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Top Diploma Courses After 12th Commerce: Eligibility, Duration, Jobs and Scope

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  • read time3 min Read
  • By:CANAM Group
  • Updated On:Jul 28,2023 11:03 AM IST

Commerce is one of the most lucrative and vast areas of study. It is comprised of various subjects like business studies, accounting, management, marketing analysis, math, economics, statistics and more. Commerce provides wide range to determine strong areas of understanding, interest and capabilities. This analysis of area of interest is very crucial to take the suitable specialization in the form of diploma course after completing 12th with commerce stream. These specialized diplomas certainly inculcate specific industry-relevant skills as well as provide students with focused field of profession further. This blog aims to guide students regarding choice of diploma courses after 12th with commerce.

Top Diploma Courses After 12th Commerce .webp
Commerce is one of the popular fields among students in 11th and 12th worldwide. It’s considered a quite versatile field of growth into most of the valuable professions that support economic structure of any nation, prominent business fronts, and financial fields which remain important for everyone lifelong.

There are several prestigious universities or colleges in some of the major countries popular for quality education in various fields of commerce. Top countries to study abroad after 12th commerce:

UniversitiesCountries
London Business schoolUnited Kingdom
Harvard UniversityUnited States
INSEADFrance
Stanford UniversityUnited States
Massachusetts Institute of TechnologyUnited States
Bocconi UniversityItaly
The University of PennsylvaniaUnited States
The University of CambridgeUnited Kingdom
The University of OxfordUnited Kingdom
HEC Paris School of ManagementFrance
Commerce students have innumerable options, irrespective of the subject they choose for grades 11 and 12. Universities abroad offer varied and unique options for bachelors of commerce. Let’s explore some of the courses after 12th commerce that students can go for.

DisciplineCourses
Accounting
  • Associate of Applied science in Accounting Technology
  • Associate of arts in Accounting
  • BS in Accounting
Business Studies
  • Artificial Intelligence with Business Strategy
  • Business Analytics
  • Business and International Relations
  • Business and Politics
  • Business Psychology
Business Administration
  • BSc in Business Administration
  • Business Administration in Accounting
Statistics
  • Mathematics, Operational Research, Statistics and Economics
  • Business Statistics
  • Mathematics with Statistics for Finance
Economics
  • Economics and Management
  • Economics and Politics
  • Accounting and Financial Management and Economics
  • Economics and Accounting
  • Economics and Actuarial Science
Finance
  • Investment Analysis
  • Financial Services
  • Risk Management and Insurance
  • International Trade and Investment
  • Financial Planning
  • Banking and Financial Services
MarketingBusiness Administration in Marketing
CommerceBachelor of Commerce

Apart from these popular courses, students aspiring to do something more ambitious opt to become Chartered Accountants (CAs). This initiates the long process of writing papers, clearing them in clusters, three years of article ship/ audit training, and finally the achievement of becoming a certified chartered accountant or CA.

Eligibility Criteria for studying abroad after 12th commerce:

Before planning to study abroad after 12th commerce, certain prerequisites must be met. Here are some of the requirements to begin with:

  • Exams Scorecard- English proficiency exams like either IELTS or PTE and TOEFL are supposed to be cleared, according to the requirement of a particular university. Other than that, some subject specific exams like SAT, GRE and GMAT could be required.
  • Valid Passport
  • Academic Transcripts- Good grades are expected in 12th grade at an accredited institution.
  • Age- Students must be 18 years old to apply for courses to study abroad.
  • Student Visa- To study and reside in a nation abroad, a student visa is necessary.
  • Proof of Finances- Students should have sufficient funds to pay for the tuition fees and living expenses during the study period. Bank statements, scholarship details have to be provided as evidence.

Duration and admission cycle for diploma courses after 12th with commerce:

There are three intakes for admission in universities in most countries. The majority of the institutions have two major intakes, but there are few with three different cycles.

Trimester/semester 1Late February or early march to late May or early June.
Trimester/Semester 2
Late July or early August
Trimester/Semester 3September to late November

Job opportunities or scope after diploma course in commerce abroad:

Most students are seen these days pursuing a degree or diploma courses in different fields from abroad for a rewarding career opportunities. Students looking for short-term courses within a limited budget can now easily enrol in the various diploma programs abroad.

Commerce field provides plethora of jobs after the specialization in the same area, in the domains of Management, Marketing or finance. This field also offers some of the highest paying jobs and below are some popular career options in commerce stream:

  • Banking- Professional bankers with credible degrees are always in high demand in the market. It’s a leading career option with versatile job roles efficiently utilizing the skills learnt in this area.
  • Accountancy- This is another lucrative career option after 12th commerce as every organization, private or government needs professionals to handle their accounts. This career pathway also leads to advanced certificate courses like CA, CFA, ICWA that can take career to greater heights.
  • Chartered Accountancy
  • Company Secretary
  • Certified Public Accountant (CPA)
  • Certified Management Accountant (CMA)
  • Corporate Entrepreneurship
  • Financial Markets
  • Strategic Management
  • Material Management
  • Managerial Economics
  • Engineering Management
  • Financial Management
  • Company Secretary- For this role, its essential to understand and be familiar with responsibilities in a company. A company secretary (CS) is a legal expert or a compliance officer employed to ensure the efficient administration of the company.
  •  Investor Banker
  •  Auditor

The salary or income of the commerce stream jobs would vary according to the various fields within the area.
Students can expect anywhere between $50,000 to $1,00,000 per annum.

Conclusion
Pursuing a diploma course abroad after 12th commerce can open up various avenues for students in professional area. Other than that, these courses provide a great opportunity to gain specialized skills and knowledge in a specific field, preparing students for future.

FAQ

Various diploma courses after 12th commerce in abroad universities usually cost from 18,000 EUR-50,000 EUR in United Kingdom, 18,885 USD-71,350 USD in United States, 24,000 AUD- 39,000 AUD and 35,000/year NZD in New Zealand.
There are numerous scholarships for Indian students studying abroad after 12th:
•    Inlaks Scholarships- North America or Europe
•    TATA Scholarships- Cornell University, USA
•    Lester B. Pearson International Scholarships- University of Toronto
•    Monash International Merit Scholarships-Monash University, Australia
•    Orange Tulip Scholarships-Netherlands
•    Oxford and Cambridge Society of India Scholarships- UK Universities
As an Investment Banker, is the one of the highest paying career option? They deal in suggestions or counsel for range of businesses and organisations so that they can make the most use of their resources and meet their financial objectives.
Both alternatives of commerce with or without maths offer a multitude of incredible career prospects. In some courses Commerce without maths is applicable specifically, but usually rest of the options remain similar for with or without maths.
Some exams to be taken after 12th commerce are Civil Services Exam, IPPB exam, SSC CGL Exam, Railway exam, UGC-NET.

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