List of Top 10 Accounting Courses in India

Accounting plays a major role in today’s world. Accounting is the backbone of every business firm as it is the only way of keeping a check on its financial health, which in turn helps the stakeholders take future decisions. Accounting is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results. Accounting is needed in every industry. It is one of the most respected professions and careers in the world.

The degree holders in Accountancy can work in sectors such as Management, Public Accounting, Audit, Tax, Financial and Budget analysis. The requirement of Chartered Accountant and Accountant is a major requirement of many sectors, as it is the highest paid job and which keeps on increasing with your experience. One can teach in Private and government college, work in any audit or financial firm as well in auditor general or any accounts based office. Many CA firms and Financial Institutions hire candidates for internship roles.

Different job roles in Accounting fields are financial controller, financial analyst, Financial Manager, Financial Advisor, Chief Financial Officer, Certified Public Accountant, Company Secretary and Chartered Management Consultant, Bookkeeper, auditing clerk, forensic accounting etc. There is a lot of scope of job opportunities abroad with good packages as an accountant and CA are on-demand in many industrial sectors.

Bachelor Degree Courses:

• Bachelor in Commerce (B.Com.) in Accounting
• Bachelor of Commerce in Taxation
• Bachelor of Business (BBA) in Accounting
• Bachelor of Commerce in Finance
• Bachelor of Commerce in Banking and Insurance
• Bachelor of Commerce –Chartered Accountancy

Master Degree Courses:

• Master of Commerce (M.Com.) in Accounting and Finance
• MBA in Finance and Accounting
• Master of Commerce in Accounting and Auditing
• M.Com in Accountancy and Taxation

Doctoral Degree Courses:

• Master of Philosophy-Accounting
• PhD  in Accounting

Top 10 Accounting Courses in India

These are the top accounting courses that a student can go for in their life after completing the class 12 or bachelor’s. The students can then get extensive knowledge about the fields of accountancy and then they can go for extensive skillset.

These courses will allow the people to achieve more in life and make the most of their career going further. These courses then allows people to go for the further jobs in life and gain high profile works. There are multiple courses around and are in form of either professional degrees or the undergraduate programs or even the certificate based course. You can also go for the short term based courses or even the long term ones. All these courses can be taken up either during the graduation period or after one has completed it.

The major chunk of top accounting courses range into Chartered Accountancy, ACCA, CPA, B.Com in Accounting and Finance and more.

1. Bachelor of Commerce (B.Com) in Accounting and Finance

One of the major courses around that student take along when it comes to accounting and commerce field, this one is entrusted by many and is one of the top choices along. Many student take along this course to further their career and make the first foray into the career into accountancy field.

Let’s discuss about the course in brief down below:

• Course details

There are different sorts of B.Com courses on offer and people tend to join along. And for those who want to make a major in the accounting field, this B.Com in Accounting and Finance is the best go-to option for everyone. A student can take along this course and go ahead to learn the aspects of accounting and management and grow along. This will also make you step into the world of accounting and finance. This is a three year program and is offered by all major university and colleges.

• Eligibility

This course requires a student to have completed the class 12 exams and then they need to have a certain criteria of percentage so that they are eligible for the entrance. Once they appear for the entrance tests, they can then go along to pursue the preferred course in the college or university that they want. Then they also have to go for the admission via qualifying the personal interview session.

• Scope

A student who has a B.Com degree in the accounts and finance field can go along to become accountant, manager, organizational leader, and more.

2. Masters of Commerce (M.Com) in Accountancy and Finance

This course is an advancement of the previous course and is one of the programs after graduation. This course can be taken by people after they have completed the bachelor course and this is a major in the aspect of accountancy and finance. The people who take this course tend to learn the professional and advanced aspects of the accounts and finance.

Here’s the course and scope for this course

• Course details

This course just like any post graduate course is a two year program and the students need to have their graduation done so that they can pursue this course. The people can learn more about finance, management, accounts, trading and so much more in this course. This course is offered by many top university and colleges around the nation.

• Eligibility

As we said earlier a candidate needs to have completed the graduation in similar stream and should have the required eligible marks. They can then go ahead with the entrance test and then continue to go through the admission procedure.

• Scope

M.Com in Accounts and Finance is one of the trendy and worthy courses around and is much loved by people. This course allows people to take on the roles of senior accountant, higher management and more.

3. Chartered Accountant (CA)

Next up we have the professional degree based on the accountancy field. This course is also termed the epitome of the accountancy field and is one of the top courses that a person can take along in their career. The students can have the ultimate flight and go ahead option with CA degree on their profile.

Here’s the course, scope and eligibility for this course

• Course details

This course, i.e. Chartered Accountancy is a professional course and comprises of three levels namely foundation, intermediate and finals. A student needs to clear the levels and then they can go for the higher level one by one. There is also practical training associated with this one and the people will be awarded with the degree at the end of the completion of the course.

• Eligibility

Any person who has completed the class 12 levels can join in the CA field. They can go along and take the route of being in the foundation level. After that their journey starts. The person needs to have at least 55% in bachelors and if that is the case then they can directly enroll in the Intermediate levels and be granted exemption from the foundation level.

• Scope

This course is a major course and will allow people to get the high profile jobs in the roles of account manager, auditor, senior corporate levels and more.

4. Association of Chartered Certified Accountants (ACCA)

A similar course to the CA course this one is based out of UK and is the CA course of there. It is denoted as Association of Chartered Certified Accountants (ACCA) and can be taken by students just like the CA route. We here will discuss in detail about this course down below.

• Course details

This course also is based on the practical and theoretical approach and comprises of three different levels as Knowledge, Skill and Professional level. People can take this course and start their journey into the top ranks of accounts expert and professional degree holder with this one. There are total of 13 papers that a student needs to complete when it comes to this. And also there is 3 years of practical training associated within.

• Eligibility

A student needs to have completed the class 12 exams and then they can pursue the course of ACCA. Any student who wants to go for this one should have at least 55% in the class 12 marks and then they can be eligible for admission in the ACCA course.

• Scope

Any student who will complete this course can go on to become one of the best in the field and get the global degree which will open the doors for them to achieve more in the other fields of accountancy, taxation, audit and much more.

5. US Certified Public Accounting (CPA)

Another course that represents the top of the accountancy and more is the US Certified Public Accountancy. This is another professional course that students can take over in their career to further progress and achieve top ranks and more knowledge in life. This CPA course is based out of USA like the previous one ACCA was based out of UK.

We here will talk about them down below

• Course details

This is a professional course and is in similar mold to the previous two course and can be taken by the students once they are done with their course of bachelors. This course also has three different levels and the people can take along this to enhance their skills in the field of accountancy, taxation, laws, audit and more. The levels in this course are of Level 1, Level 2 and Level 3. The levels are completed and then the students move onto the next level and achieve more.

• Eligibility

A person needs to have a relevant bachelor’s degree so as to be eligible for this course. One you are eligible for this course then you can take this course and grow ahead in life. This also allows you to enroll and clear all the three levels so as to achieve the final qualification.

• Scope

This degree is quite marvelous and can be taken by people and allow for them to be fields of accounting and taxation and more. They can also become leaders and earn more.

6. Diploma in Accounting

One other course that is quite held along in terms of accounting course is Diploma in Accounting. This course is something that many take along and this is a short term course and people can take along this course and then learn many things about accounting.

Here’s the course, scope and eligibility for this course

• Course details

This course is a diploma course and is offered by many colleges and university. This course is being termed as a diploma and is a short term course and is taken by many students who want to prefer going into the course and take the certificate and short term period. This course is normally of 2 years. And people can earn the degree in this field.

• Eligibility

The students need to be of class 12 qualified so as to take part into this field. They can go into this field even after the class 10 but that diploma degree can be shorter and not a expanded and knowledgeable. This diploma course can be taken by students and then they can go along to be into the skillset.

• Scope

This degree is a diploma degree and comes along with students getting knowledge into the fields of accountancy and corporate and financial field. They can go along with the jobs in the field of accounting and finance.

7. CMA (Cost Management Accounting) Course

CMA or cost management accounting is a popular course in the finance sector. The course offers many opportunities for students who want to make a rewarding career in the field of management accounting. The course offers deeper knowledge about the finance field and makes students ready for various jobs in the same field.

• Course Details:

CMA is considered one of the hardest exams in the country and is mostly pursued by commerce students. Candidates who want to be experts in the field of finance and accounting can consider joining this course. The course covers both the business as well as accounting sides to provide appropriate knowledge about the field to students. The cost management accounting course is divided into three levels, and these are foundation level, intermediate level, and final level. One needs to clear all these levels to become a certified CMA.

• Eligibility:

The eligibility for different levels of the CMA course is different. To be eligible for the CMA foundation level exam, one should have passed the 12th standard or any equivalent course from a recognized board. Students who have a national diploma in commerce are also eligible for the CMA foundation level. To apply for the CMA intermediate level exam, one should have passed the CMA foundation level and have an undergraduate degree in any discipline. After clearing the CMA intermediate level, the students can apply for the CMA final level exam.

• Scope:

The candidates who have completed their CMA course can apply for various jobs in different industries. The course offers a higher career scope in the field of management and accounting. Also, it enables candidates to earn 30% more compared to other courses in the same field. The top job profiles for the CMA graduates are chief financial officer, financial controller, chief investment officer, corporate controller, etc.

8.BAT (Business Accounting and Taxation) Course

This course is one of the professional courses that are equivalent to a bachelor’s degree in accounting and taxation. The course is an I. depth and intensive study of the field. BAT will train the candidate in financial reporting with the help of SAP, Quick books, direct taxes, auditing and much more. This course is of short duration and may ensure a high ROI.

• Eligibility – B.com or above.
• Duration – 8 weeks to 12 weeks.
• Average salary – 3 lacs to 10 lacs

9.CFA (Chartered Financial Analyst)

This is a professional course that trains the candidate in all aspects of finance such as analysis, estimation, forecasting the future performance of the company, portfolio management etc.  A CFA certification is considered as the topmost designation in the field of finance.

The CFA course covers various areas that include financial reporting, economics, quantitative methods, taxation analyses, fixed income, equity investment, portfolio management etc.

• Eligibility – Graduation + 2 years of professional work experience.
• Duration – 2 years six months.
• Average salary – 6 lacs to 18 lacs

10.FRM (Financial Risk Management)

These accounting and finance courses in India course helps the candidate to identify the risk aspects of a business such as credit risks, operation risks or market risks. It will help a candidate to have an in-depth knowledge of risk management, valuation, financial markets etc.

A person who has completed this course may get a chance to work with banks, asset management companies, insurance, consulting firms etc.

The course will help the candidate to develop logical and analytical skills.

• Eligibility – Graduation and above.
• Duration – 9 months.
• Average salary – 10 lacs to 18 lacs