A Foray into Career in Commerce after 12th

A Foray into Career in Commerce after 12th

A Foray into Career in Commerce after 12th
Manoj Dahal

A career in commerce after the 12th can be an exciting and challenging path for students passionate about business, finance, and economics. The field of commerce is vast and offers a wide range of opportunities for students interested in pursuing a career in this field. This essay will explore the different career paths available in commerce, the skills required to succeed, and the education and training needed to enter the field.

  1. Accounting: Accounting is the recording, classifying, and summarising of financial transactions to provide helpful information for decision-making. Accounting may be the right career path if you are interested in numbers, have a good understanding of mathematics, and are detail-oriented. An accounting degree will equip you with the knowledge and skills required to perform financial analysis, prepare financial statements, and advise clients on tax planning. With an accounting degree, you can work as a certified public accountant (CPA), financial analyst, cost accountant, or auditor.
  2. Finance studies how businesses, organisations, and individuals make and manage money. If you are interested in understanding how organisations make decisions about investments, capital structure, and risk management, finance may be the right career path for you. A finance degree will provide you with the skills needed to analyse financial data, make investment decisions, and manage portfolios. You can work as a financial analyst, investment banker, or financial advisor with a finance degree.
  3. Marketing: Marketing is promoting products and services to potential customers. Marketing may be your right career path if you are creative, have good communication and interpersonal skills, and are passionate about promoting products and services. A marketing degree will equip you with the knowledge and skills required to conduct market research, develop marketing strategies, and advertise products and services. With a marketing degree, you can work as a market research analyst, brand manager, or advertising executive.
  4. Economics: Economics is the study of how individuals and organisations make decisions about how to allocate resources. Suppose you are interested in understanding how the economy works, how individuals make decisions about consumption and production, and how organisations make decisions about investment and hiring. In that case, economics may be the right career path for you. An economics degree will provide you with the skills needed to analyse macroeconomic data, understand econometric models, and make policy recommendations. You can work as an economist, market analyst, or policy advisor with an economics degree.

In addition to these traditional commerce-related careers, there are many other career opportunities, such as business management, entrepreneurship, and e-commerce. To succeed in a career in commerce, it is vital to have strong analytical and critical thinking skills, good communication and interpersonal skills, and the ability to work well in a team. You should also be willing to continuously learn and stay up-to-date with the latest developments in the field.

To enter a career in commerce, you will typically need to obtain a bachelor's degree in a related field, such as accounting, finance, marketing, or economics. Some careers may also require additional certifications, such as a CPA designation for accountants or a chartered financial analyst (CFA) designation for finance professionals. Furthermore, some careers may require several years of work experience before you can advance to higher-level positions.

Options after 12th in Commerce

After completing 12th in commerce, several career options are available to students. Some of the popular choices are:

Bachelor of Commerce (B.Com): B.Com is a popular undergraduate degree program in commerce that covers subjects like accounting, finance, economics, business law, marketing, and management.

Chartered Accountancy (CA): Chartered Accountancy is a professional course that requires students to study subjects like accounting, taxation, audit, and financial management. After completing the course, students can work as accountants, auditors, tax consultants, and financial advisors.

Company Secretaryship (CS): Company Secretaryship is a professional course that prepares students for careers in corporate law, secretarial practices, and governance.

Cost and Management Accountancy (CMA): Cost and Management Accountancy is a professional course that focuses on cost accounting, management accounting, financial management, and strategic management.

Bachelor of Business Administration (BBA): BBA is an undergraduate degree program in business administration that covers marketing, finance, human resource management, and operations management.

Bachelor of Management Studies (BMS): BMS is an undergraduate degree program in management studies that cover management principles, business laws, financial management, marketing management, and human resource management.

Bachelor of Financial and Investment Analysis (BFIA): BFIA is an undergraduate program in financial and investment analysis focusing on subjects like financial management, investment analysis, and portfolio management.

Bachelor of Commerce (Honors): B.Com (Honors) is an undergraduate program focusing on specialised subjects like marketing, finance, accounting, and economics.

Top College in India after 12th

There are several top colleges in India for students after 12th in commerce. Some of the top colleges are:

  • Shri Ram College of Commerce (SRCC), Delhi: SRCC is one of India's oldest and most prestigious colleges for commerce. It offers undergraduate and postgraduate programs in business and economics.
  • Loyola College, Chennai: Loyola College is a leading college in South India that offers undergraduate and postgraduate programs in commerce and economics.
  • St. Xavier's College, Mumbai: St. Xavier's College is a renowned college in Mumbai that offers undergraduate and postgraduate programs in commerce and economics.
  • Lady Shri Ram College for Women (LSR), Delhi: LSR is one of the best colleges for women in India that offers undergraduate and postgraduate programs in commerce and economics.
  • Hindu College, Delhi: Hindu College is a top college in Delhi that offers undergraduate and postgraduate programs in commerce and economics.
  • Christ University, Bangalore: Christ University is a leading college in Bangalore that offers undergraduate and postgraduate programs in commerce and economics.
  • Mount Carmel College, Bangalore: Mount Carmel College is a top college for women in Bangalore that offers undergraduate and postgraduate programs in commerce and economics.
  • Fergusson College, Pune: Fergusson College is a leading college in Pune that offers undergraduate and postgraduate programs in commerce and economics.

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