Over science or arts, when you take up commerce in Class XII, the decision initially might concern you or your parents about the prospects in future. Well, it’s a myth for those who think that taking up commerce is only beneficial for entrepreneurs and business oriented families. Now, taking up commerce in Class XII is a perk, as it adds to the bouquet of available prospects and courses. Commerce is scoring if you can deal numbers and let’s you move fast in the career ladder if you add rational logic to those numbers. Commerce in class XII, allows a huge of scope for young talents to explore, understand and thereafter take forward their entrepreneurial skill.
So if you are in plan or taken commerce in Class XII, then following are seven of the best courses you can pick for graduation. These commerce based courses will add to your school level commerce knowledge and lead you forward for professional pursuits:
Bachelor of Commerce (B.Com)
This is a three-year graduation program that commerce students can apply for, after clearing Class XII board exams. For students, with good marks in board exams can have an additional specialization paper (honors) in this course. The subjects of specialization in B.Com course can be Accounting, Business Law, Economics, Finance, Human Resource Management, Management, Marketing and Business Economics. Contemporary colleges also offer B.Com degree with subjects like e-commerce, information technology (IT) or computer applications.
Cost Accountancy
An ideal course for prospective cost accountants, this one covers areas like cost accounting, cost audit, cost ascertainment, budgetary control and cost control. In India, one can opt for cost accountancy course only after clearing the Institute of Cost and Works Accountants of India (ICWAI) foundation exam. The course is split into three segments namely foundation, intermediate and final, where the total course fee ranges around 40k INR (approx).
Bachelor of Business Administration (BBA)
This bachelor’s degree exposes a student to real-life business scenarios with core subjects like Strategic management, economics, quantitative techniques, organizational behaviour and so on. Also, students can opt for specialization papers like marketing, legal management, real estate, public relations and so on. The course duration of BBA is three years and is the first step for a student aspiring to pursue MBA. Qualified BBA can get hired as operations manager, financial analyst, marketing manager or HR manager depending on field of specialization.
Bachelor in Economics
If you have really liked the subject economics, then heading for this course is a good call for commerce students. The course shapes future for aspiring analysts, advisors, and economists focusing subjects like business, markets, trade, government policies, international issues, globalization and so on. The two kinds of economics that primarily composes this course is macroeconomics and microeconomics. Those who take the Bachelor in Economics course mandatorily needs to study statistics and maths in pass papers. This is the gateway from where students can head for masters, Ph.D. or M.Phil.
Chartered Accountancy (CA)
Conducted by the Institute of Chartered Accountants of India, the CA course includes both theory knowledge along with practical knowledge (in the form of articleship). The CA course has four stages – Foundation, Common Proficiency Test (CPT), IPCC, CA Final and a 6-month articleship. On completion of the CA course, successful students can work in the fields of consultancy, management accounting, cost accounting, tax management and auditing.
Company Secretary (CS)
Also referred to as CS, this can be opted after Class XII by commerce students who aim to become multi disciplinary professionals. Conducted by The Company Secretaries of India (ICSI), this course has three stages namely Foundation Programme , Executive Programme and Professional Programme. After completing the Executive programme. CS students necessarily need to perform the 15-months practical training. At the headquarters of ICSI placement services and campus interviews are conducted.
Bachelor of Financial Markets (BFM)
After clearing Class XII in commerce stream BFM is a special course that students can take up for in-depth knowledge about financial markets, enabling them to better understand finance, economics, investments, risks and more. The course duration is three years and prepares one for banking and insurance company jobs. Economics, computer, statistics, business management, communication, finance, business laws, tax, capital markets, insurance, derivatives market make most of the BFM syllabus.
