Accounting & Commerce

Hi,
Ideally, you should pick specialization that best suits your aptitude, interest, strengths and career goals.
Finance if you inclined for work in banks, financial institutions, etc or pick Marketing if you are good at communications and get along with people well.
You may also refer the links below:-
https://www.shiksha.com/top-5-mba-specializations-in-india-article-3223-1
https://www.shiksha.com/top-10-mba-specializations-in-2012-article-5284-1
Both Finance and Marketing open up lucrative prospects, hence you should pick the field that appeals to you, defining the role you wish to play in future and ensuring that you have the talent and skills to match your choice. It is all about passion, hard work and conviction. For more details, visit the link below-
https://www.shiksha.com/choosing-between-mba-finance-mba-marketing-article-5418-1
Feel free to discuss further.

Hi,
Yes you can go ahead.
All students aspiring to become Chartered Accountants must register for Integrated Professional Competence Course (IPCC) with the Institute of Chartered Accountants of India. Chartered Accountancy can be pursued after Class 10+2 or graduation.
On passing Class 10 examination students may register for Common Proficiency Test ,which is held in Common Proficiency Test examinations are held in June & December every year.
A student who has passed Common Proficiency Test (CPT) and Senior Secondary Examination (10+2 examination may join the Professional Competence Course (PCC). * Simultaneously, the student must register for articled training of a period of three and half years. * After 3 months of article ship student has to register and undergo 100 Hours Information Technology Training. * A student can appear in Professional Competence Examination (PCE) after successful completion of 100 Hours of Information Technology Training and also completion of 15 months of articled training three months. This must end prior to the first day of the month in which Professional Competence Examination (PCE) is to be held i.e. after completion of 15 months of articled training as on 1st February/1st August for appearing in May/November.
Examination or 18 months of articled training as on 1st May/November.Graduate & Post graduate entry -From August 2012 graduates and Postgraduates can enroll directly for the Integrated Professional Competency Course(IPCC).
After registering for the program, aspirants undergo three years of training under a practicing chartered accountant. On the successful completion of nine months training, they can appear for the IPCC exam. They will also have to complete the 100 hours of Information Technology Training Course and 35 hours of orientation course.
Read more about How to get there and where to study-
https://www.shiksha.com/getArticleDetail/165/Chartered-Accountants-Study-Training
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Hi,
You can go ahead. They form a strong combination.
You'll be able to seek employment in various sectors such as in government and private sectors, public accounting firms, markets research, budget planning, corporations and consultancies.
Professionals in this career can also opt for teaching jobs in universities and colleges. Graduate professionals can work as freelancers in this field. They can work separately by taking assignments from small venture for maintaining their accounts on daily or weekly basis. There are lots of job opportunities available in India as well as in foreign countries for chartered accountants.
Some job titles: -
Finance Managers
Independent Worker
Financial Advisors
Directors (Finance)
Financial Controllers
Chief Financial Officer
Certified Public Accountant
Chartered Management Accountant
Remuneration: -
Accounting and finance is one highly remunerative field. Accountant's income mostly depends upon their qualifications and experience. For those who want to pursue a career in accounting, their initial salary starts from 25, 000 to 35,000 per month. After gaining much experience and knowledge one can get around Rs.40, 000 to Rs.65, 000 per month. Chartered accountants working in private sectors can earn handsome salary. Professionals working in government sector can earn around Rs. 25,000 to Rs.28, 000 every month with allowances.
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Hi,
The B.Com. programme provides a good knowledge base for a range of careers. These are broadly of two types:
Those in business and finance such as CA, company secretaryship (CS), cost and works accountants (ICWA), banking.
Others, including or related to Finance, Law, Mass Communication, Hotel Management, etc.
A commerce education can lead to jobs with corporations and banks as investment bankers, managers, financial consultants, accountants, advisers etc. Accountancy is key in this field and if you are good with numbers, you can excel as a CA. Even if you have not cleared the PCC. you can still get into finance-related careers through programmes such as ICWA and CS.
You may even consider diplomas in banking and finance, treasury management and financial planning offered by a number of institutes.
Commerce graduates can also take competitive examinations for recruitment to the civil services, including the Indian Administrative Service, Indian Police Service, Indian Foreign Service, Indian Economic Services and others.
After B.Com, you may also do an MBA, even if it is a correspondence programme, as long as it is from a recognized university. If you are interested in non-finance courses, there are number of diplomas available in fields such as mass communication, event management, and travel and tourism. Much depends on your interests and the field of work you wish to focus on.
You may also refer the link below:-
https://ask.shiksha.com/what-after-b-com-job-or-higher-studies-qna-2169117
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Hi,
There are several factors that need to be considered before choosing a particular stream after Class 12:
Aptitude of the student
Personal Interests
Options for you-
BBA
BBM
B.A English
Bachelors in Journalism and Mass Communication
Besides, you may also consider-
1. Foreign language if aim for an interpreter's job in the consulates and embassies. Some of the choices in this regard are French, Spanish, German, Russian, Japanese or Chinese.
2. Courses in hotel management, performing arts, travel and tourism and more.
You can analyze the various opportunities available and select the right path based on your personal criteria which should include:
*The interest and aptitude towards the subject
*Interest to get a job
*The future Demand for the particular program
You may also refer the link below:-
https://www.shiksha.com/career-options-after-12th
https://www.shiksha.com/how-to-choose-your-career-before-you-start-college-article-4128-1
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Hi,
If you are wondering which would better suit you- career in Chartered Accountancy or a career in Cost Accountancy, then read on to find out more.
*Chartered Accountancy (CA) is one of the most highly sought after courses in India. It is the most prestigious qualification in accounting and finance degree. Chartered Accountancy equips a student with thorough knowledge of auditing, taxation and accounting. It is important for students to register with the institute of Chartered Accountants of India to appear for the examination.
https://www.shiksha.com/career-as-chartered-accountant-cc-23
Scope and Career Prospect: Chartered accountants are involved in a variety of roles. They are either employed by a company or are practicing chartered accountants. They are involved in:
preparing financial statements and management reports
liaising with internal and external auditors
carrying out taxation and auditing work
advising on tax and efficient tax planning
preparing the annual reports
Quality chartered accountants are always in high demand. As a fresher, you will start your career as internal auditor or as a team member in the finance department of an organisation.
*With the globalization of the economy, the demand of quality cost and management professionals is on the upswing. Cost Accountant is expected to collect, assimilate, collate and analyze financial information from all areas of the organization. A cost accounting degree equips you with the knowledge on how to manage finance competently and ensure managerial decisions are well within the available resources.
https://www.shiksha.com/career-in-icwai-article-4663-1
Career Prospects: With experience and training, cost accountants can hold top management position like Financial Controller, Chief Accountant, Cost Controller, Marketing Manager and Chief Internal Auditor.
Average salaries at junior level are Rs 10,000 to Rs 15,000 per month while a senior most CWA can expect to get Rs 30000 to Rs 35,000 per month in domestic markets.
You can analyze the various opportunities available and select the right path based on your personal criteria which should include:
*The interest and aptitude towards the subject
*Interest to get a job
*The future Demand for the particular program
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