After completing their 12th grade, students who have studied in the commerce stream have a plethora of career options to choose from. Commerce is the study of trade, commerce, and business activities and is considered the backbone of the economy. In this article, we will discuss the various courses/career options students can choose for after completing 12th grade in the commerce stream.
1. Bachelor of Commerce (B.Com):
A popular career option is a Bachelor of Commerce (B.Com). B.Com is a three-year undergraduate degree that provides a comprehensive knowledge of various aspects of commerce, such as accounting, economics, business law, management, marketing, etc. Many universities and colleges offer various specializations within the B.Com program, such as Accounting, Finance, Banking, Marketing, Taxation, and more. B.Com is one of the most popular courses after 12th commerce as it opens up many opportunities for higher studies and careers in different fields.
B.Com graduates can pursue postgraduate courses such as Master of Commerce (M.Com), Master of Business Administration (MBA), Chartered Accountancy (CA), Company Secretaryship (CS), etc.
B.Com graduates can also work in various sectors such as banking, finance, accounting, auditing, taxation, etc.
Click here to know more about the course, its prospects and popular colleges offering the B.Com.
2. Chartered Accountancy (CA):
One of the most sought after career options among commerce students is Chartered Accountancy. Chartered Accountants are professionals who deal with the financial aspects of an organization. The CA course is divided into three levels – Foundation, Intermediate, and Final.
The CA Foundation exam can be taken after 12th commerce, while the other two (Intermediate and Final) levels can be taken after graduation. The course is highly challenging and requires a lot of hard work and dedication.
However, the salary of a CA is high, and they are in high demand in various sectors such as banking, finance, taxation and auditing.
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3. Company Secretary (CS):
Company Secretary is another popular career option among commerce students. A CS is a professional who is responsible for ensuring the legal and regulatory compliance of a company. A CS also acts as a liaison between the company and its stakeholders, such as shareholders, directors, government authorities, etc.
To become a CS, one has to clear three levels of exams conducted by the Institute of Company Secretaries of India (ICSI), namely the CS Foundation, CS Executive, and CS Professional. The CS Foundation exam can be taken after 12th commerce, while the other two levels (Executive and Professional) can be taken after graduation. The course is highly demanding and requires a lot of hard work and dedication.
A CS can work as an independent practitioner or as an employee in various sectors such as corporate law, governance, finance, taxation, etc. The salary of a Company Secretary is also high, and they are in high demand in various sectors.
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4. Bachelor of Business Administration (BBA):
BBA is a three-year undergraduate degree that provides a practical and theoretical knowledge of various aspects of business administration, such as management, marketing, finance, human resources, operations, etc. It is one of the preferred courses after 12th commerce for students who want to pursue a career in management or entrepreneurship.
BBA graduates can pursue postgraduate courses such as Master of Business Administration (MBA), Master of Management Studies (MMS), Post Graduate Diploma in Management (PGDM), etc.
They can also work in various sectors such as banking, banking, finance, marketing, and human resources, consulting, retail, hospitality, etc.
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5. Bachelor of Management Studies (BMS):
Bachelor of Management Studies (BMS) is a three-year undergraduate course offering various career options. BMS is a professional course that prepares students for a career in management.
After completing BMS, students can pursue a Master’s degree or opt for various job opportunities.
BMS graduates are in high demand in the corporate sector as well as in the government sector.
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6. Bachelor of Commerce Financial Market (BFM):
It is Career-Oriented Course for Aspiring Finance Professionals. Bachelor of Financial Markets is a three-year program that covers various aspects of financial markets, such as trading, investing, risk management, regulation, and analysis. It’s an excellent course for students who want to pursue careers in investment banking and finance.
BCom Financial Markets is a course that can open up many career opportunities for graduates. Some of the job roles that they can pursue are: Financial Analyst, stock broker, tax consultant, Auditor, Banker etc.
Some of the courses that they can pursue after BCom Financial Markets are: MBA in finance, MCom in finance, A/CS/CFA etc.
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7. Bachelor of Economics (BEcon):
Bachelor of Economics (BEcon): BA Economics is a three-year undergraduate degree that provides a deep understanding of various aspects of economics, such as microeconomics, macroeconomics, econometrics, development economics, international economics, etc.
After completing BEcon, students can pursue a Master’s degree or opt for various job opportunities. BEcon graduates can pursue postgraduate courses such as Master of Arts (MA) Economics, Master of Philosophy (M.Phil) Economics, Doctor of Philosophy (Ph.D.) Economics, etc.
BEco is one of the suitable courses after 12th commerce for students who want to pursue a career in economic analysis or research. BA Economics graduates can also work in various sectors such as government, academia, think tanks, NGOs, media, etc.
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8. Graduation in International Business:
A degree in International Business focuses on the study of global markets, international trade policies, and cross-cultural communication. Graduates can work in fields such as international marketing, logistics, and business development.
Bachelor of Arts (BA) in International Business: This is a 3-year undergraduate program that combines the study of business with a liberal arts education. The curriculum includes courses in international trade, marketing, economics, and finance.
Students can also pursue BBA, BCom or BMS in International business.
9. Bachelor of Law (LLB):
Bachelor of Law (LLB) is a three-year undergraduate course that offers a wide range of career options. LLB is a professional course that prepares students for a career in law. After completing LLB, students can pursue a Master’s degree or opt for various job opportunities. LLB graduates can work as lawyers, advocates, legal advisors, or join the judiciary.
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10. Bachelor of Hotel Management and Catering Technology (BHMCT):
This is a 4-year undergraduate program that provides students with a comprehensive understanding of the hospitality industry and its various components, including hotel management, food and beverage service, housekeeping, front office operations, and more.
Graduates can work in hotels, resorts, cruise ships, and event management companies.
Click here to know more about the course, its prospects and popular colleges offering BHMCT
Benefits of Pursuing Commerce After 12th Class
Job Opportunities: Commerce is a field that offers numerous job opportunities across various industries. Commerce graduates are highly sought after in sectors such as banking, finance, accounting, and insurance.
Lucrative Salaries: Commerce graduates are known to earn competitive salaries. The starting salary for a commerce graduate varies from industry to industry, but on average, they earn a good income.
Entrepreneurship: Commerce graduates have the skills and knowledge to start their own businesses. They understand the market, financial management, and marketing, which are essential skills for any entrepreneur.
Career Growth: Commerce is a field that offers tremendous career growth opportunities. There are various certifications and qualifications that commerce graduates can pursue to enhance their career prospects.
Diverse Career Options: Commerce graduates can pursue diverse career options such as accountancy, investment banking, financial planning, marketing, and entrepreneurship, among others.