Though most of the people choosing science as a career option like to believe and students who score fewer marks opt for commerce, this isn’t true. Commerce offers a plethora of career options, some of which constitute the country’s backbone. Commerce opens up the door for many highly rewarding professions in India. Let us take a look at the top 5 career option after 12th for commerce students.
Bachelors of Commerce (B.Com )
This is one of the most popular choices for Career option after 12th—Bachelors of Commerce (B.Com). B.Com is a 3-year degree course opted by students of commerce stream after class 12th. In 3 years, students are taught the fundamentals of finance and Accounting. After completion Of B.COM, you can opt for higher degrees like M.COM, MBA, and so on. Anybody can pursue B.Com as a full-time course or as correspondence depending upon the individual.
The vital subjects of this course are:
• Corporate Accounting
• Income Tax
• Company Laws
• Business Communications
Bachelors of Business Administration + Masters of Business Administration (BBA+ MBA)
Bachelor in Business Administration is a 3-year degree course opted by the students who have commerce in their 12 class. In this degree course, students are given knowledge about the Market environment, Strategies, Fundamentals of Business, and so on. This course is beneficial for those students who want to pursue an MBA in their future, ones who have a keen interest in business or students who are business-minded.
Any student who has completed Class XII or equivalent in any stream with at least 50% marks in aggregate can pursue BBA.
The vital subjects of this course:-
• Foreign Trade
• Human Resources etc
Chartered Accountancy (CA)
This is a tough but one of the most successful career option after 12th. Chartered Accountant is a designation known to an accounting professional who has standard certification from a constitutional body that he/she is qualified to take care of the matters related accounting and taxation of a business, like an audit financial statements, file tax returns, and business practices, maintaining proceedings of investments, preparing and reviewing financial reports and credentials. A Chartered Accountant is also qualified to present advisory services to clients who comprise companies and individuals. The three stages of completing a Chartered Accountancy
degree in India are:-
CA- CPT (Entrance)
This is a 3-year degree course opted by the students who have commerce in their 12 class. In this degree course, students are given knowledge about the legal aspects, Rules and Regulations, corporate law, taxation law, and allied domains. You might already hear about “lawyer” or “advocate” by choosing LLB as a course one can become a lawyer or advocate in the future after registering in the BAR council of India. The Bar Council of India (BCI) is the main body in Law Education in India.
If you are fascinated with the insurance industries- life insurance, general insurance, health insurance, etc., you can opt for actuarial science. To get started with actuarial science course, you will have to clear the Actuarial Common Entrance Test (ACET). Once you clear the entrance, you need to register at the Institute of Actuaries of India (IAI). To complete the course, you need to clear 15 examinations conducted by IAI; however, after clearing 4-5 exams, you can start
working as an actuary. The service of actuary demands to calculate the financial impact on uncertainty. For instance, in case of life insurance, an actuary needs to figure how much the insurance company needs to pay the insurance holder in case of death of the later. Though this is one of the toughest courses to pursue, if you fancy numbers- maths and statistics, you’re going to enjoy it.
It is recommended to determine your area of interest while you’re perusing 12th so that you can start preparing for entrances immediately after the board exam. Choose a course that catches your attention and is best suited for you.