Career Opportunities for Commerce Graduates

This presentation for students of commerce -Career Opportunities for Commerce Graduates

1. Dr.K.CHELLAPANDIAN M.Com., MBA., M.Sc (Psy)., M.Phil., B.Ed., PGDCA., DGT., Ph.D. ,NET Vivekananda College Tiruvedakam West Assistant Prof in Commerce

2. Career Opportunities for Commerce Graduate

3. CA CA CA CA CA

4. Career Opportunities For Commerce Graduate

5. COMMERCE Ray of light in Student’s life

6. What is Exchange of goods & services for consideration Lifeline of any economy Basis of any transaction Backbone of any exchange of goods/ services Best of imagination has link with commerce Contributes to growth of community

7. Commerce is that part of business which is concerned with : The exchange of goods and services and includes all those activities which directly or indirectly facilitate that exchange. WHAT IS COMMERCE ?

8. C – CASH O – OPTIMIZATION M – MANAGEMENT M – MARKETING E – EXPANSION R – RESEARCH C – CUSTOMER/COMPETITION E - ECONOMY WHY COMMERCE? WHY COMMERCE

9. Needed everywhere by everyone, so makes you indispensible. Wide Acceptance throughout the world. Increases employability. Respectable high earning job. Makes you honor of All. Why Commerce?

10. Just like blood in Human Body Similarly Commerce is must for any Economy

11. COMMERCE = SUCCESS

12. Various Career Options after 12 th CA FINANCE SECTOR OTHER SECTORS B.COM CMA LAWS MARKETING SECTOR MBA CS BCA

13. Various Career Options Professional Educations Banking Sectors Insurance Sectors Financial Sectors Law Master of Business Administration Teaching and Research Hotel Management Union Public Services Commission (UPSC) – Exams National Defence Academy - NDA Staff Selection Commission (SSC) - Exams RRB Examinations Tamil Nadu Public Service Commission (TNPSC)

14. Job and Employment Prospects Employment Prospects:- Import/Export Companies Customs Department Economic Consulting Jobs Finance, Banking Sectors Consulting Firms

15. Chartered Accountancy - (CA) Company Secretary - (CS) Cost Management Accountant - (CMA) Professional Courses

16. Chartered Accountancy - (CA)

17. “Company Secretaryship Course (CS)”

18. “Company Secretaryship Course (CS)”

19. CAREER AS A COMPANY SECRETARY

20. The Institute of Company Secretaries of India (ICSI)

21. The Institute of Company Secretaries of India (ICSI) An Introduction ICSI is a premier national professional body constituted under an Act of Parliament (Company Secretaries Act, 1980). Functions under the jurisdiction of the Ministry of Corporate Affairs ICSI has been set up to regulate and develop the profession of Company Secretaries ICSI has its Headquarters at New Delhi and 4 Regional Councils at Chennai, Kolkata, Mumbai & New Delhi and 70 Chapters spread all over India ( including 1 overseas Chapter at Dubai ).

22. Company Secretaries Course HIGHLIGHTS 10+2 pass or equivalent / Graduate can join No Entry Barrier – opportunity for every student Cost Effective Distance Learning 24x7 study through e-learning Flexibility in the schedules – Registration valid for 3 to 5 years. Excellent career opportunities for CS professional Position of Power and Prestige

23. Stages of CS Course

24. Admission to CS Course Admission is Open Throughout the Year Examinations are held twice a year in June and December.

25. Registration to CS Course Cut- off dates for Registration: CS Foundation Programme: 31st March for December (same year) session 30th September for June (next year) session . CS Executive Programme: 28th February (Both Modules) & 31st May (Any One Module) in December (same year) session 31st August (Both Modules) & 30th November (Any One Module) in June (next year) session.

26. Registration to CS Course Validity of Registration: Foundation Programme : 3 Years Executive Programme : 5 Years (A student is required to complete the Executive and the Professional examination within the registration period.)

27. Fee Structure CS Foundation Programme Rs.4500/- CS Executive Programme Rs.9000/- for Commerce Graduates / CPT passed of ICAI / Foundation passed of ICoAI -CMA Rs.10,000/- for Non Commerce Students Rs.8,500/- for CS Foundation passed students CS Professional Programme Rs.12,000/-

28. CS Course Curriculum Foundation Programme ( 4 papers) 1. Business Environment and Entrepreneurship 2. Business Management, Ethics & Communication 3. Business Economics 4. Fundamentals of Accounting & Auditing

29. CS Course Curriculum Executive Programme ( 7 papers) Module I 1. Company Law 2. Cost and Management Accounting 3. Economic and Commercial Laws 4. Tax Laws and Practice Module II 1. Company Accounts and Auditing Practices 2. Capital Markets and Securities Laws 3. Industrial, Labour and General Laws

30. CS Course Curriculum Professional Program ( new syllabus – w.e.f . 1 st September 2013 )   MODULE 1 1. Advanced Company Law and Practice 2. Secretarial Audit, Compliance Management and Due Diligence 3. Corporate Restructuring, Valuation and Insolvency MODULE 2 4. Information Technology and Systems Audit 5. Financial, Treasury and Forex Management 6. Ethics, Governance and Sustainability MODULE 3 7. Advanced Tax Laws and Practice 8. Drafting, Appearances and Pleadings 9. Electives 1 out of below 5 subjects 9.1. Banking Law and Practice 9.2. Capital, Commodity and Money Market 9.3. Insurance Law and Practice 9.4. Intellectual Property Rights - Law and Practice 9.5. International Business-Laws and Practices

31. Examination Examination is conducted twice a year in June and December Examination fee** Foundation Programme Rs.1200/- Executive Programme Rs.1200/- per Module Professional Programme Rs.1200/- per Module Last date for submission of application for appearing in the examination : 25th March (with late fee of Rs.250 till 9th April) 25th September (with late fee of Rs.250 till 10th October) ** SC/SC Students and Physically Handicapped Students are required to pay only 50% & 25% respectively of the Examination Fee applicable to general category candidates.

32. Examination Medium of Examination : English / Hindi Qualifying Marks : 40% marks in each paper and 50% marks in the aggregate of all subjects.

33. Company Secretaries (CS) Course

34. Membership After qualifying the CS Professional Programme and on completion of training as provided under the CS Regulations, a candidate is enrolled as an Associate Member of the Institute and he / she can use the descriptive title “ACS” after his / her name.

35. 37 Who is a Company Secretary ? One who is the Member of the ICSI .

36. 38 Opportunities for CS Company Secretary Employment Practice

37. 39 Key Managerial Personnel The Companies Act, 2013 confers the status of the KMP to the Company Secretary in employment. The Act requires appointment of a Company Secretary by certain companies ie Pvt. Co. having share capital Rs.5 crore or more, public co. having share capital Rs.5 to 10 Crores

38. Duties of CS in Employment Reporting to Board on compliance of the Act Ensuring company complies the secretarial standards Providing guidance to the Directors Facilitating the convening of the Board and General Meetings and attending Assisting the Board in the conduct of the affairs of the company Representing before various regulators and authorities Advising on company management.

39. CS in Practice Secretarial Auditor Annual Return Certification Registered Valuer Insolvency Practitioner Consultant in Public Issue, Listing and Securities Management Banking services Finance and Accounting Services Taxation Services Corporate Laws Advisory Services Representing Services

40. 42 Course Admission Through ON LINE Mode Web Address: www.icsi.edu

41. Website : www.icsi.edu THANK YOU

42. Career In Cost and Management Accountant

43. COST AND MANAGEMENT ACCOUNTANCY - CMA

44. Institute of Cost Accountants of India ICAI Need for regulating Cost The Institute of Cost and Works Accountants of India (ICWAI) first formed as Company in 1944. Special Act passed on 29.05.1959 to recognise the ICWAI as Statutory Body Name Changed from ICWAI to ICAI (Institute of Cost Accountants of India) W.e.f 19.01.2012 Cost and Works Accountant (CWA) now called as “Cost and Management Accountants (CMA)

45. A cost accountant ensure that managerial decisions are well within the cost prescriptions. He is expected to give a prognosis for projects to be undertaken based on past and present financial performances Eligibility- 10+2 Duration- 6 years Cost and Management Accountant

46. Stages in CMA

47. Foundation Course Paper – 1 Fundamentals of Economics and Management Paper – 2 Fundamentals of Accounting Paper – 3 Fundamentals of Laws and Ethics Paper – 4 Fundamentals of Business Mathematics & Statistics

48. Intermediate Course Group – 1 Paper – 1 Financial Accounting Paper – 2 Laws & Ethics Paper – 3 Direct Taxation Paper – 4 Cost Accounting

49. Intermediate Course Group – 2 Paper – 1 Operations Management & Strategic Management Paper – 2 Cost & Management Accounting and Financial Management Paper – 3 Indirect Taxation Paper – 4 Company Accounts & Audit

50. Final Course Group – 1 Paper – 1 Corporate Laws & Compliance Paper – 2 Strategic Financial Management Paper – 3 Strategic Cost Management Decision Making Paper – 4 Direct Tax Laws and International Taxation

51. Final Course Group – 2 Paper – 1 Corporate Financial Reporting Paper – 2 Indirect Tax Laws & Practice Paper – 3 Cost & Management Audit Paper – 4 Strategic Performance Management and Business Valuation

52. CMA Course Fees Course Eligibility Fees (Oral) Fees (Postal) Foundation Course Passed 10th Class Rs.4,000 /- Rs.4,000 /- Intermediate Course Passed Foundation or Graduation Rs.20,000 /- Rs.20,000 /- Final Course Passed Intermediate Rs.17,000 /- Rs.17,000 /-

53. CMAs have knowledge of: Financial Planning and Analysis Financial Management Internal Controls Risk Management Cost Management Performance Management Decision Analysis Professional Ethics The credentials and knowledge base of a CMA is a big advantage when working with MNCs, financial services or consulting firms.

54. Career Prospects Professional Avenues Independent practice Audit Assignments Certification Areas Companies Act, 2013 Other Statutory Work Appearance as an Authorized Representative Reserve Bank of India

55. Cost Accountants in Employment Cost Accountants in Government Department Cost Accountants in Education Further Academic pursuits

56. Road to CMA Decide to be a CMA Prepare for CMA Clear CMA examinations Become a CMA

57. Carriers In Master Of Business Administration

58. The main reason to attend school is to increase Knowledge and advance career for betterment. In most cases, an MBA degree is required for executive and senior management positions. People who hold an MBA degree will find that there are many different types of employment opportunities that are available to them.  Why Get an MBA Degree??

59. CAT – Common Admission Test XAT - Xavier's Aptitude Test MAT - Management Aptitude Test CMAT – Common Management Aptitude Test NMAT – Narsee Monjee Management Aptitude Test SNAP - Symbiosis National Aptitude Test TANCET – Tamil Nadu Common Entrance Test Entrance Exams….

60. MARKETING SYSTEM INTENATIONAL BUSINESS ENTREPRENEURSHIP FINANCE HUMAN RESOURCE MANAGEMENT Subjects In MBA

61. Finance  Marketing  Entrepreneurship  Accounting Management  Real Estate Nonprofit  NGO Continue....... Branches in MBA

62. Health Care  Human Services Management  Sports Management  Economics  Organizational Management Information Technology Retail Logistics & supply chain management Risk Management and Tourism Branches in MBA

63. Indian Institute of Management (IIM) Indian Institute For Foreign Trade (IIFT) International Institute Of Import And Export Management (IIIEM) International Management Institute (IMI) Narsee Monjee Institute of Management Studies(NMIMS) Xavier Institute Of Management Institute of International Trade Banaras Hindu University (BHU) Shri Collage of Commerce Symbiosis International University Best Collages For MBA

64. CEO/CMD/COO For-ex Manager   Business Analyst Pre-Sales  ERP Consultant Project Manager  HR Manager  Quality/Testing Manager Management Analyst IT Manager  Financial Manager Job Options after MBA

65. Law Eligibility- 10+2, CLAT Duration- 5 Years, 3 Years, 2 years Careers:- Advocate Advocate General Attorney General District Attorney Legal Advisors Magistrate Notary Public Prosecutors

66. 1. Dr. Ambedkar Government Law College - Chennai 2. Government Law College - Madurai 3. Government Law College - Trichy 4. Government Law College - Coimbatore 5. Government Law College - Tirunelveli 6. Government Law College - Chengalpattu 7. Government Law College - Vellore Government Colleges – The Tamilnadu Dr.Ambedkar Law University

67. Law Courses B.A LL.B (Undergraduate Law Course) Eligibility- 10+2 50% in all the core subjects and English put together. Bachelor of Law (BL) Master of Law (ML) Eligibility- B.L. degree or its equivalent from a recognized University

68. Reputed Law Schools Symbiosis Law College, Pune Faculty of Law, BHU, Banaras University Law College - Bangalore University NLSIU Bangalore NLIU, Bhopal

69. KLE Society’s Law College, Bangalore NALSAR, Hyderabad Faculty of Law, DU, Delhi Lucknow university, Faculty of Law, Lucknow University of Calcutta, Kolkata Amity Law School, New Delhi

70. Career In Bank

71. About Bank Jobs Banking is one of the fastest growing industry in India and they are considered as sunrise sector of Indian Economy. More so, the government is focusing on providing banking facilities in every village and town, under its Financial Inclusion scheme. And hence, more and more branches of the banks are being opened in every part of the country.

72. As the sector is growing very fast, it also needs manpower at various levels. Essentially the recruitment in bank sector happens at the following levels: Bank Probationary Officer (Bank PO): This is a managerial position in a bank. After the essential 1 to 2-year training, candidates are designated as Assistant Managers (AM) or Deputy Managers (DM). Bank Clerks: As the name suggests, this is a clerical position in the bank and this can be considered as entry level job in a bank. Specialist Officers (SO): Banks also hire candidates for specialist profiles like – IT Officer, HR Officer, Marketing Officer, Finance Officer, Law Officer, Agriculture Officer etc.

73. About Bank Exams Every year, multiple exams are conducted for the recruitment of Bank PO, Bank Clerk & Specialist Officers. Broadly, these exams can be classified into following Categories- IBPS PO: It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Probationary Officers. IBPS Clerk : It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Clerical Cadres. IBPS Specialist Officers (IBPS SO): It is a common exam conducted by Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Specialist Officers like Marketing Officer, IT Officer, HR Officer etc.

74. IBPS Regional Rural Bank Exam: Institute of Banking Personnel Selection (IBPS) conducts a common written exam for all the Regional Rural Banks of India (RRBs) for the posts of Probationary Officer, Clerical and Specialist Officers. SBI Probationary Officer: State Bank of India conducts its own exam for recruitment of Probationary Officers. SBI Clerk: State Bank of India conducts its own exam for recruitment of Clerical Cadres. RBI Grade B Exam: Reserve Bank of India recruit officers (Grade B) through an All India exam. Through, there are very few jobs in this, but working with RBI has its own benefits and future prospects. RBI Assistants Exam: RBI recruits Clerical Cadres through an All India exam. Again, a job in RBI is considered very prestigious.

75. Bank Exams Pattern Recruitment in government banks is generally done in three stage recruitment process. First two phases are written test, which are called Pre and Main; and last stage is the interview process. Shortlisting of candidates is done at each stage – Pre, Main and Interview. Final merit list is prepared on the basis of marks in Mains and Interview (weightage: 80% Written Test & 20% Interview).

76. Bank Exams Syllabus Written tests in bank exams generally ask questions to test the General Aptitude of the candidates. In Prelims, 100 questions are asked from three different sections – 1. Quantitative Aptitude (35 Questions), 2. Reasoning Ability (35 Questions), 3. English Language (30). While in the Mains exams, 200 questions are asked covering 1. Quantitative Aptitude, 2. Reasoning Ability, 3. English Language, 4. General Awareness and 5. Basic Computer Knowledge.

77. Careers In Insurance

78. Insurance-Introduction Presently in India, the insurance sector is open for private as well as public Sector . Following S ervices are rendered these companies : Life Insurance C orporation of India (LIC) provide for Life insurance. General Insurance C oporation (GIC) through its 4 subsidiaries. provides non life insurance like - Motor, Marine, Fire, Burglary, Health , P ersonal Accident In surance , Travel and Baggage Insurance etc. Private Sector Insurance companies also provide insurance like life,health and other insurance.

79. Public Sector Undertaking

80. Private Sector Undertaking

81. Teaching and Research - Career

82. Scope for Teaching and Research School Teacher Qualification: M.Com ., B.Ed., M.Ed ., Examination: TRB Handling Class: 12 th Std Commerce Group College Professor Qualification : M.Com ., M.Phil., Ph.D Examination: NET., SET.,

83. 1. Union Public Services Commission (UPSC) – Exams 2. National Defence Academy - NDA 3. Staff Selection Commission (SSC) - Exams 4. RRB Examinations Government Job

84. Union Public Services Commission (UPSC) – Exams Indian Administrative Service Indian Foreign Service Indian Police Service Indian P & T Accounts & Finance Service Indian Audit and Accounts Service Indian Revenue Service (Customs and Central Excise) Indian Defence Accounts Service Indian Revenue Service (I.T.) Indian Ordnance Factories Service (Assistant Works Manager, Administration) Indian Postal Service Indian Civil Accounts Service Indian Railway Traffic Service Indian Railway Accounts Service Indian Railway Personnel Service Indian Railway Protection Force (Assistant Security Commissioner) Indian Defence Estates Service Indian Information Service (Junior Grade) Indian Trade Service, Group 'A' (Gr. III) Indian Corporate Law Service

85. UPSC Syllabus 1. Current affairs and current events of international and national importance. 2. General science 3. General issues on Climate Change, Environmental Ecology and Biodiversity (It don’t require subject specialization ) 4. Indian National Movement and History of India. 5. World and Indian Geography- It contains Rights Issues, Physical Geography of India and the world, Economic Geography of India and the world, Social Geography of India and the world. 6. Indian Polity and Governance – Constitution, Public Policy, Political System, Panchayati Raj, etc. 7. Social Development and Economic – It contains Social Sector initiatives, Sustainable Development, Inclusion, Demographics, and Poverty etc.

86. Tamil Nadu Public Service Commission (TNPSC) COMPONENTS FOR EXAM GENERAL SCIENCE : CURRENT EVENTS GEOGRAPHY HISTORY AND CULTURE OF INDIA AND TAMIL NADU – INDIAN POLITY INDIAN ECONOMY INDIAN NATIONAL MOVEMENT APTITUDE & MENTAL ABILITY TESTS GENERAL TAMIL

87. ENTREPRENEURSHIP