Accounting Courses and Certifications 2024

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Accounting Courses and Certifications 2024

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Adya Trivedi

Updated on 10th June, 2024 , 8 min read

Latest Updates in Accounting Course: 

About Accounting Courses

Accounting courses involves undergraduate, graduate, and certificate programs online as well as offline. The most popular accounting courses are B.Com and M.Com. Courses from various online and offline platforms, such as Coursera, Udemy, edX, etc., may be included in the accounting certification program. 

Accounting Course Highlights

The increasing need for graduates with backgrounds in accounting and commerce is encouraging more students to pursue accounting as a major. To learn all of the course details for the Accounting courses, candidates can look at the table below -

Particulars Details
Course Levels  Undergraduate, Postgraduate, Diploma, Certification
Accounting CoursesBCom, MCom, MBA, CMA, CA, ACCA, etc.
DurationVaries according to course
Eligibility    

UG-After 10+2

PG-After Bachelor's degree

SyllabusCUET, CMA, CFA, AMU Entrance Exam, etc.
Job Profiles  Accountant, Senior Accountant, Chief Revenue Officer, Financial Analyst, etc.
Top Recruiters    KPMG, Deloitte, ICICI, HDFC, Mahindra, Reliance and so on.
Average Annual Salary  INR 5 LPA -INR 25 LPA
Fees INR 2 lakh-INR 6 lakh

Why Study Accounting?

Below are some of the reasons as to why people study accounts and what entails an accounting course -

  • Career Opportunities: There are more career options available in a variety of sectors for individuals with accounting expertise, regardless of experience level or level of education. Giving them an advantage in the job market, it encompasses tax consulting, auditing, and finance.
  • Possibilities for Career Growth: Acquiring accounting knowledge can help you advance since it enables you to evaluate and comprehend financial information. Additionally, it opens doors to more senior managerial roles where making financial decisions is a major duty.
  • Opportunities for Consultancy: Skilled individuals with a background in accounting who wish to work as consultants can provide financial management, tax planning, and audit compliance services to companies.
  • Entrepreneurial ventures: Having an understanding of accounting is a great advantage for anyone wishing to launch their own company. It aids in efficient financial planning and management, which guarantees the venture's viability and expansion.

At every stage of a person's career, learning accounting can be extremely beneficial, providing chances for skill development, professional progression, and business success.

Accounting Certifications Courses

Following are some of the prestigious and well-known Accounting Certification Courses -

  • Certified Chartered Accountant by ACCA (Association of Certified Chartered Accountants)
  • Chartered Accountancy (CA) by ICAI (Institute of Chartered Accountants of India)
  • Certified Public Accountant (CPA)
  • Certified Management Accountant (CMA)
  • Certified Treasury Professional (CTP)
  • Certified Information Systems Auditor (CISA)

Also read - CA Salary 

Accounting Courses

The field of accounting education is broad. Both professional and academic programs are offered in accounting. Many small and medium-sized organizations entrust their financial management to accountants.

Among an accountant's general duties include creating balance sheets, profit and loss statements, and summarizing the financial situation through data collection. Students can pursue a Master of Business Administration or Master of Commerce degree to become accountants.

Accounting is the process of keeping track of, reporting, and summarizing financial transactions in order to produce data that can be utilized for decision-making. Globalization and the growing complexity of businesses are the main drivers of the accounting industry's rapid growth. Financial statements like the balance sheet, income statement, and cash flow statement are created by accountants using this data. Accountants' employment is expected to expand by 6% between 2020 and 2030, which is faster than the average for all occupations.

Some of the accounting specializations include:

  • Accounting for finances
  • Accounting for management
  • Accounting for costs
  • Accounting for taxes
  • Accounting for forensics
  • Examination
  • Public bookkeeping

Branches in Accounting -

At the professional education level, students can choose from a variety of accounting branches and specializations. The following is a list of some of the primary accounting branches:

                                                                                                                Accounting Branches
Financial AccountingManagerial AccountingForensic Accounting
Cost AccountingAccounting Information SystemsFiduciary Accounting
AuditingTax AccountingFund Accounting

Also read - CUET Accountancy Answer Key 2024 Unofficial

Accounting Courses Eligibility Criteria  

All accounting-related jobs involve working with numbers and figures. Therefore, whether you choose to pursue an accounting degree, accounting diploma, or accounting certification, having a strong mathematical foundation is essential. According to the requirements of the field, students must have completed mathematics up to Class 12 in order to be eligible for accounting courses.

  • The pre-requisite for the BCom in Accounting is a Class 12 Commerce pass with a Math concentration.
  • The candidate for the Cost Management Accounting course must have finished Class 10 in order to apply for the Foundation course, which covers the basics of statistics and mathematics.

Top Accounting Exams

  • In order to be admitted to BCom/MCom programs with accounting concentrations, candidates must take entrance examinations at the university level. View the list of the most popular entrance exams in India for accounting and commerce.
  • Professionally, candidates may choose to pursue the CFA, CMA, ICSI, or ICAI.

Also read - ACCA Syllabus and Subjects

Types of Accounting Courses

A variety of accounting courses are available to those who want to pursue a career in this area. There are degree, diploma, and certification programs in accounting. In the accounting course, students can learn about topics like banking, investing, international finance, and financial report analysis. Examine a few of the well-liked accounting courses.

Accounting Diplomas -

The list of eight well-liked accounting degrees is provided below -

Diploma Accounting CoursesDurationFees (in INR)
PGDM in Accounting & Finance2 YearsINR 7-8 lakh
Diploma in Accounting Management1 YearINR 10,000 to 80,000
Diploma in Advanced Accounting4 YearsINR 20,000 to 90,000
Diploma in Business Accounting2 YearsINR 15-20 lakh
Diploma in Accounting Science1 YearINR 10,000 to 5 lakh

Accounting Certifications

The list of the top ten accounting certifications is provided below -

Accounting Certification CoursesDuration Fees (in INR)
Chartered Certified Accountant (ACCA)6 months to 2 yearsINR 20,000
Certified Financial Planner (CFP)6 months to 2 yearsINR 50,000- 1 lakh
Certified Management Accountant (CMA) certification3 YearsINR 50,000 to 3 lakh
Certified Public Accountant (CPA)18 monthsINR 11,000
Chartered Financial Analyst (CFA)3 YearsINR 40,000
Financial Modeling and Valuation Analyst (FMVA)2 YearsINR 40,000
Financial Risk Manager (FRM)1 YearINR 27,000

Also read - ACCA: Course, Full Form, Eligibility, Exams, Exemptions, Admission 2024, Fees, Scope, Jobs

Accounting Degrees

The top six undergraduate and graduate accounting degrees are listed below -

Degree Courses in AccountingDurationFees (in INR)
BCom in Accounting & Finance3 YearsINR 5,000 to 70,000
BCom in Accounting & Taxation 3 YearsINR 4,000 to 20,000
BBA in Accounting & Finance3 YearsINR 20,000 to 40,000
MCom in Accounting & Finance2 YearsINR 20,000 to 2 lakh
MCom in Accounting & Taxation2 YearsINR 10,000 to 1 lakh
MBA in Accounting & Finance2 YearsINR 4 lakh to 25 lakh

Online Accounting Courses

In addition to traditional degree, diploma, and certificate programs, a number of institutions now provide online accounting courses. Online education offers courses that are the same as traditional courses and are divided into three categories: online accounting certification, online accounting degree, and online accounting diploma. One course that grants a BCom without attending college is the online version of the degree. The regular degree courses offered through full-time education are comparable to the online degree programs.

In addition to the institutes, a number of MOOC platforms offer online accounting majoring courses. To obtain the necessary education, taking online accounting courses can help save money, time, and effort. Additionally, online learning has become more sensible since the pandemic's worldwide shutdown.

Accounting Subjects

The four fundamental subjects of finance, accounting, management, and economics—collectively referred to as FAME—are included in accounting courses. A thorough examination of these topics is included in the course syllabus for accounting degrees, diplomas, and certifications, with a focus on particular specialized areas and aspects. The following are the primary accounting subjects covered in any course -

                                                                                                                             Semester-1
Financial Accounting - 1Marketing ManagementMicro Economics
                                                                                                                              Semester-2
Business LawsStatisticsTaxation
                                                                                                                              Semester-3
Human Resource ManagementIncome Tax LawFinancial Accounting - 2
                                                                                                                               Semester-4
MacroeconomicsFinancial marketsCorporate finance
                                                                                                                               Semester-5
Cost AccountingCompany LawIndian Economics
                                                                                                                              Semester-6
Financial ManagementManagement AccountingBanking & Investment

Top Accounting Colleges

Private Colleges for Accounting Courses -

Students interested in taking Accounting courses can look up the names of some well-known private colleges in the table below -

Name of College   Fees (in INR)
Amity University, Noida2-13 lakh
Christ University, Bangalore 70000-8 lakh
ISBF, Delhi   22 lakh
KL College of Commerce, Guntur2-4 lakh
Loyola College, Chennai50000-5 lakh
Manav Rachna University, Faridabad2-4 lakh
Narsee Monjee College of Commerce & Economics, Mumbai35000-3 lakh
St. Joseph's College of Commerce, Bangalore2-6 lakh
Symbiosis College of Arts and Commerce, Pune76000-3 lakh

Government Colleges for Accounting Courses -

The following list includes some of the well-known public universities that provide courses in commerce and accounting. Students can select from government colleges after verifying that their desired courses are offered, as their fees are generally lower than those of private colleges -

Name of College  Fees (in INR)
Atma Ram Sanatan Dharma College, Delhi432-540
Deen Dayam Upadhyaya College, Delhi540
Hindu College, Delhi37000-55000
Hansraj College, Delhi432-540
Kurukshetra University Online  41000-56000
Lady Shri Ram College for Women, Delhi67000
Madras Christian College, Chennai84000
Ramjas College, Delhi29000-45000
Shri Ram College for Commerce, Delhi88000
Sri Guru Gobind Singh College of Commerce, Delhi   86000

Accounting Career Scope: Job Profiles, Salaries and Top Recruiters

There are many different career options available in the accounting field. One can work as an accountant, revenue agent, finance manager, financial analyst, tax policy analyst, tax attorney specialist, employment tax specialist, personal finance consultant, and other positions after completing a relevant accounting course. Accounting recruiters place qualified workers in a variety of roles. In the accounting industry, some of the best job profiles include:

Job ProfileAverage Annual Salary
AccountantINR 3 lakh
Senior AccountantINR 8 lakh
Revenue AgentINR 6 lakh 
Chief Revenue OfficerINR 27 lakh
Finance ManagerINR 9 lakh 
Financial AnalystINR 4.12 lakh 
Tax Policy AnalystINR 3.50 lakh 
Tax Consultant SpecialistINR 5.17 lakh 
Tax SpecialistINR 6.87 lakh 
Personal Finance ConsultantINR 6.27 lakh 

Top Accounting Recruiters

Several of India's leading accounting recruiters include:

                                                                                                                          Top Accounting Recruiters
PricewaterHouseCooperDeloitte    
KPMGERNST & Young
Grant ThortonMaxim Liberty
Capactix Business SolutionsShoolin Consultancy

Related reading - Government Jobs for Chartered Accountant: Eligibility, Degree, Salary

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Frequently Asked Questions

Which is the best course for accounting?

Some of the popular Accounting Certifications are Certified Chartered Accountant by ACCA (Association of Certified Chartered Accountants), Chartered Accountancy (CA) by ICAI (Institute of Chartered Accountants of India) &, Certified Public Accountant (CPA)

What is accounting as a course?

Accounting is the process of reporting, recording and summarising financial data within an organisation.

How to become an accountant after 12th?

Firstly, enroll in the CA Foundation course after 12th grade. Complete the CA Foundation course and register for the CA Intermediate course. And lastly, Clear the CA Intermediate exams and undergo Articleship training for practical experience.

How can I learn basic accounting?

Firstly, Understanding the Accounting Equation and then familiarize yourself with financial statements and then move forward from there. Enroll your in an accounting course.

Which job is best for accounting?

Some of the best jobs with an Accounting Degree is Financial Manager, Actuary, CMA, CPA, & Budget Analyst.

Which accounting degree is best?

With a CPA credential you can find more positions at advanced levels. However, to meet the full educational requirements for CPA licensure, many candidates choose to obtain a master's degree.

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