Accounting & Commerce

MBA is a generic course about the business management and administration and it focuses on managerial functional areas of business such as accounting, finance, marketing, human resources, and operations. MBA exposes students in all management functions for all kind of industries from FMCG to core technology companies. B.A. Is an all-purpose degree which provides a graduate to choose his career options based on his interest, strength in management functional area and personality traits. MBA from top B-Schools have career opportunities in the field of consulting, Business Analyst, Pre-sales support, Project Managers, Functional Managers, operations management in private, government, PSU and NGOs. MBA provides wider options in different functions and various types of industries. Although, you must do postgraduate degree based on your interest area, I will recommend MBA over M.Com for better career opportunities and growth.

The CS course is through correspondence and can be completed in three and a half years, and the registration is valid for five years. Three and half years is long period and sometimes students having sufficient time to enhance their knowledge and employability. Although LL.B. Is ideal additional qualification for a Company Secretary, it will be good if Company Secretary aspirant undertakes short courses in various law specializations. Computers Office Automation courses will also be a good value add. In addition if Company Secretary aspirant is a graduate, Post Graduate Diploma in Management or Functional Post graduate Diploma is also a good value addition qualification. MBA degree after CS can also help in career growth.

Chartered Accountants CA is a professional qualification and CAs are regulated by the Institute of Chartered Accountants of India (ICAI). Chartered Accountants offer financial advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes. CA are employed by business enterprises, consulting firms and they can also works as independent consultant. CA is not an educational degree offered by University or educational institute. Therefore, for its membership it is not governed by Government of India reservation policy for its membership. If ICAI have reservations for its professional membership then it will not legal as per constitution also it may compromise its professional carter, ethics and code of conduct. Its membership is open for SC, ST, OBC candidates and they can compete and get CA designation based on their merit. ICAI membership and award of CA and FCA is based on meritocracy.

MBA after M.Com gives a big push to career even in financial vertical. MBA is a generic course on business management and administration and it focuses on managerial functional areas of business such as accounting, finance, marketing, human resources, and operations. MBA exposes students in all management functions for all kind of industries from FMCG to core technology companies. MBA is an all-purpose degree which provides choose to graduates to choose his career options based on his interest, strength in management functional area and personality traits. MBA from top B Schools have career opportunities in the field of consulting, Business Analyst, Pre sales support, Project Managers, Functional Managers, operations management in private, government, PSU and NGOs. MBA provides wider options in different functions and various types of industries. Although you must choose you educational qualifications based on your interest area, I will recommend MBA even after M.Com for better career opportunities and growth.

It also helps in preparing the students for business enterprises in Account and Finance roles. Some universities offers multiple electives and allow students to specialise in a particular subject in a final year. Some legacy universities offer B.Com degree course. Majority of syllabus of B.Com (P) and B.Com (Hons) is same. B.Com (P) gives an overview of various subject where same course in Hons has more depth and content. In B.Com (P) you cannot specialise but in Honours degree student can specialise. B.Com (Hons) is now a de-factor a standard accepted degree for jobs. Cut off for B.Com (Hons) in majority of universities is higher in comparison to B.Com (Pass) as its the preferred choice of students and recruiters. Syllabus of B.Com (Hons) helps and make it easier for students to clear CA examination.

The company secretary is responsible for the efficient administration of a company, particularly with regard to Corporate Governance ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented. The company secretary ensures that an organisation complies with relevant legislation and regulation, and keeps board members informed of their legal responsibilities and also ensures that board of directors looks after shareholders interest. He is legal signatory to all company documents. Any engineering graduate can earn Company Secretary professional qualification but it will not be aligned to its basic educational qualification. CS may not ever have the opportunity to use engineering knowledge and skills in executing its role and responsibility as a CS. In case you not technically oriented and want to change your career stream you may do CS but it will involve another min 3+ years of further education.

Pass rate of CA examination is traditionally very low. Students who enrol for CA after 10+2 face lots of challenges in case they are unable to complete CA curriculum. Therefore in order to mitigate risk of lack of career in the event of CA examination failure, it is a good mitigation option to have additional educational qualification for alternate career. Bachelor of Commerce with Major in Accountancy and Finance from IGNOU is designed and developed in collaboration with The Board of Studies, The Institute of Chartered Accountants of India, exclusively for the Chartered Accountancy students. The main objective of this programme is to develop skills and competencies of the students in the field of Accountancy and finance. Thank you.