List of Professional Courses after 12th Commerce

Aindrila

Updated On: August 10, 2023 10:47 AM

Students from a Commerce background are aware of the professional courses that they can take after completing their Class 12th. Like CA, CS are two important professional courses after 12th Commerce, we have listed down all the other courses that you can choose in this article.

List of Professional Courses after 12th Commerce

Choosing a professional course after 12th commerce is difficult as it’s a choice of a lifetime. Commerce is quite a trending stream among the new age students as it has a wide variety of course and career options. Most students take up courses that they’re not interested in and end up changing them in future. Most commerce students are aware of professional courses such as CA, and CS but today we’ll discuss a list of professional courses that students can choose from after their CBSE Class 12 commerce.

Commerce as a career can be very demanding and lucrative. It deals with subjects like accounting and finance, cost and taxation, audition, banking and insurance, etc. It’s a perfect start for students wanting to start their own business, and learn about banking, marketing, and investing to name a few. There are various bachelor and professional courses after 12th Commerce available for students, and we’re here to help them narrow down the one they’re really interested in.

Courses after class 12th Commerce

Commerce provides a range of courses to study from. From selling to investing, students have a huge scope to learn as well as apply it in real-life situations. The courses can be divided into two sections- Bachelor Degree and Professional Degree. Bachelor’s degree prepares students for research-oriented careers whereas Professional degree prepares students for careers in specific fields.

Here’s a list of top professional courses and all necessary details about them.

  • Financial Risk Management (FRM)
  • Chartered Institute of Management Accountants (CIMA)
  • Associate of Chartered Certified Accountants (ACCA)
  • Chartered Accountant (CA)
  • Company Secretary (CS)
  • Chartered Financial Analyst (CFA)
  • Certified Management Accountant (CMA)
  • Certified Financial Planner (CFP)
  • Bachelor of Commerce (B.Com)
  • Bachelor of Arts and Bachelor of Legislative Laws (BA LL.B)
  • Bachelor of Business Administration (BBA)

Financial Risk Management (FRM): Details

FRM or Financial Risk Management is a course offered by the Global Association of Risk Professionals (GARP, USA). Students wanting to learn about finances and risks related to them can take up this course. The demand for FRM is extremely high in every industry.

FRM Eligibility

There’s no basic criteria to appear for the FRM exam. Students in their first year of undergraduate study can also appear for Part 1 of FRM exam. However, there are certain criteria to attain the degree.

  • One must have cleared Level 1 and 2 of the program within 4 years of applying for part 1 exam.
  • A minimum of 2 years of work experience within 5 years of clearing part 2 exam, is required.

FRM Exam Pattern

FRM exam has 2 parts- Part 1 and Part 2. The exam is conducted twice a year- on the third Saturday of May and November. Students can apply for both the parts on the same day, however, it is not recommended due to the lengthy syllabus.

Particulars

FRM Part 1

FRM Part 2

No. of questions

100 MCQs

100 MCQs

Duration of the exam

4 hours

4 hours

FRM is a paper-based exam with 100 MCQs. There’s no negative marking for wrong answers.

FRM Registration Fee

The table will show you the FRM registration fee-

Period

Fee in US Dollar

Fee in INR

Early

$350

Rs. 21,000

Standard

$475

Rs. 28,500

Late

$650

Rs. 39,000

It’s best for students to pay the fee at an early stage as they can save a ton of money.

FRM Exam Syllabus

The syllabus for Part 1 and Part 2 of the exam is given below along with the weightage of each section.

FRM Part 1 Syllabus

Weightage

Foundation of Risk Management

20%

Financial Markets and Products

30%

Quantitative Analysis

20%

Valuation and Risk Models

30%

FRM Part 2 Syllabus

Weightage

Market Risk Management

20%

Operational and Integrated Risk Management

20%

Credit Risk Management

20%

Liquidity and Treasury Risk Measurement and Management

15%

Current issues in financial markets

10%

Risk management and investment management

15%

Chartered Institute of Management Accountants (CIMA): Details

Students wanting to make a career in management accounting can opt for CIMA. This course aims to clear all the complicated concepts that you deal with while accounting or solving some financial issues.

CIMA Eligibility

CIMA can be pursued by students in their first year of college degree. Students with a graduation degree can get all four CIMA levels in two years.

CIMA Exam Pattern

Here’s all the important information for the 4 levels of the CIMA exam.

CIMA exam pattern

Objective type exam

Case study exam

Exam at each level

3

1

Duration of the exam

90 min

180 min

Exam Frequency

Daily based on availability at Pearson Centre

4 times a year- February, May, August, November

Result Declaration

Immediately

After 1 month of the exam

CIMA Exam Syllabus

Candidates appearing for the CIMA exam can clear all four levels in 2-2.5 years. Here’s the syllabus for the CIMA exam.

Certificate Level

  • Fundamentals of Business Economics
  • Fundamentals of Management Accounting
  • Fundamentals of Financial Accounting
  • Fundamentals of Ethics, Business Law, and Corporate Governance

Operational Level

  • Organizational Management
  • Management Accounting
  • Financial Reporting and Taxation

Managerial Level

  • Project and Relationship Management
  • Advanced Management Accounting
  • Advanced Financial Reporting

Strategic Level

  • Strategic Management
  • Risk Management
  • Financial Strategy

Associate of Chartered Certified Accountants (ACCA): Details

ACCA is a globally recognized course in over 78 countries. It trains one to perform strategically at senior management levels and has a well-designed curriculum. It provides candidates with relevant knowledge and skills. ACCA or Association of Certified Chartered Accountants is a global body that provides students with a ‘Certified Chartered Accountant’ certification. Individuals choose ACCA because they have the ability in the fields of business and accounting.

ACCA Eligibility

An individual must be 18 years old to receive an ACCA certificate. Students who have passed class XII from a recognized board of education with a minimum of 65% marks in English, Mathematics and Accountancy and over 50% marks in two other subjects are eligible.

ACCA Exam Pattern

ACCA exam is divided into 3 levels- Applied Knowledge, Applied Skills & Strategic Professional, with 13 papers in total.

ACCA Exam

Duration

Passing Marks

Total Marks

ACCA Foundation Exam

2 hours

50%

100

ACCA Applied Knowledge Exam

2 hours

50%

100

ACCA Applied Skills Exam

3 hours

50%

100

ACCA Strategics Professional Exam

3 hours apart from 1 paper (4 hours for that other paper)

50%

100

ACCA Syllabus

Here’s the syllabus for all the first level of the ACCA exam.

Knowledge Level

Paper 1

  • Business organization structure, governance, and management
  • Key environmental influences and constraints on business and accounting
  • History and role of accounting in business
  • Specific functions of accounting and internal financial control
  • Leading and managing individuals and teams
  • Recruiting and developing effective employees

Paper 2

  • The nature and purpose of cost and management accounting
  • Cost classification, behavior, and purpose
  • Business mathematics and computer spreadsheets
  • Cost accounting techniques
  • Budgeting and standard costing
  • Short-term decision-making techniques

Paper 3

  • Context and purpose of financial reporting
  • Qualitative characteristics of financial information and fundamental bases of accounting
  • Use of double-entry accounting systems
  • Recording transactions and events
  • Preparing a trial balance
  • Preparing basic financial statements.

Chartered Accountant (CA): Details

ICAI regulates the profession of Chartered Accountancy in India. It is one of the most common professional courses in India and lakhs of students appear for its foundation exam each year. The course prepares students to work in the accounting and taxation field of business. Here are the important details regarding the CA course.

Chartered Accountancy Eligibility

The eligibility criteria for students wanting to appear for the CA examination is-

  • The student must have passed class 12 before applying for the CA foundation exam.
  • The candidates must register themselves with the Board of Studies and complete 4 months of study period before appearing for the CA foundation exam.

Chartered Accountancy Exam Pattern

A candidate needs to pass all three levels of CA i.e Foundation, Intermediate, and Finals, in order to obtain the degree. The CA Foundation has four papers and the candidates have to clear all of them in order to appear for the intermediate level. CA Intermediate has two groups- Group I and Group II, with four papers each and same is the case for CA Finals. The candidates must pass each group in one sitting. All CA exams are conducted twice a year- May and November.

CA Exam Level

Number of Papers

Time Duration

CA Foundation

4

Paper 1 and 2- 3 hours

Paper 3 and 4- 2 hours

CA Intermediate

8

3 hours for all papers

CA Finals

8 (Paper 6 is elective)

Paper 1 to 5, 7 & 8- 3 hours

Paper 6- 4 hours

CA Registration Fee

Here’s the registration fee for all the levels of the CA exam.

CA Exam Level

Registration Fee

Application Fee

CA Foundation

Rs. 9,800

Rs. 1,500. Late payment- Rs. 600 extra.

CA Intermediate

Rs. 11,000 for one group

Rs. 15,000 for both groups

Rs. 1,500 for single group

Rs. 2,700 for both groups

Rs. 600 for late fee payment

CA Finals

Rs. 22,000

Rs. 1,800 for single groups

Rs. 3,300 for both groups

CA Syllabus

Here’s the syllabus for all levels of the exam-

CA Exam

CA syllabus

Marks

CA Foundation

  • Business Law
  • Business Correspondence and reporting
  • Business mathematics
  • Business economics, etc.

100 marks for each paper i.e. 400 in total

CA Intermediate

  • Accounting
  • Business Law
  • Cost Accounting and Financial Management
  • Taxation
  • Auditing and Assurance, etc.

100 marks for each paper i.e. 800 in total

CA Finals

  • Financial reporting
  • Strategic Financial Management
  • Direct Tax Law and International Taxation
  • Goods and Services tax, etc.

100 marks for each paper i.e. 800 in total

Company Secretary: Details

A company secretary ensures smooth administration of a company. They are responsible for the legal and financial regulation of the company, management of shareholders and communication, etc. There are more than 4 lakh students appearing for the CS foundation exam every year. Many commerce students opt for the Company Secretary course as it is one of the most popular professional courses after 12th Commerce. Here are more details regarding the CS exam.

Company Secretary Eligibility Criteria

Students wanting to appear for the CS foundation exam, now known as CSEET, should-

  • Qualify class 12 from any recognized state/national board of education.
  • Students can also pursue CS after graduation. In that case, they won’t have to appear for the CSEET exam.

Company Secretary Exam Pattern

The CS exam has three levels- CS Executive Entrance Test (CSEET), Executive Program, and Professional Program. The exam is conducted twice every year- June and December.

CS Exam Level

Number of Papers

Qualifying Marks

CSEET

4

40% in each paper and 50% in aggregate

CS Executive Program

Module I and Module II- 4 paper each

40% in each paper and 50% in aggregate

CS Professional Program

Module I and Module II- 4 paper each

40% in each paper and 50% in aggregate

Company Secretary Total Fee

The registration fee for all three levels of the CS Program is given below-

Company Secretary Executive Entrance Test Fee

Rs. 10,600

CS Executive Program

Rs. 10,600

CS Professional Program

Rs. 13,000

Company Secretary Syllabus

Here’s the syllabus for all three levels of the CS exam-

CS Exam

CS Syllabus

Marks

CSEET

  • Business Law
  • Business Management
  • Business Economics
  • Accounting and Auditing

100 marks for each paper i.e. 400 in total

CS Executive Program

  • Company Law
  • Tax Law
  • Corporate and Management Accounting
  • Economics, and Business Law, etc.

100 marks for each paper i.e. 800 in total

CS Professional Program

  • Advanced Tax Laws
  • Drafting, Pleadings, and Appearances
  • Corporate Funding and Listing in Stock Exchanges
  • Secretarial Audit, Compliance Management, and Due Diligence, etc.

100 marks for each paper i.e. 800 in total

Chartered Financial Analyst (CFA): Details

Chartered Financial Analyst commonly known as CFA is gaining popularity among commerce students. It is a globally recognized degree and is considered tougher than CA or CS courses. CFA looks into the matters of trading, accounting, auditing, etc. Let’s go through all the necessary information regarding CFA.

Chartered Financial Analyst Eligibility Criteria

Here’s the eligibility criteria for students wanting to pursue CFA-

  • Candidates must have a Bachelor’s degree or be in their final year of Bachelor’s degree at the time of registration, or
  • Candidates who have a total of 4 years of work experience can also apply.
  • Candidates must have a valid international passport.

Chartered Financial Analyst Exam Pattern

The table below has all the necessary information regarding CFA Level 1 exam pattern-

Particulars

Details

Exam Frequency

Four times a year- Feb, May, Aug, and Nov

Format of Questions

MCQs

No. of Questions Asked

Section 1- 90 MCQ, Section 2- 90 MCQ i.e. a total of 180 MCQ

Exam Duration

Split into two session of 2 hours 15 mins each i.e. a total of 4.5 hours

Chartered Financial Analyst Registration Fee

The registration fee of CFA alone is Rs. 1,03,000. This doesn’t include the tuition fee. It is easily one of the most expensive professional courses in our list.

Chartered Financial Analyst Syllabus

The level 1 of CFA exam includes subjects like-

  • Ethics and professional standard
  • Quantitative methods
  • Economics
  • Financial reporting and analysis
  • Corporate finance
  • Equity
  • Fixed income
  • Derivatives, etc.

Certified Management Accountant (CMA): Details

The name itself suggests that a CMA is responsible for managing accounts along with taking decisions regarding the finances of the company. The UGC has resolved that CMA will be considered a postgraduate qualification. The CMA course is designed in a way to train individuals for working in different industries and corporate offices. The CMA course credentials are issued by the Institute of Cost Accountants of India (ICAI). There are 3 stages of the CMA course - CMA Foundation Level, CMA Intermediate Level and CMA Final Level.

Certified Management Accountant Eligibility Criteria

The eligibility criteria for CMA are given below separately for 3 stages-

CMA Foundation Level

Candidates have to pass Class 10 or equivalent examination followed by the Class 12 examination from a recognized board. Students who received National Diploma in Commerce Exam (AICTE or by any recognized board) can also apply.

CMA Intermediate Level

To apply for CMA intermediate level, students must have passed SSC or equivalent examination followed by a Graduation degree (in any stream). Students have to clear the foundation or entry-level course by ICAI.

CMA Final Level

Candidates who want to study the CMA Final level must have passed the intermediate level.

Certified Management Accountant Exam Pattern

Like the CA course, CMA also has three programs- Foundation, Intermediate, and Final- that the candidates need to qualify in order to acquire the degree. The exam is conducted twice a year- June and December.

CMA Exam Level

CMA Exam Pattern

CMA Foundation

  • Exam Mode- Remote Proctored Test
  • Exam Type- MCQ based
  • Marks per Paper- 100 marks
  • Exam Duration- 2 hours

CMA Intermediate and Final

  • Exam Mode- Computer Based Exam
  • Exam Type- Descriptive Mode only
  • Marks per Paper- 100 marks
  • Exam Duration- 3 hours


Certified Management Accountant Course Fee

The course fee for each level of the CMA exam is given below-

CMA Exam Level

Course Fee

CMA Foundation

Rs. 6,000

CMA Intermediate

Rs. 23,100 in total

CMA Final

Rs. 25,000 in total

Certified Management Accountant Syllabus

The syllabus for all level of the CMA exam is given below-

CMA Exam Level

Syllabus

CMA Foundation

  • Economics
  • Accounts
  • Law
  • Basic Math and Statistics

CMA Intermediate

  • Financial Accounting
  • Law and Ethics
  • Taxation
  • Cost Accounting
  • Management
  • Company Audit, etc.

CMA Final

  • Corporate Law
  • Financial Management
  • International Taxation
  • Cost Management
  • Business Valuation
  • Audit, etc.

Certified Financial Planner (CFP): Details

A certified financial planner will have expertise on the areas of taxes, estate planning, insurance, financial planning, etc. Let’s go through all the details regarding CFP.

Certified Financial Planner Eligibility Criteria

The eligibility criteria for CFP is given below-

  • Candidates who have passed class 12 from a recognized board of education can apply for the exam. They should pass all five exams covering six modules to be certified as a CFP.
  • Candidates who have cleared the CA Intermediate Level, CFA, CS, LL.B can directly appear for the fifth exam i.e. Advanced Financial Planning to earn the degree.

Certified Financial Planner Exam Pattern

The certified financial planner exam is a MCQ based exam with 170 questions. The time duration of the exam is 3 hours. The exam is conducted twice a year- July and November. The registration for July session begins from March and for November session candidates can start applying for July 14 onwards.

The CFP exam is 3 hours long with 85 MCQs and is a computer based exam.

Certified Financial Planner Course Fees

The registration and course fee are given below-

Particulars

Details

Registration Fee

Rs. 16, 385

Exam Fee for first 4 paper

Rs. 4,130 per exam per attempt

Exam fee for 5th paper

Rs. 8,260 per attempt

Certification Fee

Rs. 7,080

Certified Financial Planner Syllabus

The syllabus for CFP includes-

  • Financial Planning
  • Insurance Policies
  • Risk Analysis
  • Insurance Concepts
  • Investment vehicles
  • Investment strategies
  • Estate Planning
  • Tax Computations, etc.

Bachelor of Commerce (B.Com): Details

One of the most popular courses among Commerce students is B.Com. The course will allow the candidates to specialise in a specific domain of commerce. Candidates studying B.Com covers a wide range of topics related to business, finance, economics, accounting, marketing, human resources and management.

B.Com Eligibility Criteria

Candidates need to complete their 10+2 with any stream from a recognised board of education. There is no minimum aggregate marks requirement in Class 12th but it is good to have an overall percentage of 50% or above to get admission to institutions that admit candidates based on merit in the qualifying exam.

B.Com Exam Pattern

Most colleges in India accept students for the B.Com degree based on their merit, however, some colleges conduct entrance exams for admission. Find here the general exam pattern for the B.Com exam.

Exam Duration

3 hours

Number of Questions in exam

150 questions

Marking Scheme

+4 marks for correct answer

-1 mark deducted for wrong answer

Exam Mode

Computer-Based Test (CBT)

Medium of question paper

English

B.Com Syllabus

Check here the B.Com syllabus for the entrance exams that are conducted along with the weightage.

Subject

Weightage

General English

25%

Logical Reasoning

25%

Data Interpretation

35%

General Awareness

15%

Bachelor of Arts and Bachelor of Legislative Laws (BA LL.B): Details

BA LL.B degree deals with Humanities and Law streams and the law programme enables students to enrol in classes on history, sociology, administrative law, criminology, family law, and other legal subjects. In this 5-year course, students get to learn about various arts subjects like Indian History, Political Science, English/ Hindi, Economics, Sociology, World History, and Sociopolitical Issues along with specialized courses in administrative law and legislature of the country.

BA LL.B Eligibility Criteria

To study BA LL.B, students need to complete their Class 12 with at least 50% to 60% aggregate marks in any stream. However, there is no specific age requirement to study the law course.

BA LL.B Exam Pattern

BA LL.B exam pattern differs for different law entrance exams that are conducted in India. However, the number of questions and the marks allotted for the exam is almost the same in most entrance exams.

Parameter

Detail

Mode

Offline

Duration

2 Hours

Language

English

Type of Questions

Multiple Type Questions (MCQs)

Number of Questions

120

Marking Scheme

For every correct answer: +1

For every incorrect answer: -0.25

For every unattempted question: 0

Total Marks

120 marks

BA LL.B Syllabus

Take a look at the BA LL.B syllabus from the table below for the entrance exams that are conducted.

Section

Syllabus

English Language

  • Reading Comprehension
  • Figures of Speech- Personification, Irony etc.
  • Articles
  • Active & Passive Voice
  • Concord (Subject-Verb Agreement)
  • Verbs formation
  • Vocabulary Based Questions
  • Tenses
  • Prepositions
  • Modals
  • Spotting Grammatical Errors
  • Verbs Usage

Current Affairs and General Knowledge

  • Current Affairs
  • History
  • Major developments in the areas of sports
  • Awards and honours
  • Static GK
  • International Affairs
  • Economy, Science
  • International events
  • Geopolitics and important environmental agreements
  • Eminent personalities
  • Contemporary events of significance from India and the world
  • Arts and Culture

Legal Reasoning

  • Legal Maxims
  • Indian Constitution
  • Criminal Law
  • Landmark Judgements
  • Legal Terms
  • Torts
  • Contracts
  • Current Affairs Related to Law (Judgements/ Bills/ Acts etc.)

Logical Reasoning

  • Basic of Logic
  • Forcefulness of Arguments
  • Premises & Conclusion
  • Syllogisms
  • Course & Effect
  • Assumptions
  • Inferences
  • Strengthening & Weakening Arguments
  • Premises & Conclusion
  • Courses of Action

Quantitative Techniques

  • Volume & Surface Area
  • Basic Algebra
  • Percentage
  • Time & Distance
  • Statistics
  • Average
  • Ration & Proportion
  • Data Interpretation

Bachelor of Business Administration (BBA): Details

Bachelor of Business Administration or BBA is a 3-year undergraduate degree course created to provide knowledge of business management and detailed aspects of running a company. BBA is one of the most popular bachelor’s degree programs for students who have passed class 12th from any stream, i.e. Science, Commerce, and Arts. The subject is a combination of business-related & generic courses with popular specializations including Marketing, Finance, HR Management, Supply Chain Management and Information Technology

BBA Eligibility Criteria

Students just after Class 12th can apply for the BBA course. To get into the BBA course, aspirants should have passed their Class 12th exam from any stream (Science, Arts, or Commerce) from a recognized board. They need to score a minimum aggregate of 50% marks in Class 12th. However, some top colleges in India have set the minimum qualifying marks to 60%. The BBA course has an age limit where general category candidates need to be between 17 to 22 years and reserved categories between 17 to 24 years.

BBA Exam Pattern

The entrance exam for the BBA course usually have 3 sections with a time duration of 100 to 120 minutes. The 3 sections are Quantitative & Numerical Ability, Reasoning & General Intelligence, and Proficiency in the English Language.

Section

Total Marks

Number of Questions

Time in Minutes

Reasoning and General Intelligence

40

40

100 Minutes

Quantitative and Numerical Ability

40

40

Proficiency in English Language

40

40

Total

120

120

100

BBA Syllabus

The detailed syllabus for the exam for the BBA course has been discussed below.

English Language

Subject

Topic

Reading Comprehension

3 passages and 5 questions with each passage

Vocabulary

Correctly identifying the meaning of underlined words in sentences

Error Recognition

Grammatical Structure and Usage error-based questions

Contextual Usage

Using appropriate words as per the context

Sequencing of Ideas

Putting Jumbled Sentences into Order

Quantitative and Numerical Ability

Number System

Numer Series

Fractions

Surds and Decimals

Algebra

Algebraic Identities

Sequence and Series (AP & GP)

Linear and Quadratic Equations

Arithmetic

Percentage

Ratio and Proportion

Profit, Loss, and Discount

Time, Work, and Distance

Compound Interest and Annuities

Areas and Volumes of 2D and 3D Figures

Trigonometry

Trigonometric Ratios and Identities

Heights and Distances

Elementary Statistics & Probability

Mean, Mode and Median

Measures of Dispersion

Sets and Functions

Sets

Venn Diagrams

Operations on Sets and Application

Functions

Reasoning & General Intelligence

Data Interpretation

Questions based on the information given in graphs and charts.

Data Sufficiency

Analyzing whether the given information is sufficient to solve a question.

Critical Thinking

Questions based on Problem Solving and Decision Making.

Numerical Reasoning

Questions based on Venn Diagrams and Mathematical Equalities.

Verbal and Logical Reasoning

Judging the validity of Arguments based on given Statements and deriving conclusions based on given premises.

Spatial Reasoning

Figure Analogy

Figure Series

Figure Matching / Classification

We hope this article was helpful. In case of any query, feel free to head to our QnAZone. For more such information, stay tuned to CollegeDekho .

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FAQs

Why do commerce students choose professional courses after 12th commerce?

Commerce is quite a lucrative career and some students might get bored of the usual B.Com, BBA, BA LL.B and other bachelor’s degree programmes. There are a variety of professional courses available for the students, you have to just check the criteria, and admission procedure and apply for your favourite course. 

 

What are the eligibility criteria for studying the BBA course?

To get into the BBA course, aspirants should have passed their Class 12th exam from any stream (Science, Arts, or Commerce) from a recognized board. They need to score a minimum aggregate of 50% marks in Class 12th.

 

What is the course fee for the CMA program?

The CMA course is divided into 3 levels, Foundation, Intermediate and Final. The CMA Foundation course fee is Rs 6000, the CMA Intermediate course fee is 23100 and the CMA Final course fee is Rs. 25,000 in total.

 

What do I have to study for the CIMA exam?

The important topics that you have to study for the CIMA exam are Fundamentals of Business Economics, Fundamentals of Financial Accounting, Organizational Management, Financial Reporting and Taxation, Project and Relationship Management, Advanced Management Accounting, Strategic Management, Risk Management, Financial Strategy, etc.

 

What are the eligibility criteria to become an FRM?

To appear for the FRM exam, there are no basic criteria needed. Candidates who are in their 1st year of undergraduate courses can appear for Part 1 of the FRM exam. Although, students have to clear Levels 1 and 2 within 4 years of applying for the FRM Part 1 examination. With this, students must have 2 years of work experience within 5 years of completing their Part 2 exam.

 

What are the career prospects of a CFA?

After completing the CFA course, candidates can choose to work with a lot of companies. The salary of the CFA varies based on their skills and experience. Some of the high-paying jobs after CFA are Risk Managers, Private Bankers, Business Consultants, Portfolio Managers, Chief Financial Officers, Investment Managers, etc.

 

What is the BA LL.B course all about?

In the BA LL.B course curriculum, students get to study history, sociology, administrative law, criminology, family law, and other legal subjects. As it is a mixture of arts and legal subjects, they learn about various arts subjects like Indian History, Political Science, English/ Hindi, Economics, Sociology, World History, and Sociopolitical Issues along with specialized courses in administrative law and legislature of the country.

 

What are the eligibility criteria for the CS programme?

To study the CS course, candidates must have passed a 10+2 or equivalent examination from a recognized board although there is no minimum percentage required. Students should have passed the CSEET (Company Secretary Executive Entrance Test) examination and they must be of 17 years of age or above.

 

Who can study the CFP program?

If you have passed class 12 from a recognized board, then you can apply for the CFP exam. However, you need to pass all five exams covering six modules to be certified as a CFP. those who have cleared the CA Intermediate Level, CFA, CS, LL.B can instantly appear for the fifth exam i.e. Advanced Financial Planning to earn the degree.

Who can pursue the CA course?

To become a certified CA, students have to complete 3 levels designed by the ICAI. Those who want to appear for the foundation examination need to pass Class 12 and complete a four months study period after the registration of CA. But, people who want to take entry through the direct route need to have at least 55% marks in their undergraduate/postgraduate Commerce degree. 

 

Can I study Certified Financial Planner (CFP) course?

If you have passed class 12 from a recognized board, then you can apply for the CFP exam. However, you need to pass all five exams covering six modules to be certified as a CFP. those who have cleared the CA Intermediate Level, CFA, CS, LL.B can instantly appear for the fifth exam i.e. Advanced Financial Planning to earn the degree.

What is the course fee of the Certified Management Accountant?

A CMA course is quite a lucrative career in the field of business accounting. The course functions on Management, Strategy, Regulatory Framework and Financial Reporting. The CMA course is divided into 3 levels, Foundation, Intermediate and Final. The CMA Foundation course fee is Rs 6000, the CMA Intermediate course fee is 23100 and the CMA Final course fee is Rs. 25,000 in total.

What are the eligibility criteria for the CS programme?

A CS is in charge of the smooth administration of a particular company.

  • For the ICSI Company Secretary foundation course, the interested candidates must have passed a 10+2 or equivalent examination from a recognized board although there is no minimum percentage required.
  • To study the ICSI Company Secretary Executive course, all the candidates must pass the CSEET (Company Secretary Executive Entrance Test) examination and they must be of 17 years of age or above.
  • Those who want to study the ICSI Company Secretary professional course must successfully pass the ICSI Company Secretary Executive examination.

Who can study the CA course?

A CA is a professional person who practices auditing, accounting, taxation and financial assessment for an organisation or as an individual. To become a certified CA, students have to complete 3 levels designed by the ICAI. Those who want to appear for the foundation examination need to pass Class 12 and complete a four months study period after the registration of CA. But, people who want to take entry through the direct route need to have at least 55% marks in their undergraduate/postgraduate Commerce degree. 

Who is a CFA?

CFA or Chartered Financial Analyst is the most sought-after career in the field of finance and investment management. Individuals who study CFA gain insight into the financial markets and add value to their skills. The CFA course is divided into 3 levels, CFA Level I, CFA Level II and CFA Analyst Level III. The Chartered Financial Analyst Institute offers CFA credentials to students. The CFA exam comprises subjects like Economics, Money Management, Accounting and Security Analysis. 

What are the important topics I have to study for the CIMA exam?

The four levels of the CIMA exam have to be completed within 2-2.5 years. The important topics that you have to study for the CIMA exam are Fundamentals of Business Economics, Fundamentals of Financial Accounting, Organizational Management, Financial Reporting and Taxation, Project and Relationship Management, Advanced Management Accounting, Strategic Management, Risk Management, Financial Strategy, etc.

What are the eligibility criteria to become an FRM?

To appear for the FRM exam, there are no basic criteria needed. Candidates who are in their 1st year of undergraduate courses can appear for Part 1 of the FRM exam. Although, students have to clear Levels 1 and 2 within 4 years of applying for the FRM Part 1 examination. With this, students must have 2 years of work experience within 5 years of completing their Part 2 exam.

Who is a Financial Risk Manager?

Companies are looking for opportunities to minimize their risks and an FRM does exactly that. An FRM implements measures to control the impact of the outcomes that damage the company, be it financial or physical assets. The Financial Risk Management course is offered by the Global Association of Risk Professionals. The demand for FRMs is really high in today’s world. 

What are the career scopes of a CFA?

After completing the CFA course, individuals can opt for quite a lot of career prospects. The salary of the CFA varies based on their skills and experience. Some of the high-paying jobs after CFA are Risk Managers, Private Bankers, Business Consultants, Portfolio Managers, Chief Financial Officers, Investment Managers, etc.

Why do commerce students choose professional courses after 12th commerce?

Commerce is quite a lucrative career and some students might get bored of the usual B.Com, BBA, BA LL.B and other bachelor’s degree programmes. Commerce has a bright future scope and provides a high salary for students who choose professional courses. There are a variety of professional courses available for the students, you have to just check the criteria, and admission procedure and apply for your favourite course. 

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