Studying commerce can open the way to a variety of exciting career options and jobs. The article talks about the exciting careers in commerce you can explore and the variety of factors that make these careers so interesting!
Top Commerce Career Options You Can Explore
There are a plethora of amazing careers that you can explore in the vast and growing field of Commerce. And it is not a must that all the happening careers are for those who took courses after 12th commerce with math. In fact, there are an equal number of opportunities that are available for those who have taken or are going to take courses after 12th commerce without math. Let us see some of the top ones and how you might be able to start exploring them for yourself:
Career Options in Commerce With Math
1. Chartered Accountant (CA)
If you’re analytical, carry exceptional reasoning skills, and are accurate with numbers, then accountancy may be your calling. As a chartered accountant, you can be involved in a diverse set of roles and responsibilities ranging from financial analysis and reporting to budget management to evaluation and auditing to tax consulting and so on.
2. Investment Banker
Investment banking has been among the sought-after careers for ages. This work type is high risk and demanding in terms of time commitment. You will be helping various clients ranging from governments to corporations, and institutions to raise capital and complete mergers and acquisitions. Students can pursue the Business Analyst Certification Training Course to lay some basic foundation for this career option.
3. Chartered Financial Analyst (CFA)
A chartered financial analyst (CFA) is one of the most revered career options in finances and is recognized worldwide, once the designation is given by the CFA institute to the candidate. To be a charter holder, candidates are required to pass three really difficult examinations, have a bachelor's degree, and acquire at least 4 years of relevant work experience.
If you have a knack for mathematics, statistics, and business management, you can easily enter this field and create value in the business world. Your day-to-day might include financial modeling and risk analysis of property loss, disability, or other probable problems that could impact the company. Being an actuary is one of the best careers in commerce and is not only diverse but also comes with the flexibility of either working independently or with an established organization.
5. Cost Accountant
As a cost accountant, your job will entail but not be limited to responsibilities such as profitability analysis, budget preparation, data collection, coordinating physical inventory counts, and so on. In a nutshell, you will help companies and make sure that their money spent is well-planned and worth it by propagating cost-efficiency.
6. Company Secretary (CS)
A company secretary’s work can include important tasks such as advising the board to facilitate legal, statutory, and regulatory requirements, filing company tax returns, and so on. The best part of this career option is that any student from any of the streams can apply for the foundation program after clearing their 12th-grade examinations, and clearing the three stages of examinations. This can easily qualify as one of the best courses after 12th commerce with a high salary.
7. Personal Financial Advisor
Personal Financial Advisors are financial experts who help their clients with their short-term and long-term financial goals. Their advice can range from property investments, tax, insurance, taxes to retirement. To be successful, personal financial advisors need to have a great understanding of investment markets and should have a knack for identifying the best stocks, bonds, or funds for their respective clients.
8. Research Analyst
One can aspire to become a research analyst in operations, economics, finance, and equity, amongst others. To enter this field, you would require a bachelor’s degree in a specific field of research such as marketing, finance, or economics although a Master of Business Administration Course after a few years of work experience can also enrich your career.
Career Options in Commerce Without Math
Contrary to popular belief, career options in commerce without math are plenty. Here are a few to get your gray cells thinking:
After completing their 12th grade, commerce students can seek entry-level marketing jobs and opportunities to gain experience and eventually move up the ranks in their field. There are plenty of marketing jobs with small businesses, especially those that focus on digital marketing, a field that is up-coming and going strong. The easiest way to enter this segment would be to undertake a Certificate Program in Digital Marketing and at a later date, once your graduation has been completed, then even take a PG course in the same to further your prospects in the segment.
This is unarguably the most attractive career path in current times, where you set up your own business and sell your products or services to retail or business consumers. This article here will help you understand how you can go about cost-effectively promoting your product or service.
11. Human Resource Management
Human resource managers find, screen, and hire new employees and administer employee benefit plans and other employment-related incentives. Due to people's growing interest in working in the business and management sector, there is a wide range of opportunities in this industry.
12. Certified Public Accountant (CPA)
A certified public accountant manages the accounting, reporting, taxation, and auditing processes for businesses, clients, and the government. They offer insightful knowledge about how to make wise financial decisions when the stakes are high. For commerce students, it is one of the highest-paying careers in the US and globally. AICPA administers the CPA test (American Institute of Certified Public Accountants).
13. Retail Management
The position of a retail manager is one of the burgeoning professions and is frequently rated among the highest-paying jobs in the business. A retail manager maintains a store's operation. They care for the workers and their needs while maintaining close contact with the customers. Professionals that have completed Retail Management Courses are well-informed about brands, retail philosophies, and consumer acquisition tactics.
14. Cost Management Accountant (CMA)
CMA is a professional credential internationally recognized for commerce and account professionals. It is one of the most challenging courses in India and one of the highest-paying occupations for commerce students. The CMA course is provided in nations like the USA and is linked with ICAI.
15. Product Management
With the latest technological developments, every company constantly develops cutting-edge goods and services to appeal to a global market. A product manager plays a crucial role in all stages of the creation of a product, from early conceptualization to design and final production. Every organization, from Google to Tesla, is constantly searching for qualified product managers who are highly creative and imaginative.
16. Sales Manager
A Sales Manager is entrusted with conceptualizing, planning, and organizing the sales strategy and keeping a solid customer base and market presence, making it one of the high-paying jobs for commerce students and top occupations. The sales manager also oversees the sales representatives and handles their hiring, selection, and training to give them the skills they need to draw in more clients and increase the sales of the company's goods.
17. Hotel Management
Hotel management is another profession among the highest-paying careers for commerce students. Hotels play a significant role in travel and tourism and significantly impact domestic and global economies. With or without math, one of the most sought-after specializations for commerce students offers many of the highest-paying positions. Starting salaries for hotel managers typically exceed four lakhs per year, with the potential for increases as they gain experience.
18. Budget Analyst
As the name implies, a budget analyst carefully monitors the organization's spending and budgets. They typically work for private or public organizations, assisting them in effectively and efficiently managing their resources. A budget analyst, another well-known occupation in business, works for a private company and is primarily responsible for managing the budget and spending while developing more effective methods of increasing sales and profits. A budget analyst in a public organization, on the other hand, concentrates on financial management and budget allocation.
19. Relationship Manager
Relationship managers look after a company's connections with its clients. The responsibilities of the Relationship Manager encompass anything from responding to inquiries and complaints to providing basic information and making sales.
An auditor examines financial statements to confirm that organizations and businesses adhere to legal requirements. To operate as an auditor, you'll need a degree in accounting, finance, economics, or a comparable subject. You should also be specially certified.
21. Stock Broker
This is also one of the most preferred career possibilities for commerce majors and is known as an investment broker. They are in charge of purchasing and selling stocks on behalf of a specific customer, business, or company as they research and evaluate the financial market. For a successful career in this field, one must have a solid understanding of accounting, business law, and the stock market. A certification in financial risk management or an MBA in finance may benefit this position.
This course is open to any students interested in mathematics and statistics. Students learn about permutations, probability, statistical methods, and other topics.
After a 12th-grade commerce major, LLB is a solid choice with lots of future potential for all students. The Bar Council of India oversees the program (BCI) and the students receive their degree upon course completion. Studying topics like constitutional law, property law, banking law, etc., is part of this course.
24. Journalism and Mass Communication
Students can also choose this professional path, where they will learn about the nation's current economic developments. After finishing this course, candidates can easily find employment in many media outlets, including print and digital media.
25. Digital Marketing
Today, digital marketing is one of the best employment alternatives after 12th commerce. Digital marketing is different from traditional marketing in that it allows for promoting services, brands, or goods via digital channels. It is one of the industries that is growing at the fastest pace, with hundreds of new career options being created every second.
Popular Commerce Stream Jobs
After completing 12th grade, many students are looking for commerce stream jobs. Besides the 10 listed above, there are other careers in commerce that one can pursue after the 12th. These include retail management, human resources, customer services, business development, and academia, among others. If you're interested in pursuing one of these jobs, be sure to research the various jobs and degrees available. There's no one right path to take, so find what works best for you and go for it!
Are you worried about your career options after clearing your grade 12 in the commerce stream? Well, the good news is that this stream, with or without math, opens up many avenues that one can pursue! However, to pursue a particular career, one needs to build a basic foundation in its field. To scale up your learning and career potential, Simplilearn brings the in-demand learning platform with SkillUp programs, where students can opt for the free courses and facilitate self-learning and potential. The best way to increase one’s knowledge and worth at the same time.
1. Do career options in commerce without math have a future?
Yes, even if one has opted for commerce without math, one can still make great careers in fields such as marketing, human resources, or even starting your own business, and more.
2. What jobs should you look for after clearing the 12th commerce field?
Commerce is a vibrant domain that opens your horizons into many fields ranging from accounting to finance to business management, and more. After clearing your commerce field in the 12th grade, aspiring students can go for either a private or a government sector job after getting specialization in a domain of their choice.
3. Can someone join the entrepreneurial journey after passing commerce in the 12th field?
Though highly recommended, you don’t necessarily need a degree in entrepreneurship to pursue it. You can jump into entrepreneurship ventures and get some hands-on experience and learning.
4. What are the most popular careers in commerce?
The most popular careers in commerce include accounting and finance, marketing and sales, HR, business analysis, insurance and risk management, and management roles.
5. What is the salary potential for a career in commerce?
The salary potential for a career in commerce can vary significantly depending on factors such as the specific job role, level of education and experience, industry, geographic location, and the organization's size. Some average salary ranges for specific commerce-related beginner careers:
- Marketing: INR 1 - 6 Lakhs annually
- Business Analysis: INR 3 - 7 Lakhs annually
- Accounts and Financing: INR 1 - 4 Lakhs annually
6. What are the challenges and opportunities of a career in commerce?
A career in commerce presents challenges such as intense competition for top positions, economic uncertainties impacting job stability, rapid technological advancements necessitating continuous upskilling, high-pressure work environments, and the need to stay abreast of ever-changing regulations.
However, it also offers opportunities for career growth, a diverse range of roles and industries to explore, potential for lucrative earnings, chances to work globally, and the satisfaction of contributing to strategic decision-making and business success. Adaptability, ongoing learning, and strong problem-solving skills are essential for navigating these challenges and making the most of the abundant opportunities in the dynamic field of commerce.
7. How can I get started in a career in commerce?
To start a career in commerce, begin by pursuing a relevant degree in areas like business, finance, or accounting. Gain practical experience through internships or entry-level positions to understand real-world operations. Network with professionals in the field, consider obtaining relevant certifications and identify your preferred specialization within commerce, such as marketing or supply chain. Stay updated with industry trends through continuous learning and professional development.
8. What are the different specializations in commerce?
Commerce offers a diverse range of specializations that cater to various aspects of business and economics. Some of the key specializations in commerce include: Accounting and Finance, Marketing, Management, Human Resources, Economics, International Business, Entrepreneurship, Supply Chain Management, Business Analytics, E-commerce and Digital Marketing, Banking and Financial Services, Risk Management and Insurance, Real Estate Management, Tourism and Hospitality Management, and Retail Management.
9. Which is the highest position in commerce?
Chief Executive Officer (CEO) The Chief Executive Officer (CEO) is one of the highest- positions you can achieve after pursuing commerce.
10. Which commerce profession has the highest salary?
Top professions in commerce include:
- Chartered Accountant (CA)
- Marketing Manager
- Investment Banker
- Human Resource Manager