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Master of Business Administration [MBA] (Accounting) - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    2 YEARS

  • COURSE

    General

  • COURSE TYPE

    Post Graduation

MBA in Accounting Courses, Syllabus, Jobs and Salary

The minimum criterion of eligibility needed to be met for admission to the course is a Bachelor's degree with a minimum aggregate score of 50%. This 2- year long course is designed to offer eligible candidates advanced insight into business practices, auditing, tax laws, organizational efficiency, business valuations and management of innovations.

The average tuition fee charged in India for the course ranges between INR 4 and 10 Lacs.

Admission to the course is based on the student’s performance in a relevant entrance exam conducted for admission to the course, such as AIMA, SET, IPU-CET, Goenka Aptitude Test etc.

Successful postgraduates of the course are hired in capacities such as Accounting Educators, Chief Compliance Officers, Chief Financial Officers, Controllers, Environmental Accountants, Financial Analysts, Financial Managers, Forensic Accountants or Fraud Investigators, Internal Auditors, International Accounting Specialists, IT Asset Managers, Management Accountants etc.

They are hired in industries such as banks, marketing organizations, educational institutes, business consultancies, multinational companies, financial organizations and export companies. The average annual salary offered to such postgraduates in India ranges between INR 4 and 20 lacs.

MBA/PGDM Colleges In Uttar PradeshMBA/PGDM Colleges In Tamil NaduMBA/PGDM Colleges In MaharashtraMBA/PGDM Colleges In Karnataka

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 postgraduates.

MBA in Accounting: Course Highlights

Listed below are some of the major highlights of the course.

Course LevelPost Graduate
Duration2 years
Examination TypeSemester System
EligibilityA Bachelor’s degree in any discipline. Eligibility criteria may vary across institutes.
Admission ProcessEntrance Test + Group Discussion / Personal Interview. Entrance Tests like CAT, XAT, NMAT, CMAT, SNAP, MAT etc. for different colleges.
Course FeeINR 4 to 10 Lacs
Average Starting SalaryINR 4 to 20 lacs per annum
Top Recruiting CompaniesGenpact, 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)
Job PositionsAccounting Educators, Chief Compliance Officers, Chief Financial Officers, Controllers, Environmental Accountants, Financial Analysts, Financial Managers, Forensic Accountants or Fraud Investigators, Internal Auditors, International Accounting Specialists, IT Asset Managers, Management Accountants

MBA in Accounting: What is it About?

Accounting signifies the development, understanding and communication of critical financial information, an entity's financial position, results of business operation and cash flow.

The discipline involves components such as quantitative reasoning, logic and problem solving, and the analytics behind critical business decisions.

The course curriculum explores topics such as policy planning, corporate income taxation, accounting theory, tax ethics, estate planning, bilateral tax treaties, accounting research, auditing and accounting information systems, business communications, finance, supply chain management, information technology and marketing subjects.

Top Institutes Offering MBA in Accounting

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 InstituteCity Average Fees
B.R.D. College of Management & ScienceDelhiINR 4 Lacs (course)
WLC College ChennaiTamil NaduINR 7.5 Lacs (course)
Institute of Business Studies and Research Navi MumbaiMaharashtraINR 4.5 Lacs (course)
MYRA School of BusinessMysoreINR 5 Lacs (course)
BML Munjal University - School of Management GurgaonHaryanaINR 10 Lacs (course)

Eligibility for MBA in Accounting

The minimum eligibility criterion needed to be met for admission to the course is a Bachelor's degree completed from a recognized university with a minimum aggregate score of 50% (45% for SC/ST or persons with disability).

MBA/PGDM Colleges In TelanganaMBA/PGDM Colleges In Andhra PradeshMBA/PGDM Colleges In HaryanaMBA/PGDM Colleges In Punjab

MBA in Accounting: Admission Process

Admission to the course at some of the top institutes in India is based on the candidate’s performance in the Common Admission Test (CAT). Leading management colleges of India accept MAT scores for admission. Rounds of group discussion and personal interview follow, based on performance in which, admission is granted to qualifying candidates.

Some of the major national and State- level entrance examinations conducted in the country for admission to the course are listed here.

  • CAT (Common Admission Test)
  • MAT (Management Aptitude Test)
  • XAT (Xavier Aptitude Test)
  • CMAT (Common Management Admission Test)
  • SNAP (Symbiosis National Aptitude Test)
  • ATMA (AIMS Test for Management Admissions)
  • MAHCET
  • RMAT Rajasthan Management Aptitude Test (RMAT)
  • TANCET (Tamil Nadu Common Entrance Test)
  • UPSEE (Uttar Pradesh State Entrance Exam)

MBA in Accounting: Career Prospects

Successful postgraduates of the course find lucrative career opportunities in areas such as public accounting, corporate accounting, government and non-profit organizations, financial planning, taxation, finance and accounting industries, bookkeeping agencies, payroll firms.

Such postgraduates are hired in capacities such as Public accountant, Management Accountant, Internal Auditor etc.

Some of the popular professional avenues open to such postgraduates are listed below with the corresponding salaries offered for the respective positions.

Annual Salary in Accounting

Job PositionJob DescriptionAverage Annual Pay Scale in INR
Equity AnalystEquity Analysts analyse stocks and investments, look for optimal times to invest and the best stocks in which to invest. They apply different tools such as fundamental analysis and technical analysis, and work with mutual fund houses and in private equity funds.3,67,756
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.2,58,900
Accounting AssociateAccounting Associates 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.2,30,410
Directors (Accounts)To an Account Director, the Account Supervisor and Account Executives look for support, guidance, and counselling. They are responsible for the overall growth and development of accounts in the group.10,00,000
AccountantThey prepare asset, liability, and capital account entries by compiling and analysing account information. They document financial transactions by entering account information, and recommends financial actions by analysing accounting options.2,34,080
Accounts Receivable ClerkThey 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 totalling unpaid invoices. They maintain records by microfilming invoices, debits, and credits.2,38,941
BookkeeperThey 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 entries455,286
Chief Accounting OfficerChief accounting officers (CAOs) 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.3,335,90
Accounting Firm PartnerThey 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.1,250,000
Audit ManagerThe Audit Manager is responsible for organising and overseeing internal audits in accordance with the annual audit plan, often managing a team of auditors.1,030,433
Forensic AccountantsForensic Accountants possess specialized accounting skills. They utilize investigative, auditing, and accounting skills to analyse an organization's financial statements while investigating fraud.4,00,000

MBA in Accounting: Syllabus and Course Description

Semester I

Organizational Behavior & Principles & Practices of Management
Management Accounting
Managerial Economics
Statistical & Quantitative
Methods
Legal Aspects of Business
Basics of Marketing
Information Technology
Managerial Communication

Semester II

Marketing Management
Financial Management
Human Resource Management
Manufacturing & Operations Management
Materials & Logistics Management
Management Information Systems
Research Methodology
Economic Environment of
Business & Environmental Management

Semester III

Business Policy & Strategic Management
Management Control Systems
Specialization I
Specialization II
Specialization III
Specialization IV
Specialization V
Project Report

Semester IV

Entrepreneurship Development & project Management
International Business
Management
Current Trends in Management
Specialization VI
Specialization VII
Specialization VIII
Specialization IX
Specialization X