Studying any of the courses in the commercial department is rewarding with a wide range of subjects.
Commercial courses in departments such as accounting, management, marketing analysis, arithmetic, statistics, economics, and business studies offer students in the commerce stream multiple career options.
You could work in almost any industry because everyone needs the services of an accountant, a marketer, an economist, or a financial analyst.
We have outlined courses under commercial departments in Nigerian universities that suit students looking to study commercial studies.
We will also discuss the core subjects for commercial students and the best course for commerce students.
Table of contents
- 30+ Best Courses Under Commercial Department to Study in Nigeria
- #1. Accounting
- #2. Actuarial Science
- #3. Government and Public Administration
- #4. Business Administration
- #5. Business Management
- #6. Management Science
- #7. Conflict and Peace Resolution
- #8. Criminology
- #9. Economics
- #10. Entrepreneurial Studies
- #11. Banking and Finance
- #12. Hotel and Tourism Management
- #13. Human Resources Management
- #14. Industrial and Labour Relations
- #15. Insurance
- What are the core subjects for commercial students?
- Is mathematics compulsory for commercial students?
- Which course is best for commerce students without maths?
- Which job has the highest salary in commerce without maths?
- Top 10 Best Universities For Commercial Students In Nigeria
- Courses under the commercial department: FAQs
- Courses under commercial department: Conclusion
- Re ferences
- Read Also
30+ Best Courses Under Commercial Department to Study in Nigeria
#1. Accounting
Accounting is perhaps the most important part of any business endeavor. It’s what determines the life span of any business as it helps the owners gauge their success over some time.
Proper accounting helps you understand if the financial commitment you have made toward your business is paying off or not.
This is why accountants are invaluable in any industry, and most especially why it’s on our list of best courses under the commercial department.
Accounting is the process of keeping the accounting books of the financial transactions of a company.
It could also be defined as the process of measuring, processing, and sharing financial and other information about businesses and corporations.
So if you are a Nigerian student in the commercial departments and you are looking to further your studies, consider studying accounting.
#2. Actuarial Science
Actuarial Science is the discipline that applies mathematical and statistical methods to the systematic observation of natural events to assess the risk of events occurring and help formulate policies that minimize this risk and its financial impact on companies and clients.
Understanding risks in business through statistical data and analysis will help u know where to improve your business venture and where might need to be scrapped.
Actuarial scientists can work together with accountants to ensure our finances are put in the best parts of your business.
#3. Government and Public Administration
This Career Cluster is focused on planning and performing government functions at the local, state, and federal levels, including governance, national security, foreign service, planning, revenue and taxation, and regulations.
Studying Government and Public Administration allows you to work in corridors of power. As a public administrator, you get to help formulate and implement policies that can help change lives forever.
#4. Business Administration
The administration of a business includes the performance or management of business operations and decision-making, as well as the efficient organization of people and other resources to direct activities toward common goals and objectives.
Coordinating all these various parts of a business will greatly influence how well or badly businesses perform. This is why the services of a business administrator are important.
The expertise they bring is second to none and virtually every business venture needs their services.
So if you are considering studying business administration as a Nigerian student, you are on the right track.
#5. Business Management
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.
Business Management stands as a pillar of success for organizations of all sizes. Whether you’re a seasoned entrepreneur or just embarking on your business journey, understanding the Importance of Business Management is paramount.
Business Management is the compass that guides decision-making and the fuel that drives growth. Therefore, it’s time to learn about the importance of managing your business.
It’s one of the best courses in commercial departments and studying it puts you in a position to manage businesses in any industry.
#6. Management Science
The decisions you make in your business organization can make or mar the business venture, this is why your business administrator must be skilled in management sciences if you are to get the best out of them.
Management science is the study of problem-solving and decision-making in organizations. You can think of it as applying the scientific method to management, enabling managers to make decisions for an organization and improve its performance.
With the right decisions made and the best administrators in your business, you stand a better chance of making the best out of your business endeavor.
#7. Conflict and Peace Resolution
Peace and conflict studies or conflict analysis and resolution is a social science field that identifies and analyzes violent and nonviolent behaviors as well as the structural mechanisms attending conflicts (including social conflicts), to understand those processes that lead to a more desirable human condition.
Studying Peace and conflict resolution helps you understand the stressors that can ignite violence, and help you prevent it.
It also gives you the best ideas on how to approach an existing conflict, manage it and of course put an end to it. Knowledge of peace and conflict resolution can also help you manage conflicts in the workplace that might arise.
#8. Criminology
Criminology studies crime and criminal behavior, informed by principles of sociology and other non-legal fields, including psychology, economics, statistics, and anthropology.
The study of criminology helps you get a read into the minds of criminals, to understand why they might want to commit certain crimes and possibly how to prevent them.
The career path for criminals may to be boldly defined in Nigeria yet, but they can work with law enforcement or law firms to solve criminal cases or understand criminals and the reasons behind their actions.
#9. Economics
Economics is concerned with the creation, consumption, and transfer of wealth. The study of economics encompasses the major areas of microeconomics, which explores how people and firms produce and consume goods and services, and macroeconomics, which explores mass economic progress and inter-country trade.
The production, distribution, and consumption of products and services are the subjects of economic study. This field of study aids in our comprehension of historical economic patterns and occurrences to enhance the financial situation of individuals, nations, and the global community.
Economic research directs us on both our personal and societal travels by offering data-backed predictions of our future financial situation. In general, there are two subfields within economics:
- Microeconomics – the behavior of individual agents (families, firms, etc.) within the economy
- Macroeconomics – overall performance and behavior of an economy as a whole
Workers with an economics degree have found success as quantitative analysts, financial managers, and lawyers, among other profitable occupations.
#10. Entrepreneurial Studies
Entrepreneurial Studies gives you the tools you need to start or expand a business, manage a small business, lead innovation efforts in a corporate environment, or become an effective manager in a fast-growing enterprise.
Entrepreneurial Studies was introduced to Nigerian universities as a General Studies Course but has become a course any student can study as a stand-alone because of its impact.
It gives you the tools to start or expand a business, manage a small business, lead innovation efforts in a corporate environment, or become an effective manager in a fast-growing enterprise.
With a degree, you can work as :
- Regional Marketing Specialist (North East) Moniepoint. …
- Regional Operations Lead, Africa. Binance. …
- Finance Officer. …
- BUSINESS CONTROLLER. …
- VISITING ASSOCIATE PROFESSOR/PROFESSOR OF ENTREPRENEURSHIP. …
- Lecturer. …
- Executive Assistant. …
- Support Manager (Administrative, Financial, HR, and Logistics) in Nigeria.
#11. Banking and Finance
Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.
Banking and Finance explores the dynamic, fast-paced world of money, shares, credit, and investments.
Finance is an essential part of our economy as it provides liquidity in terms of money or assets required for individuals and businesses to invest in the future.
In Nigeria, the banking industry is arguably the biggest when you don’t count the “political industry”.
New banks are opening now and then and the older banks keep getting new branches, and with new banks or branches there is a need for personnel, which makes banking and finance a lucrative course to study and at such one of the best social science courses.
However, it’s important to note that studying this course does not guarantee a job. You will need to sharpen your skills to stand, as there are probably hundreds of other people looking for the same opportunities.
#12. Hotel and Tourism Management
The Department of Hospitality and Tourism Management is a field that focuses on all aspects of hospitality operations including hotels, restaurants, cruise ships, amusement parks, country clubs, and convention centers while tourism management focuses on tourism development, management of the travel industry, and tourism.
Nigeria may not have the best tourism and hospitality management industry in Africa, but what we lack in that we make up for is the number of hotels we have.
What some persons erroneously think is what defines how good your hospitality and tourism management is – I digress.
However bad this industry looks right now, a few establishments have kept the flag flying in a positive light, and it’s probably because of this person that we still have an industry.
As a course, it should prepare you to manage, market, and operate restaurants and food services, lodging, attractions, recreation events, and travel-related services.
You can find this course in virtually all universities in Nigeria.
#13. Human Resources Management
Human resource management is organizing, coordinating, and managing an organization’s current employees to carry out an organization’s mission, vision, and goals. This includes recruiting, hiring, training, compensating, retaining, and motivating employees.
The human resource manager is also in charge of training and retraining employees to meet current industry standards.
Studying this course will put you in a position to work anywhere and in any industry, as no business organization doesn’t needs an HR manager.
#14. Industrial and Labour Relations
Industrial and Labor Relations (ILR) is an interdisciplinary, social science program that explores workplace issues that impact individuals, organizations, laws, societies, and economies throughout the world.
Industrial relations experts help businesses liaise with labor forces where necessary. They can also help them in terms of disputes, by facilitating negotiations.
#15. Insurance
Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies or perils. There are many types of insurance policies. Life, health, homeowners, and auto are among the most common forms of insurance.
Why do we need insurance, top 5 reasons:
1. Insurance acts as a financial back-up at the time of emergency
None of us what the future holds. Unexpected emergencies such as injury, accidents, illness, and even death can leave you and your family facing tremendous emotional strain. Insurance plans help you emotionally and financially so that you can focus on rebuilding your life.
2. Insurance makes retirement secure
A retirement policy is a type of insurance plan that helps you to save part of your income over a long-term period and makes you financially secure post-retirement. The accumulated income will be given back to the insured person as a pension.
3. Insurance helps in securing future
Your present life might be stable with a steady income flow that meets your and the family’s needs. But life is uncertain. Some unforeseen crises can shake life. Without you, will your family be able to meet the requirements in the future? With the term insurance, you will be securing your family to help them receive a lump sum amount to help them take care of their needs.
4. Insurance encourages savings
Several life insurance plans, such as a money-back policy, help create regular savings by allocating some funds in the form of a premium every year. Unlike a basic life insurance plan that gives money back at the time of maturity, a money-back policy pays an amount to the policyholder after a few years of investing in the policy.
5. Insurance gives peace of mind
Along with financial security, insurance gives you peace of mind. Your home insurance policy will help you get coverage for damages to the home. Your family floater medical insurance plan will cover you and your family at the time of hospitalization. Any insurance plan comes in handy at a time of crisis.
Other Courses include:
- Marketing and Advertising
- Office and Information Management
- Office Management and Information
- Personnel Management
- Secretarial Administration
- Business Administration/Marketing
- Business and Entrepreneurship Studies
- Industrial Relations
- Management Studies
Read Also: 20+ Best Business Administration Courses in Nigeria | 2024
What are the core subjects for commercial students?
The following topic combination is appropriate for you as a commercial student preparing to write WAEC. The first four required courses
- In English.
- Calculus.
- Civic Education.
- Computer Science/ICT or Economics.
- One topic of trade.
Is mathematics compulsory for commercial students?
Yes, you will need a credit pass for mathematics to study commercial courses. You will also need a credit pass in Accounting, Economics, Home Economics, Basic Science, and English.
Which course is best for commerce students without maths?
Top 10 Commerce courses without math.
- Commerce Bachelor’s Degree (B.Com)
- Business Administration Bachelor’s Degree (BBA)
- Law Bachelor (LLB)
- Management Studies Bachelor’s Degree (BMS)
- Programs in Accounting.
- Secretary of the Company (CS)
- Foreign Trade Bachelor’s Degree (BFT)
- A profession in tourism and travel.
Read Also: JAMB Cut off Mark for 2024 | All School and Courses
Which job has the highest salary in commerce without maths?
For commerce majors without a math background, some of the highest-paying professions are teaching, hotel management, and law. These professions have great development and income potential.
Top 10 Best Universities For Commercial Students In Nigeria
The Nigerian university you attend is crucial if you’re a commercial student.
For some reason, it significantly impacts the beginning of your job after university. Certain job postings for careers open to commercial students stipulate that candidates must graduate from a “reputable university”.
The question of which Nigerian universities are regarded as respectable and which are not immediately springs to mind.
Unfortunately, commercial students are not advised to attend certain universities for various reasons.
Mostly because poor learning infrastructure has cost several of these colleges their accreditation.
These esteemed universities do, however, offer significant benefits for your early career. We will look at the best universities for commercial students in all those categories, from federal to private universities and then state universities.
1. University of Nigeria, Nsukka.
In eastern Nigeria, Enugu State is home to the University of Nigeria, Nsukka. The 1960-founded university has multiple campuses in the state of Enugu.
Nonetheless, commercial courses are provided at the campus called “Enugu Town,” which is located in the center of the state.
“The University of Nigeria Enugu Campus (UNEC)” is the name of the campus. As a commercial student, you will be studying under the Business Administration faculty at UNN.
Under the subject of business administration, students might study accountancy, banking and finance, company management, and marketing.
Read Also: 15+ Best Project Management Courses in Nigeria
2. The University of Ibadan (UI)
The 1948-founded University of Ibadan (UI) is located in Ibadan, the state capital of Oyo.
You can pursue studies in accountancy, marketing, public administration, economics, business administration, and insurance at the University of Ibadan.
Visit the University of Ibadan’s official website to learn more about these courses and the admissions requirements for commercial students if you’re interested in attending.
3. University of Ilorin
In August 1975, the University of Ilorin was founded in Ilorin, the state capital of Kwara.
The University of Ilorin has received numerous honors for its academic achievements from around the world and from Nigeria.
Accountancy, Banking and Finance, Business Administration, Marketing, Public Administration, Finance, Business Education, and Economics are among the Commercial Courses the University of Ilorin offers.
4. University of Lagos
A respectable university for research is the University of Lagos. It was it was established in 1962.
The University of Lagos offers the following commercial courses: political science, economics, insurance, banking and finance, business administration, public administration, accounting and accounting, personnel management, and human resource management.
Four years is the course duration.
5. Obafemi Awolowo University (OAU)
Obafemi Awolowo University (OAU) is widely recommended for commercial students as one of Nigeria’s best universities.
The university, chaired by Samuel Ladoke Akintola, was established in 1961 and is located in Ile-Ife, Osun state. It boasts first-rate academic facilities and knowledgeable faculty.
Accounting, finance, business management, public administration, economics, political science, insurance, personnel management, and human resource management are among the commercial courses offered at Obafemi Awolowo University (OAU).
Read Also: 20 Highest Paid Art Courses in Nigeria | 2024
6. The University of Benin
Situated in the capital city of Edo state, Benin, the University of Benin is another distinctive post-secondary institution in Nigeria.
The institute has numerous departments and faculties, including business education.
The Nigerian federal government funded and established the university in 1971.
Accounting, banking and finance, entrepreneurship, business education, public administration, insurance, business administration, marketing, human resources management, administrative secretary studies, and taxation are commercial courses offered at the University of Benin (UNIBEN).
7. University of Port-Harcourt
Situated in the capital city of Edo state, Benin, the University of Benin is another distinctive post-secondary institution in Nigeria.
The institute has numerous departments and faculties, including business education.
The Nigerian federal government funded and established the university in 1971.
Accounting, banking and finance, entrepreneurship, business education, public administration, insurance, business administration, marketing, human resources management, administrative secretary studies, and taxation are commercial courses offered at the University of Benin (UNIBEN).
8. Ahmadu Bello University
Located in northern Nigeria, Ahmadu Bello Institution was established as a public institution in 1962.
Notable university graduates, which is located in Zaria, Kaduna state, include Atiku Abubakar, a former vice president of Nigeria, and Umaru Musa Yar’adua, a former president of Nigeria.
Accounting, banking and finance, entrepreneurship, business education, public administration, insurance, business administration, marketing, human resources management, administrative secretary studies, and taxation are among the commercial courses offered at Ahmadu Bello University.
9. Nnamdi Azikiwe University UNIZIK or NAU
Nnamdi Azikwe University was established by the Nigerian federal government in 1991 and is situated in Anambra.
The main campuses of Nnamdi Azikiwe University are two. The primary campus is in Awka, the capital of Anambra, and the secondary campus is in the local government of Nnewi.
Accounting, banking and finance, entrepreneurship, statistics, economics, public administration, business education, cooperative economics and management, and business management are among the commercial courses that Ahmadu Bello University offers.
10. The University of Uyo
The University of Uyo was established as a federal university in Akwa-Ibom state in 1991.
Nigeria has seen the birth of numerous powerful, well-known individuals from the University of Uyo. A few of them are Onofiok Luke, a lawmaker in the House of Representatives, and Bassey Albert Akpan, a former commissioner of finance for Akwa-Ibom, among many more.
Read Also: 20+ Free Online Courses with a Certificate in Nigeria
Courses under the commercial department: FAQs
The good news is that you don’t need to be proficient in mathematics to choose a business administration program.
Many of us believe that students in the science stream are the only ones who should study computer science. Computers offer many information and prospects, especially for those studying commerce.
For commerce majors without a math background, some of the highest-paying professions are teaching, hotel management, teaching, and law. These professions have great development and income potential.
One of the simplest job paths for commerce students is to become a stock trader or broker. Commerce students can become stock traders by analysing the operation of the stock market and investing fundamentals.
Courses under commercial department: Conclusion
Commercial studies present many options for students who want to excel in the business and commercial world. With the courses under the commercial department we listed, students are provided with a guide to making rational decisions on the best approach.
We also like to think that the best Nigerian universities that offer commercial courses we listed help prophetic commercial students streamline their choices.
References
- Best Commercial Courses To Study In Nigeria –flashlearners.com
- Best Universities for Commercial Students In Nigeria – ifinancely.com