After graduation, the actual dilemma of a person starts, a struggle to decide to study further or prefer a job. It is an extremely difficult and daunting task to find a solution for. There are major career choices that will fall into place once B.Com is completed, it gradually opens two options, commerce and business. However, one can never be sure about which path to walk on. Also, there is no guarantee that good marks will secure your future. It is better to have a clear idea of the career you want to choose, its scope and the security.
The very first thing to know is that there are many options that you will come across but remember to do proper research before making a final selection. Here are all the nitty-gritty things that covered up by us to help you understand the career options you have after B.Com in higher education.
Scope of B Com
Right Time to Choose – Students are usually confused about courses to pursue after B.Com. Some decide to choose to work while others choose to continue their study. However, there is a drastic change in the market and over a year and so, it goes to a whole new level. Even after such change, it keeps on changing with advancement and technologies. Hence, it is essential to know the future scope of higher studies before sitting for the final exams.
Courses that are recommended – There are different courses that are recommended by people for B.Com graduates. Courses that are most popular include investment banking, financial analyst and finance training, etc.
Career Options After B.Com
You career directly impacts your future, so make the right choice at the right time. There are ample career options you can choose after B.Com. Below listed are a few options for you.
- CA – Chartered Accountant – This is the major option that is preferred by the students after completing B.Com. This is one of the most difficult examinations that many students fail to cross. The first level of CA examination is known as the Common Proficiency Test – CPT, which is definitely not a cakewalk.
- Finance – MBA – There is no doubt that an MBA after .B.Com and MBA adds value to the career choice of students. Many people confuse accounting with finance but they are far different than one can expect. Finance is the sea whereas accounting is a smaller part of it. Candidates should appear for XAT, CAT, GMAT etc. to pursue MBA in Finance stream.
- Financial Modelling – It is the course that you can take up with MBA course as well. It is considered an art that allows one to build a reputation in the industry. This helps in depicting statements in finance while working on the investment analysis. It is a way to get an edge in the career aspect to get a flow with credit, equity research, acquisition, merger, etc.
Career After MBA
What is the next step after MBA? Most of the students are founding choosing Human Resource Management. However, there are many other roles that you might like to choose, such as Labor Relations Specialists, Administrative Services Manager, Human Resource Specialist, Training and Development Managers.
MBA students also prefer to become Master Researchers. Companies are looking for candidates with such advance degrees/courses. However, with such advancement, it is also becoming essential for companies to rely on candidates are efficient at their work.
This is the overview of career options that you can choose after B.Com/ graduation and why MBA is a good option after B.Com? These careers help in working up the inclination of a complete course that is performed by the whole accounting structure. However, the whole process can be followed up by CPA, CA and even ACCA. Even an MBA from a reputed college is a good option for a bright future.