Career After Graduation in Commerce
You feel like after some time that this is the time when you are going to complete your graduation in commerce or may be you have just completed it, further the first thing that comes into your mind is – What should I do after that? Here are a few career options you may choose after completing your graduation in commerce. Chartered Accountant (CA) or Company Secretary (CS) A lot of students choose commerce to become a CA or CS. It is one of the best lucrative career options for all commerce students. Now a days there is a high demand for CAs and it opens up more opportunities, especially for business houses. If we see a Chartered accountants can build a career in Banking (Private & Government), Public Limited Companies, Auditing Firms, Finance Companies, Legal Firms, Mutual Funds, broking Firms, Patent Firms, Investment Houses, Copyright Registers and many more. Lecturer/Professor: After finishing your graduation program, you may go ahead to pursue a Master’s degree and the can apply for the National Eligibility Test. The NET is basically conducted to determine the eligibility of Junior Research Fellowship Award or Assistant Professor. Now A lecturer’s job provides a stable salary and gives you a chance to constantly increase your knowledge after having number of years experience in this field. Banker: To become a banker, All you need to first , complete an internship and an investment banking program and get a license. Although MBA degree improves your career options. Bankers give their customers a wealth of services and take care of their money. So what a banker does? They assist in initial stage of banking requests like setting up certificates of deposit and opening a checking or savings account as well as handling trusts, investment accounts, deposits, lines of credit and many more. First priority for a banker is ,he/she should have good communication skills, love to help people, good in sales and marketing expertise and knowledge, multi-tasking proficiency and what you can add more to enhance yourself. Government Jobs: Government jobs are the best in terms of job security and stability . Most of the government jobs have fixed working hours, good pay structure, less work stress, so if you are looking for stable career you may choose government jobs. What is the benefits? With this, you get perks and benefits like medical, housing, loans, childcare, lots of holidays etc. After completing your B.com program , you can apply for most of the competitive government job exams . you can apply for Civil Services Exams (IAS, IES, IPS), SSC CGL, Railway RRB Exams, Banking Exams (IBPS PO, IBPS Clerk, SBI PO, RBI etc.) Human Resource Development Management: Students of B. Com. can also go for a Masters in Human Resource Management. HR officials assess policies relating to personnel management and describe the effects of these policies on roles and operations within the company. There are different career opportunities available for HR like: Administrative Services Manager, Labour Relations Specialist, Human Resources Specialists, Training and Development Managers etc. Legal Adviser: A law degree has a good career scope. But all you need to do gain experience first to understand the profession and skills required to become a lawyer. You need to get a Bachelors Law Degree or LLB recognized by Bar Council of India to practice law in India. To pursue a 3-year LLB course, the minimum eligibility is s Bachelor’s degree with at least 50% marks. There is no age limit. Chief Accountant/Chief Internal Auditor: Again, one more good career choice for commerce graduates is Institute of Cost & Works Accountants of India (ICWAI) and rewarding for those who does it as I has a great career Having certificate in ICWAI course, you can pursue M.Phil. after that or PhD or join as a Financial Controller, Cost Controller, Chief Internal Auditor and Chief Accountant etc. Normally ,Cost accountants has been involved in the costing part of financial transactions. CWAs earn little bit less, starting off at an average of Rs.3 lakh p.a and getting a pay package of around 8 – 10 lakhs after 5-6 years of work experience. Certified Management Accountant (CMA): The CMA is offered by the Institute of Management Accountants (IMA) USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA). Basic skills are required for CMA are financial planning, analysis, control, decision support, and professional ethics. The certification is the most popular management accounting certification not only in the US but also in the fastest developing regions like China and the Middle East. Market Researcher: The work of a market researcher is all about to study the market trend, market competitors and before launching any new product. There are a lot of different works for a market researcher, like they have meeting and liaising with clients to negotiate and agree on research projects. Analyzing and interpreting the data to check patterns and solutions, including surveys and focus group transcript. Further, they can become research executive, senior researcher, account director etc.