India remains the most populous country next to the People’s Republic of China. It is even estimated that India would touch the population of China by 2024. In such a populous country, competition has often become a part of modern life. In every stream known to humans, competition exists. Whether it be commerce, arts, humanities, competitiveness has spilled all over. If we talk about commerce, it is a branch of business that consists of the activities directly or indirectly affecting exchange. The present article deals with the various career options which one can go for with commerce as their stream.
Even since ancient times, commerce has been flourishing. It has evolved from simple trade of goods and services to present trends of online shopping that occur every day.
The first and the foremost career options one can go for with commerce. A job that asks for qualified individuals who could take care of various matters related to accounting, taxation, auditing, maintain records of investments, etc.
It is a three-tier exam designed by the Institute of Chartered Accountants of India ( ICAI).
The three-level examinations conducted are:-
Basically, the legal aspects of a firm are managed by the Company Secretary. The duties of CS are to advise the board of directors, look out at the legal aspects and keep the records. He/she acts as a compunction quester of the company.
The first eligibility to enroll in the program is to pass the Class XII exam from any stream.
The ICSI conducts the examination and it consists of two levels:-
Cost Accountants perform the duty of collection, analysis, preparation, auditing, and inspection of the financial information. They need to have the strong analyzing capability and technical skills. These analyze the sales trends, cost reports, etc.
It is mid-way between business and job. He needs to understand the opportunities as well as to review internal client company data in a business.
An investment banker develops the financial models of a company, assists in the mergers, capital raising for organizations.
A marketing professional has many responsibilities including understanding market trends as well as a competitive strategy.
Actuaries are also known as financial risk managers. They analyze the statistical information as well as compile data and analysis in an organization. They also predict events for an insurance policy.
The role of economists includes compiling and analyzing data, understanding the current changes and forecasting, policy-making as well as making the right decisions for profitability.
A CPA does the work of auditing, taxation, reporting, and accounting process of organizations. CPA has a global appeal.
It is a certification for banking and financial professionals.
Commerce overall creates contact between the centers of production and consumption and links them. Hope this article provided a lot of insights regarding career options in commerce. So what are you waiting for… Go and make your life more rapturous by selecting tumult careers.
By – ANSHIMA SHRIVASTAVA