Commerce as a stream of education can be defined as a study of trade and business activities such as the exchange of goods and services from producer to final consumer. Students must read the chapter here before it is taught in the class & then again same can be revised from the notes given here. Popular business majors include: A public relations degree program, for example, will teach you how to develop marketing campaigns, communicate more effectively and build lasting relationships with your prospects. D-19,Industrial Area, Phase-1,S.A.S.Nagar (Mohali), Punjab, Copyright 2012-2020 | All Rights Reserved | Powered by, Not Just the Soft Skills, But Ciceronian Eloquence, Udaan : Exploring and Enriching Young Minds. With the internet, distance never becomes … Think of it as an investment in yourself. Or, if you’re still not quite convinced, read on for a deeper exploration of the question: Why study business? You’ll typically also be challenged to explore these fields within an international context, though in some cases it will be advantageous to specialize in their application within a particular country or world region. Commerce stream consists of subjects like Accountancy, Business Studies, and Economics as main subjects. Fiew reasons why E-commerce is so popular : E-commerce business operates on the internet platform and today with the internet’s power, you could get far more customers than you could by running an actual shop. Commerce is just a new subject for students. Some students who score an average marks, these days, are interested in opting Commerce as their stream. But, for most people, the answer to the question “why study business?” is best answered by reference to possible careers with a business degree. As the craze of commerce is increasing among students every year, everybody wants tuitions or coaching for these subjects, by this a candidate can earn much by sitting at home. You can also expect to gain many valuable transferable skills, which can be put to use in both everyday life or if you decide to take a completely different career path. Business studies can give you a competitive advantage, hone your leadership skills and increase your chances of success. Here are some of the reasons why one should study Business Studies: Business Studies is a subject that deals with the operation and organization of modern business enterprises. The combination of academic challenge and practical focus makes the prospect of studying a business degree highly appealing for those attracted to the competitive, yet collaborative learning environment offered by many business schools and departments. Additionally, some of the best-paying jobs available today require a degree in business. all are the subjects which students can pursue by taking Arts stream. If basics are clear, they can solve practical problems easily. But Commerce is totally new for students. Students must focus on the basics of every commerce subject. He/ she can establish his own Sole Proprietorship business or can form Partnership firms for auditing the books of other business firms. You can categorize types of business degrees by level (i.e. All rights reserved. If you're passionate about technology, consider a business degree in e-commerce. Same in case of Economics & Business Studies also. You will also gain a better understanding of global and local business challenges, project management requirements, supply chains and marketing practices. You don't have to be an entrepreneur to study business. Notre Dame College: 5 Reasons to Get a Business Degree, Fremont College: Advantages of a Business Degree, United International Business Schools: Undergraduate Programs / Minor in Business Communication, CollegeBoard BigFuture: Business Majors: The Basics, Masters Portal: 7 Very Good Reasons to Do an MBA Degree. Some students scoring 50%- 55% marks & those who are interested in Fashion Designing or other Vocational courses opt for Arts. During your business degree, you’ll develop a broad knowledge of business operations as well as gaining targeted skills in your specific field, such as customers, markets, finance, operations, strategy, business policy, communications and IT. If you're asking for 11&12th, commerce gives you a wider scope as compared to arts. Please tell us about the city you studied in or a city More obvious careers with a business degree include roles in accounting and finance departments, which take in large numbers of business degree graduates. Most universities, therefore, plan the degree such that in addition to their major, students are exposed to general business principles, taking courses in accounting, finance, economics, actuarial studies, business management, human resources and marketing; some programs also require business statistics and -calculus, and information systems. But, for most people, the answer to the question “why study business?” is best answered by reference to possible careers with a business degree. If you're an artist, business studies can teach you the skills needed to sell your work and make a name for yourself. If you don't get interested with it you will never learn about accounting . Whether you want to work in market research, management, public relations, banking or advertising, you need a thorough understanding of the business world. The main thing which we achieve from commerce is to analysis our Commercial life. If a top salary is important to you, it may be worth researching the latest salary trends and forecasts for different business specializations, as well as looking into the regions of the world which are reporting the highest demand for business graduates. © QS Quacquarelli Symonds Limited 1994 - 2020. If you're a business owner, consider getting a degree in business management, marketing or finance to set yourself up for future success. Students who do their studies seriously & with responsibility can learn well and score excellent marks in exams. Every industry relies on business principles to survive and thrive. According to the latest TopMBA.com Jobs & Salary Trends Report, salaries for MBA graduates average US$116,300 in the US and Canada. Depending on your goals, you can enroll in undergraduate, graduate or postgraduate programs or sign up for specialized courses that focus on marketing, leadership, human resources or e-commerce. It is her mission to remain active in contributing towards creating an environment where all the resources of Commerce Education should be within the reach of every deserving student. In today’s interconnected society, it's important to have a good understanding of business and why it matters. An accountant who takes business courses will gain a competitive edge in the job market and stay on top of the latest laws and regulations. In Accountancy, there are some basic rules like that of Debit/Credit, on which whole Accountancy is based. So, little hard work is required for great achievement. How Much Does it Cost to Study in Germany? Why Study Business? Commerce Stream is a good choice as it is not considered difficult like Medical/Non-medical streams. Some students interested in Engineering or Medical Profession and scoring 70% marks or more, go for Medical or Non -Medical Streams. International Student: Is a Degree in Business Right for You? An understanding of how organizations operate, Strong communication skills (oral and written), Numeracy and an understanding of how to interpret and use financial data, Self-motivation, initiative and effective time management, A close understanding of economic fluctuations and other external changes affecting business, Find your perfect School and Program with our matching tool, Connect with other students on our forums. Business graduates go on to work in myriad different sectors, and not all of them are those you would typically associate with business in general. Organizations do a lot more than just sell products. Perhaps your goal is to create controversy, share your opinions or give readers a new perspective on the world around them. You might have some vague ideas about why this is the case – business graduates are in high demand worldwide, business touches on pretty much every aspect of modern human society, careers with a business degree are diverse and often highly paid – and these assumptions are likely to be largely true. Like a little kid learns in his primary classes: English, Hindi alphabet as a beginner, same situation is faced by a student in commerce, in class eleventh. Other sectors with high demand for business graduates include marketing and advertising, as well as retail, sales, human resources and business consultancy. No matter your goals, you need business skills to promote your work, gain exposure and convey your message to the target audience. Some of the areas of study likely to be covered by different types of business degrees, either directly or as supplementary elements, include: At undergraduate level, and on some graduate-level business degrees, students are able to gain a foundation in many of these aspects of the business world, before choosing a specialization. Classes should be attended regularly by the students. You could also use your business degree to pursue roles within SMEs (small- to medium-sized enterprises), innovative new start-ups, charities, non-profit organizations and NGOs. As mentioned, those thinking of studying a master’s in business should also check the new QS Business Masters Rankings 2021, in which MIT’s Sloan School of Management is the world leader for master’s in business analytics degrees, Saïd Business School leads the finance ranking, HEC Paris is first place for management, and Columbia Business School is top for marketing.

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