Accounting Management Course In India, Accounting Management Colleges, Jobs, Salary In India
IntroductionAccounting Management course focuses primarily on the accounting aspect of the business. The work of an Accounts Manager reflects upon the Company’s financial position in the market. A favorable Accounts statement can ensure more funds for the Company, while an adverse report can sound the death knell for it. The job involves analysis, planning, implementation and control of programs designed to provide accounting data reporting. This also includes the maintenance of bank accounts, developing accounting statements, cash flow and accounting performance analysis. The job also revolves around all the business activities of the company such as preparing the accounting statements, cash flow statements, balance sheet and income statements, financial ratio and the annual report of the Company. An accounts manager handles a diverse range of activities, such as forecasting Cash Flows, preparing Fiscal/Regulatory Accounting Management Information Systems reports and financial analysis. Therefore there is a continued demand for qualified; trained and experienced accountants mangers to assist the management of any firm/organization realize its business goals. Courses & EligibilityMost of the universities offer education in Accounting management at post graduate level, but few recognized accounting institutes do offer programmes at undergraduate level too. Generally for undergraduate courses, the eligibility is 10+2 with 50% marks, preferably in commerce stream and for post graduate course; the aspirant must be at least a graduate preferably in commerce. Students are selected through entrance examination. Besides most institutes conducts their own tests followed by group discussion and personal interview. Job ProspectsWith India taking rapid strides in international business scenario, the requirement for qualified accounts managers is increasingly high. Accounting management has emerged as one of the lucrative career option nowadays. Accounting managers of any company are among the highest paid professionals both in India and abroad. Generally, the expertise and experience of the manager, the type and number of clients served, and geographic location decide the income of accounting managers and accounting planners. At times; sky is the limit for the talented ones. Pay-PackageDepending on one’s qualification and experience, one can expect to be paid well in this hot career option. As a trainee, one can start with a salary of Rs.8000-Rs.12000. With having one or two years of experience, one can command a higher salary. Generally MNCs and private companies offer higher pay packages as compared to government departments. Institutes/Universities1-The Institute of Chartered Financial analysts of India University (ICFAI)2-Financial Planners & Advisory Academy Pvt Ltd,3-Financial Planners & Advisory Academy Pvt Ltd,4-Financial Planners & Advisory Academy Pvt Ltd,5-Indian Institute of Management, Calcutta (IIM C)
