Accounting & Commerce

Chartered Accountant (CA)
One of the most common careers for commerce students is CA. CA exams are conducted by the Institute of Chartered Accountants (ICAI) and require one to clear three examinations viz. CPT, IPCC and Final CA. IPCC exam consists of two groups. After clearing one of the groups, a student is required to register for articleship with an experienced Chartered Accountant for a period of at least two and a half years. After clearing both groups of IPCC and successfully completing your articleship you can appear for the Final CA exam. Like IPCC, Final CA has two groups as well. After clearing both the groups, you can proudly affix CA before your name. Eligibility: Graduation + 2.5 years of work experience
Duration: 3 years
Top employers: HDFC, Deloitte, EY, Tata, Accenture
Avg. Salary range: 7 lacs to 20 lacs (Source: PayScale)
Masters of Commerce (M.Com)
Done with B.Com. What next? We are sure most of you said M.Com. It is very common for students to go for the Masters degree in Commerce after completing B.Com. You can pursue it from any recognised institute. M.Com is a programme that focuses on a systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management. Eligibility: Graduation
Duration: 2 years
Top employers: TCS, Infosys BOP, Genpact, EY, WNS Global Services
Avg. Salary range: 3 lacs to 5 lacs (Source: PayScale)
Masters of Business Administration (MBA in Finance)
There is always someone in the family who will advise you to pursue MBA. A good career in MBA mostly depends on the credibility of the institute it is pursued at. If you are an IIM student, then success will follow you to your doorsteps but doing MBA from an ordinary or a less renowned institute, might not add much value to you resume. The first step for MBA is the CA. (Common Admission Test) exam. CA. Scores determine your eligibility in almost all the top MBA institutes. Eligibility: Graduation and above
Duration: 3 years
Top employers: Amazon, JP Morgan, Microsoft, Accenture, Bank of America
Avg. Salary range: 6 lacs to 10 lacs (Source: PayScale)
Lets go International
Certified Management Accountant (CMA)
If you have plans of going global or working in some of the top MNCs then an international certification is the right choice for you. CMA is offered by the Institute of Management Accountants (IMA), USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA).

List of courses for B.Com graduates:
Masters of Commerce (M.Com)
M.Com is the most popular course after B.Com. This is a two-year course wherein students can choose their specialisation from the following subjects:FinanceAccountingEconomicsTaxationBusiness StudiesMarketingManagementStatistics
Students must keep in mind that they opt for the course only from a college approved by AICTE or from a university recognised by the Government. Career options availableProbationary officer at a nationalised bankCustomer relationship executive at a nationalised bankRelationship managerSales officer (accounts)Company law assistantJunior accountantLoan officerCredit officer in an insurance companyFinancial analyst
Masters in Business Administration (MBA) in Finance
MBA is one of the most popular courses that assure a good placement. Commerce graduates can opt for MBA in Finance which is a two-year programme. To get enrolled in an MBA course, a student needs to clear an entrance test followed by group discussion and interview. Once enrolled, the student can choose their specialisation from the following:Financial managementMarketing managementBanking & insurance managementSystems managementHuman resource management
Career options availableAsset managementDerivatives structuringCorporate financePrivate equityCorporate bankingCredit risk managementTreasuryHedge fund management
CA/CS/ICWA
Students looking for lucrative job prospects especially in the accounting profile can opt for Chartered Accountancy CA Company Secretary CS and Cost and Work Accountancy (CWA). Chartered accountant CA exam is conducted by The Institute of Chartered Accountants of India (ICAI). The candidate needs to clear three exams, namely, CPT, IPCC and Final CA. However, graduate students can directly appear for IPCC which consists of two groups. Once one of the groups is cleared, the student needs to register for articleship with experienced CA's. The period of the articleship should be at least two and a half years. When both, the groups and articleship is cleared, the student can appear for Final CA. The Institute of Cost Accountants of India (ICAI) is the premier statutory professional accountancy body in India for Cost and Works Accountant (CWA). Commerce graduates are.

One of the most popular options are listed below :
1- Chartered Accountant : One of the most reputed post in our country. But you must have determination to be a CA.
2- ACCA : Another great position. Please note that this course is easier than CA. If you are not among the 5 toppers of your class you can go for ACCA. Just kidding.
3- Software Engineer : Im not joking. Most demanding post in any software developing company. You have this advantage over the students who opted commerce + maths. As you will be given basic knowledge about computer language' in your school, so you can apply for BCA + MCA.
4- Manager : If you have leadership skills and a good level of aptitude, you can become a manager in any firm. But for this you may possess a degree in MBA in certain circumstances.
5- Economist : This post is gaining great demand in today's world. Having command over economics can get you jobs worth Lacs. You have to apply for Eco honours in college.
6- Lawyer : Start preparing for CLAT if you want to become lawyer and want to pursue your career in law. If you are gifted with debating skills then everything is yours.
7- Company Secretary : Again a professional post in a company. Go for this if you are good at managing the things.
8- Accountant : Every firm whether small or large needs an accountant to manage their accounts. You just have to gain some basic knowledge about accountancy and accounting software like tally that's it.
9: CIVIL SERVICES : Want to have the best job in country with a handsome salary and several perks then go for UPSC exams. Passing this exam will enable you to hold the position of IAS IPS, IFS and other most reputed positions of our country. Must give it a try. This can be the game changer of your life. Other options includes : CMA, CFA Hotel Management, Event Organiser, Banking Services and many others.

As per your request, I would like to inform that CS after M.Com will take 2.5 years - 3 years. You will have to pass Executive level after that you can start your 15 months training. In the mean time prepare for Professional level also and after one year from giving Executive Exam you will be eligible for Professional and thus you can give your Professional exams also. Thus your training and examination will go on simultaneously. Like if you registered in ICSI in Feb 2018 you will be eligible for Executive exam in December 2018, thus you can give your exams and pass your Executive in Feb 2019 and thus from Feb 2019 you can start your training of 15 months which will complete by May /June 2020. In between you are eligible for Professional level exam in December 2019. Result will come in Feb 2020. Thus by June 2020 your papers and training will be completed. But to complete in 2.5 years you have to pass the exams in one attempt.