Top 3 Courses for a Lucrative Career after 12th

With increasing competition among students, it has become even more important for them to choose the right career after 12th. Once a student had decided what career path they want to pursue, choosing the best course becomes a dilemma. Students these days are highly competitive and prefer pursuing professional courses soon after they complete their 12th. Here is a list of the top three courses that fetch you a lucrative career after 12th in the field of Accounting and Finance.

Top 3 Courses for Career after 12th Commerce

1. Association of Chartered Certified Accountants (ACCA)

• ACCA is a global professional accounting body based in the United Kingdom. ACCA offers the Chartered Certified Accountant qualification (ACCA) and constitutes of 219,000 members and 527,000 students over 179 countries.
• The course provides a global scope for career growth, making it the best course for a career after 12th.

  • ACCA Scope:

    • ACCA is a globally recognized qualification in accounting, which makes it the best career after 12th in the accounting and commerce field. ACCA gives candidates an edge over other professionals due to its preferential status in 59 countries in the Middle East, Europe, the United Kingdom, and other parts of the world.
    • The topics covered in the ACCA course are Business Accounting, Management Accounting, Financial Accounting and Management, Corporate and Business Law, Performance Management and Analysis, Taxation, Financial Reporting, Audit and Assurance on an advanced level.

  • ACCA Duration

    • The minimum ACCA course duration is 2-3 years.

  • ACCA Eligibility

    • The ACCA course has the lowest eligibility criteria wherein a candidate can pursue the course after clearing their 12th exams.
    • The following candidates are eligible for the ACCA course:
      • Students who have completed 12th from Commerce stream and have passed in five subjects including English and Mathematics, with 65% marks in at least two subjects and over 50% marks in others.
      • Students pursuing graduation in Commerce i.e. B. Com, BBA, BMS, etc.
      • BA/B.Sc. graduates from a recognized university (no marks restrictions), through a foundation in Accountancy.
      • Students preparing for CPT, IPCC
      • Chartered Accountants should pursue ACCA for added credibility and a global edge

  • ACCA Average Salary Range:

    • The average salary range for an ACCA professional is Rs.6-20 lakhs in India. The earning potential leverages multiple times if the candidate pursues a career in other countries.
    

  • ACCA Job Opportunities:

    • Here is a list of the Job Opportunities after ACCA
      • Auditor
      • Tax Manager
      • Chief Financial Officer (CFO)
      • Forensic Accountant
      • Finance Manager
      • Financial Controller
      • Corporate Treasurer
      • Management Accountant
      • Financial Accountant

Student Testimonials:

2. Financial Risk Manager (FRM):

• FRM certification is offered by the Global Association of Risk Professionals (GARP, USA) which is a leading professional organization for Risk managers.
• FRM Scope:
  • The FRM course is designed for candidates who want to develop their analytical skills towards the different risks associated with a business such as credit risk, market risk, operations risk.
  • The FRM course covers topics like management of risk, valuation and risk models, financial markets, and products.
  • Financial Risk Managers are in demand with banks, consulting firms, asset management companies, insurance, technology, and non-financial companies. The demand for FRM professionals is high and increasing rapidly making it the second best career after 12th.
• FRM Eligibility:
  • An undergraduate candidate is eligible to register for the FRM Part 1 exam.
  • The GARP has set no minimum eligibility criteria for candidates to pursue the FRM Course.
• FRM Duration:
  • The minimum FRM course duration is 2 years.
• FRM Average Salary Range:
  
  • The average salary range for an FRM professional is Rs.6-20 lakhs in India.
  • The earning potential leverages multiple times if the candidate pursues a career in other countries.
  
• FRM Job Opportunities:
  • Here is a list of the Job Opportunities after FRM
    • Corporate Risk Director
    • Risk Management Consultant
    • Operational Risk Analyst/Manager
    • Enterprise Risk Analyst/Manager
    • Commercial Risk Analyst/Manager
    • Credit Risk Analyst/Manager
    • Market Risk Analyst/Manager
    • Regulatory Risk Analyst/Manager
    • Chief Risk Officer
3. Chartered Accountant (CA):
   • The CA qualification is offered by the Institute of Chartered Accountants of India (ICAI).
   • ICAI regulates the Chartered Accountant profession and practices in India.

   • CA Scope:

     • CA is a professional course that trains the candidates in subjects like Accounting, Corporate Laws & Other Laws, Cost and Management Accounting, Taxation, Advanced Accounting, Auditing and Assurance, Enterprise Information System & Strategic Management, Financial Management & Economics for Finance, Financial Reporting, Strategic Financial Management, Advanced Auditing and Professional Ethics, Strategic Cost Management and Performance Evaluation and much more.
     • To start a career after 12th, CPT is the first step towards the CA course.

   • CA Duration:

     • The minimum CA course duration is 5 years

   • CA Eligibility:

     • Students can appear for the CPT exams after clearing their 12th exams.
     • The CPT route to CA makes it’s a preferable course for a career after 12th in India.
     • Students from any background, Arts, Science or Commerce, are eligible to register for CPT.

   • CA Average Salary Range:

   • CA Job Opportunities
     • The average salary range for CA professionals is Rs.6-20 lakhs in India.
     • CA is a preferred designation in India, but it limits the scope of growth outside India since International Certifications like CPA and ACCA are preferred in other countries.
   • CA Job Opportunities:
     • Auditor
     • Accounting Manager
     • Business Services Accountant
     • Chief Financial Officer (CFO)
     • Cost Accountants
     • Financial Controller
     • Tax Accountant
     • Tax Manager

Get Soft Skill Training: