Top 10 Accounting and Commerce Entrance Exams in India

Commerce is the backbone of any industry and especially in a developing nation like India. Right from internal to external trade, commerce is the base pillar. With time, the demand for students with commerce backgrounds has only increased. The degree of B Com and higher studies opens up your scope for a bright career as a CA, jobs in the banking sector, the hefty earning job of financial analyst, accountant, marketing manager, and so on. 

For most of these career paths, you must have a strong foundation in B Com courses. There are various entrance exams for commerce students after 12th that further give you a myriad of career options. Check out more about the commerce entrance exams in this blog by Sunstone.

Best Entrance Exams After 12th: Commerce

To pursue higher education with commerce as your forte subject, you need to clear one of the leading commerce entrance exams. Amidst the rush of your board exams, you might get confused about which career option can be your best bet. So, here Sunstone has tried to bring to your notice some of the leading entrance exams after the 12th commerce

• CA CPT Exam (Chartered Accountant Common Proficiency Test)

As the name suggests, this is one of the top exams for students who have a keen interest in their future as a CA. Undoubtedly, a Chartered Accountant is one of the highest paying and most prestigious jobs. The exam is conducted twice a year by ICAI in April and October. All those who are eligible for the exam after the 12th can apply

• NMIMS-NPAT

Narsee Monjee Institute of Management Studies (NMIMS) is the conducting authority of NPAT. By qualifying for this test, a candidate can get admission into prestigious NMIMS constituent colleges in various states. This exam shortlists candidates for both bachelor and postgraduate courses. 

• CMA Entrance Exam

Cost Management Accountant (CMA) is a management course of 4 years. Every year, The Institute of Cost Accountants of India conducts the CMA exam twice, in June and December. There are a total of three courses- Foundation, Intermediate, and Final courses. As per the eligibility, a student can apply for these courses

• CSEET (CS Executive Entrance Test) 

Those who are looking forward to a career as a CS (Company Secretary) in India must know about the CS Executive Entrance Test (CSEET). Conducted by the Institute of Company Secretaries of India, students passing CSEET can pursue 9 months course in CS Executive Programme

• CUET (Central Universities Common Entrance Test)

All the central universities of India have adopted the CUET model for taking admission to various undergraduate and postgraduate courses. For MCom and B Com courses, students can appear for CUCET and get enrolled in their ideal university 

• SET (Symbiosis Entrance Test)

MBA is a prestigious degree and is a gateway to leading MNCs. The interesting course duration and career path attract millions of students every year. Symbiosis International University is one ideal attraction for many. To get enrolled in an MBA after BCom, you need to clear your Bcom and appear for the SET. The test is conducted online in various cities in the country

• IAI ACET

The job of an Actuary is to analyse the financial risk and associated consequences. To become an Actuary, one must clear the exams by enrolling in a recognized university. For this, the Institute of Actuaries of India conducts ACET (Actuarial Common Entrance Test) thrice a year to shortlist the deserving candidates

• IPMAT

Management courses have gathered colossal attention, and all for good reasons. Aspiring candidates who wish to join leading MNCs and bring a change in the economy of the country can look for MBA courses after Bcom. IPMAT is one such entrance exam conducted by IPU (Indraprastha University) to shortlist candidates for its 5-year integrated management course

• St. Xavier's Admission Test

St. Xavier's College also offers undergraduate and postgraduate courses for students with a commerce background. The admission test conducted by the college gives you the option to pursue Bachelor of Management Studies, BCom courses, and so on

• Other Courses

Commerce students are not limited to pursuing only commerce courses after the 12th. They can look forward to other fields as well like law, management, general competitive exams for government jobs, etc. So, depending on your preference, you can choose a path

Conclusion

Commerce is a vivid subject with a vast range of career options. Accountancy, finance, management, analytics, human resources, etc. Are various branches of this subject. Once you complete your 12th class, the most crucial decision to make is to choose a career path and you may have to choose between different options such as BCom vs BSc or BCom vs BBI. Analyse your interest and accordingly plan your career. Get into your ideal college by qualifying for the entrance exam and work hard for a bright future. 

About Sunstone

Sunstone is a leading higher education services provider that works with academic institutions in upskilling students for employability. Sunstone offers career-oriented training interventions for undergraduate and postgraduate students at 30+ institutions across 25 cities.

Sunstone’s training programs are industry endorsed to enhance employability. These programs are designed for hybrid delivery with an unparalleled focus on soft skills and personality development. Sunstone’s focus is to provide students with a holistic educational experience.

FAQ - Commerce Entrance Exam

• Which entrance exam is best for commerce? 

Stating any one exam as the best entrance test for the field of commerce cannot be true for every student. The best exam for a student depends on their career plans and preferences. 

• Which exam can a commerce student give?

A commerce student can give all the exams after completing class 12th except those for medical and engineering. Any commerce student can pursue BCom, B.A, law, management, etc.

• Is commerce easy to study?

Any subject is easy, and any subject can be tricky. The more you study, the better you understand a subject and the easier it becomes for you. Only after ample practice and understanding can you get a hold of the