Why you should Consider Enrolling in Accounting or Finance Courses?

Posted by Gitesh Sharma
1
Dec 27, 2016
3914 Views
If you want to have a thriving career in accounting, finance management, account management and other related fields, it is mandatory to enrol in an institute that offers full-time courses in these fields. Finance and accounting are very specialized fields, which are usually pursued by candidates with a commerce background. In other words, if you have studied a combination of commerce, accounting, finance and business Mathematics in your intermediate and graduate studies, you can consider studying financial accounting in your post-graduation. However, the question arises as to what are the different types of financial accounting courses that you can pursue and the career prospects of the particular field of study. Some of the essential features of the different types of financial accounting courses have been discussed below.

All about Finance and Accounting Studies

According to the management of a renowned institute offering finance and accounting courses, the demand for specific finance certifications has increased over the years, Also, it is seen that finance management has become one of the most sought after field of studies.Some of the certification courses that you can consider pursuing are as follows:

  • Chartered Financial Analyst (CFA): candidates who wish to pursue CFA need to have a graduation degree in commerce. As the name of the course suggests, this certification is designed to impart knowledge to candidates in assets management, financial analysis, market evaluation, money management, security management and other similar fields of study. The entire course is divided into three levels. Level I lays the foundation and provides the basic knowledge of the global financial markets. Level II provides in-depth knowledge of the study areas covered in Level I with stress on asset management and financial analysis. Level III teaches candidates application of the various subject areas that they have studied in Level I and Level II. The CFA certification is considered to be the ‘Gold Standard’ of the investment and asset management industry. Thus, successfully completing this course will help candidates carve a successful career in the particular industry.

  • Certified Management Accountant (CMA): Candidates who perceive themselves as accountants or asset managers and want to work for renowned financial institutes and banks acquire this certification. The management accounting course consists of two parts. The first part teaches candidates financial planning, budgeting, forecasting, risk management and similar fields of study. The second part comprises of learning financial statement analysis, investment decisions and corporate finance.  The study materials are designed keeping in mind the requirement for accounting and financial analysis of multi-million dollar firms.

These are only two of the many certification courses in financial and accounting courses that you can pursue. You can choose to study Certificate in Finance, Accounting and Business (CFAB) or International Certificate in Wealth & Investment Management (ICWIM). The best way to find out about suitable financial and accounting courses would be to check online or attend a workshop being held by an institute offering such courses. Once, you have acquired enough knowledge about the different certifications, you can enrol in the one that meets your requirements. 
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