Commerce Scope After 12th - Check Career Options, Courses, Top colleges
Commerce has emerged as one of the popular streams among class 12 students in India, especially with the rise of the start-up culture. Studying commerce was considered secondary to the science stream earlier, but now the scope after 12th Commerce has expanded considerably. Studying Commerce in classes 11 and 12th leads to plenty of academic and career opportunities. This article discusses in detail about scope of commerce after the 12th, along with popular job roles and top institutions. Let’s get started.
Scope After 12th Commerce – Job Avenues
Let us begin by discussing the various job avenues available for Commerce students after completing their higher secondary education.
1. Banking
This is one of the most popular career avenues for students studying Commerce in class 12. Numerous government and private banks offer roles in areas like daily operations, customer support, loan processing and approval, mortgage, clerical tasks, money management, and more. You can join the banking sector after graduation in the relevant subjects like B.Com or BBA.
2. Insurance
Working in the Insurance industry after 12th Commerce offers diverse opportunities for candidates with skills in economics, statistics, or actuarial science. Hence, Commerce students may approach this avenue after higher studies in Economics, Statistics, Actuarial Science, Management, or any other relevant subjects.
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3. Mass Media
A career in Mass Media can be very lucrative if you possess excellent communication skills and a creative mindset. This is a unique and different career path that deviates from the traditional job roles available after 12th commerce. After pursuing a degree in media, you can work as a Journalist, Screenwriter, Actor, Reporter, Assistant Director, Content Writer, or Cinematographer.
4. Hospitality and Tourism
The Hospitality industry is one of the rapidly growing sectors in India. Available roles in fields like hotel management, food and beverage services, housekeeping, and tourism provide good salaries and benefits. Candidates can be employed as a Hotel Manager, Chef, Sales Manager or more.
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These fields present a broad scope of commerce after the 12th, and with the right qualifications and skills, students can build a successful career in these sectors.
Scope in Commerce After 12th – Courses, Career Options and Top Colleges
To fully comprehend the scope after 12th commerce, it is necessary to explore the relevant courses available that lead to successful careers. The table below provides a summary of popular courses, their scope and the best institutes.
Course | Career Options | Top colleges/ institutes for UG |
Economics | SRCC - New Delhi, H.R College of Commerce and Economics - Mumbai, St. Stephen’s College - New Delhi | |
Management | Finance Manager, HR Manager, Marketing Manager, Product Manager | IIM - Indore, Shaheed Sukhdev College of Business Studies - New Delhi, Symbiosis- Pune |
NLU’s, M.S Ramaiah College of (MSRCL) Law - Bengaluru, University Institute of Legal Studies(UILS) – Chandigarh | ||
Accounting, Taxation, Auditing, Finance Analyst | ||
Actuarial Sciences | Actuary, Risk Analyst, Data Scientist | The Institute of Actuaries of India(IAI) |
Now, let us discuss these options in depth to get a clear perspective on the scope for Commerce students after 12th.
Economics
B.A./ B. Sc Economics is one of the best degree courses available after studying commerce in class 12. This is a 3-year UG course that covers topics like Macro and Microeconomics, Econometrics, Political Economy, and Statistics.
Career options - After completing your Bachelor’s and Master’s in relevant subjects, you can be employed in consulting firms, private banks as an Economist, Strategist, Risk Management Analyst, Statistician. The lucrative career options in Economics reflect the vast Commerce with Maths scope.
Some top colleges for UG- Sri Ram College of Commerce (SRCC) - New Delhi, St. Xavier’s College - Mumbai.
Management
Business Management ensures effective functioning and growth of a company through coordination, forecasting, planning and organising. This course focuses on principles of business administration and methodologies to manage corporate operations, HR, Finance, and International Business. This course is another indicator of the immense scope of Commerce with Maths. To get into the Management sector, you have to pursue a 3-year UG programme in BBA/BBS/BMS, followed by an MBA.
Career options: Consulting, Human Resources, Sales & Marketing, Operations Management, Finance, and you can be employed in industries like Retail, Telecom, FMCG, Education.
Some top colleges for UG- IIM - Indore, Shaheed Sukhdev College of Business Studies.
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Law
Law offers great scope for Commerce students after the 12th. This program covers subjects like Constitutional Law, Family Law, Property Law, Administrative Law and Company Law. You can pursue a 5-year integrated degree B.A LLB/ B.Com LLB after completing your class 12, or pursue B.Com (3 yrs), and then LLB (3 yrs).
Career options- Corporate Lawyer, Cyber Lawyer, Criminal Lawyer, opportunities in government and private firms.
Some top colleges- NLU’s (various locations) , M.S Ramaiah College of (MSRCL)Law - Bengaluru.
Chartered Accountancy (CA)
One of the most popular career paths for commerce students is Chartered Accountant (C.A.), This is a professional course which is administered by the Institute of Chartered Accountants of India(ICAI) and contains three levels (Foundation, Intermediate; and Final), which each aspirant needs to clear.
Career options- Opportunities in private and government organisations in areas like Auditing, Corporate Finance, Investment Banking, Consulting.
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Actuarial Sciences
This is a professional course which is conducted by the Institute of Actuaries of India(IAI). Actuarial Science involves assessing risk associated with insurance, finance, business and healthcare. It can be a fruitful career option for students who have strong skills in maths, statistics, and data analysis. You can appear for the Actuarial Common Entrance Test (ACET) after completing a degree in B.Com/B.Sc Statistics/B.Sc Maths. To pursue your career as an Actuary, candidates are required to clear 15 exams in total, conducted by the IAI. The huge demand for Actuaries indicates the vast Commerce with Maths scope.
Career options- Actuary, Pension Fund Analyst, Risk Manager
What is the Scope of Commerce After 12th?
The scope of commerce after 12th is constantly evolving. The commerce sector has developed from its traditional roles like accounting and finance to modern fields like media and business analytics. If you are someone with strong analytical, mathematical skills and a business-oriented mind, the field of commerce offers numerous opportunities for you to pursue.
Whether you are passionate about becoming a Chartered accountant or a lawyer or an economist, the field of commerce provides an array of lucrative opportunities. Choose a career that aligns with your interests and reflects your personality. With the right skills and qualifications, you can build a successful career in the field of commerce.
Frequently Asked Questions (FAQs)
A course is best for you after you select it on the basis of interest, personality, abilities and aptitudes. There are numerous career options that you can pursue after studying Commerce in Class 12th and some of the best courses are Economics, Actuarial Sciences, Management, Banking & Finance, Chartered Accountancy, etc.
This is one of the popular courses after class 12 Commerce. For most colleges, the eligibility criteria for B.Com(Hons.) in Commerce with maths, though there are colleges that give you admission in B.Com(pass/general) course if you have studied Commerce without maths.
You can enrol yourself with the ICAI and have to undergo 4 months of study if you pursue CA directly after class 12. You will have to sit for the CA Foundation exams. As it is one of the toughest exams and the pass percentage is very low, It is always recommended to pursue your graduation in B.Com as a fallback option.
Yes, you can opt for Commerce courses after studying the science stream in class 12. You can pursue courses like - B.Com(Hons), BBA, BA.LLB and follow it up with an MBA.
The best colleges for B.Com in India are St. Xavier’s College – Mumbai, Sri Ram College of Commerce (SRCC) – New Delhi, etc.
The field of commerce provides vast scope and opportunities for 12th pass students. Various career paths after 12th commerce include banking, law, CA, economics, management, and more. With the right skills and exposure students can build a successful career in the commerce field with high salary and long term stability.