‘Commerce’, despite the growing number of engineering colleges in the country, is a popular subject choice among students. Across the different boards of education in India, the Commerce group in higher secondary schools includes papers in Accountancy, Business Studies, Economics, Business Maths, English and the regional language. This opens up a whole world of undergraduate degree options for students. Students who wish to enter the Humanities or the Liberal Arts can choose from Literature to Drama and History to Music and much more.
We talk about some of the best places abroad that offer a host of opportunities in Commerce. Those who wish to stick to Commerce would typically apply for a Bachelor of Commerce - B.Com degree. A B.A. in Economics or a B.A. in Accounting and Finance are other popular options. Students aspiring to do something more ambitious, opt to become Chartered Accountants. This starts a long process of writing papers, clearing them in clusters, three years of articleship/audit-training, and finally the achievement of becoming a certified chartered accountant or CA.
Traditionally, Indian students going abroad for higher studies were restricted to engineering, medicine and law. But with education loans becoming easier to access and many new scholarship opportunities, Indian students are going abroad for undergraduate courses in Commerce, Accountancy, Science and Humanities.
The QS World Subject Rankings Table does not offer a separate subject option for Commerce and lists entries under Economics & Econometrics and Accounting & Finance.
In the UK the best places to study Commerce and related courses are:
The usual front-runners make their presence felt in the USA:
All the big regional universities make it to the list in Australia:
New Zealand with its friendly visa policies allowing one-year extension to secure a job after graduation is gaining in popularity among Indian students. Check out the best universities to study Commerce:
Applicants need to have a good academic score in their Class XII exams with a minimum average score of 70% and above. IELTS score of 5.5 is the basic English language requirement. Those students who have completed an International Baccalaureate Programme in India are usually exempted from submitting fresh IELTS scores.
Sometimes institutions will recommend students to complete a Foundation/Pathways Programme to enable students to improve their knowledge of the core subject, English, Mathematics and Computing skills before they can join the degree programme.
Costs vary based on the duration of the programme and the country of study. Overall costs will range from INR15 lakhs to INR30 lakhs. Note Singapore is an affordable option only if you get into a public university. The cost of living in Singapore has sky-rocketed quite a bit over the past five years. In the current scenario with very friendly visa policies - New Zealand would be a great place to study.
You can get in touch with our dedicated education counsellors to explore your options of studying commerce or a related subject abroad. Get in touch with us today on our toll-free numbers - Chennai: 1-800-103-9634 or Delhi: 1-800-103-2581 for a range of free admission support services.