Introduction CS - Chartered Secretary
B.Com – Bachelor of Commerce CMA – Cost and Management Accountant
Bachelor of Economics CFP – Certified Financial Planner
BBA - Bachelor of Business Administration Journalism and Mass Communication
LLB - Bachelor of Laws Hotel Management courses
CA – Chartered Accountancy Bachelor of Statistics
Diploma in Digital Marketing

Introduction to commerce

Commerce refers to the trading of products which have an economic value such as goods and services, information or money between two/more entities. It is a trade of exchanging of goods and services from manufacturer to consumer. But before any material to be saleable, it needs to be commercialized. Commercialization refers to transforming things into a product.

Commerce sector has grown enormously and is providing a wide range of career options. It is further growing since students are realizing the importance of Commerce and the specialization courses of commerce.

The subject knowledge of commerce helps students to understand the economic behaviour, general business functions and the fund management of any organization.


Professional courses for commerce students 

Name of the course

Duration

B.Com - Bachelor of Commerce

3 Years

B.Com – Professional

3 Years

B.Com – Office Management and Secretariat Practices

3 Years

Bachelor of Commerce

3 Years

B.Com – Foreign Trade Management

3 Years

B.Com – Accounting and Finance

3 Years

B.Com – Financial Market

3 Years

B.com – Computer Applications

3 Years

Computer Applications and E-Business - B.Com ( Hons )

3 Years

B.Com – Banking and Insurance

3 Years

B.Com – Economics

3 Years

B.Com – Financial Management

3 Years

B.Com – Computerised Accounting

3 Years

B.Com – Marketing

3 Years

B.Com – Banking Management

3 Years

B.Com ( Hons ) and Diploma in Business Management

3 Years

B.Com – Banking and Finance

3 Years

B.Com – E-commerce

3 Years

B.Com – Business Administration

3 Years

B.com – Information Technology

3 Years

B.Com – Taxation

3 Years

B.Com( Hons.) – Banking and Financial Accounting

3 Years

B.Com – Applied Economics

3 Years

B.Com( Hons.) – Office Management and Secretarial Practices

3 Years

B.Com – Insurance Management

3 Years

B.Com ( Hons.) – Company Secretary ship

3 Years

B.Com ( Hons.) – Cost and Management Accounting

3 Years

B.Com – E-commerce and Digital Marketing

3 Years

B.Com + M.Com ( Bachelor of Commerce and Master of Commerce )

5 Years

B.Com hons + MBA ( Double degree )

5 Years


List of careers in commerce stream

B.Com – Bachelor of Commerce

  • Popular course after 12th

  • Duration – 3 years

  • Level of difficulty is not high

  • Few subjects involved will be Economics, Marketing, Corporate A counting, Law, Business Environment etc.

Bachelor of Economics

  • This course gives an exposure to various economic concepts and analytical methods.

  • Good for specializing in economic sector.

  • Duration – 3 years

  • Few subjects involved in this course will be Agricultural Economics, Macro Economics, Indian Economics, International Trade, etc.

BBA - Bachelor of Business Administration

  • Another popular option after 12th

  • Duration – 3 years

  • An exposure to numerous business aspects and methods.

  • Students gain knowledge in Business and Administration.

  • Suitable for students interested in the business field.

LLB - Bachelor of Laws

  • This course has a great scope for all students.

  • Governed by BCI ( The Bar Council of India )

  • Few subjects involved in this course will be Constitutional Laws, Property Laws, Banking Laws etc.

CA – Chartered Accountancy

  • The course administrated by a professional body – The Institute of Chartered Accountants of India.

  • Level of difficulty will be high.

  • The one clearing this course will be known as CA ( Chartered Accountant )

  • Few subjects involved will be Taxation, Law, Auditing, Costing etc.

  • This course has different levels and students has to clear all the levels.

CS - Chartered Secretary

  • This sector is concentrated on Law and theoretical subjects.

  • This course is conducted by ICSI ( The Institute of Company Secretaries of India )

  • This course has different levels and the students undergoing this course will understand the functioning and legal matters of companies.

CMA – Cost and Management Accountant

  • This course is administrated by The Institute of Cost Accountants of India

  • This course has different levels.

  • Few subjects involved will be Costing, Planning, Controlling and Aspects of Management Accounting.

CFP – Certified Financial Planner

  • This course is governed by Financial Planning Standards Board India ( FPSB )

  • This course concentrates on Personal finance, Wealth Management, Insurance planning, Mutual funding etc.

Journalism and Mass Communication

  • This course concentrates on current economic trends in the country.

  • Duration – 3 years.

  • Graduates of this course can easily get jobs at numerous media houses Print as well Digital media.

Hotel Management courses

  • This course concentrates on the Hospitality sector.

  • Duration – 3 to 5 years.

  • Job opportunities are available both in Government and the private sector.

Bachelor of Statistics

  • This course concentrates on Mathematics and statistics.

  • Duration – 3 years.

  • Few subjects involved will be Probability, Statistical methods, Permutations, etc.

Diploma in Digital Marketing

  • One of the fastest growing sector.

  • It possesses individuality from traditional marketing. One can promote their brand or product using digital platforms.

  • Multiple career options are available for this sector.


Subjects involved in this field

Commerce sector is a vast field and students will get to explore a variety of areas based on the selected course

  • Finance

  • Accounting

  • Taxation

  • Law

  • Management

  • Auditing

  • Investments

  • Insurance

  • General Banking

  • Investment Banking

  • Consulting

  • Supervising

  • Decision making

  • Reporting etc

Commerce sector is divided into Commerce with Mathematics and Commerce without Mathematics:

Commerce with Mathematics

Commerce without Mathematics

Accountancy, Business Studies, Economics, and Mathematics

Accountancy, Business Studies, Economics and Computer Science or Political Science, Hindi, Sociology or any other course other than Mathematics


Top commerce colleges in India

  • Shri Ram college of Commerce – Delhi

  • Hindu College – Sonepat

  • Delhi Lady Shri Ram College for Women

  • Hans Raj College – Delhi

  • Christ University – Bangalore

  • Loyola College – Chennai

  • Kirori Mai College – Delhi

  • Madras Christian College – Chennai

  • Joseph’s College of Commerce – Bangalore

  • Mithibai College – Mumbai


Career options and sectors providing job opportunities

Career options:

  • Accountant

  • Accountant Executive

  • Chartered Secretary

  • Chartered Accountant

  • Cost Accountant

  • Finance Manager

  • Finance Analyst

  • Finance Planner

  • Finance Controller

  • Finance Consultant

  • Stock Broker

  • Investment Analyst

  • Portfolio Manager

  • Tax Consultant

  • Tax Auditor

  • Auditor

  • Economist

  • Statistician

Sectors providing the job opportunities:

  • Public Organisations

  • Small Business firms

  • Big Business firms

  • Banks

  • Finance and Leasing

  • MNCs ( Multinational Corporation )

  • TNCs ( Trade Negotiation Committee )

  • BPOs ( Business process outsourcing )

  • KPOs ( Knowledge process outsourcing )

  • Software Industry, etc.



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