What are the benefits of pursuing an MBA for a Chartered Accountant (CA)?

The field of Finance and Management is continuously evolving and growing. This is why people from different backgrounds opt for an MBA to enhance their career trajectory further. Many CAs also decide to go for an MBA for the same reason. Your knowledge in accounting and related fields as a CA and the business acumen developed in business schools can open up many opportunities. There are companies explicitly looking for CA-plus-MBA graduates. You get excellent monetary compensation for your acute understanding of various aspects of business and your valuable contribution to the organisation.

What do you mean by Actuarial Science?

The field of Commerce offers many exciting career paths. Actuarial science is one such area which has seen a rise in recent years. It is expected to grow at the compounded rate of 26% in the next 8 years. The main job of an actuary is to assess the risks of risky financial ventures like insurance policies, financial investments, etc. The employment prospects of actuaries are vast. They are offered jobs in actuarial firms, investment banks, etc. The average salary of an Actuary in India with less than a year’s experience is INR 6.6 LPA. The world is brimming with possibilities. You should decide where your interest lies and do proper research before deciding upon a particular career path.

What is the average salary of an M.Com graduate?

Having a specialisation in any field opens up many possible career scopes. There is a high demand for skilled individuals in every area. They are offered excellent monetary compensation as the companies want to hire and retain these individuals. An M.Com graduate is a specialised degree in the field of Commerce. There are many job openings for M.Com graduates. They can work as an Assistant Accountant, Cashiers, Business Consultant, and Tax Consultant. The average salary of an M.Com graduate varies between INR 5-10 LPA. The number varies according to specialisation, company, job experience, and location.

What are the benefits of pursuing an MBA for a Chartered Accountant (CA)?

The field of Finance and Management is continuously evolving and growing. This is why people from different backgrounds opt for an MBA to enhance their career trajectory further. Many CAs also decide to go for an MBA for the same reason. Your knowledge in accounting and related fields as a CA and the business acumen developed in business schools can open up many opportunities. There are companies explicitly looking for CA-plus-MBA graduates. You get excellent monetary compensation for your acute understanding of various aspects of business and your valuable contribution to the organisation.

What do you mean by Actuarial Science?

The field of Commerce offers many exciting career paths. Actuarial science is one such area which has seen a rise in recent years. It is expected to grow at the compounded rate of 26% in the next 8 years. The main job of an actuary is to assess the risks of risky financial ventures like insurance policies, financial investments, etc. The employment prospects of actuaries are vast. They are offered jobs in actuarial firms, investment banks, etc. The average salary of an Actuary in India with less than a year’s experience is INR 6.6 LPA. The world is brimming with possibilities. You should decide where your interest lies and do proper research before deciding upon a particular career path.

What is the average salary of an M.Com graduate?

Having a specialisation in any field opens up many possible career scopes. There is a high demand for skilled individuals in every area. They are offered excellent monetary compensation as the companies want to hire and retain these individuals. An M.Com graduate is a specialised degree in the field of Commerce. There are many job openings for M.Com graduates. They can work as an Assistant Accountant, Cashiers, Business Consultant, and Tax Consultant. The average salary of an M.Com graduate varies between INR 5-10 LPA. The number varies according to specialisation, company, job experience, and location.

Top 6 Highest Paying Jobs in Commerce Without Maths [For Freshers & Experienced]

This article will tell you about the highest paying jobs in commerce without maths.

Life is unimaginable without maths. But several careers pay decent salaries to commerce graduates without maths. Many 12th-standard graduates are uncertain about how to advance their careers, and they may end up choosing the commerce stream. This stream offers exciting job opportunities both in the public and private sectors. It unlocks many high-paying job roles for skilled candidates. However, the point is can you get a job if you have dropped maths in your studies? Well, commerce graduates can get one of the jobs without maths in India.

The rising number of job opportunities in this field has led to a rise in the demand for various job positions. One of the most significant factors commerce graduates consider is salary. The following sections discuss commerce graduates’ 6 highest-paying jobs without maths in India. These jobs guarantee admirable salary packages for commerce graduates with the required skills and experience.

We’ll discuss each career in detail to ensure you don’t have any confusion regarding the same. Let’s get started:

Highest Paid Jobs in Commerce Without Maths

1. Chartered Accountancy

Chartered Accountancy is one of the most popular career choices among commerce students. A great thing about this career choice is that it doesn’t require you to have maths as a subject. Maths is not a compulsory subject for CA, so students who didn’t pick mathematics are eligible to pursue this career option.

Learners receive an average Salary hike of 58% with the highest being up to 400%.

To pass the CA exam, you’d only require a basic understanding of mathematics. Chartered Accountancy is one of the highest-paying jobs for commerce professionals.

You can enrol in the CA course right after high school, making it quite an attractive choice. The CA course has three stages: The Foundation Course, The Intermediate Course, and CA Final. Before 2017, these stages had these names: The Common Proficiency Test (CPT), the Integrated Professional Competence Course (IPCC), and the CA Final, respectively.

After you complete the three stages, you’ll have to do an internship of 2.5 years after which, you’ll get certified as a Chartered Accountant. The CA course lasts for three years and allows you to get roles in large corporations such as Deloitte, McKinsey & Company, Tata Consultancy Services, and EY. The average salary of a Chartered Accountant in India is INR 7.89 Lakh per annum.

Beginners in this field earn a median pay of INR 4.11 Lakh per annum. Experience matters a lot in this sector as CAs with 10+ years of industry experience earn a median salary of INR 17 Lakh per annum. So, CA is easily one of the highest paying jobs in commerce without maths.

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It is one of the highest searched jobs in India. Chartered Accountants are expected to work in different fields. They help with taxation, audits, and other financial management. It is a stable job role with a very low attrition rate. You can expect 4-7 years to become a Chartered Accountant. It is one of those that demand jobs without maths in India with excellent academic performance.

Read: Highest Paying Jobs in India

2. Company Secretary

Another prominent career choice for commerce without maths students is Company Secretary. Company secretaries are responsible for handling the regulatory issues of a company.

They help the board of directors understand and meet the various regulatory issues and ensure that the organization operates appropriately. Company secretaries provide that their organization completes all the necessary legal filings such as disclosures of annual earnings, quarterly earnings, tax obligations, etc.

Apart from doing these duties, company secretaries have meetings, perform reviews, and perform many tasks related to their company’s regulatory compliance. It is an excellent career choice for commerce without maths students because it focuses on corporate law. To become a successful company secretary, you should be an expert in corporate law. Students of any stream can enrol in the company secretary course.

After you complete the 12th, you’ll have to enrol in the ICSI Foundation course. After completing the ICSI Foundation course, you can join the ICSI Intermediate course. However, you should note that graduates and postgraduates can join the Intermediate course directly without taking the Foundation course.

After completing the Intermediate course, you would have to clear the ICSI Final exam and undergo the necessary training. After completing the necessary training, you’ll be certified as an Associate Company Secretary.

The median salary of a company secretary in India is INR 6.50 Lakh per annum. With experience, your pay can go get very good salary as a company secretary. Such a high salary range shows how Company Secretary is one of the highest-paid jobs in commerce without maths.

Company Secretaries are responsible for ensuring the company’s efficient operation. They look after the company’s general administration and shareholder communication. Therefore, these professionals are the leading pillars of the company.

They are in-house legal experts or regulatory officers that ensure flawless management of the company. In other words, corporate and securities law professionals are tasked with supervising legal and regulatory compliance and implementing the authority’s decisions. Furthermore, they work as chief consultants to the board of directors. They recommend ways to manage a business effectively, generate financial results, tackle the clash of interest issues, etc.

You must study for 3 years and appear for the CS executive exam at the end of the course. Many of the duties of these professionals are identical to that of the Corporate Compliance Officers. This is because CS ensures an organization’s administration operates efficiently, especially when it comes to guaranteeing compliance with statutory and regulatory requirements.

They act as mediators between the stakeholders and the board. Moreover, they are responsible for the corporation’s legal filings, like disclosures to shareholders, tax obligations, and quarterly or annual earnings and account information. Being a company secretary, a career in commerce without maths is bright if you hold strong academic performance and exceptional skills. They must be able to handle visual and written correspondence. An in-depth understanding of business rules is a must-have skill.

3. Certified Public Accountant (CPA)

A Certified Public Accountant (popular as CPA) is responsible for the accounting, reporting, and auditing companies, clients, and government agencies. Their job responsibilities vary according to their employer and specializations.

Usually, CPAs review their company’s financial info, report taxes, finance, and audits, prepare the necessary documentation, and stay updated on any regulation changes. They might perform audits for their company and improve the recordkeeping and bookkeeping processes for the same.

CPAs work with companies, accounting firms, NGOs, or run their own firms. It is a globally-recognized profession, so with a CPA certification, you can find jobs in overseas markets too. It would be best if you were adept at accounting to become a CPA.

The AICPA (American Institute of Certified Public Accountants) offers the CPA course. It requires you to enroll in the CPA certification program and pass the CPA exam. The course lasts for two years, and to earn the CPA license, you must complete 150 hours of the course semester.

The subjects for the CPA certification exam are Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).

As it’s a globally recognized certification, you can go abroad and work for foreign firms as a CPA. The average salary of a CPA in India is INR 7 Lakh per annum. Experience is critical to your career in this field.

For example, CPAs with around 1-4 years of experience earn around INR 6.7 Lakh per annum, whereas CPAs with more than ten years of experience make around INR 15 Lakh per year. It is undoubtedly an excellent career for commerce without maths students.

A CPA may be tasked with various activities ranging from assessing and inspecting an institution’s financial position (state agency/private corporation) to organizing audits for them. Being a CPA, you can fulfill your goal to embark on an excellent career in commerce without maths by cultivating the following skills.

Important skills required to become a CPA:

Knowledge of accounting and reporting procedures.
Knowledge of how to use new tools related to accounting systems.
Profound knowledge of tax laws
Leadership skills, profound organizational knowledge

You must know the course options that help you to become a CPA. The two popular courses are Bachelor in Commerce and BSc in Finance. You need to appear for corresponding CPA exams after the course completion. Your chances for well-paying jobs without maths in India increase if your exam score is good.

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Check out: Highest Paying Jobs in Commerce Field

4. Certified Management Accountant (CMA)

Commerce students have plenty of options when it comes to courses that offer career opportunities abroad. As commerce without maths student, you are eligible to pursue a career as a Certified Management Accountant (CMA).

The median salary of a CMA in India is INR 7.97 Lakh per annum. With more experience and expertise, your salary in this field can go up to INR 40 Lakh per annum too. So it’s undoubtedly a lucrative field with lots of opportunities. It also shows how CMA is among the highest paying jobs in commerce without maths.

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You’ll have to become a member of the Institute of Cost Accountants of India to become a CMA.

After you complete the Intermediate course, you’ll have to enroll in the Final Course after which, you’ll have to undergo Industry Oriented training and Practical Training. Finally, you’ll have to pass the Final exam to get the certification. You would only have to study some basic concepts of mathematics and statistics during CMA courses and training. Apart from that requirement, maths isn’t required anywhere in the course.

There are three levels of CMA –foundation, intermediate and final. You need to develop relevant skills if you aim to work on without maths jobs. The key skills you will learn in a CMA course are:

Financial Accounting
Management Accounting
Cost Management
Risk Management
Planning and Budgeting
Strategic Management
Performance Management
External Financial Reporting

5. Digital Marketer

Who says you should choose a commerce-specific career? There are tons of career opportunities for commerce without students beyond commerce-related fields. One of the highest paid jobs in commerce without maths is a digital marketer. As companies are becoming more and more digitized, the demand for online marketing professionals is rising accordingly.

As a digital marketer, you’ll be responsible for handling the online presence of your company. Digital marketers manage their clients’ social media profiles, run ad campaigns, oversee content creation, and focus on increasing the reach of their clients. As a digital marketer, you can find jobs in marketing agencies, advertising companies, large corporations, or start your digital marketing firm. You can choose to become a freelancer and be your own boss.

The median pay of a digital marketing manager in India is INR 5.41 Lakh per annum. It would be best to have a bachelor’s degree in any stream of your choice and a digital marketing certification to pursue a career in this field.

Digital marketers lead a team of marketing professionals who assist him or her in performing search engine optimization, social media marketing, online reputation management, content marketing, and many other things. Experienced digital marketers earn an average compensation of INR 11 Lakh per annum. So you can see how digital marketing is among the highest paying jobs in commerce without maths.

If you wish to explore and become an expert in Digital Marketing, check out MICA and upGrad’s Digital Marketing Certificate Program. Become an expert in social media marketing, content marketing, branding, marketing analysis and PR.

Almost all companies require digital marketing professionals. These professionals assist the organizations in developing awareness and an online community. Moreover, they also assist in boosting sales via various channels. They fulfill their client’s requirements by creating, conceptualizing, and marketing content. This job role demands a high level of management skills, creativity, and problem-solving skills. It is one of the topmost without maths jobs that offers handsome salary packages to deserving candidates.

6. Product Manager

If you’re interested in entering the tech sector or want a unique career path, you can become a product manager. The demand for product managers is significantly high in India because of their exceptional skills and qualifications. Product managers are responsible for the success of a specific product in a company.

They oversee the entire lifecycle of a product. This means they handle the ideation, conception, development, production, promotion, release, and performance of the product. As the industry has become more suitable for the agile methodology, companies have started releasing more products. That’s why the demand for product managers has increased exponentially in the past few years.

The average pay of a product manager in India is INR 16 Lakh per annum. They are responsible for determining their products’ demand, monitoring the industry trends, and overseeing the development process. Like all the careers we discussed in this article, the pay of a product manager in India depends heavily on their experience.

Product managers with 1-4 years of industry experience earn a median salary of INR 13 Lakh per annum, whereas product managers with more than ten years of experience make INR 20 Lakh per annum. As commerce without maths student, you can quickly pursue a career in this field. Although most jobs for this field require a graduate degree, having specialized certification in product management will substantially enhance your chances of bagging this role.

For instance, aspirants can opt for upGrad’s Product Management Certification course. This course provides in-depth knowledge on various topics like user design, market research & analytics, product planning and development.

All businesses are constantly working on creating innovative services and products to reach an international audience. Product managers are important parts of the product development process, ranging from its early conceptualization to final manufacturing. Plenty of companies are on the hunt for expert product managers who are innovative and creative. The commerce without maths scope is ample for this job role.

Important skills required to become a product manager:

Fundamental knowledge of data interpretation and analysis
Knowledge of KPIs and the specific industry
Strategic Management
Business Skills
Familiarity with user design and user experience
Research skills
Analytical skills
Attention to detail

Courses you can pursue to become a product manager:

Bachelor in Business Administration
Bachelor in Management Studies
Bachelors in Marketing
Bachelor in Finance/ Economics
MBA in Product Management
MSc in Marketing

Also Read: Career Options For Commerce Students

Final Thoughts

The commerce without maths scope is ample for deserving candidates. The discussed jobs not only come with good earning opportunities but also help candidates boost the efficiency of the organization they are working with. The combination of decent academic performance, relevant skills, and experience can significantly increase the chances of obtaining a well-paying job in commerce without maths.

We hope you like this article on the highest paid jobs in commerce without maths. Please let us know what you thought of this article. We’d love to hear from you. We hope we made choosing your career easier through this article. Money is a great reason to select a field, but you should also keep your interests in mind during the selection.