The sector of commerce is expanding daily, with new work prospects flooding the market and employment rates rising globally. Getting a great salary at their desired university is a dream of any student. The best way to make that a possibility is to get one of the market’s top-salary jobs. One of the most motivational factors for students finding a career, apart from job satisfaction, is the money involved. As a Commerce student, you would like to follow a professionally and socially satisfying career area, which would also include a high-paying job that helps you to lead a comfortable lifestyle. Here is a blog on some of the highest salary jobs for Commerce students.
Benefits of Commerce Education
Commerce is an excellent stream for study. There are several benefits of enrolling in a commerce stream. Some of the benefits are provided below:
- You will get access to various employment opportunities. For example, accounting, human resources, finance, taxation, banking,. Etc. These are some of the highest salary jobs for commerce Students
- You will gain the skills necessary to start and manage your own business. Moreover, higher education in commerce will help you to learn to manage funds and assets effectively. This will enable you to make informed financial decisions.
- Commerce education involves practical learning of topics such as taxation, and effective communication,. Business strategy, leadership, teamwork, and more. Therefore, obtaining certifications as a CA, CS, or CMA will give you a competitive advantage over other applicants.
- Apart from this, the commerce stream lays the foundation for subjects such as an MBA that can lead to further career opportunities. In short, there are several highest salary jobs for commerce students.
Main Subjects Under Commerce Stream
So you have decided to take up commerce? Then you must know that commerce covers several disciplines starting from accounting to entrepreneurship, This will enable you to take up the highest salary jobs for commerce students. Some of the core subjects covered under the commerce stream are as follows:
Accounting
Accounting is an act of recording, summarising, and classifying events, money, and financial transactions. Accounting involves the interpretation of such transactions, and events as well. In accounting you will learn topics like double-entry bookkeeping, cost accounting, auditing, preparation of financial statements, and more.
Business Studies
In Business Studies, you will learn about the essence of business and how it is run. You will learn about management functions like planning, organizing, delegating, staffing, and controlling. You will also learn about the principles of management, production management, information systems for business, human resource management, and more.
Economics
In Economics, you will learn about microeconomic topics like the pricing of goods, theories related to consumers, etc. You will also learn about macroeconomic topics like international trade, GDP, inflation, fiscal & monetary policies, and more.
Business Law
Key topics in Business Law include the Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Companies Act, RBI Act, direct and indirect taxation laws, GST, SEBI guidelines, and intellectual property laws. Students understand legal frameworks governing businesses for compliance. Essential for corporate roles in law, governance, and regulatory aspects.
Marketing
Under marketing, you will learn about consumer behaviour, market research, product development, advertising, public relations, branding, pricing strategies, and distribution channels. You will learn how to use marketing for business growth. The highest-salary jobs for commerce students also include marketing jobs.
Scope of Commerce Subjects
Considering the rapid growth of technology, the future of commerce would include both innovation and dynamics. After 12th standard, a student can find several highest salary jobs for commerce. This stream includes different professional domains that a student can choose from. For example, accounting, finance, management, HR, and marketing. Therefore by enrolling in the right undergraduate and postgraduate degree prorgam, a student can attain lucrative work opportunities in top MNCs, consulting firms, banks, etc. Consequently, programs like CA, BBAA, CFA, and MBA are in demand. With the expansion of the Indian economy, there will be growth of commerce and trade activities. This will eventually create a huge demand for commerce-related jobs like accounting, and financial analysis.
Top 15 Highest Salary Jobs for Commerce Students
The commerce field offers various well-paid career options for students and has seen an increase in demand for various job positions. The salary is one of the basic aspects of any job which depends on the set of skills and degrees one possesses. To ease your pathway, here is a list of the top 15 highest-salary jobs for commerce students that can help you land a decent salary and give you the required experience, some of these job profiles are:
Chartered Accountant (CA)
A CA ensures proper financial recording. Generally, to become a CA you need to be certified by the Institute of Chartered Accountants of India. It can take around 3-4 years to become a CA. The starting salary of a CA is around INR 7-8 lakh per year.
Investment Banker
An investment banker’s role is to advise the clients on investments. Investment bankers usually earn around INR 10-12 lakh per year. You don’t need to study extensively. However, an interest in the stock market and Finance would help.
Chartered Financial Analyst (CFA)
CDA are specialists in managing investments. They earn around INR 7-8 lakh annually. You need expertise in economics and financial markets to become a CFA.
Certified Public Accountant (CPA)
CPAs are known for giving tax advice and for conducting financial audits. They are governed by the A CPA and have worldwide reach. Therefore, to obtain a CFA certification you need to dedicate a minimum of 150 hours of education.
Actuary
The role of an Actuary is to assess the insurance industry’s risk. They earn around INR 9-INR 10 lakh per annum. A BA degree in a relevant discipline is mandatory for this analytical role.
Cost Accountant
Cost Accountants analyse the role of profitability and budget preparation for manufacturing companies. You don’t need a certification for this role. However, knowledge of Mathematics, and economics would help. A cost accountant typically earns around INR 4-6 lakh per annum.
Company Secretary
Company secretaries make sure of statutory compliance in organisations. They earn around INR 4-6 lakh per annum.
Personal Financial Advisor
They are known for developing investment plans specifically for their clients. They earn around INR 4 lakh per annum.
Professional Accountant
The role of a professional accountant is to assist CAs with taxation and accounting. Professional Accountants are in high demand and they earn around INR 3 lakh annually.
Budget Analyst
As the name suggests, a Budget Analyst closely monitors expenditures and budgets in an organisation and usually works in private or public organisations, helping them manage their finances and budgets efficiently and effectively. They typically earn INR 6.5-21 lakh per annum based on their experience.
Certified Financial Planner
Certified Financial Planner is one of the highest salary jobs for commerce students. To become a certified financial planner you need to get certification through a course. They generally earn around INR 6- INR 7 lakh per annum in India.
Financial Examiner
If you aspire to build a career in Finance, then this is one of the most lucrative careers in commerce. A Financial examiner generally works at Financial and Banking institutions (earning INR INR 4-5 Lakhs annually) and their responsibilities include ensuring that the financial institution is adhering to government laws as well as assessing balance sheets, bank management as well as the risk level of loans.
Retail Manager
Retail Managers ensure the smooth functioning of store operations. They earn around INR5-6 lakh per annum. They have the potential to earn more based on performance.
Management Analyst
Also referred to as Management consultants, Management Analysts work across different departments in an organization and aim to boost the efficiency of work in the respective team. They collect and organize information and formulate plans and strategies to meet organizational goals and objectives. On average, they earn INR 10 lakh annually.
Investment Analyst
This job profile not only offers a high salary package (INR 10 Lakhs) but also promising opportunities in the finance and investment sector. Investment analysts commonly work in securities, hedge funds and stock brokerages and carry out extensive research to formulate effective financial models and then provide analytical reports and suggestions on varied types of stocks and investments.
Skills Needed for Highest Salary Jobs for Commerce Students in India
The skills needed for Highest Salary Jobs for Commerce Students are provided below:
Career Choice | Skills Needed |
Chartered Accountant | Finance, Accounting, Analytical Skills |
Investment Banker | Stock Market Knowledge, Finance, Analytical Skills |
Chartered Financial Analyst (CFA) | Finance, Economics, Analytical Skills |
Public Accountant (CPA) | Taxation, Accounting, Financial Reporting |
Actuary | Finance, Economics, Analytical Skills |
Cost Accountant | Economics, Analytical Skills, Mathematics |
Company Secretary | Legal Compliance, Corporate Governance, Communication Skills |
Personal Financial Advisor | Investment Strategies, Financial Planning, Communication Skills |
Professional Accountant | Taxation, Accounting, Software Proficiency |
Budget Analyst | Financial Reporting, Budget Analysis, Attention to Detail |
Certified Financial Planner | Investment Strategies, Financial Planning, Knowledge of Regulations |
Financial Examiner | Financial Analysis, Regulatory Compliance, Attention to Detail |
Retail Manager | Retail Management, Inventory Management, Leadership Skills |
Management Analyst | Business Management, Data Analysis, Communication Skills |
Investment Analyst | Research Skills, Financial Analysis, Data Interpretation |
Average Salaries of Highest Salary Jobs for Commerce Students in India
The Average Salaries of Highest Salary Jobs for Commerce Students in India are as follows:
Career Choice | Duration of Course Completion | Average Salary |
Chartered Accountant | 3-7 years (CA Foundation, IPCC, CA Final) | INR 7-8 Lakh |
Investment Banker | No specific course duration | INR 10-12 Lakh |
Chartered Financial Analyst (CFA) | 3 levels of CFA certification | INR 7-8 Lakhs |
Public Accountant (CPA) | Bachelor’s degree | Varies (Global reach) |
Actuary | Relevant Bachelor’s degree | INR 9-10 Lakh |
Cost Accountant | No official certification needed | INR 5 Lakh |
Company Secretary | Certification course completion | INR 4-6 Lakh |
Personal Financial Advisor | No specific course duration | INR 4 Lakh |
Professional Accountant | Varies (No specific duration) | INR 3 Lakh |
Budget Analyst | Bachelor’s degree, relevant experience | INR 6.5-21 Lakh |
Certified Financial Planner | Certification course completion | INR 6-7 Lakh |
Financial Examiner | Bachelor’s degree in a relevant field | INR 4-5 Lakh |
Retail Manager | Degree in Retail Management | INR 5-6 Lakh |
Management Analyst | Masters in Management | INR 10 Lakh |
Investment Analyst | Graduation in Commerce + Additional Courses | INR 10 Lakh |
Top 10 Highest Salary Jobs for Commerce Students without Maths
When it comes to commerce students without maths, there are numerous highest-salary careers to choose from. You can take up specialisations like Chartered Accountancy, Digital Marketing, Business Research, Entrepreneurship, etc. which don’t require maths with Commerce and can earn lucrative packages. Here are the top Highest Salary Jobs for Commerce Students without Maths:
Job | Salary |
Chartered Accountant (CA) | INR 7-8 Lakh per year |
Digital Marketing Manager | INR 3 Lakh per year |
Certified Public Accountant (CPA) | Varies (Global reach) |
Human Resource Manager | INR 3.59 Lakh per year |
Product Manager | INR 12.97 Lakh per year |
Certified Management Accountant (CMA) | INR 3.35 Lakh per year |
Company Secretary (CS) | INR 4-6 Lakh per year |
Event Manager | INR 3.22 Lakh per year |
Hotel Manager | INR 2.78 Lakh per year |
Retail Manager | INR 5-6 Lakh per year |
Highest Salary Jobs for Commerce Students Abroad
The following are the highest-paying jobs for commerce students abroad:
Job Profile | Avg. Salary | |
Chief Executive Officer | USD 633,609 per year | |
Chief Financial Officer | USD 334,103 per year | |
Chartered Financial Analyst | USD 108,855 per year | |
Marketing Manager | USD 92,788 per year | |
Investment Banker | USD 2,24,569 per year | |
Actuary | USD 131,841 per year | |
Company/Corporate Secretary | USD 40,043 per year |
Detailed Highest Salary Jobs for Commerce Students (With or Without Math)
Let’s get to know more about these highest-salary jobs for commerce students with or without maths:
Chartered Accountant (CA)
A chartered accountant is someone who is responsible for matters related to taxation and accounting of a business. The tasks included tax returns, financial accounting and reporting, auditing financial documents, preparing and evaluating financial reports, and maintaining records of investments. Students must complete the CA Course which consists of 3 levels with different CA Subjects at each level to become a Chartered Accountant.
Skills Required to Become CA
With several students failing to clear all stages of the course, CA is one of the hardest courses in the world. Therefore, to do very well in this course, you require specific talents and skills. Here are the skills and knowledge you require to become a CA:
- Good in statistics and accounting.
- Exceptional reasoning abilities.
- Attention to detail and accuracy.
- Experience in auditing or internships.
- Balancing accounts and making presentations.
Marketing Manager
One of the most sought-after jobs and among the highest salary jobs for Commerce students is a marketing manager. He/She is expected to manage the marketing sector of products in a company. They plan, estimate, organize, and promote businesses. Marketing managers use advertising and public relations in order to maximize sales and maximize the market presence of the firm that they are working for. A career in Marketing Management is filled with promising and lucrative opportunities as you can choose from varied specializations in Marketing.
Skills Required to Become a Marketing Manager
A great deal is anticipated from a successful marketing manager in the current highly demanding business setting. Here are the important skills and knowledge you require to become a great Marketing Manager:
- Strategic and innovative insight into the goods and services.
- Good communication skills.
- Candidates have to navigate multiple facets of marketing, so they need to be agile and innovative.
- Aspiring candidates ought to consider digital marketing, as it is the future cornerstone of marketing and should also have exceptional reporting and documenting abilities.
Courses Need to Pursue to Become Marketing Manager
- Bachelors in Business Administration
- Bachelor in Management Studies
- MSc in Management
- Masters in Marketing
- Master in Digital Marketing
- Work experience: The traditional career path for marketing professionals starts as an intern, assistant, or coordinator, followed by employment as a specialist and associate, and finally as a manager.
Investment Banker
Investment Banking is one of the highest-paid commerce jobs in the US and across the world. An investment banker is someone who works closely with financial institutions and increases capital for a company. They give financial recommendations to these companies and organizations on how to reach a financial goal and make long-term and short-term financial plans.
Skills Required to Become an Investment Banker
Here are the skills and knowledge you require to become a successful Investment Banker:
- Great reasoning and analytical abilities
- Able to handle people and their temperaments.
- Strong skills in managing projects.
- Managerial skills are very essential.
- Good communication skills
Courses Needed to Pursue to Become Investment Banker
- Bachelors in Commerce
- Bachelor of Arts (BA) in Economics
- Bachelor of Business Administration (BBA) in Finance
- Bachelors in Finance/Accountancy
- MBA in Finance
- MBA in Digital Finance & Banking
- Course of Chartered Financial Analyst
- Course of Chartered Accountant
Human Resource Manager
Human resource managers recruit, interview, and hire new staff members; look after employee benefit programs, employment incentives, etc. There is a lot of scope in this field due to the increasing interest of people to work in the Business and Management sector.
Skills Required to Become a Human Resource Manager
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.
Courses needed to pursue to become Human Resource Manager
- Bachelors in Human Resource Management
- Diploma in Human Resource Management
- Msc in Human Resource Management
- MBA in Human Resource Management
Chartered Financial Analyst (CFA)
Chartered financial analysts are expected to perform analysis of returns and risks, collect data, prepare financial models, etc. They maintain the accounts and look after the financial planning of any organization. It is one of the highest-salary jobs in the US for Commerce students, especially amongst those with a degree in Finance or Banking.
Skills Required to Become a Chartered Financial Analyst (CFA)
The key skills and tasks of a Chartered Financial Analyst (CFA) is to study the capital markets across the globe and provide their clients and customers with possibilities. In the industries in which they are working, they also serve as financial consultants. The treasury divisions of a company are often led by financial analysts.
Here are some of the skills and knowledge you require to become a successful Chartered Financial Analyst (CFA):
- Intellectual ability, statistical and analytical skills.
- In order to be able to generate readable, graphic, and informative reports, Chartered Financial Analysts really have to be strong direct communicators.
- Sound decision-making capabilities.
- Trained in the use of different analysis technologies.
Courses Need to Pursue to Become a Chartered Financial Analyst
- Bachelor’s degree in Finance
- CFA exams
Certified Public Accountant (CPA)
A Certified Public Accountant primarily handles the accounting, reporting, taxes, and auditing process for corporations, clients, and the government. They suggest valuable and farsighted knowledge regarding the correct monetary decisions when there are high stakes. It is one of the highest-salary jobs in the US and across the world for commerce students. The CPA exam is administered by AICPA (American Institute of Certified Public Accountants).
Skills Required to Become a Certified Public Accountant (CPA)
A CPA has several activities at hand, from evaluating and examining the financial position of an institution such as a private corporation, state agency, or employee to conducting audits for them. Here are the skills and knowledge you require to become a successful Certified Public Accountant (CPA):
- Know about accounting and reporting procedures.
- Candidates should know how to use all the new tools for accounting systems.
- Have great knowledge of tax laws up to the mark.
- Good organisational knowledge and leadership skills.
Courses Needed to Pursue to Become Chartered Public Accountant
- Bachelors in Commerce
- BSc in Finance
- CPA Exams
Actuary
An actuary is someone who calculates and introspects the financial consequences of risks or unforeseen events. These individuals have combined extensive knowledge of Mathematics, Statistics, and Economics with intensive research to assess the risks associated with the insurance industry. Actuaries extensively work in businesses that need to manage financial risks like hospitals, banks, etc. It is one of the highest-paying jobs in the US and also globally. Check out our detailed blog to know about how you can establish a successful career in Actuarial Sciences!
Skills Required to Become an Actuary
Actuarial Science is not an easy course and you need to be determined to move forward with it, there are certain skills which you must possess. Here are the skills and knowledge you require to become a successful Actuary:
- There are 13 papers to understand and will take a lot of time to be prepared for all the hard work you will have to bring in. You should be hard-working and committed to the course.
- In that you can achieve a better knowledge of the basics of the course, you just have to have the zeal to read.
- Arithmetic or statistics skills
- Good analytical skills
- Problem-solving skills
Courses Needed to Pursue to Become Actuary
- Bachelors of Science in Maths/Statistics
- Bachelor of Science in AS
- Master of Science in AS
- MSc in Financial Mathematics
- The Actuarial Common Admission Test (ACET)
Cost Accountant
Cost accountants are responsible for budgeting, performance evaluation, cost, and asset management within the company. Being a part of the executive team, these professionals work to reduce financial waste in a company, analyze costs of production and other expenses, and ways to increase profit. They prepare financial reports for tax authorities, stockholders, creditors, and regulatory agencies.
Skills Required to Become a Cost Accountant
A Cost Accountant is liable for reducing the capital expenditures of a company as well as growing income. Duties include the assessment of real production or operation prices, the scrutiny of related business expenditures, the study of profitability and the planning of the financial plan. Here are the skills and knowledge you require to become a top Cost Accountant:
- Strong skills in oral and written communication.
- The potential to work as part of a squad.
- Outstanding technical and computational skills.
- Sound understanding of business.
- Exactitude and an eye for detail.
Courses to Become a Cost Accountant
- Bachelors in Commerce / Accounting
- MSc in Accounting
- MBA in Accounting
Business Accountant and Taxation
Professional business accountants work solely in the fields of taxation and finance. They must have sound knowledge about direct and indirect taxation along with excel and reporting skills. These experts work in the areas of Accounts, MIS, Taxation, Compliance, and Reporting. They also have knowledge of high-end accounting software and applications like Tally, Quickbooks, SAP and Advance Excel. The most popular programs you explore to pursue this high-salary career in commerce include the BAT course, Diploma in Taxation, and Tally course.
Skills Required to Become a Successful Business and Taxation Accountant
Here are the skills and knowledge you require to become a Business and Taxation Accountant:
- Established expertise in the world of practice as a tax consultant, tax analyst or tax preparer.
- Awareness in methods for accounting and finance.
- Familiarity with accounting software packages.
- Knowledge of computers (MS Excel in particular)
- Excellent expertise in analytics and time control.
- Good proficiency in maths.
Courses to Pursue to Become a Business and Taxation Accountant
- Bachelors in Commerce
- Bachelors in Business Administration
- Masters in Commerce
- Masters in Business Studies
- Masters in Business Administration
Retail Manager
One of the emerging careers and often listed among the highest-paying jobs for commerce is of retail manager. A retail manager maintains the working of a store. They are in frequent contact with the consumers and look after the staff and their necessities. With Retail Management Courses certification, professionals are fully aware of brands, retail philosophies, and marketing strategies to win customers.
Skills Required to Become a Retail Manager
Here are the skills and knowledge you require to become a Retail Manager:
- The talents of people as they interact with multiple staff and clients.
- Problem-solving skills
- Analytical abilities
- Communication skills
- In order to draw buyers, branding capabilities help them build visibility of the retail shop.
- Strong facilitating capabilities.
Courses to Pursue to Become a Retail Manager
- Bachelors in Retail Management
- Bachelors in Business Administration
- Bachelor in Management Studies
- Diploma in Retail Management
- Master in Retail Management
- MSc in Management
- MBA in Retail Management
Company Secretary
The Duties of the Company Secretary are similar to that of the Corporate Compliance Officer as the CS ensures the efficient administration of an organization, particularly with regard to assuring compliance with regulatory and statutory requirements. This key managerial person acts as a moderator between the board and stakeholders. A Company Secretary is ultimately responsible for any legal filings of the corporation such as tax obligations, disclosures to shareholders, and annual or quarterly earnings and account information.
Skills Required to Become a Company Secretary
Here are the skills and knowledge you require to become a successful Company Secretary:
- A Company Secretary needs to be flexible as they have to perform several positions.
- They ought to have exceptional talents in visual and written correspondence.
- They should also possess a deep understanding of business rules.
- For business managers and company secretaries, organising and conducting skills come in handy.
Courses need to Be Pursued to become a Company Secretary
- CS Course: Foundation, Executive and Professional Programme
Personal Financial Advisor
Personal Financial Advisors meet clients and provide prudent knowledge and suggest suitable decisions on investments like stocks and bonds, indicate tax laws, and insurance. They undergo special training for this profession to provide clients with means of maximizing their financial objectives in investments, insurance coverages, pensions, retirement savings, and managing debts.
Skills Required to Become a Successful Personal Financial Advisor
Here are the skills and knowledge you require to become a successful Personal Financial Advisor:
- The handling of finances should be outstanding
- To spot threats and opportunities, the focus needs to be paid to information
- Good skills in study and analysis are a must
- Customers should be able to send information in a manner that they appreciate
- Healthy employees have the expertise to ensure good customer relations
Courses to Pursue to Become a Personal Financial Advisor
- Bachelors in Commerce
- Bachelors of Finance and Accounting
- BFM
- Bachelors of Economics/ Mathematics
- B.com in Taxation and Finance
- M.com in Finance
- MBA in Financial Management
Research Analyst
Research Analysts explore information about markets, consumer behaviour, sales, and demand and further provide useful insights to the company regarding their consumer base as well as buying and selling products and services along with investing in the right places to boost revenue. Amongst the top highest paying jobs for commerce students. research analysts are generally needed across every industry from business, finance, and investment to marketing, sales, and fashion management, amongst others. They mainly have expertise in summarising details of consumer and sales research to understand financial advice for the company.
Skills Required to Become a Research Analyst
- Familiarity with Advanced Software
- Analytical and Logical Thinking
- Problem-solving Skills
- Presentation and Report Writing Skills
- Excellent Verbal and Written Communication Skills
- Strong Temperament and Creativity
- Excellent Time-Management Skills
- Leadership and Client Management skills
Courses to Pursue to Become a Research Analyst
- BSc in Data Science
- Bachelors in Business Administration
- Bachelors in Computer Science
- Bachelors in Finance
- MBA in Finance
- MSc in Computer Science
Chief Executive Officer (CEO)
Often listed among the best jobs in the US, CEOs are the ones who call the shots in any company or corporation. They are expected to handle the marketing, strategizing, and look after the daily operations of any company or organization. A CEO is also expected to hire, terminate, and meet the demands of the staff of any particular organization and is also responsible for the public relations of that particular organization.
Skills Required To Become CEO
To become a CEO, you have to work up to that position and reach that level. Nobody can ever jump into the work market and land the role of a CEO. Here are the skills and knowledge you require to become a CEO:
- Strong sense of business and knowledge of all facets of an organisation.
- They must be great business leaders and decision-makers with innovative ideas for the company to expand and grow.
- Strong communication skills and should be reflective of the organisation.
- Analytical skills for identifying industry risks and prospects.
Courses to Become CEO
- Bachelors in Business Administration
- Bachelors in Commerce
- Bachelors in Management Studies
- Bachelor in Entrepreneurship
- MSc in Management
- Master in Business Administration
- MBA in Entrepreneurship
Cost Management Accountant (CMA)
As one of the toughest courses in India as well as the highest-paying jobs for commerce students, Cost Management Accountant (CMA) is a professional certification which is internationally accredited for commerce and account professionals. The CMA course is affiliated with ICAI and is also offered in countries like the USA. Read more about CMA USA here.
Skills Required to Become a Cost Management Accountant (CMA)
Similar to CA, there are three levels of CMA, i.e. foundation, intermediate and final. Here are the major skills you will learn through the CMA course:
- Financial Accounting
- Cost Management
- Management Accounting
- Planning and Budgeting
- Risk Management
- External Financial Reporting
- Strategic Management
- Performance Management
Courses needed to become CMA
- CMA exams: 3 levels ( Foundation, Intermediate, Final)
Product Manager
With the new advancements in technology, every business is continuously working on building innovative products and services to reach an international audience. A product manager is an important part of the product building process, from its early conceptualization to design as well as final production. From Google to Tesla, every company is always on the lookout for proficient product managers who are super creative and innovative.
Skills Required to Become a Product Manager
Here are the major skills you must have to become a product manager:
- Basic knowledge of data interpretation and analysis
- Knowledge of the specific industry and KPIs
- Business Skills
- Strategic Management
- Familiarisation with User Experience and User Design
- Research proficiency
- Analytical skills
- Resourcefulness and Long-sightedness
- Attention to detail
Courses to Pursue to Become a Product Manager
- Bachelors in Business Administration
- Bachelors in Marketing
- Bachelors in Management Studies
- Bachelors in Finance/ Economics
- MSc in Marketing
- MBA in Product Management
Hotel Manager
Another career among the highest salary jobs for commerce Students is hotel management. Hotels are a key part of the travel and tourism industry and contribute massively to the national and world economy. Hotel Management is one of the popular specialisations for commerce students, with or without maths, and offers many highest salary jobs. A Hotel Manager can expect a starting salary of over 4 Lakhs per annum which can go even higher with experience.
Skills Required to Become a Hotel Manager
Here are the major skills you must have to become a hotel manager:
- Leadership Skills
- Communication Skills
- Unflappable under pressure
- Observational Skills
- Multitasking and Organizational Skills
- Patience
- Problem-solving Skills
- A warm and open personality
- Tact and Diplomacy
Courses to Pursue to Become Hotel Manager
- Bachelor of Hotel Management (BHM)
- Bachelor in Hotel Management and Catering Technology (BHMCT)
- BSc in Hospitality and Hotel Administration
- BA in Hotel Management
- BBA in Hospitality, travel & tourism
- Master of Hotel Management (MHM)
- Master in Tourism and Hotel Management (MTHM)
- MBA in Hotel Management
- MBA in Hospitality Management
- MSc Tourism and Hospitality Management
- MBA Hospitality
Event Manager
If you love planning fun events and fiestas for people around you and are always ahead with what’s trending in terms of popular events, then event management is the best career for you, whether you are a commerce, arts or science student. An Event Manager also referred to as an event planner, is the ultimate multitasker that plans an event from scratch, from taking care of its pre-planning, and managing an ongoing event to wrapping up once it’s concluded. From corporate to family and official events, you can explore various types of event planning in this career.
Skills Required to Become an Event Manager
Take a look at the skills you need to become an event manager:
- Brilliant Communication Skills
- Organisational Skills
- Problem-Solving Skills
- Attention to Detail
- Resourcefulness
- People Skills
- Time Management and Money Management
- Flexible
- Energetic
Courses to Become an Event Manager
- BBA Event Management
- Bachelor of Journalism and Mass Communication
- MA PR and Event Management
- Masters in Event Management
- MBA Event Management
- Diploma in Event Management
- Diploma in Event Management and PR
These are the top commerce stream jobs with the greatest salaries that will allow you to advance financially and are in high demand. Any student from the commerce profession could examine a wide range of topics. However, because the majority of these occupations in the commerce stream demand a high level of skill and a tremendous capacity for taking on responsibility, it is crucial that a student bring appropriate experience to the position. In order to obtain one of the highest-paying jobs in India for commerce majors, one would need to follow the proper procedures and take the appropriate courses.
Choosing a job that satisfies you and gives you a comfortable lifestyle is an important decision to make but coming to this decision can be tough. The experts at Leverage Edu can make this process easier for you, through psychometric tests and brainstorming sessions they can help you assess what career path – be it Finance, Marketing, Accounting or Analytics, would be ideal for you.
FAQs
Some of the most popular courses after class 12th commerce that are highly valued are Bachelor in Economics, Bachelor of Business Administration, Bachelor of Management Science, and Company Secretaryship amongst others.
Commerce opens up a host of opportunities for its students. Some of the major fields to pursue commerce students are actuarial science, management, economics, chartered accountancy etc.
Maths is not a mandatory requirement for CA. Students wishing to pursue CA can do so without maths as it is not a compulsory eligibility requirement for CA courses.
Undoubtedly a commerce student can become a CEO with the right skills and experience. With the right amount of knowledge combined with the ability to use technology, a commerce student can become a CEO in their professional career.
Both courses come with their own challenges and open up vastly different opportunities. While choosing between the two, it is imperative to be aware of one’s strengths and interests and pick the course one is most suited for.