Accounting & Commerce

You have multiple options after B.Com such as MCA, M.Com, MBA and finance certifications.
You will be eligible to do MCA if you had maths at +2 stage. It is a very good option if you want to make your career in IT industry.
M.Com focuses on commerce, accounting, management and economics related subjects and prepares you for finance and accounting jobs in enterprises.
MBA is a generic course on business management and administration and it focuses on functional areas of business such as accounting, finance, marketing, human resources, and operations. MBA provides wider options in different functions and various types of industries. Although, you must do post graduate degree based on your interest area, I will recommend MBA with finance specialization for better career opportunities and growth. You can top up M.Com and MBA qualifications with various finance certifications such as CMA, CFA, LOMA, etc. for career growth.

The best options in front of you after a B.Com (honors) are:
1. MBA finance from a reputed B-School which has 100% campus recruitment. You need to appear for CAT or similar exams for that. It's of no use to waste 10 to 20 lakhs INR in an ordinary MBA college as they are abundant in the country nowadays. Most students passing out from ordinary MBA colleges are either remaining unemployed or working for 5 to 10k salaried jobs. So if it is an MBA, it must be from an IIM or similar ranked B-school.
2. You may go for Indian Professional Accounting Course like CA/ICWA. However, get ready to study hard for the next 3 to 5 years before you start your career as you have to pass 14 / 15 papers (Pass rate of CA/ICWA exam is 8% to 9% in India.)
3. You may go for an International Professional Accounting course like CMA US. It has 2 papers, smart compact syllabus which you can pass within 6 months to max. 1 year and has International Value. Being a CMA US you can start with your career joining a good MNC like Deloitte/ PWC / TESCO/ Capegemini/ Caterpillar by 2017 with a minimum salary of 40 to 50k.

Hi,
In order to pursue full time MBA or PGDM program you need:
- Graduation in any field with at least 50% aggregate marks to be eligible to apply.
- Then, you need to clear the selection process of the B-school, starting with an entrance test accepted by the B-School. For e.g. CAT, MAT, SNAP, CMAT.
The selection process in B-schools is generally based on:
- Past academic record
- Scores in management entrance tests
- Performance in Group Discussion
- Performance in Personal Interview
- Work experience
Each B-school shortlists candidates for the second/ final stage of selection, which may be independent of each other. The process may include:
- Written Ability Test (What)
- Group Discussions (GD)
- Personal Interviews (PI)
Performance in various management entrance tests is an important component in the admission process. B-schools may use previous academic performance of the candidates, relevant work experience and other similar inputs in short listing and ranking of candidates at various stages of the admission process.
The processes, academic cut-offs and the weights allocated to the evaluation parameters may vary across B-schools. Please note that you have to apply separately in each B-school you wish to take admission, once you apply then you have to go through the selection process mentioned above.