MBA after Bcom
For many students who study commerce in the 12th standard, B.Com is the most sought-after course. Studying commerce helps develop a strong foundation of essential concepts for business operations.
The knowledge students acquire as commerce graduates help them understand the nitty-gritty details of businesses, handle business-related data effectively, and make informed decisions. B.Com graduates find it easy to land banking, accounting, finance, auditing and many more jobs.
However, students looking forward to a significant career enhancement after their B.Com often pursue an MBA. Pursuing an MBA after B.Com helps open up better job opportunities for candidates, earning them higher company positions and better salaries.
Are you wondering, “Is MBA good after B.Com?” or “After B.Com, which MBA is best?”
This blog will guide you through. Let's see how pursuing an MBA after B.Com can benefit students and how the specializations of an MBA can open up a wide range of career options for them.
Is it a good option to study for an MBA after completing a B.Com?
While a B.Com degree helps strengthen your foundation, an MBA course takes you one step further. Students can opt for specializations in their MBA degrees, which can impart the right skills to have the upper hand in job opportunities.
An MBA provides advanced knowledge of accounts, finance, and business, offering a holistic understanding of how businesses function. The two-year program also strengthens communication, leadership, problem-solving, and critical thinking abilities.
Let us look at the advantages of opting for an MBA course after B.Com.
Top 4 reasons why you should opt for an MBA after B.Com
With the increase in the number of multinational companies, there is an increase in demand for skilled professionals who can help in the smooth functioning of the companies by taking care of their business issues.
An MBA contributes to an individual's personal and professional development, making way for various opportunities.
Listed below are some of the advantages of pursuing an MBA after B.Com.
1. It becomes easier to grasp the concepts
A B.Com degree holder understands the basic concepts of economics, accounting, finance, marketing, business planning, and related subjects. Such a candidate is already prepared to pursue a career in different fields, such as law, insurance, banking, advertising, accounting, and many more.
An MBA degree covers many subjects already taught in a B.Com course and provides in-depth, elaborate knowledge. This gives B.Com graduates an edge over others, as the MBA curriculum is often within their easy grasp.
2. Scope for specialization
An MBA course offers immense scope for specialization. When you study B.Com, you learn the basic concepts of business and commerce. If you look forward to in-depth knowledge, an MBA is the best option to help you venture into the specialist track.
An MBA course covers everything from marketing and finance to logistics, supply chain management, and HR.
3. You develop managerial and leadership skills
An MBA degree is among the most recognized courses accepted across multiple industries. Employers prefer hiring MBA graduates for various leadership and managerial roles because of the vast knowledge and experience they gather during their course.
An MBA course helps learners acquire conceptual, decision-making, technical, and interpersonal skills, preparing them for the competitive world. A candidate with these abilities is ideally suited to become a corporate manager.
4. Rise the career ladder
An MBA after B.Com degree is a powerful combination that can set individuals apart in the competition. While a B.Com degree provides candidates with a fundamental understanding of business, an MBA course enhances the knowledge.
One pursuing an MBA course acquires skills relevant to the private and public sectors. Not only this, but one can also earn a handsome package after completing an MBA. You can expect a good pay package based on your experience, the skills you have acquired, and the organization you have previously worked in.
Popular MBA specializations
To reap the best benefits from your MBA degree, you need to know the MBA specializations in demand in the job market.
You may be wondering after B.Com, which MBA is best. Listed below are some of the MBA specializations that students can opt for:
- MBA in Finance: If you pursue an MBA in Finance, you will manage the finances of a company. You will be responsible for helping a company attain its financial goals.
- MBA in Human Resource Management: An organization’s human resources plays a vital role in determining its culture. An individual who holds an MBA in Human Resource Management has to plan the workforce of an organization, hire new talent, train employees, and so on.
- MBA in Information Technology: Since technology has become an inseparable part of our lives, an MBA in Information Technology is very much in trend. The career scope in this field is increasing every day.
- MBA in Business Management: If you opt for an MBA in Business Management, you will acquire the skills needed for effective organizational behavior management.
- MBA in Logistics Management: Students who pursue an MBA in Logistics Management supervise business operations related to product supply. They ensure that products and services are delivered to the right people at the right time.
Therefore, if you ask which MBA is best after B.Com, there is no specific answer to this question. It depends on an individual’s interests and career goals.
Job opportunities for candidates with an MBA after B.Com
Based on your experience, skills, and expertise, you can bag great opportunities to pursue an MBA after completing your B.Com degree. Some of the job roles are:
Human Resource Manager
If you complete an MBA in Human Resource Management, you can become a Human Resource Manager. The average salary of a Human Resource Manager is 7,68,754 INR per annum.
Investment Banker
After completing an MBA in Finance, you can become an investment banker and help an organization decide how to raise capital. The average salary of an Investment Banker is 6,95,305 INR per annum.
Business Development Manager
After completing an MBA in Business Management, one can become a Business Development Manager. The average salary of a Business Development Manager is 6,70,402 INR.
Conclusion
If the question “Is it good to do MBA after B.Com?” bothered you, we hope this blog has solved your query. An MBA can give you an edge over others. These days, several online platforms allow candidates to pursue a course online without quitting their jobs.
At ITM, you can choose from an array of MBA specializations. Plus, there are added perks like intensive industry internships and career advancement assistance. Visit itm.edu, select the domain you want to specialize in, look at the MBA after B.Com fees, and enroll in your preferred specialization to boost your career prospects.
FAQs
1) Can a commerce student do an MBA?
A commerce student can opt for an MBA. An MBA after B.Com is advantageous for students. The concepts built in a B.Com course make it easier for commerce students to grasp the topics taught in MBA.
2) What is the best MBA specialization after B.Com?
There is no specific answer to this question. It depends on an individual’s interests, skills, and career goals and which specialization will suit the candidate.
3) What kind of jobs can I get after with a B.Com and an MBA?
The MBA specialization one opts for determines the job the candidate will secure. An MBA in finance, business management, human resource management, or digital marketing can help candidates secure high-paying jobs in different domains.
4) Can I get a job overseas after completing my MBA-B.Com in India?
If a candidate has good communication abilities and the skillset that an overseas company is looking for, they may get an overseas job.
