Banking, Finance & Insurance

1. M.Com: This course is an extension to B.Com and helps you gain a deeper insight into the general functions of working of a business. Generally, those who want to do research work undertake this course. An obvious progression would be to do an M.Phil followed by a Ph.D depending on the level of expertise desired. Jobs available are teachers in schools and college. On the corporate side, you have an opportunity in the finance department of corporate to work as an analyst, research work, consulting, etc.
2. CA: CA can be done along with UG itself and need not necessarily be after PG. This course helps you develop a level of expertise in Accounts, Tax, Audit & Assurance and Consulting. At the intermediate level, one is required to do article ship wherein one can get the insight into these departments thus align your job to your desire. It has a great prospect.
3. CS: These are the people who ensure regulatory compliance of rules and regulations. Again like CA can be pursued along with grads and is relatively easier than CA.
4. ICWA: Cost accountants who control and manage the cost of an organisation.
5. MBA: It is a post graduation course that helps an individual to build himself an array of things such that his overall personality is enhanced and he can better manage various functions of an organisation and probably with time build an understanding to manage the entire organisation. In a B-School one get n number of opportunities to explore his talents in the various field. A budding entrepreneur gets people with alike minds and thus get pursue his passion with similar people around him.
6. Law: With a little understanding of the business law in B.Com and individual can get a brief exposure to the subject and probably decide if he wants to pursue this or not.
Apart from these generic courses, there are a number of other courses that an individual can pursue.
1. Actuarial Science: It for those people who like risk management and like analytic. Understanding of economics and statistics would be necessary to pursue the course. There are a limited number of fully qualified people and thus its a very high paying job. 14 papers. These are people working with the likes of the insurance company to decide upon premiums maturity, etc.
2. CFA: This again is a professional course on the higher side as per the cost is concerned.

Hi, Of course, you can!
But it just cannot be a wild dream that I want to pursue CFA. Coming from an Engineering background, your first hurdle would be with accounting. The kind of preparation you need is going to be extensive, plus crossing CFA level 1 will not make you an overnight hit. Level 2 and above gets you the real respect. Let me break it down point by point -
Accounting background -
It is a need along with mastering other concepts from Finance and Economics. Just because you are good with maths and have an analytical side does not mean you will sail through. It is going to be challenging. You need to be dedicated, focused, join some form of coaching and stick to the routine. As we grow old sticking to the routine and studying 12 hours a day with focus becomes tough (ask me about it - just cant study something new for long)
2. Managing the gap -
Crossing level 1 is easy but to do that you need a minimum 6 months of preparation (1 year considering you would not be awesome in Accounting and Finance in Day 1). So by the time you would have crossed level 1, you would be a year older, your friends would be doing something or the other - post graduation, job etc. It is enough a distraction for you to get pulled into something else. The worst scenario - you make get a finance job which takes focus away from Level 2 which is the real deal. Continued focus for 2 years at a stretch with 12 hours a day study routine (unless you have been a state champion in boards before) is going to be tough. If you can follow this way of working, nothing like it. If you cannot here a simple plan -
Prepare for 3 months with all your stamina and give the CFA Level 1 (I know you would feel 3 months is not a lot of time, but that's the trick - the more time you give yourself the more relaxed your mind will become - see we engineers study the most only a night before the exam - Take this the same way). After the results you would know either of the three things -
You are a gem and you cracked it
You are almost there, if you had 3 more months, maybe you would have made it
You arent cut out for it (so move on)
This strategy is called in the start up world - Fail Fast Learn Fast - If you fail early it will help you lose stress over failure, help you contemplate if it is even worth another attempt or might just pump you enough to try harder. Glad I wrote this answer. Ill now go back to my work (high time, I practice what I preach), wish you the very best!