Standing on the verge of choosing what option to choose from Science, Commerce, and Arts? Many students nowadays want to opt for commerce, but societal norms suggest the opposite. That is because not many people are aware of the wide potential of a career in commerce.
As the age-old definition goes, “Commerce is a branch of any business which covers the economical part of the legal, social, political, technological and cultural system“. But there is much more to commerce than this definition can sustain.
Unlike in yesteryear’s, a career in commerce is not limited to a few options anymore. Commerce is the new favorite option. And why should it not be? It is a vast stream and has infinite options to choose from as your career. Commerce is the backbone of industry and trade. Therefore, it is one of the most essential things that help the country progress. If you want to build your career in commerce, you need to focus on your communication skills & leadership skills too.
Options for Career In Commerce:
We are past the time when students only had a few cliched options that they could choose from for their graduation degree. It is not just about B.Com or Accountancy now. The list of options for a career in commerce after 12th is vast and hence, varied.
A few of the options for Bachelors degree that are now the preference of students are as follows:
- Accountancy and Finance
- Financial Markets
- Banking and Insurance
Apart from these options, there are various other courses that students might be more inclined towards. Let us have a look-
Economics
A bachelor’s degree in economics offers you a detailed study of the use of goods and services. The study of production and resources is also a part of Economics. There are various career options that you can choose from, after attaining a Bachelors degree or a Masters degree in Economics:
- Statistician
- Strategist
- Economic Journalism
- Research
- Risk Management Analyst
- Budget Analyst, etc.
Top Under Graduation Colleges for Economics:
- Sri Ram College of Commerce (SRCC), Delhi
- St Stephen’s College, Delhi
- Hindu College, Delhi
- Miranda House, Delhi
- H.R. College of Commerce and Economics, Mumbai
- Lady Shri Ram College, Delhi
- St, Xavier’s College, Mumbai
- Loyola College, Chennai
- Fergusson College, Pune
Management
Managing is all about coordinating the functioning of the company. The processes of each company need to be planned and organized in advance so that the functioning can be effective and profit yielding. Moreover, the benefit of choosing management is that it gives you numerous opportunities to select a path from.
To start your studies in the domain of management, you may complete your graduation in any field. But it is better if you choose one from BBA/BMS. Your graduation should be followed by an MBA.
Here’s a list of the career options that you can choose from after a Management degree:
- Human Resources
- Sales and Strategy
- Financial Analyst
- Marketing
- Actuarial Analyst
- Business Analyst
- Operations Management
- Business Development Executive
- Communications Management, etc
These career options are relevant commerce job.
Top Under Graduation Colleges for Management:
- Shaheed Sukhdev College of Business Studies, Delhi
- IIM, Indore
- HR College of Commerce and Economics, Mumbai
- Symbiosis Centre for Management Studies, Pune
- Christ University, Bangalore
- NMIMS University, Bangalore
Commerce
The term ‘Commerce’ umbrellas a lot of options under itself that a student might want to discover after studying the subjects of commerce in 12th grade. In general, a degree in B.Com, M.Com, CA, CS, CMA, etc. are the most common options that students can decide from, therefore they are the most opted ones.
There are plenty of commerce jobs in India & abroad, provided you have interest and vigor to perform. With the rise in economic activity, the role of professionals experts in commerce like expertise in accounts, economics, business studies, etc becomes inevitable.
Top Under Graduation Colleges for Management:
- Sri Ram College of Commerce, Delhi
- Hansraj College, Delhi
- Loyola College, Chennai
- Christ University, Bangalore
- St. Joseph’s Commerce College, Bangalore
- Narsee Monjee College of Commerce and Economics, Mumbai
- St. Xavier’s College, Mumbai
Here is a description of some commerce job opportunities.
Chartered Accountancy
Chartered Accountancy is a professionally conducted certification course. It is internationally recognized and is authorized by the Institute of Chartered Accountants of India. The responsibility of a Chartered Accountant is to supervise and study the realms of audit, taxation, etc. The main aim is to increase the profitability of a firm by keeping track of the growth process. Certainly, that is of utmost importance.
After clearing all exams for your certification, there are various options available for jobs in both the public as well the private sector. In fact, you can also start with private practices. But for that, you need to have a few years’ experience.
Company Secretary
Administered by the Institute of Company Secretaries of India, Company Secretary is a course that provides you the learning of looking over the administration of a company. A Company Secretary handles legal and statutory issues. Furthermore, Company Secretaries advise firms on how to conduct their business and make sure that the orders of the board of directors are processed for sure.
To take a decision about a career in commerce after 12th, there are a lot of opportunities that students nowadays can choose from. From banking, financing, to consulting and accounting, the list is very long. The only thing there is to do is to make the right decision. Therefore, leverage the opportunities without wasting any time. But, never make a decision under pressure.
Gone are the days when it was said that students who score less in the 10th standard are the ones that opt for commerce. Instead, even the best of students opt for commerce, as per their interest. So, make your decision after thinking thoroughly. After all, there are a plethora of commerce job opportunities waiting for you.
