Today Commerce graduates have a great career ahead of them just like science graduates.
The jobs for commerce graduates may not be in great numbers as for engineering graduates but still they are a lot and you can easily find one.
So after completing B.Com what career options do you have?
Options are just too many and it is up to you what you are going to choose.
The first thing you can choose is to continue studying and join a post graduate course like M.Com or MBA.
If you are desperate for jobs then you can choose courses that are very job oriented.
You can also go for international courses if you like.
So here are courses you can try after your graduation.
Prepare of Chartered Accountant, CA
I have written articles on Chartered Accountant. This is the most common career path that a commerce graduate goes for.
If you are ambitious then you must definitely go for CA. Here you have to appear for exams conducted by the ICAI or Institute of Chartered Accountants of India.
You must clear 3 examinations over a period of time (3 and half years) CPT, IPCC and Final CA.
Graduates can appear for IPCC which consists of two groups. After clearing one group you have to register for articleship with an experienced CA for over a period of 2 and half years.
After clearing both groups of IPCC and articleship you appear for Final CA.
CA exam is a long procedure but I mentioned here concisely.
Masters of Commerce, M.Com
Another very conventional course after you complete B.Com is M.Com, masters of commerce.
M.Com is a two year program that can be pursued from any recognized university in the country.
Here you will learn more about accounting, business, finance, economics, statistics, taxation, marketing and management etc.
If you don’t want to do CA and want a job then M.Com is not a bad choice. I recommend you to go for B.Com if you are less ambitious.
Students who are inclined towards getting a job with a good salary can go for MBA courses.
Now MBA courses for commerce graduates are going to be different than graduates from other courses like engineering or arts.
Here I recommend you to go for MBA in finance because job prospects are really great.
You can go for CAT for the admission into IIMs. But if we are honest not everybody can get into IIMs.
So you have to choose a MBA course in finance that you can pursue from a reputed university.
Job Oriented Courses
Apart from Conventional Courses there are various career options for commerce graduates. Now let us see such courses which are shorter in time and are job oriented.
Sales job are very common once you complete your graduation. In fact you can find a job if you have good marketing and communication skills.
There is a huge demand of sales and marketing executive these days. You can notice everyday a new store comes up. These are clothing store, mobile phone store; even new banks are coming up.
So you have a great opportunity if you know how to communicate and sell a product. An experience of six months or a year on ground would be enough to get a high paying job.
Certified Bank Manager
You can go for a 2 years course in bank management. Here you will learn banking and financial services like money, banking laws and regulations etc.
The course is very simple you can easily find a job after completion.
New banks and other existing financial institutions need efficient bank managers. So you can take up the course at Institute of Bank Management and Research, Hyderabad.
Certified Financial Planner
A certification in CFP with specialization in financial planning, insurance, tax planning etc can give you a job very easily.
The course is just for one year and you learn everything about financial planning and investment planning.
You can join institutes like Financial Planning Academy (FPA), Mumbai, BLB Institute of Financial Markets (BIFM), Delhi/NCR, and Indian Institute of Financial Planning (IIFP), Mumbai.
CRISIL Certificate Analyst Program
CRISIL is India’s number one research, risk and rating company. You can join for a two years long program along with coursework, job assignments and interactive seminars.
You can easily find a job after the completion of the course. You must be a graduate with at least 50% marks or have to appear for CRISIL aptitude test.
The course will help you acquiring business and financial skills.
A course for Company Secretary can give you a job very easily. You can join the Institute of company secretaries of India or ICSI.
There are three sections, foundation, executive and professional. For foundation just 10+2 is enough however for executive you must have completed graduation.
After you complete the executive program you can easily apply for a job.
So these were few courses that are job oriented for commerce graduates.
Let us look at some of the international courses.
Certified Management Accountant
If you want to go out of the country and work then you can go for a course in certified management accountant (CMA).
The CMA course is offered by Institute of Institute of Management Accountants USA. Here you have to clear two examinations.
You will learn about financial planning, analysis, control etc.
Certified Public Accounting
When it comes to accountancy CPA or certified public accounting is highest standard of competence.
The examination is conducted under the American Institute of Certified Public Accountants or AICPA and it is the world’s largest accounting body.
You have to clear 4 exams within a year. You can pursue CPA after your CA.
Association of Certified CA
ACCA is the largest association of certified accountants. In order to complete the ACCA course you have to clear around 14 papers.
ACCA helps you to develop careers in field of accounting, banking, management and consulting other managerial posts.
So these were courses that you can do overseas. However you need to have some extra money in order pursue these courses.
Some other courses are.
There are various diploma courses like DTL or Diploma in Taxation Law for just one year.
Then GDC & A course is for Government Diploma in Co operation and Accountancy. This is also one year course.
PGDCM or post graduate diploma in computer management is also for one year.
With these diploma courses you can get a specific kind of job.
There are other lesser known management courses like Insurance and risk management, shipping and logistics, public relations, ecommerce business etc.
These courses are not very common but they worth mentioning here.