Top 7 Courses After 12th Commerce in India
Commerce gives a significant impetus to growth in various sectors of the economy. However, after completing 12th commerce, many students are unsure what they should do next. There are many options to choose from when it comes to deciding what you want to study after 12th Commerce in India. But which one is the best? This article has compiled a list of the Top 7 Courses after 12th Commerce in India for students looking for further education after 12th Commerce.
Commerce is a business management discipline that involves conducting, managing, and executing trade or business activities domestically and internationally. It is one of the four fundamental economic sectors. The course has been designed to give students a good understanding of the principles, practices, and methods of all facets of Commerce.
It also refers to procuring goods or services for personal use, which can do through trade and selling or purchasing items. Trade activities are typically classified into three different types: wholesale trade, retail trade, and service trades. The need for Commerce is essential.
It gives the ability to trade and exchange goods, services, and values between individuals. Commerce allows both parties to benefit from the transaction instead of losing out on something that does not help them. Banking, medicine, imports, exports, and many other facets of society require knowledge of Commerce.
Commerce is the most widely studied and commonly accepted modern field of study. It is a subject that has been in practice since the advent of civilization and continues to grow as more and more people take up the profession. Commerce is needed in today’s world because it provides a base for the economy.
In today’s society, anything you can buy will be made possible with the help of Commerce. Not only that, but a person who works in Commerce, such as a business owner or an economist, can help bring people out of poverty. Commerce is a broad term that covers many different areas of expertise.
However, in the digital age, many more sites of Commerce have popped up. These include marketing and international business, among others. The internet has brought about a lot of changes in our lives. This change is valid for Commerce as well. The speed at which online transactions occur is significantly faster than when Commerce takes place offline.
Commerce does offer many advantages for students, including the ability to pursue several professional careers, improving the chances of getting into a good college, and providing skills to succeed after completing their studies.
The main advantage of Commerce is that it has the most job opportunities. Having a commerce background is beneficial for a lot of careers. Many job opportunities include being an investment banker, marketing manager, and accountant.
Below Listed Are the Top 7 Courses After 12th Commerce in India.
Rank #1. Courses After 12th Commerce in India
1. Bachelor of Commerce (B.Com)
BCom or Bachelor of Commerce training course is a three-year U.G. degree program, and the Universities Grants Commission (U.G.C.) of India recognizes it. One can pursue B.Com in the full-time mode or pursue Distance B.Com or Online B.Com program. Students in India can obtain a bachelor of commerce degree after the 12th standard.
According to the one survey, B.Com has been the third-most preferred training course in India after Course 12. If one wants to gain thorough knowledge in the Commerce stream, they can also pursue B.Com (Honours). The honors course is to supply expertise in specialized subjects of the Business stream. Besides B.Com General or B.Com Hons, several colleges use incorporated B.Com courses; BCom L.L.B. or BCom M.B.A.
One can get admission in B.Com Hons course by giving entrance examinations and merit-based depending on the institution. This graduation program consists of 6 semesters with 3 years of study. The basic minimum criteria to enroll in this course is H.S.C. (10+2) from a recognized board with a minimum of 50% marks.
A few B.Com subjects are:
· Financial Accounting
· Business Laws
· Economics
· Taxation
· Auditing
· Indirect Tax Laws
· Micro and Macro Economics
· Corporate accounting
· Income Tax Laws and a few others
Various Job Profiles for B.com Graduates Are:
· Accountant
· Sales Analyst
· Auditor Junior Analyst
· Consultant
· Tax Accountant
In India, B.Com graduates’ average wages are INR 2-6 Lakhs per annum.
Also Read: Short Term Courses in Commerce
Rank #2. Courses After 12th Commerce in India
2. B.Sc. in Economics (Honours)
Economics is an interdisciplinary field that studies human behavior and the relationships between people, organizations, and the economy. It is a branch of social science that analyzes how societies function and what makes them prosper. India’s B.Sc. Economics (B.E.) is one of the best options for students who want to become well-paid economists in India and abroad.
This course focuses on developing quantitative skills through theory and practical application of mathematical concepts and techniques within real-world applications, including finance, accounting, business management, economics, marketing, etc. B.Sc. (Economics) Honours is a full-time, three-year college graduate program.
It aims to give a program framework that would maintain the ‘traditional’ in the program yet undoubtedly connect the loopholes and restrictions of only a typical technique.
Eligibility criteria are students must be Passed Standard XII (10+2) or equivalent examination from any recognized Board with a minimum of 50% marks or equivalent grade OR Students who clear the Entrance Test and personal interview with the college. In India, B.Sc. in Economics (Honours) graduates’ average wages are INR 1.8-2 Lakhs per annum.
Few Course Topics Include:
- Core Environmental Studies
- Foundation of Mathematics Statistics for Economics
- Macroeconomics
- Indian Economy
- Mathematical Economics
- Business Accounting and Financial Analysis
- Research Methodology
- Theory and Application of Public Finance
- Econometrics
- Internship with N.G.O.
- Theory of Political Economy in India
- Money, Banking, and Finance
- International Economics
- I.T. Applications in Economics
- Banking as well as Financial System in India
- Financial Management
Rank #3. Courses After 12th Commerce in India
3. Bachelor of Accounting and Finance (BAF)
The Bachelor in Accounting and Finance (BAF) course is a popular choice for those who have completed their 12th Commerce. This course helps students understand the basics of cost accounting, income accounting, financial planning and analysis, taxation, banking, and insurance.
After completing the degree, you can find a job as an account manager or an auditor in public or private sector organizations. The Indian Institute of Management has found the top seven most popular courses after 12th Commerce in India include Bachelor in Accounting and Finance (BAF).
By studying this course, pupils can learn how financial and accounting systems collaborate. This degree helps them be more involved in their company’s financial decisions and gives them a competitive edge over their colleagues who are not as well-versed in these fields.
Few Course Topics Include:
- Financial Accounting
- Introduction and Element of Cost
- Business Environment
- Accounting
- Business Communication
- Financial Accounting Special
- Auditing
- Financial Management
- Business Law
- Taxation
In India, Bachelor of Accounting and Finance graduates’ average wages are INR 2 – 6 Lakhs per annum. Various job profiles for Bachelor of Accounting and Finance graduates are:
- Finance Manager
- Financial Analyst
- Account Executive
- Senior Accountant
- Assistant Finance Manager
- Operations Manager
Rank #4. Courses After 12th Commerce in India
4. Bachelor of Commerce in Banking and Insurance (BBI)
A Bachelor of Commerce in Banking & Insurance is an excellent program to pursue. This program usually lasts 3-4 years and will provide students with ample opportunity to explore many different sectors. Graduates of the B.B.I. typically choose to pursue careers in insurance, banking, or securities. Eligible candidates should have 50% marks in 12th for the Open category and 40% in the reserved category.
Few Course Topics Include:
- Financial Services Management
- Management Principles
- Accounting in Finance
- Details of Business Communication
- Economics
- Methods that are Quantitative based
- Banking & Insurance I.T. wise
- Banking & Insurance Governing Laws
- Equity, Debt, Forex, and Derivatives Markets
- Financial Services Taxation in detail
- Organizational Behaviour
- Risk Management
- Audit Planning, Procedures, and Documentation
- Strategic Management Environment
- Strategic Evaluation and Control
In India, Bachelor of Commerce in Banking and Insurance (BBI)’s average wages are INR 2 – 10 Lakhs per annum. Bachelor of Commerce in Banking and Insurance (BBI) graduates can pursue higher studies or work in various job sectors like Insurance, Finance, Auditing, and Accounting.
Various job profiles for Bachelor of Commerce in Banking and Insurance (BBI) graduates are:
- Investment Banker
- Insurance Manager
- Credit and Risk Manager
- Cashier
- Loan Counsellor
Prominent Recruiter for BBI graduates are:
- TCS
- Sutherland
- HCL
- DELL
- CTS
- CITY Bank
- TATA AIA Life Insurance
- Kotak Mahindra Life Insurance
- HDFC Standard Life Insurance
- SBI Life Insurance
- Bajaj Allianz Life Insurance
- Max Life Insurance
- Aditya Birla Sun Life Insurance
- ICICI Prudential Life Insurance
Here are Professional Courses for a Great Career
Rank #5. Courses After 12th Commerce in India
5. Bachelor of Commerce in Financial Market (BFM)
A Bachelor of Commerce in Financial Market (BFM) is an excellent program to pursue after 12th in India. This program usually lasts 3 years. BFM is a good subject for students working in the banking and financial services sector. This course will teach them about finance, banking, and investment.
In BFM, Students will learn about different types of businesses and their business strategies, market analysis, customer service, marketing strategies, etc. They will also learn how to deal with customer feedback, which will help them build strong relationships with customers and maintain customer loyalty.
In India, Bachelor of Commerce in Financial Market (BFM) graduates’ average wages are INR 4 – 6 Lakhs per annum.
Various job sectors in which BFM graduates can work are:
- Finance Industry
- Insurance Industry
- Various Consultancy Firms
- Accountancy firms
- Banking Industry
- Stock Market sector
Various job profiles for BFM graduates are:
- As a Business Development Manager
- Business Consultant
- Marketing Manager
- Project Manager
- Budget Analyst
- Investment Banker
- Financial Advisor
- Financial Consultant
- Financial Manager
- As a Stock Broker
A Few Subjects Are:
- Financial Accounting
- Foundations of Finance Business Mathematics Communication Skills
- Corporate Governance and ethics
- Management Principles
- Statistics
- Computer skills
- Principles and practices of Banking and Insurance
- Macro Economics
- Business Law
- Foreign exchange market
- Corporate finance
- Equity research
- Mutual Fund management
Rank #6. Courses After 12th Commerce in India
6. Bachelor of Business Administration (BBA)
Bachelor of Business Administration (BBA) is the most popular course among the top 7 courses after 12th commerce in India. Many colleges and universities in India offer BBA courses. BBA is a three-year undergraduate program. This program also teaches students leadership principles along with management studies.
One who wants to go with higher analysis can pursue a Master of business administration (MBA) after BBA. Both BBA and MBA offer lucrative jobs after graduation. One can pursue BBA full-time or online as a distance study.
BBA course offers better career opportunities than any other commerce course. In India, Bachelor of Business Administration (BBA) graduates’ average wages are INR 3 – 5 Lakhs per annum.
A Few Subjects Are:
- English communication
- Principles of Management
- Accounting Finance
- M.I.S. (Theory & practical)
- Concepts of Mathematics
- Organization of Business and Systems
- Economics principles of business
- Environmental Science principles
- Business Laws
- Business Statistics
- Organizational Behaviour
- Marketing Management introduction
- Details of Banking and Insurance
- Accounting in Cost and Management Human Resources Management Basics
- Study of different Research Methods
- Detail study of Production and Operations Management
- International Business principles
- Business Ethics and Corporate Social Responsibility
- Strategic Management introduction
Various Skill Sets Required for BBA Are:
- Good Team Player
- Good Communication Skills and Behavioural attitude
- Good Writing Skills
- Etiquette
- Conversational Skills
- Consulting and Problem Solving Skills
- Selling
- Negotiating
- Self-motivated
- Critical and Analytical Thinking
- Detail-oriented
- Ability to do multi-tasking
- Determined
- Time management skill
Recommended Read: Business Accounting and Taxation Courses in India
Rank #7. Courses After 12th Commerce in India
7. Company Secretary (CS)
In their job, the company secretary (CS) manages the finances of a company. A company is not allowed to have more than one company secretary, meaning that the responsibilities of this position are particular. The company secretary assists in the daily management of the business and handling issues related to taxes, accounting, and almost anything related to finance.
Company Secretaries are the critical people in a successful company who manage all affairs and documents. They ensure decision-making goes through a proper chain and approve all crucial decisions. They have expertise in finances, tax law, and company law.
A company secretary is responsible for running the day-to-day administration of a company and keeping adequate records. The eligibility criteria required to register for the first level Foundation Programme of Company Secretary course is HSC excluding Fine Arts from a recognized university.
Executive-level Subjects Include:
- Jurisprudence, interpretation, as well as basic regulations
- Establishing organization entities and closure
- Tax laws
- A company as well as management of accountancy
- Economic, company, and also industrial legislation
- Financial and also tactical administration
For professional-level Topics Consists Of:
- Administration, Threat Management, compliances, and also principles
- Advanced tax laws
- Composing and pleadings
- Clerical bookkeeping
- Company restructuring
- Resolution of company disputes
- Business funding as well as listings in the stock market
- Different case studies
Various Job Profiles for Company Secretary Are:
- Board of Directors’ assistant
- As a Company Registrar
- Legal Advisor in the company
- Policymaker
- Chief Administrative Officer
- Principal Secretary
- Corporate Planner
- Chairman
- Managing Director
- Administrative Assistant
- Administrative Secretary
Top Recruiters for Company Secretaries (CS) are:
- Trinity Reinsurance Brokers Ltd.
- DaVita Care (India) Pvt Ltd.
- Jaypee Group
- SNG & Partners (Law Firm)
- Heinz India Pvt Ltd.
- Birla Corporation Ltd.
- Omaxe Ltd.
- BGM Consortium Ltd.
Various Skill Sets Required for Company Secretary Aspirant Are:
- Strong verbal and written Skills
- Good Time Management and ability to do Multitask
- Good Analytical Skills
- Good Numerical Skills
India is known well for its history, culture, and architecture. It also has a diverse range of cultural events, festivals, and beautiful landscapes. Students spend their time learning how to use digital technologies, trade and business management, and engineering. After a few trips to the country, you may be eager to surf the internet for an internship or find an exciting job opportunity in India. India is a country that is well-known for its hospitality and food.
FAQs
a) Is commerce without maths a good option?
Many students want to study Commerce after 12th or want to pursue a job in it but do not know how to start their career. However, many people don’t realize that many courses in Commerce are not taught with mathematics as the foundation. If you have an aptitude for math, it’s always an excellent option to take up calculus or statistics as your first course in college.
b) Is Commerce professional a promising career?
Commerce professionals are in demand across all industries. There is a demand for people who can develop strategies for management. The best part about working as a professional in this field is that you have a chance to work in many different places, such as finance, insurance, marketing, and manufacturing.
c) How much does a Commerce professional get paid in India?
Commerce graduate BCom’s average salary per year is around 3-5 lakhs. It increases based on experience.
d) What are the leading roles and responsibilities of a B.Com graduate?
The main tasks that a B.Com graduate will perform are:
- Market research and analysis.
- Feasibility studies.
- Purchasing materials.
- Sales and marketing activities.
- Stock inventory.
- Collecting payments and bills.
- Attending conferences and exhibitions.
- Counting money and paying salaries.
e) Are there any entrance exams for Commerce courses?
Entrance exams are not mandatory to enter any Commerce course. Some of the pre-University courses in India can be taken as a part of the Board Exams. But there are also university-level courses that do require entrance tests or interviews.
Conclusion
The one to consider Courses after 12th Commerce would be business accounting, finance, or marketing. If a student wants a career with a high salary, finance would be the way to go. A trade involving marketing is also very lucrative and can help grow businesses. Both careers offer job security as well as a good income for life. This article lists the Top 7 Courses after 12th Commerce in India. The present scenario for the Indian economy is a highly competitive one. This scenario has hit the youth the hardest. In India, the demand for Courses after 12th Commerce is high and ever-increasing. I hope you find this article useful for your career.
