Do you know that more than 60% of MCom students wish to continue their education? If you are among them, then read this blog to know after MCom which course is best and other necessary details.
After you pursue MCom, there are a lot of courses that will lead you to a successful career. Therefore, the list of courses after MCom for a better future are:
1. Chartered Accountancy
One of the best courses after MComis pursuing a CA.
CA works in various roles, including financial reporting, auditing, taxation, and financial advice.
They work in almost all organizations, including businesses, government agencies, and accountancy practices.
The average annual salary of a CA ranges from $60,000 to $130,000 per year.
The career options available after these courses are:
Indirect Tax Consultant
Internal Auditor
Cost Accountant
Forensic Auditor
2. Chartered Financial Analyst
CFA is one of thebest courses after MCom if you don’t want to change your career line.
CFA is a financial expert who has demonstrated skills in investment analysis, portfolio management, and financial strategy.
The responsibilities of CFA are Researching and analyzing investments, Advising investment companies on navigating financial markets, Developing financial strategies for corporations, Managing investment portfolios, and Making investment decisions.
The average annual salary of a CFA ranges from $60,000 to $200,000 per year.
The career options available after these courses are:
Business Analyst
Credit Analyst
Financial Planner
Financial Advisor
Financial Accountant
Professor
Management Accountant
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3. Master of Business Administration
When someone wonders after MCom which course is best, an MBA is the top choice for the majority of the candidates.
This degree prepares you for business management roles.
Here, you will develop business leadership skills, build a professional network, and increase your job opportunities.
The average annual salary of an MBA degree holder is $130,000 per year.
The career options available after these courses are:
Human Resources
Data Analyst
Financial Analyst
Operations Manager
Statutory Auditor
Tax and Audit Manager
Finance Manager
4. Doctor of Philosophy
Confused about after MCom which course is best? Doing PhD after any course is one of the best options for the students.
The degree of a PhD is considered the highest professional degree that a candidate can get in their particular field of expertise.
Universities and other educational institutions award PhDs in many fields, including science, commerce, and the humanities.
The average salary in this field depends on the job title. However, the minimum salary of an assistant professor is $85,000 and the highest of a professor is $ 142,000.
The career options and job profiles available here are:
Assistant Professor
Associate Professor
Professor
Lecturer
Data Scientist
Research Scientist
5. Certified Public Accountant
CPA is one of the best among the list of courses after MCom that offers several high-paying job profiles.
CPA is a licensed accounting professional who are experts in accounting, tax, and auditing and are highly valued in many industries.
Their responsibilities consist of preparing financial statements, analyzing financial documents providing audit services, and many more.
The average annual salary of a CPA degree holder is $119,000 per year.
The career options available after these courses are:
Risk and Compliance Professional
Corporate Controller
Financial Advisor
Tax Consultant
This is the list of courses after MCom that will lead you to a successful future. You can also use our AI-powered course finder tool, which evaluates your profile and gives the most relevant results. Apart from these courses, choosing the right university is also important. Therefore, read the next section to know more about the same.
Top Universities to Study Abroad After MCom
You are hopefully aware that after MCom which course is best. Now, let's look at some of the universities globally that offer quality education in courses after MCom, that will lead you to a path of success.
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Conclusion
This was all about after MCom which course is best. Therefore, courses such as MBA, CA, and CFA are the best and can be considered for a successful future. Apart from that, several universities on the global level such as Melbourne University and the University of Toronto will provide you the quality education with the best teaching faculty. Thus, do proper research and choose the right course and institute. However, if you face any issues, then reach out to our study abroad consultants for assistance. Whether it is choosing the right destination or reaching there, they will assist you in all these steps.
Yes, you can opt to pursue PhD after MCom or even any other course because PhD is considered the highest level of degree in any field and subject.
Ques.2 Can I Do CA After MCOM?
Yes, pursuing CA after MCom is possible and beneficial for the students. This will help you get a high-paying job and also stay in the field of your education.
Ques.3 How Do I Decide Which Course After M.Com Suits My Career Path?
To decide after MCom which course is best, you must consider several factors such as career goals, desired industry, job market demand, financial availability, and skills.
Ques.4 Is It Possible to Change My Field Into New Sectors Such as Digital Marketing and Fin-Tech After Studying M.Com?
Yes, one can pursue certification courses after Mcom to transition into new sectors like digital marketing or FinTech.
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