Best Courses to Enhance Your Accounting Career - AJ Next (2024)

AJ Next Education is the best CA coaching in India that always believe in empowering the students with lots of information concerning career, job, new trends, and more. Here, we’ve come up with some buzzing courses in the accounting segment.

1. Chartered Accountant (CA)

It is a professional degree based on the accountancy field and is also termed the epitome of the accountancy field. This top course always attracts students to enroll at CA institute in Mumbai to pass its various levels.

Course details –It comprises three levels namely Foundation, Intermediate and Finals. A student needs to clear the levels and then they can opt for the higher-level one by one respectively. There is also practical training associated with it and are awarded degrees after completion of the course.

Eligibility – Any student who has completed their class 12 levels can join the CA field. The student needs at least 55% of a bachelor’s and if that is the case then they can directly enroll in the Intermediate levels and be granted exemption from the Foundation level. Beyond Foundation, clearing the levels by self-study is a hard nut to crack. So students require to avail of the services of a reputed CA inter classes in Mumbai.

Scope –This is considered the Best accounting professional course in the world that allows getting high-profile jobs in the roles of account manager, auditor, senior corporate levels and more.

2. Bachelor of Commerce (B. Com) in Accounting and Finance

It’s among the top 5 best accounting certifications that students take when it comes to the accounting and commerce fields.

Course details –For those who want to make major progress in the accounting field, B. Com in Accounting and Finance is the best go-to option for them to pursue. It’s the first step into the world of accounting and finance. It’s a three-year program and is offered by all major universities and colleges in India.

Eligibility –Students must have completed the class 12 exams and then they need to have a certain percentage so that they are eligible for the entrance test. Once they appear for the entrance test and qualifies it, then they can apply to the desired colleges and universities that they want.

They also have to go for admission via qualifying the personal interview session.

Scope –A student who has acquired a B. Com degree in the Accounts and Finance field can go along to become an accountant, manager, organizational leader, and more.

3. Masters of Commerce (M. Com) in Accountancy and Finance

It’s an advancement of the previous course and is a major and one of the programs after graduation. The people who take this course tend to learn the professional and advanced aspects of accounts and finance.

Course details –This course is just like any post-graduate course of the duration of two years and the students must have their graduation done so that they can pursue this course.

Eligibility –Graduation in a similar stream is compulsory and should have the required eligible marks to opt for this course. They can then go ahead with the entrance test and then continue their admission procedure for the same.

Scope –M.Com in Accounts and Finance is one of the most trendy and Professional courses in finance and accounting and is much loved by students who want to take ahead of their love for accounts. This course allows people to take on the roles of senior accountant, higher management and more.

4. Association of Chartered Certified Accountants (ACCA)

It is denoted as the Association of Chartered Certified Accountants (ACCA).

Course details –The course is based on the practical and theoretical approach and comprises three different levels that are Knowledge, Skill and Professional level. Students can take up this course and kick-start their journey into the top ranks of accounts experts and professional degree holders with it.

There is a total of 13 papers that a student needs to complete. And also, there are 3 years of practical training associated with it for enhancement and knowledge purposes.

Eligibility –Completion of class 12 exams and then, can pursue the course of ACCA. Any student who wants to opt for this must have at least 55% in class 12 and then they are eligible for admission in the ACCA course.

Scope –Students attaining this degree get a global degree that opens the doors for them to achieve more in the other fields of accountancy, taxation, audit and much more.

5.Diploma in Accounting

Another course among the list of accounting certifications, this Diploma is a short-term course.

Course details –It’s a course of diploma that is offered by many colleges and universities in India. It is a short-term course and is taken by many students who want to prefer going into the course and taking the certificate. This course duration is 2 years.

Eligibility – The students need to be of class 12 qualified so as to take part in this diploma. They can go into this field even after class 10 but that diploma degree can be shorter and not so elaborately expanded and knowledgeable.

This diploma course can be taken by students and then can kick start themselves into the accountancy field and the skillset of it.

Scope –There is a great scope of this diploma making students go high and high in their careers. Added with experience, personality, communication, and knowledge, one can earn big.

Final Word

Hopefully, we’ve thrown some light on the best options to pursue in the accounting sector. You may also go for short-term certification courses in accounting that are offered by Universities and many professional bodies.

For personalized help in choosing the right career path in accounting, feel free to connect with AJ Next Education- the top-notch CA final coaching in Mumbai.

Best Courses to Enhance Your Accounting Career - AJ Next (2024)

FAQs

Best Courses to Enhance Your Accounting Career - AJ Next? ›

Financial Consultant:

These are some of the highest-paying accounting jobs. However, there are several other high-paying positions in the field of accounting, such as Controller, Tax Manager, Forensic Accountant, and Financial Analyst.

What type of accounting pays most? ›

Financial Consultant:

These are some of the highest-paying accounting jobs. However, there are several other high-paying positions in the field of accounting, such as Controller, Tax Manager, Forensic Accountant, and Financial Analyst.

What is the hardest accounting certification? ›

#1: Certified Public Accountant (CPA) Exam

It is universally understood to be THE most difficult exam in business (heck probably the hardest exam ever made). But please don't let that scare you. The rewards from passing the CPA exam will pay dividends for you for the rest of your career.

Is an accounting degree worth it without CPA? ›

“For those more advanced roles, a degree in accounting or finance is often preferred.” But a proven track record can outweigh even the CPA credential. “I've seen senior accountants without CPAs who have 10 years of experience move into accounting manager and controller level roles,” says Campman.

How do accountants make a lot of money? ›

The top-paying industries for accountants include finance and insurance, management of companies and enterprises, tax preparation, and the government.

Is the CPA exam hard? ›

Very. The overall CPA Exam pass rates hover slightly below 50%. This makes passing the CPA Exam a difficult, but achievable, goal. You'll need to study wisely, set a strategy for managing your time, and call on your support network, but with the right plan and good study materials, you will conquer it.

Can you make 500k a year as an accountant? ›

Only a small fraction of CPAs make $500k a year, but it is possible. And it is faster to achieve in your own firm than by working for a large public accounting firm or getting a corporate job in the industry. To make big money in a solo practice or a small firm, your strategy will differ greatly from the big firms.

Is ACCA better than CPA? ›

Both ACCA and CPA are prestigious accounting certifications that offer excellent career prospects. While ACCA provides a broader global perspective and is recognized in numerous countries, CPA focuses on U.S. accounting principles and regulations, making it ideal for those interested in working within the U.S. market.

Which course is best after CPA? ›

Once you earn a CPA certification or similar credential, pursuing a Master of Business Administration (MBA) can help improve your understanding of business operations and increase your employability when applying for accountant positions.

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