Bachelors Accounting and Finance

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What is Bachelor of Accounting & Finance?

Bachelors of Accounting and Finance is a 3-year (full-time) undergraduate course. It is the course that teaches the fundamentals of accounting and financial practices. Through this course, a person can learn the technical skills associated with many of the financial analysis procedures and accounting standards. This course includes subjects such as income tax, business economics, business law, banking theory, financial accounting, etc.

Bachelors in Accounting and Finance Key Highlights

  • Complete Form: Bachelor of Commerce in Accounting and Finance

  • Duration: 3 years

  • Eligibility: 10 + 2

  • Admission process: counseling after taking the entrance exam

  • Higher entrance exam: DU JAT, NPAT, SET, MHT CET, IPU CET

  • Colleges: NIMS University, Ethiraj College for Women, Stella Maris College,

  • Average course price: INR 2000 to INR 4Lakhs

  • Distance education: available

  • Institute of Distance Education: Karnataka State University, Bharathiar University, Bangalore University, Acharya Nagarjuna University, Chandigarh University, etc.

  • Average distance education fees in accounting and finance from Bachelors: INR 2000 to 50,000

  • Career Opportunities: Account Assistant, Business Analyst, Money Manager, Risk Analyst, Senior Accountant, Market Analyst, Financial Analyst, Cashier / Cashier, Executive Assistant, Investment Banker, etc.

  • Average Salary Package: INR 1 to INR 10 Lakhs

  • Employment area: Public sector banks, corporate banks, insurance sector, credit and financial companies, trading, stock market, etc.

  • Higher Education Options: MBA in Banking and Insurance, Chartered Accountant, Master of Financial Management (MFM), Chartered Management Accountant, etc.

Basic eligibility for this course is completion of 10 + 2 or its equivalent exam in business / arts or science from a recognized board with a minimum score of 50%. The minimum qualifications required by universities to offer admission to this course may vary from university to university. Universities grant admission to Bachelors in Accounting and Finance courses based on grades obtained at the 10 + 2 level. The admission process may vary from institute to institute. There are universities that offer direct admission to the course on the basis of merit and an interview or personal counseling after taking the entrance exam.

The average cost to follow Bachelors in Accounting and Finance varies between INR 2,000 - 4Lakhs, while the exact fees vary from one university to another. There are numerous universities in India offering distance education in Accounting and Finance. Renowned open universities like Bangalore University, Acharya Nagarjuna University, Chandigarh University, etc. They offer this course through distance learning mode.

The average annual fees to study Bachelors in Accounting and Finance through distance learning are INR 2000-50,000. Bachelors in Accounting and Finance graduates are generally hired in areas such as educational institutes, banks, stock exchanges, special tax departments, audit offices, etc. and they can find jobs in the fields of Business Analyst, Money Manager, Risk Analyst, Senior Accountant, Market. Analyst, financial analyst, cashier / teller, executive assistant, investment banker, etc.

If a candidate wishes to pursue higher studies, they can pursue MBA in Banking and Insurance, MBA in Banking and Finance, MCom Banking and Finance, Public Accountant, Master in Financial Management MFM, Executive Program in Applied Finance, etc.

What is the Bachelors in accounting and finance admissions process?

Admission to the Bachelors in Accounting and Finance course is awarded on the basis of the entrance examination which is followed by counseling. When applying for admission to the Bachelors in Accounting and Finance course, applicants should focus on these steps:

  • Candidates can apply through online or offline mode respectively.

  • Candidates must submit the application form after completing all the required details, before the deadlines.

  • Candidates must bring their documents at the time of admission.

  • All students must bring their credential (both original and copy) during admission.

  • Some colleges offer direct admission to the course on the basis of merit and personal interview.

What are Bachelors minimum accounting and finance eligibility criteria?

The candidate should focus primarily on the eligibility criteria of the university he wishes to enter. In order to gain admission to the Bachelors in Accounting and Finance course, the basic eligibility criteria are mentioned below and may be varied at different colleges and universities.

  • Completion of 10 + 2 or its equivalent exam in the flow of trade.

  • The minimum marks obtained by the candidates must be 55%.

  • The candidate must meet the minimum cut-off criteria of the particular university for admission to which he applied.

  • The minimum cut-off grade criteria may be different for each university, as they are subject to the university's own admission criteria for that year.

  • There are some universities that conduct entrance exams; the candidate must pass that particular entrance exam.

What Bachelors in Accounting and Finance Entrance Exams Are Taught in India?

Here is the detailed information about each entrance exam in India conducted to grant admission to the Bachelors in Accounting and Finance course by the various colleges and universities, including general information about the exam, eligibility criteria, important dates, plan study, preparation tips and much more.

  • DU JAT - DU JAT is an entrance examination conducted by the University of Delhi for admission to its prestigious courses. The DU JAT entrance exam consists of 4 sections: quantitative aptitude, verbal ability, logical reasoning and general and business knowledge. It is done in online mode.

  • NPAT- NIIMS after Twelfth Programs is the entrance test for admission to integrated degree and degree programs. The exam takes place once a year and you will get a total of 2 hours to solve all the questions.

  • SET - Symbiosis Entrance Test is conducted by Symbiosis International University once a year for admission to undergraduate courses nationwide. The total duration that you will get to solve all the questions is 2 hours and 30 minutes. And it is an exam in online mode. And SET's syllabus is General English, Logical Reasoning, Quantitative Skills, and General Awareness.

  • MHT CET: The Maharashtra Common Income Test is conducted by the Common State Income Test at the state level. It is an exam in online mode and the duration of MHT CET is 90 minutes.

  • IPU CET- Indraprastha University Common Entrance Test is a university level exam organized by Guru Gobind Singh Indraprastha University. It is an exam in online mode that is carried out for the admission of candidates to UG and PG level programs. And the total duration of this exam is 2 hours and 30 minutes.

How to prepare for the Bachelors in accounting and finance entrance exam?

There are some points that a candidate should keep in mind while preparing for the Bachelors in Accounting and Finance course entrance exam and candidates should strictly follow these tips only then can they pass the entrance exam on their first attempt:

  • Before starting the preparation, do a little research on the full syllabus and old articles. First, know how many chapters and topics have been included in the syllabus.

  • While preparing, prepare easy chapters first, many times it happens that people get stuck in difficult chapters and those chapters take too long.

  • The current entrance exam will contain subjects such as quantitative aptitude, verbal ability, logical reasoning, general ability and currency.

  • Make sure you get some of the best study materials for the Bachelors in Accounting and Finance entrance exam. These books will also ensure optimal preparation.

How to get admission into a good Bachelors in accounting and finance college?

Every student wants to be admitted to the best university, in order to gain admission to the best Bachelors in Accounting and Finance University, he must take into account some important points. So, here are some tips for getting into the University of your Choice:

  • There are two main bases or pillars of the admission process in the best institutes.

  • One of them is the Eligibility Criteria pillar and,

  • The other is the entrance exam to the pillar.

  • Your graduate or graduation percentage must be in accordance with the college's eligibility criteria.

  • Be up-to-date with the deadlines for filling out application forms through websites, newspapers and magazines.

  • Practice your jobs from the previous year to improve your time management skills at the time of your entrance exams.

  • You must have the ability to study a subject in depth and therefore candidates must possess the required skill set and dedication as well as being extremely hardworking while following this course.

Bachelors in Accounting and Finance: What is it about?

Here is the description of the Bachelors in Accounting and Finance course, what every student should know about this course. It includes, what areas this course focuses on, what you will learn, and what skills you can develop after following this course:

  • Accounting and Finance involves the concepts of money, business, and management, with an emphasis on careers in these areas.

  • Accounting is related to the analysis of information for different aspects of a company, while finance surely refers to a corporate monetary fund.

  • Accounting and Finance degrees give you knowledge of accounting practices, business, industry, and finance.

  • This course will help you develop a variety of technical and subject-specific skills, you will also gain more general skills such as numerical and quantitative skills, oral and written communication skills, entrepreneurship, ability to argue your case and negotiate, etc.

Highlights from Bachelors in Accounting and Finance Course

The Accounting and Finance course allows you to flex your math muscles while applying technical knowledge to business situations. Listed below are some key highlights of the Bachelors in Accounting and Finance course:

Bachelors in Accounting and Finance Course

Bachelor of Commerce in Accounting and Finance

Duration 3 years

10 + 2 eligibility

Bachelor level

Average Tuition Rate INR 2000 to 4Lakhs

Average Salary INR 1 to 10 Lakhs

Top recruitment companies EY, KPMG, Deloitte, PWC, Deloitte, Accenture, Oracle, Gartner, SBI, NABARD, PNB, CBI, etc.

Admission process 

Admission and merit-based followed by interview

Why choose Accounting and Finance from Bachelors?

Studying accounting and finance could be ideal if you like math and want to apply it to business, be it management, business law or economics.

  • The scope to work in any industry business in all sectors needs someone to do the math.

  • Opportunities abroad, cultural exchanges help provide you with a deep understanding of the global economy, as well as learn about a new place while developing language skills.

  • Accounting and finance play an important role at the core of every organization. Public and private sectors such as non-profit organizations, it is impossible to operate without operational finance.

  • Today, companies of all shapes and sizes are under scrutiny regarding their financial activities. It is for this reason that qualified and capable accounting professionals are in high demand across all industries.

What is the Bachelors in Accounting and Finance Curriculum?

The detailed program of the Bachelors of Accounting and Finance course that you will study during the course is mentioned below in the table by year and the study program covered in the discipline may differ depending on the university you choose:

YEAR 1 

YEAR 2 

YEAR 3

Financial Accounting 

Corporate Accounting 

Business Finance

Business organization 

Business statistics Audit

Business economics 

Business law Income tax

Banking theory Cost accounting

Business environment 

Accounting for management decisions

-

Environmental studies

-

Bachelors of Accounting and Finance career prospects and career opportunities

Bachelors of Accounting and Finance graduates have great career opportunity in India and also abroad, Some of the popular jobs available for Bachelors of Accounting and Finance graduates in today's market are listed below: 

Job 

Description 

Average salary

Personal Finance Consultant 

A personal finance consultant who advises clients on taxes, retirement planning, investments, and insurance decisions, based on their financial goals. 

9,81,627 INR

Financial Analyst 

The responsibility of financial analysts is to track the financial performance of a company against a plan, analyze business performance and market conditions to create forecasts, and help senior management make tactical and strategic decisions by providing reports newspapers. 

INR 5,85,380

Account Assistant 

The responsibilities of an account assistant will be to reconcile financial accounts, maintain spreadsheets, control credit, verify calculations, work with the account system, reconcile direct debit mandates, manage petty cash transactions, etc. 

INR 2.48,033

Money Manager 

Money managers responsibilities include researching and finding companies, funds, industries where managers can find investments, choosing and advising on bonds, stocks, currencies and other investment commodities for funds, developing investment strategies for individuals, and companies, analyze the past and present financial data, strategy, policy, company management, examine industry trends and economic factors such as inflation, unemployment rates, etc. 

INR 7,62,187

Senior Accountant 

A senior accountant is responsible for maintaining records of assets, liabilities, profits and losses, tax obligations or other financial activities within an organization, investigating budget issues and variances, analyzing financial data and preparing budget forecasts, maintaining the general ledger according to be necessary. 

INR 3,55,696

Scope of Bachelors in accounting and finance

The scope of Bachelors in Accounting and Finance is very broad and after taking the Bachelors in Accounting and Finance course, candidates can get the best opportunities in many fields anywhere in the world. In addition to following additional academic courses like MCom, MBA, CA, etc., the other areas after this course are:

  • In both the public and private sectors, including non-profit organizations, it is impossible to operate without operational finance, so there is a wide scope in this field.

  • A career in professional accounting and finance can be incredibly satisfying and rewarding, although it must be built on a solid educational foundation.

  • Any business that relies on money to get ahead depends on the services of accounting and financial professionals.

  • For these reasons, qualified and capable accounting and finance professionals are in extremely high demand in almost every contemporary industry.

  • A career in the accounting field can be incredibly satisfying and rewarding, although it must be built on a solid educational foundation.

  • Those who work as freelance accountants enjoy complete flexibility and the freedom to choose their own hours and work patterns.

FAQ’s on Bachelor of Accounting & Finance

Q.1. what can I do after Bachelors in accounting and finance?

Answer. MBA, Chartered Accountant, Company Secretary, Master of Commerce, Chartered Financial Analyst, Business Tax & Accounting, Certified Management Accountant, US Certified Public Accountant, Financial Risk Manager, etc.

Q.2. what are the professional course options after Bachelors Accounting and Finance in addition to the MBA?

Answer. You can opt for courses such as Postgraduate Diploma in Banking (PGDB), this course is the best to gain practical knowledge of the banking sector, a specialized master's degree in the field of accounting and finance, and there are many options.

Q.3. Are Bachelors in accounting and finance useful for a CA?

Ans. Yes, Bachelors in accounting and finance useful for a CA, a student who wants to do CA in his future can opt for this course without any doubt.

Q.4. How successful is the Bachelors Accounting and Finance course at Christ University?

Answer. Bachelor's degree course in accounting and finance provides a good foundation for advanced degree programs in the respective subjects.

Q.5. what is the best difference between BCom honors and Bachelors accounting and finance?

Answer. Both courses are better in their own way, but if you want to earn honors from BCom or accounting and finance from BCom, both courses have a broad career scope.

 

 



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