- Telangana Government is introducing “ACE” (Accounts, Commerce, Economics) in Intermediate this year.
- Commerce students have many opportunities in the industrial and commercial sectors.
- Gopu Venkata Narasimha Rao, Correspondent and Principal, Khammam Study Circle
“Khammam Study Circle” is a renowned name in Commerce education. Its Correspondent and Principal Gopu Venkata Narasimha Rao, has become synonymous with Commerce. It’s often said, “G.V Narasimha Rao means Commerce … and Commerce means G.V Narasimha Rao.” Since 1986, for over 35 years, he has laid the foundation for a golden future for thousands of students. Many students who studied at this institution are now earning salaries in lakhs per month.
G.V Narasimha Rao’s dedication and persistence in bringing a unique recognition to this educational institution are commendable. It’s no exaggeration to say that he has brought recognition not just to the college but to the subject of “Commerce” it self in Khammam. Even in these days when the demand for Commerce is dwindling, he is successfully running his institution. Besides he is also maintaining a WhatsApp group with his present and erstwhile students numbering more than 900. He used to give clarifications to their doubts on personality development and moral issues. The students who completed in his organization are working as CEO and general managers in various companies. In this context, “Prime Post” had a chat with ‘The Commerce Crusader G V Narsimha Rao.
Prime Post: Despite many opportunities for employment in the industrial and commercial sectors, why are students not showing interest in “Commerce” courses?
G.V Narasimha Rao: There are two or three reasons for this. The parents of these students lack proper awareness about these courses. They constantly focus on making their children pursue Engineering or Medicine. They believe that their children’s future will only be bright if they pursue Science courses. They are unable to realize that pursuing Commerce can also lead to a good job and livelihood. The managements of various schools are also steering students and parents towards the Science stream. Students only turn to Commerce courses when they fail to secure seats in Engineering or Medicine. In our neighboring states, Maharashtra, Karnataka, Tamil Nadu and Delhi and Uttar Pradesh students are given awareness about the Stock Exchange right from their school education. As a result, they develop an understanding of the industrial and commercial sectors from their student life. Consequently, more students join Commerce courses at the Intermediate and Degree levels.
Prime Post: Some say that Commerce students also don’t get good opportunities. Is that true?
G.V Narasimha Rao: That is not correct. There are many opportunities for those who have completed Commerce. Students who study Commerce in Intermediate can pursue many professional courses like CA, CS, CMA, ACCA, etc., and earn money in lakhs per month. Those who have only learned Tally are earning at least Rs. 20,000 per month. Wherever there is an industry, their need is there. Wherever there is business, they are needed. Wherever there is income, they have work.
However, many Commerce students study only enough to get passing marks in Intermediate. They follow shortcut methods for this. They are not studying the subject by thinking logically. If they learn Commerce with logical thinking, they will have excellent opportunities. Only about 3 to 4 percent of students learn that way. The rest of them study only according to the exam pattern. That is why they are unable to seize employment opportunities, and not because of the Commerce courses themselves.
Prime Post: In these times when students and parents are rushing towards Science courses, is there any possibility of an increase in the demand for Commerce courses?
G.V Narasimha Rao: Currently, the number of students studying Commerce in private colleges in the district is less than 200. Some are studying in Government colleges. Now, this number is likely to increase. This is because employment opportunities in the software sector are declining. On the other hand, the industrial sector in the country is recovering. Now, there is a great need for people who have completed Commerce and Management courses. Therefore, the demand for these Commerce courses is also likely to increase in the coming time. From the next academic year, the Telangana government is going to introduce a new Commerce course called “ACE” (Accounts, Commerce, Economics) in Intermediate, along with the existing MEC and CEC Commerce courses. Chief Minister Revanth Reddy has taken this decision, recognizing the importance Commerce courses will have in the future.
Prime Post: Is it true that combining Commerce courses with subjects like AI, Data Analytics, and Digital Marketing increases employment opportunities? Are there already any such integrated courses available in Commerce?
G.V Narasimha Rao : Yes, you are absolutely right. Integrating courses like AI, Data Analytics, and Digital Marketing with Commerce greatly boosts job opportunities. Today’s business world is data-driven, so having these technical skills makes Commerce graduates valuable in finance, marketing, and e-commerce roles. Many Indian universities have already recognised this trend. They now offer specialised degrees like B.Com in Data Analytics, or integrated programs focusing on FinTech and AI. Even regular B.Com students can take up add-on professional certifications in Digital Marketing or Business Analytics to improve their chances of getting good jobs.
Prime Post: Which professional courses can Commerce students pursue after Intermediate, and what are the employment opportunities?
G.V Narasimha Rao: The ACCA course can be completed simultaneously while pursuing a Degree. It takes about two and a half to three years to complete. The salary in India ranges from Rs. 6 lakhs to 12 lakhs, and in other countries, it is from Rs. 20 lakhs to 40 lakhs.
After that, if one studies Certified Public Accounting (CPA), the salary in our country isRs. 7 lakhs to 15 lakhs, and in other countries, it can be 60 thousand dollars.
The Chartered Financial Analyst (CFA) course can be completed in 2 to 4 years. The salary here is Rs. 8 lakhs to 20 lakhs, and in other countries, it is 70 thousand dollars.
If you pursue the Financial Risk Management (FRM) course, you can get Rs. 8 lakhs to 18 lakhs here, and 90 thousand dollars in other countries.
The Environmental Social and Governance (ESG) course takes 6 months to complete. If you study this, the salary in our country is Rs. 6 lakhs to 15 lakhs, and 80 thousand dollars abroad.
The Enrolled Agent course takes 6 to 10 months. Those who complete this course can earn a salary of Rs. 5 lakhs to 10 lakhs in India, and 50 thousand dollars in other countries.
Certified Management Accountant (CMA) course can be completed in 6 to 12 months. The salary in India ranges from Rs. 6 lakhs to 12 lakhs, and in other countries, you can earn 70 Seventy Thousand Dollars.
Certified Financial Planners (CFP) course is also completed within 6 to 12 months. The salary in India is up to Rs. 10 lakhs, and abroad, it is around 60 Sixty Thousand Dollars. This course can also be done online. This course (CFP) is available at “Priyadarshini” College in Khammam.
Deputy Editor, Prime Post
With an illustrious career spanning 29 years in the dynamic field of journalism, Anand Gantela is a seasoned professional who has made significant contributions to both print and electronic media. His wealth of experience reflects a deep understanding of the ever-evolving landscape of news reporting.
VERY GOOD INFORMATION