B.Sc. in Accounts and Finance is a 3-year full-time undergraduate program in Financial Management Course. The eligibility of which is qualifying 10+2 with 50% marks in any relevant stream. The course lays emphasis on acquainting candidates with the aspects of Accounts and finance in business management. The program is conducted in the form of semesters in a gap of 6 months each.
Some of the top colleges who offer the program of B.Sc. in Accounts and Finance are as follows:
- Institute of Management and Creative Studies – Centum U – Mumbai
- G.D. Goenka World Institute - Haryana
- IILM Undergraduate Business School – New Delhi
- Indian School of Business and Finance – New Delhi
Admission to B.Sc. in Accounts and Finance program is done on the basis of merit obtained in 10+2 or other equivalent examination. The course combines the knowledge of Accounts and finance along with laying a greater emphasis on business and management studies. Candidates are taught about the intricacies of finance and Accounts in detail rendering an in-depth understanding of the management processes in organizations.
This course is deemed beneficial for all those who wish to gain a professional expertise in the field of Accounts and finance. Candidates are required to have a good understanding of accounts, making it easier for students to develop their analytical and decision-making skills. In addition to this, having good knowledge of computer and familiarity with using a computer for Accounts purpose is considered beneficial. The course assists candidates in working in a team, along with aiding them in making accurate decisions while handling finances.
The average course fee ranges from INR 90,000 to 3 Lacs, which can vary for different colleges and universities. After the completion of the course, candidates have a plethora of opportunities in the field of accounts and finance, government and private firms, investment banking, Management consultancies and much more. The average remuneration a graduate can earn after passing this course ranges from INR 1.80 to 10 Lacs per annum, which is subject to differ based on further degree and experience.
Top Colleges for Bachelor of Science [B.Sc] (Account and finance)
B.Sc. in Accounts and Finance: Course Highlights
|Eligibility||10+2 with 50% aggregate marks in any discipline of Arts, Science or Commerce.|
|Admission process||Merit Based|
|Course Fee||90,000 to 3 Lacs|
|Average salary||INR 1.80 to 10 lakh per annum|
|Top Recruiting Companies||Investment Banks, Accountancy Firms, Insurance Companies and Management Consultancies, etc.|
|Job Positions||Risk Analyst, Money Manager, Personal Finance Consultant, Corporate Analyst, etc.|
B.Sc. in Accounts and Finance: What is it About?
B. Sc. in Accounts and Finance is a comprehensive study of the Financial Management field. The course lays emphasis on the system of Accounts and Finance wherein money is treated as a means for calculating and measuring the economic performance rather than just considering it as a factor of production. Through this program, candidates gain a deeper insight into the workings of businesses and the applicability of financial tools and accounts in management. The course offers an opportunity for candidates to polish their analytical skills in getting to the crux of the information available.
The course provides students a strong ground for understanding the intricacies of the field and the manner in which they can apply this information in generating solutions. Candidates are taught the knack of solving large complex problems related to finance and Accounts, thereby gain a deeper understanding of the business environment. They are made proficient in evaluating the problems as well as analyzing the same from different contexts. B. Sc. in Accounts and Finance students are taught to use the Accounts and financial statement as assistance in proper decision making. The programme instills the students with the science of Accounts and finance for managing businesses.
The curriculum is designed in a manner which provides enough exposure for candidates in the overall field of finance and Accounts. B. Sc. in Accounts and Finance program covers theory and practice giving equal weightage to both the aspects. They cover the topics such as business valuation, financial Accounts, mergers and acquisitions, risk management which helps in building the necessary skills for the student to become proficient in the field. The course aids in building a strong base for all those who wish to pursue professional accountancy programmes as well as take up Masters and Research studies in the field.
B. Sc. in Accounts and Finance is an ideal field for all those who wish to pursue a career in consulting, accountancy and financial services. After the successful completion of the program, the students are well prepared to consider starting their career in government firms, public Accounts departments, NGOs, private firms, Insurance companies, Investment banks and much more. The overall aim of the course is to prepare the students with the required knowledge and skills to begin an effective career in the field of Finance.
B.Sc. in Accounts and Finance: Top Colleges & Institutes
|Name of Institution||Location||Average Course Fee (in INR)|
|Institute of Management and Creative Studies – Centum U||Mumbai||NA|
|Indian School of Business and Finance||New Delhi||NA|
|IILM Undergraduate Business School||New Delhi||2,85,000|
|G.D. Goenka World Institute||Haryana||90,000|
B.Sc. in Accounts and Finance: Eligibility
The minimum eligibility for admission to the program for B.Sc. in Accounts and Finance are as follows:
- The applicants must have qualified 10+2 or equivalent examination with 50% aggregate in any relevant stream from a recognized university.
- There is no entrance examination for admission to the program.
B.Sc. in Accounts and Finance: Admission Process
Candidates seeking admission to B.Sc. in Accounts and Finance must meet the required eligibility criteria as prescribed by colleges and universities. They should have passed 10+2 or equivalent examination with a minimum aggregate of 50% marks and above from a recognized university. Candidates are not required to clear an entrance examination for admission to the program.
Admission to the program is done solely on the basis of Merit obtained in the qualifying examination. Candidates can download the admission form from the official website of the colleges or can obtain the prospectus from the college office. All information regarding the admission dates, cut-off, and merit list will be notified on the official website of the college/ university or through email.
B.Sc. in Accounts and Finance: Syllabus and Course Description
B. Sc. in Accounts and Finance deals with the study of accounts and finance along with its applicability in the field of business management. Candidates gain a comprehensive detailing of various areas of accounts including Management Accounts, Financial Accounts, Taxation, and Auditing. They are also given a broader view of the field applying different methodologies of study.
The syllabus is divided into Theory and practice. B. Sc. in Accounts and Finance coursework includes project work, presentations, case studies, and examinations. The topics include the study of economics, computerized Accounts system, Business Mathematics, Auditing and much more to mention a few. The course aims to skill the students in making them abreast with problem-solving, working in teams and to apply the same in sectors they get employed too.
The overall syllabus is mentioned below in the tabulated form:
|Semester I||Semester II|
|Principles of Management and Business||Introduction to Computers and Information Systems|
|Macro Economics||Micro Economics|
|Financial Accounts||Cost Accounts|
|Communicative English||Financial Management|
|Business Statistics||Advanced Mathematics|
|Semester III||Semester IV|
|Corporate Accounts||Business Regulatory Framework|
|Environmental Studies||Capital Markets|
|Auditing||Corporate Tax planning|
|e-Commerce||Computerized Accounts System|
|Forex Management||Financial Markets, Institutions, and Financial Services|
|Business Mathematics||Principals of Marketing|
|Semester V||Semester VI|
|Rural Finance and Credit||Management Accounts|
|Income Tax Law and Practice||Direct & Indirect Taxation|
|Foreign Trade||Advanced Business Mathematics|
|Financial Services||Business Regulatory Framework|
|Computer Based Information System||Fundamentals of Investment|
** The Syllabus of the program may vary for different colleges.
B.Sc. in Accounts and Finance: Career Prospects
B. Sc. in Accounts and Finance offers candidates an overview of the usage of Accounts and its application in the field of Business Management. Candidates gain proficiency in managing the daily workings of the business. The course helps them gain valuable insight and experience through the means of conducting research, problem-solving and developing their analytical and decision-making skills.
Candidates after the successful completion of the course have a plethora of opportunity to explore their knowledge. They can opt for any financial sector where they get the opportunity to work in areas of Accounts, auditing, taxation, and Management Accounts. They have opportunities in the areas such as investment banks, accountancy firms, insurance companies and management consultancies. They can go on to become Corporate Analyst, Accountant, Operations Manager, Marketing Manager and much more.
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Few of the prospective careers chosen by the graduates after the course completion are as follows:
|Job Profile||Job Description||Average Salary (in INR) per annum|
|Business Analyst||Developing and designing technical solutions to business problems, build strategies for rising company sales by defining, analyzing and preparing reports.||INR 8.5 to 9.5 Lacs|
|Corporate Analyst||Preparation of long term and short -term strategies, ensure the company is in good financial health.||INR 7 to 9 Lacs|
|Accountant||Prepare balance sheet, analyze Accounts information, document the transactions and audit the documents.||INR 2 to 3 Lacs|
|Security Analyst||Planning and implementing security measures for protecting data, networks, and systems. Be abreast with the latest technologies like hacking and other tools which can help in keeping away security breach.||INR 4.5 to 6 Lacs|
|Personal Finance Consultant||Work in liaison with clients in developing financial plans for securing their future through savings, insurance, retirement, and investments.||INR 6 to 6.5 Lacs|
|Risk Analyst||Analyse the internal financial statements, firm’s investment portfolios for finding loopholes involved and prepare methodologies for diverging the risks.||INR 5 to 6 Lacs|
|Accounts Assistant||Provide administrative support to accountants, handle emails, deal with customers and maintain basic bookkeeping.||INR 1.8 to 2.5 Lacs|
|Money Manager||Managing portfolios of individuals and institutions. Selection of people who will aid in monitoring assets and its sale.||INR 9.5 to 10 Lacs|