2.5-year course offered by the globally recognized CFA Institute.
This course continues a variety of subjects in wide domains such as statistics, economics, advanced analysis and investments, security analysis, fixed income, alternative investments, portfolio management, and many more.
You have to pass three-tier exams to qualify as a CFA. Since it’s a prominent and highly recognized role, some of the top-notch companies prefer hiring such as Morgan Stanley, JP Morgan, UBS, Goldman Sachs, BlackRock, Royal Bank of Canada, and many more.
The average salary of a CFA starts at 7L per annum.
6. BAT (Business Accounting and taxation)
If you’re still confused about what to pursue after BCom and have a tad bit of an interest in accounting, then this could be the best option for you.
BAT has been specifically designed by industrial specialists for students who want to enter the world of accounting. This course will provide you with in-depth practical and experimental knowledge about accounting and taxation.
The course is vast and imparts great knowledge and skills in accounting. The topic includes financial reporting with ERP software, MIS and excel reporting, GST, direct taxation, payroll components of ESIC, and finalization of financial statements.
Once you complete the course, you can get a bunch of amazing job profiles such as tax consultant, company law assistant, accounts executive, finance manager, corporate law analyst, and many more.
The average salary of a BAT starts at 4 L/per annum.
Conclusion
These were the most popular and in-demand courses available after BCom. Choosing a course and a career entirely depends on your finances and interests.
It’s always a good idea to self-introspect yourself and your interests before choosing any career. If you have a keen interest in business management, then MBA is the best option. Or if you want to go into legal aspects, then CS might be a good option.
Likewise, always assess yourself before taking a big step and starting your professional career after graduation.
We hope that these courses have cleared up your doubt about “which course you should choose after BCOM”!