Commerce is a field that appeals to a wide range of skills and talents. Irrespective of your talent in maths, if you are a business-oriented person, you can choose career options following commerce. Many students are concerned about their future possibilities after 12th commerce, but the fact is that if you have the correct skill set and ability, you can make a good living in any business-related field.
Commerce is a well-structured field in which to begin your career. Before entering the commerce area, research all of the courses available after 12th commerce and pick which one is best for you. Following your higher secondary class 10 board tests, you will be able to choose your career path by completing your 11th-12th in Commerce.
Most careers in the commerce stream involve on-the-job training and certain skill sets to help you grow. If taken carefully, courses following 12th commerce offer a lot of potential and benefits.
Let’s take a closer look at the many career options available after 12th commerce.
One of the most common commerce careers is chartered accounting. A CA is an accountant who has been certified by a statutory authority as qualified to handle a company’s accounting and tax-related problems, such as tax returns, financial statement audits, business practises audits, record keeping, and so on.
To become a CA, you must successfully complete three steps. First, there is a foundation course, which you can take after the 12th. You do not need to take the foundation course if you have completed your graduation. The intermediate level follows. CA internships are available if you have completed the intermediate level. After 2 to 2.5 years of internship, you are eligible to take the final test and become a CA.
Overall, being a CA is a five-year path that you must commit to in such a career option for commerce students.
Eligibility: 10+2, CA foundation, CA intermediate, and CA final
Approximate pay range (per month): ₹10,000 – ₹1,50,000
Risk Management Analyst
You’ll need strong supervision, observation, investigation, and coordination abilities to be a successful Risk Management Analyst. Risk managers guarantee that their client/company does not compromise in terms of regulation and operation of human and monetary resources. If a corporation is in danger, it hires a risk management analyst to figure out how to deal with the problem.
This is one of the top employment options for commerce students if you are prevention-oriented and constantly prepared with a contingency plan.
You can start with entry-level professions like Insurance Risk Surveyors, Data Analysts, Financial Risk Analysts, and so on after graduating in such career possibilities as commerce, and work your way up to Risk Management Analyst.
Eligibility: A bachelor’s degree in mathematics or a relevant field of commerce is required.
Approximate pay range (per month): ₹30,000 – ₹1,00,000
Personal Financial Advisor
Financial advisors, for example, are in charge of suggesting the best available solutions for your company in terms of investments, taxes, insurance, stocks, money management, and attaining their financial goals.
This is one of the finest career options after commerce if you have an analytical mind, outstanding problem-solving abilities, and enjoy leading people.
Although some employers may not require a formal certification in the industry, you should consider taking a certified course in such commerce career options to give yourself an advantage over the competition. You may check up FINRA, SEBI, and other organisations to learn more about these certificates.
Eligibility: A bachelor’s degree in mathematics, economics, or finance is required.
Approximate Pay Bracket (Per Month): ₹30,000 – ₹1,50,000
Company Secretary (C.S)
The Institute of Company Secretaries of India offers a professional training called Company Secretary (ICSI). The Company Secretary is in charge of a company’s effective administration, particularly in terms of maintaining legal and statutory compliance, as well as governance-related concerns such as ensuring that the board of directors’ decisions are carried out. Their responsibilities include delivering business advice, dealing with conflict-of-interest problems, recommending ways to create financial reports, developing corporate strategy, assisting in planning, and providing legal guidance.
CS Career Opportunities
You can provide services in areas like legal, personal assistant, and corporate governance, reorganisations, foreign collaborations and joint ventures, arbitration and conciliation, financial management, project planning, capital market and investor relations, corporate advisory services, and more to both public and private sector organisations. In certain regions, you can also set up your own business.
Both public and private banks administer bank PO examinations. During the two-year training phase, applicants are expected to work on a variety of tasks linked to a bank’s everyday operations, including handling cash flow, customer complaints, overseeing clerical work, loan processing and approval, issuing ATM cards and chequebooks, and so on. After completing the qualifying period, the applicant is promoted to assistant manager, with the goal of eventually becoming branch manager and rising up the ranks. Even if you don’t have a background in mathematics, you can pursue this career.
Accounts clerk, administrative assistant, cashier, credit officer, insurance officer, postal employee, financial dealer’s assistant, and other roles are available at the bank.