What After 12th With Commerce – Best Career Paths

Selecting a right career after 12th commerce is considered one of the most daunting decisions. Commerce as a stream provides a wide verity of career options ranging from accounting, finance, and economics to management, business, and law.

For students who choose to pursue a Bachelor of Commerce (B.Com) or its equivalent with honours.

So, let’s try to learn about the top 10 career options after 12th commerce with high salary packages and some key topics like “online B.Com in India,” the cost of education, and insights into the best B.Com colleges in India according to NIRF rankings.

Best Career Path After 12th Commerce: Exploring High-Paying Opportunities:

  1. Chartered Accountant (CA): The most noble and high paid profession of all is the Chartered Accountancy that is gained after qualifying the Chartered Accountant exams conducted by the Institute of Chartered Accountants of India. Of course, a qualified CA can expect a salary that ranges between 6 and 12 lakhs per annum and holds the prospect of substantial rewards with the passage of time.
  2. Company Secretary (CS): The issue of an organization’s legality and regulation plays a crucial role, and his professional course is governed by the Institute of Company Secretaries of India, ICSI. Hence, CS professionals have a great level of responsibility and receive competitive salaries beginning from 5 to 10 lakhs yearly.
  3. CMA Cost Management Accountant: Cost and Management Accountants or CMAs are cost accountants, financial analysts, and planners. The professional qualification, awarded by the Institute of Cost Accountants of India, or ICAI, is highly accepted in industries like manufacturing, consulting, or services. A CMA can gain between 5 to 10 lakhs rupees a year.
  4. Investment Banker: Apart from the above, those with a flair in finance find investment banking to be one of the most rewarding jobs. Students can pursue a career as an investment banker after doing B.Com or a specialized degree in finance and help businesses raise capital, mergers, acquisitions, and market investments. It does not surprise anyone to hear of salaries paid to investment bankers of between 10 and 20 lakhs a year.
  5. Financial Analyst: Financial analysts guide companies and individuals in investment decisions, based on analytical research about economic trends, market performance, and business forecasts. Financial analysts who have just entered the workforce can expect salaries ranging from 5 to 8 lakhs per annum.
  6. Actuarial Science : Mathematically and statistically, actuaries examine financial risks in industries such as insurance, pensions, investments, etc. Actuarial science graduates, after 12th commerce, can be assured of great career opportunities. Actuaries are required in view of managing the risks. Salaries are also generally higher. Starting at around 6 to 9 lakhs per annum, growth potential moves towards 30 lakhs or more for senior professionals. 
  7. CPA- Certified Public Accountant : It’s a globally recognized credential that lets a candidate access international accounting and finance opportunities. The CPA qualification is offered by the American Institute of CPAs, or AICPA. It begins at 7 to 15 lakhs per annum.
  8. Marketing Manager: Marketing managers prepare and execute campaigns to advertise products and services, develop and sustain brands, and increase market share. Marketing managers in India have a starting salary between 6 to 12 lakhs.
  9. Human Resource Manager (HRM) : Human Resource Managers manage recruitment, employee relations, and HR strategic planning for organisations. Typically the route to this profession is B.Com + MBA in HR. Generally HR Managers draw starting salaries of 5 - 10 lakhs per year.
  10. 10. Lawyer Corporate Law : Commerce students get an excellent career opportunity in corporate law. The programmes in B.Com LLB or LLB after B.Com allow them opportunities in the areas of corporate litigation, merger and acquisition, and intellectual property law.

For corporate lawyers in the bigger firms, starting salaries are offered ranging from 6 lakhs to 12 lakhs yearly while the senior lawyers take away much more.

Best Paying Jobs in Commerce: Best Options for Financial Success

While many of the above careers offer handsome packages, other areas within commerce promise lucrative roles too.

This includes portfolio managers, management consultants, and financial advisors.

With proper education and experience, these professionals can draw a salary of 10 lakh to 30 lakh a year.

B.Com fees in India for such online courses usually falls between 20,000 to 60,000 per year.

Govt. Sector Jobs After B.Com: Secure and Prestigious

Commerce graduates can also opt for jobs in the government sector that offer security along with relatively good remuneration.

Some of the most sought-after government jobs after B.Com are:

-Bank Probationary Officer (PO):  Banks recruit many B.Com graduates through competitive exams. Starting salaries range between 4 to 6 lakhs per annum.

-Indian Administrative Services (IAS): After B. Com and after preparation for UPSC exams, the student gets absorbed in one of India’s most sought-after high-paying jobs in the government.

- SSC CGL: Staff Selection Commission: Combined Graduate Level. There are many positions that fall under SSC, requiring a graduate degree. B.Com graduates are very well-placed for roles in the finance, accounts, and tax departments.

- Public Sector Undertakings (PSUs): B.Com graduates can also be employed in finance and accounts departments in large public sector organizations such as NTPC, ONGC, and BHEL. The starting salary would be in the range of 5 lakh to 10 lakhs annually.

Top B.Com Colleges in India as Per NIRF Ranking

Choosing the right college is very important for any commerce student. The top B.Com colleges in India, according to NIRF, are listed below.

  1. Shri Ram College of Commerce (SRCC), Delhi University
  2. Hindu College, Delhi University
  3. Lady Shri Ram College for Women, Delhi University
  4. Loyola College, Chennai
  5. St. Xavier’s College, Mumbai

These colleges provide quality education and also carry an excellent track record in placements.

B.Com fee in India varies between  30,000 to 1.5 lakhs per annum depending upon the institute.

B.Com Hons? : The other professional undergraduate degree is a B.Com Hons, that is, honours in bachelor of commerce with deeper insights into subjects like economics, accounting, and finance. especially preferred by those who would further their study in corporate finance or banking.

Conclusion

It may be challenging to choose the right career after 12th commerce, but the determination can be brightened if focus remains on interest, skill, and financial goals.

Be it a regular B.com or an online B.Com in India, thousands of high-paying jobs are waiting for one in the private as well as government sectors.

Finance, law, and management are fields that prove great opportunities for those who opt for it.