In India, there are ample career opportunities for Commerce students and it has become a very popular subject in India as the Indian economy is growing rapidly hence, the need for talented professionals is running progressively who can contribute towards the growth of the economy. In India there are numerous commerce colleges and institutes that are imparting quality education in the field of commerce at the undergraduate and postgraduate levels. At the undergraduate level, one can go for Bachelor of Commerce (B.Com), which is a three-year full time program and then one can pursue Master of Commerce (M.Com), at the postgraduate level. Some of the top commerce colleges in India are Loyola College (Chennai), St Xavier's College (Kolkata), Symbiosis Society's College of Arts & Commerce (Pune), Shri Ram College of Commerce (SRCC) Delhi, Presidency College (Chennai),St. Joseph's College Bangalore, Narsee Monjee College, BM College of Commerce (Pune) and St. Xavier's Mumbai.
After acquiring required qualification in commerce stream one can join any private or government organization as a specialist in any of the streams of commerce like accountancy, economics, or work as management executive, junior accountant, accounts executive, or pursue a career in auditing or banking. Here some career options for commerce aspirants are mentioned:
Chartered Accountant: Chartered Accountancy (CA) is one of the most lucrative career options for commerce students and the chartered accountants remain high in demand for ever. Designation of Chartered Accountants/CA in any organisation usually holds high and honorable posts who are responsible for financial reporting, taxation, auditing, forensic accountancy, corporate finance and insolvency. They also provide professional advice to increase profitability on behalf of their client or employer. A Chartered Accountant at junior level can earn 10000 to 15000 per month while a senior most C.A. can expect to get 50000 to 60000 per month. In abroad salaries may go up to 500000 per month.
Public policy analysts: Public policy analysts is specialize in researching complex issues, crafting possible solutions, and recommending policy actions and they work for research organizations, consulting firms, interest groups, and government agencies. Salary of public policy analysts is also good that will increase when they advance to senior-level positions.
Mortgage broker: A mortgage broker is a person who provide assistance when shopping for a home loan as they have connections with various lenders and can help in determining which lender has the best loan deal for you. The mortgage broker salary largely depends on the organization for whom they work, the number of years of practical experience and the location of the work. However they can earn upto 3,50,000 - 6,50,000 + incentives per annum.
Stock broker: Stock broker can perform his duties on own or they can work for one company. They can get money by buying and selling the securities for a company in the form of commission. Initially , they can earn Rs.12,000 to Rs.15,000 and after earning experience they can earn any amount of money. Many stock companies are providing the commission based on their work.
Company Secretary: The job of a Company Secretary mainly is to look into the legal matters of any firm or organization. He is responsible for maintaining a balance in the organization, with importance given to legal soundness. A Company Secretary can earn Rs. 30,000 to 50,000 per month. However, it may varies according to the company.