Why MBA After Commerce? Top Specializations, Colleges, and Career Opportunities in 2024

Are you looking to kick start your career after B.Com or M.Com? Then MBA is the right option for you. MBA after commerce comes with a package of goodies. These goodies are beneficial in job roles, higher packages, and enhancement of skills. Be thrilled to explore the endless options after graduating from Commerce. Let’s explore the road of opportunities and amazing options after Commerce. Are you looking to kick-start your career after completing your commerce degree? Then an MBA might be the right option for you because its specializations can make you an expert in a particular field. There are many other reasons why you should go for an MBA after Commerce, so let’s catch them together:

Why should graduates of commerce study for an MBA?
Strategic Skill Training	MBA is the golden ticket to polishing your skills. The power of an MBA relies on the ability to make you self-reliant and enhance your strategic and analytical skills.
Career Boost	An MBA is like a career boost camp. It is a magic potion that opens multiple gates of career advancement at once.
The Networking Bridges	Once you enroll in an MBA comes with the treasure of connections, bridging industries, and shaping your career into stronger pursuits.
Bag Full of Specializations	An MBA is not just a usual postgraduate degree with boring subjects. There are multiple options in an MBA to pick your next success path.

Best MBA Specializations’ for Commerce Graduates in 2024

Once you finish the B.Com course, you will have multiple paths to venture to. You can choose to do M.Com. Or CA degree. However, an MBA can give you a more targeted experience if you are eyeing management-level roles. MBA for commerce students is almost like a hands-on experience before you jump into the world of work.

Following are the best specialized MBA courses for a B.Com graduate to pursue.

MBA Specialization	Detail	Average Salary
MBA Finance	It is a two-year postgraduate program focusing on finance, budgeting, and analytics. MBA finance graduates have diverse job opportunities in the banking sector and other organizations and primarily manage a business's finances and accounts.	The average salary of an MBA finance graduate is 7.8 LPA.
MBA in Marketing	A two-year postgraduate program covers topics like consumer behavior, market behavior, advertising, marketing research, and customer relationship management, among other aspects of consumer and markets. MBA Marketing graduates land diverse jobs in corporate sectors, digital marketing agencies, product development, and services-based companies.	The average salary of an MBA marketing graduate is 8.2 LPA.
MBA in HR	This course focuses on training students on their recruiting skills, utilizing human resources, and management. It also provides lessons for office management, administrators, etc.	The average salary of an MBA HR graduate is 7 LPA.
MBA in International Business	This postgraduate degree deals with the nuances of international finance. The course includes e-commerce and trade policy lessons and a basic understanding of international business. An MBA international business graduate can become a Business Development Manager, Business Analyst, etc.	The average salary of an MBA international business graduate is 9.5 LPA.
MBA in Operations Management	This two-year course deals with service launch planning, organizing, and supervising. In the era of e-commerce, MBA operations management graduates can find lucrative job offers as Operations Managers, Operations Team Leaders, etc.	The average salary of an MBA operations management graduate is 9.9 LPA.
MBA in Systems Management	The program deals with software and information technology problems and administrative issues. It trains students in implementing technology into business processes for smoother operations. The students, once they graduate, have a wide range of job opportunities in the field of management.	The average salary of an MBA systems management graduate is 5.6 LPA

Regular MBA Colleges for Commerce Graduates

College Name	Total Fees
IIM Raipur	INR 18,00,000
IIM Bangalore	INR 24,50,000
SJMSOM IIT Mumbai	INR 3,57,450 Per Semester
Symbiosis Centre for Management and HR Development	INR 23,88,000
IIM Lucknow	INR 19,25,000
IIM Indore	INR 21,17,158
Amity University	INR 15,56,000
IIM Ahmedabad	INR 33,00,000

Eligibility Criteria for MBA for Commerce Graduates

Here are some common eligibility criteria to keep in mind while applying for your dream MBA College:

You should have passed your undergraduate degree with a 50% aggregate from a recognized university.
There is a 5% relaxation for the minimum required undergraduate percentage for SC/ST/OBC and PWD. You will be requiring a passing percentage of at least 45% in your graduation.
Some universities require recommendation letters while others only require entrance and interview.Few universities require a common entrance test. Common entrance exams for MBA as CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), NMAT

Online MBA Colleges after B.Com

Online/Distance MBA University	Average Fee
Dr. D.Y. Patil Vidyapeeth	INR 1,40,200
Jain University	INR 1,50,000 – INR 2,61,000
Online Manipal University	INR 1,75,000
Chandigarh University	INR 1,50,000
Symbiosis Online	INR 3,00,000

Top Job Opportunities after MBA

Job Profile	Description	Average Salary
Account Manager	Maintains client relationships, driving sales from existing clients.	INR 8.6 LPA
Business Development Manager	Generates leads, builds client relationships, and explores new business opportunities.	INR 7.3 LPA
Sales Manager	Implements sales strategies and manages sales volume, pricing, and product mix.	INR 6.8 LPA
HR Manager	Plans HR strategies, conducts interviews, and manages employee onboarding.	INR 10.7 LPA
Operations Manager	Oversees company operations, including production and quality assurance.	INR 10.6 LPA
Management Consultant	Facilitates client discussions and provides business improvement suggestions.	INR 26.6 LPA
Employee Relations Manager	Bridges the employer-employee gap, addresses grievances and resolves disputes.	INR 9.5 LPA
Market Research Analyst	Analyses data, gathers buyer insights, and prepares comprehensive reports.	INR 4.2 LPA
Finance Manager	Interprets financial data, manages budgets, and develops financial models. Manages finance department.	INR 16.7 LPA

Frequently Asked Questions

Ques: Why should I pursue an MBA after completing a B.Com or M.Com?
Ans: An MBA after commerce can enhance your strategic and analytical skills, provide career advancement opportunities, and offer specialization in areas such as finance, marketing, HR, and more. It prepares you for management-level roles and can significantly boost your earning potential.

Ques: What are the best MBA specializations for commerce graduates?
Ans: Some of the best MBA specializations for commerce graduates include:

MBA in Finance
MBA in Marketing
MBA in Human Resource Management
MBA in International Business
MBA in Operations Management
MBA in Systems Management

Ques: What is the average salary for an MBA graduate in finance?
Ans: The average salary for an MBA graduate in finance is approximately INR 7.8 LPA.

Ques: What are the eligibility criteria for pursuing an MBA after commerce?
Ans: The general eligibility criteria include:

A bachelor's degree with at least 50% aggregate from a recognized university (45% for SC/ST/OBC/PWD).
Some universities may require entrance exams such as CAT, MAT, XAT, NMAT, along with interviews.
Letters of recommendation may also be required by certain institutions.