Career Options After Class 12th Commerce | Top 10 Career Options |

Career Options After Class 12th Commerce | Top 10 Career Options |

 

It is often seen that students of Commerce stream often get caught in an ugly middle position after completing their Class 12 or giving their board exams about what they should do or what not. They are hardly known to good career options that can make their future bright after class XII. To sort out their problems and clear their dilemmas, BrainyLads has come with top 10 career options that can change their lives altogether.

Actuarial Science

One of the best career options available after completing 12th Commerce is to be an Actuary. Actuarial Science is an in-depth study and analysis of past data for evaluation of risks in order to maintain the Economic stability of insurance and other financial organistations. Under this programme, Actuaries learn how to put Mathematics, Statistics, and Probability principles in use to figure out futuristic happenings (especially the risks) and to take measures to prevent them. For pursuing this programme, you need to have deep study and thorough knowledge of mathematics. 

Designations Offered

Investment Consultant, Financial Planner, Risk Analyst, Underwriter or Investment Analyst. 

Salary 

3 Lacs Per Annum to 50 Lac Per Annum (Depends on Skills and Experience)

Duration

Minimum 3 years (Depends upon the Clearance of Exams)

Data Analyst

Other option of commerce is to become Data Analysts. They are the professionals that study numbers, statistics, figures and put them into simple English so that everyone can understand them easily. The work of a Data Analyst is to improve the business operations through its thorough interpretation of business insights. This is one of the most emerging fields for the students of commerce. For this, one must have a sound knowledge of IT (Information Technology) & Mathematics for effective calculations. It is believed that every successful YouTuber and Blogger will need the services of Data Analyst in future to track and manage their analytics.

Designations Offered

Data Miner, Data Analyst

Salary 

5 Lacs Per Annum to 1 Cr. Per Annum (Depends on Skills and Experience)

Duration

Minimum 2 years

Stock Analyst

Other option available for a commerce student after completing his class 12th is being a Stock Analyst or Equity Analyst. A Stock analyst works for the share market, researches the reports, balance sheets and other accounts, analyses them and recommend about the stock both for they buy-side and sell-side. If you have a love for stock market and you want to earn quick money or mint money, this options can be one of the best options for you available after completing class 12 Commerce. 

Designations Offered

Technical Analyst, Stock Analyst, Equity Analyst, Share Market Expert

Salary 

3 Lacs Per Annum to 50 Lac Per Annum (Depends on Skills and Experience)

Duration

Minimum 3 years (Depends upon the Clearance of Exams)

Chartered Accountant

Chartered Accountant is still one of the best career options and most popular programme for students with commerce stream. It is one of the highest paid jobs that offers you a luxurious lifestyle and repute in the organisations. The ICAI ( Institute of Chartered Accountants of India) offers this course. Having passed class 12th, students can opt for this course. This course offers you nominated syllabus and a certificate which is recognized by a statutory body that states that the accounting professional is eligible to handle filling returns, financial statements, taxation and auditing.

Designation Offered

Chartered Accountant

Salary 

5 Lacs Per Annum to 50 Lac Per Annum (Depends on Skills, Experience and Person)

Duration

Minimum 5 years (Depends upon the Clearance of Exams)

Company Secretary

Company Secretary (CS) is one of the major posts in a company. A company hires certified Company Secretary to look after the legal terms of a firm. Besides, he/she is accountable for completing company’s record keeping, filling tax returns, advising the board of directors and to make any company compile with the legal rules and regulations. In India, this course is offered by ICSI (Institute of company secretaries of India) in three programs; Foundation, Executive and Professional. Each programs takes minimum 1 year.

Designation Offered

Company Secretary

Salary 

3 Lacs Per Annum to 10 Lac Per Annum (Depends on Skills, Experience and Person)

Duration

Minimum 3 years (Depends upon the Clearance of Exams)

Investment Banking/Banker

Another program that commerce students can opt for after their class XII is Investment Banking. An Investment Banker is one who works as part of a financial organisation. He/She raises capital for corporations, governments, or other business entities. Besides, he issues securities as a means of raising capital. So, if you dream of attaining higher designations and positions, this can be the right platform for you.

Designation Offered

Investment Banking Analyst, Associate, Vice President, Senior Vice President & Managing Director

Salary 

6 Lacs Per Annum to 20 Lac Per Annum (Depends on Skills, Experience and Person)

Duration

Minimum 3 years (Depends upon the Clearance of Exams)

Civil Services 

It is still a myth that Graduates only from ARTS can join Civil Services. Commerce students can also become Civil Servant if they wish. For that, one needs to be graduate no matter which discipline or stream he/she hails from. Having cleared all the exams with good ranks, you can get any of the 24 civil services such as; IAS, IPS, IFS, IAAS, ICAS, ICLS and many more. For these posts, exams are conducted by UPSC (Union Public Service Commission) every year for various posts and serices.

Designation Offered

IAS, IPS, IFS, IAAS, ICAS, ICLS, IDAS, IDES and 16 More

Salary 

As per the Government Pay Commission

Duration

Based on Clearance of Exams Conducted by UPSC

Cost Management Accounting

Another good option for commerce students is to pursue Cost Management Accounting and become CMA (Cost Management Accountant). It is considered to be one of the topmost courses in India that offers highly paid jobs to commerce students. Just like CA, there are three levels of CMA, foundation intermediate and final to become CMA (Cost Management Accountant). The job of CMA is to collect cost information, maintain database of expenses, determine the cost and construct data accumulation systems. Exams for CMA exams are conducted by The Institute of Cost Accountants of India two times a year in the months of June and December. Once one has passed the CMA Foundation, one becomes eligible for CMA intermediate.

Designation Offered

CMA (Cost Management Accountant)

Salary 

3 Lacs Per Annum to 12 Lac Per Annum (Depends on Skills, Experience and Person)

Duration

Based on Clearance of Exams Conducted by UPSC

LLB (Bachelor of Law)

Another good option for commerce students is to pursue LLB (Bachelor of Law). It is an open educative system which can be pursued after any degree be it Science, Commerce or Arts. This is the 3 years course which can make one’s future bright if pursued in right direction. For being a lawyer, one must have an LLB Degree. A lawyer can either work for individual clients, law agencies, law firms, litigation, administrative service, government agencies etc. Every year CLAT (Common Law Admission Test), which is a national level exam, is conducted for admission to undergraduate and postgraduate law programs offered by the 22 National Law Universities in the country.

Designation Offered

Lawyer

Salary 

Depends on Skills, Experience and Person

Duration

Three Years

Blogger/Vlogger

Blogging/Vlogging has grown by leaps and bounds these recent years. They are getting richer day by day only by sharing impeccably what they know. If one wants to earn quick, he/she can either be a commerce blogger or vlogger to mint money in few years. It neither requires any undergraduate program nor any professional training. All you need to have is good communication skills, great command over the subject and will to grow rich. 

Designation Offered

Blogger/Vlogger

Salary 

Depends on Skills, Experience and Person

Duration

Three Months

You may also read Top 10 Career Options after 12th Science for better understanding of the careers available.

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