B.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.

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.

ERP is an abbreviation for Enterprise Resource Planning and means, the techniques and concepts for integrated management of businesses as a whole from the viewpoint of the effective use of management resources to improve the efficiency of enterprise management. ERP systems integrate all the functions and departments within an organization through a common information system
Most common modules for an ERP system are Finance, Manufacturing, Human resources, Procurement, Customer relationship management etc. ERP software can be customized to keep critical business processes. SAP is the worlds largest selling Enterprise Resources Planning (ERP) software system. For implementation of SAP you require ABAB developers and functional consultants. If you want to make career in Technical then you may learn ABAB and do certifications. In case you want to be a functional specialist, you can do one of more functional module certification. SAP professionals are paid above normal developers and Business Analysts. With SAP certifications you can join IT companies or IT department of business enterprises. Major advantage of SAP certification is as follows:
(a) Increased probability to get a decent job
(b) Better salary in comparison to no SAP candidate for same post
(c) Well recognized brand certification adds to reputation
(d) Very good career growth opportunities with experience
(e) Opportunities to travel for SAP implementation
(f) Job in foreign countries
SAP functional modules are as follows:
(a) Human Resource Management (SAP HRM), also known as Human Resource (HR)
(b )Production Planning (SAP PP)
(c) Material Management (SAP MM)
(d) Financial Supply Chain Management (SAP FSCM)
(e) Sales and Distribution (SAP SD)
(f) Project System 'SAP PS'
(g) Financial Accounting and Controlling (SAP FICO)
You may do SAP FICO certification to enhance your employ-ability.