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Career Options after 12th Commerce with Salary

Career Options after 12th Commerce with Salary

Edited By Team Careers360 | Updated on Jul 08, 2024 11:32 AM IST

Career Options after 12th Commerce - Commerce is a field of study focused on trade, business, and financial activities. Although it has long been a popular stream among Indian students, the number of students enrolled in commerce courses has increased recently. Commerce education in India focuses on business, finance, economics, and accounting, among other topics.

Students who chose the commerce stream want to work in banking, taxes, e-commerce, finance, accountancy, or international business. However, circumstances have changed, and most students who completed their high school education in the commerce stream have pursued professions in film distribution and marketing, data analytics, digital marketing, and other fields.

Career Options after 12th Commerce

1. Chartered Accountant (CA)

A Chartered Accountant (CA) is an accounting professional who has obtained the CA accreditation from the Institute of Chartered Accountants (ICAI), India's professional organisation. He or she works in accounting and not only performs activities such as audits, taxation, finance, and general management, but he or she also has a wide variety of business and finance interests.

Salary in Top Companies: Top Companies in India pay Chartered Accountants between Rs 6 lakh and Rs 25 lakh per year on average. It can vary depending on experience, location, and firm size with senior jobs in big cities like Delhi and Mumbai topping Rs 30 lakh including bonuses and incentives.

2. Investment Banker

An Investment banker provides financial advice to firms and governments, in certain situations. He or she assists their clients raise funds. This might include issuing stock, floating a bond offering, negotiating the purchase of a competing firm, or arranging the sale of the company itself. An Investment Banker also assists existing firms looking to raise a substantial sum of money.

Salary in Top Companies: Top companies in India pay Investment Bankers between Rs 10 lakh and Rs 40 lakh per year on average. It can vary depending on experience, location, and firm size with senior jobs in big cities like Delhi and Mumbai topping Rs 50 lakh including bonuses and incentives.

3. Chartered Financial Analyst (CFA)

A Chartered Financial Analyst (CFA) is a worldwide recognised professional qualification issued by the CFA Institute. CFA is an organisation that tests and certifies financial analysts to ensure he or she is skilled and honest. Candidates must pass three tiers of tests including topics such as accounting, economics, ethics, money management, and security analysis.

Salary in Top Companies: In India, major corporations pay Chartered Financial Analysts between Rs 8 lakh and Rs 30 lakh. It can vary depending on experience, location, and firm size with senior jobs in big cities like Delhi and Mumbai topping Rs.40 lakh including bonuses and incentives.

4. Cost Accountant

A Cost accountant is a professional who is in charge of documenting, categorising, analysing, summarising, assigning, and assessing numerous possible courses of action and cost control. It is a vital management function and an intrinsic component of a company. The major responsibility of a Cost Accountant is to guarantee that managerial actions are within cost prescriptions.

Salary in Top Companies: Top Indian companies pay Cost Accountants an average of Rs 5 lakh to Rs 20 lakh each year. It varies based on experience, region, and business size, with senior positions in major cities such as Delhi and Mumbai exceeding Rs. 25 lakh, including bonuses and incentives.

5. Company Secretary

A Company Secretary is a professional responsible for maintaining legal and regulatory compliance. This role is critical to the effective operation of corporations, particularly in common law jurisdictions. A Company Secretary is responsible for ensuring compliance, facilitating communication between the board of directors and other stakeholders, and maintaining corporate documents.

Salary in Top Companies: In India, major corporations pay Company Secretaries between Rs 6 lakh and Rs 20 lakh. It can vary depending on experience, location, and firm size with senior jobs in big cities like Delhi and Mumbai topping Rs 25 lakh including bonuses and incentives.

6. Research Analyst

A Research Analyst is a professional who creates investigation studies on securities or assets for internal or client usage. A research analyst's work involves investigating, examining, discovering, or revising facts, concepts, and hypotheses for internal use by a financial institution or an external financial customer. An analyst's report includes an analysis of a company's or industry's public securities records.

Salary in Top Companies: Top Indian companies pay Research Analysts an average of Rs 5 lakh to Rs 15 lakh each year. It varies based on experience, region, and business size, with senior positions in major cities such as Delhi and Mumbai exceeding Rs 20 lakh, including bonuses and incentives.

7. Financial Advisor

A Financial Adviser offers consumers financial advice or counsel in exchange for pay. A Financial advisor can provide a variety of services, including investment management, tax preparation, and estate planning. A financial adviser is increasingly operating as a "one-stop-shop" for everything from portfolio management to insurance.

Salary in Top Companies: In India, major corporations pay Financial Advisors between Rs 4 lakh and Rs 15 lakh. It can vary depending on experience, location, and firm size with senior jobs in big cities like Delhi and Mumbai topping Rs 25 lakh including bonuses and incentives.

8. Human Resource Manager (HR)

A Human Resources (HR) manager is responsible for a company's administrative and organisational duties. The HR department is often led by a manager, who serves as a link between management and the workforce. As long as a firm has employees, an HR manager is usually required to handle hiring, training, and the organisation and development of the corporate culture.

Salary in Top Companies: Top Indian companies pay Research Analysts an average of Rs 7 lakh to Rs 10 lakh each year. It varies based on experience, region, and business size, with senior positions in major cities such as Delhi and Mumbai exceeding Rs 20 lakh, including bonuses and incentives.

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