Best Career Options & Courses after 12th Commerce

5 July 2024, 10:24 am IST

For those contemplating Commerce stream after their Xth board, getting a clearer picture of the commerce career options after 12th is crucial as it will set the track for their professional journey. A great thing about such a choice is the multitude of options that you have in this stream. In this article, we will talk about the various courses and career options that are available to you after completing your 12th in commerce stream.

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Understanding Commerce Stream

Understanding Commerce Stream

Overview: In an academic context, Commerce involves studying business and trade activities like the exchange of services or goods to the final consumer from the producer. These days, a lot of students choose Commerce for their 12th standard education because they feel that it provides them with a lot of job options to select from.

Core subjects: The following subjects make up the core of the Commerce studies in Class 12:

  • Accountancy
  • Economics
  • Business Studies
  • Statistics
  • Mathematics
  • Informatics Practices

Skills developed: 12th standard Commerce education teaches students various skills such as the following:

  • analytical skills – data interpretation and problem-solving
  • financial literacy – accounting and investment
  • business acumen – entrepreneurship and marketing
  • economic understanding – macroeconomics, microeconomics, and economic policies
  • communication skills – report writing and presentation skills

Also Read:- Detailed Breakdown of CUET Syllabus 2024: What You Need to Know

Popular Career Options after 12th Commerce

1. Chartered Accountancy (CA)

  • Overview: CA is one of the most prestigious courses in the sense that it is an international accounting designation that is provided to accounting professionals across the world except the United States of America (USA).
  • Eligibility criteria: To take up this course you must have scored at 60% marks in your 12th standard examinations.
  • Steps to become a CA: You need to pass three levels to become a CA – Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC), and Final Course (FC).
  • Career opportunities and scope: You can work in different professions after studying in this course such as Internal Auditor, Forensic Auditor, and Tax Auditor.

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2. Company Secretary (CS)

  • Overview: Administered by The Institute of Company Secretaries of India (ICSI), this is the right option for students who are interested in theoretical legal courses.
  • Eligibility criteria: You can take up the course after passing your 12th standard in any stream except for arts from a recognized university or an equivalent.
  • Roles and responsibilities: The primary duty of a CS is to ensure proper corporate governance and legal compliance with the applicable laws.
  • Career prospects: The following are the most prominent job profiles you can work in after obtaining a CS degree:
  1. Company Registrar
  2. Legal Advisor
  3. Corporate Policymaker
  4. Chief Administrative Officer
  5. Principal Secretary

3. Cost and Management Accountant (CMA)

  • Overview: The CMA is a professional course offered by the Institute of Cost Accountants of India (ICAI) and is fairly similar to CS and CA.
  • Eligibility criteria: You need to have passed your 12th standard from a board recognized by the national government or the National Diploma in Commerce Examination by a State Board of Technical Education or the All India Council for Technical Education to gain entry into this program.
  • Key responsibilities: The most important responsibilities of a CMA are analyzing costs, providing insights, and preparing budgets to make organizations operationally efficient and profitable.
  • Job opportunities: Graduating with a CMA degree allows you to work in prominent profiles such as the following:
  1. Financial Officer
  2. Costing Executive
  3. Cost Accountant
  4. Finance Controller
  5. Finance Manager

4. Bachelor of Commerce (B.Com)

  • Overview: B.Com is among the top courses after 12th commerce without a shadow of a doubt. The three-year program focuses on the following subjects to provide you with crucial managerial skills and opportunities for specialization:
  1. Commerce
  2. Economics
  3. Business Law
  4. Accountancy
  5. Taxation
  6. Finance
  • Eligibility criteria: You need to have scored at least 50% marks in your 12th standard exams to enter this program.
  • Career options after B.Com: After completing the course you can work in a wide variety of job profiles such as Financial Risk Manager, Business Analyst, Digital Marketer, and Accountant.

5. Bachelor of Business Administration (BBA)

  • Overview: The BBA program is a three-year undergraduate (UG) course that provides you with knowledge regarding the principles and administration of businesses.
  • Specializations available: By studying in the BBA program you can specialize in domains such as Finance, Human Resources, and Marketing.
  • Eligibility criteria: Usually, if you have passed your 12th standard examination from a recognized board you are considered eligible to enter the program. In some colleges and universities though you may need 50% marks in the qualifying examination.
  • Career prospects: The program allows you to work in a wide range of positions such as the following:
  1. Business Administration Researcher
  2. Business Consultant, Marketing Manager
  3. Finance Manager
  4. Human Resource Manager
  5. Research and Development Manager

Emerging Career Options in Commerce

1. Digital Marketing

  • Importance and growth: Digital marketing has become one of the hottest courses after 12th Commerce. As a digital marketer, you have to use digital channels such as social media, email, search engines, and websites for promoting services and products. This is directly tied to e-commerce which has gained substantial ground in India now.
  • Courses and certifications: These days, you have various certification courses available in this particular domain with the most prominent among them being the Master of Business Administration (MBA) with specialization in Digital Marketing.
  • Career prospects: Studying in this course empowers you to find job opportunities in domains like digital marketing strategy, social media management, content creation, and online advertising.

Emerging Career Options in Commerce

2. Data Science and Analytics

  • Relevance of Data Science in commerce: Data Science analyses huge datasets by using machine learning (ML) algorithms and statistical techniques for extracting insights and informing decision-making.
  • Courses and training programs: You have various training programs and courses for Data Science but the most important among them is an MBA with Specialization in Data Science.
  • Career opportunities: By studying Data Science and Analytics you can work in the following domains:
  1. data analysis
  2. data engineering
  3. business intelligence
  4. ML engineering
  5. business analysis
  6. market research
  7. strategic planning

3. E-commerce and Retail Management

  • Growing importance of e-commerce: The importance of e-commerce lies in its rapidly growing consumer base that does not show any signs of slowing down anytime soon.
  • Relevant courses and specializations: The following are the leading e-commerce courses right now:
  1. Ecomm Marketing from HubSpot
  2. Selling on Amazon from Udemy
  3. Ecomm Essentials from Skillshare
  4. Online Biz from Google
  5. Email Marketing 101 from Shopify
  • Job prospects: The following are the top jobs that you can expect in the e-commerce and retail management sector:
  1. Pay-Per-Click (PPC) Manager
  2. E-commerce Developer
  3. Marketing Specialist
  4. Product Manager
  5. Content Specialist

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Professional Courses and Certifications in Commerce

1. Chartered Financial Analyst (CFA)

  • Overview: The CFA programme, offered by the CFA Institute, focuses on the basics of investment tools, portfolio management, valuing assets, and wealth planning. This is indeed the best course after 12 Commerce.
  • Eligibility and examination: The programme has three levels of exams – Level I, Level II, and Level III. All Bachelor’s degree holders or equally qualified individuals can register for it irrespective of the discipline in which they gained said qualifications. However, they need to have a minimum of three years or 4000 hours of job experience at that stage.
  • Career opportunities: Following are the top profiles you can work in with a CFA degree:
  1. Portfolio Manager
  2. Investment Banking Analyst
  3. Equity Research Analyst
  4. Wealth Management Advisor
  5. Risk Management Analyst

2. Financial Risk Management (FRM)

  • Importance of risk management in finance: Risk management is an important part of contemporary financial solutions because it helps finance teams develop strategies, procedures, and policies to deal resiliently with financial emergencies.
  • Certification details: The program is offered by the Global Association of Risk Professionals (GARP), the United States of America (USA). You need to clear Levels 1 and 2 of the program within four years of applying for it. Within five years of clearing the Part 2 exam, you must have at least a couple of year’s work experience in a risk management profile.
  • Career prospects: After passing the program you can work in the following profiles:
  1. Operational Risk Officer
  2. Portfolio Manager
  3. Credit Risk Analyst
  4. Risk Consultant
  5. Risk Analyst

3. Certified Management Accountant (CMA-USA)

  • Overview: CMA-USA is a professional certification recognized globally and is offered by the Institute of Management Accountants (IMA). It has two parts – Part I or Financial Planning, Performance, and Analytics, and Part II, or Strategic Financial Management.
  • Eligibility and examination: In both these parts you need to answer 100 multiple choice questions (MCQs) within three hours and write a couple of 30-minute essays. You have to register yourself with the IMA, have a Bachelor’s Degree from an accredited university or college, and at least two years of continued work experience.
  • Career opportunities globally: By studying in the course you can work in any of the following domains around the world:
  1. consulting services
  2. financial services
  3. accounting
  4. financial planning
  5. taxation

Short-term Courses and Diplomas in Commerce

  • Overview: As the name indicates, these are part-time courses that can teach you relevant skills effectively and quickly. Thanks to online availability it has become easier to pursue these courses now.
  • Examples: Following are the top options that you have in this context:
  1. Certification in Business Accounting and Taxation
  2. Certification in Goods and Services Tax (GST)
  3. Certificate Course in Digital Marketing
  4. Certificate in Banking and Financial Services
  5. Certificate in E-commerce
  • Importance of continuous learning and skill development: The main benefit of short-term courses and diplomas in Commerce – after the 12th standard or completing a Bachelor’s program – can help you show prospective employers that you are willing to improve your skillset by learning.

Also Read:- How To Check CUET Result 2024 and Merit List or cut-off

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Conclusion

You must have all the knowledge regarding the top courses and career options after 12th so that you can make an informed decision that takes your career to the desired heights. You should also go out and explore all the options that you have in this regard so that you have a clear idea of what you are choosing from. No matter which course you choose in the end, you should study at the best online universities such as Amity Online so that you can get the best education the most conveniently.

Sourabh

Author


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Frequently Asked Questions

What are the popular career options available after 12th Commerce?

The most popular career options that are available to you after completing 12th Commerce are Chartered Accountancy, Company Secretary, Cost and Management Accountant, Bachelor of Commerce, and Bachelor of Business Administration.

What professional courses can I pursue after 12th Commerce?

After completing your 12th Commerce you can pursue professional courses such as Chartered Financial Analyst, Financial Risk Management, and Certified Management Accountant – USA. They can set you up for success in your professional life.

Can Commerce students pursue careers in Law?

Yes, Commerce students can take up careers in Law by studying in a Bachelor of Laws (LLB) program and working as legal advisors and lawyers. In such profiles they will provide legal counsel, represent clients in courts, and draft contracts.

What are the career prospects in Hotel Management for Commerce students?

Commerce students can work as hotel managers – so, there is indeed some career prospect for such graduates in that particular domain. In this profile, they will oversee all the hospitality operations of their employers.

Are there any creative career options for Commerce students?

Yes, Commerce students can also pursue creative careers as journalists, digital marketers, graphic designers, and content writers, to name a few. You can choose these careers if you do not want a typical commercial job.

What career options are available in Banking and Finance for Commerce students?

After graduating with a B.Com degree in Banking and Insurance you can work in various professions in those domains such as Accountant, Marketing Agent, Financial Advisor, and Sales Representative, to name a few.

Can Commerce students go for courses in Digital Marketing?

Yes, Commerce students can go for a Digital Marketing course because this particular domain focuses more on digital tools and marketing strategies rather than technical coding.