BSc in Accounting and Finance

Last Updated on August 17, 2024

The BSc in Accounting and Finance is a 3-year course covering the fundamentals of accounting and finance. To pursue a BSc in Accounting and Finance; candidates must complete a 10+2 in any relevant discipline (Science/Arts/Commerce) from a recognised board with a minimum of 55 %. Some colleges offer this course in the semester model, while others follow the year model.

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Admission is given based on merit i.e. candidates get admission based on the marks obtained by the students in their 10+2 examination. Furthermore, a BSc in Accounting and Finance can be useful for those wanting to build a banking, finance, accounting, or FinOps career. This course explains finance and accounting principles to help them pursue professional skills like CA, CS, etc. .

At the same time, A BSc in Accounting and Finance graduate can work as an investment banker, fund manager, financial planner, risk officer, business analyst, accountant, bookkeeper, stockbroker, mortgage consultant, etc., with an average salary between INR 200,000 to work up to INR 5, 00,000 per year at the beginning of your career. However, Some leading players are Axis Bank, JP Morgan and Chase, Birla Capital & Financial Services Ltd., HDFC Bank Ltd., Ae Bank Ltd., Max Life Insurance, EY, etc. This blog post will discuss BSc in Accounting and Finance in detail. 

Detailed Overview of BSc in Accounting and Finance

The BSc in Accounting and Finance is a three-year course specialising in the fundamentals of accounting and finance. Consequently, one can pursue this degree directly after completing 10+2 in any field.

Throughout the BSc in Accounting and Finance program, students will learn about various aspects such as economics, banking, finance, accounting, financial reporting, microeconomics, auditing and assurance, asset pricing, and financial markets. The curriculum is designed to provide a comprehensive understanding of these critical areas.

Key Highlights of BSc in Accounting and Finance

The key highlights that every student must know about a BSc in Accounting and Finance are as follows:

Course typeGraduation
Course Duration3 Years
Course Examination TypeSemester/Annual
Course Eligibility10+2 in relevant fields with at least 55%.
Course Admission processMerit-Based
Course FeeINR 50,000 to INR 3,00,000
Course Average SalaryINR 2,00,000 to INR 5,00,000
Top Recruiting CompaniesAccounting Firms, Insurance Companies, Investment Banks, Nationalised banks, treasury management, Taxation Firms, Credit rating agencies, etc.
Job PositionInvestment Banker, treasury management, Financial Planner, Risk Manager, Business Analyst, Accountant, Stock Broker, Retail Banker, Mortgage Advisor
top BSc in Accounting and Finance collegesIndian School of Business and Finance, New Delhi, Institute of Management and Creative Studies, MumbaiIILM Undergraduate Business School, G.D. Goenka World Institute

BSc in Accounting and Finance Top Colleges in India

Several colleges in India offer BSc in Accounting and Finance programs, as detailed in the table below. The fees for these colleges vary, ranging from INR 90,000 to INR 3,00,000. On average, the cost is approximately INR 1,00,000. Consequently, prospective students should consider these variations when choosing a college.

Institute NameLocationAverage Fee
Indian School of Business and FinanceNew DelhiINR 17,00,000
Institute of Management and Creative StudiesMumbai
G.D. Goenka World InstituteHaryana90,000
IILM Undergraduate Business SchoolNew Delhi2,85,000

BSc in Accounting and Finance Top Colleges Abroad

Many students specialise in Accounting and Finance during their 10+2 in Science. Additionally, countries like the US, UK, Australia, and Canada are famous for these courses. Moreover, universities typically require TOEFL or IELTS scores and a student visa.

College NameLocationFees
BPP SchoolLondonINR 24,000
University of BedfordshireUnited KingdomINR 8,15,000
Warwick Business SchoolUnited KingdomINR 32,02,000
Arden UniversityBerlinINR 7,95,000
University of SurreyUnited KingdomINR 4,90,000
University of NottinghamChinaINR 8,18,000
University of ChicagoChicagoINR 42,00,000
Stanford UniversityUSA18,60,000
University of SussexBrightonINR 23,25,000
Harvard UniversityCambridgeINR 59,70,000

Syllabus For BSc in Accounting and Finance

BSc in Accounting and Finance is a 3-year specialisation degree that can be pursued after completing 10+2 in any field. The following table briefly summarises the subjects and studies included in the course.

First-year
Introduction to EconomicsStatistics 1
Mathematics 1Principles of Banking & Finance
Principles of Accounting
Second Year
Financial ReportingManagement Accounting
MicroeconomicsElective
Third Year
Auditing & AssuranceAccounting Theory
Asset Pricing and Financial Markets Financial ManagementElective

Admission Process For BSc in Accounting and Finance

There is no entrance exam requirement for admission to the BSc in Accounting and Finance program. Admissions are made based on the results of the most recent qualifying exam, the 10+2. Colleges may choose to administer their entrance examinations.

A variety of selection tests, including written ability, aptitude, extempore, group discussion, and personal interview, may be used by certain universities to pick their applicants.

Eligibility For BSc in Accounting and Finance

  • Aspiring candidates should have completed 10+2 in a relevant field.
  • Additionally, candidates need to have attained at least 55% in their 10+2 or the last qualifying exam.
  • Conversely, reserved candidates (SC/ST) require a minimum of 50% in their last qualifying exam.
  • Furthermore, candidates must have completed 10+2 from a recognised board.

Admissions For BSc in Accounting and Finance

  • Admission to BSc in Accounting and Finance is primarily based on scores obtained in 10+2.
  • Additionally, some colleges may conduct their entrance exams.
  • Moreover, candidates might be required to go through a personal interview to secure admission to their chosen college.

Entrance Exams  For BSc in Accounting and Finance

The table below shows some of the entrance exams for the BSc in Accounting and Finance course. Some colleges might conduct their entrance exams, while others may consider scores from national or state-level tests.

Name of the ExamsCUETCUCETSET

Top Colleges For BSc in Accounting and Finance

Check out the top BSc in Accounting and Finance colleges in India below.

Name of the InstituteCityAverage Fees
IGNOUPan IndiaINR 2,400
Symbiosis Centre of Distance LearningPuneINR 50,000
Bharti VidyapeethPuneINR 5,200

Types of BSc in Accounting and Finance Courses

The BSc in Accounting and Finance can be completed full-time. It is a 3-year course. At the same time, the part-time or Distance Learning mode depends on the college.

Full-Time BSc Account and Finance

  • The three-year BSc in Accounting and Finance program lasts for one year.
  • In addition, the typical course cost for a Bachelor of Science in Accounting and Finance is between INR 50,000 and INR 3,00,000.
  • Additionally, placement packages from institutions range from INR 2,00,000 to INR 5,00,000.
  • Furthermore, the most recent qualifying exam results, the 10+2, determine admission to a full-time BSc in Accounting and Finance degree.
  • As such, prospective applicants ought to make the necessary preparations for these prerequisites.
  • Thus, it’s crucial to comprehend these elements before applying for the course.

Online BSc Account and Finance

Only a few colleges offer online accounting or finance courses. However, various platforms offer courses on various finance and accounting topics that instructors with similar backgrounds teach.

A wide range of accounting and finance topics, from fundamental to highly sophisticated, are available online. These platforms offer some of the best teachers and shorter course lengths at reasonable prices. The table below contains a selection of our top picks for online courses.

Course namePlatformFees
Accounting and FinanceEdxINR 11,000
Financial AccountingEdxINR 6,548
Financial Accounting and AnalysisEdxINR 3,679
Introduction to Finance and Accounting SpecializationCourseraINR 5,840 per Month
Financial Accounting FundamentalsCourseraINR 3,636 per Month
Accounting: Principles of Financial AccountingCourseraINR 5,863 per Month
Introduction to Finance, Accounting, Modelling, and ValuationUdemyINR 5,120
The Complete Introduction to Accounting and FinanceUdemyINR 5,120
Finance & Accounting for Management Consultants and AnalystsUdemyINR 6,720
Finance for Non-Finance ExecutivesUdemyINR 5,120

BSc in Accounting and Finance Distance Education

Distance education allows students to pursue a course without attending classes physically or being geographically present. This learning method is particularly beneficial for those who face constraints due to location or work commitments. The AICTE recognises only the MBA and MCA programs as official distance learning courses. 

Moreover, many students opt for distance education for its flexibility and convenience. Additionally, numerous universities have embraced this learning mode by offering online BSc in Accounting and Finance courses, making higher education more accessible to a broader audience. 

BSc in Accounting and Finance Jobs

Upon completing a BSc in Accounting and Finance, numerous opportunities become available.

Job ProfileAverage Annual Salary
Investment BankerINR 9,00,000
Risk ManagerINR 10,00,000
Financial ConsultantsINR 6,00,000
Business AnalystINR 6,10,000
ProfessorINR 5,50,000

Why Study BSc Account and Finance?

There are so many reasons to pursue a BSc accounting and finance course. Therefore, some of the reasons are as follows:

  • Studying a BSc in Accounting and Finance will significantly enhance your career prospects and understanding of the field.
  • As a result, you will gain valuable knowledge that helps you achieve long-term qualification goals.
  • Moreover, this degree attracts job offers from leading organisations such as ADB, AIIB, IFC, and the World Bank.
  • Additionally, you will learn to utilise various tools and analyse portfolios effectively.
  • Consequently, it improves both your educational background and salary potential.
  • Furthermore, scholarships and financial opportunities are available for roles like financial planner, business analyst, accountant, and stockbroker.

Wrapping Up!!

The BSc in accounting and finance takes three years to complete and gives students a strong base in finance and accounting basics. To enroll Indian students need to have finished 10+2 with at least 55% marks. Most schools look at 2+10 exam scores to decide who gets in. Some might also ask for an entrance test or a face-to-face chat. The USA, UK, Australia, and Canada are well-known worldwide for this degree. These countries ask for TOEFL or IELTS scores and a student visa. After graduating, people can work as investment bankers, financial planners, and business analysts, earning between INR 300,000 and 500,000. You can study this course online or in person, depending on your needs and preferences.

FAQs

What is a BSc in Accounting and Finance?

The BSc in Accounting and Finance is a three-year undergraduate software focusing on financial and accounting ideas. This degree covers economics, financial reporting, and asset pricing, getting ready college students for various roles in the finance zone.

Is BSc Accounting and Finance Good?

Yes, the BSc in Accounting and Finance is a good desire for the ones inquisitive about finance careers. It offers complete understanding and competencies in accounting, economic management, and analysis, main to giant process potentialities and profession advancement opportunities.

Is BSc Accounting Worth It?

A BSc in Accounting and Finance is well worth it for those pursuing finance and accounting careers. It presents important capabilities and information, commencing doorways to financial planner or funding banker roles with competitive salaries and growth capability.

Which is Better: BCom or BSc Finance?

Choosing between a BCom and a BSc in Finance relies upon on profession goals. BSc Finance offers specialised finance understanding, while BCom provides a broader commercial enterprise training. Consider your interest in finance-precise roles versus widespread business studies.

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