One of the most common questions we get from CFI students before they start is – “What can I do after B.Com (bachelor of commerce degree)?” They often come to us feeling a bit confused about what to do next.
On the one hand, they have worked hard and invested a lot of money in earning a B.Com. On the other hand, for many career paths, a B.Com is not enough, and more training, education, or even a designation is required.
This guide is designed to help you navigate any confusion and find the path that’s right for you.
10 Best Things You Can Do after B.Com:
#1 Get work experience at a bank
This option should be top of your list. Banks are one the biggest employers in the financial services sector and they like hiring students who have just graduated with a B.Com degree.
Click here to see a list of the top 100 global banks and start planning your approach. Be sure to attend campus recruiting events if you’re still a student, or start networking with alumni if you’ve already graduated.
The top options for careers at banks for someone with a B.Com include:
Still wondering, what can I do after B.Com? Working at a large public accounting firm is a great place to start. The biggest accounting firms hire a lot of university graduates each year and their training programs can give you more knowledge, more skills, and excellent work experience.
The best options for careers at accounting firms with a B.Com include:
Corporation refers to an operating company like Google, Facebook, Tesla, Amazon, Salesforce, etc. Corporate careers can be an excellent training ground for a recent bachelor of commerce graduate, as they can offer a wide range of work experience and provide a good work-life balance.
The best roles for a B.Com graduae at a corporation are:
If you don’t get a job at one of the above three choices right after school (or even if you do), you may want to consider studying for the FMVA. This designation is heavily focused on financial modeling and valuation, as well as on other practical applications.
It can be so challenging, some recent B.Com graduates prefer to focus on studying for it full time and after they finish their undergrad degree.
Still wondering, what can I do after B.com? Earning a Master of Business Administration (MBA) can help set you apart in a crowded job market and earn you the respect of your peers. Another fall back plan if you don’t land a job at the first three options is to pursue your graduate degree.
We already listed public accounting firms in spot #3, but that was for positions that don’t necessarily require becoming an accountant (those positions can be occupied by finance professionals).
If you’re willing to start in the Audit group at a public accounting firm, you can earn your CPA or CA designation (depending on what country you’re in) and move up to being a full-fledged accountant, or move on into other areas of the firm.
Becoming a CPA will give you the gold standard in accounting knowledge, and make your employability much higher. Banks, corporations, and institutions love hiring professionals with accounting designations.
#8 Change career paths
When you asked, what can I do after B.Com, you probably didn’t expect to hear “change career paths” as an option, but the reality is that sometimes that is the best choice.
The B.Com has given you great training and exposure to finance. Now you can complement that with another skill, such as coding, engineering, or entrepreneurship, and move into an area that may be a better fit for you.
It may be hard to make a change after investing so much time, effort, and money in a bachelor of commerce degree, but always stay open to the idea of moving into another field entirely.
If our suggestions thus far still haven’t satisfied your question of, what can I do after B.Com, perhaps this one will: One of the biggest assets of a B.Com program is the alumni network.
The best way to get full value from your alumni network is to talk to the career center and ask for introductions to alums who are working in the same field that you’re interested in working in.
Here are a few points for effectively networking with alumni:
Focus on people with jobs that are relevant to what you’re looking for
Find alums who are 3-5 years out, as they have experience, but aren’t too senior yet
Don’t directly ask for a job
Ask for an informational interview, to learn about what they do and what they like/don’t like about it
Ask each person you meet with to introduce you to one more persons. That way your networking process never ends
#10 Offer to do a research project or unpaid internship
If all of the above preceding options still leave you wondering about what your best career move is, you may want to try offering to do a research project or free internship at a company that you really want to work for.