Earlier, graduates in the field of commerce had only a couple of options to pursue their higher education after completion of their graduation. But, as years pass by a number of courses were introduced and now they have a number of choices to move further in their education. Soon after completion of higher secondary in commerce stream, students opt for BBA, BBM or B. Com. When it comes to Bachelor of Commerce, students have the option to choose honors course these days. However, honors cannot be found in all colleges.
What after Bachelor of Commerce?
After completion of this course, students have many options as mentioned earlier in the form of diploma and Post Graduate Diploma courses. Even PG Degree courses are available if they are interested in higher education to improve their job prospects, rather than opting for job search immediately upon graduation. Here are the top 5 higher education options available to commerce graduates
1. Master of Business Administration (MBA):
Of course, this is the most popular choice among students, not just graduates from the field of commerce, but graduates from other disciplines are also opting for this course as the first preference on completion of their degree. There are common entrance examinations like CAT and MAT and many training institutions are offering the best education to prepare students for these entrance examinations. So, on completion of their degree or even when they are in the final year of the degree course, students can prepare for these entrance examinations by joining the appropriate coaching, if their aim is to become an entrepreneur or job in managerial positions.
2. Chartered Accountancy (CA):
This is a professional course. But, the problem with this course is that it has a minimal pass percentage and it is stated to be the toughest option as well. It is not essential that students should join this course only after their graduation. But, on completion of graduation, they can directly join intermediate level; Otherwise, they will have to take up the CPT examination to get to the intermediate level of the Chartered Accountancy course.
3. Company Secretaryship (CS):
This is another professional option available with similar toughness associated with CA. On successful completion of this course, students can either practice individually or they can also find job opportunities in the booming corporate sector as company secretary.
4. Chartered Financial Analyst (CFA):
CFA is a position that has gained international recognition. This course is offered at international level and it is available in India as well. The CFA institute has six centers in India at cities like Pune, New Delhi, Mumbai, Kolkata, Chennai and Bangalore.
5. Cost and Works Accounting (CWA):
The Institute of Cost and Works Accountants of India offers this course. Like CA, this course also has different levels. Professionals with this qualification will be responsible for estimation of costing and preparation of budget for organizations. When this is the case of CWA holders, CAs will be responsible for auditing. So, both are professional courses and students can choose the one based on their interest.