Choosing a career in commerce and business might be difficult because there are so many fantastic courses available. Following the completion of class 12, most students contemplate pursuing a B.Com. or BBA program. However, the debate remains as to whether the path is preferable. Let us examine each course’s features in detail and then pick which course will be a better fit for you based on your career goals.
1. About the Programme
If you wish to work in finance, taxation, insurance, or accounting, B.Com. is the perfect course for you.
If you want to manage a firm after graduating from the top business schools in India, or establish a thriving business through entrepreneurship, then BBA is the degree for you.
2. Course and Curriculum
Accounting, micro and macroeconomics, law, and finance are all topics included in a B.Com. curriculum. On the other hand, international Business, Finance and Banking, Insurance, Human Resource Management, Marketing, Family Business and Entrepreneurship, Information Technology, and Event Management are all options for BBA students.
Some of the best BBA colleges in Dehradun also provide advanced BBA programmes to help students develop important industrial skills.
3. Eligibility Criteria
For B Com admissions, the best private schools in India accept applicants with a minimum of 50% aggregate marks in class 12. Students from the commerce stream are given first priority.
Contrarily, some of India’s top business schools accept applicants with a minimum of 50% aggregate marks in class 12 in any stream for BBA admissions.
4. Career and Placements
A B.Com. graduate’s employment prospects will differ depending on whether the student obtained a regular or an advanced B.Com. degree. Professionals with advanced degrees will have better work opportunities in the business. Accounting firms, enterprises with in-house accounting teams, insurance companies, banks, financial institutions, and top CA firms hire B.Com. graduates. Accountants, Operations Managers, Assistant Accountants, and Finance Analysts can all be hired.
A professional with a degree from the best BBA colleges in Dehradun will have more work opportunities than someone with a regular BBA degree. Finance, marketing, human resources, information technology, and entrepreneurship specialists have a better chance of landing a lucrative job. BBA candidates who go on to study an MBA in their field of interest might advance their careers and earn a higher wage. Leading corporations hire BBA graduates as Office Executives, Sales Executives, Research Assistants, Assistant Managers, and Business Development Managers.
5. Higher Education
Professionals with a B.Com. degree can pursue a postgraduate M.Com. degree. They can also seek other credentials such as Chartered Accountancy (CA), Chartered Financial Analyst (CFA), Chartered Management Accountant (CMA), and so on.
After completing a BBA, your options for further education are limited to an MBA degree. It is recommended that you obtain an MBA with the same specialisation as your BBA. One advantage of getting an MBA after completing a BBA is that you will already have a firm foundation in the subjects included in the MBA programme.
6. Salary Packages
Professionals with a basic B.Com. degree can earn a beginning annual compensation of INR 2.5 lakhs, whilst professionals with an advanced degree can earn up to INR 3.5 lakhs per year.
Professionals with a BBA degree can earn an annual salary of INR 2 lakhs and can raise their salary by additional courses, certifications, and work experience.
It is difficult to claim unequivocally which degree is superior to the other because both have advantages and limitations. If you are unsure about which field of commerce you want to pursue, you might enrol in B.Com. course to determine your career ambitions.
If, on the other hand, you are certain that you want to pursue a career in business management, then BBA is the correct decision for you. Regardless of which undergraduate programme you choose, you will be able to pursue an MBA at the postgraduate level from the top business schools in India. So, in the long run, let your job goals and ability determine which degree is best for you.