Are you thinking about a commerce degree but unsure about its prospects? Are you being pressured into a field of education that you don’t feel is the right choice for you? If this sounds familiar, then you’re at the right place. In some places of India, there is a primitive concept that if someone doesn’t have a science degree, then there is no future for that person. That’s ludicrous, to say the least!

The fact is that commerce is the lifeblood of modern society. It helps run everything ranging from multinational corporations to small-scale businesses that provide essential items for mankind. Thus, if there is no commerce, the entire country will succumb to anarchy. For this sole reason, a career in commerce will always be viable.

Today, in this article below, we, at MVM PU College, one of the best PU colleges in Bangalore for commerce, will elucidate how a career in commerce will provide you with diverse career options. Read on.

A Buffet of Career Choices

The diversity of career choice for commerce students include:

  • Accounting

Companies, both big and small, are always looking to hire good accountants, and their salary increment scope is exponential. The nature of their job enables them to learn valuable information about a company’s financial situation, thus providing them with deep insight into any business. Good accountants not only maintain the books, but they can also save a business. This aspect makes their job very desirable and indispensable to any organization. Moreover, accountants enjoy a good work-life balance and flexible work timings as well.

  • Banking

A career in the banking industry is just as lucrative as secure. It is because the banking industry has grown steadily over the decades. The banking industry offers many different jobs for commerce graduates, ranging right from investment banking and credit analysis to retail banking and insurance. Career advancement in the banking industry is quite fast. Those individuals with a wider skill set and strong work ethics can get promoted to the status of a manager at an early age and enjoy a lucrative salary.

  • Taxation

Taxation is an integral part of the economy and is a complex field to master. Taxation professionals are responsible for ensuring that individuals, businesses, and other organizations comply with tax laws in their country. A career in taxation can be very lucrative if you have the right skill set. The salary of a tax consultant is very high as they devise tax strategies and have a wider skill set that allows them to be exemplary at financial planning and investment.

  • Insurance

An insurance career is a great option for those looking for a stable and well-paid career. You can work in any industry sector, such as health, life, property, motor, etc. There are many different types of jobs in the insurance sector, like claims adjusters, underwriters, risk managers, actuaries, and many more. With the right skills and the determination to do big, the average salary for an employee in the Indian Insurance industry can easily reach a six-figure mark per month.

  • Finance

A career in finance is surely one of the most lucrative career choices you can make post pursuing your degree in commerce. It is one of the most sought-after careers with a great future. The job market for finance professionals is vibrant, and the demand for specialists in the field is high. The finance industry in India has seen tremendous growth over the last few years. With more people opening up to investing and taking loans, there has been an increase in demand for financial services and professionals who can provide these services. Career options for people in India’s finance field include Corporate Finance, Financial Planning, Stock Broking, Investment Banking, etc.

  • Wealth Management

A career in wealth management involves managing and growing the assets of a client. It includes investments, insurance, retirement planning, and more. A good wealth manager ensuring keeping in touch with the clients regularly to ensure that investments are performing well and their financial goals are on track. They help their clients plan for the future well and provide insights into managing their finances better.

All in all, what you can see above are only a fraction of the options you’ll have with a commerce degree. Thus, if pursuing your studies in commerce is on your mind, we, at MVM PU College, positioned among the best PU colleges in Bangalore for commerce, would like to assure you that there are a number of different career paths waiting for you ahead. You just need to find the one that suits you the best!

Remember, the most important thing is to be open to new opportunities and always be willing to learn more about new industries. And we, at MVM PU College, are right here to equip you with the necessary skills and knowledge to enable you to aim for the moon and grow successful in your personal as well as professional life.