What is commerce?

Commerce as a stream of education can be defined as a study of trade and business activities such as the exchange of goods and services from producer to final consumer. The main subjects that are taught in the Commerce stream in Class 11 and 12 include Economics, Accountancy and Business Studies. Choose this field if you have a genuine interest in these subjects and have an affinity for numbers, the economy and business.
The important subjects taught in the school curriculum of 11th and 12th are Economics, Accountancy, and Business Studies. Students are advised to choose this field if they have an affinity for numbers and have more interest in business and economy.

Subjects in Commerce after 10th

• English – Will mostly include fiction and nonfiction lessons and you will be expected to answer questions from the stories you read in your textbooks. Additionally, there would be some letter writing, essays, article writing, note making etc – the basic you need to know to work in an office later on.
• Accounting – Accountancy is a branch of mathematical science that is concerned with the financial information about a business entity to users such as shareholders and managers. The financial communication that is studied under the subject is generally in the form of financial statements that show in the terms of money the economic resources under the control of the management. Studying accountancy enables a student to learn and discover the various causes of successes and failures of different business enterprises
• Business Studies – A subject essentially to be applied in your whole life. It will introduce you to the concepts of marketing, finance, organizational behavior and business world. From now on to MBA – to consulting or investment banking – you’ll essentially be going deeper and deeper into these concepts introduced now. The main areas of study in the subject include business organizations, their various features, structure and functioning, marketing, operations management, human resource management, etc
• Economics – This subject which will teach you why the world works in a certain way in very simple terms. You’ll learn what is demand, supply, their interplay, the business systems, consumer behavior, production concepts, cost concepts and everything in between. You’ll also familiarize yourself with concepts of growth, development, poverty, inequality and governance. Economics has two broad branches – micro-economics, where the unit of analysis is the individual agent, such as a household or firm, and macro-economics, where the unit of analysis is an economy as a whole.
  
• There’s the excitement that comes from discovering new things, and being on the cutting edge of knowledge. Just think how cool it is when you are responsible for discovering something new, that no one in the history of the world has ever known before. Choosing science is not only a greatest opportunity for contributing for tomorrow but also a chance to show hope for mankind.
• The contribution of science is vital to ensure the survival of our planet by developing new or alternative solutions for everything we do from waste disposal to fuel production. With things like gene therapy, MMR vaccines, nuclear power, oil depletion, genetically modified foods, bird flu and global warming, future scientists have a fascinating and crucial role to play.
• Science and Mathematics provide students with highly relevant skills that are applicable to almost any workplace. They offer a flexible foundation enabling students to attain highly respected and well paid jobs and guarantee them a secure future.
• Engineering (IITs, NITs, BITS), Medical (AIIMS, MAMC) or Basic Sciences (IISc), there are world class institutes in India where you can pursue higher education.