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Why Pursue a Commerce Career with ACCA, CA, or CMA?

Commerce opens a vast variety of job opportunities across the world. Top global multinational companies hiring commerce professionals in a high demand with providing better remuneration. Even at the initial stage, commerce professionals equip a high paying salary with a good reputation. 

Table of contents

Here are some of the mainstream commerce professional jobs are listed down,

  1. Chartered Accountant (CA)
  2. Investment Banker
  3. Chartered Financial Analyst (CFA)
  4. Certified Public Accountant (CPA)
  5. Actuary
  6. Cost Accountant
  7. Business Accountant and Taxation
  8. Company Secretary
  9. Personal Financial Advisor
  10. Entrepreneur
  11. Chief Executive Officer (CEO)

Now see the average salary of each of these highest-salary jobs for commerce students in their initial stages:

Is Mathematics Necessary?

It’s a big concern that mathematics is mandatory to achieve a commerce professional career. For sure, proficiency in mathematics will be better for your career, but you can achieve the same commerce professional career, without being proficient in mathematics or having a little basics in mathematics.

See, Some of the Top Highest Salary Jobs for Commerce Students without Maths;

Career opportunities Abroad?

Commerce Professional courses open a wide range of opportunities Abroad. As it is a Global Professional Career it gets a high career exposure in any country across the world. 

The following are the highest-paying jobs for commerce students abroad:

Does it Have a Future? 

Many students worry about the future of their career, as they are going to choose it. For a Commerce Professional Career, there is no scope of worrying. It ensures lifetime career security with an increasing career exposure. 

Here are some examples of comparing Job roles and Company and course vise, How is your career growing with your year of experience.

Role-Wise Breakup

Audit and Assurance Roles

Entry-Level (Audit Associate): INR 4-7 lakhs per annum.

Mid-Level (Audit Manager): INR 10-20 lakhs per annum.

Senior-Level (Audit Partner): INR 25-50+ lakhs per annum

Taxation Roles

Entry-Level (Tax Analyst): INR 5-8 lakhs per annum.

Mid-Level (Tax Manager): INR 12-22 lakhs per annum.

Senior-Level (Head of Tax): INR 30-60+ lakhs per annum.

Financial Analysis and Consulting

Entry-Level (Financial Analyst): INR 5-9 lakhs per annum.

Mid-Level (Finance Consultant): INR 12-24 lakhs per annum.

Senior-Level (Senior Financial Consultant): INR 30-70+ lakhs per annum

Corporate Finance

Entry-Level (Finance Officer): INR 5-10 lakhs per annum.

Mid-Level (Financial Controller): INR 15-25 lakhs per annum.

Senior-Level (CFO): INR 35-80+ lakhs per annum.

Management Accounting

Entry-Level (Management Accountant): INR 6-10 lakhs per annum.

Mid-Level (Finance Manager): INR 14-28 lakhs per annum.

Senior-Level (Director of Finance): INR 40-80+ lakhs per annum.

Risk Management

Entry-Level (Risk Analyst): INR 6-10 lakhs per annum.

Mid-Level (Risk Manager): INR 15-25 lakhs per annum.

Senior-Level (Chief Risk Officer): INR 30-60+ lakhs per annum.

Compliance

Entry-Level (Compliance Analyst): INR 5-9 lakhs per annum.

Mid-Level (Compliance Manager): INR 12-20 lakhs per annum.

Senior-Level (Head of Compliance): INR 25-50+ lakhs per annum.

Treasury

Entry-Level (Treasury Analyst): INR 6-10 lakhs per annum.

Mid-Level (Treasury Manager): INR 14-22 lakhs per annum.

Senior-Level (Treasurer): INR 30-60+ lakhs per annum.

Comparing Company Size

Small to Medium-sized Enterprises (SMEs)

Entry-Level: INR 3-6 lakhs per annum.

Mid-Level: INR 7-14 lakhs per annum.

Senior-Level: INR 15-25 lakhs per annum.

Large Companies

Entry-Level: INR 5-10 lakhs per annum.

Mid-Level: INR 12-24 lakhs per annum.

Senior-Level: INR 25-50 lakhs per annum.

Multinational Corporations (MNCs) and Big Four Accounting Firms

Entry-Level: INR 6-12 lakhs per annum.

Mid-Level: INR 15-30 lakhs per annum.

Senior-Level: INR 35- 50+ lakhs per annum.

Course Vise Exposure 

Making Your Final Choice

Global vs. Specialized Focus: Choose ACCA if you seek a career with global opportunities and a broad scope in accounting practices. Opt for CMA if you prefer a specialized career in management accounting and strategic financial management.

Time and Investment: Consider ACCA if you can commit to a longer duration of study and higher costs. Choose CMA for a shorter, more focused path with a generally lower cost.

Career Opportunities and Salary: Reflect on the industries and roles you are targeting. ACCA offers diverse opportunities in accounting, audit, and finance globally, while CMA is more aligned with roles in strategic planning and management accounting, particularly in the U.S. and corporate sectors.

Personal Interests and Strengths: Evaluate your interests in specific subjects and your academic strengths. ACCA covers a wide range of accounting and finance topics, while CMA is heavily focused on management accounting and analytics.

So If you are searching for a better career, Commerce professional courses like ACCA, CA, CMA will be one of the best choices for you. 

Why Elance, The Best Institute in Kerala 

Providing a holistic learning atmosphere to each and every student, leads Elance to be the best commerce learning provider. We have India’s top notch faculties having years of experience including industry proficiency. Together with the best faculties, Elance gives Mentar support, Coordinator support, and online guiding support. For the efficient learning of 24/7, Elance have the Learning App with including the recorded classes and continuous tracking. And all of the above Elance recently launched its Complete Study Planner App for the first time in the industry with the Virtual AI Mentar, Elant. It consists of many more interesting and fabulous features like Study Buddy, Learning Community etc. By the best effort in just 5 years, Elance reached great milestones of victory. Achieved 29+ Global Ranks , 56+ All India Ranks and 5 Affiliate Ranks.

Elance created the spectacular achievement of 2000+ pass in just 2 consecutive sessions. And we placed our affiliates in one of the best MNC’s all around the world. 

Yeah, Elance is growing, Elance is building victory with the emerging commerce professionals.

Step into the Commerce Profession with Elance, Step into a well settled life!

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