Accounting & Commerce

A Bachelor of Commerce, B.Com is an undergraduate degree in commerce and related subjects. The course is designed to provide students with a wide range of managerial skills and understanding in streams like finance, accounting, taxation and management. The major focus is on accounting and finance related subjects while there are certain law subjects also there like mercantile law, taxation laws and labour laws. Business administration is the administration of a business. It includes all aspects of overseeing and supervising business operations, it also covers fields that include accounting, finance, project management and marketing. At LPU, BBA is also offered in may specializations as follows:
1) BBA 3 years. (6 Semesters)
2) BBA (Rural Management)3 year. (6 Semesters)
3) Integrated BBA MBA4 years. (8 Semesters)
4) BBA (Information Technology)3 years. (6 Semesters)
5) BBA (Airlines and Airport management)3 years. (6 Semesters)
6) BBA (Financial Markets)3 years. (6 Semesters)
7) BBA (Tourism and Hospitality)3 years. (6 Semesters)
8) BBA (International Finance) 3 years. (6 Semesters)
With stellar placement record of LPU in last decade or so, it has become a hub of business students from all over the world. Last year more than 700 companies visited university for campus recruitment. Hope this helps.

CMA USA is globally recognised whereas CMA India is an Indian Certification. CMA USA focuses on Cost Management, I. e. Cost Reduction, auditing, whereas CMA India lays more focus on Cost Management, I. e. Cost Controlling. Article ship is not applicable in CMA USA, whereas it is applicable for six months in CMA India. Certified Management Accountant (CMA) certification has been the global benchmark for management accountants and financial professionals. IMA (Institute of Management Accountants) is the worldwide association of accountants and financial professionals in business that offers the CMA. CMAs are considered highly desirable for FP&A job roles (financial reporting, financial planning, financial analysis and financial decision making). The CMA curriculum also focuses on developing and testing skills required to perform the aforementioned jobs. Many American CFOs choose to be CMAs themselves and prefer to hire CMAs in their teams. CMAs expertise in USGAAP and understand its distinctions from IFRS. In most cases, multinational companies registered with the SEC in 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. The average salary package for a fresher CMA with no experience ranges from INR 4.5-6 Lacs p. a. Of course, with experience the salary increases and depending upon the role, compensations will vary.

Hi darshan, The following courses can be good option after B.Com.
1. Master of Commerce (M.Com)
2. Chartered Financial Analyst (CFA)
3. Business Accounting and Taxation (BAT)
4. Certified Management Accountant (CMA)
5. Financial Risk Manager (FRM)
6. Master of Design (M. Des and M.Sc)
7. Certificate in Investment Banking (CIB)
8. Hotel Management (M.Sc. )
9. LLB
10. M.A. (Journalism and Mass Communication)
11. M.A. (Psychology)
12. M.A. (Public Administration). All these programs are niche programs with their own scope, value, pros and cons. So, choose anyone out of them, but make sure you pursue these from the best of colleges/universities like, JMI, DU, PU, BHU, Symbiosis, LPU and Osmania University, etc. Do check your eligibility and application deadlines from their websites. All the best.