Career Options That You Can Explore After Completing a Bachelor’s Degree in Commerce

Bachelor of Commerce (B. Com) is an undergraduate degree program that specifically nurtures a student’s understanding of commerce. It involves extensive study, research, and creation of dissertation projects and more. Meritorious students are opting for this degree to widen their career opportunities. It is one of the most common courses in India, which can be a major factor in overall economic growth considering the nation looking ahead to expand its business sector.

The B Com syllabus includes subjects ranging from economics to accounts, management to company law and students pursuing this program can explore a wide range of career choices. With more and more industries being set-up and the need of management skills on the rise, an increasing emphasis is being put in this field.

Career options after B. Com

Assuming that you have an interest in the accounting and finance related field, there are a wide variety of options to choose from after completion of B. Com.

•    Chartered Accountant (CA)

This is a no-brainer considering its popularity and a lucrative salary. To attain a CA certificate one needs to pass in all three of its examinations i.e., CPT, IPCC and Final CA. Completion of B. Com ensures a direct qualification of CPT. The Chartered Accountant’s role involves providing financial advice, auditing the account books and financial reporting. It is a common choice of career for most commerce students.

•    MBA in Finance

Another popular option in the commerce field is attaining a Master’s in Business and Administration. Although it is an expensive career choice, its success rate is much higher. Choosing the right institute to pursue MBA is an important factor as its credibility can influence the career opportunity of an individual. The result of your CAT examination determines the institute where you will pursue this two-year master’s degree program.

•    Certified Public Accountant (CPA)

Administered by the world’s largest accounting body, American Institute of Certified Public Accountants, the inclusion of this qualification in one’s resume can result in a huge scope of career growth. Considered as the highest standard for measuring competence in the field of Accounting and Finance, CPA is an internationally recognized certification which takes less than one year to complete.

•    Certified Management Accountant (CMA)

Another, globally acclaimed certification is the CMA. If working in top-level Multi-National Companies (MNC) globally is your long-term plan, then this certification perfectly fits the bill. There are two examinations conducted for Certified Management Accountant. It develops your skills in financial planning, controlling, decision-making and workplace ethics – thereby making you the preferred choice for most employees.

Other career choices after B. Com

•    ACCA – Association of Chartered Certified Accounts

•    M. Com – Masters in Commerce

•    BAT – Business Accounting and Taxation

Holders of this degree have a high level of employment prospect both in the corporate world and as an independent worker. You have a better understanding regarding how money influences a business and the various administration know-hows that are of critical value in future and organizations will never cease to have a demand for such professionals.