The time after class 12th is very crucial, overwhelming and confusing. After class 12th, you have to take the most important and appropriate decisions of your life which will decide your career in future. If you are 12th commerce student and think that you only have limited options. Commerce goes beyond the concepts and also it is the foundation of every business. Depending on your interests and aim, you have a wide choice of opportunities to pursue irrespective of the subjects you studied in class 12th. After class 12th commerce, you can also go for a variety of courses at diploma level, degree programme , certification programme and professional course.
In this blog, you can get a comprehensive guide for class 12th commerce students on the courses you can pursue.
Understanding Commerce :
In simpler words, commerce refers to the exchange of goods and services between two or more entities. Commerce can take place between businesses, between consumers, or between businesses and consumers. The study of commerce will explore the economic, business, financial and organisational aspects that drive a country’s economy. It includes the study of areas like finance, marketing, accounting, e-commerce, trade, international business and others. In this field, you can learn about the global market and international trade between countries. commerce also provide management information and business statistics.
Academically, In addition with Science and Arts, Commerce is said to be one of the most popular streams of education. It deals with the various aspects of business, trade, accounting, financial information/transactions and merchandising. It’s a study of trade and business activities, dealing with accounting and financial activities. Accountancy, Macroeconomics, Microeconomics, Statistics for Economics, Indian Economic Development and Business Studies are the major subjects in this stream. Furthermore in higher standards, Commerce is divided into many subjects like Management, Marketing, Income Tax, Financial Management, Organisational Behaviour, Entrepreneurship & Small Business Management, International Marketing Management, Business Mathematics, Cost Accounting, Money & Banking, etc.
Overview
The bachelor of commerce, or BCom, stands out as the top choice for commerce students . It is available in two main forms : BCom Honours and BCom programme. In the commerce stream, core subjects include Accountancy, Economics, Business Studies, English, with Mathematics as optional subject. As a result, Commerce students are divided into Two categories:
1.Commerce with Mathematics
2.Commerce without Mathematics
•You can pursue BCom Honours and BCom both even so if you’ve studied Commerce with Mathematics in Class 11th and 12th. If you studied Commerce without Mathematics, then you are only eligible for BCom Programme degree.
Best Courses after 12th Commerce with Mathematics
The best courses after 12th Commerce with Mathematics include:
• BCom (Honours)
• BCom in Accounting
• BCom in Statistics
• BCom in Banking & Finance
• BCom in Applied Economics
• BCom in Accounting & Taxation
• BCom in Management Accounting & International Finance.
Best Courses after 12th Commerce without Mathematics
The best courses after 12th Commerce without Mathematics include:
• BCom (Programme)
• Bachelor of Business Administration (BBA)
• BCom in Marketing
• BCom in Tourism & Travel Management.
Best Courses to do after 12th Commerce in Detail
Along with BCom degrees , There are also some professional courses to do after 12th Commerce which are in demand very much. Let’s explore the best courses after 12th Commerce in detail.
1. Chartered Accountant (CA)
Becoming a Chartered Accountant is a prestigious and rewarding career option. CA is the most sought-after option among commerce students after class 12th. CA is a professional course which is offered by the Institute of Chartered Accountants of India (ICAI). To become a Chartered Accountant, candidates are required to clear the CA exam which consists of three levels. Candidates have to start from the foundation level, followed by the intermediate and the final level at the last. Candidates must have passed class 12 to be eligible for the foundation course. Candidates with a bachelor’s or a master’s degree can directly apply for the intermediate level. It includes Articleship training and various examinations, and CA professionals are in high demand in the fields of Auditing, Taxation and Financial Management.
• Some Successful Chartered Accountants in India are:
• Kumar Mangalam Birla – Chairman of Aditya Birla Group
• Rakesh Jhunjhunwala – Indian billionaire stock trader and investor. Also known as Indian Warren Buffet.
• Deepak Parekh – Chairman of HDFC Group
• Motilal Oswal – Founder and Managing Director of Motilal Oswal Financial Services Ltd
• Radheshyam Agarwal – Executive Chairman of the Emami Group
2. Company Secretary (CS)
A Company Secretary (CS) is responsible for ensuring that a company complies with all legal and financial regulations. The certification is issued by the Institute of Company Secretaries of India (ICSI) and is equivalent to a master’s degree. It’s also a professional course designed to equip students with the skills to become a company advisor in legal, finance and governance departments. It is a 3-year professional course that trains students to handle the legal aspects of a firm including tax returns and record keeping. Candidates aspiring to become a Company Secretary (CS), need to appear for the CSET exam. Students who have completed their 10+2 are eligible to pursue this course.
Candidates have to first enroll in the Foundation course, which is course level one. Also, after passing, students have to register themselves for the Executive course, and then the Professional program. There is a final management training round after completing the Professional level. Accomplishing that, candidates will be officially certified as a Company Secretary (CS) graduate. The Average Company Secretary’s salary in India is 6 lakhs per year.
• Some Successful Company Secretaries in India are:
• Atul H Mehta – Founder of Atul Mehta & Associates and has been awarded with ‘ICSI Lifetime Achievement Award’.
• Ashish Garg – Founder of Ashish Garg & Associates and has been recognised as one of the ‘Top 100 Legal Professionals in India’.
• N.K Jain – Corporate Advisor and Independent Director
• Jitesh Khurkhuriya – Has been awarded the ‘ICSI National Award for Excellence in Corporate Governance’.
3. Bachelor of Commerce (B.Com)
The Bachelor of Commerce (B.Com) programme is a classic choice for commerce students who wish to dive deeper into the fundamentals of commerce and economics. It is an undergraduate academic degree awarded for a course or program in Commerce. This degree programme consists of subjects like Economics, Accounting, Business law, Finance, Statistics, Bookkeeping, and other related areas. It offers specialisation in various fields such as Accounting, Finance , Taxation, and more. The duration of this course is 3 years in India, divided into six distinct semesters. B.Com can be stepping stone for further studies such as MBA or lead to many job opportunities in fields like accounting, finance and banking etc.
• Best Colleges to pursue B.Com in India are:
• Shri Ram College of Commerce – Renowned Faculty, Most Prominent, Reputed and No.1 Commerce college of Delhi University.
• Christ University – Located in Bangalore., One of the top college for BCom.
• Loyola College – Located in Chennai, Famous for College Architecture and Academic Excellence.
• Hindu College – One of Delhi’s oldest colleges, One of The Best College of Delhi University.
• Lady Shri Ram College for Women – Innovative Teaching Techniques, Famous for BCom course , Delhi University.
4. Bachelor of Business Administration (BBA)
A Bachelor of Business Administration (BBA) is a 3- year undergraduate programme that introduces students to various aspects of business management. This three-year BBA programme will develop your managerial abilities and equip you with the knowledge of business strategy, international finance, capital management, financial accounting and other business areas. It covers subjects like marketing, human resources, finance, and entrepreneurhip , making it an excellent choice for those interested in the corporate world.
The minimum eligibility criteria require students to have passed 10+2 with a minimum of 50-60% aggregate. BBA course spans 6 semesters, each focusing on BBA subjects like management basics, finance, marketing, and business law.
• Best Colleges to pursue BBA in India are:
• Shaheed Sukhdev College of Business Studies, Delhi University – Famous for its BBA Course.
• Department of Management studies, Christ University
• Maharaja Surajmal Institute, IP University
• Loyola College
5. Bachelor of Management Studies (BMS)
A Bachelor of Management Studies (BMS) is a 3- year undergraduate programme. It focuses on logical and theoretical aspects of the business field with subjects like finance, managerial economics, research and production, quality management, etc. Bachelor of Management Studies is offered in both full-time and part-time mode across Top BMS colleges in India. Candidates who wish to apply for BMS Courses must fulfill the minimum eligibility criteria, i.e., they must secure at least 50% aggregate marks in 10+2. This course mainly focuses on Management.
• Best Colleges to pursue BMS in India are:
• Shaheed Sukhdev College of Business Studies, Delhi University
• Madras Christian College, Chennai
• St. Xavier’s College, Mumbai
6. Cost and Management Accountant (CMA)
Cost and Management Accountants (CMA) specialize in cost accounting, financial management and corporate strategy. The Institute of Cost Accounts of India (ICAI) offers the CMA programme. CMAs plays a crucial role in financial planning and analysis within organizations.
It is a 3-year certificate programme that focuses on financial understanding to ensure that organisations are proficient and profitable with meaningful financial data and analysis. The main aim of the CMA course is to prepare students for working in various enterprises and corporate capacities to deal with various management and financial related problems.
Eligibility : The minimum age for applying for the CMA course is 17 years, which means that aspirants can apply once they have turned 17.
7. Bachelor of Economics (B. Ec0n)
A Bachelor of Economics (B.Econ) is an academic degree awarded to students who have completed undergraduate studies in economics. It is a 3-year undergraduate programme often pursued by students intending to make it in the banking and financial service sectors. This program delves into economic theory, policy analysis, and statistical methods, preparing students for careers in economic research, financial analysis, and government organisations. The curriculum focuses on demand and supply, the Indian economy, national income, inflation and deflation, etc.
• Best Colleges to pursue (B.Econ) in India are:
• Hansraj College, Delhi University
• Aligarh Muslim University, Aligarh
• Jamia Millia Islamia, New Delhi
• Gargi College, Delhi University
8. Bachelor of Commerce in Taxation (B.Com- Taxation)
B.Com with a specialization in taxation is an ideal choice for students interested in taxation laws, compliance, and advisory services. It provides a deep knowledge and understanding of tax regulations and opens doors to careers as tax consultants, tax analysts, or in tax advisory firms.
9. Association of Chartered Certified Accountants (ACCA)
The Association of Chartered Certified Accountants (ACCA) qualification is a globally recognized certification in accounting, audit, and finance awarded by the ACCA body in the United Kingdom. It is the world’s oldest CA program and has a structure consisting of three levels, namely Knowledge, Skill, and Professional. ACCA is accepted in 180 countries and is known as the global CA because it provides better career opportunities worldwide. The ACCA Course prepares professionals for various domains such as accounting, auditing, taxation, management, finance, investment banking, corporate finance, forensic audit and consulting. this course take 3-4 years of completion.
10. Actuarial Science
To become an Actuary, candidates should be from a science or commerce background with Mathematics/Statistics as their core subject. Aspirants can engage themselves in investment firms, hospitals, large corporations, government departments and consulting firms, after pursuing a degree in any of the actuarial courses. Institute of Actuaries of India (IAI) is a statutory body to become an Actuary.
11. Event Management
Event Management is an emerging field that involves planning and organizing various events such as weddings, seminars, conferences and corporate meetings etc. A certification course in event management can lead to a career opportunity as a event planner or manager. A student can pursue its diploma in event management from New Delhi institute of Event Management. The courses offered in various management institutions are BBA in Event Management and Public Relations, MBA in Event Management, PG Diploma in Event Management , Diploma in Wedding Management, and Certificate Program in Corporate Events and Brand Orientation.
12. Digital Marketing
Digital Marketing has gained immense popularity due to the increasing online presence of businesses. Pursuing a certification course in Digital Marketing can open doors to career opportunities in online marketing, social media management, and Search Engine Optimization (SEO). It also includes career in website designing such as Blogging website, Business website and E-commerce website. Freelancing is also another career option after pursuing Digital Marketing course.
Some Other Off- beat Career Options after 12th Commerce
• Law
• Hotel Management
• Computer Applications
• Information Technology (IT)
• Marketing
• Cyber Security
• Fine Arts
• Travel and Tourism
• Journalism and Mass Communication
• Financial Analyst
Summary
These are some of the best courses to pursue after class 12th Commerce. These courses helps in developing skills and overall personality. These courses includes degree programmes, certification programmes, and professional courses. Every course has its own Uniqueness, Eigibility and Time span for completion. Each of these courses helps in building career opportunities and success in future. Each and every course has its own subjects and methods to learn . Every course has its own institutions, associations to pursue them. Hence, These are some career options which you can consider after completing your 12th Commerce.
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