BBA Accounting is a 3-year undergraduate course with specialization in the domain of accountancy. For admission to the course, the candidate needs to have passed the Higher Secondary School Certificate (10+2) examination with commerce subjects such as Accounts, Math and Economics.
Top Institutes offering this course are:
The average tuition fee charged in India for this 3- year long course ranges between INR 90,000 and 5 Lacs.
Admission to the course is based on the student’s performance in a relevant entrance test like AIMA, SET, IPU CET, Goenka Aptitude Test etc.
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Successful graduates of the course are hired in capacities such as Chief Accounting Officer, Accounting Firm Partner, Finance Director, Audit Manager etc., in industries such as Banks, Marketing Organizations, Educational Institutes, Business Consultancies, Multinational Companies, Financial Organizations and Export Companies. The initial average salary offered in India to such graduates ranges between INR 2 and 3 Lacs.
Organizations such as Genpact, Tata Consultancy Services Limited, WNS Global Services, Wipro Technologies Ltd., Tata Motors, Bharat Sanchar Nigam Limited (BSNL), National Small Industries Corporation Limited (NSIC), Heavy Engineering Corporation Limited (HEC Ltd) hire such graduates.
Listed below are some of the major highlights of the course
|Examination Type||Semester System|
|Eligibility||10+2 with science subjects|
|Admission Process||Based on counseling after clearing entrance tests such as AIMA, SET, IPU CET, Goenka Aptitude Test etc.|
|Course Fee||INR 90,000 to 5 lacs|
|Average Starting Salary||INR 2 to 3 lacs|
|Top Recruiting Companies||Genpact, Tata Consultancy Services Limited, WNS Global Services, Wipro Technologies Ltd., Tata Motors, Bharat Sanchar Nigam Limited (BSNL), National Small Industries Corporation Limited (NSIC), Heavy Engineering Corporation Limited (HEC Ltd) etc.|
|Job Positions||Chief Accounting Officer, Accounting Firm Partner, Finance Director, Audit Manager|
The course aims to offer to enrolled students a theoretical understanding of how accounting principles work within a business context, by means of practical experience dispensed through internships. The course combines the fundamentals of a business program with concentrated coursework in accounting.
The course attempts eligible candidates with sufficient knowledge and skills in accounting and finance- the two important factors in any business and business corporation. The course prepares individuals for positions in Finance, Tax or Management Accounting and Auditing, and for the new CPA (Chartered Professional Accountant) designation. The program offers a number of electives and a work experience component.
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 Annual Fees|
|Christ University||Bangalore||INR 3.4 Lakh (course)|
|Madras Christian College (MCC)||Chennai||INR 3 Lakh (course)|
|Amity International Business School||Noida||INR 4.5 Lakh (course)|
|Banasthali University, Rajasthan||Rajasthan||INR 92,000 (course)|
|GITAM Institute of Management||Andhra Pradesh||INR 1.9 lakh (course)|
To apply for the course, the candidate needs to have cleared the class XII examination with English as one of the main subjects. Some institutes such as Amity University also consider Math and Accounting as main subjects studied in class XII as the basic criterion of eligibility.
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Admission to the program is mostly based on the candidate’s performance in a relevant entrance exam conducted at the level of universities. This is followed by a round of group discussion and personal interview.
Christ University, Goenka Aptitude Test for Admission, and RNB Global University are some of the colleges which take an entrance exam for admission to the course.
Some top entrance examinations held for admission to the course in the country are listed here:
Listed here are the major subjects and areas of study covered in the course curriculum
Subjects of Study
Introduction to Management Accounting
Working Capital Management
Fund Flow Statement
Cash Flow Statement
Cost – Volume – Profit Analysis
Management of Profits/Dividend Policy
Analysis and Interpretation of Financial Statements
Overview of latest developments in Accounting
Common size financial statement, Trend Analysis
Accountants tackle finances for individuals, companies, non-profits, and governments. Successful graduates of the course may find lucrative employment opportunities in areas including Personal Accounting, Government Accounting, and Auditing, Public Accounting Firms, Markets Research, Budget Planning, Corporations, and Consultancies.
Professionals in this career can also opt for teaching jobs in universities and colleges. Graduate professionals can work as freelancers in this field. They can work separately by taking assignments from small ventures for maintaining their accounts on a daily or weekly basis. There is a number of job opportunities available in India and abroad for Chartered Accountants.
Some of the popular professional avenues open to such graduates are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Pay Scale in INR|
|Accounting Clerk||They perform accounting and clerical functions to support supervisors, record business transactions and key daily worksheets to the general ledger system. The input type vouchers, invoices, checks, account statements, reports, and other records, and work with adding machines, calculators, databases and bank accounts.||2,07,756|
|Auditing Clerk.||Auditing Clerks work in conjunction with accounting and bookkeeping clerks in order to manage accurate financial records for large and small businesses. They are responsible for verifying the accuracy of financial records and catching mistakes made by other clerks or employees.||2.5 Lacs|
|Accounting Associate||They assist Accountants and Auditors with bookkeeping, clerical duties, and managing accounts. They resolve outstanding payments through communication with departments, vendors, and clients. They process, record, and pay invoices, bills, and other transactions.||2.3 Lacs|
|Directors (Accounts)||To an Account Director, the Account Supervisor and Account Executives look for support, guidance, and counseling. They are responsible for the overall growth and development of accounts in the group.||10 Lacs|
|Accountant||They prepare asset, liability, and capital account entries by compiling and analyzing account information. They document financial transactions by entering account information and recommends financial actions by analyzing accounting options.||2.4 Lacs|
|Accounts Receivable Clerk||They post customer payments by recording cash, checks, and credit card transactions, post revenues by verifying and entering transactions form lock box and local deposits, and update receivables by totaling unpaid invoices. They maintain records by microfilming invoices, debits, and credits.||2.3 Lacs|
|Bookkeeper||They develop systems to account for financial transactions by establishing a chart of accounts, defining bookkeeping policies and procedures. They maintain subsidiary accounts by verifying, allocating, and posting transactions, and balance subsidiary accounts by reconciling entries||4.5 Lacs|
|Chief Accounting Officer||Chief accounting officers (CIOs) are in charge of the entire accounting department of their institution. They are responsible for their company's accounting operations and financial reporting functions. They oversee accounting and administrative staff.||3.3 Lacs|
|Accounting Firm Partner||They are professionally trained individuals who apply their expert knowledge of accounting and auditing to determine the financial status of an organization. Effective implementation of audit responsibilities helps in reflecting the transparency of the accounting transactions, thus helping in building the reputation of the organization.||1.2 Lacs|
|Audit Manager||The Audit Manager is responsible for organizing and overseeing internal audits in accordance with the annual audit plan, often managing a team of auditors.||1 Lakh|
|Forensic Accounting||Forensic Accountants possess specialized accounting skills. They utilize investigative, auditing, and accounting skills to analyze an organization's financial statements while investigating fraud.||27,000|