B.A. in Accountancy is a 3- year undergraduate course, designed with the objective of preparing eligible candidates for professional practice in Financial Accounting, Management Accounting, Auditing, and Taxation.
It is one of the specializations of Bachelor of Arts (BA) that deals in finance, management, accounts and related disciplines. The curriculum also includes intermediate coursework in Business Law and Economics, besides general coverage of Management Theory, Business Mathematics, and Statistics. Some programs also allow for candidates to choose from among specializations in topics such as Tax Accountancy, Auditing, and Forensic Accountancy.
Accountants are best known for validating company accounts or auditing, but they also devise and operate financial systems, conduct investment analysis, advise on business matters, and handle individuals’ and corporations’ tax affairs.
Successful graduates of the course are typically hired as Accountants in different areas of the industry.
The course fees in India ranges between INR 30,000 and 5 lacs for the total duration. The average annual salary offered to such postgraduates ranges between 3 and 10 lacs.
Listed below are some of the major highlights of the course.
|Examination Type||Semester System|
|Eligibility||10+2 from a recognized university|
|Admission Process||Direct admission. Entrance tests in some cases.|
|Course Fee||INR 15,000 - 50,000|
|Average Starting Salary||INR 5 - 6 lacs|
|Top Recruiting Fields/Areas||Banks, MNC's, Consultation Firms, Sensex, Nifty, Commercial Offices, etc.|
The course essentially aims to prepare enrolled to effectively track a company's financial history and make recommendations so it can remain in good fiscal shape while planning for future growth. The program is designed based on a broad liberal arts perspective with components of career-specific business and accounting courses.
The course’s curriculum involves coursework consisting of both theoretical and practical lessons. Chiefly, the core courses include subjects such as Accounting, Management, Marketing, Statistics, and other business or economics- related topics, such as Auditing, Business computer skills, Cost accounting, Statistics, Marketing, Macroeconomics, Strategic Management, investments, and the role of the accountancy in international markets.
Ideal candidates of the course would possess the following:
Listed below are some of the top institutes offering the course in the country with the corresponding locations and fees charged by each.
|Name of Institute||City||Average Fees in INR|
|Lovely Professional University||Delhi||4 lacs|
|A.M Jain College||Chennai||6,300|
|University of Calcutta||Calcutta||10,737|
|University of Madras||Chennai||3,500|
As a minimum criterion of eligibility, candidates wishing to pursue the course need to have attained the 10+2 qualification with Accounts, Math, Economics and Business Studies as main subjects.
Admission to the course is based on the candidate’s performance at the 10+2 level, on the basis of merit.
However, some institutes offering the course in the country also conduct entrance exams at the institute or State level for assessing and admitting candidates.
A semester-wise breakup of the course’s syllabus is tabulated below.
|Financial Accounting I|
|Business Regulatory Framework|
|Business Math and Statistics|
|Principles and Practice of Management and Business Communication|
|Information Technology and Applications in Business|
|Principles of Marketing|
|Advanced Business Math|
|Financial Accounting II|
|Direct and Indirect Taxation|
|Financial Accounting III|
|Cost and Management Accounting|
Some of the popular career avenues open to such graduates are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Salary in INR|
|Financial Risk Analyst||A Financial Risk Analyst is responsible for measuring, analysis, monitoring and identifying market and credit risk through the production of sensitivity, simulation, stress testing, scenario analyses and optimization modelling.||2 - 10 lacs|
|Financial Planner||A certified Financial Planner, also called a Personal Financial Advisor, works with individuals and businesses to guide them in making budgetary, savings and investment- based decisions. They need good communication and interpersonal skills in addition to advanced knowledge of finance.||3 - 8 lacs|
|Investment Analyst||Investment Analysts provide stockbrokers, fund managers and stock market traders with financial information, advice and recommendations derived from global investment data.||5 - 9 lacs|
|Accounts Handler||For gaining clients, Insurance Companies need account handlers to help them develop their contact books and increase sales of their policies. Working closely with other insurance professionals, they liaise with underwriters to adapt policies to suit their clients and customers.||5 - 8 lacs|
|Tax Adviser||Tax Advisers/Consultants are experts in providing commercially-focused tax advice and tax services to a wide range of clients who operate in all sectors of the economy. Tax Consultants work to help ensure that their clients make the best business decisions in the light of fiscal change and development.||4 - 7 lacs|
|Accountant||Accountants prepare asset, liability, and capital account entries by compiling and analyzing account information. They document financial transactions by entering account information, and recommend financial actions by analyzing accounting options. Also, they substantiate financial transactions by auditing documents.||7 - 15 lacs|