What Are The Best Career Options For Commerce Students?

The future for commerce students is bright and flourishing because there are many highly-paid jobs available to these students. From sales to business development, commerce students learn the foundations behind a lot of principles that can bag them a high-paying job. If you are interested in pursuing commerce, it is a good idea to visit a guidance counsellor to check the scope of the subject when it comes to jobs. If you have an idea of what you want to pursue professionally after studying commerce, the field can bring you many prospects. Today, we will discuss the best career options for commerce students and the pathway to these careers.

Some of the best career options after commerce require experience and skills you will have to develop. Courses related to accounting, finance, business studies, and so on can be beneficial in building these skills.

Why Do Most Students Pursue B.Com After Graduating High School?

This degree (Bachelor of Commerce) offers a customary understanding of the key aspects required in commerce. These include Accountancy, Management, Finance, Statistics, and so on. B.Com is one of the best professional courses available if you want to pursue a career in commerce-related fields such as business development, sales, and so on.

B.Com as a course offers insight into various aspects of commerce, which can point to the best career options for commerce students. The course in itself is not very tough, which allows students to remain flexible and opt for a variety of side courses to build their skills. In addition to this, they can also apply to internships to gather valuable work experience. Therefore, for people who are still at the crossroads after completing commerce in high school, B.Com can be a good way to choose which career they would like to go into.

Discover the essential components of a comprehensive job description for an accounting clerk, ensuring you have all the necessary information to excel in this role.

What Are Some Of The Best Career Options For Commerce Students?

Let us now move on to some of the best career options after commerce. There are many top jobs available for commerce students across different fields. Although most commerce students go into fields such as finance or business, there are many other options available to them.

Law

Pursuing a career in law does not require any specific educational background. Many commerce students go into law, especially corporate law, where they can use their skills learned in commerce. Law is among the top jobs for commerce students since it does not have a hard-set educational background. Commerce student can try their hand at LLB if they feel they have what it takes to become a lawyer or an attorney.

Countered Accountancy

This is one of the best job-oriented courses after B.Com. becoming a chartered accountant is one of the best career options for commerce students. This is a professional course comprising various levels. The difficulty of this course is comparatively much higher than that of B.Com, but it also yields better results than many other courses that commerce students opt for. Some of the important subjects included in this course are Financial Accounting, Cost Accounting, Auditing and Assurance, Tax advisor, Business Laws, Ethics, and so on.

Company Secretary

This is another highly prospective course that commerce students are drawn to. Students who incline toward theoretical studies can choose this course. It offers one of the best career options for commerce students. Students can also pursue this after doing their Bachelor in Commerce since this is one of the high-paying jobs after B.Com. this course involves an understanding of the legal principles of a company and can land students into upper-management levels in the corporate sector.

Marketing Management

In today’s world, a marketing manager is one of the most sought-after jobs in the private sector. For commerce students who have a basic understanding of marketing and finance, this can be the best career in commerce field. Marketing managers organize, promote, and handle all marketing-related functions in a company. They use advertising and sales strategies to improve the market presence of their company and bring in profits. This is one of the best career options for commerce students. A certification in marketing can be enough to land a job in this field. However, some first-hand experience will also be very useful.

Investment Banking

This is one of the best-paying jobs in the whole world. Commerce students have an edge when it comes to this since they are taught the basic principles behind investment banking. An investment banker works in close association with financial institutions and increases their capital. They act as financial advisors to various organizations and give them tips on maximizing their returns and making financial goals.

This is one of the best career options for commerce students since they are taught the principles of accountancy and finance. Someone with a B.Com background can choose to go into this field. Check out our list of the highest paying bank jobs and learn how to land your dream career in finance.

Research Analytics

One of the high-paying jobs after B.Com is becoming a research analyst. This involves understanding market mechanisms, consumer behaviour, and sales patterns, and providing insights to companies regarding their investments and returns. Research analysts are highly in demand across many industries. This is one of the best career options for commerce students, especially those who have completed their BBA or have pursued finance. A degree in data science can be beneficial if you want to become a research analyst.

Management Analytics

A management consultant or analyst works across different industries and companies and strives to improve the work efficiency of various departments in the company. he/she is required to collect all relevant data regarding the working of the departments and suggest methods to improve work efficiency to meet organizational objectives. Management consultancy is one of the best career options for commerce students since it involves a good understanding of accountancy, finance, and business management. Management consultants are in high demand across many industries and companies.

Sales Management

Although sales management does not require a specific educational background, candidates who understand business aspects such as accountancy, finance, budgeting, and so on, are preferred when it comes to sales. Sales managers are required to strategize and organize sales plans and maintain a strong consumer satisfaction level. A sales manager also trains sales representatives, recruits additional people, and equips them with the necessary knowledge to improve the company’s ROI and bring in more profits.

Sales management is one of the best career options for commerce students who incline toward sales in general. If you're considering a career in sales management, it's important to know the average salary of sales manager.

Product Management

A product manager is one of the most sought-after roles in today’s corporate market. With the improvement in innovation, all companies are trying to reach a greater target audience and maximize profits. A product manager is integral to the product-building process, right from the conceptualization of the design to the final product. This involves a lot of creative proficiency as well as a knack for numbers, which makes it one of the best career options for commerce students.

Entrepreneurship

An entrepreneur launches and manages a business along with taking all responsibility for it. If you have a creative bent of mind along with a product idea that can bring in a sustainable source of revenue, this is the right job for you. Commerce students have an edge here since they know the fundamentals of accountancy, budgeting, finance, and business administration. These skills are essential for any entrepreneur. The start-up culture today was started by aspiring entrepreneurs who devoted their time to perfecting a product and selling it to a wide audience. A number of these people have commerce backgrounds.

You can raise investments from investors interested in your product, so you don’t have to provide all the funding for the product on your own. Entrepreneurship is something you can approach with any educational background. However, when you are familiar with business principles (which commerce students are), you can go quite far ahead.

In Conclusion

We have discussed some of the highly paid jobs in Commerce to make a good living. Any commerce student can take on a wide range of job responsibilities. However, proficiency and experience in business studies, accountancy, and finance can make him/her a perfect corporate asset. Along with pursuing B.Com, there are also many side courses for commerce students such as data science, digital marketing, and full-stack development. We hope this article has been useful for people thinking about pursuing commerce. Good luck!

Frequently Asked Questions

Q1. What is the best future career in commerce?

Ans: As we have discussed in the article, there are several professions one can go for after pursuing commerce. Each of them has its own merits.

Q2. Is B.Com enough to get a job?

Ans: B.Com coupled with certification courses in data science, full-stack development, and marketing can help in landing a well-paid job.

Q3. Which Commerce course is best for a high salary?

Ans: There are many courses such as CA and CS which promise a good salary after students pursue commerce.

Q4. How can a B.Com student get into IT?

Ans: A B.Com student can get into the IT sector by pursuing courses such as data science and artificial intelligence.