Jagpreet
01 May, 2024
Table of Contents
Are you a B.Com graduate who wants to know what are the best courses after B.com? Well, we are here to introduce you all to B.Com and its successful career. Check out the latest 12 top courses you can do to elevate your professional life. You can earn from INR 5 Lakh per annum to 20 Lakh per annum.
BCom is a popular undergraduate programme mostly opted by students who want to make a career in commerce or accounting. The course revolves around the fundamental and comprehensive knowledge of subjects like commerce, financing, economics, accountancy, business law and taxation.
Even though earning a BCom degree is an important first step for securing a high-paying job, it is not sufficient. In order to become industry-ready, you must go for a specialised postgraduate degree or a skill-based course to strengthen your knowledge and enhance your skill set.
The big question that appears here is what course should you do after the BCom? Should you pick a course that is relevant to your field or should you go for a generalised degree such as an MBA? The course that you must opt for depends upon a number of factors including your interests and career goals. However, we have curated a list of some of the top courses that you can pursue after BCom to make it easier for you to make the right choice.
Career Options: The right course opens doors to various career paths, allowing you to choose your desired field.
Skill Development: A wise course choice builds specialised skills that boost your employability and competitiveness.
Industry Alignment: Picking the right course keeps you in tune with current industry trends and demands.
Networking: The right course connects you with professionals, providing valuable networking opportunities.
Job Satisfaction: Choosing a course that aligns with your interests leads to greater job satisfaction and motivation.
| Sl# | Course | Top Hiring Companies | Average Salary |
| 1 | Master of Commerce (MCom) | Infosys, TCS, Wipro | INR 3.26 LPA |
| 2 | Chartered Accountancy (CA) | Deloitte, KPMG, EY, PwC | INR 6.4 LPA |
| 3 | Master of Business Administration (MBA) | Tata, Reliance, Amazon | INR 7.0 LPA |
| 4 | Company Secretary (CS) | Hindustan Unilever, Tata, ICICI Bank | INR 6.0 LPA |
| 5 | Chartered Financial Analyst (CFA) | Goldman Sachs, Morgan Stanley | INR 8.0 LPA |
| 6 | Association of Chartered Certified Accountants (ACCA) | EY, Deloitte, PwC, KPMG | INR 7.0 LPA |
| 7 | Certificate in Investment Banking (CIB) | Goldman Sachs, J.P. Morgan | INR 15.5 LPA |
| 8 | Data Science Certification | Google, Amazon, Microsoft | INR 15.5 LPA |
| 9 | Certified Management Accountant (CMA) | IBM, Dell, Accenture | INR 6.5 LPA |
| 10 | Financial Modelling (FM) | Clearwater Analytics, Accenture | INR 5.0 LPA |
| 11 | Digital Marketing (DM) | Google, Amazon, IBM | INR 4.5 LPA |
| 12 | Investment Banking (IB) | Saxo Group, Motilal Oswal | INR 16.5 LPA |
The most obvious course choice after finishing BCom is MCom. This postgraduate degree programme provides more insightful information of the concepts that you learnt during BCom. Furthermore, you can opt for a specialisation to gain expertise in a certain area of the field.
MCom is a two-year programme that provides hands-on learning experience to students. During the course, students get many opportunities to bring the knowledge they gained in the classroom to use.
Average Salary of MCom Graduates: INR 3.26 LPA
Top Hiring Companies: Infosys, TCS, Wipro
Job Opportunities after MCom:
Accountant
Cashier
Business Consultant
Financial Analyst
Senior Account Executive
Corporate Analyst
Eligibility for M.Com:
You need a bachelor’s degree in Commerce (like BCom or BCom (Hons)) from a recognised university, with at least 65-70% marks.
You should have studied Mathematics at school and might need to pass an MCom entrance test. A minimum 50% score in Class 12 is also necessary.
Chartered Accountancy is a professional degree programme which is counted among the most meticulous courses in India. After completing BCom, a CA can be the best career option for you as the course helps you consolidate your stronghold over the areas of accounting, auditing and taxation.
To complete the course, a student has to qualify 3 stages of the CA examination, that is, CA Foundation, CA Intermediate, and CA Final. One gets 5 attempts to qualify these stages. Once you qualify the examination, you can enjoy a rewarding career as Chartered Accountants are in high demand in India as well as abroad. Therefore, the course helps students to grab lucrative packages at top accountancy firms in the country.
Average Salary after CA: INR 6.4 LPA
Top Hiring Companies: Deloitte, KPMG, EY, PwC
Job Opportunities after CA:
Chartered Accountant
Internal Auditor
Taxation Expert
Chief Accountant
Chief Financial Officer
Advisor to the Government
Eligibility for CA:
You must have completed 10+2 or equivalent.
You must pass the CA Foundation to start the CA journey.
You need to clear three stages: CA Foundation, CA Intermediate, and CA Final.
You must complete a mandatory 3-year article training with a registered CA firm.
An MBA is the most sought-after degree in India, best suited to BCom graduates. During the BCom, you must have gained extensive knowledge of various core areas of business such as Finance, Commerce, Accounting, etc. MBA is one of the good course after b.com which can lead you towards successful career.
This knowledge combined with the insights of the real-time business world that you will gain during the MBA can do wonders for your career.
During the MBA, you will get opportunities to enhance your skill set by means of projects and case studies. After the MBA, you can land a lucrative opportunity in any industry of your choice. Most companies require an MBA for its top management positions.
Average Salary after MBA: INR 7+ LPA
Top Hiring Companies: Tata, Reliance, Amazon, Flipkart
Job Opportunities after MBA:
Financial Manager
Marketing Manager
HR Manager
Sales Manager
Business Analyst
Investment Banker
Operations Manager
Project Manager
Chief Technology Officer
Business Consultant
Eligibility for MBA:
You must have a recognised undergraduate degree in any field.
You should have at least 50% minimum in your bachelor’s.
You may be required to pass tests like CAT, GMAT, or XAT.
Professional experience is preferred for some programmes, typically 2-5 years.
For international programmes, exams like TOEFL or IELTS may be needed.
Related: MBA After BCom? Job Roles with Salaries
The Company Secretary course is another marvellous career option that you can pursue after BCom. The course is especially attractive for those candidates who are looking to work in the stock market or asset management. In order to qualify, you will need to crack the CS examination which is very difficult.
However, given the high-income job opportunities that come along, it is completely worth it. As a Company Secretary, you will be an integral part of an organisation and will be responsible for handling all the legal facets of the company.
Average Salary after CS: INR 6.0 LPA
Top Hiring Companies: Hindustan Unilever, Tata, ICICI Bank
Job Opportunities after CS
Company Secretary
Corporate Planner
Principal Secretary
Chief Administrative Officer
Corporate Policy Maker
Legal Advisor
Assistant to the Board of Directors
Managing Director
Eligibility for CS:
You must pass 10+2 or its equivalent to start the CS Foundation course.
You must complete three stages: CS Foundation, CS Executive, and CS Professional.
After passing the CS Professional exam, you must complete a practical training programme.
If the financial and investment systems peak your interest, then the Certified Financial Analyst course is what you must go for. Just like the CA and CS, in order to qualify CFA, you will need to qualify the CFA exam. The Course covers the basics of business practices, accounting standards and economic policies.
This globally recognised course will help you gain extensive knowledge and skills related to the arena of investment analysis. It will introduce you to advanced concepts of statistics, security analysis, derivatives, probability theory, financial analysis, fixed income, portfolio management, economics, etc.
Average Salary after CF: INR 8 LPA
Top Hiring Companies: Goldman Sachs, Morgan Stanley, J.P. Morgan
Job Opportunities after CFA
Asset Manager
Risk Consultant
Junior Financial Analyst
Equity Research Analysis
Associate Analyst
Junior Portfolio Manager
Eligibility for CFA:
You need a bachelor’s degree or equivalent to enroll in the programme.
Typically, four years of professional work experience or a combination of education and work experience is required to obtain the CFA charter.
You must pass three levels of exams: Level I, Level II, and Level III.
The ACCA is a prestigious organisation that offers professional accountancy programmes to those candidates who want to enter the rewarding field of Chartered Accountancy. It generally takes 3 years for finishing the programme wherein you will be required to pass multiple-level examinations.
During the course, you will hone essential accounting skills such as financial accounting, taxation, management accounting, performance accounting, financial reporting, etc. All of these skills will come in handy when you pursue a career in the accounts sector.
Average Salary after ACCA: INR 7.0 LPA
Top Hiring Companies: EY, Deloitte, PwC, KPMG
Job Opportunities after ACCA:
Tax Manager
Financial Accountant
Forensic Accountant
Auditor
Financial Manager
Management Accountant
Financial Controller
Corporate Treasurer
Chief Financial Officer (CFO)
Eligibility for ACCA:
You need a 10+2 qualification with five subjects, including Mathematics and English.
You should have at least 65% in Mathematics or Accounting, and at least 50% in other subjects.
You must be at least 18 years old to enroll in the ACCA programme.
Investment Banking is considered to be one of the highest-paying jobs in the world. Therefore, going for a world-recognised certification course in Investment Banking after BCom can do wonders for your career.
During the course, you will learn various concepts of the investment world such as Financial Statement Analysis, Corporate Actions and Restructuring, Asset Class Valuations, Listing and FundRaising, Transactions Analysis, Mergers and Acquisitions, Leverage Buyouts (LBO) and IPO.
Average Salary after CIB: INR 15.5 LPA
Top Hiring Companies: Goldman Sachs, Morgan Stanley, J.P. Morgan
Job Opportunities after CIB:
Investment Banker
Junior Analyst
Senior Analyst
Eligibility for CIB:
Bachelor’s Degree: You need an undergraduate degree in finance, commerce, or a related field.
Minimum Marks: You typically need at least 50% in your bachelor’s degree.
Work Experience: You might need relevant work experience, though it’s not always required.
Data Science is quickly emerging as one of the most promising career fields in the world today. As a BCom graduate, the course can help you develop core competencies to excel in the fields of business analysis and data analysis.
This highly lucrative field is gaining a lot of traction in the digital era and you can easily fetch a high-paying job with the right skill set. As organisations are in continuous need to assess data, the demand of this field will only continue to surge.
Average Salary after Data Science Certification: INR 15.5 LPA
Top Hiring Companies: Google, Amazon, Microsoft, Facebook
Job Opportunities after Data Science Certification:
Data Engineer
Data Analyst
Machine Learning Engineer
Investigations & Data Journalism
Data Warehouse Architect
Eligibility for Data Science Certification:
Bachelor’s Degree: You must have a degree in a relevant field, like Computer Science, Mathematics, or Statistics.
Programming Knowledge: You need basic skills in programming languages such as Python or R.
Analytical Skills: You should have a strong grasp of data analysis and statistical concepts.
The Certified Management Accountant course is offered by the Institute of Management Accountants. The programme equips students with the requisite knowledge and skills essential for entering the multifaceted fields of financial accounting and strategic management.
In order to complete the course, students have to take a two-part exam which consists of decisions relating to budgeting, planning, forecasting, analytics, external financial reporting, risk management, corporate finance, cost management, performance management, internal controls, financial statement analysis, decision analysis, investment decisions, and professional ethics.
Average Salary after CMA: INR 6.5 LPA
Top Hiring Companies: IBM, Dell, Accenture, Genpact
Job Opportunities after CMA:
Chief Financial Officer
Management Accountant
Cost Accountant
Financial Analyst
Financial Risk Manager
Financial Controller
Eligibility for CMA:
Bachelor’s Degree: You must have a degree from a recognised university OR IMA-approved professional certification.
Work Experience: At least 2 years in management accounting or financial management.
CMA Exam: You need to pass the two-part CMA exam.
The Financial Analytics course is an excellent option after BCom if you are interested in finance and technology. It teaches you how to work with financial data and acquire essential skills and tools for a career in financial analytics. The programme includes key financial concepts, data tools, techniques, and data interpretation, making it ideal for those who want to explore the future of finance.
Average Salary: INR 5 LPA
Top Hiring Companies: Clearwater Analytics, KPMG, Accenture, Deloitte.
Job Opportunities after Financial Analytics:
Financial Data Analyst
Financial Analyst Data Engineer
Financial Data Specialist
Financial Data Consultant
Eligibility for Financial Analytics:
You need a bachelor’s degree, typically in commerce, finance, or a related field.
You need to have basic skills in languages like Python or R are helpful.
A strong understanding of data analysis and financial concepts is required.
If you are looking to go for one of the good courses after BCom then Digital Marketing can be one of the best courses for you. It teaches you how to focus on developing innovative online marketing campaigns for brands, products, and services. You will be covering different topics such as website development, marketing strategies, and optimising.
Average Salary: INR 4.5
Top Hiring Companies: Bank of America, Tech Mahindra, Tata Consultancy Services, Google, Amazon, IBM.
Job Opportunities in Digital Marketing:
Social Media Marketer
Content Marketer
Search Engine Marketer
PPC Specialist
Digital Marketing Manager
Eligibility for Digital Marketing Certification:
You should have a degree in commerce or any related field.
You should have good knowledge on latest digital trends.
Investment Banking certification is an excellent choice for BCom graduates aiming to work in investment firms. This short-term course offers a comprehensive curriculum covering subjects like MS Excel, financial markets, investment banking operations, and risk management. With this certification, you can either start a career in investment banking or use it as a stepping stone toward advanced courses like CFA.
Average Salary: INR 16.5 LPA
Top Hiring Companies: Saxo Group, Tech Mahindra, Motilal Oswal, Deutsche Bank, Morningstar.
Job Opportunities in Investment Banking:
Investment Banker
Investment Banking Analyst
Portfolio Manager
Eligibility for Investment Banking Certification:
You need a BCom or similar degree in finance or business.
You should have strong analytical and quantitative skills are essential.
Identify Interests: Choose based on what you enjoy.
Research Careers: Look into job prospects.
Consider Further Studies: Ensure it aligns with advanced degrees.
Stay Updated: Choose a course reflecting current industry trends.
Seek Guidance: Get advice from professionals or mentors.
Review Course Content: Check syllabus relevance.
Location and Flexibility: Consider practical aspects.
Budget and Scholarships: Ensure affordability and financial support options.
After completing your B.Com degree you can go for many different job roles, you can work as a financial analyst, budget analyst, investment banker etc. The average salary package of these jobs starts from Rs. 4 LPA – 6 LPA.
Yes, you can work in IT company, you can work as a data analyst, business analyst and as a project manager as well. There are many job roles and opportunities available in the job market for you. You can also do a certification course to get the top IT industry.
One of the highest-paid jobs in commerce is Investment Banker and Chartered Accountant. The average salary starts from INR 17 Lakhs to 20 Lakhs.
It is not mandatory to go for a professional degree after BCom however a certification and a master’s degree or any professional course can add value to your skills and CV. This can help you to get selected in one of the top companies around the globe.
