Know what is MBA Accounting and how to do it here

Accounting MBA is a professional graduate degree program. Accounting MBA programs are not solely focused on accounting, but you will gain in-depth knowledge about other subjects like finance, taxation etc. apart from accounting. If you are thinking about studying MBA Accounting, then let us know through this blog, what is MBA Accounting, what are the benefits of choosing it, what are the career scopes etc.

Course MBA Accounting
full form Master of Business Administration in MBA Accounting
Level post graduate
Duration 2 years
Qualification 10+2, Bachelor’s Degree
Exam Type Semester
admission process Based on both Merit and Entrance Test
MBA Accounting Jobs Accountants, Auditors, Risk Managers etc.
MBA Accounting Salary 3 to 10 lakh LPA

What is MBA Accounting?

MBA Accounting is a 2 year duration master’s degree course. Major subjects taught in this course Accountingtaxation, marketing and Human Resource Management etc. Due to its high-end business and accounting based courses, it is the first choice of commerce students.

Why do MBA Accounting?

Important reasons to choose MBA Accounting are given below-

  • The course syllabus includes classroom learning, workshops, seminars organized by eminent business leaders, internship competitions on presumed expressions and mentoring opportunities.
  • The course focuses on Intermediate Accounting, Financial Analysis, Personal and Corporate Taxation, Leadership and Organizational Behavior.
  • After this course, you can easily do any job in both management and accounting fields.

MBA Accounting Skills

MBA Accounting is a management course, for this reason you should have the following qualifications which are as follows –

Accounting and Numerical Skills It is very important to have good accounting and numerical skills.
communication skills Along with good communication skills, one should also have the ability to persuade people.
supervising skills Should be able to manage and observe junior employees or interns.
decision making skills Ability to make quick decisions and come up with solutions in a stressful situation.
leadership skills Ability to mentor and lead others working in their field.

MBA Accounting Topics and Syllabus

Given below is the MBA Accounting Syllabus:

Semester I Semester II
Organizational Behavior and Practice of Management marketing management
managerial economics human resource management
information technology Material and Logistics Management
Research Methodology Accounting & Finance
Semester III Semester IV
Business Policy and Strategic Management Business Ethics and Corporate Governance
Introduction to Strategic Management Global Strategic Management
Environment for Strategic Management Strategic Finance
Strategic HRM Implementation of Strategy
Strategic Marketing Management project work

Top Universities in the World for MBA Accounting

Below we have listed some of the leading universities offering MBA Accounting courses:

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Top Universities in India for MBA Accounting

Given below are the list of top universities in India for MBA Accounting:

  • Symbiosis Institute of Media and Communication, Pune
  • AAFT University of Media and Arts
  • Christ College, Bangalore
  • Delhi University of Arts and Commerce, Pune
  • Amity University, Mumbai
  • Kamala Nehru University, New Delhi
  • Madras Institute College
  • Savitri Bai Phule University, Pune
  • Kishanchand Chellaram College
  • Indian Institute of Journalism and New Media, Bangalore

Qualification for MBA Accounting

The eligibility criteria for MBA Accounting are as follows:

  • Candidate must have passed 10+2 with good marks from a recognized institute or board.
  • Candidate should have from a recognized institute, university or college BBA OR Bachelor’s degree in relevant field.
  • Students who want to study this course in India they have to take entrance exam like OUCET, GATE etc. to be present.
  • Somewhere in some universities abroad GMAT Scores are requested.
  • In case of foreign universities, as a proof of proficiency in English IELTS either TOEFL either PTE Test scores are required.
  • In addition to these requirements abroad LOR, SOP, cv/resume, portfolio etc. is also required.
  • In addition, some institutions may also require students to have 1-2 years of work experience in this field of study.

Application Process

The application process for MBA Accounting in India and foreign universities is explained below:

Abroad Application Process

The application process for admission in foreign universities is as follows-

  • The first step in your application process is choosing the right course and university.
  • After selecting the course and university, research the eligibility criteria of that university for that course.
  • Collect the required test scores and documents.
  • Fill the application form by visiting the university site or you can Leverage Edu You can also take help of experts.
  • Wait for the offer and prepare for the interview once selected.
  • After clearing the interview round, pay the required tuition fee and scholarship, student visa, education loan And apply for hostel.

Required Documents

Some of the required documents are listed below-

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Application process in Indian universities

The application process in the universities of India is as follows-

  1. First of all register by visiting the official website of your chosen university.
  2. After registering on the university website, you will receive a username and password.
  3. Then after signing in to the website, select your chosen course which you want to do.
  4. Now fill the application form with educational qualification, category etc.
  5. After that submit the application form and pay the required application fee.
  6. If the admission is based on the entrance test then first register for the entrance test and then wait for the counseling after the result. You will be selected on the basis of entrance exam marks and list will be issued.

Entrance Exam for MBA Accounting

Some of the common and popular entrance exams are mentioned below-

  • GMAT – Graduate Management Aptitude Test MBA is one of the most popular entrance exams for admission.
  • CAT – Once a year by Indian Institute of Management for admission to PGPM / MBA courses Common Entrance Test (CAT) is held.
  • MAT – Management Aptitude Test (MAT) Held four times a year, it is the most popular MBA entrance exam after CAT.
  • NMAT – NMIMS Management Aptitude TestNMIMS is conducted by the Graduate Management Admission Council (GMAC) for admission to management courses offered by the university and some other colleges.
  • CMAT – Common Management Admission Test Conducted once a year by the National Testing Agency (NTA), this exam can be accessed by many MBA/PGDM colleges in India.
  • XAT – Xavier Aptitude Test It is managed by XLRI, Jamshedpur. More than 700 business schools accept XAT scores, along with members of the Xavier Association of Management Institutes (XAMI).
  • UPSEE – Uttar Pradesh State Entrance Testis conducted by Dr APJ Abdul Kalam Technological University (AKTU) for admission to MBA colleges in the state of Uttar Pradesh.

Some Top Books on MBA Accounting

Here are the important books for MBA Accounting-

Book Author Link
The Personal MBA: Master the Art of Business Josh Kaufman Buy here
The Ten-Day MBA 4th Edition Steven A. Silbigger Buy here
Everything I learned at $200,000 MBA About Marketing Ritesh Choubey Buy here
The Fast Forward MBA Eric Verzuho Buy here
The Portable MBA in Finance and Accounting Grossman and Livingstone

Career after MBA Accounting

After completing MBA Accounting, there are many higher study options, some of which are mentioned below-

If you are aspiring to enter the academic profession, you have PhD in Management Or a Fellow Program in Management (FPM) etc. options are available.

You can also go for some management-related certification courses which are internationally accepted and hence, can help in securing a job abroad. Some of these courses include:

  • Chartered Financial Analyst (CFA)
  • Association of Chartered Certified Accountants (ACCA)
  • Chartered Accountant (CA)
  • Certified Information Systems Auditor (CISA)
  • Certification in Risk Management Assurance (CRMA)
  • Certification in Production and Inventory Management (CPIM)
  • Project Management Professional (PMP)
  • Financial Risk Manager (FRM) exam
  • Certified Management Accountant (CMA)
  • Certified Bank Manager (CBM)
  • NSE’s Certification in Financial Markets
  • Systems Applications and Products
  • ISB Certification Program in Business Analytics (CBA)

top recruiters

Some of the major companies employing graduates are-

Genpact WNS Global Services
Tata Consultancy Services Limited Wipro Technologies Ltd
Tata Motors Bharat Sanchar Nigam Limited (BSNL)
National Small Industries Corporation Limited (NSIC) Heavy Engineering Corporation Limited (HEC Ltd)

Job Profile and Salary

A wide range of careers awaits those who have done MBA in Accounting. There are many career options available not only in the field of accounting but also in the finance, management and human resources department. The average salary based on different roles as per payscale.com is mentioned in the table below-

job profile Salary (in INR)
chief accountant 3 lakh to 8 lakh
auditor 9 lakh to 10 lakh
strategic planning director 3 lakh to 6 lakh
risk manager 6 lakh to 10 lakh

FAQs

What is MBA Accounting?

Degree course. The major subjects taught in this program include Accounting, Taxation, Marketing and Human Resource Management etc. Due to its high-end business and accounting based courses, it is the first choice of commerce students.

What are the career opportunities after MBA Accounting?

A wide range of careers awaits those who have done MBA in Accounting. There are many career options available not only in the field of accounting but also in the finance, management and human resources department. Accountant, auditor, risk manager etc are some of the major job profiles.

What is the duration of MBA Accounting course?

MBA Accounting course is a 2 year course and it is semester based.

Is MBA Accounting a good option?

MBA Accounting is a very good option for an accountant. The course focuses on Intermediate Accounting, Financial Analysis, Personal and Corporate Taxation, Leadership and Organizational Behavior. After this course, you can easily do any job in both management and accounting fields.

Hope you have got all the information related to MBA Accounting Course. Do you want to do MBA Accounting related course abroad? Our Leverage Edu Contact the experts who will guide you in applying to top universities globally. Call 1800 572 000 to book your free 30 minute session today.

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