Commerce is a field for students who have an interest in financial information/transactions, trading of economic value, etc. Students often consider taking up Commerce after completing Class 12. Students who are looking forward to pursuing a career in Commerce have a wide range of choices before them.
Candidates can pursue the Commerce course at the undergraduate (UG), postgraduate (PG), diploma levels as well as at the doctoral level. UG level Commerce courses offered to aspirants include BCom, BBA, CA, CS, BBA LLB, BBM, BSc, etc. At the PG level, popular Commerce programs are MCom, MBA, MPhil, MSc, etc. Generally speaking, UG courses in Commerce are of three years duration whereas PG programmes are of two years duration.
Among the Commerce courses, students can consider choosing specialisations such as Accounting and Finance, Banking and Finance, Accounting and Taxation, Actuarial Science, Business Administration, Applied Economics, E-Commerce, Financial Accounting, Banking and Insurance, Human Resources, Entrepreneurship, Accounting and Auditing, etc.
Check out the eligibility criteria for pursuing Commerce below:
Candidates can pursue a UG degree in Commerce if they have completed their Class 12 or its equivalent level of education in the relevant stream from a recognised board
Candidates who have studied subjects such as Accounts, Mathematics and Economics, etc. are also eligible to apply
Candidates in Class 12 and awaiting the results can also apply
To secure admission in the PG level Commerce course, candidates should have completed their graduation degree in Commerce stream from a recognised college/university
Students must have secured a minimum of 50% aggregate or equivalent in graduation (it may vary from college to college)
Given below is the list of top Commerce entrance exams scores that are valid for admission to various institutes and universities:
List of Commerce Exams: ICAI, ICSI, ICWAI, CFA, DU JAT, SET, IPU CET, ACET
A field like Commerce offers a plethora of job opportunities. Students choosing Commerce as their field of study can opt for careers such as Business Executive, Accountant, HR Manager, Data Analyst, Marketing Manager, Investment Banker, Wealth Manager, Project Manager, Research and Development Manager, etc.
Students who wish to study Commerce in graduation must have completed Class 12 or equivalent with Commerce as a subject. Students who have studied Mathematics, Economics, and accounts are also eligible to apply.
Many Commerce courses are also offered at the post-graduation level. Students who wish to pursue higher studies in Commerce can opt for courses such as MCom, MBA, MA (Hons) in Economics, MBA in Banking & Finance and MCom in Accounting & Finance.
Yes, there are some entrance exams conducted by a few universities for admissions into their various Commerce courses. Students can appear for ICAI if they are planning to choose CA as their career choice, ICSI for Company Secretaryship, ICWAI for Cost Accountants, CFA for Chartered Financial Analyst.
The Commerce admission process includes an entrance exam, Group Discussion and Personal Interview. Many colleges and universities offer admission on the basis of merit only.
Companies such as SBI, Deloitte, KPMG, TCS, Microsoft, HCL Technologies, Hewlett- Packard, Reliance, Ernest and Young, etc are some of the top recruiters.
There are various colleges in the country that offer Commerce courses such as SRCC, Hindu College, MCC, Chennai, Christ University, Narsee Monjee College and Economics, etc.
Commerce courses at the UG level are of three-year duration and the Commerce courses at the PG level are of two-year duration.
Yes, many Commerce colleges provide placements to its students at the end of the course. To ensure, you get a placement, check whether the college you shortlist for admission has a placement cell or not.
Colleges such as Amity University, Annamalai University, MIT School of Distance of Education, Karnataka State Open University, Chandigarh University, Jain University, Periyaar University, Manipal University, etc. provide online Commerce courses.
S tudents can consider specialisations such as Accounting and Finance, Banking and Finance, Accounting and Taxation, Actuarial Science, Business Administration, Applied Economics, etc.