IEC International

Business / Commerce

About Business / Commerce

A business management degree covers the process of organizing and managing a company’s resources, including staff, revenue, information, and more.

Business management is the process of planning, organizing, directing, and controlling the activities of a business or organization to achieve its goals and objectives. It involves overseeing all aspects of a business, from finance and operations to marketing and human resources.Commerce is defined as the exchange of goods and services between two or more entities. It typically involves buying and selling things of value. Commerce can take place between businesses, between consumers, or between businesses and consumers.

Course Options After Business Management

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Few Programme Options After Business / Commerce

Financial Planning

Financial Planning is one of the major planning that is required to be conducted by the management. Financial Planning includes all the activities which are related to the procurement of funds, investing those funds, and the return expected from the investment done. Financial Planning also ranges from tax planning which is an important activity. This planning is very important for a business to function; in this regard we have initiated the discussion on this topic ‘Financial Planning’ which is to be studied in greater detail. The scope of this topic is vast hence for a conceptualized study this is to be referred to.

International Business Management

In today’s interconnected economy, businesses are being conducted on a global level, and thus organizations need to understand international business operations. For the same, national and international organizations are increasingly looking for candidates who are competent to manage cross-cultural difficulties and think globally. So, obtaining a credential in international business opens the doors of exciting opportunities for students as the demand and scope of global business management are immense. The post mentions all the details that you need to know about international business management courses.

Global Business

The Global Business Management graduate program provides an internationally-focused body of knowledge and skills for individuals interested in extending their business understanding beyond the domestic environment. The curriculum emphasizes the skills and knowledge necessary to operate in different roles within international cultural, legal and political contexts. This broad-based program will explore the field of management both in theory and through practical applications considering different organizational lenses. Graduates will be eligible to apply for the FITT (Forum for International Trade Training) diploma, and the CITP (Certified International Trade Professional) designation (subject to one year of work experience).

Human Resources Management

The purpose of HRM practices is to manage the people within a workplace to achieve the organization’s mission and reinforce the corporate culture. When people management is done effectively, HR managers can help recruit new employees who have the skills to further the company’s goals. HR professionals also aid in the training and professional development of employees to meet the organization’s objectives. A company is only as good as its employees, making HRM a crucial part of maintaining or improving the health of the business. Additionally, HR managers monitor the state of the job market to help the organization stay competitive. This could include ensuring compensation and benefits are competitive, events are planned to keep employees from burning out and job roles are adapted based on the market.

Special Care Counseling

Special care counseling technicians work with persons who have, or are liable to have, difficulties with adaptation or social integration. They work with individuals of all ages — children, teenagers, adults or seniors — who have physical or psychological disabilities, behavioral issues, mental illnesses or health issues. Work environments include rehabilitation centers, accommodation centers, short- and long-term care facilities, psychiatric hospitals, community learning services, group homes, intermediate resource centers and external labour service centers.

Brand Management

Brand management is the process of managing your brand reputation and improving your audience’s perception of your brand in a way that builds brand awareness, equity, and loyalty. Your brand is a living, breathing thing, which means it’s constantly changing. It’s also very susceptible to external factors like news, trends, and current events. In a world where journalists, influencers, and social media users (just to mention a few) influence virtually every narrative, brand management is how you can take control of your business’s story. It is using your branding and brand assets to communicate value and build loyal relationships with your followers, fans, and customers.

International Trade

Economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions involve services, such as travel services and payments for foreign patents (seeservice industry). International trade transactions are facilitated by international financial payments, in which the private banking system and the central banks of the trading nations play important roles. International trade and the accompanying financial transactions are generally conducted for the purpose of providing a nation with commodities it lacks in exchange for those that it produces in abundance; such transactions, functioning with other economic policies, tend to improve a nation’s standard of living. Much of the modern history of international relations concerns efforts to promote freer trade between nations. This article provides a historical overview of the structure of international trade and of the leading institutions that were developed to promote such trade.

Logistics / Supply chain management

Logistics typically refers to activities that occur within the boundaries of a single organization and Supply Chain refers to networks of companies that work together and coordinate their actions to deliver a product to market. Also, traditional logistics focuses its attention on activities such as procurement, distribution, maintenance, and inventory management. Supply Chain Management (SCM) acknowledges all of traditional logistics and also includes activities such as marketing, new product development, finance, and customer service” – Michael Hugos

Professional Accounting Practice

As the pace of global change accelerates, the need for financial professionals to remain at the forefront of business decision making will become ever more important. With a CPA designation, you will develop integrated competencies to thrive in this business environment where expectations continue to progress in a multitude of directions. If you are a motivated individual looking for an exciting career in accounting, this program is for you. This program prepares you to pursue a professional accounting career leading to the attainment of the Chartered Professional Accountant (CPA) Designation.

Advertising Media

Advertising media is the group of various media channels through which advertising message is delivered to the target audience. Advertising media is used for showcasing promotional content which communicated in various forms such as text, speech, images, videos using TV, radio, online, outdoor etc. Basically they are channels through which companies can advertise their products and services to reach to customers.

Strategic Global Business management

Extend your business management skills as you identify feasible opportunities to enter new global markets in ethical and socially responsible ways that comply to international policies, regulations, and laws. Identify how to manage projects, human resources, finances, marketing, sales, risk and continuity within international settings. Apply business principles to digital business environments through e-commerce, supply chain and social media marketing, to support the business in a global market. Think innovatively, to explore ways to leverage artificial intelligence and machine learning, while protecting your business through cyber security and information management. The program culminates with a collaborative project completed with an industry partner, an opportunity that supports your growth as a strategic global business professional.

Business insights and analytics

Today’s businesses know that it is critical to stay on top of what’s next in their industry: the next trend, the next tool, the next technology. They are developing capacity within their organizations to use data to derive insights for a more profitable future. Businesses have a growing need for professionals who can use data, analytics and business acumen to improve ROI, streamline and expedite processes, drive down costs, create smart products, and build better customer experiences.

Sustainable Business Management

Recognition of the need for managers with sustainability expertise continues to grow as local and global organizations are re-positioning sustainability as a central value. The Sustainable Business Management graduate certificate program provides students with the diverse skill set needed to succeed in this dynamic and exciting field. Whether developing a new product or service, enhancing an existing one through a triple bottom-line approach, leading an organization to more sustainable operations or managing change and promoting engagement for sustainability, graduates will be able to apply their skills in a variety of settings. Students are provided with flexible project options, including opportunities to work with local clients and community partners in developing plans to generate greater value, enhanced corporate responsibility and innovative marketing solutions. Students may also take advantage of experiential learning opportunities that extend beyond the classroom, such as volunteering at a local sustainability-oriented organization, and attending field trips, workshops and networking events. Upon program completion, graduates will be well positioned to write the International Society of Sustainability Professionals (ISSP) exam and become a Sustainability Associate (SA). The optional co-op stream includes one co-op work term.

Strategic Marketing Communications

The term ‘strategic marketing and communication’has gained huge popularity over the last two decades. Marketing communication helps to define a company’s relationship with its clients. Businesses use marketing communication to retain the product’s current customer base and to cement relationships with the suppliers and customers. To fulfill the growing needs of the business houses, strategic marketing and communications programs have been designed that offer a comprehensive understanding of the basics needed to build a clear communication strategy for a company by aligning promotion, advertising and direct and digital marketing techniques.

Digital Marketing And Marketing Analytics

Marketers have been analyzing their methods and techniques since the mid-19thcentury, but today’s data analytics bears no resemblance to those early marketing efforts used to maximize profits. Data analytics models, propelled by digital technology, measure the value of every customer action and touch point across multiple channels and devices. More than 80% of marketing professionals make their decisions based on data, using advanced analytic tools to evaluate digital marketing campaigns at every step of the customer experience. The future of digital strategy belongs to those who know how to use these sophisticated tools to gain valuable marketing insights. In this article, we take a deep dive into data analytics in digital marketing—what it is, where the data comes from and how it can be used to make digital marketing campaigns more successful.

Worldwide Career Opportunities

Some graduates choose to undertake further study in subjects such as marketing, finance, human resources, computing and international business management, in order to develop their expertise in a particular area of business. Studying for an MBA is another option Studying international business allows you to see how globalisation has brought about an increasing ‘connectedness’ of businesses, markets, people and information across countries. What’s more, the skills that you develop on a course of this nature are highly sought after by employers. The continued demand for business management degree holders shows how much companies depend on them. According to the U.S. Bureau of Labor Statistics (BLS), employment in business management is expected to grow at a faster-than-average rate between 2022 and 2032. The scope of international business is vast. It encompasses various activities, from exporting and importing goods and services to licensing and franchising products and brands. International business also includes moving capital, technology, and people across borders

The future scope of commerce is bright and the commerce stream jobs have the ability to provide high salary if you choose the best career in commerce. So, this is the article for students who are wondering what to do after 12th commerce

Approx Average Salary

Business Development Approx Average Salary $165,159
Strategy Consultant Approx Average Salary $115,243
Senior Sales Executive Approx Average Salary $110,808
Business Developer Approx Average Salary $101,635
Business Analyst Consulatant Approx Average Salary $90,127
Program Management Analyst Approx Average Salary $79,265
Accounting Assistant Approx Average Salary $27,003
Bookkeeper Approx Average Salary  $37,326
Logistic Manager Approx Average Salary  $68,298
Finance Manager Approx Average Salary  $66,862
Finance Manager Approx Average Salary  $66,862
Marketing Manager Approx Average Salary  $68,420

Study Option Worldwide in Business / Commerce

  • US

  • UK (United Kingdom)

  • New Zealand

  • Canada

  • Denmark

  • UAE

  • Italy

  • Australia

  • Germany