What is Commerce Stream and why is it Gaining Traction

What is Commerce Stream and why is it Gaining Traction The commerce stream is one of the most popular streams for students who have completed their class 10 board exams. The stream has witnessed raging popularity in the recent past while more and more students make it their career path of choice. One of the major reasons for it gaining such traction is its wide range of career options.

Students who enroll in the Best commerce college in Kolkata are very well-versed in crunching numbers. They get very skilled at analyzing big data and cultivate a basic sense of finance and economics.

What is a commerce stream?

Commerce as an education stream provides its students with in-depth knowledge of business and trading activities such as the exchange of goods and services, right from the producer to the end consumer. Students who study commerce in classes 10 and 12 have subjects like Economics, Business studies, and Accountancy.

The students who have a genuine interest in this field go on to pursue b.com (Hons) in their college life.

Reasons why commerce stream is gaining traction 1. The highest-earning employees A professional’s income is one of the major criteria for choosing a career path. So, the question to ask then is: “Who is the highest-paid employee across any job?” The answer to that would be management professionals.

Now, the Best commerce college in Kolkata teaches management at its fundamental level. So, students who want to pursue a career in management or finance can truly benefit by choosing the commerce stream.

As per research, the average annual salary of a Chartered Accountant in the country ranges from 6 to 30 lakhs.

CAs who work abroad are paid even higher and can expect a salary of 40 to 75 lakhs per annum.

2. A more practical stream Commerce is one of the rare streams that provide its students with knowledge that they will actually be used in day-to-day life. So, whether your favourite commerce subject is economics, commerce, or business studies, each of these subjects imparts knowledge that has a direct application to your life.

Everyone uses commerce as it is an integral part of our lives. We all either employ or play the role of an accountant to manage our finance and maintain home budgets.

3. An early introduction to the business environment The global economy is constantly changing, and b.com (Hons) students learn how to adapt to such economic changes in the best way possible. The commerce stream as a whole teaches you to recognize changes that are about to occur in the business world. Hence, you can carefully carve out a premeditated solution without actually having to wait for the change to strike, and then find a solution to adapt.

4. Become a financial advisor Money may not be everything in life, but it is a very useful thing to maintain a comfortable and safe life. Hence, many people spend large sums of money to book appointments with finance experts who assist them in managing their money and assets. As a dedicated commerce student, you can soon become one of those highly paid financial advisors who offer their financial wisdom to High Networth individuals (HNIs).

You can help HNIs by educating them about various concepts such as mutual funds, shares, and other things and managing their investments on their behalf. Other than becoming a financial advisor, a commerce student who passes out from the Best commerce college in Kolkata can become a chartered accountant or even an entrepreneur that helps shape society.

So, whatever may be your career aspirations or end goals, knowing how to handle taxation and the financial implications of making investments or enterprise decisions will never get outdated. Hence, anyone with a brimming mind is highly advised to pursue the commerce stream just like millions of other hopefuls.