Congratulations, after four hard years of work you’ve finally finished your B.Com! Now what? We’ve outlined for you the most common courses after BCom to set you on the right track for your career.
Let’s take a look at the most common career paths for continued study after your B.Com (in some cases, assuming that you’ve also worked in a full-time job for a few years).
Most popular courses after BCom:
Master of Business Administration (MBA)
The MBA is a highly sought after degree, with over 250,000 people sitting the GMAT exam each year (which is required for admission into most schools).
Pros: If you go to a good school (such as Harvard or Wheaton), then an MBA can carry a lot of weight. There is a lot of networking in getting an MBA, so if you do it in the right city, then it can really help you in your job search. Finally, the MBA is very broad and well rounded, so you will learn a lot about general management. It’s a great way to get into careers like investment banking and private equity.
Cons: It can be very expensive, and if you don’t go to a top school, then you will be lumped in with millions of others who have a diluted degree. You can’t take an MBA right after graduation from your B.Com; you typically need 2-3 years of job experience.
Chartered Financial Analyst®
Becoming a CFA® charterholder is also a popular path for more courses after BCom. Over 180,000 people sit the CFA® exams each year around the world, however, the pass rates through all three exams are very low.
Pros: This is a great path for someone wants to become a financial analyst. The program is a highly regarded designation and carries a lot of prestige. MBA programs vary by school, but all charterholders are equal. The program is also much less expensive than the MBA.
Cons: The pass rate is very low, it often takes more than three years to complete, and it’s very specifically focused on portfolio management, which is great if you want to have a job as a PM or work in equity research.