MBA courses offer many specializations. The choice of disciplines differs from university to university. From traditional concentrations like Finance, Marketing, International Business, Operations, etc to more unique disciplines like Data Analytics, Criminal Justice, Knowledge Management, Transport and Logistics, Aviation, and Real Estate.
Each concentration offers a different career route and salary range. Students would have to introspect about their strengths and their interests before choosing a concentration. There are also MBA disciplines aimed specifically at entrepreneurs or for students who wish to start their own businesses. For B.Com students, who wish to continue working in Finance, opt for MBA in Finance or Banking and Finance.
Why Should One Pursue MBA after B.Com?
Many students after completing their Bachelor of Commerce degree opt for an MBA degree. New students could wonder why MBA after B.Com and the reason for its popularity. There are, however, reasons why it is such a popular postgraduate degree after completing B.com. Some of such reasons have been elaborated on below.
Also Read: How A Global MBA Can Give You Exponential Exposure?
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Choice of specializations:
B.Com students are not limited to just finance and commerce jobs and course options after graduating. MBA courses offer not just finance but other specializations as well. It is the perfect course to switch career paths if one wishes to do so.
Some popular disciplines in MBA courses are Marketing, Human Resource Management, Operations, etc. This provides great flexibility in today’s economy and the job market. There are also newer disciplines like Data Analytics that students can explore and pursue a field that truly resonates with their likes and dislikes.
Personality development:
MBA courses are especially known for their personality development sessions. This is a course that is meant to generate the future generation of managers and leaders. The curriculum is therefore designed to bring the managerial acumen out of the students.
Over the course of a regular semester, there are classes in communication, body language, maintaining proper body etiquette, etc. Students are also taught how to make proper decisions, how to conduct themselves during meetings, and to develop an analytical mindset. MBA students are also able to strategically think things through.
Case study based learning:
B.Com degree is more of textbook-based learning where students are learning different finance principles and how to apply them. On the other hand, MBA courses are more application based. Theoretical knowledge can only take a student so far.
One must also be able to handle real-life situations which are taught to students through case studies. Recruiters also look to hire students with more practical experience in their field that an MBA degree hopes to meet with their curriculum.
Higher ranked jobs with more salaries:
Regardless of what that MBA specialization one chooses, all MBA students get access to higher-paid senior-level jobs. Whatever the answer is to the question, which MBA is best after B.Com, one can expect to be hired into managerial positions. One can expect to receive employment opportunities in both private and public jobs in a variety of industries like banking and finance, media, retail, etc.
In terms of salary, a B.Com degree will offer just an entry-level salary while an MBA degree offers quite attractive salaries. This salary will only increase depending on the individual’s skill set and the school they are graduating from.
Networking:
Working in the corporate world is all about networking with like-minded people. This wide network comes in help when looking for suitable jobs or for hiring and even general advice. MBA students start networking while they are in the b-school itself. This is a useful skill that will be particularly helpful when one starts working.
Entrepreneurial spirit:
Who does not want to work for themselves. Starting their own entrepreneurial practices takes time and effort. MBA programmes provide the perfect environment for students to explore their passions. Many business schools have dedicated clubs or cells for students to pursue their passions, get guidance and also develop new skills to run their own businesses. Combined with the wide network one gains, starting an entrepreneurial journey becomes easy for MBA students.
Also Read: Impact Of Global MBA In Today’s Business World
What To Do To Pursue MBA After B.Com
To get into an MBA program after B.Com, there is some groundwork to be done beforehand. Most universities and colleges that offer MBAs have an entrance examination-based admissions process. Either the university will have its own written tests or accept national or state-level test scores. Some test scores that are popularly accepted are CAT, MAT, CMAT, GMAT, XAT, SNAP, etc.
Most examinations have sections on English Language, Data Interpretation, Logical Reasoning, General Knowledge, and Quantitative Aptitude. Following the written test, candidates must qualify for the national and university level cut-off marks of the same exam. Thereafter, there is a round of group discussion and personal interviews. Once all rounds are done, candidates can take admission.
What is the best MBA specialization after B.Com?
MBA courses offer many specializations. The choice of disciplines differs from university to university. From traditional concentrations like Finance, Marketing, International Business, Operations, etc to more unique disciplines like Data Analytics, Criminal Justice, Knowledge Management, Transport and Logistics, Aviation, and Real Estate.
Each concentration offers a different career route and salary range. Students would have to introspect about their strengths and their interests before choosing a concentration. There are also MBA disciplines aimed specifically at entrepreneurs or for students who wish to start their own businesses. For B.Com students, who wish to continue working in Finance, opt for MBA in Finance or Banking and Finance.
Is a B.Com better than a B.Tech for MBA?
There is no specific requirement to pursue a particular bachelor’s degree to enroll in an MBA. Students from all backgrounds are eligible to take admission into an MBA course. Not only can Arts students but also Science, Engineering, and Commerce students can apply for MBA.
Some recruiters do prefer candidates with an Engineering degree along with an MBA. These candidates are also offered higher salaries. However, over time and once candidates gain experience, finance students also receive high salaries. If one enjoys working with numbers and financial management, opt for B.Com and then MBA in Finance. On the other hand, if one enjoys working in data analytics opt for B.Tech with MBA with a relevant concentration.
MBA course is a much liked postgraduate course for students from all backgrounds including B.Com graduates. MBA course provides personality development, and case study-based learning options and also opens up a host of career options at high salary points. B.Com students can definitely opt for MBA if their career goals match up with an MBA degree offer.
