Published: 17 Jan 2025 | Reading Time: 3 min read
Studying abroad after 12th Commerce can be an overwhelming decision when selecting the right course. However, focusing on high-salary fields opens up numerous opportunities. Commerce provides a strong foundation in Economics, Management, Business, Finance, and Accounting. Many universities abroad provide top-notch education in these fields, often at affordable prices. Scholarships are also available for brilliant students, expanding the list of courses after 12th Commerce with the potential of higher salary.
There are several compelling reasons to consider studying abroad after completing 12th Commerce:
You can explore numerous universities specializing in management, accounting, finance, and business. You might find exceptional programs that are not accessible in your native country.
You can experience various cultures and teaching styles. This global outlook will make you a more well-rounded expert.
You can pursue specialized certifications and programs unavailable at home. This makes you a more desirable applicant in the industry.
An international degree adds value to your resume. Most companies value intercultural skills and global exposure.
Here is a comprehensive list of top destinations abroad for pursuing commerce education after 12th:
| Country | Top Colleges (QS World University Rankings) | Courses |
|---|---|---|
| United Kingdom | • Manchester Business School (41st) • Warwick Business School (67th) • University of Oxford Said Business School (10th) • London Business School (3rd) |
• International Business • Accounting • Finance • Management • Business Administration |
| United States | • MIT (5th) • Wharton School of the University of Pennsylvania (6th) • Harvard Business School (1st) |
• International Business • Marketing • Accounting • Finance • Business Administration |
| Germany | • ESMT Berlin (151st - 200th) • Mannheim Business School (101st - 150th) • TUM School of Management (47th) • WHU – Otto Beisheim School of Management (51st - 100th) |
• Entrepreneurship • International Business • Management • Finance • Business Administration |
| Singapore | • LKCSB (45th) • Business School (NTU NBS) Singapore Management University (19th) • Nanyang Technological University Nanyang (15th) • NUS Business School (12th) |
• Analytics • Marketing • International Business • Finance • Business Administration |
| Australia | • Monash Business School (36th) • University of New South Wales (34th) • University of Melbourne (30th) |
• Accounting • International Business • Marketing • Finance • Business Administration |
Selecting the right course and university requires careful consideration of several factors:
Your career aspirations should guide your choice of specialization. For example, if you're interested in finance, look for universities that have strong finance programs. Research the course curriculum to check whether it fits with current and future industry trends.
A university's reputation makes all the difference to the quality of education and opportunities. Consider the following:
Studying abroad is bound to be expensive, so budget planning is crucial:
Research universities with strong placement records and connections with top recruiters in commerce fields like accounting, business analytics, or marketing. Look into:
A university's location can impact your lifestyle, networking opportunities, and even internships. Urban campuses can offer more industry exposure, but quieter locations are more affordable. Strike a balance between cost and opportunities once you graduate.
Many universities offer exchange programs or partnerships with institutions in other countries. Such programs can provide global exposure.
To study foreign courses after 12th Commerce, you need to pass one of these exams:
Proper planning is essential before applying to abroad courses after 12th Commerce:
Having the right documents is a must for a successful application. Common requirements include:
Carefully read the application guidelines provided by each university. Make sure to follow the specified formats for documents and pay close attention to deadlines.
Most universities charge a non-refundable application fee. Research the fee structure in advance and pay through acceptable methods like credit cards, bank transfers or online payment gateways.
After submitting your application, stay alert by regularly checking your email and the university's application portal. Universities often communicate additional requirements or updates, such as interview invitations or missing documents.
While waiting for results, begin preparing for the next steps:
The process is daunting for some people so you can seek professional help online or in your city to get things done. However, be careful to thoroughly vet the service.
Abroad studies can be costly, but there are scholarships and financial support programs to aid you in accomplishing your dreams:
Some celebrated universities grant merit-based scholarships. Students with brilliant performance and marks can obtain this scholarship.
Many countries' governments offer monetary help for international students.
Organisations like the Tata Trusts grant scholarships for Indian apprentices.
This program allows you to do part-time jobs and earn money.
Securing a student visa is extremely important and is the next step for your Commerce study abroad:
Get an admission letter from your chosen university.
Submit crucial documents like academic records, passports, and proof of finances.
Prepare carefully for questions regarding your study plan.
The final step is to pay the visa application fees.
Adjusting to a new country can be difficult but also thrilling in many ways:
You can seek homestays, shared rooms, or dormitories.
You can improve your experience by participating in local activities to feel relaxed and at home.
Keep tracking your outlays for study materials, travel, and food.
There are abundant career paths to explore after completing your studies abroad:
Show your global experience in your resume for better international job opportunities.
You can find some of the most high-paid jobs in fields like accounting, entrepreneurship, and investment banking. Some sought-after positions include:
| Job Title | Average Salary (USD) |
|---|---|
| Investment Banker | $100,000 - $150,000+ |
| Chartered Accountant | $60,000 - $120,000 |
| Management Consultant | $90,000 - $120,000 |
| Corporate Lawyer | $150,000 - $250,000+ |
| Data Scientist | $80,000 - $180,000 |
| Financial Analyst | $70,000 - $120,000 |
| Marketing Manager | $75,000 - $120,000 |
| Tax Manager | $90,000 - $150,000 |
You can use your international network to start your own business.
There are some challenges you might face after studying abroad:
It is the most common issue. You can resolve this issue by frequently connecting with your family and friends.
You can easily overcome the problem of cultural differences by learning local customs and embracing diversity.
Prevent the language barrier by improving your language skills.
You can manage your finances by creating a budget and following it.
There are plenty of abroad courses for Commerce students and the time is right to invest in one and start your career path. Going abroad after 12th is not just about getting an education; it's about growing professionally and individually, exploring new cultures, and stepping into a world of many opportunities. This article outlines some of the considerations before you make your decision. Be sure to also talk to your mentors and network with others who have already done what you are planning online to get a bigger perspective.
The best way is to seek reasonable living options, work-study programs, and scholarships.
You can seek destinations like the UK, USA, Singapore, Australia, and Canada.
You must pass entrance exams like the SAT, TOEFL, country-specific tests, ACT, and IELTS.
Yes. Many governments and universities provide financial help programs and scholarships to aid your education.
BBA, B. Com, and BMS are some of the finest degrees.
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