Unique Career Option after Class 12 for Commerce Students

Gone are the days when the chosen career path meant being a doctor, engineer or teacher. With changing times, the career opportunities have widened too. Students can now choose from a plethora of career opportunities. Through this article let us discuss the various career opportunities, apart from CA, CS and CMA, which are available to commerce students after Class 12.

Economics

If you are one of those who is keen in economics and are looking to make a career in the same field, then this one is just for you. Post class 12, you have to pursue bachelor’s – B.A/B.Sc. (H) Economics, Bachelor of Business Economics, or a major in Economics, following which you can pursue a Master’s in Economics. Professional opportunities in this field include working as an economist, statistician, strategist, risk management analyst, operations research analyst, insurance underwriter, budget analyst, etc.

Management

To go into the domain of management, you need to pursue a graduation in any field (preferably BBA/BMS), followed by an MBA.Management being a highly versatile degree, you can find various national and global opportunities in domains such as consulting, general management, human resources, marketing, sales, strategy, operations management, supply chain management, finance, etc. in various industries and sectors, such as FMCG, Retail, Education, Telecom, etc. There are also various specialised fields available, such as Sustainability Management, Sports Management, Fashion Business Management, Communications Management, etc.

Finance

You can either go for a specialised finance course (BFIA, BFM, etc.) at the undergraduate level, or pursue a more broad course, such as B.Com or BBA. At the postgraduate level, you can either go for a specialised Master’s in Finance (more suited to roles such as Wealth Management) or go for an MBA in Finance (better suited to roles such as Investment Banking, Corporate Finance). You can also pursue additional certifications in finance to boost your skill-set, such as CFA (Chartered Financial Analyst), CFP (Certified Financial Planner), FRM (Financial Risk Manager), etc.As this is a broad sector, the career opportunities can include various roles, such as Investment Banking, Financial Planning/Consulting, Financial Analyst, Corporate Finance, Private Equity and Venture Capital, Wealth Management, Risk Management, etc.

Stockbroking

A career in stockbroking can only be pursued through short-term and long-term certifications. To provide a solid foundation, however, you can pursue degrees/courses such as B.Com, BBA, CA, or MBA (Finance). You can work with brokerage firms, insurance companies, banks, investment banks, pension funds, and other financial institutions. You can also work as an independent broker as you acquire domain expertise over the years.

Finance Content Writer

A career in this field requires you to have good writing skills and also a good command of your English. A good knowledge over the subject is also required. Such a person can work as a freelancer and can also work in a firm. It is not compulsory for an individual to specifically work under someone. Such individuals mostly work as freelancers on various projects. These days all the knowledge is imparted through websites and individuals can actually work with these websites for their content on a project-to-project basis.

Finance Educator

These days there is a plethora of knowledge available on the internet. Anyone can learn from the internet and anyone can be a teacher on the internet. There are various websites that have teachers available and everyone is looking to learn from the comfort of their homes. Physical tutors have been a concept right from the past but online tutoring is relatively a new concept in the market. People are looking out for online tutors and hence the educator/tutor is a great career for individuals. There is a lot of scope into this career and it will be on an increase in the future.

The career opportunities are not restricted to the ones listed above. There are more lucrative career opportunities. Students can explore further and find the one which suits them the best.

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