Are you commerce with maths student wondering what career you should choose? Then you’ve come to the right place. This article will discuss the best career options in commerce with maths. Apart from the best career options, we’ll discuss the best courses in commerce with maths and other subjects for commerce with maths students. With this knowledge, making the right career decision will become much easier for you. Let’s begin:
Learners receive an average Salary hike of 58% with the highest being up to 400%.
Introduction
Commerce with Maths provides up a world of possibilities for those looking for a dynamic career in business and finance. The combination of mathematics and business skills provides individuals with a distinct set of analytical and problem-solving talents that are highly regarded in the sector. In this post, we will look at the breadth and top courses in commerce with maths scope for 2024, providing students with insights into possible career options.
Chartered Accountancy (CA): In India, this is a highly regarded course. This is a wonderful option if you’re adept with numbers and have strong analytical skills.
Company Secretary (CS): This course will prepare you to work in the business legal department. The CS is in charge of overseeing all corporate strategy and law regulatory compliance.
B.Com (Bachelor of Commerce):You can pursue occupations that are unique to commerce professionals if you have a B.Com degree. A B.Com degree will teach you the basics of commerce and its connected fields, and you can find lucrative employment in industries related to commerce such as banking, finance, management, and accounting, among others
Bachelor of Business Administration (BBA)/Bachelor of Management Studies (BMS): The three-year BBA curriculum cultivates managerial abilities in areas like business strategy, organizational behavior, international finance, financial accounting, and capital management. With complex concepts, a math background is helpful.
Bachelor of Economics: This course teaches students about economic principles and policies.
Cost and Management Accountancy (CMA): The CMA programme is an excellent starting point for a career in finance and accounting.
Chartered Financial Analyst (CFA): This internationally recognized course provides career possibilities in investment evaluation and managing portfolios.
Bachelor of Laws (LLB): After completing 12th grade, students can enroll in a five-year integrated degree that comprises BBA LLB, B.Com LLB, and so on.
Top Commerce Courses with Math
The top 10 courses for commerce with maths scope after the 12th grade are as follows:
- BCom/BCom (Hons)
- BA/BSc Statistics
- Bachelors in Finance and Accounting (BAF Course)
- Bachelor of Business Administration (BBA)
- Bachelor of Management Studies (BMS)
- BA/BSc Economics
- Bachelor of Business Studies (BBS)
- Chartered Accountancy
- BBA LLB
- CFA (Chartered Financial Analyst)
- BCom/BCom (Hons):
The fundamental courses in the Bachelor of Commerce (BCom) or Bachelor of Commerce (Hons) programs provide a comprehensive understanding of subjects linked to commerce. Students study business economics, organizational behavior, and financial accounting. A more focused curriculum is offered by BCom (Hons), giving students the option to concentrate in areas like marketing or finance. These schools’ graduates are adaptable and can find work in a variety of industries, including corporate management, banking, and finance.
- BA/BSc Statistics:
Students who get a bachelor’s degree in statistics, regardless of their field of study—science or arts—are prepared to analyze and understand data. Probability theory, statistical modeling, and statistical software usage are all included in the curriculum. Graduates in statistics work in market research, data science, and government organizations where they support evidence-based decision-making.
- Bachelors in Finance and Accounting (BAF Course):
Students who want to concentrate in finance and accounting should take the Bachelor of Finance and Accounting (BAF) course. Financial management, cost accounting, and advanced financial accounting are covered. Graduates of the BAF are qualified for positions in corporate finance departments, investment banking, and accountancy organizations.
Looking to leverage your commerce background? Dive into the wide range of career options for commerce students and unlock the door to numerous opportunities that await you in the business world.
- Bachelor of Business Administration (BBA):
The goal of the management-focused BBA program is centered to develop leadership abilities and give students a thorough understanding of business fundamentals. Finance, operations management, marketing, and human resources are all studied by students. Graduates with a BBA are qualified for managerial positions across a range of industries, leading businesses to success.
- Bachelor of Management Studies (BMS):
Strategic decision-making and leadership development are highlighted in the BMS curriculum. Students study project management, corporate strategy, and organizational behavior. Graduates of BMS programs are qualified to manage teams, handle challenging business situations, and influence an organization’s strategic direction.
- BA/BSc Economics:
Macro and microeconomic theories, econometrics, and economic policy analysis are all covered in BA/BSc Economics studies. Graduates can contribute to the creation of policies, offer insights into the workings of markets, and assess economic trends. Graduates in economics can pursue jobs in the public sector, research organizations, and global businesses.
- Bachelor of Business Studies (BBS):
BBS combines academic understanding with real-world commercial applications. Students work on real-world projects and case studies to improve their problem-solving abilities. Graduates of BBS programs are well-suited for positions in general management, marketing, and business development, all of which support the expansion of businesses.
- Chartered Accountancy (CA):
Professionals in accounting and finance can obtain the esteemed and demanding qualification of chartered accountancy. Financial reporting, taxation, auditing, and strategic financial management are all covered in the CA curriculum. Insuring financial integrity, adhering to regulations, and counseling businesses on financial matters are all critical tasks performed by CA specialists.
- BBA LLB:
The BBA LLB integrates law and business to equip students for careers where legal knowledge is crucial in corporate settings. Corporate governance, contract negotiations, and company law are all covered in the curriculum. Graduates are qualified for roles in corporate law and compliance, for example, that call for a combination of legal and commercial knowledge.
- CFA (Chartered Financial Analyst):
The internationally renowned Chartered Financial Analyst (CFA) program emphasizes investment management. Candidates for the CFA program study portfolio management, sophisticated financial analysis, and ethical issues. In the financial sector, CFA charterholders are highly valued for their proficiency in making well-informed investment judgments. Those who successfully finish the CFA program can pursue careers as financial strategists, portfolio managers, and investment analysts.
Diving into the future after your BCA? Explore the diverse career options after BCA that can propel you into exciting tech roles and industries.
Top Career Options in Commerce with Maths
There are a ton of career options in commerce with maths. Let’s discuss some of the most prominent ones below. Here’s a detailed list of the best career options for commerce students.
1. Chartered Accountancy
One of the most popular career choices among commerce students is Chartered Accountancy. The Institute of Chartered Accountants of India (ICAI) holds the exam for its CA courses every year. You can join the CA Foundation Course right after the 12th. However, you should note that the Chartered Accountancy exam is among the toughest exams in India. A Chartered Accountant also earns a lucrative amount of money yearly. They earn nearly INR 8,04,427 per annum, according to PayScale.
Aspirants must pass a demanding multi-level examination procedure that evaluates their expertise in a variety of areas, including financial reporting, taxation, auditing, and strategic financial management, in order to receive the coveted Chartered Accountancy credential.
The goal of the CA curriculum is to guarantee a thorough comprehension of legal frameworks, ethical issues, and accounting concepts. An articleship is a required training component that is essential to the CA program that allows candidates to receive practical experience in addition to theoretical knowledge. Their ability to apply abstract ideas to actual situations is facilitated by this hands-on experience, which develops a comprehensive skill set.
Chartered accountants are invaluable in a variety of industries, acting as financial counselors, auditors, and consultants for both public and private organizations. In addition to financial gain, the profession provides a great sense of accomplishment because chartered accountants play a major role in the growth of organizations and prudent financial management.
Because chartered accountancy is so diversified and guarantees that professionals are prepared to handle the intricacies of today’s business world, it stands out as a lucrative and respected career choice in the field of commerce. For those with a background in commerce and math, exploring commerce with applied math career options further enriches the possibilities within the chartered accountancy domain.
2. Company Secretary
It is among the most lucrative fields for commerce students. You can become a company secretary by studying corporate law. This course is administered by the Institute of Company Secretaries of India (ICSI). Like CA, this course also involves various levels one must pass. According to PayScale, the average salary of a Company Secretary is around INR 6,01,478 per annum. This is a great career option for commerce with maths scope after 12.
Company secretarial work offers a wide range of career paths, with opportunities to focus on corporate governance, legal counsel, or compliance management. The growing need for qualified company secretaries is highlighted by the way business legislation and governance standards are evolving.
Students studying business who are looking for a challenging career that blends legal knowledge with entrepreneurial skills will find this dynamic industry interesting as it provides opportunity for lifelong learning and development. Within the commerce with math scope , the field provides opportunities for people to apply mathematical concepts to complex legal and regulatory issues, enhancing the ethical and legal integrity of businesses around the world.
3. Certificate in Investment Banking (CIB)
Investment banking is an excellent field for commerce with maths students. You can get a Certificate in Investment Banking by taking the six-month CIB course. The CIB exam is an international certification exam, and it tests your knowledge of investment banking and its related subjects.
Investment banking is among the highest-paying fields in India. The average salary is around INR 9,66,410 per annum. Taking this course will allow you to enter the investment banking sector and start a lucrative career.
A solid mathematical background in commerce can help students succeed in finance through the Certificate in Investment Banking (CIB). In addition to theoretical understanding, this intensive six-month course emphasises practical applications through case studies and simulations. Participants develop their analytical and problem-solving abilities by immersing themselves in real-world circumstances, which is necessary for success in investment banking. ‘Commerce plus math career options‘ explores how this qualification prepares people for a varied finance career.
Curious about the most lucrative career paths in commerce? Explore our detailed guide on the highest paid jobs in India in commerce, and aim for a prosperous future in the business world.
4. Data Scientist
Data science is a superior career choice among maths students as it requires strong problem-solving skills. In the last few years, the demand for data science professionals has increased substantially. The average salary of data scientists in India is INR 8,73,310 per annum, according to PayScale. It is a lucrative and relatively new field. Learn more about career in data science.
With specializations like big data analytics and machine learning, data science enables workers to tailor their careers to the needs of the sector. Data scientists are essential to innovation in domains like supply chain optimization and medical data analysis. A background in business gives access to fulfilling careers in data science; investigate commerce with math career options.
Data scientists are in high demand worldwide, particularly in sectors like finance and healthcare. Data professionals have the ability to quickly transition between different industries, giving them a competitive advantage in the increasingly important field of data science. For professionals looking to make a significant impact in the digital era, this dynamic industry provides both attractive prospects and challenging chances.
5. Cost and Management Accountant (CMA)
CMS is a professional course that will impart a student knowledge relating to areas of finance, planning, costing as well as management of accounting. This course is supervised by The Institute of Cost Accountants of India. Just like CS and CA, this course has been divided into multiple levels. One needs to clear all the levels in order to finish this course. This is one of the best commerce with maths courses after 12th.
The average salary of a Certified Management Accountant in India is INR 7,86,000 per annum, according to PayScale.
Through case studies and real-world applications, the CMA course guarantees theoretical comprehension and practical insights. With a focus on strategic thinking and analytical abilities, it prepares CMAs for success in handling challenging financial circumstances. Professionals are prepared for difficulties in the changing financial world with this all-encompassing strategy. One of the best courses for commerce with math students is business ,it can improve their skills and access them lucrative career options by enrolling in customized courses.
By establishing ethical norms, the CMA program encourages honesty in financial decision-making. CMAs are vital in maintaining moral standards in company spending since they possess the necessary skills to steer companies toward dependable and sustainable financial practices. The CMA certification improves employment opportunities by fostering a strong feeling of responsibility in managing company money in addition to ethical standards. For those with a foundation in math and business, exploring diverse career options in commerce with math with salary can lead to rewarding opportunities.
6. Certified Financial Planner (CFP)
Certified Financial Planner (CFP) is administered and regulated under India’s Financial Planning Standards Board. This course is suitable for students keen to learn about personal finance, insurance planning, mutual funds, and wealth management. According to PayScale in India, a CFP earns around rupees 4,15,700 per annum, which is decently high. This is one of the top career options that commerce with maths benefits.
The CFP certification is well regarded for its flexibility in the ever-changing financial environment, offering vital advice in the face of changing economic situations. In order to help clients make informed decisions about investments, tax planning, and wealth preservation in the face of market volatility, certified financial planners are essential.
A rewarding career as a Certified Financial Planner (CFP) requires putting clients’ financial security ahead of business interests. The CFP credential makes it easier to succeed in financial planning since it combines mathematical accuracy with a client-centered methodology. A job as a Certified Financial Planner offers a wide range of potential in commerce with math for people who are interested in this junction. These opportunities include many employment options.
Students have little to no knowledge about the various courses of commerce with maths benefits. To enlighten them, here are the best commerce with maths scope after 12.
Courses after 12th commerce without math
Does commerce have math? Yes it does but not necessarily. These are some of the courses after 12th commerce without math with high salary:
- BHM (Bachelor of Hotel Management)
- BBS (Bachelor of Business Studies)
- BFIA (Bachelor of Financial and Investment Analysis)
- CS (Company Secretary)
- Diploma in Hotel Management
- Diploma in Event Management
- Diploma in Fashion Designing
- Journalism and Mass Communication
- BSW (Bachelor of Social Work)
- BA in Psychology
These are some of the courses after 12th commerce without math that can lead students down a great career path.
Commerce with Maths Subjects
Here is a list of the top subjects and specializations available to students with commerce with maths scope after 12th grade:
- Economics
- Business Administration
- Management
- Finance and Accounts
- Actuarial Science
- Statistics
- Chartered Accountancy
- Chartered Financial Analyst
- Investment Banking
- Accounting
- Corporate Laws
- Entrepreneurship
- Healthcare
- Human Resource Management
- Marketing
- Project Management
Best Courses for Students of Commerce with Maths
Now that we have discussed the best career options in Commerce with Maths, let’s look at the best courses in Commerce with Maths:
1. Bachelor of Arts in Economics
If you’re interested in economics and government policy regarding economic issues, then doing a degree in this subject would be perfect for you. A BA degree in Economics will help you understand various economic principles and concepts.
You’ll study modelling approaches, theories in economics, and their applications. Apart from those concepts, this course makes you proficient in using computing techniques and quantitative methods and their implementations to solve economic problems.
This is one of the highest paying courses. The average salary of an economist in India is around INR 4,07,635, which is quite high. Therefore, one of the highest demanding commerce with maths courses after 12th.
This is one of the highest paying courses. The average salary of an economist in India is around INR 4,07,635, which is quite high. Therefore, one of the highest demanding commerce with maths courses after 12th.
Career Options After This Course
Completing this course opens the doors for many career opportunities. After doing a BA in Economics, you can pursue higher education and do a MA in Economics. You can find jobs in many financial institutions and the financial sections of companies. To get high-paying jobs, you can supplement your economics degree with a data science course and become a data professional.
Your economics background will help you substantially in learning data science. Other popular career options after BA in Economics include Economic Researcher, Data Analyst, Financial Planner, Market Analyst, Operations Manager, Executive Assistant, Business Development Manager, Human Resources Manager.
2. Bachelor of Arts in Statistics
As a commerce with maths student, you can pursue a degree in statistics. Statistics is a popular choice among commerce with maths students because it requires strong problem-solving and analysis skills.
A BA in Statistics degree lasts for three years and covers many essential subjects of statistics such as Data Analysis, Actuarial Science, Econometrics, Energy Statistics, Business Statistics, Applied Information Economics, etc. The Indian Statistical Institute holds an admission exam every year and is one of the country’s toughest admission exams.
A BA degree in Statistics has a high demand among recruiters. The average remuneration of this degree is around INR 8,36,000 per year.
Career Options After This Course
After doing a BA in Statistics degree, you’ll have plenty of career options. Typical careers for statistics graduates are Data Analyst, Econometrician, Statistics Trainer, Risk Analyst, Data Scientist. Etc. You can take a specialized course to get more high-paying roles. For example, you can become a skilled data scientist by taking a data science course.
Your background in mathematics will help you in understanding the problematic concepts of data science with much ease. On the other hand, you can pursue higher studies and take the Master of Arts in Statistics (MA in Statistics) degree.
3. Bachelor of Commerce
An excellent choice for students of commerce with maths is a B.Com (Bachelor of Commerce). A B.Com degree allows you to pursue careers specific for commerce professionals. You can get lucrative jobs in commerce-related sectors such as banking, finance, management, accounting, etc.; moreover, a B.Com degree teaches you the fundamentals of commerce and its related subjects.
You’ll learn about basic business concepts and principles, accounting, business management, marketing, finance, economics, and marketing. As a commerce with maths student, you can take up business statistics, information systems, calculus, and other maths-related subjects.
Also Read: Career Options For Commerce Students
Career Options After This Course
A B.Com degree is an excellent choice for students who want to pursue a finance and accounting career. After completing your degree, you can pursue roles in accounting, business system analysis, decision analysis, management, insurance, finance, economics, and related fields.
You can pursue higher studies to get more specialized and higher-paying roles. Many B.Com students choose to pursue an M.Com (Master of Commerce) degree or an MBA (Master of Business Administration) degree. These degrees allow you to specialize in specific subjects and become a more skilled professional.
4. Bachelor of Commerce (Honors)
Another excellent option for commerce with maths students is to pursue a Bachelor of Commerce (Honors) degree. A B.Com (Honors) degree allows you to specialize in a specific commerce subject so you can get specialized knowledge of your preferred subject. It is quite different from the simple B.Com course.
That’s because a B.Com (Honors) degree lets you specialize in a particular subject while the simple B.Com course doesn’t. A simple B.Com degree gives you an overview of the general commerce-related topics. It doesn’t allow specializations, and that’s why B.Com (Honors) is quite a popular choice for commerce with maths students.
Both of these programs last for three years. However, the cut off for B.Com (Honors) degree is generally higher than the cut off for the B.Com course. The curriculum of your B.Com (Honors) course depends on your chosen subjects. Learn more about highest paying jobs in commerce.
Career Options After This Course
As a commerce with maths student, you might prefer the B.Com (Honors) course to specialize in particular subjects. The demand for B.Com (Honors) professionals is higher than the demand for B.Com professionals. The career options for B.Com (Honors) graduates remain nearly the same as for B.Com graduates.
However, specializing in specific subjects increases your chances of getting roles in those fields. For example, getting an accounting job will be easier for you if you specialized in accounting. Like we discussed before, you can supplement your degree with an M.Com (Master of Commerce) or an MBA (Master of Business Administration) to pursue more lucrative roles. Your career options with a B.Com (Honors) degree depend heavily on your specialization subjects.
5. Bachelor of Law
Studying mathematics helps you develop robust analysis and problem-solving skills. You can use those skills to help you learn the law. One of the most popular career options in commerce with maths students is pursuing law.
You can take a Bachelor of Law / Legum Baccalareus (LLB). LLB is a postgraduate degree and lasts for three years. If you’re a 12th pass out, you can take an integrated course such as B.Com + LLB right after 12th. Integrated courses such as B.Com + LLB allow you to get two degrees together.
The combined course for law lasts for five years. A law degree will teach you all law-related subjects and their relevance in society. You’ll study Labour Law, Code of Criminal Procedure, Family Law, Interpretation of Statutes, Legal Aids, Law of Evidence, Professional Ethics, and other related subjects.
Career Options After This Course
There are plenty of career options for law graduates. The most preferred career choice is becoming a lawyer. As a lawyer, you’ll represent clients in criminal and civil cases. Apart from representing, you’ll also be advising your clients on legal cases.
Another common career choice for law graduates is becoming a legal advisor for an organization. Companies require legal advisors to help them solve specific problems and mitigate them.
Apart from litigation, you can appear for the lower Judicial examinations right after your graduation. Clearing which you can be appointed as a Judge of any lower court. Judicial exams are also conducted at many levels. You have to clear every level to pass the Judicial examination.
6. Bachelor of Business Administration
If you’re interested in pursuing leadership roles in companies, you can seek a Bachelor of Business Administration (BBA) degree. It would allow you to study management and its related subjects.
It is one of the best courses in commerce with maths. A BBA course lasts for three years and helps you build a strong foundation for management skills. Some of the most important subjects of this course are financial accounting, capital management, business strategy, organizational behaviour, fundamental management skills, international finance, eCommerce, etc. Your background in mathematics will help you understand the advanced concepts of this course. BBA offers many specializations:
- BBA in International Business
- BBA in Hospitality
- BBA in Computer Application
- BBA in Business Administration
- BBA in Information Systems
- BBA in Entrepreneurship
- BBA in Human Resources
- BBA in Finance
Career Options After This Course
There are many career options for BBA graduates. Popular jobs for BBA graduates include Market Research Analyst, Marketing Executive, Management Trainee, Business Development Executive, etc.
After completing your BBA degree, you can pursue higher studies and get more specialized roles. As a commerce with maths student, you can get an MBA in Finance to get lucrative positions in the finance sector. On the other hand, you can take a digital marketing course and become a marketing expert. It would allow you to pursue digital marketing careers.
Final Thoughts
As the world becomes more data-driven and networked, the demand for professionals with a foundation in business and mathematics grows. The aforementioned courses offer good job opportunities and cater to a variety of interests and strengths within the area. Whether students desire to be professional actuaries, data analysts, financial risk managers, or well-known chartered accountants, these courses provide them with the skills and information they need to succeed.
Remember that making an informed selection about your future career needs research and a thorough awareness of your options. So, look into the numerous courses listed here, find your interests and strengths, and set off on a rewarding adventure in the field of Commerce with Maths.
Choosing the right career can be quite daunting. It’s best to learn about different career options and make a decision according to your interests. You should always pick a job that matches your interests and values.
We hope you liked this article on the best career options in commerce with maths. If you have any questions or suggestions regarding this article or topic, please let us know through the comments. We’d love to hear from you and answer your queries.
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