10 Career Options for Commerce Students and How to Pursue Them: Commerce field is related to trade, business, and exchange of goods and services. There are several courses in commerce to opt from however B.com related courses in the commerce field are very popular among students who just finished their 12th standards. Choosing a career is a very crucial step; one must go through several kinds of research before concluding the right career path according to their interest.
1. Bachelor in Economics
Bachelor in economics is an undergraduate course of 3 years duration, students can pursue it after completing 12th. (B. A) in economics is specializing in basic concepts of economics. After undergraduate courses, one can also pursue an M.A degree under a postgraduate course for further studies. The career options after finishing your Bachelor in Economics are Economic Consultant, Auditor, Actuarial Analyst to name a few. This degree will develop key skills, such as problem-solving, and built amazing communication skills, additionally the ability to make research-driven decisions. It is a good option in our 10 Career Options for Commerce Students.
2. Chartered Accountant
CA is a high demanding profession in commerce background. It requires 5 years to complete the course and getting a CA degree. To enroll in the study of Chartered Accountant, 3 levels of training must be qualified. The first level in the CA program is the Common Proficiency Test, it is a requirement to qualify CPT by giving the test securing 100 out of 200 to qualify for the other level. After qualifying CPT, Integrated Professional Competence Course (IPCC) has to be qualified; similarly 3rd level of this program includes the qualification of the final course (FC).
3. Bachelor of Commerce
Bachelor of Commerce (B.com honors) is considered a very popular undergraduate course, with 3 years of duration, which students can go for after 10+2 with 50% marks. It is related to Accounting, Economics, Maths, Business, and Management. B.com honors provide specialization in provided subjects. Good for those who wish to pursue accountancy as a career. After pursuing B.com honors, one can opt for M.com and Doctorate degree in commerce which is considered beneficial for further studies in the same field. It is also helpful in getting jobs in the field of marketing, management, trade, and financing.
4. Bachelor of Accounting and Finance (BAF)
Bachelor of Accounting and Finance (BAF) deals in detailed aspects of accounting and financing. It can be done after 10+2 with 50-55% marks in school examinations. Admission is based on merit and entrance examination also can be followed by an interview. The duration of this course is six semesters. The students will be capable of providing benefits to the organization they work for the field of finance and accounting. Communication, projects, industrial and organization inspection will be some of the main work of a (BAF) holder. Other skills that the students receive training in will be IT, financial accounting, Auditing, Cost accounting, Taxation, Business communications namely.
5. B. Com in statistics
B.Com in Statistics is related to analysis, research, evaluating, presenting, and organizing large scale data in a comprehensive manner. There are many diplomae and certificate courses. Students can enroll in. Bachelor in statistics and masters in statistics can be done at the postgraduate level. Doctoral courses are also there P.hD in Statistics for further studies. Students after completion of 12 standards can apply for a certificate, diploma, and undergraduate courses with Maths and Statistics as mandatory subjects. It is considered ideal for those who have an interest in logical thinking, problem-solving, researching, and compiling data.
6. B.Com in Sales and Marketing
7. B.Com Tourism & Travel Management
B.Com Tourism & Travel Management teaches students different matters associated with tourism. The subjects would involve the financial aspect of travel and tourism. The main commerce subjects and business functions will be the subjects of this course. Travel and tourism of a country significantly impact its economy hence the students who will pursue this degree will get the opportunity directly to work for the benefit of our country. Environmental laws and regulations, customer-care and related serves, international travel laws, and tourism management are some of the other aspects of this domain. The path to pursuing this degree is by clearing B.Com Entrance Exams such as GATA.
8. Company Secretary (C.S)
Students can enroll themselves in the professional curse provided by The Institute of Company Secretaries of India. The role of a Company Secretary is to manage the administration of a company and make sure the company is following all the legal guidelines and compliant with the legal rules and regulations. The graduates can work for the public as well as the private sector in projects, financial management, joint ventures, etc. This course has three levels – Foundation Program, Executive Program, and Professional Program. After the completion of these levels, students need to undergo 15-month training. After which students can start working as an Associate Member of The Institute of Company Secretaries of India. It is one of our 10 Career Options for Commerce Students due to its scope in the future.
9. Bank PO
To become a Bank Probationary Officer (PO), students need to pass a Bank PO exam which is conducted by the public as well as private banks. Students can appear for exams like SBI-PO Exam, IBPS-PO Exam, ICICI. Students work as a trainee in the bank and start to work in various operations of the bank under a probationary period of 2 years. The various activities are, managing incoming cash, customer care, clerical work, loan approvals, etc. Several positions can be occupied by students under this domain such as cashier, insurance officer, accounts clerk, to name a few.
In Stockbroking, the individual buys and sells stocks to make a profit in investments, giving consultation to others, Handling other related matters to stock, and trends of stock markets are the role of a stockbroker. Stockbrokers work for clients such as individuals buyers or those belonging to small and large organizations. The scope of growth in this field is growing in India. Stockbrokers work for Banks, insurance companies, pension funds, etc. Students can pursue certificate courses to become a stockbroker. However, for better understanding students can also go for degrees like B.Com, BBA, or CA.