The Benefits of Choosing a Degree in Commerce

Choosing the right career path after completing 12th standard is still one of the toughest jobs for several students. Selecting a career domain that can guarantee a promising future is all we need after completing that particular degree. Commerce is one domain where you can find various job opportunities along with definite career growth.

There are various courses for commerce students offered by universities and colleges. KK Modi University is one of the top universities offering courses in commerce. The institute provides admission to various courses including Bachelors of Commerce (B. COM), Bachelor of commerce honours, and Master of Commerce (M. COM). You can consider enrolling in KK Modi University if you wish to pursue courses after B.com. Read on to know in detail about the benefits of choosing a degree in commerce.

The Benefits of Choosing a Degree in Commerce

Right after completing 12th standard, students have to face the competitive world. Choosing the right career domain can take you to heights. If you are looking for reasons to choose commerce as your career domain then read the benefits given below.

High Employment Rate

Today almost every business or firm or company requires a commerce specialist to guide them through the best business tactics and as a result which Commerce field has great employment opportunities. Since every firm nowadays needs an accountant or commerce specialist to operate properly, students of commerce may expect to find work chances that are quite good. Students studying business have a solid grasp of how to handle a company’s finances. In this industry, there is never a scarcity of employment.

Prepared for both corporate jobs and self-employment

The Bachelor of commerce honours program prepares students for upcoming market challenges.
A student with a Commerce degree is well-equipped to succeed as an entrepreneur or an employee of a corporation. The student is capable of focusing globally, has a thorough awareness of the market-relevant parts of the business world, and knows how to adjust to changes in the flexible business world.

Several career prospects

After earning their Bachelor of Commerce, students have a wide range of employment alternatives to consider. Searching for work possibilities in the transdisciplinary areas of business might lead to some fantastic ones. The following fields provide job opportunities for students:

• Banking
• Company Secretary
• Chartered Accountancy
• Economics
• Cost Work and Accountancy
• Stock Broking
• Agricultural Economics

Various job profile options

After completing your Commerce degree, you can select your ideal work profile among the many possibilities. A master of commerce student may select from the following options:

• Finance Analyst
• Accountant
• Tax Auditor
• Finance Planner
• Portfolio Manager
• Finance Manager
• Accountant Executive
• Finance Controller
• Economist
• Investment Analyst
• Statistician
• Finance Consultant
• Cost Accountant
• Stock Broker
• Tax Consultant
• Auditor

Greater career advancement

Obtaining a graduate degree in commerce (B-Com) demonstrates tenacity, drive, intelligence, and the capacity to handle demanding environments—all traits that employers look for in candidates for manager and director roles.

If a person has demonstrated success in a long-term role that requires perseverance, self-control, leadership, and the capacity for cooperative conduct, they will be in line for development opportunities within the firm.

Handsome Salary Packages

Many commerce graduates get a respectable compensation package, with applicants’ salaries varying from department to department, thanks to the wide range of job profiles and career options available to them.

Candidates with several years of experience may be paid well. The sort of organization and position a student chooses as their career depends on the salary offered. For new hiring, it varies between Rs. 10,000 and Rs. 25,000 per month. In the firm, a CA typically earns between 5 and 10 lakhs per year.

Also Read: 9 Lucrative career options after completing B.Com

Highest-paid jobs for Commerce graduates

There are various job opportunities after completing graduation in the Commerce stream. A Bachelor of Commerce or Master of Commerce can give you a plethora of career options to choose from. One of the greatest benefits of choosing a Commerce degree is that you will have multiple options to choose your job profile. Another benefit of choosing a commerce degree is that you can go for higher studies too. KK Modi University offers various courses after Bcom that can help you uplift your career. Here are some of the most popular High paying jobs in the commerce field.

Chartered Accountants

By passing three tiers of tests, an internship, and extra certifications, students can quickly land this position and can manage the accounting and finances of the firm in this position. Moreover, one of the highest-paid professions in India is chartered accountant. Additionally, the annual remuneration for a CA ranges from 60 to 7 lakh rupees. As an accountant’s qualifications advance, their compensation too does.

Financial Planner

A financial planner’s responsibility is to allocate the company’s resources to accomplish both short- and long-term objectives. The financial planner cures a company’s financial health. For students in the commerce stream, this is one of the highest-paying occupations following the 12th grade.

Investment Banker

Students with a business background and a solid grasp of numerous financial jargon are the only ones qualified to perform this task. The complexity of numerous investment processes is easily understood by students with a background in trade.

Financial adviser, dealer, investment advisor, fundamental analyst, equity advisor, and many other positions are among the numerous stockbroker positions available. Additionally, it is among the highest-paying vocations in India.

Stock Broker

The most significant role in a company organization is held by an investment banker. As a result, it is among the greatest and highest paying employment in India.

Students in the commerce stream can advise and provide suggestions to the organization on investments and savings because they are familiar with accounting and finance. The primary responsibility of an investment banker is to support financial recommendations made by a corporation to maximize resource use.

Conclusion

After earning your degree in commerce, you can choose from the list of courses above, but you must be aware of your preferences in terms of certain disciplines. Choose a CA, CPA, or ACCA degree in accounting in your area of interest.

Alternatively, if you think finance is your thing, consider enrolling in an MBA in Finance program at a reputable university. Reflect on your life. Have some free time on hand so that you have time to consider all of your possibilities.

The KK Modi University is one of India’s top institutions for studying commerce. Please read the full post if you’re considering taking commerce courses and pursuing a profession in this area. You may get in-depth information on the advantages of pursuing a commerce degree on this page.