Important Facts
Apr 22, 2023 2.5K Reads
When it comes to taking up the right course for career development, many students are attracted towards picking a course in the subject area of commerce. But commerce courses are varied and there are a large number of areas within the broad umbrella of commerce, hence it is important to pick the best course to meet the needs of your education.
If you are confused about your options in commerce, worry not, since we have provided a comprehensive guide about the myriad of courses in commerce to choose from, along with all important details for the same. Continue reading to find the best career scope for yourself after completing a commerce course.
As per the Economic Times, commerce is the exchange of goods and services between businesses. Thus, in-grained within commerce is the aspect of buying and selling. Commerce as an academic field involves the systematic study of these exchanges and their bases.
Some of the major areas of study in the field of commerce include:
Finances and Accounting | Entrepreneurship | Auditing and Taxes |
Banking | Business Studies | Corporate Finance |
Insurance | Chartered Accountancy | Marketing |
Stock Markets and Investments | Economics | International Trade and Business etc |
So, there are diverse domains within commerce in which a student can take up a course. Some of these domains are highly popular and demanded in the professional sectors as well.
Students interested in studying commerce after class 10th can take the commerce stream, with or without mathematics. However, apart from completing your 10+1 and 10+2, you can pursue certification courses alongside to learn more skills and gain knowledge about niche areas of commerce. A convenient learning option for students is to take up short-term online courses alongside school learning to upskill oneself. Such certificate courses are helpful in building new skills which are practically useful for taking up future degrees/diplomas.
Some of the popular commerce courses available to take up after class 10 have been mentioned here.
Google Digital Marketing and e-Commerce (Coursera) | Advertising and e-Commerce on Social Media |
Entrepreneurship Beginner Course (Coursera) | International Business (Coursera) |
e-Commerce Fundamentals (edX) | Introduction to FinTech (edX) |
New Space Economy (edX) | Online Business and e-Commerce (Udemy) |
Basics of Banking in India (Udemy) | Open Banking (Udemy) |
Retail Banking (Udemy) | Basics of Personal Finance (Udemy) |
Diploma courses are shorter courses than degree courses in commerce, and provide foundational knowledge about a specific area of commerce, such as banking, accounts and finance management, international trade etc. Diploma courses have a duration from 6 months to 1 year, while some courses can also last for 18 months to 24 months.
Various online universities and colleges or online learning platforms may offer students with diploma courses that can be taken up after completing school education, i.e. HSC education or post graduation. Admissions to such undergraduate and postgraduate diploma courses are usually conducted on a merit-basis or through a basic screening interview.
Here are a few of the top diploma courses in commerce along with the relevant details.
Course | Course Fee | Minimum Eligibility | Duration |
Diploma in Banking & Finance | INR 10,000- INR 50,000 |
|
6 Months-12 Months |
Diploma in Financial Accounting and Taxes | INR 75,000 |
|
1 Year |
Diploma in Financial Management | INR 10,000-INR 80,000 |
|
1 Year |
Diploma in Retail Management | INR 15,000-INR 3,00,000 |
|
1 Year |
Diploma in Banking and Insurance | INR 10,000-INR 40,000 |
|
1 Year |
Diploma in Digital Marketing | INR 10,000-INR 1,00,000 |
|
1 Year |
Post Graduate Diploma in Global Business Operations (GBO) | INR 3,20,000 |
|
2 Years |
Post Graduate Diploma in Taxation | INR 10,000 to INR 2,00,000 |
|
2 Years |
Online Diploma courses are useful for bolstering your career or adding useful skills and facts to your repertoire of knowledge. Commerce diplomas also offer good value for money, as you can take them up for enhancing your educational profile and even the UG diploma courses can be taken up after graduation to get an additional qualification and skills. After completing a diploma in commerce, not only your knowledge and skills increase, but even your career scope gets elevated.
Certificate courses are short-term courses in a specific domain pertaining to the area of commerce, which helps the learner in developing new skills and knowledge. These are usually of a duration of 3 months to 6 months, and are offered in the regular, distance as well as online mode.
Online certificate courses in commerce are becoming increasingly popular due to the convenience of learning they provide to the students. They also allow the student to pursue a main course/degree/job and hone their skills alongside.
Here we have provided details about some of the popular certification courses that a commerce student/professional can take up along with important details.
Course | Fee | Duration | Eligibility | Mode of Delivery |
Professional Certificate in Business and Technology | INR 7000 | 12 Weeks |
|
Online |
Professional Certificate in e-commerce fundamentals | INR 12,130 | 5 Weeks |
|
Online |
Certificate Course in Finance Accounting and Taxation | INR 10,000-INR 50,000 | 6 Months to 1 Year |
|
Offline |
Certificate Course in Accounting | INR 10,000-INR 20,000 | 6 Months to 1 Year |
|
Offline |
Certificate Course in Banking | INR 5000-INR 20,000 | 6 Months to 1 Year |
|
Offline |
Certificate Course in Indian Stock Market | INR 5000 to INR 15,000 | 1 Year to 3 Years |
|
Full-time, Offline |
Professional courses in commerce are designed for working professionals who have completed their formal education in commerce to boost their professional and industry-oriented skills and competencies. As a result, these courses are related to specific niche areas of commerce, and include providing hands-on training about industry-oriented skills.
Some professional courses are also provided as full-time courses of a few years of duration. Some of them can be taken up as undergraduate degrees or as postgraduate courses. Here are some of the top professional courses in commerce which are highly valued in the industrial sector.
Chartered Accountancy (CA) is a very prestigious and well-regarded field of commerce which is internationally recognised. This course can be taken up right after completing HSC education, although being a course of high difficulty, it is recommended to take the course alongside or after completion of a Bachelor’s course in commerce. Doing this will help in forming strong conceptual bases for the course.
Here are the basic details about the CA course provided in India.
Course Name | Chartered Accountancy (CA) |
Course Duration | 3-4 Years |
Course Level | Post HSC |
Minimum Eligibility |
|
Course Fee | INR 10,000 to INR 40,000 |
Accrediting Body for the Course |
|
Chartered Financial Analyst or CFA is another internationally recognised and acclaimed degree course that is issued by the CFA Institute of the USA. This course is taught across three levels, and is suitable for candidates who have completed their graduation in commerce education or have at least 4 years of professional experience in the relevant sector. The course has a duration from 1.5 years to 3.5 years.
Here are further details about the course.
Course Name | Chartered Financial Analyst (CFA) |
Course Duration | 1.5 Years-4.5 Years |
Course Level | Post Graduate |
Minimum Eligibility |
|
Course Fee | INR 2,00,000 to INR 6,00,000 |
Accrediting Body for the Course |
|
Certified Management Accountant or CMA is another professional course issued by the Institute of Management Accountants (IMA), USA. It is a comparatively shorter professional course with a duration of 6 months to 18 months, in which a student must complete two levels of the course, CMA Part I and CMA Part II. This course is for candidates who have completed their UG education from a recognised university and have working experience in the domains of Management Accounting or Financial Management for at least 2 years.
Find more details about the course here.
Course Name | Certified Management Accountant (CMA) |
Course Duration | 6 Months to 18 Months |
Course Levels |
|
Minimum Eligibility |
|
Course Fee | INR 1,00,000 |
Accrediting Body for the Course | Institute of Management Accountants (IMA), USA |
Company secretaryship is a popular area of commerce in India that is pursued to develop a career in fields like company auditing, financial management, revenue management, stock broking etc. The responsible body for the training and education of the CS course is The Institute of Company Secretaries of India (ICSI). The course in CS is a 3 year program that can be taken up after completing HSC or Bachelor’s education depending upon the level of the course that one chooses to take up. The CS course includes 3 levels- the Foundation level, the Executive Level and the Professional level. The average fee for the course ranges between INR 5000 to INR 15,000.
Find more details about the course here.
Course Name | Company Secretary (CS) |
Course Duration | 3 Year |
Course Levels |
|
Minimum Eligibility |
|
Course Fee | INR 5000 to INR 15,000 |
Accrediting Body for the Course | The Institute of Company Secretaries of India (ICSI) |
Apart from the professional courses in commerce (which are full-time in nature) mentioned above, one can also take up courses like professional certifications in commerce alongside continuing their job.
Online Courses in Commerce 2023: Top Options to Upskill in Commerce
With the world making strides in terms of adapting itself to the internet-driven world, the field of education is also continuously evolving. Now, with technology-enabled learning features and platforms, many colleges and top universities are offering a number of courses in commerce fully through the virtual mode, or as commonly called, the online learning (OL) mode.
There are various UG and PG courses available to be pursued through the online mode, in addition to the various certification and MOOC courses that can also be taken up. An online course is commerce can serve the following main benefits to students:
So, here we have tabulated some of the common online commerce and related courses available for students to pursue.
Course | Average Fees | College/Platform |
Online BCom | INR 20,000-INR 1,20,000 | Jain University, NMIMS Distance Learning, Sastra University, Chandigarh University etc. |
Online MCom | INR 60,000-INR 1,30,000 | Jain University, LPU Online, Manav Rachna University, Manipal University etc. |
Online BBA | INR 65,000-INR 1,80,000 | UPES Online, Amity Online, Chandigarh University Online, Sastra University, Online Manipal etc. |
Online MBA Courses | INR 65,000-INR 5,00,000 | UpGrad, Jain University, DPU Online, Online Manipal, Vignan University, Amity Online etc. |
Diploma in Banking and Finance Management | INR 84,000 | NMIMS Global Access School for Continuing Education |
Diploma in Business Management | INR 84,000 | NMIMS Global Access School for Continuing Education |
Diploma in Wealth Management | INR 80,000 | NMIMS Global Access School for Continuing Education |
Diploma in Financial Management | INR 84,000 | NMIMS Global Access School for Continuing Education |
Diploma in Retail Management | INR 84,000 | NMIMS Global Access School for Continuing Education |
Diploma in International Trade Management | INR 84,000 | NMIMS Global Access School for Continuing Education |
Digital Marketing Certification Online | INR 28,000 | NMIMS, DPU Online |
Certificate in Business Management Online | INR 42,000 | NMIMS |
Certificate in International Business Management Online | INR 75,000 | UPES Online |
Apart from the above mentioned courses in commerce provided in the online mode, there are also a large number of Massive Open Online Courses (MOOCs) available on various online learning platforms like Coursera, edX Learning, Udemy, Unacademy, Swayam portal (launched by the Government of India), which provide short-term certification courses in commerce to students.
There are a large number of degree courses in various areas of study within the field of commerce. A degree course in commerce can only be taken up after completion of Higher Secondary education, i.e. grade 12 or equivalent education.
Here we have listed the top degree courses in commerce that one can take up at the undergraduate or postgraduate level.
As already mentioned, there are many areas in commerce that a student can decide to venture into after completing 12th i.e. HSC education. After completion of school education, students are eligible to apply to undergraduate courses in commerce. Find out more about the top commerce courses after class 12th, here is a list of the top commerce courses to pursue after class 12th:
B.Com program is a full-time 3 years course at the undergraduate level in commerce. This is a UG program and it does not offer students with a specialisation in any particular domain of commerce, rather it covers the foundational areas of commerce throughout the period of the degree. The course is less comprehensive than an honours degree in commerce but it is ideal for those students who want to strengthen their basic knowledge in commerce or have not decided a specialisation area yet. Students who did not have mathematics as a subject in class 12th are also eligible to apply to this course.
Here are the basic details about the B.Com program as offered in India.
Course Name | B.Com Program |
Course Duration | 3 Years |
Specialisation or General | General |
Minimum Eligibility |
|
Course Fee | INR 5000 to INR 1,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
B.Com Honours is a comprehensive bachelors degree in commerce and has a duration of 3 years. This course has been consistently among the top five most demanded courses among students in India. A B.Com Hons course, unlike a B.Com program, provides students the option of taking up a specialisation in commerce and covers the nuances of that specialisation area. B.Com Hons course can be taken up by both students from a mathematics and non-mathematics background.
The initial semesters of the course are dedicated to the foundational aspects of commerce which are essential to the understanding of commerce, followed by specialisation courses. There are a large number of specialisations provided in a B.Com Hons course, which can open doors for various careers for students.
The details of the B.Com Hons course are provided here.
Course Name | B.Com Honours |
Course Duration | 3 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 5000 to INR 4,00,000 |
Popular Specialisations |
|
Top Institutions Offering the Course |
|
B.Com Hons is a top educational choice among commerce students in India, and picking the right specialisation in B.Com is as important as picking the right degree. So we have provided an overview of the top popular, upcoming and innovative B.Com specialisations in India. These specialisations are available to be pursued in India in the online learning mode and regular mode at various top universities and colleges.
Online Bcom In Banking and Finance specialisation introduces the students to areas pertaining to banking principles, corporate banking, business law, international banking, treasury management etc. The fee range for this course is INR 1,00,000 to INR 3,00,000 depending upon the mode of learning and the college you select for the course. Here are further details about the course.
Course | B.Com in Banking & Finance |
Average Course Fee | INR 1,00,000-INR 3,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | Stock Broker, Banker, Corporate Banker, Investment Banker, Accountant etc. |
Accounting and finance specialisation in Online B.Com is a three-year course focused on areas like business laws, corporate finance, auditing, cost and management accounting etc. This course is offered in a number of top regular and online colleges of India. Here we have provided an overview of the course specialisation.
Course | B.Com in Accounting and Finance |
Average Course Fee | INR 20,000-INR 1,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | Risk Analyst, Accountant, Corporate Banker, Financial Consultant, Financial Strategist etc. |
The Accounting specialisation in Online B.Com is purely related to banking and accountancy and is ideal for those students who wish to develop a career in accountancy and banking domains. This course is suitable for those candidates who have an aptitude for mathematics and data handling and manipulation. Here are further details about the course specialisation.
Course | B.Com in Accounting |
Average Course Fee | INR 20,000-INR 1,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | Accountant, Accounting Manager, Corporate Accounting Manager, Account Keeper, Audit Manager, Accounting Firm Partner etc. |
Online BCom In Auditing as an area of specialisation is for those students interested in the domain of an audit, including auditing laws, practice of checking and verification etc. in business, service and commercial entities. B.Com in Auditing introduces students to the variety of key concepts in the auditing domain like commercial statistics, mercantile law, computer and data handling, microeconomics, accounting fundamentals etc. Here are further details about a B.Com in Auditing.
Course | B.Com in Auditing |
Average Course Fee | INR 30,000-INR 3,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | Accounts Auditor, Internal Auditor, Audit Manager, Audit Executive, Accountant etc. |
BCom Online in International finance is a popular choice in commerce and offers a promising career scope. It is designed for learners interested in exploring the international financial systems, practices and laws. Candidates taking up this course can take up job roles in the international finance domain like equity management, international financial strategist, investment banker etc. Here are some more details about this course.
Course | B.Com in International Finance |
Average Course Fee | INR 2,00,000-INR 8,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | International Finance Manager, Financial Planner, Investment Banker, Private Equity Manager, Accounts Assistant etc. |
BCom Online in Banking and Insurance is another popular specialisation among B.Com students and it focuses on the various operations, laws, practices etc. in banking and insurance. It is a useful specialisation for those who want to venture into banking careers or insurance domains like insurance manager, insurance consultant, investment analyst, loan counsellor etc. Here are further details about the course.
Course | B.Com in Banking & Insurance |
Average Course Fee | INR 40,000-INR 9,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | Insurance Manager, Loan Counsellor, Financial Consultant, Financial Advisor, Cashier etc. |
International business is closely related to the specialisation area of international finance, except that it is focused primarily on the handling and management of the various aspects in an international business setting. It covers subjects such as international business environment, business laws, import-export laws, taxation in international business etc. This course offers a satisfactory career scope to students after graduation, and is provided by various top online and regular universities of India. Here are further details about the course.
Course | B.Com in International Business |
Average Course Fee | INR 10,000-INR 3,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | International Business Manager, Export Officer, International Business Analyst, Business Development Manager etc. |
BCom online in Business analytics in commerce is focused upon the use of business information to make strategically chosen business decisions. This course brings together the knowledge of business studies and data analytics and technology to provide a unique blend and career scope to commerce students. This course is a budding specialisation area in which the scope is growing in career options. Explore more course details here.
Course | B.Com in Business Analytics |
Average Course Fee | INR 30,000-INR 2,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | Business Analyst, Business Strategist, Business Financial Planner, Business Consultant etc. |
Capital Market Operations is an upcoming and prospering area of specialisation in Commerce in which students learn about the nuances of capital markets, stock markets and investment basics etc. This course specialisation touches a large number of commerce foundation courses and niche-courses like patent and copyright law, stock market investment, investment analysis etc. Here are further details about the course.
Course | B.Com in Capital Market Operations |
Average Course Fee | INR 1,00,000-INR 3,00,000 |
Major Subjects |
|
Colleges Offering Specialisation |
|
Careers After Specialisation | Stock Broker, Investment Banker, Accounting Firm Partner, Audit Manager etc. |
Online BCom in Behavioural finance is a commerce domain in which students learn the psychology and bases of financial behaviour of individuals. This specialisation is unique in that it brings together psychology and commerce by bringing the user and consumer perspective into commerce and exploring its impact on the larger market and economic situations. Here are more details about the course.
Course | B.Com in Behavioural Finance |
Average Course Fee | INR 50,000 to INR 1,00,000 |
Major Subjects |
|
Careers After Specialisation | Financial Manager, Financial Consultant, Financial Strategist, Stock Market Invester etc. |
A Bachelor in Accounting and Finance, abbreviated as BAF, is a 3 year degree program designed to introduce students to the concepts and practices in accounting and financial sectors. This specialisation area of commerce is ideal for those students who wish to venture into fields like banking, accountancy, corporate finance, financial management, auditing etc. This course is ideal for candidates who have a commerce and mathematics background. This course is provided in India in a select few colleges of India, in locations like Kolkata, Ahmedabad, Mysore etc.
Here are further details about the BAF course.
Course Name | Bachelor of Accounting and Finance (BAF) |
Course Duration | 3 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 20,000 to INR 1,50,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
Online BA In Economics is a degree course of 3 years with the specialisation in the area of economics, which is a major domain of commerce. This course is ideal for students who have studied mathematics at the 10+2 level. B.A Economics Hons is a degree that explores the nuances of macroeconomics and microeconomics and equips the learners with detailed knowledge and skills needed to excel in this field.
Here are the details about the B.E course as offered in India.
Course Name | Bachelor of Arts- Economics (B.A Economics) |
Course Duration | 3 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 10,000 to INR 2,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
Bachelor of Management Studies, or BMS, is also a 3 year undergraduate course closely related to a BBA course, however, a BMS is more focused on the management practices across a variety of domains. It deals with areas like foundations of management practices, financial management, human skills needed in management, industrial law etc. This course can be taken up by commerce students with or without a mathematics background in HSC. Many popular colleges and management institutions of India offer this degree to students at affordable fee ranges.
Here are the relevant details about the BMS course.
Course Name | Bachelor of Management Studies (BMS) |
Course Duration | 3 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 30,000 to INR 6,00,000 |
Popular Specialisations |
|
Top Institutions Offering the Course |
|
Although not a commerce course, a B.Sc in Statistics is also closely related to commerce as it specialises in the domain of statistics, which is a central study modality in commercial fields ranging from accounting, economics to auditing. BSc Statistics deals with various aspects of applying statistical measures for meaningful interpretation of data. This course requires the candidate to have a mathematics background in 10+2.
Further details about B.Sc Statistics are provided here.
Course Name | Bachelor of Science-Statistics (B.Sc Statistics) |
Course Duration | 3 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 20,000 to INR 5,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
When it comes to taking up further education in commerce after graduation, students are often in a dilemma since there are comparatively limited options available at the Master’s level of education in commerce as compared to the Bachelor’s level. So, although the degree courses available in commerce after graduation are limited, there is still good scope to explore in terms of the various specialisation areas available for students to explore.
The most useful course to take up in commerce after graduation in India is unanimously an M.Com, or a Masters of Commerce. This is a purely commerce degree course at the PG level and there are many areas of specialisations available in an M.Com depending upon the student’s area of interest. Another area to explore would be business administration or management (especially in finance or commercial domains).
The question that arises is why take up a commerce course after graduation if a good career scope is available right after completing a Bachelor’s degree. The biggest advantage that a PG level degree in commerce confers to you is that it broadens the scope of the job domain for you as well as boosts your career and job position. You can explore from entry level to initial level job positions after completing a UG degree (even with experience), but having completed a Masters in the field of commerce will help you to explore even mid to top level job positions, and additionally it will also elevate your salary package considerably.
Here we have listed some of the most popular and demanded courses in commerce at the PG level that can be taken up by interested students.
A general M.Com degree (much like a General B.Com) degree, provides students with comprehensive knowledge about various aspects of commerce such as accounting, financial management, e-commerce, business law and business environment, auditing, taxation etc. A general M.Com degree does not offer a specialisation but is still a popular choice among students because it enables them to develop a strong base as well as seek top job positions in diverse domains rather than a select domain. Being a very popular course, many top colleges and universities of India offer this course at the postgraduate level.
Find further details about an M.Com degree here.
Course Name | M.Com |
Course Duration | 2 Years |
Specialisation or General | General |
Minimum Eligibility |
|
Course Fee | INR 20,000 to INR 70,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
An online MCom in Finance is a specialisation area in the 2-year PG course in which there is a focused emphasis on the aspect of handling financial operations in a business entity. This course is ideal for those who want to venture in fields like banking, accounting, financial consultancy, auditing, financial management etc.
This course requires the candidate to have either a commerce, economics, statistics or mathematics background, while in some universities, students with a BBA background can also seek admissions. The course is offered by many well-known universities and colleges of India and has an affordable fee range as well. The job scope of this field is high in both the private and public sectors.
Here are the further details about the M.Com in Finance in India.
Course Name | Master of Commerce-Finance (M.Com in Finance) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 6,000 to INR 65,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
A Masters in Commerce in Accounting and Finance online provides a more specific emphasis on the aspects of accounting in a business setting and financial management, bringing together two of the most central aspects of commerce. It is helpful in furthering understanding in areas like accounting in management settings, taxation, insurance, modern banking, corporate commerce etc. This course is ideal for those who want to venture into areas of financial management or banking and accounting.
Here we have provided further details of the course for your reference.
Course Name | Master of Commerce-Accounting and Finance (M.Com in Accounting and Finance) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 10,000 to INR 1,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
Focused specifically in Accountancy, this M.Com course is designed to equip the learners with the nitty-gritties of accounting in a variety of settings like business management, banks, corporate settings, institutions etc. Thus this course is ideal for those students who have a mathematical aptitude and an interest in handling data and numbers. This course requires the student to have either a mathematics background or a commerce background to be eligible.
The career scope for this course is bright since there are many public sector and private sector jobs available in this field such as auditing jobs, account direction, clerical posts etc. in addition to higher jobs like chief auditing officer, chief accounting officer etc. The field is well-paid and compensated.
Here are further details about the course.
Course Name | Master of Commerce-Accountancy (M.Com in Accountancy) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 2,00,000 to INR 8,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
This course focuses on the more broader aspects of banking along with financial domains. This is also a full-time 2 year PG course in which a number of subject areas like banking laws, investment analysis, financial services, auditing, debt market, international finance etc. are elaborated upon. The course is designed for students who want to venture into the banking sectors or into financial management and operations, keeping career options for both the fields open. Graduates can also explore job opportunities in international sectors after completing this course.
Here are further details about the M.Com in Banking and Finance.
Course Name | Master of Commerce- Banking and Finance (M.Com in Banking and Finance) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 2,00,000 to INR 4,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
This is an up and coming field in commerce, and marked by the growing use of technology and internet services in this domain, an M.Com in E-Commerce definitely has a bright career scope in India. An M.Com in e-commerce acquaints the students with various important areas of Commerce via the internet such as e-commerce technologies and strategies, business processes in e-commerce, computer applications in business etc. This course is apt for those who want to develop a career in e-marketing and sales, purchase management, market research in e-commerce, business analysis, e-business consultancy etc.
The career scope for this course is increasing in the currently glocalized world wherein businesses are turning increasingly towards internet services for commercial operations.
Here are the further details about the M.Com in e-Commerce course.
Course Name | Master of Commerce in e-Commerce (M.Com in e-Commerce) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 10,000 to INR 2,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
An M.Com in Taxation is a 2-year postgraduate degree program that is focused on taxes and all commercial operations related to it such as direct taxes, properties and income taxes, tax auditing, tribunals, acts and statutes involved in taxation etc. This course provides in-depth knowledge to students in this niche of commerce through which successful careers in accounting and taxes can be developed in the private and public sectors. Well-paid jobs can be explored after completing this course.
Here are further details about an M.Com in Taxation.
Course Name | Master of Commerce-Taxation (M.Com in Taxation) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 10,000 to INR 1,00,000 |
Important Subjects |
|
Top Institutions Offering the Course |
|
Masters of Commerce in Fintech or Financial Technology, is a 2 year postgraduate degree program that is a fusion of the financial management aspects of commerce and the technological advancements of the IT domain. This course specialisation focuses on the use of various technological tools and softwares for financial management, analysis, operations etc. This is a potent field in commerce and is budding in India with the rising involvement of technology in the finance sectors.
Here are further details about the course.
Course Name | Master of Commerce-FinTech (M.Com in Fintech) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
|
Course Fee | INR 30,000 to INR 1,10,000 |
Important Subjects |
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Top Institutions Offering the Course |
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Having discussed all major M.Com courses and specialisations, another appealing course to take up after graduation pertaining to commerce is Masters of Business Administration (MBA). An MBA is a postgraduate management course and can be taken up by commerce students with or without a mathematics background. This course offers many specialisations to students related to commerce and commerce graduates can elevate their career further by completing this course.
Some of the most useful MBA specialisations for commerce graduates include those like financial management, entrepreneurship, business analytics, banking and finance management, marketing management, digital marketing management etc. The job scope for a commerce graduate with an MBA qualification increases manifold, as they are now eligible for mid to top level management positions as well. So an MBA after completing a commerce degree can give the much needed boost to your career.
Here are more relevant details about an MBA course.
Course Name | Master of Business Administration (MBA) |
Course Duration | 2 Years |
Specialisation or General | Specialisation |
Minimum Eligibility |
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Course Fee | INR 1,00,000 to INR 26,00,000 |
Popular Specialisations |
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Top Institutions Offering the Course |
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As already listed above, there are an enormous number of courses in commerce which can be taken up by students and professionals at various levels, and all of such courses also offer great placement scope to students. Commerce is one of the key domains of any business and commercial venture, and in a fast-paced economically-driven world, the job scope and career prospects of commerce are only to grow.
There are diverse job arenas into which a commerce student can venture, and depending upon their level of qualification, they can get placed in mid to top job positions. The salaries and compensation offered in the field of commerce are considerably high, and even freshers entering the job domain can get at starting packages ranging from 2 LPA to over 10 LPA.
Top companies, financial firms, banks, MNCs, public sectors etc. appoint commerce graduates at various job roles, some of the top ones among them have been listed here.
Job Position | Average Salary Offered in India |
Actuary | INR 10 LPA |
Chartered Accountant | INR 8 LPA |
Cost Manager | INR 5 LPA |
Corporate Banker | INR 15 LPA |
Financial Analyst | INR 8 LPA |
Financial Risk Manager | INR 10 LPA |
Banker | INR 4 LPA |
Investment Banker | INR 12 LPA |
Financial Consultant | INR 7 LPA |
Sales Manager | INR 8 LPA |
Certified Financial Planner | INR 7 LPA |
Budget Analyst | INR 15 LPA |
Product Manager | INR 15 LPA |
Investment Analyst | INR 15 LPA |
These are some of the top job domains for graduates who complete a course in commerce (varying as per the level of education attained) can grab. Apart from working in a full-time job, such students can also venture into entrepreneurship or family businesses. A less popular option is to venture into higher education so that one can teach in top colleges and universities of commerce and economics.
So, the career scope in commerce is not only vast, but also well-established and constantly evolving.
If you are someone who is looking for a job in commerce, here we have listed some of the top private and government sector companies and banks that hire commerce graduates. This includes multinational companies, corporate giants, banks, financial firms and private companies.
Some of them have been listed here.
Capgemini | WIPRO |
Amazon | Infosys |
Goldman Sachs | Bosch |
State Bank of India | Bandhan Bank |
Kotak Mahindra Bank | HDFC Bank |
ICICI Bank | Tata Consultancy Services (TCS) |
Deloitte | Cognizant |
Accenture | KPMG |
Genpact | Bajaj Fincorp |
J. P. Morgan and Chase | Reliance Industries Ltd. |
Now that you know all the basics about commerce and the various courses available in commerce, considering whether this is the suitable field for you and why it is worth pursuing, is a good note to end upon. Here we have listed the top advantages of pursuing an education in commerce for you:
So, there are many benefits of taking up a commerce course, whether after class 10th education, class 12th education or after graduation or as a professional. Upskilling and updating one’s skills in commerce is also very useful for developing a successful career in commerce.
Commerce is a field ripe with opportunities and areas of study to select from, and thus it is one of India’s most popularly chosen streams of higher education. There are a large number of UG, PG, professional and diploma courses in commerce that cater to the varying academic and professional needs of students. One should choose the course based upon their aptitude and interest domain and can work further to develop a prosperous career in the field.
The best course to take up in commerce after class 12th is a Bachelor of Commerce (B.Com) which is a 3-year undergraduate course focusing on the various foundational as well as specialisation areas of commerce. Depending upon your aptitude and area of interest, you can further take up the relevant specialisation within the course itself. A B.Com course has a good career scope as well.
M.Com is undoubtedly one of the most popularly chosen and useful PG courses in the domain of commerce for graduates as it offers a variety of specialisations and helps in successfully elevating the career of students who wish to venture into fields related to commerce.
B.Com program can be a better option for you if you want to develop a strong foundation in all areas of commerce or if you wish to keep your career options for various fields open. On the other hand, if you have a chosen specialisation area which you want to venture into and want to develop comprehensive knowledge of a specific domain, then a B.Com Hons course is the better choice for you.
The average course fee for a B.Com Hons course in India ranges from INR 5000 to INR 4,00,000 depending upon the university you choose to take the course up from.
You can take up courses like B.Com Hons, B.Com program, BMS, BBA etc. if you do not have a commerce background.
There are a large number of degree, diploma and certification courses in commerce that can be completed online. Many online universities and colleges offer an online B.Com, online M.Com, PG Diploma courses in commerce and trade, as well as MOOCs in commerce domains.
The professional courses in Chartered Accountancy (CA) and Company Secretary (CS) are very popular and highly paid in the domain of commerce.
Some of the highly paid job domains in commerce include company secretaryship, investment banking, auditing and taxation, chartered accountancy etc.
Having mathematics at the 10+2 level is not compulsory to take up B.Com (Hons), so you can apply to this course even if you did not have mathematics as a subject. However, some universities or colleges might make it compulsory for the candidate to have mathematics as one of the subjects in HSC.
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