allstuffhacks1

[allstuffhacks1]

Top Highest Paying Jobs for Commerce Students in India

Chartered Accountant: The chances are high that you are familiar with the Certified Accountancy professional course if you work in the sphere of commerce. A person is designated as a chartered accountant by the Institute of Chartered Accountants of India (ICAI), a statutory organization, after passing a set of tests and an internship. It is among the most well-liked careers in the commerce stream. As a CA, they are capable of managing a company's crucial accounts and guaranteeing accurate recording and calculation of the funds. Being a Chartered Accountant is one of the highest paying careers available to students of commerce in India, and most of them aspire to become one. As a starting salary, a CA can anticipate earning between Rs. 7 and Rs. 8 lakhs annually. For commerce students, it is one of the highest paying careers. As a CA gets more skilled, this number rises. The CA exams, however, are thought to be among the most difficult, hence many students avoid taking them. Even if preparing needs, a great deal of effort, this business task does pay off in the end, and the less attempts, the better the income.

         HOW TO BECOME A CA?

         After completing your 12th year of commerce, becoming a CA is a difficult road that could take years to complete as you attend other professional courses. Candidates' must earn a diploma from the commerce stream. After finishing grade 12, one can apply for the CA Foundational Course, however most people choose to finish their undergraduate degrees first. After submitting an application for a foundation or intermediate course, a candidate must proceed through additional steps in order to be hired and to be considered for other job openings following the listing of 12th-grade commerce courses with salaries.

Investment Banker: Students of commerce study and work with money, as was previously mentioned. Therefore, they are seen as the people who can best explain how any business or regular person can handle their money or savings. An investment banker's job is to give different businesses and organizations financial guidance and recommendations so they can use their resources most effectively and achieve their financial objectives. For commerce majors, it is one of the highest-paying careers. Investment bankers often serve as capital market advisors to firms and governmental entities in the context of financial institutions. As one of the more well-known positions in the commerce stream, the main duty is to provide a wide range of additional financial consulting services while also raising funds for clients in the capital markets. In addition to helping determine how much various financial instruments should cost, they offer assistance to businesses and organizations in crucial and difficult financial concerns. Most businesses establish their short-term and long-term financial plans with the aid of investment bankers.

How To Become an Investment Banker?

Following high school, these occupations in business require more experience than degrees. Consequently, put some effort into your career. Obtain your first degree by graduating with a commerce major from an accredited university. Send an application for a master's in the chosen field of study. To advance your career for jobs following your 12th grade in commerce, obtain various skill-based certificates and diplomas. Slowly move closer to your goal of becoming an expert in this area by working for reputable organizations through internships and positions.

Chartered Financial Analyst: The highest certification in the field of investment management is the chartered financial analyst designation. With a salary of approximately Rs. 6 to 7 lakhs per year, CFA is among the highest paying careers in India for business undergraduates. One of the most well-known careers in business is CFA, and a CFA performs a variety of tasks including credit analysis, financial advisory, equities, and fixed income analysis. Candidates for the CFA credential must successfully complete three tiers of tests covering a range of topics, including economic, accountancy, managing money, security assessment, and ethics. Candidates must also have a bachelor's degree and a least of four years' experience professional experience. Given the numerous exemptions available to CAs, they may have an edge in the CFA exams. There are employment prospects for Chartered Financial Analysts at banks, insurance firms, investment firms, financial institutions, and even MNCs. A Chartered Financial Analyst's main responsibility, as one of the more well-known commerce stream vocations, is to pinpoint both profitable investments for their organization and risky ones that their clients should steer clear of. To evaluate the risks and returns related to various investment vehicles, they collect information from various sources and analyze it. With a salary of roughly Rs. 6–8 lakhs per year, the CFA is one of the highest-paying careers in India for business undergraduates.

How to become a Chartered Financial Analyst?

The first step to become a certified financial analyst is to enroll in the CFA program, which consists of a three-part exam designed to assess candidates' knowledge of investing, corporate finance, and wealth management basics. To improve your résumé and get job prospects, gain as much experience in the industry as you can.

Certified Public Accountant: The American Association of Certified Public Accountants, or AICPA, administers the CPA program, which is comparable to Chartered Accountancy. So, CPA has appeal on a worldwide scale. A bachelor's degree in centralized management and 150 hours of instruction are required for those who want to become CPAs. All applicants must succeed on a four-part test. CPAs do company's financial audits and provide a broad range of certification services to provide a comprehensive assessment of an organization's financial health. They provide families and businesses with tax and financial planning help. CPAs can advance through the ranks of public and private sector accounting to hold leadership positions like chief financial officer. (CFO). A CPA manages the accounting, auditing, reporting, and tax preparation for particular clients and organizations. It is one of the top careers in the commerce stream that may provide you with stability. To enroll for the CPA exam, you must hold a degree in business or accounting, and you must then pass the test. A CPA can earn between Rs. 7-9 lakhs annually, making this one of the top earning careers for commerce majors.

How to Become a Certified Public Accountant?

After finishing professional courses after completing your 12th grade in commerce, you must graduate in order to be eligible for the CPA exam. Candidates for the position of a Certified Public Accountant must hold the CPA qualification and 150 hours of work experience to qualify for the CPA license.

Actuary: A particularly prestigious designation for professionals is "actuary." Actuaries are professionals that evaluate the risks associated with the insurance sector. The company may be exposed to risks like property damage, disability, or other occurrences. They are professionals in managing risk who utilize mathematics to calculate the likelihood of future occurrences and forecast the financial impact they will have on their clientele and the economy as a whole.A student of actuarial science should have a foundation in Economics, Business Management, Financial services, in addition to a mathematics background. Actuary is one of the top commerce stream careers and thus it is primarily in the analytical field. Actuarial work is not only varied, but also quite gratifying. While many actuaries work full-time for investment banks, insurance firms, and other financial institutions, actuaries can also operate independently and serve as consultants for a range of enterprises and organizations. Therefore, as an actuary, your job options will go beyond only working for banks. Actuaries can find employment prospects in non-financial sectors like property investment, healthcare, etc. because all industries have potential hazards. A minimum annual salary of 9 to 10 lakhs can be earned as an actuary, making one of the top earning careers for commerce majors.

How to become an Actuary?

In India, becoming an Actuary is a difficult procedure that calls for students to master more than just concepts from the commerce stream. Candidates need to have PCM in their choice topic of commerce and a bachelor's degree in business administration, statistics, math, or actuarial science. To become an Actuary and get various positions after finishing their 12th year of commerce, applicants must pass the Actuarial Common Entrance Test (ACET).

Cost Accountant: One of the most popular careers in business in India is cost accountant. Analysis of profitability and creation of budgets are the two main objectives of cost accounting. Financial experts known as cost accountants assist with budget creation, asset and cost management, and performance evaluation of businesses. Manufacturing companies typically hire them. The true expenses involved in producing a something or providing a service, as well as those related to doing so, are determined by cost accountants. For this reason, they carefully examine all of the related costs incurred along the supply chain to determine which goods and services, procedures, and divisions are now the most and least successful. Basically, the job of a cost accountant is to collect, verify, analyze, and communicate data in order to promote financial transparency and streamline procedures. They collaborate with other members of the executive team to develop the company's financial plan and provide reports to shareholders and tax officials. A cost accountant's starting compensation is roughly Rs. 5 lakhs per year.

How to become a Cost Accountant?

Cost accounting positions beyond the 12th grade demand a fundamental graduating degree in the area. Later, candidates can submit applications for the Foundations, Intermediate, and Final ICMAI exams. By becoming a Cost Accountant, one must pass all exam levels and have several years of job experience.

For any further admission related queries for commerce visit this website (https:/tapasyaedu.com/).

[allstuffhacks1]

Top BBA Course Specialization in India

Introduction:

Getting a business degree after graduating from high school is a classic! It is that one course that you may pursue regardless of your experience and have an opportunity to explore several career alternatives based simply on your curiosity rather than any forced responsibility. You can still have a highly lucrative job! What could be better than a diverse, adaptable degree that leads to high-paying positions and excellent industry connections? One of the key advantages of a BBA degree is that it offers up a myriad of chances based on your interests in various specialties and disciplines. If you intend to pursue an MBA, BBA is one of the best degrees to get after finishing 12th grade, and it serves as the foundation for all future management courses.

While there are certainly more than 20 specialties in BBA, the following are some of its most popular, ageless, and in-demand specializations that will undoubtedly earn you your dream career!

Top BBA specialization List in India:

 Business Analytics: Analytics, big data, machine learning, knowledge discovery, data science, and data mining are all topics covered in this discipline of business administration. This subject is now trendy since it provides firms with a boost in terms of expansion, profit monitoring, and income generating via beneficial internal and external information. This discipline is all about using business information to make informed and predictive judgments.

Travel and Tourism Management: This is one area where a business degree nicely complements the interests of individuals who like travelling. They not only seek interesting and adventurous employment chances, but they also get to explore worldwide opportunities without sacrificing their enthusiasm. Students who pursue this degree have several advantages, including flexible work hours, competitive pay, and fringe benefits. Going for this course specialty might be a great career choice, especially in today's ever-growing and dynamic business market.

International Business: Going for a specialization like international business makes a lot of sense for business hopefuls in this age of globalization and peak progress. This degree will allow you to do business on a global scale, allowing you to learn about worldwide commerce, taxation, and accounting regulations in relation to your own. Some of the advantages of pursuing a BBA in international business include a high pay scale, strong growth and networking prospects, a worldwide professional path, and the opportunity to travel the world.

Computer Application/ Information Technology: This is a tendency that will continue in the future. It represents the future. This specialty will teach you how to create computer algorithms, applications, and programs. Furthermore, with a BBA degree and computer experience, you will be supervising development teams. This degree is perfect for students looking to work in the IT business. It is one of the world’s fastest-growing sectors, as well as one of the highest-paying professions.

Banking and Finance Management: This BBA concentration is designed for students who are passionate in banking, finance, accounting, analytics, and all things numerical. Because money is an essential aspect of every business, this specialism is the fundamental functional branch of any corporation. Pursuing this job implies preparing for a highly advanced and rewarding career in top-ranking firms in India and Internationally.

Entrepreneurship and Family Businesses: Why work for someone else when you can establish your own business? This specialty prepares you to establish your own business. The student's study all there is to know about starting a business from the bottom up, as well as the rules and regulations that must be followed. This is great for students looking to join and build their family companies or create their own.

Hospitality and Hotel Management: This is one of the most expanding sectors, particularly in emerging countries like India. As a result, this degree is an excellent specialty to have. This specialty will teach you everything you need to know about the difficult hotel sector and its distinct customer-oriented company. You can also get job abroad if you complete this degree at the correct college. The salary may not be as high at first, but it will increase over time.

Human Resource Management: This is one of the most often pursued specialties. Human Resource Management is an essential component of every business; they are responsible for ensuring that the firm works smoothly and that its workers are satisfied. Human resources are concerned with controlling organizational structure and bridging the gap between employees and management. With this degree, you’ll be able to work in middle management. Your compensation will vary depending on the firm and industry you work in, but most HR professionals make a respectable living income with excellent benefits and prospects for advancement.

Marketing Management: Most businesses create and sell things or provide services in order to sell them. To do so, they must advertise them. This is where a marketing department comes in. With this degree, you will be able to obtain an execute-level position in the marketing department. If you want to have a great profession, you must have strong people and sales abilities. Marketing executives earn a good living. This is a position that demands you to work both on and off the field. Aside from that, marketing professionals enjoy other perks and bonuses.

Sports Management: This is one of the newer specialties, but it has the potential to become one of the most significant and profitable sectors. Students who get this degree have the opportunity to manage athletic events, sports team, athletes, merchandise, and more. Because this is a relatively young business, the potential for a good living and a long-term career is high.

Business Accounting and Insurance Management: If you enjoy numbers and computations, this is the specialization for you. Accounting along with finance, is one of the most critical components of running a business. Knowing the company’s profits and losses allows them to plan and the necessary taxes to the government. Furthermore, several extra accounting courses will help to boost your resume and provide you with numerous prospects for advancement.

Supply Chain and Inventory/ Logistics Management: Supply chain management is another popular course that deals with the complete work-in-flow process of the firm, from the manufacturing/origin stage through the final delivery stage. A career in this industry is promising since its products future-ready workers capable of dealing with complicated business operations such as planning, production, distribution, and analysis. BBA graduates with degrees in supply-chain and logistics management make excellent supervisors and earn well.

          Admission to Bachelor of Business Administration programs may be a strong move for those seeking a career in management. Several private and public universities provide admittance into full-time BBA programs with single or dual concentrations as well as the most up-to-date course curricula that provide considerable industry insights. Top management schools in Delhi NCR and throughout India are working hard to admit as many students as possible and provide them with opportunities to grow and thrive in their professions. In this post, we have highlighted the best 12 BBA specialties in India from which you should select to land your dream job.

For further any reference refer this site {https://tapasyaedu.com/}

[allstuffhacks1]

Why Choose MEC after 10th Class?

After graduating from class 10, a lot of students decide to pursue jobs in finance, economics, accounting, business and management, etc. In order to select related courses for further study, MEC group helps students acquire essential knowledge of subject principle.

MEC, which stands for Mathematics, Economics, and Commerce (three of the core topics in commerce), Several courses and programs are available for students who are interested in these fields to enroll in after high school or graduation. These MEC courses give commerce students more career options.

For a top-notch education that will open up a variety of professional prospects for you, study MEC in the 12th grade curriculum. In order to show you the right path to take, we gathered a lot of information about MEC courses and listed courses that are pertinent to the MEC group of subjects in the modules below.

MEC Scope for further studies:

Many students choose to pursue careers in finance, economics, accounting, business and management, etc. after graduating from class ten.

MEC Group helps students learn the fundamentals of their chosen subjects so they can later select courses for additional education that are related. At the undergraduate level, they can also enroll in professional programs like LLB, CA, CS, ICWA, CFA, CPA, CIMA, BBA, BBM, and so on. At the postgraduate level, they can pursue MBA, M.com, MA, LLM, and other programs. The best thing about picking the MEC group after tenth grade is the wider range of career options it offers students, including in business and management as well as computer applications, information technology, finance, accounting, marketing, and other fields.

MEC Course Details:

Each MEC group topic is related to and connected to one another. Each makes a professional contribution to the expansion of the economy.

Students are aware of the macro- and microeconomic principles that support and control our economy.

Students who study commerce in their undergraduate and graduate programs have a comprehensive understanding of legal business and trade activities.

Students can pursue further courses in Economics, Commerce, and Mathematics through a number of MEC group disciplines.

MEC Subjects:

The Commerce and Arts Stream offers a wide range of MEC Courses in subjects like mathematics, economics, and commerce.

 The best MEC courses available after Intermediate or 12th grade are as follows:

It is one of the most popular streams after the tenth grade since it gives students access to a variety of job opportunities, including those in accounting, marketing, business administration, management, information technology, finance, and computer programming.

After completing MEC subjects, students can pick from a variety of graduate-level courses in mathematics. Among them are the BBA, BMS, BCA, BBS, BBE, and B.COM degrees. In addition, students have the option of pursuing honors degrees in fields like BA English Hons., BA Mathematics Hons., and BA Economics Hons.

The advantages of picking MEC themes are increased by the option for students to graduate with an art course.

Students' access to the three fields of commerce, the arts, and education & training is primarily increased.

Additionally, those who study these subjects have a thorough awareness of the business world.

[allstuffhacks1]

BBA (OR) Bachelor of Business Administration

What is BBA?

One of the most well-liked bachelor's degrees is the BBA, or bachelor of business administration. This degree program focuses on business, corporate, or organizational management. You receive instruction in business-related skills, in-depth business knowledge, and all the complex facets of managing a firm. One of the top professional degrees available is this one, which is well-liked among 12th graders.

 There's a myth that a BBA is only useful if you want to pursue an MBA. The fact is that a BBA degree alone has a lot of value, and many who earn one after college find themselves in a position to pursue rewarding careers. This degree offers much more than simply a launching pad for an MBA.

BBA Course Highlights:

Full form- Bachelor of Business Administration.

BBA course level- Bachelor degree.

BBA duration- 3 years.

BBA Eligibility- 12th pass from a recognized board of education.

Admission process- Entrance exam based/Merit based.

BBA average course fee- BBA fees in India ranges 1 lakh to 2.5 lakhs.

BBA examination type- Semester.

BBA average starting salary- salary ranges for BBAs is 2 lakhs to 5 lakhs.

After BBA top recruiting companies- Hindustan Unilever, ICICI, Microsoft, TATA Consultancy Services, IBM, Banking industry.

Job opportunities- Marketing executive, HR Manager, Research & Development Manager, Sales Executive, Accounting Manager.

Top Reasons to study BBA:

Here are some benefits why you should choose BBA degree:

Wide knowledge Base: The BBA program offers in-depth training in all facets of managing a business and was created by industry professionals. BBA adequately prepares you in terms of branding and marketing a good or service to the customers.

Personality development: This is what distinguishes BBA from other graduate programs. BBA students are also taught how to build their personalities. During the course, you will learn about public speaking, leadership, soft skills, and other topics.

Career Opportunities: Following graduation, you can enter the professional world as a trainee manager or in other administrative jobs. You will also receive a competitive starting salary and benefit package.

Professional Degree: The greatest bachelor's professional degree is believed to be the BBA. There are various management degrees available, but the BBA is preferred by both business professionals and students.

Networking Opportunities: Your classmates will be working in a variety of industries. As a result, this develops into a powerful professional network. This network allows you to discover or offer jobs. A robust network is a tremendous benefit.

Future Scope of BBA in India:

Many students make the mistake of enrolling in a course solely for the sake of enrolling. Students that are serious about their future, on the other hand, will select the BBA program since it offers a wide range of opportunities both professionally and personally.

A BBA degree allows you to work in any sector of your choice. If you prefer retail, you can work in retail; if you like banking, you can work in banking. This training will help you develop as a confident, healthy individual who is also an excellent leader.

BBA Admission Process in India:

SET- SET stands for Symbiosis Entrance Test. Symbiosis International University administers the university-level test. It is generally regarded by symbiosis institutes.

IPU CET- Many colleges consider the IP University Common Entrance Test for BBA admission, as well as other 60+ undergraduate programs, postgraduate courses, and research courses.

AIMA UGAT- The AIMA Undergraduate Aptitude Test is a national-level admission test that is accepted by the majority of BBA institutions. This test is also used for many other undergraduate degree courses.

Direct Admissions- Many institutions also provide direct admission to BBA programs. They just take into account your 12th standard percentage score. However, in order for your BBA degree to be legitimate, you must check that the college is AICTE authorized.

Salary after BBA in India:

BBA is a professional program focused at management and administration, your entry-level occupations will eventually lead to management and administrative roles if you achieve the necessary experience. However, these entry-level positions also pay well, far more than most bachelor's degree professions. In India, the beginning wage range for BBAs is INR 2 lakhs to INR 5 lakhs per year. Salary and perks improve significantly with experience and advancement.

BBA Specialization in India:

During your BBA degree program, you will be required to select specializations, just like you would in other undergrad courses. These courses will determine your job path after graduation. As a result, ensure that you are aware of all of them and select the appropriate one.

Digital Marketing: Traditional marketing is dying, and digital marketing is taking its place. This specialty teaches you how to sell your company's products and services online by developing and implementing strategies, building brands, utilizing social media, and more.

Human Resources: Employees are a company's most valuable asset, and human resources is all about managing and keeping them satisfied. You will learn how to acquire, manage, and retain people for the firm in this specialization. You also play an essential role in the company's organizational operation.

Business Analytics: This specialization allows you to use software to analyze business data. Business analytics is the process through which most firms analyze their data in order to develop business plans for the future. Business analytics professionals make a good salary since they have a key role in an organization's management.

US CMA: This specialty is associated with managerial accounting. Accounting is far more thorough and in-depth than management accounting. The US CMA certification specialization is a globally recognized certification that opens doors to international employment in multinational corporations.

Logistics Management: Supply chain and logistics are like the company's blood flow in product-based businesses. In this specialization, you will learn how to manage logistics and the supply chain to ensure that the company's products are manufactured and supplied in accordance with demand.

If you need any further assistance then visit this website (https:/tapasyaedu.com).

[allstuffhacks1]

Career prospects after MBA in Finance:

What to do after getting an MBA in Finance: It's safe to say that the specialty in finance is one of the most popular ones. The majority of MBA candidates choose it, mostly due to its alluring job prospects. Paying positions with exponential growth potential are promised by an MBA in finance. Graduates receive a mix of management and financial expertise as a result. What kind of employment options are there for those with a finance MBA? The purpose of this article is to go into further detail about the prospects and abilities needed to pursue certain occupations.

Money management is at the core of the career options after an MBA in Finance. Pursuing a finance specialization from a renowned business school opens the door to exciting career prospects. To list a few:

Investment Banker: Among MBA graduates, a popular professional route. You can only get the necessary skill set and business savvy from an MBA if you want to take on this position. Investment bankers work in mergers and acquisitions, corporate restructuring, trading, and providing strategic consulting to major organizations. They also raise funds by issuing securities.

Private equity: Another profession that needs strong business judgement and a passion for investing. Private equity firms purchase privately held businesses with the intention of enhancing their value over time in order to ultimately sell the business for a good profit. A few crucial talents are commercial understanding, financial modelling, and knowledge of certain sectors.

Management Consultant: A job that the majority of students at business schools want to pursue. Although having an MBA is not a requirement to work in consulting, it might make it simpler to enter the field and advance more quickly. The essence of consulting is problem-solving for firms to enhance company performance, which unquestionably calls for abilities like executive leadership, corporate strategy, and effective communication.

Corporate Finance: The goal of corporate finance is to use a company's financial resources as efficiently as possible. It might entail judgments about dividend distributions, raising money, managing financial resources, capital structure, and making important investment decisions.

Entrepreneurship: Many MBA graduates are interested in starting their own firm after learning essential management knowledge and key financial abilities. An MBA equips individuals with the abilities needed to form their creative ideas. Additionally, a finance MBA gives students the tools they need to manage their own finances. This is a lethal mix of skill sets to reduce expenses during the early phases of an endeavor, therefore graduates who choose this path are in luck.

Equity research: a position that entails conducting extensive market research, in-depth analysis of several companies, and report writing. To pursue this vocation, one has to have strong analytical financial abilities as well as up-to-date knowledge of market developments. The ability to manage one's own portfolio or fund is possible as one advances in this field. The key to this position is having analytical abilities to fully comprehend a company from its financials.

Corporate Banking: Selling banking products to companies is a subset of investment banking. Among the offerings are mergers, risk management, and liquidity management. There are a ton of options here; one may create a financial product or work as a relationship manager up front to market these items to businesses.

Compensations/packages:

Your career will advance in terms of both prospects and pay with an MBA in finance. The fact that it is the most popular concentration is mostly due to the compensation after graduation. After earning an MBA in Finance, the typical annual pay is close to 7 lakhs. At entry-level positions, an MBA in Finance from a prestigious business school may expect to earn an average salary of more than $20,000. A financial specialty will surely lead to a very profitable future. The highest compensated profession among the aforementioned ones is investment banking.

Summary:

You may have the best of both worlds with an MBA in finance: a stable position with a good salary. The high price for an MBA is justified by the competence it provides, and the need for workers with the financial acumen necessary to keep businesses operating offers stability. When you pair this with appropriate experience, remuneration packages soar. An MBA in finance can also assist you in managing your money and securing your financial future.

 Your opportunities will increase, and your growth will occur more quickly if you establish a strong network and connections in the financial industry. Your career will advance, and you will be noticed by major corporations if you have an MBA in finance.