The most sought after – Commerce Career

It cannot be denied that when it comes to one’s education and career, every choice involves walking a tightrope. With every branch of education diversifying into niche territories students have a plethora of options to choose from. Once seats in the commerce branch were available for students scoring even less than 45% marks in their SYJC but is the opposite case now.

While science students are often known to dither when it comes to choosing between the engineering or medical streams, students of commerce are also facing a perplexing dilemma. The availability of new courses followed by the host of opportunities they offer in terms of career growth has compelled commerce students to look beyond convention. While the traditional Bachelor of Commerce (B Com) continues to find loyalists, a growing number of students are now considering courses like B Com with Banking and Insurance (BBI) and B Com with Accounting and finance (BAF). Since the faculty are professionals from the banking and insurance fields, it provides students with first hand information. Since the faculty are professionals from the banking and insurance fields, it provides students with first hand information.

B Com with banking and insurance (BBI)

University of Mumbai has crafted this three year full time course to meet the surging demand for professionals in the banking and insurance sectors. The syllabus has been designed in a manner that permits students to acquaint themselves with the operational and functional aspects of banking, insurance and other related services. Such a course helps students gain an overview of the banking and insurance sectors. Some of the subjects offered under this course are marketing in banking and insurance, financial service management, strategic management and international business. In the final year, students are expected to work on projects, which will be reviewed by internal as well as external faculty, after which marks are awarded. Since the faculty who coach these students are professional from the banking and insurance fields, it provides students with first hand information. Performing projects gives students a lot of exposure as it means interacting with people employed in the concerned industries. Those who wish to gain a strong foothold in the banking world after graduation can opt to pursue the Diploma in Banking and Finance (DBF) course offered by the Indian Institute of Banking and Finance (IIBF). The DBF, preferably with a bachelor’s degree in banking ad insurance enhances one’s chances of acquiring employment in the banking industry ICFAI also offers Master’s degree programs in banking and insurance. As the banking and insurance sectors explode with opportunities for competent and articulate professionals, a graduation in banking and insurance, backed by the right master’s degree could be the perfect springboard to scale greater heights in these fields.

B Com with Accountng and Finance (BAF)

The three year full time B Com with accounting and finance course covers topics like financial accounting, auditing, management accounting and taxation among other subjects. The level of accounts taught in this course is comparatively higher.

While it is clear that today, an MBA degree is one of the most prized academic acquisitions, a graduation in accounting and finance, teamed with an MBA in finance could be a safe bet to make a foray in the finance sector. To further their expertise in the fields of accounting and finance, one can pursue the professional degree program offered by ICFAI.

Besides these, the B Com degree also offers a number of vocational subjects to choose from. Some of them are tax procedures and practices, e-commerce, computer applications and export marketing.

Different Strokes: The presence of the word’s chartered accountant on your CV can indisputably enhance its value, but for those who wish to tread a different path, some of the options available are actuarial sciences and company secretarial practice. An actuary is a business professional who deals with the financial impact of risk and certainty. Actuaries have a deep understanding of financial security systems, their complexity, their mathematics, and the way they work. They evaluate the likelihood of events and quantify the contingent outcomes in order to minimize losses, emotional and financial associated with uncertain, undesirable events. They use skills in mathematics, economics, finance probability and statistics and business to help business assess the risk of certain events, and to formulate policies that minimize the cost of that risk. For this reason actuaries are essential to the insurance industry either as staff employees or as consultants.

A company secretary is the vital link between the company and its board of directors and shareholders. By virtue of integrated knowledge of multiple disciplines of law, management finance and corporate governance, the company secretary acts as an in house legal expert. A qualified company secretary has openings in employment and as a practicing independent professional. Company secretarial practice provides a broad picture of corporate laws, labor laws and excise and custom laws. Institute of Company Secretaries of India (ICSI) imparts training in company Secretaries of India (ICSI) imparts training in company secretary-ship by distance learning (by correspondence) enabling students to quality as company secretaries. One can pursue company secretary after class 12, or even after graduation.

  • Abhishek

    Hi ,
    My name is Abhishek and I have completed my 12th (HSC) commerce.
    Currently I am employed with an software company from last 2 months.
    I want to take forward my qualification ,and I am interested in the HR industry (field).
    SO PLEASE SUGGEST ME SOME part time or full time COURSES OR DEGREE PROGRAMS which I can do with my current qualification i.e. 12th commerce which would also help in increasing my current qualification.

    Thanks, and waiting for reply’s.

  • Krishna Sati


    I am Krishna Chandra Sati. I have done graduation in B.Com(H) from Delhi University and M.Com from IGNOU and now completed Post Graduate Diploma in Management from ICFAI. I have got 7 years of work experience of which 4 years in social research and rest in financial research and financial planning and analysis.

    If you have any position offering good salary do let me know

    Thanks & Regards,

    Krishna Sati
    +91 987 300 6891

  • i m  sanjay  frm punjab  iread in accounting& finace pls tell me i need project repot on  banking

  • Panigrahi Nilanchal

    Hi! I am Nilanchal and have appeared for MCVC (Accounts)12th. Please provide me course details which are available after 12th in management field. You can send me details on email id: or call me:8291329294