Dear students, make commerce a choice and not a second option

Once you have cleared your Class 12 exams, you must choose which field of study you want to pursue further. In India, only 15% students have chosen commerce at an undergraduate or postgraduate level. This is due to the general misconception that commerce has very few career options.

However, Commerce is a vast and versatile field that offers plenty of career options to choose from. So, let’s have a look at the potential careers you can choose from after your Class 12:

Chartered Accountant (CA)

You can play with money! But only in a book. Chartered Accountancy is the top choice for students in the commerce stream for the large scope of its career. CAs can help companies with their taxation, audit reports, or mergers. They can also work with individuals for filing income tax or managing entire portfolios.

Education: The CA programme is a professional course divided into three sections — Common Proficiency Test (CPT), Integrated Professional Competence Course (IPCC), and Final Course. Students can register with the Institute of Chartered Accountants of India (ICAI) and enrol for CPT after clearing Class 12.

Actuarial Science

One of the toughest careers! Actuarial Science deals with predicting potential risks in various fields. These fields include insurance, investments, banking, and financial management. For example, you can work in investment companies to decide how much interest should they give on various plans. This is a fruitful career option but it involves intense studying and long working hours.

Education: Students must first clear the Actuarial Common Entrance Test (ACET) to be able to enrol at the Institute of Actuaries of India and pursue this degree. Both private and public universities in India offer full-time Bachelor’s and Master’s degrees in Actuarial Science.


This one is for Math haters. If number-crunching isn’t your thing, you should consider a career in management. Management is about the operational aspects of businesses. Managers are required in any and every field — from finance, to event management.

Education: Undergrad degrees like B. Com, BBA, or BMS (Bachelor of Management Studies) are best for basics of financial and managerial concepts. This can be followed by an MBA with a specialisation in finance, marketing, or HR management.

Company Secretary (CS)

You can tell companies what to do! As a CS, you will ensure that the company sticks to legal policies and rules.

Education: The CS course has three stages — Foundation Programme, Executive Programme, and Professional Programme. Students who have cleared their Class 12 exams can apply for the Foundation Programme. Graduates and postgraduates who have passed the final exam by Institute of Cost Accountants of India (or any other recognised accountancy institution in India or abroad), can directly enrol for the Executive Programme

Banking and Finance

Who said that bank jobs were boring? Finance is a vast industry with several career opportunities in the field of banking, finance, and investment.

Education: At the undergraduate level, students can pursue a Bachelor’s degree in Financial Management (BFM). Graduates can explore careers in corporate finance, financial accounting, commercial and investment banking, hedge funds, and venture capitals.


One small change you make, will affect millions of people! Economics deals with concepts like production, consumption, and exchange of wealth at a national and international level. Economists work to determine how imports and exports can affect the economy. They can work with governments or large corporations with multiple businesses.

Education: Undergraduates can pursue a B.Sc. or BA in Economics. A degree in Economics can form a foundation for actuarial science, financial management, banking, and investment. A postgraduate degree in economics can open the doors to careers in research, risk analysis, and banking.

With the pace at which the global economy is growing, pursuing careers in commerce can give students huge payoffs in the future. Students not only earn well paying salaries, but also see substantial career growth. As 35 million students in India get ready to take their first steps towards building careers, it’s time to change mindsets and let students choose commerce and not force them into other fields. It is time that parents encourage them to what do they love.

Dear students, make commerce a choice and not a second option was originally published in Toppr Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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