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09 January,2023 | By Brainwonders
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After completing your 12th Commerce, you often seem confused or worried about what courses you want to pursue to make your career in Commerce and where you meet your higher education. No matter how clear you are about continuing your studies after 12th, you get a little confused about what career options you can opt for after 12th Commerce.
To clear out this cluster, in this blog at Brainwonders, you will be able to know about the best career alternatives that are open to you after the completion of your 12th examination board in the field of Commerce.
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Bachelor of Commerce, or B.Com, is one of the most popular courses, and every other commerce student takes B.Com. B.Com is one of the best commerce courses you can take after 12th Commerce and one of the best professional courses. It is a three-year degree programme that includes courses like accounting, statistics, management, human resources, computer science, and economics. You can quickly get into one of the many universities or institutes that offer this programme based on your class 10th and class 12th board scores.
Eligibility: Students must have completed 12th Commerce
Top B.Com Colleges:
Average Salary & Future Prospects
A B.Com graduate individual earns between Rs. 2 to 8 LPA. Business Development Executive, Marketing Executive, Sales Executive, etc., are the job titles after completing B.Com.
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CA is a professional commerce course most students pursue after their 12th or graduation. If you are planning to opt for CA, then you do not have to clear the first CA level exam; you can directly do the registration for CA Intermediate. To become a Chartered Accountant, you must first register under The Institute of Chartered Accountants of India (ICAI). You need to clear all three levels of CA framed by ICAI; they are as follows:
In addition, the CA aspirant also needs to complete 3 years of Articleship/Training under a practising CA. It mostly takes 4-5 years to become a CA. The duration might increase depending on the number of attempts.
Eligibility: Candidate must have completed 12th Commerce or B.Com
Average Salary:
After becoming a CA, a fresher CA can expect an average annual package between Rs. 6 to 12 lakh per annum. The salary of the fresher keeps fluctuating so it might increase as per different sectors. Experienced CA can earn between Rs. 15 to 40 LPA.
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Economics was undoubtedly one of the favourite subjects of every second commerce student when they were in high school. After 12th, Bachelor of Economics is one of the most pursued professional courses and a very profitable alternative for students. This is one of the desirable options of the student for students whose interest lies in economics and also who want to impart knowledge and abilities in grasping the essential concepts and principles of macroeconomics, econometrics, microeconomics, national income econometrics, political economy and other economic subjects are covered in this course.
Eligibility: Students must have completed 12th Commerce
Top Bachelor of Economics Colleges
Average Salary & Career Prospects
An average salary of a B.Eco graduate annually earns between Rs. 3 to 12 LPA. The career prospects after completing the Bachelor of Economics are Economist, Market Analyst, Banker, Budget and Finance Analyst.
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After 12th, most of the commerce students opt for business courses. Bachelor of Business Administration is an undergraduate business management course for students who want to explore different fields of business management.
You can also pursue this course in numerous specialities, but overall, BBA opens up a variety of alternatives for you to effortlessly explore different industries. Students who are unable to pursue their further studies in the conventional method owing to a lack of resources can simply do so via online and distant mode.
Eligibility: Students must have completed 12th Commerce
Average Salary & Career Prospects
The average salary of a BBA graduate earns in the range between Rs. 3 to 12 LPA. The job prospects after completion of the course include Marketing, Sales Executive, Management Trainee, Business Development Executive, etc.
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It has been observed that the IT industry is one of the emerging industries in the recent competitive business world. Numerous career opportunities are available in the IT sector for individuals who have completed their Bachelor's degree in Computer Applications and other related fields.
BCA is typically pursued by students who want to learn about computer applications, programming languages, coding, etc. Students enrolled in BCA take a wide array of courses, one of which is programming in the C language. It will take you three years to finish the programme. Still, in the end, you will have an in-depth understanding of the fundamentals of computers, operating systems, multimedia systems, and other related topics.
Eligibility: Students must have completed 12th Commerce
Top BCA Colleges
Average Salary & Career Prospects
BCA graduates can annually earn up to Rs. 3 to 8 LPA. The salary will rise as per the work experience. Junior Analysts, Web Developers, Programmers, Computer Support Service specialists, etc., are the career prospects of a BCA graduate.
Certified Financial Planner is regarded as one of the top occupations in Commerce and is overseen and supervised by the Financial Planning Standards Board India (FPSB). For students interested in financial planning themes, the courses certify and recognise expertise and knowledge in areas such as financial planning and taxation, retirement, insurance, and estate planning. CFP is one of the most prestigious business professional degrees.
Average Salary & Career Prospect
Students can become Certified Financial Planners or wealth advisors after obtaining certification in financial planning and taxation. Certification is required for both careers. The average salary of a certified financial planner or wealth advisor ranges between Rs. 5 to13 LPA.
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BJMC is a three-year undergraduate programme. Any student can pursue this path to become creative. Print journalism, radio and television production, anchoring, writing, advertising, event management, cinema studies, media law, and ethics are all covered in this course.
The course curriculum is designed to improve students' technical and communicative skills through courses, subjects, and projects. Some colleges have their own entrance tests for media and journalism.
Eligibility: Students must have completed 12th Commerce
Top BJMC Colleges
Average Salary & Career Prospects
A student specialising in Journalism and Mass Communication can find work in the media and publishing industries. Annually the BJMC graduate earns between Rs. 2 to 10 LPA. Sound engineers, journalists, Public Relationship officers, TV Correspondents, Radio Jockey, etc., are some of the prospects after completion of the course.
Final Thought
Numerous opportunities in the humanities, business and management are available to you after completing your 12th in the commerce stream. You can check out the top career possibilities on the blog to aid you in your future endeavours. Determine your career path based on your desire to thrive in the profession you intend to follow after graduation.
Brainwonders can help you plan your career by providing you with vital potential insights into the field in which you wish to excel.
8. Research Analyst
Aspiring research analysts can pursue careers in operations, economics, finance, and equity. To enter this field, a bachelor's degree in marketing, finance, or economics is typically necessary. For those looking to further advance their education, a Master of Business Administration can bolster career prospects after several years of work experience.
Eligibility: Students must have completed12th commerce
Top Research Colleges
1) Imarticus
2) AIWMI
3) ExcelIR
4) FinTree
Average Salary & Career Prospects
The average Salary of a Research Analyst in India is 1.7 to 9 lakhs. Research
9. Marketing
Students who have completed their 12th can go for entry-level marketing jobs and can gain experience opportunities to gain experience in this relevant field. There are great marketing jobs with small firms, especially those that focus on digital marketing. To make the most of the digital marketing industry, starting with a Certificate Program in Digital Marketing is advisable. Upon completing this program, those who wish to further their expertise can take a PG course in the same subject. This will open up many professional opportunities within the field and give me an edge over other applicants.
Eligibility: Students must have completed 12th commerce
Top Research Analyst Colleges
1) IIM Bangalore
2) IIM Kolkata
3) IIM Indore
4) XLRI Jamshedpur
10. Cost Management Accountant
The Cost Management Accountant (CMA) credential is internationally recognized and highly respected in the world of commerce and accounting. It is a challenging course that requires dedication and hard work, but the reward for success is great: CMA-qualified professionals are some of the highest-paid employees in India's business sector. Pursuing a CMA qualification can be an immensely rewarding experience and one that will open up a plethora of opportunities in the future.
Eligibility: Students must have completed 12th commerce
Top CMA colleges
1) Chandigarh University
2) Dr N.G.P. Arts and Science College
3) Mansi Bharat Gada Degree College of Commerce and Science
FAQs on Career Options For Commerce Students
1. What career options are available to commerce students?
Ans Commerce students have a wide range of career options available to them, from banking and finance to accounting and business management. Other fields open to them include marketing and advertising, retail management, hospitality management, and entrepreneurial ventures.
2. Are there specialized programs for commerce students?
Ans Many universities offer specialized programs for commerce students, including Bachelor’s and Master’s degrees in accounting, business administration, finance, leadership, global business, and more. These programs are designed to provide students with the skills they need to succeed in their chosen fields.
3. Are internships important for commerce students?
Ans Yes, internships are very important for commerce students. The experience gained while completing an internship can be invaluable, and gives the student exposure to the industry they are studying. It also provides them with valuable workplace skills that will help them as they pursue their careers.
4. Are there jobs available after graduation?
Ans Yes, graduates of commerce programs will find many job opportunities available to them in their chosen field. Graduates should take advantage of career fairs and networking events to meet potential employers and learn about current job openings.
5. How can I stand out when looking for a job or internship?
Ans The best way to stand out when looking for a job or internship is to demonstrate your knowledge in your chosen field, as well as any additional skills you may have obtained through volunteer work or extra-curricular activities. Additionally, having a strong academic record and involvement in relevant professional organizations is always beneficial.
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