What to do after M.Com

In today’s modern era, the importance of education has become so much that there is a demand for education everywhere. Especially due to the increase in technology, it is necessary for a person to be educated to do different types of work. A person can get a good job by doing different types of courses in India, one of which is M.Com. OR What should be done after doing M.Com? So let’s know what to do after M Com (m com ke baad kya kare)

What are M.Com courses?

M. Com. It is a two year post graduate degree course. Which is divided into 4 semesters. There are 6 months in 1 semester. Thus this course is completed in 4 semesters in 2 years. Which gives you an opportunity to make a career in commerce. This course makes you an expert in the field of Financial, Accounting, Commerce, Management Taxation, Insurance, Economics etc. Which play an important role in your career. If you also want to make a career in the financial field, then Master of Commerce course is made for you.

For students who want to make a career in the educational field, M.Com Commerce also gives an opportunity to become a lecturer. M.Com is still a popular post graduate course among students as before. The diversity of this course makes it different from other courses. With the changing times, the functioning and responsibilities of the financial sector have increased. There is a growing demand for commerce professionals to handle them in different positions in every company. In such a situation, M.Com course brings a golden future for you.

With which subjects M.Com is done?

Let us know with which subjects M.Com is done-

  • taxation
  • banking
  • Accounting
  • Finance
  • statistic
  • e commerce
  • computer application
  • organization behavior
  • Computer
  • human resource management
  • financial management
  • economics
  • business ethics
  • operation research

Educational Qualification for M.Com

Along with knowing what to do after M.Com, it is also important to know what is the eligibility for this course, which is given below-

  • M. Com. You need to get 50%-60% marks in B.Com to take admission in B.Com. The percentage of marks obtained may vary from college to university.
  • Some even consider their business management graduate as M.Com. allow entry in.
  • Some famous colleges/universities in India also take admission in Master of Commerce through entrance exam.
  • English language test for studying abroad like IELTS, TOEFL marks are mandatory.
  • GRE/GMAT Points are also important.

Many courses can be done after doing M.Com, let us know which are those courses:

  • MBA (Master of Business Administration)
  • CA (Chartered accountant)
  • company security
  • ACCA (Association Chartered Certified Accountancy)
  • government job
  • private sector job
  • financial risk manager

MBA (Master of Business Administration)

For the best career after M.Com MBA It is one of the most followed courses. In this course, you will not only know about the theory of business field but also those techniques which are used for solving problems and business growth in any organization in real business world. This is the reason why no company can go for a management position. MBA Gives preference to the candidate. MBA After doing this, your average salary is around Rs 7.2 lakh annually.

CA (Chartered Accountant)

If you like subjects like taxation and accountancy then chartered accountancy is a good career option. CA candidates give their services in places like auditing firms, banks, finance companies, stock broking firms, law firms. You can take direct admission in IPCC intermediate course of CA after M.Com. After completing IPCC and 3 years internship/articleship, you are eligible to appear for CA finals. Although the salary during articleship is less but after completing the course you can expect a handsome salary package. The average salary of a chartered accountant is around Rs 7.9 lakh per annum.

company secretary

A company secretary is a higher position holder in any public or private firm. Whose job is to advise the company directors on issues related to the management of the firm along with legal issues. For this you can enroll in 10+2 or after graduation. CS course candidates need to go through Foundation Programme, Executive Program, Professional Program and 15 months of practical training to get Company Secretary credential. After fulfilling all these requirements, you get registered with ICSI as an Associate Member. If you do not know, then know that ICSI is the only recognized organization in the country that offers CS course. The average salary of a company secretary is around Rs 4 lakh to 10 lakh annually.

ACCA (Association Chartered Certified Accountancy)

ACCA is one of the globally recognized courses in the field of commerce. Meaning that if you have completed ACCA while living in India, then you will be eligible to work anywhere in the country and abroad. This certificate program is a good option for those candidates who want to make a career in the profession like Banking, Chartered Accountancy, Finance, etc. You can enroll for ACCA in 10+2 or after graduation. The special thing is that the time limit of the course is based on your latest degree. Candidates for ACCA are selected by merit or entrance exam. ACCA can be the easiest and best option for M.Com students as they have a better understanding of accounting concepts. The average salary of Association of Chartered Certified Accountants is around Rs 5 lakh to 16 lakh per annum.

government job

Although BA degree is enough to get a government job, but if you have done M.Com course and you do not want to take any kind of higher education, then you can apply for government job or Indian government. You can prepare for the job. Generally after completing the course of master of commerce you can prepare yourself for the government job given below and get a government job.

private sector job

After completing the course of Master of Commerce, if you do not want to do further studies and you want to get a job immediately, then you can apply for a job in any private sector company. As far as we believe that if you have obtained M.Com degree, then you will get job easily. If you apply for job in finance related institute then your chances of getting selected are more because of M.Com. Finance is taught in the course itself.

financial risk manager

Rapid changes in the financial industry have increased the demand for professionals who can manage risk, money and investments all at once. For which the short term professional course FRM is conducted by the Global Association of Risk Professionals (GARP). No special academic or professional experience is required to appear in the FRM exam. It is a practice oriented exam which is completed in two parts. To become a Certified Financial Risk Manager, a candidate must have portfolio in Management, Risk Consulting or related field with 2 years of work experience. FRAM aspirants give their services in domains like Credit & Market Risk, Financial Services, Trading, Sales & Marketing. The average salary of Financial Risk Manager is around Rs 10 lakh to 18 lakh per annum.

Career Scope after M.Com

Along with knowing what to do after M Com, it is also important to know what is the career scope after this course, which is as follows:

  • Jobs can be found in government and private banks
  • After doing M.Com in the field of management, one gets a job in the corporate sector.
  • You can also get an opportunity to serve in educational institutions as a lecturer, teacher or counselor.
  • Opportunities exist for you after M.Com in the field of research and research also. You get paid for doing research.
  • After doing M.Com in International Business, you can also get jobs in import and export companies.
  • Whether it is government or private, every year in the insurance sector too many jobs are generated for M.Com graduates.
  • Jobs after M.Com are also available for you in the Central Excise and Customs Department.
  • After M.Com, you can get a reputed IAS/IPS job by passing the civil services exam.
  • You can also become a part of Indian Statistical Service after M.Com.
  • You can also go after M.Com in Indian Economic Services.

Best job profile and salary after doing M.Com

The job profile after M.Com can be of the following types, which are given below-

  • accountant
  • accounts assistant
  • assistant accountant
  • business analyst
  • cashier / teller
  • Corporate Analyst
  • executive assistant
  • finance manager
  • financial analyst
  • investment banker
  • Investments Analyst
  • market analyst
  • marketing manager
  • money manager
  • operations manager
  • personal finance consultant
  • risk analyst
  • securities analyst
  • senior accountant

M. Com. After that, you can get up to an annual salary package of about Rs 4-5 lakh in the beginning. But this salary package depends on the qualification and post of the candidate. Good candidates get selected on even better salary package. After that you can apply on very good posts. Due to which you have the opportunity to get good positions in your career.

FAQs

What to do after M Com (m com ke baad kya kare)?

After doing M.Com, one can do a job, prepare for a government job or get admission in other courses for higher education.

How long is an M.Com degree?

After doing B.Com course, the candidate has to give 2 years time to do M.Com course.

What are the approximate fees for M.Com?

The fee structure for M.Com varies from college to college, which can range from 2,000 to 8,000.

What is the estimated salary after M.Com?

M.Com degree mainly focuses on commerce based field. There are few other fields like management and economics based subjects. After the competition, higher salary will be given to the talented candidates. If a student gets selected as a PO in banks then his first salary will be above Rs.25000. Candidates with experience in related field will be able to get very high salary package in private companies. Those who start as accountants can get salary around Rs 6000 to 10,000 and then it can get salary up to Rs 1 lakh after higher qualification like CA or CFA.

We hope that now you know what to do after M Com (m com ke baad kya kare) and you must have got all the information related to it in this blog. If you want to study further course after M.Com abroad and also want a proper guidance then call us on 1800572000 today. Leverage Edu Book a free 30 minute session with our experts.

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