What is Accountancy?
Accountancy involves assessing and documenting the financial performance of a company. This is a critical field of work as stakeholders make decisions based on the company’s financial health.
There are various long-term and short-term courses for students enthusiastic about taking up Accountancy.
Degrees Offered for Accountancy -
Popular Diplomas Offered for Accountancy
Some of the Diplomas offered for Accountancy are:
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PGDM in Accounting and Finance
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PG Diploma in Accounting
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Diploma in Advanced Accounting
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Diploma in Business Accounting
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Diploma in Accounting and Finance
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Diploma in Transfer Pricing
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Diploma in Accounting Management
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Diploma in Accounting Science
Popular certification courses in Accountancy
Some of the certificate courses offered for Accountancy are:
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Chartered Certified Accountant (ACCA)
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Certified Financial Planner (CFP)
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Chartered Financial Analyst (CFA)
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Certified Management Accountant (CMA) certification
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Financial Modeling and Valuation Analyst (FMVA)
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Financial Risk Manager (FRM)
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Chartered Global Management Accountant (CGMA)
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Chartered Financial Consultant (ChFC)
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Chartered Alternative Investment Analyst (CAIA)
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Certified Public Accountant (CPA)
Undergraduate Degree
Some of the degrees offered at this level are:
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Postgraduate Degree
Some of the degrees offered at this level are:
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Specialisations in the field of Accountancy -
Here are some specialisations in Accountancy that one can opt for:
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Accountancy and Finance
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Accountancy Hons
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Accountancy, Taxation, and Auditing
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Accounting
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Accounting and Taxation
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Professional Accounting
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Auditing
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Accounting Information Systems
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Forensic Accounting
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Fund Accounting
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Cost Accounting
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Fiduciary Accounting
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Government Accounting
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Tax Accounting
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Financial Accounting
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Managerial Accounting
Eligibility Criteria for Studying Accountancy -
Undergraduate level
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Candidates who have given their class 12 board exams are eligible to apply.
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Candidates who had Commerce are eligible to apply.
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Students expecting their board results in class 12 can also apply.
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Postgraduate level
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Candidates need to have a bachelor's degree in Accountancy from any recognised university.
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Students need to have a minimum of 50% as their aggregate for applying to most of the postgraduate commerce courses.
Entrance Tests for Studying Accountancy -
Mentioned below are some popular entrance exams that aspirants of Accountancy sit for:
Aptitude required for Studying Accountancy -
If you wish to take up Accountancy as a subject, below are some skillsets that you should master:
Syllabus for Accountancy -
Here are some papers that Accountancy covers:
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Financial Accounting
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Business Economics
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Business Organization
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Cost Accounting
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Business Law
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Business Communication
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General English
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Environmental Science
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Fundamentals of Mathematics and Statistics
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Business Statistics
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Corporate Accounting
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Auditing
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Financial Reporting
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Management Accounting
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Corporate Laws
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Financial Management
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Income Tax Law and Practice
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Indirect Taxes
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Information Technology and Accounting (Lab Based)
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Business Research Methods
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Advanced Accounts
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Corporate Reporting
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Financial Market Operations
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Management Information System
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Corporate Tax Law & Practice
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Project Report – Viva Voce
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Business Communication
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Value, Ethics, and Governance
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Business Analysis
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Advanced Performance Management
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Summer Training Report
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Advanced Taxation
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Advanced Audit and Assurance
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Principles of Marketing
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E-Commerce
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Entrepreneurship
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Organization Behavior
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Banking and Insurance
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Operation Research
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Human Resource Management
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Computerized Accounting (Lab-based)
Career Prospects/Placements for Students of Accountancy -
Mentioned below are some job profiles that students of accountancy get placed in:
Starting Salary for Students of Accountancy -
The starting salary for an accountant in India is between 1-5LPA with an estimated annual salary of 2.2LPA.
Subjects similar to Accountancy -
Candidates looking for similar subjects to accountancy could opt for CS, Finance, Banking, Economics, Taxation, Statistics, Mathematics, Marketing, etc.
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