About to finish your high school and having doubts regarding career options? What course to pursue and whom to go for counseling? Well we’ve all been through this stage and we do understand. In India students generally start pondering over their options before they finish school, but they do not think over them on the right parameters.
Career options are chosen on the basis of the careers they give birth too. Many consider only monetary value in the professional market as their prime source of studying a particular course, but behold that can be deceptive. Nobody can tell how much you would earn in a profession as it all depends on the amount of hard work you are ready to put in.
However your confusion should end right here as through this blog I would be sharing with you the nuances of the two most debated upon career options for commerce students: B.Com and BBA.
What is B.Com?
The Bachelor of Commerce is a three year traditional graduation course which is commonly offered by most reputed universities in India. It includes a variety of subjects such as -Accountancy, Business Administration, Finance, Economics and Industrial Policies. Through the course students are taught about India as an economy, develop business skills and are trained to solve problems effectively and efficiently.
Eligibility - Students from both science and commerce are eligible for the course; however mathematics should have been a core subject during high school.
It would be relatively easy for you to make a career in a finance related field post B.Com. Students interested in taxation or accountancy should also face no hurdles as the course provides a solid theoretical base. For career options in the fields of Chartered Accountancy, Company secretary or Cost accountancy, a B.Com is practically a must.
A two year M.Com.(Master of commerce) after your under graduation can open doors to higher level examinations too. One looking to make a career in business can also go for an MBA post B.Com.
Finding a job after a B.Com should be no problem at all especially if you are planning to do it from a reputed university. Job roles can be ranging from a junior accountant to a tax practitioner. You could choose to work with a consultancy or a bank.
What is BBA?
The Bachelor of Business Administration is a three year degree course which is designed mainly to develop strong business and professional skills among the students. Along with theoretical subjects such as Human resource management, Finance, Marketing and information technology it also includes presentations, case studies and summer internships. It is a holistic course which covers all the aspects of management.
Eligibility : Candidates who have cleared 10+2 in any stream with at least a 50% aggregate are allowed to enroll for the program.
After gaining a BBA degree you will have the option of either starting up your own venture i.e. going the entrepreneurial way or getting into a management job. A bachelor degree in administration will help you to step into the business world as a trainee or an executive manager.
The most commonly taken path after a BBA is MBA as it further increases the value of your bachelor degree. There are a number of entrance exams you could aim for like CAT, CMAT, MAT, SNAP, XAT etc in order to get into a reputed management college. After an MBA you can expect job opportunities in sectors like banking, finance, FMCG, pharmaceuticals, consultancies etc.
Remuneration is usually quite high after an MBA course from a good college.
A B.Com degree will enable you to pursue courses in core financial fields like Chartered accountancy, however a BBA degree is more useful if you foresee yourself in a managerial role or in a business environment later in life. It will ultimately be a choice which you need to make depending on the type of life you imagine for yourself in the future and your aptitude. You could succeed in both the fields provided you are determined and are ready to put in the desired hard work. So start preparing now and choose well.