All you need to know about Commerce Stream

Introduction 

Every student often gets worried thinking about their higher studies. Students and parents get worried about their children’s future studies, especially after 10th or secondary examinations. Because this is the most vital time for a student to choose their subject choice, it will impact the higher studies or the future career you want to pursue. So it is a hard decision to choose your stream after the 10th. There are mainly three streams you can choose after your 10th. Science, Arts, and Commerce. You have to choose according to your field of interest and your future job plan. Because whatever you will choose now will help you in your higher studies and pursue your dream job. So you have to make the decision wisely. Many students and parents know the Science and Arts stream, so they want to take their children these screams. But very less number of students and parents know Commerce stream. Like the commerce stream, what are the advantages of taking Commerce, colleges, jobs, etc.? So in this article, I will mention all details about Commerce stream so that every student gets to know about it. 

commerce stream
January 20, 2022
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Table of Contents

What is Commerce Stream? 

One can choose Commerce on 11 and 12th. Mainly Commerce is related to Accountancy, Business Studies, and Economics. You can choose Commerce if you are interested in these subjects. You will learn about the financial structures of any organization and how financial information is produced and analyzed. One can also learn about business strategy, business issues, processes, decision-making skills, and parameters about all these. So as a student, you can gain knowledge about economy and business, etc. So if you are interested in these fields or want to know about all these, you can choose the Commerce stream. Also, after pursuing Commerce, there are lots of job opportunities available, which are the highest paying jobs. 

Commerce subjects 

If you choose the Commerce stream in your 11 and 12th, you must study these subjects. Accountancy, Business Studies, Economics, English, Information Practices, or Mathematics. These five subjects are common in both 11th and 12th. So one should study all these. 

Career options after Studying Commerce Stream 

If you study Commerce, many career options and job opportunities are available. Like- 

Bachelor of Commerce (B.Com) 

Most students want to choose this degree after completing their 12th. This is a 3-year degree course. You can gain knowledge about Accountancy, Statistics, Management, Human Resource, Economics, Computer, etc. This is one of the demanding courses after completing 12th—also many job opportunities available after completing the degree. So can take admission in any good college to pursue this degree. This is one of the best Commerce courses available. 

Bachelor of Laws (LLB) 

If you are interested in knowing the career options to follow after completing your 12th commerce stream, this is one of the best degrees. 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 after your 12th commerce stream. 

Chartered Accountancy (CA) 

Chartered Accountancy is one of the best degrees to pursue after completing 12th Commerce Stream. This is one of the hardest courses also. You have to clear a hard exam to gain its title. Chartered Accountancy is one of the highest paying jobs in India and one of the best careers to pursue. You will learn about Accounting and financial management, advanced accounting, Auditing and Assurance, Business Laws, Information Technology, Corporate and other Laws, etc. 

Bachelor of Business Administration (BBA) 

If you have completed your studies in Commerce about interested in pursuing your career in business, then BBA is the right degree. It is a 3-year undergraduate program. You can take admission in any good college. BBA is one of the demanding and best degrees to follow after your 12th commerce stream. If you are interested in joining any private companies or gaining detailed knowledge about business and its administration, this is the right one. 

Bachelor of Economics 

Most commerce students choose this as a career option. This is a 3-year degree program. You will learn economics details, financial concepts, Political economy, Statistics, etc. This is also an easy and demanding degree program for commerce students. Also, there are many job opportunities available after completing this. 

Journalism and Mass Communication 

It is one of the trending courses nowadays. After completing their 12th Commerce stream, students can choose this as a career option. Especially if you are interested in starting your career in journalism and media houses, then this is the right one. This is a 3-year degree program. You will learn about Media and Indian polity, Public relations, speaking, media interaction, etc. So you can also choose this as your career option. 

Certified Financial Planner (CFP) 

This is one of the best courses to pursue after your 12th commerce stream. Financial Planning Standards Board of India(FPSB) provides this course to students. It is also a difficult course. You will learn about financial concepts, Financial planning, Taxes, Insurance, etc. If you are interested in all these, you can choose this commerce course. 

Cost and Management Accountant 

This is also a highly demanding and best professional course offered by the Institute of Cost Accountants of India. 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 high demanding jobs available after completing this. So this is a great option for a commerce student. 

You can also read our article on Career Options after Commerce.

Top Commerce Entrance Exams 

If you want to pursue top commerce courses in top colleges, you have to clear Exams. Here are some Top Commerce entrance exams like- ICAI, ICSI, CFA, ICWAI, SET, DU JAT, IPU CET, ACET, etc. 

Top Commerce Colleges or Universities in India 

If you have completed your 12th commerce stream and now want to pursue higher studies in Commerce, some good colleges are available in India. You can pursue your higher Studies from here. If you clear top commerce entrance exams and have a good score, you can easily get admission to these colleges. Shri Ram College of Commerce (SRCC), Hindu College, St Joseph’s College of Commerce, Lady Shri Ram College for Women, Mount Caramel College, Christ University, Goenka College of Commerce, and Business Administration, Madras Christian College, etc

Job Opportunities after Studying Commerce Stream 

Chartered Accountant 

If you have completed your studies in Commerce and are now finding top job opportunities to grow your career, a Chartered accountant is one of them. We all know about the Chartered Accountant course. Chartered accountant job is one of India’s best and highly demanding jobs. You have to handle top companies’ important business accounts and maintain financial records and financial details, etc. It is a dream job for a commerce student. CA exams are one of the toughest exams also. But the salary package of a chartered accountant is very high. A CA gets Rs 7 to Rs 8 lakhs per annum. So this is a great job opportunity. 

Investment Banker 

Nowadays Investment Bankers are the most demanding jobs in India. So as an Investment Banker, you have to advise any company or people to handle money wisely. Or what are the best way to invest money to get the maximum profit? Investment Bankers provide financial advice to different companies for their growth and maximum profit. So are a commerce student then this is a great career opportunity for you. also the salary is high. An Investment banker gets almost Rs 8-10 lakhs per annum. 

Chartered Financial Analyst 

After completing your studies in the commerce stream, it is also a great job opportunity. CFA is one of the highest-paying and demanding jobs in India. To become a Chartered Financial Analyst, you have to clear the CFA exam, one of the hardest exams. And you must have 4year work experience. As a Chartered Financial Analyst, you can work in several banks, insurance companies, Investment firms, Private companies, etc. The work of a CFA is to find the company’s good investments and analyze them. A Chartered Financial Analyst gets Rs 6-7 lakhs per annum. 

You can also read our article on the Salary of a Chartered Accountant.

Company Secretary 

A Company Secretary is one of the principal posts of a company. Company Secretary plays an important role in the company. They ensure all the basic information related to companies’ growth, account information, financial management, etc. They act as a moderator between the stakeholders and the board. Company Secretary is one of the demanding jobs by Indians, especially by commerce students. The salary package is also high. A company secretary gets up to Rs 6 lakhs per annum. So this is a great opportunity for commerce students to follow their dreams. 

Chief Executive Officer (CEO) 

The Chief Executive Officer (CEO) is the highest-ranking officer in the corporate structure of an organization. This is the top post and head of a company. a CEO is a person in charge of running a company. CEO manages all the operations in a company and takes important decisions for company growth. They are the representative of a company. So it is a great opportunity for commerce students as they have great knowledge in business and management. This is one of the top and most respected posts, so the salary package is also high. A CEO can make up to 1Crore per annum. You have to clear different exams and have good experience and knowledge to become a CEO. 

Suppose you have completed your higher studies in the commerce stream and looking for job opportunities. In that case, you can also work as a Research Analyst, Marketing Manager, Cost Accountant, Retail Manager, Human Resource Manager, Data Analyst, Information Systems Manager. There are several job opportunities available for commerce students in both the Private and Government Sectors. You can work in several Banks as a Bank Manager, Senior Accountant, Junior Accountant, Project Manager, Wealth Manager, etc. Several Job opportunities are available, and the salary package is also high. 

Science VS Commerce Stream 

A maximum number of students face this doubt after completing their 10th. Students and parents are also confused regarding their children’s future study plans. Many students don’t have a proper idea about the Commerce stream, so they take the science stream without knowing much. Even many students don’t have a proper idea about the science stream. So you all often get confused between this. Because this an important decision and depending on it many things and jobs opportunities will vary in future. So in this article, we also mention some details about these so that one can make decisions. 

Firstly, if you take the Science stream, you have to study Physics, Chemistry, Mathematics, Biology, or Computer Science and English. These subjects are quite hard to study, but you can understand easily. Lots of career opportunities are available. Like you can become an Engineer. In Engineering, several job roles are available in both private companies and PSUs. You can apply for different Government jobs, Or become a lecturer. 

If you take the Commerce stream, you have to study Accountancy, Business Studies, Economics, Mathematics or Information Practices, and English. These subjects are all new for you, but you can study easily. It is less hard than Science. In Commerce also there are lots of job opportunities available. We have mentioned this earlier in the article. So if you are interested in business or want to grow your career in Business and Management, Finance, Investment, you can choose Commerce Stream. 

You can also read our article on Commerce vs Science.

About Chegg Question and Answer Expert Hiring 

Chegg is an online platform. They provide knowledge to students all over the world. Chegg helps students to improve their knowledge in less time and low cost. Chegg provides solutions in different subjects. Like accounting, maths, physics, chemistry, economy and many more options are available. One can choose according to his preference. Chegg hires experts as online teachers to provide good quality answers to students. It would be best if you cleared the doubts of the students. Chegg will pay you for every correct answer. So you can work as a freelancer through Chegg online platform. 

Conclusion 

So in this article, We have mentioned all details about the Commerce stream. Because many students don’t know about this in detail, in this article, we have mentioned commerce stream, career options, job opportunities, subjects, top colleges, etc. So the students can take their decision with full knowledge. Because it is an important decision for future studies and career.

In conclusion, I want to mention that you can choose Commerce as your stream in 11th and 12th or for higher studies if you are interested in business knowledge, finance, investments, or in banks, or become an entrepreneur, accountant, etc. Then it would be best if you chose the Commerce stream. Also, lots of career opportunities and jobs are available in India. So If you are a Commerce student or want to take the commerce stream, this is a great choice depending on your field of interest. I hope this article will help you make your decisions clearly and pursue your future dreams. 

 

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