Accounting & Commerce

Accounting is a high-profile career globally with immense employment and self-earning opportunities for professionals. While many countries have their own accounting qualifications such as the Chartered Accountant in India, it is the Certified Public Accountant (CPA) license that is regarded as the top accounting qualification in the world. The American Institute of Certified Public Accountants conducts this exam. For any accounting career aspirant, CPA is the perfect opportunity.
CPA is an internationally recognized qualification. A CPA license holder from any of the 55 American states is regarded highly in the US, Canada, European countries, and even among the Indian accounting sector. CPAs are highly sought after by international accounting, financial management companies, NBFCs, and multinationals that offer off-shore accounting services to American clients. The Big 4s of the accounting world (EY, KPMG, Deloitte, and PwC) have significant operations in India as well alongside the top US multinationals such as Genpact, WNS and Accenture, etc. These companies offer lucrative jobs and opportunities to work overseas for the CPAs from India. It is a wonderful course to pursue in the accounting field.
Generally, most Indian B.Com graduates are eligible to take the CPA exam. Every year of university education in India is equivalent to 30-semester credits of US Education, totaling 90 credits at the end of 3 years. If B.Com is completed in 1st division from a NAAC 'A' university, the 3-year B.Com would be treated as 4 years of US education, i.e., 120 credits for B.Com alone. Having a 2-year Master's degree (e.g., M.Com, MBA) contributes to 60 education credits. Further, professional qualifications like CA/CS/CWA are recognized by few States as 2 years of US education. In case yours is a NAAC 'A' college, you'd be able to appear for the exams. Even if that's not the case, you can pursue bridge courses to get the credits.

Accounting is a high-profile career globally with immense employment and self-earning opportunities for professionals. While many countries have their own accounting qualifications such as the Chartered Accountant in India, it is the Certified Public Accountant CPA license that is regarded as the top accounting qualification in the world. The American Institute of Certified Public Accountants conducts this exam. For any accounting career aspirant, CPA is the perfect opportunity. CPA is an internationally recognised qualification. A CPA license holder from any of the 55 American states is regarded highly in the US, Canada, European countries, and even among the Indian accounting sector. CPAs are highly sought after by international accounting, financial management companies, NBFCs, and multinationals that offer off-shore accounting services to American clients. The Big 4s of the accounting world (EY, KPMG, Deloitte, and PwC) have significant operations in India as well alongside the top US multinationals such as Genpact, WNS and Accenture, etc. These companies offer lucrative jobs and opportunities to work overseas for the CPAs from India. It is a wonderful course to pursue in the accounting field. Generally, most Indian B.Com graduates are eligible to take the CPA exam. Every year of university education in India is equivalent to 30-semester credits of US Education, totaling 90 credits at the end of 3 years. If B.Com is completed in 1st division from a NAAC 'A' university, the 3-year B.Com would be treated as 4 years of US education, I. e. , 120 credits for B.Com alone. Having a 2-year Master's degree (e. g. M.Com MBA) contributes to 60 education credits. Further, professional qualifications like CA/CS/CWA are recognised by few States as 2 years of US education. In case yours is a NAAC 'A' college, you'd be able to appear for the exams. Even if that's not the case, you can pursue bridge courses to get the credits.

Hi Priya
Choose the path which you feel right for you, where your interest lies. There are ample of options after B.Com a student can go for, but you only can find what's excites you. You can go for CA CS CMA, FRM, CFA M.Com PG diplomas, government Banking Exams or MBA for that mattes. There are even for opportunities abroad. Or what you can do is get a good job where you can get experience and quality learning. After getting 1-2 years of experience you can go for MBA. It's up to you. Here I am sharing an article where you can find a list of courses you can think of doing after B.Com:-
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.shiksha.com/accounting-commerce/articles/course-options-after-b-com-blogId-12939&ved=2ahUKEwiLs7C1goDzAhWizjgGHQOyBvEQFnoECAUQAQ&usg=AOvVaw22B7XO9vR7kEvCAyxY7xCR&cshid=1631675953124
Hope it helps. Thanks.

US CMAs are considered highly desirable for FP&A job roles (financial reporting, financial planning, financial analysis, and financial decision making). The US CMA curriculum also focuses on developing and testing skills required to perform the aforementioned jobs. Many American CFOs choose to be US CMAs themselves and prefer to hire US CMAs in their teams. CMAs expertise in USGAAP and understand its distinctions from IFRS. In most cases, multinational companies registered with the SEC in the USA have to provide audited annual financial statements per USGAAP. These financial statements are prepared by the internal finance team of the company. Since CMAs are well qualified in USGAAP and understand the SEC reporting requirements well, companies preparing their financial statements using USGAAP prefer to hire US CMAs for the job. India is a hotbed of and a key player in Business Process Outsourcing. A majority of the outsourced financial work in India comes from the USA and UK since NYSE (New York Stock Exchange) and LSE (London Stock Exchange) represent the world's the largest financial markets. As most major brands are American entities that follow USGAAP, this creates tremendous job opportunities for US CMAs in India (in the BPO sector). Another major source of employment for CMAs are FP&A jobs directly with American companies that have branches in India, but prepare financial statements using USGAAP, at the parent level.