How Do I Choose a Career After B.Com?
The majority of the thoughts we have while writing the final test for the B.Com exam are about how to enjoy the week, go out, and work, but there is just one thought that never leaves anyone’s mind: what will be your next step in terms of your career after B.Com.
If you’re thinking about getting a job, you should keep in mind that the job market is extremely competitive, so you need to have more knowledge and skills than just a high school diploma to be competitive. You can do this by continuing your education or getting a professional certification. After participating, these professional certifications and degrees might assist you in expanding your knowledge and talents.
Master of Commerce (M.Com)
After graduating with a B.Com, most of us choose to pursue an M.Com. A two-year master’s degree in business administration called M.Com focuses mostly on accounting-related topics such accounting, business, finance, economics, statistics, taxation, marketing, and management. Any approved institutions, colleges, or universities should provide the M.Com programme. You can learn more about accounting, finance, and taxation after earning your M.com.
Master of Business Administration (MBA)
Even though anyone can pursue an MBA, it is one of the most popular programmes after a B.Com. The MBA is a two-year programme in management that can be completed at any accredited institutions or business schools. You can mostly learn about the management side of business operations during the two years of an MBA. For those pursuing an MBA following a B.Com., selecting a Finance specialisation is advantageous.
Accountant, Chartered (CA)
The Institute of Chartered Accountants of India has authorised the title “Chartered Accountant” (CA) (ICAI). The authorised board for CA Exams is ICAI. After AICPA in terms of membership, ICAI is the second-largest accounting and financial organisation globally. The majority of people in India choose CA as their second accounting course after B.Com. The CA covers accounting, finance, taxation, auditing, and management just like the M.Com does.
Chartered Professional Accountant (CPA)
The largest accounting and finance organisation in terms of membership, the AICPA, has authorised the Certified Public Accountant (CPA) international certification programme. Anyone with a B.Com. or a professional degree can pursue CPA.
The 16-hour CPA exam is divided into four portions.
Financial Accounting and Reporting (FAR), Auditing and Attestation (AUD), Business Environment and Concepts (BEC), and Regulation (REG)
- The minimum requirement for becoming a CPA is a suitable bachelor’s degree.
Management Accountant Certified (CMA)
If you want to pursue international certification as an accountant after earning your B.Com, the Certified Management Accountant (CMA) programme is the most well-known option.
The Institute of Management Accountants has endorsed CMA.
Eligibility:
A relevant bachelor’s degree and at least two years of her accounting experience are required to qualify for the CMA. B.com says he can qualify for the CMA exam even if he’s a beginner, but he can’t call himself CMA certified without having at least two years of accounting experience.
Conclusion
George Telegraph Institute of Accounts The (GTIA) is a professional international certification body that offers the GTIA Chartered Accountant Program. Anyone can join the accounting course only if they are required to have the appropriate degree or diploma.
GTIA is also a great choice for those looking for an international certification program after B.Com.