10 tips on how to study abroad after 12th commerce or B.Com.

10 tips on how to study abroad after 12th commerce and B.Com.

Last Updated on May 19, 2021 by iSchoolConnect

The process of applying to international universities is very different for commerce students. Use the time-tested ideas & tips in this blog to study abroad after 12th commerce and B.Com successfully.

One of the most popular streams in India, commerce provides a plethora of career options to students. You can pick from Accounting, Finance, Economics, Business, Management, Marketing, International Relations, etc.! And the scope for any of these subjects is much larger when you’re planning to study abroad. Use this guide on ‘How to study abroad after 12th commerce and B.Com.’ to learn about the best international courses, top universities, tuition fees, job opportunities, and much more! It will help you go a long way.

International courses for commerce students

When you choose to study abroad after 12th commerce and B.Com., you immediately expand the number of course choices you’re going to have.

As a result, you now can choose from tons of international courses for commerce students, some of which include-

Futuristic business investment information technology
A technical mindset and cutting-edge technical chops will be perfect prep to apply for a Business Analytics program
  1. Business administration
  2. Business law
  3. Accounting
  4. Finance
  5. Marketing
  6. HR
  7. Management
  8. Economics
  9. Mathematical research
  10. International business
  11. Business analytics, and more!

Choosing the right course is the first step to study abroad for commerce students.

Once you accomplish this task, shortlisting the right university should not be as difficult.

Choosing the right university

There are several factors you need to consider when choosing a university.

Like the course requirements, curriculum, faculty, career opportunities, etc.

You also need to consider the subject you’re interested in. Because one university might rank well for its Finance program, another might be better known for its course in International Relations.

So let’s take a look at some of the top universities to study abroad after 12th commerce and B.Com, course-wise-

Stanford Graduate school of Business’ average fellowship is approximately $35,000 per year or $70,000 in total awards (PC-gsb.stanford.edu)

Accounting and Finance

  1. Harvard University, USA
  2. MIT, USA
  3. Stanford University, USA
  4. The London School of Economics and Political Science, UK
  5. University of Oxford, UK
  6. University of Pennsylvania, USA
  7. The University of Cambridge, UK
  8. University of California, Berkeley, USA
  9. The University of Chicago, USA
  10. New York University, USA

Economics

  1. MIT, USA
  2. Harvard University, USA
  3. Stanford University, USA
  4. Princeton University, USA
  5. University of California, Berkeley, USA
  6. The London School of Economics and Political Science, UK
  7. University of Chicago, USA
  8. Yale University, USA
  9. University of Oxford, UK
  10. University of Cambridge, UK

Business and Management studies

UPenn Wharton(PC-fortune.com)
Despite the steep tuition fee, Wharton provides a wide range of fellowship opportunities for several exceptional students Despite the steep tuition fee, Wharton provides a wide range of fellowship opportunities for several exceptional students(PC-fortune.com)
  1. Harvard University, USA
  2. INSEAD, France, USA
  3. London Business School, UK
  4. MIT, USA
  5. Stanford University, USA
  6. University of Pennsylvania, USA
  7. Bocconi University, Italy
  8. University of Cambridge, UK
  9. HEC Paris School of Management, France
  10. University of Oxford, UK

You can also consider looking at universities country-wise, given that you have already chosen your course.

Cost to study abroad after 12th commerce

The tuition fees for pursuing any course abroad depends on the country and the university you choose.

For example, studying MBA at Wharton, US would cost much more than pursuing your MBA in Finance at Cork, Canada.

However, to give you a rough idea, the cost of studying abroad-

  • After 12th commerce is 15 to 50 lakhs
  • After B.Com is 30 to 55 lakhs

You also have to consider that the tuition fee is only one part of your expenses while studying abroad. There’s also the cost of accommodation, food, transport, and other miscellaneous expenses you have to consider.

This amount will eventually depend on the country you choose to live in.

However, there are several ways to offset these expenses, like getting a scholarship, applying for an assistantship or a part-time job, or using these 10 money-saving tips to manage your finances.

How to study abroad after 12th commerce

Studying abroad after finishing junior college is not as easy as you might think. The entire process can take as long as 12 months and a lot of your dedication and efforts.

  1. To start with, you have to pick a course – a step we have already covered in this blog.
  2. Next, it’s time to choose the right study abroad destination and shortlist universities that fit your profile.
  3. Once that’s done, you’ll need to start preparing for 2 study abroad tests – SAT/ACT (for undergrad courses) or GMAT/GRE (for grad courses), and IELTS or TOEFL.
    While you’re studying for these exams, you need to target the scores that are required by the universities you have shortlisted. If you don’t get the desired results, you might have to re-evaluate your university list.
  4. After you have the scores in your hand, it’s time to collect all the documents needed for your application. These include-
Statement of Purpose
The Statement of Purpose, also known as the SOP, is the most important part of your university application
  1. With these documents in hand, you can now head to the university website and send in an application.
  2. As you wait for your results to come back, you can start working on your finances. Apply for scholarships, get an education loan, and start collecting all your financial documents.
  3. After you get an admit (fingers crossed), you can apply for a student visa.
  4. The process of applying for a visa is different for each country. And we recommend you check out our visa blogs to learn about the visa application process of the country you wish to fly to.
  5. After the visa is in your hand, it’s time to arrange for your accommodation abroad. 
  6. Now, all that’s left to do is pack up, book your flight tickets, and hop on to a plane that takes you to your dream university!

Job opportunities 

As you study abroad after 12th commerce or B.Com., you will find yourself leaning more and more towards one particular field.

It can be Finance, Business Analytics, or Marketing, or even Management!

Each will have its own perks and you will need to decide what works best for you.

businessman-analyzing-company-financial-report-with-augmented-reality-graphics
If you’re a people person and are good at peddling products and services, Marketing is for you

But some of your job options will include-

  1. Investment Banker
  2. Finance Advisor
  3. Business Development Manager
  4. Operations Manager 
  5. Business Analyst
  6. Accountant
  7. Employees Relations Manager
  8. Marketing Associate, and so many more!

The roles and responsibilities for each of these jobs vary by a large extent. And so do the average salaries.

However, to give you a rough idea, you will be earning anywhere between $70,000 and $100,00 per annum!

And if you want to get there, you’re gonna need help.

So if you get stuck or want our advice, please feel free to drop a comment or reach out to us!

We’d be very happy to help!

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