Top 5 highest paying careers in commerce
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The commerce stream after completion of class 10th is the most popular choice for students in India. Commerce as a stream of education is a study of trade and business activities such as the exchange of goods and services from producer to the ultimate consumer. After 10th, most of the students choose the commerce stream for their better future. The important subject which presents for students to study in commerce are economics, English, accounts, business studies and maths. The Commerce stream gives a wide range of options to your college. After passing 12 standard board examinations, commerce students can opt for various commerce courses such as B. Com, charted accounts, BBA, Law and many other courses. Commerce stream students have diverse job opportunities and they can earn much higher.
Here are the 5 highest paid jobs in the commerce field
1. Chartered Accountant
The chartered accountant is one of the highest paying jobs in India for commerce students and it is a dream of many commerce students. The chartered accountant is one of the highest paying jobs in India. CA deals with the management of money and provides financial advice. They record for the final transaction of the company. They work in private practice in the accounting department of firms and organisations. As a CA, one can expect to get Rs. 7 to Rs. 14 lakh per annum. In India, the institute of chartered accountants of India (ICAI) conducts CA exams and certifies a candidate as a qualified Chartered Accountant on successful completion of the three-level course.
2. Investment banker
Investment bankers work In the financial institution in a capital Market advisory role to cooperate and government bodies. Their primary responsibility is to raise capital for clients in the capital market. And offer a host of other financial advisory services. They assist companies and organisations in important and complex financial matters and also help to decide the Pricing of different financial departments. There are some commerce courses required to become an investment banker. And those courses are B.Com, B. Finance, BBA and chartered financial Analyst. An investment banker can expect a salary of Rs. 24 lakh per an um and it considers one of the highest salary jobs for commerce students.
3. Chartered Financial Analysts
CFA can find work opportunities at banks, insurance companies, investment firms, final securities firms and even MNCs. CFA is one of the highest paying jobs in India for commerce with an approximate salary of around 6-12 lakh per annum. As a financial Analyst, you advise and support on business strategy formulation. CFA assures you the highest distinction in the investment management profession. This program is globally recognised for finance-related activities.
4. Certified Public Accountant
CPA is like chartered accountancy, but the American Institute of a certified public accountant or AICPA conducts it, hence CPA has global appeal. CPA is a trusted financial advisor who helps individual business and other organisations plan and reaches their financial goal. As a CPA, you can expect Rs. 12 to Rs. 20 lakh per annum. Most of the MNCs looking for CPA. CPA is valuable to pursue. They base the CPA exam on individual state boards of account. It is one of the highest-paid jobs in commerce.
5. Professional Accountant
PA helps with the accounting, taxation and compliance and reports. They know accounting software like SAP, Tally and advanced Excel. PA has to create and maintain accurate financial records for business and individuals. They also perform an audit and financial statement analysis. As PA, one should be an expert in accountancy, achieved through formal education and practical experience. As a professional accountant, you can get 6-7 lakh average salary. Package outside India is much higher than 75 lakh.
By – Bharti Sharma
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