Hello, students of the Master of Commerce (M.Com) program at SMS Varanasi! As you might already know, our M.Com degree program is affiliated with Mahatma Gandhi Kashi Vidyapith (MGKVP) and offers a comprehensive understanding of accounting and financial decision-making. It covers a wide range of subjects, including: 

• Managerial Economics, 
• Research Methodology, 
• Banking, 
• Financial Management, 
• Marketing, and 
• Human Resources. 

M.Com specialisations available at our institution are:

• Accounting and Finance, 
• Human Resources, and 
• Marketing.

Each of these specialisations leads to several career paths after doing M.Com. 

Typically, M.Com graduates from SMS Varanasi have excellent job prospects in various fields, including finance, accounting, banking, insurance, consulting, and education. They may pursue diverse M.Com careers such as financial analyst, accountant, auditor, tax consultant, investment banker, and marketing manager.

The good news is that as the business landscape is evolving, new career paths are emerging. Let’s talk about M.Com careers people do not talk about often, have less competition, and offer excellent packages.

What skills M.Com degree offer you?

An M.Com degree from SMS Varanasi equips you with an elaborate set of skills that are highly sought-after in the professional world. These skills open up a multitude of career paths after doing M.Com and empower M.Com graduates to excel in various sectors.

Core Skills:

• Financial Management: With an in-depth knowledge of financial concepts, tools, and techniques for effective decision-making in areas such as investment, budgeting, and risk assessment, you can always opt for M.Com careers in Finance, Investment Banking, and Corporate Finance.
• Accounting: Those who have an advanced understanding of accounting principles, standards, and practices for preparing financial statements, analysing financial data, and ensuring compliance are fit for roles such as accountants, auditors, and financial analysts.
• Taxation: Expertise in tax laws and regulations, tax planning strategies, and tax compliance procedures for individuals and businesses is a valuable skill for tax consultants, tax advisors, and professionals in tax-related roles.
• Business Analytics: The ability to collect, analyse, and interpret data to identify trends, patterns, and insights for informed business decisions is increasingly sought-after in various M.Com careers, including business analysts, data analysts, and market researchers.
• Marketing Management: Marketing managers, brand managers, and marketing professionals in diverse industries need a good understanding of marketing principles, strategies, and tactics for creating, communicating, and delivering value to customers.

Transferable Skills:

• Critical Thinking and Problem-Solving:  All M.Com careers, as well as, all managerial and leadership roles need you to have the ability to analyse complex issues, evaluate different perspectives, and develop effective solutions.
• Communication and Interpersonal Skills: As you pursue the M.Com degree program, you gain proficiency in written and oral communication, active listening, negotiation, and collaboration (while doing group projects, internships, and case studies and participating in various college events). These skills are crucial for building relationships, influencing stakeholders, and working effectively in teams.
• Research and Analytical Skills: For roles that require data analysis, research, and report writing, your ability to gather, evaluate, and synthesise information from diverse sources will prove to be beneficial.
• Project Management: Skills in planning, organising, and executing projects within budget and time constraints. This skill is valuable in jobs that require project coordination and implementation.
• Leadership and Teamwork: Ability to motivate and inspire others, work collaboratively in teams, and achieve shared goals. These skills are crucial for success in managerial and leadership positions.

Now, that we have a list of skills you can chart your career path by choosing career options that meet the skills you shine at. And, you can always work on them while pursuing the M.Com degree program to enhance your employability.

Emerging Careers for M.Com Graduates in the New Age World

The evolving landscape of the new-age world has ushered in diverse and exciting career paths after doing M.Com. M.Com graduates, equipped with a solid foundation in commerce and finance, are well-positioned to excel in these emerging roles:

1. Blockchain Engineer: With the growing adoption of blockchain technology, businesses need skilled professionals to develop and implement blockchain solutions. Those who hold a Master of Commerce degree and have an aptitude for technology can leverage their understanding of finance and cryptography to build secure and transparent blockchain systems.
2. E-Business Consultant: The rapid growth of e-commerce has created a demand for consultants who can guide businesses in navigating the digital landscape. With a good knowledge of business models and marketing strategies, M.Com graduates can help companies develop effective online strategies and enhance their digital presence.
3. Financial Technology (FinTech) Specialist: The FinTech industry is booming and perhaps offers the best-suited M.Com careers for you. M.Com graduates can contribute to developing new financial products and services, improving existing financial processes, or implementing cutting-edge technologies (like artificial intelligence and machine learning).
4. Financial Analyst for Cryptocurrency: The rise of cryptocurrencies has opened up a new avenue for financial analysts. M.Com graduates with their strong analytical skills and understanding of financial markets can evaluate the risks and opportunities associated with digital assets and provide valuable insights to investors and businesses.
5. Sustainability Consultant: With the increasing focus on environmental, social, and governance (ESG) factors, businesses are seeking sustainability consultants to help them develop and implement sustainable business practices. M.Com graduates with their understanding of financial and economic principles can play a crucial role in assessing the financial viability and impact of sustainability initiatives.

The M.Com degree from SMS Varanasi opens doors to several traditional and emerging M.Com careers. We advise our M.Com graduates not to confine themselves to conventional roles in finance and accounting. With the rise of e-commerce, FinTech, and sustainability, new and exciting career paths after doing M.Com have emerged. 

To chart your ideal career path, carefully assess your interests and skills. If you’re tech-savvy, roles like Blockchain Engineer or FinTech Specialist might be a good fit. For those with a passion for digital marketing or sustainability, consider becoming an E-Business Consultant or Sustainability Consultant. 

If financial analysis is your forte, exploring the world of cryptocurrencies as a Financial Analyst could be your calling.

Remember, the key is to align your M.Com degree with your passions and leverage your skills to make a meaningful impact in the ever-evolving business landscape.