Accounting & Commerce

The choice is tough, but the point is that both the colleges are equally good. I have a friend from LSR and I can tell you from her experience that LSR teaches you a lot more than SRCC.
When it comes to placements, SRCC being the commerce-focused college provides better placements than LSR.
SRCC being ranked as the top college to pursue a course related to commerce studies for years now has proved to be the best college for both B.Com and M.Com. With cut-offs reaching the 100% mark, it has now become a dream for every student to get admission here. Founded in 1926, Sri Ram College of Commerce is known not only for its academic excellence but also for the extra-curricular opportunities it offers. The commitment to ECA, talks, seminars and academics equally good when we talk about SRCC. I would suggest SRCC any day when it comes to a better college in each and every aspect for M.Com.

The field of accounting is challenging and exciting. It is the field where one becomes familiar with the very finer points of business. So, it becomes a platform for many senior level positions to start with it. The job of accountant is always in demand. Taxes, audits, and book keeping and overall the business scandals keep the demand of accountants hot.
The discipline of Accounting revolves around the mechanism of business track, its income and assets. The domain of accounting encompasses activities like preparing of financial statement, costs computing, mergers & acquisition, recording of business transaction, quality management, tax strategy, etc.
Options after B.Com:
Chartered Accountant (CA)
Most commerce graduates pursue CA, which is a lucrative career option since it renders them with multiple opportunities be it working as a chartered accountant in a big firm or working as an auditor (both internal and external). As an auditor you will need to work with several clients and check financial statements; chances are with a good CA rank you can enter the top-most banks in the world.
You need to clear three examinations for a CA degree Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC) and Final CA which are conducted by the Institute of Chartered Accountants (ICAI). CPT is an entry-level test; a commerce graduate can directly apply for IPCC exam and after completing its two groups can move to Final CA. Once you complete all levels of Final CA, Congratulations! You are a registered CA degree holder now. A CA can have a great career as an investment consultant or as a fund manager in the long run.
B.Com graduates with a CPT score can opt for a Chartered Financial Analyst (CFA) degree abroad at a recognized university; it comes with some prerequisites which you have to fulfil.
Masters of Commerce (M.Com)
This is a two-year programme. Fresh graduates or students who have completed the Final CA programme are eligible for this degree. This is a broad field to study, which covers areas like accounting, actuarial sciences, economics, statistics, finance and others. M.Com graduates are usually employed in fields like marketing, project management and others. You can also opt for your PhD after completing M.Com.

Yes, you can.
One thing important here is: Why would you want to do that?
After studying commerce, growth of commerce is huge.
But if your interest lies in science then you might shift. Why most of the people go for an MBA post engineering, B.Sc, science courses, etc. The answer is accounting, marketing, financial education is the key to understand any business.
It is good that you have studied the basics in commerce. If this has made any interest in you do stick to commerce for higher studies.
Else, yes you can opt for B.Sc but the cut-off for any college will be higher for you than the science folks in this case.
Try to make your decision considering various factors. Your interest, aspirations, what you expect from your life and job. How will this make you achieve your goal in the long run, etc.
All the best!

Hello,
If you are sure that you want to make your career in finance field then M.finance makes more sense.
MBA is a broader course after which you can opt for operations, risk profiles, finance or marketing.
So, all in all, if you are not sure about the next step, MBA will be a safer option.
If you are fine with finance and don't want to change your decision go for M.finance.
You can also opt for MBA in finance. The difference between Masters in financial accounting and an MBA in finance would be the course structure. Masters in accounting will have in-depth knowledge of subjects like accounting wherein MBA will give you an investment banking, accounting and finance perspective.
You can also think and explore other options like a CA or a CFA. Just a tip, be very sure of the colleges you are applying for.
Thanks.
All the best.

The CFA Institute provides the following breakdown of the most common professions:
5% Relationship Manager.
16% Research Analyst.
7% Chief Executive.
7% Consultant.
5% Corporate Financial Analyst.
5% Financial Advisor.
23% Portfolio Manager.
6% Risk Manager.
Jobs after MBA Finance.
Accounting Manager.
Chief Financial Officers.
Cash Managers.
Manager Consultants.
Investment Banking Associates.
Credit Managers & Specialists.
Financial Analyst.
Corporate Controllers.
Both the qualifications will be like jam and butter on the bread.
The average salary can be expected somewhere around 15-25 lakhs per annum. It will although, require a lot of hard work. However, it will be a dream come true.