Commerce
Introduction
Commerce is one of the popular streams after completing the 10th board exam for the students. If you choose the commerce stream it will provide you with a variety of career options after completing your school education. It offers diversity to students and thus will attract you to pursue higher education in this stream. Commerce courses will require you to be well-versed with the numbers. You need to be good at examining and know how to deal with big numbers and data. You also need to have a basic sense of economics and finance.
To help you assess whether you are intended to pursue a career in the commerce field, LC Highway will explain its importance and the professions you can choose. This will give you a basic knowledge of what this stream is all about.
What is Commerce?
Commerce is an education stream that lets you study trade, business, and economy. The study of Commerce includes various subjects like Accountancy, Finance, Business Studies, Economics, etc. You can opt for Commerce with Maths or without Maths. If you decide to study Commerce without Maths you can choose from many other elective subjects like Psychology, Information Practices, Language Studies, Physical Education, dance, music, etc.
What will you be studying in this stream?
Accountancy basically is the study of crucial financial data of a company. In the modern days, various new methods of running a business have emerged. You will get introduced about the same as you will have Business Studies as a subject. You also study economics at both micro and macro levels. Economics is one of the most interesting subjects, as it offers a detailed study about how the economy in the national and international markets work.
LC Highway has shortlisted a few courses that you may choose after 12th commerce. This will help you in making up your mind.
Bachelor of Commerce
Bachelor of Commerce popularly known as B.Com is an undergraduate-level course in commerce. The duration of this course is 3 years. In India, many colleges offer this program. It focuses on the study of different concepts like accountancy, business studies, statistics, finance, economics, taxation, marketing management, and law. This course will provide you with a variety of career options. If you like numbers and want to start a career right after completing your graduation, this degree is one of the best courses to do after high school.
Bachelor of Business Administration
Bachelor of Business Administration (BBA) is also one of the most popular bachelor courses after 12th. This includes the complete knowledge of leadership, business skills, and management. It provides the ground knowledge for producing sound management professionals. The degree program in Business administration is one of the most jobs provider educational degree courses. In India, there are many multinational industries, which offer jobs to various business graduates. This degree allows you to enter the field of management. It will teach you various aspects that are necessary for running effective business management and essential skills for business managers.
Once you complete this course you can work as Finance Manager, Business Administration Researcher, Human Resource Manager (HR Manager, Research and Development Manager, Information Systems Manager, Business Consultant, Marketing Manager, etc.
Professional courses
Though most commerce degree courses will land you a job, there are still a few professional degree programs that will guarantee you a job right after graduation. Here are some of the best professional programs you can opt for after school. You just need to make sure you choose a course that you find
interesting. This way you can choose a career that you will enjoy and can excel at this in the future.
Chartered Accountancy (CA)
Chartered accounting is a prestigious and difficult educational course. The CA program is usually of 3.5 years, but it is still very demanding. However, once you become a Chartered Accountant (CA), your career and earning potential will skyrocket. Auditing, tax laws, business laws, taxation, and corporate laws are among a few topics covered.
Company Secretary (CS)
The Institute of Company Secretaries of India (ICSI) offers a professional course called the CS or Company Secretary. A Company Secretary handles all of the company’s regulatory agreements and is an in-house legal expert. After completing this program, you can work independently or you can look for employment in the corporate world.
CMA
The Institute of Cost Accountants of India or ICAI offers CMA, which stands for Cost and Management Account. CMAs keep cost accounting records and audit expenditures. You will help with product planning and control. This course opens up a lot of job opportunities and then you can choose your field of study based on your interests.
CFA (Chartered Financial Analyst)
CFA Program is a short form for Chartered Financial Analyst Program. After CA and CS, this is another Professional course you can choose. In general, a CFA program usually lasts between 2 and 5 years. Other than this there is no time limit for taking the exams. You can take them as many times as you wish.
Furthermore, there are so many courses you can choose from.
Just like humanities, you have a master's degree for many of these courses as well.
What is the importance of this stream?
Commerce as an education stream has always been the backbone of every nation. The growth and the standard of living of a country and its citizens are linked to the development of a countries’ economy. No nation can ever grow without the growth of commerce and its business.
So before you select the commerce stream, do give a look at all the options and prospects that will be available to you. You have to make sure that you have the ability to pursue a career in this stream.
This can be done very easily through LC Highway’s counseling sessions.
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