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. 

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:

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. 

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:

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: 

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. 

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.

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:

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.