Bachelor of Business Administration [BBA] (Finance and Accounts) - Latest Notifications
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BBA Finance and Accounts is a 3-year undergraduate professional course which deals with the principles of accounting and financial aspects of business planning. The program is designed for aspirants who prefer to work for strategic businesses performing some roles like financial analyst and enterprise venture specialist.
The course curriculum deals with the basic aspects of global financing, accounting and auditing. Candidates are eligible to pursue this course if they hold a 10+2 degree with a minimum aggregate score of 50% or above from a recognized board.
Students aspiring to pursue the course can choose to do it either on a regular or through distance mode as per their choice and convenience. The course fees for pursuing a BBA in Finance and Accounts range between INR 50,000 - 2,50,000. Some of the major subjects taught in the course include Business Law, Corporate Strategy, Cost Accounting, Business Environment, Financial Management, Logistics Management and Macroeconomics. See Also: Top Bachelors Courses in India.
After completing the course students are placed across various job profiles such as an Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst, and Corporate Business Analyst. The average salary offered after completing the course usually ranges from INR 6 LPA - 10 LPA. The job prospects in the course are on the rise, both in the private sector and the government sector. However, the starting salary is nominal.
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Table of Contents
2.1 Why Choose BBA Finance and Accounts?
3.1 Merit Based
5.1 How to Prepare for Entrance Exams
5.2 How to Get Admission to a Good BBA Finance and Accounts College
- Course Comparison
- Top BBA Finance and Accounts Colleges
- College Comparison
- BBA Finance and Accounts: Distance Education
- BBA Finance and Accounts: Syllabus
10.1 Elective Subjects
10.2 Books
BBA Finance and Accounts: Course Highlights
Course Duration | 3 years |
Eligibility | 50% aggregate score in 10+2 board exams across any discipline |
Admission Process | Entrance Exams / Merit Based |
Entrance Exams | DU JAT, IPU CET, NPAT, SET, AIMA UGAT |
Course Fees (INR) | 1,50,000 - 2,50,000 |
Average Salary (INR) | 6 LPA - 10 LPA |
Top Recruiters | Banks, Business Consultancies Foreign Trade Industrial Houses Inventory Control Educational Institutes Investment Banking Public Accounting Firms Marketing Public Accounting Firms Working Capital Management |
Job Profiles | Audit Manager Finance/Budgeting Accountant Cost Accountant Financial Analyst Corporate Business Analyst |
What is BBA Finance and Accounts Course?
- BBA Finance and Accounts is a 3-year undergraduate course that deals with the principles of accounting and financial management.
- This course is important for developing the skills that encompass the knowledge of investment, insurance and expenses, in a firm.
- It brushes up the financial bookkeeping and analysing skills along with management skills in accounting.
- This course is generally preferred by students from commerce backgrounds.
- The BBA syllabus aims to impart knowledge through practical experience in the form of - case studies, projects, presentations, industrial visits and interaction with experts from the industry.
- After successful completion of this course, one can work as an Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst and Corporate Business Analyst.
- Students who are interested in pursuing higher studies can opt for a Master's or PhD in the same field.
See Also: BBA Course Overview
Why Choose BBA Finance and Accounts?
BBA Finance and Accounts offers various perks for the students including a good package, an interesting job profile and a secured job. Discussed below are some of the crucial points which make it worth choosing.
- Diversified Career Options: BBA Finance and Accounts opens various career options in different fields and organisations. The student with this course can work in the private sector like accounting firms, private banks etc. Government jobs like policy planning, public accounting, and treasury and forex department can be bagged by the BBA Finance and Account students.
- Deals with Accounting and Financial Aspects: The course curriculum is novel and deals with financial and accounting aspects.
- Interesting Subjects: The study of accounting and commerce subjects with the essence of financial advancements makes the course interesting.
- Higher Studies: After pursuing this course, students can also opt for higher studies to increase their knowledge and hence their chances of landing up in better jobs.
BBA Finance and Accounts: Admission Process
The admission process for BBA Finance and Accounts varies from college to college. Some colleges enrol students on the basis of merit while some of the colleges hold entrance exams for students to secure admission to the course.
Discussed below in detail is the merit-based admission and the entrance exam admission process for your reference.
Merit-based Admission
- For Merit-Based Admissions universities grant admission to students based on their performance in 10+2 exams.
- The candidate must score a minimum of 50% in their exams.
- The candidate must have graduated from a recognized board.
- Candidates are supposed to register at respective colleges or universities either online or offline.
- The merit list is formed for admissions.
- Counselling procedure is followed thereafter.
Entrance Exam-Based Admission
For the admissions-based Entrance Exam, universities grant admission to students based on their performance in the entrance exam.
- Candidates must visit the college website to fill out the registration form.
- Candidates must upload documents that are required in the registration form.
- Candidates must download the Admit Card and appear for the entrance exam.
- The merit list is uploaded by the respective university based on the individual score of the entrance exam.
- Interview and group discussion are followed in the counselling procedure after passing the entrance exam.
- Candidates are selected collectively based on overall performance in the 10+2 exam, entrance exam interview and group discussion.
BBA in Finance and Accounts: Eligibility Criteria
Candidates who are willing to be admitted to a BBA Finance and Accounts should fulfil the following eligibility criteria as discussed below.
- Candidates must clear their 10+2 exams with minimum aggregate marks of 50% from a recognized board.
- The age of the candidate must be between 17 to 22 years for the general category and the maximum age for reserved categories is 24 years.
- The candidates who have passed 10+2 exams from a commerce background are preferred.
BBA Finance and Accounts Entrance Exams
Most colleges admit students based on the merit score of their 10+2 level. However, some of the colleges prefer conducting admissions based on the entrance exams. Some entrance exams conducted by the universities for admissions in BBA Finance and Accounts are as follows.
- IPU CET: IPU CET is a test for screening the aptitude for admission to undergraduate courses conducted by GGSIP University. It is a 2.5-hour long exam with 100 MCQ questions.
- NPAT: NPAT is a test for screening the aptitude for admission to undergraduate courses conducted by NMIMS University. It is a 2-hour long exam with 120 questions.
- SET: SET is a test for screening the aptitude for admission to undergraduate courses conducted by Symbiosis International University. It gives aspirants 105 minutes (75 minutes for MCQ followed by 30 minutes for WAT).
Entrance Exams | Application Deadlines | Exam Dates |
---|---|---|
CUET | 1st week of February - 2nd week of March 2024 | May 15 - 31, 2024 |
IPU CET | March-May, 2024 | May - June 2024 |
NPAT | 1st week of December 2023 - 4th week of May 2024 | 1st week of January - Last week of May 2024 |
SET | 1st week of January - 3rd week of February 2024 | 1st week of May 2024 |
How to Prepare for BBA Finance and Accounts Entrance Exams?
Following points one should keep in mind while preparing for the entrance test:-
- Go through your entrance exam syllabus thoroughly.
- Follow a timetable to complete the full syllabus on time.
- Have some background or knowledge in the respective subject.
- Have a strong command of the English language.
- Make sure to revise topics that are essential for the point of the examination as it can help to have a perfect usage of the time and score good marks.
- Practice previous year's question papers to keep a check on exam patterns.
- For the general aptitude test, practice more questions related to logical reasoning and aptitude.
How to Get Admission to a Good BBA Finance and Accounts College?
To secure admission to a good quality MBA in Safety Management College, several factors come into action. Some of the following guidelines will be helpful in that watch.
- Candidates should always get a note of the top colleges in the area that they wish to study.
- They should then select particular colleges according to criteria like fees, ease of access and location of their choice.
- They should check the college websites and understand the eligibility and admission process.
- Make sure to pursue the instructions given by the colleges very causational.
- Candidates must always stay updated on the colleges that they want to apply to and In case of doubt make sure to get connected by a call or mail to the management.
- As practice makes perfect candidates must make sure to solve previous years' question papers.
Course Comparison
BBA Finance and Accounts and BBA Accounts are confused with each other a lot of times; however, the course structure is very different for both courses. The major differences between these two courses are as follows.
Parameters | BBA Finance and Accounts | BBA Accounts |
---|---|---|
Qualification | Bachelors of Business Administration in Finance and Accounts | Bachelors of Business Administration in Accounts |
Course Overview | BBA Finance and Accounts is a professional course which deals with the accounting principles and financial aspects of business planning. | BBA Accounts aims to offer a theoretical understanding of how accounting principles work within a business context, using practical experience dispensed through internships. |
Eligibility | 10+2 exam from a recognized board | 10+2 exam from a recognized board |
Admission Process | Entrance exam/ Merit Based | Entrance exam / Merit-based |
Average Annual Fee | INR 1,50,000 - 3,00,000 | INR 90,000 to 2,00,000 |
Average Annual Salary | INR 4 L - 6 L | INR 3 L -68 L |
Colleges | Chandigarh University Delhi University Amity School of Business |
NMIMS ICFAI Foundation for Higher Education KIIT School of Management, Jamia Millia Islamia University |
Recruitment sectors | Banks Business Consultancies, Foreign Trade Industrial Houses Inventory Control Educational Institutes, Investment Banking Public Accounting Firms, Marketing |
Banks Business Consultancies, Foreign Trade Industrial Houses Inventory Control Educational Institutes, Investment Banking Public Accounting Firms, Marketing |
Top Job Profiles | Audit Manager, Finance/Budgeting Accountant Cost Accountant Financial Analyst Corporate Business Analyst |
Chief Accounting Officer, Accounting Firm Partner, Finance Director Audit Manager Accounts & Finance Consultant Treasurer Accounts Assistant |
Top BBA Finance and Accounts Colleges
Some of the top BBA Finance and Accounts colleges are tabulated below for your reference.
Name of the Institute | Average Course Fee |
---|---|
Alliance University, Bangalore | INR 2,00,000 |
Universal Business School, Karjat | INR 2,50,000 |
Amity University | INR 3,40,000 |
Xavier University | INR 1,50,000 |
Lovely Professional University | INR 1,00,000 |
Chandigarh University | INR 1,00,000 |
Vellore Institute of Technology | INR 57,000 |
K L University Business School | INR 1,50,000 |
IMED | INR 1,00,000 |
University School of Business | INR 1,00,000 |
College Comparison
Tabulated below are some of the crucial pointers and their main areas of difference for two of the top most ranked colleges for BBA Finance and Accounts for your reference.
Parameters | Delhi University | Amity University |
---|---|---|
Overview | Delhi University is a Central Public University. It was established in 1922 by an Act of the Central Legislative Assembly. It offers UG, PG, Diploma, and Doctoral courses in various fields. | Amity University Lucknow is a private university established in the year 2004. It has 17 institutions which offer 87 programs. The University offers UG, PG, Diploma, and Doctoral courses in various fields |
Location | Delhi | Lucknow |
Course Level | Graduation | Graduation |
Course Duration | 3-Years | 3-Years |
Admission Process | Entrance Based | Entrance Based followed by a Personal Interview |
Average Annual Fees (INR) | 50,000 | 2,50,000 |
Placement Percentage | 60-70% | 70-80% |
Average Salary (INR) | 8 LPA | 7.50 LPA |
BBA Finance and Accounts: Distance Education
Nowadays, distance education is gaining a lot of popularity mainly for its convenience, flexibility and affordability. There are various universities and institutes in India offering BBA Finance and Accounts Distance Learning programmes. The syllabus and curriculum for both distance learning and the regular course are the same.
The only difference between both of them is that students with regular courses attend lectures and practical classes, however, in distance learning, students have to study at home and only appear for semester exams. The eligibility criteria for admission to a correspondence program or distance learning course is the same as the regular course.
Top distance education universities for BBA Finance and Accounts are mentioned below -
College Name | Location | Average Fees |
---|---|---|
IGNOU | Delhi, Ahmedabad | INR 26,000 – 33,000 |
Delhi University | Delhi | INR 5,000 – 10,000 |
BBA Finance and Accounts Syllabus
The core subjects that are taught in the entirety of the 3 year BBA Finance and Accounts course are tabulated below for your reference.
Semester I | Semester II |
---|---|
Principles & Practice of Management | Organisational Behaviour |
Business Communication | Business Environment |
Financial Accounting | Business Mathematics |
Business Law | Environmental Management |
Business Economics | Management Accounting |
Computer Application | Profit Planning & Control |
Semester III | Semester IV |
Production Methods | Operations Research |
Manpower Management | Industrial Law |
Marketing Concepts | Office Management |
Business Finance - I | Sales & Distribution Management |
Business Statistics | Research Methodology |
Computer Application | Business Finance - II |
Semester V | Semester VI |
Management Information System | Corporate Planning & Strategic Management |
Indian Economy | International Marketing |
Banking Law & Practice | Marketing of Services |
Advertising & Public Relations | Financial Institutions and Markets |
Accounting Specialization | Accounting Specialization |
Summer Training Report | Comprehensive viva-voce |
BBA Finance and Account Elective Subjects
During this course, students get to select a few elective subjects of their choice which they can use for their future studies. Below is the list for same:
Elective Subjects | |
---|---|
Introduction to Management Accounting | Ratio Analysis |
Budgetary Control | Working Capital Management |
Standard Costing | Fund Flow Statement |
Variance Analysis | Cash Flow Statement |
Marginal Costing | Capital Budgeting |
Cost – Volume – Profit Analysis | Management of Profits or Dividend Policy |
Analysis and Interpretation of Financial Statements | Overview of the latest developments in Accounting |
Common size financial statement, Trend Analysis | N/A |
BBA Finance and Accounts: Books
Some of the books along with their author names are tabulated below for candidates who want to pursue BBA Finance and Accounts courses.
Name of the Book | Author |
---|---|
Financial Accounting for BBA | SN Maheshwari |
Financial Accounting for BBA | Ruchi Goel |
Advanced accounting | SN Maheshwari |
Advanced Accountancy | SP Jain |
BBA Finance and Accounts Jobs
BBA Finance and Accounts is a course which opens doors for students in various sectors. There are ample job opportunities and several fields where a student can work after completing this course. From the education sector to the banking sector, there is a huge demand everywhere for this course. There are decent jobs after BBA Finance and Accounts in finance sectors and accounting platforms.
Employment Areas after BBA Finance and Accounts:
Retailers | Mortgage and Credit Companies |
Corporate Houses | Tourism Sector |
Banks | Investment Banking |
Colleges & Universities | Credit Unions |
Share & Capital Markets | Finance Companies |
MNCs | Consultation Agencies |
Health Care Sector | Marketing Sector |
Commercial Banking | Mutual Funds |
Life Insurance Companies | N/A |
Below is a detailed description of the Job opportunities after BBA Finance and Accounts and the salary trend
Job Position | Job Description | Average Annual Salary (INR) |
---|---|---|
Marketing Manager | Marketing Managers are responsible for developing strategic marketing plans that are implemented and executed for an entire organization, business, and brands. They work towards attracting potential customers and retaining existing ones. | 6 L - 12 L |
Budget Manager | Budget Managers work with Program and Project Managers in creating an organization's budget. They review managers’ and other executives’ budget proposals for adherence to company law, accuracy, and compliance with rules and other regulations. Besides preparing budget reports, they monitor institutional spending. | 4.50 L - 6 L |
Finance Manager | Finance Managers review financial reports, monitor accounts, and prepare activity reports and financial forecasts of the company. They also investigate ways to improve profitability and cut down costs. Their duties also include analyzing market trends for business opportunities such as expansion, mergers, or acquisitions. | 7.50 L - 11 L |
Accountant | Accountants prepare asset, liability, and capital account entries. They compile and analyze income and revenue expenditures. Additionally, they document financial transactions and recommend financial actions. | 5 L - 10 L |
BBA Finance and Accounts: Future Scope
BBA Finance and Accounts is a holistic and interdisciplinary course. Candidates with a BBA in Finance and Accounts can choose from a lot of options for prospects and career options. Some of them are:
- Students with a BBA in Finance and Accounts can land up in jobs. Graduates can work in Banks, Business Consultancies, Foreign Trade, Industrial Houses, Inventory Control, Educational Institutes, Investment Banking, Public Accounting Firms, Marketing, Merchant Banking, Policy Planning, Public Accounting Firms, Working Capital Management, etc.
- Students with BBA Finance and Accounts can work as an Accountant, Bookkeeper, Finance Manager, Marketing Manager, Assistant Manager, A student pursuing this course is likely to bag a job as an Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst, and Corporate Business Analyst etc.
- Students can also go for various government jobs in banking, taxation, forex sector etc. for this, they would have to appear for Government Competitive Exams
- Students who want to pursue further studies can opt for Masters and PhD in the same field. Higher Studies in the same course will brush up the knowledge of a student and will develop more research thinking.
- A Master's or post-graduation in Management Studies, Human Resource Development Management, Financial Planning Wealth Management etc. are also good options.
- MBA in Finance and Accounts is also available after completing a BBA in Finance and Accounts.
BBA Finance and Accounts: FAQs
Ques. What is the BBA Finance and Accounts course about?
Ans. BBA Finance and Accounts is an undergraduate course that deals with the business operations, accounting and financial management of any company. The course curriculum covers all aspects of managing accounts and finances.
Ques. What are the career prospects after pursuing a BBA in Finance and Accounts?
Ans. Candidates after completion of a BBA in Finance and Accounts can work in both the private and public sectors. There are various jobs like bookkeeping, forex manager, banking, accountant etc. One can also pursue higher studies.
Ques. Is BBA Finance and Accounts difficult?
Ans. BBA Finance and Accounts is a course which includes all the basic aspects of financial, marketing and accounting aspects. It is not very hard, however, one needs to keep them updated for better learning as it evolves daily.
Ques. Is BBA Finance and Accounts a highly pursued course?
Ans. BBA Finance and Accounts is an in-demand course; however, it is gaining more popularity with time. Many institutes offer this course, but still, there are more job opportunities than the students opting for it.
Ques. What are the growth prospects for a person in the finance sector?
Ans. The person in the finance sector deals with all the bookkeeping, debit and credit of monetary assets and company accounting. Hence, one can work in an MNC in which they can grow at a fast pace if they work with the best of skills.
Ques. Which colleges in Delhi offer BBA BBA Finance and Accounts?
Ans. Colleges like Satyavati College, SRCC, Ip College, and Lady Shriram College offer BBA Finance and Accounts from a regular mode. However, IGNOU offers a distance course.
Ques. What are the documents required for admission to BBA Finance and Accounts?
Ans. The following documents are required for admissions in BBA Finance and Accounts:-
- Migration Certificate
- Passing certificate/ Degree certificate
- Age proof
- No objection Certificate
Ques. Is it compulsory to have a commerce background to pursue a BBA in Finance and Accounts?
Ans. No, anyone with a 10+2 degree irrespective of the subjects and specialisation can apply for this course. However, students with a commerce background have an edge over others.
Ques. Is maths compulsory for BBA Finance and Accounts?
Ans. Having maths in class 12 may or may not be compulsory for some colleges. However, having maths is recommended as it helps with understanding the basic concepts.
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