Tuesday, May 8, 2018

Courses after 12th Commerce



The courses under Commerce stream are gaining popularity now a days as the Commerce students have, compared to other streams,  wider choices for a bright career. However, knowingly or unknowingly the comparison with Science Stream always creeps in while considering the courses under Commerce Stream though the “should have” station is already left behind and in most of the courses the entry path is stream wise segmented.
In developing countries like ours, the prospects for a better career for commerce students also are becoming brighter due to following reasons:

1. The Monetary Economy has replaced Barter Economy
2. Even small people consider their vocation as a conduit to prosperity and not a means of sustenance which has broad based the economy.
3. The consumerism and materialistic approach to life are pushing the demands to satisfy “wants”, “comforts” and “luxuries” beyond “needs”.
4. Economy has already moved from Primary Sector (agriculture, mining, forestry, etc) to Secondary Sector (industry/manufacturing) and now moving to Tertiary Sector (Services – Financial, Retailing, Insurance, Travel, etc). This Sector provides lucrative job opportunities in large numbers.
5. Increasing say of the women in the society as an income earner, spender and decision maker.
6.  More money at the disposal of upwardly mobile young generation.
7. Change in the mind set of people – From “Save for Security in Future” to “Expend for Enjoyment at Present”.
8.  Increasing trend of online Shopping from gadgets to garlic.
9.  Ever increasing need of the people for tax planning in the face f ever spreading and tightening Tax Regime.
10.  Increasing liquidity with the people looking for informed investment decision.
11. There is growing demand from banks, insurance companies, audit firms, etc for bright commerce graduates.

Some readers might find the discussion of the above reasons not directly connected with the topic but it will be useful to students have to find a job after closing their college books.

Courses After 12th for Commerce Students (some courses needs ranking in Entrance Test):
The most sought after courses after 12th Commerce are:
   1.     Master of  Business Administration (Integrated )
   2.     Chartered Accountant (Foundation)
   3.     Company Secretary (Foundation)
   4.     L L B (Integrated – 5 years)
The students who do not want to take up / cannot take up the above course, would opt for:


       B  Com (the course selected by large chunk f students)


  •      BBA 
  •        BCA  
  •        B Arch 
  •        BA



The B. Com. Graduate can further pursue:


   1.  MBA
   2. CMA (previously called ICWA)
   3. CFA (After 4 years’ experience)
   4. MCA
   5.  MCM
   6. CA 
   7. CS
   8. LLB 
   9. B Ed



The BCA Graduate can further pursue:

1.  MCA  
     2. MBA 
     3. LLB   
    



Apart frm above popular courses, following are a few niche/ special Degree and Diploma / Certificate courses worth considering:
  •  Hospitality
  •  Animation and Multimedia
  •  Journalism and Mass Communication
  •  Event Management
  •  Fashion Design and Technology
  •  Hotel Management
  •  Actuarial Science (Science of assessing risk in insurance, finance, etc)   
  •  Certified Financial Planner

In my previous blog, I have dwelt upon the option of studying overseas after 12th. Though it is advisable to explore this option after graduation, option of studying overseas after 12th should not be ruled out altogether as it has also “Early Bird” advantage, particularly when the destination countries are tightening the rules in this regards day by day. Admission in overseas colleges requires proficiency test in English viz. IELTS/PTE/TOEFL. With banks’ liberal loan policy for overseas students and availability of part-time work in destination country finance may not a problem but securing required score in English proficiency test may pose challenge to students.
Another plus point for the students of Commerce is a practical use of academic knowledge if they venture into own business through launching a new Start Up or by taking up the reins of family business. Every business needs a commerce hand. Moreover, chances of commerce students making money out of the inventions made by the science students are higher than the latter themselves doing so.
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Tuesday, April 24, 2018

Career options after 12th Science - Group A


No sooner the Board exam is over than the students start revelling in fun and frolics. And before the euphoria settles down, the tension returns-the tension of the exam result coupled with entrance test and getting admission. No exaggeration meant, the students and parents whose goal is for a professional course are passing through an ordeal. Getting though the maze of admission process is quite tedious. Anyway, “When the going gets tough, the tough get going”. However, with commercialisation of higher education and increasing varieties of courses, the situation is softening. 

The 12th Science stream has two branches, rather, popularly two groups: Group A called Engineering (having PCM subjects) and Group B called Biology (having PCB subjects). 

The most popular Courses available to the Group A students who fulfils the criteria are as under:
B. E. /B Tech Degree Courses (Duration 4 years):

(Though the curriculum of B.E. and B.Tech. for a particular discipline is similar but the pedagogy (teaching method) is different. Generally, the colleges under a University offers B.E. Degree while the I.I.Ts. offers B.Tech. Degree.). Some time, the duration of B Tech course will be longer than B E course. 

·         Information Technology 
·        Computer Science
·         Electronics Engineering
·         Electronics & Communication Engineering
·         Electrical Engineering
·         Mechanical Engineering
·         Chemical Engineering
·         Civil Engineering
·         Energy and Environmental Engineering
·         Food Technology
·         Geology/Metallurgy/Mining
·         Dairy Technology
·         Instrumentation
·         Industrial / Production Engineering
·         Mechatronics
·         Automation and Robotics
·         Construction Technology
·         Nanotechnology
  
In addition to above Courses, following are the specialized B. E. degree courses offered by a few colleges/institutes:

  • Marine / Merchant Navy
  •  Automobile
  •  Aerospace / Aeronautics
  •  Petroleum
  •  Biochemical
  •  Bio-Medical
  •  Biotechnology
  •  Fire
  •  Printing
  •  Rubber, Plastic and Polymer
  •  Textile

The students who could not make it to the above courses or do not want choose, for one reason or the other, to join the above course would set their eye on following courses:
  •        B.C.A. (3 years)
  •        B Pharm (4 years)
The remaining students (which would be a very large chunk) can join the B. Sc. Degree (Duration 3 years). B. Sc. (Honours) degree is also offered with specialization in following discipline (Honours duration can be more than 3 years depending upon the college/university/institute):
  •  Physics
  •  Chemistry
  • Maths  
  •  Electronics
  •  Zoology
  •  Micro biology
  •  Botan
  •  Geology
  • Computer
  • Information Technology
  • Home Science
  •  Nutrition and Dietetics
  • Nursing
  • Forensic Science 
  •  Optometry 
  • Bio-medical
  • Occupational Therapy
  • Agriculture 
  • Horticulture
  • Forestry
  • Veterinary and Animal Husbandry
  • Fishery
  • Dairy / Food Technology
  • Fashion Design / Fashion Technology 

Changing the track from Science to Commerce:
If the students realize that he is wrongly stuck in Science stream (due to parents pressure or ill-informed decision), they can take up courses under Commence stream and can opt for following course:
·         BBA/BBM
·         B Com

There are certain courses / institute offering integrated courses leading to post graduate degrees. The pathway to post graduate degree helps the students in various ways. 

Generally, while discussing the courses after 12th, for that matter irrespective of the stream, studying overseas is not discussed. The topic of studying overseas after 12th is altogether a different ball game. It merits separate discussion. Here, the allusion is made just to hint at it so that it can be explored if someone (parent or student) is interested. For some students (may be limited in numbers) the option for moving to foreign country for study is not less than “a dream come true”. Now with bank’s liberal policy for overseas education loan, parent’s financial capacity is not so much important as the student’s capabilities in English Language are.   

Once the Board Exam result (and in some cases, coupled with, the Entrance Test result) is out, students and parents know where do they stand and what they can expect. However, the informed can get better choice than the ignorant and ill-informed. Leveraging the information for meaningful decision is the crux of choosing an appropriate course for better career.

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Wednesday, March 21, 2018

How to do Career Planning?

Career Planning after High school Education:

The vertical and horizontal growth of opportunities for a lucrative career has added a new facet of commercial considerations for choosing a particular path of education. Plethora of knowledge resources within  the fist, awareness of educational avenues, aspirations of the students and the expectations of the parents have built of a huge pressure on the tender mind of the children now a days. 

Importance of education is well accepted in regards to broadening the perspective to life, securing a better job in homeland or overseas countries, increasing the resourcefulness but the rankers are not necessarily so bright or lucky when it comes to “becoming rich”. Nonetheless, importance of good education cannot be underestimated as much as it provides a guarantee to better career prospects. Few years back, parents were not active in career planning of their children. 

This was a blessing in disguise for the children as they could decide, without any pressure from the parents, what career they want to pursue as per their ability and aptitude. They were less prone to stress and more willingly pursued their goal as the decision was their own – children cannot shift the blame to their parents if they fail to achieve the goal. Now the scenario is changed. Parents have ceased to be a mere advisor or supporter. They have become active and some time aggressive to thrust upon the children an education course to see the children in a position which they have been dreaming of all the years the child travelled from the cradle to a college. Parents have a legitimate right to dream about the career of their wards as they are deploying their hard earned money and still willing to sacrifice necessities of life for costly education. However, it would be better if the parents appreciate that “You can lead a horse to the water but you cannot make it drink”. 


Choosing a right career has become an important subject in itself and extracurricular activities for the students and has made the parents to keep abreast of educational options and job market. Suggesting specific courses for a particular stream, its eligibility criterion, education providers, fee structure, course duration, etc will be out of scope of the present blog for want of canvas. The blog focuses on general principles to be guided by while planning the career path by the students and parents. 

(I) Tips to students for choosing a career plan: 

  1.     Consider your inherent strength and aptitude in particular subjects and build on these strengths and aptitude. Lend thy ears to all, rake up the omniscient Google, attend the workshops and fair on career planning but nobody knows you better than you yourself. Be an informed and independent decision maker.
 
  2.     Do not get carried away by “Me Too” phenomenon. Each student has different strengths and financial support from the family. 

  3.     If you choose a career, though less lucrative,  which revolves around your strength and aptitude, you will achieve more at the end of your career if other achievements are also factored into, apart from pecuniary gains.

  4.     You would be a passionate professional if you practice a profession which is very close to your heart. 

  5.     Each stream (Science, Commerce and Arts) can open the avenues for a remunerative career, the only caveat is that you must have consistent bright performance in whatever course you are pursuing. 

  6.     Discussing the data on GDP may sound out of context to some of the readers but it is very germane to the issue of career planning when the outcome of your today’s decision is to be tested on the anvil of job market after 5 to 10 years. Ours is a huge country which needs not only good doctors, programmers and engineers bit also needs good teachers, bureaucrats,  accountants, designers, retailers, etc. Our economy has already moved from Primary Sector (Agriculture, Forestry, Fishery, Mining, etc) to Secondary Sector (industries) and now entered in to thriving Service Sector with 53.80% contribution in GDP (2016-17) with a growth rate of 8.90% (2016-17) – the highest among the three sectors of economy. The booming service sector in our country assures a decent job to aspiring youth who have equipped themselves with market oriented skills. 

  7.     If you are lucky to be a child of rich parents, getting admission, now a days, is a family matter of money and not that of your Mark sheet. As a student, you have to decide whether you are capable enough to run the academic race lasting for half a decade. If you do not withstand the arduous test, your parents will lose the money and more importantly, you will lose some valuable years which is a big loss one can never make good. 

  8.     All things said and done, “Man proposes, God disposes”. Keep your “Plan B” ready, in case your “Plan A” fails. If it happens, do not lose your heart, though easier said than done. The outcome of Plan B will not be less rewarding if you work on Plan B with same enthusiasm and perseverance which you have intended to apply for achieving your Plan A. 

  9.     “Earn while you learn“is very popular path in developed countries. No doubt, the concept is very useful in terms of financial support and gaining on-hand experience. However, practically all the followers of the concept gradually lose the focus on their education and drops out before reaching the Finish Line. Beware of this pitfall before you tread on this path. Money has greater attraction power than that education has.

(II) Tips to parents for choosing a career plan for their children: 

  1.     If your child has not performed well in the exam, choosing a good career plan will be difficult and costly too. However, do not scold your child. Bear in mind that you have no moral right to do so if you have not monitored the progress all the early years while the poor performance was brewing up - a very bitter statement for the parents to swallow. Under such scenario, not to give a vent to your feeling as a parent will be more prudent. If you do so, issue may flare up -locking the stable gate is of no use once the horse has run away.

  2.     Choosing a career plan is a ticklish job. Your child is already under pressure, particularly when the mark sheet is not so impressive. Discuss with him his choices and various options available as per his scores in exam. Spare time to consult other parents, students, relatives, and colleagues and gather information and share with your child. Spare time from you work to visit colleges along with the child, at least two – three colleges. Emotional support is as important as financial support. 

  3.     Give more weightage to the views and choice of your child than those of yours. 

  4.     Shed your parent ego. Advise him as a friend, not as an elder.  

 5.     Though higher education has become an industry where money as a factor of production is a means to get into it but may not give the outcome as you expect. Outcome depends on calibre and hard work of the children. 

  6.     Do not thrust your choice on your children even though you have sacrificed a lot and have great stake in their further progress. 

  7.     Do not get carried away by the fairy dreams of good career being shown by the advisors and sometimes, by the family members. Consider what is required for materialising the dream. Consider: Have you got the financial resources as a parent? And: Has your child got the mettle for the strenuous race as student.

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