BSc Accounts and Finance, Eligibility, Admission, Top Colleges, Jobs and Scope 2023

BSc Accounts and Finance is a 3-year course solely based on fundamentals of Accounting and Finance. To pursue a BSc Accounts and Finance candidates should have completed 10+2 in a relevant field (Science/Arts/Commerce) from a recognized board with not less than 55%. Some colleges offer this course in the Semester pattern while some follow the annual pattern.

Some of the top BSc Accounts and Finance colleges are:

  • Indian School of Business and Finance, New Delhi
  • Institute of Management and Creative Studies, Mumbai
  • IILM Undergraduate Business School
  • G.D. Goenka World Institute

Admissions are offered on a Merit basis i.e., candidates are admitted based on the score obtained by the students in his/her 10+2 examination.

BSc Accounts and Finance can be beneficial for those wanting to make a career in banking, Finance, Accounting, FinOps. This course can help clear the fundamentals related to Finance and Accounting that can help them to pursue professional skills like CA, CS, etc. 

A graduate in BSc Accounts and Finance graduate can work as an Investment Banker, treasury management, Financial Planner, Risk Manager, Business Analyst, Accountant, Stock Broker, Retail Banker, Mortgage Advisor, etc. with an average salary ranging from INR 2,00,000 to INR 5,00,000 per annum at the start of their career. 

Some of the top recruiters are Axis Bank, JP Morgan and Chase, Birla Capital & Financial Services Ltd, HDFC Bank Ltd., Yes Bank Ltd., Max Life Insurance, EY, etc.

BSc Accounts and Finance Course Details

Course type Graduation
Course Duration 3 Years
Course Examination Type Semester/Annual
Course Eligibility 10+2 in relevant fields with at least 55%.
Course Admission process Merit Based
Course Fee INR 50,000 to INR 3,00,000
Course Average Salary INR 2,00,000 to INR 5,00,000
Top Recruiting companies Accounting Firms, Insurance Companies, Investment Banks, Nationalised banks, treasury management, Taxation Firms, Credit rating agencies, etc.
Job Position Investment Banker, treasury management, Financial Planner, Risk Manager, Business Analyst, Accountant, Stock Broker, Retail Banker, Mortgage Advisor

About BSc Accounts and Finance Course

BSc Accounts and Finance is a 3-year course solely based on specialization in Fundamentals of Accounting and Finance. A person can pursue BSc Accounts and Finance directly after completing 10+2 in any field.

During BSc Accounts and Finance, a person learns about various aspects of Economics, Banking, Finance, Accounting, Financial Reporting, Microeconomics, Auditing & Assurance, Asset Pricing and Financial Markets, etc.

Why Study BSc Account and Finance?

  • Studying for BSc Accounts and Finance can be a contribution to your chosen field. A person can get to learn in the field of finance.
  • Studying BSc Accounts and Finance can help to complete long-term degree goals.
  • BSc Accounts and Finance attracts some of the finer jobs from some of the finest organizations like ADB, AIIB, IFC, World Bank, etc.
  • The person can get to learn various tools and analyses of a Portfolio.
  • BSc Accounts and Finance can help you become an expert in the relevant field as well as can also help in upgrading your knowledge along with the pay package.
  • BSc Accounts and Finance opens opportunities such as Financial Planner, Business Analyst, Accountant, Stock Broker,

BSc Accounts and Finance Admission Process

Admission to BSc Accounts and Finance doesn’t require any entrance exam scores. Admissions are done on the basis of the scores obtained in the last qualifying exam i.e., 10+2. Some colleges can conduct their own entrance exams. 

Some colleges may admit students via various selection tests that might include Written Ability Test, Aptitude Test, Extempore, Group Discussion, Personal Interview, etc.

Eligibility

  • Aspiring Candidates should have completed 10+2 in a relevant field.
  • A candidate should have attained 55% in 10+2 or the last qualifying exam. While reserved candidates (SC/ST) candidates require at least 50% in the last qualifying exam.
  • A candidate should have completed 10+2 from a recognized Board.

Admissions

  • Admission to BSc Accounts and Finance is offered on scores obtained in 10+2.
  • Some colleges might conduct their own entrance exam.
  • Candidates might have to go through a Personal Interview to get admitted to the college of their choice.

Entrance Exams

Check out some of the entrance exams for the BSc Accounts and Finance course in the table below.

Name of the Exams Exam Dates
NPAT Check Here
CUET Check Here
CUCET Check Here
SET Check Here

Types of BSc Accounts and Finance Courses

BSc Accounts and Finance can be offered full-time. Full-time BSc Accounts and Finance is of 3-years duration. While the part-time or Distance Learning mode depends on the college.

Full-Time BSc Account and Finance

  • The course duration of BSc Accounts and Finance is 3 years.
  • The average course fee for BSc Accounts and Finance is INR 50,000 to INR 3,00,000.
  • The colleges offer placement ranging from INR 2,00,000 to INR 5,00,000.
  • Admission to a full-time BSc Accounts and Finance is done on the basis of scores obtained in the last qualifying exam i.e., 10+2.

Online BSc Account and Finance

No college offers online education in terms of Accounting or Finance. But some aspects of Finance and Accounting can be learned through various platforms that host teachers from this background.

One can learn from basic to advanced levels of various aspects of Accounting and Finance. One can find one of the finest teachers on online platforms. The courses on these platforms are of shorter duration and also are affordable. We have curated some of the best online courses in the below table.

Course name Platform Fees
Accounting and Finance Edx INR 11,000
Financial Accounting Edx INR 6,548
Financial Accounting and Analysis Edx INR 3,679
Introduction to Finance and Accounting Specialization Coursera INR 5,840 per Month
Financial Accounting Fundamentals Coursera INR 3,636 per Month
Accounting: Principles of Financial Accounting Coursera INR 5,863 per Month
Introduction to Finance, Accounting, Modelling, and Valuation Udemy INR 5,120
The Complete Introduction to Accounting and Finance Udemy INR 5,120
Finance & Accounting for Management Consultants and Analysts Udemy INR 6,720
Finance for Non-Finance Executives Udemy INR 5,120

BSc Accounts and Finance Distance Education

A type of education in which students cannot geographically or physically be present for a course but can still pursue the course is called distance education. As of now only MBA and MCA are recognized as distance technical education courses by AICTE. 

Many students opt for this mode of education because of one of the many reasons that might include Geographical locations, working people, etc. Many colleges offer BSc Accounts and Finance via distance education as well.

Admission Process

There is no defined structure to be followed to pursue distance education nor is there any entrance exam for a distance education course. A person can enroll in distance education courses by following the below steps.

Step 1: Search for the programs and Universities offering those programmes.

Step 2: Visit the official webpage and check for the dates and deadlines for admission.

Step 3: Fill in all the details asked in the application form. Some colleges will ask you to send the required documents by post.

Step 4: Prepare for the Interview and other rounds of admission (some colleges prefer taking Interviews while some colleges directly offer the course after you have met all the eligibility criteria)

Top Colleges

Check out the top BSc Accounts and Finance colleges in India, below.

Name of the Institute City Average Fees
IGNOU Pan India INR 2,400
Symbiosis Centre of Distance Learning Pune INR 50,000
Bharti Vidyapeeth Pune INR 5,200

BSc Accounts and Finance Syllabus

BSc Accounts and Finance is a 3-year specialization degree that can be pursued after one has completed 10+2 in any field. The following table gives a brief of subjects and studies included in the course.

First-year
Introduction to Economics Statistics 1
Mathematics 1 Principles of Banking & Finance
Principles of Accounting -
Second Year
Financial Reporting Management Accounting
Microeconomics Elective
Third Year
Auditing & Assurance Accounting Theory
Asset Pricing and Financial Markets Financial Management Elective

BSc Accounts and Finance Top Colleges for in India

There are various BSc Accounts and Finance colleges in India that have been curated in the below table. The fees of the college range from INR 90,000 to INR 3,00,000 with the average being INR 1,00,000. 

After completing BSc Accounts and Finance from these colleges, a person can expect roles of Investment Banker, treasury management, Financial Planner, Risk Manager, Business Analyst, Accountant, Stock Broker, Retail Banker, Mortgage Advisor, etc.

Institute Name Location Average Fee
Indian School of Business and Finance New Delhi INR 17,00,000
Institute of Management and Creative Studies Mumbai -
G.D. Goenka World Institute Haryana 90,000
IILM Undergraduate Business School New Delhi 2,85,000

BSc Accounts and Finance Top Colleges Abroad

Many students opt for specialization in Accounting and Finance while pursuing 10+2 in Science. Many countries also offer many courses for BSc Accounts and Finance. Some of the most opted countries to study Accounting and Finance are the US, UK, Australia, Canada. 

These countries have the highest number of Indian students pursuing various courses. English is the preferred language for speaking as well as in Education. Universities either accept TOEFL and IELTS Scores of 6+ and have the duration of the course from 4 semesters to 6 semesters. Countries do require VISA for education purposes. Also PTE scores are accepted in some educational institutes.

College Name Location Fees
BPP School London INR 24,000
University of Bedfordshire United Kingdom INR 8,15,000
Warwick Business School United Kingdom INR 32,02,000
Arden University Berlin INR 7,95,000
University of Surrey United Kingdom INR 4,90,000
University of Nottingham China INR 8,18,000
University of Chicago Chicago INR 42,00,000
Stanford University USA 18,60,000
University of Sussex Brighton INR 23,25,000
Harvard University Cambridge INR 59,70,000

BSc Accounts and Finance Jobs

After completing BSc Accounts and Finance many opportunities open up for a candidate. He can choose to be an Investment Banker, treasury management, Financial Planner, Risk Manager, Business Analyst, Accountant, Stock Broker, Retail Banker, Mortgage Advisor, etc. They mostly work in the Finance sector. BSc Accounts and Finance pays averagely between INR 3,00,000 to INR 5,00,000.

Job Profile Job Description Average Annual Salary
Investment Banker Investment bankers are financial advisors to corporations and help raise money by issuing stocks, bonds, arranging the sale of a company, etc. They play a crucial role behind the launch of an IPO of a company. INR 9,00,000
Risk Manager Risk Managers oversee the organization’s risk and Insurance management. They assess the risk that can impede an organization’s safety, reputation, security, etc. INR 10,00,000
Financial Consultants Financial Consultants provide advice and expertise on various types of Investments and guide its customers to Investments in order to make good profits. They also draft the financial reports, drafts for the customers. INR 6,00,000
Business Analyst Business Analyst conducts research and analysis in order to improve an organization’s systems and process helping the organization to make more money. INR 6,10,000
Professor A professor teaches and guides students at a university or institute in their field of study. They undertake examinations and provide results of the examination to students. They keep track of a student’s performance academically. INR 5,50,000

Top Recruiters

Axis Bank JP Morgan and Chase
Birla Capital & Financial Services Ltd. Deutsche Equities India Pvt. Ltd.
HDFC Bank Ltd. ICICI Securities Ltd.
Yes Bank Ltd. SMC Capitals Ltd.
Max Life Insurance CARE Ratings
EY KPMG

BSc Accounts and Finance Scope

  • A BSc Accounts and Finance can work as an Investment Banker, treasury management, Financial Planner, Risk Manager, Business Analyst, Accountant, Stock Broker, Retail Banker, Mortgage Advisor, etc. each of these fields is booming and the need for BSc Account and Finance increases.
  • According to the U.S. Bureau of Labour Statistics, the Job Outlook of Account and Finance Manager is expected to grow by 7% from 2020 to 2030.

After completing BSc Accounts and Finance, a person has many opportunities. He can opt for a profession that includes his area of study and interest, can accept the position of a professor, or can move abroad to further increase his/her knowledge.

  • Chartered Accountant: After completing BSc Accounts and Finance a person will have sound knowledge of accounting and its principles that can help in becoming a Chartered Accountant. CAs are considered among the most literate financial planners.
  • Financial Assistants: Legal Assistants assists in making reports, conducting researches, managing and maintaining the files that can be used for future references. Financial Assistants with BSc Accounts and Finance are hired by Banks, Insurance Companies, Revenue Departments, Accountants, Stock Brokers, etc.
  • Professor: A person with BSc Accounts and Finance will have many opportunities to become a professor. Many universities hire professionals with BSc Account and Finance for the professorship.

BSc Accounts and Finance graduates can also move abroad to find greater job prospects or intensify his/her knowledge.

BSc Accounts and Finance FAQs

Ques. What are the roles and responsibilities of a BSc Accounts and Finance degree holder?

Ans. A graduate in BSc Accounts and Finance should be able to -

  • Handle accounting of clients/customers.
  • He/she should be well acquainted with accounting tools.
  • He/she should be able to predict/assess the upcoming downfall or profit.
  • A BSc Account and Finance Graduates should know platforms and options to invest in to get greater returns.
  • He/she should be able to understand the financial portfolio of his/her customer and should also be able to make one.

Ques. What are the qualities of a BSc Accounts and Finance graduate?

Ans. A Person who has BSc Accounts and Finance should have the following traits

  • A BSc Account and Finance is Self-Disciplined.
  • They know which task should be prioritized.
  • They have a detail-oriented work style.
  • Professionals from BSc Accounts and Finance backgrounds are dedicated to resolving problems.
  • Professionals with BSc Accounts and Finance should bring their theoretical knowledge to practical use.

Ques. What are the future prospects of a BSc Accounts and Finance graduate?

Ans. After completing BSc Accounts and Finance, a person has many opportunities. He can opt for being an Investment Banker, treasury management, Financial Planner, Risk Manager, Business Analyst, Accountant, Stock Broker, Retail Banker, Mortgage Advisor, or can accept the position of Professor, or can move abroad to further increase his knowledge.

Ques. What are the employment sectors for students wanting to pursue BSc Accounts and Finance

Ans. BSc Accounts and Finance mostly works in the accounting sector that includes the Accounting Firms, Insurance Companies, Investment Banks, Nationalised banks, treasury management, Taxation Firms, Credit rating agencies, etc.

Ques. How do I prepare for the Interview that requires BSc Accounts and Finance?

Ans. Being clear with basics and concepts along with good communication skills will always be helpful for any Job Interview. Also keeping a record of previous performances and changes in the company can give an upper hand to the candidates. Having an understanding of the works done by the organization and the field will give a candidate an upper edge.

Ques. Can I learn BSc Accounts and Finance Online?

Ans. BSc Accounts and Finance is a full-time course and many universities offer this course in offline mode only. You can learn some aspects of the course online on various platforms.

Ques. What is the cost of pursuing a BSc Accounts and Finance?

Ans. BSc Accounts and Finance is a specialist course in the Account Sector to become a Risk Analyst, Accountant, etc. The cost of course can be as high as INR 3,00,000 and can be as low as INR 50,000.

Ques. Is there any provision for Scholarships in the institutes?

Ans. Yes. Many institutes do offer Scholarships to students. These Scholarships can be awarded according to government schemes or to meritorious students. Also, some colleges offer Scholarships to economically challenged pupils.

Ques. What are the documents required for BSc Accounts and Finance admissions?

Ans. One should have the following documents in order to get admitted to any college offering BSc Account and Finance - 

  • Last Qualifying Migration Certificate.
  • Leaving certificate from the last studied college.
  • Passing certificate/Degree of last qualifying examination.
  • Marksheets of the degree attended.
  • Proof for Date of Birth.
  • Matriculation Certificate/Marksheet.
  • Higher Secondary Certificate/Marksheet.
  • Gap Certificate if applicable.

Ques. Can I do any other degree along with the BSc Accounts and Finance?

Ans. Students can pursue two courses at the same time. But according to guidelines by UGC, AICTE, and the Ministry of Education one of the courses has to be a full-time regular course and the other should fall under the category of Short-term or Distance Education.

Ques. What books can I use to study Accounting and Finance?

Ans. There are many books you can refer to for studying Accounting and Finance. Some of the best books are:

  • Accounting for Non-Accountants: Financial Accounting Made Simple for Beginners by Wayne Label
  • Financial Shenanigans, Fourth Edition: How to Detect Accounting Gimmicks and Fraud in Financial Reports by Howard Schilit and Jeremy Perler
  • Accounting All-in-One for Dummies with Online Practice 2nd Edition by Kenneth W. Boyd
  • The Big Four: The Curious Past and Perilous Future of the Global Accounting Monopoly by Ian D. Gow and Stuart Kells
  • Accounting Made Simple – Accounting Explained in 100 Pages or Lessby Mike Piper

Bachelor of Science [B.Sc] (Account and finance) : 4 answered questions

VIEW ALL

Ques. Is the NMIMS Bsc Finance degree worth the money?

● Top Answer By Priyam Naskar on 25 May 21

Ans. One of my friends pursued his B.Sc in Finance from NMIMS. Based on his input, I might be able to help you with your question.  All the demands and requirements of any corporation are assimilated into the curriculum.  The syllabus includes major subjects like Business Analytics (SAS Software), Alternative Investment Markets, Operation Research, Debt Markets, Financial Reporting Standards, or even Corporate Finance.  Theseare exclusive to NMIMS B.Sc. It can not be seen or found in any other syllabus within India.  Mumbai being the financial capital of the country provides us with better industrial exposure.  If you have any misconception about having fun while you are here, drop it already. As at NMIMS you probably would not have time to do so. Just so you are fit for corporate culture, they train you in such a way that you don't face any problem in the future.  Since you have an inclination towards Finance, you would realize that everything you had endured was worth it in the end. And if the situation is the opposite, you'd be left far, far behind in the Finance race pulverizing yourself under constant pressure.Read more
0
0
1 Answer
●●●

Ques. What is better, B.Sc. finance from NMIMS or CA?

● Top Answer By Prateek Sinha on 02 Aug 22

Ans. Pursuing a CA from the Institute of Chartered Accountants of India is better than a BSc in Finance from NMIMS or any other institute. A professional degree has greater importance than any graduate degree. The career prospects after CA are certainly better than B.Sc in Finance. Read more
0
0
2 Answer
●●●

Ques. How is the placement scenario at NMIMS Mumbai for a BSc in finance degree?

● Top Answer By Shreya Matta on 28 Feb 23

Ans. If the NMIMS Mumbai BSc in Finance placement scenario can be described in a single word then pathetic it is. The placement committee is substandard and leaves almost more than half of the batch unplaced. During my sister's batch, the placement coordinator was switched in the midst of the placement session which was a highly irresponsible way to handle the situation. There was no coordinator for more than 3 months in between. The pre-placement activities that had to be initiated in July began in September and this delay affected the placements drastically. There is high competition between NMIMS and other B Schools like NM, Mithibai, and UPG. So despite many top companies visiting the campus, the roles offered were mediocre. So joining NMIMS for BSc Finance with the prospect of getting a package above 8 LPA is useless.Read more
0
0
1 Answer
●●●

Ques. How is NMIMS Bengaluru for a B.Sc in finance?

● Top Answer By Sreeja Prasad on 11 Oct 20

Ans. NMIMS Bangalore is one of the top universities in Bangalore. It provides a number of UG, PG and certificate courses in a variety of disciplines including BBA, BSc, B.Com, BA LLB, and PGDM just to name a few famous courses. It also provides a number of undergraduate and postgraduate certificate courses. BSc finance is a three years undergraduate course with 60 intakes. Ranking: NMIMS has been ranked 7th best University in the country by ‘Business Today’. Ranked 8th in Central Asia & among top 200 across the world by ‘EdUniversal, France’ NMIMS was ranked 24th among the Top 100 list of B-Schools in India by NIRF Ranking in 2020 Admission: For admission to undergraduate courses, students are required to complete 10+2. For BSc, it is necessary that students take science in their high school education. Students are also required to give the NPAT exam and admission will be done on the basis of merit in that test. Other procedures include interviews and group discussion sessions. Placements: The placement percentage of NMIMS Bangalore has been very high as almost 90% of their students applying to the placement cell get placed in the top companies in Bangalore including PPOs in eminent brands like VMware, Exide Life Insurance, Tata Capital, and many more. The highest package offered was 21.38 LPA with the average being 10.5 LPA. Most of the students are placed in FMCG, CD, Pharma, and Retail industries. Since Bangalore is the working capital of India almost all students get placed in good corporate companies. Campus Facilities: NMIMS Bangalore provides full-time campus facilities with various recreational hubs like chess, carrom, sports complex, etc. All classrooms are spacious, air-conditioned, and equipped with the latest teaching methods and facilities. The entire campus has Wifi coverage and a sports centre that hosts various sports throughout the year. Other than this they have a huge library with online facilities which helps connect students to online resources as well. Thus, NMIMS Bangalore is an excellent institute to pursue BSc in finance. The final decision, however, lies with the student if it is their favored field of study and their financial capabilities.Read more
0
0
1 Answer
●●●

Comments



No Comments To Show