CAREER OPTIONS AFTER 12TH WITH COMMERCE!
The commerce stream after completion of Class 10 is quite a popular choice in India, as most students feel that the stream offers them a wide arena of career options to pursue after class 12 that would bring them both success as well as financial security easily. However, what most students do not realize is that just as is the case with the science stream, a student also needs to have a certain aptitude for commerce to be completely successful in it. Commerce as a stream of education can be defined as a study of trade and business activities such as the exchange of goods and services from producer to final consumer. The main subjects that are taught in the Commerce stream in Class 11 and 12 include Economics, Accountancy,and Business Studies. Choose this field if you have a genuine interest in these subjects and have an affinity for numbers, the economy,and business. The career prospects in commerce and its interdisciplinary domains such as Banking, Chartered Accountancy, Company Secretary, Economics, Stock Broking, Cost Work,and Accountancy, and Agricultural Economics are extremely bright. B.Com along with Chartered Accountancy or MBA will pay you to a larger extent. These degrees will able to pay you to have a good position in public and private organizations. If you are ambitious and hardworking, you may also make your niche in the field if financial engineering. Choosing CA after 12th is interesting and challenging options. It shouldn’t club with B.Com or other courses. After graduation in commerce, one can choose M.Com, Business Economics, Finance Control, MA Economics MA operational and Research Statistics at Postgraduate level. Some interesting options to choose after 12th 1. B.COM. B.Com. stands for Bachelor of Commerce. This is a course that most 12th Commerce stream students pursue after schooling! And there are many reasons why this course is so popular. First of all, the level of academic difficulty associated with this course is not too high. That means it is relatively easy to go through the program and you can easily obtain a Degree. Another advantage is that it allows students to venture on to other fields. It is one course which will open up new job options and also goes well with other courses such as M.B.A., Vocational courses, Skill oriented courses etc. Also, there are a number of Private as well as Government Institutes offering B.Com. Programs throughout India! So, finding a College won’t be too difficult a task for 12th passed Commerce stream students. When it comes to B.Com., course the duration is of 3 years. After its completion, students may go for M.Com., which is a Masters program. M.Com. will take 2 years to complete. After B.Com.-M.Com., one may easily get a job in the teaching sector. Other than that, there are numerous job opportunities for B.Com. graduates in Private and Government sectors. There are many Government job posts for which B.Com. graduates may apply. And there are many accountancy, finance and clerk posts available in Private companies, for which B.Com. graduates can apply. 2. LAW Usually, only Graduates are allowed to pursue L.L.B. But, thanks to new rules, it is also possible for 12th Commerce students to pursue Law course from Law schools after schooling. But to do so, they will have to select an integrated Law course! Such integrated courses last 5 years. These Integrated courses are a combination of a Degree course and traditional L.L.B. course. For example- B.Com. and L.L.B./ B.A. and L.L.B. etc. Talking about job opportunities, one may take up job in any law firm at the beginning. Gradually, one may start on one’s own private practice, start a consulting firm or even start an own law firm! 3. C.A. (CHARTERED ACCOUNTANCY) C.A. stands for Chartered Accountant. The job of a C.A. is to see to it that the financial affairs of businesses and companies are in accordance with the laws set by Government authorities. Their tasks include looking into tax affairs, look into financial transactions through auditing, creating necessary reports etc To become a C.A., one has to successfully complete Chartered Accountancy course and become a member of ICAI (Institute of Chartered Accountants of India). In the case of 12th Commerce passed students, they may start off by applying for CPT (Common Proficiency Test). This test is managed by ICAI. Once CPT is cleared, students have to appear for C.A. Intercourse. After completing C.A. Inter exam and doing Information Technology Training Course, one may appear for C.A. Final exam! After clearing the final exam, one is said to have completed Chartered Accountancy test and become a C.A.! Studying involved in becoming C.A. is tough. But at the same time, the career prospects are exciting. After becoming a C.A., one may take up positions related to the Finance department in Private companies as well as Government Enterprises. After gaining some experience, one may also start working independently, offering consultation services as well as operating as a private auditor who may be hired by companies and businesses. 4. B.B.A. B.B.A. stands for Bachelor of Business Administration. It is a 3 years long Degree course. After completion, one may also follow it up with an M.B.A. (Master of Business Administration) Degree too. After B.B.A., one may land managerial jobs in the private sector. Though jobs are available for B.B.A. graduates in the Government sector, the private sector offers more opportunities! Many MNCs recruit talented B.B.A. graduates to deal with management and finance related posts. 5. BACHELOR OF ECONOMICS Why we mentioned this course here is that Commerce stream students will find it relatively easier to deal with B.Economics. or B.A. Economics. After completing this course (which lasts 3 years), one may land jobs in private as well as Government sector. There are many Government posts, which B.A. Economics graduates are eligible to apply for! And in the private sector, companies hire graduates to take up posts related to finance. 6. C.S. (COMPANY SECRETARY) COURSE For any company to function properly, a company secretary is needed! And to become a C.S., one has to appear for Company Secretaryship course and clear the exams associated with the course. ICSI (Institute of Company Secretaries of India) is the Institute that has been tasked by the Government to conduct the course as well as examination! In case of 12th Commerce passed students, to get selected for the C.S. course offered by ICSI, they must go through a 3 stage program. The three programs are- Foundation Program Executive Program Professional Program 7. HOSPITALITY DIPLOMA COURSES When it comes to Hospitality courses, the eligibility criteria is not very strict. Even 10th passed students may pursue Hospitality Diploma courses! But on the other side, such courses possess good value too! I must say that they are job oriented courses. I’ve already published an article where I’ve listed some good Hospitality Diploma courses. Please go through that article to get more details about the different hospitality courses. Important subjects present in Hospitality Diploma courses- Food Production Front Office Operations Human Resource Management Housekeeping and Maintenance Communication Skills Travel Management Accounting 8 ANIMATION AND MULTIMEDIA COURSES Commerce stream students may go for certificate/diploma/degree course when it comes to animation and multimedia field. Job opportunities are available in ample amounts. Particularly after the success of many animation movies, animation artists are in demand Based on the nature of the course program, its duration may vary from 6 months to 3 years. 9 JOURNALISM AND MASS COMMUNICATION When it comes to this field, Diploma, as well as Degree programs, are available. Based on the program, the duration may be between 1-3 years. Talking about job opportunities, one may get a job in major media houses, both print as well as digital media. Important subjects present in Journalism and Mass Communication courses- Media Ethics Mass Communication Editing Reporting Languages and Translation Communication Skills Electronic Media Print Media 10. EVENT MANAGEMENT COURSE Certificate, Diploma as well as Degree courses are available when it comes to Event Management. Course duration varies between 1-3 years, depending upon the program. I’ve already written a detailed article about Event Management courses. Please go through that article to get more details such as career prospects, list of Institutes offering Event Management Course etc. Important subjects present in Event Management courses- Study of main events Planning Human Resource Management Accounting Marketing and Advertising Public Relations Business Laws 11. FASHION DESIGN AND TECHNOLOGY To thrive in this field, you need to have creativity as well as interest towards fashion and designing. This is a vast field. There are different small sections within this field such as- apparel designing, accessories designing etc. Different programs such as a diploma, a certificate as well as degree courses are available. Depending on the program, the duration of the course may be 1-4 years. Talking about job opportunities, private sector jobs are available, which one may take up. Also, one may start up on one’s own too! 12. HOTEL MANAGEMENT A job oriented course this one is! It certainly has got elements of the hospitality sector. But, degree course in Hotel Management is more valuable than the hospitality diploma courses that I mentioned above. Course duration is 4 years, in case of Degree course. And when it comes to job opportunities, there are jobs available in both Private as well as Government sectors! Job Opportunity in Commerce More or less, all the organizations have financial managers, treasurers, controller, credit manager, and other financial staff who made their financial reports for tax and other requirements. The employment opportunities in commerce fields are lucrative. The door of both private and public organization is open for commerce graduates. They may work in this organization as Manager, Auditors, Specialist, Consultant, Management Executive, Account Executive, Junior Accountant, CA, Book Keeper, Entrepreneur etc. The importance of commerce graduates further increases after sea changes in various parameters of Indian Economy like bank deposits, mutual funds, stock markets, venture capital, insurance schemes,and portfolio management. Teaching may also be one of the options after pursuing higher studies. Colleges that offer Commerce Courses There are many colleges and Institutes, which are offering commerce degrees. Here given the list of some of the top 10 Commerce Institutions in India. Shri Ram College of Commerce (SRCC), Delhi Loyola College, Chennai Xavier’s College, Kolkata Presidency College, Chennai Symbiosis Society’s College of Arts & Commerce, Pune Joseph’s College, Bangalore NarseeMonjee College of Commerce & Economics, Mumbai BM College of Commerce, Pune Xavier’s Mumbai College of Commerce, Patna