Career Options with Commerce


1. Asset Manager : Asset managers manage other people’s money by investing it into shares, bonds, government securities, futures and options. Their objective is simple – to make money grow as much as possible and as fast as possible.

Academic qualification: An MBA with specialization in finance from a premier institute is the ideal qualification.

You can enter into this field with CA , CFA, MFC and other related degree in finance.

Placement : Companies managing mutual funds, Asset management business of various banks, Private fund managers, Insurance companies.


2. Banker : Job profile of the banker might vary a lot depending on qualification and experience. The term banker generally means bank managers who are responsible for various business of the bank.

Academic qualification: An MBA with specialization in finance or banking. Or CA, CS, M.Com. MCA. With the graduation in any subject you can get a job as a probationary officer.

Placement : Government and nationalized banks.


3. Chartered Accountant  : A Chartered accountant is one who is specialized in accounting, auditing and taxation. They are entrusted with substantial responsibility under various legislations such as compulsory audit of the all companies, banks, stock brokers, big income-tax assesses, large bank borrowers, etc. Unless certified by a CA, a financial statement is not accepted by government authorities.

How to enter: CA programme is a professional course which has three sections namely, Common Proficiency Test (CPT); Integrated Professional Competence Course (IPCC) and Final Course.

The registration for CPT and IPCC is open throughout the year. A student may register at any time during the year. However, as the examinations will be held twice a year in May and November, it is necessary that a student must register at least ten months before the examinations.

After passing the Integrated Professional Competence Course (IPCC) candidates are eligible for registration as articled clerks/ audit clerks for practical training.

Computer Training Programme, ie 100 hours Information Technology is compulsory for the candidates who wish to register themselves as auditor clerk. Students can undergo this programme while pursuing CPT or IPCC.

Placement : Auditing firms, management and financial consulting organizations, Various corporate organizations.

For more details visit :


3. Cost and work Accountant : A cost accountant prepares and maintains detailed records and documents related to cost involved in manufacturing a product or providing a service. They aim to find out cost of outputs of an industrial or business process.

How to enter: The ICWAI examinations are held in three stages: Foundation, Intermediate and Final.

A candidate may appear for the Foundation examination after passing 10+2 examination. Graduates in any discipline are eligible for direct admission to Intermediate course of minimum of 18 months.

After this, a candidate is eligible for admission to Final Course, which takes a minimum of 18 months to clear it. Candidates passed in final examination with a minimum work experience of three years are eligible to become members of ICWAI..

Placement : CWAs are in great demand in private enterprises, government sector, banking & finance sector, developmental agencies, education, training & research sector as well as in service and public utility sector.

For more details :


4. Financial Analyst   : Financial Analyst is a person, who on behalf of his/her clients, analyzes and studies the financial data and further guides them about their investments. A financial analyst critically scrutinizes the details of the company, in which his/her client wishes to invest.

How to enter: To become a financial analyst, one can opt for a degree program in business, accounting, statistics, or finance at under graduate level or a business administration program at post graduate level.

In order to become a certified Chartered Financial Analyst, a person has to complete a three-year post graduate programme. This programme can be studied through correspondence.

It is conducted by the Institute of Chartered Financial Analysts of India (ICFAI). And on completion of the course one can become a member of the ICFAI.

The admission to this course is based on an entrance exam. This examination basically tests a candidate’s aptitude for the course. Fresh graduates and also students in the final year of the Bachelor Degree course are eligible for the admission test.

Placement : Banking, insurance, the corporate sector, companies dealing in finance and leasing. The Reserve Bank of India, the International Development Bank of India (IDBI), the Industrial Finance Corporation of India (IFCI) and the Indian Railways recognise the CFA programme and employ trained CFAs.


5. Company Secretary   : A company secretary is one who is responsible for efficient management of the corporate sector and act as an advisor in legal matter. He co-ordinates various departments of the organization, ensures compliance of company legislations and advises directors on statutory requirements of the company.

How to enter: The Institute of Company Secretaries of India (ICSI) regulates the profession of Company Secretaries in India. It offers a three-stage course to qualify as Company Secretary.

The Foundation Course is of 8 months that can be joined after 10+2 examination. After this, one can only be enrolled to the Intermediate Course, which is of 9 months. The last stage is the Final examination after which candidates required to undergo practical training. Thereafter candidates become eligible for Associate Members of ICSI.

Placement : Most of the qualified company secretaries can find well-paid positions in the public sector and corporate sector, banks and financial institutions, stock exchanges, company law boards and government departments.


For more details visit :


6. Forex Dealer   : Foreign exchange dealers can also be defined as any financial body or institution that has been given authorization from the Forex regulatory body to act as foreign currency exchange dealer, dealing with the trade of foreign currencies. They buy and sell foreign currencies either on behalf of a corporate client or behalf of the company they are working for. Dealing is done online and transaction of money happens between banks.

Eligibility : An MBA with specialization in finance or banking. Or CA, CS. But there is no job for the freshers. You will have to get a job in banks then you can hope to get posted in forex dealing.

Placement : Banks and financial institutions like financial banks etc.


7. Manager   : A manager work at managerial and executive levels in corporate houses and multinational companies. There is always a huge demand for management degree holders in major fields of management, as operation managers, human resource managers, event managers, hospitality managers, and others.

Eligibility : Courses in management are offered generally at undergraduate and postgraduate degree/diploma levels, by private and government management institutes. On the basis of interest you can select any field for PG like Business management, event management, retail management etc.

Placement : Private enterprises, government sector, banking & finance sector, developmental agencies, education, training & research sector as well as in service and public utility sector.


8. Master of Finanace and Accounting (MFA): The Master of Finance and Accounting (MFA) program has been designed for people who seek to develop and apply their skills in the areas of auditing, taxation, information systems, and financial analysis, among other subjects.

Who can Apply: Candidates having Bachelor’s or Master’s Degree in Commerce/Accounting/ Management/Economics of this University or any other recognized university and who have secured at least 50% marks in the aggregate of all papers studied in the qualifying examinations are eligible for admission to this course.

Admission Procedure: Admissions is based on an entrance test conducted by the university. Marks scored at the test and qualifying examination is considered for the final selection.

Scope of the Programme:The students after completing the course are working as financial consultants, financial analysts, bankers, insurers, forex dealers, software consultants, HR professionals, finance and accounting professionals, investment analysts, market analysts, direct and indirect tax consultants, and a host of other professional bodies.

Institutes : Bangalore University Institute of Commerce, Bangalore

International Institute of Financial Markets – New Delhi – Chartered Financial Analyst


9. Master of International Business : The Master of International Business is a postgraduate degree designed to develop the capabilities and resources of managers in the global economy.

Eligibility : Bachelor’s Degree

Selection : Written Examination, Group Discussion, Personal Interview

Institutes : Delhi School of Economics, Mohan Lal Sukhadia University, Udaipur, Rajasthan, St. Joseph’s College, Bangalore, University Of Rajasthan, Indian Insitute of Foreign Trade, Delhi and Kolkata, Symbiosis Institute of International Business, Pune


10. Economist : A graduate in Economics can aspire many entry-level jobs in banking, finance, insurance, stock markets, sales and marketing as well as corporations like consulting firms or government departments.

Institutes : Most of the colleges and universities in India offer Bachelor and Master’s degree course in Economics. Doctoral courses like M.Phil and Ph.D. courses are also offered by many universities and specific economics school within the country. Prominent among them are Delhi School of Economics, Jawaharla Nehru University, Banaras Hindu University etc.

Employment : Planning Commission. RBI. National Council for Applied Economic Research, National Institute of Public Finance and Policy as also international organisations such as the World Bank, Asian Development Bank and the International Monetary Fund, Private sector firms and business establishments, Banking and financial institutions


Career Options with Commerce + Mathematics:

1. Actuary : An actuary is a business professional who deals with the financial impact of risk and uncertainty. Actuaries provide expert assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms.

Who Can Become An Actuary?

Any person with minimum 18 years of age and having a high degree of aptitude for mathematics and statistics can take up this course and become an Actuary. Generally, first class graduates or postgraduates in Mathematics, Statistics or Econometrics will be in a better position than others to qualify as actuaries.

To qualify as an Actuary, a candidate has to pass all examinations in the prescribed subjects.

How to enter: 1. First register as a student member (after 10+2) with mathematics) of ASI and pass examinations on 9 subjects like statistical modeling, financial mathematics etc.

2. On passing you will get a Certificate in Actuarial techniques (CAT).

3. In next stage you have to pass examination on 6 more subjects like financial economics, communication etc.

4. If you pass and attend a professional course conducted by society, you can become the Associate member of Actuarial Society of India.

5. In the final stage you will have to obtain 3 years of practical experience of Actuarial work and then you have to pass examination on the field of insurance of your choice.

6. After passing out and attending a professional course conducted by the society , you can become fellow of Actuarial Society of India.


Placement : Insurance companies, financial services companies, Government of India departments etc.


Government jobs in commerce :

  1. Indian Audits and Accounts Service – IAAS is an Indian Central Government service, free of control from any executive authority, under the Comptroller and Auditor General of India. IAAS is responsible for auditing the accounts of the Union and State governments and public sector organizations, and for maintaining the accounts of State governments.

Recruitment and Training : Recruitment to the IAAS is through the joint competitive examinations (the Civil Services Examination) along with the Indian Foreign Service, Indian Administrative Service and the Indian Revenue Service(IRS).

Once recruited to IAAS, the officers are trained at National Academy of Audit and Accounts, Shimla, Himachal Pradesh, India.


  1. Indian Foreign Service- The Indian Foreign Service is part of the Central Civil Services of the Government of India. They work as a diplomacy, pPeacemakers, Foreign policy and relations, Advisors to Ministers.

Recruitment and Training : They are recruited under the combined Civil Services Examination administered by the Union Public Service Commission.

On acceptance to the Foreign Service, new entrants undergo significant training. The entrants undergo a probationary period (and are referred to as probationers). Training begins at the Lal Bahadur Shastri National Academy of Administration in Mussoorie, where members of many elite Indian civil service organizations are trained.

After completing the Lal Bahadur Shastri National Academy of Administration, the probationers join the Foreign Service Institute in New Delhi for more training as well as attachments with different government bodies and tours both in India and abroad. The entire training programme is for a period of 36 months.

At the conclusion of the training programme the officer is assigned a compulsory foreign language (CFL). After a brief period of desk attachment in the Ministry of External Affairs, the officer is posted to an Indian diplomatic mission abroad where the CFL is the native language. There the officer undergoes language training and is expected to develop proficiency in his CFL and pass an examination before being allowed to continue in the service.


  1. Indian Revenue Service- IRS comprises of two branches – IRS (Customs and Central Excise) and IRS (Income Tax), which are controlled by two separate statutory bodies, viz., Central Board of Excise and Customs (CBEC) and Central Board of Direct Taxes (CBDT) respectively.

Training Grounds1. National Academy of Direct Taxes (Nagpur)

2. National Academy of Customs, Excise and Narcotics (Faridabad)

  1. Staff Selection Commission (SSC) Government of India : The main responsibility of the Staff Selection Commission is to make recruitment to Group C (non-technical) & Group B (non-gazetted- both technical & non-technical) posts in departments of Government of India

Selection : Combined Graduate Level Examination conducted by SSC is a competitive exam that comes up every year for a wide range of jobs within various offices and services in the central government. These services are with the department like Railway board, passport office, central vigilance commission, Central secretariat Service, BSF, CRPF, CBI  etc.



Educational Qualifications: i) A First Class Bachelor’s Degree with a minimum of 60% marks or an equivalent grade OR ii) A Second Class Master’s Degree with a minimum of 55% marks or an equivalent grade OR iii) A Doctorate Degree with 50% marks in Master’s Degree or equivalent grade OR iv) Chartered/Cost Accountant/Company Secretary (ACS) with a Bachelor’s Degree OR v) A Post Graduate Diploma in Management from   IIM only.

Scheme of Selection: Written Examinations- Phase  I (Objective Type Test)+ Phase II (Descriptive Type Test) and Interview

For details visit :


  1. Railway Recruitment Board : It carries out different examinations for employing qualified candidates to the RRB, for which a graduate can apply for. A graduate can join in the railway as Assistant Accounts Officers and climb the ladder through department exams and grade promotion to Divisional Accounts Officers, Senior Divisional Accounts Officers till Chief Accounts Officer.
  2. Indian Defense Services:  In the Defense sector the candidates with a B.Com graduation can join in the Indian Defense Accounts Service (IDAS) which is the concerned authority for maintaining the accounts of the Defense. A graduate can enter in to the service at the entry level as an Assistant Controller of Defense Accounts.


Some important institutions :


1. The Indian Institute of Foreign Trade (IIFT)-  Delhi and Kolkata,


  1. Two-Year Residential MBA (International Business) – New Delhi, Kolkata. This is the flagship course, offering specialization in Marketing, Finance, Systems and Trade.
  2. Three-Year Part Time MBA (International Business), New Delhi & Kolkata

Executive Master’s in International Business, New Delhi.

  1. Certificate Course in Export Management, New Delhi, Kolkata, Guwahati
  2. Post Graduate Certificate Course in International Business through NIIT Imperia


IIFT has, over the years, undertaken research studies with organizations like World Trade Organization, World Bank, the United Nations Conference on Trade and Development (UNCTAD) and the Ministry of Commerce & Industry. IIFT has also trained more than 40,000 business professionals across 30 countries via its management development programs.


2. Indian Statistical Institute- Calcutta, Delhi, Bangalore

PROGRAMS: B.Stat, B.Math, M.Stat, M.Math, MS Quantitative Economics, MS Library Information Science, M.Tech Computer Science, M.Tech Quality, Reliability & Operations Research

ADMISSIONS: Through written examination conducted by ISI.

ACCOMMODATION: On campus. There are hostels for boys and girls.


You may also like...