The 12th grade marks a considerable accomplishment. Therefore, it’s time to consider professional alternatives. After high school, students have a wide range of academic options and job opportunities because of the commerce stream’s diversity. In general, students know about only a few courses after CBSE class 12th commerce, but there are many different disciplines and routes in which they might develop their interests and future careers.
The domains of accounting, marketing, management, business administration, and banking are currently the most popular subjects for commerce courses taken after class 12 commerce. But besides standard programs, there are lesser-known job alternatives in commerce following high schools, like BBS, BBI, and BAF.
Table of Content
- Best Career Options in Commerce
- 1. Chartered Accountant (CA)
- 2. Investment Banker
- 3. Cost and Management Accountant (CMA)
- 4. Company Secretary (CS)
- 5. Lawyer/Advocate
- 6. Actuary
- 7. Certified Financial Planner (CFP)
- 8. Bank Probationary Officer (PO)
- 9. Digital Marketer
- 10. Journalist
- Conclusion
- FAQs
Best Career Options in Commerce
1. Chartered Accountant (CA)
This is the most popular professional course for developing a lucrative career in commerce. A career as a chartered accountant can lead to various fascinating employment options across numerous industries. Prepare nicely to crack CA with the help of CA subjects for your CA exam. CAS holds the top positions in virtually every organization, whether in the public or private sectors.
Chartered accountants are experts in auditing, taxation, accounting, business & corporate law, corporate ethics, etc. There are options for operating independently or jointly with a business. The Chartered Accountants Institute of India provides this professional training (ICAI).
How do I get a Chartered Accountant (CA) license?
To become chartered accountants, students must join the Institute of Accountants Chartered of India (ICAI) and successfully complete the IPCC (Integrated Professionals Competence Course), Universal Proficiency Test (CPT), and FC degrees (Final Course).
The course can be finished in up to 4 years, including a 3-year articleship with a CA. You can also prepare for the CA entrance exam 2022 and log in to www.icai.org ca foundation registration 2022.
2. Investment Banker
If you have graduate degrees in finance and banking, such as a CFA or MBA, you can launch a fantastic career in this area. One of the better career pathways available to those with a diploma in business is this one. Their primary responsibility is to decide on mergers and acquisitions and raise money from potential sources for the company’s general operations.
Along with working for some of the top firms in the market, including JP Morgan, Morgan Stanley, Deutsche Bank, and others, this is a job with attractive income options.
How do you work in investment banking?
A few studies, such as BCom, Bachelor in Economics and Finance, Bachelor in Business Administration, or CFA, are beneficial for entry-level positions. Most prestigious universities prefer graduates with an MBA in finance. In addition to academic qualifications, the aspirant needs to be motivated, a skilled networker, and an effective communicator.
A candidate for this position should also be an expert researcher who feels at ease using quantitative and analytical techniques.
3. Cost and Management Accountant (CMA)
Similar to the CA program, this degree is a specialist program offered by The Institute of Accountants of India. The curriculum is divided into levels that students must pass to proceed, much as CA and CS. the same as CA and CS CMA is one of the best business vocations.
After passing this course, students must acquire knowledge and training in management and cost accounting, the basics of commercial and industrial legislation, laws and ethics, etc. Go for chartered accountant books pdf free download to crack CA. Go for chartered accountant books pdf free download to crack CA.
How can you turn into a Cost and Management Accountant (CMA)?
The student must enroll with the Association of Cost Accountants of India to become CMA. The curriculum comprises 20 disciplines. Students may also enroll in this program after passing the necessary classes for CA and CS. Remember to check the ICAI exam fee last date ICAI CA foundation exam date.
4. Company Secretary (CS)
In contrast to the CA certificate, the Institute of Company Secretaries of India conducts the CS or Company Secretary course (ICSI).
A business’s effective management is the duty of the company secretary, who is also in charge of ensuring that the company of directors’ judgments is executed and that every regulatory and legal obligation is met. A company secretary is needed for the efficient operation of a business body. One of the better options after 12th-grade commerce is this one.
How to become a company secretary (CS)?
To become a CS, a candidate must successfully complete the Foundation Program, Executive Training course, and Professional Curriculum levels after passing the 10+2 exams. Candidates can select laws of Bank and Practice, Capital, Commodity and Money Market, Liability Laws and Practice, Intellectual Property Rights Law and Practice, or International Trade Law and Practice as their area of concentration at the final level.
5. Lawyer/Advocate
The legal field is regarded as a respectable one with numerous employment options. Students can study subjects including constitutional law, firm legal system, property law, child custody, delegated legislation, etc. depending on their interests in the chosen specialization. Lawyers work for big businesses, governmental organizations, and law firms or even start businesses.
How can I become an attorney?
Students who desire to study law should pass the CLAT (Common Law Admission Test) and get accepted into universities that provide the LLB (Bachelor of Law) program, which is recognized by the Bar Council of India. Integrated Corporate Law is a well-known legal specialty that covers the principles, procedures, and laws that control the establishment and management of corporate firms. A bachelor’s degree in either business or the arts can be earned after completing this 5-year curriculum. You can also research how to prepare for a foundation without coaching.
6. Actuary
Students interested in this subject should take the various levels of actuarial science exams. Utilizing their expertise in statistics and mathematics, they primarily plan mergers and acquisitions, analyze financial risk, and interact with clients, investment bankers, and IT specialists. Although it has reasonable compensation, pursuing this career path is quite challenging. You can also prepare for the CA entrance exam 2022 and log in to www.icai.org ca foundation registration 2022.
How do I turn into an actuary?
Students who want to become actuaries must have chosen math or statistics in their 10+2 exams. Graduates must be in Math, Statistics with Actuarial Science, or Business. Prepare nicely to crack CA with the help of CA subjects for your CA exam.
Additionally, they must show up for and complete all 15 phases of the Actuarial Common Entrance Test (ACET), including the Core Technical Papers, Core Application Paper, Specialist Technical Papers, and Specialist Application Papers. The candidate will join the Institute of Actuaries of India upon completion and success.
7. Certified Financial Planner (CFP)
This specialized program, recognized as one of the top vocations in business, is organized and managed by the Personal Finance Standards Board of India (FPSB). For students interested in those topics, the courses certify and recognize knowledge and abilities in financial planning and taxation, retirement, policy, and estate planning. CFP is one of the top professional programs in the business world.
How do I get my Certified Financial Planner (CFP) designation?
The prestigious Certified Financial Planner (CFP) qualification is offered by the Financial Planning Standards Board (FPSB). To qualify as a CFP, there really are two ways: regular and difficult. A challenge candidate must hold a degree such as a CA, Intermediate level, CS, LLB, or Ph.D., among others, whereas a regular candidate must have completed their 10+2 examinations. Regular candidates must pass five tests that cover each of the certification program’s six modules. To earn the CFP designation, Challenge candidates only need to pass the fifth exam, Advanced Financial Planning. You can also research how to prepare for a foundation without coaching.
8. Bank Probationary Officer (PO)
A probationary Officer is a highly sought-after position in the banking industry and a fantastic career choice for students studying commerce. A bank PO oversees employees who work in the clerical class and manages cash flow, loans, mortgages, and finances, among other tasks and responsibilities. This is a secure career; one can advance within the industry to take on managerial roles.
How may I apply to be a probationary bank officer (PO)?
All public and commercial institutions, such as State Bank of India(SBI), Bank of Baroda, Allahabad Bank, Punjab National Bank, ICICI Bank, and HDFC Bank, among others, offer PO job openings every year. Prepare nicely to crack CA with the help of ca free online classes for your CA exam. The critical exams to qualify for a position in these banks include the SBI PO and ICICI Bank PO. To work at the Reserve Bank of India, candidates can also take the RBI Assistant Exam and RBI Grade B Exam.
9. Digital Marketer
With the rising requirement for an online presence for most businesses in this day and age, the field of digital marketing is flourishing globally. Digital marketing is promoting brands’ goods and services to increase sales via online channels, including Search Engine Optimization (SEO), Content Marketing, and Display Advertising. To succeed as a digital marketer, you need to be both analytical and innovative in your thinking.
How can I start as a digital marketer?
After completing their 12th grade, students can enroll in Bachelors’s or Masters’s programs in digital marketing to become qualified as digital marketers. Or one may pursue online certificates after completing bachelor’s degree programs like B.com or BBA. Some of India’s best digital marketing courses are BBA in e-Marketing, a master’s in e-Marketing, or a certification in Digital Marketing from several reputable platforms. You can also prepare for the CA entrance exam 2022 and log in to www.icai.org ca foundation registration 2022.
10. Journalist
Journalism is a terrific career choice for those who enjoy telling tales and traveling to cover stories about people and places. As media increasingly permeates our lives through the newspaper, tv, and the internet, professions in mass media are growing in popularity. Once certified, journalists may work for news organizations or publishing firms and eventually become famous.
How do you break into journalism?
A bachelor’s or master’s degree in journalism and mass communication is an option for those interested in the field. This degree may also work in media and Indian politics, public relations, corporate communication, event management, and film directing and production. Finding the ideal career might take a lot of work. But you can make an informed choice for your future with sufficient research and proper mentorship.
Conclusion
Following the field of commerce, these are some of the top and most popular career possibilities. In addition, this diversified area has a wide range of opportunities and potential career paths that you can investigate to discover one that suits your interests and preferences.A thorough study is necessary to select the finest course alternatives for commerce students. Instead of becoming overwhelmed by the abundance of options presented to you by a field, consider your interests, consider each potential course and career option carefully, thoroughly investigate the eligibility requirements, institutions’ potential future employment opportunities, and other factors, and then come to a well-informed decision.
FAQs
Q. After the 12th grade in business, which course is best?
Ans- Top commerce courses after 12th grade:
- degree in economics (BE).
- Bachelor of Finance and Accounting (BAF).
- Banking and insurance bachelor’s degree (BBI).
- Commerce with a major in financial markets (BFM).
- Business Administration Bachelor’s degree (BBA).
Q. Which positions in business are the most paid?
Ans- Here is a list of the best-paying jobs in India for students majoring in commerce:
- Accountant, Chartered (CA)
- Banker for investments.
- Certified Financial Advisor (CF).
- Chartered Professional Accountant (CPA).
- Actuary.
- Accountant at cost (CA).
- Certified Public Accountant
- Retail Supervisor.
Q. Do businesses have a scope?
Ans- A wide range of employment options are available in an area like commerce. Students who choose to major in commerce have a variety of employment options, including business executive, accountant, human resources manager, data analyst, brand manager, investment manager, wealth manager, project manager, and manager of development and research.
