Often people join graduation without any specific aim in mind. There can be many reasons why people feel a lack of direction once graduation is over. Some of them might be being too young or naive, too many options being available to be able to focus on one thing etc. Irrespective of the reasons, lack of motivation and thoughts of decisiveness are very common after getting degrees like B. Com. So if you are going through any such phase in your life where everyone except you seems sorted out, just relax because you’re not the only one. In this article, we provide you 6 options so that you can select the one that is best for you.
1. Masters of Commerce (M. Com)
The two-year master’s programme focuses on accounting, business management, economics, statistics, finance, marketing etc. People with M. Com have better prospects in jobs concerning electronic marketing, fund management, stock broking. Also, if you wish to pursue a career in research, M. Com is the course you have been looking for.
2. Masters of Business Administration (MBA)
Career options for people who opt for MBA include Human Resource, Finance, Marketing, Healthcare, and Education to name a few. The duration and course programme in MBA is variable, ranging from full time to part time programmes, one year or two year. So you can choose courses according to your requirements.
3. Chartered Accountant (CA)
This includes 3 examinations- CPT, IPCC and Final CA. You can directly appear for the IPCC because you have acquired your graduate degree. The work that a CA deals with involves auditing, accounting, financial, planning, taxation. It is a great option if you have persistence and patience.
4. Certified Public Accounting (CPA)
These are a series of 4 exams, conducted by the American Institute of Certified Public Accountants (AICPA), which is the largest accounting body across the globe. People with CPA are also exposed to the United States business laws, thus making the suitable candidates work for US-based firms.
5. Certified Management Accountant (CMA)
This course is offered by Institute of Management Accountants (IMA) the USA, consisting of 2 examinations. If international certification is your priority, you should definitely consider this option. People with CMA usually get placements in top MNCs.
6. Association of Chartered Certified Accountants (ACCA)
ACCA is similar to CA, however, it offers exposure to GAAP, IFRS, UK which makes it superior to CA. There are 14 papers that you need to clear to be acclaimed by the ACCA but if you wish for senior roles in top firms then it’s completely worth the efforts.
We hope we narrowed your list to the 6 most widely available and advantageous options after your B. Com and wish you luck for future endeavors.