Bachelor of Commerce or B. Comis one of the most trending courses that students opt for after completing their studies. It is an undergraduate degree in commerce and related subjects. The B. Com honors subjects are designed to provide individuals with a wide range of commerce and managerial skills. It is majorly about having an understanding in streams like accounting, finance, taxation, and management.
Here is an overview of everything you need to know about B. Com to shape your career.
What is B. Com?
Most students who optfor commerce in their high school gofor B. Com when it comes to choosing a course in college. In this course, students are taught subjects like business law, economics, accounting, information systems, management and more. There are a lot of B. Com honours subjects that one can choose from to excel in the specialization they are interested in. B. Com honours subjects like economics, management science, computer application, foreign trade management, taxation isalso included in the course.
Career Scopeafter B.Com.
Here are a few careers that a B. Com graduate can excel after completion of their degree.
- Chartered Accountant
Most studentstake up commerce to turn into a CA or CS. There is no doubt that it is one of the best career choices for any individual after B.com. The demand for CAs in the market is vast, and it opens more chances, particularly in business.
Chartered Accountants can make a profession in Banking (Private and Government), Public Limited Companies, Auditing Firms, Finance Companies, Legal Firms, Mutual Funds, broking Firms, Patent Firms, Investment Houses, Copyright Registers and so on.
- MBA In Finance
There is always one person in your family to give a piece of advice to do MBA in finance after B. Com. Though individuals inclined towards accounting should go for CA or CPA. But, if you feel finance is your cup of tea, go for MBA (finance).
To be eligible for this you must start with CAT. The CAT score determines your eligibility to the top MBA institutes. Reputed universities like UPES provides both B.com as well as an MBA degree. However, the eligibility criteria can be different from one institution to another depending upon their change of guidelines from time to time. It is true that after the completion of MBA success in this competitive world will follow you to your doorsteps.
- Company Secretary
- Com students have a high exposure to a wide range of subjects, for example, law, bookkeeping, organization, secretarial practice and numerous others. This qualifies them for a huge scope for becoming a company’s secretary from the starting days of their career.
The job profile of a company secretary furnishes both enticing profession prospects combined with endless challenging circumstances. With everything considered this position has a huge demand in the market, and this won’t back off anytime soon.
The CMA is offered by the Institute of Management Accountants (IMA) the USA, and the content is routinely inspected by the Institute of Certified Management Accountants (ICMA).
The required abilities for CMA are financial planning, analysis, control, decision support, and professional ethics. A CMA aspirant is required to clear two assessments. CMA exhibits your expert mastery financial planning, analysis, control, decision support, and professional ethics – settling on you the best choice for potential bosses.
Contracted Financial Analyst (CFA) is the most astounding standard of professional excellence in investment backing. It is also an internationally perceived qualification offered by CFA Institute.
After B. Com, CFA is an excellent path for someone who wants to become a financial analyst. The program is a highly regarded designation and carries a lot of glory in the industry. Holding a CFA sanction will likewise help make your fantasy of moving to another country simpler and smoother. With encouraging positions and meetings after doing CFA, you’ll have nothing to stress over.
We hope this article was a helpful guide to the most common courses after commerce- B.Com.