Accounting & Commerce

UPSC conducts civil services exam every year for the posts of IAS, IPS, IRS, etc. For Civil Services exam, you need graduation in a stream with any percentage.
So you can apply for Civil Services Exam after graduation (B.Com) or you can also apply for Civil Services exam while appearing in final year of graduation.
Eligibility Criteria For Civil Services:
>you must have completed or appeared in final year of graduation.
>your age must be within 21 years to 30 years on 1 August of the year of exam. there is relaxation in upper age limit up to 3 years for OBC and 5 years for SC/ST candidates.
Limit Number Of Attempts:
>General category: 4 attempts
>OBC category: 7 attempts
>SC/ST category: No Limit

You will have to appear for CAT.
Regular Candidates:
- The valid score in the Common Admissions Test (CAT) conducted by the Indian Institutes of Management.
- Graduates (or professional qualification equivalent to that of a university degree recognized by the UGC) in any discipline with first class or 60% marks (55% for SC/ST/PD) earned in their degree from a recognized/reputed university.
- Final year students (of the above-mentioned programme) are also eligible to apply. Such candidates, if selected, will be admitted provisionally, on the condition that they meet all requirements for the qualifying degree before the start of the program and will produce a provisional certificate of completion within two months of joining the programme.
- IIT graduates who have obtained a CGPA of 8 and above on 10 are exempted from CAT score.

Both the courses MBA finance and ICWA (Cost Accountancy) are good in their own way.
MBA in finance is the course which will empower your knowledge in the area of finance plus in business management.
If MBA in finance (Regular) is done from a reputed institute then it can place you in a very good company or organisation as all the reputed MBA institutions provide campus placement opportunity.
But doing MBA from any institute will not enhance your career in any way.
Doing MBA from a reputed B-School is important.
For that, you need to sit and score enough in one among many of the reputed entrance examinations conduct in India.
ICWAI is also very good course to get the thorough knowledge of the cost controlling and management.
You will be eligible to apply in the 2nd level of ICWAI if you have done your graduation from a recognised university.
ICWAI candidates can also expect very good salary and position in any company. ICWAI course needs serious and regular study, only then the student can clear all the 3 levels of ICWAI.
ICWAI is regulated by one institution that is Institute of Cost and Management Accountant of India and it will surely have a center in Punjab.
The choice is yours otherwise both the courses are very good options in finance stream.

As per the new rule, one can not pursue any other course along with law.
It was only recently that I was enlightened of the fact that pursuing law with CS is barred by Rule 6 of the Rules of Legal Education, 2008.
6. Prohibition to register for two regular courses of study: No student shall be allowed to simultaneously register for a law degree programme with any other graduate or postgraduate or certificate course run by the same or any other university or an institute for academic or professional learning excepting in the integrated degree programme of the same institution.
Provided that any short period part-time certificate course on language, computer science or computer application of an institute or any course run by a Centre for Distance Learning of a University, however, shall be excepted.