Apart from CA or CS, there is a bright future too: Top career options for Commerce students that give money and fame
Traditionally, CA (Chartered Accountant) and CS (Company Secretary) have been the most popular career choices for Commerce stream students. Every year, thousands of students prepare for ICAI (Institute of Chartered Accountants of India) and ICSI (Institute of Company Secretaries of India) exams. But with the changing career landscape, opportunities are not limited to these traditional courses only. Today, new career paths and skill-based short-term courses have also brought golden opportunities for students from commerce background.
If you have also passed 12th from commerce stream and want to do something new, something different apart from CA or CS, then this article is for you. Here we will tell you some such career options which will not only give you a good salary but also professional recognition.
1.Diploma in Digital Accounting
In today’s time, accounting is not limited to just pen and paper. Cloud-based software and automation tools have digitized this field. Diploma in Digital Accounting is such a short-term course which trains students in modern accounting tools like Tally, GST, Zoho Books, QuickBooks.
This course can be of 6 months to 1 year and after this students are directly prepared for jobs in MSMEs (Micro, Small & Medium Enterprises) and startups. There are also many opportunities for freelancing and part-time accounting work.
2.B.Com + CMA (Cost Management Accountant)
For students who are looking for a professional course equivalent to CA, CMA is a smart option. CMA course is conducted by ICMAI (Institute of Cost Accountants of India). In this, students are given practical and theoretical knowledge on topics like cost auditing, financial analysis and strategic management. After becoming a CMA, you can get high-paying roles in manufacturing units, MNCs and consultancy firms. This course is considered a little less challenging than CA, so its success rate is also good.
3.Financial Modeling & Valuation Course
If you are interested in finance and business data analysis, then financial modeling can be the perfect course for you. In this course, you get training to create business models, learn valuation techniques and do financial planning with the help of Excel, Power BI, and advanced tools.
This course prepares you to become an equity research analyst, investment banker, or business analyst. The demand for this skill is increasing every year in the financial sector, especially in startups and fintech companies.
4.Taxation Courses (GST & IT Return Filing)
The demand for tax professionals has increased sharply since the implementation of GST. In short-term certification courses of Taxation, students are given practical knowledge of GST return filing, income tax calculation, TDS management, and e-filing platforms.
This course is a quick and effective way for accounting students to become job-ready. Hiring in this field ranges from small accounting firms to large corporates. You can also get monthly clients through freelancing.
5.Business Analytics / Data Analytics Courses
In today’s digital era, the importance of data is the highest. If you are a student from commerce background but still have interest in technology, then Business Analytics or Data Analytics can be a futuristic option for you.
This course teaches advanced features of SQL, Python, Tableau, and Excel which are used in business decision making. Analytics professionals are in demand in every sector – be it finance, marketing or operations.
Conclusion:
Today’s commerce students have many new career options available. CA and CS are still prestigious careers, but apart from them there are many smart and practical career choices which can give you skill-based success in less time.
These courses keep you in sync with the current trends of the industry and give you an edge in the job market. Hence, you can give a new direction to your career by choosing any of these courses based on your interest and strengths.
Change your thinking, the options will increase!
Apart from CA or CS, the doors of success are open for commerce students too – all you need to do is choose the right course and the right direction!