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Admin 23 Nov, 2022 0 Comments

Science vs Commerce: Which stream is better? Salary, Scope, Courses

Class 10th students who are heading to choose a stream among the three options gets confused. Science, commerce and arts. According to a news article, students mostly eager to go for Science and commerce. So, the query rises in students mind is that what to choose science or commerce, which stream is better? What are courses that can be chosen, the other job scopes and salary outcome? These are some frequently asked questions among students.

 

Both the stream differs from each other, there offerings and courses are totally different from each other.

 

                                                                                                                                Talking about science stream

 

Science stream gets students into medical, engineering, scientist or other technical fields. The main 3 subjects that are offered to students are Physics, Biology, Chemistry. The other subject which are offered as optional are Mathematics, IP. Botany, zoology, etc. are some sub-optional subjects which rarely institutions offers. The science stream all-over focuses on medical sciences, natural science, technical science, bio-med science or etc.

 

The courses which are offered in science stream are:-

 

  • BE/B.Tech- Bachelor of Technology
  • B. Arch- Bachelor of Architecture
  • BCA- Bachelor of Computer Applications
  • B.Sc.- Information Technology
  • B.Sc- Nursing
  • BPharma- Bachelor of Pharmacy
  • B.Sc- Interior Design
  • BDS- Bachelor of Dental Surgery
  • Animation, Graphics and Multimedia
  • B.Sc. – Nutrition & Dietetics
  • BPT- Bachelor of Physiotherapy
  • B.Sc- Applied Geology
  • BA/B.Sc. Liberal Arts
  • B.Sc.- Physics
  • B.Sc. Chemistry
  • B.Sc. Mathematics

 

These are the bachelor degree courses after class 12th science stream and the same is offered in master degree as well. The medical fields like BDS, MDS, MBBS, etc. are different and medical courses studies can be done after certain entrance exams.

 

Scope after science stream class 12th

 

The science stream has a wide range of scope after class 12th as a science student can even go to CA or LLB after a certain period of studies but a student from Arts or Commerce cannot go for any bachelor degree like B.Sc. or BDS or any science degree. The science stream has a better salary outcome. Employability is improved by the steadily rising need for engineers and physicians. As technology develops, new professions such as artificial intelligence (AI), machine learning, and data science are emerging. These professions have high incomes and great demands. Enhances your intellectual and problem-solving abilities, both of which are essential for a successful profession. The fields of machine learning, artificial intelligence, robotics, data science, and many others are creating a wealth of new professional options. Following the COVID-19 epidemic, the medical sector is experiencing increased demand. As per the reports, due to a dearth of employment possibilities and intense competition, more than 45% of science students are still without a job after completing their study.

 

Salary Packages in science stream

 

You can earn quite substantial income packages in careers related to the science stream. The primary cause of students' obsession with the science stream is this.

  • Average salary estimates that the median machine learning pay in India is at Rs. 700,000 per annum.
  • In Medical field, the average MBBS has around 20-25 lac package p/a. Although in the medical field different specialist’s salary ranges low to high as 15-50 lac p/a.

 

As through this we can conclude that each field in science stream has a high and good salary package.

                                                                                                                                                 

Coming over commerce stream

 

Accountancy, Economics, and Business Studies are the three key courses you will study in class 11 commerce. You will study about accounting principles, the foundations of economics, and the essentials of business and how it operates, like the title implies. Students must be numerate and analytical to succeed in the commerce programme. Additionally, they must to be able to relate the theories they have learned to actual circumstances. One biggest feature of commerce education programs is that a degree raises your profile without tying you to a certain career path. For instance, you can complete your graduation while still enrolling in the CA course. After obtaining your CA degree, you are not required to work under any company or any institution; instead, you can open your own CA firm. You can still take banking examinations if you have taken a management course.

 

The courses offered in commerce stream

 

  • B.B.A (Bachelors of Business Administration),
  • M.B.A (Masters of Business Administration)
  • B.com (Bachelors of Commerce)
  • CA (Chartered Accountancy)
  • Banking
  • Investment Banker
  • Marketing Manager
  • CMA (Certified Management Accountant)

 

Also, there are many more faculties that can be opted with commerce; Retail Manager, Product Manager, Digital Marketing Manager, Personal Financial Advisor, Business Accountant & Taxation, Research Analyst, Chief Executive Officer, and many more.

 

Scope after commerce stream class 12th

 

The commerce stream goes with a long variety of fields as mentioned above. There are several professional prospects available for those who desire to pursue a career in the field of commerce. Candidates can pursue several career profiles depending on the path they choose. Candidates can find a variety of entry-level or junior level positions in Accounting, Commerce, Banking, and Finance as well as allied sectors like Junior Accountant after completing a UG level course in the subject of Commerce. The candidates can pursue employment in the BFSI sector, choose to teach or lecture, or pursue research after completing PG level courses in commerce. Holders of PG degrees in commerce have a variety of employment opportunities in the public, private, and governmental sectors. In India, the hiring rate for bachelor's in commerce graduates was about 39% in 2022, a slight improvement from previous years. A B. Com degree is frequently the minimal required for employment in the commerce stream. In 2022, the job rate for female commerce graduates was above 65 percent, which is relatively high compared to men who hold the number at 45%.

 

Salary packages in commerce stream courses

 

  • In initial days, when CA’s starts as an intern, their salary lies between INR 250,000-300,000 p/a, in the starting months. The top most reputed company over Delhi, Gurgaon, Bangalore, Hyderabad, Noida, etc. offers around INR 14-15 lacs p/a. This salary is provided to CA’s after almost 4 years of their practice
  • Investment Banker have around package of Rs. 26 lakhs per year.
  • Certified Public Accountant earns Rs.7-9 lakhs per year
  • In Actuary the salary lies between Rs 10-14 lakhs per year.

 

This a rough data gathered from different news articles, the actual salary depends upon certifications, skills and studies.

 

Which stream is better?

 

Each student will receive a different response. As some aspire to be doctors, engineers, or pilots, several students desire to be business owners, CPAs, investors, bankers, etc. While some students may prefer physics, chemistry, or biology, others may prefer accounting, economics, or BST. But it is undeniable that the future is bright for both the Commerce and the Science streams. So, while taking into account all the aspects listed here, including the disciplines, careers, salary, scope, benefits, and difficulty level, students should select between science and commerce optimally. When deciding on the ideal career path for oneself, students must keep their passions and areas of interest in mind. Choose the subjects that fascinate you and have more potential for your career rather than blindly following everything.

 

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