8 best undergraduate entrance exams for 12th commerce students. While it’s common for students of a science background to know the details of competitive and entrance exams to appear. To get admission into reputable colleges and universities, it is quite the contrary for commerce students. Students are all bucked up, ready for finals, after they have no clue where to go and what to do. You might know your destination but have no idea about the path you need to take to reach that destination. There are plenty of colleges and universities across India that admit students based on their performance in various examinations. Below, we mention some of the best undergraduate entrance exams you can take to get into college of your choice.
Chartered Accountancy (CA) by Institute of Chartered Accountants of India (ICAI). If accounting has become your passion, this is the right exam for you! This exam is conducted biannually in the months of May and November. Scoring well in this exam almost guarantees a seat in various colleges across the country. Some parts of this exam are subjective while others are objective. It has been divided into three levels:
If you are a business fanatic or as an aspiring entrepreneur than GMAT (Graduate Management Admission Test) is the gateway to your dreams. You can appear for this exam immediately after completing your 12TH standard. Then pursue your undergraduate school as GMAT scores are valid for five years. This is an exam that is accepted by top universities in India including the IIMs for graduate management program. Additionally, GMAT is also helpful to get admission in universities overseas. Therefore, appearing for this exam will widen your scope exponentially.
CAT (Common Admission Test) is similar to GMAT with the biggest difference being CAT is an exam only for admissions into Indian colleges and universities while GMAT is global. The similarities are that both the exams secure you a spot in some of the most reputable universities in India (CAT) or globally (GMAT). Both these exams are conducted online almost all year round so all you need to appear for this exam is a PC and a stable internet connection and you are good to go. You can apply for this commerce entrance exams after 12th.
ICSI (Institute of Company Secretaries of India): The ICSI is an esteemed institute which happens to be the only organization in the country that recruits and manages Company secretaries. Contrary to popular belief and the significance of the name, CS (Company Secretaries) is not a clerical or assistant job but a highly reputable and professional career. If you’re still in any doubt then consider the roles of a CS given in the official website of ICSI that states “CS Is a vital link between the company and its Board of Directors, shareholders, government and regulatory authorities” The mentioned role is merely a drop in the sea of responsibilities that CS will have to handle.
ACET (Actuarial Common Entrance Test). Actuarial professionals deal with mathematic and statistical analysis of evaluating the risk involved in various aspects in business-like insurance or finance. Writing the ACET (and passing it) will grant you admission into the Institute of Actuaries of India (IAI). If numbers are your forte, then this can prove to be a smart choice for you.
CMA (Cost and Management Accountant) this exam is another choice for accounting postulants. It is remarkably similar to CA by ICAI, but CMA is conducted by the Institute of Cost Accountants of India twice a year, just like the CA exam in the months of June and December. Again, much like the CA exam, the CMA exam is also divided into three levels that are the same as the levels in CA by ICAI. You can apply for this commerce entrance exams after 12th.
NPAT UG (National Test for Programs After Twelfth, Undergraduate). Although many colleges follow national or global entrance exams, some deemed universities and colleges like the Narsee Monjee Institute of Management Studies, which is one of the top 5 universities in India for commerce graduates, has their own entrance exam for admission into various courses and programs in their institute.
CUET (Christ University Entrance Test). Another creditable university in India which conducts its own separate entrance test is the Christ University in Bengaluru. The exam is conducted only once a year but divided into two sessions. CUET, much like NPAT conducts different exams comprising of the different syllabus for different programs like B.Com (Bachelor of Commerce), B.B.A (Bachelor of Business Administration) and Finance & Accounting. These are just some of the many exams you can undertake to study a program of your choice in the college of your dreams. There are plenty of other examinations in various other fields that you can look out for if none of the above mentioned piqued your interest.