A Bachelor of Commerce (B.com) degree is a versatile qualification that equips students with a wide range of skills and knowledge in various fields, including finance, accounting, taxation, and business management. However, given the competitive job market, it is now obvious for recent B.com graduates to pursue higher education or specialized courses to enhance their career prospects.
This blog post will discuss the top courses across different categories that B.com graduates can consider for a rewarding career, including the average salary one can expect after completing each course.
Why is it important to choose the right course after B.com?
Selecting the right course after B.com is essential for shaping your career trajectory and ensuring long-term success. The right course should align with your career goals, interests, and aptitude while providing you with the skills and knowledge required to excel in your chosen field.
Top courses in finance and accounting after B.com
Chartered Accountant (CA)
- Duration: 3-5 years
- Cost: ₹1,00,000 – ₹2,50,000 (approx.)
- Average Salary: ₹6,00,000 – ₹15,00,000 per annum (approx.)
- Expected Outcomes: A CA qualification opens up opportunities in auditing, taxation, financial management, and consultancy services. CAs are in high demand across various sectors, including public accounting firms, corporations, and government agencies.
- Best Institutes to take CA coaching: Aldine CA Classes, Unacademy, Aaditya Jain etc.
You might like: Top 10 Courses to do After CA to Boost Your Career [2024 Update]
Certified Public Accountant (CPA)
- Duration: 1-2 years
- Cost: ₹2,00,000 – ₹4,00,000 (approx.)
- Average Salary: ₹6,00,000 – ₹12,00,000 per annum (approx.)
- Expected Outcomes: A CPA certification is globally recognized and allows professionals to work in accounting, auditing, and taxation roles in multinational companies. CPAs can also start their own practice or work as independent consultants.
- Best Institutes to take CPA coaching: Simandhar Education, Miles Education and VG Learning Destination
Chartered Financial Analyst (CFA)
- Duration: 2-3 years
- Cost: ₹1,50,000 – ₹3,00,000 (approx.)
- Average Salary: ₹4,00,000 – ₹12,00,000 per annum (approx.)
- Expected Outcomes: A CFA charter equips professionals with advanced skills in investment analysis, portfolio management, and financial planning. CFAs can find rewarding roles in investment banks, asset management firms, and financial research organizations.
- Best Institutes to take CFA coaching from: Quintedge, Fintree, and Sanjay Saraf
Also Read: All About CFA Course [The Only Guide You’ll Need in 2024]
Company Secretary (CS)
- Duration: 2-4 years
- Cost: ₹50,000 – ₹1,00,000 (approx.)
- Average Salary: ₹3,00,000 – ₹8,00,000 per annum (approx.)
- Expected Outcomes: CS professionals are responsible for ensuring legal and regulatory compliance in a company. They can work in corporate legal departments, consultancy firms, or start their own practice.
- Best Institutes to take CS coaching: Aaditya Jain Classes, AIM Institute
Top courses in management and marketing after B.com
Master of Business Administration (MBA)
- Duration: 2 years
- Cost: ₹5,00,000 – ₹25,00,000 (approx.)
- Average Salary: ₹6,00,000 – ₹18,00,000 per annum (approx.)
- Expected Outcomes: An MBA degree provides a comprehensive understanding of business management, including finance, marketing, and operations. MBA graduates can pursue leadership roles in diverse industries, including FMCG, IT, and consulting.
- Best Institutes to pursue this course : Top IIMs, ISB and FMS.
Also Read: Top 7 Courses after MBA Finance in 2024 (With Highest salary)
Master’s in Management (MIM)
- Duration: 1-2 years
- Cost: ₹20,00,000 – ₹25,00,000 (approx.)
- Average Salary: ₹5,00,000 – ₹15,00,000 per annum (approx.)
- Expected Outcomes: An MIM program is similar to an MBA, but doesn’t require any work experience. It equips students with management skills and knowledge. PGDM graduates can explore opportunities in marketing, finance, human resources, and operations roles across various industries.
- Best Institutes to pursue this course: HEC Paris, ESADE, London Business School
Digital Marketing Certification
- Duration: 3-6 months
- Cost: ₹30,000 – ₹1,50,000 (approx.)
- Average Salary: ₹3,00,000 – ₹8,00,000 per annum (approx.)
- Expected Outcomes: With businesses increasingly relying on digital channels, a digital marketing certification can open up opportunities in social media marketing, search engine optimization, content marketing, and email marketing.
- Best Institutes to pursue this course: Digiperform, Digital Vidya, and UpGrad.
Supply Chain Management Certification
- Duration: 3-6 months
- Cost: ₹20,000 – ₹80,000 (approx.)
- Average Salary: ₹3,50,000 – ₹9,00,000 per annum (approx.)
- Expected Outcomes: A certification in supply chain management can lead to roles in logistics, procurement, and inventory management across various industries, including manufacturing, retail, and e-commerce.
- Best Institutes to pursue this course: IIM Calcutta, ISB, and Udemy.
Top courses in data and business analytics after B.com
Data Science Certification
- Duration: 6-12 months
- Cost: ₹50,000 – ₹2,00,000 (approx.)
- Average Salary: ₹5,00,000 – ₹12,00,000 per annum (approx.)
- Expected Outcomes: With the increasing importance of data-driven decision-making, a data science certification can help B.com graduates find opportunities as data analysts, data scientists, and business analysts in diverse sectors.
- Best Institutes to pursue this course: Intellipaat, Upgrad, Coursera
Master’s in Business Analytics
- Duration: 1-2 years
- Cost: ₹6,00,000 – ₹12,00,000 (approx.)
- Average Salary: ₹6,00,000 – ₹15,00,000 per annum (approx.)
- Expected Outcomes: A Master’s in Business Analytics equips students with advanced data analysis, visualization, and decision-making skills. Graduates can pursue roles in financial services, consulting, e-commerce, and IT industries.
- Best Institutes to pursue this course: New York University, MIT Sloan, Manipal university
Big Data Certification
- Duration: 3-6 months
- Cost: ₹20,000 – ₹1,00,000 (approx.)
- Average Salary: ₹4,00,000 – ₹10,00,000 per annum (approx.)
- Expected Outcomes: A Big Data certification can lead to roles in big data engineering, analytics, and data warehousing, as businesses increasingly seek professionals skilled in handling large datasets.
- Best Institutes to pursue this course: Simplilearn, Intellipaat, ISB
Business Intelligence Certification
- Duration: 3-6 months
- Cost: ₹20,000 – ₹1,00,000 (approx.)
- Average Salary: ₹4,00,000 – ₹9,00,000 per annum (approx.)
- Expected Outcomes: A certification in business intelligence can open up opportunities in data visualization, reporting, and dashboard development, helping organizations make data-driven decisions.
- Best Institutes to pursue this course: Coursera, Udemy, Intellipaat
Top courses for government jobs after B.com
Bank Probationary Officer (PO) Exam
- Duration: 3-6 months
- Cost: ₹15,000 – ₹50,000 (approx.)
- Average Salary: ₹4,00,000 – ₹6,00,000 per annum (approx.)
- Expected Outcomes: B.com graduates can prepare for bank PO exams to secure management positions in public and private sector banks.
- Best Institutes for PO Exam Coaching: Byju’s, KD Campus, TIME institute.
Civil Services Examination (CSE)
- Duration: 1-2 years
- Cost: ₹50,000 – ₹2,00,000 (approx.)
- Average Salary: ₹8,00,000 – ₹12,00,000 per annum (approx.)
- Expected Outcomes: Preparing for the CSE can help B.com graduates join the prestigious Indian Administrative Services (IAS), Indian Police Services (IPS), or Indian Revenue Services (IRS).
- Best Institutes for CSE Exam Coaching: Drishti IAS, Rau’s IAS, Vision IAS
Staff Selection Commission (SSC) Exam
- Duration: 6-12 months
- Cost: ₹15,000 – ₹40,000 (approx.)
- Average Salary: ₹3,00,000 – ₹7,00,000 per annum (approx.)
- Expected Outcomes: SSC exams can lead to job opportunities in various government departments, including income tax, customs, and central excise.
- Best Institutes for SSC Exam Coaching: Vidya Guru, KD Campus, TIME Institute
Reserve Bank of India (RBI) Grade B Exam
- Duration: 6-12 months
- Cost: ₹20,000 – ₹50,000 (approx.)
- Average Salary: ₹6,00,000 – ₹10,00,000 per annum (approx.)
- Expected Outcomes: An RBI Grade B officer role offers an opportunity to work in India’s central banking institution and contribute to the formulation and implementation of monetary policies.
- Best Institutes for PO Exam Coaching: Vidya Guru, IBT Institute, Byju’s
Factors to consider while choosing a course
While selecting a course after B.com, you should consider the following factors:
- Your career goals and interests
- The relevance of the course to your target job profile
- The reputation and accreditation of the institution offering the course
- The return on investment, including job prospects and earning potential.
- The flexibility and duration of the course
Conclusion
The right course after B.com can propel your career to new heights and open up a world of opportunities. By considering the various courses, their duration, costs, and potential salary ranges, you can make an informed decision that aligns with your career goals, interests, and aptitude.
The courses listed in this blog post cover a wide range of fields, including finance, management, data analysis, and government jobs, ensuring that you can find the perfect fit for your career aspirations.
Frequently Asked Questions
High-paying courses include Chartered Accountant (CA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), and MBA
Consider interests, career goals, skillset, course alignment with objectives, institution reputation, accreditation, and return on investment, including job prospects and earning potential.
CA Yash Jain
Bain & Co.
5000+ Students Trained in the field of Investment Banking, FRM & CFA