While writing your last paper of final B.Com exam, tons of thoughts are going through your mind, most of which include plans about sleeping the entire week or partying an entire week (depends on your preferences). But trust me, none of them are taking place. As soon as you finish your Exams you have your parents, relatives, neighbors and everyone on your Facebook friend list asking you about your future plans. And no, not your partying or sleeping plans but your career after B.Com plans. In today’s competitive world, if you are not satisfied with the career or course you pursued there are many short-term – high value – low investment courses available in the market.
On a serious note, today, just completing your graduation is not counted as having a great career. You need great knowledge and a good degree to face the strong competition in life. But the most important question is which is the right course after B.Com for you? Since you have completed your graduation in Commerce, we are assuming that you are interested in the field of Accounting and therefore shall guide you to choose a career in the field of Accounting. There are many more career options present for you in the field of finance as well. Here is the list of finance course that you can pursue for a better career.
The Most Common Choices
Chartered Accountant (CA)
One of the most common careers that cross every commerce student’s mind is CA. CA exams are conducted by Institute of Chartered Accountants (ICAI) and require one to clear 3 Examinations over the period of time that are CPT, IPCC and Final CA. Since you are done with your graduation, you are eligible to directly appear for IPCC which consists of two groups. After clearing one of the groups, a student is required to register for articles with experienced CA’s for a period of two and a half years. After clearing both groups of IPCC and successfully completing your articles you can appear for Final CA. Final CA again has two groups and after clearing both the groups, you can proudly affix the words CA before your name.
Masters of Commerce (M.Com)
Done with the B.Com now next what? I am sure most of you said M.Com. It is very common of students going for the Masters degree in Commerce after completing B.Com. It is a two year program and you can pursue it from any of the recognized institutes. M.Com is a program that focuses on systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management and therefore it gives insights about all the fields.
Masters of Business Administration (MBA in Finance)
There is always someone in the family who will advise you to pursue MBA. A good career in MBA totally depends on the credibility of the institute that you are pursuing from. If you are an IIM student then success will follow you to your doorsteps but doing MBA from an ordinary and not much renowned institute will only add numbers to the list of unemployed MBAs. The results of your CAT exams determine the institute where you can pursue the MBA program. It is a two year program on completion of which you can easily get job in financial service sector.