Let’s take a look at some of the finance courses that can provide professional leverage to the existing and new employees and help them upgrade their skills.
Let’s take a look at some of the finance courses that can provide professional leverage to the existing and new employees and help them upgrade their skills.
ICWA
The Institute of Cost and Works Accountants of India, trains professionals in the field of cost and management accountancy. These professionals facilitate strategic management decision in respect of economic activities of an organisation. ICWA is the only professional body specialising in the field of cost and management accountancy in India. Students right after 10+2 are eligible to appear for the exams.
Course: The syllabus has been revised and new syllabus constitutes of two group discussions, two seminars and 50 computer hours along with the eight intermediate papers. It is mandatory to clear all eight of them, before one can appear for the finals.
In the finals along with the eight papers; dissertation (5000 words), computer (100 hours), modular training (15 days), audit / industrial training (6 months) is included. 10+2 candidates have to complete the foundation course of the institute to join the intermediate course. Held twice in a year in the month of June and December, the examinations are conducted at various centers in the country and also at three Overseas Centres – Dubai, Sultanate of Oman and Botswana for overseas students.
Job Prospects: Successful students can find viable opportunities in various public and private organisations as managing director, finance director, financial controller, accountant, cost controller, finance manager, chief internal auditor, etc.
CFA
Chartered Financial Analysts are specialists of the finance field and always have a distinct advantage over their counterparts.
Course: Conducted by the Institute of Chartered Financial Analysts of India (ICFAI), the programme to become a CFA is a three-year post graduate programme, which is opted by both fresh students and existing professionals. This programme can be studied through correspondence. The admission is through an entrance test and the course comprises of everything related to financial analysis.
Job Prospects: Though Chartered Financial Analysts (CFAs) begin as executive trainees in the financial sector, experience leads them to higher executive levels. The various sectors that provide employment in this sectorare banking, insurance, the corporate sector, companies dealing in finance and leasing in the field of financial accounting, management accounting, financial management (both as relevant to India and for the international scene), investment management, security evaluation, project planning, venture capital management and credit rating among other things.
CPA
Conceived, designed and developed by NICPA to cater to the wide demand of financial specialists, Certified Public Accountant (CPA) is a unique professional certification programme. It acts as an added advantage for CAs, CFAs, CWAs, CSs, and MBAs.
Course: This postgraduate professional programme aims at providing deeper insights to the dynamic changing financial environment. It integrates the traditional core areas like accounting, auditing, taxation and business law with newer areas like management, information technology and E-Business, US GAAP, code of ethics, and soft skills. It facilitates the growth of accountants to top notch business managers.
Job Prospects: There is no dearth of opportunities for CPA professionals today. Having a CPA certificate gives an instant boost to the existing jobs of the professionals. In the fast changing economic scenario, courses like CPA come as a relief for those who are already in the profession and who want to reach further heights.
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