By Vasudev Raghav
Choosing a promising career path is no small feat, and what’s equally important is staying committed to your choice. Many young learners today grapple with the challenge of selecting their career paths without adequately exploring their interests. Vega Schools offers students the opportunity to discover their passions first, making it easier for them to chart their career paths.
The field of commerce presents a plethora of lucrative career options for students. While these career paths offer excellent opportunities, it’s essential to recognize that a career is a long-term journey, and understanding the nuances of each profession is vital for long-term success.
1. Chartered Accountant (CA) – Two out of three Commerce students aspire to become Chartered Accountants, and it’s indeed a good option for students. However, what it takes to become a CA should also be considered. Students must follow a structured path leading to their ultimate goal. CA exams are administered by the Institute of Chartered Accountants of India (ICAI) and consist of three examinations: CPT, IPCC, and CA-Final.
The IPCC comprises two groups: Upon passing one of the groups, students must register for a CA Articleship with an experienced Chartered Accountant for a duration of two and a half years. After completing the articleship and successfully clearing both groups, students can attempt the CA-Final exam. Similar to the IPCC, the CA final consists of two groups as well. Upon clearing both groups, individuals earn the right to use ‘CA’ before their name. Vega Schools’ Commerce Department ensures that students establish a solid foundation right from day one.
2. Company Secretary (CS) – Company Secretary (CS) A company secretary holds a senior position in a public sector organization and is often referred to as a compliance officer. It is considered to be among the top lucrative career paths for Commerce Students. This role is part of the key managerial personnel, which includes the CEO and CFO of a company. To become a CS, students must complete a comprehensive course and obtain certification. The Institute of Company Secretaries of India (ICSI) conducts the CS Executive and CS Professional exams, held biannually in June and December.
3. Investment Banker – Investment bankers offer strategic financial advice to various companies, helping them manage their finances efficiently and attain their financial objectives. To qualify for a career as an investment banker, one must possess a Bachelor’s degree in Finance, Accounting, Economics, or Mathematics. Pursuing a Master IN Business Administration (MBA) in Finance or the Chartered Financial Analyst (CFA) program can open doors to higher-level roles.
4. Chartered Financial Analyst – The Chartered Financial Analyst (CFA) designation is a globally recognized professional credential offered by the CFA Institute. Typically, the CFA course spans two and a half years and is designed to assess and certify the competence and integrity of financial analysts. Attaining this designation requires passing a three-tier examination. Given its esteemed status in the industry, CFAs are sought after by prestigious organizations like JP Morgan, Goldman Sachs, UBS, BlackRock, Morgan Stanley, and RBC.
In conclusion, it’s crucial to understand that the positions mentioned above demand rigorous dedication and eligibility criteria. The Commerce Department at Vega Schools offers a diverse range of strategies to help discover the Top Lucrative Career Paths for Commerce Students. We help students uncover their interests and potential while working toward their desired goals. It’s essential to recognize that these goals can be pursued alongside commerce-related degrees like B.Com and BBA, topics we will delve into in an upcoming blog.
Vega Schools offer holistic education to children in Delhi NCR and is rated among the top Schools in Gurgaon. Its modern infrastructure, facilities, and experienced teachers are a big asset to the learning & development of students, be it for Nursery, Primary or Senior children making Vega Schools the best schools in Gurgaon. For information about admissions please visit the Vega Schools campuses in Sector 48 and Sector 76 Gurugram.