Professional courses after 10+2 in commerce

I want to pursue a professional course after 10+2. Can you please brief me about the courses and the exams conducted for each also mention the institutes and universities that offer these programmes.

Below mentioned are the professional courses and the required details:

1. Chartered Accountancy: it is the most banked upon career. A CA specialises in accounting, auditing and taxation. He acts as a corporate caretaker and is considered highly respectable in the corporate world. The salary depends upon academic qualification and your skills. Average salary lies between 25,000 – 1,75,000 per month. However, in abroad you may get up to 5,00,000 – 15,00,000 per month depending on the geography of the country. A CA normally earns good money. ICAI is the examining and licencing body (www.icai.org) that conducts exams for CA. You are eligible to give CA exams right after 10+2. CA programme has three sections which are, Common Proficiency Test (CPT), Professional Competence Course (PCC or PCE) and the Final Examination.

2.Company Secretary: They manage various departments, ensure compliance of company’s legislations and advise directors and higher officials on legal requirements of companies. They also look after finance, accounts, legal and personnel and administrative functions. It a multifunctional field and is well paid. The Institute of Company Secretary (ICSI) offers a three stage course to become CS. Foundation course is of 8 months that can be joined after 10+2 exam.(www.icsi.edu)

3.Chartered Financial Analyst: CFAs employ there expert skills in the areas of finance. They work in areas like fund research, portfolio management, investment consulting, investment banking, international finance and research and investment management. CFA with IT skills (like SAP, Oracle, Baan) is an unbeatable combination and opens a million job opportunities all around the world. To be a CFA, you need to be a graduate and you should be able to clear the three stages of examinations and in addition to this, three years of investment\financial experience is also essential. ICFAI University conducts CFA programme in India through class room and distance learning mode. CFAs are also paid well. (www.icfai.org)

4.Banking: Many job opportunities are open in both public sector and private sector banks. These days banks take up students who are MBA graduates, CAs and CFAs to improve the efficacy of banks. Banking Industry has spread its wing to mutual funds, business security, insurance, credit cards, loans etc. which has led to more career opportunities in this field. Public sector bank recruit both 12th pass candidates and graduates for Clerical and Probationary officer posts on the basis of merit list which id prepared after an all India level exam conducted by Institute of Banking Personnel. However, specific for commerce students, anyone who has passed 10+2 and is a graduate can take up this examination.

5.Cost and Work Accountant (CWA): they maintain cost accounting records, perform cost auditing for companies, serve as executer, and certify expert \import documents under Exim policy. They also serve as executer and receiver. CWA simplify decision in regards to economic condition of the company, and activities of organisation. The ICWAI examinations are held in 3 stages Foundation, Intermediate and Final. You can appear for the foundation state directly after 10+2. Graduates in any discipline are eligible for intermediate course. Candidates must have 3 years of experience in addition to passing the final stage are eligible to become CFA. (www.icwai.org)

6.Insurance: this field offers jobs in actuary, risk management manager, insurance surveyor, underwriter etc. in private sectors you can expect more salary as compared to public sectors. You may end up getting 15,000 to 50,000 per month+ incentives and commissions. To pursue a career in this field you must pass the entrance exam conducted by Actuarial Society for of India, Mumbai. Even students that have just passed 10+2 are eligible for this programme. You need to have a license to work in this field which can be achieved through a training programme.