why Commerce.pptx

The PPT is regards Basics of Commerce education and career opportunities in Commerce

1. Why Commerce ? Presented by Mr. Basavaraj M. Naik M.Com, UGC NET, KSET Assistant Professor P.G. Department of Studies in Commerce KLE Society’s SCP Arts, Science and D.D. S. Commerce College, Mahalingpur. Mail: [email protected]

2. Commerce is a trail to predict the future

3. Importance of Money Money can't buy happiness, but  it can buy security and safety for you and your loved ones . Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.

4. Why Commerce? Commerce is one of the popular streams that a student choose after completing their Class 10th board exam. Commerce streams offer students a wide range of career options after completing Class 12th, that will give them a sense of financial security and make them successful.

5. What is Commerce? Commerce as a medium of instruction can be interpreted as a study of business and marketing activities such as the exchange of commodities and services from the manufacturer to the final customer. The principal subjects that are taught in the Commerce stream for CBSE Class 11 and 12 comprise of – Accountancy, Business Studies, and Economics. Students can choose this field if they have a real interest in these subjects and have an association for the economy, business, and numbers.

6. Importance of Commerce Commerce and its education have become the backbone of every nation. The level of growth and the standard of living of the citizens are associated with the state of commerce in every distinct country. No nation can grow without the growth of commerce. The demands of the people are not limited to the goods manufactured in their countries only. They demand goods produced in other nations also.

7. Why should you pursue B.Com? There are several B.Com courses available in various streams to cater to the diverse interests of candidates. Let us now look at the positive aspects of pursuing B.Com courses over other undergraduate degrees.

8. …….Continued B.Com prepares candidates to become future entrepreneurs. Unlike BBA which focuses primarily on coaching students for managerial positions, the B.Com degree prepares the candidates for both the corporate world and entrepreneurship.  Candidates gain great knowledge in business and finance that can be leveraged to advance in their careers or business ventures. B.Com degree and short term courses after B.Com list have a vast domain compared to other degrees and B.Com degree holders can work in a range of sectors like marketing, accounting, consultancies, investment banking, banks, capital management, etc. 

9. The entry-level package of B.Com holders is much higher than other degree holders. Many short-term courses are specifically designed to help B.Com graduates gain advanced and industry-relevant skills. 

10. What next after B. Com?

11. Best Career Options After B.Com 1. MASTER OF COMMERCE (M.COM):   M.Com is the master’s course in commerce. This degree is 2 years long in duration and can be attained through any government recognized university or college in India. This course helps you master the concepts you learned as a B.Com student and apply it in the professional world. ( NEP 2020 is set to bring drastic changes in the Higher Education System in India. Through NEP 4 year Bachelor's degree, one year Master’s degree exit options and multidisciplinary education students can enjoy)

12. 2.  Master of Business Administration (MBA) : MBA is the most popular course available for students & one of the  best courses after B.Com,  not just graduating from commerce but any other field. In this course, you learn to manage all the aspects of a business based on the specialization you choose. For MBA, you need to clear CAT or Common Admission Test. Your CAT score determines which college you get into. It is one of the  best career options after B.Com.  It’s recommended to do MBA after completing 2-3 years of work.

13. 3. CHARTERED ACCOUNTANT (CA) The first course that generally comes to the mind of a commerce student as a career option is CA. CA is one of the  best career options after B.Com.  Unlike an MBA, students can enrol for CA right after completing high school. CA comprises three stages, namely CPT (Common Proficiency Test), IPCC(Integrated Professional Competence Course.), and CA Finals. Clearing all three stages along with an internship of 2.5 years makes you a certified chartered accountant. The duration of this course is three years, and this course can also land you jobs in multinational companies like EY or Deloitte. You can also open your own CA firm and practice your degree thus it is one of the  best courses after B.Com.

14. 4 . COMPANY SECRETARY (CS) If you are wondering what to do after B . C om, Company Secretary (CS) is one of the many pivotal job roles from the B .Com courses list, in an organization. A CS is responsible for managing all the legal aspects of a firm/organization. Company Secretaries usually take care of a company’s tax returns, maintain tax records, and ensure that all the legal and statutory regulations are met with one of the best courses after B. C om. 

15. Job Opportunities after M.Com:  Assistant Accountant/Accountant/Cashier Senior Account Executive Personal Finance Consultant Business Consultant

16. Teachers/Lecturer Financial Analyst Business Analyst Corporate Analyst Marketing Manager Finance Manager Operations Manager

17. 5. Certified Management Accountant (CMA) CMA is the answer if you are thinking about a  career after B.C om in abroad . In this course, you will have to clear two stages of examination along with a work experience of 2 years. After obtaining the CMA certification, you can find employment opportunities in organizations of all sizes and across all industries. From public and private enterprises and not-for-profit organizations to academic institutions, Government entities (USA), and MNCs – CFA-certified professionals are always in-demand. 

18. 6. Bachelor of Education (B.Ed.) A very simple but beneficial course you can opt for  after B.Com  is B.Ed. The knowledge that you have acquired as a B.Com can be used in your profession as a lecturer. If you secure around 50-55% in your graduation from a recognized university in India, you are eligible for this course. 

19. 7. IBPS PO (Bank Probationary Officer) IBPS PO is conducted by the Institute of Banking and Personnel selection to fill the vacancies of manager scale in 20+ nationalized banks.

20. 8. UPSC You need to be a graduate in any discipline to be eligible for UPSC. You can choose and I will actually advice you to choose Commerce and Accountancy as your optional in UPSC .

21. 9. KPSC Karnataka Public Service Commission, chiefly known as KPSC is a government agency of Karnataka state, aimed to make recruitments to various civil services through competitive and departmental examinations AC SAAD Audit/Accounts Officer

22. Summary B.Com Skill Development Programmes/ Courses Entrepreneur B.Com UPSC/ KPSC Administrator, Civil Servant, AC-SAAD M.Com may try to become Recognised company’s Manager, Accountant etc, B.Com Try for Any Desired competitive examinations

23. Any Doubts?

24. Thank You