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The Persistent Significance of Commerce

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amity university
The Persistent Significance of Commerce

Commercial activity of all kinds is at the center of the growth and development of all economies. Business is the lifeblood of the country and ensures that money keeps flowing around the economy. With the slow but steady resumption of commercial activity after the slowdown caused by the pandemic lockdowns, the demand for fresher’s from the top commerce colleges in Mumbai is also rising. Commerce has long been one of the favorite choices for graduation for young people across India. The institutions on top of the list of commerce colleges in Mumbai are a great choice for potential commerce graduates.

 The Choice of the Future

 Commerce graduates have as bright a future ahead of them now as they used to have in the past. In fact, to some extent, it may even be said that the future is slated to be much brighter. Given how business is expanding in India, especially in the area of startups that focus on digital products and services, it is not surprising that commerce graduates can hope to have a much greater field in terms of the number of jobs available in the near future. The growing phone-based merchandising area is also booming.

 Since even the World Economic Forum’s Future of Jobs Report of 2020 avers that e-commerce is going to be one of the leading drivers of the economy in the years to come, it should be no surprise that graduates from the top commerce colleges in Mumbai will definitely have a more diversified spectrum of career choices in the near future. The multitude of new businesses all has commercial aspects that would require the services of commerce specialists. But the most interesting aspect is the scope that doing commerce provides in terms of choice of further career.

 Commerce as a Springboard

 The very unique advantage of graduating in Commerce from one of the premier institutions on top of the list of commerce colleges in Mumbai is that it provides a unique springboard to careers that range from technology, to law, to management, to name just a few. The rigorous application base that commerce provides to young graduates also enables them to make their way into equally rigorous streams of further specialization.  CA and CS have long been seen as the natural progression to graduation in commerce, but specializations more in line with tech will get greater mileage.

Commerce graduates with expertise in technology stand to gain in terms of the kind of starting salary that is available. Entry-level salaries of data scientists average around 5 lakh per annum, which makes for a handsome initial offering. Those who choose to do MBAs will also earn equally well in terms of a starting salary. And, very obviously, these figures will only go up as you earn experience.

 All in all, a degree in Commerce enables a young person to expand their career possibilities much greater than most other graduations. Commerce is thus highly recommended as a career.

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