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Sahil Gupta

Confusion between science and commerce stream for businessman? CA+MBA or Engineering+MBA?

I want to start my own business..!! So m confused which stream would pave a easy path for me for business? but yes it can be a manufacturing business.. like manufacturing of steel or edible oils etc.. Or business can be like i'll open my own firm of CA as I m doing CA and do business of building along with it... etc. Also I hv interest in both the streams..!! But I want to know which would be best if I want to run my own business..!! also my father is a businessman. n he is running business since 20yrs but his business is not very large..! he's wholesaler of edible oils..! But I want to set up my own big business i.e. on a large scale! So which stream I should go for? NOTE: I hv interest in both the streams..!! also tell me on the basis of future scope? CA would have more scope in future or an engineer?


by Sahil Gupta
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RE: Confusion between science and commerce stream for businessman? CA+MBA or Engineering+MBA?

Prathamesh Kapote
Prathamesh Kapote
Verified Career Expert
Founder And Director At Canvas Career
  • Nasik

Hello SAHIL,

Welcome to Careerguide.com!!!.

which stream is best for business Its really good to hear from you that you have been thinking to become a businessmen and not thinking of getting into Job. Its said that "Generate Employment i.e Employer and not the Employee."

Table Contents

1.  Science and Commerce Stream for Businessman

2.  CA+MBA

3.  Engineering+MBA

4.  Science Stream

5.  Commerce Stream

which stream is best for business Sahil to become a Businessmen you can study any stream i.e either Science or Commerce both the streams are going to be helpful. Because both the streams hold their own importance. So as you mentioned that you would like to open business of Manufacturing and especially in Manufacturing of Edible oils so if you select the science stream it will help you to understand and get insights of the raw material that will be needed for manufacturing viz.types of seeds,their qualities etc. and further more how to maintain the quality of the product i.e quality check and etc many things.

While if you Study Engineering that will help you to understand how the manufacturing process is done. If you study your Engineering from the stream like Bio-Diesel Engineering you have a great scope as the work of this field is to find out the substitutes for the Petrol and Diesel and how its production can be done example of substitute FUEL is Jetropha Plant and Sugarcane;so in the same way you can do research and can start your production. There is also Governments Financial Assistance and encouragement for such Business within the Country. You must good hold over Biology in order to get into Bio-Diesel Engineering.

If you select the Commerce Stream you will study how to handle the finance of business;how to get finance for the business;how to set up the business and its management so in short you will learn about Finance and Administration of the Business right from the root to top. If you go with the CA i.e. Chartered Accountant you will study the Accounts and Auditing.Because CA lays more emphasis on Finance.

which stream is best for business As you have mentioned your ineterest in both the streams i.e Science and Commerce;So considering areas of interest you can apply for Engineering in Bio-Diesel and once you have completed your engineering you can go for the MBA either with sole or dual specialisation like Finance;Finance and MArketing/Human Resource/Family Business Management etc. as per your area of interest. Other option you have is that you can go for Entrepreneurship Development course after your engineering.You can apply for Entrepreneurship course to EDII located at Ahmedabad or to MICA,Ahmedabad. which stream is best for business So doing engineering will give you technical knowledge while completing your MBA/Entrepreneurship you hold a knowledge of Finance,management and Administration. This combination to become a Successful Businessmen is always GREAT.

Science and Commerce Stream for Businessman

which stream is best for business Choosing between science and commerce streams depends on various factors such as personal interest, aptitude, and career goals. Both science and commerce streams offer different career paths, and it's essential to understand which stream aligns better with your interests and aspirations.

If you aspire to become a businessman, both CA+MBA and Engineering+MBA can be good options, depending on your interests and goals. CA+MBA is a combination that focuses on finance and management. The Chartered Accountancy (CA) course provides in-depth knowledge of accounting, auditing, taxation, and financial management, while the Master of Business Administration (MBA) provides expertise in management, leadership, and strategy.

which stream is best for business On the other hand, Engineering+MBA is a combination that focuses on technology and management. An engineering degree provides you with technical skills, and an MBA helps you develop managerial and leadership skills. Therefore, it is essential to evaluate your interests, aptitude, and career goals before choosing a stream. You should also consider the job opportunities and future growth prospects in both streams before making a decision.

CA+MBA

which stream is best for business CA+MBA is a popular career combination that focuses on finance and management. Chartered Accountancy (CA) is a professional course that provides in-depth knowledge of accounting, auditing, taxation, and financial management. An MBA (Master of Business Administration) degree, on the other hand, provides expertise in management, leadership, and strategy. This combination can open up various career opportunities for individuals who aspire to become business leaders, finance professionals, or management consultants. With a CA+MBA degree, you can work in fields such as corporate finance, investment banking, accounting, taxation, and consulting.

which stream is best for business To pursue a CA+MBA, you need to complete the CA course, which involves three levels of examinations and practical training. After completing the CA course, you can enroll in an MBA program to gain expertise in management and leadership. which stream is best for business It is essential to note that pursuing a CA+MBA requires dedication, hard work, and perseverance. However, it can be a rewarding career choice for individuals who have an aptitude for finance and management and aspire to become successful business leaders.

Engineering+MBA

which stream is best for business Engineering+MBA is a popular career combination that focuses on technology and management. An engineering degree provides you with technical skills, and an MBA (Master of Business Administration) degree helps you develop managerial and leadership skills. This combination can open up various career opportunities for individuals who aspire to become business leaders, technology managers, or consultants. With an Engineering+MBA degree, you can work in fields such as technology management, product management, project management, and consulting.

To pursue an Engineering+MBA, you need to complete an undergraduate degree in engineering, which provides you with technical skills in your chosen field of specialization. After completing your engineering degree, you can enroll in an MBA program to gain expertise in management and leadership. which stream is best for business It is essential to note that pursuing an Engineering+MBA requires dedication, hard work, and perseverance. However, it can be a rewarding career choice for individuals who have an aptitude for technology and management and aspire to become successful business leaders or technology managers.

Science Stream

PCM

The Science Stream is typically chosen by students who have an aptitude for subjects such as Physics, Chemistry, Mathematics, and Biology. In the Science Stream, students can choose to study a combination of these subjects or specialize in one particular field, depending on their interests and career goals. Some of the key subjects that are offered in the Science Stream include:

Physics: Physics is the study of matter, energy, and their interactions. It deals with topics such as mechanics, thermodynamics, electricity, magnetism, optics, and atomic and nuclear physics. Students who study Physics can pursue careers in fields such as engineering, research and development, and the aerospace industry stream in 10th class.

Chemistry: Chemistry is the study of the properties, composition, and behavior of matter. It includes topics such as organic and inorganic chemistry, physical chemistry, and analytical chemistry. Students who study Chemistry can pursue careers in fields such as chemical engineering, pharmaceuticals, and research and development stream in 10th class.

Mathematics: Mathematics is the study of numbers, quantities, and shapes. It includes topics such as algebra, calculus, geometry, and trigonometry. Students who study Mathematics can pursue careers in fields such as engineering, data analysis, and computer science.

Biology: Biology is the study of living organisms, their structure, function, and evolution. It includes topics such as genetics, microbiology, ecology, and biochemistry. Students who study Biology can pursue careers in fields such as medicine, biotechnology, and research and development.

which stream is best for business Apart from these subjects, students in the Science Stream may also study subjects such as Computer Science, Electronics, and Information Technology, depending on the school or education board they belong to. Students who choose the Science Stream can pursue careers in a wide range of fields, including medicine, engineering, research, and development, among others stream in 10th class which stream is best for business.

Commerce Stream

commerce

The Commerce Stream is typically chosen by students who are interested in pursuing careers in fields such as finance, banking, business, and management. In the Commerce Stream, students study subjects related to business and finance, and can specialize in areas such as accounting, economics, and marketing. Some of the key subjects that are offered in the Commerce Stream include:

Accountancy: Accountancy is the study of financial transactions and accounting principles. It includes topics such as bookkeeping, financial accounting, cost accounting, and auditing. Students who study Accountancy can pursue careers as Chartered Accountants, Certified Public Accountants, or Cost Accountants.

Business Studies: Business Studies is the study of business organizations, management principles, and business operations. It includes topics such as organizational behavior, human resource management, marketing management, and financial management. Students who study Business Studies can pursue careers in fields such as management, business development, and entrepreneurship stream in 10th class.

Economics: Economics is the study of the production, distribution, and consumption of goods and services. It includes topics such as microeconomics, macroeconomics, international economics, and econometrics. Students who study Economics can pursue careers in fields such as finance, consulting, public policy, and research.

Mathematics: Mathematics is also an important subject in the Commerce Stream, as it is used extensively in fields such as finance, accounting, and economics. Students who study Mathematics can pursue careers in fields such as investment banking, risk management, and actuarial science.

which stream is best for business Apart from these subjects, students in the Commerce Stream may also study subjects such as Business Law, Entrepreneurship, and Statistics, depending on the school or education board they belong to. Students who choose the Commerce Stream can pursue careers in a wide range of fields, including finance, banking, business, and management stream in 10th class which stream is best for business.

RE: Confusion between science and commerce stream for businessman? CA+MBA or Engineering+MBA?

Meghna Mukherjee
Meghna Mukherjee
Verified Career Expert
Counselor at Adaptive Minds
  • Mumbai

Hi There,

As rightly said by the above counselor, for setting up your business, you can choose any stream. Business entails finances, thus Finance knowledge is a must. So commerce is an ideal option. In terms of knowledge about the product, as a businessman you need to have the basic knowledge about the product you deal with. That is possible when you start your own research on the product, meet professionals from the same background and have good communication skills.

But prior to all this, the main important question is, " Which Business".
As i see above, you have mentioned many business forms you are interested in, Being this confused will not help you at all in the future.

Thus firstly it would be good if you could select which kind or rater which business would you like to deal with. And you are lucky to have your father into the business stream. He can be a guide for you towards your decision.

Hope this helps.

Wish you good luck....

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RE: Confusion between science and commerce stream for businessman? CA+MBA or Engineering+MBA?

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Caching Date: 11/21/2024 11:52:07 PM