Commerce is a broad term that describes the process of exchanging goods for currency. It is a broad field. There are various forms of commerce including trade, dealing in stocks and shares, commercial fishing, public relations, and even journalism. In Singapore bachelor of commerce is offered at the following universities:
1. Temasek Polytechnic
This polytechnic offers a four-year full-time program bachelor of commerce (accounting) and a three-year full-time program bachelor of commerce (business). It also has a two-year part-time program bachelor of commerce. It specializes in accounting and finance.
2. Nanyang Polytechnic
It offers a three-year full-time program bachelor of commerce (business) and a four-year full-time program bachelor of commerce (accountancy). It also has a one-year post-graduate diploma in commerce.
3. Singapore Polytechnic
This polytechnic offers a three-year full-time program Bachelor of Business Administration with a major in Accounting, Finance, Marketing or Operations Management and a two and half-year full-time program Bachelor of Business Administration with a major in Banking & Finance or Marketing. It also has a diploma in accounting and allied accountancy practices.
4. National University of Singapore
It offers a four-year full-time Bachelor of Science in Business Administration (Accountancy). The degree program is accredited by the Association of Chartered Certified Accountants (ACCA) and the Institute of Singapore Chartered Accountants (ISCA). The degree is recognized internationally and can be used to secure jobs in finance.
5. Singapore Management University
This university offers a four-year full-time BBA with a major in Accounting and Finance. It is also accredited by the ACCA and ISCA. Students are trained to be professionally competent accountants.
Benefits of commerce
1. Gain knowledge of accounting and finance
It is likely that there are accounting jobs that require a bachelor of commerce. It is also likely that there are finance jobs that need the knowledge gained from the degree. A bachelor of commerce provides you with the skills needed to learn and gain employment in these fields.
2. Gain an entry into a variety of fields
There are jobs in many different fields which will accept a bachelor of commerce. You can choose to pursue one specific field or experience many different roles across a variety of industries. This flexibility can be an advantage when you apply for jobs as it shows employers your ability to learn, adapt and change in various situations and environments.
3. Gain skills that are in demand
In recent years the number of jobs that require a bachelor of commerce has increased. This means more people are needed to perform the required roles and this has resulted in a shortage of suitable candidates within relevant fields. It is likely that employers will look for qualified candidates with a degree to fill these positions.
4. Gain work experience
Employers may also require work experience before hiring you and if you have completed your full-time degree before starting work, this can be an advantage as you will get paid for part or all of your experience. However, it would be wise to seek advice from an expert when choosing a job before completing your studies and being employed on a full-time basis.