Commerce is a branch of business and management that incorporates business and accounting into its fold. Commerce degrees are designed to provide multidisciplinary expertise and critical skills for the modern business environment. It assists learners with gaining expertise in ensuring that a company operates efficiently in terms of marketing, economics, and management. Commerce degrees demonstrate their flexibility by giving students the option of studying with or without Mathematics.
Commerce courses are commonly offered at the undergraduate and postgraduate levels of study. However, some universities offer diploma and certificate courses for students or professionals seeking to add this degree to their list of qualifications.
The various study levels at which a student can pursue a degree in Commerce include:
Bachelor of Commerce (B.Com)
Bachelor of Commerce and Administration (BCA)
Undergraduate Diploma (UGDip)
Master of Commerce (M.Com)
Master of Commerce and Administration (MCA)
Master of Law (LLM)
Master of Philosophy (M.Phil)
Doctor of Philosophy (P.hD.)
Postgraduate Diploma (PGDip)
There are also certifications approved by the Institute of Chartered Accountants to highlight the purpose of expanding knowledge and skills. The Chartered Certified Accountant, Certified Financial Planner, Certified Management Accountant, Certified Public Accountant, Chartered Financial Analyst are some of the highly regarded certifications.
To pick a specialisation course in Commerce one should first choose an interest and career plan. Following this, they can go on to choose the course that concurs well with their future possibilities. The following are the different specialist areas that are tailored to form a flourishing profession for the students.
Students can choose to specialize in areas like:
Accounting and Finance
Banking and Insurance
Computer Applications and e-Business
Human Resource Development
Careers in Commerce usually include roles in management, trade, finance, law, and logistics. However, if students study to their full ability they can have a whole lot of interesting roles to work in, within other areas as well. A Bachelors Degree is primarily suitable for entry levels positions; however, a Masters Degree can put imminent students in senior-level roles. Advanced certifications can likewise have a significant influence on career prospects because they help understudies or working professionals in career advancement.
As trade is key in our day-to-day operations, graduates in commerce can easily find positions in corporations, small businesses, non-profit organisations, banks, outsourcing, insuring, audit and consulting firms, governmental agencies, or in the e-commerce industry.
- Listed below are some of the common job roles in this field:
Accounts and Finance Executive
Certified Public Accountant
Chartered Financial Analyst
Corporate Banking Executive
Credit Control Manager
- Finance Manager
Personal Financial Advisor
Treasurer and Finance Officer