Are you a 12th commerce student puzzled about your future? Take a seat because we’ve got you covered here. Choosing the right course after the 12th is a vital decision as it shapes your future career. Selecting the right course among numerous options available ranging from professional degrees to specialization certifications can be overwhelming, but it is essential to select a path that aligns with your field of interest. Having a degree from a renowned institution in a field that is in high demand might greatly increase your chances of landing a high-salary job in today’s competitive market.
Why Choose a High Salary Course After 12th Commerce?
The growing pace of this world and the demand for luxury calls for you to make the right decision while you have a chance. Choosing a high-salary course after 12th commerce can open doors for profitable employment options. The advantages of taking commerce courses are more substantial than ever because of the rapid growth of industries, and private sectors including banking, auditing, finance, and more.
Benefits of choosing high salary course
- Better Job Opportunities: Choosing a high-salary course can significantly improve your potential for advancement by paving the way for career growth.
- Financial Stability: These courses can help you attain financial stability at a young age and potentially lead you to secure future and career growth.
- Global Opportunities: Some of these programs train you for work in areas that are competitive internationally which significantly raises your chances of living and working abroad.
- Entrepreneurial Edge: The core of these courses is on acquiring practical skills that prepare the students to launch their own companies and businesses.
Top 10 High Salary Courses After 12th Commerce in India
1. BBA (Accountancy, Taxation & Auditing)
Bachelor of Business Administration (BBA) in Accounting, Taxation & Auditing is a 4-year undergraduate program that imparts students with a strong foundation in accounting principles, taxation laws, and auditing practices.
This undergraduate course allows students to not only acquire theoretical knowledge but also to perform tasks that prepare them for lucrative career opportunities in accountancy, taxation, and financial auditing.
The Salary potential depends on experience, skills, and job role. An entry-level salary of a fresher comes in between 2.4 lakhs to 4.7 lakhs per annum.
Whereas with experience and expertise, professionals can earn a lucrative salary in the range of 10 lakhs to 25 lakhs per annum.
2. Chartered Accountancy (CA)
Charted Accountant (CA) is one of the most reputed and high-paid jobs in India. The competitive course requires dedication and passion. Students aspiring to become a CA will have to go through three levels of training which are CPT (Common Proficiency Test), IPCC (Integrated Professional Competence Course), and (Final Course) designed by the Institute of Chartered Accountants of India (ICAI).
Aspirants must achieve 50% aggregate in class 12 for the Common Proficiency Test and 100 out of 200 marks in CPT for IPCC. After clearing the IPCC, candidates must undergo a three-year internship under a certified CA and pass the Final course examination to become a Chartered Accountant. A broad range of career options both in industry and professional practice lies in hand for a chartered accountant.
Chartered accountants have varied salary structures, with freshers earning an entry-level salary starting from 4.5 lakhs to 6 lakhs per year. And a professional accountant with several years of experience earning above 50 lakhs per annum. The salary structure also depends on top tier companies which may offer a starting package of 20 lakhs -30 lakhs per annum. And senior-level positions earning a package of 2 crores per annum.
3. Company Secretary (CS)
A Company Secretary (CS) is one of the high-salary courses after class 12 commerce. A Company Secretary performs a major role in ensuring corporate governance and compliance by acting as a major advisor to the board of directors and senior management, overseeing legal and regulatory compliance, and managing company administration.
The Institute of company secretaries of India (ICSI) offers a three level program Foundational, Executive, and Fundamental to prepare students for careers in corporate law, compliance management, and legal studies.
The salary structure of a CS depends on their experience and location, wherein a fresher with experience of 0-2 years can earn up to 4.7 lakhs per annum, and an experienced CS holding 10-11 years of experience can earn 25 lakhs per annum. Additionally, a CS working in New Delhi can earn 6 lakhs per annum whereas in Bangalore they can earn 7 lakhs per annum. However, CS can also grow their career by obtaining certifications in Python, AWS, or AI/ML.
4. Bachelor of Commerce (B.Com)
Bachelor of Commerce (B.Com) is one the most preferred courses for every student after 12th commerce. It is a 3-year course that mainly focuses on commerce, accounting, and business administration, upskilling students for careers in banking, accounting, finance, insurance, and various other business roles.
A Bachelor of Commerce (Hons) is similar to a Bachelor of Commerce program with a slight difference in the in-depth knowledge of the subjects. Unlike B.Com, B. Com (Hons) enables students to specialize in specific areas of commerce, such as accounting, finance, economics, and business law. The in-depth knowledge benefits in improved career prospects and chances for higher education and professional certifications resulting in better work opportunities.
5. Certified Management Accountant (CMA)
The Cost and Management Accountant (CMA) course is one of the prestigious courses offered by the Institute of Management Accountants (IMA). The course focuses on advancing individual skills in financial accounting, enterprise finance, and strategic planning. CMA certification is highly valued, with the IMA’s global connections and growing demand for CMA’c in more than 150 countries including Europe and China paving the way for business enthusiasts wanting to lead the world of accounting and finance.
The salary potential for CMA depends primarily on skills, experience, and location. Fresh CMAs can expect between 6 lakhs to 8 lakhs per annum. In comparison, experienced senior CMAs can earn upwards of 19 lakhs to 30 lakhs per annum in top companies enjoying benefits like retirement plans, life, and health insurance. Multinational companies and the big 4 continue to hire CMA’s. One of the key factors for securing a high-paid CMA job is the right training and placement support.
H3: 6. Bachelor of Law (LLB)
Students after class 12 commerce can also pursue law to expand their career options toward corporate law, taxation, legal advisory roles, and even judicial services. B.Com LLB is an integrated course that covers both commerce and law. Students study business statistics, business communications, auditing, economics, and other commerce subjects along with law subjects such as consumer protection law, company law, corporate governance, intellectual properties, legal language, and so on.
The potential salary of a corporate lawyer depends on the size of the firm and experience. On average, a corporate lawyer earns between 8 lakhs to 20 lakhs per annum. Freshers can earn in a range between 4 to 6 lakhs per annum while an experienced lawyer with 3 to 5 years of working can earn between 6-10 lakhs per annum. Additionally, lawyers who specialize in high-demand practice areas such as M&A, private equity, and corporate governance may receive higher remuneration.
7. Bachelor of Business Administration (BBA)
Bachelor of Business Administration (BBA) is a 4-year degree program designed for students to gain an understanding and skills to analyze multidisciplinary facets of business administration and themes related to commerce and retailing. It also has a variety of specializations and choosing these specializations decides what field will you be making in your management career. Some examples of highly paid specializations include a BBA in data analytics, a BBA in financial modeling, a BBA in digital marketing, and many more.
A BBA degree provides you with immense job opportunities and its salary mainly depends on the experience, sector, and position. Companies like Wipro, TCS, Microsoft, Infosys, and Deloit continuously hire BBA graduates, fresher salaries can range between 3 lakhs to 8 lakhs per annum whereas a professional experienced BBA salary can go upwards of 7 lakhs to 12 lakhs per annum. However, the pay scale varies according to the firm they are working in and their specializations.
8. Association of Chartered Certified Accountants (ACCA)
The Association of Chartered Certified Accountants (ACCA) is a globally recognized leading accounting qualification that provides job prospects in over 180 countries, including the United Kingdom, the United Arab Emirates, Canada, Australia, and Singapore. It covers topics such as taxation, auditing, financial management, and risk assessment, making it a viable alternative to standard Chartered Accountancy courses. With a flexible format and exemptions for commerce degrees, ACCA offers a quick path to a successful global career in finance.
They are highly in demand among multinational organizations, Big 4 firms, and financial institutions. An Entry-level salary for for ACCA can range between 4 lakhs to 8 lakhs per annum and with experience and expertise their earning potential increases with salaries ranging between 19 lakhs to 30 lakhs per annum. This can further increase with years of experience, additional skills, and managerial properties.
9. Digital Marketing
Digital Marketing also known as online marketing course teaches you to promote your business online using the internet and digital channels and tactics, such as SEO, social media, e-mail marketing, and content production to connect with customers online. With the advancement of technology, data-driven marketing, and increased online presence, the demand for digital marketing has rapidly increased, and the continued expansion in coming years is making it the most demanding course.
Considering the range of functions in digital marketing salaries can vary from one role, skills, company, and industry to another. The table below lists the potential salary for the role of a digital marketer. The salary increases upwards to 15 – 16 lakhs per annum with years of experience and added skills.
10. Financial Analyst Courses
A Financial Analyst is a guide that studies business trends, forecasts business scenarios, supports budgeting efforts, and helps companies and organizations make solid financial decisions. Courses like CFA, FRM, and CPA advance careers in finance by teaching investment analysis, risk management, and accounting. The CFA is highly appreciated for employment in investment banking and asset management, whereas FRM is focused on risk analysis. These certificates provide global recognition, higher pay, and career options in equities research, portfolio management, and financial consulting.
The average salary of a financial analyst depends on experience, company, and skills. A fresher can earn around 4 lakhs per annum while those with a few years of experience and relevant qualifications can earn up to 12 lakhs per annum. Also, financial analysts working for government organizations have the extra benefit of housing allowance and medical benefits while others can expect additional benefits like tips, cash bonuses, commission, and profit sharing.
Why Choose BBA (Accountancy, Taxation & Auditing) at Inspiria Knowledge Campus?
The BBA program in Accountancy, Taxation & Auditing at Inspiria Knowledge Campus is designed to equip every student with an in-depth understanding of accounting principles, taxation laws, and auditing practices along with practical tasks giving the students exposure to the real world.
The BBA in Accountancy, Taxation & Auditing program at Inspiria Knowledge Campus prepares students for a full range of functions within the Business World guided by experienced faculty who have had a full, engaging in hands-on learning through case studies and networking opportunities with top financial professionals. Inspiria Knowledge Campus provides students with placement opportunities in top companies like Infosys, Amazon, Deloitte and so on ensuring each student paves their path to success and leads the world.
