Top 5 Innovative Career in Commerce

Top 5 Innovative Career in Commerce
Published at : 8 May 2023, 7:30 PM IST
Updated at : 8 May 2023, 11:55 PM IST

Top 5 Innovative Career in Commerce

Choosing a right career is becoming very difficult nowadays. In this article we have focusses on the Top 5 Innovative Career in Commerce, that wil help the commerce students to get some real insights about what is happening in the global market. Also, read about the Top 5 Tips to Improve English For Competitive Exams.

Top 5 Innovative Career in Commerce
Admission Open in Amity for 2025

1) Business Intelligence Analysts

This is the first career in the list of the Top 5 Innovative Career in Commerce. A business Analysts uses data and informations to analyze this and get some meaningful information out of that. These visualizations helps the business to track the activities happening and to track the performance of their products, so that they can take better decisions.

The average pay of the Business Intelligence Analysts depends on the several factors such as industry, location, education, and level of experience. The average figures of the Business Intelligence Analysts is approximate $76,000 per year. or typically it ranges from $64,000 and $92,000 per year.

Business Intelligence Analysts
Business Intelligence Analysts

For becoming a business Analysts, its important to have both technical skills and business skills, Person should have a brief knowledge of Database Management System, and should know how to handle data. There are many courses available for becoming a Business Analysts, which talks about the visualization of data, managing data, etc.

Best Commerce College in India is: Shri Ram College of Commerce, New Delhi

Admission Open in SRM for 2025

2) E-commerce Manager

The next career in the list of the Top 5 Innovative Career in Commerce is E-commerce Manager. As we can see nowadays there a very much increase in the online business. Most of the business man wants to move their business online. So to manage all these things business needs the E-commerce Manager who can manage all these things very well.

The demand of E-commerce Manager is increasing vastly, and industry needs them.  The average pay for E-commerce Manager depends on several factors like industry, location, company size, and level of experience. The average figures of the E-commerce Manager is approximate $85,000 per year. or typically it ranges from $55,000 and $126,000 per year.

For E-commerce Manager, the salary also depends on several other factors such as commissions, bonuses, and profit sharing, etc.  Some important course for coming into this field is:

Admission Open in LPU for 2025
  • Bachelor’s Degree in Marketing or Business Administration
  • Master’s Degree in Business Administration (MBA)

There are many online certifications in marketing and sales, also available for the same which the person can pursue.

3) Blockchain Developer

The next career in the list of the Top 5 Innovative Career in Commerce is Blockchain Developer. Blockchain is one of the leading technology rolling in the market. This technology basically deals with transparent and secure transactions. The role of the Blockchain Developer is to make such applications that deals with making the transactions more secure.

The average pay for E-commerce Manager depends on several factors like industry, location, company size, and level of experience. The average figures of the E-commerce Manager is approximate $110,000 per year. or typically it ranges from $85,000 and $155,000 per year. The salary also depends on several other factors such as commissions, bonuses, and profit sharing, etc.

Admission Open in VIT for 2025
Blockchain Developer

Students should have a  knowledge about blockchain architecture, cryptography, smart contracts, and distributed ledger technology, etc for becoming the Blockchain Developer.  Also students should have a very vast knowledge on Information security, and about the various security principles.

4) Digital Marketing Specialist

The next career in the list of the Top 5 Innovative Career in Commerce is Digital Marketing Specialist. Digital Marketing basically deals with businesses and helps them in reaching their target audiences, and making their business grow online. The main role for the Digital Marketing Specialist is to promote the brands or products online by various business startegies.  This can be done by managing and creating the digital campaigns, analyzing the data and information in order to measure the success of the campaigns.

The average pay for Digital Marketing Specialist depends on several factors like industry, location, company size, and level of experience. The average figures of the E-commerce Manager is approximate $58,000 per year, or typically it ranges from $40,000 and $80,000 per year. This is one of the best career on the list of the Top 5 Innovative Career in Commerce.

The major skills set the students should poses in order to become a Digital Marketing Specialist is having a knowledge of Content Marketing, Digital Marketing Strategy, Social Media Marketing, Search Engine Optimization (SEO), and Analytics, etc.

5) Financial Analyst

The next career in the list of the Top 5 Innovative Career in Commerce is Financial Analyst. The work of the Financial Analyst is to analyze the financial data inorder to help the companies to make better decisions about their budgets, investments, and overall financial healths. They have to provide a detail analysis and the insights to the companies, and therefore helping companies to make informed decisions about their future in terms of finance.

The average pay for Financial Analyst depends on several factors like industry, location, company size, and level of experience. The average figures of the E-commerce Manager is approximate $83,660 per year, or typically it ranges from $50,350 and $157,710 per year.

Students should have the knowledge about the Finance, Accounting, Excel and Financial modelling, Problem Solving, Communication, Time management, and Industrial knowledge, etc to become a Financial Analyst

Conclusion

This article talks about the Top 5 Innovative Career in Commerce, and is very much beneficial for the students who belongs to the commerce field or related fields. It gives the vast knowledge about the career, skills needed and the demand for the particular career in the global market.

 

 

Prakhar
Prakhar Goel

Prakhar is a tech enthusiast with a robust background in machine learning and data science. His passion lies in converting intricate technical concepts into engaging content. During his free time, he immerses himself in reading, keeping abreast of the latest tech trends and global events, which nourishes his creativity and positions him at the forefront of innovation. Through his content, Prakhar aims to inspire others to embark on their own journeys while staying informed about the ever-evolving world of technology and beyond.

IIT Guwahati signs great MoU with Danfoss Industries

IIT Guwahati signs great MoU with Danfoss Industries
Published at : 1 Mar 2025, 6:50 PM IST
Updated at : 1 Mar 2025, 6:51 PM IST

IIT Guwahati signed an MoU with Danfoss Industries Private Limited on 27 February 2025.

Memorandum of Understanding (MoU) was signed during InvenTiv 2025, the Global Innovation Showcase hosted at IIT Madras.

Admission Open in Amity for 2025
IIT Guwahati

Key areas for collaboration

The collaboration will drive research and development in several technology areas, including:

Ø Water Desalination Technologies

Ø Energy-efficient Industrial Heating and Cooling Solutions

Admission Open in SRM for 2025

Ø Advanced Power Electronics and Drives

Ø High-pressure Pump Systems

Ø Waste Heat Utilisation and Campus Decarbonisation Solutions

Admission Open in LPU for 2025

Ø Refrigeration and Air Conditioning (RAC) Systems

Ø Multiphase Flow Studies

Ø AI-driven Process Optimisation and Advanced Thermal Simulations

CoE at IIT Guwahati

A Center of Excellence (CoE) – Danfoss Solutions will be established at IIT Guwahati to coordinate and streamline all collaborative projects under a unified research umbrella, fostering innovation and efficient project management.

Admission Open in VIT for 2025

Opportunities

Additionally, the collaboration will also open new opportunities for internships, collaborative research projects, and training programs for students across B.Tech, M.Tech, MS, and PhD programs at IIT Guwahati.

Students will have the opportunity to work at Danfoss’s global facilities, gaining hands-on industrial exposure, with high-performing students eligible for Pre-Placement Offers (PPOs), say sources from IIT Guwahati.

Joint education program

Further, a joint educational program will be established between IIT Guwahati and the University of Southern Denmark (SDU), in collaboration with Danfoss.

This program will provide students with international exposure, industry-relevant curricula, and opportunities for student and faculty exchanges, fostering cross-cultural learning and global research collaboration.

Director

Prof. Devendra Jalihal, Director, IIT Guwahati, said this partnership with Danfoss is a step towards IIT Guwahati’s vision of fostering innovation through collaborative research and industry engagement.

By combining cutting-edge research at IIT Guwahati with Danfoss’s technological expertise, we aim to develop solutions addressing critical sustainability challenges while preparing future-ready talent, he said.

IIT Guwahati

This partnership aligns with Danfoss’s commitment to driving sustainable innovation and nurturing a talent pool equipped to address global challenges in energy efficiency, water management, and climate technologies, he said.

Industry-Academia collaboration

The MoU signing at InvenTiv 2025 was held in the presence of Dr. Sukanta Majumdar, Minister of State for Education and Minister of State for Development of North Eastern Region (MDoNER), Government of India.

Dr. Majumdar emphasized the importance of fostering industry-academia collaborations to drive innovation, particularly in the context of sustainable development and regional growth in the North Eastern Region.

He commended the efforts of IIT Guwahati and Danfoss for spearheading research and educational partnerships that will contribute to both national technological advancement and regional development.

Duration

The MoU will remain in effect for five years, with the possibility of renewal and expansion to include emerging research areas such as digital transformation, advanced manufacturing, and smart infrastructure solutions.

About Danfoss

Danfoss Industries Private Limited, part of the globally renowned Danfoss Group, is a leader in climate and energy solutions.

It is recognised for its expertise in energy efficiency, advanced industrial systems, and sustainable technologies.

With a strong commitment to decarbonisation, digitalisation, and sustainability, Danfoss is at the forefront of developing technologies for a greener future.

IIT Guwahati

At present, the Institute has eleven departments, nine interdisciplinary academic centers and five schools.

They are covering all the major engineering, science, healthcare, management, and humanities disciplines, offering BTech, BDes, BSc(Hons), MA, MDes, MTech, MSc, MS(R), MBA and PhD programs.

The institute offers a residential campus to 455 faculty members and more than 8,600 students at present.

S.
S. Vishnu Sharma

S Vishnu Sharmaa now works with collegechalo.com in the news team. His work involves writing articles related to the education sector in India with a keen focus on higher education issues. Journalism has always been a passion for him. He has more than 10 years of enriching experience with various media organizations like Eenadu, Webdunia, News Today, Infodea. He also has a strong interest in writing about defence and railway related issues.



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