Accounting and finance courses are both one of the most crucial aspects of business management, though they both differ in their respective ways. Accounting could be defined as the process involved in recording, classifying, summarising, and interpreting the financial data of a company or an institution to understand their position in the market. While on the other hand, finances is a broader term which helps to understand how a company manages its finances, its mergers, and acquisitions, and how a company’s finances help in achieving their strategic goals. 

In this blog post, let’s get to know more about accounting and finance courses, and also how K.R. Mangalam University is one of the best choices for pursuing commerce, and management courses.

Why to Pursue an Accounting and Finance Course?

The reasons to pursue accounting and finance courses after 12th class could be that the management and commerces courses provide a lucrative career path which is very helpful for the future of the students, the course teaches an in-demand skills for the modern economy like budgeting, and forecasting, auditing, and taxation, and many more. The course also offers a high job security and stability as well.

For the students who want to start their entrepreneurship journey, pursuing a course in accounting in finance could be very beneficial as it provides an entrepreneurship edge. After pursuing this course, the students can get to understand a lot about cash flow, manage budgets, understand how to comply with tax regulations, how to make decisions regarding their startups and businesses, and much more.

What Does the Course Offer?

The School of Management & Commerce from the K.R. Mangalam University (KRMU) offers four different courses in the field of accounting and finance and they are as follows:

BBA (International Accounting and Finance) (ACCA – UK) with academic support of Grant Thornton
The course is accredited by the Association of Chartered Certified Accountants (ACCA) – UK. It is a rigorous programme and designed in a way to provide students with an overall knowledge and understanding of global financial principles and practices. The programme helps the students in teaching internal financial reporting in an organisation according to globally accepted standards. K.R. Mangalam University organises regular industry visits, conferences, and engagement in live-projects for its students, as the university understands the need for practical knowledge and real life exposure.

Accounting and finance course details​ are as follows:

BBA (Hons. / Hons. with Research) International Accounting and Finance (ACCA – UK) with academic support of Grant Thornton
In this course, the students get access to exclusive study material and resource repositories from Grant Thorton, which is a multinational professional services network providing audit, tax, and advisory services. The students also get to attend specialised classes for GMAT, IELTS, GRE and TOEFL to prepare for admission to international universities.

Accounting and finance course details​ are as follows:

B.Com. (Hons.) International Accounting and Finance (ACCA – UK) with academic support of Grant Thornton
The programme provides an in-depth understanding of international accounting and finance principles, setting a solid foundation for a successful career in the global market. The programme focuses on research, innovation and entrepreneurship. The university provides study material (hardcopy) for ACCA preparation shared with all students individually.

Accounting and finance course details​ are as follows:

Also Read: Scope of BBA International Accounting and Finance

B.Com. (Hons. / Hons. with Research) International Accounting and Finance (ACCA – UK) with academic support of Grant Thornton

The students are prepared for global finance and accounting careers, offering deep insights into international financial standards, auditing, taxation, and corporate finance. The best thing about this course is that for the students who would like to pursue a masters degree after the course, the duration of the course would only be one year.

Students with a B.Com. degree from ACCA at KRMU are exempt from 6 papers and only need to clear 7 papers to qualify for the ACCA examination.

Accounting and finance course details​ are as follows:

Choosing KRMU for Accounting and Finance Courses:

The reasons to choose K.R. Mangalam University for pursuing accounting and finance courses are as follows:

1. Highly Qualified Faculty: The teachers here at the university are highly educated and perfectly trained to help the students whenever and wherever possible in their respective courses. The university also has a lot of industry professionals on board as advisors to help the students in real time with sharing the industry relevant data as required.
   
2. Career Development Centre: The university has a team of professionals who are there to help the students with getting internships, and job placements. The career development centre is responsible for empowering students with skills, guidance, and opportunities required to excel in today’s competitive job market. 
3. International Exposure: Selective students get a chance to be on an international trip, fully sponsored by the university to summer school at a prestigious European university. This helps students to get an international exposure, by meeting new people, and understanding their art and culture, students can get inspired.
4. Holistic Development: This is the motto of the university that we focus on an overall development of the students, and not just providing them with theoretical knowledge. We believe until the students don’t practise what is learnt, then what’s the point of learning that? Well equipped labs, and libraries are available for students to read, educate, and practise. An emphasis on co-curricular and extra curricular activities is also there.
5. Rich Learning Experience: We believe in providing the best learning experience to our students, from smart boards, and projectors in classrooms to an overall good environment where students can learn and grow together as a team. That’s why we have a dynamic curriculum, especially designed in consultation with the top business leaders.

How To Take Admission in Accounts & Finance at KRMU?

If you’re wondering how to pursue a course in accounts & finance and are interested in pursuing management & commerce programmes, K.R. Mangalam University is the best choice for you. We recommend checking the eligibility criteria first. Once the eligibility criteria are ensured, you need to follow the following steps to take admission at KRMU: 

Visit admissions.krmangalam.edu.in to initiate the application

Fill in the application form and pay the required application fee 

Appear for an entrance exam, KREE (if applicable)

Attend the faculty-led interview

After a successful interview, you’ll receive the admission offer letter on your registered email ID

Get enrolled

Conclusion

The benefits of pursuing an accounting and finance course are endless, the students get to learn a lot of things from budgeting, forecasting, auditing, and taxations. The students have four different accounting and finance degree options ​after 12th which they can pursue from K.R. Mangalam University. The KRMU is a top choice for these courses because of its focus on holistic development of the students, teaching entrepreneurship skills to the students and as well as helping students to get good internships and job placements through a career development centre.

FAQS

How is accounting different from finance?

Accounting is about the “what” and “how much” of past financial activity, while finance is about the “why” and “how” of future financial decisions.

What does finance teach us?

Finance teaches the difference between price and value.

Why should students choose KRMU to pursue accounting & finance?

The reasons to choose KRMU are many, but the best ones are the university having a highly qualified faculty (and industry experts as advisors), and a focus on holistic development of the students.

How to take admission in KRMU?

To take an admission in K.R. Mangalam University, the students can fill out this form: admissions.krmangalam.edu.in.

Which is the best course to pursue for accounting & finance?

All the courses offered by KRMU are the best and it is completely individual choice for which course they want to opt in, whether it’s BBA or B.Com in accounting & finance. Choosing the right accounting and finance subjects​ is an individual choice of the students.

Also Read: Exploring the Benefits of an International Accounting and Finance Course