One of the most lucrative and extensive fields of study is commerce. Numerous courses, such as those in business studies, management, marketing analysis, arithmetic, economics, and statistics, are included. Students in the 11th and 12th grades have the opportunity to study a variety of topics in the field of commerce. This is the greatest method to identify your key knowledge, passions, and skills.
Finance professionals help people in making important decisions that will safeguard their business and their future. Additionally, by doing this, commerce specialists significantly improve people’s lives.
You must be aware of the alternatives to CA for students majoring in commerce. We are creating this article to assist you in knowing such career options.
We help you to identify the most lucrative and well-paying career opportunities in commerce:
- Certified Financial Planner
Being a Certified Financial Planner is one of the best career options if you are interested in financial planning. The Financial Planning Standards Board (FPSB) provides this professional training programme. The importance of money, risk management, insurance planning, retirement planning, estate planning, and other personal finance topics are covered here.
In India, where the number of investors is rising, there is a great need for competent financial planners. You can meet these criteria by choosing this stream.
The experts who complete this course work as consultants for banks, asset management firms, insurance providers, mutual funds, etc.
- Financial Risk Manager
Financial risks come in many forms, including credit risk, market risk, liquidity risk, company risk, etc. Businesses want experts who can advise them on various risk management strategies and eventually aid in the expansion of their operations and return on investment.
A financial risk manager can fill this position. These experts work to discover, evaluate, control and assess all kinds of financial hazards while taking a risk management course. This is the finest course of action to recommend if your student is eager to pursue a career in risk management.
Risk Managers, Analytics Client Consultant, Credit Risk Specialists, Market Risk Specialists, etc. are all a few career opportunities.
- CFA – Chartered Financial Analyst
The Chartered Financial Analyst certification is one of the hardest to earn but also one of the most rewarding. After earning your CFA, you’ll be able to manage a portfolio in the real world and give a solid basis for sophisticated investment research. Moreover, you will learn about the industry’s moral and professional standards
- Finance officer
MBA finance gives you good all-around exposure to several financial career options, including accounting, cost accounting, financial modelling, statistics, and more.
Foundational training in statistics, leadership, economics, strategy, and marketing is often offered by MBA in Finance programmes. You can work for investment banks, equities research, consultancy, and technology companies if you do it from well-reputed institutes.
- Consultants
Consultants offer advice on business matters to people or businesses involved in a specific industry. They perform market research and interviews to gain a deeper understanding of the marketplace and provide advice to businesses on how to execute lucrative operations, marketing, management, and strategy decisions to save money.
Finance professionals help people in making important decisions that will safeguard their business and their future. Additionally, by doing this, commerce specialists significantly improve people’s lives.