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10 reasons why should you choose an online MBA in India

We live in a time when many people want to polish their skills and knowledge to stay relevant in the most volatile world. An MBA ensures promising career prospects. From a recent graduate to a working professional, everyone wants to get an MBA. While it appears to be a fantastic option for recent graduates looking for a good career start, is it worthwhile for working professionals to enrol in an online MBA program in India? 

We understand that you may be concerned about your career advancement, particularly in these uncertain times. That is why we have put together this comprehensive guide on online master’s degree in business administration to help you get started in the field.

What is an online MBA program?

An online degree program in MBA provides a more convenient and advanced form of distance learning. The lectures are delivered via virtual

learning platforms. These online programs allow students to learn at their own pace without feeling rushed or pressured. An MBA degree is now considered a must-have for any organisation. They are looking for MBA graduates with strong leadership and management skills. 

Benefits of pursuing an online MBA in India

Students enrolled in an online MBA in India benefit from greater flexibility and access to various resources both during and after their studies. This makes online education far more appealing to many students than traditional on-campus education. The following is a list of advantages of choosing an online MBA in India.

  1. Online MBA is accessible

The ability to access online lectures and other study resources from any location can make or break your academic success. You can choose the best study locations for your learning pattern, and you can continue your MBA studies despite job changes, migration, travel, or other life events.

  1. Online MBA gives you flexibility to learn

You can plan your studies around your existing schedule rather than the other way around. If you are a good learner, you can use this skill to complete your online MBA degree faster. Some colleges, on the other hand, allow students to complete their degrees in five or six years.

  1. Online MBA is cost-saving

By enrolling in an online degree program MBA, you will avoid the exorbitant tuition fees associated with traditional full-time MBA programmes at prestigious MBA schools. There will be no additional commuting, which will save you both money and time. In In addition, there will be no on-campus fees such as textbooks. Moreover, if you go the online pathway, you will continue working while completing your programme. This precludes you from losing your paycheck, and you can pay a portion of your fee with a portion of your salary.

  1. Online MBA is technology driven learning

Online programmes give you easy access to the digital syllabus, reading lists, books, projects, and announcements, relieving you of the burden of misplaced, or forgotten study materials. Additionally, online modes allow for more uninterrupted classroom activities, increasing the likelihood that all students will be addressed.

  1. Expands your knowledge

An online MBA programme will provide you with extensive knowledge in a variety of fields. The fundamental courses provide students with a thorough understanding of business disciplines such as finance, marketing, and accounting. On the other hand, an online MBA in India allows students to gain in-depth expertise in areas of interest such as marketing analytics, international marketing, and entrepreneurship.

You will also have access to case studies from companies in various industries, which will help you improve your management skills and problem-solving abilities.

  1. Worldwide recognition of your credentials

An online MBA credential is recognised all over the world. After completion of your online MBA in India, your online accreditation will be recognised globally, and your credibility among business professionals will increase, opening doors to a variety of job opportunities.

  1. Best for peer networking

The ability to network with new people is what makes an online MBA programme valuable. Your professional network will include acquaintances outside of your programme, as well as peers and professors, as you complete the programme. You will be able to communicate with professional alumni, corporate leaders, and other professional connections through online classes, virtual social gatherings, or an online portal.

  1. Improves managerial and interpersonal skills

An online MBA in India allows you to refine your managerial and business skills while also gaining a new professional fulfilment perspective. It can assist you in developing business skills such as strategic thinking and leadership. These skills will boost your confidence, allowing you to seize new professional opportunities or drive transformation in your current role. Because online MBA programmes place a premium on business management, leadership, and marketing. Both hard and soft skills are useful. Many jobs require more than just technical skills to complete the work correctly. Soft skills are required for all careers to make hard skills marketable.

As a result, enrolling in an online master’s degree in business administration programme in India makes sense for skill development. After all, most companies look for potential employees who have the skills to do the job and sound business judgement.

  1. Extraordinary salary potential

Online MBA programs prepare you for high-paying positions in today’s competitive market, in addition to broadening your employment options. After earning an MBA, you will be able to obtain a high-paying job easily. The instructors in the online MBA program are experts in marketing, accounting, communication, organisational behaviour, and other fields. The industry you choose and the firm you join will also have an impact on your salary.

  1. MBA gives you job security

One of the most common concerns for employees in today’s job market is being fired. A master’s degree in business administration gives you an advantage because your employer is less likely to fire you. There are many job roles after MBA which you can look to strengthen your position in the market. 

Why should one consider an online MBA from Manipal University Jaipur?

Manipal University Jaipur is NAAC A+ accredited. Established in 2011, the university has gained fame for delivering quality education. MUJ widened its presence to online space by offering a host of UGC-entitled online degree programmes. 

Currently, the university offers online MBA, MCA, M.Com, and MA JMC in postgraduate programmes, and BBA, BCA, and B.Com in undergraduate. The online programmes are offered through Online Manipal. The online MBA at MUJ is a comprehensive curriculum which was delivered through the state-of-the-art learning management system (LMS). Online MBA comes with eight electives, including Finance, Marketing, HRM, Operations Management, Retail Management, Analytics & Data Science, BFSI, and IT & FinTech.

World-class faculty with extensive experience in the industry and academia takes the classes. Students can access study material on the LMS with an internet-enabled device and learn from anywhere at their convenient time. Study material includes e-tutorials, live and recorded classes, quizzes, e-library, and discussion board. Additionally, students get free access to Coursera and INR 50,000 additional certificate courses with MUJ’s online MBA, besides industry-connects and placement assistance.

How to get admission in an online MBA at Manipal University Jaipur?

Any graduate with at least 50% marks (45% for reserved categories) can enrol in an online MBA course on the Online Manipal portal. Candidates need to clear an aptitude test to qualify for admission. However, those who have a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test conducted by the Manipal University Jaipur.

The admission process for online MBA is as follows:

  1. You can enrol in an online MBA by entering your details on the Online Manipal portal. Our admission counsellor will contact you to help you complete the admission process
  2. You need to submit educational certificates, semester-wise marksheet of 10+2+3 degree, graduation certificate, and CAT/MAT/CMAT/XAT/GMAT certificate
  3. In case candidates have not cleared CAT/MAT/CMAT/XAT/GMAT, they need to clear the online aptitude test conducted by Manipal University Jaipur as per admission norms to the MBA programme
  4. Total fee for online MBA at Manipal University Jaipur is INR 1,50,000 and students can pay INR 37,500 per semester. The university provides attractive scholarships and EMIs to ease your financial burden. 

Conclusion

Considering how quickly the world is changing during these turbulent times, pausing to reflect on one’s career strategy can be extremely beneficial. An online degree in MBA in India can help you in several ways. It can help you gain a lot of knowledge, improve your soft skills, advance your career, build a professional network, and find a high-paying job. Enrolling in the online program in India will provide you with the necessary knowledge and abilities to help you fit in the best in the business community.

10 best career options for you after an online MBA

An MBA degree is a fantastic option if you’re thinking about changing careers. You’ll get the skills, network, and knowledge that is necessary to land a new job after graduating from a business school. But what if you cannot take a two-year break from work? Some online MBA degree courses in India can help with this too.

What is the future scope after online MBA?

An online MBA prepares learners to excel in any job role. A wide-range of prospects available after successful completion of online MBA. You can find many options such as jobs in the leading companies and higher education at the top universities in India and abroad. Graduates of online MBA programmes go on to work in a variety of fields. 

So, what are the most popular job opportunities for online MBA graduates?

Career options after online MBA

  • Management Consultant

One of the most popular employment paths for MBAs is consultancy. In recent years, big three consulting firms such as McKinsey & Company have increased their recruiting of MBA students, indicating that there are lots of chances for online MBA graduates. Some of the most critical skills for consulting are applying theoretical models to real-world problems and building and implementing business solutions, which may be learned through online MBA programmes. You can also learn to balance various responsibilities and communicate successfully in an online situation by learning remotely.

  • Entrepreneur

To enter the world of entrepreneurship, you don’t need a typical MBA. Online MBA courses in India cover the same entrepreneurial themes as a regular MBA with respect to innovation, strategy, and finance, giving you the well-rounded knowledge to start an enterprise after graduation. You’ll also gain flexibility, which will allow you to transition from a full-time job to starting your own business.

  • Project Manager

Being a project manager may be the ideal fit for your skills if you excel at both organisation and communication. Throughout the project life cycle, these individuals often oversee company projects and tough group tasks. As a result, project managers must possess a diverse skill set that they should demonstrate to potential employers. For this position, you should highlight your professional experience in starting, planning, and implementing projects. 

  • Operations Management

This position, like project managers, is in charge of overseeing a significant workflow within the company. Operations managers, in particular, are in charge of overseeing activities linked to the production and supply of goods and services. They plan, design, and manage operations to ensure that processes and supply chains run smoothly. This is faster than the average growth for all occupations, which is encouraging for new graduates interested in this field.

This expansion is ascribed to the development of new organisations and the extension of current ones, but you should nonetheless promote yourself for this position. Discuss your operations management experience and any processes you helped to improve. If you want to work in a specific area, such as healthcare management, keep your subject matter expertise up to date to expand your professional networks and job opportunities.

  • Financial Analyst

If you’ve decided to pursue a career in finance, becoming an analyst is an excellent next step after earning your MBA. Financial analysts operate in a variety of industries, but banks, investment firms, and enterprises are the most in need of their services because this position is critical in assisting organisations in making profitable investment decisions and reducing financial risk. This job option also has a promising future. A financial analyst with an MBA can promote their finance and accounting talents, as well as their investment strategy knowledge.

  • Human resources

Human resource management is an even more profitable career path because practically every organisation needs someone to run and supervise employee programmes. A human resource manager with an MBA keeps up with evolving labour rules to ensure that the company follows them. They also understand how to use employee incentives and rewards programmes to recruit and retain top employees. It is essential for HR managers to strike a balance between creativity and compliance in their roles and to demonstrate these abilities to potential employers.

  • Information technology

You definitely have a passion for technology and business management if you hold an MBA in IT. An IT manager, according to Indeed, is someone who plans, directs, and oversees a company’s computer and information systems. They know everything about the business and the technology it requires, so they work to coordinate jobs involving hardware, software, and business users.

An IT professional, like other management roles, must be able to address problems and maximise an organisation’s information systems in the long run.

  • Digital Marketing Manager

There are lots of ambitious online MBA graduates who make their mark in this developing field. Many online MBA courses in India specialise in digital marketing. The course delves into a variety of topics, including social media marketing. Graduates of the programme frequently go on to work as digital marketing managers.

  • Marketing management

Every company’s marketing department is crucial, and the manager is in charge of making sure everything is in order. Marketing managers are in charge of managing a full campaign and general strategy from start to finish, from branding and messaging to channels and target audiences. They must not only come up with innovative ways to position the company, but they must also handle marketing resources carefully.

Because you would be accountable for the entire company’s brand as a marketing manager, you must have a distinct personal brand. Check to see if your resume, cover letter, and internet presence all match. Branded imagery is advantageous, as this position necessitates some ingenuity.

  • Data Analyst

For MBA grads, data analytics is a rapidly expanding field. Following your Online MBA, work as a data analyst for some of the world’s largest corporations. Global technology companies such as Google and Amazon employ a huge number of MBA graduates and have large analyst teams.

Pursuing an online MBA from Manipal University Jaipur

Manipal University Jaipur is one of the first universities that started online degree courses in India. These degrees including online MBA are UGC entitled and designed with inputs from industry to prepare future ready professionals. Delivered through Online Manipal, the online education portal of Manipal group, the online MBA is affordable for working professionals and fresh students.

The total fee of the online MBA course is INR 1,50,000, that can be paid semester-wise (INR 37,500) or through no-cost EMIs. The university provides attractive scholarships to eligible students to enrol in the programme. Moreover, you can access Coursera for free and e-learning courses worth INR 50,000.

Eligibility requirement to get admission in MBA at Manipal University Jaipur

The eligibility criteria for two-year online MBA course at Manipal University Jaipur are as follows:

  • Candidates must have a 10 + 2 + 3 year bachelor’s degree from a recognised university/institution or an equivalent qualification as recognised by the Association of Indian Universities
  • Candidates must have a minimum of 50% marks in aggregate in graduation (45% for reserved categories)
  • Candidates need to clear the online aptitude test conducted by Manipal University Jaipur as per admission norms to the MBA programme (part of the application form)
  • Candidates with a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test

You can enrol in the course by applying on the Online Manipal portal. Our admission counsellor will contact you to help in completing the admission process.

Conclusion

This concludes our article on career opportunities after completing online MBA programmes. Most employers prefer candidates who have finished their postgraduate education. We hope that this article has given you a better understanding of the various career opportunities open to you within a few specialisations.
With an online MBA, you will certainly have a bright future. Upgrade your skills with online MBA courses in India and take the first step toward your dream job today.

Difference between MBA and PGDM

Key differences between PGDM and MBA explained

With the growth of the IT industry and corporate culture, many students are choosing management studies. However, students sometimes get confused over PGDM vs MBA when seeking management education. This creates difficulty when selecting courses. While the course content for both programs is almost identical, there are crucial variations that might help you determine which is best for you. Those who are unaware of the distinction may wind up making impulsive decisions.

This article will guide you on the difference between PGDM and MBA courses in India.

What is an MBA course?

The Master of Business Administration (MBA) is a two-year degree that is widely renowned for developing the abilities needed for jobs in business and management.

Most MBA programs contain a “core” curriculum comprising disciplines like accounting, economics, marketing, and operations and optional courses that allow students to pursue personal or professional interests. Some institutions require MBA applicants to perform an internship with a firm or organisation, which might lead to better career chances following the program.

  • Being an MBA graduate makes you a better decision-maker, expands your professional network, and opens doors to new prospects.
  • Considered the best alternative to follow if you want to thrive in your profession, become an entrepreneur, and pave the route to entering the corporate sector.
  • Designed to foster the development of skills required for a career in business and management.

What is a PGDM course?

PGDM is an abbreviation for Post Graduate Diploma in Management, a two-year business management curriculum that caters to industry needs and assists management aspirants in developing important hard and soft skills. Degrees may be awarded by universities authorised by the University Grants Commission (UGC). A PGDM degree opens up various employment opportunities for an individual. There is also a lot of potential in research that assists businesses in closing gaps and creating better chances and facilities for employees and customers.

The top three PGDM Colleges in India are Xavier Labour Relations Institute (XLRI), S.P. Jain Institute of Management and Research, Mumbai, Management Development Institute, Gurugram.

How are MBA and PGDM similar?

Here are some ways PGDM and MBA courses are similar

PGDM vs MBA: on the basis of eligibility

  • MBA eligibility and PGDM eligibility criteria are similar; candidates must have a UG degree in any stream from a recognised state or central institution.

PGDM vs MBA: duration

  • The time frame is also almost the same for both the MBA and the PGDM, which is two years. However, some universities offer one-year PGDM programs.

PGDM vs MBA: syllabus

  • MBA and PGDM curriculums are quite similar, with the latter taking a more practical approach. However, the PGDM degree curriculum can be adjusted or amended by institutes evolving business needs of industry and trends.

PGDM vs MBA: entrance test

  • Enrollment to top management universities in India for both MBA and PGDM programs is dependent on Entrance Tests such as CAT, CMAT, XAT, GMAT, MAT, ATMA, NMAT.

Key differences between PGDM and MBA

Several factors make MBA and PGDM different courses. The shows the differences between MBA and PGDM: 

CourseMBAPGDM
Institute TypeColleges affiliated with a university can offer an MBA degree.An autonomous institute
Body of AccreditationAccredited by the university.Approved and recognised by AICTE. 
Duration of CourseMBA course duration is 2 Years.PGDM course duration can be either 1 or 2 years depending on the program.
EligibilityMBA is 50% in Bachelor’s degree pursued from a recognised college or institute in any stream.PGDM eligibility is 50% in Bachelor’s degree pursued from a recognised college or institute in any stream.
Curriculumnorms are dependent on the university, and the curriculum is not frequently revised.courses are flexible provided by autonomous institutes, and the curriculum is more frequently updated than MBA courses.
Focus of the CourseMBA develops a theoretical approach and focuses on improving the technical knowledge of a student.The PGDM course focuses on improving students for practical circumstances.
Fee StructureMore affordable program.Cost can vary between 5 and 20 lakhs.
ValidityValid Post Graduate Degree.Valid and equivalent to Postgraduate Degree.
PlacementsDepends upon the institution.Institutions have better placements.
Innovative PracticesLimited scope for innovationTeaching and training are multidimensional. 

Which is more valuable – MBA or PGDM?

  • MBA vs PGDM: Cost of Course

Because UGC-affiliated universities and colleges provide MBA programs, the fees for these courses are set by the university. When compared to IIMs or private institutions, the fees for government universities are quite low. As a result, you will earn a degree and exposure comparable to those of private institutes at a significantly lesser price. This significantly boosts the importance of your two years of training.

  •  MBA vs PGDM: Eligibility for Higher Studies 

If your goal is completing an MBA degree and enrolling for higher studies abroad, having a degree on your CV may be far more advantageous than a certificate. Because the MBA degree is widely recognised, you will be eligible for practically any course you choose to take.

  • MBA vs PGDM: International Acceptance

 While PGDM and MBA are pretty much synonymous in India, both in terms of curriculum and credibility, this may not be the case with global bodies. Several positions may expressly need an MBA degree, and you may not want to miss out on those possibilities just because of the name of your program, even if you are suitably competent.

MBA vs PGDM- What should you choose?

  • MBA & PGDM credibility: Is PGDM equivalent to MBA?

The most important factor in deciding on specialisation is selecting a course from a reputed or high-ranking business school. Best B-schools open up a plethora of opportunities for you to land a good job. Once hired on campus, you’ll be in a good position in a year or two. Then you can steer your career in whatever direction you want. So, a good start is half the job done. Make sure to choose a good B-school with AICTE and Ministry of HRD-recognized programs. The institute must be well-established and have a track record of success.

  • MBA vs PGDM: Course fees

In terms of cost, an MBA degree is less expensive than a PGDM degree. The course is less expensive with government assistance and funding sources, whereas the PGDM course is assessed by independent, autonomous bodies, so the fees are higher.

  • MBA vs PGDM: Future goals

You must answer the question, ‘What are your career goals?’ Do you want to start your own business, or do you prefer to work for someone else first? Do you want to work in communications, planning, strategising, numbers analysis, people management, or something else? You must decide where you want to be in a few years. How would you define success for yourself? For better answers, a great deal of introspection is required. You must delve deeper to discover what you want to do with your life. Based on your revelation, you can determine whether you should pursue an MBA or a PGDM.

Future prospects after pursuing MBA or PGDM: PGDM vs MBA salary and job profiles

 

Job ProfileJob DescriptionAverage Annual Salary
HR ManagerIn any organisation, the Human Resources (HR) department has the responsibility of hiring new employees and ensuring employee satisfaction.INR 7 – 8 L
Business AnalystA business analyst analyses data from the past and present to ensure that the business runs smoothly and profitably in the future. Data analysis assists in taking business decisions.INR 6 – 7 L
Marketing ManagerAn MBA degree can help you become a marketing manager. A Marketing Manager’s primary responsibility is to oversee the marketing activities and market the company’s products or services.INR 5 – 8 L
Finance AdvisorMBA in Finance helps you get a job as a Finance Advisor in a financial firm. A financial adviser charges a fee for advice on investment and capital management for an individual or a firm.INR 5 – 8 L
Investment BankerInvestment bankers arrange funds for their clients. It is one of the higher-paying career prospects available to MBA graduates.INR 8 – 10 L

PGDM salary and jobs

Job ProfileJob DescriptionAverage Salary
Project ManagerIn an IT organisation, a Project Manager works on a specific project. A person with a PGDM in Enterprise Management may work as a Project Manager.INR 12 – 15 L
Data ScientistData scientists assist organisations in solving complicated challenges by integrating computing, modelling, statistics, analytics, and maths abilities with solid business understanding. A PGDM with a focus in Business Analytics helps you become a Data Scientist.INR 7 – 9 L
AuditorAn auditor checks the organisation’s financial records, including finance and balance sheets. A PGDM in International Finance degree may help you become an auditor.INR 4 – 6 L
Tax SpecialistA Tax Specialist is in charge of submitting a company’s sales and other taxes.INR 5 – 7 L
ConsultantA consultant is an expert who provides advice in fields such as business, human resources, law, marketing, finance and health care.INR 9 – 12 L

MBA vs PGDM: Course structure

  • MBA course structure

The university creates the MBA course curriculum. The core curriculum (and occasionally even optional topics) will be almost identical at two MBA institutions affiliated with the same university. 

  • PGPM course structure

PGDM courses are set by the specific institution. The course curriculum gains some flexibility as a result of this. The curriculum is revised in response to industry demands and market trends every year.

MBA vs PGDM: Which is better?

As independent authorities give PGP or PGDM courses, students must exercise caution while applying for admission. Many smaller colleges and institutions make promises but lack the necessary accreditation. Universities award MBA degrees; hence there is a lower risk of bogus claims. Aspirants in management should hunt for legitimate recognition. Management institutions are recognised by NAAC, AACSB, AMBA, and Equis, in addition to UGC.

Why should I choose an MBA?

Some of the reasons that make an MBA better than PGDM are as follows:

  • Better career prospects

An MBA program opens up a more diversified and broad sector for graduates to explore. An MBA course covers numerous fundamental subjects, including data science, human resource statistics, technology and information systems, economics, and finance.

  • Excellent for networking

A university or business school is an excellent place for MBA graduates to meet new individuals. People one could encounter while studying for an MBA include recruiters, keynote speakers, old-school business people and young entrepreneurs

  • MBA degrees are recognised all around the globe.

An MBA program can be a fantastic option to relocate to a different city or even a different nation. Being in a new city for a year or two may help students learn the lay of the land, identify firms where they wish to work, and set up meetings with possible employers.

Read here to learn more how MBA positively impacts your career.

Online MBA: A smart approach

The requirements of modern workplaces have expanded dramatically as a result of tremendous technological change. As a result, there is a greater need for professionals in managerial and leadership roles, and organisations are searching for personnel with effective management knowledge and expertise.

Here we have some the key differences to know why online MBA is a smart approach-

Online ClassesOffline Classes
Learn from anywhereLocation-specific
No more getting stuck in traffic jamsCommute can be time-consuming and hectic
time savingHuge loss of time
Access to great visual tools for faster learningEasy access to learning tools is non-existent
Highly skilled mentors and teachersLimited number of teachers to choose from
flexible learning with convenienceFix learning schedules and inconvenience
Better focusHigh chances of distraction
Convenient clearing sessions to clear your doubtsNo doubt clearing session

Benefits of pursuing an online MBA

Some of the benefits of studying online MBA courses are as follows:

  • The student will be familiar with a lot of topics that are not covered in the curriculum.
  • There is no need for commuting which saves your time.
  • Because the online MBA course is self-paced, students study at their own pace without feeling obligated to compete with other students.
  • The fees of an online MBA are cheaper than those of a traditional MBA, which benefits students.
  • Assist students in extending their horizons in the corporate world and become more aware of what is going on around them.
  • Students from all around the world can apply. This broadens the academic atmosphere and allows you to communicate with people from different countries. The best career options are available through online MBA degree programs.

Online MBA fees structure

One of the main reasons why students prefer an online MBA. is that it is one of the most inexpensive professional degrees that also offers significant job opportunities. It is an excellent value-for-money degree program.  

Particulars Description 
Course Fee Total Fees: INR 1,50,000 (all-inclusive)INR 37,500 per semester (includes an examination fee of INR 5,000)
Average Salary INR 4 lakhs to 15 lakhs and above

Required skills for MBA course

An aspirant must have these skills to apply for MBA programs and pursue an MBA degree:

  • Leadership skills

One of the most important attributes of MBA candidates is leadership. An MBA degree is designed for those who have or will hold positions of power in their company.

  • Problem Solving/Decision Making Skills

These skills are also essential to remain objective about the possibilities available. Communication with and assistance from different departments professionals help to develop critical thinking abilities.

  • Communication skills

To work in a reputable and top recruitment business, every applicant must have effective and efficient communication skills.

  • Presenting skills

One of the top attributes of MBA applicants is the ability to develop one’s analytical and presentation abilities.

  • Creativity & Innovation

If a candidate is creative and thinks outside the box, this will add value to the prospect’s CV.

Conclusion

Whatever path you choose for your career, both courses are investments that will contribute to the long run if you study the course well. Further, before deciding on which is better- MBA or PGDM- spend time researching all of your options and consulting with professionals about the institution where you want to pursue the course.

10 best career options after M.Com

COVID 19 has had a significant impact on the entire world. It left a lasting effect not only on health but also on the economy and finance.. As corporations struggle to manage their budgets, many of them are weeding out the brightest individuals while reducing the cost of operations.

Many individuals have realised the value of higher education during this period. Candidates with a strong résumé and good education after graduation have a slightly better probability of surviving in such emergency scenarios than others.

Students are normally perplexed by the prospect of deciding on a professional path after completing their M.Com. This article is ideal for you if you are looking for the best career options after M.Com.

10 best career options after M.Com

Here we have the list of best career options after M.Com with higher paychecks:

Job profileLowest packageAverage packageHighest package
Chartered Accountant Up to INR 4 lakhs per annumUp to INR 7 lakhs per annumUp to INR 40 lakhs per annum
ACCAUp to INR 5.5 lakhs per annumUp to INR 8 lakhs per annumUp to INR 50 lakhs per annum
Corporate Secretary Up to INR 1.8 lakhs per annumUp to INR 6.2 lakhs per annumUp to INR 23.6 lakhs per annum
Chief Financial Officer Up to INR 6 lakhs per annumUp to INR 13 lakhs per annumUp to INR 26 lakhs per annum
Investment Banker Up to INR 2.46 lakhs per annumUp to INR 9.61 lakhsUp to INR 30 lakhs
Tax ConsultantUp to INR 2.50 lakhs per annumUp to INR 9.5 lakhs per annumUp to INR 29 lakhs per annum
Financial AnalystUp to INR 3.01 lakhs per annumUp to INR 6.65 Lakhs per annumUp to INR 20 lakhs per annum
Company SecretaryUp to INR 2.9 lakhs per annumUp to INR 5.84 lakhs per annumUp to INR 10 lakhs per annum
Stock Broker Up to INR 1.5 lakhs per annumUp to INR 3.64 lakhs per annumUp to INR 6 lakhs per annum
Operations Manager  Up to INR 3.01 lakhs per annumUp to INR 8.1 lakhs per annumUp to INR 20 lakhs per annum

  1. Enrol in an MBA Programme

If you are seeking the best career options after M.Com, MBA or Masters in Business Administration is a popular higher education programme for students all around the globe. This two-year programme provides students with specialised and cross-functional management expertise. Students study a range of management art and science via research papers and case studies, which help them grasp real-life scenarios and improve their managerial and decision-making abilities in the corporate world.

Manipal University Jaipur offers an online MBA degree course that allows you to study at your own pace. Do visit the Online Manipal website to know more about the best career option after M.Com.

  1. Become a Chartered Accountant

CA, or Chartered Accountancy is unquestionably one of the best courses to pursue after finishing an M.Com. Students interested in taxes and accounting should seek out a CA to obtain proficiency in both topics. The programme enables students to gain and grow their knowledge in finance and taxes, and to improve their analytical and problem-solving abilities. To earn a CA certificate, one must go through three levels: Foundation, Intermediate, and Finals, as well as a 2.5-year articleship.

In India, the average income for CA graduates is Rs. 8-10 LPA.

  1. Enrol in an ACCA course

If you are good with numbers, ACCA can be a great career option after M.Com for you.

Qualifying with an ACCA certification can provide a good edge in terms of securing better employment prospects by providing insights into the professional industry you’re interested in.It qualifies you both academically and professionally to execute your duties as an accounting professional and to pursue attractive work options that may provide you with a good quality of life.

All of the information obtained from an ACCA professional level course assists you in achieving perfection within the corporate finance area. It also enables you to properly execute any position linked to the company and financial management concerns.

In India, the average salary for an ACCA professional is INR 8 LPA. 

  1. Become a Corporate Secretary

If you have good managerial skills and can play well with business finances, Corporate Secretary can be the best career option after M.Com for you

As the Corporate Secretary position affects every moving aspect of the entire organisation, a Corporate Secretary holds several vital responsibilities in keeping an organisation functioning and profitable. They are responsible for ensuring that the business remains in conformity with regulatory and legislative standards, and carrying out all decisions, amendments, and resolutions proposed by the Board of Directors. They are essentially the glue that ties the organisation together.

In India, the pay range for a CS is between INR 5 to 10 LPA.

  1. Chief Financial Officer

A Chief Financial Officer (CFO) is a financial expert in the management department of the company’s financial health. The CFO’s roles include building a top-tier finance and accounting team, ensuring balanced incomes and expenditures, monitoring FP&A operations, offering suggestions on mergers and acquisitions, acquiring financial assistance, working with heads of departments to evaluate accounting statements, craft budgets, attesting to the high precision of reports, and consulting with CEO on strategies.

In India, the pay range for a CFO is between INR 6 and 26 LPA.

  1. Chartered Financial Analyst

The CFA certification is issued by the CFA Institute and is the finest professional qualification in finance, making it the best career option after M.Com for those who want to pursue a career in the financial industry. 

CFA, or Chartered Financial Analyst, is a 2.5-year study in finance and investing. If a student wants to pursue a profession in finance or investing, this is the course to take. In this course, students will learn about financial analysis, derivatives, funds, bonds, investment, and portfolio management. A Chartered Financial Analyst’s average annual pay is INR 6.6 LPA.

  1. Investment Banker

The investment banker certificate course is intended to produce talented banking and investment professionals.

The CIB course focuses on the following areas: banking, finance, financial analysis, banking and corporate activities, reorganisations, listing, fundraising, IPO, mergers, transactions and LBO

In India, an investment banking professional may earn an annual income of INR 9.6 lakh.

  1. Tax Consultant

Tax Consultants assist their customers in saving money by making intelligent financial judgments on tax-related problems. They conduct interviews with customers to acquire information about their financial conditions and design methods to assist them to lower their tax burden by taking advantage of tax credits and deductions. Tax consultants guarantee that their clients meet their tax obligations and respect the law.

With an M.Com degree, you can work in a taxation consultant business; however, individuals from a law background are preferred by taxation organisations to handle legal tax concerns.

In India, the average annual income of a tax consultant job is INR 9.5 lakh.

  1. Stock Broker

A stockbroker is an authorised professional who gives financial advice to shareholders. Furthermore, stockbrokers carry out stock transactions on behalf of shareholders, such as the selling or acquisition of stocks, debentures, and other financial assets. In exchange for their services, stockbrokers receive commissions or a fee.

In India, a stockbroker’s average salary is starting around INR 4 lakh.

  1. Government jobs for M.Com graduates

The government sector offers the best career options after M.Com at all levels. A government job begins with becoming an officer in a government bank or a corporation in the finance, accounting, and management department of the commerce industry. If a candidate wants to advance in a government job, obtaining an M.Com degree from an accredited institution is the ideal choice.

There are several M.Com job opportunities in the government banking business. Let’s take a look at the government jobs for M.Com freshers in the financial sphere:

  • SBI PO

SBI (State Bank of India) runs the SBI PO competitive test for Probationary Officers. The assessment is conducted every year for the students.

The test only consists of three stages.

  1. Preliminary Examination
  2. Main Examination
  3. Personal Interview or Group Discussion 

Salary: The base pay of a Probationary Officer is INR 27,620 per month. It will increase as you acquire job experience.

  • RBI Grade B Officer

Every year, the Reserve Bank of India holds the RBI Grade B Officer Examinations. This test is for individuals interested in becoming Grade B officers at the premier banking regulator in India. The RBI conducts tests for officers and office assistants in a number of areas.

The test consists of two stages.

  1. Preliminary Examination
  2. The main examination

Salary: The salary of RBI Grade B Officers is the highest of any government or banking employment in the nation. The remuneration of an RBI Grade B official is INR 77,000/-.

  • IBPS PO

The Institute of Banking Personnel Selection (IBPS) conducts three-part exams for the position of Probationary Officer (PO) in all public sector banks.

The job description will call for the individual to do general banking, clerical oversight, and other bank administration-related tasks.

The exam takes in the three stages 

  • Preliminary examination
  • Mains examination
  • Interview round

Salary:  IBPS Probationary Officers (POs) are entitled to a base salary of INR 23,700 following the 7th Pay Commission, along with benefits such as DA, HRA, and others.

Required skills for M.Com jobs

Maths skills

You must have great numeracy abilities to have a successful job in a business-related sector. You’re probably aware that employment in finance, data management, taxation, and banking take your proficiency with numbers into account when hiring. You should be able to interpret and work with numerical and graphical data, make conclusions, and explain your results.

Communication skills

Given the well-paying standards and development potential of management professions, most commerce students choose a career with a corporate organisation.Working as a multinational corporate honcho now necessitates that you be a great communicator as well as a competent manager.

Thus, communication skills are acknowledged as a must-have professional ability for commerce students. From customer management to internal team management to boardroom presentations, a commerce student must master communication skills.

Problem-solving skills

Almost all businesses want to recruit problem-solvers for all M.Com job openings. All commerce graduates are expected to be able to devise realistic, cost-effective solutions. Remember that all services available today are nothing more than answers to some of our day-to-day difficulties. Excellent problem-solving abilities demonstrate how effectively you execute in different case situations.

Leadership skills

The commerce graduation courses are designed for people who wish to become leaders and work as part of a team to achieve a common objective. Because the corporate world is all about teamwork and leadership, you must be an effective team manager and leader. Employers like to recruit team players who will ultimately become exceptional team leaders rather than lone coyotes.

Online M.Com: A smart approach to get educated

We live in an era when professionals with M.Com are sought after by many sectors and industries. Everyone, from a new graduate to a working professional, can now pursue an M.Com course online. Here we have listed some of the key differences to know why online M.Com is a smart approach to get educated.

M.Com online classesM.Com regular classes
Learn from anywhere across the globeLocation-specific learning
No more getting stuck in traffic jamsCommute can be hectic
Time savingHuge loss of time
Access to great visual tools for faster learningEasy access to learning tools is limited in the campus
Highly skilled mentors and teachersLimited number of teachers to choose from
Great flexibility with convenienceRigid learning schedules and inconvenience
Better focusHigh chances of distraction
Convenient doubt clearing sessionsInconvenient doubt clearing session

Why should I enrol for online M.Com course

1. Flexibility

The biggest advantage of taking an online M.Com degree is the freedom in pursuing a career amid work schedule and other commitments. For example, if you are an elite golfer and want to devote time to this sector of life, an online M.Com programme will provide you with plenty of time to perfect your skill.

2. Overcome geographical limitations

Geography or location is crucial in obtaining a good education. Due to their locality, students are often limited in their choice of institution for an M.Com programme. However, when it comes to online classes, this is no longer an issue. You may live in a small town and yet enrol in an internationally accredited online M.Com programme from Manipal University Jaipur through Online Manipal.

3. A pleasant learning environment

Online education allows you to take courses from anywhere, at any time – whether it’s your house, a coffee shop, or a library. All you need is a high-speed, consistent internet connection and a laptop/smartphone/tablet.

4. Global interaction

Students from all around the world enrol in an approved institution like Manipal University Jaipur which offers an online M.Com programme. This makes the academic atmosphere more inclusive and enables you to engage with individuals from other countries. It’s a terrific opportunity to meet new people while also learning about various cultures. Thus, online M.com degree programmes offer you the best job opportunities across the globe

Pursuing an online M.Com from Manipal University Jaipur

Online Manipal’s Masters of Commerce (M.Com) is a two-year postgraduate degree programme structured into four semesters. Online M.Com is a degree programme where students acquire knowledge to get the best M.Com job opportunities in banking, finance, insurance, accounting, and other commerce-related industries.

Eligibility Requirement to get admission in Online M.Com

  • Candidates must have a 10+2 certification and a bachelor’s degree in commerce, or any comparable qualification, from an AIU-approved university/institution
  • Candidates must have at least a 50 percent aggregate mark in their graduation
  • Candidates from reserved categories must have 45 per cent aggregate marks in their graduation to be admitted to the M.Com programme.

Conclusion

In this article, we have discussed some of the best career options after M.Com and the highest-paying positions for a commerce student. So, if the business is one’s vocation, they don’t have to defy traditions and numerous cultural constraints. Look for opportunities and seek the best M.Com job opportunities you wish to work in this VUCA world and sail with high grades. One must explore for the passion that entices them.

B.Com vs BBA: Which is a better option after 12th?

Choosing a course to pursue is a difficult decision for students. Another challenge for students with a commerce or business background is deciding to choose a B.Com or a BBA as their undergraduate degree. Students often struggle with the BBA vs B.Com debate when it comes to deciding the right programme to fulfil the post-graduation objectives and ambitions. 

There are several significant differences between the courses that you should be aware of. Understanding the difference between BBA and B.Com will ease you in determining either BBA or B.Com for your undergraduate study.

This article gives you an outlook for BBA or B.Com which is better as a stream for a promising career.

What is a BBA Course?

The Bachelor of Business Administration degree is designed for individuals who desire to work in management. The BBA programme lasts three years and provides a solid foundation in business administration. You will learn about all organisational processes, as well as how to manage and expand them. The course includes hands-on activities that will help students build their entrepreneurial abilities.

What is a B.Com Course?

The Bachelor of Commerce degree is a three-year programme designed to provide a solid foundation in the business world. It is one of the most popular degree programmes in India, with practically all colleges offering it. Students with this degree qualify for financial, accounting, and secretarial careers in different sectors.

BBA vs BCom: Course curriculum comparison

Course curriculum BBAB.Com
Semester-1Marketing Principles and Management
Business Accounting
Micro Economics
Principles and Practices of Management
Fundamentals of Business Statistics
Fundamentals of Business Mathematics
Commercial Law
General English
Fundamentals of Computers
Environmental Studies
Environmental Studies
Financial Accounting
Business Organisation and Management
English Language
Semester-2Cost and Management Accounting
Business Communication
Macro Economics
Mercantile Law
Mathematics for Management
Statistics for Management
Export Management and Procedure
Organisation Behavior
Professional Competencies in IT
Language: English/Hindi/Modern Indian Language
Business Law
Business Mathematics and Statistics
Semester-3Basic Accounting
Marketing of Services
Operation Research
Business Environment
Research Methodology
Business Laws
Banking & Insurance
Human Resource Management
Personality Development
Company Law
Income Tax Law and Practice
Hindi/ Modern Indian Language
Computer Applications in Business
Semester-4Consumer Behavior
Company Regulation
Managerial Economics
Production and Operation Management
Basic informatics for Management
Financial Management
Corporate Law
Operation Research
Indian Financial System
Cost Accounting
Business Communication (English/Hindi)
Corporate Accounting
Cost Accounting
E-Commerce
Semester-5Event Management
Organisational Behavior
Rural Marketing
Intellectual Property Rights and Industrial Laws
Stock Market Operations
Industrial Relations
Business Research Methods
Brand & Product Management
Operations Management
E-Commerce
Environment Science and Human Rights
Entrepreneurship
Principles of Microeconomics
Any one the following:
a. Human Resource Management
b. Principles of Marketing
c. Auditing and Corporate Governance
Any one of the following:
a. Fundamentals of Financial Management
b. Indirect Tax Laws
Semester-6Introduction to Computer and Management Information System
Retail concept and strategies
Environmental Management
Entrepreneurship
Strategic Management
Communication Skills and Personality Development
Personal Selling and Salesmanship
Indian Economy
Any one of the following:
a. Corporate Tax Planning
b. Banking and Insurance
c. Management Accounting
d. Computerised Accounting System
Any one of the following discipline-specific electives:
a. International Business
b. Office Management and Secretarial Practice
c. Fundamentals of Investment
d. Consumer Protection

Career scope and job opportunities in BBA and B.Com

It’s essential to understand whether or not your degree will land you a job. Job scope will also help you understand BBA or BCom which is better. Check out the following comparison to know the industries that become available to you.

Salary Packages for B.Com graduates

After completing B.Com the opportunities of landing a good job with a good salary are quite high. However, salary packages may differ depending on the graduates’ talents and job experience.

ProfileAverage Starting Salary
Jr. AccountantINR 2,00,000 
AccountantINR 3,00,000
Account ExecutiveINR 2,65,000
Business ExecutiveINR 2,50,000
Financial AnalystINR 5,00,000
Tax ConsultantINR 5,00,000
Financial ConsultantINR 6,28,000
Accounts ManagerINR 5,80,000
Business ConsultantINR 9,00,000
Finance ManagerINR 9,00,000
Financial AnalystINR 5,00,000
Chartered AccountantINR 7,00,000
Company SecretaryINR 6,25,000 

Job opportunities after BCom

Chartered Accountant: A Chartered Accountant maintains the organisation’s finances, assessing taxes, and offering financial advice to the company. It is a highly paid and highly regarded job in any sector. 

In India, the average salary for a Chartered Accountant is INR 7 lakhs.

Cost Accountant: The Cost Accountant outlines the firm’s yearly budget. It is also a highly sought-after job route that may lead to a prosperous career.

In India, the average salary for a  Cost Accountant is INR 7 lakhs.

Company Secretary: One of the most crucial jobs in any firm is that of the company secretary. They are responsible for directing the company’s day-to-day operations, administrative tasks, legal activities, and other critical functions. It is a highly prized job in any company.

In India, the average salary for a Company Secretary is INR 6.25 lakhs.

Cost and Management Accountants: CMAs’ job descriptions include developing plans for the company’s growth and profit improvement.

In India, the average salary for a Cost and Management Accountant is INR 7.1 lakhs.

Financial Manager: A Financial Manager is in charge of the company’s financial resources and ensuring that they are used properly. They are also accountable for the company’s earnings and losses.

In India, the average salary for a Financial Manager is INR 9 lakhs.

Salary packages for BBA graduates

BBA degrees are in great demand in every field. Across sectors, there are many jobs after BBA with good salary. Graduates with a BBA degree excel in these fields:

ProfileAverage Starting Salary 
Financial AnalystINR 3,35,000
Human Resource (HR) ManagerINR 5,95,000
Operations ManagerINR 7,10,000 
Marketing ManagerINR 5,87,000
Business Development ManagerINR 5,66,000 
Marketing ExecutiveINR 2,75,000
Executive AssistantINR 3,14,000 

Job opportunities after BBA

Human Resource Manager: A Manager’s work in a firm is critical since he or she will be tasked with hiring efficient staff and looking after employee interests. The Human Resource Manager contributes to the organisation’s development and increases worker efficiency.

In India, a Human Resource Manager can earn an annual income of INR 5.95 lakhs.

Operations Team Leader: The Operations Team Leader is in charge of the services supplied by the businesses to its customers as well as the upkeep of firms’ assets and resources.

In India, an Operation Team Leader earns INR 7.10 lakhs.

Project Manager: The Project Manager manages the work of the workers and reports to higher authorities on the development of the organisation’s initiatives.

The average salary of a Project Manager in India is INR 14.5 lakhs.

Solutions Applications Product Consultant: A SAP Consultant directs an organisation’s use of SAP software. The consultant is also in charge of keeping the organisation up to date on the newest improvements and technical breakthroughs in the sector.

The average salary of a Solutions Applications Product Consultant in India is INR 8.57 lakhs.

Business Development Executive: The executive is in charge of researching market trends and developing plans to assist the company to expand.

In India, the average salary for a Business Development Executive is INR 5.66 lakhs.

Scope after BBA

There are several options for expertise in business management and administration; here is a list of the top courses to help you decide BBA or BCom which is better? 

General MBA

Accounting, Funds Management, Financial Management, Marketing Strategies, Operations Management, and Human Resource Management are disciplines included in a general MBA curriculum.

Specialised MBA – 

MBA with specialisation entails the study of essential management concepts, similar to the generalised MBA course, but concentrating on major subjects. Human Resource, Finance, Information Technology, Marketing Management and International Business are among the most common disciplines taken by MBA students.

  • MBA in HR – A student seeking an MBA in HR is trained in employee management, which works with recruitment and training personnel, as well as developing procedures for addressing an organisation’s staff.
  • MBA in IT – An MBA in IT will enable graduates with the skills and abilities needed to handle the technology linked with the organisation. It is one of the most wanted fields and is critical to an organisation’s success. The course includes information security, system analysis, and the recent technology advancements in the corporate world.
  • MBA in Finance –Students enrolled in an MBA Programme with a Finance concentration will study running a firm’s economic and financial elements. This course will be especially useful for those skilled in maths or interested in numbers. The course covers various topics like local and global economies, investments and strategies, mergers and acquisitions, and so on.
  • MBA in Marketing Management – An MBA in Marketing Management will concentrate on the features of a company’s marketing department. Students will study fundamental marketing management and the technical and soft skills required for a job in the sector.

BBA Vs B. Com: Technical skill sets

Students must have the technical knowledge to excel in the course and their careers. The technical expertise demanded BBA and B. Com are:

BBA technical skills 

Computer skills — A BBA degree demands you to be technologically proficient. Throughout the course, you will be completing a lot of work on the computer. Most BBA professions are also technologically sophisticated, therefore you must be proficient with computers.

Analytical skills — As part of your education, the BBA degree needs you to complete a lot of analysis. You will also master sophisticated analytical software, which is now a need for most management roles.

Presentation skills — Making presentations is an essential aspect of the BBA degree programmes and all connected jobs. Presentations are a common and efficient form of visual communication in the business.

Accounting skills — As part of the BBA programme, you will learn about all areas of running a company, including accounting. To succeed, you must be naturally gifted with numbers.

Digital Marketing skills — Digital marketing is the latest buzzword. Digital marketing will be a vital element of most management roles, you must be familiar with all features involved, such as SEO, SEM, SMM, AdWords etc.

B.Com Technical skills

Computer skills – All professional learning, including the B.Com. degree programme, is now computer-based. You must be adept in the use of computers and other software programmes that will benefit you in your studies.

Accounting skills — Accounting is a vital component of B.Com. Many go on to pursue jobs in accounting. To thrive in your job, you must be strong with numbers.

Taxation skills — Another vital element in B.Com is taxation. You must have a strong knowledge of the country’s tax system, including its laws and regulations as well as its applications. Tax knowledge will offer you a variety of professional opportunities.

Analytical skills — Analysing figures, laws, and regulations, as well as utilising analytical software, are significant parts of the course and professions, therefore you must be able to do analyses.

Research skills – B.Com is a theoretical subject that necessitates extensive investigation. To perform well in the course, you must have solid research skills.

BBA Vs BCom: Personal skill sets

BBA personal skills

  • Communication skills — The most essential skill to have is communication skills. You will perform well in all parts of life if you are a skilled communicator. Good communication is the fuel that powers other talents and boosts your confidence.
  • Teamwork skills — The contemporary BBA degree needs you to operate as part of a team, just as you would in your profession. You will be working in groups, and in order to complete the job and flourish, you must be able to work well with others.
  • Leadership skills — Because the BBA degree programme leads to management and administrative jobs, you must be a competent leader. Your profession will want you to manage employees, departments, and operations.
  • Public engaging skills —  Organising conferences, giving speeches, and meeting new individuals will just need solid public engaging skills. Public speakers who are good at what they do fare well in their jobs.
  • Marketing skills — BBA students must be able to market their goods and services, as well as their competencies. Thus, marketing skills are extremely vital.

B.Com personal skills

  • Teamwork — B.Com students are required to work in groups. Even if you work professionally, you will be assigned to a large department. So, to work and achieve, collaboration skills are required.
  • Time management skills — Completing work on time, checking people on scheduled dates and times, completing projects on time and other time bound activities are pivotal in any workplace. Your ability to manage your time will serve you well in your education and profession.
  • Critical thinking skills — B. Com is an academic course requiring critical thinking skills. A significant amount of theory must be learned and understood. The theory will benefit you and help you develop your critical thinking abilities. It will also assist you in doing effective research and analysis in your education and profession.
  • Ability to solve problems — You will be asked to address industry-related challenges as part of your B.Com study, which will prepare you for your profession. Problem-solving abilities will serve you well in your work as well.
  • Communication Skills — Communication skills are important personal traits  not only for your career but also in everyday life. Thus, you must learn to communicate effectively if you are to succeed in all parts of life.

Eligibility and admission process of BBA and B.Com

Eligibility criteria for B.Com course: 

To obtain a B.Com after Class 12th, the student must have completed 12th class in the commerce or any other stream with a grade point average of 50 per cent.

Eligibility criteria for BBA course:

Students having a cumulative grade point average of 50 per cent in any subject may pursue a bachelor’s degree in Business Administration. However, some universities favour individuals who have a strong background in mathematics.

Admission process:

B.Com:

Most institutions accept candidates for BCom admissions based on their Class 12th grade point average. However, certain institutions may hold entrance examinations.

BBA:

Most universities that accept applications for BBA admission prefer that applicants take an entrance exam apart from the high school grades.

Course fee and duration of BBA and B.Com course:

As BBA is a more professional course, fees are often higher than B.Com. The costs for BBA vary from 80,000 to INR 2,50,000 per year, for B.Com range from 20,000 to INR 1,00,00 per year. The fees vary depending on the type of institution. Private institutes incur more fees than government institutes.

CourseBBA B.Com
Duration3 years3 years

BBA or BCom: which is better?

Choosing between BBA and B.Com can be a difficult decision. Here are the fundamental reasons to comprehend between BBA and B.Com

  • While BBA is available in various areas of expertise ranging from marketing to travel and tourism, entertainment, communications, and many more, B.Com is primarily focused on commerce courses and specialisations. So, if you want to study business and management in the context of the commercial world and global commerce, B.Com is an excellent choice.
  • BBA is ideal for people who want to follow a specific management speciality such as Banking and Finance, Human Resource Management, Digital Marketing, Tourism Management, or Media and Communications.
  • If you are considering a career in commerce, want to study in-depth many elements of the profession, and are also interested in numbers, B.Com may be an excellent option for you.
  • If you are simply interested in a management job and want to build the necessary abilities to enter the management profession, a BBA may be the better option.
  • When eligibility is considered, BBA may be easier to obtain admission to, as students from practically all streams are permitted to enrol in the programme.
  • Enrollment to a B.Com (Hons.) degree can be tough as colleges may have tougher qualifying requirements.

However, the difference between B.Com and BBA can be characterised by the fact that a candidate wishes the course in terms of a future goal(s). It is an opportune decision to take BBA if you want to pursue a career in management. The applicant’s confidence in the competencies connected to business and management determines a propensity to pursue BBA.

Along with this, you can pursue an MBA degree course after B.Com, however, MBA shows to be more helpful if accompanied by a BBA background. So, enrol for BBA after 10+2 if your primary purpose is to become an MBA graduate. You can enrol in the online B.Com course if you are interested in studying finance and economics. This curriculum will help in obtaining different skills within the bachelor’s degree.BCom is a more specialised degree, but BBA is a better option for those who want to take a management course later on and want to hone their business skills. Thus, it is always best to assess your potential, abilities, and interests before deciding which is better – BBA or BCom.

Best Career Options After B.Com: Jobs, Salary & Courses in 2022

College years are the finest time of a student’s life. But one has to walk into reality sooner or later. The move from an undergraduate to a working professional may be nerve-wracking. Despite your university’s offer of campus recruitment, it is important to know about the jobs after B.Com.

Now, some individuals choose to get into the profession immediately after graduation while others opt to study more courses after B.Com that can assist in boosting their career.

So, in this article, we will explore the job opportunities after B.Com and the best courses after B.Com you can apply to.

What is a B.Com course?

B. Com or Bachelor of Commerce programme is a three-year undergraduate degree course accepted by the University Grants Commission (UGC). Along with the full-time delivery option, one can also take distance B. Com or an online B. Com course. It is one of the most popular degrees amongst the Class 12 students in the commerce stream. B. Com has been the third most demanded undergraduate degree in India.

Industries having B.Com jobs

There are a plethora of jobs after B. Com, in both private and government sectors, that students can look for:

  • Industries that offer jobs after B.Com
  • Accounting and Auditing
  • Tax Advisory Service
  • Financial Service
  • Commercial Banking
  • International Banking
  • Insurance Service
  • Telecommunication Service and BPO’s
  • Manufacturing Service
  • Government Service
  • Policy Planning
  • Educational Institute
  • Automobiles Services
  • Information Technology
  • Media

Job titles for B.Com grads 

There are several jobs after B.Com available to students. You can consider these titles for a reliable career opportunity in the future.

  • Job Titles
  • Chartered Accountant (CA)
  • Marketing Manager
  • Investment Banker
  • Human Resource Manager
  • Chartered Financial Analyst (CFA)
  • Certified Public Accountant (CPA)
  • Actuary
  • Cost Accountant
  • Business Accountant and Taxation
  • Retail Manager
  • Company Secretary
  • Personal Financial Advisor
  • Research Analyst
  • Chief Executive Officer (CEO)
  • Entrepreneur

What is the average salary after B.Com?

In India, the average payout for B.Com graduates is INR 275,000 per year. Entry-level salaries start at INR 236,000 per year, with most experienced personnel earning up to INR 1,950,000 per year.

Salary packages for B.Com graduates

Job titleAverage Salary (per annum)
AccountantINR 243,854
Financial AnalystINR 431,556
Finance ManagerINR 997,146
Account ExecutiveINR 251,286
Operations ManagerINR 714,764
Senior AccountantINR 444,733
Human Resources (HR) ManagerINR 688,541
Account ManagerINR 537,057
Executive AssistantINR 409,723
Senior Financial AnalystINR 596,316
Accounts AssistantINR 208,640
Senior Account ExecutiveINR 382,074
Operations Team LeaderINR 529,814
Business Development ManagerINR 558,687

After completing a B.Com, the chances of landing a good job with a good salary are quite high. However, salary packages may differ depending on the graduates’ talents and job experience.

Government jobs & salary for B.Com graduates 

B.Com degrees are in great demand in every government field. The majority of research and scientific institutes demand B.Com grads. Government jobs after B.Com are highly lucrative careers. There are many jobs after B.Com and good salaries in the government sector. Graduates with a B.Com degree excel in their respective fields:

Top government companiesJob profilesSalary
Institute Of Banking Personnel SelectionProbationary OfficerINR 360,000
State Bank Of IndiaClerkINR 300,000
Reserve Bank Of IndiaRBI Grade B OfficerINR 450,000
State Bank Of IndiaProbationary OfficerINR 300,000
Ministry Of Commerce and IndustryCompany SecretaryINR 300,000

International jobs & salary for B.Com graduates

There are many jobs after B.Com in the fields of business, management, marketing, and finance. After completing the B.Com, you can choose a field of your interest. Each field has advantages and will be suitable for you.

Some of the best job opportunities after B.Com can include

  1. Investment Banker
  2. Finance Advisor
  3. Business Development Manager
  4. Operations Manager 
  5. Business Analyst
  6. Accountant
  7. Employees Relations Manager
  8. Marketing Associate

The salary for each of the jobs after B.Com varies. You can earn anywhere between USD 50,000 to USD 100,000 yearly.

Here are some of the countries to find the best career options after B.Com

  1. Australia
  2. Ireland 
  3. France
  4. New Zealand
  5. Honduras 
  6. Switzerland
  7. South Korea
  8. UAE

What is the total fees of B.Com? 

One of the main reasons why so many students select B.Com is that it is one of the most inexpensive graduate degrees that also offers significant employment opportunities. It is an excellent value-for-money. Most B.Com degree programmes are priced between INR 10,000 and INR 50,000. The fee structure may vary, and most universities allow you to pay a fixed amount every year in instalments.

Online B.Com degree Course Fees

Total Tuition feesINR 80,000
Fee per semesterINR 13,333

B.Com financing options offered by Manipal University Jaipur:

Manipal University Jaipur provides financing options for fee payment. The major features of B.Com financing options include:

  • Low rate of interest with payback terms ranging from 5 to 15 years.
  • Education loans
  • Durations of moratorium ranging from six months to a year
  • Income Tax Advantages

What other courses can be done after B.Com?

There are several courses available after B.Com that can help you enhance your expertise and increase your earnings. Then the question arises which one is the most valuable course. Because these courses after B. Com are investments in your future, all of the knowledge you get in your early years considerably improves your chances to acquire better-paying positions in the future.

Thus, you must carefully consider the courses available following B.Com degree. When making a decision, you must consider the following factors:

  • Advantages and disadvantages
  • Preferences and pursuits
  • Eligibility criteria
  • Financial assistance/money spent

Courses after B.Com that you can consider

Master of Commerce (M.Com)

If you want to join the academic side of the business sector, an M.Com degree might be extremely useful for you.

The course content extends to the areas covered in your B.Com. Thus, you will have a good understanding of the subject matter taught to you. So, if you’re thinking of getting an M.Com let us get into it. You can explore various career options after M.Com with a decent salary.

Master of Business Administration (MBA)

If you want to make your career in the business field, an MBA is the best option, which you can pursue after earning your B.Com degree. If you are still thinking about what to do after a B.Com, an MBA course from a reputable institution will open the doors of success. To get admission to the best college, you must take the CAT or other alternative MBA test considered by the college you choose.

You can also check out the online MBA course offered by Manipal University Jaipur to get more details about the course

Bachelor of Education (B.Ed)

A Bachelor of Education is a postgraduate teaching degree that may help you build a prosperous academic career. You are qualified for this course if your graduation scores are about 50-55 per cent from a recognised institution in India. This course is considered as one of the excellent courses after B.Com other than MBA.

Chartered Accountancy (CA)

You should know that Chartered Accountancy is hailed as one of the best available professional course after B.Com. Accounting students have a comprehensive understanding of accounting, auditing, and taxes. To complete this course, you must pass the CA test, which includes five tries and three stages: CA Foundation, CA Intermediate, and CA Final.

After passing the test, you will have an excellent career with a paycheck that will allow you to live a wealthy life. However, qualifying for a CA test is a little difficult – becoming a CA requires commitment and effort.

Company Secretary (CS)

CS courses are available for students interested in the company’s stock and investment management. It is one of the most prestigious and higher degree courses. Most individuals pick it to do with or after a B.Com. CS is a difficult subject to master, and passing the test requires a great deal of devotion and work. A corporate secretary serves as an important contact between the corporation and its shareholders. The corporate secretary manages the company’s stock trading.

Chartered Financial Analyst (CFA)

The Certified Financial Analyst (CFA) academic programme is designed for individuals interested in the financial system and investment. If you wish to work in this sector, you must clear the CFA test. Students enrolled in the CFA programme will study fundamental accounting standards, corporate practices, economic policies, and circumstances, among other things. CFA is also the best job opportunity after B.Com for individuals considering what to pursue following a B.Com degree.

Business Accounting and Taxation (BAT)

Accounting and taxation courses are designed by industry experts to prepare students for accounting jobs. It’s a fantastic short-term course following B.Com. This course is a hands-on, immersive learning programme that will teach you how to use some of the most in-demand technologies in the accounting and taxation industries.

Certified Management Accountant (CMA)

If you want to go worldwide, CMA is the ideal professional course following a B.Com. You will be expected to pass two exams in this course. Learning this course will increase your professional skills in financial management, administration, analysis, data integration, and all other components of accounting management.

Certified Public Accounting (CPA)

This programme is delivered by the American Institute of Certified Public Accountants and is one of the best courses after B.Com. To learn this course, you must have a grasp of widely accepted accounting concepts.

CPAs are responsible for educating investors about the financial health of corporations and organisations by providing financial statement audits and other attestation services. They also provide financial planning guidance to both individuals and businesses. Their primary responsibility is to offer financial reporting and advising services to promote economic progress.

Financial Risk Management (FRM)

Financial Risk Manager certification is a worldwide recognised credential in the banking and finance area offered by GARP, USA. After a B.Com, FRM is a short-term professional course that opens the door to many best jobs after B.Com in trading, risk management, structure, modelling and more.

Association of Chartered Certified Accountants (ACCA)

This course will assist you in refining your abilities in accounting, banking, management, and consulting. It also provides a significant edge in competitive senior posts and is an excellent career choice after B.Com.

Certified Financial Planner (CFP)

Certified Financial Planner is a six-month course that prepares graduates for careers as financial consultants and insurance consultants. The CFP credentials include certificates in taxes, estate planning, insurance, retirement planning, and financial planning. An authorised financial planner offers services such as investment strategies, insurance selections, tax concerns, and specialised financial guidance.

Certificate in Investment Banking (CIB

A certificate in investment banking is one of the best job opportunities after B.Com. In this course, your objective is to assist customers with expertise in generating money by issuing debt and selling equity in the firm.

The Certificate in Investment Banking (CIB) is a worldwide certification test intended to assess your knowledge, awareness, and abilities in investment banking.

Required skills for B.Com course

There are skills essential to advance in one’s career after a B.Com course. These skills will assist you in succeeding in your career.

Communication skills – Communication skills are vital as you will be dealing with numerous individuals throughout the course and throughout your career.

Accounting knowledge – Accounting is a major topic in B.Com. It has a significant impact on the grades you get, the career you choose, and the pay you make.

Presentation skills – This is a skill that is required in the majority of current B.Com programmes. You will have many presentation tasks throughout your course and career.

Management skills – Many graduates want to become managers. So, if you have good management expertise, you will be able to progress in your field.

Can I do my B.Com online?

Some of the key reasons for studying B.Com courses online are as follows:

  • The student will know about several topics that are not included in the curriculum.
  • There is no commute time necessary, which allows the learner to concentrate with more vitality.
  • The course is self-paced, so students may study at their speed without feeling pressured to compete with other students.
  • The costs are lower than in an offline lesson, which benefits the students.
  • Assist students in broadening their horizons in the world of business and gaining a better awareness of what is going on around them.
  • Students can enroll from all around the globe. This broadens the academic environment and allows you to interact with people from various nations. 
  • Online B.Com degree programmes enable you to find the best job opportunities.

Is an Online Manipal degree valid?

Yes, the Online Manipal degree is valid for the following reasons:

  • The UGC and other legally authorised organisations have approved the Online Manipal degree programmes.
  • Manipal University Jaipur started offering selected programmes online from 2020.
  • Online Manipal offers full-fledged programmes, learning opportunities, and e-learning material, all of which are linked or given over the internet via technology and other sources.
  • Examinations at Online Manipal will be conducted online through remote proctoring.
  • Degrees from Manipal University Jaipur are widely recognised by government entities, departments, business organisations, higher education institutions for employment and higher studies in India and abroad.

How to enrol for online B.Com course at Manipal University Jaipur

  • Visit B.Com course page on Online Manipal website
  • Fill out the application form with your details
  • Submit the necessary documents on the portal
  • Then, along with your academic fee, submit the form
  • Following the verification process, the Manipal University Jaipur will send you a confirmation email with login credentials to access student portal

Conclusion

We hope this article helped you to give a detailed insight on career after B.Com – jobs and salary information. Before enrolling in the programme, consider the duration, the difficulty level, and the fees structure of the course. Any of the courses after B.Com listed above will help you acquire a terrific job.

All you need is hard work, focus with a smart study plan.

How to get a B.Com degree through online mode

What is a B.Com Course?

The Bachelor of Commerce is a three-year undergraduate degree program. For learners interested in pursuing a career in commerce, BCom is among the most prominent and sought-after courses. B.Com opens doors to careers in commerce, finance, accounting, banking, or insurance. Conventional Full-time courses, B.Com correspondence, B.Com distance learning and B.Com online study options are available for this program. In recent years, online B.Com courses have gained popularity, and with the coronavirus crisis, they are gaining even more traction. Online B.Com is a practical, simple, and cost-effective approach to earning a recognised certification. The course is specifically created for learners to learn without time or space constraints. An online B.Com degree provides learners with a solid understanding of business communications, accountancy, finances, and business law, among other topics. The degree provides general business skills and in-depth knowledge of finance and accounting.

Why Study B.Com Online?

Online education is becoming increasingly popular, with many realising its importance and utility, altering our perceptions of online learning. So, let’s look into the advantages of taking a B.Com course online.

  • Flexible approach 

The major advantage of an online B.Com program is the flexibility to work or pursue a passion while attending classes. If you’re already employed and want to keep working while pursuing a degree, an online B.Com degree is the way. Most online programs combine synchronous and asynchronous learning formats, giving you plenty of time to complete the program at your speed. You can change the sessions and project deadlines to suit your needs.

  • Get around geographical limitations

Proximity/geography plays a significant impact in obtaining an excellent education. Because of their place of residence, learners are frequently limited in their choices of colleges for a B.Com study. However, for online B.Com classes,  this is no longer an issue.

  • Affordable

Because you simply pay for tuition and potentially book supplies, an online B.Com degree is far cheaper than a traditional on-campus program. Additional expenses, such as commute, lodging, and other expenses, are avoided. For individuals struggling to get a quality education, it can be a big help.

  • Favourable learning atmosphere

Online education allows you to attend classes from any location, including your residence, a local cafe, or a park. You’ll need a laptop and a reliable, high-speed internet connection.

  • Exposure to the industry

Most online programs familiarise learners with real-world situations. The courses are tailored to provide industry experiences, with many projects and corporate encounters scheduled. This provides learners with a comprehensive view of the program and a glimpse of the job options available when they complete the program.

  •  Progression in your career

Many people choose to study for their B.Com online while working full time, and it’s a terrific way for them to qualify for a raise. In addition, many organisations only hire people with bachelor’s management positions. As a result, an online B.Com degree can lead to a raise and higher pay. Individuals who work and study at the same time can apply what they’ve learned in class to their current jobs.

  • Hone new abilities

If you are enrolled in a conventional B.Com program, you may not have time to study other skills required for success in the corporate sector, such as computer certifications, confidence-building classes, language training, and so on, if you are enrolled in a conventional B.Com program. However, with an online B.Com degree, you can use the time saved by not commuting and the program’s relaxed pace to polish your technological talents.

Benefits of Pursuing B.Com Online

Learners of commerce have a diverse range of job options, and if you work to your strengths, you’ll always have interesting roles to fill. Let us look at some benefits of pursuing B.Com:

  • Career development 

Earning a B.Com degree demonstrates perseverance, tenacity, intellectual power, and the capacity to deal with difficult situations, all desirable traits for managers and directors. Employees who have exhibited long-term success in a position that needs tenacity, discipline, leadership, and the ability to work effectively with others will be in line for advancement within their company.

  • Vast Job Titles 

After completing the course, B.Com graduates can choose from a variety of job profiles based on their qualifications and interests, including Accountant, Auditor, Consultant, Company Secretary, Business Analyst, Finance Officer, Sales Analyst, Junior Analyst, Tax Accountant, Stock Broker, Economist, Business Development Trainee, and so on.

  • Vast Job Areas

Learners with a B.Com degree have many options to develop their hidden talents. Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, Marketing, Working Capital Management, Treasury and Forex Department, Investment Banking, and many other fields are available for commerce graduates to explore.

  • Salary is attractive

Different commerce graduates earn a great wage package, which varies across different departments because of the various job profiles and many employment fields to investigate. Candidates with a few years of professional experience may be rewarded handsomely. Salaries are determined by business and the employment that a learner chooses as a career path.

To learn more, head over to as why B.Com degree is beneficial to a corporate career

How will B.Com classes take place?

Unlike Correspondence B.Com courses, online B.Com classes use a digital platform to instruct learners innovatively. Learners can use their phone, laptop, screen, or desktop to access the LMS. The Online LMS system provides additional learning videos, e-tutorials, digital study material, and other resources.

What are the prospects after pursuing B.Com Online?

A B.Com course is necessary for a commerce graduate in today’s world, but it is insufficient in the long run. After B.Com, one has to choose the correct courses after B.Com, to find high-paying professions. To have a well-established career following a B.Com degree, one must pursue post-graduation or specialised certification.

Higher Education Opportunities After B.Com

Following your B.Com, you can take various courses to develop your skills and raise your earnings. The question, then, is which one is the most worthwhile? Because you must view these programs as investments in your future, all the education you receive during your younger years will considerably boost your chances of getting better-paying jobs later on.

  • Masters of Business Administration
  • CA
  • M.Com
  • Financial Analyst
  • Certified Public Accounting (CPA)
  • Stock Management
  • Supply Chain Management
  • Data science
  • Investment banking
  • Financial Risk Management (FRM)
  • UPSC Examinations
  • Digital Marketing
  • Company Secretary (CS)
  • Bank Probationary Officer
  • Freelance

Career/Job Options after B.Com

After earning a B.Com, a learner can pursue various employment paths. Looking for job opportunities in the transdisciplinary commerce sectors can be very rewarding. Learners might look for job opportunities for commerce graduates in the following fields:

  • Banking
  • Company Secretary
  • Chartered Accountancy
  • Economics
  • Cost Work and Accountancy
  • Stock Broking
  • Agricultural Economics

What are the subjects in B.Com?

The online B.Com degree course is structured into six semesters, each with its own set of studies.

Subjects of Semester 1

  • Essentials of Management
  • Business Communication
  • Essentials of Financial Accounting
  • Micro Economics
  • Organisation Behaviour & HRM
  • Essentials of IT

Subjects of Semester 2

  • Advanced Financial Accounting
  • Principles of Marketing
  • Corporate Accounting
  • Macro Economics
  • Business Statistics for Decision Making
  • Environment and Disaster Management

Subjects of Semester 3

  • Business and Allied Law
  • Banking and Insurance
  • Financial Management
  • Cost Accounting
  • Audit-1
  • International Business and Import-Export Management 

Subjects of Semester 4

  • Corporate and Information Technology Law
  • Introduction to Analytics
  • Fundamentals of Taxation
  • Research Methodology
  • Audit-2
  • Management Accounting 

Subjects of Semester 5

  • Financial Institutions and Markets
  • Financial Statement Analysis
  • Indian Accounting Standards 
  • Investment Products and Analysis
  • Entrepreneurship Management
  • Project 

Subjects of Semester 6

  • Business Ethics and Corporate Governance
  • Strategic Management
  • Financial Modelling
  • Emerging Trends in Accountancy
  • Corporate Finance
  • Portfolio Management 

What are the total fees of B Com?

The total feed of B.Com depends entirely on the mode of degree you are pursuing, and it also varies depending upon the educational institution. However, online B.Com fees range from INR 10,000 to INR 1,00,000.

Is an Online Manipal degree valid?

Many learners enrol in Online Manipal’s online B.Com Program, which will help you develop your abilities and expertise in the business. A B.Com degree earned online is legitimate, and the UGC, NAAC, or other statutory bodies of the educational council have signed or approved the online B.Com degree. The online B.Com degree is approved by all banking exams, corporate sector, private organisations in all commercial sectors and is also accepted for higher education. Manipal Online University will educate you to be a successful, competent leader. The entire coursework has been developed so that a learner would progress in all aspects of the chosen field.

How to enrol for an online BCom Course at Manipal University Jaipur?

Apply to Manipal University Jaipur’s B.Com (Bachelors of Commerce) degree by following the procedures outlined below to complete the admission form in the proper format. It is recommended that learners thoroughly fill out the application form to avoid making mistakes.

  • As a registration price for the first phase, candidates must pay or submit a registration fee of Rs 500/-. (Fees paid will be deducted from the first-semester charge.)
  • Candidates can fill out the entrance application form for the BCom program on Online Manipal’s official website, www.onlinemanipal.com.
  • Candidates must submit the needed documents or information, such as personal information, academic information, ID proofs, qualifications, or other documentation and the BCom course fee for the online course.

Conclusion

B.Com graduates have many options for further education, certifications, corporate roles, or starting up. There is always scope for innovation. A career selected for its rewards will always be less fulfilling than one chosen for its passion. As a result, choose your path based on your preferences, situation, skills, limitations, and other factors. After considering these factors, you can make a more informed decision and get the most out of your Commerce degree. So, choose an online B.Com degree to advance your career.

Guide to B.Com course details: All you need to know

B.Com is a renowned undergraduate course with many job opportunities. It lays a strong foundation for prospective learners. The B.Com degree course aims to teach students analytical abilities, financial management, and business skills by emphasising conceptual topics.

If you’re thinking of studying for a Bachelor of Commerce, there’s much more you must consider making an intelligent selection. You should know the various details regarding B Com courses such as sorts of programmes, specialities, scope, fee structure, programme timeframe, qualification, enrolment, education, and job options. So, continue reading to learn ‘What is B.Com all about?‘ and everything you ought to understand regarding the course details.

Key points for B. Com course details

Particulars Details
B.Com full form Bachelor of Commerce
Course level Graduate
Course duration 3 years
Eligibility 12th pass
Course fee Ranging between INR 40,000 to INR 200,000
Examination type Semester pattern
Admission Admissions granted by University based on 12th score.
Average salary Starting salary range of INR 10,000 to INR 25,000 per month
Recruiting companies ICICI, HDFC, PwC, LIC, Bajaj Allianz, SBI, and more

What is a Bachelor Of Commerce (B.Com)?

B. Com, also referred to as Bachelor of Commerce, is a graduate degree that allows you to excel in commerce. The B.Com degree is typically pursued by individuals who have completed their 12th grade in commerce. After their 12th grade, even fine arts students can change disciplines and enrol in a B.Com. 

During the three-year B. Com programme, students will gain general business concepts while studying key commerce disciplines like finance, economics, accounting, actuarial studies, and business management. There are several types of B.Com degrees, such as-

  • B.Com (General)
  • B.Com (Honours)
  • B.Com (LLB)

While most students pursue a B.Com general degree, other possibilities are equally worthwhile. That will make sure you gain a lot of knowledge and help you get a solid career and life.

Eligibility criteria for B.Com course

Now, as you come to know about Bachelor of Commerce, let’s proceed further towards the eligibility needed to pursue this course. To be eligible to get B.Com admission, you must meet certain standards. The following are the requirements for enrolling in a B.Com course: 

  • There is no minimum age requirement for admission. Individuals of all ages, genders, and communities are encouraged to apply.
  • You must have completed your 12th grade in commerce. Students in the science and arts who have completed their 10+2 may enrol and switch streams in certain conditions.
  • Participants must also have studied maths and English.
  • You must have a grade point average over the college’s minimum cut-off percentage. This minimum percentage cut-off score is entirely determined by the institution of higher education.

Modes of pursuing B. Com course

There are three modes to pursue B. Com courses:

  • B.Com Online
  • B.Com Distance Education
  • B.Com Regular/Traditional B.Com

B.Com online is a three-year programme that teaches students about 

  • Business communication
  • Financial and corporate accounting
  • Business law and accounting

Candidates who cannot attend a traditional B.Com degree or who cannot pay the standard degree costs may consider B.Com online. You can enrol in an online B Com course provided by Online Manipal.

What are the prospects after pursuing B.Com?

In the overall job market, there is a strong demand for commerce graduates in the job market. Due to various educational possibilities and great adaptability, Commerce graduates have a better chance of landing a job. With a Bachelor of Commerce degree, a candidate is qualified to work in various industries, including:

  • Marketing
  • Banking
  • Public Accounting
  • Policy Planning
  • Consultancy
  • Investment Banking

After completing B.Com, students may pursue further higher education options.

Scope of B. Com graduates in India

Bachelor of Commerce has tremendous potential as there are many career and job possibilities. A B.Com degree will lead to jobs in financial services, banking, research, analysis, risk management, government, and taxation, among other fields. For countless 10+2 students, B.Com stays among the most popular options. A Bachelor of Commerce degree also prepares you for programmes such as MBA and Financial Management. Having a commerce foundation helps open the path to a great future. 

Higher education opportunities after B.Com

Students who have finished their degree in the commerce stream have a wide range of higher education alternatives. Students can pursue postgraduate studies in various fields, including economics, international studies, law, and the arts. MBA and M.Com are two of the most popular courses after B.Com. You need to have an overview of M.Com vs MBA before finalising on what to do after B.Com. Other than that, there are many higher studies options to do after B.Com:

  • Master of Business Administration (MBA)
  • M.Comp
  • Diploma in Banking and Financial 
  • Executive MBA
  • Executive Programme in Applied Finance 
  • International Postgraduate Diploma in Risk Management
  • LLB
  • Master in Financial Management 
  • Master in Management Studies 
  • Master in Retail Management
  • Master of Marketing Management 
  • Master’s Degree in HRD
  • Master’s Degree in Marketing
  • Master’s in Business Studies 
  • Masters in Financial Management
  • Masters Program in International Business 
  • CA
  • MCA
  • Postgraduate Management Diploma

Career areas to explore

After finishing a graduate degree in commerce; students have multiple employment opportunities, but not all B.Com graduates are familiar with the various paths they may pursue to develop a successful career. Let’s look at some of the career alternatives available after B.Com that you’ll want to pursue:

  • Chartered Accountancy (CA)
  • Company Secretary (CS)
  • Chartered Financial Analyst (CFA)
  • Business Accounting and Taxation (BAT)
  • Certified Management Accountant (CMA)
  • US Certified Public Accounting (CPA)
  • Financial Risk Manager (FRM)
  • Association of Chartered Certified Accountants (ACCA)
  • Certified Financial Planner
  • Certificate in Investment Banking (CIB)
  • Digital Marketing

Having such a wide array of opportunities might confuse you. Thus, this guide will help clear some of your doubts and let you make a better decision on what to do after B.Com.

B. Com course syllabus details

Corporate tax, financial law, economics, and accounting are among the topics included in the B.Com syllabus. Each B.Com subject carries a 100-point weightage, including a 20-point internal review and an 80-point external test. Over three years, subjects under the course are separated into six semesters. Candidates must take four core disciplines, like accounting, banking, and finance, and one elective per year, like English, economics, or philosophy. The primary subjects covered in Bachelor of Commerce are:

  • Accounting
  • Actuarial science
  • Advertising
  • Assurance
  • Business System Analysis
  • Banking
  • Business economics
  • Computers and Management Information Systems
  • Decision Analysis
  • Economics and Econometrics
  • Electronic Commerce
  • Entrepreneurship
  • Finance and Financial Markets
  • Government
  • Human Resources
  • Industrial Psychology
  • Information Management
  • Insurance
  • Labor Relations
  • Law
  • Logistics Management
  • Management
  • Management Science
  • Marketing and Communications
  • Operations Management
  • Organisational Studies
  • Politics and Public Policy
  • Supply Chain Management
  • Risk Management / Financial Risk Management
  • Strategic Management
  • Statistics
  • Taxation
  • Transport Economics

Keep reading to get more B.Com course details.

B.Com syllabus – Semester-wise breakdown

Aspirants can review the B.Com syllabus to get a good understanding of the modules and subjects included in this three-year course. The following are some modules and the subjects covered in the Bachelor of Commerce curriculum:

Syllabus of B.Com semester 1

  • Financial Accounting
  • Business Organisation & Management
  • Generic elective courses such as Principles of Microeconomics or New Venture Planning
  • Environmental Studies

Syllabus of B.Com semester 2

  • Language: English/Hindi/Modern Indian Language
  • Business Laws and Ethics
  • Generic elective courses like Principles of Macroeconomics or Economics of Regulation of Domestic and Foreign Exchange Markets
  • Business Mathematics and Statistics

Syllabus of B.Com semester 3

  • Company Law
  • Discipline-specific elective courses like Indian Economy or Financial Markets and Institutions, etc.

Syllabus of B.Com semester 4

  • Income Tax Laws
  • Skill-based electives like Banking and Insurance or Financial Analysis and Reporting

Syllabus of B.Com semester 5

  • Auditing and Corporate Governance
  • Discipline-specific elective courses like Principles of Marketing or Training and Development, etc.
  • Cost Accounting
  • Skill-based Elective courses like Computer Applications in Business or Advertising, etc.

Syllabus of B.Com semester 6

  • Fundamentals of Financial Management
  • Business Communication
  • Discipline-specific elective courses like –
    • International Business
    • Consumer Affairs and Customer Care, Organisational Behaviour
    • Entrepreneurship and Small Business
    • Office Management and Secretarial Practice
    • Corporate Tax Planning
    • Fundamentals of Investment
    • Management Accounting

Why should I choose B.Com?

B. Com graduates are in high demand, particularly when the economy improves. However, even when the economy isn’t doing well, B. Com graduates can still find work in different industries.

Earlier, people believed that a B. Com degree would only lead to clerical tasks, but this is no longer the case. A Bachelor of Commerce allows you to work in a wide range of fields. Some of the subjects in B.Com, such as accountancy, economics, industry, and financial and company management, are critical areas in a developing nation’s economy.

Moreover, you can pursue a variety of employment in a field you prefer.

Benefits of pursuing a B.Com

A B.Com course has many advantages. Many factors make B.Com attractive to students, from job options to income incentives. Make sure you’re aware of these benefits and get to know all B.Com course details before deciding on a degree programme following high school.

  • Career prospects

A B.Com degree teaches you all you need to know about how businesses work. You learn everything from accountancy to leadership. This makes you extremely accessible in various areas and gives you a wide range of job opportunities.

  • Salary 

B.Com graduates begin with a solid starting salary, which substantially rises as they gain experience. Compensation is also high, but it all relies on the industry and organisation where you get work.

  • Higher education

Students with a B.Com can enrol in courses such as CA, CS, CMA, MBA, and other advanced courses to enhance their capabilities and improve their potential earnings. Postgraduate courses like M.Com and MBA also help you improve your professional journey. These courses can assist you in moving up the corporate ladder.

  •  Job stability 

Bachelor of Commerce graduates work in businesses with a high level of job stability. The best example is the banking business. The government and other regulatory bodies keep a watchful eye on banks. As a result, employment losses and bank closures are unlikely.

  • Prepares for entrepreneurship 

Unlike any other bachelor’s degree, a B.Com degree equips students for both the corporate sector and entrepreneurship. The course equips students with commercial information that they may apply in the workplace. Several B.Com students can go into entrepreneurship and start their own companies. They know how to create and run a business and various other complex elements in running a business. 

Bachelor of Commerce fees structure

Compared to other undergraduate degrees, the cost of a B.Com is not very expensive. It is among the most cost-effective degree programmes. The fee entirely depends on the institution where you are pursuing your education. Compared to private institutions, government-aided academic institutions have reduced fees. The payment systems differ significantly. For all three years, the cost of your B.Com can vary from INR 10,000 to INR 100,000. However, some colleges offer extra advantages such as improved infrastructures, laptops, hostels and canteen facilities, placements, etc. Opting for B.Com online courses are best suited as these courses are pocket-friendly and feasible for everyone.

Required skills for B.Com course

Candidates interested in studying Online B.Com and those who are currently pursuing Bachelor of Commerce should have the following skills to boost their employability prospects and thrive in their careers:

  • Thinking analytically
  • Business valuation 
  • Communication skills
  • Financial intelligence
  • Negotiation skills 
  • Relationship management
  • Excellent technical abilities
  • Exceptional networking abilities
  • Leadership qualities
  • Confidence
  • Self-motivated 
  • Business development 
  • Research and quantitative skills 
  • Highly organised 
  • Proficiency with MS Office
  • Adaptability
B. Com Course Details

Online B.Com: A smart approach to get educated

Online B.Com choices continue to grow in popularity as costs decrease due to improved technology. The quality of teaching develops and improves. Online education is getting popular, rather than the exception for upcoming generations.

Along with B.Com course details, you must be well-versed with the benefits of pursuing an online BCom.

  • Flexibility 

Educators and students may set their own learning pace with online education. Also, with the additional privilege of being able to build a schedule for everyone, opting for an online Bachelor of Commerce provides a better work-study combination, so there’s no reason to compromise anything.

Additionally, online learning teaches you important time management skills, making it simpler to strike a solid work-study balance.

  • Cost-effective 

Online B.Com education is typically less expensive than traditional classroom instruction. Learners can make payments in instalments or per class. This enables more effective budgeting. You get the advantage of avoiding commuting and buying learning resources and books. So, the financial investment is lower, but the returns may be superior to alternative possibilities.

  • Customised learning 

Online B.Com classes are typically smaller than traditional classes, which allow for more contact and discussion between you and your teacher in virtually all circumstances. Tutors may typically access various resources online, including videos, photographs, and e-books. They can also use other media, such as forums or conversations, to enrich their teaching.

  • Accessibility 

You can learn or teach anywhere in the world with online education. This eliminates the need to travel from one location to another or adhere to a strict timetable. Online learning is also accessible from any place with an internet connection. So travelling won’t get in the way of your learning.

Pursuing online B.Com from Manipal University Jaipur

Manipal University Jaipur offers online courses in B.Com that combine the most recent innovations in business management with some of India’s greatest teachers to help you thrive in a variety of career paths. You can attend live and recorded lectures wherever you are and learn at your own pace. Also, you get the facility to explore a large e-library and get online access to study materials. Teaching methodology incorporates real-world case studies to help you improve and strengthen your critical thinking abilities. So, get all online B.Com course details, enrol in Online Manipal and make a smart choice for your future life.

Eligibility requirement to get admission in online B.Com at Manipal University Jaipur

To get B.Com admission in Manipal University, candidates should fulfil the following criteria:

Applicants must have completed a 10+2 from a recognised institution

OR

A three-year diploma (10+3) from a State or National board, or an equivalent degree recognised by the Association of Indian Universities in any domain

They should have at least 50% marks in aggregate (45 per cent for reserved categories).

Conclusion

Online B.Com degree provides an all-encompassing learning experience. It enables immersive knowledge and quick and easy access to efficient online education. If you’ve decided to pursue a B.Com, you’ve made a wise decision, as you’ve probably noticed that several reputable universities offer this degree.

Hope you got all the answers regarding what a Bachelor of Commerce is all about‘ We have provided you with all the B.Com course details that will help you choose B.Com as your foundation for a bright career. The education is fantastic, with plenty of job opportunities, ensuring your vocation and future. With a plethora of benefits, wide career scope, online B.Com is one of the finest choices for students after 12th class. So, hurry and enrol for an online Bachelor of Commerce and take a step towards a lucrative career ahead.

MBA vs MCA: What is Better after BCA

Introduction:

An MBA (Masters of business administration) program is a postgraduate degree program that specializes in Business management studies through various practical and theoretical understanding. AN MCA program (Masters of Computer Applications) is a postgraduate program that focuses on application development programs and helps you pick up the latest computer programming skills. MBA and MCA are two different management streams of education. An MBA helps you to gain the skills to manage any business, while an MCA degree helps you climb the ladder in the IT and communications sector. 

MCA Vs MBA :

MBA and MCA degrees can never be compared as they are two different streams of study. You can pursue an MBA after any basic undergraduate program. Similarly, an MCA can be pursued after any basic UG program. While MCA opens up venues for recent developments in IT technologies. An MCA graduate has a chance to get a starting package of 4 lakhs/annum in top-tier companies like Wipro, IBM, TCS and a few. MBA course gives you a chance to get into management level roles in any field like IT, food industry, entertainment to name a few. 

To put in simple terms, if you are a people persona and interested in leadership roles, you can take up an MBA to pursue a career in management. If you are more inclined towards software development and learning new technologies and computer languages, an MCA degree will be helpful.

MCA top recruiters:

An MCA degree can fetch you a job in the IT industry, communication, and telecom industry (both private and government sectors). IT industry is booming owing to the amount of digitalization happened in the past few years. Everybody is tech-savvy and uses digital money for transactions, e-commerce for both grocery and other personal shopping. All of which comes under IT and technical support. Few leading companies in hiring include Wipro, IBM, Dell, TCS, and others to name a few.

MBA top recruiters:

As an MBA graduate, you have venues opened in any field and any company as business development and management is the backbone of any business irrespective of their specialization. If you are interested in running campaigns, growing the business, and managing people, you have a plethora of opportunities in the growing startups and all leading MNC.

On that note, which course is best MBA or MCA, depends on your preference and your goal on what your future must be. 

Online courses at Online Manipal:

Online MBA course:

We at MUj, have an online MBA degree in India for both foreign and Indian students. We have carefully curated an MBA course that prepares you for the competitive world outside. Our digital classrooms enable you to network and interact with fellow students for better collaboration and growth. We also have industry experts who can provide you one-one mentoring if required. Our enhanced digital library provides you access to over 150000-course material and other related e-books. We also have a robust LMS that helps our students to track their progress on the dashboard. 

Online MCA:

 Online Manipal Plus also offers online MCA degree in India for both foreign and Indian students. Our online MCA program is on par with the global tech perspective, provides hands-on experience, proven and effective communication skills, the latest coding skills, and better job prospects. We stand out for providing an immersive learning experience on an advanced digital learning platform. We have onboarded a few industry experts to get insights from them. We also provide career counseling, assigned course mentors, and placement assistance.

Conclusion:

We at MUJ, have dedicated online assistance for any queries regarding course and guides. We also have other undergraduate courses adaptable to the current scenario. Our courses are easily accessible by students from all geographical locations. The college has an alumni network for the ease of the students to have guidance from their peers.