MBA has become one of the most popular post-graduate programs and has long been a dream program for many students. According to reports, India has the second-highest percentage of 20 to 34-year-olds with degrees in management.
The MBA degree is open to applicants from a variety of backgrounds. Its diversification allows students with backgrounds in science, business, engineering, the arts, or commerce to choose it and have a diverse learning experience. But there has always been some level of uncertainty among students studying business who want to pursue an MBA after earning a bachelor’s degree. It can be difficult for Class 12 students to decide between B. Com and BBA. For those who want to pursue an MBA in India, here is a detailed comparison of the B. Com and BBA degrees.
BCom specializations
Bachelor of Commerce, or B. Com, is an undergraduate degree that can be pursued after Class 12. Finance, economics, insurance, and analytical and problem-solving skills are among the topics covered in B. Com. Each year, more than 10 lakh students enroll in the best B. Com colleges in India. Because mathematics is a prerequisite in B. Com eligibility criteria, which is only available to students in the fields of commerce and science, this degree is specifically created for business majors but is also available to students in the science stream. The degree gives specialization in a particular subject in addition to having every course in B. Com, such as B. Com in Accounting and Finance, B. Com. in Finance, etc. B. Com fees can vary from college to college.
Chartered Accountant (CA), MBA, Company Secretary (CS), Banking & Insurance, Business Accounting & Taxation (BAT), Financial Risk Manager (FRM), Certified Financial Planner, Investment Banking, Chartered Financial Analyst (CFA), Business Analytics and Data Analytics are some of the fields that students can choose to pursue after completing the three-year degree program from best B. Com colleges.
BBA Specializations
After completing Class 12, students can pursue a Bachelor of Business Administration (BBA) degree in business administration and commerce. With this undergraduate degree, students can study about and comprehend both the theoretical and practical aspects of business. More than 1 lakh students complete this course each year from best BBA colleges in India. The BBA is a professional education that equips students with the necessary managerial, operational, and associated skills to start a career in business. BBA eligibility criteria mandates it for students to complete 12th to pursue this program. For those aiming for an MBA, a BBA is a crucial degree. One can pursue a career as a digital marketer, product manager, new technology application architect, business analyst, or consultant thanks to BBA’s specialized courses like BBA in Marketing and BBA in travel and tourism.BBA Fees can vary from college to college.
Scope of an MBA
The MBA specialization provides a specialized field in which to combine your career interest. Marketing, finance, human resources, general management, information technology, operations, entrepreneurship, production management, and many other subjects are available. So, it’s crucial to comprehend each distinct specialization in order to choose which background works best after completing BBA or B. Com.
MBA in HR
A two-year degree program called the MBA in HR focuses on managing human resources and gives guidance. Employees are paid to plan human resource development strategies and are taught for field management by those with an MBA in HR. The students’ performance in human resources will be improved by having studied BBA before pursuing an MBA in HR.
However, students from best B. Com colleges can also apply for this course due to their adeptness in numbers.
MBA in Marketing
For students interested in learning about branding, advertising, and marketing, there is a specialized two-year degree program called the MBA in Marketing. Having a BBA degree from best BBA collegeswould help students succeed in this profession and pursue a career in marketing. Business Environment, Management Concepts, Marketing Management, and other topics are covered in this course. One of the most difficult skills to master, marketing is also one of the most sought-after careers.
MBA in General Management
One of the most well-liked MBA programs is the MBA in General Management, which covers topics in accounting, marketing, and finance. This program is for those who want to concentrate on higher level management issues and are naturally good at managing people. Before enrolling in an MBA program in general management, students should complete a BBA course to lay a solid foundation in this area. This course has a two-year completion period, and students have the option of on-campus or online classes.
MBA in Finance
The knowledge of the finance industry is increased for other business owners and aspirants by having an MBA in finance. The course teaches students how to predict economic trends, pick investment portfolios, and perform related tasks. Students who get an MBA in Finance can find employment in areas such as insurance management, international finance, and tax planning. It takes two years to complete this course, and a bachelor’s degree is required. It will be advantageous to hold a B.Com from best B. Com colleges when doing an MBA in finance.
MBA in IT
E-commerce has given rise to entire industries, making IT one of the most crucial areas of company specializations. You will benefit from having studied at best B.Com collegeswith a focus on information technology because the subjects covered in the MBA program are comparable to those in the B.Com degree. A bachelor’s degree is required for students who want to pursue an MBA in IT, and the program lasts two years. Project management, office skills, flexibility, foresight, etc. are necessary for this course.
Conclusion
BBA is a preferable option for MBA aspirants because it consistently holds true after careful consideration of each specialization. It is simpler to choose the degree in accordance with what suits best given the MBA specialization the students wish to pursue if they have a thorough understanding of both courses.