The demand for commerce graduates in the world is soaring high currently. As startup culture became the new normal, the number of businesses exploded worldwide in recent times. This marks an opportunity for several fresh graduates and people studying in the field to get lucrative jobs.
When considering the field of commerce, there are multiple course options. Every course has its perks and demerits. So it is up to a student which course interests him the most. But to find what’s available for the 12th commerce students, we researched the field and created a list of the best professional courses after 12th commerce.
So let us explore that list and guide you about the various options you can avail of after completing your 12th commerce.
Why Should You Pursue a Career in Commerce?
Before moving into the details of the courses, let us first start with understanding this basic question, ‘Why pursue a career in commerce?’ Well, there are many answers to this question. However, let us pick some of the most relevant ones as per today’s scenario:
Commerce Provides Multiple Career Opportunities
The best part about being in the field of commerce is you have countless career opportunities. As we discussed earlier, the number of businesses in the world is already exploding, nurturing better job opportunities for candidates.
Each business has economics related to it. Therefore, students can obtain numerous high-paying white-collar jobs after pursuing a professional course in commerce.
You Learn Better Business Sense with Commerce
If you wish to become an entrepreneur later in life, commerce is the best field to start. It gives you real insights into how businesses run, their expenses, and how to make a business successful.
So by choosing to work in this field, you develop an in-depth understanding of the field that helps you create successful ventures in your career.
Commerce Offers Real-Life Applications
Commerce is directly connected to the world where we live. From our morning tea to late-night dinner, the impact of commerce is at a macro level in our life. It teaches you to manage your finances, budget, etc.
Apart from that, it also informs you about how to make major decisions for organizations and personal levels. So commerce, when applied to your daily life, makes you financially literate, which helps in many ways in your career in the commerce field.
You Become a Master of Financial Management
Financial management is not only necessary at a corporate level but is equally important at a personal level. And when you opt for a professional course after 12th commerce in finance, you learn and understand how to manage your funds and assets, both for enterprises and your personal benefits.
What Are the Different Career Options After 12th Commerce in 2022?
Unlike some time back, now there are numerous career choices for commerce students. Some highly beneficial professional courses have been designed by institutions that train the students with pragmatic skills that can be applied directly to the industry. These courses ensure that the candidate’s skills are thoroughly developed, and they can put their valuable input into the industry.
Some of the best courses after 12th commerce to know about are:
- ACCA (Association of Chartered Certified Accountants)
The Association of Chartered Certified Accountants (ACCA) is a professional course to become a certified chartered accountant after the 12th standard. ACCA has a three-level examination course structure that you must clear to become an ACCA-certified professional.
Being ACCA-qualified, you learn the skills and tools of financial management that help you score leading positions in MNCs worldwide. As it is a globally accepted course, having ACCA labeled with your name will surely benefit your career.
12th Pass Out in Commerce with over 65% marks in at least two subjects and above 50% in all others.
2 – 3 years.
To know more about ACCA, Click here
- CFA (Chartered Financial Analyst)
CFA or Chartered Financial Analyst is a course that skills you with the knowledge of finances and economics to handle large corporations. You are exposed to a variety of roles in finance and made equipped for analysis and decision-making.
This course has high relevance in Indian markets that will help you easily get a good salary job. Similar to ACCA, in CFA also you have to go through 3 levels of examination.
You must have received a bachelor’s degree from the college/university or should be a student in the final year of your graduation.
Around 2 – 3 years
To know more about CFA, Click here
- CFP (Certified Financial Planner)
You might have heard business people often discussing things with their financial planners. This is how important this course makes you in the financial world. Financial planning is one of the most growing fields today.
Whether it is a small or large business or even a personal matter, everyone likes the expert’s opinion for their hard-earned money. So to make that informed choice for large corporations, this course will set you up with methods and ways to help you excel in this field.
12th Pass Out in Commerce Field
Around 2 Years
To knowmore about CFP, Click here
- Investment Banking
Investment banking is a field that is more relevant than ever before today. There are tools, applications, and ways today to use investment banking can be done to avail of monetary benefits. However, learning the skills through a professional and certified course will ensure your swift success in the field.
It teaches you real-life skills like financial modeling and analytics. A course in investment banking is highly demanded and opens multiple job opportunities in the industry.
A diploma course can be pursued after 12th commerce, and post-graduation course opens after you complete your graduation.
9 Months – 1 Year depending upon the course undertaken.
- Financial Modelling
It is the study of how the finances of different businesses are structured so that you develop the skills to look through the projections and make informed decisions about investments for your company.
This course is highly prominent these days as the demand for financial modelers has suddenly arisen. A good financial modeler deeply understands a company’s revenue, costs, and profit and develops strategies to amplify its success.
You can enroll in this course after completing your 12th commerce.
3 – 4 Months
To know more about financial modeling, click here
- International Financial Reporting Standards (IFRS)
IFRS is the international accounting standard and principles set by the IASB (International Accounting Standard Board) for preparing financial statements. Most countries have opted for this standard and generate reports per its guidelines.
This course teaches you all the intricacies of reporting and asset management that help you become proficient in the field and get good salaried white-collar jobs.
You need to complete your bachelor’s degree to enroll in this course.
3 – 4 Months
To know more about IFRS, Click here
- CIMA (Chartered Institute of Management Accountants)
CIMA is a globally recognized qualification to build careers in business & finance. This course trains you in corporate finance, Financial and Business Analysis, Financial Reporting, Risk Management, etc.
Candidates who successfully clear their CIMA examinations are given high priority in job openings and have better off-site opportunities worldwide. The course is structured to comprehensively train candidates to become masters of their study and apply it seamlessly in the real world.
You can avail of this course after 12th commerce.
2 – 3 Years
To know more about CIMA, Click here
Job Prospects After Completing a Course in Commerce Field
The commerce field is full of job opportunities once you have a professional certification. Some of the jobs you can get after completing any of the above-given courses are:
- Tax Accountant
- Business Analyst
- Financial Advisor
- Financial Planner
- Investment Banker
- Risk Associate Manager
- Acquisition Associate
- Equity Research Associate
Start Today with IMS ProSchool
The scope of job opportunities and career growth in the commerce field is extensive. Therefore, pursuing a professional course after 12th commerce will be a highly beneficial step for your career. IMS offers one of the best and leading courses in the commerce field that sets you up for the highest level of jobs in the industry. Learn more about the courses offered by IMS ProSchool here.