Commerce is one of the three fundamental academic streams, the other two being Humanities and Science. Concept of commerce consists of a wide range of interdisciplinary branches including Accountancy, Business Studies, Economics and Mathematics. Since the Indian economy is one of the fastest growing economies among the third world countries, the need for talented professionals, who can contribute towards the growth of the economy, is increasing. To serve the purpose, many commerce colleges in India are imparting quality education. A commerce aspirant can pursue a course related to the field at any of the colleges and work in organizations that deal with finance and commerce.
Anyone who clears 10+2 level examination in commerce stream, from any recognized State/National Board, can pursue Bachelor of Commerce (B.Com.), a three-year full time program and thereafter Master of Commerce (M.Com.), at the postgraduate level from any recognized university. Apart from this, one can opt for any graduate degree course in any other discipline like Economics, Statistics, Psychology, Philosophy, English etc. from any recognized university. After a three-year full time program, Masters can be opted in the same program like M.A (Eco.), M.A (Stats), M.A (Psychology), M.A (Philosophy), M.A (English) etc.
Special Education, B.Ed., B.Lib.sc. are great attractions for girls in which they can further pursue post graduation (M.Ed. and M.Lib.Sc.) and choose their career in schools and colleges.
Students can now opt for job-oriented vocational subjects at the first degree level available in selected colleges affiliated to many universities, like Computers, Certificate in secretarial practice, Travel & Tourism, Journalism, Education (DIET), Insurance, Art, Media, Advertising, Mass Communication and can opt for a career in the same field etc.
Various professional courses like foreign languages , fashion Merchandising, Industrial Designing, Law, Bachelor of Business Administration, Financial Analysis, Computer Applications, Art, Teaching, Defence services etc. can also be opted for. The entry into these courses is through entrance examination. So, a student can also choose to appear for the entrance of Foreign Language (5 years), Hotel Management, NIFT, NID (NEED), Law (CLAT), BBA, BBS (SSCBS), BFIA (SSCBS), BCA (if passed 10+2 with mathematics), Fine Art, B.El.Ed., NDA (for boys), SAT/TOFEL etc.
CA, CWA, CS etc. are commonly opted professional courses by the commerce students. Although Chartered Accountancy , Cost Accountancy or Company Secretaryship course can be taken up after 10+2 (after successfully completing the foundation Courses) only a small percentage of those who take the examination get through. It may, therefore, be wise to obtain the basic B.Com. degree first.
Choosing a career in Management Studies also opens a wide range of employment avenues with specialization in HRM, Operations, Research Management, Rural Management, Disaster Management, Event Management, Marketing Management, Management consultancy etc.
Brilliant and hard working students can always aim at higher order services like Civil Services, Indian Economic Services where they can really contribute to Mother India.