Why MBA after B.Com, sounds like a perfect plan?

by PIBM Pune Pune Institute of Business Management

Whenever students want to pursue a career in the Commerce domain, the best and the most general choice has been a B.Com degree. But, does B.Com promise fast-paced career growth, especially in this competitive corporate world? After graduation students opt for jobs in Taxation, Accounts, Banking, etc. or they continue their preparation for CA, CWA, CS along with their graduation. It’s well-known that CA, CWA requires a whole different level of commitment. As far as employability is concerned, B.Com graduates aren’t fully eligible for good job profiles. According to the India Skills Report 2019-20, in terms of domain-wise employability percentage, B.Com (47%) came at 4th place after MBA (54%), B.E/B.Tech (49%), and BA (48%). This could be the result of a lack of industry exposure for B.Com students. The situation deteriorated even more because of the pandemic.

Since B.Com is a theory-based course, it doesn’t give students the required practical exposure. Hence, students either end up in a job with limited payscale and exposure or they stay unemployed. Here comes a peak point where students get stuck. Because of such cases, students think of doing a Master's in their own domain or MBA/PGDM courses to boost their careers.

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