Deciding the career is a brainstorming process because one has to grow for his career in his life. There are various career options for commerce students such are writing as under:-
- 1 List of 15+ Career Options For Commerce Students
- 1.1 • Entrepreneurship
- 1.2 • Strategic Manager
- 1.3 • Chartered Accountant (CA)
- 1.4 • Company Secretary (CS)
- 1.5 • Certified Financial Planner (CFP)
- 1.6 • Digital Marketing
- 1.7 • Actuarial Science
- 1.8 • Venture capitalist
- 1.9 • Stock Broker
- 1.10 • Cost and Management Accountant (CMA)
- 1.11 • Bachelor of Laws
- 1.12 • Business Analyst
- 1.13 • Bachelor of Economics
- 1.14 • Bachelor of Commerce (B.com)
- 1.15 • BBA
- 1.16 • Masters of Business Administration (MBA)
- 1.17 • Master of Commerce (M.Com)
- 2 Conclusion on Career Options For Commerce Students
List of 15+ Career Options For Commerce Students
|2||Strategic Manager||4 years|
|3||Chartered Accountant (CA)||5 years|
|4||Company Secretary (CS)||3 years|
|5||Certified Financial Planner (CFP)||2-3 years|
|6||Digital Marketing||3 Months|
|7||Actuarial Science||3 years|
|8||Venture Capitalist||5 Years|
|9||Stock Broker||1- 3 years|
|10||Cost and Management Accountant (CMA)||3-4 years|
|11||Bachelor of Laws||3 years|
|12||Business Analyst||1-4 years|
|13||Bachelor of Economics||3 years|
|14||Bachelor of Commerce (B.com)||3 years|
|16||Masters of Business Administration (MBA)||3 years|
|17||Master of Commerce (M.Com)||2 years|
Anyone can be an entrepreneur, but for commerce students, it is effortless to start their own business as they are familiar with all the commercial aspects of a company, which they are studied into their commerce subjects. They quickly understand the procedures, tax systems, rules and regulations, formal terms related to a transaction.
• Strategic Manager
Strategic management is a decision-maker for business from various aspects. He designs rules, procedures, policies, and strategies relating to the product, employment, marketing, expansion, organization structure etcetera that will help to market to survive in the competition.
A strategic manager should have the analytical skills in economics, business environment, a different type of laws and taxes accounting that he can make better policies from his competitors by analyzing every as, the fact of business.
To become a strategic manager, one should have a bachelor’s degree and knowledge about strategic management. There are various online courses for becoming a strategic manager.
• Chartered Accountant (CA)
CA is a highly respected and highest paid job. This course is provided by The Institute of Chartered Accountants of India after 12 commerce and graduation in all over the world.
The level of the test is challenging. If one clears this test, He uses the word CA in front of his name and earns a good income by opening his own office or working for any company for a higher salary. IN this course business law, financial accounting, cost accounting, management accounting, income tax law, corporate law, business ethics, economics, and various other subjects are taught.
• Company Secretary (CS)
Company Secretary is also like a chartered accountant course which is conducted by the Institute of Company Secretaries of India(ICSI). The company secretary is working on legal matters for the company, so they should have excellent knowledge about the laws, ethics, company relations, rules and regulations, economics, and accounts. The company secretary enjoys the senior level position in the companies.
• Certified Financial Planner (CFP)
This professional course is offered by The financial planning standards Board India(FPSB). The students who are useful in accounts can join this course and gain knowledge and experience in financial planning, estate planning, retirement, taxes, and insurance.
• Digital Marketing
Today is the digital era. Everyone is going online, whether it is study, purchasing, advertising, or working, so, digital marketing is the highly growing career for the students interested in marketing and technology.
There are various job opportunities in digital marketing like SEO, SEM, marketing analytics, branding, creative head, content marketing, affiliate marketing, etc. That is the top-rated course nowadays. Various institutions are providing this course. Google is giving free courses related to digital marketing.
• Actuarial Science
The persons who are working as actuarial science are called”actuaries.” This course involves the analysis of risk across various fields, such as investment, insurance, finance, healthcare, business, etc. The actuaries should have strong mathematics, finance.
The data is collected, analyzed, and designed to minimize the risk .then different strategies are implemented to avoid the risk. To register at the Institute of Actuaries of India (IAI), one has to pass the Actuarial Common Entrance Test (ACET). There are a total of 15 exams, but if any person clears the 4-5 exam, he can start working as actuarial.
• Venture capitalist
These are the private investors who put their money into a business that is newly established or start-up to provide the growth and for an equity stake. These get back their money when the company is successfully run or after 10 years. They earn a high return on investment. These are mainly invested in IT firms, software business, and innovative ideas.
• Stock Broker
The stockbroker buys and sells the shares or stocks, or other securities. Reinvest in various companies and earn high profits from securities. He should be registered with the stock exchange.
He is also called broker, investment advisor, registered representative, and trader. They receive a commission for their services. The stockbroker should have proper knowledge about financial markets, statistics, portfolio analysis, etc.
• Cost and Management Accountant (CMA)
This is a professional course the same as chartered accountant and company secretary. It controlled by The Institute of Cost Accountants of India. The person should be an expert in subjects cost and management accounting, commercial and industrial laws, business ethics, etc.
• Bachelor of Laws
Commerce students can also apply for laws after the 12 commerce. It is very fruitful if they go for corporate law or any other branch of law.students who have a degree of corporate law can be work for companies as consultants, legal advisors, and a company lawyer.
• Business Analyst
The business analyst is also a higher demand because, with the increase in technology, everyone wants accurate data for further growth of business and target customers. It is also beneficial to get information about various interests, hobbies, and preferences of the customer to provide them products accordingly.
• Bachelor of Economics
There is a three-year duration course of six semesters after the 12th for students who are interested in economics. It is the best Career Options For Commerce Students.
It provides the knowledge of various economic concepts such as demand and supply, law of utility, different types of markets(perfect competition, imperfect competition, oligopoly, duopoly, monopoly), indifference curve, economic cycle, inflation, definition, micro and macroeconomics, concepts of revenue and cost, GDP, national income, per capita income, statistics and financial concepts deeply to the students.
These can be worked in the companies or corporate sector as financial analytics. To help to make policies according to the economic conditions.
• Bachelor of Commerce (B.com)
Bachelor of Commerce has 6 semesters with the direction of 3 years after XII commerce for the students who are mainly interested in accounting. Various colleges provide the B.com degree to the students. It is the best Career Options For Commerce Students.
Under this program, students study the subjects economics, business statics, financial accounting, management accounting, cost accounting, corporate accounting, income tax law, business management, international business, business law, business ethics, indirect tax, business environment, etc.
It is a bachelor degree course in business administration includes the various objects related to the business study like operations management, organization development, and change, control of the human resource, economics, organization behavior, strategic management, international business, business ethics and law, Marketing, financial, management and cost accounting, etc.
The duration of the courses of 3 years consisting of 6 semesters after the 12th commerce, including six months internship in the specialized subjects.
• Masters of Business Administration (MBA)
Masters of Business Administration also better options for commerce students. It is a 2-year course of 4 semesters. Eligibility to done this course is BBA,B.com. This course can also be done by various other graduate degree holders such as BA, B.tech, BCA, etc.
MBA is highly demanded in the corporate world at very higher packages. MBA can be done in various specializations such as finance, marketing, human resource, international marketing, retail marketing, event management, project management, etc.
MBA can be done full time and part-time also. A full-time MBA is more valued.MBA is counted as a professional course.
• Master of Commerce (M.Com)
If someone is passionate about teaching, then M.com is the best option. One can enroll for M.com after any bachelor’s degree BCom or BBA. It covers various objects such as account law business ethics, taxes, etc.
Conclusion on Career Options For Commerce Students
In the last, I would like to suggest that commerce is the best line to choose because of the increasing demand for the above fields and this will increase continually. In every business, there is a requirement of CA, CS, Marketing, Finance, HR, and some other positions for the smooth working of the company. So, the demand of the commerce field is much higher than others.