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Top Finance Courses After Graduation in Commerce

Commerce students have always faced problems when it came to finding a career option. The world is different when an individual looks for career options in commerce. Though, finance might seem like the most sought after field, things are never as easy as they seem. This list breaks down the complexity and suggests best finance courses after graduation.

Top Finance Courses After Graduation in Commerce

1. Chartered Financial Analyst

CFA is a professional credential program offered by the US based CFA institute. You are eligible for the course if:

  • you are in the final year of your graduation degree
  • you have a bachelor’s degree,
  • you possess four years of professional working experience

The exam has three levels and are annually held in June. First level exams are also held in December. With each level cleared, your professional eligibility increases. CFA’s can expect an annual salary of $180,000 after completion of course.

2. Financial Risk Manager

Financial Risk Management is a globally recognized certification offered by the Global Association Of Risk Professional (GARP), USA.

It is a fairly tougher course and teaches about risk management and financial management. The exam is conducted in two parts in the month of May and November and you can take it up along with your graduation.

3. Chartered Alternate Investment Analyst

This is a globally recognized course that offers credential by the CAIA Charter. It is a rather unpopular course as it has been recently introduced. The exams are conducted in two parts after completing a course of study. The certification makes you eligible for professionally managing, regulating, and distributing alternative investments.

4. MBA-Finance

The best MBA course to opt for after graduation in commerce is an MBA in Finance. The conventional choice still offers the broadest curriculum in knowledge spectrum. You can either take it up right after graduation or after working for a few years. Though, an MBA backed by work experience yields better results in the long run. The course includes advanced knowledge of finance and business administration.

5. Masters in Economics

In the field of commerce, economics is the least explored. The industry offers the opportunity to research,analyse, and develop new theories. If the individual wants to tap personal intellectual depths and contribute in the global economy, this is the right field to opt. You can complete your masters from any of the top Indian universities and then continue further for a PhD.

6. Institute and Faculty of Actuaries’ Exams

Actuaries are the elite individuals in finance who study and analyse the financial impact of risk and uncertainties. The exams are held in multiple levels that test your analytical skills, business knowledge, understanding of human behavior. The exams are conducted online and at chosen texting centers across India. The course is extremely tough but the professionals are some of the best paid individuals in the industry.

7. The Certified Financial Planner (CFP)

If after completing a bachelor degree in commerce, financial management is the role you seek, it is advisable to choose CFP. It provides you an in-depth training and understanding of tax planning, insurance management, and financial estate planning. Banks and financial institutions look for CFPs for portfolio management. Also, with a CFP certificate, you can practice in 23 countries across the world with the coveted designation.

8. Chartered Accountant

The oldest and the most popular statutory course that still shines and owns an important place is – Chartered Accountancy. If you have graduated in commerce, then you have an added benefit of directly appearing for the intermediate exams. It gives you a deeper knowledge of subjects that you studied while graduating in commerce, including Accountancy, Taxation, and Company Laws. The course offers practical training along with theoretical knowledge, giving students a first-hand experience of real-life cases.

9. Company Secretary

Company Secretary is a professional degree that has three stages – foundation, executive and training.

You can appear for the the foundation stage after 12th standard along with your graduation or you can appear directly for the executive programme after graduation.

After clearing the executive program, the student has to undergo 15 months of practical training. After clearing all the programmes they become a member of the Institute of Company Secretaries of India.  The course includes company law, finance laws, accounts and taxation.

10. Certified Management Accountant (CMA)

CMA is also a professional credential for graduates in commerce and finance. The certification offers students a deep knowledge of finance, analysis, and risk control. It is a US-based and globally recognized certification, and includes financial reporting, financial controlling, and financial decision making. You can apply for CMA after graduation and two years of professional work experience involving application of management and finance principles.

11. CIMA (Chartered Institute of Management Accountants)

The CIMA is a UK based professional body providing the right training and qualification in management accountancy and other related subjects. It majorly aims to build competent and confident accountants and financial experts who can lead their organizations to sustainable success. The major activities of CIMA are promotions of local education, training, research of new techniques, circulating accounting based practices through publications, media related activities, etc

You can either opt for these courses right after graduation or after some work experience. Consider the difficulty level before taking a final decision when you are choosing a finance course after graduation in commerce.