COMMERCE:

This is one of most popular streams among today’s young generation, which involves the study of trade and business. A knack for numbers and mathematics is important for those opting this high profession yielding branch of study. As the Indian economy is one of the fastest growing third world countries, it needs talented professionals to build a better economy.

The major subjects for commerce students are Accountancy, Economics, Business Studies, Economics, Mathematics and Informatics Practices.

The top notch professions once you pursue a degree in commerce are:

Master of Business Administration (MBA): This internationally recognized degree develops skills and talents that are required to conduct business and management. MBAs have a highly lucrative market value in public sector, government, private industry, and other areas. Some business schools require MBA candidates to complete internships and on-field projects to receive the degree. This increases their market value as employees and hence, they get placed easily.

Chartered Accountant (CA): CA works in in areas like audits, taxation, company law, financial accounting and general management of companies. The basic job of a CA is to maintain accounts, compiling the regulatory requirements and provide inputs on financial managements. After graduating as CA, they can also directly enroll for courses like MBA or PhD.

Cost Accountant: The cost accountant team constructs and monitors the cost-effective data accumulation systems needed to provide an appropriate level of costing information to management. Individuals become Certified Management Accountants (CMA) by undergoing formal training and courses. They have scope of accelerating into high posts like accounting manager, budget director, chief cost accountant or internal auditing manager.

Company Secretary (CS): To become a CS, individuals need to take up full time or part time course combined with work based experience. Any graduate below the age of 35 having honors degree in business studies, management, economics, Information technology , languages, mathematics or law are preferred for this course. These administrative professionals guide directors in compliance of legal and statutory requirements.

Chartered Financial Analyst: One can pursue this professional course after four years experience in investment/financial industry . Conferred by the CFA Institute (formerly AIMR) in three levels students are trained in subjects like accounting, economics, ethics, money management and security analysis.

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