BUSINESS MATHEMATICS AND STATISTICS

PROJECT

AWARENESS ABOUT CAREER

OPPORTUNITIES AMONG THE STUDENTS OF
COMMERCE

SUBMITTED TO: SUBMITTED BY:

MR. VINOD KUMAR SMRITI

B.COM- 1

SEC-A

ROLL NO.-2
INTRODUCTION

Career awareness is one of the most crucial factors in your life, which needs no emphasis. It
is important at least for two reasons. First, whether you opt for a career in jobs or prefer to be
on your own, you must appreciate that there is fierce competition for getting a space in the
world of work. Remember the old adage, “Survival of the fittest”. Second, in view of new
developments primarily triggered off by the information technology (IT) and globalisation of
the economy, there are now more options than ever before.

There are few issues that every student in his/ her academic lifetime has to deal with. They
are: 1. When is the right time to plan your career? 2. What factors determine the choice of
career? 3. Do these questions haunt you? & 4. Do you know about career planning? Each one
has to take these decisions is his life. For a dream career, we need- - Right Planning - Proper
Guidance - Hard work Careful Planning can result into wonders. This work begins right from
SSC/ HSC/ Graduation. It includes proper understanding of individual likings, academic
potentials, attributes, talents, personal interest, personality, value expectations, and resources
available and its utility as well as their optimum use, etc

CAREER PALNNING

Career planning should be preceded by two steps:

1.  Assess your strengths and weaknesses, likings, aptitudes and interests.

2.  Gather as much information as possible about the various educational opportunities and
choose one that conforms to your assessment.
Career After Graduation

Graduation is a watershed in one’s career as rest of the professional life of an individual is

guided by what career he/she chooses after graduation. Though a lot depends on the personal
taste and choice of an individual, there are various career options after graduation.

As there are many career options available to a graduate, he may have some confusion to
choose the right one. Career awareness can help one to choose the right path.

There are many options available for commerce students. Following are some of the current
courses available:-

Sales and Marketing

Growing consumerism has thrown up a lot of opportunities in sales and marketing. Graduates
can directly join as sales and marketing executives in several companies be it food and
beverage, manufacturing, IT or other service providers. With the development of e-commerce
telemarketing is also a good option. Here earning is very lucrative which includes salary,
allowance and also commissions.

Management

MBA is the most promising career option after graduation. It throws up jobs in the fields of
finance, personnel management, sales-marketing and international business. Graduates have
to qualify entrance test like CAT/XAT/MAT/FMS/IIFT/SNAP conducted by the concerned
institutes. Remuneration of management graduates ranges from Rs 25,000 to Rs 1 lac per
month or even more depending upon qualification and experiences. 

CS/ CA/ CFA/CWA

After graduation one can enter into professional courses like CS/ CA/ CFA/CWA. Such
courses are offered by several institutes in India. After completion of courses one can work in
public and private sectors bank, industries, MNCs, corporate houses, media houses and with
many more organizations. These professional are highly required in the cut throat competitive
economy thus their remuneration is very high. After some year of experience one can also
start consultancy in this field.

Law
Graduates also can start their career as a legal professional. After completion of LLB/LLM
courses they can work as lawyer or legal consultants. They also can join judicial services by
qualifying competitive exams conducted by public service commissions. They can also work
independently as a consultant in legal matter. Here remuneration is quite lucrative after
having some purposeful experiences.

Banking & Finance

Career options in banking are abundant as it is one of the fastest growing services in India.
Banking and Finance offers graduates jobs in public and private sector banks, insurance
companies and stock exchanges. The awaiting jobs for graduates in this sector includes
Probationary Officer, Clerk, Accountant, Auditor, Development Officer, insurance agent and
stock brokers. Through competitive exams one can enter into bank’s jobs.

NEED FOR STUDY

Which Way To Go?

Choices are always good… …only if you know what to make out of them. Many career
options, various career paths and conflicting choices obscure the process of making a right
decision. So in this fast changing world, how to be sure of which one is best for you?
Therefore arises the need for career awareness.

Career Prospects
After completing course in the field of commerce, a student can join any private or
government organization as a specialist in any of the streams of commerce, such as
economics, accountancy or work as management executive, accounts executive, junior
accountant or pursue a career in auditing or banking.

Institutes Offering
Some of the top commerce colleges in India are Shri Ram College of Commerce (SRCC)
Delhi, Loyola College (Chennai), St Xavier's College (Kolkata), Presidency College
(Chennai), Symbiosis Society's College of Arts & Commerce (Pune), St. Joseph's College
Bangalore, Narsee Monjee College, BM College of Commerce (Pune) and st.xaviers
,Mumbai
 CAREERS AVENUE COMMERCE
If You Choose Commerce ,
You will be studying subjects like Economics, Accountancy, Book-Keeping,
Secretarial Practice, Mathematics, Commerce, etc.
Competitive Examinations after School
Law, Bachelor of Business Studies, Language Courses (5 Yrs), Hotel
Management, National Defence Academy, Fashion Designing, CA
(Foundation), CS (Foundation), SAT/TOEFL, GRE
Diploma Courses
Accountancy, Commercial Dep., Book-Keeping and Accountancy,
Programming (Computers)

After Graduation

Employment Post Graduation Professional Competitive

Opportunities Training Examinations
M.Com.
Management Executives Business ICWA Banking
Accounts Executives Economics Chartered SSB/Air Force
Junior Finance Control Accountant Accounts
Accountants/Auditors MA Economics Financial Analyst Civil Services
Book Keepers MA Operational Law Life Insurance
Entrepreneurship/Own Research Statistics Masters in Corporation
Business Computer Combined
Applications Defence Services
Mass Master in
Communication Business Admn
Journalism
Bachelor of
Education
Foreign Trade
Marketing
Foreign Language
Company Secretary
ship

OBJECTIVES
1. To determine the awareness about career opportunities in commerce among the students.

2. To determine the preferences of students regarding various courses in commerce.

3. To study whether students are satisfied with their current courses.

4. To determine whether students are aware about career opportunities in abroad.

5. To study involvement of students in career exploration activities.

INFORMATION REGARDING RESEARCH

Sample size- It refers to the number of respondents that we choose to carry out our research
project. In our case the number of respondents is 50 and the respondents chosen are college
students.

Source of data- It is a primary source of data. The data was collected through
Questionnaires.
DATA ANALYSIS
AND
INTERPRETATION

GENDER
 STUDENTS NUMBER

MALE 23

FEMALE 27

GENDER

Males
46% Female

54%

INTERPRETATION-Out of 50 respondents 23 respondents are male and 27 are female.

ANNUAL HOUSEHOLD INCOME OF RESPONDENTS

 Household income in lacs No. Of Students
1-3 11
3-5 25
5-7 12
More than 7 2

ANNUAL HOUSEHOLD INCOME OF THE FAMILY

4%

22%

24%
1-3 lac (Rs)
3-5 lac(Rs)
5-7 lac (Rs)
more than 7 lac(Rs)

50%

INTERPRETATION- 50% of the respondents have the annual household income of 3-5
lacs Rs followed by 24% in 5-7 lacs and so on.

QUALIFICATION OF RESPONDENTS
 QUALIFICATION NO.OF RESPONDENTS

UNDERGRADUATE 37

GRADUATE 11

POSTGRADUATE 2

Qualification of Respondents

22% 4%

Undergraduate
Graduate
Post Graduate

74%

INTERPRETATION-74% of the respondents are undergraduate followed by 22% graduates

and 4% post graduate.
 AWARENESS AMONG STUDENTS ABOUT CAREER
OPPORTUNITIES IN COMMERCE
STUDENTS RESPONSES

YES 37

NO 13

AWARENESS AMONG STUDENTS ABOUT CARRER OPPORTUNITIES

26%

YES
NO

74%

INTERPRETATION- The above graph indicates that 74% of the respondents are fully
aware about career opportunities in the field of commerce.
 PREFERENCES OF STUDENTS AFTER COMPLETING GRADUATION

RESPONSES
HIGHER EDUCATION 40

JOB 10

PREFERENCE OF STUDENTS

20%

HIGHER STUDIES
JOB

80%

INTERPRETATION- The above graph indicates that 80% of the students want to go for
higher studies after graduation and 20% opted for job.

MOST PREFERRED COURSES

M.COM 14
 INVESTMENT BANKING 13
MBA 27

PGDM 15
CS 20
RISKMANAGEMENT 35

CA 22
COMPUTER COURSES 13
CFA 10
WEALTH MANAGEMENT 23
ICWAI 14

MOST PREFERRED COURSES

35
30
25
20
15
10
5
0
OM
G BA DM CS EN
T CA SE
S A T AI
K IN M R CF EN W
M
.C N PG EM U EM IC
T BA AG CO AG
N R N
EN M
A
UTE M
A
T M K P H
S S
VE RI M LT
IN CO EA
W

INTERPRETATION- The above graph shows that the best course for commerce students in
their opinion is MBA and Risk management followed by PGDM, CA, CS. CFA is the least
preferred.

MOST PREFERRED CAREER OPPORTUNITY

 RESPONSES
BANKING 170
INSURANCE 136
BANKING 161
FINANCE 204
ACCOUNTING 224
COMPUTER 155

MOST PREFERRED CARRER OPPORTUNITY

250

200

150

100

50

0
Banking Insurance Taxation Finance Accounting Computer

INTERPRETATION- The above graph indicates that the most p[referred career opportunity
for commerce students is accounting, finance and banking. Insurance is the least preferred.

INVOLVEMENT OF STUDENTS OF CAREER EXPLORATION ACTIVITIES

 STUDENTS RESPONSES

YES 16

NO 34

INVOLVEMENT IN CAREER EXPLORATION ACTIVITIES

32%
YES
NO

68%

INTERPRETATION- The above graph shows that most of the respondents i.e 68% never
engaged in career exploration activities.

WHETHER COURSES AND CAREER OPPORTUNITIES OFFERED

BY UNIVERSITIES ABROAD ARE BETTER
 STUDENTS RESPONSES

YES 34

NO 16

BETTER CAREER COURSES & CAREER OPPORTUNITES

IN ABOARD

32% YES
NO

68%

INTERPRETATION- The above graph shows that 68% of the respondents think that there
are better courses and career opportunities offered by universities abroad.
 QUESTIONNAIRE

Hello, my name is Smriti Gautam. I am a student of DAV College Chandigarh. I am carrying

out a survey on Awareness about career opportunities for the students of commerce. You are
one of the chosen respondents to contribute in this survey. All information specified by you
will be kept back secret and will only be used for research purpose.

1. What is your academic qualification?___________________________________________

2. Are you satisfied with your current course?

YES  NO 

3. Are you fully aware of the career opportunities for commerce students?

YES  NO 

4. After completing graduation what would you prefer?

Higher education  Job 

Any other(please mention)___________

5. Which post graduation course would you prefer after graduation? (You can tick more than
one)

M.COM  MBA 

Masters in management studies (MMS)  MCA 

Master in financial management (MFM)

Any other please mention) ____________

6. Do you think job opportunities in commerce are higher than any other stream?

YES  NO 
7. What are the best courses for commerce students in your opinion?(you can tick more than
one)

M.Com  Investment banking 

MBA  PGDM 

CS  Risk Management 

CA  Computer courses 

CFA  Wealth Management 

ICWAI  Any other(please mention)___________

8. On the basis of your preference rank the following career opportunities.

__ Banking

__ Insurance

__ Taxation

__ Finance

__ Accounting

__ Computer

__ Any other (please mention)______

9. Do you think there are better courses and career opportunities offered by the universities
abroad for the commerce students?

YES  NO 

10. Have you ever engaged in specific major/career exploration activities( like
workshops/lectures on career awareness)?

YES  NO 
Name: __________________________________________

Gender: □ Male □ Female

Age (in years): □ Below 18 □ 18-25 □ 25-30

Qualification: □ Undergraduate □ Graduate □ Post graduate

□ Any other, please specify _____________

Annual household income of your family (in Rs)

□ 1-3 lac □ 3-5 lac □ 5-7 lac □ more than 7 lac

 FINDINGS AND CONCLUSION

74% of the respondents are fully aware about career opportunities in the field of commerce.

80% of the students want to go for higher studies after graduation and 20% opted for job.

The most preferred career opportunity for commerce students is accounting, finance and
banking. Insurance is the least preferred

The best course for commerce students in their opinion is MBA and Risk management
followed by PGDM, CA, CS. CFA is the least preferred.

68% of the respondents think that there are better courses and career opportunities offered by
universities abroad

68% of the total students never engaged in career exploration activities and have never
attended any workshop or lectures on career awareness.
As there are many career options available to a graduate, he may have some confusion to
choose the right one. Career awareness can help one to choose the right path. The above
survey thus throws some light on awareness among students regarding various career
opportunities and shows that 74% of the students are aware of various opportunities in the
field of commerce. Almost all the students want to go for higher studies.

There are many options available for commerce students. Following are some of the current
courses available:-Sales and Marketing, Law,CS/ CA/ CFA/CWA,Management Banking &
Finance. But the best and the most preferred among students are MBA,PGDM,CA and CS

Most of the respondents think that there are better career opportunities offered by universities
abroad.

Though 68% of the students never engaged in career exploration activities but their responses
shows that most of them are satisfied with their current courses and are aware of various
opportunities.

Students can now opt for job-oriented vocational subjects at the first degree level available in
selected colleges affiliated to many universities. Another recent development has been the
diversification of courses, professional in nature, at the first-degree level itself, although the
number is institutions offering such course is still small. International postgraduate
programmes of five-year duration after 10 + 2 in commerce are being introduced by some
universities

Whatever course you may select, you should put in your best efforts, which would surely lead
to the path of success.