10 Best Master's Degrees for B.Com Graduates to Study Abroad in 2023

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Aarushi Jain
Updated on Apr 30, 2023 08:09 PM IST

Wondering what are the best courses to study abroad after B.Com? B.Com graduates have multiple course options to choose from as foreign universities offer a wide range of subjects and courses. Let us check out the top 10 master’s degrees abroad for B.Com graduates.

10 Best Master's Degrees for B.Com Graduates to Study Abroad in 2023

Top 10 Master’s Degrees Abroad for B.Com Graduates: Are you unsure about your future and career after completing your B.Com degree? We all know that in today's world, even if you have a B.Com degree from one of the best commerce universities around the world, an undergrad degree is not enough to ensure a secure profession.

A master's degree abroad for B.Com graduates provides them with the right opportunities, quality education, and a jumpstart to their careers. If you believe that there are few choices for B.Com graduates abroad, you are highly mistaken. We have compiled a list of the top 10 master’s degrees abroad for B.Com graduates that they can pursue after the completion of their B.Com degree.

7 Reasons to Study Masters Abroad for B.Com Graduates 

Studying a master’s degree abroad for B.Com graduates is an excellent move that can not only increase their knowledge but also strengthen their CVs. Let us quickly explore the reasons and benefits of studying a master’s degree abroad:

  • Experience High-End Education System: The top study abroad destinations, such as Australia, Canada, the United States, the United Kingdom, and New Zealand, have a modernised education system, which is different from a developing country like India. Foreign countries are home to several world-class universities that rank at the top of the global rankings list. Universities are dedicated to providing students with excellent education and shaping brilliant minds.

  • Network Expansion: Pursuing your master's degree abroad after B.Com allows you to make worldwide contacts. It is an exceptional opportunity to meet like-minded people and expand your social circle. You meet a variety of people, some of whom become lifelong friends.

  • Increases the Value of Your CV: A degree from an international university is enough to make a great first impression on an employer when you enter the real-world job market. With an international degree, you can easily find work in a reputable organisation and obtain a good start in your career. 

  • Become More Independent: Studying master's abroad is exhilarating, but it is also tough. It is not easy to leave your own country and adjust to a new environment. You have to deal with an alien environment, unknown people all around you, a lack of your used-to cuisine, comfort, lifestyle and much more. Experiencing such scenarios enhances your confidence and makes you more self-sufficient than before.

  • Increases Your Job Opportunities: Pursuing a master's degree at a reputable international university broadens your job options in a variety of ways. It makes job searching easier for you and allows you to start your career with a suitable firm and wage package.

  • You Gain New Experiences: Education systems and teaching techniques differ between countries. As a result, pursuing a master's abroad allows you to expose yourself to better education systems and teaching methodologies. The more sophisticated and vivid learning techniques can significantly increase your knowledge level and uncover your hidden talents.

  • Gain a New Perspective on the World: When you study abroad, you live in a completely different environment. You also encounter people from other cultures and backgrounds. These factors improve your social skills, assist you in learning the fundamental ones, and make you a better social person. As a result, you begin to perceive the world through new eyes.

Planning to Study Abroad But Confused Where to Begin?

Top 10 Master’s Degrees for B.Com Graduates

Now that we are aware of some of the most important benefits or advantages of studying master’s degree abroad, it is the right time to unveil our specially curated list of the top 10 master’s degrees for B.Com graduates to study abroad:

#1 Masters in Commerce (M.Com)

  • Duration: 2 years 

Pursuing an M.Com degree after B.Com is one most popular master’s degree options for B.Com graduates. M.Com, or Masters of Commerce, is a two-year course that entails producing research papers and a thesis on accounting, management, and economics subjects. 

Overall, the course goes deeper into the knowledge of revenue, trade, capital, economics, taxes, and other topics that are addressed in depth during B.Com graduation. The programme is made up of core and optional studies. Furthermore, the key disciplines are related to the principles of business. Furthermore, elective subjects are related to specialisation in a particular subject in this field of study.

What's more intriguing is that M.Com students can anticipate a competitive compensation package for this topic. The average income for people with this degree ranges from USD 50,000 to USD 150,000 at leading firms around the world.

#2 Masters in Business Administration (MBA)

  • Duration: 1-2 years 

One of the most popular master’s degrees abroad for B.Com graduates and graduates in other fields of study is the Master of Business Administration (MBA). This is a postgraduate qualification that offers students with advanced business management knowledge and skills. The duration of this course varies between 1-2 years (or more in the case of part-time MBAs) depending upon the country you choose, the university and the type of MBA you plan to study abroad.

A foreign MBA degree provides students with the equivalent of a master's degree and is highly recognised by organizations and recruiters from around the world. By providing an understanding of important business processes such as accounting, finance, marketing, and human resources, the degree prepares you for senior management or entrepreneurial jobs.

The primary difference between MBAs and other postgraduate degrees is that MBAs emphasise professional experience rather than academic knowledge. In contrast to traditional classroom or lecture-led teaching approaches, MBA teaching styles typically feature case study work, group projects, and real-world tasks.

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#3 Masters in Finance (M.Fin)

Duration: 1-2 years 

Next up on our list of top 10 master’s degrees abroad for B.Com graduates to study abroad is Masters in Finance. A Masters in Finance, or M.Fin, programme is an international postgraduate degree study that provides individuals with all of the tools they need to pursue a career in finance. 

Depending on the country, university, and degree type, this course will last between 1-2 years. Since finance is global and everywhere, specialists and graduates in this sector are always in demand. Universities offering this course may require students to have prior professional experience in addition to an equivalent Bachelor's degree in the fields of either Commerce, Finance, or Economics. 

However, the requirements for admission differ from one university to another. Some schools may additionally need their students to take the GMAT exam to be qualified for a Masters in Finance programme abroad.

#4 Masters in Business Analytics (MSBA)

  • Duration: 15 months-2 years 

If you wish to be a part of the latest trend and upcoming new industrial revolution then this is one of the best master courses abroad for B.Com graduates. Pursuing Masters in Business Analytics (MSBA) degree consists of a blend of studies in the field of Data Science, IT, Business Intelligence, and Computer Science. 

Its primary goal is to transform large amounts of data into actionable intelligence through the use of various quantitative and statistical methodologies. Simply put, a Masters in Business Analytics degree abroad is focused on mining data to achieve specific business objectives; rather than focusing on historical performance, it is primarily concerned with predictive and prescriptive strategies. This master’s degree abroad is the answer to the growing demand for complicated data analysis to solve corporate problems.

#5 Masters in Economics 

  • Duration: 1-2 years 

The Masters in Economics is a postgraduate degree that provides graduates with the advanced knowledge and quantitative abilities needed to work as an economic analyst in a company, consulting, central bank, or government. The degree gives a comprehensive understanding of fundamental economic principles, as well as the use of mathematical methods and modelling, as well as the usage of computer software for large-scale data analysis. The economics core (four courses in microeconomics, macroeconomics, statistics, and econometrics) is used to accomplish this. 

This course is particularly developed for commerce graduates to help them improve quantitative skills and specialised knowledge in practically all key areas of economics and is taught by industry experts and professionals. Applicants to study this programme abroad should have, or be expecting, a bachelor’s degree in commerce, economics, or mathematics, or a closely related field of study.

#6 Masters in Management and Leadership

  • Duration: 1-2 years 

If you are more inclined towards pursuing a career in management or leadership, then a Masters in Management and Leadership from our list of top 10 master’s degrees abroad for B.Com graduates is the right choice for you. 

The Masters in Management and Leadership degree programme is intended for graduates and professionals with at least three years of professional work experience who have completed a bachelor's degree. 

This MS degree in Management & Leadership will teach you the fundamentals of being an effective, reflexive manager and leader. The programme will teach you the fundamental ideas and practises of managing and leading people and projects, preparing you for a managerial job. 

#7 Certified Course in Financial Risk Management (FRM)

  • Duration: 1-2 years 

The Financial Risk Management Course is another one of the popular courses abroad for B.Com graduates as it provides them with a globally recognised professional qualification. This qualification clearly distinguishes you from your contemporaries, giving you an edge over others. It improves your understanding of financial risk principles, raises your creditworthiness, and increases your earning potential.

This certification course delves deeply into the practical strategies used by industry specialists to manage financial risks, concentrating not only on risk mitigation, but also on the theory behind risk identification, assessment, quantification, and accounting challenges. B.Com graduates will get the opportunity to learn and interact with industry veterans on real-life case studies from diverse financial and non-financial companies, as well as learn emerging risk management trends.

#8 Certified Financial Planner Course 

  • Duration: 10-12 months 

If you are interested in the Finance side of commerce, then the Certified Financial Planner programme is the appropriate choice for you to study abroad after your B.Com degree. 

In this era of super specialization, the Professional Certification of CFP trains graduates and existing financial intermediaries for offering complete financial counselling services to individuals and establish a fulfilled career in the financial services business.

The CFP is worldwide acclaimed as the best in financial planning training, education, and practice ethics. The course teaches students how to analyse a client's financial situation, create a financial plan for the client, and put it into action for the customer's advantage.  

CFP certification teaches candidates about investment planning, retirement and tax planning, risk and estate planning, and financial planning.

#9 Masters in Digital Marketing

  • Duration: 1-2 years

The goal of a foreign master’s programme in Digital Marketing is to produce the best marketers who are experts in both general marketing and digital marketing in particular and are hired by the most prestigious businesses from around the world. 

Being one of the top master’s degrees abroad for B.Com graduates and graduates from other fields of study too, this degree programme aims to foster a thorough comprehension and a high level of proficiency in the use of digital marketing tools and approaches. Graduates of this course will have a clear edge in the job market thanks to the integration of strategic, analytical, and practical elements. 

Additionally, they can enhance their talents in one or more areas of specialisation. With a Master's Degree in Digital Marketing, you can enter the growing digital sector, a field with exponential growth potential. 

#10 Masters in International Business

  • Duration: 1-2 years

Another postgraduate course in our list of top master’s degrees abroad for B.Com graduates is the Masters of International Business. You will be able to gain an in-depth awareness of the globalised environment in which contemporary firms and economies work thanks to this foreign degree in the field of commerce. 

The programme aims to give students who want to pursue a career in international business a top-tier, professionally relevant education. Additionally, the course will give you the opportunity to study the economics of globalisation and the difficulties that arise in managing and developing an international corporate plan. 

You will learn to evaluate international trade and investment policies and have the chance to get a broad understanding of how and why the economies of the world differ. Your readiness for leadership positions or additional postgraduate study will be enhanced by the course's blend of academic study and practical training.

Top Countries to Study Masters Abroad After B.Com

After knowing in detail about the top 10 master’s degrees abroad for B.Com graduates, you must be wondering about the top foreign destinations and universities from where you can pursue your master’s degree abroad. 

The table tabulated below will thus help you in knowing about the top 5 study abroad destinations for commerce graduates and some of the most renowned universities to study master’s degrees abroad:

Country

Top Universities for B.Com Graduates

United States 

United Kingdom 

Canada 

Australia 

New Zealand 

Singapore 

Germany

After reviewing the list of top 10 master’s degrees abroad for B.Com graduates in this article, we can conclude that pursuing any master's degree abroad is one of the most interesting and pleasurable experiences of anyone's life. The advantages of pursuing a master's degree from a reputable foreign country and university are numerous. However, admission to an international university is difficult and necessitates dependable and timely guidance. 

If you want to get started with your study abroad journey, contact our team of experts at abroad@collegedekho.com and let them assist you acquire an offer letter from your dream university! 

Choose the University and Course that Suits Your Interests!

FAQs

Which country is best suited to pursue top master’s degrees abroad for B.Com graduates?

There are many countries and study abroad destinations in the world which are ideal for studying top master’s degrees abroad for B.Com graduates. Some of these countries which are ideal for commerce graduates are the United Kingdom, the United States, Canada, Australia, New Zealand, Singapore and Germany. These educational hubs are home to some of the country's greatest commercial universities, with various career opportunities for graduates. Following the completion of the B.Com course, Indian students can pursue a choice of master's programmes in these attractive locations for high-paying professions and academic distinction.

Can students study top master’s degrees abroad after studying B.Com with scholarships?

Yes, international students and graduates can study one of the top master’s degrees abroad for B.Com graduates using scholarships too. There are several country-level and university-level scholarships available to study their masters abroad for B.Com and other commerce field graduates. Hence, you must get in touch with the admissions committee of your university to know about these scholarships and other financial aid services available that can help you finance your studies. 

What exams are required to study master’s degrees abroad for B.Com graduates?

The eligibility criteria and admission requirements to study master’s degrees abroad for B.Com graduates vary depending upon your study abroad destination/country, the choice of your university, degree programme and other factors. Having said that, some of the most common and popular standardised tests that foreign universities ask for are GRE or GMAT. Furthermore, universities also seek good scores in English language proficiency tests like IELTS, TOEFL, PTE, or Duolingo. 

Is work experience required to study master’s degrees abroad for B.Com graduates?

Most of the time, work or professional experience is advisable for applicants to possess but not mandatory. Most foreign universities do seek and prefer applicants with prior work experience in a related field of study for giving admission to their master’s degree programme. Some of the top master’s courses that require prior work experience from B.Com and other graduates are MBA, MSBA, Masters in Finance, Masters in Commerce and more. 

What is the common set of documents that are required to study top master’s degrees abroad for B.Com graduates?

Foreign universities do demand a set of documents and transcripts from international students along with their study abroad application at the time of admission process for master’s degrees abroad for B.Com graduates. Although, the documents can vary from one university to another depending on the country, location, type of university, type of programme and more. Some of the most common documents that foreign universities ask for include a statement of purpose, letters of recommendation, updated CV/Resume, past academic transcripts and certificates, work experience certificates, application essays, standardised test scores, English language proficiency test scores, etc. 

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