Best Career in Commerce
Those old days are gone, when career choices were limited to only three streams – Science, Arts and Commerce. Students now have a numerous of options to choose from. Apart from limiting your career to engineering, medicine and accountant, students can now have a vast majority of diverse fields to select as a career. If you are having subjects related to accounts, then also there are various highest paying jobs in commerce, right now. Contemporary, societal pressure is a norm, ruining your life by choosing a career in which you don’t have an interest ultimately which will never give you the satisfaction of achieving any milestone. Every day has to be an inspiring experience and for that to happen it is very important to choose a career in which you have core interest. How much will you earn? This thing is directly related to your confidence mixed with your interest that is a deadly combination which is sure to make you successful person like Mark Zuckerberg in the world.
So, if Commerce is your selected stream doesn’t buck under the societal pressure and the traditions, as there are most paying jobs in commerce also. Get a grip, look out for your own passion and do something which pushes you up. Commerce is definitely more than B.com and this is what you need to learn. Here is the list of best career in commerce stream for you all:-
In this banking sector, the candidate gets mazing salaries, job security, and high social acceptance often drive the conventional choice but jobs are secured. These days, with the series of new local/national/foreign banks job market is booming for the commerce students.
In this investment sectors, the commerce students have positions in equity research analyst, investment banker, mutual fund executive, capital market manager, asset manager, venture capitalist, and real estate.
This insurance sector has shown an exponential growth due to the liberalization policy in our country. There are massive career opportunities for the commerce students to be exploited to make a great career.
Liberalized Indian economy polies have been accepted and run by capitalists with a great deal of investment and better projects for businesses. This has definitely opens new opportunities for the commerce students to make their career.
Accounting and Taxation
Opportunities in the field of accounting and taxation will never diminish for the commerce students to make their bright future. These departments in public or private sector are growing and can meet the demand of talent. Skilled accountants are greeted warmly with open arms in all the sectors both domestic as well as the international job market.
A Company Secretary (CS) is also a good option for the students who have chosen commerce stream. CS is an important accounting designation in a company. A working job of a CS in a company is to act as a mediator between the board of directors, shareholders, government and other agencies with their company do various kinds of businesses. For this particular job the CS must has the required expertise in legal matters, securities law, capital market and corporate governance to regulate a company according to the compliance charted out.
All the students are required to successfully clear 18 papers divided into three programs to accomplish the degree to get the CS designation. For the CS, the Foundation Program has four papers and the Executive Program has six, while the Professional Program comprises of ten papers. In addition to all this a student is required to undergo 15 months of training after passing the executive or professional program.
Cost and Work Accountant
These cost and work accountant professions are mostly involved in the auditing of the companies or organization and are required to maintain cost accounting records, certify import and export documents under the Exim Policy, serve as executor, administrator, receiver and values. These are essential to any business house’s working with respect to the strategic decisions that they help in facilitating, in respect of diverse economic activities of the organization.
Cost and Management Accountants
A Cost and Management Accountant (CMAI) in any company is responsible for registering the cost of manufacturing and maintaining a book of accounting. The professional is involved in the pricing of the goods and services produced verification or certification of taxation, especially with respect to indirect taxation.
Actuaries are involved in the assessment of the financial impact of risk and uncertainty. They assess the financial security systems, and regularly monitor their complexity, the mathematics involved in the same and their mechanisms. An actuary in other words is the caretaker and onlooker of the company ensuring no mishaps or risks arrive jeopardizing the harmony of the current working conditions in the company. They use mathematics to evaluate the probability of events in order to ensure stability and minimization of financial losses associated with an event that is not only uncertain but is undesirable. Events such as death and accidents are unpredictable and risks involved in such cases are immense yet the less possible impact on the balance sheet of the company needs to be ensured and this is primarily the job of an actuary.
Certified Financial Planner
CFP or Certified Financial Planner is a certificate course for financial planners who are looking to specialize in the strategic financial planning or advisory role in the financial services industry. The certificate is conferred upon by the Certified Financial Planner Board of Standards (CFP Board) in the United States and by its affiliated body FPBS in India. CFP is a mark of excellence, recognized and respected worldwide by the financial professionals. A career in wealth management is an ideal situation for a CFP. The course trains a professional in the various aspects of personal finance like tax planning, insurance planning, estate plans. A CFP finds employment opportunities in banks, wealth management companies, insurance companies, mutual fund and other financial intermediaries. CFPs are in demand in India as we need to meet at least 50,000 financial planners, and not even 10% has been met.
So, as we have listed out the top 10 jobs related to the best career in commerce stream for you all. Now, it is your choice that in which field you want to make your career.
ALL THE BEST……..…!!!