Imagine being in that confused state of mind when everyone around you suggests what to choose for your higher studies abroad.
From Accounting and Finance to Economics and Business Management, there are different subject options for commerce students.
So if you are a commerce student, you might have gone through this stage of confused mind at least once.
This post discusses the best courses in demand for commerce students abroad. Before reading ahead, take a look at the courses discussed in this post.
Best courses in demand for commerce students abroad after 12th commerce:
- BCom (Bachelor of Commerce)
- BBA (Bachelor of Business Administration)
- BCA (Bachelor of Computer Applications)
- Bachelor in English Literature
Best study abroad courses after BCom:
- MBA (Master of Business Administration)
- MFin (Masters in Finance)
- MCom (Master of Commerce)
- MIB (Masters in International Business)
Each course description comprises an overview of the study program and the best colleges to study abroad.
Best courses in demand for commerce students abroad after 12th commerce
BCom (Bachelor of Commerce)
If you plan to build a career in the business field, BCom is one of the courses in demand for commerce students abroad.
BCom is a three-year program that provides an excellent foundation for business managerial skills like project management, financial management, human resources, accounting, and economics.
Course overview
| Name | BCom (Bachelor of Commerce) |
| Course Duration | 3 years |
| General Eligibility Criteria to Study Abroad | 10+2 and English language proficiency tests such as IELTS, TOEFL |
| Tuition Fee Range per Year | USA – ₹6,52,344 to 32,61,722UK – ₹9,13,197 to 54,38,490Canada – ₹11,92,084 to 35,76,253Australia – ₹10,60,434 to 23,85,977 |
| Career Opportunities | Business Analyst, Finance Manager, Accountant, Risk Analyst, Auditor, Marketing Manager |
| Salary Range | USA – ₹52,00,000UK – ₹39,50,000Canada – ₹30,60,000Australia – ₹39,35,000 |
Best university/college abroad to study BCom
| Name of the college/university | Country |
| California Institute of Technology (Caltech) | USA |
| Massachusetts Institute of Technology (MIT) | USA |
| ETH Zurich (Swiss Federal Institute of Technology) | Switzerland |
| University of Cambridge | UK |
| Tsinghua University | China |
BBA (Bachelor of Business Administration)
BBA is one of the best courses in demand for commerce students abroad if you want to start your own business. The course focuses on nurturing and grooming your entrepreneurial skills.
BBA imparts students with teachings related to effective Business Management along with Entrepreneurship. India has excellent BBA institutes, but most educational programs lack global exposure and competitive education.
Course overview
| Name | BBA (Bachelor of Business Administration) |
| Course Duration | 3-4 years |
| General Eligibility Criteria to Study Abroad | 10+2 and English language proficiency tests such as IELTS, TOEFL |
| Tuition Fee Range per Year | USA – ₹5,00,000 to 64,94,467UK – ₹10,72,000 to 31,50,000Canada – ₹6,79,363 to 34,38,315Australia – ₹16,02,049 to 36,44,000 |
| Career Opportunities | Marketing Associate, Finance Executive, Business Consultant, Research and development manager, Human Resource Manager, Chartered Accountant |
| Salary Range | USA – ₹31,69,161 to 42,73,554UK – ₹40,68,347 to 84,62,162Canada – ₹27,24,838 to 48,57,320Australia – ₹26,34,949 to 47,42,908 |
Best university/college abroad to study BBA
| Name of the college/university | Country |
| Harvard University | USA |
| Massachusetts Institute of Technology | USA |
| University of Warwick | UK |
| National University of Singapore | Singapore |
| Bocconi University | Italy |
BCA (Bachelor of Computer Applications)
All the computer intellectuals, this way! BCA is the best program to acquire knowledge and abilities in computer science application and information technology.
The course emphasizes the core subjects like data structures, database systems, computer networks, and programming languages like Java, C++, HML, SQL, and others.
Course overview
| Name | BCA (Bachelor of Computer Applications) |
| Course Duration | 3-4 years |
| General Eligibility Criteria to Study Abroad | 10+2 and English language proficiency tests such as IELTS, TOEFL |
| Tuition Fee Range per Year | USA – ₹13,75,483 to 44,80,718UK – ₹17,87,209 to 24,85,490Canada – ₹8,98,894 to 21,95,353Australia – ₹32,25,114 to 37,99,040 |
| Career Opportunities | Web Developer, Software Developer, Computer Programmer, System Engineer |
| Salary Range | USA – ₹58,56,876 to 80,00,000UK – ₹20,67,980 to 40,63,581Canada – ₹24,36,543 to 42,19,380Australia – ₹27,87,794 to 44,18,391 |
Best university/college abroad to study BCA
| Name of the college/university | Country |
| Stanford University | USA |
| University of Oxford | UK |
| University of Cambridge | UK |
| ETH Zurich | Switzerland |
| University of Toronto | Canada |
Bachelor in English Literature
Are you the Shakesphere one? Then, BA in English Literature is your course.
BA in English Literature is for students planning to expand their understanding of the English language. Students will be introduced to key literary texts, scholars, concepts, and theories.
When you do your BA in English, you will be doing some core topics like:
- Literature throughout history
- Literature and theory
- Creative writing
- Introduction to poetry
- Narrative forms
- Contemporary literature
Course overview
| Name | BA in English Literature |
| Course Duration | 3-4 years |
| General Eligibility Criteria to Study Abroad | 10+2 and English language proficiency tests such as IELTS, TOEFL |
| Tuition Fee Range per Year | USA – ₹13,60,829 to 22,93,739UK – ₹12,08,884 to 13,63,352Canada – ₹9,75,718 to 21,39,027 |
| Career Opportunities | Editor, Journalist, Writer, Professor, Copywriter, Medical writer |
| Salary Range | USA – ₹26,04,579 to 71,62,592UK – ₹20,74,097 to 53,44,789Canada – ₹21,93,080 to 42,67,615 |
Best university/college abroad to study BA in English
| Name of the college/university | Country |
| University of Birmingham | UK |
| Keele University | UK |
| University of Connecticut | USA |
| Brescia University College | Canada |
| Arizona State University | USA |
Best study abroad courses after BCom
Also Read: Study Abroad Guide for Indian Students 2024
MBA (Master of Business Administration)
With the master of business administration (MBA) graduate program, the student, gains training in theoretical and practical business or investment administration.
There are full-time MBA and part-time MBA courses which you can select based on your conditions.
Course overview
| Name | MBA (Master of Business Administration) |
| Course Duration | 1-2 years for full-time MBA2+ years for part-time MBA |
| General Eligibility Criteria to Study Abroad | Management aptitude tests: GMAT or GRELanguage proficiency tests: IELTS or TOEFL |
| Average Tuition Fee per Year | USA – ₹48,83,850UK – ₹46,20,312Canada – ₹24,88,809Australia – ₹34,00,272 |
| Career Opportunities | Financial Analyst, IT Manager, Internal Auditor, Management Consultant, Product Manager |
| Average Salary | USA – ₹81,38,410UK – ₹55,09,325Canada – ₹57,28,782Australia – ₹51,75,515 |
Best university/college abroad to study MBA
| Name of the college/university | Country |
| Stanford Graduate School of Business | USA |
| Harvard Business School | USA |
| London Business School | UK |
| HEC Paris | France |
| IE Business School | Spain |
MFin (Masters in Finance)
Are you a finance professional who desires to widen your skill base?
Then, a Master in Finance will be one of the best study abroad courses after BCom that can provide you with the knowledge you want for a career in investment banking.
Apart from traditional investment banking, the program trains students for job possibilities like commercial banking, risk management, insurance, commodities, and energy trading for established industrial companies.
Course overview
| Name | MFin (Masters in Finance) |
| Course Duration | 1-2 years |
| General Eligibility Criteria to Study Abroad | Management aptitude tests: GMAT or GRELanguage proficiency tests: IELTS or TOEFL |
| Tuition Fee Range per Year | USA – ₹26,06,351UK – ₹23,85,426Canada – ₹29,48,867Australia – ₹20,22,000 |
| Career Opportunities | Financial Analyst, Wealth Manager, Forensic Accountant, Investment Banking Analyst, Portfolio Manager |
| Salary Range | USA – ₹57,10,985UK – ₹68,28,512Canada – ₹35,40,329Australia – ₹65,26,840 |
Best university/college abroad to study MFin
| Name of the college/university | Country |
| University of Oxford | UK |
| Imperial College of London | UK |
| Haas School of Business | USA |
| Sydney Business School | Australia |
| Rotman School of Management | Canada |
MCom (Master of Commerce)
Master of Commerce (M.Com) is a study course comprising research papers and a thesis on management, accounting, and economics subjects.
It is the best study abroad course after BCom for candidates who desires a career in accountancy, commerce, business, taxation, and finance.
Course overview
| Name | MCom (Master of Commerce) |
| Course Duration | 2 years |
| General Eligibility Criteria to Study Abroad | Management aptitude tests: GMAT or GRELanguage proficiency tests: IELTS or TOEFL |
| Tuition Fee Range per Year | USA – ₹16,32,840UK – ₹14,65,356Canada – ₹10,03,610Australia – ₹10,43,193 |
| Career Opportunities | Finance Manager, Accountant, Financial Analyst, Operations Manager, Account Executive, Assistant Finance Manager, |
| Salary Range | USA – ₹49,10,454UK – ₹37,69,062Canada – ₹47,54,534Australia – ₹36,50,225 |
Best university/college abroad to study MCom
| Name of the college/university | Country |
| University College London | UK |
| University of Essex | UK |
| University of Melbourne | Australia |
| Dublin City University | Ireland |
| Curtin University of Technology | Australia |
MIB (Masters in International Business)
MIB student program focuses on dealing with business in the context of the international economy.
Corporations usually recruit MIB graduates who are specialized in the global economy, international marketing, financial management, strategic decisions, and operations.
Course overview
| Name | MIB (Masters in International Business) |
| Course Duration | 1-1.5 years |
| General Eligibility Criteria to Study Abroad | Management aptitude tests: GMAT or GRE Language proficiency tests: IELTS or TOEFL |
| Tuition Fee Range per Year | USA – ₹24,00,000UK – ₹33,65,721Canada – ₹23,57,832Australia – ₹18,24,867 |
| Career Opportunities | International Marketing Manager, Global Sourcing Manager, Business Development Director, Director of Sales, Global Product Manager. |
| Salary Range | USA – ₹58,93,699UK – ₹50,00,000Canada – ₹63,18,890Australia – ₹67,61,659 |
Best university/college abroad to study MIB
| Name of the college/university | Country |
| University of Chicago | USA |
| York University | Canada |
| Yale University | USA |
| Harvard Business School | USA |
| Stanford Graduate School of Business | USA |
Final thoughts on best courses in demand for commerce students abroad
It is difficult for most students to decide when it comes to choosing the right course. This is because the best courses in demand for commerce students abroad involve an expensive affair.
At SelectRight, we have mentors who care for your success and can deliver practical suggestions on studying abroad.
That’s where SelectRight steps in. SelectRight helps you compare universities and courses based on key factors like return on investment (ROI), placement records, chances of admission, and even funding opportunities. It takes the guesswork out of your decision-making process and provides personalized recommendations based on real data.
Here’s how it works:
- You create your profile.
- SelectRight analyzes your academic background and preferences.
- You get a tailored list of courses and universities that fit your needs.
- Compare them based on factors like costs, placements, and alumni networks.
- With expert guidance, make an informed choice.
Once you’ve shortlisted the perfect university, the next step is financing your education. This is where FundRight comes in. With FundRight, you can get access to multiple loan offers from over 15 top Indian and international lenders, all through a single application. Lenders compete to offer you the best interest rates, ensuring you get the most affordable loan. FundRight simplifies the process and gives you a clear view of the best options.
Start with SelectRight to choose the best course, and use FundRight to finance your study abroad journey, all with ease!
Also Read: Business-related MS vs MBA in the USA
FAQs
In general, one of the most in-demand programs in the world is Data Science. In today’s data-driven economy, organizations are increasingly relying on analytics and big data, which has increased the demand for talent in the data industry.
A report by Markets & Markets suggests that in 2024 the global data science market is estimated to reach $140.9 billion. This number reflects the increasing demand for skilled experts in areas such as AI, machine learning, statistical analysis, etc.
However, the most in-demand course abroad for commerce students is Master of Finance. This degree focuses on investment strategies, financial analysis, corporate finance, risk management, etc. Graduates can earn a median salary of $134,180 annually in countries like the USA, Germany, Singapore, and Canada.
Business and finance are the main areas of study that are popular among commerce students. For both areas, the USA offers the highest-ranking universities with great ROI and career prospects. Nine out of the top 20 universities featured in the QS World University Rankings by Subject 2024: Business & Management Studies are from the USA.
These universities offer specializations in accounting, finance, marketing, and international business. Thanks to the country’s strong economy and endless opportunities, finance graduates can earn an annual salary of up to $100,000 at the entry level. Huge corporations and Fortune 500 companies hire graduates of business and finance programs in the USA.
Also read: Exams to study abroad
One of the best career options for commerce students is Chartered Accountancy (CA). A CA holds expertise in auditing, financial management, and taxation to ensure a company’s financial health.
According to Payscale, the average base salary of a CA in the USA is $107,000 per annum, £53,000 per annum in the UK, C$101,000 per annum in Canada, and ₹9,60,669 per annum in India.
