Accounting & Commerce

Hi Susmitha,
To become an IAS officer you have to appear in Civil Service Exam.
The Civil Service Examination is organized by UPSC every year to recruit candidate for IAS, IPS etc.
Academic Qualification:
The candidate must hold a bachelor's degree in any field from a well known college or university.
Candidates who have appeared at an examination the passing of which would render them educationally qualified for the Commission's examination but have not been informed of the results as also the candidates who intend to appear at such a qualifying examination will also be eligible for admission to the Preliminary Examination.
-Age Limits:
A candidate must have attained the age of 21 years and must not have attained the age of 30 years on 1st August, in the year of examination.
Number of attempts:
Every candidate appearing at the examination who is otherwise eligible, shall be permitted four attempts at the examination.
However, your passion in a particular subject and your caliber for attaining the highest level of specialization, will eventually lead to a phenomenal career path.
I would therefore suggest you to consider your skills and strengths to boost your career plans.
You can take CPT test.Once you clear that, you can start preparing for CA inter exam and on the other hand you can pursue B.ComI also.
Any University has no objection in doing CA along with graduation course.
After passing your 12th you can enroll for CA and graduation at same.
In this way you'll save your time and will complete the course in shorter period of time.
There are three stages in CA:
-Common Proficiency Test(CPT)
-IPCC
-Final examination
These are the following coaching institutes that offer CPT test preparation in India:
-J.K.Shah Classes, Mumbai
-IMS Institute, Indiranagar, Bangalore
-Face the Book Education Hub, Bapunagar, Ahmedabad
-Academy of Commerce-New Delhi
-VG Professional studies-Delhi
-Institute of Finance and Accounts-Noida
-Maksi CA/CMA/CS Institute, S.R. Nagar, Hyderabad
Some of the conventional and upcoming career options available for Chartered Accountants.
-Audit and Taxation
-Project Finance/ Financial Advisory/ Mergers & Acquisitions
-Investment Banking
-Banking and Financial Services
-Outsourcing
-Corporate Sector
-Tax management
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Hi Ram,
Both BBA and B.Com are different courses.You can opt for any one of them depending on your interest and grades.
To give you a general idea:
1. BBA is a management oriented course.The core subjects include business studies,economics, marketing,human resources, operations,financial management,business communication,organization behavior,business statistics etc.
2.B.Com is a commerce oriented stream.The subjects include financial accounting,maths & statistics,banking & finance,corporate accounting,corporate law,advanced accounting,auditing, taxation etc.
Hope it helps.Please feel free to ask more questions. Click on thumbs up or select it as best answer if you find this useful.
Wish You Luck!

Hi Satyam,
There are huge number of job opportunities in Commerce field as India is developing economically at faster rate.
Many countries are considering India as the safest place to make investments.
Because of these things, there are good jobs for the candidates in Commerce field.
B.Com, B.Com (Honours) and BBA are the most popular undergraduate courses available in commerce stream after 12th. If the candidates are looking for short term courses in commerce, then they can pursue either diploma or certificate courses on Banking and Insurance, Taxation, Stock Market etc. By pursuing any of these commerce courses, one can find jobs like Account Officer, Stock Exchange Broker, Accounting Clerk, Accounting Analyst etc. B.Com or BBA graduates can pursue postgraduate course like MBA, MBE or M.Com to widen their career prospects.
Courses in Commerce stream after 12th
Degree courses
Bachelor of Arts in Business Economics
Bachelor of Business Administration in Account and Finance
Bachelor of Business Administration in Banking
Bachelor of Business Management in Computer Application
Bachelor of Business Administration in Banking and Finance
Bachelor of Business Administration in Marketing and Finance
Bachelor of Business Studies
Bachelor of Commerce
Bachelor of Commerce in Accounting and Taxation
Bachelor of Commerce in Banking and Insurance
Bachelor of Commerce in Accounting and Finance
Bachelor of Commerce in Applied Economics
Bachelor of Commerce (Honors) in Accounting and Finance
Bachelor of Commerce (Honors) in International Accounting
Bachelor of Commerce (Honors) in Banking and Insurance
Bachelor of Commerce (Honors) in Taxation
Bachelor of Commerce (Honrs) in Cost and Management Accounting etc
Diploma courses
Diploma in Banking and Insurance Management
Diploma in E-Commerce
Diploma in Tally Software
Diploma in Stock Analysis and Trading
Certificate courses
Certificate course in Micro Finance
Certificate course in Applied Managerial Economics
Certificate course in Stock Market
Certificate course in Accounting
As you have completed 12th class in Commerce stream, you can also join any of the following courses at your higher academic levels
Chartered Accountancy course
ICWAI
Company Secretary course
For more details kindly visit this link:
https://www.shiksha.com/career-options-after-12th
Hope it helps.
Please feel free to revert.
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Hi,
MBA in finance is a good course to pursue and it offers good career prospects and excellent growth opportunities.
After completing this course you may look out for exciting careers in banks, financial consultancies and financial institutions.
You may get involved in consumer and investment banking, institutional finance, merchant banking, corporate finance and international finance.
A good experience in this field can also lead you to serve on government committees and contribute significantly to policy-making issues.
You may also end up providing consultancy services to corporate and government organizations.
The remuneration of MBA in finance graduates is dependent upon the type of organizations that takes them in.
Those who work as financial analysts start off with a minimum package of Rs 4 lacs an year.
Credit analysts start at Rs 5-7 lacs per annum and earn as much as Rs 15-30 lacs per annum once they reach senior level positions.
Management consultants too start at Rs 5-8 lacs and within a few years earn as much as Rs 10-15 lacs per annum.
Refer to the link mentioned below to get detailed information regarding various institutes in India to pursue MBA in finance program.
Link: https://mba.shiksha.com/mba-in-finance-courses-in-india-ctpg?sort=none&nl=0#cateSearchBlock
I hope this answers your query.
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Thanks,
All the Best.