Top 7 Career Options After 12th Commerce (Excluding CA)
Choosing a suitable degree with multiple career opportunities after grade 12 is an essential but tricky task. Many students are attracted to take up Chartered Accountancy (CA) as they pursue their B.Com degree. But this temptation often leads to failures and years of wasted time.
Students need to understand that a successful career in the present times is independent of conventional courses like CA. With the expanding needs of businesses, the expertise and skills employers demand have also significantly changed. Firms look for specialised knowledge in the candidates they hire for better division of work and business success.
Although graduation is advantageous while trying to land a job right after school, students in class 12 can explore career options after commerce except CA to boost their employability. The demand for these career paths will only increase, giving you better opportunities to excel professionally.
Top Career Options after Commerce Except CA
If you are a commerce student wondering what to pursue after grade 12, we have curated a list of career options after commerce except CA.
1. Certified Management Accountant (CMA)
CMA is an advanced professional qualification from the USA-based Institute of Management Accountants (IMA). It is a globally recognised qualification that will increase your employability in finance, accounting, and business. Unlike CA, the CMA programme takes about 6-9 months to complete.
Eligibility
- You must have a graduate degree in any field and must pass both US CMA tests to receive the CMA certification from the IMA.
- You can also pursue this degree if you have cleared your grade 12 examinations in India.
With a CMA professional qualification, you can earn lucrative salaries in leading corporations. Learn more about the salary of Certified Management Accountants in the USA and Canada.
2. ACCA
The ACCA certification is relevant both in India and abroad. It is recognised in over 180 countries, including the United Arab Emirates, Canada, and Singapore. ACCA has 13 courses that are further separated into three levels: knowledge, skills, and professional.
Eligibility
- Students passing their 10+2 exams can pursue the ACCA course.
- Students must have a minimum of 50% in other subjects and a minimum of 65% in mathematics or accounting and English.
ACCA is one of the most rewarding courses one can take up after pursuing commerce in classes 11 and 12. You can take up ACCA after completing high school with commerce because of its demand in the job market and ACCA salary.
3. Company Secretary (CS)
CS courses have high demand in India. While most students take the Company Secretary course while pursuing their undergraduate degree, many take it up soon after grade 12.
Eligibility
- Students must have completed their 10+2 from a recognised board in India in any discipline except fine arts.
- For the Executive level, the minimum eligibility is CSEET or Graduation/ foundation program.
A Company Secretary(CS) has direct contact with the senior management employees of a firm and is responsible for managing finances, legal issues, handling tax returns and ensuring dividends are paid to shareholders on schedule.
4. Chartered Financial Analyst (CFA)
A CFA course is highly sought-after globally. It is a qualification that deals with finance and investments. The course is organised into three levels, with Level 1 being the most important because it serves as the foundation for the subsequent levels.
Eligibility
- Students with two years remaining in their undergraduate studies are now eligible to register for Level I exam
- An undergraduate degree before applying for CFA level 2
- A combination of 4000 hours of professional work experience and higher education.
To know everything about a CFA course, read “What is CFA? Course Details, Full Form, Exam Pattern, Fees, Syllabus”.
5. Cost and Management Accountant
Cost and Management Accounting has many similarities with a CA or CS degree course. This professional degree thrives on key concepts like strategy, financial reporting, management, and regulatory framework. A Cost Management Accountant offers expert assistance in the planning of investments, making general managerial decisions, as well as profit management.
Eligibility
- An aspiring cost and management accountancy candidate must have passed the 10th grade or an equivalent exam.
- They can also pursue this course if they have passed their 12th grade from a recognised board in India.
6. Actuary
To become an Actuary, one needs a mix of strong analytical abilities, business acumen, and knowledge of human psychology. Knowledge of mathematics and statistics is essential to be an Actuary. Actuaries apply mathematics, statistics, and financial theory to assess financial risks, particularly those relevant to insurance.
Eligibility
- Students intending to pursue actuary must be 18 years old.
- They must have completed their 10+2 from a recognised board.
- They must have mathematics as one of their core subjects.
7. Financial Risk Manager (FRM)
Financial risk management employs financial instruments to control exposure to financial risks, namely operational risks, credit risks, and market risks, to preserve the economic worth of an organisation.
Eligibility
- Candidates must have completed their grade 12 examinations with an aggregate of 50%.
- Candidates with a bachelor’s degree can also become Financial Risk Managers.
Financial risk management is a lucrative option for aspirants confused about their career path after grade 12. FRMs get hired by leading corporations like Deloitte, JP Morgan, PayPal, American Express, and even Amazon.
Wrapping up
Who said only a CA course could fetch handsome salaries and guarantee a booming career? The career options after commerce (except CA) mentioned above prove that you can prosper professionally even if you do not follow the conventional path to success. These career options are highly sought-after and will expose you to rewarding professional opportunities.
Build a flourishing career with Zell Education after grade 12 commerce by taking the CFA Course, ACCA Course, or US CMA Course . Zell guarantees the holistic development of skills with an all-encompassing and personalised study plan, interactive online classes, and guidance from eminent faculty. Enquire now to learn more about our courses.
FAQ
Which career is best after 12th commerce?
There are many career options after class 12 commerce. CFA, ACCA, CMA, financial risk management, actuary, CS, and cost accountancy and management are some of them.
What should I do after B.Com, except for CA?
While many opt for an MBA, you can consider doing a CFA course, ACCA course, CMA course or even a cost accountancy and management course.
What are alternatives to CA?
CFA, ACCA, CS, financial risk management, cost accountancy and management are great CA alternatives.
Which course is best other than CA?
Each course comes with its challenges and advantages. Although the course you choose depends on your professional goals and interests, cost accountancy and management, CMA, CS, and CFA are good options if you do not want to be a CA.
