Best Degree Programs After 12th Commerce

ByEnglish Desk

Higher Education After 12th Commerce

When students graduate from the tenth grade, one of the most popular majors they select is commerce. It provides a wealth of employment options in a variety of industries, including business, management, economics, accounting, finance, and accounting. A solid foundation and increased employability in the cutthroat job market of today require pursuing higher education after completing the 12th grade in commerce. For long-term success, choosing the appropriate degree program after completing your 12th grade in commerce is essential because the business world is always changing. In the field of commerce, higher education is crucial because it can provide students with critical thinking, problem-solving, financial management, and decision-making skills. Traditional degree programs, professional courses, or even integrated programs that combine academics with professional training are available to students. In addition to imparting subject matter expertise, the appropriate course will provide networking opportunities, exposure to real-world business scenarios, and internship opportunities.

In this article, we will examine the best courses after 12th commerce, their fees, and high-salary courses after 12th commerce degree programs in India to assist students in making an informed choice based on their interests and professional goals.

After 12th Commerce Courses List with Fees

Your future career is greatly influenced by the course you take after completing your 12th grade in commerce. Students studying commerce have a wide range of options, from more professional courses like CA and CS to more traditional degrees like B.Com. We’ll go into great detail about a number of courses in this post, including their costs, duration, essential subjects, and career prospects.

  1. Bachelor of Commerce (B.Com)

Overview:

One of the most well-liked undergraduate programs in commerce in India is still the B.Com. The curriculum is extensive and includes topics in economics, taxation, finance, and accounting. B.Com. specializations include B.Com. (Hons), B.Com. in Accounting & Finance, and B.Com. in Business Economics. Several prestigious universities offer these specializations, including Christ University, Delhi University, and Symbiosis College.

  • Eligibility: 10+2 in commerce or any stream with at least 50%.
  • Duration: 3 years.
  • Key Subjects: Financial Accounting, Business Law, Economics, Taxation, and Management.
  • Career Prospects: accountant, tax consultant, auditor, financial analyst.

Fees:

  • Private institutions: INR 25,000 to INR 1,000,000 per year.
  • Government Colleges: INR 5,000 to INR 50,000 per year.
  1. Bachelor of Business Administration (BBA)

Overview:

Students who have a strong interest in management and entrepreneurship should consider a BBA. Reputable universities including NMIMS University, Symbiosis International University, and IIM Indore (via the IPM program) offer this course. Marketing, finance, human resources, and operations are among the BBA specializations.

  • Eligibility: 10+2 from any stream with at least 50%.
  • Duration: 3 years.
  • Key Subjects: Business Economics, Marketing, Organizational Behavior, Human Resource Management.
  • Career Prospects: Marketing Executive, Business Analyst, Operations Manager.

Fees:

  • Private Institutions: INR 60,000 to INR 1,50,000 per year.
  • Government Colleges: INR 15,000 to INR 60,000 per year.
  1. Chartered Accountancy (CA)

Overview:

In India, the Institute of Chartered Accountants of India (ICAI) offers a professional course called CA. Students can register for the foundation course after completing their 12th commerce year. The Certified Public Accountant (CPA) credential is widely recognized for its demanding assessments, and becoming one can lead to lucrative professions in consulting, audit, and corporate settings.

  • Eligibility: 10+2 in commerce with a minimum of 50%.
  • Duration: 4 to 5 years (depending on clearing the exams at each level).
  • Key Subjects: Financial Reporting, Taxation, Auditing, Law, and Ethics.
  • Career Prospects: Chartered Accountant, Tax Consultant, Auditor.

Fees:

  • ICAI Registration and Exam Fees: Around INR 70,000 for the entire course.
  1. Company Secretary (CS)

Overview:

ICSI, the Institute of Company Secretaries of India, offers CS as a professional course. After 12th commerce, students can begin their journey into computer science. It entails handling legal issues, company law, and corporate compliance. There is a demand for computer scientists in both public and private enterprises.

  • Eligibility: 10+2 in any stream.
  • Duration: 3 to 4 years.
  • Key Subjects: Company Law, Corporate Management, Ethics, Taxation.
  • Career Prospects: Company Secretary, Legal Advisor, Compliance Officer.

Fees:

  • ICSI Registration and Exam Fees: Around INR 40,000 for the entire course.
  1. Cost and Management Accountancy (CMA)

Overview:

For students who are interested in accounting, control, and financial management, the CMA certification is an excellent option. This course is provided by the Institute of Cost Accountants of India. Because of their proficiency in cost control, CMAs are in great demand in the manufacturing and service sectors.

  • Eligibility: 10+2 in any stream.
  • Duration: 3 to 4 years.
  • Key Subjects: Cost Accounting, Financial Management, Business Economics.
  • Career Prospects: Cost Accountant, Financial Analyst, Risk Manager.

Fees:

  • ICMAI Registration and Exam Fees: Around INR 50,000 for the entire course.
  1. Bachelor of Economics (B.Econ)

Overview:

This degree focuses on advanced studies in economics, including microeconomics, macroeconomics, and econometrics.

  • Eligibility: 10+2 in any stream with a minimum of 50%.
  • Duration: 3 years.
  • Key Subjects: Microeconomics, Macroeconomics, International Trade, Econometrics.
  • Career prospects: economist, financial consultant, research analyst.

Fees:

  • Private Institutions: INR 50,000 to INR 1,50,000 per year.
  • Government Colleges: INR 10,000 to INR 50,000 per year.
  1. Bachelor of Financial Markets (BFM)

Overview:

BFM focuses on understanding financial markets, risk management, investment banking, and stock markets.

  • Eligibility: 10+2 in commerce or any stream.
  • Duration: 3 years.
  • Key Subjects: Investment Analysis, Financial Derivatives, Risk Management.
  • Career Prospects: Financial Analyst, Investment Banker, Stock Broker.

Fees:

  • Private institutions: INR 30,000 to INR 1,000,000 per year.
  • Government Colleges: INR 10,000 to INR 50,000 per year.
  1. Bachelor of Accounting and Finance (BAF)

Overview:

In-depth understanding of accounting concepts and financial management is provided by BAF, preparing students for careers in the banking and finance industries.

  • Eligibility: 10+2 in commerce or any stream.
  • Duration: 3 years.
  • Key Subjects: Taxation, Financial Accounting, Business Economics.
  • Career Prospects: Financial Analyst, Auditor, Tax Consultant.

Fees:

  • Private Institutions: INR 30,000 to INR 1,50,000 per year.
  • Government Colleges: INR 15,000 to INR 60,000 per year.
  1. Bachelor of Business Economics (BBE)

Overview:

BBE is an undergraduate course that focuses on economics with a special emphasis on business analysis and financial management.

  • Eligibility: 10+2 in commerce or any stream with a minimum of 50%.
  • Duration: 3 years.
  • Key Subjects: Microeconomics, Business Strategy, International Trade.
  • Career Prospects: Business Analyst, Financial Consultant, Economic Researcher.

Fees:

  • Private Institutions: INR 40,000 to INR 1,20,000 per year.
  • Government Colleges: INR 10,000 to INR 40,000 per year.
  1. B.Com with Bachelor of Law (B.Com LLB)—5-Year Integrated Course

Overview:

Students can pursue an integrated law course with commerce subjects, leading to a BBA LLB or B.Com LLB degree.

  • Eligibility: 10+2 in any stream with at least 45% (entrance exams like CLAT required).
  • Duration: 5 years.
  • Key Subjects: Constitutional Law, Corporate Law, Business Law.
  • Career Prospects: Legal Advisor, Corporate Lawyer, Litigation Lawyer.

Fees:

  • Private institutions: INR 50,000 to INR 2,000,000 per year.
  • Government Colleges: INR 20,000 to INR 70,000 per year.
  1. Certified Financial Planner (CFP)

Overview:

Those who want to specialize in risk management, estate planning, taxation, and financial planning should take the CFP professional certification course.

  • Eligibility: 10+2 from any stream.
  • Duration: 6 months to 2 years.
  • Key Subjects: Taxation, Estate Planning, Risk Management.
  • Career Prospects: Financial Planner, Wealth Manager, Insurance Consultant.

Fees:

  • Course Fees: INR 40,000 to INR 60,000 for the entire certification.

Conclusion

After the 12th grade, students studying commerce have a variety of options thanks to the aforementioned courses. You can select more specialized professional courses like CA, CS, or CFP, or you can go with a more conventional degree like a B.Com., depending on your desired career path. Professional courses such as CA and CS are very rewarding in terms of career prospects, but they require commitment and time. Degrees such as BBA and B.Com., on the other hand, offer a strong basis for students who wish to go on to further their education or work in business. There is a separate cost for each course, and government colleges usually charge less than private ones. Choose the course that most closely fits your interests and career objectives.