What to Do After BCom in 2024- Courses and Career Opportunities

If you are a BCom student, one question that must come to your mind is ‘what to do after BCom’. Many B.Com students struggle to choose whether they want to continue studying or do they want to start working. In this article, we will try to answer this question.

Table of Contents

• What to Do After BCom - Postgraduate Degrees To Opt For
• What to Do After BCom - Career Opportunities

BCom is an undergraduate degree in the field of commerce. This 3-year long course is divided into six semesters. These include different subjects including accounting, business, banking, insurance, etc. There are many specializations within BCom including BCom IT, BCom Capital Market, BCom Banking and Finance among other specializations. We will be discussing what to do after BCom in 2024 in terms of education and career options in this article. First, let us start with options related to courses that can be pursued after BCom. 

What to Do After BCom - Postgraduate Degrees To Opt For

After BCom, students can enrol in the following postgraduate degree programs:

What to Do After BCom: Choose MCom Degree

There are several MCom degrees that you can do after completing your BCom degree. Here is a list of MCom specializations that you can go for. MCom is a 2 year long postgraduate degree awarded in the field of commerce. By enrolling in this degree course, you can either go into research or seek jobs in the fields of finance and accounting. 

1. Online M.Com Program

This MCom degree covers the following subjects within 6 semesters. Those who want to learn in-depth about Organization Theory & Behavior, Accounting, Business Environment, Marketing Management, Financial Management and associated research methods.

2. Master of Commerce (Financial Management)

This is a specialization in MCom degree that helps you gain expertise in financial management. Those who are seeking job opportunities in industries including banking and insurance can enrol in this master's degree. People who have done a diploma previously are not accepted for admission in this MCom specialization.

3. Online M.Com in Professional Accounting and Finance

This MCom degree from Jain University is a specialization in professional accounting and finance. Anyone who has completed a bachelor's degree in finance, accounting or related fields can opt for this degree. Working professionals in financial institutions, accounting firms and government agencies can enrol in this degree to gain expertise in their fields. Through this MCom degree, you will learn about accounting standards for complex financial transactions. You will also learn the techniques of budgeting, performance management and cost analysis.

4. Online M.Com in International Finance

This specialization teaches you about trade finance, forex management, international banking and multinational financial management roles. The online M.Com in International Finance is accredited by ACCA and grants the highest number of exemptions. Students will learn about important financial challenges in the national as well as international business world. Anyone with a bachelor's degree in any stream can apply for this MCom degree.

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What to Do After BCom: Opt for an MBA

MBA is a good option after BCom as it develops managerial skills in different streams. After BCom, one can choose an MBA degree to directly get into managerial jobs. Here are some popular options for MBA:

1. Online UGC-Entitled MBA

This is an online MBA designed for working professionals who want to build their careers in business and management. Those who want to get into leadership roles should enrol in this online MBA degree course after completing BCom. Anyone who has scored at least 50% in graduation is eligible for this postgraduate degree. A valid CAT/XAT/MAT/CMAT/GMAT score is required.

2. MBA with Specialization in Digital Marketing Management

This postgraduate degree helps students gain specialization in digital marketing. By enrolling in this degree, students learn about the strategies to reach their audience. Students will be able to develop a strategic digital roadmap to meet customers' expectations as well as the business objective. Those who have a bachelor's degree or certification can enrol in this postgraduate degree. 

3. Online MBA in Finance

Entry and mid-level professionals can enrol in this postgraduate degree to gain expertise in the finance domain. Students will gain technical skills to evaluate financial statements and accordingly make decisions. This course also helps in evaluating the corporate governance structure of firms and examines the interactions between financial markets, stakeholders and management. Those who have a bachelor's degree with at least 50% marks can enrol in this MBA specialization.

4. Online MBA in Financial Services and Financial Planning

This is a suitable postgraduate degree for working professionals who want to advance their careers in the financial services industry. Through this MBA specialization, one will gain expertise in using financial planning tools and techniques. Students become skilled in business and financial advisory by learning financial services, financial planning and business finance.

5. Online MBA in International Business

Those who opt for this course will gain skills in strategic thinking. They will be able to analyze complex business situations and build strategies that will align with global business objectives. Students will also gain expertise in data analysis, data interpretation and making data-driven decisions. Those who have completed graduation from a recognized university can enrol in this postgraduate degree. 

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What to Do After BCom - Career Opportunities

Here are some of the career opportunities after BCom:

1. Certified Public Accountant (CPA)

Those who are confused about what to do after B.Com in career can start preparing for the profile of CPA. CPAs are Certified Public Accountants who prepare financial reports to represent the business dealings of the companies and individuals that hire them. Many accountants prepare tax returns for their clients to advise them on ways to minimize taxes. Those who have completed a bachelor's degree can opt for CPA while fulfilling the minimum requirements.

1. Intro to Financial Statements | Breezy CPA

After BCom, one can think of building a career as a CPA. Those who want to learn how financial statements and accounting work can opt for this course. Through this course, you will learn about government and non-profit financial statements as well as International Financial Reporting Standards

2. Business Environment and Concepts - CPA

Through this course, CPA aspirants will learn about the business environment, business scenarios, regulations and ethical considerations. You will also learn about corporate governance, financial management and strategic planning which are important parts of the CPA examination. There are in total 9 sections including time value of money, cost of capital, leverage, capital budgeting, ratio analysis, cost concepts and interest rate concepts.

3. Certified Public Accountant Tax Preparation Tutorial

This course teaches students about tax preparation along with the documents required to become efficient at work. Work papers help in summarizing, explaining and summarizing information. By completing this course, one can get promoted to better positions. The course covers topics in taxation and Excel.

4. Master of Professional Accounting (CPA)

Those who have graduated in the field of accounting or finance related fields can opt for CPA courses. They will learn about topics that are aligned with the CPA program. As the course progresses, students will also learn about business challenges along with the opportunities at the international level. Once you have completed this course, you will gain advanced skills in financial reporting, accounting principles and ethical practices.

5. CPA Pathways Graduate Certificate

You will gain technical knowledge in financial accounting, data analytics and taxation. This eight-month course will prepare you for the CPA examination. The course covers auditing, advanced financial reporting, financial statement analysis, taxation of business entities, accounting analytics applications and commercial law.

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2. Chartered Financial Analyst (CFA)

Chartered Financial Analysts are finance professionals that measure the competence and integrity of financial analysts. Candidates are required to pass three levels of exams to become recognized CFAs.  Along with that, candidates must hold a bachelor's degree and at least 4000 hours of professional experience for a minimum of three years.

1. CFA Institute Investment Foundations Certificate

Enrolled students will learn about the fundamentals of global investment industry to learn about the finance domain. Through this course, students will learn about the types and functioning of markets, investment instruments as well as investment inputs and tools. This 60-hour-long course will teach students about investment banking, derivatives, risk management, trading, investment management and alternative investments.

2. Level I CFA

This course helps in preparing for level 1 in CFA. Topics including quantitative methods, ethical and professional standards, financial statements, alternative investments, fixed income derivatives and financial statement analysis will be covered. There are 10 sections within this course through which the learner will be able to easily crack the exam.

3. CFA- Level II

This course is offered by CFA institute to help aspirants clear level 2 examination. Ethical and Professional Standards, Quantitative Methods, Economics, Financial Statement Analysis, Corporate Issuers, Equity Investments, Fixed Income, Derivatives, Alternative Investments, Portfolio Management and Wealth Planning.

4. Corporate Issuers - CFA Smart Tips To Pass Your Level 1 Exam

This is a short online course for those who want to pass the CFA level 1 examination. Those who want to improve their chances of clearing the CFA level 1 exam, can enrol in this course. Anyone who wants to switch to the finance industry can opt for this course. This course discusses the key takeaways from the CFA workbook.

5. Level III CFA Exam Structure

The Level III exam covers item sets and constructed response (i.e. essay) sets. Both these question types and multiple-choice are asked items for item sets and constructed response items for the essay sets. This online course is meant for CFA aspirants to prepare for level 3. In this course, people will learn about portfolio management, behavioural finance, asset allocation and performance evaluation. 

3. Chartered Accountant (CA)

If you want to know what to do after BCom, becoming a CA might be a good option. Chartered accountant is a reputed finance professional that helps financial entities in managing their business. CAs are involved in financial management and auditing that are crucial for ensuring financial stability within the business. Here are some of the popular courses for those who are preparing for the CA exam.

1. Basic Accounting 

Those who want to become a CA canenrol in this online course to learn accounting fundamentals to easily understand the curriculum of chartered accountancy. Even those who do not belong to commerce background will learn through this beginner-level course. 

2. Internal Auditing - Fundamental Principles & Concepts

Through this online course, students will learn about the process of conducting an internal audit through accounting techniques. This course teaches you about the methods for preparing audit draft and conducting reporting. It demonstrates the way to prepare an audit summary and role of working papers.

3. The Fundamentals of Risk-Based Auditing

This course trains you in the methodology to link internal auditing with the risk management framework of organization. Chartered accountants are able to effectively manage risks via effective risk management processes. Those who perform audits will learn about the risk-based methodology concept.

4. IIM Financial Management Course Online

CA aspirants learn about financial analysis through this course. They can opt for this course to develop advanced skills that help in analyzing financial statements and making decisions based on this. By enrolling in this online course, CA aspirants learn the process of identifying, assessing and mitigating financial risks.

5. Practical GST & Indian Income Tax Course & Certification

This CA course introduces aspirants to the Indian Income Tax system. They will learn the guidelines for tax-saving investments and deductions. This CA course discusses practical use cases of accountants. Aspirants will learn about GST in detail as well.

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4. Company Secretary (CS)

Company Secretary (CS) handle legal aspects of a business including management of tax returns, keeping records, and offering advice for legal regulations to the company’s Board of Directors. CS courses help aspirants in becoming company secretaries in the future. The Institute of Company Secretaries of India (ICSI) is the governing body for Company Secretaries. 

1. Financial Accounting Fundamentals

This course teaches the fundamentals of financial accounting from the beginning. You will start by learning to journal entries to prepare financial statements based on recorded transactions. In the end, you will have the understanding to draw a basic level conclusion on the company’s financial status.

2. Diploma in Financial Accounting, Auditing & Taxation 

Those who want to learn auditing and advance tax laws can enrol in this course. Mentors offer expert training along with theoretical and practical classes. This course focuses on income tax, GST, e-filing, and TDS. Students will be able to analyze balance sheet and accordingly make decisions.

3. Cost Accounting – A Comprehensive Study for CA/CMA/CS /ACCA/

This is an online course through which students learn the basics of cost accounting as well as costing techniques. The course can be taken by those who already have the fundamental knowledge of accounting. 

4. Introduction to Corporate Law Practice

This course teaches the concepts and principles of corporate law in detail. It includes contract drafting, M&A, and investment transactions. This online classroom course comes along with live classes accompanied by study material. The course curriculum is suitable for those engaged in the legal aspects of business. 

Explore career secretary courses

5. Certified Financial Planner

A certified financial planner is a professional who holds expertise in financial planning, insurance, taxation, estate planning and retirement savings. These professionals are the fiduciaries of your assets that make financial decisions keeping the interest of their client in their mind.

1. Certified Financial Planner (CFP) Course

Any individual who wants to gain knowledge on financial planning services should enrol in this course. By enrolling in this course, one learns the methodologies to address the complex financial requirements of clients. The course teaches about investment planning, retirement and tax planning, financial plan construction as well as risk and estate planning.

2. The Complete Financial Analyst Course

Through this course, you will learn the entire financial analysis in detail. This course teaches how you can perform financial statement analysis using Excel. It also teaches the method to calculate liquidity, profitability, solvency and growth ratios to analyze the performance of the company. As the course progresses, students will be able to prepare professional-level company presentations.

3. Become a Certified Financial Modeling & Valuation Analyst (FMVA)

By enrolling in this course, students will learn ways to identify key items on financial statements and understand the relationship between the components. Students will also learn about the methodologies to conduct data analysis using pivot tables, data tables and other common functions. This course teaches the method to create multi-year forecasts for cash flow statements, balance sheets and income statements.

4. IIM Kozhikode - Financial Analysis and Financial Management

This course helps students in improving your financial decision-making and problem-solving skills. Students will also learn about financial strategies and frameworks. Professionals in managerial positions as well as chartered accountants can enrol in this course. Those who want to develop a strategic mindset for analyzing financial statements and making financial decisions should enrol in this course.

6. Digital Marketing

After B.Com, students can also enrol in courses that are not related to the commerce stream. However, these courses have a huge scope of growth in the future. Digital marketing is an evolving career through which students can move upwards in the e-commerce industry.

1. MBA in Digital Marketing 

By enrolling in this course, students will learn digital marketing from scratch. Students will gain skills to build a strong digital presence. They will also gain a comprehensive understanding of how digital channels can be leveraged for business growth, better customer engagement and gaining competitive advantage.

Hope that you have now understood what to do after BCom in terms of courses and career opportunities. First, you need to decide whether you want to pursue a degree after B.Com or you want to directly start working. Even if you choose to start working directly after B.Com, you can join a course later to boost your skills for career growth.