What are the careers in Commerce -Finance and Accounting?

What is commerce?
Commerce is the activities and procedures involved in buying and selling things.
Commerce:- trade, business, dealing, exchange
Key Words of Commerce:-Accounting, Marketing, Management, Business Administration, e-Commerce, and Banking
Commerce (also sometimes called distribution services or distributive trades), comprises mainly wholesale and retail trades. (https://www.ilo.org/ )
Commerce is the exchange of goods and services, especially on a large scale. It includes economic, legal, political, social, cultural, and technological processes operating in a country or international trade. (https://cleartax.in/g/terms/commerce )
The exchanging, buying, or selling of things having economic value between two or more entities, for example goods, services, and money. Commerce is often done on a large scale, typically between individuals, businesses, or nations. (Cornell Law School)
Commerce is the exchange of goods and services between two parties. While a transaction refers to the buying and selling of an item, commerce is all the transactions of that item in an economy. Commerce focuses on distribution rather than production. Many nations have created government agencies to promote and manage commerce. Large organisations also regulate commerce. When commerce is managed properly, it can increase the economic vitality of a company and community. (https://in.indeed.com/career-advice/finding-a-job/career-opportunities-in-commerce )
What is E-commerce?
- E-commerce refers to the purchase and sale of goods and/or services via electronic channels such as the internet,
- Selling or purchasing a physical product online,
- Includes the sale and purchase of non-physical goods, such as services and digital products,
Professional courses after 12th Commerce
Bachelor of Commerce (B.Com) | Bachelor of Business Administration | BBA | Chartered Accountant (CA) |
Company Secretary (CS) | Bachelor of Computer Application (BCA) | BA. Economics (Honours) | Bachelor of Banking and Insurance (BBI) |
LLB (Bachelors of Law) | Bachelor of Accounting and Finance (BAF) | CMA (Cost and Management Accountant) | Bachelor of Business Studies (BBS) |
BA. English Hons. | Bachelor of Financial Markets (BFM) | B.Sc Hons. Statistics | BA Visual Communication |
BFT (Bachelor of Foreign Trade) | Mass media and Journalism | BMS (Bachelor of Management Studies) | Hotel Management Program (BHM) |
Travel and tourism | Bachelor of Fine Arts | ||
BBA | Specializations | ||
Business Administration International Business Computer Applications Accounting Tourism Travel & Tourism Management (BTTM) supply chain Entrepreneurship Sports Management Information Systems Hospitality Finance Retail Human Resources Management Global Business Hospital & Healthcare Marketing Human Resource Management |

Major Employment Sector for Commerce Students
Banking, Financial Services and Insurance (BFSI) | Retail Management | Telecom Industry | Real Estate |
Hospitality | E-Commerce | Logistics management | IT/ITES – Information Technology |
Research and consultancy | Media and Entertainment |
Career options in Commerce
Chartered Accountant | Financial Analyst | Auditor | Tax Policy Analyst |
Chartered certified accountant | Chartered management accountant | Chartered public finance accountant | External auditor |
Company Secretary | Actuarial Sciences | Civil Services | Export-Import Manager |
Cost Accountant | Stock Broker | Social Worker | Asset Manager |
Investment Banker | Consultants | Banker and Loan Officer | Family Business Manager |
Entrepreneur | Economist | Computer Programmer | Tax Policy Analyst |
Hotel Management | Data analyst | Lawyer | Technical support executive |
Travel specialist | Foreign Trade Manager | Auditing and Tax | Capital Market |
Market researcher | Retail manager | Cost and Work Accountant | Cost and Management Accountant |
Insurance agent | Statistician | Certified public accountant (CPA) | Budget analyst |
Forensic Accountant | Information and Technology Accountant | Managerial Accountant | Controller |
Chief Financial Officer (CFO) | Business development manager | Licensed conveyancer | Mortgage adviser |
Treasury Analyst | Procurement manager |

Skills for Success in the Field of Commerce
The global marketplace is always changing. Commerce Career Services works with you to navigate those changes. We help you discover opportunities and ensure that you’re the right person for the job—and equally important—that the job is the right fit for you. (https://www.commerce.virginia.edu/career-support )
Knowledge of Accounting Practices | Proficiency in Accounting Software | Ability to Prepare Financial Statements |
Knowledge of General Business Practices | Ability to Analyze Data | Critical Thinking Skills |
Accounting Organizational Skills | Time Management Skills | Written and Verbal Communication Skills |
`Continual Learning | knowledge and awareness of business organisations | Numerical and quantitative skills |
Problem-solving and analytical ability | Entrepreneurship | knowledge of global business issues |
Resources Web links
https://vimeo.com/184907108 (The Minnesota Department of Commerce)
https://www.ottawa.edu/online-and-evening/blog/july-2021/10-best-accounting-skills https://www.prospects.ac.uk/careers-advice/what-can-i-do-with-my-degree/accounting-and-finance https://www.monsterindia.com/career-advice/career-options-for-commerce-after-12th/ https://www.jainuniversity.ac.in/blogs/careers-in-commerce
https://mn.gov/commerce/about/careers/
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