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Best Career Options For Commerce Students After 12th 2022

06 May,2022  |  By Brainwonders

In India, Commerce is one of the main streams among the 12th pass out students. Studying Commerce in 11-12th class helps the student select the best courses after 12th Commerce. There are a plethora of courses available in the commerce stream. Depending on the student's interest, they can pursue professional career options or management career options or accounting career options. Diversified professional, accounting and management courses are made accessible to commerce students. 

What to do After 12th Commerce?

You have completed your 12th Commerce, and now you are struggling to figure out the best courses after 12th Commerce? What are the best professional courses available after 12th Commerce? What are the top courses after 12th Commerce? These are the questions you might be thinking about right now. Well, we will be answering all your queries. Here, we have made a detailed analysis of the top 10 best courses after 12th Commerce, also among the top prospective career options.

Taking a crucial career decision is one of the most complex decisions we take in our lives. So, make sure to select the course after 12th Commerce depending on your interest.

Top 8 Best Courses After 12th Commerce

#1. Chartered Accountant

#2. Company Secretary

#3. Certified Financial Planner

#4. Certified Management Accountant

#5. Bachelor of Business Administration

#6. Bachelor of Journalism and Mass Communication

#7. Bachelor of Economics

#8. Bachelor of Computer Application

Let us study each course in detail:

  1. Chartered Accountant

CA

Eligibility:

To be eligible, students need to complete 12th commerce with at least 50% aggregate marks; side by side, you can pursue your BCom. As per ICAI, students who are pursuing CA must have a Bachelor's degree. Some of the students from Commerce and non-commerce pursue CA courses after graduation, so they need to score a minimum of 60% in their graduation. However, Students applying for CS courses after graduation(all streams except fine arts) can directly register for CA Intermediate. 

Skills:

  • Communication skills
  • Critical thinking
  • Problem-solving
  • Analytical skills
  • Professionalism & Ethics
  • Business Awareness

About Course:

Chartered Accountancy is one the best professional courses after 12th Commerce. The course teaches students about and helps them practise accounting, bookkeeping, auditing, taxation, preparing financial statements, and financial evaluation of an individual or a group of people or groups. Chartered accountants are one of the many jobs that people who work in accounting or study accounting want to get. If you want to become a CA, you first need to get permission from the ICAI (Institute of Chartered Accountants of India). To become a CA, you need to complete 4 levels framed by ICAI. They are

  • CA Foundation
  • CA Intermediate Exam
  • Final CA Exam
  • 3 years of Articleship/Training under practising CA.

Becoming a CA mostly takes 3-4 years; the duration might increase depending upon the number of attempts. So if you are considering pursuing a CA course, you need to study consistently; then, only you will be able to clear all levels. Hence, you will have several extensible career opportunities in national and international companies by becoming a CA.

Salary:

Experience (years)

Salary (Lakhs per annum)

CA Fresher 

7-10

3-10 

12-18

10-20 

20-25

Above 20 

40-70

Note: We have mentioned Approximate salaries, which may change due to market circumstances and inflation.

Scope:

After becoming a CA, there are many growth opportunities. Companies need accountants, no matter what kind of business they're in. CAs can look after a company's financial and accounting departments, no matter what kind of business it is. There are also things like auditing, taxes, monitoring, and making financial reports. After becoming a Certified Chartered Accountant, many jobs in other countries are available.

  1. Company Secretary

CS

Eligibility:

After the 12th (Arts, Science, Commerce), Students applying for the Company Secretary Course should register for the Foundation Programme. However, Students applying for CS courses after graduation(all streams except fine arts) can directly join the Executive Programme & continue with the Professional Programme after completion.

Skills:

  • Robust Communication skills
  • Analytical skills
  • Multitasking and time-management 
  • Proficient in Company Law

Company Secretary is also among the best courses after 12th Commerce. It is one of the prospective career options pursued mainly by students who have a genuine interest in studying corporate law. In this course, students get to understand the rigid and legal laws of corporate industries, company laws, business ethics, accounting standards, principles of company law, and many other advanced company concepts. If you are thinking of pursuing the CS course, you have to register under ICSI (Institute of Company Secretaries of India). To become a CS, you need to cover 4 levels designed by ICSI, they are:

  • Foundation Programme
  • Executive Programme
  • Professional Programme
  • 21 months of Training

To become a Company Secretary of India, you need to clear all the levels. Mostly it takes 3 years to become a CS. Thus, after clearing all levels, you will have the opportunity to work in a multinational company, look after the company's legal and legislative aspects, and many more.

Salary:

Experience (years)

Salary (lakh per annum)

CS Fresher

4-6 

3-10

5-10

10-20

10-16

Above 20

15-30

Note: We have mentioned Approximate salaries, which may change due to market circumstances and inflation.

Scope:

After becoming a CS, many opportunities can help in your career growth. All kinds of businesses and organisations need people to look after the business's legal statutory, business laws, and ethics. These people need to work for CS. After becoming a Certified Company Secretary, many jobs in other countries are available.

  1. Certified Financial Planner

Financial

Eligibility:

Students who have a good grade point average in 12th grade and are enrolled in a bachelor's degree in any field can apply for the CFP certification professional course.

Skills:

  • Business development skills
  • Research & analytical skills
  • Interpersonal skills
  • Strong persuasion skill

About Course:

The Financial Planning Standards Board India (FPSB) oversees this professional education, which is thought to be one of the best courses after 12th Commerce. It takes 3 years to complete the course; the duration might increase depending on the no. of attempts. For students who want to study financial planning, this professional course is the best fit where they can gain a lot of experience and knowledge about things like financial planning, taxation, retirement, insurance, and estate planning. People who want to work in business should take CFP, which is one of the most prestigious business courses.

Salary:

Experience (years)

Salary (LPA)

CFP Fresher

3-6

3-10

7-12

10-20

12-18

Above 20

19-30

Note: We have mentioned Approximate salaries, which may change due to market circumstances and inflation.

Scope:

A candidate who holds the CFP designation is qualified to work as a financial planner, financial advisor, estate planner, financial analyst, trading & research associate, financial consultant, or financial representative in various multinational companies.

  1. Certified Management Accountant

Certified Accountant

Eligibility:

To be eligible, candidates must have completed their class 12th  from any stream other than Fine Arts with a minimum of 50% marks. 

Skills:

  • Monitoring
  • Management
  • Accounting
  • Communication skill

About Course:

The Certified Management Accountant (CMA) course is intended for students who have a general interest in costing, accounting and management. Hence, selecting CMA as a career option is the best course after 12th Commerce. The Indian Institute of Cost Accountants offers a three-year professional education in cost accounting through its affiliate, the Indian Institute of Cost Accountants. The CMA programme has 4 levels: 

  • Foundation Level
  • Intermediate Level
  • Final Level
  • 3 years of Articleship/ Training

In order to be recognised as a Certified Management Accountant by Indian Certification, you must pass all four levels of the examination. A bachelor's degree is required to become a CMA. In order to complete the degree requirements while studying for the CMA admission tests, the students can, side by side, pursue a Bachelor's degree.

Salary

Experience (years)

Salary (LPA)

CMA Fresher

5-6

3-10

7-10

10-20

10–12

Above 20

15- 40

Note: We have mentioned Approximate salaries, which may change due to market circumstances and inflation.

Scope:

After completing the CMA course, there are plenty of career opportunities available for you in the business world. The primary career prospects include Cost Accountant, Chief Financial Officer, Management Accountant, Financial Controller, Finance Manager, etc.

  1. Bachelor of Business Administration
Eligibility:

To be eligible, students must have completed their class 12th with a minimum of 50% marks in any stream. Certain colleges and institutes prefer candidates who have at least 60% marks.

Skills:

  • Entrepreneurship skills
  • Communication skill
  • Network Building
  • Critical thinking
  • Problem-solving

About Course:

A bachelor's degree in business administration is an undergraduate programme that prepares students for a thriving commercial and business management career. If you enjoy management and want to learn all necessary managerial and entrepreneurial skills, the BBA programme is for you. Cost accounting, financial accounting, business law, management accounting, customer relationship management, and other topics are covered in the BBA curriculum. After earning your BBA, you can start your own business and become an entrepreneur. A BBA degree is helpful for students who want to work in the market or the business sector.

Salary:

The scope of the BBA course has witnessed tremendous growth post globalisation. The salary range of BBA graduates ranges between 2-20 LPA. The salary might increase depending upon the skills and years of work experience.

Scope:

Private and public sectors need BBA graduates in order to carry out business operations and functionality. One can easily get a job in such organisations. 

  1. Bachelor of Journalism and Mass Communication

Eligibility:

To be eligible, students have to complete their class 12th with any stream and score a minimum of 50-60% marks.

Skills:

  • Excellent communication skills
  • Research and analytical skills
  • Problem-solving
  • Leadership skill

About course:

Students who pay keen attention and are interested in what's going on worldwide are a good fit for BJMC (Bachelor of Journalism & Mass Communication). BJMC is best for people who are interested in getting into media, journalism, and mass communication. If you are taking this course, you will learn about media laws, ethics, management, and writing and design. You will also learn about India's socio-economics and politics.

Salary:

Level 

Salary (LPA)

Entry level

2-5

Mid level

3-7

Senior level

4-10

Note: We have mentioned Approximate salaries; it may change as per different sectors.

Scope:

Employment opportunities are available in diverse industries of media, production, broadcasting, publishing, news agencies and many more. BJMC positions in the private sector can be just as lucrative and fulfilling as those in the public sector.

  1. Bachelor of Economics

Eligibility:

To be eligible, students have to complete their class 12th with any stream and score at least 45% marks.

Skills:

  • Critical thinking
  • Cultural, economic and commercial awareness
  • Problem-solving
  • Interpersonal skills
  • Analytical skills

About course:

A Bachelor of Economics is a 3-year undergraduate degree commonly pursued by students interested in economics. Students in the Bachelor of Economics programme will learn about various economic theories, econometrics, applied economics, and other topics. This course also covers microeconomics, macroeconomics, national income, and many other essential topics. In addition, in this course, you will be gaining in-depth knowledge of some integrated and advanced economic concepts. 

Salary:

Following globalisation, the scope of the BA Economics course has expanded dramatically. This industry employs 32% of females and pays an average income of INR 1,92,121 to 8,94,397, whereas the economic or financial sector employs 68% of men and pays an average salary of INR 2,22,844 to 1,002,882.

Scope:

Market analyst, stockbroker, Economist, Financial Analyst, and more are some of the best jobs you can get after getting a Bachelor of economics. Individuals can also go into higher studies and reveal some highly demanding specialisations in the field of economics.

  1. Bachelor of Computer Application

Eligibility:

A candidate who has completed class 12th from any background with maths as a compulsory subject and scored at least 45-50% marks is eligible to pursue the course. 

Skills:

  • Effective Communication skills
  • Pressure Dealing
  • Problem-solving
  • Strategic Research analytical skills
  • Programming language skills

About Course:

The Bachelor of Computer Applications (BCA) is a graduate programme for people who want to learn about computer languages. A BCA is the same as a BE or a BTech in information technology or computer science, and they are both equivalents. Students can choose from a wide range of specialisations available through the programme. People who want to work on mobile applications, cloud computing, networking hardware and security, programming, programming and game design are abundant.

Salary:

Experience (years)

Salary (LPA)

Fresher

2-3

3-10

4-8

10-20

10-12

Above 20

12-20

Note: We have mentioned Approximate salaries; it may change as per different sectors.

Scope:

After completing a BCA course, the graduate might get job positions of Software Developer, System Administrator, Technical Analyst, Technical Assistant, Programmer, etc. The BCA graduate might go for higher studies in the related field by discovering emerging fields, including Data Science, Big Data, Machine Learning, etc.

Final Thought:
Thus, Commerce encompasses a variety of fields, each of which offers a variety of career opportunities. You can choose from various courses based on your area of interest. If you're still confused about which commerce course to take, check out Brainwonders. We at Brainwonders will assist you in completing an interest-aptitude test. After analysing the aptitude test, our career counselling team will work with you to determine the best course for you based on your aptitude. Therefore, feel free to contact us; we will assist you in determining the best courses after 12th Commerce.

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