Degree Level Program after 12th commerce

Roshan 1 y

Degree Level Program
Generally speaking, the commerce stream suffers from a great bias. Many students and parents consider the commerce stream only suited for ‘not-so-smart’ students. Also, when compared to other streams, science is generally reserved for students with a technical or scientific bend of mind, while arts or the humanities discipline is suited to students who are interested in theoretical study and performing arts. On this front, the commerce stream is deemed to be ideal for students who are comfortable with ‘crunching numbers’ and want to become accountants in the future. This is why many students believe that the scope of study under the commerce stream is limited, as compared to the other streams.

But these are mere generalizations and do not necessarily hold for commerce or any stream. The scope of the commerce stream ranges much beyond mere number crunching or accountancy domain. There are a wide array of subjects and specialization and study options available to the students who join the commerce stream. Let’s discuss the same in detail below:

Key Subjects / Sub-domains
Despite the bias against the commerce stream, the popularity of this discipline has been growing exponentially during the last decade. Attribute it to the growing economy, professional career opportunities, or the high-scoring nature of the stream; many students have the commerce stream for their high school education and even after that. While traditionally, the commerce stream was limited to a few accountancy and economics-related subjects, today it covers an array of subjects. The key among them include:

Economics

As a commerce student, you will have to deal with several financial and economic concepts; this is where the knowledge of economics will come into the picture. During your Class 11 and Class 12, you will deal with the basics of economics, Indian economic development, statistics, and an introduction to microeconomics and macroeconomics. The key to cracking economics during high school is to develop a conceptual understanding of the subject and practice problems and numerals.

English

Like every stream, even the commerce stream will have a compulsory language subject i.e. English in most cases. However, the economics that you learn in the commerce stream would be quite different from the other streams and will primarily focus on the basics of the language including grammar, syntax, and vocabulary development. In addition to this, you will also learn business communication and other aspects

Accountancy

Accountancy is the central subject of the commerce stream and will play a pivotal role during your high school education. The subject would focus on the basics of accountancy and its theoretical process and financial accountancy, accounting standards, GST, recording of business transactions, and other similar concepts in your Class 11. For Class 12, you would be dealing with accountancy for non-profit organizations,

partnership firms, and companies as well as analysis of cash flow statements and financial statements. Computerized accounting will also be part of your high-school education.

Business Studies/Organisation of Commerce

Business studies or the organization of commerce is another critical subject for the commerce stream students during their high-school education. In class 11, topics will range from the nature and purpose of business, forms or types of business organizations, emerging business models, types of enterprises, social responsibility and business ethics, sources of business finance, small business, internal trade, and

international business. During Class 12 your study topics will include basics of management principles, business environment, planning, staffing, organization, controlling, financial markets, financial management, marketing management, and consumer protection.

Mathematics

Mathematics is an optional subject for commerce students but is important if you want to build a career in the core of accountancy or similar domains. The mathematics subject for commerce students includes the study of relation and functions, algebra, calculus, linear programming, probability, vectors, and matrices.

Information Practices

Information Practices is another optional or elective subject for commerce students which is to be picked by them depending on their interests. The subject deals with the basics of computing and database management. It covers topics like business computing theory, programming, and relational database management system.

Scope of Further studies
Another question that often keeps students away from the commerce stream is the perception that the scope of further studies in this stream is quite limited. However, this is mere speculation and might have been true in the distant past. Today, the commerce stream has emerged as a study stream that is at par with the other two i.e. Arts and Science.

Degree Level Programmes
Commerce students can pursue a host of degree-level programs after the completion of their Class 12 high school education. The same has been discussed below.

B.Com
B.Com stands for Bachelor of Commerce. It is a degree-level course that is pursued by students who opt for the commerce stream in Class 12. B.Com is the most popular degree level (3 years) course among the commerce stream students. During this course, students are taught the fundamentals of accounting and finance beyond the basics that were covered during their high school education. The key subjects that are part of this course include:

Entrepreneurship
Corporate Accounting
Business Regulatory Framework
Economics
Computer Applications and IT
Income Tax
Auditing
Human Resource Management
Statistics
Banking and Insurance
Company Laws
Business Communications
Management Accounting
Marketing
Mathematics
Business Environment
BBA / BMS
If management or MBA is your calling then BBA or BMS will be the right career path for you after completing 12th commerce. The Bachelor of Business Administration (BBA) / Bachelor of Management Studies (BMS) is a degree-level course that is designed to introduce students to the world of management education. While many BBA colleges offer admission based on Class 12 score/merit, there are a few which require students to go through entrance exams.

BA + LLB
If you are interested in Law or legal studies, an integrated five-year program i.e. BA + LLB would be perfect for you. The integrated programs cover your graduation degree during the first three years in the subject or specialization that you choose and during the final two years, you will be undertaking legal studies or education. This is another interesting study option for commerce students who want to specialize in law and their associated fields such as corporate law, taxation law, and allied domains.

BBA + LLB
Similar to the BA + LLB course, the BBA + LLB course is also an integrated fove year program that covers graduate-level management education, as well as legal studies, post that. Students who want to join corporate houses as legal consultants or want to start their practice with corporate clients should take up this course.

BCA
Computers and technology have come to rule our day-to-day life and therefore taking up a BCA or Bachelor of Computer Application can be the right start for you to build a bright career ahead. BCA course is a three-year degree-level program that is undertaken by students who want to learn coding and computer application development. Commerce students who had mathematics as a subject during high school are eligible to take up BCA courses.