Table of Contents Why should we take the career option as “Commerce” in 2022?What is e-commerce?Scope of e-commerce in India:-Who has more scope as an engineering or commerce student in India in 2022?-Top 10 Career Options for Commerce students after +2 in 2022.1. Chartered Accountancy:- 2. Company Secretary:-3. Cost Accountant:-4. Financial Analysis:-5. Bachelor in Business Administration (BBA):-6. Journalism & mass communications:-7. Investment Banker:-8. B.com. Tourism &Travel Management:-9. B.com (Hons):-10. Digital Marketing:-Others Career after +2 Commerce are as follows:-The most reliable Tax consultant & Accounts service provider in Bhubaneswar-Odisha:Please Like, comment & subscribe my Article.For more Articles clease click here:https://odiyadigitalworld.com/Share this articleWhy should we take the career option as “Commerce” in 2022?The commerce course in India opens a lot of options for career opportunities in India for commerce students. It opened a mass opening in India in 2022 in several fields (i.e.) Banking, Insurance, Accounting, and Charted accountant, Cost accountant, financial analysis, Company secretary, Business Executives, manager, Data Analysis, Marketing Manager, Investment Banker, Project Manager &Business Development Manager. But a very strong portfolio of commerce students is to learn about the intricacies of business, and ways of doing “Business and entrepreneurship” in INDIA.What is e-commerce?There is a lot of scope for commerce students in India in 2022. E-commerce means buying, selling, marketing, servicing delivery and payment of products, services and information over the internet and other networks. It enables the trading of goods, money and information electronically from computer to computer. Businesses are done electronically and there is no longer a need for physical currency or goods to conduct business. Scope of e-commerce in India:-LThe potential for e-commerce development is enormous in India. Nowadays one can buy any products online through e-commerce sites like Amazon, Flipkart, and Zamoto. In the e-commerce era in India, the consumer can get gym equipment for food items and laptops that are available online.E-commerce includes E-trading-franchising, E-mailing, E-engineering etc. Who has more scope as an engineering or commerce student in India in 2022?-According to a survey by NASSCOM in 2019, India produces 15lakh engineering graduates every year, but only 2.5 lakh of them succeed in getting a job in core engineering industry. In another aspiring the committee said that, 80% of Indian engineers are not fit for the job. According to a media report said that, in 2017, 51% of undergraduate engineers’ seats were left vacant. in engineering colleges in India. In Odisha & West Bengal only 50% capacity of engineering colleges fill up due to the non-demand for engineering. According to a new report by FIS-India’s e-commerce market continues its rapid expansion and is forecast to increase 96 per cent between 2021-2025 to $120 Billion (USD). The growth is driven by mobile shopping, which is projected to grow by 21% annually over the next four years, with the market forecast to increase by 84% by 2024 to $111Billion ( USD).Top 10 Career Options for Commerce students after +2 in 2022.1. Chartered Accountancy 2. Company Secretary 3. Cost Accountant 4. Financial Analysis 5. Bachelor of Business Administration (BBA) 6. Journalism & Mass communications. 7. Investment Banker 8. Bcom.Tourism & Travel Management 9. B.com (Hons) 10. Digital Marketing.1. Chartered Accountancy:- CA (Charted Accountant) is one of the most respectful and challenging careers at commerce.CA and is a good option for higher education in India. Charted accountancy was established in 1854 in Britain. It is the core activity of the business. In India, the CA course is conducted by the ICAI (Indian Chartered Accountants Institute).The students who have cleared their +2 examination can go for the foundation level test conducted by ICAI. 1. Common Proficiency Test (CPT); – CPT is the entry-level or foundation test for the Charted Accountancy course. You can apply for CPT after completion of the Class 10 Board examination. 2. Integrated Professional Competence course (IPCC):-For the IPCC or the Intermediate level test of the CA exam, there is a total of 7 subjects which are divided into two groups. Group 1 is (4subjects).Group 2(3 subjects). You are required to score at least 40 marks in each subject. 3. Final Course (FC):-the final level of the CA exam consists of 2 groups with 8 papers to be cleared. Candidates who clear both groups of the CA Intermediate course (IPCC) are given 2.5 years minimum of practical training and are required to complete. Famous-chartered-accountants-indiaAICITSS (Advanced Integrated Course onInformation Technology and Soft Skills) before registering for the CAfinal exam, the candidate needs to clear that both groups are at theIntermediate level. Job Salary:- The Charted Accountant’s salary for an International Postingis between Rs9-18 Lakh pa. and the public sector could pay Rs. 10-20 Lakh.Indian Business giants offer between Rs.6-9 Lakh per annum.2. Company Secretary:-The company secretary (CS) is one of the Principal Posts in a company. A citified Company Secretary handles the legal aspects of a business enterprise. A commerce student can join in CS after completion of +2. CS is responsible for maintaining and auditing the company’s tax returns, keeping records, and advising the board of directors regarding the financial health of the company. The Institute of Company Secretary (ICSI) is constituted in 1980 and conducted by CS., which is controlled by the Ministry of Corporate Affairs and the Government of India. Students, who have completed 10+ 2commerce, are eligible to pursue this course. The Company Secretary’s course duration can go 3 to 5 years depending on the time taken by the students to clear their exams. The first step is the CSEET exam which will be conducted four times a year. Company Secretary course in India -CSCS Executive and CS Professionals exams were conducted twice a year in June & December. Since the decades of globalization, which began in1991, both the Indian economy and corporate sector had major impacts on job growth in the legal, finance, accounting, secretarial and administrative sectors. Job & salary:-If the candidate completes the CS with a Law degree course, he can get a job in central government and state government as the Company secretary. Qualified CS get jobs in Private, Public and foreign companies. There are some of the big organizations that use CS in BPO Airport Authority of India, Bharat earthmovers, ONGC, BHEL, SAIL, PSU& Stock exchanges.3. Cost Accountant:-A career as a Cost Accountant is expected to witness a massive rise between 2018-2028. According to the IBEF, the job opportunity as a Cost Accountant will grow by 6% producing 90,000 jobs in India. A commerce student can join in CMA after completion+2 in India. They have a starting salary that is offered to Cost Accountants all across the globe amount is 40Lacs.There are 3 levels of this course: CMA Foundation, CMA Intermediate, and CMA Finals. The duration of this course is 8 months to 18 months. CMA is the most commonly chosen course to become a cost accountant. It has been established that a Cost Accountant certified candidate gets 30% more salary than a non Accountant certified candidate. Which Career is best for You-CA, CS & CMAThe Institute of cost & works Accountants of India (ICWAI) changed their identity into the Institute of Cost Management Accountants of India (ICMAI).The ICWA course has been renamed the CMA Course. Job & Salary:-The eligibility criteria are +2 Pass in any stream (Except Arts).AverageStartingSalaryisRS4,00,000TORs.50,00,000.After completion of the CMA course, job offers in Business Firms, Banking and Financial Sector, Central & State Government & PSU.4. Financial Analysis:-Financial Analyst analyzes the company’s financial data and use their findings to help companies and individuals make investment-related decisions. They assess thecompany’s performancebasedondifferent financialparameters and advice corporate and individuals to buy or sell stocks, bonds and other investments. Group of multiracial financial analysts sitting together at office desk and examining graphs and charts on computer monitor. People cooperating for common success. Technology concept.There are four ways to become a Financial Analyst in India. 1. After completion of +2 in commerce, then complete B.com-Finance and further proceed to Chartered Financial Analyst (CFA). 2. After completion of +2 commerce, then complete BBA-Finance. Further, proceed to Charted Financial Analyst (CFA). 3. After the completion of +2commerce, then complete BBA-Finance. Further, proceed to MBA-Finance. 4. After completion of +2 commerce, then complete CA. Further, you can proceed to CFA. Jobs & Salary:-Given value of their role, financial analysts can be employed by large Corporations such as Investment Banks, Insurance companies, Mutual funds, Pension funds, Securities firms, Private equity groups, venture capital firms, government agencies and similar other types of organizations. Employment of Financial analysis is projected to grow 6% from 2020 to 2030. About 41000 openings for financial analysts are projected each year. Salary levels are high for Financial Analysts. For freshers, the salary is more than. 5Lacs to Rs. 10 Lacs. Per annum.5. Bachelor in Business Administration (BBA):-BBA is one of the most popular sought-after bachelor’s degree programs pursued by students after +2 Commerce. The BBA course is the gateway to plenty of job opportunities in numerous sectors such as Sales, Marketing, Education, Finance and Sales. BBAisathree yearsprofessionalundergraduatecourseinBusinessManagement. Bachelor of Business Administration (BBA), awarded to colleges and universities after completion of undergraduate studies by colleges and universities. Universities and colleges usually include advanced courses in accounting, economics and finance. BBA-Course- after completion of +2 commerce in India.Job & Salary:-A BBA degree offers job opportunities such as Accounts Manager, Budget, Management analysis, Procurement officer, Financial analysis, Marketing Manager and many more. BBA graduates start at an average salary of Rs30,000 to Rs50,000 per month salary in India. 6. Journalism & mass communications:-BJMC (Bachelor of Journalism and Communication) is a three Year Duration: Undergraduate degree course for candidates who wish to build their career in the field of Journalism and mass communication. A commerce student in this course after completion of +2. Career opportunities for students in the field of Mass communications are in very high demand in India. After successful completion of the course of BJMC, you can choose to work for news channels, newspapers, publishing houses, television, radio, internet etc. To enter into the BJMC course the candidate should pass+2theexamination ofanystream. Journalism & Mass communication is very important nowadays. Mass communication aims at persuading people to bring change in their beliefs, opinions, attitudes and thinking on several issues like smoking, voting, religion, convictions, donations, dowery, culture etc. Moreover, business enterprises design various advertisements to persuade potential customers. Journalism & Mass communication students in IndiaJob & Salary:-Journalism is important because it gives current and relevant information and news to the public. The most popular job roles apt for BJMC candidates are Correspondent, Reporter, Copywriter, Creative Director, Editor, Public relations officer, Anchor Radio Jockey etc.The average salary of Journalism & Mass communication employee get average Rs.4 Lacs to Rs. 8Lacs per annum. 7. Investment Banker:-The investment banking course studies financial markets, stock evaluation, and financial capital and prepares candidates for risk management. The course can be pursued at the Certificate level, Diploma, UG, PG courses. The required eligibility to Pursue Investment Banking Courses is that students have to clear 10+2 from a recognized board and have UG and PG courses. In order to pursue Investment Banking Courses students can opt for various Management Entrance examinations such as CAT, XAT, MAT, SNAP etc. Apart from the regular Undergraduate and Post Graduate Management courses, students can also choose to pursue several Diploma and Certificate courses which usually grant admission to students on a merit basis. Investment banking course studies show professionals can help companies, organizations and clients manage to grow their financial assets. WHY WE SHOULD CHOOSE AS INVESTMENT BANKER AFTER +2 COMMERCE.Jobs & Salary:-After completion of this course, there is good scope for the graduates with experience as an intern in CA firms, Private firms, International Banks, MNCs; Universities etc.The average salary package of an Investment Banker is 6Lac to 12 Lac per annum. 8. B.com. Tourism &Travel Management:-B. CommTourism and Travel Management eligibility is students must have cleared their 10+2 class from a recognized board with any core subjects. The marks obtained in the 10+2 should be at least 55%. B.com Tourism and Travel Management is a three-year full-time undergraduate degree course designed to focus on the financial and economic management of the travel and tourism industry. Job & Salary:-B.com Travel and Tourism Management Career options and job prospects are in Founded in Tourism companies, NGOs, Coaching centers, Banks & Financial Institutions, Tourism Promotion offices, Hospital Industry, Tour operators and Travel Agencies, immigration, airline, hotels etc.The national average salary for travel and tourism is Rs.25000 to Rs60,000 Per month. 9. B.com (Hons):-Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.B.com (Hons) course syllabus revolves around commerce-related subjects such as business studies, management, economics, finance, taxation insurance accountancy, business law budget etc. The basic eligibility criteria for B.com honors admission as follows –Minimum of 45% or equivalent in high school (Class10+2) with commerce subjects such as Maths, Accountancy, Business Studies and other subjects. B.com (Hons) is a 3 year bachelor’s course which is a must pursue a graduate course in the field of commerce, covering subjects such as Accounting, Taxation, Economics and Financial Management. The opportunities are huge in both private and government sectors across sectors such as finance, economics, banks, and corporate. However, the majority of students would like to pursue either M.COM, CA, CFA, CMA etc. Job & Salary:-After completing this course of 3 years duration, students are hired by the top companies in various fields such as financial consultants, industrial houses, foreign trade, tax departments, auditing, business consultants marketing etc. 10. Digital Marketing:-To take up a digital marketing certificate or course, you need to have completed your graduation (10+2+3) or equivalent from a recognized university. The digital marketing courses are Executive skills, Introduction to Digital Marketing, Search Engine Optimization, Website Planning and creation, Social Media Marketing, Content Marketing and Web Analysis. The DMCA-certified course duration is three months. Digital Marketing Course Duration may also vary from 3 to 6 months depending on online certification courses. Digital-Marketing course in India after +2 commerce.Job & Salary:-Top industries are using Digital Marketing platforms to grow theirbusiness(i.e)Health,OnlineEducation,OnlineFoodIndustry,Entertainment, Movie & Fitness etc. The average salary of a marketing executive starting at 2LPA goes up to 6LPA as per your experience. Whereas the salary of a Digital Marketing Analyst receives a package from 3.6Lacs to Rs10 Lacs.Others Career after +2 Commerce are as follows:-1. BBA in Management Accounting:- BBA Management Accounting is a 3 year full time academic course in the field of commerce. It is an undergraduate course spread over 6 semesters. Students who pursue this course basically collect and present economic information of an organization, so that they can forecast, plan and make effective decisions for future financial activities. 2. B.com-Computer Applications:- Bachelor of Commerce (B.com) in Computer Applications is generally a 3 year academic course. Students can pursue this course full time as well as part time mode. This undergraduate academic degree combines both commerce and computer applications. 3. B.com LLB (Hons.):- B.com LLB (Hons) is an integrated law course that can be pursued after completing of +2 commerce. It is an undergraduate program me having a duration of 5 years which is further divided into 10 semesters. It is an ideal course for candidates who aspire to pursue their career in Law. 4. BBA-Accounting & Finance:- Bachelor of Business Administration or BBA in Accounting and Finance is a popular course that enables students to pursue a career in financial services and accounting .It is a 3 year full time undergraduate course in the field of management. During the course, students not only learn about accounts and finance but also build their managerial skills. 5. BBA-Accounting & Taxation:- Bachelor of Business Administration or BBA in Accounting and Taxation is an undergraduate course specially designed for commerce students. This course equips students with basic knowledge of taxation and accounting. The course duration is 3 years. This course builds managerial skills in students. 6. BBA-Banking & Insurance:- BBA in Banking and Insurance is a 3 year full time undergraduate program me consisting of 6 semesters in India. The study of this course includes the concepts used in banking and insurance sector. The course covers concepts of management along with banking and insurance studies. 7. CFP-Certified Financial Planner:- Financial planning certification helps the candidates to gain expertise in financial planning. Certified financial planners apply their financial planning knowledge to clients’ situations and help them to take the efficient decision in financial planning . 8. BBA – in Financial Markets:- B.COM (Financial Market) is an undergraduate course specially designed to provide theoretical and practical training in the fundamental areas of the financial market. It is a 3 year full time academic course which is further divided into 6 semesters. This course includes the study of financial assets, debt and equity market, financial management and foreign exchange market. 9. BBA – in Banking:- BBA in Banking is a 3 year course. This course aims at imparting indepth knowledge of the fundamentals of banking. Each academic year consists of 2 semesters where each semester lasts for a period of 6 months .It is a popular undergraduate course for +2 commerce students in India. 10. B.COM in Management Accounting:- BBA in Management Accounting is a 3 year full time academic course in the field of commerce. It is an undergraduate course spread over 6 semesters. Students who pursue basically collect and present economic information of an organization , so that they can forecast plans to make effective decisions regarding financial activities. In this course, the students can obtain after completion of +2 commerce in India. My Conclusion:-The future scope of Commerce is bright and the commerce stream jobs have the ability to provide high salary if you choose the best career in Commerce in 2022.Due to the recent policies of the Indian government, the commerce sector is growing at an unbelievably fast pace. Career options for commerce students include those in accounting, auditing, finance and banking sector as well as Government sector opportunities like IRS, IAS, & IFS. The most reliable Tax consultant & Accounts service provider in Bhubaneswar-Odisha: AJAY TAX CONSULTANT & ACCOUNTS SERVICE PROVIDER -BHUBANESWARYou May Like My More ARTICLES:-1.https://odiyadigitalworld.com/top-20-creative-ways-to-make-money-at-home-in-2022/2.https://odiyadigitalworld.com/what-is-the-scope-of-commerce-education-in-india/3.https://odiyadigitalworld.com/top-10-e-learning-companies-in-india-2022/(opens in a new tab)(opens in a new tab)(opens in a new tab)Please Like, comment & subscribe my Article.For more Articles clease click here:https://odiyadigitalworld.com/ Share this article Post navigationTop 20 Creative Ways How to Make Money on line in India-2023.
