Commerce is a growing field that deals with the various business aspects and trading of products that have an economic value. As it plays a vital role in economic development, pursuing a career in commerce can prove to be very advantageous for you. You can pursue commerce courses after 12th or equivalent with commerce as a subject.
You can find commerce courses at UG, PG, and PhD levels such as B.Com, M.Com, MBA, and MPhil. There are also diploma and certificate courses in commerce as well as free online commerce courses for students. Commerce courses are offered in full-time/part-time or distance mode. After the advent of online learning, there has been a rise in the popularity of online commerce courses.
Online education has enabled lakhs of individuals, who would otherwise not be able to pursue a regular course time to time constraints. Online learning is especially popular among working professionals.
What is Commerce?
The trade or exchange of goods, services, and something of value is called commerce. It significantly creates a necessary link between the producers and consumers of goods and services. Commerce plays a crucial role in the employment perspective. It has a vital role in the economic development of nations and it encourages trade on the global level.
Commerce courses have a special focus on varied subjects like commerce, business law, economics, accountancy, taxation, and finance so that they can impart different kinds of managerial skills to the students. At the same time, they are concerned over their business area.
Who Can Learn Commerce Courses?
Anyone interested in finance, trade, accounting, or economics can pursue commerce courses. Students who have studied commerce in classes 11th and 12th can apply for a multitude of commerce courses at the graduation level such as B.Com, BBA, and B.A. Economics, and then CS and CA at PG level. Several short-term certification courses for commerce students may excite them to delve deep into the concepts of commerce.
Eligibility Criteria for Commerce Courses
The candidates should have passed class 12 however the percentage may vary from college to college. Depending on the degree like undergraduate or postgraduate or even doctoral programmes, the candidates will be eligible for commerce courses. Some colleges that teach commerce courses might conduct entrance exams for admission to the different commerce courses.
- To pursue a bachelor of commerce, candidates must have completed 10+2 in commerce or its equivalent level of education.
- Admission to diploma and online certificate courses for b com students is done based on the marks obtained in Class 12 or graduation from a recognised board.
- For PG programmes or master of commerce, candidates must have completed their bachelor’s degree with minimum marks of 45%-50% from a recognised board.
- For doctoral programmes such as Ph.D. in Banking and Finance, M.Phil. In Commerce and Ph.D. in Business Economics, candidates must have completed a master’s degree or equivalent to that from a relevant stream from a recognised university.
- Many colleges/universities take admission in commerce courses through commerce exams like CA Foundation, CSEET, NMIMS CET, IPU CET, SET, ICAI, and ICSI, among others.
Skills Required for Commerce Courses
Different levels of skills may be required for learning the best online courses for commerce students Some come with years of experience whereas some will come if the candidates upskill themselves as this will allow them to make a shift toward a high-profile job.
Individual participants who want to master different kinds of accounting tools will be ideal to pursue different kinds of commerce courses before they enter the corporate world. Here are some skills that are required when looking forward to pursuing certification courses for commerce students:
- Problem-Solving
- Analytical Skills
- Basic knowledge of taxes and banking
- Good communication skills
- Leadership
What You Will Learn in Commerce Courses?
As a course of education, studying commerce courses provides you with adequate knowledge about the importance of the nature of trade and activities in trade. You will learn about the wholesale and retail trade, export and import trade, and the entire port trade.
With commerce courses, you can develop economic understanding, interpret economic problems and their effects on society, and develop a sense of values for better economic planning. You will also learn various fundamental principles of economic implications of business investments and understand distinct business machinery from the best certification courses for commerce students.
Popular Commerce Certification Courses
You can pursue the best commerce certification courses at the undergraduate, postgraduate, and PhD levels. Bachelor’s and Master’s degree in commerce courses are available full-time while certificate courses like CFA, CA, CS, and others are part-time. By pursuing commerce courses online, you will study statistics, mathematics and informatics practices, economics, banking, and chartered accountancy.
Career Options in Commerce
There are ample career opportunities available after commerce certification courses. Depending on the best certificate courses for commerce students selection, you can pursue different job profiles in the BFSI sector. You can also find jobs in nationalised banks, railways, income tax, and other government departments once you complete commerce courses online or offline.
Here are some of the job profiles you can find after pursuing free online certificate courses for commerce students:
- Chartered Accountant
- Accountant
- Bank Manager
- Marketing Manager
- Chartered Financial Analyst
- Accounts Executive
Commerce Salary Trends
The online courses for bcom students must have certain benefits in terms of salary and job satisfaction. After pursuing online commerce courses or certification courses, candidates can opt for various commerce jobs based on their interests and job security.
There are many highest-paying jobs for commerce students. As a Chartered Accountant, candidates can earn an average salary of Rs. 795,838 per year. The salary depends on several factors like location, employer, skills, and experience.
Salary based on experience
Less than 1 year | 1-4 years | 5-9 years | 10-19 years | 20 years and above |
Rs. 697,416 | Rs. 740,243 | Rs. 1,108,066 | Rs. 1,786,925 | Rs. 1,944,213 |
*The salary trend is based on PayScale
Scope of Commerce
The study of commerce courses after 12th or graduation opens up various career opportunities for commerce students. While commerce is the lifeblood of industries and nations, its scope implies all the activities such as the trade of goods and services from producers to consumers. In the development of commerce, activities like transportation, communication, banking, insurance, and advertisement play a crucial role.
Choosing commerce as a field of study will allow you to get a job in areas, including banking, human resources, accounting and finance, business administration, and related fields.
Top Recruiters Hiring Commerce Graduates
Commerce graduates will be preferred to work in different private and public banks. The students can take part in any of the commerce courses that are offered by different educational providers, and also other qualifying examinations, whereas private banks hire students through different kinds of campus placements. Below is a table that has listed some of the top-most recruiters who hire commerce graduates after they have gained knowledge from free courses for commerce students.
ICICI Bank | SBI | HDFC | Deloitte |
KPMG | Microsoft | Citibank | Reliance |
FAQs
Q: What job can I get after commerce courses?
A: Choosing commerce as a field of study, there are various job options you can find after online free online commerce courses with certificates including a chartered accountant, business executive, data analyst, investment banker, and economist.
Q: What qualification do I require for best certificate course for commerce students?
A: You can pursue online commerce courses with certificates at UG and PG levels. For a UG degree, you must have passed 10+2 or its equivalent education in the commerce stream. For a PG degree, you have completed a bachelor’s degree in commerce or equivalent fields.
Q: What are the professional courses after 12th commerce?
A: There are many top professional courses after 12th commerce. These include B.Com (Hons.), B.A. Economics, BBA, BCA, BAF, Bachelor of Financial Markets (BFM), and others.
Q: Do I need to appear for any entrance exams for professional free online certificate courses for Bcom students?
A: Yes, some colleges/universities conduct entrance exams such as CFA, CMA, IPU CET, ICWAI, ICAI, and ICSI for various commerce courses.
Q: What should I do after B.Com?
A: After pursuing a bachelor of commerce degree, you can apply for MBA, M.Com, CA, CS, CFA, CMA, and another relevant degree.
Q: Can I get a job after B.Com?
A: Many private and public sector banks hire B.Com graduates for Probationary Officer (PO), Clerks, management, and assistant positions.
Q: How much does a candidate earn after commerce certificate courses?
A: With a B.Com degree, a candidate can earn an average salary of Rs. 453,708/ year. There are some popular roles after this degree such as associate auditor, business development associate, research analyst, and more.
Q: Is commerce a good career?
A: Commerce after free certificate courses for commerce students plays a vital role in the development of any nation and its economic growth. With the right qualifications and knowledge, you can make your career more rewarding in this field.
Q: What are commerce courses for MBA graduates?
A: Many certificate courses for commerce students and specialisations are available for MBA graduates. These include Finance, Marketing, Human Resources, and Business Management.
Q: Which companies hire more commerce graduates?
A: Companies like ICICI Bank, SBI, HDFC, Deloitte, Microsoft, KPMG, TCS, HCL, and Reliance, are among the top recruiters for commerce graduates after they have learnt free online courses with certificate for commerce students.