Introduction

In today’s world, setting your B.Com degree with a global financial credential can give you a double bonanza in global career and skills. The majority of the organizations seek out further qualifications. By doing so, you highlight yourself in the international job market.

Top certificates that give you international recognition and are in high demand are:

• Chartered Financial Analyst (CFA)
• Financial Risk Management (FRM)
• Association of Chartered Certified Accountants (ACCA).
• Certified Management Accountant (CMA US)

1. Chartered Financial Analyst (CFA)

Chartered Financial Analyst (CFA) is a worldwide-accepted course that mainly concentrates on investment banking and portfolio management. The CFA candidates need to pass level 1, 2, and 3 exams to attain certificates with 3-4 years of experience.

• Global Roles: Portfolio, investment banking, equity research
• Qualifier: Direct entry to level one for candidates pursuing B.Com
• Duration: 3-4 years
• Cost: USD 2500-3000

2. Financial Risk Management (FRM)

Financial Risk Management (FRM) focuses on analysis of risk and management. Candidates are required to pass level 1 and 2 exams with 1-2 years of work experience.

• International jobs: risk management roles in banks and corporations
• Qualifier: No specific degree requirement; complete 2 years of experience to get a certificate
• Duration: 1-2 years
• Cost: USD 1500-2000

3. Bachelor of Commerce with Association of Chartered Certified Accountants (ACCA)

Accounting is the base for commerce with ACCA certification, making you successful in the global market.

• Global job roles: Account, audit, finance roles worldwide
• Qualifier: B.Com students get exempted with few subjects
• Cost: 2-3 lakhs
• Duration: 2–3 years
• Key highlight: Accepted over 180 countries

4.  Certified Management Accountant (CMA US)

 Out of all international finance certifications, the Certified Management Accountant (CMA US) is globally recognized, plus it meets all the international financial standards. They are fit for financial planning, analysis, control, decision-making, and expert-led ethics. These professionals have an advanced special power to handle the most complex financial issues of the organization and convert it into something very valuable, aiming for high performance and profit. 

• Job roles: Management accounting, corporate finance
• Qualifier: Seek with B.Com, license awarded after BCom and 2 years of work experience.
• Duration: 1-1.5 years
• Cost: 1.5 lakhs to 2 lakhs

Global Credentials with B.Com benefits

1. Syllabus collaboration

 As BCom is said to provide groundwork for most of the global credentials, all  courses share a few similar topics, like accounting, law, and taxation, which makes your planning productive

2. The sooner, the better

Side by side with BCom, you can take the exams and reward yourself with a global finance certificate. 

3. Career opportunities

Big organizations seek out BComs with finance certificates for various roles like finance officer, finance manager, auditor, etc. 

4. Salary packages

This combination attracts lucrative income, as these employees are among the high earners in the finance industry.

5. Highly Desired 

Professionals are needed to provide strategic advice in the fields of corporate governance, finance, banking, and insurance.

How to Prepare for the Global Certificates Exam along with B.Com?

1. Gain insights into the course
2. Collaborate on your study routine

3. Mastering your Time

• Divide the study hours for college and 
• Start with subjects, which are similar to BCom subjects
• Set small goals to track your progress.

4. Choose the best coaching institute

• Register yourself for offline or online classes like ArivuPro Academy
• Use study materials and other study notes
• Try YouTube for topic understanding.

FAQ’s