Completing your 12th board exams may have seemed difficult, but in all honesty, the difficult phase has only just begun because now, you have a career path to chart out. Those who chose science as their career stream intending to enter medical or engineering can still choose a career in commerce depending on their change in interests. On the other hand, those who’ve chosen arts as their preferred stream can also consider certain commerce related fields, however, it may be a challenging journey due to a complete change in subjects and learning concepts.
The field of commerce offers a wide variety of career options ranging from business management to certified management accounting. No matter which field you choose, you’d be required to take up a professional course after graduation to gain industry-specific skills and in-depth knowledge. Some of these professional courses can be taken alongside your graduate degree as well, so within the period of your graduation, you also become a qualified professional.
Here are the top 10 courses for commerce students that are trending currently and offer great future scope.
Top 5 commerce-related courses to watch out for
1. Bachelor in Business Administration
The BBA degree is a popular undergrad degree which can be pursued right after you complete your 12th examination. This three-year course teaches aspiring students all about business management and helps them gain the skills required for building successful businesses with efficient decision-making and problem-solving. After the successful completion of this course, a plethora of opportunities in the field of sales, marketing, finance, education and even in some government sectors might open up for you.
Fees Structure for Different Types of BBA
Full-time BBA: INR 3 lakh to 6 lakh
Part-time BBA: INR 50,000 to 60,000
Distance or correspondence: INR 45,000 to 60,000
Online BBA: INR 25,000 to 40,000
The average salary for BBA professionals (based on job profile)
2. Bachelor in Management Studies:
Bachelor of Management Studies is again a three-year undergrad course for commerce students that is generally opted by students who wish to gain in-depth knowledge in human resources, business management, operations and economics. By taking up this course, students can also venture into specific business-related fields such as stock trading, risk analysis and business leadership. As this course also equips students with these concepts.
Average fees for BMS: INR 20,000 to 2 lakhs
The average salary for BMS professionals (based on job profile)
3. Bachelor of Economics
If you’re good at maths and have always been fascinated with how human behaviour affects the demand and supply of goods, pursuing a bachelor of economics degree might be a good option for you. In this three year course, you’ll learn all about small scale and global scale economic factors i.e, micro and macroeconomics that further contribute to the larger picture. After the successful completion of this course, you’ll be equipped to work in various government offices, private banks, finance and banking sectors as well as trading companies.
Average fees for BE: INR 15,000 to 65,000
The average salary for BE professionals (based on job profile)
4. Bachelor of Mass Media:
Bachelor in Mass Media (BMM) is becoming quite an in-demand degree due to the range of opportunities it offers. In the last year of this three year degree, students get a chance to choose a specialisation between advertising and journalism. Upon choosing ‘advertising’, students get a chance to explore various fields in marketing, social media, PR, filmmaking, event management and other exciting opportunities that offer great exposure along with a good salary package. If you happen to choose journalism, you could get a chance to become a Reporter, Editor, News Anchor, Radio Jockey or a Writer.
Average fees for BMM: INR 10,000 to 1,25,000
The average salary of BMM professionals (based on job profile)
5. Bachelor of Commerce in Financial Markets:
B.Com in Financial Markets is a three-year course divided into 6 semesters. This undergrad course gives you an in-depth understanding of the financial markets, stock exchange, bonds, and commodities. By the end of this course, you will learn all about managing finances, new-age investment strategies, and debt and equity management. Upon completion of this undergrad course, you can work as a Stock Broker, Tax Consultant, Auditor, Accountant and Banking.
Average fees for B.Com in FM: INR 1K to 3 lakhs
The average salary of B.Com in FM professionals (based on job profile)
Top 5 professional courses you should pursue
While undergrad degrees can help you gain knowledge about the industry you wish to work in, a professional course will equip you with the skills you need to get well-paying jobs. Here are some professional courses that you can pursue along with the undergraduate courses to enhance your CV along with your skillset.
1. Certified Management Accountant
US Certified Management Accounting is an advanced management accounting course that helps students turn into expert finance professionals who analyse, report and maintain cash flows. They offer consultancy services and solutions based on their financial knowledge and skill set. Certified Management Accountant (CMA) is a credential awarded by the Institute for Management Accountants, USA. This global certification is open to all students who have completed their 10+2 or the high school equivalent. If you are interested in pursuing a career in accounting, check out our Certified Management Accountant (CMA) course.
Average course fees: INR 65,000-1,00,000
The average salary of CMA professionals
2. Chartered Financial Analyst
Chartered Financial Analyst (CFA) is a position designated by the CFA Institute. Companies employ CFAs in large numbers at various positions for their specialised knowledge in finance. They are hired for various roles such as Portfolio Management, Consulting, and Risk Management, to name a few. The field offers vast opportunities in the world of finance and necessitates a steep learning curve. If you have recently completed your graduation or are appearing for your final semester, you may be eligible to become a CFA. Interested? We highly recommend checking out our Chartered Financial Analyst (CFA) course.
Average course fees: USD 700 – USD 1000
The average salary of CFA professionals
3. Association of Chartered Certified Accountants (ACCA)
ACCA is a globally recognised Chartered Accountancy course that’s accepted in 180+ countries. After pursuing this professional accountancy qualification you can work as a Chartered Accountant in any country you wish to settle in. This two-year programme can be completed in six months based on your learning speed and training efficiency. If you’ve made the decision to become a global CA and are contemplating your next move, we can help you take a step forward. Check out our Association of Chartered Certified Accountants (ACCA) course to learn more.
Average course fees: Exam fees: £108 to £140, Registration fees: £30, Subscription fees: £111, Study Material: ₹2,500 to ₹3,000
The average salary of ACCA professionals (based on job profile)
4. Company Secretary
A Company Secretary (CS) is the most preferred course after 12th commerce due to the demand for these professionals in every industry and every field. A Company Secretary is the one who handles major responsibilities of maintaining documents, organising meetings, recording data and ensuring the decisions made by the board of directors are well implemented. After completing this course most professionals receive exciting offers to work with dynamic CEOs, investors and high profile individuals.
Average course fees: The examination fee for each of the three examinations is INR 1200. The course fee starts from INR 4500.
The average salary of CS professionals
5. Data Science
One of the most trending professions that’s not only super exciting to learn but also ensures great future scope. Data Science professionals are supposed to identify valuable data collection sources and automate the process of collecting and analysing data. They are required to structure the unstructured data to discover the changes in consumer behaviour, trends and patterns.
Average course fees: INR 1,00,000 to 4,00,000
The average salary of Data Science professionals
Building a successful career requires a well-planned learning journey with a coach/coaching institute that assists you through every step of the way. A good coaching institute not only helps you select the right course based on your expertise but also helps you gain the skills you need to work for the top companies. If you’ve just completed your or your graduation or are working professional looking upskill, we at Zell Education can help you up to your game. Speak to our academic advisors at Zell Education, and let them guide you in the right direction. Get in touch at +91 998798444 or email us at email@example.com.
Can I pursue professional courses without a graduate degree?
You can start pursuing professional courses such as US CMA, ACCA and US CPA after completing your 12th exams. However, to achieve your final certificate and qualify as a professional, you will require your graduation degree.
Is it worth doing CPA if I'm a CA/MBA?
Anyone with an interest in accounting, auditing, corporate finance, financial advisory, investment banking, corporate governance, taxation, etc. can pursue CPA.
Which professional course should I pursue to become a Hedge Fund Manager?
You can complete your graduation in Economics or pursue a B.Com degree, to begin with and then compliment your graduation degree with a professional CFA degree.