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02 April,2023 | By Brainwonders
If you are looking for the best career options for commerce students after 12th, we present the exciting and lucrative career opportunities after 12th Commerce stream holds. Commerce is the backbone of any professional organisation, and thus it becomes crucial to choose right in this one!
Commerce is arguably the most popular choice in India as the Indian economy is one of the fastest-growing economies in the world, and many individuals prefer commerce stream the most. While pursuing this field, one acquires knowledge related to corporate finance, stock markets and the inner financial functioning of various profit and non-profit organisations and the economy.
It is vital that before you choose the right career, you must learn about yourself first. Your values, interests, soft skills, aptitude, and personality type will make some occupations a perfect fit for you. It is this combination which you need to find.
How do I choose the right career option after 12th? What are the different career options after 12th? My child is not good in maths. Will he/she not have enough options for their career if he doesn't opt for maths? My kid swings back and forth with his career choices. They come up with a different choice now and then.
What else can I do to choose a career that fits my personality and interests? Do I have what it takes to go into trade and finance? And many such questions might be popping into your head who are in their 10th and 12th graders as well as their parents. With thousands of options, children often need clarification while choosing a career.
And when they don’t understand their genuine interest and aptitude or have proper knowledge about all the career options after the 12th, finding a proper career seems impossible. It is also estimated that almost 44 % of students choose the wrong career worldwide. Now, this isn’t necessary. That should happen to you too.
Making sure you don't choose the wrong career path when in twelfth grade can be a difficult task, as there are many options available, and it can be hard to determine which one is right for you. However, there are a few steps you can take to make sure you're on the right track:
1. Take time to explore your interests and skills. Do some research into different careers and reflect on the areas of work that interest you. Consider taking a personality or aptitude test to help identify potential career paths.
2. Research different job opportunities and training programs. Reading up on specific jobs will give you a better understanding of what these positions entail and whether they would be a good fit for your goals. You may also consider looking into training programs such as apprenticeships and internships.
3. Seek advice from those in the know. Speak to family members, teachers, mentors, or other professionals who have experience with different careers. They may provide helpful insights and resources to guide your decision-making process.
4. Ask yourself questions about how each career path makes you feel. It's important to pick something you enjoy doing and feel passionate about. If you feel you need to be more excited to pursue a specific career, then it might not be right for you.
By following these tips, you'll be much better positioned to make an informed decision when selecting a career path. Ultimately, choosing the right career path is an individual journey that should leave you feeling fulfilled and inspired.
Recommended Read: Top 9 Factors to Make the Right Career Choice
The Brainwonders U.S. Patented tests address these aspects for appropriate aptitude, skills and professional development by selecting the right career for individuals who want to know which career they would be most suitable for. Our EdTech system provides you with three major streams of education science, commerce and arts range per your aptitude and interests.
Economists research and analyse data to predict market trends, build economic theories and models, and make recommendations for resolving economic issues. It studies producing, transferring, and using goods, services, and resources. The field has a highly optimistic future outlook, as there is a massive demand for qualified economists in consulting firms, private banks, and public sectors, both in India and abroad.
Actuarial Science deals with risk analysis across various fields, such as insurance, business, finance, and healthcare. It requires a hold of individual logical, clerical and abstract aptitude. Professionals in this field (called Actuaries) employ mathematical equations, statistics, and financial theories to determine risk and uncertainty associated with future events that can impact the business. To this end, they collect statistical data, conduct analysis, and design and implement numerous business strategies.
Must Read: Everything about Actuarial Science.
Management is the forecasting, planning, organizing and coordinating of a company’s processes to ensure effective functioning and growth. This broad field allows you to select from different roles and specializations, including operations, marketing, human resources, finance, international business and sales. With a relatively reliable career progression, one can direct their managerial aptitude towards this popular career route.
Find out: Business management top colleges.
One of the most well-known and popular career options for commerce students after 12th, Chartered Accountant (C.A), is an internationally recognized professional certification conducted by the Institute of Chartered Accountants of India (ICAI). A Chartered Accountant works across various business domains, such as audit, taxation, investment, finance, etc., to increase the firm's profitability.
Company Secretary is a professional course by The Institute of Company Secretaries of India (ICSI). The Company Secretary takes care of the efficient administration of a company, particularly concerning ensuring legal and statutory compliance and governance-related issues such as ensuring that the board of directors' decisions are implemented. Their job involves giving advice on conducting business, dealing with situations involving conflict of interest, suggesting ways to prepare financial reports, developing corporate strategy, assisting in planning, and advising on company law.
A career in the finance domain involves:
A standard set of skills required across finance careers include:
Must Read: What are the commerce subjects in class 11 & 12.
Bank Probationary Officer (PO) is an entry-level position in a bank where an individual begins as a trainee. Both public and private banks conduct Bank PO exams. During the probationary period (2 years), the candidates are required to work across various activities related to the daily functioning of a bank, such as handling cash flow, customer complaints, supervising clerical work, loan processing and approval, issuing ATM cards and chequebooks, etc. After completing the probation period, the candidate becomes an assistant manager, with an outlook on becoming the branch manager and attaining higher positions over the years.
Cost and Management Accountants (earlier referred to as Cost and Works Accountants) are responsible for budgeting, cost management, performance evaluation and asset management within a company or organization. Cost and management accountants work alongside corporate executives to prepare the company's financial plan and strategy and prepare financial reports for various regulatory authorities, creditors, tax authorities, etc. The CMA is a certification provided by the Institute of Cost Accountants of India (ICAI), formerly known as the Institute of Cost and Works Accountants of India (ICWAI).
Statistics is a field involved in the interpretation, analysis, and representation of numerical data. Analytical skills, logical aptitude and clerical accuracy is a must for success in this field. Statisticians collect and analyse data to solve various problems and make recommendations in organizations, both in the public and private sectors. Statisticians conduct data collection, organize data, use various statistical tools and techniques to analyse the data, base conclusions and inferences on the data, and further make recommendations to stakeholders and policymakers based on the results.
1. What is the best subject for commerce students?
Ans: Every subject is good in its respect. However, the sole decision is made on the student's interest in a particular field.
2. What are the normal subjects offered in class 11th commerce?
Ans: Accountancy, Economics, Business, and English are the compulsory subjects in class 11th commerce.
3. Which is the highest paying job in the commerce department?
Ans: CA is one of the highest-paying jobs in the commerce department.
This is a challenging, yet rewarding, career with the flexibility of work opportunities and possibilities to work across various sectors. These were the main career options for commerce students after 12th.
However, many other popular career options besides these align very well with commerce, such as Law, Hotel Management and Mass Communication for further exploration.
One can specialise in any of them based on aptitude, interest and professional priorities. But it is always recommended that everyone should choose a career based on their personal choice and talent. For the same, many students, parents and academic institutions seek the U.S. Patented DMIT test by Brainwonders to guide them through the sea of commerce.
Take Brainwonders Career Test and make the right decisions for your college and course ahead