What are the popular career options in India
Are you pursuing a degree in commerce? Are you interested in learning more about the career options available? This article explores the most popular jobs in India for commerce students.
This article will discuss the most lucrative career options for commerce students in India. This will help you understand the different job roles and help you make an informed decision as you step into the professional world.
1. Chartered Accountant
It is one of the most popular courses to pursue in the commerce stream. The course is offered by the ICAI (Institute of Chartered Accountants of India) and consists of 3 levels and articles. CA is a professional with in-depth knowledge of accounting, taxation, return filing and financial statements of individuals and companies. It also includes various other specializations like tax auditing, internal auditor, corporate finance etc. A Chartered Accountant is a highly qualified and respected professional who is considered an expert in their field of expertise.
2. Company Secretary
ICSI (Institute of Company Secretaries of India) offers the second most popular course. A Company Secretary ensures that the company follows all the mandatory and statutory requirements for running the business. This course is also done by going through 3 levels of exams: Foundation, Executive and Professional. In companies, one can also hold legal advisor and compliance officer positions. It is a job that carries a lot of prestige and comes with a lot of dedication and responsibility.
3. Financial Management
The role of a financial management professional focuses on the in-depth study of finance and its management, budgeting, capital management and structure etc. This professional field offers various certifications like CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), and CFP (Certified Financial Planner). In addition, one can become a financial officer, consultant, financial auditor, investment analyst etc. As you can tell from the titles and designations, all these roles require extensive knowledge and expertise in commerce.
4. Cost and Management Accounting
It is a part of a managerial study of accounting which focuses on budgeting, analyzing and minimizing various costs in the company. Its main objective is the optimization of resources to obtain maximum returns. Preparing financial reports is also one of the responsibilities of this job. If budgeting and accounting are your strong areas in commerce, seriously consider this career path.
Banking is the backbone of the country's economic development. It is a field with various topics such as lending, investing, financial services, insurance, currency, forex, wealth management, etc. If you want to dive deeply into the banking world, prepare for your college-level exams in commerce. Bankers are highly sought-after professionals with secure and stable careers.
If you are interested in economics and data analysis, you can pursue higher education in this field. Statisticians are in great demand in almost every industry, which makes this field very attractive and rewarding. This course teaches you about data and risk analysis, statistical tools, research methods, mathematics, predictive science, and scientific decision-making.
7. Actuarial Science
Do you like maths? Then actuarial science may be your calling. It is a field for math enthusiasts and deals with the rigorous study of risk analysis, uncertainty, trend analysis, etc., to help big companies, corporates and business organizations take the right decisions by solving complex problems.
8. Business Management
Managers are needed in almost every industry, making studying business management one of the most chosen fields by students. Therefore, MBA is one of the most popular courses taken by commerce students. You can choose a specialization based on your interests like Finance, Marketing, HR, Operations, International Business, Hotel Management, Hospitality, etc.
Now that you know about the top options in commerce, choose an area you are passionate about. Also, if you are looking for broader career development, check out our website https://www.jobsuraksha.in/