Sir I pass class 12 in commerce section after what can I do ? What is the best scope in commerce
Hi Anish
Commerce is a very promising field today and it will offer you a number of options and opportunities to choose as your career. The only method to bring clarity to your confusion is a careful analysis of your subject interest in these 2 years; Accountancy, Business Studies, Economics, Maths, and English.
OPPORTUNITIES:
- Commerce always has been a sought after academic option among students who wish to pursue lucrative careers in Finance, Taxation and Accountancy. Any business operations account for production, invoicing, insurance, logistics, finance, documentation, risk assessment, taxation etc which in turn offer good employment opportunities.
- Banking, Investments, Equity Research Analyst, Financial Accounting & Auditing, Finance K.P.O are the forte for B.Com. Graduates and is the basic qualification required for students who want to pursue a career as CA / ICWA / CS or M.Com./MBA.
- Professional courses are really tough and demand good seriousness, time dedication, commitment from the students for 4-5 years. CA, CS, CMA are the three main professional courses in commerce. They work mainly for auditing in the corporates, be it secretarial audit, cost audit, internal audit, earn good rewards wthin 5 years of experience and are hired by top MNC's.
A. CHARTERED ACCOUNTANCY- involves expertise in company accountancy and taxation.
B. COMPANY SECRETARYSHIP- involves expertise in corporate laws but also includes accountancy and taxation as side areas of expertise.
C. COST ACCOUNTANT- involves expertise in cost and management accounting but taxation and company accounts is also required to be studied while pursuing the course.
Below are a few popular Bachelor courses usually opted by commerce students for graduation.
1.B.COM- Bachelors in Commerce-
A course that most 12th Commerce stream students pursue after schooling as the level of academic difficulty associated with this course is Moderate and admission to this course is solely on the basis of your 12th board result.
FEE : The undergraduate degree is offered at a range of public and private colleges in India where some colleges also offer the option of selecting a subject to major in like Economics. The average fee charged in India varies from INR 20,000 to 35,000.
INSTITUTES OFFERING :
Delhi University affiliated colleges where admission cut off is usually not less than 96%, such as , Sri Ram College, Lady Sri Ram College, Hindu College, Ramjas College, Gargi College, (New Delhi). Others include St Xavier's College (Kolkata), Loyola College, Chennai, Narsee Monjee College of Commerce and Economics (Mumbai), Christ University (Bangalore),SRM University (Chennai), Amity International Business School (Noida), Loyola College (Tamil Nadu) etc.
2.BA. LLB (Bachelor of Arts + Bachelor of Laws )
Entrance: CLAT -Common Law Admission Test
B.A.LL.B. is a dual degree professional course in administrative law. Bachelor of Arts + Bachelor of Laws [B.A.LL.B.] is a five year long course. Many institutes take admission on the basis of CLAT Exam or their own entrance exam for Integrated LL.B. Programme along with merit result in class 12th.
FEE is usually from Rs. 2 -4 Lacs aggregate for 5 years.
INSTITUES OFFERING: National Law Universities across the country, Delhi University, Punjab University.
3.B.B.A. (Bachelor of Business Administration)
B.B.A. is a 3 years long Degree course. It includes all the forms of Management at undergraduate level which regardless of the specialization, will provide a student with conceptual, theoretical and practical knowledge in various aspects of business.
FEE: Varies from INR 1-2.5 Lacs aggregate for 3 years.
INSTITUTES OFFERING:Christ University (Bangalore),SRM University (Chennai), Amity International Business School (Noida), Institute of Management Studies (Noida), Loyola Institute of Business Administration (Tamil Nadu), Chitkara University (Punjab)
4.Bachelors, specialization in Economics:
This is yet another option for commerce students after higher secondary education, who are keenly interested in economics. You will get to experience practical knowledge on various economic concepts, economic policies, analytical methods and programs etc.
Delhi University affiliated colleges such as Sri Ram College, Lady Sri Ram College, Hindu College, Ramjas College (New Delhi), St Xavier's College (Kolkata), Loyola College, Chennai, Narsee Monjee College of Commerce and Economics (Mumbai).
5. B.A. specialization in Journalism and Mass Communication
Those wishing to enter news, advertising, or entertainment media can opt for journalism and mass communication.Students can pursue courses like BA in Journalism and Mass Communication, Bachelor of Journalism and Mass Communication, and Bachelor of Mass Communication.
INSTITUTES OFFERING:
Christ University (Bangalore), Loyola Institute of Business Administration (Tamil Nadu), Chitkara Univdersity (Punjab), Delhi University affiliated colleges such as Miranda House, Lady Sri Ram College, Hansraj College.
6) After completing your Bachelor's or professional degree you have the following options:
I) You may appear for BANKING exams for clerical or probationary officer post as these exams are a better option for commerce graduates.
Ii) MBA entrance exams such as CAT, MAT, XAT, CMAT, SNAP is also a better option for you as maths is considered as an important subect for such papers.
Iii) Income tax exams for the post of Income tax Inspector or Income tax Officer after graduation.
Iv) Professional as a Budget
Thanks for contacting Careers360.
Commerce has always been a very wide field and there are plethora of lucrative career options after studying Commerce in 12th.
To name a few:
- B.Com. stands for Bachelor of Commerce. Generally a 3 years long course.
- B.B.A. stands for Bachelor of Business Administration. 3 years long course.
- B.M.S. stands for Bachelor of Management Science. 3 years long course.
- C.A. stands for Chartered Accountancy. Duration depends on how you take training and clear exams.
- Integrated Law course. Duration is 5 years. It is a combination of General Graduation course and L.L.B.
- B.B.S. stands for Bachelor of Business Studies. Course duration is 3 years.
- B.H.S. stands for Bachelor of Hotel Management. Course duration is 4 years.
- B.E. stands for Bachelor of Economics. Course duration is 3 years.
- B.F.A. stands for Bachelor of Finance and Accounting. Course duration is 3 years.
- B.C.A. stands for Bachelor of Computer Applications. Course duration is 3 years.
- B.Sc. Applied Mathematics. Course duration is 3 years.
- B.Sc. Statistics. Course duration is 3 years.
- B.M.M. stands for Bachelor of Journalism and Mass Media. Course duration is 3 years.
- B.Sc. Animation and Multimedia. Course duration is 3 years.
- B.E.M. stands for Bachelor of Event Management. Course duration is 3 years.
- B.F.D. stands for Bachelor of Fashion Design. Course duration is 3-4 years.
- B.El.Ed. stands for Bachelor of Elementary Education. Course duration is 4 years.
- B.P.Ed. stands for Bachelor of Physical Education. Course duration is 1 year.
- D.El.Ed. stands for Diploma in Elementary Education. Course duration is generally 2 years.
- B.S.W. stands for Bachelor of Social Work. Course duration is 3 years