News Details


B.Com in Accounting and Finance

B.Com. Program in Accounting and Finance is a 3-year full-time undergraduate course. Which is  premised on the concept that accounting finds its ultimate expression in practice. That’s  why this program is consequently looking forward to develop application-oriented and problem solving, and analytical skills in candidates. SMS College Program   is directly relevant to the  requirement  of the accounting profession as  Financial Accounting is a such a field  where an entity’s financial information is collected , accumulated, analyzed, and presented in standard formats. Every economic entity basically has a goal of value enhancement  for its stakeholders. Going to  this, Financial Accounting reports gives benchmarks for assessing the role and efficiency of the management and Board of Directors of a firm. These reports are basically published regularly and provide all the relevant information in a trustworthy and timely manner. Final Annual Statements of companies, released during what is commonly known as the results season, often provide a guide to the future course and direction of equity markets. The Cash Flow Statement looked upon the inflow and outflow of cash and cash equality from the business organization. So what this statement says? This statement breaks down this analysis into operating activities, money investing activities and different types of financial activities. The most important use of this statement is that it is a parameter of the short-term viability of a company, especially its ability to pay bills. Normally average annual course fee in India ranges between INR 2,000 and 4 lacs, depending upon the institute offering the program. The average annual salary which is offered in India to postgraduates students of the course ranges between INR 1 and 10 lacs, depending upon the candidate’s knowledge in the field. About  B.Com. in Accounting and Finance: If we talk about Accounting,this is both the process of keeping record of financial transactions for the benefit of stakeholders, and an activity central to the  fund-management. Successful Candidate  of Accounting and Finance get lucrative offer to be  employed in public sector banks, corporate banks, the insurance sector, loan and finance-based companies, trading, stock market, chartered and cost accountancy, etc. The Program  target to familiarize enrolled students with fundamental and advanced concepts in the field, and other  areas such as financial planning, macroeconomics, economic theory, etc. The program also target to develop analytical skills in students in areas such as resource management, marketing, commerce, portfolio management, and other financial sectors.

Eligibility for B.Com. in Accounting and Finance

As a minimum criterion of eligibility, candidates seeking admission to the course should be completed the 10+2 or equivalent level of education in the Commerce stream, with Accounts, Math and Economics as main subjects, and a minimum aggregate score of 50%.

Admission Process of B.Com. in Accounting and Finance:

The admission process for the course is varied, as various institutes have their very own criteria and processes of admission. Admission to the course is often based on the candidate’s obtained merit at the 10+2 level, and sometimes, on the candidate’s performance in a relevant entrance exam, followed by a round of counseling, based on performance in which, students are admitted.

B.Com. in Accounting and Finance: Career Prospects

The private sector, markets research, public accounting firms, budget planning, consultancies etc. recruit such graduates, while the latter may also work independently by taking assignments from small ventures for maintaining their accounts on daily or weekly basis. Here you can follow jobs position and job description.  
JOB POSITION JOB DESCRIPTION
Accounts Assistant This job provide administrative support to accountants. They perform clerical tasks such as typing, filing, making phone calls, handling mail, and basic bookkeeping. They help the manager and also deal with customers and external agencies.
Business Analyst They develop technical solutions to all business problems, to advance a companys sales efforts, beginning with defining, analyzing, documenting, and eliciting requirements of an organization.
Finance Manager FM duties include reviewing financial reports, monitoring accounts, maintaining reports, and preparing activity reports and financial forecasts. They also find how  to improve profitability, and analyses markets for business opportunities, such as expansion, mergers or acquisitions.
Cashier Cashiers work in organizations such as banks, schools, shops etc. has to deal with cash transactions. Their responsibilities include maintenance of accuracy, and interaction with customers on a daily basis for solving queries, handling money etc.
Investment Analyst IA job provide stockbrokers, managers and stock market traders with financial information.
 


Admission Enquiry Form


X
// Clear the error message when the user types a correct email // Validate the email