Certificate in Accounting is a 6-month to 1-year certification course offered at undergraduate levels in India.
The minimum eligibility of the Certificate in Accounting program is to have a 12th or a Senior Secondary degree from a recognized board of India.
Students can gain admission to Certificate in Accounting simply on the basis of their higher secondary results. Generally no entrances are required to secure an admission to this course.
Some of the top colleges offering admission to the programme are Sai College. The IIS University, The ICFAI Foundation for Higher Education, etc
The average annual tuition fee for the Certificate in Accounting courses ranges from INR 7, 000 to INR 20,000.
The programme aims to provide theoretical knowledge of accounting and financial practices to the students and lays the foundation to make an accounting career. The course comprises subject areas like Advance Accounting, Fundamentals of Accounting, Taxation, Business, Commercial and Industrial Laws, Banking and finance, etc.
Certificate in Accounting courses expands the career possibilities of candidates seeking work in the fields of business, finance, taxation, auditing, corporate finance, accounting systems, etc.
Qualified candidates can start their career with jobs like Accounts Assistant, Book-Keeper, Banker, Financial Analyst, Financial Controller, etc. The average salary offered to the candidate pursuing the course ranges from INR 2-4 LPA.
Courses like BCom, ACCA or Company Secretary can be pursued further to the Certificate in Accounting. Pursuing a higher degree will ensure students to have better job opportunities and career prospects.
Certificate in Accounting: Course Highlights
Some of the major highlights of the course are as follows.
| Course Level | Certification |
| Full-Form | Certificate in Accounting |
| Duration | 6 Months to 1-Year |
| Examination type | Semester/Annual |
| Eligibility | 10+2 |
| Admission Process | Merit-Based |
| Course Fee | INR 7, 0 00 to 20,000 |
| Average Salary | INR 2-4 LPA |
| Top Recruiting Areas | Accounting firms, financial firms, Banks, Auditing Firms, etc |
| Job Positions | Accounts Assistant, Investment, Banker, Equity Research Analyst, Corporate Analyst, Investments Analyst, Risk Analyst & Securities Analyst, Financial Analyst, Financial Controller, etc. |
Certificate in Accounting: What is it About?
Read below points to know what Certificate in Accounting is all about-
- The program will provide you skills and knowledge that can be applied to a number of industries and businesses where accountants will always be in demand.
- The program can be pursued either full time or part-time, depending on the candidate’s preference and accordingly shortlist the colleges.
- The minimum duration of this course is 6 month and the maximum is 1 year for students seeking jobs in this sector.
- The Certification in Accounting program allows candidates to enter accounting and finance fields and train them in business, finance, financial reporting, taxation, auditing, accounting systems, etc.
- The major skills required to pursue Certification in Accounting are good quantitative and analytical skills.
- The course will provide knowledge about typical business administration schemes, the ethics of accountancy, statistics, and accounting theory to the students who will land them lucrative career options.
- This course will teach them to prepare business proposals, financial statements, and tax returns which is demanded by the majority of employers.
Certificate in Accounting: Why that particular course?
Following are some of benefits of pursuing Certificate in Accounting:
- Top Skills Acquired
Students need to have an understanding of the foundational accounting concepts such as financial record keeping, tax preparation, and payroll administration, etc. Skills such as reporting financial information, budgets and payroll activity are some core learning that a student will inculcate while pursuing the course
- Lucrative Job Opportunities
A career in this field is one of the top career choices made by the students in India. The course provides vast career scope in profiles such as clerk, payroll clerks, and accounts clerk. Lucrative jobs are available for India as well as in foreign countries for positions like Finance Managers, Financial Controllers, Certified Public Accountant, Chief Financial Officer, and many more.
- Top Industries
Students with a Certificate in Accounting get ample of industries to work in. Some of the popular ones are Accounting firms, financial firms, Banks, Investment firms, Auditing Firms, etc
- Further Study Options
Certificate in Accounting paves a way for students to gain work experience in the field and pursue an associate’s, bachelor’s degrees, master’s degrees in the same field. The course also helps those preparing for licensing and certification designations.
Certificate in Accounting Admission Process
The admission process for Certificate in Accounting courses in India is offered on the basis of marks obtained in the high school examination i.e merit-based. Hardly any colleges are there to offer admission to Certificate in Accounting courses on the basis of entrances.
Under merit-based admissions, colleges announce their own cut off lists and as per their cutoff criteria one becomes eligible to take admission in the course.
Following are the steps to keep in mind while applying for Certificate in Accounting Admission:
- Step 1: Visit Online Application Portal of the college and register by filling required details like name, mobile number, email ID, etc.
- Step 2: Log-in using the generated “Username” and “Password”. Candidates will have to fill the application form and furnish personal and academic details like Gender, Address Subject, Marks, etc.
- Step 3: Candidate needs to upload the scanned copies of the required documents like mark sheet, certificates, photograph, signature, etc . The scanned copies must be of the specific size and format as mentioned by the college.
- Step 4: Pay the application fee as per the college guidelines. Once the payment of the application fee is completed, the confirmation will be sent to the candidate through the mail.
- Step 5: After the registration and payments are completed, the colleges will announce and publish the names of the qualified students who are granted admission in the course.
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Certificate in Accounting Eligibility
Following are the eligibility criteria for the course:
- Aspiring candidates must have passed 10+2 senior secondary exams or any equivalent exam from a recognized board.
- The minimum marks for admission in this course may vary from institute to institute.
How to get admission in a good college?
To get admission in top colleges offering Certificate in Accounting like Himalayan University, Sai College, The IIS University, etc, following things are to be kept in mind-
- Make sure your 10+2 marks are exceptional to secure a place in a good college/institute. Higher the performance, the better are the chances of admission into a top college.
- Good knowledge of Finance and Accounting would be a plus.
- Be informed about the eligibility, course cut-offs, application process & fee, important dates and deadlines related to the conducting body or college, etc. so that you do not miss out on the vital information.
Certificate in Accounting Colleges
Some of the top colleges in India providing Certificate in Accounting courses are-
| College Name | City | Annual Fees (INR) |
|---|---|---|
| The ICFAI Foundation for Higher Education | Hyderabad | 35,000 |
| University of Mumbai | Mumbai | 10,200 |
| Himalayan University | Arunachal Pradesh | 7,000 |
| Sai College | Bhilai | 8,600 |
| The IIS University | Rajasthan | 11,000 |
| Gnanamani Institute of Management Studies | Tamil Nadu | 7,700 |
| Kanoria PG Mahila Mahavidyalaya | Rajasthan | 20,000 |
Source: Websites
College Comparison
The table drawn below shows the comparison made between the top universities that offer Certificate in Accounting in India.
| Parameters | The ICFAI Foundation for Higher Education | The IIS University |
|---|---|---|
| College overview | The University is a member of the Association of Indian Universities (AIU) and Association of Commonwealth Universities (ACU). The university offers many UG, PG, PhD & Certificate level courses | With about 5200 students, IIS University is one of the top institutes of the country located in Jaipur. It has been accredited ‘A+’ grade by the NAAC and recognized by UGC. |
| Location | Hyderabad | Rajasthan |
| Average Annual Fee | 35,000 | 11,000 |
| Top Recruiters | Tech Mahindra, Bharti Airtel, Jp Morgan Chase, Kotak Mahindra Bank, Tcs - Eserve | Naukri.Com, Capgemini, Toshiba, Icici Bank, L&T Infotech, Hindustan Zinc Limited (Hzl) |
Certificate in Accounting Syllabus
The core and major Certificate in Accounting syllabus, which every aspirant needs to study throughout the course duration is tabulated below semester wise-
| Semester I | Semester II |
|---|---|
| Cost Planning and Analysis | Corporate Governance |
| Budgeting and Management Control | Strategic Finance |
| Group Financial Statements | Research Methodology |
| Strategic Management Accounting | Project |
| Project Financial Management | - |
Certificate in Accounting Books
Tabulated below are some of the Certificate in Accounting Books books that can help aspirants to have a broader and better understanding of the course.
| Name of the book | Author |
|---|---|
| Financial Accounting Certification Guide | Stefanos Pougkas |
| Cost Accounting and Management Essentials | Kalpesh Ashar |
| Business Laws & Business Correspondence and Reporting | SK Agarwal |
| Principles & Practice of Accounting | SK Agarwal |
Course Comparison
The table below holds a comparison between Certificate in Accounting vs. Certificate in Finance
| Parameters | Certificate in Accounting | Certificate in Finance |
|---|---|---|
| Course Overview | It focuses on the management of current and future figures of a business or organization by analyzing growth potential by assessing monetary resources, utilizing accounting statistics and reports, and also looking externally for future funding options. | It involves analyzing and utilizing financial information in order to evaluate a business’s financial position to encompass planning, controlling, decision-making, stewardship, accountability, and more. |
| Duration | 6 Months-1 Year | 6 Months-1 Year |
| Eligibility | 10+2 from a recognized board. | High school degree from a recognized board |
| Admission Criteria | Admissions are Merit-Based. | Merit-Based. |
| Average Annual Fees | INR 7, 0 00 to 20,000 | INR 9, 0 00 to 20,000 |
| Top Colleges | Sai College, Osmania College, St. Philomena College, Himalayan University, Zakir Hussain College, AVVM Sri Pushpam College, Gnanamani Institute of Management Studies, Kanoria PG Mahila Mahavidyalaya, University of Mumbai, etc. | Indian Institute of Financial Planning (IIFP), International College of Financial Planning (ICoFP) Delhi, International College of Financial Planning (ICoFP) Mumbai, International College of Financial Planning (ICoFP), International College of Financial Planning (ICoFP), etc |
| Average Salary | INR 2-4 LPA | INR 2.5-4 LPA |
| Job Roles | Accounts Assistant, Finance Manager, Investment, Banker, Equity Research Analyst, Corporate Analyst, Investments Analyst, Risk Analyst & Securities Analyst, Financial Analyst, Financial Controller, etc. | Financial Services, Research Analyst, Management Trainee, Finance Assistant, & Accountant Outbound Debt Management Specialist, Financial Agent, Project Coordinator, Financial Consultant, Financial Accountant, Finance Manager, Finance Assist. Manager etc. |
Certificate in Accounting Job Prospects and Career Options
After successful completion of the Certificate in Accounting Course, graduates can seek employment in the accounts departments of government or private sector.
There are various industries for these candidates like business, finance, financial reporting, taxation, auditing, corporate finance, business recovery and insolvency, accounting systems, etc.
Some of the top recruiters are NRHM, RBI banks, Oil India Limited, AIG, Boeing, Philips, JP Morgan Chase, etc. These top companies hire such professionals offering them an average salary of INR 2-4 LPA
Some of the major job profiles associated with the course, along with the average salary are as follows:
| Job Role | Job Responsibilities | Average Annual Salary (INR) |
|---|---|---|
| Bookkeeping Clerk | The main task of them is to provide financial and administrative support to the organization and support in financial operations. | 2 LPA |
| Billing Clerk | To generate bills and invoices using various accounting softwares are the regular jobs of Billing Clerks. | 1.5 LPA |
| Tax Accountant | Tax Accountants prepare the tax structure, handle financial records & taxes of an organization, and file tax returns. | 4 LPA |
| Accounting Clerk | These professionals update, review, and maintain accounting records of and organization. | 3.5 LPA |
| Cost Accountant | To tally the accounts after the entire cost incurred in manufacturing a product and costs incurred by the firm is their main task. | 3 LPA |
Source: Payscale
Certificate in Accounting Scope
Certificate in Accounting course makes an individual familiar with the fundamentals of accounts. Post obtaining a certificate of the course, candidates are recommended to study further in the same field.
Some of the popular courses to study further are:
- BCom: Candidates pursuing a BCom course after Certificate in Accounting will have a smooth course journey due to early experience. A BCom course will also help an individual to get a thorough understanding of the subject, Apart from BCom Accountancy, candidates can also choose to study other BCom courses.
- Association of Chartered Certified Accountants [ACCA]- ACCA is a 2-year full-time and is one of the highly respected options to choose if an individual aspires to become an accountant. Chartered accounting, Financial accounting, Maintaining chartered accounts, and Business Valuation are some of the course subjects of this course.
After availing a Certificate in Accounting, candidates can also start their own accounting or auditing firm or can work in accounting firms, government departments, non-profit organizations, private firms, etc.
Certificate in Accounting: FAQs
Ques. Why Get an Accounting Certificate?
Ans. Certificate in Accounting program aims to provide theoretical knowledge of accounting and financial practices to the students and lays the foundation to make an accounting career.
Ques. What Can I Do With an Accounting Certificate?
Ans. Qualified candidates can start their own accounting or auditing firm or can work in accounting firms, government departments, non-profit organizations, private firms, etc.
Ques: What is the difference between a Certificate in Accounting and a Certificate in Finance?
Ans. Certificate in Accounting involves analyzing and utilizing financial information in order to evaluate a business’s financial position to encompass planning, controlling, decision-making, stewardship, accountability, and more. Certificate in Finance focuses on the management of current and future figures of a business or organization by analyzing growth potential by assessing monetary resources, utilizing accounting statistics and reports, and also looking externally for future funding options.
Ques. Which colleges in India provide a Certificate in Accounting Course?
Ans. The IIS University, Himalayan University, Osmania University, Kanoria PG Mahila Mahavidyalaya, University of Mumbai, etc provides certificates in accounting courses.
Ques. What is the average fee for the course?
Ans The average Certificate in Accounting course fees from distance may range from INR 10,000 to 70,000.
Ques. What is the admission process to apply for a certificate in accounting course?
Ans The admission process for the certificate in accounting program is done mostly on merit basis.
Ques. What will I get to study during the course?
Ans You will get to study about auditing, tax, risk assessment, international accounting, and management accounting relating to fraud, electronic crime, insurance claims, bankruptcy, and corporate ethics.
Ques. What is the average salary offered after completing this certification?
Ans The average salary offered to the candidate pursuing the course ranges from INR 2 LPA to 4 LPA
Ques. What roles can I apply for after completing this certification?
Ans Top job profiles, candidates can work as Accounts Assistant, Finance Manager, Investment, Banker, Equity Research Analyst, Corporate Analyst, Investments Analyst, Risk Analyst & Securities Analyst, Operations Manager & Financial Analyst, Financial Controller, etc
Ques. What Scope does the Certificate in Accounting Course have?
Ans After availing a Certificate in Accounting, there are vast opportunities for qualified candidates and they can start their own accounting or auditing firm or can work in accounting firms, government departments, non-profit organizations, private firms, etc or can pursue further studies.
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