Is your child looking for a commerce career that gives them the freedom to grow; or one which pays really well? As a parent, you would always want them to thrive with high paying commerce careers, which also provide ample opportunities to learn –  isn’t it?

We have compiled some of the best careers in commerce that can help your child realise their desired goals. These job profiles open the doors to exciting work, which is lucrative as well! 

Here are the most promising, and some of the highest paying jobs for commerce students in India.

1. Fund Managers

These professionals manage and invest the collected funds of a mutual fund, pension fund, or an investment scheme. They generate returns on the investments based on the purpose of the fund. This role promises some of the highest paying jobs for commerce students.

PAY RANGE 

Entry-level pay             INR 5 lakhs per year

Mid-level pay               INR 12 lakhs per year

Senior-level pay          INR 25 lakhs per year

Average pay                  INR 15 lakhs per year

Top-end salary            INR 6 crores per year

CAREER GROWTH

The entry-level roles are as analysts and assist the main fund managers. With experience and work performance, one can become the CEO or CIO of these fund houses or investment schemes.

2. Chartered Accountants

Chartered accountants (CA) specialise in accountancy, compliance, audit, and taxation. They can choose to practice; or provide professional services to businesses. CA professionals are always in demand – making it one of the best careers in commerce to choose from. 

PAY RANGE

Entry-level pay            INR 5 lakhs per year

Mid-level pay                INR 15 lakhs per year

Senior-level pay          INR 18 lakhs per year 

Average pay                   INR 7.5 lakhs per year

Top-end salary             INR 40 lakhs per year

CAREER GROWTH

A CA can fit into any important accountancy or financial role in the organisation. They can head an organisation as its CEO or Chairman as well.

3. Portfolio Managers

Portfolio managers work with the risk profile of the client, to invest their money, and help generate returns on it. It is one of the high salary jobs in commerce stream.

PAY RANGE

Entry level pay            INR 4.5 lakhs per year

Mid-level pay               INR 10 lakhs per year

Senior level pay          INR 18 lakhs per year 

Average pay                 INR 5 lakhs per year

Top-end salary           INR 25 lakhs per year

CAREER GROWTH

A junior analyst usually takes on senior analyst roles in the first few years of the career. Research head, portfolio manager, or investment head are the top positions to look out for in this field.

4. Investment Bankers:

Investment bankers service the corporates, institutions, or government. They help the latter raise money or invest it. Investment bankers often feature at the top of high salary jobs in commerce stream.

PAY RANGE

Entry-level pay            INR 4 lakhs per year

Mid-level pay                INR 8.5 lakhs per year

Senior-level pay          INR 20 lakhs per year

Average pay                  INR 10 lakhs per year

Top-end salary             INR 50 lakhs per year

CAREER GROWTH

An analyst or associate in investment banking can become a vice-president or head of the investment banking organisation in the future.

5. Personal Financial Advisor

A personal financial advisor (PFA) provides financial advice to individual clients. They advise how and where to invest their funds, and when to realise the profits. 

PAY RANGE

Entry-level pay            INR 2.5 lakhs per year

Mid-level pay                INR 7 lakhs per year

Senior-level pay          INR 12 lakhs per year

Average pay                   INR 4 lakhs per year

Top-end salary            INR 18 lakhs per year

CAREER GROWTH

A PFA can later become a wealth manager or the advisory head.

6. Actuary

The shortage of actuaries in India make it a highly coveted profession. The tough actuarial course is worth the growth and compensation it begets.

PAY RANGE

Entry-level pay             INR 3 lakhs per year

Mid-level pay                INR 15 lakhs per year

Senior-level pay          INR 35 lakhs per year

Average pay                   INR 20 lakhs per year

Top-end salary             INR 50 lakhs per year

CAREER GROWTH

It is a niche profession. It offers roles of actuarial analyst or statistician. With increased experience, one can become an actuarial risk manager or an actuarial consultant.

7. Cost Accountant/ Certified Management Accountant (CMA)

CMAs offer their professional services in organisations. They take care of controlling costs and devise strategies to streamline them.

PAY RANGE

Entry-level pay            INR 2.5 lakhs per year

Mid-level pay                INR 6 lakhs per year

Senior-level pay          INR 12 lakhs per year 

Average pay                   INR 5.5 lakhs per year

Top-end salary             INR 25 lakhs per year

CAREER GROWTH

They usually start with the role of a financial controller. They proceed to roles such as a finance director, chief financial officer, or a role in the chairman’s office.

8. Company Secretary

A company secretary takes care of the corporate governance, legal compliance, and regulatory compliance of an organisation. 

PAY RANGE

Entry-level pay             INR 4 lakhs per year

Mid-level pay               INR 8.5 lakhs per year

Senior-level pay          INR 20 lakhs per year

Average pay                   INR 6 lakhs per year

Top-end salary             INR 25 lakhs per year

CAREER GROWTH

They work with the board of directors regularly. Aspiring professionals can look at roles like a chief compliance officer or chief administrative officer.

9. Retail Manager

A career in retail management involves sales, customer service, people, and team management. This working field promises some of the best careers in commerce.

PAY RANGE

Entry-level pay             INR 3 lakhs per year

Mid-level pay                INR 10 lakhs per year

Senior-level pay          INR 20 lakhs per year.

Average pay                   INR 4 lakhs per year

Top-end salary             INR 30 lakhs per year

CAREER GROWTH

Retail management offers executive and managerial roles in sales, stores, collections, inventory, or accounts. With progressive experience, one can head the area, cluster, or territory. Higher roles are those of national heads in their respective segments.

10. Chartered Financial Analysts

Chartered Financial Analysts specialise in finance and investments. They manage the financial health and apply strategies that respond to market changes. CFA holds the key to many of the high salary jobs in commerce stream.

PAY RANGE

Entry-level pay            INR 4 lakhs per year

Mid-level pay                INR 12 lakhs per year

Senior-level pay          INR 25 lakhs per year 

Average pay                   INR 6.75 lakhs per year

Top-end salary            INR 40 lakhs per year

CAREER GROWTH

A CFA can start their career as an analyst, and progress to a manager or consultant. At their peak, they can take up chief executive roles.

11. Financial Risk Managers

Financial Risk Managers analyse and respond to financial and market risks. The internationally recognised FRM charter (designation) is awarded by Global Association of Risk Professionals (GARP). FRM offers some of the highest paying jobs for commerce students.

PAY RANGE

Entry-level pay            INR 4.5 lakhs per year

Mid-level pay                INR 9.75 lakhs per year

Senior-level pay          INR 25  lakhs per year 

Average pay                   INR 12 lakhs per year

Top-end salary             INR 30 lakhs per year

CAREER GROWTH

One can start being a transaction risk investigator or analyst. With further experience, one can become a risk consultant, specialist, or manager. A Chief Risk Officer is the highest and prestigious role in this profession.

A look at successful Professionals with high salary jobs in commerce stream: 

Successful Commerce Professionals

You may have recognised many of the career professionals who have made their unique mark in India and world business too.

Individual performance and team growth play a major role to be successful in these careers. These careers also offer bonuses, commissions, or share in profits in addition to salaries.

Know more about many such popular careers in commerce, here.

Don’t miss the chance to consider these careers for your child. You can work with her/ him to prepare rightly for these professions. If you wish to know more and need help to get started on these careers, please get in touch with our experienced counsellors here.

                                                              Speak to our counsellor

Nisha Ramachandran

Nisha is an ex-banker, who has also worked in the IT industry. Being a 'chai ke saath book' lover, she decided to take forward her love for writing through blogs. When she's not making her own DIY cosmetics and jewellery, she tries growing her own veggies at home and experiments with new ways to reuse trash. An avid yoga enthusiast, she is also a trained instructor.

Write A Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2r1cl5phksggddln