MBA After B.Com: Benefits, Career Scope, Jobs & Salary Guide

As a student, clearing the HSC examination opens multiple avenues to progress one's education. You can opt for diverse streams like Science, Engineering, Arts, Business Administration, Pharmacy, and many more. But, in the past couple of years, the focus on streams like Commerce and Economics to gain entry into the corporate world has intensified. Through the years, it has been seen that a student's focus shifts between Science and Commerce. The probable explanation is that the Indian economy has been primarily influenced by the rise and fall of commerce and trade.

Furthermore, a PGDM or an MBA in Finance is considered to be one of the most sought-after postgraduate degree programs to opt for in the country after completing a B.Com as a graduation course. A Post Graduate Diploma in Management (PGDM) or a Master of Business Administration (MBA) degree is a two-year postgraduate program. It is a degree course where students comprehend how to effectively build and manage organizations through analytical thinking, problem-solving, decision-making, and sharp thinking.

If you are a commerce graduate and want to pursue a PGDM or an MBA in Finance, we are listing the important reasons that will help you in building a successful career after completing your B.Com.

Introduction

The Similarity in the Curriculum

One of the prime reasons why a B.Com graduate must pursue an MBA in Finance is because of an identical curriculum. In the B.Com curriculum, you will learn concepts such as Accountancy, Taxation, Financial Ratios, Micro & Macroeconomics, Business Planning, Marketing, and much more. Such distinct knowledge, along with a PGDM or an MBA in Finance, will enable you to get attractive MBA Finance jobs in Financial Services, Global Taxation, Investment Banking, Corporate Finance, Equity Research & Advisory, Commercial & Retail Banking, Accounting, and many other domains. Once you have acquired all the basic financial knowledge under your B.Com program, it will be easier for you to move ahead with the PGDM or MBA in Finance curriculum.

Leadership and Managerial Qualities

A talented individual who is capable of leading teams for optimum results is all an organization needs in today’s competitive world. A PGDM or an MBA in Finance graduate is preferred by every organization, and this is precisely what boosts the demand for a PG in management after a Bachelor’s in the Commerce domain. This demand has been significantly increasing with each passing year. Another crucial factor for employing PGDM and MBA graduates in Finance is their administrative and managerial acumen. A B.Com along with an MBA or PGDM in Finance will give you the double edge of leadership along with managerial and administrative knowledge, which will open a plethora of MBA in Finance jobs for freshers.

Attractive Salary Packages

One of the major motives for pursuing a PGDM or an MBA in Finance after completing B.Com is to earn a high starting salary or a hike in salary, with an array of MBA in Finance jobs for freshers available in the market. Several research facts reveal that a PGDM or an MBA in Finance after B.Com will enable you to reap a minimum of a 30 to 50 percent hike in your current pay package. Even if someone is starting his or her career in the Finance or Commerce domain with a combination of MBA/PGDM with B.Com, the starting MBA in Finance salary can be as high as 5-6 LPA. Thus, getting a PGDM or an MBA in Accounting and Finance from the top MBA colleges in India with the highest placements is advised.

Experiential & Hands-on Learning

The three-year bachelor’s degree in commerce, i.e., B.Com, helps you get an effective head start in the choice of a career that is related to an MBA in Finance and Accounting. It enables you to grasp the fundamentals of Finance, Commerce, Accounting, Taxation, and much more. Later, when you decide to opt for an MBA in Finance after B.Com, your already acquired skills will be polished enough within two years of your MBA degree to enter the corporate world. Top MBA colleges in India like PIBM provide advanced training on Finance & Accounting principles like Financial Modeling, Financial Statement Analysis, use of research tools like Bloomberg, and much more.

A management program is always more about experiential learning than theory-based training. The student is exposed to the ins and outs of real business management through projects, internships, case studies, and much more during their MBA or PGDM degrees.

The Career Scope of an MBA in Finance after B.Com

An MBA in Finance proves to be a gateway to an abundance of MBA in Finance jobs to choose from. MBA or PGDM after B.Com will open up alternatives in sectors such as Banking, Financial Services, Fintech, Insurance, etc.

What Are the MBA in Finance Job Profiles after Completing a B.Com?

If you have a Bachelor's in Commerce and a postgraduate MBA or PGDM in Finance, you could get MBA Finance jobs for freshers in profiles like:

• Global Taxation
• Equity Research and Advisory
• Credit Risk Management
• Corporate Finance
• Finance Analytics
• Investment Banking
• Wealth Management
• Insurance Advisory
• Finance Quality Management

Apart from the key job profiles, you can also get attractive job opportunities in diverse industries such as Financial Services, Banking, Insurance, FinTech, Retail, FMCG, Consumer Durables, Manufacturing, Telecom, and many more.

Key Takeaways

From preparing you with a decent awareness of the business landscape to supporting your professional and personal growth, a PGDM or an MBA in Finance has it all covered for you, along with many advantages. But it also comes with numerous financial costs that you should not exclude or neglect.

Pursuing an MBA in Accounting and Finance from the best B-schools in India is a once-in-a-lifetime opportunity. Thus, gaining an MBA or a PGDM degree after a B.Com is a win-win for any student. The ambitious aspirant can build a brilliant career out of the two degrees that complement the best in India - B.Com and PGDM or MBA in Finance.

Why Choose PIBM for an MBA in Finance?

PIBM, one of the best MBA colleges in Pune, encompasses the latest industry-co-designed curriculum and advanced industry-aligned training methods to ensure a strong management MBA in Finance career for students. It includes:

• Training on financial management concepts with a special focus on diverse industries, companies, and products/services
• Experiential & Hands-on Learning with case studies, live business projects, and dual internships
• Profile-oriented and JD-based training on the most in-demand job profiles in Finance
• Robust Industry interface - tie-up with 650+ companies and 600+ corporate heads
• Industry certification training in SAP FICO & FSCM, CFA, CPA, CISI, SPSS, NISM, and Advanced Excel
• Training on Bloomberg Terminal and ACE Analyzer

Accredited by NAAC, PIBM is ranked amongst the Top 100 B-schools in India by NIRF in 2022. Also, PIBM is the only PGDM college in Pune to be ranked among the Top 100 colleges in India. If you are planning to pursue a PGDM or an MBA in Finance after B.Com and don’t know where to start, connecting with us might be of assistance.

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