Jobs After 12th Commerce - Commerce as a subject deals with the study of trade and business and still stands to be one of the most preferred streams among 10th pass outs. Professionals skilled in this domain are in huge demand due to rapid growth in businesses, multinational banks and corporations. Apart from the traditional career options after 12th Commerce like Chartered Accountancy and banking there are many other exciting and lucrative options like hospitality and Tourism.
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Furthermore, depending on your degree and specialization you can be either an Economist, Venture Capitalist, Investment Financial Analyst or a Credit Risk Manager, or any other professional with related skills and expertise and you will still be paid rewarding packages due to a surging demand of these experts. Let us take a brief look at some of the jobs for Commerce students.
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Jobs for Commerce students | How to get in? | Job roles | Top recruiting companies |
Banking Sector | Diploma/ BBA Banking & Finance/ Bachelor’s in Banking/ Economics/ Commerce/ Accounting & Finance or related | Credit Analyst, Bank Manager, Loan Officer, Investment Banking Analyst, Mortgage Consultant. | SBI, Kotak Mahindra Ltd., IndusInd Bank Ltd., Standard Chartered Ltd. |
Insurance Sector | Diploma in Insurance Management/ Banking & Insurance/ Bachelor of Commerce/ Finance/ Economics/ Certification in Actuarial Sciences or related | Insurance Manager, Actuary, Auditor, Personal Financial Analyst and Advisor, Insurance Underwriter. | SBI Life Insurance, Bharti AXA General Insurance, Max Life Insurance |
Finance Sector | Bachelor’s in Commerce/ Finance & Accounting/ Economics/Statistics/ Certification in CFA/ Actuarial Science or related | Risk Manager, Finance Manager, Investment Banker, Portfolio Manager, Actuary | Tata Capital Financial Services, Mahindra & Mahindra Financial Services |
Management | Bachelors of Business Administration(BBA)/Bachelors of Management Studies(BMS) | Marketing Manager, General Manager, Talent Acquisition Manager, Operations Manager, Human Resource Manager, International Trade Manager. | Microsoft, Google, Boston Consulting Group, P&G, ITC |
Cost Accounting, Taxation & Auditing | Certification in Chartered Accountancy/ Cost Management Accountancy/ Chartered Financial Analysis | Chartered Accountant, Cost Accountant, Auditor, Financial Officer, Cost Controller, Risk Manager. | Grant Thornton, McKinsey, Ernst & Young, ITC |
Government Sector (Civil Services/ Indian Army/ Banks/ Insurance) | B. Com/ BA/ B.Sc./ BBA and National/ State level Entrance exam | IAS, IPS, IRS, Army Officer, Bank PO, Insurance Advisor/ Officer | Govt. organizations- UPSC, PSUs, SBI, LIC, RBI, PNB |
Diploma/ Bachelor’s in Hotel Management & Catering Technology/ BBA Hospitality & Tourism | General Manager, Front Desk Manager, Catering Manager, Food & Beverage Manager | Taj Group, Oberoi Group, Hyatt Hotel Corporation, Thomas Cook, Cox & Kings |
(Note- Data has been collated by Team Careers360)
Let’s dive into the list of sectors of jobs for Commerce students.
Banking sector in India has seen a lot of reforms lately and one of the main objectives is to increase employment opportunities for the youth. With the existence of both national and international banks in the country, the job prospects are plenty and very promising. This sector offers some of the high-salary jobs in the Commerce stream.
Some rewarding job profiles in banking are Credit Analyst, Bank Manager, Loan Officer, Investment Banking Analyst and Mortgage Consultant, among many others.
Educational requirements: BBA/ BBA Banking & Finance/ Bachelor’s in Banking/ Economics/ B. Com or any other related course.
Top recruiting companies: SBI, Kotak Mahindra Ltd., IndusInd Bank Ltd., Standard Chartered Ltd.
Related: Online Banking Courses & Certifications
Also read- Career as Bank PO
The insurance sector has a huge scope for future growth with government policy support and increasing investments, which makes jobs in this sector some of the high-salary jobs in Commerce stream. Certain demographic factors like the young insurable population, growing middle class, retirement planning and increasing awareness concerning the need for protection is sure to support and boost the growth of the Insurance industry in India.
In the insurance sector, you can work as an Insurance Manager, Actuary, Auditor, Personal Finance Advisor, or Insurance Underwriter, to name a few job profiles with rewarding salary packages.
Educational requirements: BBA Banking & Insurance/ Bachelor’s in Commerce/ Finance/ Economics/ Certification in Actuarial Sciences or any other related course.
Top recruiting companies: IRDAI, SBI Life Insurance, Bharti AXA General Insurance, Max Life Insurance
Also read- Career as an Insurance Agent
Finance is indeed one of the most sought after choices for 12th Commerce students as it has immense career opportunities with very profitable salary packages. Financial experts are in high demand in all industries like multinational banks, MNCs, mutual fund investment firms, NBFCs and the like. This sector tops the list of jobs for Commerce students.
There are multiple lucrative job options in the finance sector and some of the job profiles are namely Risk Manager, Finance Manager, Investment Banker, Portfolio Manager, Actuary.
Related: Online Finance Courses & Certifications
Educational requirements: Bachelor’s in Commerce/ Finance & Accounting/ Economics/Statistics/ Certification in CFA/ Actuarial Sciences or related fields
Top recruiting companies: Tata Capital Financial Services, Mahindra & Mahindra Financial Services, Deutsche Bank, HSBC
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Management refers to a gamut of tasks and activities managed efficiently in order to reach organizational targets and goals. It involves activities like planning, organizing, strategizing, leading and monitoring among many other tasks of huge responsibility. Good and efficient managers are assets par excellence to any organization, and management jobs are some of the high-salary jobs in Commerce stream.
Depending on your area of specialization the role can be that of a General Manager, Talent Acquisition Manager, Operations Manager, Human Resource Manager, International Trade Manager, Sales Manager, etc.
Educational requirements: BBA/ Business Management in any one specializations out of several like Marketing, Human Resource, International Trade, Finance.
Top recruiting companies: Microsoft, Google, Boston Consulting Group, P&G, ITC.
The industry of Accounting, Taxation and Auditing are always in need of multi-faceted professionals who drive most of the economic activities of an organization. These domains have a plethora of jobs for Commerce students. Enterprises are built on the foundations that they lay wherein they create, enable, preserve and report value.
The experts are known to modify the way firms and businesses achieve their strategic and financial goals. Professionals in this line of work are Chartered Accountants, Cost Accountants, Auditors, Financial Officers, Cost Controllers, Risk Managers.
Educational requirements: Certification in Chartered Accountancy/ Cost & Management Accounting/ Chartered Financial Analysis
Top recruiting companies: Grant Thornton, McKinsey, Ernst & Young, ITC.
Also read- Best online Taxation and Accounting courses
Government service is undoubtedly the most timeless career choice among Indian youth. The government sector offers several jobs for Commerce students. Moreover, along with the promising salary package after 7th CPC, as a Government official, you shall be entitled to various other perks and benefits by the GOI like accommodation, medical and travel allowances to name a few.
This sector has the most respected job opportunities in India like the IAS, IFS, IPS, IRS, Army Officer, Bank PO, Insurance Advisor/ Officer, and many more.
Educational requirements: Bachelor’s in Commerce/ Arts/ Science/ Business Administration followed by national or state level entrance exam by the concerned authority.
Top recruiting companies: Government organizations like UPSC, PSUs, SBI, LIC, RBI, PNB
There has been an immense spike in the hospitality and tourism industry in the past decade opening up several lucrative job avenues. India’s rich cultural heritage, attractive beaches, mighty mountains and delectable range of cuisines attract people from across the globe and drive the growth of this industry.
Some of the many lucrative job roles in this sector are that of a General Manager, Front Desk Manager, Catering Manager, Food & Beverage Manager, Travel Consultant, Tourism Manager and the like. Once a person gains some amount of industry experience, this sector may offer some of the high-salary jobs in Commerce stream.
Educational requirements: Bachelor’s in Hotel Management & Catering Technology/ BBA Hospitality & Tourism, or any other related field
Top recruiting companies: Taj Group, Oberoi Group, Hyatt Hotel Corporation, Thomas Cook, Cox & Kings, American Express Global Business Travels
Time and again we have seen that there is no dearth of job opportunities in the domain of commerce. This article was an attempt at giving you insights into the same by providing you with a list of lucrative career options after 12th Commerce.
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Author - This article is authored by Anindita Nandy, who is a Psychologist, with expertise in Career Counselling of high school students.
You can do jobs in sectors like Banking, Insurance, Finance, Hospitality & Tourism, Management, Government etc.
The highest paid jobs in Commerce are that of a Banker, Investment Banker, Marketing Manager, International Trade Manager, Chartered Accountant, Financial Manager, Actuary among many others.
The high salary government jobs after Commerce are IAS/ IPS/ IRS/ IFS officers, Indian Army officers, Bank PO, Accountants/ Assistant Accountants in PSUs etc.
Investment Banking; Financial Management; Marketing/ International Trade; Actuarial Sciences; Government Services are some of the Commerce stream jobs.