arvind tIn the era of globalization, the significance of commerce education has been increased manifold. Today, where engineering and medical education have its own prestige; similarly the commerce courses have different dazzle. Study of Commerce not only unlocks excellent avenues of career but alsoequips candidates with excellent business acumen, mathematical acumen, analytical skills and leadership skills. Today, in the era of economic liberalization where international trade is putting a profound impact on the global economy, this is where the significance of commerce education comes into the picture.
Since commerce education is closely linked to business, trade, and industry; therefore, it is the bedrock of an economy. Candidates who study commerce, they become proficient in optimum utilization of available resources. Besides, Commerce education has following advantages:
- Through, commerce education students are exposed to the environment of the business world
- Through, commerce education, students become aware of social, economic, and political problems
- Commerce courses like B.com and M.com are great ways for students to understand both the theoretical and practical aspects of business. Alongside, through lectures, seminars and group discussion, students acquire significant practical experience
- Commerce courses like B.com and M.com are employment oriented and today there is a great demand for B.com and M.com graduates in the corporate sectors.
- Commerce courses not only impart business specific skills, rather while pursuing the courses students develop transferable skills like excellent communication skills, negotiation skills, team work and time management.
Career Scope of Commerce: If you take admission in recognized commerce courses, then you can getgreat career scope after completion of the courses; which are discussing below:
Accountant:
This the most common career among the careers in commerce. An accountant is responsible to keep records of financial transactions, produce sales and cash-flow reports, keeping inventory etc.
Chartered Accountant:
After passing B. Com or M. Com course, students can become Charter Accountant (CA). This is one of the most coveted careers in commerce. The job responsibilities of a CA are Auditing, ITR filing, Accounts Finalization, etc.
Investment Banking Analyst:
Investment Banking analyst analyzes the market and help their clients to meet financial objectives. They make investment strategies and provide financial advice. A financial advisor decides what investments should be replaced to meet goals. There are numerous employment opportunities available for Investment banking analysts in banks, finance companies, etc.
Company Secretary: Company Secretary is also one of the most coveted and demanded careers in Commerce. A Company Secretary handles legal aspects, and documents of a company or firm. He or she works as a legal advisor of the board of directors and plays a major role in the corporate planning.