List of Courses for Commerce Students

List of Courses for Commerce Students

Commerce is a growing field and trade happens on a daily basis which makes commerce's survival essential. Read on to find out more about commerce courses and colleges.

Here is a List of Contents, choose the topic to jump directly to that section.

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.

List of Courses for Commerce Students

As mentioned earlier, Commerce and Business are fast-growing sectors. There are many courses related to Commerce that students are willing to take up. Here are some Major Courses in Commerce:

B.Com - Bachelor of Commerce

Bachelor of Commerce is one of the popular courses for commerce students after Class 12. With a duration of 3 years, this degree's Level of difficulty is not as high as compared to other options like CA, CFP. Some of the subjects involved in the degree will be Economics, Marketing, Corporate Accounting, Law, Business Environment etc.

Types of Courses in B.Com Degree:

Types of Commerce Courses
Types of Courses
B.Com - Professional B.Com - Computer Applications B.Com - Banking & Finance
B.Com - Office Management & Secretarial Practices B.Com - Banking and Insurance B.Com - E-Commerce
B.Com - Foreign Trade Management B.Com - Financial Management B.Com - Business Administration
B.Com - Accounting & Finance B.Com - Computerized Accounting B.Com - Taxation
B.Com - Financial Markets B.Com - Marketing B.Com - Company Secretaryship

Bachelor of Arts - Economics

BA (Economics) is an undergraduate degree which gives exposure to various economic concepts and analytical methods. This degree is good for specializing in the economic sector. The duration of this degree is 3 years. There are few subjects involved in this course such as Agricultural Economics, Macro Economics, Indian Economics, International Trade, etc.

BBA - Bachelor of Business Administration

Bachelor of Business Administration is one of the popular courses for commerce students after 12th. It provides exposure to numerous business aspects and methods and students gain knowledge in Business and Administration. Thus, it is suitable for students who are interested in the business field.

LLB - Bachelor of Law

Bachelor of Law (LLB) degree has great scope for all students who want to pursue Law as a Career option. Some Commerce students like to pursue this course to study Business Law. Lawyers and Legal Practices are Governed by BCI (Bar Council of India). Some of the subjects involved in this course will be Constitutional Laws, Property Laws, Banking Laws etc.

CA - Chartered Accountancy

Chartered Accountancy is the course studied by Commerce, Finance students to gain the title Chartered Accountant which is recognized throughout the world by many companies for their strong accounting skills. The course administrated by a professional body – The Institute of Chartered Accountants of India. Level of difficulty for this course is high. The one who clears this course will be known as CA (Chartered Accountant). Some of the 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 course concentrates on Law and theoretical subjects and students take up this course to become chartered secretaries in companies where they handle Legal and Financial issues. The Chartered Secretary course is conducted by The Institute of Company Secretaries of India (ICSI). 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

Cost and Management Accountants are people who determine the cost of projects, products, business processes so that they reflect perfectly on the financial reports. This course is administrated by The Institute of Cost Accountants of India (ICAI). This course has many different levels and students have to pass all levels to successfully complete the course. Some of the subjects that are involved in this course are Costing, Planning, Controlling and Aspects of Management Accounting.

CFP - Certified Financial Planner

Certified Financial Planner course concentrates on Personal Finance, Wealth Management, Insurance planning, Mutual funding etc. This course is governed by the Financial Planning Standards Board India (FPSB). Students do this course to get placed in top financial institutions like international banks, investment banks and insurance companies.

Journalism and Mass Communication

Journalism and Mass Communication courses teach students how information is broadcast to a wide range of people through mass media and it also conveys current economic trends in a country to many people, so commerce students can also opt for this option. The duration for a UG degree like a BA in Journalism and Mass Communication or B.Sc Visual Communication is 3 years. Graduates of this course can easily get jobs at numerous media houses Print as well as Digital media.

Hotel Management Courses

Hotel Management Courses provide students with knowledge on how the hospitality and travel industry works and what are different departments that are concerned with different functions and this course concentrates on the Hospitality sector. The time period that is taken to complete these courses vary between 3 to 5 years depending on the course taken. Job opportunities are available both in the Government Hospitality Sector and also in Private Hospitality Sectors.

B.Sc - Statistics (Bachelor of Science)

B.Sc Statistics degree is done by students who want to work as Statisticians, Data Analysts, Risk Analysts etc., The B.Sc Degree concentrates on Mathematics and Statistics primarily. The duration of this UG degree is 3 years. Some of the subjects involved are Probability, Statistical methods, Permutations, etc.,

Subjects in Commerce

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

Subjects in Commerce
Subjects in Commerce
Finance Auditing Investment Banking
Accounting Investments Consulting
Law Insurance Taxation
Management General Banking Supervising

Top Commerce Colleges in India

  • Shri Ram College of Commerce, Delhi
  • Hindu College, Sonepat
  • Lady Shri Ram College for Women, Delhi
  • 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

Careers in Commerce after Graduation

Career Options:

Accounting

Accounting jobs have various levels starting from Entry level to Executive. Accounting is a crucial part of the business and plays an important role in a company since it is essential for managing payroll, auditing and financial management as a whole. There are always different requirements for companies, so the demand for accountants will always be existent. Students can find jobs in public, private and/or non-profit organizations.

Important Job Roles in Accounting:

  • Accountant
  • Chartered Accountant
  • Cost Accountant

Finance

There are massive opportunities for students who aspire to get into the finance sector. Finance Professionals are not only responsible for managing the financial assets of the company but also make decisions regarding investment, profit-sharing, and Mergers & Acquisitions.

Important Job Roles in Finance:

  • Finance Analyst
  • Stock Broker
  • Investment Banker
  • Portfolio Manager

Legal:

Law jobs will always be in high demand and they can turn into high paying careers as candidates gain experience. Lawyers can work in Courts, handle legal disputes for companies, work for Law firms. There are various Specializations that lawyers can take up such as Criminal, Labour, Corporate, consumer and so on.

Important Job Roles in Law:

  • Chartered Secretary
  • Criminal Lawyer

Taxation

Taxation refers to the tax that has been levied on people and fields related to taxation will always be in high demand. Professionals related to taxation calculate how much money is spent on taxes, how to control money flow, and devise strategies for tax savings. 

Some important roles in Taxation Industry:

  • Tax Consultant
  • Tax Auditor
  • Auditor

Statistics/Economics:

Statistics/Economics fields are in ever-increasing demand and new job roles are being defined on a daily basis. Professionals related to these fields help companies realize new trends and help understand the patterns behind data.

Some important roles in Statistics/Economics:

  • Economist
  • Statistician

Sectors providing 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


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