Popular Professional Financial and Accounting Courses in India

The field of accounting and finance has witnessed significant growth over the past few years, offering numerous career opportunities across various sectors such as technology, banking, e-commerce, and finance. India is renowned for its robust and diverse professional training programs in these fields. This article explores the most popular and well-regarded financial and accounting courses offered in India.

Popular Courses in India

Several professional courses in finance and accounting are widely recognized and esteemed in India. Here is a list of some of the most popular courses:

Chartered Accountancy (CA): One of the most respected qualifications in India, especially in the field of finance and accounts. Eligibility requires clearing the 12th grade. After completing the Final CA exam, professional accountants may find opportunities in top firms like BDO, Grant Thornton, Blackstone, Morgan Stanley, and the Big Four (KPMG, Deloitte, PwC, and EY). The average starting salary ranges between INR 6 to 8 lakhs per annum (lpa). Accredited Chartered Accountants (ACCA): A globally recognized qualification offered by the UK-based ACCA body. Eligibility criteria are similar to CA, with 12th grade as the requirement. After completing ACCA, the initial salary range is expected to be between INR 6 to 8 lpa. This course is popular among students looking to expand their career opportunities globally. Certified Public Accountant (CPA): Ideal for professionals interested in working in the U.S. or Canada. This course is a better fit for graduates or those already working in the accounting and finance field. The U.S. CPA is a specialization course that can be completed in about 6 to 9 months. Certified Management Accountant (CMA): This course is best suited for those interested in the business side of accounting, focusing on management accounting. It supports career advancements in areas such as financial statements, cost accounting, and management decision-making. Diploma in International Financial Reporting (DipIFR): A shorter course that aims to provide professionals with an understanding of international financial reporting standards. Financial Risk Manager (FRM): Suitable for those interested in financial analysis, including investment banking, portfolio management, risk management, and stockbroking. Certified Financial Planner (CFP): A popular course for individuals interested in planning and managing their clients' financial portfolios. Diploma in Banking and Finance (DBF): A course designed for those interested in pursuing careers in banking and finance, covering a wide range of topics from financial markets to international finance. Post Graduate Diploma in Finance (PGDF): This advanced course is suitable for professionals looking to enhance their skills in finance, with a focus on advanced financial concepts and applications.

Choosing the Right Course

The decision to pursue a career in finance and accounting depends on your goals and interests. If you are looking to gain a domestic and international reputation as a financial professional, consider the following two main courses:

Chartered Accountancy (CA): This is an Indian-accredited qualification that is highly respected in the financial sector. CA graduates can expect an average starting salary of INR 6 to 8 lpa, and they have the opportunity to work in top accounting firms. Accredited Chartered Accountants (ACCA): Offering global opportunities, ACCA is gaining popularity among Indian students. It allows professionals to work in countries such as the UK, UAE, Singapore, Australia, New Zealand, and the European Union. The eligibility criteria are the same as for CA, and the average starting salary after completing the course is expected to be INR 6 to 8 lpa.

For graduates or those with prior experience in accounting and finance, specialisation courses like US CPA, US CMA, CFA, and FRM are available. These courses are designed to provide advanced knowledge and skills in specific areas of finance and accounting.

Expert Guidance

If you are considering embarking on a career in finance and accounting or need guidance on course selection, reaching out to experts in the field can be beneficial. Zell Education offers training for various financial and accounting courses, including ACCA, CFA, US CPA, US CMA, and DipIFR. Their expert advisors can help you resolve any queries you may have and assist in choosing the right course based on your goals and career aspirations.