Career Opportunities for Commerce Graduates


WHAT IS COMMERCE?


commerce

The history of commerce starts about 1,50,000 years ago.  In earlier times, people used the barter system to exchange goods between themselves.  With the introduction of currency to the establishment of trade routes, Commerce has been growing exponentially. Nowadays, Ecommerce is the new future of business and marketing. It helps with the prospering of a nation and improves the living standard of its people.

By definition, Commerce is the activity of buying or selling goods, commodities, properties, or services, on a large scale. It is the social dealings of people. Commerce can be termed as part of a business. It does not deal with manufacturing or production, but it deals with the distribution of products and services.


WHY STUDY COMMERCE

Commerce has become one of the popular streams for students since it offers a wide range of career options. A student good or interested in numbers and finance can opt for commerce. Usually, in colleges, the Commerce department teaches accountancy, finance, business studies, economics, etc. Commerce subject is divided into two branches and many sub-branches as shown in the figure. One who opts for commerce must be aware of the topics and branches coming under commerce. Studying commerce enables the student to get familiarized with different fields like commerce, industry, and trade.



commerce-branches

E-COMMERCE

E-commerce refers to all the online activities involving the buying and selling of products and services.  There are 3 types of e-commerce :

  • Business to Business
  • Business to Customer
  • Customer to Customer

Amazon, Upwork, and eBay are some of the e-commerce sites. Benefits of e-commerce include cost reduction, flexibility, faster response, affordable advertising, marketing, etc.


CAREER IN COMMERCE
  • Banking
  • Investments
  • Insurance and Risk Management
  • Capital Markey
  • Accounting and Taxation
  • Tax Auditor
  • Lawyer
  • Teaching
  • Company Secretary
  • Cost and Work Accountant
  • Cost and Management Accountant
  • Actuaries
  • Financial Planner
  • Human Resource Executive
  • Foreign Trade Accountant 


CONCLUSION

Nowadays, Commerce has become a favorite subject among students in India. A wide range of job opportunities is created every day. Commerce act as a bridge between manufacturers and consumers. It encourages trade and assists the development of the nations. 






























































































































































































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