India has come a long way since its independence. The economy has increased tremendously. There is no doubt that the number of commerce courses have increased as well. More than 2 lakh students applied for commerce courses in the past year. The new GST plans put up by the government have not only been giving more importance to commercial studies but it has also given rise to different new programmes.
Commerce courses have always been coveted by people who just want to make a lot of money. However, after some years, a few quit the career because they could not find any job satisfaction. This is because a number of them joined the career for the wrong reasons. Yes, most of the commerce courses are money-making courses but if your personality suits a career with much more exposure or a career that is outgoing and much more than a career that requires you to work 9-5 in an office sitting in front of a computer, you will never get satisfaction, and may quit the career looking for a new one. Hence, when you choose any career in commerce, remember to choose it only if you are genuinely interested in it.
C.A. se Hatke!
Chattered Accountancy is one of the most profitable courses among the commerce courses. Many of the students who choose commerce first choose it because CA is their end goal. However, many join it because they do not know other alternates. Here are the few alternate careers to CA:
Actuarial Science: Actuarial Science is a discipline that assesses financial risks in the insurance and finance fields, using mathematical and statistical methods. Actuarial science applies the mathematics of probability and statistics to define, analyse, and solve the financial implications of uncertain future events. In order to pursue it you will have to take Commerce with Maths, after which you have multiple options. They are B.Sc. in Actuarial Science, Bachelors in Accounting and Finance (BAF), after which you could pursue an MBA or Masters in Actuarial Finances.
Banking: Everyone knows what banking is. Working in a bank in various capacities has been a prestigious career for many years. In order to have a career in banking you have to take commerce and a bachelor’s degree in either B.Com. or BAF post which you could either take your Bank PO exam or SBI/RBI exam or simply pursue an MBA in Finance.