Commerce

WHAT IS COMMERCE?

The literal meaning of Commerce is trading. All the activities that involve large-scale buying and selling of goods and services fall under Commerce as a study is a sequential pattern of how trading works. Commerce also involves managing business by various means.

Commerce involves studying business, accounting, taxation, banking, finance, Economics, Investment, Entrepreneurship, auditing, human resources, etc. It helps the individual to gain knowledge and implement the methods and techniques in the business world.

COMMERCE AS EDUCATIONAL STUDY

Commerce is a diverse field of education for students with a variety of career options. The primary educational qualification for any student who wants to study Commerce is completing class 12th with Commerce stream and relevant subjects. The choice of courses depends on whether the students choose mathematics as their main subject or not.

There are various undergraduate, postgraduate, diploma, certificate, Ph.D. courses for students in this department of study. Students can take many courses such as B.Com, BBA, BBM, CA (Chartered Accountant), CS (Company Secretary), LLB, BSc, M.Com, MBA, MSc, MPhil, etc. They can also choose different specializations in the mentioned courses according to their area of ​​interest.

Following is the list of some of the most famous Commerce specializations:

  • Accounting and Finance
  • Accounting and Taxation
  • Actuarial Science
  • Applied Economics
  • Auditing
  • Banking and Finance
  • Banking and Insurance
  • Business Administration
  • Entrepreneurship
  • Financial Accounting
  • Human Resources
  • Investment Banking

In addition, there are a variety of different degree programs that individuals can take. Every Commerce department has many divisions to choose from.

Following is the list of some of the most notable Courses:

Undergraduate

  • BCom (Bachelor of Commerce)
  • BCom (Hons)
  • BA Economics (Bachelor of Arts in Economics)
  • BA Honours
  • BBA (Bachelor of Business Administration)
  • BCA (Bachelor of Computer Applications)
  • BAF (Bachelor of accounting and finance)
  • BFM (Bachelor of financial markets)
  • BBI (Bachelors in Banking and Insurance)
  • BSc Statistics
  • Chartered Accountancy
  • Company Secretaryship
  • Mass Communication
  • BA LLB (Bachelor of Arts - Bachelor of Legislative Law)
  • BBS (BAchelors of Business Study)
  • BEd (Bachelor of Education) etc.

Postgraduate

  • MCom (Masters of Commerce)
  • MCom (Hons)
  • MA Economics (Masters of Arts in Economics)
  • MSc Economics
  • MBA (Master of Business Administration)
  • MPhil (Master of Philosophy)
  • MBE (Masters in Business Economics) etc.

There are several options for undergraduate and postgraduate Diploma courses in the same specializations.

ELIGIBILITY CRITERIA

Undergraduate

  • The students must have passed their 12th examination having Commerce stream from a recognized educational board.
  • The minimum percentage marks must be at least 50%-60%.
  • For some courses of study, it may also be essential to pass a specific entrance exam.

Postgraduate

  • The students must have a Bachelor's degree
  • The students must complete their Bachelor's in the subjects that correlate to the same subject field they want to do a Master's.
  • The provisional grades must be at least 50% -60%

SCOPE & CAREER PROSPECTS

Commerce offers a promising career to the students. Being a distinct field, it allows the students to work in various sectors of the industry. There are a tremendous number of job positions and high demand for Commerce graduates.

We have listed some of the top job profiles for the degree-holders:

  • Accounts Executive,
  • Bank Manager
  • Business Executive
  • Cashier/Teller
  • Data Analyst
  • HR Manager
  • Information Systems Manager
  • Investment Banker
  • Junior/Senior Accountant
  • Marketing Manager
  • Operations Management
  • Project Manager
  • Research and Development Manager
  • Wealth Manager etc.

There are limitless job options for the students graduating from the Commerce stream. The variety of courses helps students gain enormous knowledge and work in numerous Public, Private, and Government Sectors.

Need Help?