Charting Your Financial Future: Best Finance Courses to Pursue After 12th Commerce

Finance courses are widely distributed in different specializations. Various certification courses, diploma courses, and undergraduate degree courses are available in the finance sector, which is the best course in the market. One can also take up these courses through distance learning as well. If you are highly interested in pursuing a career in finance, keep reading about the various courses and finance certifications offered in the field! This article will walk you through the advantages of finance, types of finance courses after 12th grade, jobs in finance, the career prospects of finance, and some of the important features of finance courses and job opportunities.

Key Takeaways

• Finance Courses After 12th

• Features of Finance Courses

• Types of Finance Courses after 12th 

Features of Finance Courses

Types of Finance Courses	Certification course, diploma course and undergraduate degree program
Total Duration of Finance courses	Certification course: A few months Diploma course: 2-3 years Undergraduate program: 3 years
Mode of learning	Online, offline, hybrid
Eligibility for pursuing finance courses	A minimum requirement of 50%-55% in 10+2
Common and popular courses	Finance and accounting courses like B.Com (Accountancy), BBA (Finance), Chartered accounting course, Company Secretary course, Certificate in Banking and Finance, etc.
Common Jobs in Finance	Accountant, Risk Analyst, finance analyst, Business Consultant, Market Research Analyst, Portfolio Manager

Benefits of Finance Careers

Finance is a base in the business. Finance helps businesses to grow, appoints workforce, and contributes to business operations. Thus, a finance career is a lucrative career option and one of the best courses after 12th commerce. It offers a range of benefits to finance professionals. Some of the other advantages of finance are:  

• Range of specializations and roles in finance career

The finance sector has a lot of career options and finance professional courses. These career prospects include a wide range of roles and responsibilities intertwined with the benefits of finance. 

There are options like investment banking, risk analysis, finance analysis, financial management, financial decision-making, assets management, financial reporting, and many more that give high-salary jobs to suitable professionals in finance.  

• Finance professionals embrace job satisfaction

The finance sector gives job stability to people. It is because of the universality of accounting and finance in the company. Finance is a crucial part of business nowadays. Every business needs finance professionals to manage their money and make finance models for their businesses for profit making and better growth. 

High demand for finance professionals will lead to a positive finance career and a career in accounting. Therefore, finance professionals have high job satisfaction in their career path. 

• Allows employees to grow by climbing the career choice

There is a scope for growth in the finance sector and finance industry. You can start as an entry-level professional and push your career to senior executives in the industry. Moreover, you can find positive career growth in the industry. 

With high salaries,  job security and a great networking base, you will have a higher scope of advancement in the finance sector. Thus, with the help of NorthStar Academy you can build your career in finance without having to be a graduate in finance or a related subject to excel in it, which is one of the greatest career options after 12th commerce.

• An opportunity for doing financial planning in the business

Financial planning is of great value for business organizations. Businesses need it to work in a planned manner. Financial planning controls the cost and other economic activities of a business. The bigger business needs a bigger team to do financial planning. 

Moreover, companies demand skilled professionals in finance to build finance models and control financial planning. Thus, this kind of need is vital in financial decision-making and increases the demand for financial professionals, accelerating the need for finance courses after the 12th standard.

Types of Finance Courses after 12th

There are various options to pursue a career in the world of finance after 12th. The most common finance professional courses popular among every finance student are B Com in accountancy, BBA in finance, Diploma in Finance, CA, and CS. These finance career options are mostly sought-after finance courses after the 12th grade. Which can shape your future in the long run.

There are three types of finance courses. Let's discuss them in detail. 

• Certifications in Finance
  
  • Popular certifications in finance professional courses include courses like Certified Banking & Credit Analyst, Financial Modeling & Valuation Analyst course, Financial Risk Management and Finance and Accounting.
  • These certification courses provide the necessary knowledge and expertise in multiple finance topics like investment accounting, risk management, and econometrics. These courses impart skills necessary to become a finance professional and work in a professional environment.
  • The eligibility criteria for pursuing a certification course in finance is a minimum of 50% in 10+2. You must also pass the exam conducted by the concerned governing body. The eligibility criteria for advanced certification courses may include work experience as well.
  • After successfully completing certificate courses like CFA, CA and CS, you can find jobs in finance in top consulting firms such as Deloitte, PWC, Morgan Stanley, Citibank, KPMG, etc. 
• 
  Diploma Courses in Finance 
  
  • The duration of the Diploma and PG diploma in finance ranges from 6 months to 12 or 24 months.  These courses are included online as well as in offline mode which cover the entire course curriculum.
  • Diploma courses give essential knowledge on investment and banking to students and promote careers in finance so that they can gain the necessary skills and knowledge and work as finance professionals.
  • The eligibility criteria for pursuing a diploma course in finance is a minimum of 50% in 10+2. Moreover, the students must hold a bachelor's degree in finance or a related field before pursuing a PG Diploma course. 
  • Some of the popular diploma courses in finance are Diploma in Financial Management, Diploma in Financial Services Management and a PG Diploma in Financial Management.
  • Pursuing a Diploma in finance will give you lucrative job options in India, where you can promote your career in finance. 
• 
  Undergraduate Programs in Finance 
  
  • The popular undergraduate finance career courses are BBA in International Finance, BBA in Financial Markets, and B.Com. in Accountancy and Finance and BCom Taxation and Finance.
  • The eligibility criteria for pursuing an undergraduate finance program is scoring a minimum of 55% in 10+2. It is usually gauged for such undergraduate courses that demand merit-based admission.
  • The potential candidates are also tested through face-to-face discussions or personal interviews. 
  • Most top-notch companies, like Deloitte and KPMG, hire undergraduate finance professionals, giving them higher career prospects to grow in their work.  

Popular Colleges of Finance Course after 12th

There are a lot of colleges that impart finance courses after the 12th. The management colleges of India mainly offer these finance courses. It has been witnessed that B. Com is the most popular course among students.  However, you can pursue other finance courses in these colleges, too. Here is a list of colleges that provide finance career courses. So, let's talk more about it in detail. 

• Top Colleges for Certification Courses in Finance
  
  
  • ICOFP Mumbai/Delhi: International College of Financial Planning
  • Indian School of Business Management and Administration, Hyderabad
  • Indian School of Business Management and Administration, Patna
  • Central India Institute of Management Studies (CIIMS)
  • XLRI Jamshedpur 
• 
  Popular Colleges for Diploma Courses in Finance
  
  • Banaras Hindu University
  • Gujarat University
  • SVKM's Narsee Monjee Institute of Management Studies
  • Mumbai University
  • Madurai Kamaraj University 
• 
  Top Colleges for Undergraduate Courses in Finances
  
  • University of Calicut
  • Savitribai Phule Pune University
  • Calcutta University, Kolkata
  • Mumbai University 
  • Manipal Academy of Higher Education, Manipal
  • Sree Kerala Varma College
  • Xavier Institute of Management, Bhubaneswar (XIMB)
  • Shri Ram College of Commerce, Delhi 

Career Prospects of Finance

Choosing a career path is overwhelming. However, you can find it a bit easier to decide when the job prospects of that career path are positive in the country. Including various other career options, the Finance career course is no different! 

Though you might often think about the types of career opportunities in finance, you will find lucrative career options in finance and ample benefits of finance, too. One can witness some of the best finance courses after 12th commerce. Let's delve deeper into some of the highest-paid jobs with their salaries in finance in India. 

• Accountant

The accountant generally works on software by entering relevant data on it. He controls the organization internally by recording the data of total purchases, sales, production and inventory. As a result, an accountant guarantees the company's financial stability. In India, an accountant typically earns 17746 rupees per month, or 2.5 lakhs annually which is a great job after 12th.

• Finance Manager

The finance manager is also known as a financial analysts. They majorly oversee the flow of money in the organization. They observe where the company's fund is invested and how frequently the investment has to be changed. Consequently, a finance analyst aids in company decision-making, which is an important role in financial planning. In India, a finance manager typically earns between 88,614 and 90,941 rupees per month, or 12.5 lakhs annually.

• Portfolio Manager

The portfolio manager looks at the company's finances and takes legal action against entities that have failed to repay the money. Therefore, portfolio managers arrange the payment mechanism once again to make it as simple as possible to make the payment. In India, a portfolio manager makes an average annual compensation of 7.8 lakh rupees.

• Chartered Accountant (CA)

The chartered accountant is in charge of managing the company's finances. They keep the business away from future plausible risks. A Chartered Accountant (CA) in India typically earns between 49,479 and 50,647 rupees monthly or 6.5 lakhs annually.

Conclusion

In conclusion, the finance career has a range of courses and specializations after the 12th. Financial management is vital for every organization because of its integral role in the business. So, to become a global leader in the industry, you can take some of the best finance courses after 12th commerce and embrace the advantages of finance. You may gain the specialized knowledge you need to succeed in a career in finance by taking these courses. Additionally, the courses enhance your resume and help you become a successful finance professional in India and worldwide. 

NorthStar Academy is specially designed to impart various finance training programs like CFA, CA, CMA and financial accounting courses so that you can take your first step towards building a finance career by taking some of the best finance courses after 12th commerce. You will get practical exposure during the financial modeling course with us and gain the specific skills exclusively required for the finance professional.