B.Com Financial Accounting is a under graduate commerce course that last for the duration of 3 years. The candidates who are willing to take this course must possess minimum eligibility by obtaining 55% in their 10+2 as commerce as major discipline or any equivalent.
Some of the institutions that provide this course Bachelor of commerce [B.Com.] in Financial Accounting are:
The average course fee charged for this course is between INR 1 to 3 lac for the span of 3 years.
Admission process of this course is carried out based on the candidate’s performance in their high school exams. Some institutes may include their entrance exam score. Those entrance tests may include various quantitative tests.
The candidates must have good grounding in financial analysis, creative thinking and should possess good communicative and interpersonal skills. The candidate must also have some knowledge in corporative systems and be aware of all the tax and other financial laws regulating in their industry.
The candidates can also get employed in areas likeEducational institutes, Banking sectors, Financial agencies, audit offices, stock exchanges, etc. They also provide different job types like Accounts assistant, Business assist, Marketing analyst, financial analyst, security analyst, etc.
|Course Level||Undergraduate graduate|
|Duration of the Course||3 years|
|Admission Process||Entrance exam based (May also look at graduation percentage) / Merit Based|
|Course Fee||Between INR 2 lac to 5 lac|
|Average Starting Salary||Rs.15000 to 3 lac|
|Top Recruiting Companies||Educational institutes, Banking sectors, Financial agencies, audit offices, stock exchanges, etc.|
|Job Positions||Accounts assistant, Business assist, Marketing analyst, financial analyst, security analyst, Operations Manager, corporate analyst, etc.|
This course lies under commerce domain. Financial accountancy is a field of accountancy concerned with thee preparation of financial statements for decision makers, like stakeholders, suppliers, banks, government agencies, owners and other stakeholders. This course is fully career oriented in nature.
This course will benefit the candidates with the career options like becoming the finance controller, treasurer, finance officer, credit and cash manager, risk manager etc. this also help in maintaining and understanding the treasury of the company or the organization. The good experienced candidates form this field has higher demand from international market, and can also start with their own financial consultancies.
|Name of the Institute||Location||Average Course Fee (in INR)|
|Lovely Professional University||Jalandhar||2.9 lac|
|Institute of Technology and Management||Dehradun||2 lac|
|Indian Institute of Business Management and Studies (IIBMS)||Borivali West, Mumbai||40.8 k|
|Lovely Professional University, Admission Office||Connaught Place, Delhi||3.9 lac|
|Birla Global University||Bhubaneswar||3.6 lac|
|Oxford Software Institute, South Extension||South Ex 1, Delhi||25 k|
|Laqshya Institute of Skills Training||Mira Road, Mumbai||22 k|
|Asia-Pacific Institute of Management (Delhi)||Jasola Vihar, Delhi||8.9 lac|
|Laqshya Institute of Skills Training, Chinchwad||Chinchwad, Pune||28 k|
|Laqshya Institute of Skills Training||Andheri West, Mumbai||22 k|
|Times and Trends Academy||Bhandarkar Rd, Pune||45 k|
|Laqshya Institute of Skills Training, Dadar||Dadar West, Mumbai||28 k|
|The Institute of Computer Accountants||E M Bypass, Kolkata||45 k|
|GD Goenka University||Gurgaon||8.15 lac|
|M. S. Ramaiah University of Applied Sciences||M S R Nagar, Bangalore||1 lac|
|Annamalai University||Tamil Nadu||17 k|
|Mahatma Jyoti Rao Phoole University||Jaipur||60 k|
|Indian School of Business Management and Administration||Connaught Place, Delhi||20 k|
|Vel Tech Dr. RR and Dr. SR Technical University||Avadi, Chennai||1.35 lac|
The candidates who have completed their higher education that is 10+2 with science as their major discipline with at last minimum aggregate marks obtained in their exams are eligible for this course. Some institutions consider the score in the entrance tests based on the subjects covered and may consider that scores also.
Admission process is carried over by considering the merit score of the student in their exams and some institutes conduct entrance exams and there would be personal interview carried by the institute that various or depends up on the institutes.
|Semester I||Semester II|
|Financial Accounting||Financial Accounting II|
|Principles of Management||Business Environment|
|Business Communication||Banking Services|
|Managerial Economics||Indian Economy|
|Verbal ability||Quantitative Aptitude and Reasoning - I|
|Semester III||Semester IV|
|Advanced Company Accounts –I||Advanced Company Accounts –II|
|Principles of Finance||Entrepreneurial Development|
|Legal System in Business||Business Taxation|
|Marketing||Human Resource Management|
|Business Statistics - I||Business Statistics II|
|Corporate Finance||Organizational Behaviour|
|Insurance and Risk management||Bank Credit Management|
|Open Elective - I||Open Elective - II|
|Quantitative Aptitude and Reasoning –II||Communication Skills|
|Semester V||Semester VI|
|Practical Cost Accounting||Management Accounting and Practices|
|Income Tax Law and Practice -I||Income Tax Law and Practice -II|
|Research Methodology||Internet Concepts|
|Computer Applications in Accounting||Project work and Viva voce|
|Financial Management||Investment Analysis and Portfolio Management|
|Customer Relationship Management||Working Capital Management|
|Introduction to mutual fund analysis||Financial Derivatives and Risk Management|
|Practical Auditing||Development of Small Business|
|Environmental Studies||Personality development|
On Successful completion the candidates are capable of working in the field of Educational institutes, Banking sectors, Financial agencies, audit offices, stock exchanges, etc. Where there are different kinds of job positions available like Accounts assistant, Business assist, Marketing analyst, financial analyst, security analyst, Operations Manager, corporate analyst, operation Manager, securities analyst, investment analyst, seni0r accountant etc.
|Job Profile||Job Description||Average Salary (in INR)|
|Business assist||Who help in assisting all the business details to the clients and organization||20,000 – 40,000|
|Security analyst||Analyst who is capable of analyzing all the capacity and value of the security assurances of the client||20,000 – 40,000|
|Financial Analyst||Who analyze the financial status and both income and expenditure of the organization and maintains all the report documents||40,000 – 50,000|
|Market Analyst||Who is capable of analyzing all the market trends and financial up and downs for business performance||50,000 – 60,000|
|Accountant||Who can manage all the financial accounts for an individual or for an organization||40,000 -60,000|
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