Commerce jobs list and salary per month featuring top career opportunities, average monthly income details, and expert insights for finance and accounting roles.
Explore our comprehensive commerce jobs list and monthly salary guide, showcasing top-paying careers in finance and accounting. Expert recommendations highlight roles such as accountants, financial analysts, and auditors, detailing average monthly salaries to help you choose a rewarding career path in commerce, ensuring financial stability and long-term professional growth.
Embarking on a career in commerce opens a gateway to a multitude of professional avenues, each offering distinct roles, responsibilities, and remuneration. Understanding the landscape of commerce-related professions and their corresponding salaries is crucial for aspiring individuals aiming to carve a successful path in this dynamic field. This comprehensive guide delves into various commerce careers, providing insights into job roles and average monthly salaries to assist you in making informed career decisions.
1. Chartered Accountant (CA)
Role Overview: Chartered Accountants are pivotal in managing financial systems, auditing accounts, and providing strategic financial advice. They ensure compliance with financial regulations and play a critical role in financial reporting and taxation.
Average Monthly Salary: Entry-level CAs can expect to earn between ₹50,000 to ₹83,000, with potential increases as they gain experience and expertise.
2. Investment Banker
Role Overview: Investment Bankers facilitate complex financial transactions, including mergers, acquisitions, and the issuance of securities. They provide strategic advice to clients on investment opportunities and capital raising.
Average Monthly Salary: Starting salaries range from ₹83,000 to ₹125,000, reflecting the high stakes and demands of the role.
3. Certified Public Accountant (CPA)
Role Overview: CPAs offer a range of accounting services, including auditing, tax preparation, and financial planning. They possess a globally recognized certification that signifies expertise in accounting principles.
Average Monthly Salary: CPAs typically earn between ₹58,000 to ₹75,000 at the start of their careers.
4. Marketing Manager
Role Overview: Marketing Managers develop and implement strategies to promote products or services, aiming to increase market share and drive sales. They analyze market trends and coordinate marketing campaigns.
Average Monthly Salary: Entry-level Marketing Managers can anticipate earnings between ₹33,000 to ₹58,000.
5. Data Analyst
Role Overview: Data Analysts interpret complex data sets to identify trends and insights that inform business decisions. They utilize statistical tools and software to analyze and visualize data.
Average Monthly Salary: Starting salaries for Data Analysts range from ₹33,000 to ₹66,000.
6. Company Secretary (CS)
Role Overview: Company Secretaries ensure that an organization complies with legal and regulatory requirements. They act as a liaison between the company and its stakeholders, overseeing corporate governance practices.
Average Monthly Salary: Entry-level CS professionals can expect to earn between ₹41,000 to ₹66,000.
7. Cost Management Accountant (CMA)
Role Overview: CMAs specialize in financial management, focusing on budgeting, cost control, and performance evaluation. They provide insights that aid in strategic decision-making to enhance profitability.
Average Monthly Salary: Starting salaries for CMAs typically range from ₹41,000 to ₹58,000.
8. Product Manager
Role Overview: Product Managers oversee the development and lifecycle of a product, from conception to launch. They collaborate with cross-functional teams to ensure the product meets market needs and aligns with business objectives.
Average Monthly Salary: Entry-level Product Managers can anticipate earnings between ₹83,000 to ₹183,000.
9. Actuary
Role Overview: Actuaries assess financial risks using mathematics, statistics, and financial theory, primarily in the insurance and finance sectors. They develop models to predict future events and help design policies that minimize risk.
Average Monthly Salary: Starting salaries for Actuaries range from ₹75,000 to ₹87,500.
10. Human Resource Manager
Role Overview: HR Managers oversee recruitment, employee relations, and organizational development. They ensure compliance with labor laws and develop policies that foster a positive work environment.
Average Monthly Salary: Entry-level HR Managers typically earn between ₹41,000 to ₹58,000.
11. Financial Analyst
Role Overview: Financial Analysts evaluate financial data, study economic trends, and assess investment opportunities to guide business decisions. They prepare reports and forecasts to support strategic planning.
Average Monthly Salary: Starting salaries for Financial Analysts range from ₹41,000 to ₹66,000.
12. Tax Consultant
Role Overview: Tax Consultants assist individuals and businesses in understanding and complying with tax laws. They provide advice on tax planning, prepare tax returns, and represent clients in dealings with tax authorities.
Average Monthly Salary: Entry-level Tax Consultants can expect to earn between ₹25,000 to ₹50,000.
13. Auditor
Role Overview: Auditors examine financial records to ensure accuracy and compliance with laws and regulations. They identify discrepancies, assess financial operations, and provide recommendations for improvement.
Average Monthly Salary: Starting salaries for Auditors typically range from ₹33,000 to ₹50,000.
14. Budget Analyst
Role Overview: Budget Analysts help organizations develop and manage financial plans. They analyze budget proposals, monitor spending, and provide insights to ensure financial efficiency.
Average Monthly Salary: Entry-level Budget Analysts can anticipate earnings between ₹41,000 to ₹66,000.
15. Portfolio Manager
Role Overview: Portfolio Managers make investment decisions and manage investment portfolios on behalf of clients. They develop strategies to achieve financial goals and monitor market conditions to adjust portfolios accordingly.
Average Monthly Salary: Starting salaries for Portfolio Managers range from ₹75,000 to ₹150,000.
Conclusion
The commerce field offers a diverse array of career opportunities, each with its unique set of responsibilities and financial rewards. From roles in accounting and finance to positions in marketing and human resources, the potential for professional growth and lucrative earnings is substantial. As you consider your career path, assess your interests, strengths, and long-term goals to choose a profession that aligns with your aspirations. Continuous learning and staying abreast of industry trends will further enhance your prospects in the ever-evolving commerce landscape.
Embarking on a career in commerce opens a gateway to a multitude of professional avenues, each offering distinct roles, responsibilities, and remuneration. Understanding the landscape of commerce-related professions and their corresponding salaries is crucial for aspiring individuals aiming to carve a successful path in this dynamic field. This comprehensive guide delves into various commerce careers, providing insights into job roles and average monthly salaries to assist you in making informed career decisions.
1. Chartered Accountant (CA)
Role Overview: Chartered Accountants are pivotal in managing financial systems, auditing accounts, and providing strategic financial advice. They ensure compliance with financial regulations and play a critical role in financial reporting and taxation.
Average Monthly Salary: Entry-level CAs can expect to earn between ₹50,000 to ₹83,000, with potential increases as they gain experience and expertise.
2. Investment Banker
Role Overview: Investment Bankers facilitate complex financial transactions, including mergers, acquisitions, and the issuance of securities. They provide strategic advice to clients on investment opportunities and capital raising.
Average Monthly Salary: Starting salaries range from ₹83,000 to ₹125,000, reflecting the high stakes and demands of the role.
3. Certified Public Accountant (CPA)
Role Overview: CPAs offer a range of accounting services, including auditing, tax preparation, and financial planning. They possess a globally recognized certification that signifies expertise in accounting principles.
Average Monthly Salary: CPAs typically earn between ₹58,000 to ₹75,000 at the start of their careers.
4. Marketing Manager
Role Overview: Marketing Managers develop and implement strategies to promote products or services, aiming to increase market share and drive sales. They analyze market trends and coordinate marketing campaigns.
Average Monthly Salary: Entry-level Marketing Managers can anticipate earnings between ₹33,000 to ₹58,000.
5. Data Analyst
Role Overview: Data Analysts interpret complex data sets to identify trends and insights that inform business decisions. They utilize statistical tools and software to analyze and visualize data.
Average Monthly Salary: Starting salaries for Data Analysts range from ₹33,000 to ₹66,000.
6. Company Secretary (CS)
Role Overview: Company Secretaries ensure that an organization complies with legal and regulatory requirements. They act as a liaison between the company and its stakeholders, overseeing corporate governance practices.
Average Monthly Salary: Entry-level CS professionals can expect to earn between ₹41,000 to ₹66,000.
7. Cost Management Accountant (CMA)
Role Overview: CMAs specialize in financial management, focusing on budgeting, cost control, and performance evaluation. They provide insights that aid in strategic decision-making to enhance profitability.
Average Monthly Salary: Starting salaries for CMAs typically range from ₹41,000 to ₹58,000.
8. Product Manager
Role Overview: Product Managers oversee the development and lifecycle of a product, from conception to launch. They collaborate with cross-functional teams to ensure the product meets market needs and aligns with business objectives.
Average Monthly Salary: Entry-level Product Managers can anticipate earnings between ₹83,000 to ₹183,000.
9. Actuary
Role Overview: Actuaries assess financial risks using mathematics, statistics, and financial theory, primarily in the insurance and finance sectors. They develop models to predict future events and help design policies that minimize risk.
Average Monthly Salary: Starting salaries for Actuaries range from ₹75,000 to ₹87,500.
10. Human Resource Manager
Role Overview: HR Managers oversee recruitment, employee relations, and organizational development. They ensure compliance with labor laws and develop policies that foster a positive work environment.
Average Monthly Salary: Entry-level HR Managers typically earn between ₹41,000 to ₹58,000.
11. Financial Analyst
Role Overview: Financial Analysts evaluate financial data, study economic trends, and assess investment opportunities to guide business decisions. They prepare reports and forecasts to support strategic planning.
Average Monthly Salary: Starting salaries for Financial Analysts range from ₹41,000 to ₹66,000.
12. Tax Consultant
Role Overview: Tax Consultants assist individuals and businesses in understanding and complying with tax laws. They provide advice on tax planning, prepare tax returns, and represent clients in dealings with tax authorities.
Average Monthly Salary: Entry-level Tax Consultants can expect to earn between ₹25,000 to ₹50,000.
13. Auditor
Role Overview: Auditors examine financial records to ensure accuracy and compliance with laws and regulations. They identify discrepancies, assess financial operations, and provide recommendations for improvement.
Average Monthly Salary: Starting salaries for Auditors typically range from ₹33,000 to ₹50,000.
14. Budget Analyst
Role Overview: Budget Analysts help organizations develop and manage financial plans. They analyze budget proposals, monitor spending, and provide insights to ensure financial efficiency.
Average Monthly Salary: Entry-level Budget Analysts can anticipate earnings between ₹41,000 to ₹66,000.
15. Portfolio Manager
Role Overview: Portfolio Managers make investment decisions and manage investment portfolios on behalf of clients. They develop strategies to achieve financial goals and monitor market conditions to adjust portfolios accordingly.
Average Monthly Salary: Starting salaries for Portfolio Managers range from ₹75,000 to ₹150,000.
Conclusion
The commerce field offers a diverse array of career opportunities, each with its unique set of responsibilities and financial rewards. From roles in accounting and finance to positions in marketing and human resources, the potential for professional growth and lucrative earnings is substantial. As you consider your career path, assess your interests, strengths, and long-term goals to choose a profession that aligns with your aspirations. Continuous learning and staying abreast of industry trends will further enhance your prospects in the ever-evolving commerce landscape.
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