As discussed in Advice and Options After 10th Grade blog, a student has the option of taking up the commerce stream after 10th. As a commerce student, you are now introduced to the core subjects like economics, business studies and accountancy.
Commerce students have the advantage of getting a wider choice of courses to choose from after 12th. They can also choose courses that are purely meant for the arts stream.
Career options in Commerce are plenty and the market is flooding with new opportunities every day. There are a number of top company executives that are commerce graduates and are earning hefty pay packages.
Let us now look at the 7 options after 10+2 commerce stream:
1. Bachelor of Commerce
One of the most popular courses after 10+2 Commerce is B.Com. Students can pursue this course even after attempting 10+2 in Science and arts stream, though commerce students will be more adept with the core subjects.
Eligibility
Students can take up B. Com course after securing minimum marks in the 10+2 examinations of any Board. Some colleges have their own cut off marks and entrance examinations for the B. Com course.
Job Prospects
A B.com graduate has job prospects in the corporate sector. B.com graduates can find jobs as a digital marketer, financial analyst, stock broker and similar job opportunities.
On completion of B.Com, students can opt for various additional courses to supplement the graduation in B.com.
Recruiting industry
- Corporate sector
- Finance sector
2. Bachelor of Commerce [Honors]
B.Com (Hons) is a three year course. The course differs from B. Com in its curriculum. The Honors course prepares students for certificate courses that can be pursued after the B.Com course such as CA, CFA etc.
Eligibility
10+2 Commerce
Job Prospects
Students taking up B. Com with honors are well prepared to take up more professional course after the completion of this three year course.
Recruiting Industry
- Corporate sector
- Finance
3. Bachelor of Business Administration
Business administration is the management of a commerce or business establishment. As the name suggests it covers the administration of the business operations of a company.
Eligibility
A student can pursue the BBA course after completing 12th grade in any stream. The duration of the course is usually 3 years.
Job Prospects
On completion of a degree in BBA students can opt for jobs in administration. The corporate sector hires a number of BBA graduates for administration purposes.
A business Administrator looks into the days to day functioning of the company affairs. Business Administrators can also look into the HR department of a company
Recruiting Industry
- Corporate industry
- Hospitality industry
4. Chartered Accountancy
Students who have completed 12th grade can also opt for a career on chartered accountancy. Though the examinations are considered tough, students who have an inclination liking for accounts can opt for this course
Eligibility
Students can opt for this course after completion grade 12 from the commerce stream. The course has different levels which students are required to clear. The degree is offered by the Institute of Chartered Accountants of India
Job Prospects
Chartered Accountants are one of the highest paying jobs in the commerce sector. The subjects in the course are finance oriented with additional law subjects.
Chartered Accountants can secure jobs in finance companies or start a private practice.
Recruiting Industry
Almost all industries require chartered accountants to manage accounts and finances.
5. Cost Accountant
The certification for the cost Accountancy course is offered by the Institute of Cost Accountants India. It basically deals with the cost of products manufactured and sold by a company.
The core subjects’ students have to study under this course include taxation, corporate law, cost accounting and management among others.
Eligibility
Like the Chartered Accountancy course, the cost Accountancy course is made up if three levels namely- foundation, intermediate and final examinations.
The course also includes three years of practical training. The course can be taken up by students who have secured minimum marks in the 12th board examination in the commerce stream.
Job Prospects
The financial sector has a number of options available for cost accountants. Apart from finance several manufacturing industries require the expertise of a cost accountant.
Recruiting Industries
- Finance sector
- Corporate sector
- Banking
- Research sector
- Manufacturing companies
6. Company Secretary
The certification for a company secretary is given by the Institute of Company secretaries of India. The course comprises of three levels- Foundation, intermediate and Final examinations.
Some of the core subjects under this course are Business Management, Company Law, Taxation and economics among others
Eligibility
The course comprises of two types. The first type can be pursued by students who have cleared 12th grade under a recognised Board from any stream.
However, students from the commerce stream are likely to more adept with the subjects under this course. The second type is after the completion of graduation under any streams excluding Fine Arts.
On completion of graduation, students can apply for the Company Secretary course which comprises of two levels Executive program and professional program.
Job Prospects
Company Secretaries are the most sought-after jobs. On completion of the Company Secretary course, the private sector, banks and other financial institutions have a wide range of opportunities.
Recruiting Industry
- Corporate Sector
- Private Practice
- Banking
- Government
- Financial Institutions
- Stock Exchange
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7. Bachelor of Financial and Investment Analysis
This course is a specialised professional course related to finance.
Eligibility
Students appearing for this course must have passed 12th grade under any recognised board. The course is divided into 6 semesters.
The core subjects in this course are statistics, Accounting, corporate tax, corporate and management tax
Job Prospects
This course concentrates on the financial Aspects of business. Therefore, jobs in the financial sector are abundant in this field.
Recruiting Industries
- Corporate industry
- Banking
- Investment banking
- Private Equity funds
