Become Job Ready with CollegeDekho Assured Program. Learn More

CollegeDekho logo
CollegeDekho logo
Search Icon
Search for best colleges, Courses, Exams and Education updates

    MBA in Accounting

    MBA in Accounting Overview

    MBA in Accounting is a full-time two-year postgraduate course that focuses on developing an in-depth understanding of disciplines including accounting, marketing, taxation, finance, human resource management, etc. Graduates of MBA in Accounting concentration typically have positions as chief compliance officers, accounting educators, chief financial officers, controllers, environmental accountants, etc.

    To be eligible for this course, students must pass entrance exams like MAT, CAT, UPSEE, XAT, MAH CET, etc. In India, some colleges deliver this course in online mode, while most colleges follow an offline mode of education. Some of the top colleges offering these courses are SJMSOM IIT Bombay, Parul University, Prestige University, Bharati Vidyapeeth Deemed University, etc. On average, the course fee for top colleges ranges from around INR 1.4 to 7 LPA. Graduates in this field earn decent initial salaries of INR 3.5 to 15 lakhs annually.

    MBA in Accounting Highlights

    Check all the important details about  MBA in Accounting from the table given below.




    2 Years

    Exam Type


    Minimum Qualification Requirement

    Bachelor Degree 

    Average Initial Salary

    INR 4 to 10 lacs per annum

    Selection Process

    Entrance Exam

    Minimum Aggregate Score Requirement


    Major Recruiters

    Wipro Technologies Ltd., Tata Motors, Bharat Sanchar Nigam Limited (BSNL), Genpact, Tata Consultancy Services Limited, WNS Global Services, Heavy Engineering Corporation Limited (HEC Ltd) and National Small Industries Corporation Limited (NSIC).

    Why Choose MBA in Accounting?

    There could be numerous reasons behind choosing an MBA in Accounting. Here are a few of them:

    Increased Salary: Strategic planning and leadership are only two of the numerous employable talents that an MBA teaches. According to Payscale, as of April 2022, MBA graduates in finance and accounting make an extra USD 20,000 a year more than accountants with bachelor's degrees do on average.

    Job Diversity and Security: A marketing, business, and finance focus are prevalent in MBA in Accounting courses. Graduates of this advanced education generally have a variety of professional work opportunities available to them.

    Certification Preparation: The MBA in accounting prepares students for a career as a certified public accountant (CPA). The graduate can also earn other certifications, such as a certificate in internal auditing or a certificate in management accounting.

    Types of MBA in Accounting

    MBA in Accounting is one of the top MBA programmes after bachelors. MBA in Accounting is offered to students in different modes that will suit their convenience. The three popular types of MBA in Accounting are:

    Full-Time MBA in Accounting Courses

    Students who are opting for a full-time MBA in Accounting must attend regular classes, submit assignments, take part in class activities and appear for offline exams from the campus. They have to diligently follow the course curriculum. Students taking part in full-time mode immensely benefit from face-to-face classroom interaction with teachers and peers and get vast networking opportunities.

    Part-Time MBA in Accounting Courses

    Students who cannot commit to full-time MBA programmes can opt for a part-time MBA in Accounting. This enables them to fulfil their professional life besides getting the full benefits of the MBA programme. However, the course duration may take a little longer than usual.

    Distance/Online MBA in Accounting Courses

    The main benefit of distance or online MBA in Accounting is that it can be pursued from anywhere irrespective of your location. The course takes two to three years to complete and is specially designed for those who are unable to attend full-time or part-time MBA. 

    Entrance Exams for MBA in Accounting

    Candidates interested to take admission for MBA in Accounting must take the various institute-level, state-level and national-level entrance examinations. The entrance exams will be conducted mostly in online mode. Some of them can take place even in offline mode. Students are required to take any one or more entrance tests depending on their choice of the institute. 

    They can make a list of their preferred MBA colleges for Accounting and then apply for the tests accordingly. 

    Here are some of the popular entrance exams for an MBA in Accounting:

    Entrance Exams 

    Full Forms


    Common Admission Test


    Management Aptitude Test


    Xavier’s Aptitude Test

    NMAT by GMAC

    NMIMS Management Aptitude Test


    Symbiosis National Aptitude Test


    Common Management Admission Test


    IBS Aptitude Test

    MBA in Accounting Eligibility Criteria

    In India, the eligibility criteria for MBA in Accounting courses may vary from one college or university to another. The detailed eligibility criteria are discussed below:

    • Applicants must hold a bachelor's degree with a minimum score of 50% or equivalent from a recognized institution. It could preferably be in business, accounting, or business administration with a focus on accounting.
    • Applicants must sit for university-level exams like MAT, CAT, UPSEE, XAT, MAH CET, etc.
    • Depending on the type of college/university, an average of two to three years of professional work experience may be taken into consideration.

    MBA in Accounting Admission Process

    Admission to the two year MBA In Accounting course will be done on the basis of the scores in the qualifying degree. Colleges will prepare a selection list on the basis of candidates'individual scores in bachelor degree. Selected candidates will be called for a personal interview and group discussion. Candidates will have to perform well in both the rounds to get admission to any college offering an MBA in Accounting. Once the candidate has been selected, he/she can visit the college to confirm his/her admission.

    MBA in Accounting Entrance Exam

    Most of the colleges will include the scores of the Common Admission Test (CAT) while providing admission to this course. There are many other entrance exams that are conducted for admission to the programme. Candidates can check the admission process of the college to know the details about the entrance exam accepted by the college. Some of the entrance exams for admission to an MBA in Accounting are listed below. 


    Type of Colleges Accepting the Exam

    UPSEE (Uttar Pradesh State Entrance Exam)

    Institutes affiliated with Uttar Pradesh Technical University

    TANCET (Tamil Nadu Common Entrance Test)

    MBA colleges in Tamil Nadu

    MAH CET (Maharashtra Common Entrance Test)

    MBA colleges in Maharashtra

    XAT (Xavier Aptitude Test)

    SPIJMR, LIBA, TAPMI, Great Lakes Institute of Management, and many other colleges.

    MAT (Management Aptitude Test)

    MBA colleges in India

    CAT (Common Admission Test)

    IIMs and other top management colleges in India

    How to Get Admission for MBA in Accounting?

    Students willing to get admission to MBA in Accounting can take direct admission or appear for an entrance examination. Those taking direct admission will be evaluated on the basis of their academic profile and personal interview. On the other hand, in the entrance exam based method, the several stages involved in admission for MBA in Accounting are:

    • Students must check their eligibility criteria. Besides checking the MBA Accounting course fees, course syllabus and curriculum and placement opportunities are also important.
    • If they are satisfied with the course structure, they can go on to appear for an entrance test like CAT, MAT, XAT, SNAP, GMAT etc. They must ensure that the colleges they are interested to apply to accept these test scores.
    • Colleges will create a list of candidates based on test scores and previous academic qualifications. After that, they will be called for further selection rounds.
    • The selected candidates will have to complete the formalities related to admission. 

    Popular MBA in Accounting Colleges in India

    Multiple colleges and business schools in India offer MBA in Accounting courses. Candidates can choose any government or private college for MBA in Accounting admissions. Most of the colleges provide a great return on investment (ROI) and placement opportunities. Students must enrol in colleges that will provide them with good classroom teaching and practical training. 

    The table below lists some of the popular MBA in Accounting colleges in India:

    MBA Accounting Colleges


    Indian Institute of Management (IIM)


    Indian Institute of Management (IIM)


    Indian Institute of Management (IIM)


    Xavier School of Management


    Indian Institute of Management (IIM)


    Indian Institute of Management (IIM)


    Faculty of Management Studies

    New Delhi

    K J Somaiya Institute of Management


    T. A. Pai Management Institute


    NSB School of Management Studies


    MBA in Accounting Study Abroad

    Pursuing MBA in Accounting abroad thoroughly prepares students to address accounting challenges in organisations. It provides the needed coursework for graduates to understand the finances of an organisation and gain a broader perspective of financial reporting, analysis, making strategic investment decisions and identifying risks. The MBA in Accounting program combines business acumen and management practices while concentrating on advanced accounting. 

    Here are some of the top MBA in Accounting study abroad colleges and their location: 

    Name of MBA Accounting College Abroad


    University of North Texas

    United States

    University of Hartford

    United States

    Washington State University

    United States

    Pace University

    United States

    Brock University


    University of Windsor


    University of Alberta


    University of South Australia


    Victoria University


    University of Technology Sydney


    Central Queensland University


    Dublin Business School


    Griffith College


    University of Derby

    United Kingdom

    Bangor University

    United Kingdom 

    Unitec Institute of Technology

    New Zealand

    Amity Global Institute 


    MBA in Accounting Fees

    MBA in Accounting has always been a much sought after MBA specialisation. A career in it can reward the organisations as these professionals help to make smart decisions. Therefore it is necessary that the courses are provided by top-notch faculties who use several methodologies to give expert training to prospective students. The following table gives an indication of the average fees for the MBA in Accounting colleges in India. 

    MBA Accounting Colleges

    Average Fees (in INR)

    Indian Institute of Management (IIM) Kolkata


    Indian Institute of Management (IIM) Kozhikode


    Indian Institute of Management (IIM) Bengaluru


    Xavier School of Management


    Indian Institute of Management (IIM) Lucknow


    Indian Institute of Management (IIM) Ahmedabad


    Faculty of Management Studies


    K J Somaiya Institute of Management


    T. A. Pai Management Institute


    NSB School of Management Studies


    MBA in Accounting Syllabus

    Candidates can check the table provided below to know all the topics which will be taught to them in two years. The syllabus of  MBA in Accounting includes the following topics:

    Basics of Marketing

    Management Information Systems

    Financial Management

    Entrepreneurship Development & Project Management

    Human Resource Management

    International Business Management

    Information Technology

    Research Methodology

    Legal Aspects of Business

    Materials & Logistics Management

    Management Accounting

    Financial Management

    Management Information Systems

    Business & Environmental Management

    Managerial Communication

    Economic Environment of

    Managerial Economics

    Human Resource Management

    Manufacturing & Operations Management

    Current Trends in Management

    Marketing Management

    Business & Environmental Management

    Materials & Logistics Management

    Economic Environment of

    Organizational Behavior & Principles & Practices of Management

    Marketing Management

    Research Methodology

    Manufacturing & Operations Management

    Statistical & Quantitative Methods

    Course Curriculum for MBA in Accounting

    Offered over two years in four semesters, MBA in Accounting offers specialist knowledge and skills along with a deep understanding of accounting trends. Students have to execute case studies and business plans, assess and complete research projects and adapt knowledge to evaluate creatively the business decisions through internship programmes. They gain an understanding of accounting, economics and finance.

    Students get to select elective courses in the second year. At the end of the second semester, the students will take six weeks of Summer Training in a Professional Organization. After completion of the training, the student will present a report on the basis of their understanding.

    FAQs about MBA Accounting

    What is the scope for higher education after MBA in Accounting?

    There is a broad scope for higher education after MBA in Accounting if a student wishes to pursue research-related education and boost their career prospects. Some of them are Chartered Accountancy (CA), Chartered Financial Analyst course (CFA), Cost Management Accounting (CMA), and PhD Accountancy.

    What is MBA in Accounting course structure?

    Core subjects make up the course structure for the MBA in Accounting. The course lasts for two years and includes subjects, assignments and papers. Specific masters-related topics are also covered in the course curriculum. The structure of the course includes:

    • Assessment
    • Core Subjects
    • Elective Subjects
    • IV Semesters, etc.

    What are the major areas of recruitment for an MBA in Accounting?

    There are a variety of major areas of recruitment for an MBA in Accounting. The following are a few of them:

    • Banks
    • Business Complexes
    • Commercial Hubs
    • Consulting Firms
    • Economics
    • Educational Institutes
    • Financing Sector
    • Indian Civil Services
    • Indian Economic Services
    • Insurance Companies
    • Public-Sector Undertakings (PSUs), etc.

    What are the best reference books for MBA in Accounting?

    There are many best reference books for an MBA in Accounting available for students to broaden their understanding of this sector. The following are some of them:

    • The Ten-Day MBA 4th Edition by author Steven A. Silbiger
    • The Personal MBA: Master the Art of Business by author Josh Kaufman
    • Everything I learned a $200,000 MBA In Marketing by author Ritesh Chaube, etc.

    Are projects compulsory in MBA in Accounting courses?

    Yes, projects are compulsory in MBA in Accounting courses for all students at the end of their final year. Some popular project topics for this course include:

    • Use Of Accounting Ratios in Business Decisions.
    • Taxation As a Significant Tool for Economic Development.
    • Impact Of International Financial Reporting Standards on Earnings Management, etc.
    Show More

    Related Questions

    Fee sturcture of MBA
    -Roushni -Updated on Jan-30-20235 Answers

    ankita, Student / Alumni

    Lovely Professional University is best university for MBA. They gave great placement and business opportunities, give great placements to the students in the university. And help the students in their business ideas I am a student of LPU and LPU is helping me grow as a person and career wise also, they are making me a better person as a whole. So, the fees for MBA program is 190000 per semester but there is scholarship on the basis of entrance test that is Lpunest , national level exams like CAT, MAT, XAT., financial aid like need basis, defence basis and many more. If you still think that fees is little to high then there is a facility of student loan facility and you can do part time job side by side to recover the amount and to helping your parents.

    Priya, Student / Alumni

    Getting admission in MBA at Mittal School Of Business, LPU is not an easy achievement for any candidate because of their quality admission intake. If, I am not wrong, LPU has maintain such standards of quality admission intake and has very stringent eligibility criteria also. But if you get admission in MSB, LPU after satisfying their eligibility criteria, you will fly high, sky will be the limit because from day 1 LPU acts like their Tag Line “Think Big” and Slogan “Transforming Education, Transforming India”. Now lets see how good LPU is for an MBA from various parameters which are as follows: Curriculum : The curriculum of MBA at LPU is very Industry oriented. There is a term CDR (Curriculum Development Research) held after each and every 6 months in which many senior industry people suggest that what are need of present day industry. Faculty knows all the strengths and weaknesses of students are noted and course correction is devised after the considerable suggestions of Industry tycoons. Thus LPU cares what to teach according to the demand of industry, so that all the students can be able to cop up the outer word after qualifying from LPU. Industrial Trainings : The students get many trainings like SAP, MOOCs, Advance Excel and many more. These endeavors of LPU makes their students ahead of others. PEP: The Center for professional enhancement Program, starts working on the student from day one. A set of mentors nourish their personality, public speaking, soft skills etc. Exposure : Many Experts visit LPU for the guest lectures. Project called CAPSTONE is their in LPU to enhance their organizing and teamwork ability. Student Organizations: In LPU Student Organizations does’nt mean Elections or Zindabad or Murdabad. In LPU students learns to serve the society by making and working in a Student Organizations. For example: their is one Students Organization who have opted near by villages of the University they are teaching the senior citizens and other appropriate persons who needs an education in the evening or on Sunday’s. Diversified Culture: The diversity of students from all states of India and more than 70 countries make the students to have a different experience and learning. Which helps them to become a good citizen also. Entrepreneurship: Entrepreneurship does mot means opens a shop and making money from money. In LPU, students come up with the unique idea of business and infact LPU provides them seed money also for their start-up. Since the inception of Entrepreneureship ventures, LPU has witnessed more than 300 start-ups.

    Ramandeep Kaur, Student / Alumni

    Hi, The registrations for session 2023 at LPU has already started and you can register for the same at The eligibility for MBA is Pass with 55% aggregate marks in Bachelor’s degree (any discipline) or equivalent, subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT^ and Interview Mittal School of Business is among the first 10 institutions in India to get ACBSP (USA) accreditation, Mittal school of Business ranked among the top 34 Management institution in India, as per NIRF ranking 2022. It is ranked 2nd best in the Business and economics subjects in India as per the Times Higher education world university ranking 2022. Following aspects could be consider for MBA Admission in LPU Versatility of course: School provide option to student to opt MBA as per his or her liking from regular MBA, MBA hons and Specialized MBA with Tie-up. For example: MBA (Business Analytics) in tie up with KPMG, MBA (Financial Markets) in tie up with NSE Academy, MBA (Supply Chain & Logistics) in tie up with Safeducate and many more Industrial certifications: MBA classes are conducted in the blended mode which provides opportunities to students to learn through industrial experts. Along with specialization of 4 - 6 courses with Professional Industry certifications. Illustrative Specialization Areas: Financial Consulting & FinTech with KPMG, AI, ML & Analytics with 3AI, Digital Marketing with Digital Marketing Institute, Ireland Boost to entrepreneurship: LPU provide special seed money option to promote young entrepreneur. A student can get 2 lakh to 5 lakh per project for start-ups or entrepreneurship ventures. International exposure: Student can opt for a unique model of Indian and International education, you start your degree at LPU in India and finish the degree abroad at a Top Foreign Partner University. Or they are given option to go for international workshops or seminar for 4 weeks study tour to USA/ European countries or any other country as decided by the University subject to conditions. Industry orientation: Participation In projects, Research work, Industrial visit, on the job training and internships are the integral part of the curriculum to make the student ready for the real life corporate environment. The students have done an internship in Companies like IDBI, FUTURE GENERAL INSURANCE Company, COHO, Times of India, Hindustan Times, Karvy stockbroking, Decathlon Sports Ltd; etc.

    Related News

    MBA in Accounting Career Options and Job Prospects

    After completing an MBA in Accounting, candidates can search for opportunities in areas such as corporate accounting, government and non-profit organizations, taxation,  government and non-profit organizations and finance. There are many job opportunities available after MBA in Accounting. Besides this, those who are interested in applying for a job can pursue further studies in accounting. 

    Candidates can expect an average salary of 4 to 5 lakh per annum after completing the program. Some of the major profiles where they can apply are listed below.

    • Equity Analyst
    • Forensic Accountants
    • Audit Manager
    • Accounting Firm Partner
    • Chief Accounting Officer
    • Accounts Receivable Clerk
    • Accountant
    • Accounting Associate
    • Accounting Manager
    • Finance Manager
    • Financial Analyst

    Some employment areas where candidates may apply are 

    • Public Accounting
    • Tax
    • Audit
    • Budget Analysis
    • Management Accounting
    • Financial
    • Real Estate Finance

    MBA in Accounting Salary

    One of the biggest advantages of an MBA in Accounting graduates is that they can be very flexible with their careers. They can choose traditional paths of accounting jobs like accountants or tread on lesser-trodden paths. There are several job opportunities in the private and government sectors. Given below is a list of the job roles and the average salary earned:

    Job Role


    Average Annual Salary (in INR)

    Management Analyst

    They work as consultants to a variety of businesses. Corporations need people in these job roles to assess their businesses to become more efficient. 

    9.9 lakhs

    Financial Manager

    They strive towards developing financial goals for a company. They oversee and direct financial well-being and the development of businesses. 

    12 lakhs

    Chief Financial Officer

    They assess the finances of a company to check if they are taking the right financial decisions. They lead to the growth and financial realisation of a company. 

    35 lakhs

    Internal Audit Director

    They are responsible to prepare and implement a risk-based audit plan to assess, report and make suggestions to improve the operational and financial activities of a company. 

    9.1- 25 lakhs

    Cost Accountant

    They make budgets for companies and help understand and control the cost of doing business for the company. They also guide with financial planning and investing. 

    12 lakhs

    Skills for MBA in Accounting

    MBA in Accounting involves systematic recording, summarizing, analysis and reporting of data to enable businesses to maintain and keep financial information in order. Pursuing a professional journey in accounting involves problem-solving, advising, management and planning skills for clients seeking financial help. The person also requires mathematical and organizational skills and knowledge. They must be well-versed in technology, collaboration and management theory and practices. 

    The core skills required for MBA in Accounting are: 

    • Ability to read financial statements like balance sheets, income statements, annual reports, cash flow statements and etc.
    • Ability to analyse and generate financial statements.
    • Ability to make financial forecasts by predicting future revenue, cash flow and expenses.
    • Developing data-driven finances.