MBA After BCom: Eligibility, Admission Process, Fees, Career Scope and Specialisation

MBA after BCom is a popular choice for students who want to build a career in business and management. Read this article to know about eligibility, admission process, top MBA colleges, fees, career options, and salary after an MBA.

MBA After BCom: Career Scope, Eligibility, Salary

Can I do MBA After BCom? Doing an MBA after BCom can give you multiple opportunities.

Nowadays, many corporations demand top-notch management professionals to work for them; to address these demands, highly skilled professionals are required. One way to build the skills to navigate this dynamic environment is to pursue a professional degree in Business Administration, such as an MBA. Before embarking on the MBA journey, it is important to have a graduation degree. This article by Shiksha answers, Can BCom Student Do MBA? Read the article below to know more about MBA after BCom course, including career options, eligibility, fees, etc.

Eligibility to Pursue MBA After BCom

BCom graduates are eligible for pursuing MBA as they already have a strong foundation and exposure to finance, accounting, economics and business law. Therefore, an MBA program becomes relatively easy for them. MBA graduates get higher salary opportunities at top companies across the country. MBA is trending worldwide, and many multinational corporations require MBA graduates hence, doing this course program helps individuals grow and evolve in the management field, grabbing top opportunities.

Certain eligibility criteria need to met be by the BCom graduates to apply for an MBA:

• In graduation, they must have passed all subjects with a minimum of 50% aggregate marks (45% for reserved categories).
• Students who are in the final year of their graduation can also apply for MBA.
• Students must have cleared any one management entrance exam out of these to be eligible for the program: CAT, MAT, ATMA, NMAT, or state-level CETs like MH-CET, OJEE, or TANCET.

How to Pursue an MBA After BCom?

Admission process for MBA after BCom: The traditional way of pursuing MBA degree is to appear for an MBA entrance exam. Many MBA entrance exams are conducted in the country to give admission to students to the top B schools in India. Students can MBA entrance exams to take admission to their preferred colleges. Students are judged on logical reasoning, quantitative aptitude, verbal ability, comprehension skills, language skills, analytical skills and general knowledge.

Some of the top MBA entrance exams include:

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For final admissions, have to appear for counselling process conducted by colleges which includes Group Discussion, Written Ability Test and Personal Interview.

To pursue an MBA abroad, candidates can appear for Graduate Management Aptitude Test and Test of English as a Foreign Language and International English Language Testing System for MBA abroad admissions.

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Why Pursue an MBA After BCom?

Here are a few reasons why one should pursue an MBA after BCom:

1. Specialised Learning: BCom and MBA are the most sought-after degrees for professional growth. An MBA degree after BCom can be an important point in the career path. It levels up the professional skills that are much needed in the business and corporate world. The 2 year degree programme, MBA, after BCom, sharpens communication and skills and enhances the basic knowledge of finance, accounts and business as a whole. BCom students the knowledge of finance, accountancy and commerce have a wide scope of excelling in the business and management world.
2. Similar Curriculum: An MBA covers many subjects that are also taught in BCom, such as economics, business, computer applications, international business, e-commerce, and human resource management. BCom students already have knowledge of accounting, finance, taxation, and microeconomics. Combining this knowledge with an MBA in Finance can open up career opportunities in financial services, investment banking, corporate finance, and equity research. The table below compares the BCom and MBA subjects.

3. Specialisations: An MBA degree opens the door to different specialisations to choose from. One of the prime reasons for opting for an MBA degree is that a student can choose from a wide range of specialisations such as finance, human resources, marketing, analytics, operations, etc. There are many MBA programmes too which focus on the new industries and domains such as IT, Corporate Sales, Luxury Brand Management, Hotel Management, Supply Chain, etc.

Also Read: MBA specialisation guide

4. Leadership and Management Skills: An MBA degree is recognised worldwide. Many companies hire MBA graduates for leadership and managerial roles. MBA graduates from top B-schools are in high demand for corporate recruiters. It helps improve the technical, interpersonal, decision making skills which are needed in almost every field of work.

5. Career Scope: A BCom degree provides a good base for business principles, enhancing employment opportunities in different sectors, including public, private, and non-profit organisations. With this degree, numerous career paths become accessible, ranging from roles in finance and insurance to media, retail, technology, and the consumer durables industry.

6. High Salary Packages: A degree in management gives way to handsome salary packages. An MBA degree can give a boost to the same. Completing an MBA degree from a renowned B-School further increases the options for a good package. In 2023, the highest salary offered to an MBA graduate was INR 80 LPA. The prestigious Indian Institute of Management, Bangalore, offered the highest salary of INR 35.31 LPA, which was followed by IIM Calcutta. Also, there is always an option of starting an individual venture if someone feels they have enough knowledge, skills, and capital to invest. With technological advancements and industry expansion, new jobs are emerging to meet the industry requirements.

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• MBA Admissions without Entrance Exam
• Direct MBA Admission without CAT

Top MBA Colleges in India and their fees

MBA fees in India, if you want to do an MBA from top colleges in India, range from 12 lakhs to 30 lakhs. Take a look at the table below to know the top MBA Colleges in India along with their fees:

Job Opportunities After MBA

Career scope after MBA: Finance, marketing, general management, business analytics, and entrepreneurship are among the top MBA specialisations that frequently yield the greatest pay after graduation. The highest-paying MBA after BCom salary slab ranges from INR 25 LPA to INR 40 LPA, and have the potential to increase with experience. Some of the highest paying jobs include investment banking, consulting, private equity, product management, etc. Given below are some of the popular job options after an MBA and their corresponding salaries:

An MBA helps students understand the business world better and develop the skills needed to manage a business.

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