Picking a career option after finishing 12th grade is a big and often challenging task. At this key point, you see many career options that could shape your future. You might like finance, design, or engineering. Your choice can affect your career path and how happy you feel. To make this choice, you need to think hard about what you’re interested in, career goals, what you’re good at, and what you want in the long run. This decision will set the way for your future academic and professional life.
Here are the best career options after 12th for commerce students:
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ACCA (Association of Chartered Certified Accountants)
ACCA is a qualification known worldwide that helps people acquire accounting, auditing, and managing skills. It can be a great career option after 12 enabling students to obtain a solid grip on finance reporting, taxes, audit and businesses. This prestigious credential opens doors to many international career opportunities in accounting and finance.
Course Structure: The ACCA qualification consists of 13 exams divided into three levels:
- Applied Knowledge
- Applied Skills
- Strategic Professional
Eligibility: Students who have passed 12th standard with at least five subjects, including English and mathematics can enroll in the ACCA course.
Job Opportunities: ACCA qualified professionals can work as:
- Financial Managers
- Business Analysts
- Risk Managers
- Management Accountants
- Consultants
Salary Package: ACCAs can earn between INR 8 -12 LPA in India, depending on their experience and job role.
2. CFA (Chartered Financial Analyst)
Students interested in the finance field can opt for CFA as a career option after passing 12th class. This course focuses on investment analysis and portfolio management. It is a globally recognized credential offered by the CFA Institute.
Course Structure: If you are interested in investment analysis, you need to clear the exam level wise and once you clear all the three levels you are required to gain at least 3 years of experience to earn the charter.
Eligibility: For pursuing CFA, exam window must be 23 months or fewer before graduation so 12th pass candidates can also register for CFA Level I exam
Job Opportunities: This prestigious certification opens doors for numerous job opportunities for the various finance roles, including:
- Chartered Financial Analyst
- Investment Banker
- Portfolio Manager
- Equity Research Analyst
- Risk Manager
Salary Package: The CFA level 1 cleared candidates can earn between INR 4 to 6 LPA
With The WallStreet School’s CFA course you can complete all your exams in minimum possible time.
3. CMA (Certified Management Accountant)
A Certified Management Accountant (CMA) is a globally-recognised certification, offered by the Institute of management Accountants (IMA). This course is designed to evaluate the critical accounting and financial management skills, making it the best choice for students after passing 12th grade.
Course Structure: The CMA program splits into two sections: Financial Planning, Performance, and Analytics, and Strategic Financial Management. To pass both sections, you must ace exams and gain two years of relevant job experience.
Eligibility: Students who have cleared 12th class are eligible to appear for CMA course.
Job Opportunities: The CMA credentials can open doors to various job opportunities both in india and internationally in roles such as:
- Financial Controller
- Chief Financial Officer
- Finance Manager
- Financial Analyst
- Financial Risk Manager
- Cost Accountant
- Budget Analyst
- Senior Accountant
- Risk Analyst
Salary Package: CMA certificate holders make between INR 6 to 8 LPA when starting out. This shows that CMAs can get 65% more than those without the certification.
4. FRM (Financial Risk Manager)
The Global Association of Risk Professionals (GARP) offers a reputed risk certification called Financial Risk Manager (FRM). It’s a professional certification and ideal for students looking to build their career after 12th in risk management profile.
Course Structure: It contains two parts, the candidate must gain two years of work experience in a related field after completing the two parts. This experience needs to be provided within 5 years of passing the FRM part 2 exam. Once the candidate proves their work experience, they receive the FRM designation.
Eligibility: It doesn’t require any specific education, but knowledge in finance or risk management could help so it is suitable for even 12th standard commerce passouts.
Career Opportunities: FRM certification can help you work on the job roles like risk analysts, risk managers, credit risk experts, and operational risk managers in banks, investment firms, and corporate finance teams.
Salary package: FRM certification can earn you an average starting salary ranging from INR 6 to 9 LPA.
5. CA (Chartered Accountancy)
CA is one of the most reputable and challenging career options after 12th for commerce students in India. This professional certification is a combination of academic studies, professional training, and passing rigorous examinations of CA inter and CA finals. It helps CAs solidify their skills in areas such as accounting, auditing, taxation and financial management.
Course Structure: The CA course is categorized into three levels:
- CA Foundation
- CA Intermediate
- CA Final
Additionally, students have to complete 3 years of practical training (articleship) to own a CA certificate.
Eligibility: Students who have passed out 12th in Commerce stream with a minimum of 55% marks are eligible to enroll in the CA Foundation course.
Job Opportunities: CAs are in great demand across various sectors for roles like:
- Auditor
- Financial Analyst
- Tax Consultant
- Corporate Finance Manager
- Investment Banker
Salary Package: A CA fresher can make a starting salary ranging from INR 7-10 LPA, which can further increase as per their experience.
Conclusion
One of the most important decisions after the 12th standard is to know the right career option, which indicates the beginning of your future. With the help of professional courses like ACCA, CFA, CMA, FRM, and CA you can explore countless high-paying opportunities in finance, accounting, and management areas. These well-known certifications can widen your job prospect both in India and internationally.
Pursuing these courses can be time-consuming and challenging, but with the right guidance, you can reach your goals successfully. The WallStreet School offers complete support and comprehensive study resources to help you acquire these certifications in the minimum possible time.
Enroll today with The WallStreet School and gain the knowledge, skills, and confidence essential to succeed in your exams and career.
