There are various subject combinations offered in the class 12 commerce stream of CBSE and ICSE boards. Considering your career growth and the scope of the subject, you can choose the subjects.

In Class 12, you will be studying subjects like Accountancy, Business Studies, Economics, English, Mathematics, Informatics Practices, Computer Science, etc. This post takes you through detailed information about the 12th Commerce Subjects List 2021.

What are CBSE 12th Commerce Subjects?

CBSE board offers mandatory subjects as well as optional subjects for students studying in class 12. You can choose your desired optional subject based on your interest. Check out the table below to know the CBSE Class 12 Commerce Subjects List.

Mandatory Subjects Optional Subjects
Accountancy Mathematics
Business Studies Physical Education
Economics Informatics Practices
English Legal Studies
- Entrepreneurship
- Regional Language
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What are ICSE 12th Commerce Subjects?

The list of mandatory and optional subjects offered under the ICSE board is as follows:

Mandatory and Elective Subjects Optional Subjects
English Indian/Modern Foreign/Classical Languages
Economics Political Science
Commerce Computer Science
Accountancy Mathematics
Business Studies Physical Education
- Indian Music
- Art

Commerce Subjects 12th Class (CBSE & ICSE)

Here is the list of mandatory subjects of both CBSE and ICSE boards. Go through the 12th Commerce Subjects name and its importance from the post below.


Accountancy is one of the most important subjects in the commerce stream. The subject mainly focuses on understanding the recording of business transactions and the preparation of financial statements.

If you wish to continue your studies in the commerce stream, then you must have a stronghold over this subject in order to score higher marks. You can either choose Company Accounts or Analysis of Financial Statements in your class 12.

The most important concepts covered in the Class 12 Accountancy Syllabus are:

  • Receipt & Payment A/c
  • Income & Expenditure A/c
  • Balance Sheet
  • Accounting for Partnership

Business Studies

This subject helps you to understand and grasp important concepts of business management, best practices, and principles of management, etc. The syllabus is divided into three parts that are principles and Functions of Management, Business Finance, and Marketing, and Project Work.

The important topics covered in the Class 12 Business Studies Syllabus are:

  • Planning
  • Organizing and Staffing
  • Directing
  • Controlling
  • Business Finance and Marketing


In class 12, you will learn important aspects and concepts covered in economics and have an overview of Indian and other economies' functions.

The topics covered in the Class 12 Economics Syllabus are divided into Macroeconomics and Microeconomics.


  • Introduction, simple economy, a market economy, organization of economic activities, etc.
  • Theory of Consumer behavior: the law of demand, shifts in the demand curve, elasticity, etc.
  • Production & Costs: Law of Diminishing Marginal Product, Law of Variable Proportions, returns to scale, short-run & long-run costs, etc.
  • Market Equilibrium & non-competitive markets.


  • Introduction & Concepts
  • National Income Accounting
  • Money & Banking
  • Government budget & economy
  • Balance of Payments: Current Account & Capital account, Surplus & Deficit
  • Foreign Exchange Market


English is a globally renowned language. It is an important subject in 12th Commerce Subjects in order to increase your communication and proficiency skills in the language.

The important focus areas of the subject are Reading Comprehension, Writing Skills & Grammar, Literature & Long Reading.

Optional 12th Commerce Subjects List 2021

Apart from the core subjects, you can opt for any one of the following subjects in your class 12.

  • Mathematics
  • Physical Education
  • Information practices/computer science
  • Legal Studies
  • Entrepreneurship
  • Other languages


You can choose your career as a CA, CS, CMA, etc if you opt for Mathematics in your class 12. Also, you can opt for B.Com (Hons.), Economics (Hons.), and many other subjects as choices for undergraduate programs.

The important concepts covered in Mathematics subjects are:

  • Relations and Functions
  • Inverse Trigonometric Functions
  • Matrices
  • Determinants
  • Continuity and Differentiability

Physical Education

Another popular subject that comes in the list of additional subjects includes Physical education. You can opt for this subject if you wish to get into sports, health, and nutrition, or fitness streams

The main topics covered in Physical Education in Class 12 commerce stream are as follows:

  • Planning in Sports
  • Sports & Nutrition
  • Yoga & Lifestyle
  • Physical Education & Sports for CWSN (Children with Special Needs - Divyang)

Information Practices and Computer Science

This subject gives a deep understanding of how data is processed beyond computer applications to form usable information. Information practices or computer science are great optional under 12th Commerce Subjects for those who wish to get into the data and analytics field.

The major topics covered in these subjects are:

  • Python Pandas
  • Numpy
  • Plotting with Pyplot
  • Introduction to software engineering.

Legal Studies

You can opt for legal studies in class 12 if you wish to pursue law in the future can opt for this subject.

The main topics covered in this class 12 commerce subjects are:

  • Constitution, Roles, and Impartiality
  • Funding
  • Introduction to International Law
  • Sources of International Law
  • International Institutions
  • International Human Rights


Those who are interested in setting up their own business or want to expand businesses in the future can opt for entrepreneurship as an optional subject.

The main topics in these subjects are:

  • Sensing Entrepreneurial Opportunities
  • Environment
  • Scanning Market Assessment
  • Identification of Entrepreneurial Opportunities
  • Selection of an Enterprise
  • Steps in setting up of an Enterprise
  • Basic Qualities of a sound Enterprise

Other languages

If you are interested in learning new and different languages of Indian and foreign lands, then you can opt for other languages. Some of the languages offered are:

  • Hindi
  • Punjabi
  • Bengali
  • Gujarati
  • Tamil
  • Telugu
  • Urdu
  • Malayalam
  • Kannada
  • French
  • Spanish
  • German
  • Chinese

Recommended Class 12th Commerce Subjects Combinations

There are various combinations that can be chosen with Commerce during Class 11 and 12. Here are a few combination recommendations for Class 12 Commerce. Ensure to choose the combinations wisely so that you can have a bright career.

  • Commerce with Maths: Maths is one of the important class 12 commerce subjects and has numerous opportunities. You can do MBA in Finance as your career which has a great future. MBA is one of the leading courses after graduation. It is a great choice if you take up Maths as a combination with Commerce. If you are an aspirant interested in Maths, then go with choosing this combination. Apart from MBA, there are various other career opportunities. 
  • Commerce with IP:  Information Practices is a subject involving Computer Applications. Software is one of the fastly growing careers across the world. There are huge opportunities for IP. If you have chosen Commerce with IP then you must be keen to learn things in depth. It is just enough for interest in Computers but it requires strong computer knowledge. You can pursue MCA as your post-graduation if you have taken up IP in your class 12th Commerce stream. 
  • Commerce with Legal Studies: As the combinations say, the subject involves law as the main priority. If you wish to become a lawyer with commerce knowledge, then take up Commerce with Legal Studies as the combination. You can pursue various graduation like LLB course in law along with Commerce. 

Scope After Commerce in Class 12

The Commerce stream has various opportunities and good career growth. You can choose any of the courses further to pursue your graduation. However, if you are still having doubts while choosing the stream, go through courses after 12th commerce that helps you to identify your goals and which stream has to pursue. Some of the commonly chosen Courses after class 12 are:

  • Bachelor of Commerce (B.Com)
  • Bachelor of Management Studies (BMS)
  • Bachelor of Business Studies (BBS)
  • Bachelor in Business Administration (BBA)
  • Master of Commerce (M.Com)
  • Master in Business Administration (MBA); Business, Operations; Finance;  Marketing; Banking; HR
  • Chartered Accountancy (CA)
  • Chartered Financial Analyst Program (CFA)
  • Company Secretary Program (CS)

Based on the merit list in 12th, you can opt for any course in your graduation. There are many top colleges offering these above-listed courses after the 12th. After these courses, you can join either government or private organizations. Some of the major industries for commerce graduates are Banking, Insurance, Accounts, Management, Investment, and many more. 


Which are the subjects in 12th commerce?

The subjects covered in Class 12 for commerce students include, Accountancy, English, Business Studies and Economics. Along with this students have to choose optional subjects from a range of subjects available.

How many subjects in commerce 12th?

In CBSE board, there are 5 subjects in commerce class 12. In ICSE, students have to take 6 subjects. Those appearing will have to take 7 subjects out of which environmental studies will not be conducted as theoretical exams.

Which is the most important subject of commerce for the 12th?

The main subjects in commerce stream are Accountancy, Economics, Business Studies and English. Students must score good marks in these subjects.

What is the hardest subject in commerce in class 12?

There is no hard subject as such. However, students will have to rigorously practice for the main subjects including Accountancy and Economics since they are highly dependent on calculations and statistics.

Is commerce with Maths difficult?

It is not. However, if you are aiming for a career in CA, CS, or anything in finances, you must have studied Mathematics in Class 12. For those who opt for other subjects may find it difficult to pursue these as career options.

What are the optional Subjects in Commerce?

Students can opt for different languages, mathematics, Information Practices/CS, Physical Education, etc. along with main subjects in commerce in class 12.