The commerce stream refers to an academic stream that focuses on studying various aspects of commerce and trade. This stream of education is highly sought-after by students who are interested in pursuing a career in business, finance, accounting, or economics. The commerce stream is often considered one of the most versatile streams, offering a wide range of career opportunities in different industries.
Students who opt for the commerce stream in high school or junior college are exposed to various subjects such as accounting, economics, business studies, mathematics, and statistics. These subjects help in developing an understanding of the functioning of the financial and business world. The curriculum is designed to provide students with a strong foundation in the principles of commerce and its applications in real-life scenarios.
Students who choose to study in the commerce stream are exposed to a wide range of topics and concepts that are relevant to the modern business world. They learn about different types of financial transactions, such as investments, loans, and credit, and how to manage financial risk. They also learn about marketing strategies, consumer behavior, and the fundamentals of business management, including the principles of planning, organizing, and controlling.
Topics covered
What all is covered in this post?
In this blog post, we shall be looking at the various aspects of opting for a commerce stream, subjects involved in a commerce stream, and job opportunities after a commerce stream.
Is Commerce a good stream to choose for?
The commerce stream is a good choice for students who are interested in pursuing careers in business, finance, economics, and accounting. It provides a solid foundation in these fields and prepares students for a wide range of careers in the business world. Additionally, the skills and knowledge gained in the commerce stream are highly valued by employers, making it a practical and lucrative choice for students.
Why choose the commerce stream?
Choosing a commerce stream can provide students with a variety of benefits. Here are a few potential Benefits of Pursuing Commerce Courses After the 10th:
- Wide Range of Career Opportunities: Commerce stream prepares students for careers in various fields such as accounting, finance, marketing, and entrepreneurship, which provide a wide range of career opportunities.
- Practical and Applicable Skills: The curriculum of the commerce stream is designed to provide practical and applicable skills that can be used in the real world. Students gain a solid foundation in business and finance, which can be applied to various industries.
- High Demand: The skills and knowledge gained in the commerce stream are highly valued by employers, making it easier for students to secure well-paying jobs in the job market.
- Lucrative Salaries: The jobs available to commerce graduates often offer lucrative salaries, making it a financially rewarding career path.
- Flexibility: The commerce stream provides flexibility in terms of further education options. Students can choose to pursue further education in business, law, management, or any other related field.
Subjects involved in Commerce Stream
In this section, we shall be looking at the various subjects involved at the various academic levels in the commerce stream. The subjects involved in the commerce stream can vary slightly depending on the educational system and institution. However, here are some common subjects involved in the commerce stream at different levels:
11th and 12th Class Commerce Stream Subjects
Subjects involved in the commerce subjects in 11th and 12th class level are:
- Accountancy
- Economics
- Business Studies
- Mathematics (optional in some cases)
Checkout – Best Courses after 12th Commerce
Undergraduate Commerce Stream Subjects
Following are the subjects involved in UG:
- Financial Accounting
- Cost Accounting
- Business Economics
- Financial Management
- Business Law and Ethics
- Marketing Management
- Organizational Behaviour
- Human Resource Management
- Statistics for Business and Economics
- Taxation
For understanding subjects after UG, refer to our Courses After Graduation in Commerce blog post!
Postgraduate Commerce Stream Subjects
Subjects involved in the commerce stream at the postgraduate level are:
- Advanced Financial Accounting
- Corporate Accounting
- Business Research Methods
- Strategic Management
- International Business
- Investment Analysis and Portfolio Management
- Management Accounting
- Banking and Financial Services
- Entrepreneurship
- E-Commerce
A career in Commerce Stream
As we have already mentioned that there are plenty of career options after 12th commerce available. The scope of opportunities in the commerce stream is vast and varied. In this section, we will be looking at some of the top 10 career options in the commerce stream with their average annual salary that you are going to love for sure.
Chartered Accountant (CA)
Chartered Accountants are highly qualified professionals who specialize in accounting, auditing, taxation, and financial management. They work in various industries, including banking, finance, and the corporate sector, providing financial advice and services. Becoming a Chartered Accountant requires rigorous academic and professional training, including passing a series of exams and gaining practical experience.
The average salary of a chartered accountant in India is around INR 8.5 LPA.
For more details, visit our latest blog CA Course after the 12th.
Investment Banker
Investment bankers are financial professionals who provide advice and services to clients regarding investment and financial decisions. They work in investment banks, providing services such as underwriting, mergers and acquisitions, and securities trading. Investment bankers require strong analytical skills, financial knowledge, and excellent communication skills to succeed in this highly competitive field.
The average salary of an investment banker in India is around INR 9 LPA.
Chartered Financial Analyst
The Chartered Financial Analyst (CFA) designation globally recognizes expertise in investment analysis, portfolio management, and other financial management skills. The CFA program requires passing a series of three exams and gaining relevant work experience. CFAs work in various financial sectors, providing financial analysis, portfolio management, and investment advice to clients. The financial industry highly values the CFA designation and considers it a mark of excellence.
The average salary of a chartered financial analyst salary in India is around INR 5 LPA.
Actuary
Actuaries are professionals who assess and manage financial risks using mathematical models and statistical analysis. They work in various industries, including insurance, healthcare, and finance, and use their expertise to design and price insurance policies, pension plans, and other financial products. Becoming an actuary requires a combination of academic qualifications, professional certification, and work experience.
The average salary of an actuary in India is around INR 10.15 LPA.
Cost Accountant
Cost accountants are financial professionals who specialize in cost accounting, financial planning, and analysis. They work in various industries, including manufacturing, retail, and services, analyzing costs and financial data to help companies make informed business decisions. Becoming a cost accountant requires a combination of academic qualifications, professional certification, and relevant work experience. Cost accountants are highly valued for their expertise in cost analysis and management.
The average salary of a cost accountant in India is around INR 6 LPA.
Company Secretary (CS)
Company Secretaries (CS) are professionals who ensure that companies comply with legal and regulatory requirements. They work in various industries, including finance, corporate law, and governance. CSs manage compliance, board meetings, and corporate filings, and provide guidance on legal and regulatory matters. Becoming a CS requires passing exams and gaining relevant work experience. CSs are highly valued for their expertise in corporate governance and compliance.
The average salary of a company secretary in India is around INR 6 LPA.
Personal Financial Advisor
Personal Financial Advisors are professionals who provide financial advice and services to individuals and families. They work in various industries, including finance, banking, and insurance, and help clients manage their finances, investments, and retirement plans. Personal Financial Advisors require strong communication skills, financial knowledge, and a commitment to ethical standards.
The average salary of a personal financial advisor in India is around INR 4.3 LPA.
Research Analyst
Research analysts are professionals who conduct research on various industries, companies, and financial markets. They work in various industries, including finance, consulting, and market research, and provide insights and recommendations based on their research. Research analysts require strong analytical skills, financial knowledge, and expertise in research methodologies.
The average salary of a research analyst in India is around INR 4 LPA.
Product Manager
Product Managers are professionals who are responsible for the development and management of a company’s products or services. They work in various industries, including technology, retail, and finance, and are involved in every aspect of the product development cycle, from ideation to launch. Product Managers require strong communication skills, market research expertise, and a deep understanding of customer needs.
The average salary of a product manager in India is around INR 18 LPA.
Auditor
Auditors are professionals who review financial records and statements to ensure compliance with accounting standards and regulatory requirements. They work in various industries, including accounting, finance, and consulting, and help companies improve their financial reporting and internal controls. Auditors require strong analytical skills, financial knowledge, and attention to detail.
The average salary of an auditor in India is around INR 5 LPA.
Conclusion
The commerce stream offers a wide range of educational and career opportunities for those interested in pursuing a career in finance, accounting, economics, or business management. The curriculum of the commerce stream includes subjects such as accounting, economics, business studies, and mathematics, providing students with a solid foundation in these areas. A commerce degree, whether at the undergraduate or postgraduate level, can lead to a variety of careers in the financial, corporate, and government sectors. Some popular career options in the commerce stream include chartered accountancy, investment banking, cost accounting, and financial analysis, among others.
Hope we would have been able to provide you with all the information that you need regarding the commerce stream. Still, got questions? Why don’t you connect with our industry experts? Yes, you read it right! You can get your queries resolved in just 60 seconds from our Career counselors. So, what are you waiting for? Download the iDreamCareer app now!
iDreamCareer has helped millions of young minds like you from 9th class, 10th class, class 11, and class 12 discover their true mettle and is ready to help you too.
Also, Read
- Best Courses after 12th Commerce
- Top Courses After 12th Arts
- List of Popular Job-Oriented Courses After 12th
- Career Options After 12th
- BCA After 12th Commerce
- What After 12th?
- CS Courses
- Professional Courses After 12th
- Business Courses After 12th
- Courses Without Maths After 12th
FAQs
Some of the subjects included in the commerce stream are accounting, economics, business studies, mathematics, finance, and taxation.
Some popular career options in the commerce stream include chartered accountancy, investment banking, cost accounting, financial analysis, and company secretary.
Yes, it is possible to pursue a career in finance without studying commerce. However, studying commerce provides a strong foundation in financial and business concepts that can be beneficial in a finance career.
Some of the skills required to succeed in the commerce stream include analytical thinking, problem solving, strategic planning, financial analysis, and decision-making.
Yes, the commerce stream is suitable for someone who is interested in entrepreneurship. The curriculum includes subjects related to business management, which can be beneficial for someone interested in starting their own business.
Sushant, an accomplished content writer at iDreamCareer, has dedicated his life to the pursuit of writing since childhood. Having earned his education at the prestigious University of Delhi, he possesses a profound understanding of both arts and science in the field of education. Leveraging his professional experience, Sushant brings a fresh perspective to analyzing emerging trends in the realms of writing and education. His youthful mindset, coupled with a positive outlook, is geared towards enlightening students through the impactful delivery of wisdom and knowledge.
