Career Options in Commerce with Mathematics After 12th - Professional Courses
A Student Life is always full of doubts and curiosity. Making career choices so early in life that will lead to their future is not that easy. Evaluating self interests, skills and acknowledging which career or field suits you best is going to be a little tough. Students have to score top marks to be eligible to study further and choose a good college. Arts, Commerce and Science are three popular streams that CBSE offers for class 11. Students have to make a choice acknowledging the fact that these subjects play a crucial role in their future career.
Here we will discuss Commerce with Mathematics career options
When we talk of commerce, we usually refer to business aspects of the industry. Also concerning academics, it involves the study of finance, business management, economics, statistics and such other subjects. No doubt, whether you opt for Mathematics or not while choosing commerce, it will definitely involve the Mathematics principles in other subjects. Therefore, opting for Commerce with Mathematics is quite a good decision. Several universities provide admissions to B.Com. and Economics honours programmes to those students only who had mathematics in class 12th. There are numerous career options in commerce with maths.Here, we will enrich our knowledge of such careers.
Career Options in Commerce with Mathematics
In this section we will discuss career options after 12th commerce with maths. Commerce students have a varying number of career options to pursue in the finance and business sector.
Chartered Accountant
A Chartered Accountant is a certified professional responsible for advising, auditing accounts and providing trustworthy information about financial records. He or she may stay involved in financial reporting, taxation, auditing, forensic accounting, corporate finance, accounting systems and processes. To become a Chartered Accountant, aspirants are required to enrol in ICAI (Institute of Chartered Accountants of India) to pursue Chartered Accountancy. It is one of the professional courses after 12th commerce with maths.
Chartered Accountant Salary: The salary of a Chartered Accountant varies from organisation to organisation. The average salary of a Chartered Accountant in India is Rs. 807756 per annum. A junior- level experienced Chartered Accountant average salary is Rs. 762076 per annum. A senior-level experienced Chartered Accountant average salary is Rs. 1752777 per annum. (Source: payscale.com)
Qualifications: Chartered Accountancy
Actuary
An Actuary is a financial professional. His or her role involves designing financial policies and observing funds. An Actuary keeps a check on insurance risk to minimise losses. He or she determines the rate of interest given to customers. The role of Actuary involves evaluating the risk for financial planning of the organisation. An Actuary course is considered as one of the professional courses after 12th commerce with maths.
Actuary Salary: The average salary of an Actuary in India is Rs. 992596 per annum. A junior-level experienced Actuary average salary in India is Rs. 875112 per annum. A senior-level experienced Actuary earns an average salary of Rs. 850000 per annum in India. (Source: payscale.com)
Qualifications: B.Sc. in Actuarial Science, MBA in Finance, Qualify ACET
Investment Banker
The role of an Investment Banker involves raising capital for corporations, governments and other clients. He or she is an expert in the finance industry who has a finger on the pulse of the investing climate. Investment Bankers save clients time and money by identifying the risk associated with the investment.
Investment Banker Salary: The salary of an Investment Banker varies depending on candidates’ skills, prior experience and employing organisation. The average Investment Banker salary in India is Rs. 942633 per annum. A Junior Investment Banker average salary in India is Rs. 800000 per annum. The average Senior Investment Banker salary is Rs. 2947906 per annum in India. (Source: payscale)
Qualifications: BBA in Investment Banking
Stockbroker
A Stockbroker is a professional who handles transactions for both institutional and retail customers. The primary role of a Stockbroker involves buying and selling orders and executing them. Most people investing in stocks depend on the knowledge and expertise of stockbrokers as they tend to better understand the stock market. A Stockbroker is usually employed by a brokerage firm.
Stockbroker Salary: The average Stock Broker salary in India is Rs. 404137. A Junior Stockbroker average salary is Rs. 307111 per annum in India. A Senior Stockbroker earns an average salary of Rs. 541000 per annum in India. (Source: payscale.com)
Qualifications: B.Com in Financial Analytics, Business Management, Accounting, Economics
Marketing Manager
A Marketing Manager is responsible for promoting businesses, services, products or brands. He or she develops marketing and pricing strategies, generates new business leads and oversees the marketing department. A Marketing Manager manages marketing budgets and analyses trends.
Marketing Manager Salary: The salary of a Marketing Manager varies depending on candidates’ skills, expertise and prior work experience. A Marketing Manager earns an average salary of Rs. 676855 in India. A Junior Marketing Manager average salary is Rs. 507480 per annum. A senior-level experienced Marketing Manager average salary is Rs. 943348 per annum. (source: payscale.com)
Qualifications: MBA in Marketing Management
Business Development Executive:
A Business Development Executive is responsible for driving sales of the company and sourcing new clients. He or she convinces existing clients to make investments or purchase added offerings. A Business Development Executive plays a crucial role in providing business to the employing organisation and keeping it running smoothly.
Business Development Executive Salary: The average salary of a Business Development Executive is Rs. 300402 per annum. The average salary of a Junior Business Development Executive salary is 302811 per annum. A Senior Business Development Executive earns an average salary of Rs. 400664 per annum.
Qualifications: BBA in Business Management, BBA in Marketing
Bank Branch Manager
A Bank Branch Manager is usually referred to as Branch Manager. A Bank Branch Manager is responsible for leading all the operations of the branch office. He or she manages and resources staff. It includes developing and achieving the sales goals, delivering customer service, and generating branch’s revenues.
Bank Branch Manager Salary: A Bank Branch Manager earns an average salary of Rs. 830676 per annum in India. An average junior-level experienced Branch Manager salary is Rs. 590598 per annum. While a Senior Branch Manager average salary is Rs. 997595 per annum.
Qualifications: B.Com. in Banking & Insurance
Professional Course After 12th in Commerce without Maths
If you have opted for 12th in commerce without maths. Then, still you do not need to worry. As there are plenty of courses after 12th Commerce without Maths that offer good career prospects. Some of the popular courses after 12th Commerce without Maths are listed below:
Conclusion
Commerce with Maths provides numerous career options to pursue. There are plenty of career opportunities in the commerce field. Mathematics is crucial for a career in the commerce sector as it is one of the demanding skills and its principles are applied in all the operations of the financial industry.