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Accounting And Finance

 

                                     

 

Accountancy degrees develop ones understanding of accountancy practices, commerce, industry and finance. One can also develop a range of subject-specific, technical and more general transferable skills, including:
 
  • knowledge and awareness of business organisations;
  • numerical and quantitative skills;
  • problem-solving and analytical ability;
  • oral and written communication skills;
  • ability to argue your case and negotiate;
  • knowledge of global business issues and language skills, particularly if you study European or international finance;
  • entrepreneurship.

 

 

Typical work activities ,Tasks may include:

 
  • developing and managing financial management systems and policies;
  • ensuring the effective financial management of public money by supporting the planning and implementation of policy objectives;
  • making financial decisions and advising key bodies and individuals, such as management boards and budget holders, using financial management information;
  • preparing and monitoring budgets and accounts;
  • controlling expenditure and cash flow;
  • undertaking financial administration;
  • preparing reports on annual accounts and budget information for the auditor;
  • controlling the overall capital and revenue budgets for departments;
  • assessing and advising on estimates for project funding and continuing running costs;
  • preparing recommendations on large-scale projects;
  • checking that funding is properly apportioned;
  • conducting internal audits, e.g. working on wage reviews;
  • checking creditors' invoices;
  • charging customers for services;
  • liaising with managerial staff, colleagues and clients;
  • examining financial records and statements and checking them for accuracy;
  • balancing the costs of specific public services against income;
  • keeping up to date with developments in public sector financial and management accounting practices;
  • managing and training staff, when employed at a senior level.

 
 
  • Stella Maris College, Chennai 
  • Shri Ram College of Commerce (SRCC),  Maharastra

  • St. Xavier's College, Kolkata

  • Lady Shri Ram College for Women (LSR), New Delhi

  • Loyola College, Chennai

  • Hans Raj College, New Delhi

  • Christ University, Bangalore

  • Narsee Monjee College of Commerce and Economics

  • Madras Christian College (MCC), Chennai  
  • Hindu College, New Delhi

 

                                             

  • For those who want to pursue a career in accounting, their initial salary starts from 7, 000 to 15,000 per month.
  • After gaining much experience and knowledge one can get around Rs.20, 000 to Rs.25, 000 per month.
  • Chartered accountants working in private sectors can earn handsome salary.  Professionals working in government sector can earn around Rs. 15,000 to Rs.18, 000 every month with allowances.

 

 

 
 
Some job titles: -
 
  • Finance Managers
  • Independent Worker
  • Financial Advisors
  • Directors (Finance)
  • Financial Controllers
  • Chief Financial Officer
  • Certified Public Accountant
  • Chartered Management Accountant

 

Jobs directly related to the degree include:
 
  • Accounting technician
  • Chartered accountant
  • Chartered certified accountant
  • Chartered management accountant 
  • Chartered public finance accountant
  • Knowledge of finance or accounting and the relevant skills you have developed are useful in a range of careers, such as law, journalism, advertising, marketing, public relations, sales and IT. 
 
Jobs where degree would be useful include:
 
  • Actuary
  • Financial trader
  • Investment analyst
  • Management consultant
  • Retail banker
  • Tax adviser

For admission in a bachelor’s degree, the candidate must have passed the higher secondary school certificate (10+2) examination with commerce subjects such as accounts, maths and economics. The duration for this course is 3 years.


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