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- Online Accounting Management Courses
The objective of accounting management is basically to help the managerial workforce determine the right plan of action related to business development. Some of the tools of accounting management are business analysis, financial accounting, costing, economics, and more. These are used for data processing in the businesses. Though accounting management is considered to be an old course of study, it can be a great stepping stone for those wanting to make a career like accountants in the corporate field. It is an integral part of the functions of an organisation, and hence those who pursue accounting management courses may face jobs in abundance in different industries.
What are Accounting Management Courses?
Accounting management courses teach the process where both financial, and non-financial information along with resources are offered to the managers working in organisations so that they can make decisions for the well-being of the company. These management accounting certification courses also involve generating financial reports and statements where all relevant information is shared with the management in the organisation. This will ultimately aid in formulating strategies thereby helping the candidates reach the business goal.
Who can learn Accounting Management Courses?
If students are seeking a career in the corporate world which involves dealing with several accounting tools like business analysis, economics, costing, and financial accounting. People may pursue these kinds of management accounting certification courses only when they are sure that they are capable of using statistical data for determining the right plan of action for the growth and development of a business.
Eligibility Criteria For Accounting Management Courses
There is a certain level of eligibility criteria required for all kinds of accounting management courses which are stated below:
- A diploma in accounting management requires passing 10+2 with the relevant certificate or an equivalent under any dicisonie but from a recognised board. All students who have already appeared for the final term examination are allowed for application.
- Any undergraduate management accounting certification programme admission shall be based on the results secured by the candidates in their 10+2 examinations.
- For a post-graduate certificate course every candidate must be having a graduate degree in any discipline but from any university which is recognised.
Explore Popular Certification Specialisations
Entrance Exams for Accounting Management Courses Online
Depending on the courses, and their types, separate exams for entrance into accounting management courses are designed. Let’s have a quick look at some of these below:
- The diploma accounting management course prefers students only from the commerce stream having a basic ideal of accounting thereby requiring no entrance exams.
- For pursuing MBA in accounting management, the students need to crack any one of the entrance exams like CAT, NMAT, XAT, MAT, CMAT.
- For PG certificate or diploma accounting management courses are either merit-based or entrance exam based which entirely depends on what the colleges decide though some entrance exams like CAT, CEED, MAT, and GMAT are considered for the candidate’s admission.
Skills Required For Accounting Management Courses
Let us all have a closer look towards some of the most desired skill set that the students for Accounting Management Courses need:
- Analytical skill: Having analytical skill shall be of help to the candidates if they need to suggest and implement different possible solutions to a problem.
- Proper Knowledge: It is great if the candidates have in-depth knowledge of different accounting concepts like policy planning.
- Communication Skills: To ensure that the understanding, and delivery of information, is happening in a fluent manner. This way both professional, and personal goals are met correctly.
- Decision-making ability: Decision making may involve risk taking hence the candidates should possess this ability that will help in working towards the decision made for the betterment of the organisation.
What You Will Learn in Accounting Management Online Courses?
The candidates will be getting In-depth knowledge about the different financial skills, and thereby it will increase their financial capability in planning, and increasing the team working skills. The knowledge in working with financial corporate organisations shall also grow while pursuing management accounting certification courses.
Popular Online Accounting Management Courses and Certifications
Some of the institutes like Udemy offer popular accounting management certification courses which are stated in this table below, and explains about the different topics of accounting management in detail.
Course | Offered By | Duration |
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Udemy | - | |
Udemy | - |
Career Opportunities After Accounting Management Courses
Diploma in accounting management courses shall offer different kinds of employment in colleges or universities, banking, government organisations,and insurance sector, MNC, and more The degree holder may be able to secure jobs like the following after they are done with management accounting courses in India.
- Accountant
- Accounting Manager
- Financial Manager
- Auditors
- Fraud Investigators
- Portfolio Manager
- Banker
- Lecturer
Salary Trends After Accounting Management Courses
The average starting salary increases depending on what kinds of accounting management courses the candidates have pursued. As their knowledge, and their experience increases over time their salary package also increases, and the average packages have been mentioned in the table below with respect to the management accounting courses online.
Job Profile | Approx Average Salary |
After Diploma in Accounting Jobs | Rs.1, 80,000 to Rs. 4,00,000 lakhs per annum |
After MBA in Accounting Jobs | Rs. 4 to Rs. 20 lakhs per annum |
After PG Certificate in Accounting Jobs | Rs. 2 to Rs.15 lakhs per annum |
Scope of Accounting Management Courses
After the completion of a UG programme accounting management, one can sit for different competitive examinations in India for jobs in sectors like hospitals, railways, banks or other MNCs.. The scope is wider, and lucrative for those who have done an MBA in finance and accounting management as they may get placed directly from campus interviews.
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Top Recruiters
Many of the top companies like Bharat Sanchar Nigam Limited (BSNL), Tata Consultancy Services Limited, Genpact, Wipro Technologies Ltd., etc can hire graduates, and even post graduates in accounting management sectors. People who have learnt accounting management courses can be pretty much successful in any financial career that they get associated with. Some other companies that might be taken into consideration are after pursuing accounting management certification courses are:
- PricewaterhouseCoopers
- Government organisations
- KPMG
- Banking and insurance sector
- Colleges or universities
- Other MNCs
Accounting Management Courses by Top Providers
Some of the best online Accounting Management Courses along with certifications are offered by top providers like:
- Talentedge Accounting Management Courses and Certifications
- Udemy Accounting Management Courses and Certifications
Explore Popular Platforms Certification Courses
FAQs:
Q) What is the difference that one can find between accounting and financial management?
Ans) Accounting means making financial statements, and financial management means using these statements for future courses of action.
Q) Can students from commerce backgrounds only apply for accounting management courses?
Ans) It is better if the students have some basic idea of commerce subjects to learn these kinds of management accounting certification courses.
Q) Can the candidates learn accounting skills from accounting management courses?
Ans) Yes, management accounting courses online by famous providers will help develop skills in accounting management.
Q) What is the duration of the online Accounting Management Courses?
Ans) Right from 6 months to 3 years, the duration of online accounting management courses hovers around.
Q) Is Accounting Management Courses open for both the genders?
Ans) No matter what the gender is these courses can be learnt using online or offline methods.
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