Studying Accountancy

Eligibility, Courses, Specialisations, Syllabus, Scope

What is Accountancy?

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. 

 


Degrees Offered for 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 

 


Specialisations in the field of Accountancy - 
 

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

 


Eligibility Criteria for Studying Accountancy -  
 

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. 

 


Entrance Tests for Studying Accountancy - 
 

Mentioned below are some popular entrance exams that aspirants of Accountancy sit for:


 

Aptitude required for Studying Accountancy -  
 

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 

 

Syllabus for Accountancy - 
 

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)

 

Career Prospects/Placements for Students of Accountancy - 
 

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

 

Starting Salary for Students of Accountancy - 
 

The starting salary for an accountant in India is between 1-5LPA with an estimated annual salary of 2.2LPA. 

 

Subjects similar to Accountancy -  
 

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

 

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