While we writing last paper of final B.com exam, there are different things going through our mind, most of which includes how we can enjoy the whole week, partying and vocation, but there is only one thing constant in everyone’s mind is that what is your next step towards your career after B.Com.

If you are planning for an employment, you need to keep in mind that this world is highly competitive and just completing graduation isn’t enough for your employment, you need to have more skills and knowledge to compete with others, so you need to do further studies or professional certification to increase your skills and knowledges. These professional certification and degrees can help you to gain more skills and knowledge after competing your B.Com.


Master of Commerce (M.Com)

M.com is one of the most common career decision most of us taking after B.Com. M.Com is a two years master program which mostly covers accounting related aspects such as Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management. M.Com should pursued through any recognized institutes, colleges or universities. After Completing M.com you can gain more skills and knowledge about Accounting, finance and Taxation.

Master of Business Administration (MBA)

Despite everyone can do MBA, MBA is also one of the common program after B.Com. MBA is also 2 years Management program which can be done through any approved institutes or business schools. During 2 years of MBA, You can mostly learn about management aspect of business operations. Choosing a Finance specialization is plus for those doing MBA after B.Com.

Chartered Accountant (CA)

Chartered Accountant (CA) is approved by Institute of Chartered Accountants India (ICAI). ICAI is the authorized board for CA Exams. ICAI is the second largest accounting and finance body in the world after AICPA in terms of membership. CA is also one of the popular Accounting course in India that most of the people choosing after B.Com. Same Like M.Com, CA is also covers accounting, finance, taxation, auditing and management.

Certified Public Accountant (CPA)

Certified Public Accountant (CPA) is an international certification program approved by AICPA which is the largest accounting and finance body in terms of membership. Any accountant, B.Com or graduated professionals can pursue CPA. CPA exam is 16 hours exam consists of four sections.

  • Auditing and Attestation (AUD)
  • Business Environment and Concepts (BEC)
  • Financial Accounting and Reporting (FAR)
  • Regulation (REG)

Minimum eligibility for CPA is you need to have a relevant bachelor degree.

Certified Management Accountant (CMA)

Certified Management Accountant (CMA) is one of the most popular international certification program for an accountant, CMA is the best choice if you are looking for international certification after B.Com.

CMA is approved by IMA – Institute of Management Accountants. CMA Exam has two major parts,

Part I: Financial Reporting,
Planning, Performance, and Control		 Part II: Financial Decision Making
• External Financial Reporting Decisions • Financial Statement Analysis
• Planning, Budgeting and Forecasting • Corporate Finance
• Performance Management • Decision Analysis
• Cost Management • Risk Management
• Internal Controls • Investment Decisions, Professional Ethics  

Eligibility:

To be eligible for CMA, You need to have relevant bachelor degree and minimum 2 years of experience in accounting. If you are a starter after B.com, Still you can eligible for CMA exam, but you can call yourself as CMA certified only after you get 2 years minimum experience in accounting.

Association of Chartered Certified Accountants (ACCA)

Association of Chartered Certified Accountants (ACCA) is the professional international certification body offers charted certified accountants ACCA program. Anyone can attend ACCA program only eligibility is you need to have a relevant degree or diploma certification.

ACCA is also best choice for those who looking for an international certification program after B.Com.