The business landscape no longer follows traditional pathways. It is driven by technology and strong analytical and decision-making abilities. A Bachelor of Commerce degree alone is no longer sufficient to keep professionals afloat in the competitive job market.
Pursuing professional commerce certificate courses such as the CIMA, CFA, CMA, and ACCA can help students stay updated with the latest industry trends and tools, ensuring they are well-prepared for the changing demands of the business world.
Employers now value these certifications to validate candidates’ skills and commitment to professional development. Thus, these add-on courses for commerce students enhance their credibility and employability.
Here’s a curated list of the top certification courses for commerce students, online and offline.
Certificate Courses for Commerce Students
Various certificate courses for commerce students provide valuable practical skills and specialised knowledge to enhance their career prospects in finance, accounting, and business. Here are some of the best certificate courses that you can pursue as a commerce student:
Financial Modelling and Valuations
A financial modelling and valuations course is one of the most widely chosen certificate courses for B.com students. The course equips students with the essential skills for constructing intricate financial models and assessing the value of a company’s assets.
Financial models help understand a company’s overall financial health and performance. It is a critical decision-making tool, helping company executives estimate expenses and project profits for new projects. A financial modelling and valuation course provides practical training through real-world case studies, examples and simulations, imparting the critical skills to excel in the financial industry.
Job prospects: Obtaining this certification widens the opportunities for individuals to venture into dynamic sectors such as Investment Banking, Corporate Finance, Consulting, Credit Analysis, Equity Research, and Portfolio Management.
Curriculum:
- Basic and Advanced Excel and PowerPoint
- Basic Finance Concepts
- Business Modelling
- Comparable Company Analysis
- Precedent Transaction Analysis
- Discounted Cashflow Valuation
- Merger Model
- Leveraged Buyout
Association of Chartered Certified Accountants (ACCA)
ACCA certification is a globally recognised and esteemed professional accounting qualification that arms individuals with the essential skills needed for a successful career in accounting, finance, and business management.
The ACCA coaching program encompasses diverse subjects such as financial accounting, advanced taxation, audit and assurance, and financial management, providing a holistic foundation to excel in finance and accounting.
ACCA-certified professionals are globally recognised for their expertise and are sought after by various industries.
Job prospects: Earning the ACCA qualification opens many promising career opportunities, spanning crucial roles in management, investment banking, audit and assurance, taxation, corporate finance, risk management, forensic accounting, and financial management.
Curriculum:
- Strategic Business Reporting
- Advanced Financial Management
- Advanced Performance Management
- Advanced Taxation
- Advanced Audit and Assurance
- Management Accounting
- Financial Accounting
US Certified Management Accountant (CMA)
The CMA certification, offered by the Institute of Management Accountants (IMA), represents a distinguished credential tailored for individuals aspiring to excel in management accounting and financial management.
This comprehensive program delves into essential subjects, including financial planning, budgeting, forecasting, and financial statement analysis. It also focuses on cost management and performance evaluation, equipping professionals with the expertise to streamline operations and drive increased organisational profitability.
Job prospects: Completing the US CMA course positions you as a specialist in both financial accounting and strategic management roles, including that of a Financial Analyst, Corporate Controller, Cost Accountant, Financial Risk Manager, and Management Accountant.
Curriculum:
- External Financial Reporting Decisions
- Planning, Budgeting and Forecasting
- Performance Management
- Cost Management
- Internal Control
- Technology and Analysis
- Financial Statement Analysis
- Corporate Finance
- Risk Management
- Investment Decisions
- Professional Ethics
Chartered Financial Analyst (CFA)
The CFA certification, administered by the CFA Institute, is a prestigious credential tailored for finance and investment professionals. The CFA coaching program is one of the best certificate courses for B.com students, encompassing a broad spectrum of financial subjects.
This certification enables professionals to make astute investment decisions, effectively manage intricate portfolios, and conduct insightful analyses of financial markets, all of which are vital skills for excelling in finance and investment.
Job prospects: Becoming a CFA charterholder widens your job prospects in diverse roles in relationship management, data analysis, credit assessment, stock trading, accounting, auditing, financial planning, and sales leadership.
Curriculum:
- Corporate Finance
- Financial Reporting Analysis
- Equity
- Alternative Investment
- Derivative
- Fixed Income
- Quantitative Techniques
- Portfolio Management
- Economics
Chartered Institute of Management Accountants (CIMA)
The CIMA certification is an internationally recognised qualification tailored for individuals seeking careers in finance.
The program offers a holistic grasp of various subjects in banking and finance, encompassing financial accounting, management accounting, and strategic management. Equipping professionals with the knowledge and skills acquired through CIMA enables them to spearhead informed decision-making, effective budgeting, and precise performance evaluation within organisations, significantly contributing to their success.
Job prospects: CIMA certification holders are fit for various roles, including Management Accountant, Business Analyst, Management Consultant, and Forensic Accountant.
Curriculum:
- Fundamentals of Business Economics
- Fundamentals of Management Accounting
- Fundamentals of Financial Accounting
- Fundamentals of Ethics, Corporate Governance and Business Law
- Managing Finance in a Digital World
- Management Accounting
- Financial Reporting
- Advanced Management Accounting
- Advanced Financial Reporting
Conclusion
Embark on a transformative journey towards a promising career with the best online courses for commerce students. These courses open doors to exciting opportunities, promising higher earning potential and a rewarding career.
Are you looking for prep programs before you take these coveted examinations? The WallStreet School offers online and classroom programs so that you can ace these certifications with the help of experts with 20+ years of experience.
Elevate your career and step confidently into the professional world with the ACCA (online/offline), CFA (online/offline), CMA (online/offline), Financial Modelling and Valuations (online/offline) and CIMA (online/offline) training by the WallStreet School today!
Get in touch with us via email or phone (+91-9953729651)
FAQs
- Can I do CIMA from India?
CIMA is one of the best additional courses for B.com students, which can be pursued from anywhere. Indians can pursue the CIMA certification by registering through their official website. They can also enrol with training providers on platforms like the WallStreet School to crack the exam in one go.
- Is CFA more difficult than CA?
Comparing the Chartered Accountancy (CA) program to the Chartered Financial Analyst (CFA) program, it becomes evident that the CA program is more challenging. While both programs are undeniably complex, the CA program requires a heightened focus, dedication, and practical exposure.
- Does CMA have maths?
The CMA certification is one of the best extra courses for commerce students.
Although not mandatory, having maths in your 10+2 makes it easier to navigate the course curriculum.
