Brittany
In India, commerce education is often seen as the “backup plan” for students who don’t crack engineering or medical exams. But this mindset misses the bigger picture. Commerce isn’t just about balancing ledgers or memorizing tax rules—it’s the backbone of every business, government policy, and financial decision shaping our economy. From understanding GST to managing startups, commerce graduates play a vital role in India’s growth story. Let’s break down why this field matters more than ever.
Importance of commerce studies
1. Commerce opens doors you didn’t know existed
Forget the old idea that commerce means becoming a CA or accountant. Today, it’s about:
- Helping farmers get loans via mobile apps
- Teaching small shops to use digital payments
- Making sense of crypto and AI for regular folks
Every business needs someone who “gets” money. From your local kirana store to big tech firms, commerce grads keep things running.
2. Learn real-life money skills
Schools don’t teach you how to:
- Save for emergencies
- Spot fake GST bills
- Bargain better salaries
Commerce teaches you these important lessons. These skills help your family avoid loan sharks and make smarter money choices.
3. Start your own business 101
India’s startup wave needs commerce brains. Learn how to:
- Price products so you actually make profit
- Find gaps in the market (like better bus services for college students)
- Turn paan shops into mini supermarkets
You don’t need a fancy degree—just common sense and commerce basics to start your own business as a commerce grad.
4. Survive price hikes and job cuts
Commerce teaches you to:
- Read between the lines of budget speeches
- Protect savings during inflation
- Switch jobs before a company goes bust
These skills keep you employed when others panic while making you financially aware. You can plan ahead and prepare for economic downturns, while others may not think too far ahead.
5. Fix India’s money problems
Our country needs commerce grads to:
- Explain banking to villagers
- Simplify tax rules for small businesses
- Stop online payment scams
Your knowledge could help a street vendor get their first proper loan. Thus, your education lets you drive the nation forward.
6. Work anywhere—seriously
Commerce skills work in:
- Movie production houses (to take care of the finances and budget)
- Cricket teams (managing player salaries and sponsorships)
- Government (tracking where welfare scheme money actually goes)
From metros to small towns, money skills never go out of style. You can work anywhere and dictate your own terms.
7. Earn while studying
Commerce students often:
- Manage family shop accounts
- Tutor juniors in accounting
- Sell handmade products online
Extra cash means less education debt—and real-world experience. Even if you cannot get internships at large firms, by working at startups and local businesses, you can gain incredible experience while learning invaluable life lessons.
8. Go global, stay local
Indian commerce grads are wanted worldwide for:
- Cutting business costs creatively
- Understanding both corporate and street-side economics
- Bridging Western systems with Indian realities
But they still know the best local market deals. Thus, you get excellent career opportunities by studying and working in this field.
How NBFCs help
Small businesses often can’t get bank loans. Non-banking finance companies step in here. They offer quick loans to street vendors, small farmers, and home-based workers. Commerce grads design these loan plans, making money matters simpler for India’s backbone—small businesses. Thus, commerce students essentially help build the country’s economy while empowering the workforce, making them invaluable to the nation’s development.
Online marketplaces need you
Digital platforms don’t just need techies. They need commerce experts to handle seller payments, tax rules, and customer deals. Every time someone clicks “buy now”, there’s a commerce grad ensuring money moves smoothly behind the scenes.
How can you start small
You can put your commerce degree to use by:
Tracking home expenses for a month
Helping a neighbor shop go digital
Watching business news for 10 minutes daily
Final word
Commerce isn’t about textbooks—it’s about solving real money puzzles. Whether you’re helping a tea stall owner track daily sales or advising a big firm on taxes, you’re keeping India’s economy alive. Commerce grads make money work for people, not the other way around. In a country where 90% of businesses are small and informal, their role is crucial. With NBFCs supporting small businesses and online marketplaces creating new jobs, commerce skills matter more than ever. As the world shifts from “profit at all costs” to “purpose with profit”, commerce graduates will lead this balance.
