Know more about the incredible scope of commerce studies in India

The demand for commerce subjects has soared with many students opting for the commerce stream in plus two. However, students often have lots of doubts about the scope of this field of study and the best colleges that offer higher education in commerce subjects in Kerala.

Commerce is an incredible field of study that offers unlimited career options and well-paying jobs. Most people who take commerce stream for plus two go for BCom and MCom courses, which is an excellent choice. Those who pass MCom with at least 55% marks could aspire to become college / university professors after qualifying the UGC National Eligibility Test (https://ugcnet.nta.nic.in). Even though those who qualify NET are eligible for admission to PhD, there aren’t many institutes that offer research programs in commerce subjects.

Meanwhile, those who have passed MCom with at least 50% marks could apply for the State Eligibility Test (www.lbscentre.kerala.gov.in) to become higher secondary school teachers. BEd qualification is not mandatory for commerce teachers.

Besides these, qualified professionals in commerce can find incredible career opportunities in vast areas. For that, one need not even study commerce as core subject in plus two. A candidate who has 45% marks in any stream for plus two can apply for BCom course. However, their spot would be pretty low in the rank list of applicants. Besides, you could study BCom via private registration too.

Scope
*Chartered Accountancy: www.icai.org
*Company Secretary: www.icmai.in
* ACCA: The Association of Chartered Certified Accountants – www.accaglobal.com
* CIMA: Chartered Institute of Management Accountants – www.cimaglobal.com
* CMA: Certified Management Accountant – www.imanet.org
* CFA: Chartered Financial Analyst – www.cfainstitute.org (The applicant should fly to the United States of America or the Gulf to write the entrance test)

Commerce graduates could find job opportunities in business fields, analytics, credit analysis, E – commerce, E – business, digital marketing, investment and securities, real estate business and insolvency resolution. Those who are interested in pursuing a career in these fields can easily find the details.

Company Secretary
Training in company secretaryship is an excellent field of study that opens impressive and well-paying career opportunities in the corporate sector. However, there aren’t regular colleges that offer courses in this. Aspirants have to study themselves with the help of instruction materials published by institutes, online coaching, private tuitions and special chapters prepared by the institutes. It is an amazing choice for those who are interested in studying accounting and law.

Earlier, the candidates had to attend three levels of exam, beginning from the foundation. Now, the foundation level exam has been cancelled. Instead, plus two students can attend an examination called the CSEET (CS Executive Entrance Test). In this exam, the candidate has to write four simple papers related to the subject. Besides, there will also be a viva – voce of 15 minutes that tests the presentation and communication skills of the candidates (viva voce has been temporarily cancelled due to Covid – 19 restrictions). Click on the CSEET link in the website www.icsi.edu for the syllabus of the exam, mock tests and to know more about the admission process.

Those who have passed plus two can register for the exam for executives. Candidates who pass this exam can join for various professional programs. They could get enrolled in recognised institutes by fulfilling the guidelines for practical training.

Job profile
There should be a full-time company secretary in a company with at least Rs 10 crore as capital. A company secretary holds a vital port folio in the corporate sector. He/she should perform jobs and tasks related to the administration. Besides, they should ensure that the company functions by strictly obeying the laws. Moreover, they would be in – charge of appointments, secretarial tasks, accounting and auditing.

They should represent the company in front of the authorities of the Registrar of Companies and at arbitrations too. Company secretaries often work with the director board. They may also have to oversee the inception of new companies, merging and liquidation. It is the Institute of Company Secretaries of India that oversees every aspect of this profession – www.icsi.edu.

Full – time integrated company secretary program
Integrated Company Secretary Program Institute in Mumbai offers a 3 year full – time regular course for selected candidates who have completed graduation.