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Career options in commerce after 12th

About Commerce Stream

Commerce stream involves the study of business and accountancy accompanied by the choice of subjects which might include Economics, Mathematics etc. Commerce is considered as evergreen stream for study in India and with the rapid growth of Indian economy, increasing number of foreign collaborations; it is promising better opportunities. This economic growth is boosting the career opportunities for commerce students.

Career opportunities in Commerce Stream:

The developing phase of India and its large population is the potential target of the top business organizations across the world.






Career options in commerce - Chakreview.com

Career options in commerce – Chakreview.com

There are more and more banking solutions, Multinational Corporations, IT parks, etc growing up today. These developments are making more and more recruitment spaces. There are more and more career options available such as  CA(chartered accountant), Auditors etc. that are high paying jobs with good reputation. The career opportunities in commerce stream lies in larger fields like teaching, financing, finance advising, tax advising, insurance and stock marketing. With the booming economic status of the country, the career opportunities in commerce are extremely flourishing.

Career options for commerce students:

One of the most sought after career options for commerce students is CA(Chartered Accountancy). In addition to this, there are many more interesting career options available for the commerce students. Below are some of the most promising commerce courses in India available:

Chartered Accountant (CA)

Chartered Accountant is one of the most aspired career option as well as one of the highest paying jobs. This course is a dynamic and challenging one; it not only involves theoretical studies but enough practical training also. This course is a two year long course not counting the training period. It is levelled at three different layers of course namely,Competency Professional Test (CPT) followed by Professional Competency Examination (PCE) and eventually final exam.It is most suited to people who have instinctive talent to deal with figures. The salary of the CA would range between 50K to 500K rupees per month depending on the commitment one can give.

Here are the details about career as a Chartered Accountant.

How to study Chartered Accountancy: Before enrolling as CA student, one needs to pass the CPT and PCE with minimum of 40% in PCE. To take the final exam in CA course, one can join any of the following chartered accountancy institutes:

  • The Institute of Chartered Accounts in India, (ICAI)
  • Veer Narmad South Gurjarat Unversity, Surat
  • Ramnarain Ruia College, Mumbai
  • Loyola College, Tamil Nadu

 

Bachelor of Business Administration (BBA):

BBA is the first step of any commerce graduate aspiring to make a career in Business and Management, and it is a three years long course. One can go for MBA(Master of Business Administration) after doing BBA for better options. This field of study have different options like BBA Foreign Trade, BBA Management, BBA Finance, BBA Marketing, BBA Legal studies and many more. The salary for BBA graduate depends upon the corporate and the field they join but taking the average, the starting salary of such professionals is around Rs. 20K.

Where to study: Below are some of the well known colleges providing BBA courses in India:

  • The Amity University, Noida
  • St. Joseph’s College of Commerce, Bangalore
  • Chandigarh Business School
  • Lovely Professional University, Punjab
  • Delhi Business School

 

Bachelor in Business Management (BBM):

The three year BBM course is related to management of business ventures. This course study requires students with good leadership qualities, active, good communication skills and good problem solving abilities. This field of study deals with various industries like that of Banking, Hotels and Restaurants etc. The remuneration for this field of studies ranges from 20K to 100Ks per month depending on the skills of the individual.

Where to study: BBA and BBM are similar courses of study and most of the colleges providing BBA courses also provide BBM courses as above.

The B.Com(Bachelor of Commerce) courses:

B.Com(honors in accounting and finance):

B.Com honors is a three year long degree course which mainly deals with the study of accounting, economics, banking, financial planning, etc. This degrees also provides entry to work in banks, audits and other private sectors as well as government financial sectors.

B.Com in banking and insurance:

This field of study deals with banking, accounting, insurance related subjects. With this degree, one can continue further specialised studies or enter the professional world with jobs in banks or insurance companies.

B.Com in Marketing:

This course of study deals with identifying the customers and managing a market. They mostly study about the strategies to boost the sales of the products, develop business with effective sales and communications techniques.

Remuneration:

B.Com degree is the initial step for people from commerce background they can go for master degrees to get best salaries. The salary for people with B.Com degree are very good in India, it depends upon the college you are passing out.

 

Where to study:

B.Com degree is provided by many colleges across the country but still there is strong competition among the students to get admission into the best commerce colleges and the cut-off marks in these colleges always remain high. Below are some of the best colleges for commerce in India:

  • Shri Ram College of Commerce, Delhi
  • Ramjas College, Delhi
  • St. Joseph’s College of Commerce, Bangalore
  • Loyola College, Tamil Nadu
  • Madras Christian College
  • Symbiosis International University, Pune

 







  • maahie

    hw abt cs ?????

    • deepika

      cs is very good option as a career

  • Abhay

    I think Delhi University has best commerce colleges in India…

  • Anushka javeri

    Thanks for Worthy information.
    Is B.com MBA is good combinations and, which stream should I go for in MBA in that case?

    • RAJ

      i didn’t understud ur question!!

  • pankaj

    Can iCom student do the ITI prepration…My brother is doing iCom but now he want to do ITI. So just wants to know is it possible ?

  • SRISOWMYA57

    VERY INFORMATIVE . I THINK ITS VERY USEFULL IN MAKING DECISSIONS REGARDING CAREER