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After the completion of the 10th standard, Life’s not as bubbly as everyone assumes it would be. There’s a major step one has to take; choose which stream they would want to opt for, and it isn’t easy, because it decides a lot about a kid’s future life. It’s a very crucial step and hence to make it easier for you we would explain to you about one of the major streams; commerce, and all its aspects.
What is Commerce?
Commerce is an arena of study that directs industry and retail activities, such as the trade of commodities and management of finance from the producer to the end-user. Numerous subjects such as Economics, Accountancy, and Business Studies are fractions of the Commerce stream in Classes 11 and 12. Subsequently, in tenth grade, those who are serious about this area should only enroll in a Commerce course.
Why a Student Should Choose Commerce?
The following are the crucial justifications one should opt for commerce stream subjects –
1. An employee with the best pay
Consider any employment and then contemplate how much you would be paid for it. In whatever profession, who is the loftiest-paid worker? Management, to be sure. Management is taught at a young age in the sphere of commerce.
Therefore, if you are inquisitive about supervision and capital, the Commerce line is the greatest option. Learn administration from the surface up in Commerce. Taking it a little far, Chartered Accountants in a country like India and around the globe earn hefty packages.
2. Pertinence
What good is education if you don’t put it to use? Everything in Commerce has abrupt application in every aspect of life, whether it’s business studies, accountancy, or economics. You can put what you’ve learned in these classes to use in your everyday life.
For illustration, commerce is entrenched in our daily lives; we employ the services of an accountant to rectify our accounts and maintain a trail of our household budgets.
3. Entrepreneurship
Every government on the planet encourages citizens to be entrepreneurial. Our government, for example, promotes “Make in India” and Atma Nirbharta to achieve a five-trillion-dollar economy.
Someone who begins a business is known as an entrepreneur. They ought to be well-versed in every aspect. What are your strategies for dealing with taxes and their financial consequences? What strategies do you employ to deal with the changing business landscape? These are all concerns for business owners.
All of these questions are relevant, and as a marketing consultant, you will be educated to answer them.
All of these can be accomplished by other streams as well. However, as a commerce student, you have an advantage over them. Startups such as Start-up India and Make in India are thriving. The globe is waiting for fresh entrepreneurs to come up with new ideas that will help to improve the economy.
During the Pandemic, there is a focus on entrepreneurship and businesses, as well as how one entrepreneur used the Pandemic to expand their firm. Business with a commerce background is an easier drill to execute as you have a lot of crucial things under control.
What are the Main Subjects in Commerce?
One of the foremost questions that arise among the students is “what subjects are in commerce?”
There are 5 main commerce subjects list-
1. Accountancy
2. Business Studies
3. Economics
4. English
5. Math
1. ACCOUNTANCY
Organizations throughout the world revolve around the concepts “accountancy” and “accounting.” To assess financial success, any leading corporation in any enterprise expects reasonable accounting. The accounting stream teaches you basic accounting principles, how to prepare and understand financial accounts, and how to calculate an organization’s profitability. Profit is the primary motivation for all businesses. The basis for determining profitability is accountancy.
2. BUSINESS STUDIES
The subject’s name implies what it is about. Business studies are concerned with the survey of the industry, marketing, and business in frugality, as its name suggests. You’ll study how businesses start and grow through time. You will also get an understanding of the business atmosphere and the forces that influence it. This topic will assist you in comprehending the corporate world. If you want to be a businessman someday, you must first learn about and comprehend the business industry world.
3. ECONOMICS
Economics is one of the most complicated and significant subjects in commerce in CBSE classes 11 and 12. It offers you a thorough understanding of what an economy is and why reading it is so important. It also gives you an insight into how the nationwide and worldwide economies work. Understanding the global economy will aid you in future employment choices.
Though we have a basic perception of economic growth from our 10th grade, the 11th-grade Economics syllabus gives us a completely different perspective on the subject.
4. ENGLISH
English is a widespread subject that prevails regardless of the stream you relate to. You learned the subject and basic grammar until 10th grade, and this isn’t a new shoe that needs to be broken in. It is a worldwide language, and you must be fluent in it. Once you graduate from high school, English is the only language that will secure your survival in the company or job realm
5. MATHEMATICS
We are not unfamiliar with mathematics. Math has changed us since we were children, and it continues to do so. Everything is calculated, and calculation is the foundation for comprehending life’s math.
In mathematics, the CBSE commerce subject class 11 syllabus covers the following topics:
● Arithmetic
● Calculus is a subject in mathematics.
● Probability, statistics
● Programming in linear terms
It is yet another universal subject that will help you qualify for key future courses such as CA, FINANCE in MBA, and other professional programs.
The Other Discretionary Commerce Subjects Are-
1. COMPUTER SCIENCE
2. INFORMATICS PRACTICES
Informatics Practices is a computer science field that is comparable to Informatics. The field of computer science is concerned with the study of computers. We comprehend the knowledge and its processing through informatics practices, which go beyond computer applications.
3. PHYSICAL EDUCATION
Physical education is an intriguing subject to explore. Physical training was something we all admired. If you appreciate sports, making it your career is much more exciting. It is easier than any additional subject to record.
This course will assist you in pursuing a straight career as a physical trainer. You can come to be a prosperous corporal coach by earning a bachelor’s or master’s degree in physical education.
Commerce Class 11 and Class 12 Subjects
Which Are the Subjects in Commerce With and Without Maths?
Commerce without math subjects in class 11, involves the following:
1. Accountancy
2. Business Studies
3. Economics and
4. English
What Are the Available Commerce Stream Boards in India?
The 4 Commerce Streams Boards are-
● IB (International Baccalaureate)
● Cambridge IGCSE (International General Certificate of Secondary Education)
● CBSE (Central Board of Secondary Education)
● ISC (Indian School Certificate)
● State Boards.
Frequently Asked Questions-
1. How Many Subjects are there in Commerce?
There are 4 compulsory commerce with math subjects;
1. Accountancy
2. Business Studies
3. Economics and
4. English
5. Mathematics
The other additional subjects are-
1. Computer Science
2. Information Practice
3. Psychology
4. Physical Education
2. What Are The Main 3 Subjects in commerce?
1. Accountancy
2. Business Studies
3. Economics
3. Is Commerce Without Maths a Good Option?
Yes, it is evident. Administration, legislation, hospitality, voyage & tourism, comprehensive commerce, banking, defense employment, multinational trade, media outlets, estimation, animation, economics, are just a few examples of well-known sectors where you could make a space for yourself as a professional.
4. Should I take Commerce With Math?
If you appreciate specializing in numbers, analyzing data, and are interested in business, a commerce degree with math can be an excellent fit for you and will provide you with a variety of prospective employment options.
5. Is 11th Commerce Easy?
Although commerce looks to be a simple and secure option that provides students with a wide range of bright career options, it also includes disciplines that are unfamiliar to kids and are freshly introduced in 11th grade such as accounting and economics. So, it’s on the student to decide.
6. Which Commerce Subject is Best?
This is a question that depends on what career you would want to pursue after your 12th, but with the percentage, economics is considered to be the best subject in commerce.
Conclusion
Commerce is a stream that could open a wide spectrum of job opportunities, from accountants to the country’s top economists, depending on your interests. It’s up to you to determine what you want to be when you grow up.
There are some of the best international schools in Bangalore that offer Commerce stream and are established to provide the best education. The students of commerce subjects in class 12 of GIIS Bangalore have set exemplary records in the past few years, all thanks to the efficient team of the faculty.
The nation that we are dwelling in is becoming increasingly competitive, so schools like GIIS Bangalore are carefully planning your future in conjunction with your interest, especially when you are in high school.
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