Career Guidance: Options For Higher Education And Job Prospects For Commerce Graduates

Career Guidance: There are many job prospects and options for higher studies for commerce graduates. After B.Com, one can apply for jobs in the government or private sector.

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Career Guidance: Every student becomes more serious about their career after completing graduation. Every student wants to choose options that prove to be beneficial for his career. Today we tell you about some higher studies options and job prospects for commerce graduate students which are very good for their career. From these options, students can select according to their interests.

Commerce Higher Studies Options: 

• CA is the most preferred career option after graduation from B.Com or Commerce. The CA exam is conducted by the Institute of Chartered Accountants (ICAI). There are 3 level modules of this exam – CPT, IPCC, and Final CA. Apart from B.Com graduates, other candidates can directly appear in the IPCC exam.
• B.Com graduates can pursue an M.Com degree under Higher Studies. This is a 2-year degree, after which students may opt for MPhil or PhD. M.Com is a good option for students going into the field of research. M.Com degree can be taken from any recognized university. Subjects like Business, Accounting, Finance, Statistics, Economics, Marketing, and Management are taught in M.Com. If you are planning to take up the teaching profession you can opt for BEd after M.Com. You can apply for teaching in a government school by clearing TET or CTET.
• Commerce students can also select the MBA option. Students can pursue MBA in finance, marketing, or any other field according to their interest. MBA is the most popular career option among B.Com graduates. Admission to a good MBA college can be taken after passing entrance tests like CAT, XAT, MAT, and MHCET.

Job prospects:

• After B.Com, one can apply for the post of accounts in any company. Every company hires an accountant to prepare the balance sheet of its business. If you have good knowledge of Cost Accounting, Basic Principles of Accounting and Management Accounting then you can get a good salary in the financial sector.
• After completing B.Com, one can also work as an auditor, junior financial analyst, tax accountant, analyst in a consultancy, industrial house or public accounting firm.
• After graduating from commerce, a career can be made in the field of finance, banking and insurance. Such recruitments come out in many banks, with openings for those who have graduated from the commerce stream. You can also make a career in the bank or insurance sector.
• Commerce graduates can be an important part of HR in a company or firm. The work of HR is to keep complete accounts of the company, to keep the data of the employees in terms of leaves and holidays. People from the commerce stream are given first preference for HR jobs. After B.Com, one can apply for an HR job in any company.
• A marketing job is also a very good option after B.Com. Commerce students especially study marketing, so commerce students can perform well in this field. There are also chances of growth in this sector for B.Com graduates.