Career and Scope After B.Com

Graduation is the most important step in your career. But if you have a little bit of idea about what’s going on in the market, then graduation is not all in your career. Yes, we’re talking about your B.Com. You chose B.Com because you feel that you have inclination toward business and commerce and to be precise. Just completing your B.Com even with a great score will not ensure success in accounting career. You need to think farther, and you need to be on your edge.

The Most Common Choices

Chartered Accountant (CA)

Most demanded 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 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. A student is required to register for articles with experienced CA’s for a period of two and a half years after clearing one of the groups. Later, 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 will be ready to affix the words CA before your name.

Master of Commerce (M. Com)

Wondering the next step after the B.Com? I am sure most of you go for M.Com. It is most common for students going for the master’s 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.

Master of Business Administration (MBA in Finance)

There are individuals who will encourage you to seek after MBA. A decent profession in MBA thoroughly relies upon the validity of the organization that you are seeking after from. On the off chance that you are an IIM understudy then achievement will tail you to your doorsteps yet doing MBA from a common and very little prestigious foundation will just add numbers to the rundown of jobless MBAs. The aftereffects of your CAT exams decide the organization where you can seek after the MBA program. It is a two-year program on finishing of which you can without much of a stretch land position in budgetary administration division. Let’s go International

Certified Management Accountant (CMA)

In the event that you have plans of going worldwide or working in the Top MNCs at that point going for global accreditations is the correct decision for you. The CMA is offered by the Institute of Management Accountants (IMA) USA and the substance is consistently inspected by the Institute of Certified Management Accountants (ICMA). To end up a CMA, an understudy is required to clear two examinations. CMA shows your expert mastery in monetary arranging, examination, control, choice help, and expert morals – settling on you the favored decision of the potential managers.’More Details about CMA course

Certified Public Accounting (CPA)

A Certified Public Accountant (CPA) is the most astounding standard of skill in the field of Accountancy over the globe. The exam is managed by the American Institute of Certified Public Accountants (AICPA), which is the world's biggest bookkeeping body. A CPA capability is like the Indian CA capability. Notwithstanding the CA capability, a CPA will know about US Generally Accepted Accounting Principles (GAAP), IFRS (International Financial Reporting Standards), Generally Accepted Accounting Standards (GAAS), US government tax assessment and business laws. This gives awesome favorable position to a CPA when working with US Based Financial firms or Indian firms working for US customers. This exam comprises of 4 exams which can be finished inside a time of not as much as a year. Seeking after CPA in the wake of finishing CA, M. Com, CS, MBA in fund, ICWA can likewise push your vocation as it were.