Career Option	Educational Requirement	Average Starting Salary
Actuary	Class 12 followed by ACET(Actuarial Common Entrance Test)	Rs 5-7 LPA
Chartered Accountant	Class 12 or equivalent, followed by CA Foundation Course, Intermediate Course, Articleship, and CA Final	Rs 6-8 LPA
Company Secretary	Class 12 or equivalent followed by three stages in the CS Course: Foundation Program Executive Program Professional Program Candidates must have passed the CSEET (CS Executive Entrance Test) for registration to the CS Executive Programme.	Rs 4-5 LPA
Economist	Bachelors in Economics/ BBA/ B. com or any other relevant subject.  Master’s in Economics/ MBA in Business Economics	Rs 5-7 LPA
Management Professional	BBA/ B. Com/ BMS/ BBE/ BBS or graduation in any relevant stream.  MBA/ PGDM in relevant specialization (HR/ Marketing/ Finance/ Advertising, etc)	Rs 6-7 LPA
Lawyer	BA LLB/ BBA LLB/ B. com LLB	Rs 7-8 LPA

1. Actuary: Roles and Responsibilities

Opting for a career as an Actuary emerges as one of the newest and most promising pathways in Commerce with Mathematics. Actuarial Science centers on insurance, investment, taxation, and related commercial domains. An actuary serves as a professional responsible for analyzing financial risks for companies, predominantly within the insurance sector.

The primary role of an Actuary entails analyzing and aiding companies in minimizing risk while maximizing profits. Prospective Actuaries should possess a profound interest in Mathematics. Actuaries can find employment opportunities in various sectors such as Life insurance, Investments, health insurance, General insurance, Pension funds, Risk management, Consultants, Government, and others.

Eligibility Criteria

• Completion of Class 12 or its equivalent with English as one of the subjects.
• Entrance Exam: Actuarial Common Entrance Test (ACET) administered by the Institute of Actuaries of India (IAI), Mumbai. The exam duration is 3 hours, comprising 70 multiple-choice questions (MCQs).
• Upon clearing ACET, candidates must pass a series of 15 papers to attain a Fellowship in Actuary.
• These papers are conducted in four stages: Core Principle stage, Core Practice stage, Specialist Principles stage, and Specialist Advanced stage.

Salary: Fresh graduates can anticipate a starting salary ranging from Rs 5-7 Lakhs per year, with opportunities for gradual advancement.

2. Chartered Accountant: Roles and responsibilities

Chartered Accountancy is certainly one of the most popular commerce with maths career options. Chartered Accountants operate in areas of business and finance, such as auditing, taxation, financial management, and general management. They may work in a variety of private or government companies or even set up their practice.

Salary: A fresher CA typically earns around Rs 6-8 lakhs per annum to start, with the potential for salary increases with experience.

Eligibility Criteria

• Enroll in the CA Foundation course after completing the class 10th examination.
• Appear for the CA Foundation examination following completion of the Senior Secondary Examination (10+2).
• Upon passing class 12th and the foundation course, proceed to register for the Intermediate course level.
• Take the Intermediate course exam.

OR

• Complete a 4-week ICITSS (Integrated Course on Information Technology and Soft Skills) before commencing practical training.
• Enroll in 3 years of Practical Training (PT).
• Register for the CA Final Course upon passing both groups of the intermediate level.
• Successfully finish a 4-week advanced ICITSS during the final 2 years of PT.
• Complete practical training. Qualify for exams and become a member of ICAI.

Know More About: Chartered Accountant

3. Company Secretary: Roles and responsibilities

The Company Secretary is a professional course offered by The Institute of Company Secretaries of India (ICSI). A Company Secretary’s primary responsibility is to effectively manage the administration of a firm, which includes ensuring the company’s legal systems are properly established. Company Secretaries can secure employment opportunities in various corporate settings, or they may opt to practice independently. CS remains one of the evergreen career options after 12th commerce with mathematics.

Salary: The average starting salary for a Company Secretary may range between Rs 4-5 lakhs per annum.

Educational Requirements:

• Completion of Class 12 or its equivalent.
• Students need to register with the ICSI and undergo three stages to become a CS: the Foundation Programme, Executive Programme, and Professional Programme.
• Note: The ICSI has replaced the Foundation Programme with the CSEET (Company Secretary Executive Entrance Test). Candidates must pass the CSEET for registration to the CS Executive Programme.
• Candidates who have completed their Class 12 examinations and hold a graduate or postgraduate degree are eligible for CSEET.
• To apply for the CS Professional Programme, candidates must have passed the CS Executive Programme.

Know More About: Company Secretary

4. Economist: Roles and responsibilities

An Economist conducts economic research and analysis and provides economic advice to governments, businesses, and individuals. They create reports and graphs using various software such as spreadsheets, statistical analysis, and database management to forecast market trends.

After gaining sufficient experience, an Economist may work with various government and private banks, including institutions like RBI and the World Bank. For students interested in Maths and Finance, pursuing a career as an Economist can be one of the promising career options in commerce with maths.

Educational Requirement:

• A Graduation in Economics or Commerce, followed by a Master’s in Economics or an MBA in Business Economics, is required to become an Economist.

Salary: The average starting salary of an Economist may range between Rs 5-7 lakhs per annum, with the potential for gradual increases.

5. Management Professional: Roles and responsibilities

A management professional is an individual tasked with the primary responsibility of planning, organizing, controlling, and coordinating various activities within an organization. Effective communication skills are essential for this role. Aspirants have the option to specialize in various fields such as Marketing, Human Resources, Finance, International Business, Advertising, and more.

Educational Requirements:

• Given the high demand for management professionals worldwide, this field presents one of the lucrative career options after pursuing commerce with mathematics.
• Candidates need to clear entrance exams such as DUET, CUCET, IPU, CET, SET, and JIPMAT to qualify for admission to some of the top universities in India.
• Completion of a Bachelor’s degree in Business Administration (BBA), Management Studies (BMS), or Commerce (B.COM) is necessary.
• Subsequently, candidates can pursue a PG Diploma in Management or a Master of Business Administration (MBA) with specializations in areas such as HR, Marketing, Finance, Advertising, and others.

Salary: The average starting salary for a management professional is Rs 6-7 lakhs per annum, with potential for gradual increases.

6. Lawyer: Roles and responsibilities

Lawyers meticulously advise clients on their legal rights and recommend courses of action. This is indeed one of the most in-demand commerce with maths career options. They provide legal advice and guidance, draft legal documents about divorces, wills, contracts, and real estate transactions, and prosecute or defend in court are some of the duties often associated with a lawyer.

Law offers a plethora of specializations for students to explore, from International Law, Cyber Law, Litigation, and Corporate Law, to Intellectual Law, at top universities in India.

Educational Requirements:

• Completion of Class 12 or its equivalent.
• Appear for entrance exams like CLAT, LSAT, AILET, and others.
• Pursue a Bachelor’s in Law (B.A. LLB/BBA LLB/B.COM LLB), a 5-year program.
• Subsequently, pursue a Masters in Law (LLM).

Salary: The average starting salary for a Lawyer is Rs 7-8 lakhs per annum. It varies depending on the field of specialization and experience.

Best Courses to Take in Commerce with Maths Stream

After 10+2 commerce with maths, students have many graduate program alternatives. Commerce students with a bachelor’s degree can pursue a master’s. Diploma programs focused on finding work are another option for graduates.

1. Bachelor of Commerce

Traditional Bachelor of Commerce degrees require three years. Bachelor of Commerce degrees might be with or without honors—the basic B.Com. The course is different from the B.Com. The honors program lets you focus on a variety of areas, such as:

• Accounting and taxation,
• Computerised accounting
• Economic administration and financial management,
• Finance and investment analysis
• International finance,
• Management accounting,
• Statistics

Also Explore: 

• Best Courses to Choose After B.Com
• Top DU Colleges 2024

2. Bachelor of Business Administration (BBA)

Bachelor of Business Administration degrees are fantastic for business and entrepreneurship students. This intensive three-year degree teaches management and business. You can earn a BBA, MBA, or M. Tech. after high school.

3. Bachelor of Law (BA LLB or B.Com. LLB)

Degrees in BA LLB or B.Com. LLBs are also available to those majoring in commerce. Both offer a Bachelor of Laws degree, but there is a significant distinction between them, in contrast to the BA LLB, which combines the study of law with the arts, the B.Com. LLB curriculum also covers business topics. Students can enroll in This five-year integrated program once they finish high school.

4. Bachelor of Economics

A Bachelor of Science in economics is ideal for business majors interested in economic theory, statistics, and case studies. This program has tremendous potential in India and beyond, lasting three years. Postgraduate degrees are also an option for B.E. graduates.

5. Bachelor of Financial Market (BFM)

If you’re a maths major in commerce, a Bachelor of Financial Markets is a great degree to pursue. The three- or four-year professional degree program covers risk management, analytics, financial modeling, and markets. Students can pursue graduate degrees in BBI, CFA, and BFA.

Conclusion

After reviewing these career options in Commerce with Mathematics, it becomes evident that there is now extensive scope within this field. The stream is no longer confined to just a handful of career options. However, before selecting a career path, students should carefully assess their aptitude and interest in the respective field.

Moreover, it is crucial to gain awareness about the top career options available after completing 12th Commerce with Mathematics. This ensures that students are equipped to make informed decisions regarding their career paths.

Career Options in Commerce with Maths – FAQs

Which course is best for commerce with maths?

Some of the best courses for Commerce with Maths are:

• Bachelor of Commerce (B.Com) in Accounting and Finance
• Bachelor of Science (B.Sc) in Economics
• Bachelor of Business Administration (BBA) in Finance
• Chartered Accountancy (CA)

Which Job pays the highest in Commerce with Maths?

Some of the jobs that pays the highest in Commerce with Maths stream are:

• Investment Banker
• Actuary
• Chartered Accountant
• Data Scientist
• Financial Analyst

Is commerce full of maths?

Commerce contains mathematical concepts to a significant extent, especially in areas like accounting, finance, and economics, where quantitative analysis is essential.

Can we do CA without maths?

A great thing about this career choice is that you don’t need to study maths in the 12th standard to pursue it. As maths isn’t imperative for CA, it’s an excellent option for commerce students who didn’t pick maths. To become a Chartered Accountant, you must pass a three-tier exam.

What is the scope of commerce with maths?

The scope of commerce with maths is limitless. Apart from the traditional courses, you are eligible to apply to the top colleges/universities for courses like BBA/BMS, BFI, BBI etc.

What to do after 12th commerce with maths?

After 12th commerce with maths candidates need to write the entrance exam to opt for a bachelor’s degree and then a post-bachelor degree.

What can we become after taking commerce with maths?

Candidates after taking commerce with maths are eligible to opt for bachelor’s and post-bachelor’s degrees and can opt for great careers such as actuary, chartered accountant, lawyer, CS, Economist, and others.