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Chartered Accountant (CA)
One of the most common careers for commerce students is CA. CA exams are conducted by the Institute of Chartered Accountants (ICAI) and require one to clear three examinations viz. CPT, IPCC and Final CA. IPCC exam consists of two groups. After clearing one of the groups, a student is required to register for articleship with an experienced Chartered Accountant for a period of at least two and a half years. After clearing both groups of IPCC and successfully completing your articleship you can appear for the Final CA exam. Like IPCC, Final CA has two groups as well. After clearing both the groups, you can proudly affix CA before your name.
Eligibility: Graduation + 2.5 years of work experience
Duration: 3 years
Top employers: HDFC, Deloitte, EY, Tata, Accenture
Avg. salary range: 7 lacs to 20 lacs
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Masters of Commerce (M.Com)
Done with B.Com. What next? We are sure most of you said M.Com. It is very common for students to go for the masters degree in Commerce after completing B.Com. You can pursue it from any recognized institute. M.Com is a program that focuses on a systematic study of Accounting, Business, Finance, Economics, Statistics, Taxation, Marketing and Management.
Eligibility: Graduation
Duration: 2 years
Top employers: TCS, Infosys BOP, Genpact, EY, WNS Global Services
Avg. salary range: 3 lacs to 5 lacs
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Masters of Business Administration (MBA in Finance)
There is always someone in the family who will advise you to pursue MBA. A good career in MBA mostly depends on the credibility of the institute it is pursued at. If you are an IIM student, then success will follow you to your doorsteps but doing MBA from an ordinary or a less renowned institute, might not add much value to you resume. The first step for MBA is the CAT (Common Admission Test) exam. CAT scores determine your eligibility in almost all the top MBA institutes.
Eligibility: Graduation and above
Duration: 3 years
Top employers: Amazon, JP Morgan, Microsoft, Accenture, Bank of America
Avg. salary range: 6 lacs to 10 lacs
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Certified Management Accountant (CMA)
If you have plans of going global or working in some of the top MNCs then an international certification is the right choice for you. CMA is offered by the Institute of Management Accountants (IMA), USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA). To become a CMA, a student is required to clear two examinations. CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics making you the preferred choice for potential employers.
Eligibility: Graduation + 2 years of work experience
Duration: 6 months or more
Top employers: Cognizant, KPMG International, DHL
Avg. salary range: 5 lacs to 8 lacs
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Chartered Financial Analyst (CFA)
A With 5000+ domestic jobs daily (source), Chartered Financial Analyst (CFA) is the highest standard of professional excellence in the investment industry and a globally recognized qualification offered by CFA Institute. EduPristine is Indias market leader in training the CFA aspirants for all three levels of CFA exams. There are three kinds of curriculum offered viz. live online training, classroom training, and self-study packages. Holding a CFA charter will also help make your dream of moving abroad easier and smoother. With EduPristine facilitating placements and interviews, youll have nothing to worry about.
Eligibility: Graduation + 2 years of professional work experience
Duration: 2 years 6 months (for all three level of exams)
Top employers: JP Morgan Chase, UBS, Citigroup, Bank of America
Avg. salary range: 6.5 lacs to 18 lacs
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US Certified Public Accounting (CPA)
With 7500+ jobs per day domestically (source), US Certified Public Accountant (CPA) is the highest standard of competence in the field of accountancy across the globe. The exam is administered by the American Institute of Certified Public Accountants (AICPA), which is the worlds largest accounting body. A US CPA qualification is like the Indian CA qualification. However, a US CPA will have knowledge of the US Generally Accepted Accounting Principles (GAAP), IFRS (International Financial Reporting Standards), Generally Accepted Accounting Standards (GAAS), US federal taxation and business laws, which is not a part of the Indian CA qualification. This gives a great advantage to a US CPA working with US Based Financial firms or Indian firms working for US clients. US CPA consists of four exams which can be completed within a year or less. Pursuing US CPA after completing CA, M.Com, CS, MBA in finance, ICWA can also give your career a strong boost.
Eligibility: Graduation and above
Duration: 2 years
Top employers: JP Morgan Chase, Wells Fargo, Citigroup, UBS
Avg. salary range: 7 lacs to 20 lacs
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Financial Risk Manager (FRM)
With 6500+ domestic jobs daily (source), Financial Risk Manager (FRM) is a globally recognized certification for finance and banking professionals by Global Association of Risk Professionals (GARP, USA). FRM will open doors to lucrative career options in risk management, trading, structuring, modeling and more. At EduPristine we have industry professionals training you with real-life case studies of financial risks, both taken and managed. With our soft skills training and career assistance, you come out job ready, all set to take on the challenges of the financial world.
Eligibility: Graduation and above
Duration: 9 months (Two-part exam conducted in May & November)
Top employers: ICBC, KPMG, HSBC, Deutsche Bank, Citigroup
Avg. salary range: 10 lacs to 18 lacs