Scope of Commerce Education in India 2020

What is Meant by Commerce Education?

Commerce education is an education of management and financing. Basically, commerce education teaches how to do management and how to collect finance and grow it.

According to Paul S. Lomax,

“Commercial education is fundamentally a program of economic education that has to do with the acquirement, conservation, and spending of wealth”.

Scope of Commerce Education in India

  • Chartered Accountant

Chartered Account is one of the most popular courses among the commerce students. Chartered Account is a good option for those students who are good at accounts and finance.

  • Company secretary

Company secretary is a senior post in the company. Company secretary is responsible for the efficient administration of a company. This course might be beneficial for those students who good at Business studies and management theories.

  • Cost Accountant

Cost accountant is also a good career option for commerce students. Cost accountant manages the cost of the products or services of the company.

  • Finance Analyst

Financial analyst is one of the most demanded jobs in the financial industry.  A financial analyst researches macroeconomic and microeconomic gathers financial information along with company fundamentals in order to make company growing.

  • Finance Planner

Financial Planner is the best career options for those students that are good at saving and understand the flow of money. Finance planner provides financial advice to the individuals or companies to meet their short term or long term financial goal.

  • Investment Analyst

Investment analysts collect information and research on stocks, bonds, share, and commodities. Investment analysts focus on particular niches to become expert in the field and provide the right information to the clients.

  • Portfolio Manager

According to Wikipedia

“A Portfolio Manager is a professional responsible for making investment decisions and carrying out investment activities on behalf of vested individuals or institutions.”

Scope in Commerce with Maths

  • Chartered Accountancy.
  • Chartered Financial Analyst Program.
  • Company Secretary Program
  • Bachelor of Business Administration
  • Bachelor of Management Studies
  • Bachelor of Commerce in Accounting and Taxation
  • Bachelor of Commerce in Advanced Accountancy
  • Bachelor of Commerce Banking and Insurance

Scope of Commerce Without Maths

  • B.Com (Bachelor of Commerce)
  • Bachelor of Business Studies 
  • Bachelor of Business Administration 
  • Bachelor of Management Studies
  • Bachelor of Banking and Insurance 
  • Bachelor of Financial Markets 
  • Bachelor of Fine Arts
  • Bachelor of Hotel Management 
  • Bachelor of Accounting and Finance 
  • Bachelor of Mass Media and Communication
  • Bachelor of Law

Objectives of Commerce Education

  • To encourage the student to invent and innovate.
  • To get ideas about business entities and functions.
  • To produce entrepreneurs and industrialists
  • To bring international trade closer.

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