Here are some interesting options that you can opt during BBA graduation course or after graduation to up your game in the market! The options are unconventional and not your regular Masters(MBA or MS) in specialized fields that you have been doing. These upgrades will either require to switch your domain or advance in some cases. Put it will definitely put you in a better position in the job market.
Are you still a student?
Let's cover the options which you can pursue to add a star to your plain graduation and make you industry-relevant other than internships.
1. ACCA (Association of Chartered Certified Accountants)
If you are doing BBA in Finance or any other course but interested in Finance, ACCA is your go-to course. You might think why not CA? ACCA is a comparatively easy and has a high pass percentage. The certification is recognised across 181 countries as of now. It's a synonymous version of CA which highly accepted in Europe as the certification is offered by UK's ACCA Institute. There's a myth in job market regarding the opportunities for an ACCA certified professional, but in most of the consulting firms and MNCs including Big4 in India provides equal opportunities for CA and ACCA. CA acquired from ICAI has more relevance with Indian taxes and auditing and therefore may be preferred in some places over other certifications.
Course Duration: 3 years
Approx. Total Costs: ₹ 4-5 lakhs
Best took up when: After 10th/12th or during graduation (No prior background required but helps in preparation)
Expected Starting Salary post-certification: ₹ 7-10 lakhs (Depends on how good you are!)
The industry of Work: FMCG, Investment banks, Retail Banks, Accounting Services( Majorly )
More info: https://www.accaglobal.com/gb/en.html
2. Company Secretary
Along with your BBA, you can start the foundation programme of the Company Secretary offered by the Institute of Company Secretaries of India (ICSI). The job profile mostly deals with Company laws, Compliance regulations and Secretarial Audit. The certificate course has three stages: Foundation, Executive and Professional. The foundation course can be pursued after 12th then once you clear the subjects for foundation, you can clear Executive and Professional back to back after BBA completion. Your expertise will also cover - English and Business Communication, Financial Accounting, Economics and Statistics, Elements of Business Laws and Management.
Course Duration: 3 years or less (Depending on how you clear your subjects in each programme)
Approx. Total Costs: ₹ 1-1.5 Lakhs
Best took up when: After 10th/12th or during graduation(Foundation Programme) and after graduation(Executive and Professional)
Expected Starting Salary post-certification: ₹ 3-10 lakhs (Depends on how good you are!)
The industry of Work: All industries, from financial firms and banks to heavy industry as well as government organisations
More info: https://www.icsi.edu/home/
Are you a Fresh Graduate?
If you are a BBA fresher with no work experience, this is for you -
3. PGDM in Digital Marketing
It's no surprise that Digital Marketing is just booming right now and has awesome market projections in future. What can be more powerful when you combine your Marketing BBA degree with Digital Marketing skills. The expansion of the marketing horizon to digital media is much needed in this digital ERA.
Course Duration: 1 year
Approx. Total Costs: ₹ 30K-1 Lakh
Best took up when: After graduation
Expected Starting Salary post-diploma: ₹ 3-8lakhs (Depends on how good you are!)
The industry of Work: Colleges and Universities, MNCs, E-Customer Relationship Management, E-Marketing, Online Market Research, Govt. Organizations etc.
4. IT Certifications - Big Data Analytics, Blockchain and Business Analytics
The IT certifications in booming sectors like Big data, BA and Blockchain helps you create a niche for yourself. Yes, I agree that you have options for pursuing MSBA and MSDA, but these certifications land you in a new game altogether. These certs require a bit of struggle to learn coding, which may be new for many but it's not a requirement to achieve one. Business administration principles with relevant IT skills add a star to your profile at a minimal cost.
Course Duration: 1 year
Approx. Total Costs: ₹ 30K-1 Lakh
Best took up when: After graduation
Expected Starting Salary post-certification: ₹ 3-8lakhs (Depends on how good you are!)
The industry of Work: Colleges and Universities, MNCs, E-Customer Relationship Management, E-Marketing, Online Market Research, Govt. Organizations etc.
Are you Working Professional?
5. CFA(Chartered Financial Analyst)
CFA is a choice for many who are looking for some challenging work profile with lots of love for maths and statistics. My personal choice for any individual with ethics and knowledge of Business Administration and to apply it to the world of finance as CFA is an awesome option. No wonders for CFA's reputation, which is equivalent to or greater than an MBA Finance degree.
Course Duration: 3 years
Approx. Total Costs: ₹ 2-3 Lakhs
Best took up when: After graduation + 1-2 years of work experience (Can be pursued along with your current job)
Expected Starting Salary post-certification: ₹ 9-25 lakhs (Depends on how good you are!)
The industry of Work: Investment banks, Retail Banks, Accounting Services
More info: https://www.cfainstitute.org/
Foundation of Research
The results or picks that you see in the list is based on:
ROI on the expense of an upgrade
How unconventional or unpopular the upgrades are!
Competition in the niche that upgrade makes.
How better it is than an MBA if not pursued from top 20 B-schools
The certainty of getting a job or becoming relevant in the industry after the upgrade.
How effective are my picks?
It's based on what is available online and a few of in my network who are pursuing/pursued this. It's totally my opinion and in my honest opinion, knowledge matters more than your degree. So doing the upgrades as per this list only ensures that where you stand in the competition, it's already reduced due to a niche creation. Some of the picks might seem controversial but are well researched and as long as you are doing to gain knowledge, you will excel. Why it's better than doing an MBA? Fewer fees, less competition and fewer demands. Being an MBA holder, you see yourself earning a few more zeroes than others and that is justified. But there are 1000s more fighting for the same profile with the same qualifications as you.
Conclusion
You have a world of options that you should prefer over these but I guess those are already known to you: UPSC and Entrepreneurship. I didn't mention them in the list expecting, people with such goals are pre-determined. But that should not rule out these as an option. Before ending, I would like to say. Do whatever you like but do better than others! Till then, Ciao.
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