Commerce graduates typically seek careers in Banking and finance or managerial roles in the corporate sector. The Commerce subjects, such as Accountancy, Economics, Business Studies, Mathematics and Statistics, best align with careers in these fields. Besides a degree in Commerce, one can earn professional certifications leading to highly specialised, high-paying roles.
These are entry-level roles in Finance Management for Commerce students that they can apply for straight after graduation. These roles involve maintaining books of accounts, tracking incomes and expenses, approving bills and salary statements and maintaining their records, among others. This is a pan-industry job, and one can be employed with retail stores, educational institutions, MNCs, government offices, etc.
A Business Manager or Administrator’s role is to oversee the overall day-to-day operational aspects of a business. They ensure the availability of office supplies, coordinate with the various departments to ascertain interdepartmental needs, coordinate with vendors and suppliers and organise office events, among others.
Retail managers manage the day-to-day operations of retail stores. These can be standalone multi-brand stores, shopping malls, or small shops. Their role includes managing store inventory, business operations, customer relations, planning promotions and advertising campaigns, among others.
There are numerous entry-level bank jobs that one can apply for right after graduation. Some banking jobs after graduation are teller, customer relationship manager, sales and marketing, etc. For jobs in public sector banks, one must appear for the banking exams, and based on the role applied for and performance, one can get jobs as a branch manager, regional manager, etc.
Digital marketing has boomed as a viable career option in the past decade. Irrespective of the nature of a business and where its customer base lies, a strong digital presence is required for the business to grow. Digital marketing roles require knowledge of the markets, understanding of consumer behaviour, conducting market research and tracking marketing spend. These skills are acquired through commerce subjects such as business studies, economics and statistics.
An Investment Manager can hold various roles as a stockbroker, wealth manager, share trader, or derivatives trader, among others. They work for brokerage firms, banks, HNIs, or as consultants to trade in the stock market, commodities market or derivatives market. Their role is to invest funds in various instruments such as stocks, bonds, derivatives, etc., to earn profits.
These professional certifications are acquired upon graduation from professional bodies that conduct the certification exams.
The Chartered Accountant (CA) certification exam is conducted by the Institute of Chartered Accountants of India (ICAI). Depending on when you apply for it, this can be a 3- or 4-year programme. Most students begin preparing for CA from PUC so that they can complete their undergraduate and CA certification courses together. CA’s job profile includes auditing, taxation, and financial consultancy for individuals and firms.
The Company Secretary (CS) certification is awarded by the Institute of Company Secretaries of India (ICSI). The CS role is to advise the business on legal implications, ensure they are abiding by the business laws and following best practices. They are advisors to the board of directors on all aspects of the business operations.
The Chartered Financial Analyst (CFA) is a certification awarded by the CFA Institute. CFAs are responsible for wealth management, investment analysis, and developing and executing financial strategies for organisations, businesses and HNIs. It is a highly technical and niche field for equity research and portfolio management.
Certified Management Accountant (CMA) is a professional certification awarded by the Institute of Management Accountants (IMA). The CMA’s expertise lies in financial management, enterprise finance, business accounting and strategic decision-making for a business.
The college offers coaching for CA and CS on campus. The institution also has an incubation centre for budding entrepreneurs where the students benefit from the expertise of mentors and given space to work on their ventures.
Commerce is a dynamic stream where analytical skills and logical reasoning are balanced with understanding social structures and needs. The core Commerce subjects lead to technical career paths in finance and business management. However, Commerce students can consider interdisciplinary courses that will help them in career pathways in mass media, commercial arts, performing arts and more.
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