The best career options for commerce students are many such as Financial Analyst, Chartered Accountant, Cost Accountant, Actuary, Certified Management Accountant, and many more.
The top career options in commerce include accounting, chartered accountancy, financial management, cost accountancy, actuary, and a lot more. These career options offer the most promising options for the commerce students ahead in life.
Commerce is a stream that offers myriad career options. The students have a large number of choices when it comes to career. It is important to acquire the right skills to thrive in the fast paced world. Choosing the correct stream plays a crucial role in this. Commerce gives great opportunities and opens the door to a number of lucrative careers.
- Chartered Accountancy
- Cost Accountancy
- Bachelors in Business Administration
- Bachelors of Management Studies
- Bachelors in Computer Applications
Career Options in Commerce with Mathematics
There are a lot of career options in Commerce with Mathematics. A list of such careers have been mentioned below:
1. Chartered Accountant
This is one of the most popular career options in commerce. Chartered Accountancy requires the candidate to be good in Mathematics and analytics. The candidate has to clear a number of exams in order to Chartered Accountant (CA).
The job requires the candidates to do taxation, financial reporting, auditing, and other tasks related to a company’s finance. It is a highly reputable profession which is quite lucrative as well.
Average Salary in India: 9.5 LPA
Also Read: List of Banking Courses in India: After 12th, Graduation, Online, Diploma, UG, PG Courses
2. Cost Accountant
The work of a Cost Accountant also requires the candidate to have very good knowledge of maths. This profession is as much prestigious and in demand.
A cost accountant looks after the budgetary needs of the company, data collection, analysis of profitability, and other related activities to ensure cost effectiveness.
Average Salary in India: 6.5 LPA
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3. Chartered Financial Accountant
A Chartered Financial Accountant (CFA) offers advice to companies or clients concerning financial decisions and investments.
A CFA has a job role in various organisations such as insurance companies, banks, investment firms, brokerage houses, etc.
Average Salary in India: 9.5 LPA
Also Read: How to Become a CFA? Career, Qualification, Jobs & Salary
4. Actuary
The job of an actuary needs the candidate to have a good knowledge of mathematics, business management, and statistics. This field has a very good place in the emerging business world.
The core work of an actuary lies in analysis of the risks involved, and other potential financial problems that might affect a company and a financial modelling on the basis of the analysis.
Average Salary in India: 10.11 LPA
Also Read: How To Become An Actuary In India? Complete Step by Step Career Guide
5. Investment Banker
This is again one of the most popular career options in commerce. The work of an investment banker consists in helping various organisations - government or private - to raise capital as well as complete acquisitions and mergers.
It must be mentioned that the work of an investment banker involves a high amount of risk.
Average Salary in India: 20 LPA
Also Read: Career Options In Commerce With Maths
Career Options in Commerce without Mathematics
There are a number of career options in commerce for those without mathematics as a combination. The list of such career options that do not need mathematics have been shared under.
1. Human Resource Manager
This is one of the most booming career options in commerce. Candidates can be in this high paying profession without having mathematics. The job of a Human Resource Employer involves shaping the recruitment process, hiring new employees, formulating employee and employer centric policies for the company.
Additionally it involves looking after the benefits of both the employer and the employee, as well addressing employee grievances.
Average Salary in India: 9.18 LPA
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2. Product Manager
Product Management is one of the leading roles that is finding prominence and popularity in almost all the industries in recent times. Product Management is essential right from the conceptualization to the execution or formation of the end product. This role is played by the Product Manager. This job requires the candidates to be creative and imaginative.
Average Salary in India: 20.3 LPA
Also Read: How to Become a Product Manager?
3. Sales Manager
A Sales Manager looks after the sales of the company or organisation. This job involves looking after the sales department and ensuring profitability. They also train the newly recruited sales staff while giving them targets to chase while making sales. The work of a Sales Manager also consists in generating leads and working towards increasing the sales.
Average Salary in India: 8.5 LPA
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4. Hotel Manager
Hotel Management is one of the most viable options for the students who have commerce without mathematics. The work of a Hotel Manager consists in taking care of the facilities of the hotel such as accommodation, food, services, and other amenities in the hotel.
They also deal with the customers and address their grievances if any. It is the job of a Hotel Manager to ensure that the operations of the hotel are standard, while also taking care of the safety policies.
Average Salary in India: 3.35 LPA
Also Read: Hotel Management Courses After 12th
5. Retail Manager
Retail Management is one of the best career options in commerce for the candidates without mathematics. It is a very profitable job; The job of Retail Manager consists in maintaining the looking after and maintaining the sales of a company.
He/she is responsible for maintaining the operations of the store. They work following the principles of consumer psychology, consumer acquisition strategies and other consumer centric philosophies to increase the sales and therefore the profits of the organisation.
Average Salary in India: 7.38 LPA
Also Read: Career Options in Commerce without Maths
Course Options for Commerce Students
There are a number of course options available for Commerce students after completing the 12th board examination. Some of the most popular courses have been listed below:
Chartered Accountancy
Chartered Accountancy is one of the most popular courses that the students opt for after passing the 12th boards examination with Commerce. The training period for CA is under another experienced CA. The candidate must pass 3 levels to become a Chartered Accountant. The CA aspirants are required to clear the exam conducted by the Institute of Chartered Accountants of India (ICAI).
Eligibility Criteria: The candidate must score 55% in 12th board examination with Commerce or 60% with other streams
Top Colleges: ICAI (Noida), Indian Institute of Finance and Accounts (Pune), Vista Academy, (Dehradun), Zell Education (Mumbai)
Cost Management Accountancy
Cost Management Accountancy is also a prestigious career option and it is mostly taken up by the commerce students after completing their 12th board examination. It is a 3 year course. This branch of accounting deals in managing the accounts and collection and analysing of financial reports of an organisation to improve cost effectiveness. In order to become a Cost Accountant, the candidates must clear the exam conducted by the Institute of Cost Management Accountants of India (ICMAI).
Eligibility Criteria: The candidate must have passed the 12th boards examination with commerce or science stream.
Top Colleges: IAM (Bangalore), Bharadwaj Institute (Chennai), Christ University, (Bangalore).
Bachelor’s in Business Administration (BBA)
This is another important course that the students can take up after studying commerce in class 12. There are a number of colleges throughout the country offering BBA course. This course offers lessons in finances, marketing, sales and accounts.
Eligibility Criteria: The candidate must have passed the 12th boards examination with 50% marks in any stream.
Top Colleges: IIM (All Branches), Madras Christian College (Chennai), Christ University, (Bangalore).
Bachelor of Management Studies
This is a course that has a duration of 3 years. The syllabus of this course includes business analytics, human resource, marketing and business management. Bachelor of Business Management courses can be taken up by the students in the commerce stream.
Eligibility Criteria: The candidate must have passed the 12th boards examination with 50% marks in any stream.
Top Colleges: St. Xavier’s College (Mumbai), Delhi University, Indian school of Business (Hyderabad).
Bachelors in Computer Applications
BCA is a much popular career course that can be taken up after completion of the 12 board examination with commerce. BCA stands for Bachelor of Computer Application. It is a 3 year course and falls under Information Technology. The course includes software development and programming lessons.
Eligibility Criteria: The candidate must have passed the 12th boards examination with 50% marks in any stream.
Top Colleges: Symbiosis Institute of Computer Studies and Research (Pune), Loyola College (Chennai), Presidency University (Bengaluru).
Also Read: Best Courses After 12th Commerce: Diploma, Creative, Computer Courses
How to Choose the Right Course After Class 12th Commerce?
Mentioned below are few ways in which you can the students can make the right career choice after passing 12th board examination with commerce:
- Know the Interests: It is very important to understand what a student would love to work with in the future. The candidate must know his/her passion as well as interest in subjects. It is crucial to understand the strengths to choose the career path.
- Do Research on the Syllabus: It is very important to study the curriculum of a number of courses that a student chooses. The subjects must match the student’s interests and goals in his/her career.
- Know the Eligibility Criteria and Course Duration: It is crucial to know the eligibility criteria as well as the course duration in order to pursue the courses. It is important to meet the eligibility criteria.
- Job Opportunities and Profitability: A wholesome research must be done on the job opportunities and salaries associated with the career choices. This will help the students get an idea about their career prospects.
- Free Courses: There are a number of free courses available online in recent times. These free courses can be taken during leisure time. This is also a good way to understand the interests.
Also Read: Courses After 12th: Complete Guide
