After 12th, there are many rewarding and challenging career options available for commerce students. As a student, you have the advantage of choosing from a range of professions that not only promise lucrative salaries but also offer significant job satisfaction and growth potential. With a strong foundation in business principles, accounting, and finance, commerce graduates are well-equipped to pursue various careers in fields like finance, management consulting, data analytics, and more.
Many colleges are offering lucrative courses for commerce students. One of the best engineering colleges in Chennai, the Hindustan Institute of Science and Technology(HITS), offers the best courses for 12th commerce students to kickstart their enriching careers.
But with so many career options in commerce, where do you even begin? Fear not, future business leaders! In this blog, we will dive deep into some of the best career options for commerce students, providing insights into the roles, required qualifications, and potential career paths.
Most Popular Commerce Courses After 12th
Bachelor of Commerce
The Bachelor of Commerce (B.Com) is a three-year full-time undergraduate degree program designed to equip students with a comprehensive understanding of commerce, banking, and financial services. This program is the best career option for commerce students as it prepares them to get jobs in the banking and financial sectors, while also serving as a foundation for further education in related fields.
Graduates with a B.Com degree can opt for various roles such as Financial Analyst, Accountant, Tax Consultant, and Accounts Manager. The average salary for B.Com graduates typically ranges from INR 2 Lakh Per Annum (LPA) to INR 9 LPA, depending on factors such as experience, location, and the specific industry.
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Check out the blog about high salary courses after 12th commerce for a promising career.
Bachelor of Business Administration
Bachelor of Business Administration(BBA) is a three-year undergraduate course pursued by students to build careers in wealth and management. It is one of the best career options for commerce students as it opens diverse jobs in various fields such as management, finance, accounting, and other fields related to business. The BBA program offers many specializations, such as Banking and Fintech, Sports Management, Digital Marketing, Aviation Management, Hospital Management, etc.
After completing the program, students can become Finance Executives, Development Analysts, or Business Consultants. Salary ranges between INR 3 LPA and INR 10 LPA. Some of the top BBA Course recruiters are Microsoft, Deloitte, IBM, TCS, etc.
Bachelor of Economics
Economics is considered the best career option for commerce students for those who have logical, mathematical, and accounting along with good communication skills. The economic courses offer the students the ability to work in various sectors such as Government Agencies, Financial Institutions, Corporations, Consultancies, and Educational Institutions.
The students can opt for roles such as Investment Banker, Economist, Actuary, Financial Analyst, and Stockbroker. Some of the top recruiters of Economics graduates are Bank of Baroda, HDFC Bank, Alice Blue, Paytm Money, Deloitte Consulting Services, and Axis Bank.
Bachelor of Law
After completing commerce, a Bachelor of Law(LLB) also emerges as one of the best career options for commerce students with enormous scope. Governed by the Bar Council of India(BCI), LLB offers students to become lawyers or advocates. They can opt for many job roles and designations for LLB graduates in India, including Advocate, Corporate Lawyer, Legal Advisor/Consultant, Legal Analyst, and many judicial positions.
Top Career Options for Commerce Students With Math
1. Chartered Accountant
Chartered Accountants is one of the prestigious and highly rewarding career options for commerce students. They not only keep track of the company’s finances but are also crucial in developing the country’s economy. The chartered accountant is involved in a diverse range of responsibilities including tax planning, capital budgeting, forecasting, and providing financial guidance to businesses and organizations.
The basic CA eligibility requires the students to complete at least 50% in class 12 from a recognized board. The students should complete the course exam conducted by the Institute of Chartered Accountants of India, which involves three levels, CA Foundation, CA Intermediate, and CA Final. The students can become chartered accountants successfully after completing the above three levels.
Aspiring students can start their careers as assistant accountant or in a junior position. Then slowly progress to roles like Senior Accountant, Finance Manager, and Chief Financial Officer (CFO), or even you can start your own CA firm. The average salary for a CA in India is 3 LPA.
Are you fresh out of 12th grade and wondering about what courses to study after 12th? Read on What to Study after the 12th to know more details.
2. Company Secretary
The company secretary equips the students with the knowledge and skills to become key advisors to companies on legal, financial, and governance matters. It has a broad scope and offers the best career options for commerce students after 12th.
One of the best career options in commerce is the company secretary trains students to handle tax returns and record keeping. The candidates should successfully pass the 12th from any recognized board with a minimum of 50% marks.
After completing the company secretary, the student can opt for various roles such as legal counselors, human resource managers, legal managers, and executive assistants and expect an average salary for the company secretary is 7 LPA.
3. Certified Financial Planner
Considered one of the best career options for commerce students, certified financial planners can find lucrative and high job opportunities in various sectors such as private banking sectors, mutual & insurance companies, wealth management companies, investment consultancy firms, etc. The students interested in pursuing this course should enroll in a certified financial planner course after completing the 12th.
After completing the course, the graduates can opt for highly reputable job profiles that are Financial Advisor, Wealth Advisor, Cost Analyst etc. The average annual salary of around INR 3-5 LPA depending on the companies, location, etc.
4. Investment Banker
An Investment banker is a consummate professional who manages the overall finances and decisions of the company, government, or a set of investors. These professionals help companies raise capital, set prices of securities, issue stocks, and negotiate merger and acquisition deals. To become an investment banker, you should pursue a degree in finance, economics, or a related field.
The top recruiters are Goldman Sachs, Merrill Lynch, JP Morgan, and HSBC, making the investment banker one of the best career options for commerce students. The average salary you can get is between the range of 4 to 6 LPA.
5. Financial Analyst
Financial analysts play a vital role in the finance and investment industry. They procure, manage, and analyze financial data for companies and organizations, making financial analysis one of the best career options for commerce students. To understand the influences of the market, economic sectors, and industries, financial analysts examine both microeconomic and macroeconomic conditions. They also suggest actions companies can take to achieve a particular goal.
Many types of organizations hire financial analysts, including investment banks, insurance companies, mutual funds, hedge funds, pension funds, securities firms, investment firms, private equity groups, venture capital firms, government agencies, and others. The average salary the student can expect is 4 LPA.
Also read: How to apply for college online for a seamless college application process.
6. Certified Public Accountant
A certified public accountant(CPA) is a financial and accounting practitioner certified by the American Institute of Certified Public Accountants (AICPA). CPAs often handle the accounting, tax, reporting, and/or audit processes for governments, corporations, or individual clients. Their duties may vary based on their employment and area of expertise.
CPA is one of the best career options for commerce students, where they can start with an initial salary of INR 6-7 LPA, which can go up to INR 15-20 LPA with experience.
7. Cost Accountant
According to the Equity Brand India Foundation, Cost Accountants will see a massive rise in job opportunities till 2028, making it one of the best career options for commerce students after the 12th. They are responsible for collecting, adjusting, auditing, and scrutinizing financial data. They mainly help the management in budget preparation and profitability analysis.
To become a Cost Accountant, the aspirant needs to complete the Cost and Accountancy Course from the Institute of Cost and Work Accountants of India. Students who have completed 10+2 in the commerce stream are eligible to apply for the foundation course. After completing the bachelor's degree course in Accounting & Finance, candidates are eligible to apply to the subsequent two levels. Top recruiting companies such as PricewaterhouseCoopers, Bain & Company, Deloitte, and Boston Consulting Group can hire cost accountants. One can expect a salary range of 4 - 7 LPA depending on the location and organization.
Career Options For Commerce Students Without Math
8. Digital Marketer
Some career options in commerce do not require additional qualifications, one such profession is Digital marketers. The professionals play a pivotal role in leveraging online platforms to promote brands, products, services, etc. A digital marketer can also help in identifying and evaluating new technologies by using web analytics tools to measure website traffic to optimize marketing campaigns, email marketing, social media and display advertising.
Currently, companies like Amazon, TCS, Google, and Accenture offer some of the highest salaries in the digital marketing field, ranging from INR 2 LPA to 10 LPA per annum for various roles. Popular digital marketing positions include Digital Marketing Manager, Executive, Specialist, and Analyst, as well as SEO Manager, Specialist, Executive, and Email Marketing Manager. These roles are in high demand and offer lucrative compensation packages, making it one of the best career options for commerce students.
9. Relationship Manager
Relationship Manager plays a crucial role in maintaining relationships with a company's customers, handling queries, and complaints, and providing general information and sales support. This role offers long-term sustainability and growth potential within the business sector, making it one of the best career options for commerce students.
10. Data Analyst
One of the upcoming career options for commerce students, the data analyst job role offers a promising career with a focus on analytics and interpretation of data. Data Analysts work with data collection, analysis, and interpretation, utilizing tools like SQL, Python, and R to extract and manipulate data. They are in high demand across various sectors like finance, insurance, banking, e-commerce, etc.
One can expect an average annual salary of 4LPA after completing a bachelor’s degree in mathematics, statistics, business, computer science, economics, etc. Top companies like Deloitte, Accenture, EY, Google, Amazon, KPMG, JP Morgan Chase, Microsoft, Walmart Labs, and CitiBank are among the top recruiters.
Conclusion
In conclusion, the career options for commerce students after the 12th are vast and promising. With a plethora of rewarding and challenging career paths available, commerce graduates are well-positioned to start their careers filled with growth, satisfaction, and financial stability. By exploring the above potential career options in commerce, aspiring business leaders can pave the way for a successful and fulfilling career in the ever-growing field of commerce.
HITS offers an extensive selection of courses in Undergraduate and postgraduate programs, Doctoral programs, Online programs, and various disciplines. Renowned as one of the best engineering colleges in Chennai, we offer the best courses for 12th commerce students for promising career paths.
So why wait? Apply now and kickstart your high-rewarding career in the dynamic world of commerce field.
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