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Anyone interested in business administration, finance, or marketing should consider a career in commerce. In addition to many core subjects, commerce courses have elective subjects that you can pursue based on your interests and goals. So, depending on your electives and career path, you’ll have many exciting and financially rewarding career options. Let’s find out what are the best jobs for commerce students.
Average salary- $27,003 per year
Accounting assistants assist in preparing invoices and purchase orders, as well as processing receipts and payments from suppliers or customers. They maintain financial records by monitoring accounts and following up to collect outstanding balances. They also perform administrative tasks such as filing and recording meeting minutes.
Average salary- $54,513 per year
It is a popular career path for BCom graduates because they typically have in-depth knowledge of accounting systems, journal entries, annual account finalization, accounting methods, balance sheets, etc. Accountants are also in charge of developing, updating, and evaluating internal accounting policies and control processes.
At times, they may also be in charge of conducting audits within the organization. Graduates must know financial accounting, tax accounting, management accounting, cost accounting, record keeping, reporting, financial statements, and generally accepted accounting principles to work as accountants (GAAP).
Average salary- $61,298 per year
Logistics managers manage an organization’s supply chain and make purchasing and distribution decisions. They keep track of shipments’ arrival and departure times and direct the flow of materials. Logistics managers keep an eye on the import/export process and report to upper management with suggestions for changes or improvements.
Average salary- $66,862 per year
Finance managers manage an organization’s resources and generate financial reports to support their recommendations or decisions. They may grant loans or provide credit to customers, vendors, or suppliers. These individuals typically create plans and set financial objectives for the organization.
Average salary- $68,420 per year
Marketing specialists assist businesses in publicizing their products and services. They may create campaigns for a specific product or service and work within a particular area for an extensive marketing campaign.
A critical aspect of their job is determining how to market a product, which media to use to reach the target audience, and how to complete the campaign while staying within the budget. They also develop marketing content for campaigns such as TV and radio commercials, billboards, and advertisements.
Average salary- $68,759 per year
Business managers oversee multiple departments to ensure they run smoothly and effectively. They monitor budgets and decide on available resources and how to allocate them best. These executives put business strategies into action and assess the company’s performance.
Average salary- $69,654 per year
Research analysts are in charge of gathering, analyzing, inferring, and presenting data related to their field of work, including operations, economics, accounting, and market research. Employees in this position must be quantitative, analytical, logical, critical thinking, and problem-solving experts. A crucial aspect of their role is to conduct quantitative and qualitative research as needed by the organization and to conduct statistical analysis as required.
Average salary- $70,034 per year
Operations managers oversee a company’s production of goods or services. They supervise departments such as purchasing and manufacturing to ensure that the company meets the expectations of its clients or customers. They set sales targets to increase profits or meet expectations.
Average salary- $71,131 per year
Risk, investment, and economic performance are all guided by financial analysts. They make stock or bond performance recommendations based on market trends or conditions. Analysts frequently advise on mergers, material investments, and marketing strategies.
Average salary- $78,826 per year
Sales managers devise strategies, introduce new products, and lead sales teams. They serve as the link between the consumer and the product in both retail and non-retail settings. They set specific goals to meet or exceed sales targets.
Average salary- $81,153 per year
Project managers plan, organize, and direct projects from start to finish. They supervise details to ensure the project stays within budget, meets deadlines or milestones, and achieves its goals. They work to reduce costs, improve efficiency, and generate revenue throughout the project.
Average salary- $82,014 per year
Internal auditors ensure that a company’s tax obligations are met, and that its balance sheets and profit and loss statements are correct. They may discover discrepancies or raise red flags that could lead to an external audit and prepare the organization for external audits. They identify financial risks and recommend reducing risks, improving processes, or safeguarding the company’s financial integrity.
Security Sales Consultant
Average salary- $90,110 per year
Sales security consultants handle transactions and investments on their client’s behalf. They open, transfer, and close accounts based on the needs of their clients. Consultants explain the operation of securities and advise on the purchase or sale of securities.
- 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.
- A marketing manager is one of commerce students’ most sought-after and highest-paying jobs. One can expect them to manage a company’s product marketing sector. They organize, plan, and promote businesses.
- Commerce students are always in high demand for various accounting positions. Companies are always looking for efficient and intelligent accountants in what they do, given that the financial world is becoming more competitive at every step.
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Q1. Which are the highest-salary jobs for commerce students?
Answer- Chartered Accountants, Financial Analysts, and Certified Public Accountants are among the top-paid jobs for commerce students.
Q2. Is commerce good for the future?
Answer- Accounting, tally, computer accounting, stock market, financial accounting, marketing, and other short-term professional courses are available to commerce students. As a result, commerce is a lucrative career path.
Q3. Why should you study commerce?
Answer- Your degree will help you gain confidence in financial management and accounting knowledge to start your own business.