{"id":19955,"date":"2024-12-26T11:30:16","date_gmt":"2024-12-26T11:30:16","guid":{"rendered":"https:\/\/www.globalcareercounsellor.com\/blog\/?p=19955"},"modified":"2024-12-26T11:56:15","modified_gmt":"2024-12-26T11:56:15","slug":"career-options-for-commerce-students-other-than-ca","status":"publish","type":"post","link":"https:\/\/www.globalcareercounsellor.com\/blog\/career-options-for-commerce-students-other-than-ca\/","title":{"rendered":"Career Options For Commerce Students Other Than CA"},"content":{"rendered":"<blockquote>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #0000ff;\">Become a Charted Accountant aka CA and your life is sorted.<\/span><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Above is a common statement that the majority of Commerce students hear from their parents and relatives.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Lakhs of students appear for CA exams every year (including both groups) and among them, only 10-15% of students pass these exams. But this doesn\u2019t mean that the rest of the students don\u2019t get the chance to make their dreams come true.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">No doubt, Chartered Accountancy is a phenomenal career opportunity for Commerce students. However, not passing this exam doesn\u2019t mean that the world ends here.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Being a career counsellor, you should know what career options are available for Commerce students other than CA. To help you explore such career opportunities, we are writing this blog. You can go through the entire article and read about the best career options for Commerce students other than CA.\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><strong><span style=\"font-family: georgia, palatino; color: #000000;\">Career Options in Commerce Apart from CA<\/span><\/strong><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\">Check out alternative career options for Commerce students other than CA here:<\/span><\/p>\n<h4 style=\"text-align: justify;\"><strong><span style=\"font-family: georgia, palatino; color: #000000;\">Actuary<\/span><\/strong><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Let\u2019s start with understanding what Actuary is all about. An actuary estimates the financial impact of uncertainty with the help of Maths and Statistics and minimizes financial risks. The work of an actuary can be described as:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Help clients minimize financial risks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Their work varies from analyzing to administrative duties and consulting.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">\u00a0Make financial models with different calculations.\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Their work can be summarized as advising on adequate risk management, investment policies and assessing the financial impact.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">If your student is interested in assessing financial risks, he\/she can go for this course. Through this professional course, they learn statistical and mathematical methods to assess economic conditions.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Salary: <\/b><span style=\"font-weight: 400;\">The pay slab for an actuary can go up to INR 50 LPA, quite a high amount. If your student is good at Financial Modeling, Financial Analysis, and Statistical Analysis, he\/she is going to rule the industry. To reach up to such a salary slab, an exceptional command over the expertise is required.\u00a0<\/span><\/span><\/p>\n<h4 style=\"text-align: justify;\"><strong><span style=\"font-family: georgia, palatino; color: #000000;\">Certified Financial Planner<\/span><\/strong><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Why always recommend a traditional and popular course? If your student is interested in financial planning, being a Certified Financial Planner is one of the most suitable job roles. This professional course is offered by the Financial Planning Standards Board (FPSB). It focuses on personal finance like the value of money, risk and insurance planning, retirement planning, estate planning, etc.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">After completing this course, the professionals work as consultants in banks, asset management companies, insurance companies, mutual funds, etc.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Salary: <\/b><span style=\"font-weight: 400;\">The average salary for a certified financial planner could be 5.00 LPA. The salary can go up to 15 LPA according to the expertise and experience.<\/span><\/span><\/p>\n<p><span style=\"font-family: georgia, palatino;\"><strong>Also Read: <span style=\"color: #800080;\"><a style=\"color: #800080;\" href=\"https:\/\/www.globalcareercounsellor.com\/blog\/demystifying-the-liberal-arts\/\" target=\"_blank\" rel=\"noopener noreferrer\">Why Liberal Arts Education Worth It<\/a><\/span><\/strong><\/span><\/p>\n<h4 style=\"text-align: justify;\"><strong><span style=\"font-family: georgia, palatino; color: #000000;\">Financial Risk Manager<\/span><\/strong><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">There are different types of financial risks like credit risk, market risk, liquidity risk, business risk, etc. Businesses need professionals who can guide them for different risk management and ultimately help them grow their businesses and ROI.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">That\u2019s where the role of a financial risk manager comes in. These professionals study the risk management course and work to identify, analyze, control, and assess all types of financial risks.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">If your student is willing to pursue a career in risk management, this is the best thing to suggest.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Salary: <\/b><span style=\"font-weight: 400;\">When it comes to the salary, a financial risk manager earns from 3.00 LPA which goes up to 35 LPA depending on the experience.<\/span><\/span><\/p>\n<h4 style=\"text-align: justify;\"><strong><span style=\"font-family: georgia, palatino; color: #000000;\">Company Secretary\u00a0<\/span><\/strong><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">A company secretary is necessary for an efficient and effective administration in every company. It is one of the most popular and prestigious posts for a professional. It comes under one of the most senior positions in a company or organization.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">To become a Company Secretary (CS), students need to appear for the Company Secretaryship Course and clear associated exams. This course is conducted under the administration of the Institute of Company Secretaries of India (ICSI). Due to its high-value credentials and scope of lucrative job opportunities, this course is very popular among Commerce students.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">The job role of a Company Secretary can be described as:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Guide the chairman and board members on their duties and responsibilities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Ensure that the board functions efficiently and effectively.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Take care of the information flows within the board and its committees and between senior management.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Ensure that the company complies with all the legal and statutory requirements, and more.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Salary: <\/b><span style=\"font-weight: 400;\">The average annual salary of a company secretary starts from 25 LPA and goes up to 50 LPA depending on the experience.<\/span><\/span><\/p>\n<h2 style=\"text-align: justify;\"><strong><span style=\"font-family: georgia, palatino; color: #000000;\">Frequently Asked Questions<\/span><\/strong><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><strong>Question 1: What are alternatives to CA?<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\"><strong>Answer:<\/strong> The alternative career options other than Charted Accountancy are:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Actuary<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Certified Financial Planner<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Financial Risk Manager<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Company Secretary\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Other than these courses, Commerce students can go for:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">B.Com<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">BA<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">BBA<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">LLB<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Bachelor of Journalism<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Bachelor of Journalism &amp; Mass Communication<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: georgia, palatino; color: #000000;\">Diploma in Education (D.Ed.).<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\">You can also suggest some other <span style=\"color: #800080;\"><a style=\"color: #800080;\" href=\"https:\/\/www.globalcareercounsellor.com\/blog\/7-most-high-paying-alternative-careers-your-students-could-select-2\/\" target=\"_blank\" rel=\"noopener noreferrer\">high-paying alternative careers<\/a><\/span>. It&#8217;s not necessary to pursue a career in the core field. As per the interests of the students, you can suggest to them other career opportunities too.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Question 2: What can I do after 12th commerce except for CA?<\/b><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Answer: <\/b><span style=\"font-weight: 400;\">If you come from a Commerce background, you can go for Bachelor\u2019s degrees like BA, B.Com, BBA, Journalism, Mass Media, and more.\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Question 3: Which career is best for commerce students?<\/b><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Answer: <\/b><span style=\"font-weight: 400;\">There\u2019s no best career in any stream. It totally depends on the interests, capabilities, likes, dislikes, etc of every student and what career best suits him\/her. Therefore, the best career for Commerce students depends on their willingness to pursue.<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Question 4: Which jobs are in demand for commerce students?<\/b><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Answer: <\/b><span style=\"font-weight: 400;\">There\u2019s no in-demand or off-demand concept when it comes to professions. If your student is good at what he\/she does and equipped with the right skills, he\/she will definitely make the dreams come true.<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Question-5: Can only commerce students become CA?<\/b><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: georgia, palatino; color: #000000;\"><b>Answer: <\/b><span style=\"font-weight: 400;\">It\u2019s not mandatory, any student irrespective of the educational background can pursue CA after the 12th class. However, in general, students from Commerce background go for Chartered Accountancy (CA) course because they already study the core subjects.\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000; font-family: georgia, palatino;\">If you have just started your career counselling practice or want to start your journey as a career counsellor, you must have the right skills and validation. You can advance your career counselling skills with the Global Career Counsellor Program.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000; font-family: georgia, palatino;\">This is Asia\u2019s 1st Comprehensive Online Program offered by By Univariety in Collaboration with UCLA Extension. This program is the best choice for individuals passionate about Career Counselling. Give wings to your career and become a trained <strong>Global Career Counsellor<\/strong>.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #800080; font-family: georgia, palatino; font-size: 24px;\"><strong><a style=\"color: #800080;\" href=\"http:\/\/univariety1.viewpage.co\/GCC-blog-call-back-request\" target=\"_blank\" rel=\"noopener noreferrer\">To Know More, Speak to Our Expert Advisor<\/a><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Become a Charted Accountant aka CA and your life is sorted. Above is a common statement that the majority of Commerce students hear from their parents and relatives.\u00a0 Lakhs of students appear for CA exams every year (including both groups) and among them, only 10-15% of students pass these exams. But this doesn\u2019t mean that<\/p>\n","protected":false},"author":8,"featured_media":19960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[164,2,157],"tags":[210,462,463,313],"class_list":{"0":"post-19955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-career-counsellor","8":"category-educator","9":"category-teacher","10":"tag-become-a-career-counsellor","11":"tag-career-in-commerce","12":"tag-career-other-than-ca","13":"tag-global-career-counsellor"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Career Options For Commerce Students Other Than CA | Global Career Counsellor Certification<\/title>\n<meta name=\"description\" content=\"Myth - CA is the only career option they have. 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