Entrance Exams After 12th Commerce

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#Decision Right Career Bright

Introduction

After completing class 12th one of the most important concerns for a student and his family is “what I/he should do now?”. There is so much content available on Google and YouTube, but they contribute to confusing you more than helping you by providing you with more and more career options. In earlier times people used to think that there are career options only after class 12th in the field of science stream but in the contemporary world career options our there in every field in which you think of, commerce is one such field. In this blog, Here is the list of Entrance Exams After 12th Commerce.

LIST OF TOP ENTRANCE EXAMS AFTER CLASS 12TH COMMERCE

Given below is the list of the top entrance exams after class 12th commerce:

Entrance Exam Conducting Body
CA Institute of Chartered Accountants in India (ICAI)
ACCA Association of Charted Certified Accountants
Company Secretary
Executive Entrance Exam (CSEET)
Institute of Company Secretaries in India (ICSI)
NMIMS – NPAT  Narsee Monjee Institute of
Management Studies (NMIMS)
CFA Chartered Financial Analysts Institute
CUET National Testing Agency
IPMAT Indian Institute of Management Indore
FRM GARP
CMA Institute of Management Accountants

Now let’s elaborate on these entrance exams one by one. 

CA( Chartered Accountant)

CA(Chartered Accountant) is a profession which cannot be neglected when we talk about the Commerce field. The Institute of Chartered Accountants of India (ICAI) is the body which conducts Chartered accountant exams to become a CA in India.

If you want to become a CA then you have to register yourself under the CA course offered by ICAI.

 Usually, it takes 4-6 years approximately so a person can become a CA.

A person can earn an average salary of 5-12,00,000 lacks per annum approximately.

If you have an interest in Accounts and related subjects then you can consider CA as a career option 

ACCA( Association of  Chartered Certified Accountants)

If you want to become a Chartered Accountant then ACCA can also be your pick, ACCA provides you with CA certification for more than 98 countries approximately.

The only setback of ACCA is that if you pursue ACCA then you do not have signing authorities in India, but you can get a job in MNCs.

ACCA also helps you to avoid the pressure that CA students go through, you can give papers at your ease for more information you can check ACCAs official website.

You can get almost the same packages in India after ACCA as you get after doing CA, salary prospects increase when you take a job in a country other than India.

Company Secretary Executive Entrance Exam (CSEET)

The company secretary is also a good career option after class 12th, the Institute of Company Secretary of India(ICSI) is the regulatory and maintaining body of the profession Company Secretariat.

The CS is one of the Most Prominent posts in a company.

A certified Company Secretary handles the legal aspects of the business of an enterprise or an Individual.

To be able to professionally practice the company secretaryship you need to pass examinations and professional training.

A CS also earn average salaries equal to that of a CA.

NMIMS-NPAT

NMIMS-NPAT is the Entrance exam for getting admission to the Narsee Monjee Institute of Management Studies (NMIMS).

It is taken for admission in B.Sc. in Economics and Finance, B.Com (Hons.) and BBA.

Placement of the colleges is really good and provides a studious environment for students.

CFA

CFA is also a really good option which gives you the globally recognized designation of Chartered Financial Analyst.

It is a popular choice among commerce professionals. The CFA institute regulates the CFA course.

To complete the course candidates, have to clear three levels of the exams, which include an assessment of the candidate on the grounds of accounting, economics, business ethics, money management and security analysis.

Upon successfully passing all three levels, candidates can work as financial analysts.

CUET

Earlier, admissions were given to students in DU on a merit basis, except for some selected courses like BMS, BBAFIA, BBE, etc.

If you want admission to Delhi university now you need to give CUET.

One of the safest options and most common opted options for students after passing class 12th is to get admission to a university.

Delhi University is one of the best universities to pursue a bachelor’s degree in Delhi is Delhi university.

IPMAT

IPMAT is the entrance exam which students give to get admission to IIM after class 12th, in an integrated programme.

The duration of the course is 5 years, it provides students with both BBA and MBA degrees, and it saves students from giving the CAT exam after graduation.

IIMs Brand value is unmatchable, for MBA in India thus, it can be trusted blindly when its prospects are considered.

FRM(Financial Risk Management)

is a globally recognized professional accreditation in the field of the finance Market.

This certification is given by the global association of risk professionals(GARP).

An average salary of INR 5-10 lacs can be expected after clearing the course of FRM(Financial Risk Management).

CMA

The full form of the CMA is a cost and management accountant.

This course is a certification which is awarded by the Institute of Management Accountants.

It prepares the individual for a wide range of roles in financial accounting and strategic management.

This course provides you with a certification in management and cost accounting.

After completing CMA an individual will get a job as a cost or management accountant.

 
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