5 Reasons to Do MBA After B.Com - Advantages, Career Opportunities
From equipping yourself with a deeper comprehension of the business landscape to enhancing your professional as well as professional growth, an MBA degree has many advantages.
As multinational brands and corporations continue to grow, new challenges arise in the business industry every day. Addressing these business issues requires skilled professionals. Pursuing a degree program in Business Administration, such as an MBA, helps equip individuals with the skills needed to tackle these challenges. However, before embarking on the MBA journey, it is necessary to hold a Bachelor's degree. The question then arises: which bachelor's degree pairs best with an MBA? While the MBA course does not have specific discipline requirements, a B.Com graduate can greatly benefit from pursuing an MBA (Master of Business Administration).
Students who are inclined towards the Commerce domain often choose to pursue a B.Com degree. After graduation, they typically seek jobs in areas such as banking, accounting, taxation, and more. However, a B.Com degree alone may not facilitate significant career growth, so graduates often prepare for professional courses like CA (Chartered Accountancy), CS (Company Secretary), and others. Since B.Com is a theory-based course, students often lack practical experience, leading to employment in positions with lower pay scales or unemployment. At a certain point, students may feel stuck and opt for an MBA to boost their careers.
Bachelor of Commerce (B.Com) is one of the oldest degree programs offered in Indian colleges and is considered highly desirable in the field of commerce. After completing a B.Com degree, graduates have a wide range of postgraduate programs and professions to choose from. So, why pursue an MBA after B.Com when there are numerous options available? This article explores the benefits of pursuing an MBA for B.Com graduates, shedding light on its advantages.
Also Read:B.Com (Bachelor in Commerce) Course
5 Reasons to do MBA after B.Com
The demand for skilled professionals is increasing with the increase in corporate sectors. An MBA professional is needed to find solutions to different problems faced by a business. The MBA course does not ask for a B.Com degree, but it is seen that most B.Com graduates opt for this course as it opens a wide range of opportunities. Let us move on to the 5 reasons why a candidate should do MBA after B.Com.
1. Easy to Grasp Curriculum
A Bachelor in Commerce degree offers basic knowledge of economics, business planning, marketing, finance, accounting and many similar subjects. Being acquainted with these subjects prepares you to pursue different jobs in various fields like banking, law, insurance, accounting, advertising, etc. You can choose a graduate programme from a number of options present for a B.Com graduate but, doing an MBA would be a great option. Why? Because the curriculum of MBA is created in a way that it becomes easy for a B.Com graduate to grasp. An MBA curriculum is prepared in a way to teach students how to apply management and business principles in their field of work. The MBA graduates are given the education to equip with analytical and decision-making skills.
Here we have mentioned the syllabus of B.Com alongside the topics included in different MBA specialisations. You can see how the topics that are included in the B.Com syllabus are elaborated and give an in-depth knowledge of MBA.
Topics Taught in B.Com | Topics Taught in MBA |
Financial Accounting | Financial Planning |
Financial Analysis and Reporting | Financial Management |
Business Mathematics | Calculus for Business |
Principles of Marketing | Advanced Marketing |
Macroeconomics | Macroeconomics |
Business Environment | Business Environment |
Business Management | Marketing Management |
Computer Applications | Computer Applications |
Business Communication | Leverage |
Business Organisation | Time Value of Money |
Personal Selling and Salesmanship | Sales Management |
Consumer Affairs | Consumer Behaviour |
Advertising | Advertising Management |
E-Commerce | E-Commerce |
New Venture Planning | Strategic Management |
Financial Markets and Institutions | Industrial Marketing |
International Business | International Business |
Human Resource Management | HR Management |
Customer Care | Finance Management |
Business Law | Industrial Relations |
2. Wide Variety of Specialisation
You may get options for specialisation during your bachelor’s in Commerce degree. Some of them are Taxation, Marketing, Computers, etc. But, most of the time, there is a general degree i.e., B.Com (General) that provides knowledge in Commerce and Business. So, If you want to pursue education based on a specific industry or profession and you feel that B.Com did not offer you a specialist track, then choosing an MBA would be the best option for you. Students who want to go to a different profession or industry can choose to enhance their career by doing an MBA. The MBA programme offers a wide variety of specializations starting from Finance to Marketing to HR to International Business to Logistics and Supply Chain Management.
There are other MBA programmes that specifically focus on new industries and domains such as IT/Systems, Corporate Social Responsibility, Luxury Brand Management, Hotel Management, Operations Management, Supply Chain, etc. The interesting thing about the MBA programme is that you will never run out of options for specializations. In fact, the chances of you getting confused as to which specialisations you should choose are relatively high.
3. Building Leadership and Managerial Acumen
An MBA is a recognised and highly credible degree that comes with industry-wise acceptability. There are many employers that exclusively hire MBA graduates for managerial and leadership roles. According to the GMAC (Graduate Management Admission Council), corporate recruiters signal high demand for Business School graduates from across the world. Candidates who have completed an advanced business administration degree from leading B-Schools are considered knowledgeable and competent by the recruiters. This is one of the many reasons why an MBA is good to pursue after a B.Com.
The MBA degree helps to improve the conceptual, technical, decision-making and interpersonal skills of an individual that are essential in almost every field of work. The problem-solving and strategic planning skills will be required when a person wants to get a promotion, work as a corporate manager or start their own business enterprise. All of these are taught in a B-school’s syllabus that aims at providing candidates with the right mix of different potential that help to run a business.
4. Career Scope of MBA after B.Com
A B.Com degree provides you with a fundamental business perspective which is enhanced after you pursue an MBA. These skills are used to get jobs not only in the private sector but in the public sector or non-profit sectors as well. There are multiple employment areas and job opportunities open for a commerce graduate. Some of your vast options can be banks, retail, media, consumer durable industry and whatnot. After getting the MBA degree, graduates can work as a Marketing Manager, Entrepreneur, Human Resource Manager, Management Consultant, Recruitment Consultant, Equity Research Analyst, Account Manager and so many other job profiles.
You would be surprised to know the job opportunities you will have with your MBA degree with a commerce/ finance background. The powerful combination of these two degrees will make you differentiated from the crowd. The job market in today’s world is highly competitive. It is very easy for employers to overlook your applications for jobs. In such cases, your right academic qualification and credentials will help you grab the best offer. This will convey your suitability for the job that’s being offered.
5. High Salary
There is no doubt that one can earn a handsome salary after completing a degree in management. An MBA can increase your expected earnings to a great extent. Bagging a high package becomes easier when you have completed your PG from top B-Schools that offer great placements. Depending upon your experience, skills and the organisation you are working for, your package can go as high as 1,47,68,520 per annum. And not only this, if you have good experience and knowledge of the business world, you can start your own company. If you are someone who likes to be their own boss, then this would be the best option for you. New jobs are emerging due to industry requirements and technological advancements, as a result, MBA graduates need to live up to the fast-paced career trajectory if they want to earn a handsome salary.
Also Read: Best Career Options After B.Com: Eligibility, Salary, Top Colleges
Top MBA Colleges in India
Here's a list of top MBA colleges in India that you can explore. If you wish to apply to any of the colleges below, fill out our Common Application Form and our top counsellor will assist you in the admission process ensuring success.
| MBA Colleges | Fees |
| The ICFAI University, Jharkhand - ICFAI Ranchi | INR 90,000 - 1,32,000 |
| Sanskriti University, Mathura | INR 1,15,000 |
| Dr. N.G.P Institute of Technology (NGPIT), Coimbatore | INR 1,00,000 |
| Gulzar Group of Institutes (GGI), Ludhiana | INR 89,600 |
| ASM Group of Institutes, Pune | INR 88,000- 6,00,000 |
| Sri Mittapalli College of Engineering (SMCE), Guntur | INR 30,000-35,000 |
| Jagannath University (JU ), Jaipur | INR 2,50,000 |
| BM Group of Institutions (BMGI), Gurgaon | INR 85,000 |
| The ICFAI University, Baddi | INR 80,000 |
From equipping yourself with a deeper comprehension of the business landscape to enhancing your professional as well as personal growth, an MBA degree has many advantages. So, if you are keen to embark upon this career path in business and management, an MBA is the right choice for you.
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FAQs
Is it possible to do a part-time MBA in India?
Yes, the MBA part-time programme is available in India for working professionals. Anyone who wishes to improve their managerial skills and enhance their career can opt for this MBA programme. Many private and government MBA colleges offer MBA as a part-time course. The annual MBA course fee in part-time mode may range from INR 1 lakh to 10 lakh approximately. Though the MBA syllabus is slightly different from that of the regular MBA course.
What is the scope of an MBA graduate in India?
An MBA graduate in India has great scope. Immediately after your graduation, there are high chances to bag the best jobs. With 5-6 years of experience, a candidate can easily get a salary of INR 14,00,000 LPA undoubtedly if they have the right skill set. With 20 or more years of experience, an MBA in India is likely to get senior-level jobs. A senior-level job in the Management area offers posts such as Director, Vice president, and Senior Director. The MBA salaries offered in these posts can go up to 30 Lakhs Per Annum or more without any upper limit. An MBA can find jobs in the private, government, and public sectors. There is no shortage of jobs for an MBA graduate.
In India what are the top MBA colleges to choose from?
India has quite a lot of top MBA colleges and the percentile to get into those top B-schools is also very high. Some of the best colleges for MBA are all the IIMs, Department of Management Studies (DMS) IIT Delhi, Delhi, XLRI, Jamshedpur, IIT Kharagpur, SJMSOM, IIT Bombay, Management Development Institute, Gurugram, NITIE, Mumbai, S.P. Jain Institute of Management & Research, SVKM’s Narsee Monjee Institute of Management Studies, Symbiosis Institute of Business Management, Pune, Great Lakes Institute of Management, Chennai, International Management Institute, Delhi, ISB Hyderabad, and many more.
What are the specialisations available for the B.Com graduates in their MBA programme?
A B.Com student might get specialisation in their Bachelor’s degree like Taxation, Marketing, Computers, etc. But, once they step into the MBA school, the specialisations offered to them are huge. They can get confused as to, particularly which specialisation to choose based on their interest. The MBA programme offers a wide variety of specialisations such as Finance, Marketing, HR, International Business, Logistics and Supply Chain Management.
What skills will be required by a B.Com graduate to study MBA?
A B.Com graduate must have the critical thinking ability to solve business problems. The required skills to study MBA are Communication, Leadership, Creativity, Team Work, Flexibility, Resilience, Self Awareness, Integrity, etc. The MBA course requires the utmost dedication from the students. As they will have a high skillset, they must be ready to face the challenges and hardships that come their way.
Can a 30-year-old individual study MBA?
There is particularly no age restriction in applying for the MBA degree. Individuals after completing their B.Com degree can do jobs according to their choice. Then, after having work experience of 2-3 years they can apply for the MBA course. With the work experience, individuals will be in an advantageous position when placements will take place. An MBA degree from a regular college will cost some lakhs, so interested candidates can work and save some money before applying for the MBA degree.
Is it possible to get a higher salary after getting an MBA degree?
Yes, an MBA professional will definitely get a salary much higher than a B.Com graduate. With skills and experience, your salary with also increase. MBA graduates from top colleges have a higher chance of getting placed in reputed companies with high salaries. If you have appropriate knowledge and business skills you can even start your own business/company.
What are the topics taught in the MBA degree?
The B.Com and MBA syllabuses are quite similar but some extra topics are included in the MBA degree. The topics taught are Financial Planning, Financial Management, Calculus for Business, Macroeconomics, Business Environment, Marketing Management, Computer Applications, Sales Management, Time Value of Money, E-Commerce, International Business, Finance Management, HR Management, Leverage, Industrial Relations, etc.
What are the career prospects after completing MBA?
After completion of the MBA course, candidates usually get direct placement opportunities from their MBA colleges. Candidates can get placed in Banks, Business Consultancies, Brands and Marketing, Educational Institutions, Industrial Houses, MNCs, Financial Organizations, Public Works, Tourism Industry, etc. An MBA graduate can work as an Account Manager, Administrative Officer, Brand Manager, Marketing Manager, Entrepreneur, Human Resource Manager, Management Consultant, Recruitment Consultant, Equity Research Analyst, Research and Development Manager and many more.
As a B.Com graduate, why shall I choose MBA?
MBA (Master of Business Administration) is a very popular educational choice in India among B.Com graduates. Students get to choose their specialization in MBA just like B.Com. In the MBA domain, the employability rate is as high as 55.09% as of 2022. Choosing the MBA degree will automatically boost your career prospects.