Accountancy involves assessing and documenting the financial performance of a company. This is a critical field of work as stakeholders make decisions based on the company’s financial health.
There are various long-term and short-term courses for students enthusiastic about taking up Accountancy.
Popular Diplomas Offered for Accountancy
Some of the Diplomas offered for Accountancy are:
PGDM in Accounting and Finance
PG Diploma in Accounting
Diploma in Advanced Accounting
Diploma in Business Accounting
Diploma in Accounting and Finance
Diploma in Transfer Pricing
Diploma in Accounting Management
Diploma in Accounting Science
Popular certification courses in Accountancy
Some of the certificate courses offered for Accountancy are:
Chartered Certified Accountant (ACCA)
Certified Financial Planner (CFP)
Chartered Financial Analyst (CFA)
Certified Management Accountant (CMA) certification
Financial Modeling and Valuation Analyst (FMVA)
Financial Risk Manager (FRM)
Chartered Global Management Accountant (CGMA)
Chartered Financial Consultant (ChFC)
Chartered Alternative Investment Analyst (CAIA)
Certified Public Accountant (CPA)
Undergraduate Degree
Some of the degrees offered at this level are:
B.Com in Accounting and Finance
Explore: Top B.Com Colleges in Bangalore | Kolkata
BBA in Accounting and Finance
Explore: Top BBA Colleges in Ahmedabad | Hyderabad | Pune | Kolkata
B.Com in Accounting and Taxation
Postgraduate Degree
Some of the degrees offered at this level are:
M.Com in Accounting and Finance
MBA in Accounting and Finance
Explore: Top MBA Colleges in Coimbatore | Ahmedabad | Delhi NCR | Mumbai | Hyderabad | Bangalore
M.Com in Accounting and Taxation
Here are some specialisations in Accountancy that one can opt for:
Accountancy and Finance
Accountancy Hons
Accountancy, Taxation, and Auditing
Accounting
Accounting and Taxation
Professional Accounting
Auditing
Accounting Information Systems
Forensic Accounting
Fund Accounting
Cost Accounting
Fiduciary Accounting
Government Accounting
Tax Accounting
Financial Accounting
Managerial Accounting
Undergraduate level
Candidates who have given their class 12 board exams are eligible to apply.
Candidates who had Commerce are eligible to apply.
Students expecting their board results in class 12 can also apply.
Read More: Top Commerce Colleges in India
Postgraduate level
Candidates need to have a bachelor's degree in Accountancy from any recognised university.
Students need to have a minimum of 50% as their aggregate for applying to most of the postgraduate commerce courses.
Mentioned below are some popular entrance exams that aspirants of Accountancy sit for:
Institute of Chartered Accountants of India, Chartered Accountancy Exam (ICAI CA).
Institute of Cost and Work Accountants, Cost and Management Accountancy Exam (CMA).
Chartered Financial Analysis Exam (CFA).
If you wish to take up Accountancy as a subject, below are some skillsets that you should master:
Quick Thinking Skills
Problem-Solving Skills
Multi-tasking Skills
Adaptability Skills
Ability to be committed to their work
Critical Analysis Skills
Numeric Skills
Time Management Skills
Should be able to coordinate with his team well
Logical Reasoning
Here are some papers that Accountancy covers:
Financial Accounting
Business Economics
Business Organization
Cost Accounting
Business Law
Business Communication
General English
Environmental Science
Fundamentals of Mathematics and Statistics
Business Statistics
Corporate Accounting
Auditing
Financial Reporting
Management Accounting
Corporate Laws
Financial Management
Income Tax Law and Practice
Indirect Taxes
Information Technology and Accounting (Lab Based)
Business Research Methods
Advanced Accounts
Corporate Reporting
Financial Market Operations
Management Information System
Corporate Tax Law & Practice
Project Report – Viva Voce
Business Communication
Value, Ethics, and Governance
Business Analysis
Advanced Performance Management
Summer Training Report
Advanced Taxation
Advanced Audit and Assurance
Principles of Marketing
E-Commerce
Entrepreneurship
Organization Behavior
Banking and Insurance
Operation Research
Human Resource Management
Computerized Accounting (Lab-based)
Mentioned below are some job profiles that students of accountancy get placed in:
Public Accountant
Tax Accountant
Forensic Accountant
Financial Accountant
Managerial Accountant
Financial Planner
Internal Auditor
Government Accountant
Finance Managers
Directors (Finance)
Financial Controllers
Certified Public Accountant
Financial Advisors
Chartered Management Accountant
Chief Financial Officer
Company Secretary
The starting salary for an accountant in India is between 1-5LPA with an estimated annual salary of 2.2LPA.
Candidates looking for similar subjects to accountancy could opt for CS, Finance, Banking, Economics, Taxation, Statistics, Mathematics, Marketing, etc.
Also Read:
Top Economics Colleges in Delhi NCR
Top Economics Colleges in Kolkata