Top 8 Courses & Career Paths after 12th Commerce in 2024

May 15, 2024
commerce stream

Quick Summary

  • The commerce stream focuses on business, finance, economics, accounting and related subjects.
  • After completing 12th in commerce, some of the popular courses are BBA, LLB, Chartered Accountancy, Bachelor in Economics etc.
  • Chartered Accountant, Investment Banker, Marketing Manager, Company Secretary are some of the career options in the commerce field.

Table of Contents

Are you concerned about your job options and whether the commerce stream is the best choice for you?

You’ve come to the perfect place if you want to learn what’s beneficial for your future in commerce and whether this field of study is a great fit for you or not.

Today’s students are choosing the commerce stream over the more popular science courses. The enrolment in commerce stream rose gradually from 28.9 lahks to 43.2 lakhs respectively during 2012-13 to 2020-21. Their success has demonstrated that anyone can be prosperous and that running an effective business may help one make a significant difference in the lives of others.

The insights in this article will allow you to make educated choices regarding your potential in the commerce stream.

What is Commerce Stream?

The commerce stream is an academic pathway that primarily focuses on business, finance, economics, and related subjects. It includes subjects such as accounting, economics, business studies, mathematics, and english. Students who choose commerce as their stream of study generally aspire to pursue careers in fields such as finance, banking, accounting, marketing, entrepreneurship, and management. The commerce stream provides students with practical knowledge and skills related to the business world, which can help them in their future professional endeavours.

Also Read About: Commerce vs Science: What to Choose and Why?

commerce stream


Subjects in Commerce Stream

Subjects that are included in the commerce stream are as follows:

Economics

One of the most important and sought-after topics in commerce is economics. Having a comprehensive understanding of the production, transport, and consumption of products and services is the basic goal of studying economics.

Economics is a field of social science that examines resource allocation and best use as well as the creation, exchange, and use of commodities and services within a society. In contrast to macroeconomics, which examines how the economy responds to issues like rising prices, GDP, the equitable distribution of assets, and global economies, microeconomics examines independent choices and customer behaviour on a local scale.

Read about: Exploring the Contrasts Between Microeconomics and Macroeconomics

Business Studies

For students majoring in commerce, business studies are one of the more intriguing and captivating courses. Regardless of whether you chose the commerce stream with or without math, it is still a need for the syllabus and CBSE Courses for Class 11. Business Studies covers all the essential ideas for people who desire to learn more about the activities of business enterprises, from their inception through their management.

The coursework for this subject seeks to provide students with a fundamental knowledge of the different principles and practises prevalent in industries and businesses and to specifics their interactions with society because the study of business enterprises and how they operate is a key component of the Commerce stream.

Accountancy

Accounting is one of the most popular choices for those interested in a career in the commerce field. It deals with the recording, categorization, and reporting of commercial transactions for a firm or an individual. Briefly said, knowing accounting makes it possible to control a company’s costs and revenue, giving management feedback on an organization’s financial activities and performance. Along with monitoring the company’s financial situation, the key tasks associated with accounting are issuing invoices, tracking funds, and paying workers.

Informatics Practices

There is a branch of software-related study called Informatics Practices. The main topics of the course include coding, networking, and software. In contrast to computer science, this field does not include hardware notions. More than computer science, networking topics are the primary focus.

Mathematics

Since all economic processes are based on numbers, mathematics plays a significant role in commerce. An individual or organisation will be able to grasp their financial status both now and, in the future, if they have a basic understanding of mathematical concepts. Most businesses utilise mathematics for sales forecasting, marketing, accounting, and inventory management

Commerce Stream After Class 10th

Many youngsters choose a career in commerce stream after grade 10. So, commerce is the major for you if you want to pursue a profession in a sector like advertising, banking, or business management.

Core and optional courses in commerce are available to help you learn more about the way businesses function. After class 10, you can select a math-based or math-free commerce course. Business administration and management studies are two examples of commerce courses that don’t require math.

Career in Commerce Stream After Class 12th

Commerce stream is the most dynamic stream. The vast range of career options in commerce stream is exposed to students after 12th. A plethora of courses and career paths are there in the commerce domain where students can develop an astounding career. The career paths mainly focus on fields like finance, marketing, business administration, accounting, taxation, and auditing. It offers you opportunities to work in various top-notch industries.

Suggested Read:
25+ Best Free Online Courses in India After 10th/12th
List of Best Diploma Courses After 10th for All Streams

Earn more to Help Students Learn More

Courses You Can Pursue in Commerce Stream

Following is a list of the best courses for commerce students after 12th: 

CourseEligibilityDurationUniversity
Bachelor of Commerce
(BCom)
50% in a class 12 or equivalent exam is required for admission to BCom programmes3 yearsDU,
University of Madras,
Gargi College
Bachelor of Business Administration (BBA)10+2 exam or an exam from an equivalent level from a recognised board is qualified to enrol in a BBA programme3 yearsChrist University
IP University
Bachelor of Law (LLB)Candidates must graduate from a recognised school with a Class 12 diploma in any stream3 yearsHindu University,
LJ University
Chartered Accountancy (CA)10+2 with an average minimum of 60%5 yearsChrist University
Bangalore University
Bachelor of EconomicsStudents must pass their class 12 board exams with at least a 50% overall grade point average or an equivalent CGPA from an approved board.3 yearsUniversity of Mumbai, Loyola College
Cost and Management AccountantPassed the senior secondary (10+2) examination or any other exam that is an equivalent from a board or institution that is recognised. And must have passed the ICAI’s intermediate-level test.3 yearsChandigarh University
Company SecretaryMust have completed 10+2 or its equivalent examination from a recognized board or institution.3-5 yearsUniversity of Mumbai, IIS University
Bachelor of Accounting and FinanceA minimum aggregate of 50% and above in the class 12 board exams is required.3 yearsChrist University, Jai Hind College

1. Bachelor of Commerce (BCom)

Most students want to choose BCom after completing their 12th. This is an undergraduate course focusing on subjects like accountancy, statistics, management, human resources, economics, computer, etc. This is one of the most demanding courses after completing 12th, also many job opportunities are available after completing the BCom degree. The BCom degree can be in both honours and general levels. This is one of the best commerce courses available. There are diverse career opportunities after BCom.

Career Options after BCom

  • Accountant
  • Business Executive
  • Accounts Manager
  • HR Manager
  • Account Executive

2. Bachelor of Business Administration (BBA)

If you are interested in pursuing a career in commerce business, then BBA can be the right degree. It is a professional program at the undergraduate level. BBA is one of the most fascinating and best degrees to follow your career in commerce stream. If you are interested in working in a company or gaining detailed knowledge about business and its administration, BBA is the right one.

Career Options after BBA

  • Retail Manager
  • Branch Manager
  • HR Manager
  • Commodities Trader
  • Marketing Executive

Explore about:
BBA vs BCOM – Which Should You Opt For?

3. Bachelor of Law (LLB)

If you are interested in gaining more knowledge about the constitution and other laws, LLB can be the best career option in commerce. Especially if you want to become a Lawyer or pursue Law as a profession in the future, then this is the main degree. Here you will study different laws like family law, constitutional law, property law, company law, administrative law, etc. This is one of the best courses to pursue in career in commerce stream. 

Career Options after LLB

  • Advocate
  • Corporate Counsellor
  • Litigation Lawyer
  • Legal Advisor
  • Judicial Officer

4. Chartered Accountancy (CA) 

Chartered Accountancy is a professional course to pursue after completing 12th. CA is one of the toughest but most rewarding career options. It is one of the highest-paying jobs in India and one of the best careers in commerce to pursue. You will learn about accounting and financial management, advanced accounting, auditing and assurance, business Laws, information technology, corporate & other Laws, etc. 

Career Options after CA

  • Chartered Accountant
  • Internal Auditor
  • Taxation Officer
  • Finance Manager
  • Forensic Auditor

5. Bachelor of Economics

Many commerce students choose BA/BSc Economics as a career option. This course enables students to learn economics in detail, financial concepts, political economy, statistics, etc. This is one of the prominent courses for commerce students. Also, there are many job opportunities available after completing Bachelor of Economics.

Career Options after BE

  • Economist
  • Financial Consultant 
  • Economic Researcher
  • Actuarial Analyst
  • Investment Analyst

6. Cost and Management Accountant

This is also one of the best professional courses for commerce students. It is offered by the Institute of Cost Accountants of India (ICMAI). Students need to clear different exams to gain this title. You can learn about cost and management accounting, fundamentals, basic principles, etc. There are many highly demanding jobs available after completing this degree.  

Career Options after CMA

  • Chief Accounting Officer
  • Investment Banker
  • Audit Manager
  • Forensic Accountant
  • Investment Analyst 

7. Company Secretary

CS is another professional course regulated by the Institute of Company Secretaries of India (ICSI). It involves expertise in corporate laws, governance, and secretarial practices. The students have to take the CSEET exam for this course. The course is divided into three levels- foundation, executive and professional.

Career Options after CS

  • Company Secretary
  • Legal Advisor
  • Business Consultant
  • Risk Manager
  • Chief Administrator Officer

8. Bachelor of Accounting and Finance

Bachelor of Accounting and Finance is a three year undergraduate program that includes subjects such as financial accounting, business analysis, taxation and auditing. Students with a strong interest in accounting and finance can pursue this course.

Career Options after BAF

  • Accountant
  • Financial Analyst
  • Auditor
  • Tax Consultant
  • Investment Banker

Best Paying Jobs for Commerce Students

Selecting a commerce major can help students land the highest-paying jobs after their 12th. The list of occupations available to students who completed their degree in the commerce stream is provided below.

Job ProspectSkills RequiredAvg Salary
Chartered AccountantFinancial reporting, Taxation, Financial analysis, Audit, Communication Skills10.5 LPA
Investment BankerFinancial analysis, Valuation, Market research, Negotiation skills, Project management11 LPA
Management ConsultantAnalytical Skills, Communication Skills, Project Management Skills, Strategic Thinking, Business Acumen24 LPA
Marketing ManagerStrategic thinking, Analytical and critical thinking, Project management, Leadership, Communication Skills12.5 LPA
Human Resource ManagerCommunication Skills, Interpersonal Skills, Organizational Skills, Recruitment and Retention Skills, Technological Skills10 LPA
Company SecretaryLegal Knowledge, Communication Skills, Analytical Skills and Problem Solving Skills7 LPA
Certified Public AccountantAnalytical Skills, Accounting Knowledge, Problem-Solving Skills, Communication Skills, Client Relationship Management Skills6.8 LPA
Chartered Financial AnalystFinancial analysis, Statistical Skills, Decision-making Skills, Communication Skills10 LPA

Read about:
Complete List of Highest Paying Commerce Stream Jobs
Guide to Choosing the Best Career Option for Commerce Students

1. Chartered Accountant

One of the better job alternatives for those with a foundation in commerce is becoming a chartered accountant. By achieving three tiers of tests, an internship, and extra certifications, students can quickly land this position. Manage the accounts and finances of the company in this position. Additionally, one of the highest-paid professions in India is chartered accountant.

Get to know about Salary of a Chartered Accountant in India.

2. Investment Banker

The most significant role in a company organisation is held by an investment banker. As a result, it is among the greatest and highest paying employment in India. Students in the commerce stream can advise and make suggestions to the organisation on investments and savings because they are familiar with accounting and finance. The primary responsibility of an investment banker is to support financial recommendations made by a corporation to maximise resource use.

3. Management Consultant

A management consultant is a professional who provides expert advice to organizations on how to improve their performance and achieve their goals. They analyze problems, develop solutions, and advise on strategy, operations, and organizational structure. They work with clients across various industries and may specialize in specific areas such as finance, marketing, or technology.

4. Marketing Manager

A marketing manager has one of the most in-demand professions and one of the greatest salaries for students of commerce. He or she is required to oversee a company’s product marketing division. They organise, advertise, plan, and estimate enterprises. Public relations and advertising are two strategies used by marketing managers to increase sales and the company they work for market visibility. A career in marketing management offers a wealth of lucrative and exciting options because there are many different marketing specialities to select from.

5. Human Resource Manager

HR manager is a well-known profession in the industry therefore it is one of the best career options to pursue after graduation. Human resource managers search, screen, and hire new employees as well as administer employee benefit plans and other employment-related incentives. Due to people’s growing interest in working in the management and business sectors, there is a wide range of opportunities in this industry.

6. Company Secretary

Company Secretary is an excellent career option for students interested in corporate governance, legal compliance, and company administration. After completing the company secretary course, individuals go under training conducted by the Institute of Company Secretaries of India (ICSI). With an increase in the number of companies, the role of a company secretary is in high demand.

7. Certified Public Accountant

Certified Public Accountant (CPA) is a profession that involves performing various accounting, auditing, taxation, and advisory tasks to help individuals, businesses, and organizations manage their finances effectively. Overall, pursuing this career option in the commerce stream offers numerous benefits, including career advancement, global recognition, job security and high earning potential.

8. Chartered Financial Analyst

The job role of a chartered financial analyst is to work on investment management and financial analysis of any organization. CFAs conduct in-depth analysis of financial statements, economic data, and market trends to evaluate investment opportunities and assess the financial health of companies. The eligibility criteria to become a CFA is that the candidate must have a bachelor’s degree or be in the final year of their degree, or have about 4000 hours of work experience in three years. The students should also pass the three levels of the CFA program to get this designation.

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Commerce Stream – In a Nutshell

Plenty of opportunities for a career in commerce stream are available in India as well as abroad. We are pleased to have helped you better grasp the primary career paths you could choose in the commerce field.

The time when occupations just required science or a few other art disciplines is long past. After completing a commerce education, you can now obtain a high-paying position.

Students will learn everything they need to know about commerce as a subject from this page, including its advantages, suitable career in the commerce stream, etc.

Your career is very important, so, make sure you carefully consider all your professional possibilities. Explore career advice with us before making the appropriate choice.

Frequently Asked Questions

What are the 6 Commerce stream subjects?

The commerce stream subjects are categorized into compulsory subjects and optional subjects. There are 6 subjects in the commerce stream.

1. English
2. Accounts
3. Economics
4. Business Studies
5. Informatics practices
6. Mathematics or Physical Education

Is commerce a good stream?

Commerce stream offers a huge scope in the job industry. The corporate sector majorly comprises professionals from the commerce domain. The commerce stream provides a wide variety of courses and career options for students. Students can make prospering careers in commerce. Various highest-paying jobs are available in the commerce domain.

What is the scope of the commerce stream?

The scope of the commerce stream is widespread. It covers plenty of professional courses that students can pursue in their careers in commerce. The commerce domain offers various top-notch positions in the job industry with high salary packages. Some of the popular job profiles are chartered accountant, company secretary, chartered financial analyst, CEO, investment banker, and many more.

Which course is suitable for a career in commerce?

The BCom programme is the most well-liked and desired programme for commerce students. Taxes, Economics, Accounting, and other related topics are covered in-depth in the BCom Syllabus.

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