Accounting and finance
hello anuchudasama,
B.Com International Accounting and Finance is an undergraduate program in Commerce integrated with Association of Chartered Certified Accountants, UK. ACCA is a global professional accounting body offering the Chartered Certified Accountant qualification, recognized in over 180 countries.
The program comprises of papers offered by Mount Carmel College along with papers integrated with ACCA. The program entails a student completing the ACCA qualification alongside their B.Com IAF from MCC. The student needs to attempt external examinations conducted by ACCA across three years of her B.Com program. The core papers will be taught by experienced professionals in relevant fields. The methodology used in the program builds a platform for the students to apply their analytical skills. It also enables the students to obtain substantial fundamental knowledge of subjects like Accounting, Taxation, Law, Financial Reporting, Auditing, Risk Management, Corporate Governance, Management Accounting, Strategic Business Finance, Business Ethics and Performance Management. The B.Com IAF course is challenging and yet very rewarding to students with high career aspirations. It is also a globally recognized course.
Career Opportunities
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Hope this will help you a lot,
Thank you
Hello,
The eligibility criteria of BMS is based on passed 10+2 from a recognized board securing 50% or above aggregate depending upon the norms of the university, on the other hand the eligibility criteria for post-graduate diploma in accounting and finance is passed bachelor's degree in any discipline from a recognized university, hence PGD in accounting and finance can only be pursued after completion of graduation, you cannot pursue this course along with BMS.
Symbiosis college has an edge over NMIMS in terms of teaching and placement in M.com Marketing and Finance. Symbiosis offers a higher average salary package and has more marketing centric placements which is the reason that makes it more accountable with Marketing and Finance Stats. Symbiosis offers a placement with an average salary of 20.14LPA whereas NMIMS offers placement with an average of 18.33 LPA.
Yes, Bachelor of Accounting and Finance is a degree course for three years duration, so if you pursue it from a recognized university, then you're definitely eligible to appear for UPSC as its eligibility criteria states graduation in any discipline from a recognized university, you need to attain 21 years age as of the appearing year, and you can also apply in the final year of graduation, UPSC is conducted in three phases such as Prelims, Mains and Personality Test,
See as per the information available online, I would say MCOM in Finance or Accounting & Taxation will be the best for CA if you wish to go for Masters program. Having a basis of Taxation / Finance will help you to coup up the essence of the CA course.
I hope this answer helps. All the very best for your future endeavors!
hello sharon,
Bachelors of Commerce or B. Com is an undergraduate degree in commerce (or business) and related subjects. It’s a 3-year programme with 2 semesters every year (6 semesters in total). The course is designed to provide students with a wide range of managerial skills and understanding about streams like Finance, Accounting, Taxation and Management. In addition to this, students are exposed to general business principles with courses in Business Management, Human Resources (HR), Marketing and Economics. Programmes may also require Business Statistics, Elementary Calculus and Information Systems.
On the other hand, BAF/B. Com (A&F) i.e. Bachelor of Accounting and Finance/ Bachelor of Commerce in Accounting and Finance is an undergraduate programme which was introduced by the University of Mumbai in the year 2003-04. It is a 3-year self-financing degree course spread across six semesters i.e. two semesters a year, focusing on the domains of Accounting and Finance. It also provides opportunities to gain a broader insight into the financial aspects of Business and Management. The objective of introducing this course was to enable self-employment and provide skilled professionals in the field of Accounting & Finance to organisations.
B. Com is for students who are basically good at accounting but are also open to having a plethora of subject choices for higher studies like Economics, Industrial Psychology, Human Resources (HR), Import-Export, etc. While BAF is for students who are determined to make a career in Accounting & Finance. Students looking at a career as a Chartered Accountant (CA) are recommended to take up BAF because it acts as a great foundation builder for a career based on Accounting and Finance like in the field of Chartered Accountancy.
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* ACCA is one of the most prestigious and recognized accountancy qualifications in the world. With it you can operate within 179 countries and can be earning 100k and over, within 5 years of qualifying.
* But with so many possibilities, where do you start? To help give you an idea of what paths you may follow, here are some ideas:
- Management Accountant
- Financial Accountant
- Finance Manager
- Fund Accountant
- Finance director
- Chief financial officer (CFO)
- Forensic Accountant
- Treasury
- Assistant accountant/trainee accountant
- Auditor
(1) MBA (Master of Business Administration) - One common option is to go for an MBA Post Graduation degree. MBAs offer an overview of key business practices and are highly valued by top employers. It’s normally expected that you would follow this path after at least a couple of years of practical experience, however.
(2) CFA (Chartered Financial Analyst) - CFA is another popular post graduate course many study after completing ACCA, and it can definitely boost your finance career. This qualification is usually a requirement if you are looking to get a finance role with a large organisation (such as the ‘Big Four’).
The CFA program is the gold standard in finance credentials, designed for aspirational and experienced finance professionals who want to take their career to the next level.
* ACCA is a qualification that is most recognized in all the developed countries across the globe. Thus countries like UK, Australia, Canada, and many others recognize ACCA as a professional qualification and you find job openings in these countries related to the certification.
* Other professional degrees which is beneficial for ACCA member (accounting and finance) in Canada for Indian immigrants are :
* Hope this information helps !!
* Good Luck !!
Telling you the harsh reality of life and this world first. That a diploma student cannot earn much and you have to start studying more like bachelor's and masters.
Try to gain some experience first then start with something else.
You would be getting numerous job opportunities and career options after obtaining a well-recognised Accounting and Finance degree. If you believe that you have strong analytical mind and numeracy skills, and are confident that you can efficiently manage money, you can become a successful accountant.
With diploma there are limitations like you can get Financial Services Manager, Bookkeeper/ Accountant, Tax Agent etc.
https://www.accounting-degree.org/top-paying-accounting-jobs/
Hope this helps!!!
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