Of all those massive changes sweeping through the economies of the world, perhaps the one area that commercial studies have been opening up to students quite recently is globalization. The rapidly growing economy creates jobs for graduates of commerce. Now, it has a lot to choose from. Many people are under so much pressure deciding on which of many courses to take-whether to do B.Com or to do any diploma in commerce and what will happen next. This article happens to be one such.
I’m going to let you have some feel maps for some of the major courses that improve your high finance knowledge and ability to work on the global platform.
Why Are Professional Courses Required?
In today’s world, competition is so cutthroat; it is not only the entry into the market but also a free job search; an independent undergraduate such as that of B.Com is the least to be good for getting a job. Really, furthering a professional course gives a neat chance to get one in.
The fact that because of this, you develop a professional attitude.
- You can acquire experience in work.
- Thus, you are miles ahead of your competitors when you sit for an interview.
- Preference for Multinational Companies:
- Your salary package and growth will magnify.
- Most Wanted & Well Paying Course for Commerce Students
Chartered Accountancy (CA):
As per the most wanted degree in India, it is very close to the top and particularly sought after for those pursuing the courses in taxation, accounting, and auditing of endorsing institutes.
Job Role: Accountant, Tax Consultant, Auditor, Controller
Salary: 8 lakh – 30 lakh per annum
Eligibility: Entry after clearing intermediate after B.Com.
Certified Public Accountant – USA: CPA certification:
This is US based course that is universally accredited by multinationals.
Job role: Internal Auditor, Tax Advisor, Forensic Accountant
Salary: 10 lakh – 25 lakh per annum
Eligibility: B.Com (from NAAC A-grade college) + Bridge course as per credit norms
CFA (chartered financial analyst):
This is wonderful opportunity to those wishing to specialize in taking a course in finance, analysis, portfolio management, or investment banking.
Job Role: Portfolio Manager, Investment Strategist, Research Analyst.
Salary: 10 Lakh – 30 Lakh per Annum.
Eligibility: Current Final year undergraduate students.
ACCA (Association of Chartered Accountants – UK):
Thus, this is perhaps the most globally accepted program through which one can get off to a pretty good start in any career one wants-in accounting, finance, or auditing…
Job role: Auditor, Servicesanalyst in Finance, Budget Manager.
Salary range: INR 5,00,000-15,00,000.
Qualification: 10th Pass, 4:12, All Graduates- All categories are eligible.
CMA (Certified Management Accountant USA):
Institute opens for students all excellent topics on aspects of management accounting and finance planning.
Job Role: Budget Analyst, Finance Manager, Chief Financial Officer.
Salary: 12 lakh – 25 lakh per annum.
Qualification: 12th pass or graduates.
CIMA UK – Chartered Institute of Management Accountants:
The primary aim is to provide a specialized course of study to get a career in Management Accounting and Strategic Finance.
Job Role: Al funds were distributed to the members from the main fund on the basis of their scores in the foregoing examination.
Salary: 800,000 – 2,500,000.
Qualifications: Graduates, Postgraduate, Accounting Professionals.
CFP (Certified Financial Planner):
The ideal candidates for these types of courses may prove to be more likely than others to pursue matters concerning solutions in personal finance-related subjects like mutual funds, tax planning, and insurance planning.
Job Role: Financial Planner, Wealth Manager, Tax Advisor.
Salary: 500,000-150,000.
Qualification: 12th + graduation in any stream.
FMVA (Financial Modeling and Valuation Analyst):
This short course prepares students for various activities concerning capital investment.
Job Role: Investment Banker, Fund Manager, Data Scientist
Salary: 500,000-1,000,000.
Qualification: Students pursuing B.Com or Graduation.
Should One Go for Post-Graduation?
Generally, post graduation is not at all required following this professional course, be it MBA or M.Com; because over the level, the higher the education, skill and experience increase, so does the market value.
Conclusion
Hence, being just a simple graduate, in this fast-changing world of finance, should devalue you much. It is the course that beats all other students up. It does not matter which professional course, it may be ACCA, or CFA, or CPA; all will leave footprints. These courses stamp their marks not only by providing wings for one’s knowledge and skills but also by opening avenues through global benefits. So here’s a sage advice: choose that course which serves your interest, career goal, and position in finance; someone can reach his commercial success with the right course!
