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Completion of 12th class is one turning point of your life. You will be determining everything with the choices you make now. Though the number of options might be amazing, the number of possibilities can help you in making a better choice. In this, we are going to explore the best career options after 12th, opportunities in commerce and the financial world, such as CA (Chartered Accountancy) and CMA (Cost and Management Accounting).
Why Do You Need to Make the Right Choice?
The choice you make after 12th goes a long way in determining your future. Be you talking of learning commerce, science, or the arts, you need to make a choice that you believe fits your interests, skills, and long-term goals.
CA and CMA: Best Career Options for Commerce Students
If you are a commerce student, CA and CMA is one of the most rewarding and respected careers in finance, accounting, and management.
Chartered Accountancy (CA)
Being a CA is highly valued in the finance sector. A CA deals with taxation, auditing, and financial consulting. The Institute of Chartered Accountants of India conducts the examinations for this degree.
High Remuneration: CA is considered to be one of the most highly paid jobs in India.
Variety of Careers: CAs can work in private firms, government departments or even open their own practice.
Employment Security: The demand for cost accountants with job security for a period of years
Cost and Management Accounting (CMA)
If you want to specialize in cost accounting and budgeting, which will be crucial for the firms to manage finances, then CMA is a good option. Offered by the Institute of Cost Accountants of India, CMA is a course in finance management and strategic planning.
Major Contribution to Companies: CMAs help companies make significant decisions and ensure cost management.
International Opportunities: The CMA certification is international, so you can work in different countries.
Skyrocketing Demand: With the incorporation of cost efficiency in companies' priorities, there is an increasing demand for CMAs.
Other Career Options After 12th
Not everyone might opt for CA or CMA. That's not a problem; here are other equally feasible options after finishing 12th:
B .Com (Bachelor of Commerce)
A B .Com is a three-year undergraduate degree covering accounting, finance, and business management and thus serves as a foundation for CA, CMA, or further studies.
BBA (Bachelor of Business Administration)
If you are interested in management, a BBA helps develop leadership and entrepreneurial skills, so it's an excellent step toward an MBA and to careers in marketing or finance.
Professional Courses
Consider specialized courses like:
CS (Company Secretary): Focuses on corporate governance.
CFA (Chartered Financial Analyst): Ideal for investment management.
Banking and Finance Certifications: As an allied field of the industry
Other Fields
Science or Arts backgrounds students may choose:
Engineering: Specialise in one of the following fields.
Medical Studies: Health care graduates.
Architecture: Design buildings and spaces.
Mass Communication and Design: Can get into media and other fields of creative pursuits.
Humanities: It may include psychology or sociology, etc.
How to Choose the Right Path?
When selecting the career path after 12th, keep all these points in mind.
Interest & Passion: Choose an area of specialty that gets you excited.
Strengths & Skills: Understand your inner strengths and point them in the right direction by matching them with the skills of your choice.
Scope & Opportunities: Do research about the long-term and short-term prospects of that career and also look at the earnings.
Guidance: Guidance through mentors, or even to career counselors, and academies such as Gurukul Academy helps one gain clarity to make the best decision.
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