Lucrative career options in commerce with maths background students are Chartered Accountant, Investment Banking, Financial Analyst which offers valuable insights and career growth.
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Career options in commerce with maths include Chartered Accountant (CA), Financial Analyst, Actuary, Investment Banking, and Management Consultant, and they offer high-income and career growth opportunities.
Many provide in duals to work directly with organizations and strategically plan and customize their financial assessment and policy.
Top 10 Career Options In Commerce With Maths
There is a tabulation of the most lucrative career options in commerce with maths background students with the range of the average salary package:
| S.No. | Career Options | Average Salary |
| 1. | Chartered Accountant (CA) | ₹8-10 Lakhs per annum |
| 2. | Management Consultant | ₹7-9 Lakhs per annum |
| 3. | Actuary | ₹12-15 lakhs per annum |
| 4. | Investment Banker | ₹10-12 Lakhs per annum |
| 5. | Financial Analyst | ₹12-15 Lakhs per annum |
| 6. | Data Analyst | ₹15 lakhs per annum |
| 7. | Financial Planner | ₹8-10 lakhs per annum |
| 8. | Market Research Analyst | ₹18-20 Lakhs per annum |
| 9. | Research Analyst | ₹25 Lakhs per annum |
| 10. | Stock Broker | ₹8-9 lakhs per annum |
1. Chartered Accountant (CA)
Chartered Accountants (CAs) are experts who provide consulting services to organizations and cover their financial management, audit, and taxation services. They have expert knowledge about tax legislation, accounting, and finance.
Stages of CA course:
- Foundation Course
- Intermediate Course
- Articles/Training
- CA Intermediate Examination
- Final Course
- CA Final Examination
- Membership
Qualification: To enrol in the CA Foundation course, candidates must have an intermediate degree and completion of an undergraduate degree in either commerce stream with 55 per cent.
Duration: 3 to 5 years, depending on the candidate's examination performance.
2. Management Consultant
Management consultants another career option in commerce with maths that offers firms strategic counsel and evaluation to assist businesses in overcoming difficult financial situations, increase profitability, and improve overall performance.
Management consultation is a career option in commerce with maths that engages with companies from various industries to identify financial issues and create solutions for growth and success.
Eligibility Criteria: Candidate must possess a bachelor's degree in finance, accounting, economics, business, or equivalent.
Candidates must possess strong data analytical skills and problem-solving abilities.
3. Actuary
Using mathematical and statistical methods, an actuary analyzes financial risk and probability for various businesses, primarily insurance and pensions. Actuaries evaluate prospective risks and their economic effects and assist organizations in making decisions that will effectively manage and reduce risks.
Eligibility Criteria: Candidate must possess a bachelor's degree in finance, accounting, economics, business, or equivalent.
A solid conceptual knowledge of mathematics, statistics, economics, and finance is essential.
4. Investment Banker
Investment banking is a branch of finance that aids in merger and acquisition (M&A) transactions, offers financial advising services, and aids businesses in raising their assets and funds.
Investment bankers are essential in conducting financial transactions, linking businesses with investors, and offering strategic advice.
Eligibility Criteria: Candidate must possess a bachelor's degree in finance, accounting, economics, business, or equivalent.
- Candidates must possess strong analytical skills, financial modelling proficiency, and knowledge of financial markets are crucial.
5. Financial Analyst
Financial analysts are one of the career options in commerce with maths being the ones who examine financial information and investment opportunities to offer expert opinions on various financial matters.
They assist organizations and businesses in making mindful and profitable decisions about investments, risk management analysis, and financial planning.
Eligibility Criteria: Candidate must possess a bachelor's degree in finance, accounting, economics, business, or equivalent.
- Strong analytical skills, quantitative proficiency, and deep financial knowledge are crucial.
- To uplift the career options in commerce with maths, numerous certifications courses like certifications such as CFA or Financial Risk Manager (FRM) can be considered.
6. Data Analyst
Data analysis is another career option in commerce with maths that collects data from surveys and processes and analyzes data to derive valuable insights and conclusions to guide decision-making.
Eligibility Criteria: Candidate must possess a bachelor's degree in finance, accounting, economics, business, or equivalent.
- Candidates must have proficiency in data analysis tools and software and expert knowledge in programming languages.
- They must have strong analytical and problem-solving skills.
7. Financial Planner
Financial planners a promising career option in commerce with maths are experts who give organizations and individuals personalized counsel to assist them in targeting their financial objectives and safeguarding the economic future.
They evaluate a client's financial status, create thorough financial plans, and make recommendations for things like investments, retirement planning, insurance, tax strategies, and more.
Eligibility Criteria: Candidate must possess a bachelor's degree in finance, accounting, economics, business, or equivalent.
- Financial Planners also have certifications like Certified Financial Planner (CFP) to enhance their expertise.
8. Market Research Analyst
Market research analysts are specialists who collect and examine information on consumer choices, preferences, and current market trends and assess the organization's competitive environments to plan accordingly.
They also play a crucial job in assisting businesses with strategies to make market plans.
Eligibility Criteria: Candidate must possess a bachelor's degree in finance, accounting, economics, business, or equivalent.
In addition to possessing strong data interpretation and analytical skills, the candidate will be beneficial.
9. Research Analyst
A research analyst is a specialist who gathers date, examines and evaluates to build the strategy and influence the decision-making in an organisation. They have expertise in various fields including finance, market research, and healthcare.
Eligibility Criteria: The candidate must possess a bachelor's degree in economics, statistics and business.
- Must possess effective analytical skills and proficiency in statistical analysis.
- Must have the ability to interpret both quantitative and qualitative data.
- Proficient communication skills for presenting data and collaborating with teams.
10. Stock Broker
A stock broker is an expert who makes it easier for investors to buy and sell assets and related financial decisions, such as stocks and bonds.
Stock brokers assist their clients in predicting the financial markets and help in making profitable decisions for brokerage firms.
Eligibility Criteria: Candidates must possess a bachelor's degree in finance, economics, business, or a related field.
- Must possess a strong understanding of financial markets, investment products, and trading strategies.
- Analytical skills for evaluating market trends.
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