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12 Best Career Options after M.Com in 2024 - What to do After M.Com?

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12 Best Career Options after M.Com in 2024 - What to do After M.Com?

Edited By Team Careers360 | Updated on Feb 26, 2024 11:28 AM IST

Many people think about after M.Com which course is best and wondering what to do after M.Com and what will be the career after M.Com. The Master of Commerce (M.Com) is a two-year program that various universities in India offer. This degree-level program is designed to provide a deeper understanding of the concepts of commerce. What to do after M.Com is a common question that comes among students and there are plenty of career options after M.Com are available.

12 Best Career Options after M.Com in 2024 - What to do After M.Com?
12 Best Career Options after M.Com in 2024 - What to do After M.Com?

This article aims to help you navigate through the various career paths that are available after completing the program. Besides being exposed to various management and business-related subjects, you would also have gained the necessary knowledge to build a successful career. If you are interested to know what are some of the career options after MCom, then continue reading the article.

Career Options After M.Com

After completing an M.Com degree, students often pursue careers in various professional fields such as banking, finance, and insurance. It can be hard to find a job after completing an M.Com degree if one does not have the necessary knowledge about the various career options after MCom. Having a list of all the available career paths can help one choose the right one.

  1. Enroll in an MBA Programme

One of the most popular courses after completing an M.Com is the MBA. This is a highly regarded course that allows students to pursue a career in managerial positions. It is also ideal for individuals who are looking to gain a foothold in the managerial field. During your studies at M.Com, you'll be exposed to various subjects such as economics, stock markets, and accountancy. However, after you pursue a Masters in business administration, you will be able to apply your knowledge and skills to help organisations grow.

Most MBA programs offer a case study approach to help students develop their critical thinking and decision-making capabilities. Various online platforms allow academic institutions to offer Global MBA degrees. These online programs are also designed to help students continue their academic pursuits and get the guidance they need from industry experts. You can also specialize in a particular field. The average annual salary for an MBA graduate is around Rs. 7.2 Lakh Per Annum.

  1. Become a Chartered Accountant

One of the most popular career options after MCom is becoming a Chartered Accountant. This is a fast-track program that requires a lot of preparation. After qualifying for the various stages of the CPA exam, such as the IPCC, Final, and CPT, students need to complete an article in order to practice as a professional.

Many graduates of the CA program find employment at the Big 4 accounting firms, such as Deloitte, KPMG, and PwC. These individuals typically earn an annual salary of around INR 8 lakh. The average annual salary of a Chartered Accountant is around Rs. 8 Lakh Per Annum.

  1. ACCA Course

If you're interested in becoming a certified accountant, you can pursue the ACCA course. This is a requirement for working in the field of finance and accounting. Although, the two-year course is highly regarded by multinational corporations, you will still need to complete three years of practical experience before you can become an official member of the association.

The minimum educational qualification required to enroll in the program is a 10+2 degree. This means that most students from the commerce stream only enroll during their undergraduate studies. Even if you're not an M.Com student, having the necessary knowledge and skills in accounting will help you pass the examinations. Due to the high demand for this course, multinational companies pay a salary of around 5 to 16 lakhs.

  1. Company Secretaryship

If you are looking for a job after M.com, then the Company Secretary position is one of the many critical roles that an organisation has. The CS is responsible for overseeing the legal requirements of various companies. The CS course consists of three phases. It's divided into three categories: Executive, Professional, and Foundation. After completing the training, candidates can then become associate members of the Institute of Company Secretary.

The Institute of Company Secretary is the only organization in the country that provides the company secretary course. It has over 62,000 members. The salary range for the company secretary in India varies from Rs. 4 to 10 lakh per year. According to Payscale, the average salary for this position is around Rs. 5.8 lakh per year.

  1. CMA Credential

The Certified Management Accountant course is a professional qualification that requires candidates to complete two years of work experience and two stages of examination. The International Management Accountants Association (IMA) is a professional organization that provides this qualification. It has been recognized around the world for its quality.

The objective of the CMA is to recognize individuals with exceptional expertise in the areas of financial management and management accounting. The candidates who successfully complete the course are expected to have the necessary skills and knowledge in various areas of management accounting. They are also expected to be capable of handling financial analysis and planning.

  1. CFA Course

One of the best courses after MCom is Chartered Financial Analyst (CFA). This is a US-based program that provides a great opportunity for aspiring financial analysts. The program covers various aspects of financial analysis, such as bonds and derivatives, portfolio management, and financial analysis.

After completing the program, you can start working at some of the top financial firms such as Goldman Sachs, Morgan Stanley, and Royal Bank of Canada. To be eligible to take the exam, you should be in your final year of undergraduate study. Although the program's duration is only 2.5 years, it takes around four years to achieve the Chartered Financial Analyst designation.

  1. Get a CPA License

One of the most common career options after M.Com is becoming a Certified Public Accountant. This is a designation granted by the American Institute of Certified Public Accountants. Individuals who hold a license to practice as public accountants have a good understanding of the principles of accounting generally accepted by the industry. To become a certified public accountant, they must first complete a four-part exam.

As accountants, they help companies and individuals manage their financial affairs by performing various tasks such as reviewing and auditing their financial statements. They also provide advice on taxation and financial planning.

  1. FRM Certified Professional

Before you decide what to do after Mcom, there are many options available. One of these is risk management. This discipline is a growing part of the financial industry and is an excellent option for those who are looking to gain a short-term perspective. The goal of this program is to prepare you for the examinations, which are conducted in May and November each year.

The certification of a financial risk manager shows that you have the necessary skills and knowledge to identify and analyze financial threats. You can offer various services such as credit and market risk, trading, sales and marketing, and marketing. According to Payscale, the average salary of financial risk managers is around 10 to 18 lakhs per year.

  1. CFP Exam

After completing M.Com, many people choose to do a short-term course known as the Certified Financial Professional (CFP). This is a highly effective way to find a career in the insurance and finance sectors.

Although the six-month course is relatively short, it requires participants to meet various requirements in order to become certified financial planners. Some of these include having a good educational background, professional ethics, and work experience. Aside from being able to handle various tasks such as tax planning and insurance decisions, a certified financial planner can also specialize in retirement planning and investment management.

  1. Digital Marketing

Many students who are not interested in working in finance or accounting after graduating from M.Com are left wondering what to do after they leave school. There are many creative occupations that are available after MCom. One of the most innovative fields that are available after MCom is digital marketing. This is a part of marketing that uses the power of the internet to promote products and services. Due to the increasing popularity of this field, it is expected that it will continue to grow.

There are various courses that are designed for students who are interested in pursuing a career in digital marketing. These include courses that are focused on topics such as search engine optimisation, social media management, and marketing analytics. Some of the prominent institutes that offer these types of courses include MICA and upGrad.

Having the necessary knowledge about digital marketing can lead to a promising career in the field. In India, a digital marketing professional can expect to earn around Rs. 5 lakh per annum, while managers can earn up to Rs. 15 lakhs depending on their job profile. According to Payscale, various companies such as ad agencies and startups are hiring digital marketing professionals.

  1. CIB Certification

The Certificate in Investment Banking (CIB) is a six-month course that prepares graduates for the job of investing in companies. The valuation examination is a globally recognised test that aims to determine the fair value of listed and unlisted companies. It is a vital part of any investor's decision-making process.

Although you can take the course right after your B.C., having an M.C. will allow you to grasp the various aspects of the program. In addition to investing in companies, the course also covers various other financial instruments and strategies. According to Payscale, an investment banker can expect to earn around Rs. 9 lakh annually in India.

  1. Teaching and Research

If you are interested in studying the various facets of commerce and business, then you might want to pursue a doctorate in one of these fields. Some of the major fields that are commonly associated with a doctorate include finance, operations research, and human resource management. Looking for a study abroad program that fits your interests can be a good way to get started. It can also help you land a job after graduating.

Besides JRF, there are also various international and national scholarships that are available for students with exceptional research capabilities in various fields such as economics, management, and commerce. If you're planning on becoming a university lecturer, then a Ph.D. program is highly recommended. However, if you're more interested in teaching school students, then a two-year B.Ed program might be a better choice.

Conclusion

If you are planning on graduating from M.Com, here are some great career options that will allow you to pursue your goals after that. You can also determine your interest in one of these options by choosing your desired field of study. We hope the article answered your question - what are the job opportunities after MCom?

Before you start considering what to do after graduating from M.Com, it is important that you first check the various factors that affect the course's success. Some of these include the time commitment, difficulty level, and price. The best courses after M.Com will allow you to land a great job right away.

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Remote sensing scientists use remote sensing technology to support scientists in fields such as community planning, flight planning or the management of natural resources. Analysing data collected from aircraft, satellites or ground-based platforms using statistical analysis software, image analysis software or Geographic Information Systems (GIS) is a significant part of their work. Do you want to learn how to become remote sensing technician? There's no need to be concerned; we've devised a simple remote sensing technician career path for you. Scroll through the pages and read.

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Safety Manager

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Audiologist

The audiologist career involves audiology professionals who are responsible to treat hearing loss and proactively preventing the relevant damage. Individuals who opt for a career as an audiologist use various testing strategies with the aim to determine if someone has a normal sensitivity to sounds or not. After the identification of hearing loss, a hearing doctor is required to determine which sections of the hearing are affected, to what extent they are affected, and where the wound causing the hearing loss is found. As soon as the hearing loss is identified, the patients are provided with recommendations for interventions and rehabilitation such as hearing aids, cochlear implants, and appropriate medical referrals. While audiology is a branch of science that studies and researches hearing, balance, and related disorders.

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Oncologist

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Anatomist

Are you searching for an ‘Anatomist job description’? An Anatomist is a research professional who applies the laws of biological science to determine the ability of bodies of various living organisms including animals and humans to regenerate the damaged or destroyed organs. If you want to know what does an anatomist do, then read the entire article, where we will answer all your questions.

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Actor

For an individual who opts for a career as an actor, the primary responsibility is to completely speak to the character he or she is playing and to persuade the crowd that the character is genuine by connecting with them and bringing them into the story. This applies to significant roles and littler parts, as all roles join to make an effective creation. Here in this article, we will discuss how to become an actor in India, actor exams, actor salary in India, and actor jobs. 

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Individuals who opt for a career as acrobats create and direct original routines for themselves, in addition to developing interpretations of existing routines. The work of circus acrobats can be seen in a variety of performance settings, including circus, reality shows, sports events like the Olympics, movies and commercials. Individuals who opt for a career as acrobats must be prepared to face rejections and intermittent periods of work. The creativity of acrobats may extend to other aspects of the performance. For example, acrobats in the circus may work with gym trainers, celebrities or collaborate with other professionals to enhance such performance elements as costume and or maybe at the teaching end of the career.

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Video Game Designer

Career as a video game designer is filled with excitement as well as responsibilities. A video game designer is someone who is involved in the process of creating a game from day one. He or she is responsible for fulfilling duties like designing the character of the game, the several levels involved, plot, art and similar other elements. Individuals who opt for a career as a video game designer may also write the codes for the game using different programming languages.

Depending on the video game designer job description and experience they may also have to lead a team and do the early testing of the game in order to suggest changes and find loopholes.

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Radio Jockey is an exciting, promising career and a great challenge for music lovers. If you are really interested in a career as radio jockey, then it is very important for an RJ to have an automatic, fun, and friendly personality. If you want to get a job done in this field, a strong command of the language and a good voice are always good things. Apart from this, in order to be a good radio jockey, you will also listen to good radio jockeys so that you can understand their style and later make your own by practicing.

A career as radio jockey has a lot to offer to deserving candidates. If you want to know more about a career as radio jockey, and how to become a radio jockey then continue reading the article.

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Choreographer

The word “choreography" actually comes from Greek words that mean “dance writing." Individuals who opt for a career as a choreographer create and direct original dances, in addition to developing interpretations of existing dances. A Choreographer dances and utilises his or her creativity in other aspects of dance performance. For example, he or she may work with the music director to select music or collaborate with other famous choreographers to enhance such performance elements as lighting, costume and set design.

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Social Media Manager

A career as social media manager involves implementing the company’s or brand’s marketing plan across all social media channels. Social media managers help in building or improving a brand’s or a company’s website traffic, build brand awareness, create and implement marketing and brand strategy. Social media managers are key to important social communication as well.

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Photographer

Photography is considered both a science and an art, an artistic means of expression in which the camera replaces the pen. In a career as a photographer, an individual is hired to capture the moments of public and private events, such as press conferences or weddings, or may also work inside a studio, where people go to get their picture clicked. Photography is divided into many streams each generating numerous career opportunities in photography. With the boom in advertising, media, and the fashion industry, photography has emerged as a lucrative and thrilling career option for many Indian youths.

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Producer

An individual who is pursuing a career as a producer is responsible for managing the business aspects of production. They are involved in each aspect of production from its inception to deception. Famous movie producers review the script, recommend changes and visualise the story. 

They are responsible for overseeing the finance involved in the project and distributing the film for broadcasting on various platforms. A career as a producer is quite fulfilling as well as exhaustive in terms of playing different roles in order for a production to be successful. Famous movie producers are responsible for hiring creative and technical personnel on contract basis.

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In a career as a copywriter, one has to consult with the client and understand the brief well. A career as a copywriter has a lot to offer to deserving candidates. Several new mediums of advertising are opening therefore making it a lucrative career choice. Students can pursue various copywriter courses such as Journalism, Advertising, Marketing Management. Here, we have discussed how to become a freelance copywriter, copywriter career path, how to become a copywriter in India, and copywriting career outlook. 

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In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

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For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

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Journalist

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

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Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

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Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

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Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

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Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

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Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

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Product Manager

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Structural Engineer

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Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

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AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

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Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

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Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

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Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

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Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

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3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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