TABLE OF CONTENTS
- The Bachelor of Commerce Degree (B. Com)
- How to Choose the Right Course after B. Com
Identify Your Strengths and Interests
Do Research on Job Opportunities
Explore Industry Trends - The Top Courses After B. Com
- Conclusion
- FAQs
The Bachelor of Commerce Degree
The B. Com Degree, or Bachelor of Commerce Degree is an undergraduate program that provides students with extensive knowledge and comprehension of the principles of commerce. Moreover, the course covers different aspects of the commerce realm, such as management, accounting, finance, marketing, and economics.
Nevertheless, despite B. Com being a strong foundation for entering the job market, it often falls short in providing specialized skills needed for competitive, high-paying jobs. For students who want to stand out and grow their career paths, pursuing a specialized postgraduate degree or skill-based course is an absolute must.
How to Choose the Right Course After B. Com
Choosing the appropriate post-B. Com course is an important decision that could impact your career. Below are some relevant factors to take into account when making a choice.
Identify Your Strengths and Interests
- What are your passions, strengths, and interests? These are all important considerations when choosing the right course.
Do Research on Job Opportunities
- Research the job market to understand the demand for professionals in the field. Furthermore, check out industries and jobs that align with your course of study to get a realistic view of the employment landscape.
Explore Industry Trends
- Always stay updated about the current trends and industry developments. The business landscape is constantly evolving and staying abreast of emerging trends can help make an informed decision regarding your career choice.
The Top Courses After B. Com
Check out the top 25 courses after getting your Bachelor of Commerce degree.
1. US Accounting Course
A US Accounting Course prepares individuals for roles as American-certified public accountants. In India in particular, Accquaint Academy offers an affordable US Accounting Course that includes:
- Business Accounting
- Introduction to QuickBooks
- Finalization of Books of Accounts
- MS Excel
- Business Communication
- Advanced QuickBooks Features
- Practical Training on Dummy Data
Career opportunities:
- Assistant Manager
- Account Executive
- Accountant
- Accounting Consultant
- Accounting Manager
2. US Taxation Course
The course prepares aspirants for a career in US Taxation. The following are the course features:
- Individual Taxation or Form 1040
- Overview of Tax Laws
- Business Communication
- Case Studies & Demo Returns for Tax software practice
- Business Tax Returns
Career options:
- Taxation Manager
- Taxation Executive
- Taxation Assistant Manager
- Accountant
- Taxation Consultant
3. Enrolled Agent Course
The EA course is a detailed program for those who want to become authorized US tax experts. EA consists of three parts, including Individuals, Businesses, and Representation, Practices & Procedures.
Career opportunities:
- Tax Preparer
- Tax Consultant
- Tax Analyst
- Tax Reviewer
- Tax Compliance Specialist
- Financial Advisor with tax specialty
4. US Accounting and Taxation Course
The course is a renowned program that provides students in India with comprehensive knowledge of US taxation and accounting, which leads to successful jobs later on. The course features include:
- Introduction to QuickBooks
- Business Accounting
- Finalization of Books of Accounts
- MS Excel
- Tax Law Overview
- Business Tax Returns
- Individual Tax
- Practical Training on Dummy Data
- Demo Returns and Case Studies for Practice
Career options:
- Accounting Executive
- Assistant Manager
- Accounting Consultant
5. Chartered Accountant
Chartered Accountant or CA is a globally recognized and prestigious professional qualification that signifies expertise in auditing, accounting, financial management, and taxation. The focus is on:
- Accounting
- Financial management
- Auditing
Job options:
- Internal Auditor
- Chartered Accountant
- Chief Financial Officer
- Tax Expert
- Forensic Accountant
- Financial Consultant
6. Master of Business Administration (MBA)
The course trains well-rounded business pros with expertise in different functional areas, such as;
- Finance
- Marketing
- Operations
- Human resource management
Career paths:
- Managerial Positions
- Business Consulting
7. CPA
Certified public accountants are renowned for their advanced skills in accounting, financial management, and taxation. The CPA designation is highly regarded and opens doors to numerous career opportunities.
There are so many things you can learn from a CPA course; the following are just some of the many:
- Auditing
- Financial Accounting
- Cost accounting
- Forensic Accounting
- Taxation
- Financial statement auditing
- Tax preparation and planning
- Ethics and governance
- Corporate taxation
Career options:
- Management Accountants
- Financial Analysts
- Tax Consultants
- Auditors
8. Company Secretary
The CS course prepares you to handle the corporate and legal aspects of a business organization. The course includes three stages:
- Foundation
- Executive
- Professional programs
After completing the examinations and practical training required, you are now eligible for the Company Secretary Job.
Job options:
- Corporate Secretary
- Legal Advisor
- Corporate Planner
- Managing Director
- Compliance Officer
- Corporate Governance Specialist
9. Chartered Financial Analyst or CFA
The course focuses on advanced financial concepts and investment analysis. Moreover, it covers the basics of:
- Business practices
- Accounting standards
- Economic policies
Job prospects:
- Portfolio Manager
- Financial Consultant
- Risk Analyst
- Wealth Manager
- Research Analyst
- Investment Strategist
10. Master of Data Science
This is an extremely lucrative field that’s gaining a lot of traction in today’s digital era. With the right skill set, you can easily land a high-paying job. The course focus includes:
- Machine learning
- Data analysis expertise
- Data visualization
Career paths:
- Business Intelligence
- Data Analysis
- Machine Learning Engineering
- Data Science Consulting
11. CMA or Cost and Management Accountancy
A professional qualification with a focus on financial management, cost accounting, and strategic planning. What you learn with the course includes:
- Understanding of the relationship between financial, cost, and managerial accounting
- Understand key concepts
- Evaluate return on capital expenditure and investment projects
Careers include:
- Financial Analyst
- Budget Analyst
- Cost Accountant
- Management Consultant
12. Master of Commerce
The focus of the course is a deeper understanding of core commerce subjects, including finance, accounting, and taxation.
The program offers specializations, such as:
- Banking and insurance
- Accounting and finance
- Actuarial Science
Career choices:
- Auditing
- Banking
- Taxation
- Accounting
- Risk Management
- Financial Analysis
13. CFP or Chartered Financial Analyst Certification
One of the most prestigious qualifications for financial planning was created by the Certified Financial Planner Board of Standards. The course offers a deep dive into:
- Taxation
- Financial planning
- Retirement management
- Insurance
- Estate planning
Job opportunities:
- Financial Consultant
- Financial Planner
- Relationship Manager
14. Certificate in Investment Banking (CIB)
The CIB is a comprehensive global certification designed to assess the expert-level understanding of investment banking skills of a candidate. The focus of the course includes:
- Financial statement analysis
- Investment banking basics
- Corporate actions and restructuring
- Asset class valuations
- Mergers and acquisitions
- IPO, fundraising, and listing
- Leverage Buyouts
Job Opportunities:
- Investment Banker
- Senior Analyst
- Junior Analyst
- Corporate Finance Advisor
- Mergers and Acquisitions Specialist
15. Financial Modelling
The backbone of every accounting department provides one an edge over the competition. Some of the learning objectives include:
- Exploring financial modeling best practices, financial statements, and optimal model design and flow.
- Discover how to create key model schedules, including revenues, costs, and more.
- Create a working, presentation-ready financial Excel model.
- Practice advanced Excel techniques.
- Solve the most common financial modeling issues.
Career prospects:
- Research Analysis
- Investment Banking
- Corporate Finance
- M&A Analysis
16. Financial Analytics Course
Another good program after B. Com enables one to learn how to work with financial data and obtain important skills and tools needed for the job. The course syllabus includes:
- Data tools and techniques
- Crucial financial concepts
- Data interpretation
Career options:
- Financial Data Analyst
- Financial Data Consultant
- Financial Analyst Data Engineer
- Financial Data Specialist
17. IFRS Certification
The International Financial Reporting Standards certification is a good course after B.Com. It’s a globally accepted standard of accounting principles and codes that lead to a uniform accounting system.
Learnings could include:
- Recognizing the underlying principles and concepts of IFRS standards.
- Identify the content and format required for a complete set of financial statements.
- Identify the disclosure and presentation requirements of the cash flow statement.
Career options:
- Financial Accountant
- Accounting Manager
- Financial Controller
- Financial Specialist
18. ACCA (Association of Chartered Certified Accountants
A globally recognized accounting certification that offers knowledge in auditing, accounting, and financial management.
Studies include topics in:
- Taxation
- Financial management
- Business management
- Law
- Management Accounting
- Auditing
Career paths:
- Auditor
- Accountant
- Financial Consultant
19. Accounts Associate
Organizations need a professional accountant who can do bookkeeping, write financial reports, assist auditors, and work on data entry. You will gain expertise to:
- Understand tax regulations and laws
- Analyze financial data and prepare accurate reports
- Master accounting technology and software
- Apply accounting principles to real-world scenarios
Job prospects:
- Billing Analyst
- Financial Accountant
- Account Officer
- General Ledger Accountant
20. Business Analytics Certification
The course teaches students to solve business-related issues using data-driven techniques, strategic thinking, and technology. The syllabus focus includes:
- Software training
- Core industry knowledge
- Machine learning
- Big Data
- Programming Skills in Python and R
- Effective communication techniques
Career paths:
- Business Analyst
- Consultant
- Business Analyst Manager
21. Digital Marketing
Makes use of the internet and online-based digital technologies to promote products and services. Skills students learn include:
- Effective Online Marketing Strategies
- SEO and SEM Techniques
- Social Media Marketing and Content Creation Skills
Job prospects:
- SEO Specialist
- Social Media Management
- Content Marketing
- Marketing Analyst
22. Human Resources Course
A great option for candidates with strong interpersonal skills. Students learn about:
- Current practices, theories, and trends within HR
- Strategic alignment among various stakeholders
- Honing communication skills
Career prospects:
- HR Director
- HR Manager
- Human Resources Specialist
- Employee Relations Manager
23. Supply Chain Management
Deals with a system of operations management, procurement, logistics, and marketing channels. During the course, you will:
- Develop analytical methods and technical skills to boost decision-making.
- Learn strategic management, risk management, logistics management, and how to manage supply lines and procure goods.
- Use professional software systems and tools.
Job prospects:
- Inventory Management
- Production Management
- Transport Management
- Procure Management
24. Bachelor of Education
An undergraduate degree that prepares students to work as school teachers. Moreover, students learn:
- Ability to work and communicate with children
- Information and communication technology savviness
- Problem-solving skills
- Teamwork ability
- Research and analytical skills
Career options:
- Teacher
- Tutor
- Corporate Trainer
- Career Counselor
- Researcher
25. Stockbroker
Another good course to take after a B. Com degree. Students get to learn:
- Mathematical skills
- Communication skills
- Negotiation skills
- Decision-making skills
Career opportunities:
- Investment Manager
- Financial Advisor
Conclusion
Choosing the right course after B. Com is pivotal to shaping your career. Consider your strengths, interests, and long-term goals. Your B. Com degree is only the beginning of your professional journey. Should you go for a course after B. Com, Accquaint Academy can help you achieve your goals at competitive rates.
FAQs
Q. Is a professional degree necessary for a good job after I take up B. Com?
Ans. Although not mandatory, additional qualifications can boost your skills and improve your job prospects which leads to higher income.
Q. Which job in commerce is the highest paid?
Ans. Chartered accountants and investment bankers often command the highest salaries.
Q. Can these sources be taken online?
Ans. Many courses now have online options, especially during the pandemic.
Q. How long do these courses take to complete?
Ans. It varies greatly. Some courses can be completed in months while some, like CFA or CA, can take several years.
Q. How can I decide which is best for me after B. Com?
Ans. Consider your career goals, interests, strengths, and the job market scenario.