Science vs Commerce – Which is better? Career Scope, Jobs Salary
Science and Commerce are two different education streams or fields, from which students have to choose after completing their primary education. Both these fields have different career scopes and require different eligibility conditions. In general, there are three different streams that students have to select in their Class 11th and 12th and the stream cannot be changed. These streams are Science , Commerce and Humanities or Arts. Science and Commerce are the most popular, as most of the parents in India want their children to choose any one of them. The subjects, skills, and career opportunities in the Science and Commerce streams are completely different. The only common thing in these streams is the language option, which is English at a higher level. According to CBSE, more than 50% of students in their Class 11th choose Science as their first preference, followed by Commerce and Humanities.
In this article, we will give you a brief about Science vs Commerce and which is better for you.
Read also – Top 10 online shopping apps in India in 2024
Science vs Commerce: Highlights
Particulars | Science | Commerce |
---|---|---|
Subjects | Physics, Chemistry, Mathematics, Biology, Computer Science, Geography | Accounts, Economics, Mathematics, Business Studies |
Skills Required | Compilation, analysis and Critically Evaluation of Information | Communication, Leadership, Problem Solving, Taxation, Business Interest |
Career Opportunities | Scientist, Doctor, Engineer, Pharmacist, Aeronautical Engineer, Geologist, Astrophysicist | Chartered Accountant (CA), Company Secretary, Investment Banker, Personal Financial Advisor |
Degrees | BTech, BSc, BE, MBBS, BDS | BCom, BBA, Business Studies, Hotel Management, Stockbroking |
Top Institutions | IIT, NIT, IIT, BHU, Delhi University | IIM, SRCC, LSR, Hansraj College (DU) |
Science VS Commerce: Key Differences
Science and Commerce are two different fields of education, where individuals are offered career scopes and job opportunities in different fields. Science involves the scientific study of theories, models, experiments and physical situations. Commerce, on the other hand, involves financial, economic, organisational and technological elements included in the global marketplace, which are related to the business world. Students planning to pursue any of these fields must keep themselves updated about all the important developments taking place in their spheres of education.
Science VS Commerce: Subjects
At a basic level, Science includes subjects like Physics, Chemistry, Biology and Geology. Commerce includes Business Studies, Accounts and Economics. Maths and English are the only common subjects in both these fields. However, as the level of education increases, the names and details of these above-listed subjects also increase. The table below highlights the most popular subjects included in Science and Commerce.
Level of EducationScienceCommerce11th and 12thPhysics, Chemistry and BiologyBusiness Studies, Accounts, EconomicsUndergraduateUndergraduationZoology, Biochemistry, Biotechnology, Nursing, BSc MathematicsFinancial Accounting, Business Law, Taxation, Business Statistics, Business Management, Corporate AccountingPostgraduationApplied Psychology, Applied Statistics, Functional Analysis, Differential GeometryProduction Accounting, Entrepreneurship, MBA |
---|
Science VS Commerce: Salary
Science and commerce both offer a wide range of high-paying positions. Thus, in order to compare the salaries of science and commerce, you need to be aware of the highest paying positions in each of these academic fields.
Among the high-paying positions in commerce are those of investment banker, digital marketing manager, company secretary, human resource manager, and chartered accountant. The annual compensation in the commerce stream varies based on the job title and employer, but it typically ranges from 5 to 20 lakhs INR.
Among the many high-paying fields in the Science stream are computer science, engineering and technology, psychology, and medical sciences. The science stream pays between 3 and 5 lakh INR a year, with even more if you choose to work in fields like research, IT, or medicine.
Read also – Top Free Education Countries for Indian Students
Science VS Commerce: Career
Is science tougher than commerce? Choosing between the two most popular study streams in India, science and commerce, can be difficult. You can, however, determine where your true interests lie by examining the scope of Science vs. Commerce and making your selections accordingly.
Scope of Science
There are many different career options in the Science stream, depending on your degree’s specialisation. Among the top professions in the Science field are:
- Medicine
- Nursing
- Engineering: Mechanical Engineering, Civil Engineering, Geotechnical Engineering, Aerospace Engineering, Robotics, etc.
- Information Technology
- Forensic Science
- Biotechnology
- Pharmacology
- Architecture
Science and commerce fields are bound to have different salary prospects depending on the job profile and the company you work for, but because of their vast application, you can anticipate high-paying careers in the public and government sectors.
Scope of Commerce
Regarding commerce, you have the option of pursuing a career in academia or research as well as professional roles in the corporate sector, particularly in business and management. The top paying positions in commerce are listed below:
- Chartered Accountant (CA)
- Company Secretary (CS)
- Managerial roles
- Business Analyst
- Market Research
- Financial Manager
- Entrepreneur
- Investment Banker
- Business Development
- Corporate Communication
Science VS Commerce: Skills Required
Pursuing any level of education in any field requires us to possess a specific type of skills. For example, students planning to pursue an an MBA in their postgraduation must have skills like communication, strategic thinking, adaptability, time management, etc. In schools, students are encouraged to participate in extracurricular activities so that the graph of their non-academic skills increases.
Skills Required in Science
Here are 10 popular skills that Science students must develop to excel in their academicss.
- Observation
- Prediction
- Calculation
- Critical Evaluation
- Measurement
- Research Skills
- Creativity and Curiosity
- Technical Proficiency
- Patience
- Data Analysis
Skills Required in Commerce
Here are 10 popular skills that Commerce students must develop to excel in their academics.
- Communication Skills
- Leadership Skills
- Problem-solving Skills
- Accounting
- Business Interest
- Share Market
- Investment
- Taxation
- Financial Analysis
- Law
Why Choose Science?
The study of examining natural phenomena through observations and experiments is known as science. Science is the ideal career path for you if you’re curious about how the world works. Science includes intellectual disciplines that require close observation, such as physics, chemistry, and biology. There are many different opportunities available to you worldwide if you pursue a career in science.
Benefits of Studying Science
- Candidates who major in science are more employable because of its more practical foundation.
- One of the most popular careers today is engineering, which a student can only choose if they have a solid foundation in science.
- A STEM degree places you in a position where you can make a direct contribution to society.
- Only experts with superior scientific and technological knowledge can address and mitigate the effects of the changing climate and environmental changes.
Read also – How to Become a Pilot in India
Why Choose Commerce?
After class 10, students often choose to major in commerce because it provides access to a wide range of professional courses and opportunities. Is science harder to understand than commerce? is a question you may be asking yourself. The answer is that if you truly enjoy maths and have an interest in business and the economy, a career in commerce may be the best fit for you. Accounts, business, economics, and finance are among the subjects covered in commerce, and these subjects can help you explore a wide range of career opportunities in various fields.
Benefits of Studying Commerce
- Candidates with skills and knowledge can benefit from a career in commerce in addition to high salaries.
- Following a tenth grade education in commerce, career options are plentiful.
- Gaining insight into markets and customers can assist you in starting your own company.
- Easy employment opportunities without studying for hours, like in Science.
- There are plenty of career options in commerce without maths if you dislike maths and want to drop it from your education at a higher level!
- Following a commerce 12th grade, computer courses are also an option.
- Gain the opportunity to double your assets through stocks, funds, and shares.
Science VS Commerce: Courses After 12th
After completing Class 12th from a recognised institution, students are offered admission in specific courses. After completing Class 12th in Science, students are offered courses like BSc, MBBS, BTech, BE, etc. Commerce students are eligible for courses like BBA, BCom, Bachelor of Economics, LLB, etc. The table below highlights some of the most popular Science and Commerce courses after Class 12th.
Level of Education | Science | Commerce |
---|---|---|
Undergraduate | MBBA, BTech, BE, BSc, BOT (Occupational Therapy), Bachelor of Veterinary Science, Bachelor of Pharmacy, Bachelor of Homeopathic Medicine and Surgery (BHMS), Bachelor of Dental Surgery, etc. | Bachelor of Business Administration (BBA), Bachelor of Commerce (BCom), LLB, BCom LLB, Business Studies, Management Studies, Journalism and Mass Communication, Chartered Accountancy, Company Secretary, Bachelor of Hotel Management. |
Postgraduate | MSc in Biochemistry, Electronics, Mathematics, MSc in Artificial Intelligence, Biostatistics and Bioinformatics, Food Science, Microbiology, Biochemist, MSc Zoology. | MCom, MBA, Master of Technology Management, Master of International Affairs, Finance and Control, Marketing Technology |
Top Science and Commerce Universities/ Institutions
To have a secure and better career, students must pursue their higher education from reputed colleges or universities. There are several benefits of studying at top institutions as they offer quality education from reliable and factual sources, and they have an experienced teaching faculty who are determined to produce the finest brains, who will lead the country to new heights.
Top Science Institutions in India
- The Indian Institute of Technology (IIT)
- The National Institute of Technology (NIT) Bangalore
- The Indian Institute of Information Technology (IT)
- Hindu College (DU)
- Christ University
- Madras Christian College
- Indian Institute of Science
Top Commerce Institutions in India
- Lady Shree Ram College of Commerce for Women (DU)
- Shree Ram College of Commerce
- Loyola College, Chennai
- St. Joseph’s College of Commerce
- SVKM’s Narsee Monjee College of Commerce and Economics
2 thoughts on “Science vs Commerce – Which is better? Career Scope, Jobs Salary”