IN DEMAND CAREER OPTION FOR COMMERCE STUDENTS AFTER GRADE 12TH.
"Average students unable to do well enough in Maths, Science go for commerce subject."
"There is no option for students unable to score well to go for Commerce"
"Only wards of business-class family background should go for Commerce"
"With commerce as a selection, I have only options such as CA, CS and B.com"
These are some of the common statements and belief laid by Society,parents and colleagues, which hardly supports the flame of truth to glow. On contrary the truth is that the commerce stream, much in the same way as Science or Humanities, opens up a plethora of career opportunity for students.
Gone are the days when career choices were limited to Science, Arts and Commerce. while the long standing norms for selecting streams in our country have dictated that toppers and academically gifted students naturally drift towards science, it is a practise that is fast being overturned. Students are today proactively opting for Commerce stream, regardless of their academic standing.Apart from the conservative engineering, medicine and accountant, students can now look up to a vast majority of diverse fields to make a mark in. And no more worrying about what the others might be thinking and how much will you earn. Social pressure is a norm, ruining your life by choosing a career which will never give you the satisfaction of achieving a milestone is of no use. There is ample of money in the world and your confidence mixed with your ability is a deadly combination to make you next Mark Zuckerbergh.
So if Commerce is your calling doesnt buck under the societal pressure and tradition, get a grip, look out your passion and do something beckon you. Commerce is definitely more than B.Com and this is what need to learn. So if you are looking to opt your stream after 10th, or have already choosed Commerce, we present you the exciting Career opportunities the Commerce stream holds.
1. ECONOMICS
It is the study of the production, transfer and use of goods, services and resources. It is a research oriented career and would require you to learn and make use of various theories, principles, and models. Economists conduct researches and analyse data to predict market trends, build economic theories and models. The field is extremely positive future outlook. there is huge demand for qualified economists in consulting firms, private banks as well as public sectors.
Career Opportunities
Economists, Statistician, strategist, risk management analyst, Operations research analyst, insurance underwriter, budget analyst etc are some of the opportunities to work in this stream.
Educational Path
You have to pursue Bachelor's- B.A/B.Sc.(H) Economics, Bachelor of Business Economics, or a major in economics, to make career in this field. Following to this Master's in Economics can be pursued.
Commerce Without MATHS
Most of the top colleges for Economics require you to have a Maths background keeping in mind the strong relationship of Economics with Maths and research.
Top UG Colleges for Economics
There are some colleges that do allow you to pursue Economics without Maths such aas Loyola College, Christ University, Mount Carmel College etc. Sri Ram college of Commerce (SRCC) Delhi, Lady Shri Ram College(LSR), Delhi, H.R. College of Commerce and Economics, Mumbai, St. Xavier's College, Mumbai, St. Stephen's College, Delhi, Loyola College, Chennai, Fergusson College, Pune.
2. ACTUARIAL SCIENCE
Actuarial Science is a field dealing with the analysis of risk across various fields, such as Insurance, business, Finance and Healthcare. Professionals in this fields are called Actuaries, employ mathematical equations, statistics, financial theories to determine risk and uncertainty associated with various future events that can impact business. To this end, they collect statistical data, conduct analysis and design and implement numerous business stratgies.
Career Opportunities
Actuaries work in Life Insurance, health insurance, pension funds, enterprise risk, actuary consulting firms, pensions and retirement, risk management, etc.
Educational Path
You are required to clear the Actuarial Common Entrance Test(ACET). After clearing your entrance, you can register at the Institute Of Actuaries Of India (IAI). There are 15 exams in total conducted by IAI, however you can start working as an actuary after clearing only 4-5 exams. The most beneficial option include Maths(Hons), Statistics(Hons) and B.Com(Hons)
Commerce Without Maths
Although there is no rule barring non-Maths students from pursuing this career, such students are likely to face difficulties, as this is a highly numbers and data driven field.
3. MANAGEMENT
Management is another popular career route with a relatively reliable career progression. Management is the forecasting, planning, coordination and organizing of a company's process to ensure effective functioning and growth. It is a broad field that allows you the opportunity to select from different roles and specialisations including operations,marketing, HR, Finance, International business, Sales, etc.
Career Opportunities
Management being a highly versatile degree, you can find various National and Global opportunities in domains such as consulting, general Management, Huamn Resources, Marketting, Sales, Strategy, Operation Management, Supply chain Management, Finance etc. in various industries and sectors such as FMCG, Retail Education, Telecom etc. there are also various industries and sectors such as Sustainability Management, Sports Management, Fashion Business Management, Communication Management etc.
Educational Path
To set career in managemnt, you need to pursue a graduation in any field preferably BBA/BMS, followed by MBA.
Commerce Without Maths
There are some colleges that have an eligibility criterion that requires maths for BMS/BBA course, However, there are many other colleges that do allow non-Maths students such as IIM Indore, St. Xaviers College, Christ University, etc.
Top UG Colleges for Management
shaheed Sukhdev College of Business Studies, Delhi, IIM, Indore, Delhi University, NMIMS University, Mumbai, Symbiosis International University, Pune.
4. COMMERCE
The flourishing trade and commerce of the country, as well as the growing economy, make this an in-demand field with a number of respectable lucarative career options available. A degree in B.com provides you with a solid foundation in various streams of Commerce and acts as gateway to various professionals and higher education opportunities. It is a key field to various commerce related domains such as accounting, auditing, finance, taxation.
Educational Path
One can pursue a B.Com or B.com(Hons.) gegree at UG level and follow it up with a M.Com, M.BA or a certification course such as CA, CS, CMA etc. depending upon field and role you wish to make career. You can pursue a B.Com without Maths, but a B.Com(Hons.) course requires a Maths background.
Top UG college for B.Com
Sri Ram College of Commerce(SRCC), Delhi, Lady Shri Ram College(LSR), Delhi, Hansraj College, Delhi, Loyola College, Chennai, Christ University, Bangalore, St. Xavier's College, Mumbai, Marsee Monjee College of Commerce and Economics, Mumbai, St. Joseph's Commerce College, Bangalore.
5. CHARTERED ACCOUNTANCY(C.A.)
Chartered Accountant is an internationally recognised professional certification conducted by the Institute Of Chartered Accountants Of India(ICAI). It is the most known and popular career paths for commerce students. A C.A. works across various domains of business such as Audit, Taxation, Investments, Finance etc to increase the profitability of the firm.
Career Opportunities for CA
There are professional opportunities in government and private organisation in roles such as auditing, tax, consulting, corporate finance, investment banking etc. even there is an option to set a private practise few years of experience.
Educational Path to CA
After 12th standard, you need to go through the following steps to become a Charter
ed Accountant:
1.Register yourself with the ICAI, and clear the Competency Professional test (CPT).
2. clear the Integrated Professional Competence(IPC) course Exams in one or both groups.
3. Undergo articleship for 3years under practising CA or a CA firm.
4. After or during the completion of your articleship, clear the CA Final to gain CA certification.
6. COMPANY SECRETARY(C.S.)
Comapny Secretary is a professional course administered by the Institute of Company secretary Of India(ICSI). the comapnay secretary take cares of the efficient adminstration of a company particularly with respect to ensuring legal and statutory compliance and gevernance related issues.. Their job involves giving advice on conducting business, dealing with situations involving conflicts of interest, suggesting ways to prepare financial reports, developing corporate strategy, assisting in planning and advising on company law.
Career Opportunites for CS
One can work with both public and private sector organisations and render services in areas such as legal, secretrial and corporate governance, corporate restructuring, foreign collaborations and joint ventures, arbitration and conciliation, financial management, project planning, capital market and investor relations, corporate advisory services.
Educational Path
There are three stages in the CS course-
Foundation Program, Executive program and Professional Program. After passing the executive program you have to undergo 15months of practical training. On Completion of the program and its requisites, you will join as Associate Member of the ICSI and will be given designation of Associate Company Secretary (ACS).
To be continued.....................
"Average students unable to do well enough in Maths, Science go for commerce subject."
"There is no option for students unable to score well to go for Commerce"
"Only wards of business-class family background should go for Commerce"
"With commerce as a selection, I have only options such as CA, CS and B.com"
These are some of the common statements and belief laid by Society,parents and colleagues, which hardly supports the flame of truth to glow. On contrary the truth is that the commerce stream, much in the same way as Science or Humanities, opens up a plethora of career opportunity for students.
Gone are the days when career choices were limited to Science, Arts and Commerce. while the long standing norms for selecting streams in our country have dictated that toppers and academically gifted students naturally drift towards science, it is a practise that is fast being overturned. Students are today proactively opting for Commerce stream, regardless of their academic standing.Apart from the conservative engineering, medicine and accountant, students can now look up to a vast majority of diverse fields to make a mark in. And no more worrying about what the others might be thinking and how much will you earn. Social pressure is a norm, ruining your life by choosing a career which will never give you the satisfaction of achieving a milestone is of no use. There is ample of money in the world and your confidence mixed with your ability is a deadly combination to make you next Mark Zuckerbergh.
So if Commerce is your calling doesnt buck under the societal pressure and tradition, get a grip, look out your passion and do something beckon you. Commerce is definitely more than B.Com and this is what need to learn. So if you are looking to opt your stream after 10th, or have already choosed Commerce, we present you the exciting Career opportunities the Commerce stream holds.
1. ECONOMICS
It is the study of the production, transfer and use of goods, services and resources. It is a research oriented career and would require you to learn and make use of various theories, principles, and models. Economists conduct researches and analyse data to predict market trends, build economic theories and models. The field is extremely positive future outlook. there is huge demand for qualified economists in consulting firms, private banks as well as public sectors.
Career Opportunities
Economists, Statistician, strategist, risk management analyst, Operations research analyst, insurance underwriter, budget analyst etc are some of the opportunities to work in this stream.
Educational Path
You have to pursue Bachelor's- B.A/B.Sc.(H) Economics, Bachelor of Business Economics, or a major in economics, to make career in this field. Following to this Master's in Economics can be pursued.
Commerce Without MATHS
Most of the top colleges for Economics require you to have a Maths background keeping in mind the strong relationship of Economics with Maths and research.
Top UG Colleges for Economics
There are some colleges that do allow you to pursue Economics without Maths such aas Loyola College, Christ University, Mount Carmel College etc. Sri Ram college of Commerce (SRCC) Delhi, Lady Shri Ram College(LSR), Delhi, H.R. College of Commerce and Economics, Mumbai, St. Xavier's College, Mumbai, St. Stephen's College, Delhi, Loyola College, Chennai, Fergusson College, Pune.
2. ACTUARIAL SCIENCE
Actuarial Science is a field dealing with the analysis of risk across various fields, such as Insurance, business, Finance and Healthcare. Professionals in this fields are called Actuaries, employ mathematical equations, statistics, financial theories to determine risk and uncertainty associated with various future events that can impact business. To this end, they collect statistical data, conduct analysis and design and implement numerous business stratgies.
Career Opportunities
Actuaries work in Life Insurance, health insurance, pension funds, enterprise risk, actuary consulting firms, pensions and retirement, risk management, etc.
Educational Path
You are required to clear the Actuarial Common Entrance Test(ACET). After clearing your entrance, you can register at the Institute Of Actuaries Of India (IAI). There are 15 exams in total conducted by IAI, however you can start working as an actuary after clearing only 4-5 exams. The most beneficial option include Maths(Hons), Statistics(Hons) and B.Com(Hons)
Commerce Without Maths
Although there is no rule barring non-Maths students from pursuing this career, such students are likely to face difficulties, as this is a highly numbers and data driven field.
3. MANAGEMENT
Management is another popular career route with a relatively reliable career progression. Management is the forecasting, planning, coordination and organizing of a company's process to ensure effective functioning and growth. It is a broad field that allows you the opportunity to select from different roles and specialisations including operations,marketing, HR, Finance, International business, Sales, etc.
Career Opportunities
Management being a highly versatile degree, you can find various National and Global opportunities in domains such as consulting, general Management, Huamn Resources, Marketting, Sales, Strategy, Operation Management, Supply chain Management, Finance etc. in various industries and sectors such as FMCG, Retail Education, Telecom etc. there are also various industries and sectors such as Sustainability Management, Sports Management, Fashion Business Management, Communication Management etc.
Educational Path
To set career in managemnt, you need to pursue a graduation in any field preferably BBA/BMS, followed by MBA.
Commerce Without Maths
There are some colleges that have an eligibility criterion that requires maths for BMS/BBA course, However, there are many other colleges that do allow non-Maths students such as IIM Indore, St. Xaviers College, Christ University, etc.
Top UG Colleges for Management
shaheed Sukhdev College of Business Studies, Delhi, IIM, Indore, Delhi University, NMIMS University, Mumbai, Symbiosis International University, Pune.
4. COMMERCE
The flourishing trade and commerce of the country, as well as the growing economy, make this an in-demand field with a number of respectable lucarative career options available. A degree in B.com provides you with a solid foundation in various streams of Commerce and acts as gateway to various professionals and higher education opportunities. It is a key field to various commerce related domains such as accounting, auditing, finance, taxation.
Educational Path
One can pursue a B.Com or B.com(Hons.) gegree at UG level and follow it up with a M.Com, M.BA or a certification course such as CA, CS, CMA etc. depending upon field and role you wish to make career. You can pursue a B.Com without Maths, but a B.Com(Hons.) course requires a Maths background.
Top UG college for B.Com
Sri Ram College of Commerce(SRCC), Delhi, Lady Shri Ram College(LSR), Delhi, Hansraj College, Delhi, Loyola College, Chennai, Christ University, Bangalore, St. Xavier's College, Mumbai, Marsee Monjee College of Commerce and Economics, Mumbai, St. Joseph's Commerce College, Bangalore.
5. CHARTERED ACCOUNTANCY(C.A.)
Chartered Accountant is an internationally recognised professional certification conducted by the Institute Of Chartered Accountants Of India(ICAI). It is the most known and popular career paths for commerce students. A C.A. works across various domains of business such as Audit, Taxation, Investments, Finance etc to increase the profitability of the firm.
Career Opportunities for CA
There are professional opportunities in government and private organisation in roles such as auditing, tax, consulting, corporate finance, investment banking etc. even there is an option to set a private practise few years of experience.
Educational Path to CA
After 12th standard, you need to go through the following steps to become a Charter
ed Accountant:
1.Register yourself with the ICAI, and clear the Competency Professional test (CPT).
2. clear the Integrated Professional Competence(IPC) course Exams in one or both groups.
3. Undergo articleship for 3years under practising CA or a CA firm.
4. After or during the completion of your articleship, clear the CA Final to gain CA certification.
6. COMPANY SECRETARY(C.S.)
Comapny Secretary is a professional course administered by the Institute of Company secretary Of India(ICSI). the comapnay secretary take cares of the efficient adminstration of a company particularly with respect to ensuring legal and statutory compliance and gevernance related issues.. Their job involves giving advice on conducting business, dealing with situations involving conflicts of interest, suggesting ways to prepare financial reports, developing corporate strategy, assisting in planning and advising on company law.
Career Opportunites for CS
One can work with both public and private sector organisations and render services in areas such as legal, secretrial and corporate governance, corporate restructuring, foreign collaborations and joint ventures, arbitration and conciliation, financial management, project planning, capital market and investor relations, corporate advisory services.
Educational Path
There are three stages in the CS course-
Foundation Program, Executive program and Professional Program. After passing the executive program you have to undergo 15months of practical training. On Completion of the program and its requisites, you will join as Associate Member of the ICSI and will be given designation of Associate Company Secretary (ACS).
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