Short Term Courses for Commerce Students

Organizations tend to give preference to professionals who have specialized knowledge in specific fields because of the growing global competition and the complexity of business models worldwide. In the field of commerce, students who pursue short-term courses after completing their Bachelor of Commerce degree can gain a competitive advantage over other individuals who are aspiring to pursue a career in the field.

The employability of graduates with a Bachelor of Commerce degree in India is estimated to be 43% as of the year 2022, according to statistics. However, it is important to keep in mind that the degree only provides theoretical knowledge, despite the fact that it is a prerequisite for obtaining a job. It does not extend to particular fields, such as Chartered Accountancy, Banking, Finance, or Taxation, among others. There is no doubt that increasing the number of job-oriented classes that graduates of commerce programs take at the same time can result in improved career prospects. It is without a doubt possible for students of commerce to improve their employability quotient by enrolling in such specialized classes.

With so many different classes to choose from, it can be difficult to determine which one is the best option. In this article, information is provided regarding the supplementary classes that commerce students can take either during their time in school or after they have graduated.

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Short-Term Certificate Courses For Commerce Students

In contrast to full-time courses, short-term courses in commerce that are taken after graduation typically last for a period of time that is less than one year. In addition, they can be pursued as correspondence courses in addition to working a job. These classes have the potential to improve one’s chances of landing a job with a high salary. The following are the courses that are the most popular in this category:

Certificate in Financial Modelling

Certificate in Financial Modelling, also known as Financial Modelling (FMVA), is a comprehensive course designed to equip individuals with the skills needed to forecast a company’s performance. By analyzing past and present reports, students learn to project various parameters, aiding in strategic decision-making. This course typically spans between 1 to 6 months, providing a thorough understanding of MS Excel tools, which are integral to financial modelling.

Financial Modelling opens doors to a variety of lucrative career paths. Professionals can find opportunities in Project Finance, Investment Banking, Financial Analysis, Financial Modelling Analysis, and Investment Analysis. These fields offer diverse opportunities for growth and development, with salaries ranging from INR 4.5 LPA to 7.5 LPA on average.

With the demand for financial analysts and modellers on the rise, obtaining a Certificate in Financial Modelling can significantly enhance one’s career prospects. The skills acquired through this course enable individuals to navigate complex financial scenarios, analyze data effectively, and provide valuable insights to organizations across industries. Whether embarking on a new career path or seeking advancement in the finance sector, FMVA offers a solid foundation for success.

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Certificate in Banking & Financial Services

For many B.Com graduates, the banking industry holds significant appeal as it aligns closely with their academic background and offers lucrative incentive-driven opportunities. However, breaking into the private banking sector can be challenging without the necessary skills and knowledge. This is where certification courses in banking and financial services come into play, providing aspiring professionals with the expertise needed to excel in the industry.

These certification programs, available in both online and offline formats, introduce students to a wide range of banking techniques and practices that may not be covered in traditional college curricula. With a focus on corporate statistics, data analysis, and tax regimes, these courses offer a comprehensive understanding of banking fundamentals in a short period.

Typically spanning 3 to 6 months, banking courses are accessible to candidates who have completed their 10+2 from a recognized board, as well as those holding degrees in any discipline from reputed universities, including MBA or MSc graduates.

Upon completion of certification in banking and financial services, graduates unlock a multitude of job opportunities in the banking sector. From roles as Bank Managers and Financial Accountants to Certified Public Accountants (CPAs) and Investment Bankers, the possibilities are vast. Other potential career paths include Equity Analyst, Financial Risk Manager, Asset Manager, Business Analyst, Foreign Exchange Trader, Loan Officer, and many more.

By investing in certification courses in banking, aspiring professionals not only enhance their career prospects but also gain the necessary skills to thrive in the dynamic and competitive banking industry. With a wide range of job opportunities and the potential for growth and advancement, a career in banking offers endless possibilities for B.Com graduates seeking rewarding and fulfilling careers.

US Certified Management Accounting (CMA)

The US Certified Management Accounting (CMA) credential is a prestigious qualification that equips accounting professionals with the skills needed to make strategic decisions within organizations. CMAs play a crucial role in recording financial data, simplifying complex information, and presenting it to management teams along with their recommendations and solutions. This course opens doors to various rewarding career paths, including Financial Management, roles as Professors in Accounting and Finance, Strategic Head positions, Recovery Consultants, and Financial Risk Managers.

Professionals holding the US CMA designation can expect competitive salaries in India, ranging from INR 7 LPA to 8 LPA on average. With the demand for skilled financial professionals on the rise, obtaining the US CMA certification can significantly enhance one’s career prospects and earning potential. Whether pursuing opportunities in corporate finance, academia, or consulting, the US CMA designation demonstrates expertise in management accounting and strategic decision-making, making it a valuable asset in today’s competitive job market.

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Diploma in International Financial Reporting Standards (IFRS)

The Diploma in International Financial Reporting Standards (IFRS) offers a comprehensive understanding of the globally accepted accounting principles crucial for international financial reporting in capital markets. Developed by the Association of Chartered Certified Accountants (ACCA), this course is available through various online academies, including Zell Education. With a duration of 4 to 6 months and a single exam requirement, candidates are expected to have a minimum of two years of post-graduation work experience to enroll.

Graduates of the Diploma in IFRS can explore diverse career opportunities, including roles in Financial Consulting, IFRS Training, Financial Analysis, Chartered Accountancy, and pursuing the ACCA qualification. In India, professionals holding this diploma can expect competitive salaries, with average earnings reaching up to INR 8 LPA. This certification not only enhances career prospects but also signifies expertise in international financial reporting standards, making graduates valuable assets in the finance industry.

Certificate in Stock Market

A Certificate in Stock Market provides individuals with essential knowledge and skills to navigate the dynamic world of stock trading. Over the past two decades, the popularity of stock market trading has surged, leading to an increased demand for qualified professionals in the field. Stockbrokers play a vital role as intermediaries between investors and stock markets, offering valuable trading advice and facilitating transactions.

Typically spanning 3 to 6 months, a certification course in the stock market covers both fundamental and technical analysis of stocks, equipping individuals with the tools needed to make informed investment decisions. Graduates of this program can pursue diverse career paths, including roles as Equity Dealers, Equity Advisors, Stockbrokers, Floor Brokers, and Account Managers.

In India, professionals in the stock market field can expect competitive salaries, with average earnings ranging from INR 4 LPA to 5 LPA. This certification not only opens doors to exciting career opportunities but also signifies expertise in stock market operations, making individuals valuable assets in the financial industry.

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Certification in GST

For commerce graduates and finance professionals, the implementation of GST has created a plethora of opportunities in the taxation domain. A certification in GST serves as a valuable asset, propelling individuals towards rewarding career paths in accounting, taxation, and consultancy.

The demand for professionals with expertise in GST is evident across various industries, as businesses strive to maintain compliance and navigate the complexities of the tax system. Job roles such as Taxation Manager, Taxation Research Analyst, GST Practitioner, and GST Trainer offer lucrative career prospects for certified GST professionals.

The duration of a GST course typically ranges from 6 months to one year, depending on the institute. Eligibility for certification includes individuals with degrees in commerce, finance, banking, law, or accounting, as well as existing accounts specialists and professionals seeking a career switch to the taxation domain.

Numerous institutes provide certification courses in GST, including prestigious institutions such as IIM Skills, Institute of Chartered Accountants of India, and Institute of Cost Accountants of India. Additionally, online platforms like Udemy and Tax Guru offer accessible options for individuals looking to upskill in GST.

By completing a certification course in GST, individuals not only enhance their career prospects but also contribute to the efficient functioning of businesses and the economy at large. With job opportunities spanning across taxation practice, consultancy, and legal compliance, certified GST professionals play a vital role in shaping the financial landscape of the country.

Certificate in Web Designing

A Certificate in Web Designing equips individuals with the skills needed to excel in the field of website design and maintenance. While digital marketing focuses on marketing tools, web designing delves into the creation and management of websites. Typically spanning six months, a web designing course covers various disciplines such as SEO, User Experience Designing (UX), web graphic designing, and web interface designing.

Professionals who complete this course, especially commerce students in a three-month program, can expect lucrative career opportunities with salaries ranging from INR 5 LPA to 7 LPA. Graduates can pursue diverse roles in web design, including UX Designer, UX Researcher, Web Designer, Multimedia Developer, and even Game Developer.

In today’s digital age, the demand for skilled web designers continues to grow, making this certification a valuable asset in the job market. With expertise in web designing, individuals can contribute to creating engaging and user-friendly online experiences while enjoying competitive salaries and opportunities for career advancement.

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Certificate in Data Science

A Certificate in Data Science offers individuals the opportunity to delve into the realm of analyzing complex data, making it an attractive field for those with a knack for data analysis. Data Scientists play a crucial role in transforming raw data into valuable insights that drive informed decision-making processes. With the demand for data-driven decision-making on the rise, the role of a Data Scientist has become increasingly valuable in various industries.

Professionals who complete a Data Science certification, including commerce students in a short-term program, can expect competitive salaries ranging from INR 8 LPA to 10 LPA. This certification opens doors to a plethora of job opportunities in the data science field, including roles such as Data Scientist, Data Analyst, Analytics Manager, Business Analyst, and even Sports Analyst.

With the exponential growth of data generation and the increasing reliance on data-driven strategies, the demand for skilled Data Scientists continues to soar. Obtaining a Certificate in Data Science not only provides individuals with the necessary skills to excel in this dynamic field but also offers lucrative career prospects and opportunities for professional growth.

Certificate in E-Commerce

A Certificate in E-Commerce offers individuals the opportunity to delve into the rapidly expanding world of online retail. With the continuous growth of e-commerce companies and the increasing number of online stores, there is a growing demand for professionals skilled in e-commerce operations. Candidates undertaking this certificate course gain insights into the fundamental concepts of running an eCommerce business, preparing them for rewarding careers in the industry.

Professionals completing this job-oriented course, particularly commerce graduates, can expect competitive salaries ranging from INR 5 LPA to 8 LPA. This certification opens doors to a variety of job profiles in the e-commerce sector, including roles such as E-Business Consultant, Customer Relations Manager, Business Analyst, Supply Chain Manager, Project Manager, and Database Administrator.

As the e-commerce industry continues to thrive, the demand for skilled professionals in this field remains high. Obtaining a Certificate in E-Commerce not only equips individuals with the necessary knowledge and skills to excel in online retail but also offers lucrative career prospects and opportunities for professional growth.

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Certificate in Financial Modelling

In recent years, financial modeling has emerged as a prominent area of focus, with companies increasingly seeking graduates who can assist in developing various financial models. For individuals interested in pursuing a career in finance, there are numerous short-term courses available in financial modeling within the realm of Commerce.

These courses vary in their focus areas, covering topics such as the money market, capital, derivatives, and more. Regardless of the specific focus, completing a certification program in financial modeling can significantly enhance one’s job prospects in the finance industry.

One of the distinguishing features of financial modeling courses is that they do not require any previous coding experience, making them accessible to a wide range of individuals. This aspect alleviates concerns about needing to learn a coding language beforehand, allowing candidates to focus on mastering financial modeling concepts and techniques.

Eligibility for certification programs in Financial Modeling typically includes having completed 10+2 or graduation from a reputable institute. Upon completion of the course, graduates can explore various job opportunities in the finance sector, including roles such as Investment Banking Analyst or Associate, Equity Research Analyst, Financial Analyst, Manager, or Director, Stock Market & Personal Finance Advisor, Credit Analyst, and Corporate Finance professional.

By investing in a certification program in financial modeling, individuals not only enhance their skills and knowledge in finance but also increase their employability and prospects for career advancement in the dynamic field of finance.

Certificate in Office Management

For many B.Com students, pursuing a career in the administrative sector holds considerable appeal. Therefore, the next short-term course in Commerce on our list is certification in Office Management. This course caters to individuals aspiring to work in administrative roles, providing them with essential skills and knowledge to excel in office environments.

A certification in Office Management facilitates a smoother transition into administrative roles by offering insights into basic office procedures and practices. Additionally, the course helps improve proficiency in MS Excel, a fundamental tool in office management positions. However, it’s important to note that while this certification enhances employability in administrative roles, it may not offer significant value for those with entrepreneurial aspirations.

Typically spanning a few months, the duration of a certification program in Office Management allows individuals to quickly acquire the necessary skills and knowledge for entry-level administrative positions. Eligibility criteria usually include having completed Class 10th or 12th from a recognized board.

Upon completion of the course, graduates can explore various job opportunities in the administrative sector, including roles such as Marketing Assistant, Office Manager, Front Office Executive, HR Assistant, Statutory Compliance Officer, and Time Office Manager. These roles encompass a wide range of responsibilities, from managing day-to-day office operations to ensuring compliance with labor laws and regulations.

By undertaking a certification program in Office Management, individuals can kickstart their careers in the administrative field and pave the way for further growth and advancement in the corporate world.

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Certificate in Rural Development

Among the array of short-term courses in Commerce, certification in Rural Development stands out as a unique opportunity for individuals interested in understanding and engaging with rural markets. With many organizations focusing on expanding their reach into rural areas, there is a growing demand for professionals equipped with insights into the rural sector.

Ideal for those passionate about rural marketing or market development, a certification in Rural Development offers valuable insights and skills necessary to thrive in this domain. This course not only opens doors to opportunities with FMCG companies operating in India but also presents the possibility of embarking on a fulfilling career that involves traveling to rural locations, fulfilling the dreams of many aspiring professionals.

Typically spanning from 6 months to one year, the duration of a certification program in Rural Development allows individuals to delve deep into the intricacies of rural markets and development strategies. Eligibility criteria vary but may include having completed 10+2 in any stream or possessing a degree in Arts, Science, or Commerce, along with relevant work experience.

Upon completion of the course, graduates can explore a range of job opportunities in the field of rural development, including roles such as Research Officer, Rural Executive, Rural Manager, Senior Program Officer, Trainer, Researcher, Consultant, Project Coordinator, and Rural Minister. These roles involve working closely with rural communities, implementing development projects, and driving positive change in rural areas.

By undertaking a certification program in Rural Development, individuals not only gain valuable knowledge and skills but also contribute to the sustainable development of rural communities and empower themselves to pursue meaningful and rewarding careers in this dynamic field.

Full-Time Courses for Commerce Students

Full-time classes require students to be present at the college at all times and to devote a certain amount of time to their studies. Despite the fact that these classes offer students the chance to gain experience and make connections with other people, many students struggle to afford them or to devote the amount of time that is necessary for them to complete. It goes without saying that a full-time course cannot be pursued in conjunction with a job or other commitments; however, it is important to take into consideration whether or not students have the freedom to take them. After they graduate, students who major in commerce have the opportunity to pursue the following full-time courses:

Chartered Financial Analyst (CFA)

A professional certification for Financial Analysis is known as the Chartered Financial Analyst (CFA) designation. Nearly every nation acknowledges a Chartered Financial Analyst degree, which is widely regarded as the most prestigious degree in the field of finance. The CFA examination is broken up into three different levels. In order to obtain this degree, prospective students are required to have a minimum of four years of relevant work experience. In India, the average annual base salary for a Certified Financial Analyst (CFA) is INR 683,057. Without a doubt, this industry has a tremendous amount of potential in the years to come. Consider enrolling in our Chartered Financial Analyst Program if you are interested in getting your journey off to a good start.

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Financial Risk Management (FRM)

Those who are interested in measuring the various types of risk that are associated with the markets should go with FRM as their method of choice. As a result of the course’s recognition in ninety countries, it is widely regarded as the standard degree for risk management.

As part of their job, Financial Risk Managers are responsible for identifying the risks that are associated with the financial markets, taking into account a variety of global trends, and coming up with a strategy to mitigate these risks. Assessing and managing risks in the areas of operations, markets, credit, and investments is a skill that candidates acquire.

In order to successfully complete this course, candidates must first demonstrate that they have at least two years of experience working in FRM and then pass two stages of examinations. Graduates of the FRM program have the potential to earn a salary of 9 lakhs of rupees per annum. Following is a list of the various career paths that are open to graduates of FRM:

Master of Business Administration (MBA) In Finance

There is a full-fledged postgraduate course that is the MBA degree, which is widely pursued. The purpose of this course is to provide students with an understanding of the operations of businesses, the challenges that are faced by management, and the solutions to these challenges. There is a wide range of possible starting salaries for MBA graduates, ranging from INR 3 to INR 12 per month.

A candidate must take the Common Aptitude Test (CAT) in order to be considered for a Master of Business Administration degree. A number of highly regarded educational institutions, in addition to this standard examination, also administer their own entrance examinations.

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Chartered Accountancy (CA)

CA, also known as the “IIT of Commerce,” is the most time-consuming and labor-intensive course that requires significant dedication and effort. There are three different levels of certification exams. Candidates are required to finish articleship training after they have successfully completed the first two levels of the examination process. Following this, they are eligible to take the final examination. The process of becoming a certified public accountant can take at least four and a half years. Because of this, the majority of candidates take the entrance exam immediately after completing their 12th grade education and concurrently pursue a career in accounting. INR 8-10 lpa is the typical salary range for a certified public accountant in India.

ACCA

The acronym ACCA refers to the Association of Chartered Certified Accountants, which is widely recognized as one of the most prestigious accountancy qualifications in the world, particularly for students and aspiring finance professionals. In order for students to be eligible to register for the ACCA qualification, they must have passed their 10+2 examinations with a cumulative score of 65% in Mathematics/Accounts and English, and they must have received a minimum of 50% in all other subjects. Accounting, Financial Reporting, Auditing, Taxation, Business Finance, and Financial Management are some of the topics that are covered in the ACCA course. Chartered Accountancy is a more comprehensive field of study. Within the ACCA Syllabus, there are a total of thirteen examinations that a candidate is required to take. Knowledge, Skill, and Professional are the three categories that make up the thirteen examinations. An ACCA professional can earn up to 12 LPA on average, according to the average salary.

Why are online, short-term courses in Commerce becoming so popular?

Enrolling in short-term online courses offers numerous advantages, regardless of your age or current career stage. With the convenience of learning from home and the flexibility to set your own pace, these courses empower individuals to acquire new skills and knowledge on their terms. The fast and effective nature of short-term courses enables quick mastery of in-demand skills, ensuring that you stay competitive in the job market without breaking the bank.

Moreover, short-term courses provide an opportunity for individuals to double up on their learning, whether they are students looking to supplement their education or working professionals seeking to enhance their skills while balancing their work-life responsibilities. These courses not only offer immediate benefits in terms of skill acquisition but also provide long-term advantages by enhancing one’s employability and fostering personal development.

By completing job-oriented short-term courses, individuals gain access to high-paying job opportunities and unlock doors to new career paths and industries. Hands-on experience gained through live projects and the support of experienced mentors further enriches the learning process, allowing individuals to test their knowledge and refine their skills in real-world scenarios. Ultimately, investing in short-term courses opens up a world of opportunities, enabling individuals to broaden their horizons, pursue their passions, and achieve their career aspirations with confidence.

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Conclusion 

In conclusion, navigating the competitive landscape of today’s job market requires a proactive approach to skill development and career advancement. Short-term courses in Commerce offer a pathway to acquiring specialized knowledge and practical skills that are highly valued by employers across industries. Whether aspiring to excel in finance, banking, taxation, or management, these courses provide a stepping stone towards fulfilling career opportunities.

Among the myriad of options available, Entri’s Practical Accounting Course stands out as a comprehensive program designed to equip individuals with the practical skills needed to succeed in accounting roles. Through hands-on learning experiences and expert guidance, participants gain proficiency in essential accounting practices, financial analysis, and reporting techniques. This course not only enhances employability but also fosters confidence and competence in navigating the complexities of the accounting profession.

As the job market continues to evolve, investing in short-term courses like Entri’s Practical Accounting Course offers a strategic advantage in securing lucrative career opportunities and achieving long-term success. By staying proactive and continuously enhancing one’s skill set, individuals can position themselves for growth and advancement in today’s dynamic business landscape.

FAQs

What are short-term courses in Commerce?

A: Short-term courses in Commerce are specialized training programs that focus on developing specific skills related to fields like finance, banking, taxation, accounting, and more. They typically last for a shorter duration compared to traditional academic programs and are designed to provide practical, job-oriented skills to students and working professionals.

Q: What are the benefits of pursuing short-term courses in Commerce?

A: Short-term courses in Commerce offer several benefits, including:

Quick acquisition of in-demand skills
Enhanced employability
Flexibility to study alongside other commitments
Practical knowledge relevant to various industries
Cost-effectiveness compared to traditional academic programs

Q: Which short-term courses are popular among Commerce graduates?

A: Some popular short-term courses for Commerce graduates include Financial Modelling, Banking & Financial Services, GST Certification, Office Management, Rural Development, and more.

Q: Can short-term courses in Commerce be pursued while working full-time?

A: Yes, many short-term courses in Commerce offer flexible study options, including online learning and part-time study modes, to accommodate individuals who are working full-time.

Q: What are the eligibility criteria for enrolling in short-term courses in Commerce?

A: The eligibility criteria vary depending on the specific course and institution. However, common requirements may include educational qualifications such as completion of high school or graduation from a recognized institution.

Q: What is Entri’s Practical Accounting Course?

A: Entri’s Practical Accounting Course is a specialized training program focusing on practical accounting skills. It offers hands-on experience and real-world applications, preparing students for specific roles in the accounting industry.

Q: What career opportunities are available after completing short-term courses in Finance or Banking?

A: After completing short-term courses in Finance or Banking, individuals can pursue career opportunities such as Bank Manager, Financial Analyst, Investment Banker, Equity Analyst, Credit Analyst, and more.

Q: Are there financial aid options available for short-term courses in Commerce?

A: Yes, various financial aid options are available, including scholarships, grants, installment payment plans, and student loans, to help individuals cover the cost of short-term courses in Commerce.

Q: How do short-term courses in Commerce help individuals in the job market?

A: Short-term courses in Commerce help individuals stay competitive in the job market by equipping them with relevant skills and practical knowledge demanded by employers. They provide a pathway for career advancement and professional development.

Q: What factors should be considered when choosing a short-term course in Commerce?

A: When choosing a short-term course in Commerce, factors to consider include the course curriculum, faculty expertise, accreditation, job placement assistance, flexibility of study options, and cost-effectiveness. It’s essential to align the course with your career goals and aspirations for maximum benefit.

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