College Disha

Finance and Accounting Course

Update on 23 May, 2024

453

5 min read

Finance and Accounting Course-here

Accounting and Finance Courses: Overview

In the fast-growing world where the face and aspects of the era have been changing day by day, people have experienced a widened road for opportunities and development. While forging the way toward career building, students are now exploring new and productive options these days.

Moreover, companies and various organizations also need some representatives to stay vigilant on the financial activities of the organization and maintain a proper account of the work. So, the increasing number of companies and the demand for respective employees leads to the introduction of great scope in the sectors like accounting & finance.

One of the primary concerns that people have been showing is regarding the career and scope of Finance and Accounting Courses. While coming across relevant information with respect to these concerns it is vital to come across the achievements, development, and ongoing performance of the respective sector.

Staying acquainted with them would help you inculcate the requirements and follow the path that can lead you to uplift your future in the respective field. Moreover, by knowing about the jobs involved and working areas you can become more familiar with the field and make the most suitable decision according to your comfort.

4 Tips to Enhance Your Finance and Accounting Career

Accounting & Finance Certifications Courses

From an educational institution to a hospital or any other commercial organization, there is always a person, team, or department, depending on the size of the organization to look after the finances and make a record of the respective operations.

Therefore, there is no denial of the fact there is an immense opportunity available in this field that can improve the graph of your career and the scope of the Finance and Accounting Courses. The regular employers are mostly insurance companies, investment banks, management consultancies, accountancy firms, etc. These recruiters mostly hire graduates of the respective field to work in a specified work area.

The table given below will give you an insight into the type of job profiles for Finance and Accounting Courses provide to you. Reference to the table will help you come across the various modes of opportunities that can serve the purpose of a reliable career.

Job Profiles Working Areas
Chief Financial officer Management Accounting
Financial Advisor Real estate Finance
Chartered Management Accountant Audit
Finance manager Real estate finance
Director in Finance Financial areas
Company Secretary Arbitrator
Financial reporting Accountant, etc. Economist
Chartered Certified accountant Data Analyst
Forensic Accountant Mortgage advisor
Stock Broker -

NOTE: You can also avail of our free career counselling session, for more details you can visit this: Career Counselling, furthermore if you looking for the competitive exam coaching, you can visit this: Coaching.

Getting substantially acquainted with the information related to job profiles and working areas would give you clarity as well as increase your inclination toward choosing the course. So, when people face numerous confusion and a series of doubts regarding job profiles and areas of accountants and finance employees, such details can come of great help.

The basic requirement of skills for such types of courses is that the student should have good analytical as well as quantitative skills.

The awareness regarding business administration, investments, etc. holds the utmost importance to perform better in the field. The habit of staying acquainted with global business can also benefit a person in enriching their skills and flourishing as a good professional.

List of Finance and Accounting Courses in 2024

The courses and the respective duration form the other part of a student’s research process. Knowledge of the different types of courses available can help students to monitor their learning process in a particular subject-oriented manner.

Program For  Courses Duration

UG

B.Com. in Accounting & Finance
BBA in Accounting & Finance
B.Com in Accounting & Taxation
Bachelor of Commerce in Accountancy
Bachelor of Accounting and Finance

3 years

PG

M.Com in Accounting & Finance
MBA in Finance & Accounting Master of Finance and Accounting
Postgraduate Diploma in Accounting and Finance
Post Graduate Diploma in Computer Accounting & Auditing
2 years
2 years
2 years
1 year
1 year

Diploma

Diploma in Accounting & Finance

1 year

The above table gives you a brief insight into the number and types of courses that can be pursued in the Finance and Accounting Course. Moreover, it consists of the information related to Accounting and Finance Course duration. The accounting course duration varies with respect to the types of courses chosen.

First and foremost, the undergraduate, postgraduate, and diploma courses consist of a varied number of courses that come within, involving the respective accounting and finance syllabi. The UG courses consist of BBA and B.Com. in accounting and finance, B.Com in accountancy, etc., and the PG courses comprise M.Com and MBA in accounting and finance, etc.

The basic eligibility criteria for UG courses is that the students should have passed the 10+2 exam (required to have taken commerce and mathematics as their intermediate subjects) with a substantial score because the admission process for most colleges is through a merit list.

For the postgraduate courses, the students are required to have pursued B.Com/BFM/BMS, etc. Apart from these qualifications, the student should carry good analytical skills as well as an inclination towards learning field-oriented techniques in order to stay competent in the working environment in the future. Let us delve into learning more about each course and the respective colleges offering the courses.

Diploma in Finance and Accounting Courses

A Diploma in finance and accounting courses is one of the most suitable options for those who want to get started in building their career as soon as possible by gaining field-specific knowledge just after their intermediate studies.

This diploma in finance and accounting courses is a one-year program that is mostly inclined to the professional aspect rather than academics. The criteria for admission in most colleges require an aggregate of 50% marks in 10+2. Some of the colleges depend on merits while some rely on entrance exams as well for intaking the number of students.

Here are some of the top colleges that offer a Diploma in accounting and finance:

Institute Name Location (Avg. Fees) Adms. Process
Maharaja Sayajirao University of Baroda Vadodara 13,160 Based on Merit
NIIT Rohtak 42,000 Entrance Exam
GD Goenka University Gurugram 70,000 Goenka Aptitude Test
Amity University Noida 1,20,000 Entrance Exam
Pondicherry University Pondicherry 26,000 Entrance Exam

The above table consists of information regarding the aspects such as location, annual fee, and admission process of the respective colleges. Along with this information, concerns regarding the information of eligibility, subjects, and required skills also arise in a student’s mind.

Although students from any stream can pursue the respective course, the commerce stream could be the most preferable of all. Moreover, there might be colleges that can prefer the candidates to have taken mathematics as a compulsory subject as well.

The Finance and Accounting Courses syllabus for diploma courses consists of objects like Accounting and Audit Practice, Fundamentals of Accounting, Capital market, Indian Banking System, Economic & Finance Introduction, and many other subjects.

The admission process of accounting and finance for the diploma course varies with respect to different colleges some of them conduct entrance exams for intaking the students whereas some colleges prefer intaking the students on the basis of their merits.

The accounting course duration is one year which contributes significantly to the students in acquiring theoretical as well as practical knowledge of the subject and getting employed in a very short time.

Finance and Accounting Courses: Undergraduate Courses

The Ug courses that mostly cover a duration of 3 years consist of diverse courses such as BBA in Finance and Accounting Courses, Bachelor of Accounting & Finance, etc. Some of the top institutes offering PG courses are Narsee Monjee College of Commerce and Economics, Stella Maris College, etc. The eligibility criteria, course fees, the type of courses available and the type of admission process varies with respect to different colleges.

The table given below consists of the respective information related to some of the top colleges offering UG courses.

Institute Name Location (Avg. Fees) Courses Adms. Process
Narsee Monjee College of Commerce and Economics Mumbai 60,000 B.Com (Accounting & Finance) Merit-based
Stella Maris College Chennai 88,900
HR College of Commerce & Economics Mumbai 30,000
Christ University Bangalore 4,55,000 BBA (Accounting & Finance)

The candidates who have completed their 10+2 from a recognized board or university are eligible to pursue the UG course. The Admission process of Finance and Accounting Courses for UG courses is mostly merit-based for most colleges but some of the colleges conduct entrance exams to intake students. The students from the commerce stream can benefit from such exams they can be more preferred.

As some of the colleges show importance or a significant preference for mathematics as a compulsory subject, students aspiring for taking accounting and finance should keep this in mind. Students can also choose to pursue distance education in this subject.

The Finance and Accounting Courses syllabus for different UG courses varies according to the type of course offered. The job profiles for such posts can be Operations Manager, Financial Analyst, Corporate Analyst, accounts assistant, etc. Some of the top recruiting sector companies for graduates in this field are Financial agencies, Banking sectors, audit offices, educational institutes, stock exchanges, etc.

By opening diverse options and widening the roads of learning, the numerous UG courses in accounting and finance build the students to make them worth performing substantially in their profession.

Finance and Accounting Courses: Post-Graduate Courses

The PG courses in finance and accounting courses are a two-year program that is pursued by students after their graduation. Such courses are preferred to develop deep night into the Courses and gain profound knowledge about the field-oriented as well as theoretical information.

The criteria of eligibility for most of the colleges with respect to this course is that they must have a score of at least 50% in their graduations in B.Com, B.Com(Hons.), B.Com (Economics), etc.

However, the criteria for eligibility are subject to the reservation of ye candidates who fall into the different category respectively.

The table given below consists of the list of some of the PG courses available and the information regarding the subjects, colleges, fees, and admission process with respect to the courses:

Courses Colleges/Universities Subjects Avg. Fee Time Duration

M.Com

Annamalai University, GGSIPU, Delhi University, etc.

Corporate accounting, Financial accounting, Direct taxes, Computerised accounting, etc.

INR 8k- 2.5 lacs

2 years

Master in Finance and Accounting (MFA)

University of Allahabad(Uttar Pradesh), Presidency College(Karnataka), Institute of Business Management & Technology (Karnataka), etc.

Modern Banking, e-Commerce, security analysis, cost control techniques, etc.

INR 30k- 2.5 lacs

2 years

MBA Accounting

Delhi Technological University, IIT Bombay, ICFAI University, Rabindranath Tagore University, etc.

Management accounting, Material & Logistics Management, Managerial Economics, etc.

INR 4lacs- 15lacs

2 years

PG Diploma in Finance

Symbiosis International(Pune), Institute of Business & Finance, (New Delhi), M.S Ramaiah Institute of Management, etc.

Managerial economics, Capital market, Management of banks, Management accounting, etc.

INR 10k - 6 lacs

1 year

Admission Process of Finance and Accounting Courses

The admission process of Finance and Accounting Courses for some of the courses like M.Com are done by a common Entrance exam by most colleges but some of the colleges choose a merit-based selection process. The various subjects offered in courses like MFA Course, M.Com A&F, MBA in accounting, etc. include subjects like logistics management, cost control accounting, and computerized accounting, etc. in the accounting and finance syllabus. Furthermore, the job profile for courses like MBA financial managers, forensic accountants, chief compliance officers, etc.

After the students complete their graduation, the PG courses open more options for the students to gain new skills and improve on the pre-acquired ones. By pursuing this course the candidate has an increased chance of adding professional aspects to the theoretical knowledge acquired under the guidance of the faculty of the respective college.

Job Opportunities After Finance and Accounting Courses

There is a primary concern that revolves in the mind of the students about the career and scope of finance and accounting courses. Although the fact is utterly undeniable that the person choosing the field should be extremely good with quantitative and field-oriented skills. Moreover, they should carry a keen vision for keeping even the trivial things of an organization in the correct order.

Even professionals who are efficient in their field and hold profound knowledge prefer staying updated with newly introduced schemes, occurring events, or any other relevant news related to the field. This helps them stay competitive in this fast-changing scenario of the world.

There are several benefits that come along with having a career in Finance and Accounting Courses. Due to the ever-expanding economy and a fast-growing and changing era, there has always been a limitless demand for skilled employees in the field of Finance and Accounting Courses.

If someone considers the factor of job security as a major concern, the demand that is encountered by this sector has created a great range of options for the people working in it. Therefore, they can choose the organization type and environment with respect to their wish and work accordingly.

In this field, a person also has the option to become one’s own master by being self-employed and performing better in the field. Such factors make a relevant contribution to making the work flexible. Along with learning about the courses, colleges, job profiles, and areas of accountants and finance employees, such facts about the sector can give a direction to your career-related thoughts.

Benefits of Finance and Accounting Courses in 2024

There has been a great vogue for studying and making a career in accounting and finance. The high demand due to the gradually widening market has contributed as a vital reason behind the preference and inclination towards this field.

There are some advantages of choosing accounting & Finance courses as a career option, have a look at some of them:

  • There is a varied availability of fields and specializations in Finance and Accounting Courses. A student has the option to explore diverse courses and choose accordingly.
  • The course has a very high demand due to great career prospects in the job profiles like chartered management accountant, Chief Financial officer, etc. which reflects the surge of your career and the scope of the Finance and Accounting Courses.
  • There is a substantial salary package for graduates or other students who pass the subject through various courses. This factor carries significant potential and gives a major boost to the factor preference.
  • If the respective professional holds profound knowledge and field-oriented skill, there are chances of great career advancement in this field as well.

Conclusion

There is no denial of the fact that the education sector has bestowed numerous options upon students with respect to diverse sectors. The sector of Finance and Accounting Courses is one of them that has been touching new heights with every passing day due to the effect of globalization and the fast-changing world. Meanwhile, students face a primary concern about the career and scope of the Finance and Accounting Courses at the foremost.

This concern is followed by the search for the appropriate college, courses, and other related information like the syllabus involved, fee, etc. In this article, we have tried to cover all the respective aspects. Hopefully, such information can stand of great help and aid you in getting acquainted substantially.

Need help?

Copyright @2024.www.collegedisha.com. All rights reserved