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Top 10 Highest Paid Jobs in India in Commerce

Pallavi Dhotre

5 months ago

Top 10 Highest Paid Jobs in India in Commerce | insideaiml
Table of Contents
  • Introduction
  • Jobs in commerce stream
               1. Investment Banker
               2. Chartered Accountant
               3. Chief Executive Officer
               4. CPA (Certified Public Accountant)
               5. CFA (Chartered Financial Analyst)
               6. Company Secretary
               7. Marketing Manager
               8. Business Accounting and taxation
               9. Human Resource Manager
             10. Digital Marketing Manager
  • Summary

Introduction 

          Are you a commerce student? Looking for commerce student jobs? Do you want to know the highest-paid jobs in commerce stream?  Want to know the career opportunities in the B.Com field? You are on the right page. There are various jobs for commerce students. But still, people believe in a myth that only science side students can have financial security and a great future in life. Are you one of these people? 
Let me tell you commerce is an evergreen field. Whatever financial crisis happens in the world there are some great economists who apply some strategies and make companies and their countries financially stable. We are going to discuss some commerce jobs and careers in the commerce field. Commerce degree is highly in demand today as everyone wants to increase their finances and become financially stable. Without the proper guidance of a financial advisor industries don’t take any decision to invest in a specific field. So it is important to know the careers in the commerce stream. Let’s dive deeper into some of these highest-paid jobs for commerce students. 

Jobs in commerce stream

1. Investment Banker

          The investment banker is the highest-paid job field in commerce. The investment banker has become the best career option after B. Com. To pursue a career as an Investment Banker there is a small course of Certified Investment Banker. The duration of this course is  6 months.  You will escalate your knowledge, skills, and understanding of investment banking in the CIB course. The role of investment bankers is to provide advice to your client to raise capital by issuing debts and selling equities. Investment bankers get higher salaries in the commerce stream. The average annual salary is 9.78lac in India.  Once you get experience in a relevant field then your salary can go up to 26lacs per annum. 
Investment Banker average salary | insideaiml
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2. Chartered Accountant 

          CA is the most familiar term in India. If you are a commerce student then every random person will suggest you go for CA. Chartered Accountant is highly in demand but the process of becoming CA requires lots of hard work and patience. Students need to go through four stages of examination and after clearing all the exams students can get internships for CA. These four exams are i.  CA Foundation ii.  CA Intermediate iii.  Articleship training iv. CA Finale. Now the question is who decides that you are a Chartered Accountant? There is the body in India Institutes of Chartered Accountant in India (ICAI) that decides the person as a registered CA after clearing four exams and finishing the internship. CA is a highly dreamed commerce student jobs. This is one of the highest-paid jobs for commerce students.   Top recruiters for CA HDFC, TATA, Deloitte, and their average annual salary is 8.04 lac to 11 lac. 
Chartered Accountant Average Salary | insideaiml
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3. Chief Executive Officer

          In the corporate world CEO is the highest rank of job. The person who is responsible for running the company is known as the CEO. Most of the CEOs have their graduation degree and experience in management-related fields. CEO manages the industry and spread the branches of the company also they are responsible for the company’s growth. The decisions are taken by the CEO impact the company. In front of the media, they need to represent the organization. They are truly the face of the company. All operations are being observed by the CEO and important decisions are also taken by the CEO. CEO has to be a communication point between the senior employees. It is the responsibility of the CEO to keep the organization in a growing and profitable state. There are some qualities that should be within a CEO. CEO should have a good understanding and sense of a business. He should be a good decision maker and analyzer. CEO must have good communication skills. And he should have the vision to grow the business in all terms. The average annual salary of a CEO is starting from 4.8 lacs to 1 crore. The median of salaries of the CEO is 29 lac per annum.
Average Chief Executive Officer (CEO) Salary | insideaiml
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4. CPA (Certified Public Accountant)

          Again CPA is a globally known course and its duration is relatively small. They are also known as accounting professionals and they need to give 4 national level exams to become certified public accountants. CPA’s primary job role is creating financial statements audits, making final reports, bookkeeping activities, and other attestation services. For this purpose, CPA should have knowledge of the latest accounting and analytics software. They should have knowledge of all tax laws. They should understand and should be able to present the business reports. This is one of the important jobs in commerce stream where the decision of the CPA is highly valued.  Decision-making completely depends on the financial statements provided by the CPA. This job can give you financial security but prerequisites for entering this course are a degree in business or accounting field. The average annual salary of these commerce student jobs as a CPA is 7lac as a beginner. Once you get experience in the relevant field you can get up to 20lac per annum. 
CPA (Certified Public Accountant) average salary | insideaiml

5. CFA (Chartered Financial Analyst)

          This best career as a financial investment advisor and an international professional. According to the research, there are 1,67,000 CFA in the world. So now you can imagine the level of complexity to become a CFA. The main goal of CFA is to observe the market of all world and create opportunities for their employees and clients. CFA is a kind of financial guidance and they are leaders of the financial department in the organization. They are responsible for analyzing the market and creating investment reports. Also, they give guidelines for the industry’s investment. They are responsible for designing and promoting financial services. CFA is responsible for creating a strong financial portfolio. CFA should have good analytical skills and they should be proficient in handling numbers. CFA should be a good communicator and he should create insightful financial reports. CFA should be aware of the latest analytical software.  Subjects like Economics, probability theory, advanced investment analysis, corporate finance, security analysis, alternative investments, and portfolio management are included in the CFA course. Again students need to pass the three-tier examination to get the designation CFA. Goldman Sachs, JP Morgan, Royal Bank of Canada are top recruiters and the average annual salary ranges up to 6.8lac. After getting experience in a relevant field you can get a salary up to 20lac per annum. 
Average Chartered Financial Analyst (CFA) Salary | insideaiml
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6. Company Secretary 

          B. Com students need to do 3 years of course to become a company secretary. Now the question is who gives this degree? The Institute of Company Secretaries of India provides this degree to students. Students need to go through 4 stages of the program to become a Company secretary. All the secretarial works such as legal advice, registry work, company policies, and planning are handled by the company secretary. They run the company smoothly. They focus on the growth and development of the company. The company secretary has to be an expert person in many areas. They have to act as a registrar, they have to act as a legal advisor, they have to make the company aware of the national and international laws, and they have to manage all the secretarial work. Their responsibilities mainly include taking care of tax returns, maintaining records of tax, and giving legal and actionable advice to the board of directors of the company. This is the most important career in commerce. After B. Com students should study corporate law to get the post of the company secretary. The annual salary for CS ranges from 6.7lac to 12lac. 
Company Secretary Average Salary | insideaiml
image reference: https://www.imcost.edu.in

7. Marketing Manager

          Marketing managers are responsible for the growth of the company. They contribute to planning the promotion of the product, advertisements of the services, and increasing the business by promotion. Also, they are interacting with various people and build public relations to sell their products. They mainly focus on analyzing the company’s product, status,  and strategies. In the end, they are responsible for increasing the profit of the company, increasing the investments and shares. The average annual salary of a Marketing manager is 6 to 7 lac per annum as a fresher. Once you get experience in the relevant field then your salary can go up to 22lac per annum. 

8. Business Accounting and taxation

          He is the only person who looks after the business account and taxes. The student needs to complete his graduation in accounting specialization. And then he needs to pursue a business accounting and taxation course. Responsibilities of the person include maintaining accurate business accounts. Also, they are responsible for on-time tax payment. They find out the ways to save the taxes after analyzing the business accounts. They should be experts in handling numbers also they should have good analytical and communication skills. They should have good report-making and analytical skills.  There is a huge need for this course in business. Also, it gives salary hikes to the employees. Adobe, Genpact, and Bajaj are top recruiters and they give an average annual salary in the range from 3lac to 10lac.

9. Human Resource Manager

          Incharge of the employees of the company is called as human resource manager or HR manager. The person has to do specialization in HR Management. The main responsibility of HR Manager is keeping the environment healthy and to keep employees morale high. Hiring talented people at a fair salary is also one of the main tasks of an HR Manager. HR Manager should have good interpersonal skills along with good listening and communication skills. They should be an excellent planner and they should ensure that all rules and regulations are being followed. HR managers are intermediate between the employee and the management. The average salary of an HR Manager in India is 7.1lac. Once you get experience in the relevant field you can get up to 20 lacs per annum. 

10. Digital Marketing Manager

          A marketing manager is responsible for handling all the events and growing the business. There are various institutes that provide courses for Digital marketing. One of the famous institutes is insideAIML. They provide the course named AI driven Digital Marketing. The duration of the course is 3 months to 11 months. This is the most creative and satisfying job in which you can run a business in the digital world. Topics included in the digital marketing course are SEO, SEM, SMM, Content Development, Web Design, and many more. The average annual salary of these commerce student jobs is 5.1 lac in India. 
Commerce Student 
Top Recruiters 
Average salary per annum
Salary after experience per annum
Investment Banker
Glocap Search LLC, Pinnacle Group International
9.6 Lakhs
26 Lakhs 
Chartered Accountant
HDFC, TATA, Deloitte
8 Lakhs
11 Lakhs
Chief Executive Officer
Public, Private, Government Sectors
4.8 Lakhs
29 Lakhs
Certified Public Accountant
Toptal, Aerotek, Kelly Services
7 Lakhs
20 Lakhs 
Chartered Financial Analyst 
Goldman Sachs, JP Morgan, Royal Bank of Canada 
6.8 Lakhs
20 Lakhs 
Company Secretary
GAIL, Power Grid Corporation of India, Croma
6.6 Lakhs
22 Lakhs 
Marketing Manager 
Corporate Companies
7 Lakhs
22 Lakhs 
Business accounting and taxation
Adobe, Genpact, and Bajaj
3-10 Lakhs
21 Lakhs 
Human Resource Manager 
All Corporate Companies
7.1 Lakhs
20 Lakhs 
Digital Marketing Manager 
Digital Marketing Agencies
5.1 Lakhs
8-12 Lakhs 

Summary

          In this article, we discussed the 10 highest-paid commerce student jobs in India. There are various courses like digital marketing, CPA, CMA, CFA, CFP through which students can get a good job in the corporate sector. We have discussed the average salaries of the given jobs also we have enlisted some top recruiters for the commerce jobs. But to get a job in the commerce stream it is necessary that the candidate should be able to take the responsibility and ready to invest the time to gain the knowledge. Ultimately students should choose the right course with the right institute with full dedication then only they can get the highest paid job in this stream. 
We hope you can choose your career in the commerce stream wisely after reading this fruitful article for the highest-paid commerce student jobs. If you have any related queries, feel free to ask in the comment section below. 
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