If you have completed 12th class from Commerce stream, then now you have a lot of career options. Many students get confused here as to which field to go into, which course to choose, and where to start. The good thing is that Commerce stream gives you such courses and career options, in which not only can you get a good job but you can also start your own business if you want.
Let us know in detail one by one which paths you can move forward after 12th Commerce.
1. Undergraduate Courses – Foundation of Career
The first step after 12th is to choose the right undergraduate course for yourself.
(a) Bachelor of Commerce (B.Com)
This is the most popular course which focuses on Finance, Accounting and Business Management.
In this, you study subjects like Accounting, Audit, Taxation, Business Law and Economics.
After completing this course, you can work in fields like banking, finance, accounts and auditing or can further do professional courses like M.Com, CA, CMA.
(b) Bachelor of Business Administration (BBA)
This course is for those who want to make a career in management and business operations.
Subjects like marketing, human resources, finance and operations management are taught in it.
After BBA, you can reach the top level of management by doing MBA.
(c) Bachelor of Economics
If you are interested in economy, market trends and economic policies, then this course is for you.
It has subjects like microeconomics, macroeconomics, statistics and econometrics.
After completing the course, you can get a job in research, policy making or banking sector.
(d) Chartered Accountancy (CA)
This is a professional course in which in-depth knowledge of accounting, auditing, taxation and finance is given.
It has three stages – Foundation, Intermediate and Final, and articleship (practical training) has to be done along with it.
The course is difficult but after this both the career and earnings are great.
(e) Company Secretary (CS)
This course focuses on corporate governance, legal compliance and company law.
The CS professional ensures compliance with the legal matters of the company, board meetings and government regulations.
2. Professional Courses – Career with Specialization
If you want to go directly into a specialized field, then professional courses are the best option.
(a) Cost and Management Accountancy (CMA)
This course is based on cost accounting, financial management and strategic planning.
CMA professionals analyze the company’s expenses and profits and help in making financial decisions.
(b) Hotel Management
If you are passionate about working in the hospitality industry, then this course is for you.
In this, training is given in hotel operation, food and beverage management, housekeeping and customer service.
(c) Fashion Designing
Fashion designing is a great option for creative students.
In this, drawing, fabric knowledge, color theory and designing software are taught.
(d) Event Management
In this, training is given in planning and management of events like big events, corporate meetings, music concerts and weddings.
3. Job opportunities – For those who want to start work immediately
(a) Banking Sector
Jobs like clerk, PO (Probationary Officer), Accounts Officer in public and private banks.
For this, one has to give exams like IBPS, SBI PO.
(b) Insurance Sector
Sales, underwriting and claim management jobs in insurance companies.
(c) Retail Management
Sales and store management positions in big malls and retail chains.
(d) Marketing and Sales
Work in product promotion, digital marketing, brand management and sales strategy.
4. Higher studies – To move forward
(a) MBA (Master of Business Administration)
Masters level studies in management and leadership.
For this, one has to give exams like CAT, MAT, XAT.
(b) M.Com (Master of Commerce)
For specialization in finance, accounting, business studies.
5. Entrepreneurship
If you have a business idea and a passion for taking risks, then you can start your own business or consultancy.
You can do this work even better by taking training in business management during your B.Com or BBA.
Digital marketing, e-commerce and startup culture have opened up a lot of opportunities for new entrepreneurs.
Things to keep in mind while choosing a career
- Identify your interest and strength – do not choose a course just by looking at the trend.
- Research the job market – Estimate the demand and salary in the field you want to go into.
- Take professional guidance – Talk to teachers, seniors or career counselors.
- Plan for the future – Decide where you want to see yourself after 5-10 years.
