30+ Career Options After MCom: Best Courses and Jobs After MCom
Updated on Dec 07, 2025 | 20 min read | 302.46K+ views
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Updated on Dec 07, 2025 | 20 min read | 302.46K+ views
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MCom is a popular choice for students aiming for careers in banking, finance, accounting, or management. With the growing demand for professionals skilled in financial analysis and business strategy, MCom graduates enjoy strong job prospects. But many wonder what to do after MCom, this guide will help you.
From CA and CFA to banking and auditing roles, the right career after MCom can set you up for long term growth. So, if you want to know after MCom which course is best or what are the top jobs after MCom, you will find clear options in this guide. We will cover 24 career paths, including high paying roles and specialized courses that can help you stand out in today’s competitive market. We will also highlight which courses after MCom fit different career goals in 2026. Keep reading for detailed insights.
Explore advanced leadership roles and grow your expertise in business with our industry-relevant Doctor of Business Administration (DBA) Courses.
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MCom is a postgraduate course pursued by students looking to pursue a career in the commerce stream. This degree opens a world of possibilities. From finance and accounting to banking and taxation, the knowledge you gain can lead to both traditional and emerging career paths.
Knowing what are the top jobs after MCom can make all the difference. Some roles promise high pay, others offer rapid growth, and a few combine both with personal fulfillment.
Below is a list of 24 jobs after MCom with their average annual salaries. Keep reading to discover opportunities you may not have considered and find the direction that fits your skills and ambitions.
| Jobs After MCom | Average Annual Base Salary |
| Chartered Accountant (CA) | INR 8L |
| Financial Analyst | INR 5L |
| Cost Accountant | INR 6L |
| Tax Consultant | INR 6L |
| Auditor | INR 5L |
| Investment Banker | INR 11L |
| Corporate Finance Manager | INR 17L |
| Financial Partner | INR 16.2L |
| Stock Broker | INR 3L |
| Management Consultant | INR 20L |
| Business Analyst | INR 7L |
| Accountant | INR 2.4L |
| Banking Professional | INR 3.12L |
| Lecturer | INR 3L |
| Ph.D. in Commerce | INR 3.72L |
| Preparing for UGC NET | INR 3L |
| Assistant Audit Officer (AAO) | INR 8.16L |
| Income Tax Inspector | INR 8L |
| Assistant Accounts Officer (AAO) in Public Sector Banks | INR 6L |
| Auditor in CAG | INR 3L |
| Accountants in Government Departments | INR 3.6L - INR 6L |
| Assistant Section Officer (ASO) | INR 6.48L |
| Statistician | INR 5L |
| Research Officer | INR 6.73L - INR 6.93L |
Source: Glassdoor
Completed your MCom and looking for ways to advance your career? Stand apart from competition with a doctorate in business administration. Here are some of our top DBA courses you may explore after M.Com:
If you are looking for popular career options after MCom, accounting and finance are very good options as they provide unlimited scope in the accounts section and a good salary.
Here’s a list of specialized careers in this field.
1. Chartered Accountant (CA)
Average Annual Salary: INR 8L
A chartered accountant specializes in fields such as accounting, financial regulations, taxation, and business practices. For this role, you need to have the following skills.
As part of your career progression, you can become a partner in an auditing firm, a Tax Manager, a Financial Analyst, or a CFO of a company, depending on your abilities and experience.
If you're curious about where a commerce background can take you beyond becoming a CA, this guide on career options for commerce students is worth checking out.
2. Financial Analyst
Average Annual Salary: INR 5L
A financial analyst's role is to analyze business data and help both individuals and businesses make informed decisions.
For the role of a financial analyst, you need to have a good knowledge of the financial market. Other critical skills include the following.
As part of career growth, you can become a Senior Analyst, Fund Manager, Data Scientist, or Portfolio Manager in the future.
Want to explore more roles in the finance domain? Take a look at this comprehensive guide on career options in finance to discover where your skills can take you.
3. Cost Accountant
Average Annual Salary: INR 6L
As a cost accountant, your role will be to analyze the data, update records, and control the business costs.
In this role, you need to be proficient in financial management and cost accounting techniques. Other vital skills for this role are listed below.
You can progress to the role of Financial Controller, Financial Analyst, Cost Accounting Manager, or CFO in the future.
4. Tax Consultant
Average Annual Salary: INR 6L
A tax consultant is a specialist in tax laws whose primary role is to advise individuals and businesses on matters related to taxation.
As a tax consultant, you need analytical skills, an in-depth knowledge of tax law, and attention to detail. Other vital skills required for this role are encapsulated below.
If you're exploring more career choices after completing your BBA, you’ll find this list of career options after BBA incredibly useful.
As part of your career progression, you can rise to become a Private Tax Consultant, Tax Technologist or explore specialized roles such as Digital Tax Consultant.
5. Auditor
Average Annual Salary: INR 5L
The role of the auditor is to verify financial records and ensure that companies comply with tax laws and regulations.
You need to develop skills such as accounting expertise, problem-solving abilities, and financial analysis for the role of an auditor.
With experience and knowledge, you can transition to the following elite roles.
6. Investment Banker
Average Annual Salary: INR 11L
An investment banker’s role is to help companies raise capital from the market and provide financial advisory services.
The skills that will help you succeed in the role of investment banker are listed below.
As an experienced investment banker, you can progress to the role of Vice President or Managing Director of the firm, or explore specialized roles such as Mergers & Acquisitions (M&A) specialist.
If you enjoy working with numbers and solving problems, there are many great career paths for maths students. Check out these career options for maths students to find out more.
7. Corporate Finance Manager
Average Annual Salary: INR 17L
A corporate finance manager oversees a company's financial strategy and operations, thereby helping it make critical financial decisions.
The primary skills that will be required for the role of Corporate Finance Manager are listed below.
As part of your career progression, you can rise to become CFO, Financial Controller, Head of Finance, or Finance Director.
Want to improve your leadership skills and make a mark as a corporate financial manager? Check out these 10 best leadership courses that will help you.
8. Financial Partner
Average Annual Salary: INR 16.2L
As a financial partner, you will help individuals and businesses manage their finances and plan for the future.
Here are the essential skills that will help you stand out in this role.
With knowledge and expertise, you can progress to the role of wealth manager, Chief Operating Officer (COO), Chief Financial Officer (CFO), or set up your practice.
9. Stock Broker
Average Annual Salary: INR 3L
➡️ Did you know? As they gain experience, stock brokers can take home a salary of INR 61L+ every year. Moreover, their estimated additional pay (which includes bonus, commission, and tips) is over INR 58L.
The role of a stock broker is to buy and sell stocks or other commodities on behalf of the client.
To succeed in the role of a stock broker, you need to have the below-listed critical skills.
You can progress to the role of senior broker, Relationship Manager, Equity Research Analyst, or investment advisor in the future.
You can also pursue management or business as career options after MCom. Theseoffer great scope for career growth in the corporate sector.
10. Management Consultant
Average Annual Salary: INR 20L
A management consultant's job is to help improve the performance of a business through expert advice and guidance.
Have a look at the top skills you need to excel in the role of a management consultant.
In the future, you can rise to the role of Senior Consultant, Operations Consultant, Human Capital Consultant, or Partner in consulting firms.
Interested in project management? Check out upGrad’s Project Management Courses and take your first step towards a fulfilling career.
11. Business Analyst
Average Annual Salary: INR 7L
A business analyst is a professional whose primary role is to analyze business data and suggest measures to increase efficiency.
If you want to excel as a business analyst, you need to possess specific skills, listed below.
The future career progression for this role includes Business Architect, Business Intelligence Analyst, Cybersecurity Analyst, or Project Manager.
12. Accountant
Average Annual Salary: INR 2.4L
An accountant’s role in an organization is to manage financial records and ensure accuracy for both individuals and businesses.
Explore the skills you require for an accountant’s role in an organization.
In the future, you can progress to the role of an Accounting Manager, Financial Controller, or Senior Accountant.
13. Banking Professional
Average Annual Salary: INR 3.12L
A banker works in a financial institution and performs functions such as loan processing, deposit handling, and marketing banking products.
You need to possess specific skills – mentioned below – for the role of a banker.
With expertise in the field, you can progress to the role of Credit Officer, Investment Banker, Department Head, or Bank Manager in the future.
Check out the best Financial Analysis Courses on upGrad, and give your career a boost in the banking sector.
Wondering, after MCom which course is best besides jobs in the corporate sector? You’d be delighted to know that after an MCom degree, your career path is not restricted to corporate roles. If you have the desired interest, you can pursue academic or research as career options after MCom. Some career options in the academic and research field have been chalked out below. Have a look!
14. Lecturer
Average Annual Salary: INR 3L
An academician (or lecturer) in the commerce field can pursue teaching, research, and scholarly work. Your primary role as an academician is to teach students at the university or colleges.
For choosing academician as a career option after M.Com, you need to possess a few critical skills, listed below.
As part of career progression, you can occupy roles like a Senior lecturer, Dean, or Principal.
15. Ph.D. in Commerce
Average Annual Salary: INR 3.72L
You can pursue a Ph.D. degree in commerce if you have the passion to excel in research and academia.
Here are some skills required for choosing a Ph.D as a career option after an M.Com.
In the future, you can occupy roles in the research field or become an academician.
16. Preparing for UGC NET
Average Annual Salary: INR 3L
Clearing the UGC NET makes you eligible for assistant professor roles in various universities, gain JRF fellowship, and opens the door for research opportunities.
Here’s what you need to achieve to excel in the UGC NET exam.
You can also seek professional guidance from expert counselors at upGrad to increase your chances of clearing the exam.
An MCom degree opens the door to many government-sector jobs, especially in accounting and research.
With proper preparation, you can crack the exams and gain coveted government posts. Some of the career options in the government sector have been chalked out in the upcoming sections. Read on!
17. Assistant Audit Officer (AAO)
Average Annual Salary: INR 8.16L
➡️ Did you know? The estimated total pay of an AAO after gaining experience is INR 3.68L+ per month!
An AAO’s role is to audit government records. To become an AAO, you need to qualify for the Staff Selection Commission (SSC) CGL exam.
Some primary skills you require for the AAO job include the following.
You can progress to the roles of Senior Audit Officer, Deputy Accountant General (DAG), Additional Director General (ADG), or Director in the future.
18. Income Tax Inspector
Average Annual Salary: INR 8L
The role of an Income Tax inspector is to ensure that individuals and businesses follow income tax laws and regulations.
Here are the skills required to excel in this role.
With due experience, you can progress to the position of Income Tax Officer, Joint Commissioner of Income Tax (JCIT), or Additional Commissioner of Income Tax (Addl. CIT).
19. Assistant Accounts Officer (AAO) in Public Sector Banks
Average Annual Salary: INR 6L
An AAO in a public sector bank is responsible for carrying out the bank's financial operations and accounting tasks.
The role of AAO in a public sector bank requires you to possess the below-listed skills.
With experience, you can be promoted to the role of Finance Manager, Chief Manager, or General Manager in the future.
20. Auditor in CAG
Average Annual Salary: INR 3L
An auditor in CAG ensures financial accountability and transparency in government spending. They check for compliance and enforce accountability.
Here are some skills required to excel in this role.
You can progress to the role of Senior Auditor, Audit Officer, Additional Director General (ADG), or Director General (DG) in the future.
21. Accountants in Government Departments
Average Annual Salary: INR 3.6L to INR 6L
An accountant’s role in a government department is to manage the department's financial operations.
To excel as an accountant in government departments, you need to acquire vital skills, as listed below.
You can progress to the role of senior Accountant, Financial Officer, or Deputy Accountant General (DAG) in the future.
22. Assistant Section Officer (ASO)
Average Annual Salary: INR 6.48L
An ASO’s role is to perform administrative duties in various ministries and departments of the Government of India.
If you choose Assistant Section Officer (ASO) as a career option after M.Com, you'll need to develop the skills listed below.
With relevant experience, you can progress to the role of section officer, undersecretary, or director in the future.
23. Statistician
Average Annual Salary: INR 5L
The statistician’s role is to collect, analyze, and interpret data that helps in making policy decisions.
Essential skills that you require to succeed as a statistician are listed below.
You can reach the position of Senior Statistician, Principal Statistician, or Data Analyst with a promotion.
24. Research Officer
Average Annual Salary: INR 6.73L - INR 6.94L
A research officer in a government department conducts economic and financial research that can help in policy decisions.
For the role of a Research Officer in the government, you need to develop critical skills such as:
With dedication and expertise, you can reach the position of Senior Researcher or Policy Advisor in the future.
Also Read: Salary of M.Com Graduates
An MCom degree provides a solid foundation in commerce, finance, and management, but pursuing professional certifications can significantly enhance career prospects. Selecting the right courses after MCom equips you with specialized knowledge, making you more competitive for high-paying roles in banking, finance, accounting, and auditing.
For those asking after MCom which course is best, options like CA, CFA, CPA, and diplomas in investment banking, financial analysis, or taxation are highly valued. These certifications help you gain expertise that sets you apart and aligns with the skills employers are actively seeking.
Below is a list of top professional certifications courses and after MCom, including course durations to guide your next step in 2026.
Course After M.Com |
Course Duration |
| Chartered Financial Analyst (CFA) | 2–3 years |
| Association of Chartered Certified Accountants (ACCA) | 2–3 years |
| Certified Public Accountant (CPA) | 18–24 months |
| Cost and Management Accountant (CMA) | Approximately 3 years |
| Company Secretary (CS) | 3–5 years |
| Master of Business Administration (MBA) | 2 years (full-time program) |
| Financial Risk Manager (FRM) | 1–2 years |
| Digital Marketing Courses | 8–12 months |
| Doctorate of Business Administration (DBA) Courses | 3–5 years |
Also Read: Top 10 Highest Paying IT Certifications in India
Now, let’s further explore this list of courses to pursue after MCom:
CFA is a globally recognized certificate issued by the CFA Institute, and it signifies a high level of competency in investment analysis, portfolio management, and financial ethics.
With a CFA certificate, you can explore the following job opportunities.
| Job Role | Average Annual Salary |
| Equity Analyst | INR 6L |
| Portfolio Manager | INR 9L |
| Derivative Analyst | INR 3L |
| Financial Advisor | INR 4L |
Source: Glassdoor
This certificate is offered by ACCA, an international financial body that offers benchmark standards in accounting and finance.
An ACCA certification will help you gain knowledge of global accounting standards, becoming a vital tool for your career progression.
With this certificate, you can explore the following jobs after MCom:
| Job Role | Average Annual Salary |
| Financial Consultant | INR 5L |
| Auditor | INR 6L |
| Finance Manager | INR 10L |
| Chief Financial Officer (CFO) | INR 36L |
Source: Glassdoor
CPA is a globally recognized certification for accounting and finance professionals. This certificate is beneficial for professionals seeking job opportunities in the USA.
A CPA certification will benefit you in multinational companies, helping you understand global accounting practices.
With this certification, you can explore career options in the following roles.
| Job Role | Average Annual Salary |
| Financial Analyst | INR 6L |
| Senior Accountant | INR 5L |
| Finance Manager | INR 10L |
| Tax Consultant | INR 6L |
| Chief Financial Officer (CFO) | INR 40L |
Source: Glassdoor
The CMA certification is awarded by the Institute of Management Accountants (IMA) and focuses on the field of management accounting.
The CMA certificate will highlight your expertise in cost management and strategic planning. The job roles you can land after CMA certification are tabulated below.
| Job Role | Average Annual Salary |
| Corporate Controller | INR 15.2L |
| Finance Manager | INR 10L |
| Cost Accountant | INR 6L |
| Financial Risk Manager | INR 9L |
Source: Glassdoor
A company secretary provides legal and administrative advice to a company's board of directors. This position requires professional expertise in corporate laws and governance.
As a company secretary, you can contribute to the effective administration of the company. With this certification, you can explore the following career opportunities.
| Job Role | Average Annual Salary |
| Chief Compliance Officer | INR 11l |
| Corporate Secretary | INR 6L |
| Legal Advisor | INR 4.56L |
| General Counsel | INR 69L |
Source: Glassdoor
An MBA degree after MCom will help develop managerial and leadership skills, offering a solid base for success in various business roles.
You can consider different specializations for this degree, including Human Resources, marketing, operations, or finance.
With an MBA degree, you can explore the following career options.
| Job Role | Average Annual Salary |
| Consultant | INR 10L |
| Strategic Planner | INR 8L |
| Project Manager | INR 13.3L |
Source: Glassdoor
The FRM certification is awarded by the Global Association of Risk Professionals (GARP) and is an indication of expertise in financial risk management.
With the rising demand for risk managers, you have opportunities to work in the banking and finance sectors.
Some of the top jobs after MCom with FRM certification are tabulated below.
| Job Role | Average Annual Salary |
| Risk Manager | INR 23L |
| Risk Analyst | INR 5L |
| Chief Risk Officer | INR 36L |
| Hedge Funds Specialist | INR 6L |
Source: Glassdoor
Also Read: Top 8 career Options in Finance: What to do After Finance Degree
Digital marketing courses are in great demand due to the rising importance of digital platforms for business expansion.
Social media marketing, SEO marketing, and email marketing are some of the popular digital marketing skills you require for this job.
After completing the digital marketing course, you can explore the following job roles.
| Job Role | Average Annual Salary |
| SEO Specialist | INR 2.4L |
| Content Strategist | INR 7L |
| Digital Marketer | INR 2.52L |
| Social Media Manager | INR 5L |
| Email Marketing Specialist | INR 5L |
Source: Glassdoor
Also Read: Top 20 Careers in Digital Marketing: Ultimate Guide
DBA is an advanced research-focused terminal degree for experienced professionals seeking to contribute to advanced business studies. It will help you gain advanced leadership and strategic thinking skills.
Completion of this certification can help you get the following job roles.
| Job Role | Average Annual Salary |
| Academic Consultant | INR 4L |
| Chief Information Officer (CIO) | INR 42L |
| Chief Executive Officer (CEO) | INR 20.5L |
| Dean or Department Head in business schools | INR 20L |
Source: Glassdoor
Also Read: Career Opportunities: Corporate and Financial Law
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The Master of Commerce (M.Com) is a postgraduate degree that specializes in accounting, commerce, economics, and business-related fields. It is a preferred choice if you are planning to start a career in banking, accounting, finance, and other commerce sectors.
As part of an M.Com degree, you need to study core subjects, including.
The M.Com degree will help you acquire many key skills – mentioned below – for career success.
Apart from the skills acquired during the study, an M.Com degree will improve your career prospects. Some of the main benefits are listed below.
By now you know that an M.Com degree can lead to a range of jobs after MCom across finance, accounting, banking, consulting, education, and government. Strengthening your profile with courses after MCom such as CFA, CS, or an MBA can improve your skills and make you more competitive in these fields.
Still unsure what to do after MCom? Get expert guidance from upGrad’s career advisors and plan your next step with confidence. Book a free one-on-one consultation today and our career experts will assist you.
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MCom graduates can explore multiple fields based on their interests and skills. Some of the most promising areas include accounting, taxation, finance, banking, and auditing. Choosing the right field can lead to high-paying roles and long-term career growth opportunities.
The best jobs after MCom depend on your specialization, skills, and career goals. Popular options include roles in banking, insurance, financial analysis, business analysis, stockbroking, auditing, and accounting. These positions offer growth potential, stability, and opportunities to enhance professional expertise.
MCom students can choose from several specializations depending on their career interests. Popular ones include MCom in Finance, Marketing, Banking & Insurance, and Human Resource Management. Each specialization provides in-depth knowledge and prepares graduates for specific professional roles in their chosen field.
Yes, MCom continues to hold strong career potential. Graduates can explore different career after MCom opportunities in finance, accounting, banking, taxation, and management sectors. With the growing demand for skilled professionals, MCom remains a valuable degree for both corporate and academic career paths.
Salaries after MCom vary depending on job role, experience, and specialization. High-paying positions include Chartered Accountant (CA), Finance Manager, Investment Banker, and Senior Auditor. Professionals in these roles often enjoy lucrative compensation packages along with opportunities for career advancement.
MCom graduates have several government career options. Popular roles include Income Tax Officer, Assistant Audit Officer (AAO), Accountant, and Research Assistant. These positions offer stability, good pay, and opportunities to work in reputed public sector organizations across India.
MCom and MBA serve different career goals. MCom is ideal for academic, research, finance, and accounting-oriented careers, while an MBA is suited for leadership, management, and corporate roles. Choosing between the two depends on your professional interests and long-term objectives.
MCom graduates looking to work or study abroad often prefer countries with strong finance and business sectors. The UK, US, Germany, France, Australia, Canada, New Zealand, Singapore, and the Netherlands offer excellent opportunities for higher studies, research, and global career growth.
After completing MCom, students can enhance their skills with various courses after MCom, such as Chartered Accountancy (CA), Company Secretary (CS), Investment Banking, MBA, Digital Marketing, Financial Analysis, and CFA. These courses open doors to specialized roles and give an edge in competitive industries.
Yes, a distance MCom is valued by employers as long as it comes from a recognized university. What matters most is the skills and knowledge you acquire. Distance education offers flexibility while still preparing you for professional roles and career advancement.
Yes, online MCom programs are valid in India if they are accredited by UGC-DEB and AIU. These programs provide the same academic credibility as regular courses and equip students with the necessary knowledge and skills to pursue professional careers in commerce and finance.
MCom graduates can explore emerging job opportunities in fintech, data analytics, risk management, corporate finance, and digital accounting. These sectors are growing rapidly and value professionals with both commerce knowledge and analytical skills. Staying updated on industry trends can increase employability.
Yes, MCom graduates can launch their own business, financial consultancy, or accounting services. With a strong understanding of finance, taxation, and management, they can advise clients, manage finances efficiently, and explore entrepreneurial opportunities that provide independence and growth potential.
Improving employability requires a mix of certifications, practical experience, and skill development. Courses in CFA, CPA, or digital finance, internships, and workshops can help MCom graduates stand out in finance, banking, or corporate roles, enhancing both expertise and professional credibility.
High-demand skills include financial analysis, investment management, taxation, business analytics, and digital tools like Excel, ERP, or data visualization software. Developing these skills increases the chances of securing high-paying roles in finance, accounting, banking, and consultancy sectors.
Yes, internships provide hands-on experience, exposure to real-world business scenarios, and networking opportunities. Completing internships after MCom helps graduates apply theoretical knowledge, develop practical skills, and significantly improves employability, especially for competitive roles in finance, accounting, and corporate management.
Absolutely. MCom graduates can pursue roles in fintech companies or startups, such as financial analyst, operations manager, or compliance officer. Knowledge of accounting, finance, and business operations is highly valued in these dynamic environments, offering growth and learning opportunities.
MCom provides a strong foundation for academic and research careers. Graduates can pursue teaching roles in universities or colleges, or take research opportunities in finance, economics, and business management. Advanced degrees like PhD or DBA can further enhance credibility in these fields.
Yes, short-term certifications after MCom, in areas like digital marketing, financial analysis, taxation, or investment banking provide practical knowledge and quick skill enhancement. These courses make graduates more versatile and competitive, especially when aiming for specific roles in finance, corporate management, or consultancy.
M.Com graduates can explore careers in marketing analytics, human resources, operations management, digital marketing, and education. These alternative paths utilize business and analytical skills while offering diverse opportunities beyond traditional finance, accounting, or banking roles.
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35 articles published
Rahul Karthikeyan is the former Head of Digital Marketing and now serves as Chief Marketing Officer at Scaler (InterviewBit), with over 15 years of experience in ed-tech marketing and brand leadership...
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