Host of career choices along with commerce

PUBLISH DATE 17th July 2018

Along with BCom, Chartered Accountancy is a favoured career option for students. Many register for the common proficiency test and integrated professional competence course and the final course.

With CPT, students can simultaneously take admission in any graduation course. Students have to undergo the on-job training called “articleship” with an audit or accounts firm. CA tentatively takes five years to complete. After successful completion, students can opt for a professional auditing & taxation practice or full-time corporate positions.

Students could also opt for Cost & Management Accountant which consists of three levels as foundation immediately after Standard XII , intermediate & final.

Cost Accountant is primarily responsible in the decision-making process of price fixation by way of correct cost estimation. Students can also join Company Secretary course after Standard XII which begins with foundation programme followed by executive programme and professional programme at the end.

A company secretary is an exclusive, mandatory and statutory position in the company who is responsible for ensuring compliance with statutory, legal and regulatory requirements. Big organizations take financial decisions after analysis at length. Certified Financial Analyst is a sought-after career in finance. CFAs help in financial decision making to minimize the risk for the company, so they are highly paid as well.

Students can opt for management education after standard XII. They can opt for BBA or BMS & thereafter MBA in finance with micro specializations such as equity research, wealth management, treasury management, banking & finance, insurance and others.

Specialized graduation course in economics is also a good option. Considering the growth in overseas business a bachelor’s in foreign trade management is an emerging career. Certified financial planner is also a favoured choice. Students can get certifications from Association of Mutual Funds of India for opportunities in private banking and investment sector.

— Anand Dadas | Director, Neville Wadia Institute of Management Studies & Research

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