If you want to pursue a flourishing career in the field of commerce after class 12th, you can learn more about the Entrance Exams After 12th in this blog. What a student and his family should do next is one of their top concerns after finishing high school. Although Google and YouTube offer a wealth of information, by expanding your career options, they actually serve to confuse you more than to help. People used to believe that the only career options available after class 12 were in the field of science, but in today’s world, there are career options available in every field you can imagine, with commerce being one of them. Entrance Exam After 12th Commerce
AFTER 12TH GRADE COMMERCE, ENTRANCE EXAMS
The list of the top entrance exams following class 12 in commerce is provided below:
| 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 |
Let’s now discuss each of these entrance exams in more detail.
CA( Chartered Accountant)
When discussing the field of commerce, the profession of CA (Chartered Accountant) cannot be overlooked.
The organization that oversees the CA exams in India is the Institute of Chartered Accountants of India (ICAI).
You must enroll in the CA course that the ICAI offers if you want to become a CA.
Typically, it takes 4-6 years for someone to become a CA.
An individual can make between 5,000 and 20,000 lacks a year on average.
You should think about becoming a CA if you are interested in accounting and related fields.
ACCA( Association of Chartered Certified Accountants)
ACCA is a good option if you want to become a chartered accountant because it offers CA certification in roughly 98 different countries.
The only drawback to ACCA is that it does not grant signing authority in India, but it does allow you to work for multinational corporations.
You can give papers at your convenience with ACCA, which also relieves some of the pressure CA students experience. For more details, visit the organization’s official website.
After completing ACCA, packages are almost identical to those you would receive after completing CA; however, your chances of earning more money working outside of India are higher.
Exam for Executive Company Secretary (CSEET)
The Institute of Company Secretary of India (ICSI) is the regulatory and maintaining body for the profession of a company secretary, which is another excellent career choice after class twelve.
One of the most important positions in a company is the CS.
A licensed company secretary manages the legal facets of a company’s or an individual’s business.
You must pass tests and receive professional training in order to be able to practice company secretaryship in a professional capacity.
Average salaries for CSS are the same as those for CAs.
NMIMS-NPAT
The entrance exam for admission to the Narsee Monjee Institute of Management Studies is called NMIMS-NPAT (NMIMS).
B.Sc. in Economics and Finance, B.Com (Hons. ), and BBA admissions require it.
The placement of the colleges is excellent and offers students a focused environment.
CFA
CFA is another excellent choice that grants you the title of Chartered Financial Analyst, which is recognized all over the world.
Professionals in the field of commerce frequently choose it. The CFA course is governed by the CFA Institute.
Candidates must pass three levels of exams to complete the course, which include evaluations of the candidates based on their knowledge of accounting, economics, business ethics, money management, and security analysis.
Candidates can become financial analysts after passing all three levels.
CUET
Except for a few select courses like BMS, BBAFIA, BBE, etc., admissions to DU were previously granted to students based solely on merit.
You must take the CUET in order to be admitted to Delhi University today.
Obtaining admission to a university is among the most secure and popular choices made by students after passing the 12th grade. For those interested in earning a bachelor’s degree in Delhi, Delhi University is one of the best institutions to attend.
IPMAT
Students who want to enroll in an integrated program at IIM after 12th grade must take the IPMAT entrance exam.
Students receive both BBA and MBA degrees after completing the 5-year program, which also spares them from taking the CAT exam after graduation.
Since IIMs have the highest brand value of any MBA program in India, their prospects can be taken at face value.
FRM(Financial Risk Management)
It is a credential that is widely recognized among professionals in the finance market.
Global Association of Risk Professionals, which awards this certification (GARP).
After passing the FRM course, an average salary of INR 5 to 10 lacs can be anticipated (Financial Risk Management).
CMA
The cost and management accountant abbreviation is CMA.
The Institute of Management Accountants awards certification for this course.
It equips the person for a variety of positions in strategic management and financial accounting.
You can earn a certification in management and cost accounting by taking this course.
An individual will find employment as a cost or management accountant after completing CMA.