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
- 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.