Why is doing an MBA after BCom a good idea?

BCom is one of the most sought-after under graduation courses for students after 12^th, especially those from commerce backgrounds. BCom graduates can find employment in finance, banking, accounting, auditing, and other popular fields. Candidates looking to up their career or switch their domains or gain advanced knowledge and skills in their preferred field of interest can pursue one of the most common postgraduation options, MCom or MBA. In this article, we’ll discuss the benefits of pursuing an MBA after BCom, what MBA specializations students should choose, and career options available after an MBA. 

Can I do an MBA after BCom? Is it a good option? 

MBA is one of the most preferred professional choices after BCom. An MBA after BCom can take your career to new heights. It levels up your skills, and those with this master’s degree can have the upper hand in job opportunities. MBA enhances provided advanced knowledge of finance, accounts and business, and it offers an overall understanding of business as a whole. The two-year program sharpens leadership, communication, problem-solving, and critical thinking skills.  

Read more: How an online MBA can help your career 

Advantages of doing an MBA after BCom 

Pursuing an MBA after completing your BCom can be a smart move for several reasons. 

• Career advancement: Getting an MBA can help you move up the career ladder faster. You’ll gain valuable skills and knowledge that are highly regarded by employers. 
• Professional growth: It’s like a turbo boost for your professional growth. An MBA program exposes you to real-world business scenarios, enhancing your decision-making abilities. 
• Career transition: If you want to switch to a different field or industry, an MBA can help. It equips you with a versatile skill set that’s applicable in various sectors. 
• Management roles: With an MBA, you’re well-prepared for managerial positions. You’ll learn leadership skills, making you a strong candidate for roles like team leader or department head. 
• Better pay packages: Generally, MBA graduates command higher salaries. The investment you make in your education often pays off with better earning potential. 
• Diverse career options: An MBA opens doors to a wide array of career paths. You can explore areas like finance, marketing, entrepreneurship, or even non-profit management. 
• Networking: You’ll have the chance to build a robust professional network during your MBA program. These connections can be invaluable for future job opportunities or business ventures. 
• Entrepreneurship: If you dream of starting your own business, an MBA provides the knowledge and skills needed to run a successful venture. It’s like a crash course in entrepreneurship. 

 An MBA after your BCom can significantly boost your career prospects, increase your earning potential, and open up exciting new opportunities in the business world. 

Learn why an MBA is still a winner among graduates 

What are some of the suitable MBA specializations for BCom graduates? 

BCom graduates have a wide range of MBA electives/specializations to choose from. Here are some suitable options: 

• MBA in Finance: This focuses on financial management, investments, risk assessment, and banking. It’s ideal for those interested in roles such as financial analyst, investment banker, or corporate finance manager. 
• MBA in BFSI (Banking, Financial Services, and Insurance): BFSI MBA combines finance with an emphasis on banking and insurance sectors. It’s tailored for those aspiring to work in these industries, including roles like investment banking, risk management, or insurance underwriting. 
• MBA in Information Systems: This specialization bridges the gap between business and technology. It prepares graduates for careers in IT management, business analysis, and data analytics, making it a great fit for the tech-savvy. 
• MBA in Marketing: For those with exceptional creativity and communication, marketing specialization focuses on brand management, market research, digital marketing, and advertising. It opens doors to roles in product management, marketing strategy, and sales. 

Additionally, if candidates are looking to switch domains or explore other options, they can consider Retail Management, Operations Managment, International Business, Supply Chain Managment, Project Management, and Total Quality Management. 

Jobs that BCom graduates can get after doing an MBA 

Job role	Highest annual salary
Investment Banker	40 LPA
Management Consultant	40 LPA
Financial Manager	30 LPA
Marketing Manager	23 LPA
Supply Chain Manager	26 LPA
E-Commerce Manager	19.3 LPA
International Business Manager	28 LPA

Source: AmbitionBox 

How to prepare for an MBA after BCom? 

You have to follow simple steps. Students have to appear for an MBA entrance examination after their graduation in B.Com. There are different MBA tests shown below: 

• GMAT– for pursuing an MBA in India or abroad  
• CAT/ XAT/ CMAT/ SNAP/ CET/ MAT– for pursuing an MBA in India 

After clearing one of these entrance exams, students move on to group discussions and personal interviews.  

Manipal University Jaipur offers online MBA admission to students as well as working professionals even if candidates don’t appear for these exams or get a good score, provided they meet the university’s eligibility criteria.  

Eligibility for MUJ’s online MBA 

• Candidates must have completed their bachelor’s degree with a 50% aggregate from a recognized university 
• Candidates must clear the university’s admission test 
• Candidates who have a valid score from any entrance test like CAT/MAT/GMAT/XAT/CMAT need not appear for the admission test 

MUJ’s online MBA fee and duration 

Total course fee – INR 1,66,000 

Semester fee – INR 41,500 

EMI options: Starting from INR 6,917 

Candidates who want to enroll for Manipal University Jaipur’s online MBA can do so by applying through the Online Manipal website. Live and recorded lectures, user-friendly LMS, free and readily accessible online learning materials, expert faculty, industry webinars, attractive scholarships, and placement assistance are some of the key benefits that students get. 

Read more – Top CAT exam alternatives for MBA 

Conclusion 

MBA is one of the best courses after BCom in India. It opens a more extensive scope of abilities to students and trains them positively for business management. MBA impacts the entire viewpoint of an individual about business and its activities. Therefore, doing an MBA after BCom will help you reach greater heights.