What Someone Should opt courses and career after B.Com?
A student when wrapping up his while writing the last paper of final exam of B.Com from Top College Mix thoughts are running through his mind and most of them include plans about sleeping the whole one week or should partying an entire week, depends . But very next none of them are going to happen . As soon as one finish his Exams he can have his parents, relatives, neighbors and everyone on your Facebook friend list asking you about your future plans and many things . Its not partying or sleeping plans but career after B.Com plans. Now a days we are living in a competitive world, if you are not satisfied with the career or course you chosen there are many short-term ,high value ,low investment courses available in the business world. Very seriously, just finishing graduation is not only counted as having a great option career wise but You need also have a great knowledge and also good degree to face off with life. Now the most valuable question is which option is the right after B.Com ? As you have completed your graduation in Commerce, it shows that you are interested in the field of Accounting and therefore you need to choose a career in the field of Accounting. There are a lot of career options present in the field of finance as well and here is the list of finance course that someone can pursue for a better career. Popular Choices which is very common: Chartered Accountant This is the most common careers that comes into every commerce student’s mind . CA or chartered Accountant exams are conducted by Institute of Chartered Accountants and its require one to clear all three Examinations over the period of time that are CPT, IPCC and Final CA. Since you have finished your graduation, Now you are eligible to directly appear for IPCC which have 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, Now you can affix the words CA before your name with pride. Masters of Commerce Now thinking after B.Com that what should be next ? It is very obvious to think about M.Com. and 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 go ahead with it from any of the recognized institutes. M.Com is a program that focuses on organized study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management and therefore it gives better view about all the fields. Masters of Business Administration There is a someone in the family who will advise you to pursue MBA. A good career in MBA depends on the credibility of the institute that you want to choose . If you are an IIM student then success will follow you to your doorsteps but doing MBA from an ordinary and not much good institute will only add numbers to the list of unemployed .The results of your CAT exams shows you 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. Certified Management Accountant If you have plans of going global or working in the Top MNCs then going for international certifications is the right choice for you. CMA is offered by the Institute of Management Accountants USA and the content is regularly reviewed by the Institute of Certified Management Accountants .To become a CMA, a student is required to clear two examinations. CMA demonstrates your professional behavior in financial planning, analysis, control, decision support, and professional ethics and making you the preferred choice of the potential employers. Certified Public Accounting A Certified Public Accountant is the top standard of competence in the field of Accountancy across the world. The exam is administered by the American Institute of Certified Public Accountants which is the world’s largest accounting body. A CPA qualification is quite similar to the Indian CA qualification. In addition to the CA qualification, a CPA will have knowledge of US Generally Accepted Accounting Principles , IFRS (International Financial Reporting Standards), normally Accepted Accounting Standards ,US federal taxation and business laws. This gives great advantage to a CPA when working with US Based Financial firms or Indian firms working for US clients. This exam consists of 4 exams which can be completed within a period of less than a year. Pursuing CPA after completing CA, M.Com, CS, MBA in finance, ICWA can also boost your career to a great level. Association of Chartered Certified Accountants ACCA is the world’s top and fastest-growing international accountancy organization .The ACCA qualification helps develop successful careers in the fields of accounting, banking, management and consulting, and is a major advantage in competing for senior roles. ACCA is considered to be very similar to CA but ACCA program provides you with additional knowledge about UK GAAP, IFRS and laws which makes ACCA superior to CA. To successfully complete your ACCA program you will need to clear 14 paper Business Accounting and Taxation Biggest problem for B.com Fresher’s, all the jobs that we like – need some work experience in Finance & Accounts, without work experience jobs are mostly in BPOs, Back office or Sales. So what can one do? We have researched and have designed a course will give you the practical understanding of accounting, taxation, reporting and compliance all the skills that you need in accounting firms or other hard core finance and account profiles. Right from understanding the journal entry, final accounts, tax compliance, we will also help you to enhance your soft skills understanding advanced Excel and technology used in industry, the most essential, SAP training.