Bachelor of Commerce (B.Com.) is one of the oldest degrees offered by colleges in India. And it is one of the most sought-after undergraduate courses in the field of commerce. After completing B.Com., you can choose from a wide range of professions and graduate programs. In this article, we will focus on why MBA after B.Com. It can be a great decision for you!
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Top Reasons To Do MBA after B.Com
1. Learning galore
A B.Com degree provides you with the basic knowledge of business planning, economics, finance, marketing, accountancy, among many other related subjects. An understanding of these topics prepares you for jobs in different fields such as advertising, law, banking and insurance, accounting, etc. Now, if you have studied commerce at the undergraduate level, it becomes easy for you to grasp the MBA curriculum.
An MBA is meant to teach you how you can apply business and management principles in your chosen career. The pedagogy is thoughtfully balanced to equip students with analytical and decision-making skills. And innovative methods of teaching are adopted to strengthen their business acumen. If you are unsure about entering the workforce directly after your graduation, pursuing an MBA can give you some time to explore your options and gain more self-confidence.
2. Attaining specializations
Some B.Com programs may have the option of specializing in taxation, marketing, computers, etc. But most of the time, it is a generalist degree in commerce and business. If you are interested in a specific profession or industry and your B.Com. education did not have a specialist track; an MBA can provide you with a more targeted experience.
Some of the standard specializations include Finance, Marketing, Human Resource Management, and International Business. Some other MBA programs may allow you to focus on upcoming industries and domains like IT/Systems, hotel management, luxury brand management, corporate social responsibility, operations management, supply chain, etc.
3. Taking a leadership role
An MBA is a highly credible and recognized qualification with industry-wide acceptability. Many employers exclusively hire MBA grads for leadership and managerial roles. Recruiters consider the completion of an advanced business administration degree from a leading institution as proof of the candidate’s knowledge and competencies.
It forms one of the top reasons why MBA after B.Com. is preferred by many. According to the Graduate Management Admission Council (GMAC), corporate recruiters across the world continue to signal high demand for recent B-school graduates.
4. Building your managerial acumen
An MBA helps you refine your technical, conceptual, interpersonal, and decision-making skills, which have applicability in almost every career field. Whether you want to work as a manager in a corporate organization, earn a promotion in your current job, or venture out to start your own business, you will have to make use of your problem-solving and strategic planning prowess. And B-school syllabi aim to provide the right mix of these capabilities.
5. Earning a higher salary
An MBA degree increases your expected earnings to a great extent. If you enter the job market with just a B.Com. qualification, you may not receive very attractive starting salaries. But you can boost your expected compensation with a master’s level education, and also negotiate for a much higher pay grade. In recent years, the average base income of B-school graduates has seen a rising trend globally as more and more companies plan to hire MBA talent.
Read more: MBA Salary in India in 2020
6. Experiential learning opportunities
While your undergraduate commerce degree familiarizes you with the foundational concepts, an MBA intends to augment its application. As a management student, you have to undertake several projects that require you to research and analyze industry developments.
Such exercises increase the relevance of the theoretical ideas that improve their retention. Additionally, internships allow you to gain practical exposure to how things work in the business and corporate ecosystem.
Read more: Career Options after MBA
7. Focusing on a career path
A Bachelor of Commerce gives you the fundamental business perspective to enhance your chances of getting a job in the public, private, or non-profit sectors. Moreover, multiple areas and job positions are open to a commerce graduate upon earning the degree. You can go on to work in banking and insurance, media, retail, technology, or the consumer durable industry.
You may choose to work as an accountant or support the day-to-day administration of an NGO. Having so many alternatives can overwhelm, especially when you are unclear about what you want to do next. In such cases, enrolling in an MBA program can allow you space and time to refocus your career strategy and proceed on your chosen path.
8. Differentiating yourself from the crowd
In today’s highly competitive job market, it is easy for prospective employers to overlook your job application. The right academic qualifications and credentials help you grab the recruiters’ attention. Various job positions list MBA as a minimum educational requirement. Many others prefer MBA talent for leading cross-functional teams and for consulting assignments. Therefore, your effort should be to create an impressive profile that conveys your suitability for the job at hand.
9. Acquiring tools to start a business
If you want to start your own business, beginning right after B.Com. can feel intimidating. You may wish to gain more learning and experience before you set out on your entrepreneurial journey. And an MBA program can offer a suitable environment to explore while acquiring and developing new proficiencies. In this manner, it can boost your confidence, and also build your professional network – something that goes a long way in the business world.
Bonus: Overall personality development
Since MBA programs are carefully designed to suit industry needs, B-schools organize workshops on the in-demand job skills. Some popular classes include project management, portfolio management, business analytics, financial modeling, effective communication, Microsoft Excel, etc. Besides improving your technical know-how, you also get various opportunities to interact with people from diverse backgrounds, and hence, learn how to work well in teams and collaborate with others.
From equipping you with a better understanding of the business landscape to aiding your personal and professional growth, an MBA has many advantages. But it also has various financial and non-financial costs associated with it that you should not neglect. Postgraduate business and management programs require considerable investment in terms of time, hard work, and money. We hope that you can make a prudent choice, now that we have explained why MBA after B.Com. would be a worthwhile investment.
If you are keen on upgrading your career with an Executive MBA course, upGrad is offering the MBA (Executive) program in collaboration with the NMIMS Global Access School. The program has been designed to stand at par with the best on-campus Executive MBA programs across the globe.
And the cherry on top – upGrad’s excellent flexible and interactive learning and evaluation systems allows you to balance your personal and professional life in a hassle-free manner. Check out for more information & let our student counsellor help you with your questions.
Is a B.Com better than a B.Tech for MBA?
There is no such rule. During the first few years after an MBA, engineers are usually paid higher salaries when compared to their peers with commerce degrees. However, in the long run, it evens out. Thus, if you love the world of finance and numbers, and wish to develop a career in roles involving financial management or in the BFSI industry, then a B.Com degree would certainly make more sense than a B.Tech before you do your MBA. On the other hand, if you wish for roles which are more into analytics or digital product management, then a B.Tech degree would be a better choice along with an MBA.
What is the best MBA specialization after B.Com?
It depends on your interest and choice of career path. If you wish to start or manage your own business someday, it would make more sense to choose an MBA specialization which would help you acquire skills that you may not have after a B.Com degree – such as marketing or business analytics. On the other hand, if you wish to have a career in financial planning, risk management, investment banking or trading, then an MBA in finance would be the best choice. You can also choose specializations like digital finance and analytics if you are interested in pursuing roles involving digital banking or business analytics.
What kinds of jobs can I get with a B.Com and an MBA?
It depends on your MBA specialisation. If you have a bachelors in commerce and an MBA in Finance, you could pursue roles in financial management such as financial analyst, investment modelling, risk management, and so on. You could also pursue roles in the BFSI sector. However, the job you may get directly after completing your MBA will depend on various factors including the number of years of work experience you hold, your academic scores, the quality and brand of your MBA and graduation college, the type of MBA program you choose, and more.