POSTGRADUATE DIPLOMA IN ACCOUNTANCY

The PG Accountancy or Accounting Certification is a full-time or part-time post-graduate technical education program that focuses on accounting subjects such as accounting and financial accounting. The duration of this course is 1 year.   The postgraduate diploma is structured in such a manner that it adds to the research ability of candidates, equipping them with a holistic degree based on research. 

The course deals with procedures involved in the administration of company-related profits and expenditures. 'Bookkeeping' and 'financial management' are the words synonymous with accounting. The method of documenting and summarizing financial transactions is referred to as bookkeeping, and the process is called financial accounting where the data is generated in records for the benefit of individuals or organizations outside the company. The program includes exploring the calibration, description, and correspondence processes of financial information produced by the bookkeeping mechanism in order to identify and clarify account information to related parties, such as shareholders and executives. This kind of accounting knowledge also allows for the planning of possible financial trends, the review of multiple market fields, and the estimation of business prospects. The growing competency in accounting helps a rapidly growing business.

The PG Diploma in Accountancy covers accounting operations, trends, mergers in public holding firms, sales of international currencies, and adjustments in foreign and local currency financial statements. Besides that, the course discusses in depth the complexities of financial accounting. Company mix, combined financial accounts, equity methods of reporting savings, insolvency, and alliances are a couple of the topics taught in this class.

 

Eligibility Criteria for PG Diploma in Accountancy

 

• Students with an undergraduate degree, ideally in accountancy/commerce or some other trade-based course, from any recognized college or university.
• A 45-50 percent minimum aggregate ranking.
• A bachelor's degree with at least 50 percent marks in total in Commerce or Accountancy or similar fields.
• Candidates in the final graduating year and anticipated outcomes are welcome to apply as well.

 

Admission Process for PG Diploma in Accountancy

 

• The combined percentage gained at the stage of graduation and merit base is regarded by many universities.
• Any colleges administer their own admission tests, which are either PG Entrance Exams or PG Entrance Diploma Exams.
• Selection is often made on the basis of CAT/CMAT/MAT/XAT ratings, followed by Group Conversation and Personal Interview rounds.

 

Entrance Exams for PG Diploma in Accountancy

 

• Common Admission Test (CAT)
• MAT
• XAT
• CMAT

 

Course Highlights for PG Diploma in Accountancy

 

Name of the course	Post Graduate Diploma in Accountancy
Course Level	Postgraduate
Duration	1 year, around 1 year (flexible in case of distance learning mode)
Stream	Commerce
Examination Type	Semester System
Eligibility	Graduate degree in aggregate of minimum 50% marks
Admission Process	Conducted by a few colleges/universities on the basis of merit and/or admission exams
Average Course Fee	INR 10K to 4 Lacs
Average Starting Salary	INR 50K to 2.5 Lacs
Top Recruiting Companies	ITC Limited, Indusland Bank, Aircel, IBM Global Services, Nestle, Sony Ericsson, Cera Sanitaryware, Idea Cellular, State Bank of Hyderabad, Citibank, MakeMyTrip, MetLife Insurance, Tata Teleservices, Reliance, HDFC, ICICI, Airtel (Bharti Telecom), Axis Bank, Yes Bank, GlobalLogic, Vodafone.

 

Top Institutes for PG Diploma in Accountancy

 

College/Institute	City/State	Tuition Fees (Per Year) In INR
Indian Institute of Finance and Accounts	Punjab	45,000
University of Jammu	Jammu	4.85 Lacs
TKWs Institute of Banking and Finance	Delhi	2.3 Lacs
EduKart.com	Agra, Uttar Pradesh	1.2 Lacs
IIS University	Jaipur, Rajasthan	11,000

 

Syllabus and Course Structure for PG Diploma in Accountancy

 

Strategic Management

Economies of Global Trade and Finance

Advanced Financial Accounting

Advanced Cost Accountancy

Advanced Financial Management

Advanced Auditing Paper

Direct and Indirect Tax Paper

Financial Accounting

Business Regulatory Framework

Economics

Principles of Marketing

Direct & Indirect Taxation

Indian Financial System and Financial Market Operations

Research Methodology/ Project Work

 

Career Prospects and Job Opportunities for PG Diploma in Accountancy

 

The curriculum offers specialized experience in technological and intellectual developments in business, statistics, and economics to allow students to seek fast-growing careers in sectors such as finance, banking, insurance, and consultancy. In sectors such as banking, microfinance, and other NBFIs, active graduates of the course with accountancy as one of the key subjects are in huge demand.

Management Trainee, Retail Banker, Investment Manager, Financial Adviser, etc. are some of the popular positions given to active graduates of the course. Some of the popular companies that employ such graduates are, among others, Axis Bank, ICICI Bank, Standard Chartered Bank, HDFC Bank, Mahindra Finance, Ujjivawan Finance, and Spandan Spoorthy.

 

Jobs Fields After PG Accountancy Diploma

• Departament of Customs
• Jobs in Economic Advice
• Finance, Trade, and Banking
• Companies Import/Export
• Civil Services in India
• Statistical Services for India
• The industry of insurance/ savings
• Marketing and Accounts Corporate Markets' Divisions

 

Job Title		Job Profile		Average Annual Salary in INR
Chartered Accountant		Chartered Accountants give tax advice, inspect reports, and provide financial documents with accurate statistics. This may include financial management, taxes, auditing, forensic accounting, corporate finance, insolvency and company restructuring, or structures and procedures of accounting.		334,511 – 716,500
Investment Analyst		Chartered Accountants give tax advice, inspect reports, and provide financial documents with accurate statistics. This may include financial management, taxes, auditing, forensic accounting, corporate finance, insolvency and company restructuring, or structures and procedures of accounting.		221,555 – 427,293
Financial Analyst		For firms and companies, financial analysts are responsible for financial forecasting, preview, and prediction. To create cost models and assess capital budgeting for programs, they estimate potential sales and expenses.		190,382 – 322,763