1) The subject in commerce are well designed to meet the requisite of corporate governance. To it briefly:
- Book- Keeping & Accountancy: Learn to record, analyzing & interpretation of business transactions…
- Economics: Fiscal Policies, Monetary Policies, Consumer Behaviour, Demand Analysis, Producer Behaviour, Price Determination, Money and Capital Market, Banking, Budget …
- Mathematics: Commercial Maths, Logistics Operation, Management Maths, Statistics, Calculus …
- Financial Management: Share market, Debt market, Forex, Capital Budgeting, Dividend policy, Cash management …
- Cost Management: Decision making, Performance Evaluation, Budgetary control, Pricing, Transfer pricing. “Make” or “Buy” decisions, with “Start-up India”, “Make in India” gaining so much momentum, backed by Government of India, these concepts have become more important …
- Income Tax: Tax Planning, Deductions, Exemptions, Calculation of Income Tax payable …
- GST: Calculation of GST on various goods and services…
- Financial Reporting: Preparation of Financial reporting…
- Auditing: Risk Assessment, Internal Control, Compliance Audit, Standards on Auditing …
2) Corporates explore global presence and market penetration. Hence their manpower pick-ups focus on hiring hardcore professionals. Accounting finance, Law and tax professionals. Find an easy placement in their manpower strategy. There are many instances of Science & Engineering Professionals supporting themselves with financial qualification. It is a shift of their basic forte, proper planning right at this inception stage makes one focus clear.
3) Of late, we notice that there younger generation prefer to be independent to make a living, given the support from Government too. Hence we will see a spurt of practitioners, free lancers, litigation experts & so on. Again commerce stands out as a stepping stone.
Study Options in Commerce
2) PATHWAY TO PRESTIGIOUS DEGREES
- Chartered Accountancy (CA)
- Company Secretary (CS)
- Chartered Financial Analyst (USA)
- Master in Business Administration (MBA)
- Actuarial Science
- Post Graduation Diploma in Business Management (PGDBM)
- Graduation programs with specialization in Banking, Insurance, Financial Market Accounting & Finance etc.
