The statements above are some ideas we have been led by our society, parents, and friends to believe, but hardly hold a candle to the truth. The truth, yes, is that the commerce stream, much in the same way as science, or humanities for that matter, opens up a plethora of career opportunities for students. While the long-standing norms for selecting streams in our country have dictated that toppers and academically-gifted students naturally drift towards science, it is a practice that is fast being overturned.
Students, today, are proactively opting for the commerce stream, regardless of their academic standing.
This article is a part of our series on career options with each stream combination.
Read more about top career options for Humanities students. It is the study of the production, transfer, and use of goods, services, and resources. It is a research-oriented career and would require you to learn and make use of various theories, principles, and models.
Economists conduct researches and analyse data to predict market trends, build economic theories and models, and make recommendations for resolving economic issues. The field has an extremely positive future outlook, as there is a huge demand of qualified economists in consulting firms, private banks as well as public sectors, both in India and abroad.
Professional opportunities in this field include working as an economist, statistician, strategist, risk management analyst, operations research analyst, insurance underwriter, budget analyst, etc.
Most of the top colleges for Economics require you to have a Maths background in order to be eligible for the course. This rule has been made keeping in mind the strong relationship of Economics with Maths and "Job oriented courses after bcom in bangalore dating."
Economics as a Career in India. Actuarial Science is a field dealing with the analysis of risk across various fields, such as insurance, business, finance, and healthcare. Professionals in this field called Actuariesemploy mathematical equations, statistics, and financial theories to determine risk and uncertainty associated with various future events that can impact business.
To this end, they collect statistical data, conduct analysis, and design and implement numerous business strategies. Their work can thus involve designing and determining the pricing of insurance policies, establishing the amount of liabilities, etc. It is one of the emerging career options and is extremely lucrative on the monetary front. However, it is also considered one of the toughest careers, with longer work days than others on average, and a relatively tough academic cycle. It can be an excellent career option if you enjoy numbers, statistics, and data analysis.
Actuaries work in life insurance, general health insurance, pension funds, enterprise risk, actuary consulting firms, investment, pension and retirement, risk management, etc. There are 15 exams in total conducted by the IAI, however, you can start working "Job oriented courses after bcom in bangalore dating" an actuary after clearing only exams. The most beneficial graduation streams for this career include Maths Hons.
Although there is no rule barring non-maths students from pursuing this career, such students are likely to face difficulties, as this is a highly numbers and data driven field.
Uncovering Actuarial Science as a Career. It is another popular career route, with a relatively reliable career progression. It is a broad field that allows you the opportunity to select from different roles and specializations, including operations, marketing, HR, finance, international business, sales, etc. Management being a highly versatile degree, you can find various national and global opportunities in domains such as consulting, general management, human resources, marketing, sales, strategy, operations management, supply chain management, finance, etc.
Management as a Career in India. This is an umbrella field for various commerce related domains, such as accounting, auditing, finance, taxation, etc. A degree in B. Com Programme and Hons. The flourishing trade and commerce of the country, as well as the growing economy, make this an in-demand field with a number of respectable and lucrative career options available.
You can pursue a B. Commerce as a Career in India. One of the most well-known and popular career paths for commerce students, Chartered Accountant C. A Chartered Accountant works across various domains of business such as audit, taxation, investment, finance, etc. You can find professional opportunities in government and private organizations, in roles such as auditing, tax consulting, corporate finance, investment banking, corporate finance, investment banking, etc.
You would also have the option to set up private practice after a few years of experience. After your 12th standard, you need to go through the following steps to become a Chartered Accountant:. Career as a Chartered Accountant in India. The Company Secretary takes care of the efficient administration of a company, particularly with respect to ensuring legal and statutory compliance, and governance-related issues such as ensuring that the decisions of the board of directors are implemented.
Their job involves giving advice on conducting business, dealing with situations involving conflict of interest, suggesting ways to prepare financial reports, developing corporate strategy, assisting in planning, and advising on company law. You can work with both public and private sector organizations and render services in areas such as legal, secretarial and corporate governance, corporate restructuring, foreign collaborations and joint ventures, arbitration and conciliation, financial management, project planning, capital market and investor relations, corporate advisory services, etc.
You can also set up independent practice in these areas. After passing the executive program, you have to undergo 15 months of practical training. Company Secretary as a Career in India.
A career in the finance domain involves helping businesses and individuals in making various financial planning decisions, monitoring cash flow, managing assets and liabilities, raising capital for expansion and running business operations. A common set of skills required across finance careers include a good grasp of economics and accounting concepts, a knack for numbers and data, and analytical thinking.
While it is possible to get into this career through any graduation, these courses would equip you with the requisite knowledge of financial concepts and related skills right from the start, leading to a stronger base. Finance as a Career in India. Bank Probationary Officer PO is an entry-level position in a bank, where an individual begins as a Bank PO exams are conducted by both public and private banks.
During the probationary period 2 yearsthe candidates are required to work across various activities related to the daily functioning of a bank, such as handling cash flow, customer complaints, supervising clerical work, loan processing and approval, issuing ATM cards and checkbooks, etc. After the completion of the probation period, the candidate becomes an assistant manager, with an outlook at becoming the branch manager and attaining higher positions over the years.
You can give the Bank PO exam after graduation in any stream, although degrees such as B. Com, BBA, Economics can be advantageous. Bank PO as a Career in India. Cost and Management Accountants earlier referred to as Cost and Works Accountants are responsible for budgeting, cost management, performance evaluation and asset management within a company or organization.