Commerce stream subjects | Best courses after 12th commerce, best colleges… and more
Class 12th Commerce: Commerce as a field of study and all constituent commerce stream subjects are widely popular choices. The fact that the course leads to numerous commerce stream jobs and career opportunities for students justifies its popularity.
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Commerce includes all activities related to the exchange of goods and services. It links producers to traders and consumers. Commercial activities can be trade-centric or trade-facilitating. The secondary activities that aid the primary activity are trade facilitating and known as auxiliary services. Auxiliary services include transportation, warehousing, distribution, financial services, advertising, etc.
Now, let us look at the various subjects you will be studying if you want to pursue your career with some commerce stream jobs. The article will also list the top 10 best college for commerce in India.
Table of Contents
Commerce stream subjects
Commerce encompasses all the subjects that will help you understand the working of a business and the business environment. The business environment will cover the political, logistical, legal, regulatory, social, and economic aspects of trading.
Here is a complete list of commerce stream subjects.
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Accountancy |
Finance |
Auditing |
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Economics |
Business economics |
Business Finance |
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Mathematics |
Cost accounting |
Marketing |
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Business |
Income tax |
Business law |
Best courses after 12th commerce
Accountancy, Business Studies, and Economics are the core commerce stream subjects, and mathematics is optional. Thus, you can choose to study it with or without Mathematics. Choosing mathematics as one of your commerce stream subjects will give you an edge over other students as it makes you eligible for studying more courses for your UG. Explore the best courses after 12th commerce, in the section below:
Best courses after 12th commerce with Mathematics
B.Com Honours is a Bachelor’s course of 3 years which is the most pursued graduation course in the field of commerce. It is one of the most popular courses that cover subjects such as Accounting, Taxation, Economics, Financial Management, etc. Some of the specialized and best courses after 12th commerce with Mathematics, in B.com, are:
- B.Com Accounting and Taxation
- B.Com Statistics
- B.Com in Management Accounting & International Finance
- B.Com in Accounting
- B.Com Applied Economics
- B.Com Banking & Finance
BBA is a 3-year professional undergraduate course in Business Management. The course is open to students from all three streams i.e., Science, Arts, and Commerce. The BBA course offers knowledge and training in management and leadership skills to prepare them for managerial roles and entrepreneurship. It is one of the most sought-after courses by students for commerce stream jobs after the 12th.
The company secretary deals with the legal activities of any business. The role of a company secretary is to keep records, advise on tax returns, and evaluate the legal aspects of the organization. The CS (Company Secretary) course is a 3 years professional course equivalent to the UG degree. It is conducted by the ICSE (Institute of Company Secretaries of India). This course opens the door to various secretariat-related roles in commerce stream jobs after the 12th. The course has 3 levels.
- Foundation Course – 8 months
- Intermediate/Executive Course – 9 months
- Final/Professional Course – 15 months
A chartered accountant works as a private advisor or in the accounts department. It takes 5 years to complete the CA course. By 2006, the ICAI had launched the three levels of this course.
- CPT (Common Proficiency Test)
- IPCC (Integrated Professional Competence Course)
- FC (Final Course)
Best courses after 12th commerce without Mathematics
The main difference between B.Com Honours and B.Com is in the course curriculum. Many students prefer to pursue the B.Com (Hons) program instead of B.Com (General) as it helps to prepare for certification exams such as Chartered Accountancy (CA). Some of the specialized courses in B.Com(General) are listed below.
- B.Com Business Administration
- B.Com Marketing
- B.Com Tourism & Travel Management
Best courses after 12th commerce and commerce stream jobs
Let us now explore the opportunities in commerce stream jobs, various courses, and the best college for commerce. The detailed list for the same is tabulated below.
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Course Name |
Commerce stream jobs |
Best college for commerce |
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B.Com |
Accountant |
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Economist |
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Financial Analyst |
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Finance Executive |
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Executive |
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Bank Manager |
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BBA LLB |
Business Consultant |
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Lawyer |
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Govt jobs |
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Chartered Accountancy |
Private Practice |
Indian Chartered Accountants Institute(ICAI) |
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Financial Advisor |
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Advisor |
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Company Secretary |
Advisor |
Institute of Company Secretaries of India (ICSE) |
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Compliance Officer |
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Corporate Planner |
Best college for commerce in India by NIRF
Searching for an ideal college for you UG in commerce stream subjects could be a challenging task. For the convenience of the students, here we have listed the 10 best college for commerce in India, as ranked by the National Institute Ranking Framework (NIRF).
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NIRF Ranking |
College name |
|---|---|
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2 |
Hindu College, Delhi |
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4 |
Loyola College, Chennai |
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5 |
Lady Shri Ram College for Women University of Delhi |
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7 |
Presidency College, Chennai |
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8 |
Kirori Mal College, New Delhi |
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12 |
Shri Ram College of Commerce (SRCC), New Delhi |
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14 |
Hansraj College, Delhi |
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17 |
Madras Christian College (MCC), Chennai |
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71 |
Christ University, Bangalore |
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87 |
St. Xavier’s College, Mumbai |
Highest paying commerce stream jobs
Pursuing a course in commerce of your choice, from one of the best college for commerce in India, will pave the way for your bright future. There are a lot of options available for a student pursuing his/her higher (UG) studies in commerce stream subjects. Details of some professional commerce stream jobs are listed below.
1. Investment Banker
National average salary- INR 10 lakhs/PA approx
Primary responsibilities- Investment bankers counsel businesses and people on how to invest their money. They manage focused investment portfolios with higher returns than what is achieved by day traders.
2. Actuary
National average salary- INR 12 lakhs/PA approx
Primary responsibilities-Assessing the risks involved in the industry and preparing the company for any liability in the future through risk management and mathematics.
3. Chartered Financial Accountant
National average salary- INR 8 lakhs/PA approx
Primary responsibilities- A Chartered Financial Analyst or a CFA is a specialist in investment management. Your work will require an accurate prediction of financial markets. You will have to engage in wealth management, equity management, credit analysis, and fixed-income analysis.
4. Chartered Accountant
National average salary- INR 8 lakhs/PA approx
Primary responsibilities- A chartered accountant is someone responsible for matters related to taxation and accounting of a business. The tasks of a CA are filing tax returns, financial accounting, and reporting, auditing financial documents, preparing and evaluating financial reports, and maintaining records of investments.
5. Cost Accountant
National average salary- INR 5 lakhs/PA approx
Primary responsibilities-Cost accountants assist businesses in calculating the expense of producing a good or service. Furthermore, they collaborate with the management team to raise profitability.
6. Company Secretary
National average salary- INR 6 lakhs/PA approx
Primary responsibilities-Ensuring compliance with legal and regulatory obligations. For instance, regulation of all legal filings, shareholder disclosures, tax requirements, and annual or quarterly earnings.
7. Marketing Manager
National average salary- INR 7 lakhs/PA approx
Primary responsibilities-Marketing managers organize and manage marketing campaigns to raise awareness and generate demand for products and services.
8. Certified Public Accountant
National average salary- INR 8 lakhs/PA approx
Primary responsibilities-A certified public accountant is responsible for the accounting and reporting of financial transactions for corporations, government institutions, and individuals.
9. Budget Analyst
National average salary- INR 7 lakhs/PA approx
Primary responsibilities- The budget analyst's job is to closely scrutinize budgets and monitor expenditures and incomes of the company to ensure the company reaches its financial goals.
10. Retail Manager
National average salary- INR 5 lakhs/PA approx
Primary responsibilities-Retail managers are responsible for every aspect of the day-to-day supervision of retail outlets, including sales, staff, stock, and resources management. Retail management involves taking responsibility for the successful running of a store.
Disclaimer: The salary figures mentioned above are approximate and just for your reference.
The face of higher (UG) education in India got completely revamped, with the introduction of CUET. More than 100 universities will be taking UG admissions solely through CUET 2023. To get to the top best college for commerce, it is necessary that you ramp up your preparation with a comprehensive and balanced study plan between your boards and CUET. Enroll in one of the best courses after 12th commerce, and leave no stone unturned to achieve the best for yourself.
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Frequently asked questions
B.Com, BBA, BBA (FIA), BA(Hons.) in Economics, CA, CS
SRCC, Hindu College, Hans Raj College, Sri Venkateshewar college, JMC (only for girls)
Yes, since more and more colleges are asking for general test for their courses
The data of only this year is available, and till now it seems that the level is easy to moderate.
Since, English is a very common subject asked by colleges for various courses a student should prepare for CUET English
Though the subjects a student wants to select should be on the basis of interest, commerce with maths is likely to open more options for a candidate while applying for UG and PG
A student should select subjects according to their interests. If a student is more interested in the field of management and is sure about pursuing it at graduate level. Applied mathematics would be a better option for them
Some of the major careers for commerce students are company secretary, actuary, internal auditor, economist, investment banker etc.
Artist manager, data analyst, event manager, travel agent
As of now, students only with mathematics and English can apply for BMS. They would have to select English, mathematics and GT or the subjects mentioned by DU during the form filling process of next year
The mathematical section of GT consists of mathematics syllabus till class 10th. If a student has struggled with that, the student can compensate that with good reasoning and current affairs skills in GT. General test is getting more and more common among universities and colleges for their various courses.