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Are you in Grade 12 or just cleared your 12th exams and are confused about what career path to choose? This is a common confusion several students go through during and after their Class 12. This is especially true for commerce students as they have several career paths and streams constantly developing in the field of Commerce. The good news is that there is no need to stress. With just a little guidance, you will be able to find a course that is not only good for your career but is also something that interests you. Commerce has a lot of opportunities and scope.
Here, we have enlisted the most popular courses recently in the Commerce stream that will open doors to some great opportunities in your future. So stop worrying about what to do after 12th Commerce and read along!
Times have changed, and not everyone wants to become a doctor or an engineer. Commerce is a wide-ranging field with several opportunities in India and abroad. Even those students who had taken Commerce without Maths in 12th grade have millions of commerce courses after 12th without maths with attractive opportunities. If you are one of those students who still have no idea about what to do after 12th Commerce when all your friends have already decided on their careers, then do not worry. You still have time to decide, and you can make some smart decisions.
Mentioned below are a few courses that have recently gained a lot of popularity and are great career options with opportunities in some of the biggest companies around the world. All the important details for these courses are mentioned, and if you still have any doubts or are thinking of pursuing one of these courses, you can always turn to North Star Academy for help.
The US CMA (Certified Management Accountant) course is a great career option for students not sure about what to do after 12th Commerce. It is a course certification offered by IMA® (Institute of Management Accountants) of the USA that is recognized worldwide. IMA is the globally renowned association of Accountants & Financial professionals. The US CMA course is a benchmark for management accountants and financial professionals that are recognized globally. The course opens the door to handsome opportunities internationally. The certification gives an edge to account professionals by giving them management training, and the combination of both is great for your career. The best part is that it is a short course of only 12-18 months.
The US CMA course is an amazing option to get recognized in accountancy companies. With the US CMA course, all your queries about what to do after 12th Commerce will be solved easily. Here is everything to know about the US CMA course:
Candidates who have complete 10+2 or PUC are eligible to enroll in the US CMA course. However, it is required that the candidate must obtain a graduate degree and two years of work experience within seven years of the date of passing the CMA exam.
The syllabus for the US CMA course consists of 2 parts.
Part 1 – Financial Planning, Performance, and Analytics:
Part 2 – Strategic Financial Management
The US CMA certification exam is conducted in different windows annually during January/February, May/June, and September/October. The program has various exam centers across the world, including Bengaluru, Chennai, Thiruvananthapuram, Hyderabad, Gurgaon, Kolkata, Singapore, Malaysia, Abu Dhabi, Dubai, Qatar, USA, etc. Examinations are conducted by an exam body called the Prometrics. The examination has 100 MCQ questions and 2 case study questions. The total number of marks is 500, and you will get a total of 4 hours (one hour for essay and three hours for MCQs)
Students require 360 marks out of 500 to pass the test.
The Certified Public Accountant course is one of the most sought-after professional courses after 12th Commerce. Students who are confused about what to do after 12th Commerce can avail great career benefits from it. The certification is offered by the world’s largest accounting body, called the American Institute of CPAs. Candidates who pass this course can find work in top companies nationally and internationally with salaries higher than other accounting professionals by at least 40%-50%. If you are considering opting for the CPA certification course, here are all the essential details you need to know:
To appear for the CPA USA exam, the candidate must at least be a graduate. The eligibility criteria might differ from state to state. Some states also accept B.Com graduates with CA from ICAI. In general, students need 120 credits for the USA CMA exam and 150 credits for the CPA license. One year of college would generally mean 30 credits.
The CPA examination is divided into four sections, namely Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).
The syllabus of all four sections is as follows:
I: Ethics, Professional Responsibilities, and General Principles- 15 – 25%
II: Assessing Risk and Developing a Planned Response- 25 – 35%
III: Performing Further Procedures and Obtaining Evidence- 30 – 40%
IV: Forming Conclusions and Reporting- 10 – 20%
I: Enterprise Risk Management, Internal Controls, and Business Processes- 20 – 30%
II: Economics- 15 – 25%
III: Financial Management- 10 – 20%
IV: Information Technology- 15 – 25%
V: Operations Management- 15 – 25%
I: Conceptual Framework, Standard-Setting, and Financial Reporting- 25 – 35%
II: Select Financial Statement Accounts- 30 – 40%
III: Select Transactions- 20 – 30%
IV: State and Local Governments- 5 – 15%
I: Ethics, Professional Responsibilities, and Federal Tax Procedures- 10 – 20%
II: Business Law- 10 – 20%
III: Federal Taxation of Property Transactions- 12 – 22%
IV: Federal Taxation of Individuals- 15 – 25%
V: Federal Taxation of Entities- 28 – 38%
All four exams require at least 75% to pass,
The Chartered Accountant course is another highly popular choice by commerce students after the 12th. Students who get confused about what to do after 12th Commerce must know that Chartered Accountants is a greatly sought-after course with high-paying opportunities. It is administered by the national body – The Institute of Chartered Accountants of India. Many students think that it is difficult to pass the CA course. However, with the correct strategy and smart study planning, you can become a certified CA. The CA course also opens doors to great opportunities in India and abroad.
The candidate should have cleared their 12th to apply for the CA foundation. There is no age limit, and they should have 50% aggregate marks.
CA Inter Group 1:
CA Inter Group 2:
The CA exam is conducted by the Institute of Chartered Accountants of India. The exams are conducted in a computer-based mode twice a year in May and November. The exam has three levels; CA Foundation, CA Intermediate, and CA Final. Students get to clear all three examination levels in 5 years.
The passing criteria for the CA exam in CA Foundation, Intermediate, and Final exams are 40%in each paper of a group and 50% in aggregate of all the papers of a group.
This is another course that will solve your queries about what to do after 12th Commerce. The certified accounting course by the Association of Chartered Certified Accountants (ACCA) institute is a highly attractive course that can offer a great boost for your career. This is one of the world’s leading accounting qualifications that is recognized globally and is an amazing option for aspiring finance professionals. The course equips the students with top-quality skills and knowledge in accounting.
ACCA is a great choice for people still thinking after 12th which course is best for the future as this certification has great scope.
Those who have graduated or are pursuing graduation can take the course. Students who have done SSC / 10th – Via Foundation in Accountancy (FIA) route or HSC – English and Mathematics / Accounts subjects with 65% marks and an overall aggregate of 50% are also eligible to take the course.
There are three levels.
F1: Accountant in Business (AB)
F2: Management Accounting (MA)
F3: Financial Accounting (FA)
F4: Corporate and Business Law(LW)
F5: Performance Management(PM)
F6: Taxation (TX)
F7: Financial Reporting (FR)
F8: Audit and Assurance (AA)
F9: Financial Management (FM)
PI: Strategic Business Leader(SBL)
P2: Strategic Business Reporting(SBR)
P3: Advanced Financial Management (AFM)
P4: Advanced Performance Management (APM)
P5: Advanced Taxation (ATX)
P6: Advanced Audit and Assurance (AAA)
The ACCA syllabus has 13 papers, which are all divided into three levels. These three levels include Knowledge, Skills, and Professional.
Exams for all the levels are 100 marks each. The exam has questions in MCQ format as well as subjective questions. The Professional level will have four examinations, of which two will be from the compulsory subjects and two from any two optional subjects. The exam is 3 hours and 15 minutes long. Exams are conducted quarterly in ACCA-approved exam centers.
The passing score for the exam is 50%.
All of the above-mentioned courses are great career choices for people who have taken Commerce with or without Maths. However, it is also true that students may still be confused about what to do after 12th Commerce and need some more guidance.
North Star Academy can help you get mentorship and counseling from some of the best educators in the field of Commerce if you are still confused about what to do after 12th Commerce.
So now that you have all the information about what to do after 12th Commerce choose the best course that suits your requirements. It is also possible that you have set your mind on a particular course but need some coaching or further guidance regarding it.
If you are looking for assistance to pursue your career in any of these courses, then NorthStar Academy, a registered training partner, is a perfect choice.
NSA offers the CMA USA, ACCA, CPA USA, and CA certification courses. Register today to take your career to new heights globally. Thousands of students have already enrolled with the NorthStar Academy and have successfully cleared these highly reputed courses with ease.
Moreover, NSA currently has 23+ ongoing batches in over 34 countries with an average passing rate of 83%. Moreover, With the help of well-organized courses, top mentors, and the most preferred study material, NSA is making a dream come true for its enrolled students. What’s more? NorthStar academy can help you get discounted prices for its courses.