10 Highest Paying Jobs For Commerce Students

10 Highest Paying Jobs For Commerce Students

Edited By Soumi Roy | Updated on May 28, 2024 06:23 PM IST | #Commerce

In India as well as around the world, Commerce is the major foundation that supports all other industries. As it has become one of the sought-after fields, many aspire to get high-salary jobs in the commerce stream. There are numerous best jobs for commerce students in a variety of industries and businesses, regardless of type and size.

10 Highest Paying Jobs For Commerce Students
10 Highest Paying Jobs For Commerce Students

The commerce field jobs provide an individual with a horizon filled with endless opportunities both locally and globally alike. The best way to land top commerce stream jobs is by taking a good degree and the top online commerce certification courses. In this article, we will take a look at some of the highest paying jobs for commerce students.

If you are thinking of what are the highest paid jobs in India in the commerce field, the answer is much vast. Jobs after commerce courses are much more vast and diverse. Commerce career options can be explored in industries such as accounting, finance, risk management, investment banking, and e-commerce, among others.

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Along with handsome salaries, these commerce stream jobs allow professionals to pursue different career paths within the field. Thus they can diversify their skill portfolio in the long run. There are several highest paying commerce subject jobs in India where one can pursue their desired role. Read on to the article to know more about the lucrative and rewarding commerce career options list to pursue.

Also Read: Top Careers Options to Pursue after 12th Commerce

The 10 Best Commerce Jobs List and Salary in India

As there are various job opportunities for commerce students, we have prepared a list of the best commerce career options with salary.

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Job Profiles

Average Salary*

Chartered Accountant

Rs. 6 to 7 lakhs per year

Investment Banker

Rs. 26 lakhs per year

Chartered Financial Analyst (CFA)

Rs. 6-12 lakhs per year

Certified Public Accountant (CPA)

Rs.7-9 lakhs per year

Actuary

Rs 10-14 lakhs per year

Cost Accountant

Rs. 4-6 lakhs per year

Accountant

Rs. 6-7 lakhs per year

Retail Manager

Rs. 5 lakhs per year

Company Secretary

Rs. 6-7 lakhs per year

Personal Financial Advisor

Rs. 5 lakhs per year

*Note: The above-expected salary is based on the research done by the Careers360 Team. It can vary depending on the candidate’s experience.

Read the detailed information about the commerce jobs list and pursue what best suits you.

1. Chartered Accountant

One of the best high-salary jobs in the commerce stream is Chartered Accountant. The Institute of Chartered Accountants of India (ICAI) is the official body that appoints a person as a registered CA after passing a series of exams and internships. This is regarded as one of the highest paying jobs in the commerce field in India.

At an entry-level, one can expect an average salary of Rs. 6 to Rs. 7 lakhs p.a., making this a top job for commerce. The pay may get higher with experience.

2. Investment Banker

This is another one of the best jobs for commerce students in India. An investment banker gets the highest salary among the commerce field jobs. The role of an investment banker is to provide advice and recommendations to various companies and firms so that they can use their budget effectively and achieve their financial goals. An investment banker in India can earn up to Rs. 26 LPA.

Top Providers Offering Investment Banking Certification Courses

3. Chartered Financial Analyst

This is amongst the highest paid jobs in India in commerce field. Commerce students who opt for the job as a Chartered Financial Analyst (CFA) and can earn an average salary of Rs. 9 lakhs p.a. making this one of the high salary jobs in commerce stream. It is also one of the best careers in commerce that concerns commercial services globally.

CFA is an essential part of many fields like asset management, equity, and revenue analysis, credit analysis, and more. They collect data from multiple sources and analyse it to evaluate the advantages and disadvantages of different investment vehicles.

4. Certified Public Accountant (CPA)

The CPA is quite the same as the Chartered Accountancy profession, but this one is offered by the American Institute of Certified Public Accountants (AICPA). Therefore, the CPA has a global appeal, making it one of the best commerce stream jobs. Candidates looking to gain a CPA degree must have a bachelor's degree in Business Administration/ Finance/ Accounting and must complete 150 hours of study.

The CPA manages tax, auditing, reporting, and accounting processes for individuals and organisations. The commerce jobs list would be incomplete without a CPA, even though it gets shadowed by other careers such as CA. One must have a Business or Accounting degree to appear for the CPA exam.

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5. Actuary

Another one of the high salary jobs in the commerce stream is Actuary. An Actuary is a professional who assesses risks involved in the insurance industry such as loss of property, disability, or other potential risks to the company. He or she uses their mathematical skills to measure the likelihood of future events and predict their financial impact on their customers and businesses in general.

As one of the best commerce stream jobs, an Actuary's work will not be limited to financial institutions. As all areas of business are at risk, individuals can also find the best jobs after commerce in non-financial domains such as real estate, health care, and other similar fields making it the best job for commerce students.

6. Cost Accountant

As one of the best jobs for commerce students, Cost Accountant is a professional responsible for collecting, verifying, analysing, and communicating data to facilitate financial visibility and improve processes. The two main objectives of a cost accountant are profit analysis and budget preparation.

Cost Accountants help companies with budgeting, cost management, and company assets and evaluate business performance. This best job for commerce students will open opportunities in top manufacturing firms along with various other sectors.

Top Providers Offering Cost Accountancy Certification Courses

7. Accountant

This is another one of the high salary jobs in the commerce stream. In addition to Chartered Accountants, students may launch their careers as Accountants and assist their companies with finance and accounting, tax, and compliance reporting. They must have a working knowledge of accounting software such as SAP, Tally, and Excel.

Accountants must create and maintain accurate financial records for businesses and individuals. As an accountant, you can get a job in an accounting firm or can set up your own business.

Top Providers Offering Accountancy Certification Courses

8. Retail Manager

One of the highest paying jobs in commerce is Retail Manager. As a retail manager, you will assist in the management of supermarkets, and run the sales successfully. Retail Managers monitor and manage all aspects of the day-to-day operations of stores, including sales, staff, inventory, and resource management.

They need to be familiar with product and marketing philosophy. They should use marketing strategies to persuade customers to buy products from the store. You can pursue your career as a retail manager after retail management certification courses.

Top Providers Offering Retail Management Certification Courses

9. Company Secretary

Another one of the best commerce field jobs is company secretary. The major responsibility of a company secretary is to ensure that the company they are working with runs in proper coordination while adhering to all the rules and legal requirements. Company Secretary (CS) is a key position in any organisation, serving as president between stakeholders and the board.

As the best job for commerce students, this profession is also responsible for making formal submissions such as tax reports, account details, and annual receipt reports. This top job in commerce is regarded as one of the most respectable jobs in the world of commerce and finance.

10. Personal Financial Advisor

One of the high paying jobs in commerce is being a personal financial advisor who assists clients with their financial goals, retirement savings, pensions, insurance, and debt management. This best job for commerce students requires degrees in finance, business, Mathematics, policy making, and administration. A personal financial advisor provides his or her clients with financial advice and services based on their specific needs.

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Conclusion

These are the top highest paying jobs for commerce students in India that you can choose to pursue after completing your commerce courses. These commerce job opportunities are quite diverse and vast, encompassing a variety of job roles and positions such as statistician, sales manager, finance manager, budget analyst, auditor, and more.

The field of commerce is suitable for those who are inclined towards accountancy, finance, economics, and many other related fields. If you are passionate about commerce field jobs, choose the highest paid jobs in India in commerce that suits you best.

Frequently Asked Questions (FAQs)

1. How useful is a commerce degree for gaining the high salary jobs in commerce stream?

It is generally believed that earning a bachelor's degree, particularly a B.Com degree in the commerce stream is the minimum requirement to get a job for commerce. You can take an M.Com and get certification courses as well to supplement your credentials. 

2. Is commerce a good field?

There is a top job in commerce, but these commerce career options have lots of difficult challenges and practical facts added to it. This makes it rewarding. The most respectable commerce stream jobs are Chartered Accountant and CPA position holders.

3. Is the course work for these jobs for commerce students difficult?

The commerce students have more subjects based on theoretical knowledge. This makes it a bit tough compared to Science stream jobs. Thus competition can be tough for top commerce stream jobs.

4. Is Commerce Good for IAS?

All the subjects for commerce stream jobs are ideal for IAS. You just have to remember that even if you crack civil services in the first attempt then also you have to study the subject for at least 1 year. So do not choose a subject which might bore you.

5. How many fields are there in commerce?

At present, there are around 50+ specialized fields in the commerce stream, thus creating myriad commerce job opportunities.

6. Can we do CA without maths?

CA is one of those exceptional commerce career options which do not require mathematics as a subject in class 12.

7. Does 12th marks matter in CA?

While for other highest salary jobs for commerce students, it may become a decisive factor, it is not so in the case of CA. But you should have passed the 12th Standard, if you want to register for the CA Intermediate course, after clearing CA-CPT / CA Foundation course.

8. What are some of the top degrees I can take to get top jobs for commerce?

You can land top commerce stream jobs after Bachelor of Economics, Bachelor of Commerce in Accounting & Finance, Bachelor of Commerce in Banking & Insurance, Bachelor of Commerce in Financial Markets, Bachelor of Management Studies, Bachelor of Business Administration, Bachelor of Business Studies and Bachelor of Computer Application.

9. Can these jobs for commerce students ultimately help me become a CEO?

Everything mentioned in the article are best jobs for commerce students. Such professionals are adept with technology, and knows how to be of service to customers. Also the these commerce job opportunities prepare you to become a leader in the long run. Hence you can become a CEO.

10. Will these commerce stream jobs ensure a safe future for me?

These commerce stream jobs are among the popular options that students aspire for after completing their class 10th board exam. They take commerce as their main subject and pursue degree or advanced degrees, CA, CFA, and others. 

11. Can these commerce subject jobs land me opportunities in an IT company?

Top-tier companies also prefer computer science graduates. But if you have genuine interest, take top certification courses, build a strong port folio to land these commerce stream jobs in the IT industry.

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Questions related to Commerce

Have a question related to Commerce ?

Amara Jyothi Public School in KR Puram, Bengaluru, offers Commerce and Science streams at the Senior Secondary level. In the Commerce stream, students have the option to choose Mathematics as a subject. For detailed information on subject combinations and availability, it's advisable to contact the school directly.

The admission process for commerce courses like B Com and M Com typically requires candidates to have completed 10+2 (for B Com) or a related bachelors degree (for M Com). Admissions are often based on merit, with some colleges conducting entrance exams.

Fee structures vary by institution. For example:

Avinash College of Commerce charges 20,000 to 60,000 annually.

Government City College has a total fee of 7,385 for the B Com course.

Indian Institute of Management and Commerce (IIMC) charges 18,000 for the first year.

A V College has a fee range of 47,600 to 1,10,000

University of Hyderabad offers specific fee details on their website.

For the most accurate and updated information, it is best to check with the college directly.

Hello,

The fee structure for Class 11 Commerce in Indian schools varies based on factors like location, school type (government, private, international), and facilities provided. Here’s a general breakdown:

1. Government Schools :-

  • Admission Fee: Rs. 25 – Rs. 500 (one-time)
  • Tuition Fee: Rs. 200 – Rs. 1,500 per month (free in many government schools)
  • Other Charges (Library, Computer, Exam Fee): Rs. 500 – Rs. 2,000 annually

2. Private Schools :-

  • Admission Fee: Rs. 5,000 – Rs. 50,000 (one-time)
  • Tuition Fee: Rs. 2,000 – Rs. 15,000 per month
  • Annual Charges: Rs. 5,000 – Rs. 50,000 per year
  • Additional Fees (Lab, Sports, Transport, Books): Rs. 10,000 – Rs. 50,000 annually

3. International Schools :-

  • Admission Fee: Rs. 50,000 – Rs. 2,00,000 (one-time)
  • Tuition Fee: Rs. 50,000 – Rs. 2,00,000 per quarter
  • Additional Fees (Activities, Books, Transport): Rs. 50,000 – Rs. 1,00,000 annually

The fees depend on the school's reputation, facilities, and board affiliation.

Hope you find it useful !

Hello there,

No, you cannot take CLAT now for admission in the current year. CLAT (Common Law Admission Test) is conducted once a year , and admissions are based on that year's exam results.

Options for You:

  1. If you missed CLAT 2024 , you can apply for CLAT 2025 (exam in December 2024) for admission in 2025.

  2. Some private law colleges and universities offer direct admission or conduct their own entrance exams (like LSAT India, SLAT, etc.).

  3. State-level law entrance exams may still be open (e.g., MH CET Law, AP LAWCET, TS LAWCET).



    I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.

    Thank you and wishing you all the best for your bright future.

Hello aspirant,

Class 11 Commerce fees might differ greatly depending on the institution and its board. In India, tuition costs typically fall between 20,000 to 1,00,000 per year. Government schools are typically less expensive than private ones, especially those that are worldwide.

Thank you

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