Government Jobs for Commerce Students with High Salary

Government jobs for commerce students with high salary are not only considered reputable but are also one of the most sought-after career options as they offer job security, stable income, and growth opportunities. While private jobs continue to be popular, a significant number of commerce graduates aspire to land a government job for its stability, added perks, and the feeling of serving society and the nation at large.

Students who are from a commerce background have a wide range of options when it comes to government jobs. Some of the best government jobs for commerce students with high salary include SBI PO, SBI Clerk, IBPS PO, RBI Grade B Officer, etc. roles in finance, economics, banking, accounting and tax administration. 

Though very rewarding, these government jobs for commerce students are also challenging and require strong analytical, problem-solving, and decision making skills. Selection for most of these career profiles is done through an entrance test and eligible candidates have to qualify all the stages to secure a government job. 

List of Government Jobs for Commerce Students with High Salary

The government sector jobs in India have been admired not only for the reputed work profiles that let you contribute towards social welfare but also for the lucrative salaries. Some of the top notch government jobs for commerce students with high salary are mentioned below. Along with the job profile, we have also mentioned the work description and other information to help you opt for your ideal choice.

IBPS PO

The Institute of Banking Personnel Selection Probationary Officer is one of the most popular entry-level government jobs for commerce students that can be taken up after completing class 12th in commerce stream. An IBPS PO works at public, private and overseas banks, overseeing the administrative work and making decisions regarding the growth of banking operations etc. 

Indian Revenue Service (IRS)

The Indian Revenue Service (IRS) is another esteemed profession that students can begin after completing graduation and clearing the UPSC exam. IRS officers are responsible for the work in revenue and departments such as customs and excise, tax, budget, public accounts etc. They are responsible for collecting, assessing and enforcing taxes and duties. 

Indian Economic Service (IES)

Another highly recognised government job for commerce students with high salary is the Indian Economic Service (IES) in which they will be economic advisors also responsible for aiding in policy recommendations to the government. IES officers work in various government organizations such as the Ministry of Finance, NITI Aayog, National Sample Survey Office etc. Their job entails analyzing data, preparing reports, and conducting economic research. 

SBI Clerk

The State Bank of India offers the position of SBI Clerk (junior associate) to candidates who qualify the entrance exam consisting of three stages. The job is considered as one of the best government jobs for commerce students. Daily work such as deposit and withdrawal, managing and supervision is handled by SBI Clerks. The post is offered after completing a training of six months. 

LIC Assistant Administrative Officers

The Life Insurance Corporation in India (LIC) Assistant Administrative Officer (AAO) is another high-profile government job for commerce students with high salary. Candidates shortlisted for this role are responsible for various management, administrative and clerical tasks within the company. These individuals are also responsible for underwriting and issuing policies. It is one of the most stable jobs that offers amazing growth opportunities. 

RBI Grade B Officer

An RBI Grade B Officer, positioned as a mid-level official within the Reserve Bank of India (RBI), undertakes a diverse array of tasks. These include overseeing the nation's monetary policy, supervising financial institutions, and conducting foreign exchange operations. The position is offered to candidates who qualify the entrance exam conducted by RBI. The attractive salaries offered to RBI employees serve as a major incentive for the thousands of aspirants who strive to clear the examination. The position of RBI Grade B officer holds significant prestige among individuals seeking employment within India's banking sector. Progression within the career path typically begins with roles such as RBI Assistant or Support Staff, advancing through positions like Assistant Manager, Manager, Assistant General Manager, Deputy General Manager, General Manager, Chief General Manager, Principal Chief General Manager, Executive Director, Deputy Governor, and ultimately Governor.

NABARD Grade ‘A’ Assistant Manager

Another well-known government job for commerce students in India is that of a NABARD Grade ‘A’ Assistant Manager. NABARD (National Bank for Agriculture and Rural Development) serves as India's premier development financial institution, focusing on providing credit for agricultural and economic ventures in rural areas. Renowned nationwide, NABARD's recruitment process draws the interest of numerous aspiring individuals annually, eager to contribute to the banking sector. The bank offers opportunities for engagement to eligible candidates through regular and contractual positions. The role includes tackling policy matters concerning agriculture and rural development across various state and central government initiatives. They also collaborate with the banking sector and state governments to undertake initiatives and projects aimed at rural development within communities.

Public Sector Undertakings (PSUs)

Graduates with a background in commerce can explore job openings in various PSUs across India. These positions typically involve assisting the organisation in investment strategies and budgetary affairs. Notable PSUs where economics graduates can apply include ONGC, BHEL, BSNL, among others.

Indian Railways

Government jobs for commerce students with high salary are also available in Indian Railways. Every year, many positions are released for which individuals have to qualify the entrance exam conducted by the Railways Recruitment Board (RRB). Most of the job profiles are of junior and senior level accounting clerks. 

Also Read:Top 10 High Salary Government Jobs for Females after Graduation

Eligibility for Government Jobs for Commerce Students with High Salary

For all the government jobs for commerce students with high salary, eligibility requirements are to be met in order to proceed with the further formalities. One of the common eligibility criteria is to be from the commerce stream, however, other norms must also be fulfilled to avoid any challenges or disqualifications. Here are the eligibility criteria for various government jobs for commerce students:

IBPS PO Eligibility Criteria

• Citizenship: Indian
• Age: Between 20 to 30 years
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 60% (unreserved category) and 55% (reserved category)
• Working knowledge of computer systems
• Proficiency in the official language of the state or union territory

Indian Economic Services (IES) Eligibility Criteria

• Citizenship: Indian
• Age: Between 21 to 30 years
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 50% (unreserved category) and 45% (reserved category)

Indian Revenue Services (IRS) Eligibility Criteria

• Citizenship: Indian
• Age: Minimum - 21, maximum - 30 (general), 32 (EWS), 35 (OBS), 37 (ST/ SC)
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 50% (unreserved category) and 45% (reserved category)

SBI Clerk Eligibility Criteria

• Citizenship: Indian
• Age: Between 20 to 28 years
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 60% (unreserved category) and 55% (reserved category)

LIC AAO Eligibility Criteria

• Citizenship: Indian
• Age: Between 21 to 30 years (relaxation is also given to various categories)
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 50% (unreserved category) and 45% (reserved category)

RBI Grade B Officer Eligibility Criteria

• Citizenship: Indian
• Age: Between 21 to 30 years
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 60% (unreserved category) and 55% (reserved category)

NABARD Grade A Assistant Manager Eligibility Criteria

• Citizenship: Indian
• Age: Between 20 to 30 years
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 60% (unreserved category) and 55% (reserved category)

Railways Account Manager Eligibility Criteria

• Citizenship: Indian
• Age: Between 18 to 30 years for UG level and 18 to 33 for PG level
• Qualification: 10+2 or Graduation in any stream (commerce stream preferred)
• Minimum Marks: 50% in the qualifying degree

PSU Manager Eligibility Criteria

• Citizenship: Indian
• Age: Between 20 to 30 years
• Qualification: Graduation in any stream (commerce stream preferred)
• Minimum Marks: 60%

Also Read:Government & Public Sector Jobs after Science

Entrance Exams for Government Jobs for Commerce Students with High Salary

Government jobs for commerce students with high salary require individuals to qualify certain entrance exams conducted by government entities, such as statutory bodies, non-statutory bodies, public sector undertakings, special bodies, government banks, and other government companies.

Given below is the list of entrance exams for government jobs with high salary for commerce students. The job profile offered after clearing the exam, the conducting body, and exam frequency have also been provided.

Also Read:Upcoming Bank Exams 2024

Average Pay of Government Jobs for Commerce Students with High Salary

The government jobs for commerce students with high salary might begin at an entry-level position but with years of experience and training, candidates get higher positions and better remuneration. The salary hikes and incentives in government jobs are rolled out monthly, quarterly, and biannually. Moreover, all other expenses and allowances are also covered. 

Some of the top government jobs for commerce students with their average salary are given below in the table.

Also Read:Explore Career Prospects & Government Jobs after Pursuing Economics

That’s all you need to know about government jobs for commerce students with high salary. For any doubts or queries, you can reach out to us using our Q&A Zone or call us on our toll free number 18005729877. For more such articles, stay tuned to CollegeDekho.