The students interested in learning accounting and management select commerce subjects for last 2 years of their schooling i.e class XI and XII. The other reason for selection of commerce subjects is that they are considered slight easy as compare to the science subjects. If the student scores such marks in Senior Secondary which are not worthy to get science subjects, than he has to go for commerce or arts subjects. The students belong to the family of business background or those seek to establish them as an entrepreneur in future also go for commerce subjects.
The ease of availability and easy course structure & subjects (generally considered as compare to science subjects) doesn’t means that the commerce students have to compromise with their career opportunities. Either in job prospects or startups, commerce students have both the options with some of the best courses available in India.
The most promising profession and choice of almost all commerce students is to become a Charted Accountant. It is one of the best and toughest professional courses conducted worldwide. Charted Accountants audit account of companies, manage their balance sheets, provide financial advise and can also act as tax consultant. The degree of CA is awarded by Institute of Charted Accountants of India (ICAI). The course is merely divided into four levels. The first level is called CPT in which students can enroll himself after qualifying 12th / HSC and the students already completed their graduation are exempted from CPT and directly get enrollment for the second level called IPCC.
Various universities and colleges conduct several under graduate courses for commerce students. These courses emphasis on study of Banking, Finance, Marketing, Taxation, Management and industrial & labour rules and regulations etc. Some of the courses among them are:
- B.Com- Bachelor of Commerce
- BE- Bachelor of Economics
- BBA – Bachelor of Business Administration
- BMS- Bachelor of Management Science.
- BAF – Bachelor of Accounting & Finance
- BFM – Bachelor of Finance Market
- BBS – Bachelor of business studies
- CS- Company Secretary
Along with the above mentioned courses, Higher Secondary qualified commerce students can also get admission in the following general courses:
- BA in any subject
- BHM- Bachelor of Hotel Management,
- BSc Animation and Multimedia
- BFD- Bachelor of Fashion designing
- BEM – Bachelor of Event Management
- BCA- Bachelor of Computer Applications
- Integrated LLB,
- BSc Applied Mathematics
The interest of present generation towards startups & entrepreneurship and the globalization of commercial market and banking sector bring prosperity for commerce students. In today’s scenario the students of commerce can establish their career as a entrepreneur or as a charted accountant, investment banker, company secretary, tax consultant, accountant, banker, economist, finance analyst, finance planner, stock broker, statistician etc.
All above mentioned profession are managerial, responsible and consultative in nature and are highly remunerated. The remuneration also depends upon individual’s experience, intelligence, achievements, degree and the college/ university. College or the university holds significant role in a student’s career. Some of the commerce colleges which are considered top ranked in India are
- Shri Ram College of Commerce, Delhi
- St. Xavier’s College, Mumbai and Kolkata
- Symbiosis, Pune
- Christ College, Bangalore
- St. Joseph College of Commerce, Bangalore
- Mount Carmel College, Bangalore
- H.R. College of Commerce & Economics, Mumbai
- Loyola College, Chennai
- Madras Christian College, Chennai
- LSR College, Delhi
- Hindu College, Delhi etc.
Before making your final decision, go through all the details of the course, duration, future prospect and colleges which conduct the course. To select the best college for respective degree is also one of the most important criteria. Better will be selection of course and college more will be the chances of getting a responsible and highly remunerated job. In background, more will be the marks in 12th class/ HSC higher will be the chances of getting the course and college of your choice and interest. Therefore always kept in mind that if you are a student, the marks of 12th class is going to play the most significant role in your career building.