What are the career options open for commerce students? What can we do apart for CA/CS/CMA? What are the most earning job opportunities? What is the most demanding skill in 2021?
Career options in commerce
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What are the career options open for commerce students? What can we do apart for CA/CS/CMA? What are the most earning job opportunities? What is the most demanding skill in 2021?
Here are some of the best career options for commerce students. First of all choosing your career in commerce is a good choice. The best career choice for commerce students is
They can pursue:-
BCOM (Bachelors of Commerce)
This degree is the most customary course that sets a firm base for understanding commerce.
It is a 3-year graduate degree that provides curricular knowledge on subjects like-
Accountancy
Statistics
Management
Human resources
Computer
Economics
BBA(bachelor of business administrator)
It is a common choice amongst students who have decided to join companies or run their own firms, The starting stages of their career.
This is a 3-year graduation program
Provides subjects like:-
Principles of management
Business economics
Marketing management
Corporate operations
Financial management
International business
CS(company secretary)
Students with an inclination towards theoretical courses in law choose this course.
It provides an understanding of the legal purposes and agreements of companies.
CFP(certified financial planner)
The financial planning standards Board India (FPSB) administers and supervises these professional courses.
It is for students who have an interest in financial planning subjects.
Bachelor of Economics
It is a 3-year graduation program
In this student studies about –
Microeconomics
Macroeconomics
Econometrics
Statistics
History of economics
Political economics.
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These are the best career opportunities for commerce students.
Investment Banker
An investment banker’s role is to provide financial advice and recommendation to clients.
It is one of the highest-paid jobs for commerce students, based on experience the average salary for a mid-career investment banker in India is Rs 16,50,000 LPA.
Chartered Financial Analyst
It is one of the most popular globally recognized career jobs.
Starting salary for CFA is Rs 8.5 LPA.
Certified Public Accountant
It handles the taxation, auditing, reporting, and Accounting process of certain clients and corporations. It is one the best commerce stream job which can provide you financial security. CPA is similar to CA but their Institutes are different. Starting salary for CPA Rs. 7 LPA.
Actuary
Actuaries are individuals who assess the risk involved in the insurance industry.
Risk like- Property loss, disability, hijacked money. The average salary for the Actuary is Rs. 8 LPA if someone has experience of 1-4 years.
Cost Accounts
They are those who help in making budgets, managing costs and assets of a company. It is one of the Generally employed by manufacturing firms.
The average salary is Rs. 5 LPA.