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BCom or Bachelor of Commerce is among the most popular courses that students take after class 12. Due to the increasing competition, students take up a postgraduate degree or professional certificate course after BCom course to have a well-established career and better job opportunities in terms of average salary offered.
Check: BCom Course
After BCom Course, there are a lot of courses available. The popular ones are MBA and MCom, pursued by the majority of students. Some also pursue professional certification courses such as CS, ACCA, CFA and CA.
The job opportunities after BCom course are immense. Bank PO, Accountant, Tax Consultant, Account Executive are some of the job profiles after BCom course for which the graduates get an average salary of INR 3-5 LPA. With courses like MBA, MCom, and other postgraduate courses, one can expect even higher salaries around INR 20 lakhs per annum.
Courses to Pursue After BCom Course
Below is a list of some popular courses a student can pursue After BCom Course –
Master of Business Administration (MBA)
- MBA is the most popular postgraduate course available for the students & one of the best courses After BCom Course, not just graduating from commerce but any other field. Check: MBA Course
- In this course, you will learn to manage all the aspects of a business based on the specialization you choose.
- For MBA, you need to clear the CAT entrance exam or other entrance exams like XAT, SNAP, ATMA, MAH-CET, depending upon the college you want to apply for.
Top Colleges offering MBA Course
Below given are top ranked MBA Colleges along with ranks and average fees.
| NIRF Rank | College Name | Average Fee | Average Placement Package |
|---|---|---|---|
| 1 | IIM Ahmedabad | INR 23,00,000 | INR 25 LPA |
| 2 | IIM Bangalore | INR 23,15,000 | INR 24 LPA |
| 3 | IIM Calcutta | INR 27,00,000 | INR 27 LPA |
| 4 | IIM Lucknow | INR 10,05,000 | INR 23 LPA |
| 5 | VGSOM- IIT Kharagpur | INR 3,14,000 | INR 18 LPA |
Master of Commerce (M.Com)
- MCom or Master of Commerce is a postgraduate degree in commerce.
- The duration of this course is 2 years and can be attained through any government recognized university or college in India.
- A graduation degree in commerce (BCom or BCom Hons.) is required for admissions in MCom with 50% marks in graduation.
- This course helps students master the concepts they learned as a BCom student and apply it in the professional world.
Top Colleges offering MCom Course
Below given are top ranked MCom Colleges along with ranks and average fees.
| NIRF Rank | College Name | Average Annual Fees | Average Placement Package |
|---|---|---|---|
| 2 | Hindu College | INR 30,000 | INR 5 LPA |
| 3 | Presidency College | INR 1700 | INR 3.5 LPA |
| 6 | Loyola College | INR 20,000 | INR 5 LPA |
| 7 | Shri Ram College of Commerce (SRCC), | INR 60,000 | INR 9.48 LPA |
| 9 | Hansraj College | INR 35,000 | INR 5.5 LPA |
Company Secretary (CS)
- If you are wondering what to do After BCom Course, Company Secretary (CS) is one of the many pivotal job roles in a firm/organization.
- A CS is responsible for managing all the legal aspects of an organization.
- CS can be pursued after graduation in any discipline. For professional programs, you need to pass the executive level exams.
- To become a Company Secretary, one must study corporate law. The duration of the course is 3 years which comprises three stages; they are Foundation, Intermediate, and Finals.
Top Colleges offering CS Course
| College Name | Average Annual Fees | Average Placement Offer |
|---|---|---|
| Institute of Company Secretaries in India | INR 5,800 – INR 4,00,000 | INR 4 LPA |
| Indian School of Business | INR 1,50,000 | INR 5 LPA |
| Academy of Commerce | INR 5,000 | INR 4.5 LPA |
| Siddharth Academy | INR 3,800- INR 7,500 | INR 3 LPA |
Chartered Financial Analyst (CFA)
- Chartered Financial Analyst course is a globally recognized professional designation offered by the CFA Institute.
- The duration of CFA course is 2.5 years and it is designed to measure and certify the competence and integrity of financial analysts.
- A candidate with a bachelors’ degree in any stream can apply for a CFA course, however a work experience of 4 years or internship is required for admissions.
- The CFA course includes a wide range of topics in the domain of advanced investment analysis, such as statistics, economics, probability theory, security analysis, financial analysis, fixed income, derivatives and portfolio management, among other things which made this one of the best courses available After BCom Course.
Top Colleges offering CFA Course
| Name of the Institute | Average Fees | Average Placement Offer |
|---|---|---|
| Central India Institute of Management Studies (CIIMS) | INR 32,500 | INR 6 LPA |
| International College of Financial Planning (ICOFP) | INR 40,000 | INR 4 LPA |
| Narayana Business School | INR 1,25,000 | INR 3 LPA |
| International College of Financial Planning (ICOFP) | INR 40,000 | INR 2.50 LPA |
Association of Chartered Certified Accountants (ACCA)
- ACCA stands for the Association of Certified Chartered Accountants, which is a globally recognised body that provides students with ‘Certified Chartered Accountant’ certification. Check: ACCA Course
- Students pursuing graduation in Commerce or business related streams like BCom, BBA, BMS are eligible for the ACCA course and they can pursue it along with their graduation.
- There are 14 exams that you need to clear in this course and the duration of this course is 2 years.
- Multinational companies have a high demand for the graduates of this course and it pays a salary ranging from 5 to 16 Lakhs per annum.
Top Colleges offering ACCA Course
| College Name | Average Annual Fees | Average Placement Offer |
|---|---|---|
| Christ University | INR 2,20,000 | INR 6.85 LPA |
| Symbiosis College of Arts & Commerce | INR 28,000 | INR 4 LPA |
| Apeejay Stya University | INR 2,60,000 | INR 4.68 LPA |
| Sharda University | INR 1,64,000 | INR 11LPA |
| Global Centre for Entrepreneurship & Commerce | INR 65,000 | INR 7 LPA |
Bachelor of Education (B.Ed)
- B.Ed is a very simple but beneficial course you can pursue after BCom Course. The knowledge that you have acquired in your BCom degree can be used in your profession as a lecturer.
- For admissions in B.Ed. course, students need to have 50-55% marks in graduation from a recognized university and qualify BEd entrance exams like IPU CET, BHU UET, DU B.Ed., and others.
- It is a 2 years long postgraduate teaching program that is explicitly designed to allow students to build a career in academics which made B.Ed one of the best courses after BCom Course.
Top Colleges offering BEd Course
| Name of the College | Average Fees | Average Placement Offer |
|---|---|---|
| Banaras Hindu University | INR 5,670 | INR 3 Lakhs |
| University of Calcutta | INR 50,000 | INR 4 Lakhs |
| St. Xavier’s College | INR 59,000 | INR 3.5 Lakhs |
| Jamia Millia Islamia University, New Delhi | INR 15,000 | INR 2 Lakhs |
Chartered Accountant (CA)
- The first course that generally comes to the mind of a student of commerce background as a career option is CA. Check: CA Course
- Unlike an MBA, students can enroll for CA right after completing their high school. CA comprises three stages; they are CPT, IPCC, and CA Finals.
- The candidates after 10+2 are eligible to join the CA Foundation Course. They need to qualify the Common Proficiency Test (CPT) in order to join the CA course.
- Clearing all three stages along with an internship of 2.5 years makes you a certified chartered accountant.
- This course can also land you jobs in multinational companies such as EY or Deloitte. An individual can also open their own CA firm and can practice your degree thus it is one of the best courses after you complete the BCom degree programme.
Also Check: MBA vs CA
Top Colleges offering Chartered Accountant (CA) Course
| College Name | Average Annual Fees | Average Placement Salary |
|---|---|---|
| ETEN CA Chandigarh | INR 80,000 | INR 5 LPA |
| ICAI Delhi | INR 74,500 | INR 6.44 LPA |
| Aaaradhya Financial School | INR 63,400 | INR 3.50 LPA |
| Indian School of Management, Mumbai | INR 1,13,800 | INR 6.20 LPA |
Business Accounting and Taxation (BAT)
- Business Accounting and Taxation course is meticulously designed by the industry experts to groom students to become industry-ready for the various accounting job roles.
- It is an excellent career option for the BCom graduates. Students can pursue BAT course right after graduating from BCom, and it only takes 8-12 weeks to complete this course.
- In this program, you will not only engage in practical and experiential learning but also master some of the most in-demand tools of the accounting and taxation industry.
Top Colleges offering Business Accounting and Taxation (BAT) Course
| College Name | Average Annual Fees | Average Placement Salary |
|---|---|---|
| Chandigarh University | INR 1,05,000 | INR 5 LPA |
| St. Joseph College of Education | INR 50,500 | INR 5.44 LPA |
| University of Madras | INR 83,400 | INR 5.50 LPA |
Certified Management Accountant (CMA)
- CMA is the answer if you are thinking about a career After BCom Course abroad.
- In this course, a student will have to clear two stages of examination along with a work experience of 2 years.
- The Certified Management Accountant (CMA) is another globally acknowledged professional certification credential that is offered by the Institute of Management Accountants in the USA.
- After CMA, you can work at Deloitte, Genpact, Cognizant, KPMG International and can earn around 8-14 LPA.
Top Colleges offering Certified Management Accountant (CMA) Course
| College Name | Average Annual Fees | Average Placement Salary |
|---|---|---|
| Alliance University | INR 45,000 | INR 8 LPA |
| Brihan Maharashtra College of Commerce (BMCC) | INR 60,500 | INR 4 LPA |
| Dayananda Sagar University | INR 90,400 | INR 6.50 LPA |
After BCom Course: Comparison Between MBA & MCom
Below given is a course comparison between the two most popular course option selected by the students after Bcom course, i.e. MBA courses and MCom Courses.
A comparison between these two courses is given below in a tabulated form for better understanding along with their respective fee, expected salaries and job options:
| Parameters | MCom | MBA |
|---|---|---|
| Qualification | Masters in Commerce | Master of Business Administration |
| Course Overview | MCom or Master of Commerce is a professional degree that enables you to grow in the corporate and finance sectors of the industry. | MBA is a postgraduate academic degree which is awarded for a course in Business Administration. It is one of the most sought-after courses which can be attained by the students of any stream. |
| Eligibility | 45-50% in graduation from a commerce stream | 50% in Bachelor's Degree |
| Admission Process | Merit-based/ Entrance-based | Entrance based |
| Average annual fees | INR 60,000-1,20,000 | INR 3,00,000 to 10,00,000 |
| Job options | Accountant, Tax Consultant, Bank PO, Accountant, Event Manager, Lecturer, Chartered Accountant, and Human Resource Development and many others. | HR Manager, Marketing Manager, Business Development Manager, Operations Manager, Business Analyst (IT), Senior Business Analyst, Financial Analyst, SAP Consultant, Marketing Executive among others. |
| Top Recruiting Companies | Accenture, E&Y, Genpact, Tech Mahindra Ltd., HDFC Bank, WNS Global services and others | Accenture, InfoSys Limited, EY (Ernst & Young), HDFC Bank Pvt Ltd, Technologies Ltd., Genpact, Techmahindra Ltd etc. |
| Average annual salary | INR 4-6 LPA | INR 6.56 Lakhs per annum |
Checkout: Jobs after MBA Course
Jobs After BCom Course And Salary
The demand for BCom graduates is quite high in the entire job sector. Graduating with a degree of BCom makes the students eligible for working in innumerable fields like marketing, banking, public accounting, policy planning, consultancy, investment and many others.
Checkout: Jobs After BCom
Some of the most popular job roles offered to the graduates with a degree of Bachelor of Commerce are given below.
| Job Profiles | Description | Average Annual Salary |
|---|---|---|
| Bank PO | A bank probationary officer is responsible for the supervision of clerical work, making decisions, managing cash balances and so on. A Bank PO also verifies all the work that is done in a bank. | INR 5,20,000 |
| Accountant | He or She is a professional who prepares asset, liability, and capital account entries by compiling and analyzing account information. | INR 4,00,000 |
| Event Manager | The event manager is responsible for planning the event from scratch; he has to plan, decide budget, decide location, etc., for the event. | INR 5,40,000 |
| Tax Consultant | A tax consultant is an expert on matters related to tax; he prepares, gives advice and assists individuals or companies with tax filing and returns and they suggest steps which would help the company to save more money and also follow the government rules and regulations. | INR 4,65,000 |
| Account Executive | Account Executive actively and consistently supports all efforts to simplify and enhance the customer experience, they conduct sales needs analysis with new and prospective customers, including the development of client-centric products. | INR 3,00,000 |
| Commodity Trader | The commodity trader makes bids to buy and sell commodities on behalf of the clients; they purchase and sell products and securities futures on the exchange markets. | INR 7,20,000 |
| Travel & Tourism | The duties and responsibilities of travel and tourism jobs professionals are varied. However, the intention and the outcome of all the jobs are the same, that is to make the stay for tourists enjoyable. | INR 6,50,000 |
| Actuary | Actuary collect and compile statistical data for additional analysis Estimate probability and likely cost of events such as an accident, death, natural disaster or sickness | INR 4,80,000 |
| Bookkeeper | A Bookkeeper is responsible for recording and maintaining a business' financial transactions, which includes purchases, expenses, sales revenue, invoices, and payments. | INR 2,80,000 |
After BCom Course: FAQs
Ques. Which MBA is best After BCom Course?
Ans. There are many specializations which you can choose as per your interest or choice. In my opinion, an MBA in Finance Management course will be the best option After BCom Course. Finance Management skills generally involve overseeing the preparation of financial reports, direct investment activities, and implementing cash management strategies.
Ques. Which one is good, an MBA or an MCOM after a BCom course?
Ans. Both are good courses but their operations are somewhat different. MBA graduates are required to work in the corporate and other companies while M.Com is to work in Colleges as lecturers and Professors. So it is up to you in which field you want to go. If you want to go for a teaching line, opt M. Com. else go for MBA.
Ques. Is it worth doing an M.Com after the BCom course?
Ans. M.Com is the advanced version of the BCom course. It is the immediate choice for BCom graduates. Those planning to go for a doctoral degree in commerce should opt after bcom course. However, there are other professional courses such as Financial Risk Management which can help one to get higher salary packages and fancy job opportunities.
Ques. What types of job opportunities are available for BCom graduates?
Ans. Students have plenty of BCom jobs in government as well as private sectors to choose from provided that they are not limited to careers in accounts and finance. Popular job profiles After BCom Course include - Accountant, Account Executive, Tax Consultant, Bookkeeper, etc.
Ques. Can I go for an MBA in sports management after my BCom?
Ans. Yes, definitely you can go for an MBA in sports management After BCom Course. It will give you the broad platform to shift careers. If you are passionate about working in a sports related industry you should go opt for this course.
Ques. What is the scope of mass communication after BCom course ?
Ans. If you are not interested in M. Com or MBA programmes in your post graduation and you are interested in journalism and mass communication then you can go for M.A. (Journalism & Mass Communication). There is a lot of scope in mass communication after completing your graduation in BCom. For a straight way, you can easily become a business journalist or an advertising master and can earn hundreds of thousands.
Ques. Can I pursue LLB After BCom Course?
Ans. Yes, you can pursue a career in law after b. Com. The general requirement for pursuing LLB in most of the top universities is to pass with 50% in graduation degree and you might have to clear some entrance tests with it.
Ques. Am I eligible for a government job after BCom course from distance learning?
Ans. Yes, BCom distance education is recognized by the UGC and hence students who graduate from distance education mode are eligible for government jobs as well.
Ques. How do I become a lawyer after BCom course as my undergrad?
Ans. You can simply apply to any law college and enroll for an LLB program (3 years). Note that LLB is NOT a master’s degree. It is a bachelor in law degree.
Ques. Which course is better after BCom course, LLB or MCom?
Ans. It depends on your if you want to be taxation lawyer then you would do LLB or if you to want to do a job in corporate finance or do in bank job you can opt for M.com it’s your choice
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