Commerce is a division of economics and business. It is an interesting field of study. An Undergraduate course in commerce is a lucrative option for students in terms of career. However, choosing a specialized course after completing Undergraduate Degree increases the job placement chances. There are many short and long-term courses available. You can choose any of the courses depending upon your interest and convenience. Let us discuss some of the short courses that can be pursued after completing Undergraduate Degree course in the field of Commerce.
1. Emerging Finance Models in a Dynamic World
About the Course
This is one of the courses in the Commerce domain. The duration of the course is 2 weeks. Today the business world is very dynamic. This course aims at sharpening your skills and preparing you for the fast-changing world of business. The entire course of study will talk about real-life scenarios. You will also learn to build various kinds of financial models in Microsoft Excel. It also talks about setting up your own firm. The study also includes field visits to financial organizations in London, Amsterdam, and Norwich. This will help you in gaining professional insights. You can take up this course even after completing High School or Advanced Level of the General Certificate of Education. However, pursuing this course after completing the Undergraduate Degree is more rewarding.
Career Options after Completing the Course
After completing the course, you can start up your own company or join any financial institution as Financial Analyst or a Subject Matter Expert. This course gives you many opportunities to learn as it exposes you to real-life scenarios and helps you to excel in the financial world.
Where to Study?
Now let us figure out the learning destination for this course. This course is offered jointly by two universities namely:
- University of East Anglia, Norwich, England, United Kingdom
- Vrije Universiteit Amsterdam, Netherlands
The students who will take up this course will study in the University of East Anglia for a week and in Vrije Universiteit Amsterdam for the next week. The Netherlands and the United Kingdom are the best places to study any financial course, as they are well-known for their financial innovations.
2. International Trade and Migration
About the Course
This is a short course in the field of Commerce. The duration of this course id 3 weeks. One of the buzzwords in today’s finance world is ‘Globalization’. This course introduces the students to the business aspects of globalization. This course mainly talks about international trade and immigration. It also teaches you the concepts of economic analysis. If you have completed the first year of Bachelor or Undergraduate Degree, you are eligible to take up this course as summer school. The student need not complete the Bachelor or Undergraduate Degree in order to take up this course. However, it is more beneficial to pursue this short-term course after completing the Undergraduate Degree.
Career Options after Completing the Course
This course opens up multiple job avenues for a student. You can join Export Units or International Trade Regulatory Bodies. You also have options to work in Shipping companies or multinational financial institutions. If you are interested in research and education, you can also join these sectors.
Where to Study?
One of the best institutions that offer this course is University College London, United Kingdom. Financial aids like scholarships are also available if you are interested to pursue this course.
3. Financial Accounting
About the Course
This course comes under the Accounting domain. The duration of this course is 8 weeks to 6 months depending on the college or university. Few of the colleges and universities also offer an online course. However, the online courses also include tutorials and schools. In addition, each student has a tutor assigned. The tutor caters to all sort of queries related to the course. Students who are taking up online courses are encouraged to attend the tutorials and schools. If you want to build a career in the accounting field, this is the best course for you. This course teaches you the fundamentals of the audit, accounting, and bookkeeping. You will learn how to prepare and analyze financial statements. It also focusses on business law and corporate governance. A student can take up this course after completing the first year of Undergraduate Degree or Level 1 of Open University.
Career Options after Completing the Course
This course also provides you with numerous work opportunities. After completing the course, you can join the Banking and Finance sectors as Business Analyst, Compliance Officer, Banking Trade Analyst, Cash Management Operator and Market Risk Analyst.
Where to Study?
The best study destinations for this course are:
- The Open University of United Kingdom, United Kingdom
- Harvard Business School, Boston, United States of America
4. Sage 50 Accounts and Payroll Diploma
About the Course
‘Sage’ is a very popular accounting software. It is well-known throughout the world. A large number of organizations throughout the globe uses it. It is an online course with a duration of 12 months. After completing this course, you will be able to manage all kinds of financial accounts using ‘Sage’. You will also be able to produce financial reports. This course makes you a master of this software. After completing the Undergraduate Degree in Commerce, you can join this course to increase your working knowledge in the field of accounting software. Any student above the age of 17 can take up this course but a basic knowledge of accounting is always advantageous as it helps the student in understanding the accounting concepts better and completing the course successfully.
Career Options after Completing the Course
This course opens the door for multiple job opportunities as it adds the working knowledge of ‘Sage’ to your profile. After completing this course, you can work as a Payroll Clerk, Office Manager, Payroll Administrator, Account Assistant or a Bookkeeper. You also have the opportunity to join multiple industries like Banking, Finance, Hospitality, and Healthcare.
Where to Study?
Global Edulink offers this online course. It is the best platform for certification courses and online learning in the United Kingdom. Continuing Professional Development (CPD) accredits this course. This means that this course meets the required standards and benchmarks.
5. Accounting
About the Course
This is a short course in the field of accounts. The duration of this course is 3 weeks to 1 year depending on the educational institute. This course teaches the basic Principles of Accounting, Financial Control, Business Analysis, and Valuation. As a Commerce student, you can take up this course if you want to hone your accounting skills and concepts.
Career Options after Completing the Course
After successful completion of this course, you will have an opportunity to work in multiple industries or sectors as Finance Officer, Assistant Accountant, Commercial Analyst, Accounts Officer, and Payroll Administrator. The remuneration is also as per market standards.
Where to Study?
The best educational institutions that offer this course are:
- American National University, United States of America
- London School of Economics and Political Science, London, United Kingdom
London School of Economics offers summer schools for students who have completed the first year of Undergraduate Degree. It offers the best-known course in this field.
6. Accounting for Managers and Entrepreneurs
About the Course
It is an accounting domain course. The duration of this course is 8 weeks. This course focuses on analysis of financial statements. The students will learn about accrual concepts of accounting, inventory valuation, capital assets depreciation, and financial planning. It also talks about managerial decision making that can earn a profit for the business entity. This is a summer school course. Therefore, if you have completed the first year of Undergraduate Degree, you can opt for this course.
Career Options after Completing the Course
This course gives you a deeper understanding of the financial and accounting concepts. You can successfully work in any of the banking and finance sectors. You can also start your own company. You can also join other sectors as finance professionals.
Where to Study?
Stanford University, California, United States of America offers this course as summer school. This course should be one of the choices for students interested in finance and accounting career.
7. Money and Banking
About the Course
This is a financial domain short-term course with a duration of 8 weeks. This course aims at teaching students about the entire financial system that includes money, financial markets and financial institutions like banks. It is a very informative course and makes your foundation strong in finance. You can complete this course during or after completing your Undergraduate Degree.
Career Options after Completing the Course
As an Undergraduate pass out, after completing this course successfully, you can start working as a Cash Management Operator, Collections Analyst, Credit Analyst, Order Management Analyst and Revenue Analyst. You can also join the banking sector as a Relationship Manager.
Where to Study?
Stanford University, California, United States of America offers this course as summer school. This is one of the most popular universities that offer this course.
8. Risk and Insurance
About the Course
This is a short-term course in the financial risk management category. The course duration is 7 months. This course focusses on the insurance domain. It talks about risk control, the operation of the insurance industry, different types of insurances and the basic principles of risk management and insurance. It is a very comprehensive and informative course.
Career Options after Completing the Course
This course opens up avenues for you to work in the insurance sector. You can join any of the insurance companies and work as an Account Manager, Actuarial Specialist, Bid Analyst, Chief Underwriter, Claims Officer and Insurance Compliance Analyst. You can also join the insurance division of other industries.
Where to Study?
St. John’s University in New York, United States of America offers this course. It is a very rewarding course. The insurance sector is highly competitive and the professionals are in high demand too.
9. Data-driven Financial and Risk Econometrics
About the Course
This course in the field of finance is for a duration of 8 weeks. It mainly teaches about financial models, analytics and risk measures using statistics. You can also study this course after completing the first year of Undergraduate Degree in Commerce.
Career Options after Completing the Course
As this course gives you a deep insight into analytics and financial modeling, you can join financial firms as Analyst. You can also work in the stock exchange and other companies that deal with financial instruments. The other options are to work as a Risk Management Consultant, Chief Risk Officers, and Risk Analyst in the Finance and Banking sectors.
Where to Study?
Stanford University, California, United States of America offers this course. This course is a good option for students who want to pursue a career in the field of Banking and Finance.
10. Budgeting and Finance for Public Libraries
About the Course
This online course aims at teaching the financial functioning of a library. The course duration is 1 month. It will help you make and read financial reports and plan a budget for the library. This is a very interesting course in the niche field. If you are interested in finance and accounting and at the same time love the company of books, this course is the best choice for you.
Career Options after Completing the Course
This course gives you an in-depth knowledge of the financial workings of a library. After completing this course, you can join any state or private library as a finance professional. You can also provide your services as a freelancer.
Where to Study?
EdX offers this course online in collaboration with the University of Michigan, Detroit, United States of America. It is one of the most trusted platforms for online courses. Apart from the courses mentioned above, ACCA and CA are two other interesting courses that can be pursued after completing Graduation in Commerce. ACCA stands for Association of Chartered Certified Accountants. It is an international qualification that is recognized across the globe. This course opens up job opportunities for you across the globe. Some of the best institutions that offer this course are Symbiosis College of Arts and Commerce (Pune), Stratagem Financial School (Hyderabad), Christ University (Bangalore), and London School of Business and Finance (London). CA stands for Chartered Accountancy. This course talks about taxation, auditing, accounting and financial planning. This course offers exigent and fulfilling job opportunities. The best institute to pursue CA in India is ICAI (Institute of Chartered Accountants in India).
Conclusion
We have already discussed the huge platter of courses. Choose the ones that appeal you the most. All these courses will definitely enhance your skills and improve your employment opportunities. Commerce is the call of today’s employment world. You have already made a good decision by choosing Commerce at Undergraduate level. Now it is time to add the jewel to the crown by making the right choice in terms of these short courses.