Are you pursuing a degree in commerce? Want to know the career options available? This article explores the popular jobs in India for a commerce student.
In this article, we’ll discuss the most lucrative career choices for commerce students in India. It will help you to understand the various work roles and help you make an informed decision as you step into the professional world.
This is the most popular course to pursue in the commerce stream. The course is offered by ICAI (Institute of Chartered Accountants of India) and consists of 3 levels and an articleship. CA is a professional who has a thorough knowledge of accounting, taxation, filing returns and financial statements of individuals and companies. It also consists of various other specializations like Tax auditing, Internal Auditor, Corporate Finance etc. A Chartered Accountant is a highly qualified and respectable professional who is regarded as an expert in his field of specialization.
This is the second most popular course and is offered by ICSI (Institute of company secretaries of India). A company secretary ensures that the company follows all mandatory and statutory requirements of operating a business. This course is also done by passing through 3 levels of exams: Foundation, Executive and Professional. One can also hold positions like Legal advisor and Compliance Officer in companies. This is a job that holds great repute and comes with a lot of dedication and responsibility.
The role of a Financial Management professional is focused on an in-depth study of finances and its management, budget, capital management & structuring and so on. This professional field offers various certifications like CFA (Chartered financial analyst), CPA (Certified public accountant), CFP (certified financial Planner). One can become a Financial Officer, Advisor, Financial Auditor, Investment Analyst etc. As you can sense from the titles and designations, all these roles require extensive knowledge and expertise in the field of Commerce.
It is a part of a managerial study of accounting that focuses on budgeting, analysing and reducing various costs in the company. Its main aim is the optimization of resources to get maximum returns. Preparation of financial reports is also one of the responsibilities in this job. If budgeting and accounting are your strong areas in commerce, then give this career path a serious thought.
Banking is the backbone of a nation’s economic growth. It is a field with diverse types of subjects such as loans, investments, financial services, insurance, currency, foreign exchange, wealth management etc. If you want to deep dive into the world of banking, be prepared to ace your college-level examinations in Commerce. Bankers are highly sought after professionals with a safe and stable career.
Students who have a keen interest in economics and data analysis can explore this field for higher studies. Statisticians are in great demand in almost every industry which makes this field very lucrative and rewarding. You get to learn about data & risk analysis, statistical tools, research methods, maths, predictive science and scientific decision making through this course.
Do you like mathematics? Then Actuarial Science can be your calling. It is the field for maths enthusiasts and deals with rigorous study of risks analysis, uncertainty, trend analysis etc. to help the big companies, corporates and business organizations make the right decisions by solving complex problems.
Managers are required in almost every industry and this makes the study of Business Management one of the most commonly chosen fields by students. MBA is one of the most popular courses taken up by commerce students. You can choose a specialization based on your interests such as finance, marketing, HR, operations, international business, hotel management, hospitality, etc.
Want to be your own boss? Entrepreneurship is a career option for those who want to work independently by setting up their own business. Students of B.Com, M.Com, MBA often have more exposure to the world of business. You can gain an insight into the various complex aspects of operating a business with the help of business courses that teach you about management, costs, marketing, sales, customer satisfaction etc. Alternatively, you can gain some experience by working in an industry of your choice to learn the practical ropes of the business before setting up your own enterprise!
Lawyers and legal advisers are one of the most influential and powerful people in the professional market. With the rise of new business houses and startups, law graduates are getting lucrative and diverse career opportunities such as corporate lawyer, lecturers, civil services, legal advisors etc. To build a career in law you need to pursue a 5 year-integrated LLB course and LLM for specialization.
Now that you know about the top options in commerce, choose the field that you are passionate about. Alongside, if you are looking for comprehensive career development, explore the apna app. The app offers jobs in over 70 categories across Delhi NCR, Bangalore, Mumbai, Pune, Ahmedabad, Jaipur, Ranchi, Kolkata, Hyderabad, Surat, Lucknow, Ludhiana, Kanpur & Chandigarh. Apart from this, the app facilitates professional networking and skill development for continuous learning and the best opportunities.
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