Are you confused about what can I do after M.Com? Or wondering after M.Com, which course is best? You are not alone, this is a common query among many graduates who are unsure about their next step after an M.Com degree. M.Com, or Master of Commerce, is a two-year program offered by various Indian universities. It is designed to provide an in-depth understanding of commerce, finance and business principles.

This article will explore various career paths available after an M.Com degree, along with the eligibility requirements and salary details. If you want to know about various high-paying career opportunities after M.Com, then you are in the right place. Let’s get started.

Career Options After M.Com

M.Com graduates can pursue careers in various fields such as banking, finance, insurance and corporate management. Choosing the right career path after M.Com, which also aligns with your interests and ambitions, can be difficult. Understanding various career options available after M.Com in detail can help you with this and assist you in making a wise and calculated choice.

1. Chartered Accountant

If you are still thinking about what can I do after M.Com, pursuing a career as a Chartered Accountant can be a great choice. This is an ideal career opportunity for candidates with strong skills in mathematics. This prestigious career demands hard work, commitment and rigorous preparation from students.

CPT(Common Proficiency Test), IPCC( Integrated Professional Competence Course), and Final CA exams are the 3 main stages candidates need to qualify to become a chartered accountant. Many qualified CAs are employed in leading firms, such as Deloitte, KPMG, EY and PwC.

2. ACCA ( Association of Chartered Certified Accountants)

If you're still not sure about- after M.Com, which course is best, the ACCA course offers an excellent career scope. The ACCA qualification is a globally recognised certification which can be pursued by students interested in finance and accounting. It is valued by multinational companies and provides in-depth knowledge on areas such as financial management, auditing, taxation and accounting. The course duration is two years, but the candidates are required to complete a three-year practical work experience.

3. Company Secretary (CS)

To one of the common queries," after M.com, which course is best?", the career path toward a Company Secretary position is the primary answer. This is a perfectly suited career path for students interested in law and corporate operations.

The CS is responsible for overseeing legal requirements, corporate governance and regulatory filings of companies. The CS course consists of three phases:

• Executive

• Professional

• Foundation

The Institute of Company Secretaries is the only organisation in the country that provides the company secretary course. After completing the training, candidates can become associate members of the Institute of Company Secretaries. Top employers for this profession include Reliance, TCS, Infosys and HDFC.

4. Chartered Financial Analyst (CFA)

One of the best courses after MCom is the Chartered Financial Analyst (CFA). This is a US-based program that provides a great opportunity for aspiring financial analysts.

If you are passionate about working with data, financial models and market trends, then a career as a Chartered Financial Analyst is a perfect fit for you. As a Chartered Financial Analyst, you will assist companies in making financial decisions. It is a suitable career option for those with M.com specialisations in finance or economics.

This three-level program is offered by the CFA Institute (USA) and requires at least 3 years of work experience from the candidate.

5. Cost and Management Accountant (CMA)

The Certified Management Accountant course is a professional qualification that requires candidates to complete two years of work experience and two stages of examination. This is a globally recognised course that is provided by the International Management Accountants Association (IMA)

The objective of the CMA is to recognise individuals with exceptional expertise in the areas of financial management and management accounting. This role primarily focuses on budgeting, cost control and financial strategy.

6. Lecturer/ Assistant Professor

If you enjoy mentoring and providing academic support to others, you can pursue a career as a lecturer after an M.Com degree. Students can work as A lecturers only after clearing the UGC NET, which is a mandatory qualification. It is an excellent opportunity for those still confused about, after M.com which course is best.

7. Certified Public Accountant

A Certified Public Accountant is one of the most rewarding career options after M.Com. This is a designation recognised by the American Institute of Certified Public Accountants(CPA). Individuals who hold a license to practice as public accountants should have a good understanding of the accounting principles generally accepted by the industry. To become a certified public accountant, they must first complete an exam consisting of four sections.

• Auditing and Attestation(AUD)

• Business Environment and Concepts (BEC)

• Financial accounting and reporting(FAR)

• Regulation(REG)

After qualifying for the exam, CPA licensure requires a bachelor's degree with at least 120 to 150 credit hours and 1 to 2 years of relevant work experience.

8. Financial Risk Manager

If you are considering what to do after M.com, becoming a financial manager is an incredible choice. The certification course is offered by the Global Association of Risk Professionals (GARP) and is a globally recognised credential in risk management.

9. Investment Banker

If you are a candidate with strong analytical skills and an interest in high-stakes financial transactions, you can consider investment banking as a primary career choice. This position serves an important role in helping organisations raise capital, manage mergers and acquisitions and handle financial markets. Investment banker roles are highly demanding and require deep knowledge in areas like corporate finance.

10. Government Jobs

M.com graduates are also eligible to appear in government exams like UPSC, SSC CGL, IBPS PO and RBI Grade B. These examinations offer stable career options with additional perks and allowances. Candidates who seek after M.com, which course is best, can go for career opportunities available in the government sector.

11. Data Analyst

As the world is increasingly relying on data-oriented decision-making, the demand for data analysts in the finance domain is on the rise. M. com graduates with strong analytical and Excel skills can consider this highly competitive yet rewarding career.

12. Tax advisor

Are you someone with a strong understanding of taxation laws? Do you enjoy working with numbers? If yes, pursue a Tax advisor position after your M.Com degree. This job involves preparing and filing income tax returns, TDS and GST returns, along with helping clients make better investment decisions.

Choosing The Right Path After M.Com

If you are planning on graduating with an M.Com degree, it is essential to start exploring remunerative career options available. Considering your interests, passions and long-term goals can help you choose a career with enhanced job satisfaction.

We hope this article has provided clarity on your queries - after M.com, which course is best, or what can I do after an M.com degree- and helped you make a wise and calculated decision.