Highest Paid Jobs For Commerce

1. Chief Executive Officer (CEO):

Salary: Rs. 24 Lakhs per annum

A chief executive officer (CEO) is the highest-ranking executive in a company. Their primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors and corporate operations, and being the company’s public face. A CEO is usually elected by the board and its shareholders.

2. Chartered Accountant (CA):

Salary: Rs. 6-7 Lakhs per annum

Chartered Accountancy involves the management of finances for an organization, a business, or even the government. It includes managing financial accounts, budgeting, auditing, business strategy, and taxation. Chartered accountants are in high demand because every person or company needs someone to manage their finances. As a CA you have the freedom to work for an organization or as an individual and offer your services to people who need them. Chartered Accountancy is one of the most famous career paths in India. Although it is difficult, it takes a lot of hard work and dedication to achieve it. You need to pass multiple exams to achieve that title. However, if you do manage it, this profession offers a great career path along with a good salary. Becoming a CA gets you the respect of all the people around you but without maths, it is not possible.

3. Investment Banker:

Salary: Rs. 9-10 Lakhs per annum

An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments, or other organizations.This field is quite popular because it pays well. However, there is a disadvantage to this. The hours you need to work are long and tiresome. Everything comes with a price, right? Investment bankers must have excellent number-crunching abilities and strong verbal and written communication skills.

4. Marketing Manager:

Salary: Rs. 6-7 Lakhs per annum

A marketing manager handles the marketing of a business or product. They can either be responsible for several services or products or be in charge of a single product. Marketing managers need to have an outgoing and spontaneous personalities. Along with these traits, they need to be highly focused, detail-oriented, and very conscientious of meeting budget restraints and timelines.

5. Cost Accountant:

Salary: Rs. 4 Lakhs per annum

Cost Accounting deals with various types of costs like variable cost, fixed cost, opportunity costs, and so on. Cost accounting is mostly used by manufacturing industries and businesses to determine the total cost incurred by a company. Although it is a branch of accounting, it is different from financial accounting. Cost accountants are primarily responsible for collecting, validating, and communicating data for financial transparency and process improvements. They are responsible for initiating the month-end closing and reporting processes, which they, in turn, submit to management. They set standard costs of business processes such as labor, shipping, production, and administration.

6. Company Secretary:

Salary: Rs. 6-7 Lakhs per annum

A certified company secretary is hired to see the legal aspects of a company. They are responsible for ensuring the smooth administration of the company. A CS is capable of taking his/her company to great heights with their capabilities and knowledge of expertise in corporate law. They are responsible for completing the company’s tax returns, keeping records, advising the board of directors, and ensuring that the company complies with legal and statutory regulations.If the company does not appoint a company secretary, these important responsibilities must still be met.

7. Human Resource Manager:

Salary: Rs. 7-15 Lakhs per annum

Human resource managers are the overseers of the human resources department. They are often seen as the link between an organization’s management and its employees. Human resource managers are responsible for ensuring that the overall administration, coordination, and evaluation of human resources plans and programs are realized. Their essential job responsibilities include :

(1) Developing and administering human resources plans and procedures that relate to company personnel.

(2) Planning, organizing, and controlling the activities.

(3) Actions of the HR department and contributing to the development of HR department goals, objectives, and systems. There are many job opportunities for a human resource manager.

8.Certified Public Accountant:

Salary: Rs. 7-9 Lakhs per annum

A certified public accountant (CPA) offers financial statement audits and other attestation services to help inform investors about the financial health of organizations. They provide individuals and families with valuable knowledge and advice on taxes and financial planning.

Along with extensive education and after passing the exams they must also commit to lifelong learning and adhere to a strict Code of Professional Conduct that requires competence, objectivity, integrity, and independence.

9. Research Analyst:

Salary: Rs. 3-5 Lakhs per annum

A research analyst is a professional who prepares investigative reports on securities or assets for in-house or client use. The work conducted by the research analyst is to inquire, examine, find or revise facts, principles, and theories for internal use by a financial institution or an external financial client. The report an analyst prepares entails the examination of public records of securities of companies or industries, and often concludes with a "buy," "sell" or "hold" recommendation.

10. Chartered Financial Analyst (CFA)

Salary: Rs. 12 Lakhs per annum

A chartered financial analyst (CFA) is a worldwide recognized professional designation.

It is given by the CFA Institute. The CFA institute was formerly the AIMR (Association for Investment Management and Research). The CFA measures and certifies the competence and integrity of financial analysts. Becoming a chartered financial analyst (CFA) can benefit individuals looking to advance their careers in finance. Finance professionals can pursue a variety of certifications, but CFA certification proves one of the most cost-effective options.

The CFA charter designation represents one of the highest levels of recognition financial professionals can earn in the field of investment management.