It is a fantastic time to be a commerce student. India’s economy is booming. Many top global finance and business companies are hiring across the country. And you can choose from a wide variety of job profiles after graduation.
A commerce degree lays the foundation towards a high-paying, rewarding career. With a background in topics like accounting, economics, commerce and business, commerce students are capable of entering various sectors within the corporate world.
Whether you are planning to become an accountant, financial planner or business analyst, you should learn the ropes before employment.
Many specialised courses give you the training and skills to pursue your chosen field. However, you need to assess your talents, interests and aptitude before you pick one. To make things easier, you can look at the study of the list of the best courses after a BCom degree below.
Why pick a good course after BCom?
Your commerce degree is a great launch pad for several careers within the accounting, finance and business industries. However, you need to pursue higher education and get a qualification that can land you a job. Here are a few reasons why:
- Sharpen your skills and learn industry-relevant knowledge
- Gain valuable insights and a keen understanding of trends, patterns and developments within your chosen industry.
- Learn how to apply your education in the real world.
- Stay up-to-date on the latest occurrences within the industry.
List Of Best courses after a BCom degree
|
Course |
Full Form |
Career Scope |
| ACCA | Association of Chartered Certified Accountants |
|
| CPA | Certified Public Accountant |
|
| CFA | Chartered Financial Analyst |
|
| CFP | Certified Financial Planner |
|
| Accounts Associate | Accounts Associate |
|
| FM | Financial Modelling |
|
| IB | Investment Banking |
|
| DM | Digital Marketing |
|
| FA | Financial Analytics |
|
| DS | Data Science |
|
| BA | Business Analytics |
|
| CIMA | Chartered Institute of Management Accountants | |
| IFRS | International Financial Reporting Standards |
Also Read – Top 5 skills that employers will look for in the future
Best courses after BCom degree #1: ACCA certification
As one of the world’s most prestigious and largest accounting organisations, The ACCA network has over 500,000 members and students across 180 countries. The syllabus has been designed to include relevant concepts, important industry information and necessary skills. There are three levels in the curriculum — Applied Knowledge, Applied Skills and Strategic Professional. The subjects include business and technology, financial reporting, audit and assurance and taxation.
The ACCA program is a good course after B.Com as it prepares students in financial and management accounting, giving them the option to choose their career path. The ACCA stamp on your resume can also help you land an interview with several global companies, as this course is universally recognised across the corporate world.
Job opportunities:
Companies that hire ACCA professionals include:
- Ernst & Young
- Deloitte
- Tata Group
- PwC
- Accenture
- KPMG
Job profiles for ACCA professionals:
- Financial Accountant
- Management Accountant
- Financial Analyst
- Financial Controller
Salary packages:
- Average annual salaries for ACCA professionals range from Rs 4 to Rs 8 lakhs.
- Senior professionals earn Rs 15 to Rs 25 lakhs per annum.
Best courses after BCom degree #2: US CPA certification
Established by the American Institute of Certified Public Accountants (AICPA), the CPA is a good course after B.Com. This sought-after certification is acknowledged around the world with over 6,70,000 members. The syllabus offers an in-depth study of various accounting principles and standards. Students are taught relevant topics such as taxation, auditing and financial reporting. The course teaches GAAP, which is also known as Generally Accepted Accounting Principles.
Job opportunities:
Companies that hire US CPA professionals include:
- Tata Capital
- YES Bank
- ICICI Bank
- Novartis
- Oracle
Job profiles for CPA professionals:
- Financial Analyst
- Tax Counsellor
- Financial Advisor
- Internal Auditor
- Accounting Manager
Salary packages:
- The average annual salary for CPA professionals is between Rs 6 to Rs 9 lakhs.
- Senior professionals earn over Rs 25 lakhs per annum.
Also Read – 7 Resume Writing Tips That’ll Make Recruiters Hire You!
Best courses after BCom degree #3: CFA certification
The CFA is an investment banking certification that is highly reputed all over the world.
On the last count, there were 1,90,000 CFA charter holders in 164 countries. The CFA course helps students understand and incorporate the vital concepts, knowledge and skills of investment management. The syllabus covers relevant topics such as economics, portfolio management, derivatives and equity while ensuring students gain valuable insights into the finance industry. The CFA sets the benchmark in investment banking, which is why it is a good course after B.Com.
Job opportunities:
Companies who hire CFA professionals include:
- HDFC Bank
- Morningstar
- Deloitte
- CRISIL
- KPMG
- TATA Projects
- JP Morgan
Job profiles for CFA professionals:
- Corporate Financial Analyst
- Financial Advisor
- Portfolio Manager
- Research Analyst
- Investment Banker
- Credit Analyst
Salary packages:
- Annual salaries range from Rs 6 to 9 lakhs for low-level professionals.
- Established CFA holders can earn over Rs 25 lakhs a year.
Best courses after BCom degree #4: CFP certification
Created by the Certified Financial Planner Board of Standards, the CFP is one of the most prestigious qualifications for financial planning. The course offers a deep dive into financial planning, taxation, estate planning, retirement management and insurance.
CFP-certified professionals work personally with individuals or families to evaluate their finances and plan their portfolios. It is one of the best courses after a BCom degree for those commerce graduates with an aptitude for financial planning.
Job opportunities:
Companies that hire CFP professionals include:
- ICICI Lombard
- Kotak Life Insurance
- Motilal Oswal Financial Services
- SBI Cap Securities
Job profiles for CFP professionals:
- Financial Planner
- Financial Consultant
- Relationship Manager
Salary packages:
- The average annual salary earned by a CFP holder is Rs 5 to Rs 6 lakhs.
- Highly experienced professionals can earn over Rs 20 lakhs.
Best courses after BCom degree #5: Accounts Associate
Your bachelor’s or master’s degree in commerce makes you a suitable candidate to be an accounts associate. Many companies need a professional accountant who can handle bookkeeping, assist auditors, write financial reports and work on data entry.
Job opportunities:
Companies that hire Accounting Associates include:
- KPMG
- ICICI
- Deloitte
- Caterpillar
- HDFC
- Reliance
Job profiles for accounting associates:
- Financial Accountant
- Billing Analyst
- Account Officer
- General Ledger Accountant
Salary packages:
- The average annual salary is around Rs 3 lakhs.
- Senior professionals can earn over Rs 7 lakhs.
Also Read – Are you a Fresher Accountant? Follow these steps To Ace the Profession
Best courses after BCom degree #6: Financial Modelling
One of the best skills a commerce graduate can learn is financial modelling. It is the backbone of every accountant department and will give your resume an edge over your peers. Financial modelling uses spreadsheet software such as MS Excel to build models using accounting principles and business acumen. Professionals can create financial statements, balance sheets, cash flow statements and even projections for the future.
Financial modelling is used in many fields, such as accounting, finance and investment banking, which is why is it a good course to do after B.Com.
Job opportunities:
Companies that hire financial modelling professionals include:
- Citibank
- Axis Bank
- SBI
- PwC
- Morgan Stanley
Job profiles for financial modelling professionals:
- Investment Banking
- Research Analyst
- Financial Analyst
- M&A Analyst
- Corporate Finance
Salary packages:
- The average annual salary is Rs 11 lakhs.
- Salaries vary depending on which sector you work for.
Best courses after BCom degree #7: Investment Banking certification
If you are looking to work in an investment firm, then this is a good course after a B.Com. The investment banking certification is a short-term course packed with an in-depth curriculum. The subjects include MS Excel, financial markets, investment banking operations and risk management. Once you receive your qualification, you can apply to investment firms or upgrade to the CFA course.
Job opportunities:
Companies that hire investment banking professionals include:
- Saxo Group
- Tech Mahindra
- Motilal Oswal
- Deutsche Bank
- Morningstar
Job profiles for investment banking-certified professionals:
- Investment Banker
- Investment Banking Analyst
- Portfolio Manager
Salary packages:
- The average annual salary of an investment banking associate is Rs 8 lakhs.
- Senior professionals can earn over Rs 30 lakhs.
Also Read – How to get ACCA jobs in the Big 4?
Best courses after BCom degree #8: Digital Marketing certification
A lucrative career for graduates can start with studying for a digital marketing certification. This course teaches students how to create innovative and impressive marketing campaigns online for brands, products and services. The syllabus contains significant topics such as website development, marketing strategies and optimising Facebook and Google Ads.
It is a good course after B.Com as your college degree gives you an advantage as you already understand various commerce and business concepts.
Job opportunities:
Companies that hire digital marketing professionals include:
- Bank of America
- Tech Mahindra
- Tata Consultancy Services
- Amazon
- IBM
Job profiles for digital marketing professionals:
- Social Media Marketer
- Content Marketer
- Search Engine Marketer
- PPC Specialist
- Digital Marketing Manager
Salary packages:
- The average annual salary of an investment banking associate is Rs 4 to Rs 8 lakhs.
- Senior experts can earn over Rs 17 lakhs a year.
Best courses after BCom degree #9: Financial Analytics course
The financial analytics program is another good course after B.Com. This qualification enables you to learn how to work with financial data and obtain crucial skills and tools needed for the job. It is an excellent opportunity for commerce graduates interested in finance and technology. The syllabus includes crucial financial concepts, data tools and techniques and data interpretation. The future of the finance industry is in analytics and your certification ensures you get a front-row seat.
Job opportunities:
Companies that hire financial data analysts include:
- Clearwater Analytics
- KPMG
- Accenture
- Deloitte
Job profiles for financial data professionals:
- Financial data analyst
- Financial analyst data engineer
- Financial data specialist
- Financial data consultant
Salary packages:
- The average annual salary of a financial data analyst is Rs 5 lakhs.
- Established professionals can earn over Rs 10 lakhs a year.
Best courses after BCom degree #10: Data Science
One of the hottest professions right now is data science. The demand for data professionals is very high, making it a good course after your B.Com.
The curriculum uses maths, data-centric techniques, statistics and business concepts to help students master data science. The subjects include machine learning, Python, R, SQL and MS Excel. Students learn how to collect and analyse data, look for insights and patterns and create predictions.
Job opportunities:
Companies that hire data science professionals include:
- Microsoft
- Mastercard
- Pfizer
- Amazon
- Tata Consultancy Services
Job profiles for data science professionals:
- Data Scientist
- Machine Learning Specialist
- Data Engineer
- Data Architect
Salary packages:
- The average annual salary for professionals is Rs 14 lakhs.
- Senior professionals can earn over Rs 27 lakhs.
Also Read – 10 Game-Changing Ways Financial Analytics Boosts Businesses
Best courses after BCom degree #11: Business Analytics certification
The business analytics course teaches students how to solve business-related problems using a combination of technology, data-driven techniques and strategic thinking. The syllabus is focused on core industry knowledge and software training, including subjects like statistics, SQL, Python, Tableau, PowerBI and machine learning. This is a good course after B.Com, as it can supplement your MBA, CFA or any other professional qualification.
Job opportunities:
Companies that hire business analysts include:
- HDFC Bank
- Reserve Bank of India
- Airtel
- Standard Chartered
- Infosys
- Flipkart
Job profiles for business analysts:
- Business Analyst
- Business Analyst Manager
- Consultant
Salary packages:
- The average annual salary is Rs 7.5 lakhs.
- Senior analysts can earn over Rs 24 lakhs a year.
Best courses after BCom degree #12: CIMA certification
As one of the top management accountant certifications, CIMA is recognised worldwide for its exceptional quality of certified accountants. To date, there are more than 2,50,000 members across 180 countries. The syllabus prepares students to take on various accounting fields, such as financial reporting, financial analysis, corporate finance and risk management. The CIMA Institute has also tied up with the US CPA board to create CGMA, a designation that boosts your proficiency in management accounting.
Job opportunities:
Companies that hire business analysts include:
- Barclays
- Siemens
- HSBC
- IBM
- PwC
Job profiles for CIMA professionals:
- Management Accountant
- Forensic Accountant
- Business Analyst
- Project Manager
- Financial Controller
- Management Consultant
Salary packages:
- The average annual salary of a CIMA professional is Rs 7.5 lakhs.
- Senior CIMA accountants earn over Rs 40 lakhs a year.
Best courses after BCom degree #13: IFRS certification
Why is the IFRS a good course after B.Com? As most commerce students apply for jobs in accounting, the IFRS certification gives them an advantage over their peers. Most multinational, and quite a few Indian, companies use IFRS in all their accounting statements and reports. The IFRS is a globally accepted standard of accounting codes and principles that make all financial statements consistent and transparent. It leads to a uniform system of accounting that makes cross-border transactions easier.
Job opportunities:
Companies that hire IFRS-certified professionals include:
- Wipro
- Tata Motors
- Infosys
- Deutsche Bank
- Standard Chartered
- Edelweiss
Job profiles for IFRS-certified professionals:
- Financial accountant
- Financial controller
- Accounting manager
- Finance specialist
Salary packages:
- The average annual salary of an IFRS-certified professional is Rs 7 lakhs.
- Senior experts can earn over Rs 40 lakhs a year.
How Proschool offers the best courses after Bcom degree
IMS Proschool offers comprehensive coaching classes for many courses that are suitable for commerce graduates, such as ACCA, CIMA, IFRS, CFA, CFP, Digital marketing, data science and business and financial analytics. All courses are taught by industry experts who are at the top of their professions. Students study in an engaging and stimulating environment, as the professors use active learning methods and practical training techniques for better learning. So if you are looking for a good course after B.Com, Proschool has many options for you.
Why Proschool?
- Experienced faculty who provide personalised attention and mentorship.
- Coaching centres are set up in major cities across India.
- Online courses are also available.
- Students can access multiple resources, such as over 2,000 practice papers, mock exams, study prep books and online learning videos.
- Proschool’s placement program helps all certified students to find jobs within their chosen industry.
- Students also receive training in interview etiquette and resume writing.
Conclusion
Recruiters want skilled and knowledgeable candidates, even for entry-level jobs. A professional certification can help you gain the expertise you need to impress potential employers. The best courses after a B.Com degree are those that enhance your worth as a prospective employee and put you in an elite category during the recruitment process. So choose wisely.
FAQs
Can a B.Com Graduate Get a Job in an IT Company?
Absolutely! If you think B.Com grads and IT companies go together like chalk and cheese, think again. With the right set of skills and a dash of digital know-how, a B.Com graduate can charm their way into the IT world. IT companies are like big, bustling bazaars that need more than just tech wizards. They need finance gurus, marketing maestros, and analytics aficionados. So, if you’ve got a knack for numbers or a flair for finance, you could be in demand. Imagine being the one who makes sense of the numbers or crafts those catchy digital campaigns. Sounds cool, right?
Can I Do MBA After My BCom?
Why not? Doing an MBA after B.Com is like adding that spicy chutney to your already delicious dosa. It’s a classic combo that never fails. An MBA can catapult you from the world of basic commerce to the high tables of strategic decision-making and leadership. It’s your ticket to enter the corporate maharajas’ court, armed with knowledge in finance, marketing, HR, and more. So, if you’re dreaming of becoming the next big thing in the corporate world, an MBA might just be your magic carpet.
What Courses Can I Do After BCom?
Oh, the places you’ll go! After B.Com, you’re standing at a crossroads with a plethora of paths to choose from. Here are a few signposts to guide you:
- ACCA: For those who dream in debits and credits.
- CPA: If you want to play in the big leagues of accounting in the USA.
- CFA: Your gateway to the glitzy world of investment banking.
- CFP: Because planning finances is an art and science.
- Digital Marketing: For the creative souls who can sell ice to Eskimos.
- Data Science: If numbers tell you stories that others can’t hear.
- Business Analytics: For the Sherlock Holmes of business problems.
Choose your path wisely, as it could lead you to the treasure trove of your career.
What Is the Best Job for BCom Students?
The best job is like that perfect cup of chai; it depends on individual taste. However, the market is brimming with opportunities for B.Com graduates:
- Financial Analyst: Be the oracle that reads the financial future.
- Investment Banker: Live the high-finance drama minus the Bollywood song and dance.
- Accountant: Because every penny counts and you’re there to count it.
- Digital Marketing Manager: Unleash your creativity and analytical skills to capture the market.
Remember, the best job is not just about the paycheck; it’s about passion meeting purpose. So, dive deep into what excites you and makes you jump out of bed every morning!
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