Highest paid Employee
Chartered Accountant gathering Money on the Table
Think about any job and then think about its pay. Who is the highest-paid employee in any job? Definitely management. And Commerce is the field where management is taught from the grass-roots level. So, choosing the line of Commerce is the best choice if you are interested in management and finance. Take Commerce and learn management from the basic levels. The average salary of Chartered Accountants in India ranges between 6-7 Lakhs to 30 Lakhs. In Abroad salary is higher and it ranges between 40-75 Lakhs.
Moving on to the second point that is applicability. Whatever you are studying, if you are not applying it in real life, then what is the use of studying? In Commerce, whether you go for business studies or whether you go for accountancy or economics, everything has direct applicability. You can apply knowledge of these subjects in your daily life. So why do you need to stop till completing your master’s and graduation? You can apply what you learn in your daily routine. For example, Use of Commerce is an integral part of our daily lives; we need an accountant to manage our finance and maintain home budgets.
Exposure to the business environment
The world is dynamic and filled with a lot of changes. Today, everyday every second world is changing. We in Commerce teach you how to deal with all such economic changes in the best possible way. It helps you to adapt to the business environment and business needs. Like the Covid-19 has hit hard on almost all of the world’s largest economies. Unemployment has risen by forty percent from the previous levels. All of these major economic backdrops can only be managed through maintaining commerce and trade cycles. Therefore, Commerce is an indispensable source for maintaining world economies.
People say, “money is a materialistic thing”. But also they can’t deny that money is the important thing to sustain our life. It is not a piece of paper and has much more value. Everyone needs financial assistance at some point in their time. They go to professionals and spend a lot of money. You can be that financial professional for them. You can take away money from them because you are helping them to make money.
There are a lot of concepts like mutual funds, shares, and many other things. A layman doesn’t know anything about these financial terms. You can learn the insight of these terms and can become a financial advisor for them. Apart from becoming a financial advisor Commerce offers ample professional opportunities to students like they can pursue CMA, CA, and CS roles and contribute to society.
Eco system export india
Every Government all over the world is promoting Entrepreneurial spirits amongst its citizens. For example, Our Government, aims for a five trillion dollar economy by promoting “Make in India” and Atma Nirbharta.
An entrepreneur is someone who starts an organization. They should know all the details. How to deal with taxation and the financial effects? How to tackle the changes in the business environment? All these questions concern entrepreneurs.
These all questions concern and as a commerce professional, you will know how to deal with such questions.
Other streams can also do all these. But you being a commerce student, has the edge over them. Startups like Start-up India, Make in India are all going on the boom. The world is waiting for new entrepreneurs with new ideas to boost the economy. In the Pandemic itself, there has been a shift towards entrepreneurship and business and how an entrepreneur grabbed this Pandemic as an opportunity to grow their business. For example, the USA and UK see India as a potential market for producing their goods. Therefore they are planning to move their production setups to Bangalore and metro cities of India.