Higher study options for commerce graduates

Q & A

The Indian Institute of Foreign Trade, New Delhi.

The Indian Institute of Foreign Trade, New Delhi.  

Q. I am a first year B.Com. student and I would like to know about the possible course options after securing my degree. - Tania Edison Pereira, Kollam

A. Besides M.Com., commerce graduates with high marks can go ahead with one of the following options for higher study according to their aptitude and interest. The choices are indeed many.

Commerce graduates will enjoy an advantage if they opt for management courses. Master of business administration (MBA) with finance or marketing specialisation is a suitable higher study option for commerce graduates.

Apart from this, the master of financial control (MFC) course can also be considered. The Department of Financial Studies 0f the University of Delhi, is one of the prominent institutions offering the MFC programme.

This course offers excellent career prospects in corporate finance, investment analysis & portfolio management, financial services, international finance, equity research, treasury management, insurance, mutual funds and related areas.

Any graduate from a recognised university with 50 per cent marks is eligible for admission. Final year students are also eligible. Selection is based on an all-India admission test.

Madurai Kamaraj University and Madurai Kamaraj University College also conduct MFC programme. Graduates in any discipline are eligible for admission.

The Institute of Economics and Finance under Bundelkhand University, Jhansi, conducts MFC, MBA (financial management) programmes. Graduates with 50 per cent marks are eligible.

Sri Sathya Sai Institute of Higher Learning (deemed university), Prasanthi Nilayam, offers MBA (finance) on the men's campus.

The post-graduate programme in management (PGP - Equivalent to MBA) conducted by the Indian Institutes of Management (IIMs) is the best option for you in management education.

Admissions are through the common admission test (CAT). Minimum eligibility for admission to PGP is a three-year bachelor's degree in any discipline.

The Indian Institute of Management, Kolkata, conducts a post-graduate programme in computer-aided management (PGDCM). Students admitted to this programme are required to take courses in marketing, finance, production and operations management, data processing, human resource management, strategic management, statistical methods, sociology, economics, legal systems and business environment. In addition, take some courses in information technology. Graduates in any discipline are eligible for admission. Selection is based on CAT score, aptitude test in mathematics, group discussion and personal interview, past academic record, etc.

The Indian Institute of Foreign Trade (IIFT), New Delhi (deemed university), offers the MBA (international business) programme. Graduates in any discipline who have studied a course of minimum three years' duration are eligible for admission. No age limit. Selection is based on an admission test on an all-India basis, group discussion, essay writing and interview.

Some other institutes/university conducting similar courses are:

Gitam Institute of Foreign Trade, Visakhapatnam - Masters programme in international business. Symbiosis Institute of International Business, Pune - Masters programme in international business - Specialisation - marketing, finance and logistics.

Business School, Punjab University, Chandigarh - MBA international business.

The Cochin University of Science and Technology offers a master of international business (MIB) course. A degree holder in any subject with 50 per cent marks in aggregate is eligible for admission. Another suitable Cusat course is the master of business economics (MBE). Selection is through Cusat - CAT.

Bharathidasan Institute of Management under Bharathidasan Universirty, Tiruchirappalli offers a two-year full-time residential MBA with specialisation in marketing, finance operations, systems and human resource management. Graduates/post-graduates in any discipline with 50 per cent marks are eligible for admission. Selection is through XAT test score, group discussion and personal interview.

In addition to MBA, acquiring a law degree would be an added advantage.

Other suitable higher study options are chartered accountancy, cost and works accountancy and company secretaryship. Hard work will pay rich dividends if you opt for these careers.

Such qualifications, along with an LLB degree will vastly enhance your career prospects.

The Institute of Chartered Accountants of India (ICAI), New Delhi, is the premier statutory professional accounting body of the country to regulate the education/training and profession of chartered accountancy. For details visit or contact the nearest ICAI branch.

This Institute of Cost and Works accountants of India, Kolkata, is a statutory body to impart education and training in cost accountancy.

To become a company secretary, one should pass the foundation, intermediate and final examinations conducted by the Institute of Company Secretaries of India (ICSI), New Delhi. Graduates in any discipline (except fine arts) are eligible for direct registration for intermediate examination.

Some other higher study options for commerce graduates are e-commerce, computer applications, business finance, multimedia, tourism management, bank management, hospital administration, trade and services, etc. at the post-graduate level.

Pondicherry University offers an M.Com. (business finance) course.

The Indian Institute of Finance conducts management of business finance (MBF) two-year full-time regular post-graduate programme. Graduates in any discipline with 50 per cent marks are eligible for admission.

Annamalai University offers M.Com. - accounting finance and international banking; M.Com. - cooperative management; master of business studies (MBS); master of financial services (MFS); MA - applied economics. Commerce graduates are eligible for admission to all these courses.

University of Madras (School of Management, Chepauk Campus), Chennai, offers M.Com. - trade and services course for commerce graduates.

The Department of Commerce (Chepauk Campus, Chennai) conducts M.Com international business as a self-financing course.

Guru Ghasidas University, Bilaspur, offers M.Com. - e-commerce; M.Com. - business administration courses. B.Com./BBA/BBM holders with 50 per cent marks are eligible for admission.

The Mudra Institute of Communications (MICA), Ahemmadabad offers two-year residential programme leading to post-graduate diploma in communication management. Specialisation options are brand communications (account planning and management/brand management), media management, marketing research. Admission is based on IIM - CAT score, MICA entrance test, group discussion and personal interview. Three years bachelor's degree holder in any subject from a recognised university is eligible for admission.

It is one of the best higher study options for commerce graduates and highly job-oriented.

The Tata Institutes of Social Sciences (deemed university), Mumbai, conducts MA courses in personnel management and industrial relations, master of health administration, master of hospital administration. Eligibility is a bachelor's degree in any faculty with minimum aggregate marks of 50 per cent (40 per cent for SC/ST).

School of Medical Education - Kottayam and Eranakulam, under Mahatma Gandhi University, offers master of hospital administration (MHA). Eligibility is graduation/post-graduation in any subject with 50 per cent marks.

Sri Ramachandra Medical College and Research Institute (deemed university), Chennai, offers MBA (hospital and health systems management) of two years' duration. Any graduate with 50 per cent marks is eligible for admission.

Amrita Institution, Kochi, offers M.Sc. (visual communication), M.Sc. (hospital management), M.Com. (computer applications) courses. Commerce graduates with 50 per cent marks are eligible for admission.

Commerce graduates with mathematics or statistics or computer science as one of the subjects (with 55 per cent) are eligible for admission to master of computer applications (MCA) course.

A graduate in any discipline with mathematics at the 10+2 level is also considered for MCA admission. State-level/all-India MCA common entrance tests are conducted for selection to MCA course.

A recognised post-graduate diploma in computer applications (PGDCA) course is also helpful to commerce graduates to secure jobs as assistant programmers and other jobs in the IT-Enabled Services industry. Graduates with PGDCA can pursue M.Sc. computer science course conducted by the University of Kerala through the Institute of Distance Education, Kariavattom campus Thiruvananthapuram.

Graduates with PGDCA can also go for IBM mainframe S/390 training being conducted by the Centre for Development of Advanced Computing (C-DAC).

MCA/M.Sc. computer science will be more helpful to secure a better job in computer software/information technology.

Diploma in computerised financial accounting using tally is another option for commerce graduates to enter the accounting profession. 3D/2D animation, visual effects, multimedia, visual communication, DOEACC - B level computer courses are also suitable for graduates with aptitude in the relevant field.

Mahatma Gandhi University has introduced MA - multimedia, a two-year course for graduates through the distance education mode.

E-commerce is an emerging area, which is best suited for commerce graduates with basic programming knowledge and a sound understanding of business transactions.


Author and career consultant based in Thiruvananthapuram

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