Commerce course is one of the courses relevant in today’s growing economy. It covers the economical part of the legal, political, social, technological, and cultural system. It is also an integral part of the education system that deals with legal finance, business, economics, and many more. Studying commerce provides a wide range of career opportunities as the field has diverse professions. It also gives students scope to be good entrepreneurs, government workers, private workers, or a consultant. The course is the best choice for students aspiring to work in the corporate world.
Taking the right career decision could be a complex process and sometimes it gets a bit confusing. But what is important is to opt for what makes you feel confident and happy. Plus, the right decision will help build a successful career in the future.
The field of commerce includes various aspects of business finance, accounting, human resources, auditing, insurance, banking, and others. Yet many students still have challenges choosing a course to apply for after their 12th standard. Here is a list of professional courses to choose from after the 12th commerce.
Bachelor Of Business Administration
Bachelor of business administration is one of the most popular courses in the commerce, art, and science stream. BBA is a three years undergraduate program that helps in developing your managerial skills, communication skills, and entrepreneurial skills.
The course under those curriculum includes Business Analyst, Business Analytics, Marketing Management, Digital Marketing, Business Laws, and Human Resource Management. Professional specializations and job opportunities you can pursue with BBA includes the following:
- Chartered Business Administration
- International Business
- Business Consultant
- Computer Applications
- Logistics Manager
- Accounting
- Entrepreneurship
- Hospitality
- Finance
- Human Resource Management
- Logistics Manager
- Distribution Manager
- Finance Manager
- Operations team leader
- Business Analyst
- Business Development Executive
Chartered Accountant
Chartered Accountant is popular among commerce students. It is an international accounting designation granted to accounting professionals across the world except in the United States. Chartered Accountant is a five-year course that includes professional training, theoretical classes, and exams. Throughout the course duration, students will be taught Cost Accounting, Financial Management, Information Technology, Auditing and Assurance, corporate law, and more.
However, CA is very difficult and complex hence requires a lot of hard work and determination to qualify. CA exams are conducted in India by the Institute of Chartered Accountants of India. Job Opportunities for CA includes the following:
- Tax Consultancy
- General & Financial Management
- Auditing
- Investment banking
- Cost Accountants and more.
Company Secretary (CS)
Company Secretary is another famous course among commerce students with a three-year duration. The course educates students about legal proposals and agreements of companies. Also, students pursuing this course must clear all three phrases to qualify. These include Foundation Program, Executive Program, and Professional Program. It also teaches how to regulate the compliance of a company and operates as an in-house legal advisor.
A qualified CS can either practice independently or work in the corporate world.. CS exams are conducted by the Institute of Company Secretaries of India. Job opportunities for a CS include the following:
- Company Secretary
- Legal Advisor
- Corporate Planner
- Principal Secretary and more
The combination of CA and CS is a popular choice as it helps in building a rewarding career.
Cost and Management Accountant (CMA)
Cost and Management Accountant is a professional course offered by the Institute of Cost Accountants of India similar to CA and CS. It is a three years course that teaches about cost management, internal & external audit management, Resource and performance management.
The responsibilities of a CMA include maintaining accounting records, carrying out cost auditing, assisting in the planning, and costing of products. The course curriculum is formed based on different levels the students need to clear to complete the course. Job opportunities for CMA include the following:
- Finance Director
- Chief Auditor
- Chief Investment Officer
- Financial Controller
- Financial Analyst and more.
Certified Financial Planning
Certified Financial Planning is a global course conducted by the Financial Planning Standards Board. The duration of the course is between two to three years. The course recognize expertise and knowledge in topics like financial planning and taxes, retirement, insurance, and estate planning. Job opportunities for a Certified Financial Planner following:includes:
- Financial Assistant
- Financial Analyst
- Management Trainee
Those interested to make a career in Personal finance, wealth management, insurance planning, mutual fund investing can also enroll for a course in Certified Financial Planning
The bottom line
There are a plethora of career options to choose from when studying commerce. But some commerce subjects are mandatory to study. These include Accountancy, Business Studies, Economics, and English. Apart from these subjects, others are optional. Are you still confused about the right commerce course for your career? Visit your school counselor or your guardian for more understanding. They will help you in making the best decision.
