Career option for Commerce

Career after 12th Commerce

Career after Graduate Commerce

Career option for Commerce

Career Option for Commerce Study Combo Programs Boosts Career portfolio

With increasing business complexities and job market dynamics, a single qualification may not give you the required knowledge for professional competency. This makes a case for acquiring additional qualifications not only as a value added to one’s career graph, but also to get an edge over others in the competitive career world.

  • Bachelors
  • B.A./B.Com/B.Sc. and LLB/LLM

This is a typical route for becoming a Lawyer. This can be done in two ways viz. after graduation or after 12th integrated law course (BA LLB). LLM adds value as a master of a specific area for practice.

  • B.Com/B.A./B.Sc. and CA/CS/CWA/CFA

This is a typical route for professions like Chartered Accountant, Company Secretary, Cost Accountant or Chartered Financial Analyst. After graduation, students can get themselves admitted directly to the Intermediate level of these courses. These candidates enjoy a statutory status in the corporate since all these qualifications are under a statutory law.

  • B.Com and DTL

This is a typical route for becoming Tax consultants, Tax practitioners. Candidates can work for tax consultants or have their separate practice.

  • B.Com and MBA (Finance/HR/Marketing)

This is yet another route for entering the corporate for managerial positions (provided students are from top 15 B-Schools). Candidates get job opportunities in retail, FMCG, banking, financial services, insurance, BPO, KPO, etc.

  • B.Com and Mass Communication / Journalism

This is an interesting career choice made by candidates having a passion for communication, journalism, writing, editing, technical writing, blogging, etc. Highly challenging and demanding sector.

  • B.Com and Stock Market courses (NCFM/NISM)

Job opportunities for stock market/share transfer agents, brokers, custodians, depositories, depository participants, portfolio management consultants, etc. are on the rise and provide excellent and challenging work environment. Courses from NSE and NISM (institute promoted by SEBI) are becoming popular.

  • B.A./B.Com and M.A./M.Com/MBA, NET/Ph.D

This is a typical route for becoming Professors and Lecturers in management colleges and university colleges. Young candidates can also look at this career choice.

  • B.E. and Project Management

This is a fast growing and immensely required combination in sectors like IT, Infrastructure, and Engineering. Today project execution is not a problem area, but Project Management is an area which has lack of skilled workforce. Engineers having Project Management skills can climb the managerial ladder in shorter time. Education/Training in Project Management is considered essential today.

  • Professional Courses (CA/CS/CWA/MBA/CFA)
  • CA and CS

This is the most known and famous career combinations in the commerce stream, very well accepted by the industry and most liked by student fraternity of professional courses. Handling accounting, taxation along with secretarial & compliances is a herculean task in itself. CA and CS provides excellent career stability due to its scope and exposure levels. These two can be studied simultaneously, however, acquiring them in the least possible time requires perseverance, efforts and determination.

  • CA/CWA and MBA Finance

Many CA/CWA candidates pursue MBA Finance. Here it is important to know that MBA is complementary to CA and is not a substitute. Also it is recommended that a student first completes CA/CWA and then joins full-time MBA. It is difficult to manage both simultaneously due to the method of studying, time and efforts required for both the courses are vastly different. Working professionals can do part-time MBA / Executive MBA. In the industry, this is a very well known combination and it gives an edge to a CA/CWA having a management degree.

  • CA and CWA

CA and CWA are hard core accounting and costing qualifications. Both complement each other. Costing and Accounting & Taxation being the backbone of business processes, their combination goes well accepted in the industry and such candidates are technical experts. These qualifications by many are acquired together and are relevantly co-related to each other.

  • CA, CS, CWA

This is regarded as the ‘Triple Crown’. Acquiring CA, CS, and CWA qualifications is a feat in itself and gives a holistic view of the world of accounting, finance, costing and company law. Candidates with all these three degrees are likely to be placed in high profile jobs and make a good career in consultancy too. These three can also be done simultaneously, however, acquiring these requires immense perseverance, efforts and determination.

  • CA and CFA

Though both these do not complement each other, CFA is about financial analysis and CA is about accounting & taxation. CFA, if done from CFA USA, is given very high regard in the industry. CA and CFA will be a good combination as far as job profile is concerned and provides immense scope in finance and accounting field, even for those seeking to pursue their careers abroad.

  • CA and CPA

CA and CPA is a fantastic combination giving scope in accounting and taxation, in domestic as well international job market. CA and CPA candidates get placed in high profile assignments in India and abroad due to their exposure to domestic and international accounting practices.

  • CS and LLB

Though a CS is taught general laws, a CS is majorly an expert in secretarial practice and company law. CS and LLB is a well received combination in the industry and provides good scope for candidates to work in secretarial as well as legal departments of the organisation. Such candidates with experience can head secretarial departments as Company Secretary as well as legal department as Legal Head. However, major work relates to secretarial functions and compliance.

  • CS and MBA Finance

MBA Finance, if pursued by a CS, gives the candidate scope to diversify into finance function. Here too, caution is provided, not to pursue both the courses simultaneously, due to the reasons indicated above. Here too, major work may relate to secretarial and compliance and less of finance, however, it may be reverse in some cases.

  • CS and CWA

CWA provides a diverse scope to CS through exposure to costing and indirect taxation. Here too, major work may be of secretarial and compliance and less of costing, however, it may be reverse in some cases. These courses can be pursued simultaneously. LLB is recommended here for greater stability and exposure.

  • MBA
  • MBA Finance and SAP/ Oracle ERP/ Tally courses

Apart from the above listed professional courses, MBAs can pursue short/medium term but industry relevant and effective certifications, which can add value to their resume. SAP / Oracle Finance ERP / Tally certifications along with MBA Finance are done by many and are well accepted by IT, manufacturing sector.

  • MBA HR and Diploma in Labour Laws/ Industrial Relations/ LLB/ Industrial Psychology

MBA HR and a study of labour and industrial laws or LLB is a good combination beneficial for manufacturing sector and others which are labour driven. Studying Industrial Psychology also may help MBA HR to better manage workforce and their issues.

  • MBA Marketing / Operations and Diploma in SCM/Logistics

Studying Supply Chain Management, Logistics are good value add to MBA Marketing candidates; since it helps them better manage customers and vendors.

  • MBA (any field) and Project Management / Six Sigma certification

MBA along with Project Management skills is the need of the hour. Though MBA are taught project management, a certification in Project Management adds good value to their resume, giving them recognition. Six Sigma certification also helps in diversifying in change management, conflict management, process improvements, etc.