Top 10 courses in demand in abroad for commerce students (2022)

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Vishesh Chogtu
Modified on 2022-05-27 
Read time: 14 mins

Students are usually concerned about their Study abroad options after finishing a certain programme in class 12th. Commerce is a popular major among Indian students since it allows them to pursue employment in Accounting, Finance, Business, Management, and Economics. There are some prominent colleges abroad that offer high-quality education in various fields at reasonable costs. Students interested in studying abroad after completing their 12th grade now have many courses to select from, owing to a rise in the availability of various subsidies.

Courses after B.com in abroad

Indian students who have decided to study overseas after completing their BCom have increased significantly. When students pursue courses following BCom in another country, they immediately increase the number of course options available to them.

Furthermore, international universities provide world-class instruction, contemporary facilities, and a broad range of research opportunities. International prominent institutions provide quality master’s degrees and specialized programmes. Master’s degree in commerce or finance from an internationally renowned institute is highly valued around the world.

Master of Business Administration (MBA)

After completing their BCom degree, many Indian students pursue an MBA degree abroad. MBA degrees from prestigious overseas universities provide a significant degree for the finest work chances.

Commerce graduates can pursue postgraduate specializations in Finance, Human Resources, Accounting, Investment Banking, Marketing, and International Business. Business schools in the United States, United Kingdom, Canada, Australia, and Germany maintain top global rankings.

To apply for courses following BCom in other countries, Indian students must take several competitive tests such as GMAT, GRE, IELTS, and TOEFL, among others. The average pay following an MBA from a foreign university is INR 40-65 lakh per year. Morgan & Stanley, HSBC, Boston Consulting Group, Deloitte, EY, Goldman Sachs, and Google are the top job-offering firms.

Master in Finance (MFin/MiF)

A master’s degree in finance is another popular option for Indian commerce graduates. A three-year full-time Bachelor of Commerce is required to pursue a master’s degree in finance. Leading overseas colleges also need two years of finance-related work experience as an admission criterion.

Following completion of a master’s degree, employment options include investment banking, financial analyst, financial consultancy, financial advisor, stockbroker, and corporate banker. After completing a master’s degree in finance overseas, the average yearly pay ranges from INR 37,13,875 to INR 71,30,640.

Master in Business Analytics (MBAn / MSBA)

A master’s degree in business analytics is a growing employment option for BCom students. With increasing digitalization, foreign countries have a great demand for competent people in business analytics.

Every year, these graduates are hired by Fortune 100 firms and global brands. Data analyst, quantitative analyst, and risk analyst are among the professions available.

Master in Economics

After completing the BCom programme, Indian students have a variety of professional alternatives, including a master’s degree in economics. After graduation, overseas colleges in the United States and the United Kingdom offer specialist programmes in economics.

Yale University, London School of Economics, the University of British Columbia, Carnegie Mellon University and Princeton University are among the best commerce universities in the world. Indian students with a master’s degree in economics can work as budget analysts, financial analysts, operations and list analysts, and market analysts. In overseas countries, the average pay ranges from INR 47,38,161 to INR 80,47,967.

Master of Commerce (MCom)

Master of Commerce is a two-year programme available at foreign universities after completing a three-year full-time BCom degree. Accounting, economics, statistics, sciences, and finance are all covered in the course. After completing an MCom, you will have a plethora of job options.

Students can find work in the financial, accounting, research, banking, and insurance industries. After graduation, the average pay for MCom graduates ranges from INR 32,52,611 to INR 65,62,417 per year.

How to Study Abroad after BCom?

Those in their final year of BCom can begin the lengthy application procedure to study abroad. Indian students with a minimum of 15 years of schooling and no gap year can apply for Study abroad programmes. The complete application procedure for studying abroad may take up to a year.

The required steps are detailed below :

  • Step 1: Select the appropriate course: In India, commerce is a popular major. A master’s degree in commerce from an international university can be beneficial. The first step toward studying abroad is deciding on a career. Accounting, business management, finance, management, economics, marketing, and international relations are just a few of the specializations and courses on offer. The scope of these subjects is vast.
  • Step 2: Select the best Study abroad locations: The United Kingdom, the United States, Canada, Australia, and Germany are the leading study destinations for commerce graduates. These countries have some of the best universities in the globe, with prestigious faculties, broad research scope, and world-class academic quality. Select the best study abroad location based on the university and the cost of living.
  • Step 3: Select the Greatest Institution: It is critical to select the best university from among all accessible possibilities. Before making a decision, conduct research on the education curriculum scope, cost of Study, rank, and opportunities.
  • Step 4: Take the admission exam: Different Study abroad programmes demand different entrance exams. After completing their BCom in India, students must take standardized admission exams and English proficiency tests. Universities require a GMAT or GRE score if you are applying for postgraduate degrees after BCom. For Indian students, English proficiency tests (IELTS and TOEFL) are required to demonstrate their language competency in all disciplines. After taking the test and obtaining your results, gather all of the documentation needed for your university application.
  • Step 5: Documentation: To process the application, foreign universities demand a set of documents. Students should include a statement of purpose, a letter of recommendation, academic records, job experience, a passport-sized photograph, financial documentation, and an updated CV.
  • Step 6: Submit an online application: Visit the university’s official website to apply online. Fill out the online application form and upload all supporting documentation.
  • Step 7: Submit an application for scholarships and loans: You can apply for financial aid or scholarships while you wait for your university results. This is an excellent time to apply for an education loan and scholarships.
  • Step 8: Submit an application for a student visa: After receiving your admission letter from the university, you must apply for a student visa. It is critical to familiarise yourself with the immigration rules and policies of the country where you intend to study. For Indian students, each country has its unique immigration policies and visa requirements.
  • Step 9: Plan accommodation: After successfully obtaining a student visa, it is critical to arrange for your lodging overseas.
  • Step 10: Purchase your plane tickets and begin packing: Refer to the packing list for items that are authorized and prohibited based on the destination’s immigration regulation.

Where can you Study Abroad after Completion of BCom?

If you want to study abroad after 12th commerce, here are a few nations that offer great education in several sectors to assist you achieve an exceptional career in commerce.

Australia

Australia is now the 3rd most popular Study abroad location. Aside from that, the cultural diversity and high level of living attract the most students. Universities in Australia are well-known around the world. One of the most intriguing advantages is that students can work part-time to assist them manage their living expenses. Students who want to study abroad after completing their 12th grade might consider studying in Australia.

Here is a list of prominent universities in Australia that offer a variety of commerce subjects:

  • Victoria University
  • Edith Cowan University
  • The University of Sydney
  • UNSW University
  • RMIT University

Canada

Canada is one of the world’s safest countries. Because to the low crime rate, Indian students pursuing higher education in Canada can study and live freely. Students pursuing an education at Canadian universities can experience Canada’s lifestyle and diversity. Universities are known for putting an emphasis on research; students can participate in projects and experiments that will provide them with the necessary exposure. Students considering studying abroad after their 12th grade might look to Canada for a promising future.

Here is a list of several reputable institutions in Canada that offer a variety of commerce subjects:

  • University of Toronto
  • McGill University
  • University of Alberta
  • The University of British Columbia
  • Western University
  • Queens University
  • University of Waterloo

Germany

The most intriguing aspect of studying in Germany is that public colleges do not charge tuition. International students looking for suitable possibilities to study abroad after their 12th grade can explore Germany for high-quality education at a reasonable price. Students who graduate from German institutions have several options.

Here is a list of some reputable colleges/universities that offer a variety of subjects in the field of commerce:

United Kingdom (UK)

UK is one of the most popular places for overseas students seeking higher education. Following the United States, the United Kingdom has the most top-ranked universities. The United Kingdom is a diversified society with a rich culture and tradition that draws students from all over the world. For candidates interested in studying in the UK

Below is a list of colleges/universities in the UK that offer a variety of subjects in the commerce field:

  • University of Oxford
  • Imperial College London
  • Lancaster University Management School
  • Cranfield School of Management
  • University of Warwick – Warwick Business School
  • London Business School
  • The University of Manchester 
  • University of Edinburgh Business School

Singapore

When it comes to economical Study abroad places, Singapore cannot be overlooked. The country’s educational institutions not only give individuals with exceptional exposure, but also fantastic work chances later on. The country boasts four national languages, one of which being English, making it a popular alternative for candidates who do not wish to acquire another language in order to study abroad.

Following is a list of popular universities that can assist you study in Singapore after graduating from high school:

  • INSEAD Singapore
  • James Cook University Singapore
  • Singapore University of Technology and Design
  • Singapore University of Social Sciences
  • Management Development Institute of Singapore
  • National University of Singapore
  • Singapore Management University

New Zealand

New Zealand is another popular option for outbound students looking for opportunities to study overseas after 12th commerce for higher education. After graduation, the government offers a one-year VISA extension to secure a job. The country’s flexible policies make studying in New Zealand an attractive alternative for people looking for excellent ROIs.

Here are some of New Zealand’s finest universities that can help you advance your career:

  • University Of Auckland
  • Victoria University Of Wellington
  • University Of Canterbury
  • University Of Otago
  • Massey University
  • University Of Waikato
  • Lincoln University
  • United States of America (USA)

The fact that the United States has the most top-ranked universities, its vast ethnicity, and the unlimited professional options accessible make it a popular choice among students looking to pursue an education overseas. A degree from a reputable college in the United States can catapult your career to new heights.

Here is a list of top institutions in the United States that provide high-quality education in a variety of business fields:

  • Harvard University
  • Stanford University
  • University of California
  • Yale University
  • University of Pennsylvania
  • The University of Chicago
  • New York University

Exams to Study Abroad After 12th Commerce

The eligibility conditions for studying abroad after completing class 12th commerce vary depending on the country and university chosen. The following are the important tests for studying abroad after 12th Commerce:

Language proficiency examinations such as IELTS, TOEFL, PTE, and others. SAT or ACT scores for universities in the United States and Canada.

In addition to this, candidates will require a SOP and LORs to complete their application.

Scholarships are available to individuals who demonstrate academic talent and determination. Finding worthy applicants all across the world is a difficult undertaking. Certain entrance tests are accepted by organizations to evaluate candidates. The chosen group will receive financial assistance for higher studies at prestigious colleges. These entrance exams will assess candidates’ ability and determination.

Courses to Study Abroad after 12th Commerce

Finding the correct subject to study abroad after high school for your bachelor’s degree is critical.

The following are the top specializations to study abroad after the 12th grade:

  • Finance and Accounting
  • English Literature
  • Linguistics, Arts and Design
  • Marketing
  • Mathematics
  • Economics
  • Business Administration and Management Sciences
  • Computer Applications

Scholarships for Indian Students to Study Abroad after 12th

There are several scholarships available for Indian students to study abroad after the 12th grade all around the world.

Here is a list of the best post-secondary scholarships for studying abroad:

  • Tata Scholarships
  • Inlaks Scholarships
  • University of Westminster International Scholarships
  • Chinese Government Scholarships
  • Lester B.Pearson International Scholarships
  • Wilfrid Laurier University Merit Scholarships
  • Monash International Merit Scholarships

Tata Scholarships

Over 20 learners will be supported by the Tata scholarship money after passing the class XII board exams. The Tata scholarship enables selected students to study at Cornell University in Ithaca, New York. The Tata company has contributed $25 million USD to support Indian undergraduate students’ Study at Cornell University.

To be eligible for this award, the candidate must be an Indian citizen and be in need of financial assistance. This scholarship covers the entire cost of tuition and living expenses. In addition, students are entitled to medical and travel expenses.

Inlaks Scholarships

The Inlaks scholarship helps young stars from diverse fields study abroad. The selected applicants will be able to further their education at overseas universities. Inlaks scholarships are given to Indian students who aspire to study full-time at prestigious American, European, or British universities. The Royal College of Art (RCA) in London, Imperial College London, the School of Oriental and African Studies (SOAS) in London, and Cambridge University have all worked with the organization.

Indian citizens are eligible for the Inlaks Scholarship. To be eligible for this grant, applicants must have a strong academic record. Furthermore, candidates applying for art and design positions will be evaluated mostly based on their portfolios. The scholarship covers the entire tuition fee, living expenses, health insurance and one-way travel expenses.

University of Westminster International Scholarships

After class XII, the University of Westminster offers scholarships to students who want to study overseas. Full international scholarships at Westminster University are available to international students from impoverished nations. Throughout their Study, students will have access to great career guidance, as well as a variety of opportunities, tools, and resources. This scholarship pays for the entire tuition, living expenses, and airfare to London.

The scholarship also includes a number of activities and schemes that help candidates improve their abilities, increase their contact with modern technology professionals, and prepare them for an ever-changing life experience. The candidate seeking for this scholarship must be an international student from any developing country with a full-time undergraduate course offer from the university. In addition, he or she must have a track record of academic success and financial necessity.

Chinese Government Scholarships

Under the India-China cultural/education exchange programme for Indian students, Indian students can apply for full-time programmes in Chinese universities. They must, however, have finished class XII and passed the entrance tests.

Students enrolling in a 4-7 year UG study are eligible for the award. Applicants must have at least 60% in their 12th grade and must complete a year of Chinese language training. These scholarships cover the whole cost of tuition, living expenses, and flights.

Lester B.Pearson International Scholarships

Lester B. Pearson international scholarships at the University of Toronto intend to provide international students with the opportunity to study abroad. It is the university’s most renowned and competitive scholarship for international education. Every year, the Lester B. Pearson international scholarship is awarded to roughly 37 students at the University of Toronto.

This grant is open to all overseas students. Students with outstanding academic records, on the other hand, are given preference. It helps by covering full course tuition, book fees, and incidental fees, as well as offering four years of complete residence support.

Wilfrid Laurier University Merit Scholarships

Wilfrid Laurier University provides Wilfrid Laurier University merit scholarship. It is available to all students worldwide. To be eligible for the scholarship, Indian candidates must have completed their class XII exams. The chosen students will continue their education at Wilfrid Laurier University.

To be eligible for this award, students must perform well in English language proficiency exams and have a minimum of 80% in the Class XII board exam. This grant covers the entire tuition charge for students. A applicant will also receive between USD 1,000 and USD 2,000 based on academic accomplishment.

The scholarship is given to international students who are admitted to Monash University or other Monash international merit scholarship participating universities. The chosen scholars will be paid AUD 10,000 every year for the length of the programme.

Monash International Merit Scholarships

These scholarships are available to international students planning to enrol at Monash University or one of the participating institutes. In addition, the applicant must have received 85 percent on their academic records.

FAQs

✅ Which abroad country is best for commerce students?

Ans: The top study abroad locations for commerce graduates are the United Kingdom, the United States, Canada, Australia, and Germany. These educational centres are home to some of the best commerce universities in the country, with numerous career options for graduates. Following the BCom course, Indian students can pursue a variety of master’s programmes in these promising places for high-paying jobs and academic distinction.

✅ Which course has high demand in abroad?

Ans: For international students, the most popular subject is business administration. You’ll learn the principles of business, management, accounting, finance, human resources, project management, and so on, all while honing your leadership, organisation, communication, and human relations abilities.

✅ Which course is best for abroad study?

Ans: Some of the best courses for abroad studies are as follows: – 
Information Technology
Medicine
Engineering
Computer Science
Business Administration
Law
Social Sciences
Hospitality and Tourism

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Vishesh Chogtu

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