If you want to become industry-ready for an accounting job and have a well-established career after a B.com, CMA is the answer.
You must complete two levels of examination in addition to having two years of work experience. The final CMA certification can be obtained only if the candidate has a bachelor's degree and working experience in the finance and accounting field. After earning the CMA USA certification, you will be able to find work in businesses of various sizes and industries. US CMA-certified personnel are always in demand, from public and private firms and non-profit organizations to academic institutions, government bodies (USA), and multinational corporations. In India, the average CMA USA pays a salary ranging from Rs. 8.5 LPA, which keeps increasing according to the level of experience you have.
US Certified Public Accounting (CPA)
The American Institute of Certified Public Accountants(or AICPA) offers the Certified Public Accountant (CPA) as an excellent career option for b.com, this professional qualification is another internationally recognized professional credential and one of the greatest after b.com. You need a strong foundation in the field of accounting, a lot of studies (at least 150 hours of CPE), and you have to pass a difficult four-part exam to become a CPA. A CPA's primary responsibility is to provide financial reporting and advising services to facilitate informed decision-making and financial progress. CPAs in India earn an average income of Rs. 7.2 LPA.
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Association of Chartered Certified Accountants (ACCA)
This is a well-known course for the ACCA certification accredited by the global body of the same name - the Association of Chartered Certified Accountants. It is preferred by thousands of students worldwide and is well-known in 173 nations. One of the greatest occupations after pursuing b.com B.Com, multinational firms have a strong demand for graduates of this program and provide salaries ranging from 7 to 16 lakhs. This course has a two-year term and 14 papers you must clear to acquire this certificate.
Master of Commerce (M.Com)
M.Com is a postgraduate program designed specifically for students after getting a B.com, providing them with additional tools and in-depth knowledge. The duration of this course is 2 years, ideal for students who want to develop their abilities & gain insight into how to utilize their academic knowledge appropriately in the professional world. This postgraduate course prepares students for positions such as accountant, accountant executive, finance manager, and so on. The M.Com degree is also the best choice for students who want to work in the taxation & accounting fields or the BFSI (banking, financial services, and insurance) industry. M.Com graduates earn an average income of Rs. 3.9 LPA.
Company Secretary (CS)
One of the many crucial positions on the list of B.Com courses is company secretary (CS), which plays a vital function in a company. The company secretary manages an organization's legal matters and is also in charge of keeping tax records. You must study corporate law if you want to work as a company secretary. This degree takes three years to complete and has three stages: Foundation, Intermediate, and Finals. In India, the salary range for CS is between Rs. 6 and 10 LPA. PayScale reports that the average pay for CS is Rs. 5.8 LPA, making it one of the more popular after b.com, which is the best course and alluring career after graduating from college.
