Pritpalk39

I am b.com graduate from manipal uni. , now I currently job as a accountant I want to know the career best in this field and best scope role in commerce stream and now I what to do after b.com to esta

i am b.com graduate from manipal uni. , now i currently job as a accountant i want to know the career best in this field and best scope role in commerce stream and now i what to do after b.com to establish my career more strong in this field


by Pritpalk39
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RE: I am b.com graduate from manipal uni. , now I currently job as a accountant I want to know the career best in this field and best scope role in commerce stream and now I what to do after b.com to esta

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD

Hello there. Glad that you approached CareerGuide.com for counselling and seeking advice on this wonderful but common question. I would like to tell you that you are one of them who get confused at this point of time and need counselling in real sense to shape wonderful careers. Since you are a commerce graduate, you always have the option of doing some masters course which will give you the advanced knowledge about the subject that interests you. There are many ways through which you can complete your dream and get successful. Here firstly I would like to suggest that if you are working for less than a year as an accountant, you should think if you can leave the job and do a full time MBA programme from a reputed business school in your city? If you have been working for more than two years and would like to continue your job as an accountant, you can think of joining Masters in Financial Management or a part time MBA again from a reputed business school. Also though have been working for more than two years, please think whether you can leave the job and do a full time MBA. You need to also take into account your family status and scenario

. However I think you should go for part time MBA which will open up many career options and also give you promotion or may be also you can change jobs for higher position and higher salary package. Also please decide whether you want to remain in the accounting field or would like to diversify into finance management which is a broad thing. IF you are not able to MBA or a masters courses, I would suggest you to join some certification courses related to accounting, like IFRS, SAP FICO module, Oracle ERP Finance, etc. Also if possible you may think of doing Chartered Accountancy courses which can be done while working, however you will have to be really disciplined in terms of managing studies and work and personal life since the studies are very hectic and require lot of practice. I am sure with the option listed above you will be able to decide. Best Luck.

RE: I am b.com graduate from manipal uni. , now I currently job as a accountant I want to know the career best in this field and best scope role in commerce stream and now I what to do after b.com to esta

Dr Aparna
Dr Aparna
Verified Career Expert
PhD Organizational Psychology
  • Hosur

Hello



Good to see that you are a graduate of Manipal University and are also en-route on a career in accountancy. Manipal University is extremely prestigious in Karnataka and being a graduate from this school will be certainly rewarding for your career. I see from your query that you have completed a Bcom already. To make your career progress further there is only one way that could actually help you and that is studying further related to accounts and your career.

Studying further means you have three routes to pursue.
  1. Master of commerce with accounts: As you have already completed a Bcom as your first bachelors degree, you are highly eligible to study a Master of commerce with accounts degree as your preferred post graduate degree. This will keep you eligible to seek better job options as well as better pay scale. For example, as you are working as an accountant now, completing this degree you can work as a Senior accountant and can also obtain a minimum 30% hike in annual salary. You can choose to study either part time or full time as per your convenience. This is the most preferred route for students with a Bcom degree and studying a MCom is also relatively cheaper compared to most of the other degrees.
  2. MBA with accounts: This is a professional degree and as you have studied a basic bachelors degree and as well have a few years of work experience in hand already, you should be ideally a suitable candidate for studying an MBA. As part of this degree you can specialise in accounts, that is you will get your degree title as MBA with accounts. This is a professional degree and therefore you can expect for a minimum annual pay of more than 5.5 lakh plus also expect to work at either Assistant manager or Manager for accounts level.
  3. Chartered accountancy CA: This is a prestigious role in profession. Students completing a Chartered position will often get roles as Senior auditor, chief auditor and other Senior manager or Director positions in accountancy firms. BIG 4 companies like the Deloitte, PWC, KPMG, E&Y are often in demand for CA professionals. Completing this you can also choose to work in universities as a Professor if you would like.
  4. Accountancy certification popularly known as ACCA certification: Accountancy certification is also equally prestigious to a Chartered position. This is predominant abroad but there are classes for students who prefer to choose to study in India with the abroad tie-up institutions. Therefore you can choose to study ACCA at Institute of cost accountants in India and you can visit their website www.icmai.in They have many certification courses for accounts and are highly recognisable. Completing such degrees you can get at jet rise in your career.

Hope this helps. Good luck.
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RE: I am b.com graduate from manipal uni. , now I currently job as a accountant I want to know the career best in this field and best scope role in commerce stream and now I what to do after b.com to esta

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