What After 12th Commerce: The Best Career for Commerce Students
Passing with a grade of 12th in commerce opens up various careers, both in the private and government sectors.
Be it finance, accounting, management, or law-any field is there.
Read on to discover the best options after 12th commerce with high-paying jobs, government jobs, and learning paths like B.Com in India.
Right Choice for the Best Career
If you have a taste for numbers and finance, economics, then traditionally, B.Com or Chartered Accountancy (CA) could be suitable courses for you.
Digital marketing, then there are courses in BBA (Bachelor of Business Administration) or CFA (Chartered Financial Analyst) professional certification as well.
The benefit of opting for a B.Com degree is that it covers a lot of subjects, including economics, accountancy, finance, business law.
Best Career Path After 12th Commerce
The choices concerning your career path after 12th commerce should be based on your long-term goals, job market trends, and your interest for a field or industry.
Following is some of the best career options available to you
- B.Com or Bachelor of Commerce Degree: The most in-demand degree at colleges specializing in commerce in India is B.Com, also called Bachelor of Commerce. You can either opt for a general B.Com or B.Com (Hons), which is more specialized with deeper insights in a particular area of commerce, like accountancy, finance, or taxation.
- B.Com Fees in India: The fee for this B. Com course may differ significantly based on the institution. Fees for B.Com in India generally fall within the range of INR 10,000 and INR 1,50,000 per year. The private institutions charge much higher fees. But in government colleges, it is very affordable.
- Best B.Com Colleges in India by NIRF Ranking:
As per National Institutional Ranking Framework, some of the best B.Com colleges in India include Shri Ram College of Commerce, Lady Shri Ram College for Women, and St. Xavier’s College, Mumbai, among others.
These colleges focus on quality education that also turns into excellent placement opportunities.
- CA- Chartered Accountancy : If you are interested in accounting, taxation, and financial auditing, then this is one of the most highly rewarding career paths for you. The CA course is offered by the Institute of Chartered Accountants of India, also known as ICAI, which calls for very aggressive curriculum prescriptions. More and more people are being hired in vast numbers by organizations operating in corporate finance, tax advisory, and auditing firms.
- Company Secretary (CS) : Company Secretary is one of the most prestigious and professional courses from the Institute of Company Secretaries of India, or simply ICSI. CS professionals ensure that the issues of corporate governance occur without legal conflict and in an ethical manner.
- Cost and Management Accounting (CMA) : An organisation will be able to reduce its running cost and increase its efficiency with the help of cost accountants. CMA certification is given by the Institute of Cost Accountants of India, and demand of such professionals are on a rise, especially in manufacturing and logistics sectors.
- Bachelor of Business Administration (BBA) : BBA provides an excellent avenue for people aspiring to transition into management positions, particularly in marketing, human resources, or operations spheres. Students often prefer BBA since the programme opens a backdoor pathway to do an MBA at a later stage, thus enhancing career prospects.
- High-Paying Careers in Commerce
After the course, there are numerous high-paying jobs available for commerce students.
Some of the most lucrative career options include the following:
1.Investment Banker:
One of the most remunerative careers for commerce graduates is investment banking.
An investment banker advises clients on mergers, acquisitions, and capital raising transactions.
Being in an expert’s list always comes with a guarantee, especially if he or she has some MBA or CFA certification.
- CA-Chartered Accountant : CAs are one of the highest-paid professionals in finance and accountancy streams. They have to manage the financial health of a company, direct their tax planning, or conduct audits. The salary of a CA is starting from INR 6-7 lakh per annum and up to INR 30-40 lakh with experience.
- Financial Analyst: A financial analyst would advise individuals and business for their investments. The requirement for financial analysts is on the rise in India and pays around INR 5 lakh to 20 lakh based on expertise and experience.
- Cost Accountant: An efficient cost accountant would research the firm’s production costs and enable them to save their expenses. To a company in an industry where cost effectiveness is necessary, such a role plays a very crucial position. This job guarantees a good compensation sum generally lying in between INR 4 lakh to INR 15 lakh.
- B.com Government Job Vacancies
A B.Com also throws open the biggest doors for various positions in the government sector.
Here are some of the best government jobs awaiting you:
Banking Sector:
Once you complete B.Com, you can apply for exams like IBPS PO, SBI PO, or RBI Grade B. You get entry into the banking sector there as a probationary officer, clerk, or manager
Jobs in the banking sector offer good salaries, job security, and perks.
- Civil Services:
Indian Administrative Service, Indian Police Service, and Indian Revenue Service are some of the most valued posts in the country.
The UPSC Civil Services Examination provides commerce graduates with opportunities for such high ranking jobs.
- Public Sector Undertakings (PSUs):
Many PSUs recruit commerce graduates from institutes such as ONGC, BHEL, and NTPC, providing opportunities in financial, accounting, or managerial profiles,
which are well-paid and offer excellent career growth combined with job security.
- SC CGL:
The SSC conducts the Combined Graduate Level examination, through which B.Com graduates may pass.
Such candidates are placed in various ministries and departments of the government. They might work as auditor, accountant, or tax assistant.
Conclusion
Time to decide on the best career path after 12th commerce that might support your interests, strength, and long-term goals.
Be it B.Com, CA, CS, or any other specialized courses, for instance, commerce provides an individual with enormous opportunities in coveted high-paying private jobs and secure government roles.
It becomes easier to make the appropriate, informed choices that work within the scope of professional ambitions and send you off in a career in the fast-moving world of commerce with your career choices.
