By Mr. Vikas Jain, HOD (Commerce)
The following are the arrays of career opportunities in Commerce
Stock Broking & Investment Analyst.
Cost and Management Accounting (CMA)
SSC(Staff Selection Commission).
Media and Journalism.
MBA in Finance
MBA in Marketing
MBA in HR (Human Resource)
MBA In International Business
MBA in Operation Management
MBA in Rural Management
MBA in Agri Business Management
There are about more than 48 Micro specialization in MBA which are not stated above.
The selection for such courses is done on the basis of an entrance examination conducted at the National or state level such as CAT/MAT/XAT/SNAP/CMAT etc.
Banks hire fresh commerce graduates. You can get a job in any bank by registering on the banks websites or by following the employment news.
Entry Level Information
Candidates get recruited at 2 levels in the banks :-
The procedure of selection varies with nationalized and international banks.
Clerical Level- Graduate with 60% marks and Qualifying Entrance Exam
Officers Level:-Graduation and Bank Probationary officers Exam(Bank P. O. Exam). Bank P. O. Exam require high degree of proficiency and Skills.
Bank officer of Nationalised Bank is a Gazetted officer of the Government of India.
Banks also appoints CA, MBA, CS, CMA, CFA’s etc. as regular employee who are the part of their Technical Team.
Perks and Remuneration are best in the industry.
Banks also appoints Merchant Bankers as Share Brokers and intermediaries.
Banking provides high carrier growth and development through out their service.
Accountant is required in all types of Industries. Every company requires accountant to run their business
and to keep track of Profit and Loss of their Company.
Every organization - no matter if it is a large corporate house or an NGO - must maintain accounts and manage its finances.
Only qualified chartered accountants are permitted to audit an organization's records
C.A.’s are responsible for :
Financial & Tax & Management
Accounting & Auditing
Advise and Planning.
Registration can be done after 10th and exam after completing High School (12th)
Exemption: CPT Exempted for Graduates, Post Graduates and equivalent Degrees. Commerce students with 55% marks and other Graduates with 60% can take direct admission for IPCC.
Exam Dates: CPT exam held in JUNE and DECEMBER in paper pencil mode.
For details visit: https://icai.org
Career as Company Secretary
A company secretary has been recognized by Various enactments as one of the principal officers of the company.
The knowledge and training acquired by him makes him versatile to carry out various functions in
Personnel areas in addition to his own secretarial duties and responsibilities. In fact, his role starts from the very moment when the idea of formation of a company is conceived.
After 10+2 pass
Three stages to pursue the Company Secretaries Course i.e.
After passing the Graduation
Two stages of the Company Secretaryship i.e.
Foundation Programme which is of eight months duration can be pursued by 10+2 pass or equivalent students of Arts, Science or Commerce stream (Excluding Fine Arts)
Executive Programme can be pursued by a Graduate of all streams except Fine Arts.
Professional Programme can be pursued only after clearing the Executive Programme of CS Course
Insurance sector not only provides a protective shield to the lives and assets of the nation but also generate thousands of jobs and career opportunities.
Course Details:- To pursue a career in the insurance industry, one has to pass the entrance exam conducted by “ Actuarial Society of India, Mumbai” students who have passed 10+2 or Equivalent are eligible.
Career prospectus:- Post-graduates in any discipline can be recruited as Asst. Administrative Officers through the recruitment exam conducted by the Insurance companies.
Top colleges offering UG/PG courses
.Actuarial society of India, Mumbai.
Amity school of Insurance and Actuarial Science, Noida.
Birla Institute of Management & Technology, New Delhi.
College of Insurance, Mumbai.
Institute of Insurance & Risk Management, Hyderabad.
International School of Actuarial Sciences (ISAS), Hyderabad.
National Insurance Academy, Pune.
The ICFAI school of Finance and Management, Hyderabad. Etc.
Skills Required:- Strong Mathematical Skills, Logical Reasoning, Good Communication skills, Financial Skills, knowledge of various laws, computing skills.
Stock Broking & Investment Analyst
Career as Stock Broker and Investment Analyst: This is like a profession in form of Self-employed of employment.
Courses: MBA in Finance, Degree in Economics Degree in Statistics, CA, Post Graduate Diploma in Securities Market (Offered by NISM, Mumbai), etc.
Admission: Through CAT Score and Merit.
Skills Required: computer skills, Research skills, Self-starters, Communication skills, Organisational skills, Analytical skills, Quantitative skills, Problem-solving skills, Passionate About the stock market.
Cost and Management Accounting (CMA)
CMA Course is designed to nurture young business leaders of tomorrow who can convert the dream into reality by taking strategic management decisions effectively in both the National and International arena.
This course is based on International Standards set by IFAC(International Federation of Accountants) and IASEB (International Accounting Education Standards Board) and Initial Professional Development- Professional Skills(Revised) through IEG (International Educational Guidelines)
CMA Course Structure
CMA Foundation eligibility:- Minimum 55% in class 12.
CMA Intermediate Course eligibility:-
The candidate must have passed class 12 and CMA Foundation Course or Candidate must have completed graduation in any discipline.
CMA Final Course eligibility:-
Candidate must have passed CMA intermediate course, both groups or all eight papers.
For more details of eligibility and exceptions: visit CMA website: https://icmai.in
Undergraduate Courses for commerce students
Bachelor of Commerce(B. Com.)
Bachelor of Business Administration (BBA)
Bachelor of Management Studies/Science (BMS)
Cost and Management Accounts
CFP- Certified Financial Planner
Bachelor of Mass Communication and Journalism
Bachelor of Computer Applications (BCA)
Bachelor of Business Studies (BBS)
Bachelor of Commerce
B. Com. (Honors')
B. Com. (Pass)
B. Com. (Business Economics)
B.com. (Accounting & Finance)
B. Com. (Financial Market)
B. Com. (Banking & Insurance)
B. Com. (Business Studies)
B. com. (Office management & Secretarial Practices)
B. Com. (E-commerce)
B. Com. (Foreign Trade Management)
B. Com. (Taxation)
B. Com. (Marketing)
B. Com. (Travel & Tourism Management)
B. Com. (Event Management)
B. Com. (Hotel Management)
B. Com. (Actuarial Science)
B. Com. (Auditing)
Specialisation in M.Com
Finance; Computer Applications, Accountancy; Accounting and Finance; Marketing; Banking and Finance; Business Administration; Business Management; Financial Management; E-Commerce; Taxation; Finance and Control; Banking;
MASTERS OF BUSINESS ECONOMICS (MBE)
MASTERS OF COMMERCE (STATTISTICS)
Post Graduate Diploma Courses:
Post Graduate Diploma in Accountancy
Post Graduate Diploma in Bank Management
Post Graduate Diploma in Statistics
Post Graduate Diploma in Accounting Softwares
Note: You may also be interested to know about careers in the following subjects.
Careers in Maths
Careers in Physics