Meritorious Plus Two holders in any subject combination, including commerce, have many higher study options. B.Com. is one among them. There are professional courses such as chartered accountancy; cost and works accountancy; company secretaryship; and chartered financial analysts. Bachelor’s and Masters level courses in business administration; business management; law; journalism and mass communication; fashion design; design; tourism; hospitality and hotel administration are also available. One can opt for any of these courses, but success depends on excelling in the chosen option. The choice must be based on one’s aptitude and interest.
Commerce is a good option. B.Com., M.Com., M.Phil. and Ph.D. courses are popular and are offered by many university departments and colleges. Commerce offers several opportunities for higher studies and employment. Those who pass B.Com. with high marks can go for Master’s programmes in different streams, such as business administration; financial control; personnel management and so on. Diploma in computerised financial accounting using Tally is another option. Those familiar with accounting software such as Tally have a better chance of finding jobs.
Some universities have updated the B.Com. curriculum in tune with the needs of industry and commerce. The syllabus usually includes business mathematics; accountancy; managerial economics; PC software; banking; business statistics; financial accounting; C++; corporate accounting; insurance and risk management; visual programming; business laws; cost accounting; marketing and e-business; foreign trade; company law and secretarial practice; web technologies and e-commerce; management accounting; direct and indirect taxes; Tally; financial management; auditing; working capital management; entrepreneurship development; advertising and public relations; consumer and organisational behaviour; human resource; cooperation; material management; supply chain management and logistics; assets; income tax audit and control practice; and project work.
The syllabus has been worked out to cater to the job market in information technology (IT) and IT enabled services; insurance; travel; tourism; and healthcare. B.Com. with computer applications is offered by a few universities and colleges.
B.Com. degree is considered as the perfect base for MBA; chartered accountancy; cost and works accountancy; company secretaryship; chartered financial analysts; master of financial control and so on.
Chartered accountancy
Chartered accountancy (CA) course offers a career in the specialised area of accounting. The Institute of Chartered Accountants of India (ICAI) has revamped the scheme of education and training. Candidates have to register with the Board of Studies for the entry-level Common Proficiency Test (CPT) conducted in the months of February, May, August and November every year.
After passing CPT and Plus Two, one can register for level- 2 Professional Competence Course (PCC) and practical training.
A registered student can appear for ‘PCC’ provided he or she has worked for at least 15 months as an articled assistant or audit assistant three months prior to the first day of the examination month. He or she should have completed a course in information technology as specified. An articled assistant is required to undergo practical training for three and a half years. Alternatively, a student may undergo practical training partly as articled assistant and partly as audit assistant.
The Board of Studies will provide a study package to the students, containing books relating to each subject covered in the course. You can attend the virtual classes conducted through ICAI branches at Thiruvananthapuram, Kollam, Kottayam, Alappuzha, Ernakulam, Thrissur, Kozhikode and Palakkad.
After passing the professional competence examinations and completing practical training, you can enter the level–3 final course. Those who pass the final examinations will be qualified to become a member of ICAI and practise as a chartered accountant.
For details, visit www.icai.org or contact the ICAI branches.
Cost accountancy
Another option is cost and works accountancy. If you are aspiring to be a cost accountant, register with the Institute of Cost and Works Accountants of India (ICWAI).
ICWAI is a statutory body imparting education and training in cost accountancy. There are foundation, intermediate and final courses. Those who have passed Plus Two or equivalent are eligible to register for the foundation course.
Those who qualify the foundation course or secure a degree in any discipline from a recognised university are eligible for admission to the intermediate course. Those who clear the intermediate examination can enrol for the final course. The institute offers postal and oral coaching for these courses. Details can be obtained from the ICWAI chapters in Thiruvananthapuram (Vellayambalam), Kochi (Kaloor), Aluva and Kozhikode.
For details, visit www.myicwai.com/home.asp or www.icwaicochin.com.
Qualified cost accountants are eligible to get suitable jobs in public and private sector organisations. Cost accountants can practise as auditors and take up consultancy assignments.
Company secretaryship
he Institute of Company Secretaries of India (ICSI) provides study facilities for foundation, intermediate and final courses to enable one to become a company secretary.
To qualify for the membership of the institute, you should pass the foundation, intermediate and final examinations conducted by ICSI and posses practical experience. Those who have passed Plus Two or equivalent examinations or are appearing for the final examination can register for the foundation course.
Graduates and postgraduates in any discipline, except fine arts, can enrol directly for the intermediate course. Those who qualify the intermediate examinations can go for the final examination.
Admission to these courses are open throughout the year. Oral and postal coaching facilities are available.
Details can be collected from the ICSI chapters in Thiruvananthapuram (Fort), Kochi, Thrissur, Kozhikode and Palakkad or from the web site www.icsi.edu.
Several job opportunities are available for qualified company secretaries. Pursuant to section 383(A) of the Companies Act 1956, companies with a paid up share capital of Rs.2 crore or more are compulsorily required to appoint a fulltime company secretary who must be a member of ICSI.
Financial analysts
The Institute of Chartered Financial Analysts of India (ICFAI) University conducts a Chartered Financial Analysts programme which focuses on corporate finance and control; international finance and risk management; investment analysis and portfolio management; banking and financial services.
Graduates in any discipline are eligible for admission.
For details visit www.icfai.org.
Qualified chartered financial analysts will get job opportunities in the field of corporate finance; capital market services; leasing and hire purchase; share broking; and investment analysis.
Business management
Business administration or management is another suitable option. B.B.A. and B.B.M. courses are available in the Bachelor’s degree level. After graduation in any discipline, one can go for MBA or postgraduate programmes in management.
Choose reputed institutes for doing MBA.
The Master of Financial Control (MFC) course is another suitable higher study option for graduates.
No comments:
Post a Comment