Have you completed your class 12 in the commerce stream and are looking for a suitable course to pursue your degree? Then here are the commerce courses you must look at to pick the best one for yourself. There is more than just BCom that serve as a relevant degree in commerce. And BCom itself has a variety of subjects in the core. Let's take a look at the list.
If you are a commerce aspirant, then the right course for you could be one of these courses listed below.
CA - Chartered Accountancy
This course is considered similar to engineering. People believe that if you complete CA, your future is secure. Unlike engineering, that is a mainstream degree with a regular college schedule, CA is not offered in any full-time college.
Students study on their own or take the aid of coaching centres. The certificates in India are issued by the ICAI - Institute of Chartered Accountants of India - that is the official body that grants the degree. Chartered Accountants audit accounts and help in maintaining financial records. A CA can either practise separately or be employed in a firm post earning the degree.
CMA - Cost Management Accountancy
Cost accounting is the assessing of costs and expenses to purchase or produce goods/services. Cost Management Accountancy involves planning, reporting and decision making in terms of managing the cost accounts. Institute of Cost Accountants of India is the statutory body that acknowledges CMA degrees for candidates who clear the course. It also recommends cost accounting standards that companies must practise.
BCom - Bachelor Of Commerce
BCom stands for Bachelor of Commerce. There are a variety of BCom courses such as Honours, Company Secretary, Taxation and Tax Procedure and Travel and Tourism. Keeping commerce as the main focus, these subjects help in learning the relevant specialisations in the commerce industry. BCom is now a hot course in the commerce stream that a lot of students are opting.
BBA - Bachelor Of Business Administration
BBA is the undergraduate version of MBA, except for the fact that more basic concepts are elaborated here for the understanding of school graduates. BBA can help you get into business administration either in companies or aid you in becoming an entrepreneur. Some of the core subjects that BBA students will be learning are finance, marketing, operation, human resources (HR) and accounting.
BFM - Bachelors In Financial Markets
BFM degree covers subjects such as finance, economics, investments and risks to understand, in wholesome, the financial market. Upon completion of this course, one could become a financial analyst or stock exchange broker due to the in-depth knowledge incurred about the financial market.
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BMS - Bachelors In Management Studies
Bachelors in Management Studies is a course tailor-made to take up managerial positions in organisations. Management includes managing people and resources in a company. This course covers subjects such as managerial economics, business maths, computer applications in business, etc.
BAF - Bachelors In Accounting And Finance
Accounting and finance again refers to the maintenance of financial records and account transactions. It differs from CA with the fact that CA is a professional degree while BAF is an arts degree, meaning, CA will cover a lot more topics whereas, BAF will cover limited topics. Statistics, financial reporting, business taxation, auditing and litigation are some of the topics that this course will be covering.