Why Choose Commerce Stream after Class 10th?

One of the most sought-after academic streams in 11th grade for students in Commerce Stream. For those who are unaware of what is commerce and Why Choose Commerce Stream after Class 10th? let me give a brief overview. 

What is Commerce?

Commerce is an academic discipline. Where students are taught about business, marketing-related activities, trade, commerce, etc. Students, who are interested in knowing and learning about the world of business, economics, management, statistics, and related fields. He should definitely opt for the commerce stream. Major subjects include Business studies, Accountancy, Economics, Business Laws, etc.

So, what are you waiting for? Scroll down through the article and look for yourself all that this course has to offer you. If you find the subjects intriguing, choose commerce stream after 10th. And if you are still confused, don’t worry. We are here to give you enough reasons why this subject might be the one for you!

Opportunities in commerce stream

Any candidate opting for a particular commerce stream or course will obviously raise questions about the career opportunities it offers. Just like any other stream, commerce is not devoid of but filled with plenty of opportunities. 

      After completing the 12th standard in commerce, one can look for job opportunities like Financial Analyst, Company secretary, etc. On the other hand, they can also prepare for higher degrees of education in the same field like BBA, BCOM, Bachelor of Management Studies, LLB, or prepare for competitive exams like UPSC, SSC CGL, Bank exams, etc. 

     Some of the highest paying jobs through commerce are CA, Investment Banker, Retail Manager, and others.

Let’s have a brief look at the job prospects of the two most popular positions- 

CA and Investment Banking

Qualified CAs can serve private or public sectors as accountants in different fields like auditor, cost accountant, corporate financing, and other various fields. The salary perk is very high, roughly starting from around 3 to 4 lakhs and rising to 70 lakhs in India.

    Investment banking has a promising career in today’s time and it requires responsibilities like managing debts, stocks, bonds, etc., and doing extensive research of the market. The average salary of this job is roughly around 9 lakh per annum.

Difficulties in commerce stream

Just like every other thing in the world, this commerce stream has its own pros and cons. The benefits have been discussed above and now. Let’s move to the challenges that are faced by students in commerce education.

       At the secondary school level. Students are not educated about the commerce stream. To give them clarity about the subject beforehand. Except for a brief overview of economics. Students know nothing at the school level of important commerce stream subjects like accountancy or finance, etc.

      Theoretical knowledge is much emphasized upon than practical knowledge needed in the corporate world. The curriculum is still backdated. That is not at par with the current technological trends. Thus making students run behind in the competition.

      A commerce stream student cannot switch his or her course to science after the 12th.

It is necessary to have a stronghold over mathematics and students. Those who lack interest in the subject will find passing the subjects very difficult as compared to other students.

      Teachers with specialized skills in a subject are not hired often. Thus students fail to get proper clarity in a particular subject of commerce. 

Future scope in commerce stream

The future scope for commerce students is immense and good performance and dedication can take them a long way.

       After passing in 12th board, commerce students can opt to pursue B.Com, BBA, BMS, and BBS degrees for getting good job opportunities after graduation. Commerce graduates can grab seats in investment, banking, accounts, insurance, and management sectors.

 

      Students can also choose to take up higher degrees in this stream like M.com, MBA, MPhil, MSc, etc., and do specializations in fields like Accounting, Finance, Banking, Taxation, E-Commerce, Human Resources, and others.

Conclusion

After reading the scopes, advantages, and disadvantages of commerce stream education. we can conclude that to take up commerce one needs to be made aware of the commerce background. First and only if the student feels the subject is intriguing, should he/she go after pursuing it. 

  Disadvantages and advantages exist in every field but what matters the most is the student’s willingness to learn, research, and explore more about the subject to fly high with their skills and specializations.