One of the most flexible routes in education is commerce, which gives one plenty of recourse to finding well-paid jobs later on. In high school, students often choose commerce.to get an easy and stable job. But the diversity of options can sometimes make it difficult to know which direction to take.
From financial services to management, commerce offers opportunities that can lead to
well-paid jobs worldwide. In this blog, we will discuss some of the high-paid jobs.
for commerce students, so that after the 12th, they have a clear understanding of careers
prospects.
1. Chartered Accountant (CA)
It is generally considered that doing this course is perhaps one of the most prestigious and
esteemed choices nowadays. Everywhere, CAs play a pivotal role in managing a company’s
finances, providing valuable services such as auditing, taxation advice, and finance guidance.
The exams administered by the Institute of Chartered Accountants of India (ICAI) are said to
be tough, but clearing them opens the door to all sorts of increased opportunities and
benefits for people who are determined enough to stick with it over the long term.
The pay for a Chartered Accountant is not exactly modest either: at the entry level, it can
range between INR 6 lacs and INR 8 lakhs, and with experience, it can go as high as 25 lacs
for some people.
2. Investment Banker
Investment banking is one of the highest-paid jobs in commerce for students interested in
finance and global markets. As a functionary of the market, investment bankers play a vital
part in winning financing for companies, managing acquisitions and other mergers, and
providing consultancy services of a financial nature.
A junior investment banker can expect to receive between INR 8 and 12 lakhs a year as his
starting salary. A senior professional might be paid in crores. Investment banking demands
an ability to do solid economic analysis. An individual who has acquired some specialized
Skills will be much in demand for his services. So an MBA (Finance) or CFA (Chartered
Financial Analyst) degree may help in entering this field.
3. Financial Analyst
Another potential job for business students who are good with numbers is as a financial
analyst. They help businesses decipher accounting or investment puzzles by analyzing
financial information and trends. These people make that critical analysis, offering tips to
companies on how best to spend their investments, where they might lop off funds, and so
on.
A new financial analyst might typically earn between 4 to 6 lakhs per annum, but with
experience and good qualifications like CFA, this can rise substantially. The prospects for
career growth in this field is excellent, and potential pay goes up with increasing
specialization and skill.
4. Certified Public Accountant (CPA)
Like the CAs in India, Certified Public Accountants (CPAs) are acknowledged throughout the
world and regarded as the most respected professionals in the field of finance and
accountancy. The CPA membership provides chances to work all over the world and
Earnings can be extremely high, particularly with experience.
In India, people with a CPA degree can make at least INR 7-8 lakh annually, whereas in
countries like America and England, this figure is comfortably higher. For those in the
For commerce streamers who want to work globally and earn very well, a CPA is a very good choice.
indeed.
5. Cost Accountant
The job of cost accountants, like budgeting, cost management, and financial planning, can
reduce costs for companies and improve their profitability. This is a must-have job in the
manufacturing industries, and with companies increasingly focusing on cutting their costs,
The demand for cost accountants shows no sign of abatement.
The starting salary is low at mainly INR 4 to 7 lakhs per year, but with some experience,
More than INR 8 lakhs annually can be earned.
6. Company Secretary (CS)
The Company Secretary (CS) ensures that organizations function within the law, manage
the governance of corporations, and check regulatory compliance. A CS exists primarily to
serve as a confidential adviser.
The salary for a company secretary can range between INR 5 to 10 lakhs annually at the
entry-level, and with experience, it can go up to INR 20 lakhs or more. A CS qualification is
highly valued in both the private and public sectors, making it one of the most attractive
career options after 12th commerce with a high salary.
7. Management Consultant
Management consultants offer strategic advice to businesses by handling major projects.
aimed at making everyone’s life easier with software or technological development.
Consulting can improve efficiency, help solve problems and ultimately make your enterprise
more profitable. Moreover, an MBA degree is often critical for this job. The salary in this
profession is very competitive. In general, entry-level consultants can earn around INR 6 to
10 lakhs per annum.
However, experienced professionals or those working with top firms may take home INR 25
lakhs and even more than that.
Conclusion
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