Nowadays it is not valuable to stop with a degree in Commerce. There are lots of courses after graduation in commerce that you need to take up like specialization, post-graduation to get a well-paid job. There are lots of fields or industries offering lucrative professions like finance, banking, insurance, markets, financial planning, equity research, accounting etc. Let us see few of the courses after graduation:
The regular post-graduate courses:
Masters in Commerce (M.Com): Most of the students after completing B.Com choose this course after graduation. This is a 2-year course and students choose this course in various streams like Business, Accounting, Finance, Taxation, Marketing, Economics, Management etc.
Job Opportunities: By doing this course after graduation you can join nationalized banks as a PO or Customer Relation Executive, company law assistant, Junior Accountant, insurance companies at Credit Officer. Etc.
MBA: This is another popular course after B.Com. This 2-year course can be taken up only after your graduation and clear your entrance examination and group discussions. After your B.Com you can take up Financial Management, Marketing Management, Human Resource Management, Systems Management for better job prospects.
Masters in management: You need not choose MBA to earn this. This course after graduation is another two years program for catering to particular areas of business like marketing or accounting. It is provided in various well-developed countries.
There are various career options like Company Secretary (CS), Chartered Accountancy (CA) and Work Accountancy (CWA) which offers lucrative salary packages.
Eligibility criteria: If you want to be a part of ICAI then you need to become B.Com graduation with a minimum of 55 % marks and must complete three years of the course. You must also take up communicational and management courses. CWA is ideally a three-year course if completed in one sitting.
Job Opportunities: After this course, you can take up jobs in financial institutions, public sector, and private banks, government departments, international organizations, multinational companies, investment companies etc.
- Diploma in Banking and Services: 2-year diploma course offered by IFBI
- Certified Financial Planners: Duration of 6 months to 1 year offered by various Financial Institutes in Mumbai.
- Certified Bank Manager Program: 2 years course offered by IBMR, Hyderabad
- Certificate Course in Project Finance: Offered by two institutes in India: IIBF, IFMR
- CRISIL Certified Analyst Programme (CCAP): 2-year course offered by CRISIL Research Company.
International Courses for Commerce Graduates:
If you want to work in MNCs then you need to take up international courses after graduation in Commerce like:
Certified Management Accountant (CMA): Offered by Institute of Management Accountants (IMA). It offers Financial analysis, planning, control, professional ethics etc. There are two examinations that you need to clear in this course.
Certified Public Accounting (CPA): This course has good quality standard anywhere in the world. The course and the exam are conducted by the American Institute of Certified Public Accountants (AICPA).
Association of Chartered Certified Accountants (ACCA): It is similar to CA. There are 14 papers to clear this exam.