best Career options for commerce students
BEST Career options for Commerce students
The common refrain by students is- I am not good at Math and Science. Is there a career for me? The answer to this question is a big Yes! There are several options for students of commerce who study Accounts, Statistics, Economics and Business Studies.
Thanks to globalization, the scope for students who pursue commerce is multifold. In the last two decades, India has grown by leaps and bounds. India is now considered among the top nations and is the world’s second largest consumer market.
The whole world is looking to India and every business needs people from the commerce background and there are wide range of career opportunities for commerce courses after 12th so whatever fears you have are unnecessary. 65 % of the population in India is under the age of 35. And you are a part of this vibrant India. Sample this: In 2018, there were 50,000 startups in the country. In 2019, 1,300 startups were added and a sizable number of them were started by people from the commerce stream.
Have you chosen Commerce stream? If so, you might have an idea on what you wish to do in life which includes becoming an accountant, a management professional, a CA. There are several career opportunities for commerce students .
Most of the commerce stream jobs require on-the-job experience and some skills sets to help you grow. Courses after 12th commerce have a lot of scope and advantage.
Here are the list for subjects of commerce:
- Accountancy
- Economics
- Mathematics
- Business
- Finance
- Business economics
- Cost accounting
- Management Accounting
- Income tax
- Auditing
- Business finance
- Marketing
- Business law
- Corporate law
As a commerce student in 12th grade, you must grasp the core principles of finance, accounting, mathematics, and business studies. A solid understanding of these principles would aid you in your pursuit of further education in the field of commerce.
After completing your 12th grade in commerce, you will have a plethora of choices to choose from. The most common courses chosen by students are BBA and B.Com. Aside from BBA and B.Com, there are a variety of other courses that can lead to a successful career.
Commerce Career options
Here are the list of courses for commerce students
- Bachelor of Commerce (B.Com)
- Bachelor of Management Studies (BMS)
- Bachelor of Laws (LLB)
- Cost and Management Accountant (CMA)
- Chartered Accountancy (CA)
- Bachelor of Business Administration (BBA)
- Company Secretary (CS)
- Certified Financial Planner (CFP)
- Bachelor of Economics
- Journalism and Mass Communication
- Masters in Commerce (M.Com)
- Masters in Business Administration (MBA)
- Finance Management
- Human Resource(HR) Management
- Marketing Management
- Operations Management
- Hospitality Management
- Sports Management
Professional Courses after 12th Commerce
Cost and Management Accountant (CMA)
Just like the CA course, this degree is a professional course offered by The Institute of Cost Accountants of India. Similar to CA and CS, the curriculum is a formation of different levels, for students to clear the rounds. Same as CA and CS.
Following this course, it is required of students to obtain education and expertise associated with subjects like Cost & Management Accounting, Fundamentals of Commercial and Industrial Laws, Laws and Ethics, etc.
Chartered Accountancy (CA)
Chartered Accountants are considered to be one of the best-paid professions in India. If you’re interested in taxation and accounting, Chartered Accountancy is a good career choice.
The professional course is administered by the Institute of Chartered Accountants of India for students who have completed their commerce 12th class. This Professional course comprises of various levels Students must pass one to be able to take the next step, which is more difficult.
Subjects included in this course are Accounting, Cost Accounting and Financial Management, Advanced Accounting, Taxation, Auditing and Assurance, Business Laws, Ethics and Communication, Information Technology and Strategic Management, Corporate and other Laws, etc.
Company Secretary (CS)
A Company secretary is one of the key position in the company which is a successful course in the commerce domain.
The Company Secretary is offered by Institute of Company Secretary of India(ICSI).The curriculum opens up great opportunities in the private sector with the right combination of academic programmes and practical training.
Certified Financial Planner (CFP)
The Certified Financial Planner is a certification given by Financial Planning Standards Board India (FPSB). This board administers and supervises this professional course.
Students who are interested in financial planning subjects, the courses certify and recognize expertise and knowledge in topics like financial planning and taxes, retirement, insurance, and estate planning.
certification Courses in pure commerce include:
- CA (Chartered Accountant)
- CS (Company Secretary)
- CWA (Cost and Works Accountant)
- CFA (Certified Finance Analyst)
- CFP (Certified Financial Planner)
- CIB (Certified Investment Banker)
- CSB (Certified Stock Broker)
- CIA (Certified Investment Analyst)
- Certified Actuary
- NSE Certifications
- BSE Certifications
Here are a few Degree Courses available after 12 th commerce
- Law
- Business Management
- Liberal studies
- Mass Communication
- Economics
- Social Work
- Design/ Fine Arts/ Visual Arts/Creative Arts/ Applied Arts
- Performing Arts
- Sports Management
Conclusion
With various options in Accounting, Finance, Engineering, Marketing, or Business Administration, you should first work on your interest, decide the career path and then select the course that suits you. Before selecting commerce courses, find the salary range, eligibility, skills required and institution.
