Details in relation to opportunities in Commerce stream. Various diploma courses, Graduation & Post Graduation. Basic Information abour CA/CS/CWA Courses.

1. Opportunities in
Commerce

2. There is only one thing
which can unite different
people or countries
and it is
“Commerce”

3. Various Subjects in Commerce

4. Main Subjects
Accountancy
Economics
Commerce
Management
Mathematics
Business law
Cost accounting
Income tax
Auditing
Business finance
Marketing
Banking &
Insurance

5. Other Subjects
Entrepreneurship
Information Technology
Business Regulatory
Framework
Company Laws
Company Accounting
Business
Communications
Business Environment
Management Accounting
Statistics
Human Resource

6. Various Courses in Commerce

7. List “C” Courses- Certificate & Diploma
Banking
Insurance
Marketing
Law
Taxation
Finance
Other

8. List “B” Courses- Graduation & Post Graduation
B. Com
B.B.A.
B.C.A.
L.L.B.
M. Com.
M.C.A.
M.B.A.
L.L.M.

9. List “A” Courses- Professional Courses
CA (Chartered Accountant)
CS (Company Secretary)
CMA (Cost & Management Accountant)
CPA (Certified Public Accountant)
CIMA (Chartered Institute of
Management Accountants)
Dip. IFRS (Diploma in International
Financial Reporting Standards)

10. Chartered Accountancy Course

11. The Institute of Chartered Accountants of India (ICAI)
It is a statutory body established under the
Chartered Accountants Act, 1949 (Act No. 38 of 1949)
for the regulation of the profession of Chartered
Accountancy in India. During its more than sixty years
of existence, the Institute has achieved recognition as a
premier accounting body in India for its contribution in
the fields of education, professional development,
maintenance of high accounting, auditing and ethical
standards. The ICAI now is the second largest
accounting body in the whole world.

12. The Institute of Chartered Accountants of India (ICAI)
Status
Statutory Body Corporate
responsible
to regulate
Chartered Accountancy Profession in India.
Membership >2,00,000
Students >10,20,000
Member's Designations ACA & FCA

13. The Institute of Chartered Accountants of India (ICAI)
Head office New Delhi
Branches 118 Indian Branches and
12 Overseas Chapters
CAs are “Partner in Nation Building"

14. The Institute of Chartered Accountants of India (ICAI)
Role played by a Chartered Accountant
1) A dream career in the specialized areas of Accounting, Auditing,
Corporate Finance, Corporate Laws, Taxation.
2) Highly demanded professionals in industry.
3) Chartered Accountants are statutorily recognized audit practitioners.
4) Highly demanded and sought-after professionals in the practice of
Income-
tax, Service-tax and other indirect tax areas.
5) Technically equipped to act as management consultants.
6) Various other opportunities available- Government departments,
Co-operative sector, Not-for-profit organization (NPO),
University/research bodies, Public sector, Private sector, Global
organizations, Large Accounting firms and consulting services etc.
7) Independent Professional Practices
8) Management Consultancy Services

15. The Institute of Chartered Accountants of India (ICAI)
Areas of expertise include –
financial reporting,
auditing and assurance,
arbitration,
risk management,
economics,
corporate finance,
management accounting,
information systems audit,
corporate law,
direct tax,
indirect tax
valuation of businesses etc.

16. The Institute of Chartered Accountants of India (ICAI)

17. Company Secretary Course

18. The Institute of Company Secretaries of India (ICSI)
CS- Company Secretary
The Institute of Company Secretaries of
India, is the premier professional body to develop
and regulate the profession of Company Secretaries
in India. It was set up by an Act of Parliament in
1980. The profession has its origins in England.

19. The Institute of Company Secretaries of India (ICSI)
Statutory Monopoly and Role of Company Secretary
In India every company having a paid up share capital of Rs. 5
crores or more are required to appoint a qualified person as Company
Secretary. A qualified Company Secretary should be a member of Institute
of Company Secretaries of India headquartered in New Delhi. A company
having not less than Rs. 10 lacs paid up capital and not required to appoint a
full time company Secretary should file with Registrar of Companies, a
compliance certificate signed by a practicing Company Secretary.
Section 383A of the Companies Act, 1956 provides for the
mandatory appointment of a whole time secretary where the paid up capital
of the Company exceeds Rs. 5 crores. In case where the capital is less than
Rs. 5 crores, the company is required to obtain a secretarial compliance
certificate and attach the same to the Directors' Report and file it with the
Registrar of Companies.
Part 1

20. The Institute of Company Secretaries of India (ICSI)
Statutory Monopoly and Role of Company Secretary
Statutory declarations of compliance under various other provisions of the
Companies Act, 1956 are also to be certified by practicing company secretaries.
Under the MCA 21 e filing regime several forms (including some, exclusively) are
required to be pre-certified by practicing company secretaries.
In the case of companies listed on recognized stock exchanges, the annual returns
are to be signed by a practicing company secretary.
Further, the Securities and Exchange Board of India (SEBI) also recognizes the
Company Secretary as the Compliance Officer and the practicing company
secretary to issue various certificates under its Regulations. Further, the practising
Company Secretaries are also authorised to certify compliance of conditions of
corporate governance in case of listed companies.
The Reserve Bank of India also authorises company secretaries to issue various
certificates.
Part 2

21. The Institute of Company Secretaries of India (ICSI)

22. The Institute of Company Secretaries of India (ICSI)
Status
Statutory Body Corporate
responsible
to regulate
Company Secretary Profession in India.
Membership > 70000
Students >450000
Member's Designations ACS &
FCS
Head office New Delhi

23. The Institute of Company Secretaries of India (ICSI)
Course Structure
CS- Foundation / Optional
CS- Executive Programme
CS- Professional Programme

24. Cost & Management Accountant
Course

25. Institute of Cost Accountants of India (CMA)
CWA- Cost and Works Accountant
The Institute of Cost Accountants of India (erstwhile The
Institute of Cost and Works Accountants of India) is a statutory
Professional body established on May 28,1959 under the Cost and
Works Accountants Act, 1959 enacted by the Parliament of India to
regulate the profession of Cost and Management Accountancy in
India. The ICWAI is a Founder Member of International Federation of
Accountants (IFAC), Confederation of Asian and Pacific
Accountants(CAPA), South Asian Federation of Accountants(SAFA).
The main office is situated in Kolkata, and operates through four
regional councils (Kolkata, Chennai, Delhi and Mumbai), and a
number of chapters elsewhere in India and abroad.

26. Institute of Cost Accountants of India (CMA)
Status
Statutory Body Corporate
responsible
to regulate
Cost & Management Accountancy Profession in
India.
Membership > 69000
Students >550000
Member's Designations AICWA &
FICWA
Head office Kolkata

27. Institute of Cost Accountants of India (CMA)
Role of Cost and Works Accountants
* Cost Audit u/s 233B of Companies Act, 1956.
* Valuation Audit u/s 14A of Central Excise Act, 1944.
* CENVAT Audit u/s 14AA of Central Excise Act, 1944.
* Special Audit under Customs Act, 1962.
* Tax Consultancy
* Project Management Consultancy
* Business Valuation
* Internal Auditor for Stock Brokers, Trading Members, etc.
* Management Consultancy Services

28. Institute of Cost Accountants of India (CMA)
Course Structure
CWA- Foundation / Optional
CWA- Intermediate Course
CA- Final Course

29. Career Opportunities in Commerce
Stream

30. Traditional Job Opportunities
Accountant
Manager
Officer
Executive
Secretary
Clerk
Consultant
Operator

31. New Improved Opportunities
Chartered Accountant
Company Secretary
Cost & Management Accountant
Certified Accountant
General Manager
Chief Executive Officer
Chief Financial Officer
Manager

32. New Improved Opportunities
Business Consultant
Financial Planner
Portfolio Manager
Finance Analyst
Finance Controller
Stock Broker
Specialist Officer

33. Job Opportunities w.r.t. Various Organisations
Banks
Bank Exams
Manager
Chief Accountant
Clerks
Relationship Manager
Sales Executive
Specialised Officers

34. Job Opportunities w.r.t. Various Organisations
Insurance
Insurance Exams
Manager
Officer
Clerks
Actuaries
Specialised Officers

35. Job Opportunities w.r.t. Various Organisations
Central Government
Income Tax & Other Revenue
Office
C & AG
UPSC/ SSC
Ministries such as- CBI / RBI /
DGFT / MOFPI / MCI / Finance /
MCA / MSME etc.

36. Job Opportunities w.r.t. Various Organisations
State Government
Sales Tax & Other Revenue Office
C & AG (State)
Various Ministries of State Govt.
MPSC/ STI/ Govt Exams

37. Job Opportunities w.r.t. Various Organisations
Public & Private Companies
CEO / CFO / CA / CS / CWA / MBA
Auditor
Manager
Accountant
Executive
Officer

38. Other Job Opportunities
BPO / KPO / MNCs
Teacher
Data Entry Operators
Operational Manager
Marketing Professional
Finance Executive
Relationship Manager
Sales Executive

39. Opportunities in Law
Constitutional Laws
Property Laws
Banking Laws
Environmental Laws
Company Laws
Consumer Protection Laws
Family Laws
Labour and Industrial Laws
Human Rights laws
Administrative Laws
Public International Laws

40. Opportunities in Economics
Agricultural Economics
Macro Economics
Principles of Economics
Indian Economics
Macro Economics
Industrial Economics
Banking Economics
Public Finance
International Trade
Regional Economics

41. Self Employment / Independent
Independent Practice as CA/CS/CMA
Business & Management Consultant
Tax Consultant
Finance & Project Consultant
Finance Planner
Share Broker
Marketing Consultant
Valuer / Actuaries
Businessman / Entrepreneur

42. “Education is an
ornament in
prosperity and a
refuge in adversity”-
Aristotle.