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B.com is a popular course in India and offers students a variety of career opportunities. When you choose to study abroad after BCom, you immediately expand the number of study options. Students can choose from Accounting, Finance, Economics, Business, Management, Marketing, International Relations, etc. And the scope of each of these subjects is much more comprehensive if you plan to study abroad.
Are you a B.Com graduate who wants to pursue higher education abroad? If Yes! Then this article is for you. This article will guide you about popular study abroad courses after B.com.
Popular Study Abroad Courses After B.Com:
Master of Business Administration:
After completing BCom, many Indian students want to study MBA abroad. MBA degrees from prestigious abroad universities offer the best job opportunities.
In order to apply after BCom in other countries, Indian students must pass several selection tests, including GMAT, GRE, IELTS, and TOEFL.
MBA Finance is the most desired major for students who prefer to study MBA abroad. MBA abroad can be expensive, and the cost can go up to INR 80 Lakh even a few crores. However, applicants can get financial benefits available through the various MBA Scholarships.
Master of Commerce:
Master of Commerce is a two-year program offered at abroad universities upon completion of a three-year full-time BCom degree.
The course includes modules in accounting, economics, statistics, and finance. The career opportunities after completing MCom are immense.
Students can get job opportunities in finance, accounting, research, banking, and insurance.
The Master of Commerce in Canada is a 1-2 year program offered at top universities in Canada. The cost of a Master of Commerce in Canada is around 30,000 to 45,000 CAD (18-25 lakh INR)
Master in Business Analytics:
A master's in business analytics is a popular course to study abroad after Bcom and has ample job opportunities for BCom students.
With increasing digitalization, there is a high demand for qualified people in the field of business analysis abroad.
Job opportunities one can get after completing a Master’s in Business Analytics are immense that include Data Analyst, Business Analyst, Quantitative Analyst, and Risk Analyst.
Studying abroad is always expensive. The average fee for MS in Business Analytics in the USA ranges from 22 lakh to 51 lakh.
Public universities offer full funding while private universities are very expensive.
Master in Economics:
After completing the BCom program, Indian students have several career alternatives, including a master's degree in economics
Abroad universities offer specialist programs in economics. Indian students can find jobs as budget analysts, finance and operations analysts, and listing and market analysts.
Masters in Economics in the USA is basically a 1-2 year program that costs between 40,000 - 120,000 USD (32.53 lakh - 97.57 lakh INR). MS in Economics in the USA is offered by some of the top-ranked institutions globally like MIT, UCLA, UC Berkeley, etc.
Master in Finance:
A Master's in Finance is another popular option for Bcom graduates. A three-year, full-time Bachelor of Commerce degree is required to earn a Master's in Finance from an abroad university.
Job opportunities after completing a master's degree in finance are investment banking, financial analysis, financial consulting, financial adviser, stockbroker, and corporate banking.
Master of Finance in most universities and colleges costs around (USD 43,779.83- 75,051.13- INR 35,00,000- 60,000,000) per annum.
Universities in the UK, Italy, or, Germany charged very less for the respective course. But in countries like the United States and the United Kingdom, the Master's in Finance is quite expensive.
Perks of studying abroad after B.Com
Prestigious universities from abroad offer master's degrees to graduates who have completed their BCom. Additionally, abroad universities offer world-class education, modern facilities, and excellent research opportunities.
As you study abroad after B.Com, you will learn more and more in a specific area. It could be finance, business analytics or marketing, or even management.
Required Documents:
Abroad universities require a list of documents to process the application. . List of required documents includes-
- A statement of purpose,
- Letter of recommendation,
- Academic transcripts,
- Work experience,
- Passport-size photograph,
- Financial proof,
- Updated resume.
Best Places to study abroad after completion of B.Com
If you're looking to study abroad after B.com, here are the major nations that offer the best education abroad:
Australia:
Australia is the most popular place to study abroad. One of the most intriguing benefits is that students can work part-time to manage their living expenses.
Here is a list of top universities in Australia offering a variety of subjects related to commerce.
- Victoria University
- Edith Cowan University
- The University of Sydney
- UNSW University
- RMIT University
Canada:
Indian students pursuing higher education in Canada can study and live freely as it is one of the world’s safest countries.
Here is a list of reputable institutions in Canada:
- The University of Toronto
- McGill University
- The University of Alberta
- The University of British Columbia
- Western University
New Zealand:
New Zealand is a popular option for those who want to study abroad.
Here are some of New Zealand’s finest universities:
- University Of Auckland
- Victoria University Of Wellington
- University Of Canterbury
- University Of Otago
- Massey University
United States of America:
United States of America is the popular choice among students who want to study abroad. A degree from a prestigious college in the United States can propel your career to new heights.
Here is a list of top institutions in the United States:
- Harvard University
- Stanford University
- The University of California
- Yale University
- The University of Pennsylvania
- The University of Chicago
- New York University
Germany
The most fascinating thing about studying in Germany is that public universities do not charge tuition fees. Students who opt to study at German institutions have several options.
Here is a list of top-ranked universities from Germany which offer various subjects related to commerce:
- GISMA Business School
- Frankfurt University
- Dortmund University
- Dresden Technical University
- Fachhochschule Fulda
Which country is best for students to study abroad after completing B.Com?
The best places to study abroad after completing B.Com are the UK, USA, Canada, Australia, and Germany.
These universities are among the best commerce universities in the country, with a plethora of career opportunities
Conclusion:
You may have heard that more and more people are taking the gap after completing B.Com. So why study abroad?
Studying abroad gives students the experience of a lifetime. Indian students can explore a wide range of opportunities abroad after completing BCom.
Canada, the United Kingdom, and the United States are some of the best study-abroad destinations for BCom Graduates.
Looking to pursue a diploma course after completing 12th in Commerce? Explore a range of promising options that can enhance your career prospects and provide you with specialized knowledge in areas like accounting, finance, marketing, and more. Read on to discover the best diploma courses that can help you excel in the field of commerce and open doors to exciting job opportunities.
Popular Study Abroad Courses After B.Com (FAQs)
1. What are some of the most popular Master's programs to study abroad after a B.Com?
There are several well-regarded Master's programs that B.Com graduates pursue abroad. Here are a few of the most sought-after options:
- Master of Business Administration (MBA): This versatile degree equips you with a broad range of business skills and knowledge in areas like finance, marketing, accounting, and leadership. An MBA from a top international university can significantly boost your career prospects
- Master of Finance (MFin/MiF): This program offers a deep dive into the world of finance, covering topics like investment banking, financial modeling, and risk management. It's ideal if you have a specific interest in a finance career.
- Master of Commerce (MCom): An MCom program allows you to specialize in a particular area of commerce, such as accounting, economics, or marketing. It provides a strong foundation for various professions in the business world.
2. Are there any other options besides traditional Master's programs?
Absolutely! Besides the programs mentioned above, there are other exciting options to consider:
- Master of Business Analytics: This program focuses on using data analysis and modeling techniques to solve business problems. With the growing importance of data in today's world, a Master's in Business Analytics can open doors to exciting career paths.
- Master of International Business (MIB): An MIB program equips you with the knowledge and skills to navigate the complexities of international business. You'll learn about global trade, foreign markets, and cross-cultural management.
3. Where can I find more information about studying abroad after a B.Com?
Several resources can help you explore your options for studying abroad after a B.Com degree. Here are a few suggestions:
- Educational consultancies that specialize in international education can provide guidance and support throughout the application process.
- Websites of universities abroad often have detailed information about their Master's programs and admissions requirements.
- Resources like Shiksha offer information about popular study abroad programs for B.Com graduates.
An IIT Delhi IIM Ahmedabad alumni initiative
Alpha Education Abroad is an initiative by IIT Delhi and IIM Ahmedabad alumni. The firm helps students get admitted to top universities overseas in the US, UK, Australia, Canada, Germany, and many other countries. It allows students to apply for graduation as well as post-graduation courses abroad. It also helps students get admitted to top 1 year MBA programs such as ISB and IIM Ahmedabad in India.