It can be observed that students fail to choose the best career option for them after completing their 12th class. They face problems while deciding what course to do after boards. There is a common mindset among people that “not-so-smart” students only do commerce. Generally, students of commerce background go towards accounts and strive for becoming C.A. Due to this thinking, many of the talented students get confused as to what to do and don’t have proper guidance. There are different courses & paths to choose from for the commerce students. So, if you or your child is worried about which course to choose, have a look at the below-explained courses, and you will find an answer to your queries.
16 Best Courses for Commerce Students after Class 12th
1. B.COM
The full form of B.Com is Bachelor of Commerce. This is the most preferred course by students. Some main factors are making it the most popular among students. Firstly, the level of difficulty in this course is normal. It is not a very difficult course. So, obtaining a degree through this is easier. Another thing that this course has that after this course you can do some job-oriented courses too. For instance, you can do an MBA, Vocational studies, etc. This course is offered by different private and government colleges, which makes it further easy to get into some college for this course. Duration of the course: 3 years Admission process: The very basic criteria for qualification is that you should have passed a 10+ 2 or equivalent test. In most of the colleges and universities offering B.Com and B.Com (Hons), the eligibility to take admission is 50 or 60 percent marks in 12th. Admission is based solely on merit. Which is, based on Class 12th points, the merit list is decided. Universities and colleges announce cut-offs. Students who clear the cut off are accepted to colleges and courses respectively. There is no centrally administered entrance test for B.Com admissions. Many colleges offer university-level B.Com entrance tests, such as BHU. Career option after B.com: Chartered Accountant (CA) or Company Secretary (CS), Banker, Professor/Lecturer, Government Jobs, Human Resource Development Manager, Chief Accountant/Chief Internal Auditor, Market Researcher. Salary: Salaries vary on the complexity and type of work of the company. Moreover, for a fresh recruit, it varies from Rs. 10,000 to Rs. 25,000 a month. The company’s average salary of a CA is about 5 lakh to 10 lakh per year.
2. LAW
According to the new rules, 12th class students can also do Law courses from Law schools. Earlier, it was only possible for the graduates to do so. For pursuing law, the 12th class students need to choose an integrated Law course, which is of 5 years. In the beginning, a person can apply for a job in any law firm, and eventually, he can start practicing individually or can start his own law firm. Some subjects of the course get repeated more than once in different semesters. The admissions start in January, and the entrance test takes place around May. Some of these exams are CLAT, TS-LAWCET, AILET, LSAT. This program is deemed as one of the most popular courses, and there are numerous career options available for the same in both the private and public sectors. Many lawyers, however, tend to become an advocate and start working in a law firm. Duration of the course: 5 years Admission process: Admission is conducted either based on marks in qualifying degree earned by applicants or through an entrance exam. Students who are in their final graduation year may also apply for entrance tests for Admission. Specific entrance examinations are carried out in India for admissions. On the other side, applicants are also admitted directly to the course. A list of entrance examinations for admission to the program is listed below: Career option after LLB: Lawyer, Legal Advisor, Public Prosecutor, Attorney, Lecturer Salary: Salary of LLB graduates varies from different firms and types of work. It shifts from 3 lakhs to 1 crore per annum, depending on a variety of factors.
3. CHARTERED ACCOUNTANCY (C.A.)
A C.A plays a vital role in a business. He looks after the accounts of the company & makes sure that they are as per the government laws. They also create reports after auditing the accounts & financial statements & examining the tax matters. Successful completion of the CA course & becoming a member of the Institute of Chartered Accountants of India is necessary for becoming a Chartered Accountant in the future. After completing the 12th, the first step to enter into this field is applying for Common Proficiency Test. After clearing this test, one must appear for CA Inter Course. Once this is cleared, the person is eligible for sitting for the final CA Exam. Chartered accountants work in all finance and business sectors, including auditing, taxation, financial & general management. One can either work in public service or in the private sector. If you are lucky and very talented, you can get a job in government agencies too. Duration of the course: 4.5 Years (after 12th) or 3 years (after graduation). Admission process: After completing the 12th, the first step to enter into this field is that candidates must register himself/herself to the Institute of Charted Accountant of India (ICAI) before filling the Application Form for the Common Proficiency Test (CPT) for the admission in the course. After clearing this test, one must appear for CA Inter Course. Once this is cleared, the person is eligible for sitting for the final CA Exam. Salary: The average salary of Chartered Accountants in India varies from 6-30 LPA. One can earn up to 75 LPA if he/she gets a job in abroad.
4. B.B.A
The full form of BBA is a Bachelor of Business Administration. It is a 3-year course. If this course is completed, later MBA can be taken up. The government sector provides opportunities for BBA graduates, but the private sector is a better job-creator for such people. They hire BBA graduates so that they can take care of management and finance. BBA program imbues you with the right business and management knowledge and skills and provides you with knowledge of the values that are ideal for a corporate career. A BBA degree solidifies the foundation for your future career aspirations in business and management. One can opt for MBA after the completion of BBA. BBA students have a choice of elective subjects to choose from. They can choose it according to their interest or specialization. Duration of the course: 3 years Admission process: In general, admission to the course is based on the entrance exam. The entrance tests are administered by various authorities at the national, state, or university level. Based on the qualifying examination or entrance test, a list of merits is prepared. List of entrance exams are: Career option after BBA: Successful graduates can choose from a variety of jobs from sectors such as banking, marketing, sales, management, government, and education. Salary: An average salary of a BBA graduate varies from 6.0 LPA to 6.50 LPA. Also Read: Best Banks For A Personal Loan In India
5. BACHELOR OF ECONOMICS
This course is recommended because it becomes easier for commerce students. It is a 3-year course. After this course, various government, as well as private-sector jobs, are available. In this course, some of the important subjects are Macroeconomics, agricultural economics, Indian economics, public finance, international trade, etc. Duration of the course: 3 years Admission process: The general process for admission to the course is merit-based, i.e., on the qualifications earned at the 10 + 2 level by the candidate. Often, some institutes undertake entrance examinations to enroll in the course. A personal interview round can follow afterward. Career option after BA. Economics: Investment Analyst and Sales Analyst. Salary: The average salary pack goes 2.5 to 4 LPA.
6. COMPANY SECRETARY COURSE (C.S.)
A company secretary is required whenever a company needs to function in a proper way. So, the Company Secretaryship Course is required to become one. This course is managed and conducted by the Institute of Company Secretaries of India. For getting selected in the course, there is a 3-stage program to be followed-
Foundation Program Executive Program Professional Program
The private sector is full of job opportunities for such a course. Duration of the course: Foundation Programme (8 Months), Executive Programme (9 months), Professional Programme (10 Months) Admission process: Admission to the Company Secretary program of ICSI is open all year round. The tests are conducted twice a year in June and December. Budding applicants can apply based on their exam month choice. Career after CS: Assistance to the Board of Directors, Legal Advisor, Corporate Policymaker, Principal Secretary Salary: An average salary of CS is approx. up to 3 to 5 LPA.
7. HOSPITALITY DIPLOMA COURSES
These courses can also be done by the students who have passed their 10th class. The eligibility criterion for this course is not at all strict. This course has high value with the potential of providing jobs to the applicants. Subjects in this course are Food production, accounting, travel management, front office operations, etc. Duration of the course: 3 years Admission process: Most of the institutes offering a Diploma in Hotel Management course accept students based on their entrance test performance, often preceded by a round of personal interviews in which they are tested for their general aptitude for the course. In particular, the method of admission varies across institutions. Many institutes also offer direct admission based on the 10+ 2 level performance of the applicant. Some of the tests performed in India include: AIMA, UGAT, AIHMCT, WAT, BVP, CET, DTE, HMCT, and JET Entrance Exam. Career option after Hospitality Diploma: Hotel Manager, Restaurant Manager, Maintenance Manager, Front Office Manager, Hotel Assistant, etc. Salary: An average salary of Hospitality Diploma graduate is 2-20 LPA
8. ANIMATION AND MULTIMEDIA COURSES
If a student does this course, he would have ample jobs waiting for him/her. Any student from commerce background can do a certificate, diploma, or degree course in this field. Nowadays, animation movies have been a great success. Therefore, the industry demands more such talented artists. The duration of this animation course varies between 6 months & 3 years. Duration of the course: 3 years Admission process: Entrance exam includes: Career option after B. Sc. Animation and Multimedia courses: Graphic Designer, 2D/3D Animator, 3D Modeler, Multimedia Programmer, Web Designer, Visualizer, AV Editor, Compositor, Content Developer, Video Editor, Game Tester & Reviewer, etc. Salary: An average salary of Animation and Multimedia graduate is 2-5 LPA
9. JOURNALISM & MASS COMMUNICATION
Either degree or diploma program can be taken up in this field. The duration varies between 1-3 years, depending on the program that you may choose. Both print & digital media is open for such people to give them a job. BA Journalism & Mass Communication course also offers technical experience with the different technologies used in mass media such as computer applications, respectively software and hardware used in print, radio, television, the internet, and such media channels. Duration of the course: 3 years Admission process: Based on the entrance exam. Universities such as the following conduct entrance tests for admission to B.A. Journalism & Mass Communication course: Career after BA: Feature Writer, Columnist, Fashion Photographer, News Analyst, Public Relations Officer, Radio Jockey (RJ), Special Correspondent, Video Jockey (VJ), TV Correspondent, Staff or Freelance Writer, Correspondent, Illustrator, Photojournalist, Journalist, etc. Salary: An average salary of BA in Mass Communication and Journalism is approx. up to 4 to 10 LPA.
10. EVENT MANAGEMENT COURSE
This course also has the options for a certificate, diploma, and degree programs. The duration of the course ranges from 1 year and may go up to 3 years. It varies between this range based on the program that you choose. Important subjects taught under this course are Planning, a study of main events, human resource management, public relations, accounting, marketing & advertising, etc. Duration of the course: 3 years (graduate course) Admission process: Merit-based/ Based on aptitude test Career option after Event Management Course: Event Manager, Marketing Manager, Business Development Executive, Event Accounts Manager, Event Coordinator, Wedding Planner, etc. Salary: An average salary of Event management graduate is 2-6 LPA
11. FASHION DESIGN & TECHNOLOGY
This course requires passion & dedicated efforts towards designing & fashion. This field or course is very vast, offering some sub-segments to work on. Some of them are apparel designing & accessories designing. Any of such segment can be taken up in the course. The duration is from 1 year to 4 years. Starting one’s own business is a good choice after doing this course. Otherwise, private sector jobs are always there. DURATION: 3 years ADMISSION PROCESS: Merit-Based and Entrance Test. The entrance exam for fashion and design courses include AIEED, CEED, NIFT, and NID. Students who seek admission in prestigious fashion and design colleges such as the National Institute of Design, National Institute of Fashion Technology, and other such institutes must go through specific entrance exams to entry. Career after BA (Fashion Design): Merchandiser, Textile Designer, Retail Fashion Consultant, Management Trainee, Garment Sample Coordinator, Knitwear Designer, Assessor\ Examiner of Garment Making, Fashion Expert, etc. Salary: An average salary of BA in Fashion Designing graduate is approx. up to 3 to 10 LPA.
12. HOTEL MANAGEMENT
This course is very much job-oriented. This course has some threads of hospitality. But, it is advisable to go for the degree courses instead of diploma ones under HM because of its high value. The course is of 4 years if you opt for degree courses. Both private and government sectors are offering jobs to such students. Duration of the course: 3-4years Admission process: Merit-Based and Entrance Test. GD Goenka School of Hospitality and Christ University conduct entrance test for admission to this program. Under Graduate Aptitude Test (UGAT) conducted by All India Management Association (AIMA) is one of the nationally conducted entrance tests for taking admission to BHM. Career after BHM: Front Office Manager, Restaurant Manager, Housekeeping Manager, Food and Beverages Manager, etc. Salary: An average salary of BA in Interior Design graduate is approx. up to 2-5 LPA.
13. ACTUARIAL SCIENCE
This course has mathematics & statistics under it. Risk in insurance & finance sectors is estimated using this. Institute of Actuaries of India manages & handles this course & takes the responsibility of educating students in this field. The entrance test must be cleared before moving ahead for the course. The name of the test is ACET. The student can move ahead after clearing this entrance test. The course is divided into 4 stages, namely Core technical stage, core application stage, specialist technical stage, and specialist application stage. So, to complete education in this course, a student has to give a total of 15 papers. The duration of this course will be according to your study schedule & aptitude. Also Read: 15 Passive Income Ideas To Help You Make Money In 2020 Duration of the course: 3 years (graduate course) Admission process: India’s Actuarial Society or India’s Institute of Actuaries is the only professional body of Actuaries to be formed in India in 1944. The Actuary is an Indian Actuaries Institute (IAI) fellow member. IAI is the professional examination body that organizes examinations at the level of certificates, fellowships, and associations. For admission in IAI, one has to clear the Actuarial Common Entrance Test. Career after Actuarial Science: Actuaries can work in the following works: Salary: An average salary of Actuarial science graduate is 4-5 LPA
14. CMA
CMA stands for Certified Management Accountant. Chartered accountancy, CS course & CMA have some of the things in common between them. The CMA course also has 3 stages, including Foundation, Intermediate, and Final. Earlier, this course was known as the CWA course and was offered by ICWAI. But, now it has been changed. The duration of this course also depends on the aptitude level of students. Practical training is also given to the students besides theoretical knowledge. Duration of the course: 3 years Admission process: Merit-based based on 10+2 level performance to take admission in Foundation Course. Passed Foundation of ICSI/Intermediate of ICAI by what ever name called along with 10+2 to take admission in Intermediate course Career after CMA: Finance Manager. Financial Analyst. Financial Risk Manager. Financial Controller. Salary: An average salary of CMA graduate is 4.8 – 16 LPA
15. BACHELOR OF INTERIOR DESIGN (BID)
This course is a Bachelor’s degree. Interior designing is the center of this course around which the entire education under this course revolves. The course is 3 years long. This is a very helpful and interesting course for those who are good at designing & creativity. A student who has completed his 12th in commerce stream can take admission in this course. This course has a decent career opportunity for the aspirants. Duration of the course: 3 years Admission process: Merit Based Career after BID: Design Manager, Interior Designer, Design Journalist, Product Designer, etc. Salary: An average salary of BA in Interior Design graduate is approx. up to 2 to 10 LPA.
16. B.VOC
The full form of B.VOC is Bachelor of Vocation. This course aims to develop some kind of specific skills related to a specific industry in the students. Skill development is the motto of this course. The course goes on for 3 years. This program is quite flexible due to the entry & exit chances that it provides. Therefore, the programs of B.VOC are increasingly getting popular nowadays. The curriculum is delivered by several universities and colleges in India. Together with other undergraduate courses, several colleges offer this program. Unlike the other standard UG programs, however, in keeping with the National Skills Qualification Framework (NSQF), the curriculum for this program is mapped with job roles. Duration of the course: 3 years Admission process: Merit-based/ Based on counseling after qualifying the entrance test Career after B.VOC: Computer operator, Accountant, Food Technologist, Beautician, etc. Salary: An average salary of B.VOC graduate is 2-3 LPA After 12th commerce, the career of a student depends to a great extent on the courses that he/she chooses. There are different sectors, such as finance, management, information technology, etc. One can choose the line he wants to go in 7 then pursue the course as per the choice. Enough professional courses are present for the 12th commerce students that also provide good job opportunities in the future. Have the right skills & pursue the right course & you will have the best career you wish for!