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Top 9 Reasons To Do MBA after B.Com | Scope of MBA After B.Com

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25th Aug, 2022
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Top 9 Reasons To Do MBA after B.Com | Scope of MBA After B.Com

Studying commerce has always provided me with a solid foundation in essential business operations. The skills and financial literacy I gained as a commerce graduate have been instrumental in making informed decisions and handling data effectively. One of the main reasons to do an MBA after BCom is the significant enhancement in career prospects it offers. Pursuing an MBA has opened up better job opportunities for me, not to mention the potential for higher salaries and a standout skill set. 

Furthermore, after completing B.Com., you can choose from a wide range of professions. However, an MBA stood out as an advanced study option that could further help in understanding business and position favorably for leadership roles. This choice has been pivotal in my career, offering me a deeper insight into the business world and equipping me with the tools needed to excel in competitive environments. 

Is Doing an MBA After BCom a Good Choice for Career Growth? 

Pursuing an MBA after completing your BCom can significantly elevate your career prospects. An MBA equips you with advanced skills that give you a competitive edge in the job market. Employers often value the advanced skills and knowledge that MBA graduates bring to the table. It deepens your knowledge of finance, accounting, and business, providing a comprehensive understanding of how businesses operate. Additionally, the two-year program hones essential skills like leadership, communication, problem-solving, and critical thinking, making you well-prepared for managerial and executive roles. Overall, an MBA after BCom opens doors to new opportunities and empowers you to achieve greater success in your career.  

Top Reasons To Do MBA after BCom

1. Learning galore

A B.Com degree provides you with the basic knowledge of business planning, economics, finance, marketing, and 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.

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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. 

There is an overlap between the commerce and MBA curriculum. Commerce teaches subjects like finance, accountancy, etc. The MBA graduates also focus on imparting knowledge of finance, marketing, accountancy, business decision-making, etc. Students coming from the commerce background grasp the concepts quicker because their foundation is laid in the undergraduate degree.

This adds to the advantage for commerce students because they perceive the concepts in a broader manner due to the advanced learning. This allows them to become financial literate and inculcate more skills such as problem-solving, decision-making, etc. So the apprehension of “Can we do MBA after BCom?” gets answered.

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.

Earn an MBA from one of the Top 5 Institutes in India, without leaving your Job.

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. 

The MBA students are required to study specialisations MBA. This allows them another opportunity to build their skillsets. Specialisations are done to build a niche for themselves. Students can do specialisations to build a niche for themselves. This brings better opportunities to grow at work and get expertise in one field.

The students coming from the commerce background find it b etter to choose their specialisations because they have learned most of the subjects during their undergraduate degree. This gives them a better perspective while choosing a specialisation.  So the question “Can I do MBA after BCom?” gets answered.

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. 

The MBA graduates get opportunities to grow at an exponential rate because of the skillset they acquire during their learning phase. And these skills are a big reason for them to get leadership opportunities.  The professionals get a promotion, more responsibilities, and better chances to grow to leadership positions. 

The professionals get to manage their teams, and it is a responsibility given to them to align the team to the vision of the business. The setting of culture also comes from the leaders. The leaders are expected to drive productivity high and utlise the resources well. 

The professionals are required to devise strategies that are conforming to the business needs and also are innovative and competitive. The leaders understand what the broader vision is and delegate the tasks by optimising the skillsets of the resources that they have. So the question of “ after BCom can I do MBA?” is answered with a yes, definitely they should do an MBA.

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.

The MBA graduates get to build an acumen the managers. They hire their team and understand the vision of the business. Accordingly they align the team with the vision and devise a strategy to achieve the goals.

In order to strategise for the tasks, the managers set an objective, timeline, deadline, cost, required resources, etc. After doing all the tasks, they delegate the work to their team members and supervise throughout. During the process, if any issue arises they critically analsye the situation and solve the problem by keeping the analytical approach. Lastly, the managers believe in their team and set a culture where micromanaging is not required. During MBA the students get to learn the skillsets required to be a good manager.

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. 

The market for MBA graduates is growing higher. The MBA graduates get a better salary from the start of their careers and with the right amount of skillset they get good growth opportunities in leadership positions.

There are a good amount of recruiters in the market that pay high salaries to MBA graduates and they get good consideration from employers.

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. 

The MBA graduates get the opportunity to learn so many practical things during the course of their studies. They get to read many industry case studies, conduct real-life case studies, and network with industry experts and their peers.

Along with this, the internships during the phase allow them to work closely in a practical environment. The seminars and talks give them more opportunities to grow as an individual and develop their personality.

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 you, 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.

MBA allows you to explore the driven side of yours. You want to read about new things, new studies, new subjects. And the subjects that you learn make you develop a new perspective on life in general. If you are working at an NGO, you develop a new perspective on the operations while working there. If you are working at a corporate then also the subjects which you learned help you develop a new perspective.

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. 

An MBA degree is a minimum requirement for good job roles. Good companies require good education for their candidates. The resumes that have MBAs get additional attention from the recruiters.

The reason why the recruiters require MBA graduates to be applying for the roles is because of the sophisticated skillsets that MBA provides.

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. 

The professionals acquire the knowledge and skills of the tools that are required to optimise the business better. The tools increase the efficiency of the business operations that create opportunities for business decision-making.

There is an entrepreneurial spirit that the business students have and the network, they create during the business allows them to create better models for their business and acquire more talent and knowledge from their networks. So there should not be any such apprehension such as “Can you do MBA after BCom?” because there is a very linear understanding of commerce and MBA students. They learn some of the MBA subjects during their undergraduates and build their foundation.

Bonus: Overall personality development

Since MBA programs are carefully designed to suit industry needs, B-schools organize workshops on 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.

Benefits of Pursuing an MBA after BCom Studies 

Pursuing an MBA following the completion of your BCom can be a strategic decision for several compelling reasons. 

  • Accelerated Career Progression: Acquiring an MBA can accelerate your career progression by equipping you with sought-after skills and knowledge that employers highly value, facilitating your advancement up the professional hierarchy. 
  • Enhanced Professional Development: An MBA program acts as a catalyst for your professional growth, exposing you to practical business scenarios and refining your decision-making prowess. 
  • Facilitated Career Transitions: If you’re looking to transition into a different industry or field, pursuing an MBA provides you with a diverse skill set that can be applied across a range of sectors, facilitating a smoother career change. 
  • Preparedness for Management Roles: Having an MBA prepares you for leadership roles by developing crucial management and leadership skills, positioning you well for positions like team leader or department head. 
  • Improved Compensation Packages: Typically, MBA graduates command higher salaries, offering a lucrative return on investment in your education and enhancing your earning potential. 
  • Diverse Career Trajectories: Getting an MBA degree opens up many job options in areas like finance, marketing, starting businesses, and running non-profit organizations, giving you more choices for your career. 
  • Expanded Networking Opportunities: During your MBA program, you can build strong professional networks that could be extremely helpful for finding future jobs or entrepreneurial ventures. 
  • Entrepreneurial Empowerment: For those aspiring to become entrepreneurs, an MBA provides the necessary knowledge and skills vital for leading a successful business, acting as an intensive crash course in entrepreneurship. 

How to prepare for MBA after Bcom 

If you’re considering pursuing an MBA after completing your BCom, here’s a straightforward guide: 

  • Prepare for MBA Entrance Tests: Depending on where you want to pursue your MBA, you’ll need to take specific entrance exams. These include: 
  • GMAT: for MBA programs in India or abroad. 
  • CAT/XAT/CMAT/CET/MAT: for MBA programs in India. 
  • Qualify for Entrance Tests: Achieve a competitive score in one of these entrance tests to meet the admission requirements of your desired university or business school.
  • Cover Exam Subjects: Be well-prepared in the following subjects typically covered in MBA entrance tests: 
  • Logical Reasoning 
  • Quantitative Aptitude 
  • English Language/Verbal 
  • Data Interpretation 
  • General Knowledge 
  • Participate in Group Discussions and Personal Interviews: In addition to entrance tests, many MBA programs require candidates to participate in group discussions and personal interviews as part of the admission process. Prepare accordingly to showcase your communication skills, critical thinking abilities, and suitability for the program. 
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By following these steps and adequately preparing for entrance tests and interviews, you can increase your chances of securing admission to the MBA program of your choice and advancing your career prospects. 

Concluding Thoughts

Pursuing an MBA after Bcom can significantly enhance my understanding of the business landscape and contribute to both personal and professional growth. However, it’s important to consider the various financial and non-financial costs involved. Postgraduate business and management programs demand considerable investment in terms of time, hard work, and money. Equipped with this knowledge, I hope you will understand why pursuing an MBA after BCom is important & could be a worthwhile investment. 

If you are keen on upgrading your career with an Executive MBA course, I strongly recommend you explore upGrad’s MBA from Liverpool Business 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.

Profile

Kamal Jacob

Blog Author
Kamal is an experienced Online marketing consultant with a high degree of expertise in SEO, Web Analytics, Content/Technical planning and marketing.

Frequently Asked Questions (FAQs)

1Is 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 that are more into analytics or digital product management, then a B.Tech degree would be a better choice along with an MBA.

2What 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 that 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.

3What 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 from college, and the type of MBA program you choose, and more.

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