Commerce is one of the most popular subjects in India at graduation and post graduation level. One of the prime reasons for commerce popularity is impact of globalization. Since the dawn of globalization and liberalization in India, the service sector as a whole has grown up by leaps and bounds. Because of the boom in service sector, commerce stream offers too many wonderful career opportunities. The commerce study starts at plus two level. Afterwards students can opt for commerce stream (B.Com) in graduation. Simultaneously they can opt for the job of Accountant. A commerce graduate stands a great chance in many careers. The major commerce careers are Chartered Accountant, Company Secretary, and Cost and Work Accountant. Apart from these, CFA, MBA, stock market and insurance are other attractive options.
Talking of Chartered Accountant, it is one of the most lucrative careers in India. The apex body of chartered accountancy course in India is Institute of Chartered Accountants of India (ICAI). The rising Indian economy has given wonderful opportunities to the candidates choosing chartered accountancy course. Chartered accountants are highly talented with rewarding pay package and are constantly in demand.
This course has three levels,
Entry Level Test that is Common Proficiency Test
First period of Theoretical Education, i.e., Professional Competence Course
Final period of Theoretical Education, i.e. Final Course.
Students can appear for entry level test after plus two examinations. Professional competence course can be joined by clearing entry level test. This stage involves article ship and IT training. After first stage, student can appear for final stage at the successful completion of which students are entitled to earn the degree of chartered accountant.