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There are many high-paying commerce jobs in various industries
The commercial sector is growing daily, with new job opportunities flooding the market and global employment rates rising. A great salary at their desired university is every student’s dream. The best way to make that happen is to land one of the market’s highest-paying jobs. One of the most motivating factors for students seeking a career is not just job satisfaction but also the money involved. As a commerce student, you want to pursue a professionally and socially satisfying career path that also includes a well-paying job that allows you to live comfortably. Continue reading this blog post about some of the highest-paying commerce jobs.
Top 5 high-paying commerce jobs with salaries
Chartered accountant (CA)
A chartered accountant is someone who is in charge of the taxation and accounting of a company. The Task list of a CA includes tax returns, financial accounting, reporting, auditing financial documents, preparing and evaluating financial reports, and maintaining investment records. To become a chartered accountant, students must complete the CA course, which consists of three levels with different CA subjects at each level.
Chartered accountants are specialists in accounting and auditing. They manage the accounts of their employers and clients. They also offer accounting, taxation, and financial advice to businesses.
Average salary
$102868
Qualifications
CA is one of the most difficult courses in the world, with many students failing to complete all stages. As a result, specific talents and skills are required to excel in this course.
The following are the skills and knowledge required to become a CA-
- Excellent in statistics and accounting.
- Superior reasoning abilities.
- Detail-oriented and precise.
- Auditing experience or internships
- Accounts must be balanced, and presentations must be given.
Marketing manager
A marketing manager is one of commerce graduates’ most sought-after and highest-paying jobs. Candidates are expected to manage a company’s product marketing sector. They are responsible for business planning, estimation, organization, and promotion. Marketing managers use advertising and public relations to increase sales and the market presence of the company for which they work. As you can choose from various marketing specializations, a career in marketing management is full of promising and lucrative opportunities.
Average salary
$113,247
Qualifications
Successful marketing managers are held to a high standard in today’s highly competitive business environment.
Here are the essential skills and knowledge needed to become an excellent marketing manager–
- Strategic and innovative product and service knowledge.
- Excellent communication abilities.
- Candidates must be agile and innovative to navigate multiple aspects of marketing.
- Aspiring candidates should consider digital marketing the future cornerstone of marketing and have excellent reporting and documentation skills.
Investment banker
Investment banking is one of the highest-paying business jobs in the United States and worldwide. An investment banker works closely with financial institutions to help a company raise its capital. They make long-term and short-term financial plans for these companies and organizations, as well as financial recommendations on achieving a financial goal.
Investment bankers are primarily involved in acquisitions and sales. They generate income for their investors. Pursue careers as fund managers for major corporations. They also provide professional advice in a variety of other areas.
Average salary
$1,13,343
Qualifications
The following are the skills and knowledge needed to become a successful investment banker-
- Excellent reasoning and analytical skills
- Capable of dealing with people and their various demands.
- Strong project management abilities.
- Managerial abilities are critical.
- Excellent communication abilities.
Human resource manager
Human resource managers recruit, interview, and hire new staff members. HR managers also look after employee benefit programs, employment incentives, etc. This field has a lot of scope due to the increasing interest of people working in the business and management sectors.
Average salary
$111,975
Qualifications
Here are the skills and knowledge you require to become a successful human resource manager-
- Good communication abilities
- Strong interpersonal and leadership skills
- Problem-solving skills
- Skills to develop and conduct multiple activities.
Chartered financial analyst (CFA)
Chartered financial analysts are expected to analyze returns and risks, collect data, create financial models, and so on. They are in charge of any organization’s accounting and financial planning. It is one of the highest-paying jobs in the United States for commerce students, particularly those with a finance or banking degree.
Average salary
$126,000
Qualifications
A chartered financial analyst’s (CFA) main skills and tasks are researching global capital markets and providing options to their clients and customers. They also work as financial consultants in the industries in which they work. Financial analysts also lead a company’s treasury divisions.
Some of the skills and knowledge needed to become a successful chartered financial analyst (CFA) include
- Intelligence
- Statistical and analytical abilities
- CFAs must be excellent direct communicators to produce readable, graphic, and informative reports.
- Excellent decision-making abilities.
- Trained in the application of various analysis technologies.
Key takeaways
- The commerce field offers various high-paying jobs and has seen an increase in demand for various positions. With the right skills and degrees, candidates can easily acquire these jobs.
- You want to achieve a professionally and socially satisfying career path as a commerce student. It is even more beneficial if you have a well-paying job that allows you to live comfortably.
- Chartered accountant, investment banker, marketing manager, and chartered financial analyst are top commerce job positions that offer high salary compensation.
Did you find this blog informative? If so, please share your thoughts in the comments section below. Click here to contact us for more information on commerce jobs. We would be happy to assist you with your queries.
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FAQs
Q1. Is commerce a good career?
Ans- Commerce and finance are the backbones of every industry because companies run on financial capital and can only be managed with a deep understanding of management. So commerce is a good career option as it is always in demand.
Q2. Is commerce easy to study?
Ans- Commerce is considered less difficult than other study fields. You only need to understand the fundamentals of commerce to get started.
Q3. Which is the best field in the commerce sector?
Ans- CMA is considered one of the most rewarding careers in business. Following this course, students must obtain education and expertise in subjects such as cost and management accounting, fundamentals of commercial and industrial laws, laws and ethics, and so on.