In every students’ life, there comes a crucial and the most important time i.e their 12th grade completion. During this time, they must choose their future career path which can turn out to be quite confusing and overwhelming. For commerce students, it is advisable to consider one of the numerous commerce courses available and you have come to the right place to seek guidance for your commerce studies.
By Finplan Edu ●Jul 09 2023
However, to make an informed decision, students are required to discover the best courses after 12th commerce. The following list provides the best commerce courses for students who have passed their higher secondary education.
Let us take a look at the courses:
One of the most popular commerce courses after the 12th is a Bachelor's in Business Administration (BBA). This course typically takes three years and can be pursued immediately after completing 12th grade education. The fees for a full-time BBA course range from ₹3-6 lakhs. In case of a part-time BBA course, the fee structure can vary from ₹50,000-600,000. For distance or correspondence learning, the fees can range from ₹45,000-60,000, while an online BBA course may cost between ₹25,000-40,000.
Students with a passion for Mathematics can thrive and excel in this commerce course. It is a three-year program that provides opportunities for employment in various sectors, such as private banks, government offices, finance and banking, and trading companies. The fees for the Bachelor of Commerce (B.Com) course range from ₹15,000-65,000.
This three-year commerce course is ideal for students with a keen interest in business management, human resources, economics, and operations. You can get well-paying job opportunities in Risk analysis, Stock trading, and Business leadership. The average fees for a Bachelor of Management Studies (BMS) course can range from ₹20,000-2 lakhs.
This three-year commerce course is ideal for students with a deep knowledge and interest in Business management, Human resources, Economics, and Operations. It offers job opportunities in Risk analysis, Stock trading, and Business leadership. The average fees for a Bachelor of Management Studies (BMS) course can range from ₹20,000-2 lakhs.
The Bachelor's in Mass Media is one of the most sought-after commerce courses recently. This course offers a wide range of unique, exciting, and highly rewarding job opportunities. It opens pathways to become an editor, radio jockey, news anchor, reporter, and writer. The average fees for a Bachelor's course in Mass Media range from ₹10,000-125,000.
Read: Best Finance Courses in India: Syllabus, Salary, Eligibility, Jobs & More
One of the most common answers, not just for students but also for people in general, when asked about the best career options after 12th commerce, is to become a Chartered Accountant (CA). However, what if a student wants to explore other career opportunities and does not have an interest or skill set for becoming a CA?
Are there career opportunities after 12th commerce other than CA?
Yes, there are several courses available. The following are the best courses after 12th commerce, excluding the CA:
The course for Certified Management Accountants (CMA) is based on the Institute of Management Accountants (IMA) in the USA. It is an advanced professional qualification that offers global recognition. The course typically extends for about 6-9 months.
The course for Company Secretary (CS) is another popular career option for students after 12th commerce. The demand for this profession is significantly high, and usually students pursue this course while completing their undergraduate degree. However, students may also opt for this course right after completing their 12th-grade education.
The next most prevalent commerce course after 12th-grade education, apart from CA, is the Association of Chartered Certified Accountants (ACCA) course. The ACCA certification also provides global recognition that helps you put your foot forward in a meticulous career. This certification consists of 12 courses spread across three levels.
Read More About : ACCA Course Duration After Bcom, 12th & CA?
The Chartered Financial Analyst (CFA) course is in high demand globally. It covers topics related to investments and finances. This course is further divided into three levels, and completion of this course opens up various job options for students.
Take a Look at: What is CFA: What is the CFA Salary in India in 2023
The Actuary course provides students with a unique combination of analytical skills, knowledge of human psychology, and business acumen. Students in this course learn to assess financial risks associated with insurance using their expertise in statistics, mathematics, and financial theory.
The Cost and Management Accountant course shares several similarities with CA and CS courses. Cost and Management Accountants provide guidance on ideal investments, general managerial decisions, and profit management.
The Financial Risk Manager (FRM) course equips students with the necessary knowledge of financial risk management. It covers topics related to credit risk, operational risks, market risks, and preserving the economic value of an organization.
Read More : Top 6 Reasons to Choose ACCA Qualification
Here are some career options for students pursuing a career in the field of commerce:
Management career options involve students to pursue their PGDM or MBA after completing their graduation. They have the opportunity to become Marketing Managers, Business Development Managers, Human Resource Managers, and Operations Managers.
One of the popular areas of job opportunities in commerce is accounting and finance. It offers the opportunity to become a Chartered Accountant, Financial Analyst, Investment Banker, Cost Accountant, Tax Consultant, and Auditor.
Another area of career options for commerce students is banking and insurance. It enables the candidates to become Bank Managers, Loan Officers, Investment Advisors, andInsurance Agents.
Read More : 7 Reasons Why ACCA Course is Important in Career
When a student wants to set their foot in the world of job opportunities in the shortest time possible, it is advisable that they choose the courses that are short term instead of the long term course. So, the following are the best short term commerce courses one can pursue to guarantee themselves satisfactory job opportunities.
It offers the necessary knowledge regarding forecasting the performance of a company through the projection of numerous parameters which are based on the present and past reports. The course extends from 1-6 months. Here, the career options include Project Finance, Investment Banking, Financial Analysis, Financial Modelling Analyst and Investment Analyst.
IFRS is Diploma in International Financial Reporting Standards. It refers to the accounting principles which have general acceptance regarding international reporting of accounts in the capital markets. The courses extend from 4-6 months. The students need to clear only a single examination and the career options here include Financial Consulting, IFRS Trainer, Financial Analyst, Chartered Accountant and ACCA.
A well-known commerce course which is US Certified Management Accounting. It is a professional skill-based course which assists the accounting professionals in the process of formulating strategic decisions for the company.
Their duties involve recording financial data, reporting the necessary data to the management team, simplifying the data and presenting solutions to the management team. The career options that are offered here are Financial Management professionals, Professors in Accounting and Finance, Strategic Head, Recovery Consultant and Financial Risk Manager.
The aspect of digital marketing entails the marketing tools and on the other hand, web designing involves working with designing and maintaining various websites and web pages. The course for web designing extends to about six months only.
The areas for study that it covers includes the disciplines such as, User Experience Designing or UX, SEO, Web interface designing and web graphic designing. There are various interesting career options available when one completes this certification.
It involves becoming a UX Designer, UX Researcher, Web Designer, Multimedia Developer and Game Developer. The job opportunities here can fetch substantial annual salaries and a greater role that drives the company’s creative quotient.
The last two decades have witnessed the increase in the popularity, demand and number of people resorting to this field for their career. The knowledge regarding stock has reached a larger number and variety of people and thus, the demand for jobs in this domain of commerce is also quite commendable.
All of these factors have also caused the business of stockbrokers to skyrocket. They function as intermediate bodies between the stock markets and investors and offer the necessary trading consultations and advice to their respective clients. The certification course in Stock Market requires a time of about 3-6 months. It offers the pursuer the necessary information and knowledge regarding the technical and fundamental analysis of stocks. The career options here include Equity Dealer, Equity Advisor, Stockbroker, Floor Broker and Account Manager.
Students with a knack in the analysis of complex data, the field ideal for them is that of Data Science. Data Scientists have the responsibility of learning raw data into information and extracting insights which further is functional in making informed decisions.
The annual salary for data scientists is quite stauyfcstary and the dampened on their job profiles. The career options that they have apart from being a data scientist are Data Scientist, Data Analyst, Analytics Manager, Business Analyst and Sports Analyst.
Overall, these short-term commerce courses provide students with diverse career opportunities, allowing them to enter the job market quickly and secure satisfactory positions. This not only helps in their growth but also pushes them towards leadership roles.
Recent studies have shown that the graduates who have bachelors degree in commerce throughout India from 2014 to 2023 have received better employability opportunities (Source: statista) The various courses in commerce available help the students choose among the plethora of career options which open up because of the degree of bachelors in commerce.
Students of commerce have numerous career opportunities after completing their 12th grade education. And choosing the right course that suits their skill and interest can help them achieve rapid success and make a mark in their career.
Find Out About : B.Com Course: Why Choose B.Com Courses?
