Various Courses Of Study For A Career In Finance
This article discusses options of courses for a plus 2 student to study to get a career in Finance. It covers professional body certification courses, formal university courses, latest popular certificate and diploma courses. It gives details for contact also. This will be a useful document for Plus 2 student.
Various courses of study for a career in Finance
Charted accountancy course
Charted accountancy course is conducted by The Institute of charted accountancy of India. ( http://www.icai.org )
Steps to do:
(a) Enroll with Institute for common proficiency test ( CPT ) after passing Class X
(b) Write CPT examination after passing Class XII
(c) Enroll for Integrated Professional competence Course ( IPCC )
- Enroll for Group I or
- Enroll for Group II or
- Enroll for Group I and Group II
(d)undergo 9 months study course
(e)Undergo orientation course of one week
(f)Undergo information technology training ( duration 100 hours )
(g)Appear for group I and Group II examination
(h)After passing the examination , register as Articled assistant for a period of three years.
(i)Register for CA final course and prepare for the final examination.
(j)In the 3rd year of articled training, undergo " General Management and communication skills" ( GMCC )
(k)complete articled training ( 3 years )
(j)Appear for final examination
(k)Pass the final examination
(l)Enroll as a member of ICAI with charted accountant designation
Salient points:
Charted accountant is good profession. One can have own consultancy. Or the person can go for job in industry and business. Post will be in management cadre.The charted accountancy course is not a costly course. As article assistant, one can earn some money in student life.However passing final examination is relatively difficult compared to other degree courses.Cost accountancy course
Cost accountancy course is conducted by Institute of cost accountant India ( http://www.icwai.org )A student has to do Foundation course, Intermediate course and final course to get ICWAI.A student can register in December or in June. Coaching is available at regional centers.Courses are not costly.Good respect is there for this qualification in financial sector.Graduation ( B.Com / B.A / BSc/ B.B.A ) + PG ( M.B.A - Finance )
After plus 2, a student can for graduation in colleges near by. Though B.Com and B.B.A is preferred for career in finance, BSC and B.A are also acceptable. After graduation, the student can write entrance examination for M.B.A and qualify for admission. The following are the well recognised entrance examinations:
- Common Management Admission Test ( CMAT ) is the entrance examination conducted by AICTE
- Common Admission Test is the entrance examination conducted by I.I.Ms.
- Management Aptitude Test ( MAT ) is the entrance examination conducted by All India Management Association ( AIMA )
- Graduate Management Admission Test ( GMAT ) is conducted by Graduate Management Admission council USA
CMAT score is accepted by colleges affiliated to AICTE. CAT score is essential for getting admission to IIMs. MAT is accepted by most of the private management colleges. GMAT is recognized internationally. While joining the course, student can opt for specialisation in finance.Graduation+ PG diploma ( 2 years ) in Financial Engineering
After graduation, a student can go for PG course in Financial engineering. Financial engineering is an interesting new field.
In India, Institute of Finance Management and Research ( IFMR ), Chennai is offering 2 year PG diploma program in Financial Engineering.
For admission, a student should have valid CAT score or GMAT score.
Students selected based CAT/ GMAT score will face group discussion and personal interview.Scholarship is also available.IFMR is giving good placement support.Graduation + certificate course in quantitative finance
Quatitative Finance is currently popular course. The Indian Institute of Quantitative Finance offers a six month certification course. It has compuses in Mumbai, Delhi, Kolkata, Bangalore, Hydrabad and Chennai.
Address:
Indian Institute of Quantitative Finance
S-3, Krishna Commercial Complex
LSC-2, Mayur Vihar Phase-II
Delhi 110091
India
www.iqfindia.comComputer software package training - Tally
Tally is a popular accounting software for small and medium business.It is designed by Tally solutions. Leadinng computer training institutes conduct tally course. Certificate is given by Tally Academy,
http://www.tallyacademy.in/Tally-Financial-Accounting-Program-TFAP.htmlOracle Finance
It is internationally recognised software. Selected software institutes are giving training. Students will get certificates from Oracle itself.It will be costlier course compared to cost of Tally.
A typical institue: http://www.htsindia.com/oracle11i-financial-training-curriculum.html