BBA Finance and Accounts is a 3-year undergraduate professional course which deals with the accounting principles and financial aspects of business planning. The programme is designed for the aspirants who prefer to work for strategic business performing some roles like financial analyst and enterprise venture specialist.
The course curriculum deals with the basic aspects of global financing, accounting and auditing in a better way. Candidates are eligible for pursuing this course if they hold a 10+2 degree with minimum 50% aggregate marks from a recognized board. Students can be admitted into this undergraduate program either with regular or distance mode of education.
See Also: Top Bachelors Courses in India.
Some top colleges of BBA Finance and Accounts are:
| NIRF Rank 2020 | College | Average Fees |
|---|---|---|
| 40 | Universal Business School, Karjat | INR 2.5 Lakhs |
| 41 | Amity University, Noida | INR 3.4 Lakhs |
| 44 | Xavier University, Bhubaneswar | INR 1.5 Lakhs |
| 49 | Lovely Professional University, Jalandhar | INR 1.1 Lakhs |
Many Institutes are offering this course. The average fees per annum to pursue this course are around INR 15,000 to 2.5 Lakhs.
Major subjects taught in the course are Business Laws, Corporate Strategy, Cost Accounting, Business Environment, Financial Management, Logistics Management and Macro Economic. A student pursuing this course is likely to bag a job as an Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst, and Corporate Business Analyst etc.
See Also: DU JAT Cutoff
The job prospects in the course are on the rise, both in the private sector and the government sector. However, the starting salary is nominal. The average initial package after completing this course is around INR 2.8 Lakhs to 4.5 Lakhs. Read More: How to Become a Chief Financial Officer
What is the Admission Process for BBA Finance and Account?
The admission process for BBA Finance and Accounts varies from college to college. Some of the colleges accept admission on the merit basis and some of the colleges conduct their entrance exam to test the candidates for admission.
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For Merit-Based Admissions universities grant admission to students based on their performance in 10+2 exams.
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The candidate must score a minimum of 50% in their exams.
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The candidate must have graduated from a recognized board.
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Candidates are supposed to register at respective colleges or universities either online or offline.
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The merit list is formed for admissions.
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Counselling procedure is followed thereafter.
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For the Admissions based on Entrance Exam, universities grant admission to students based on their performance in the entrance exam.
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Candidates must visit the college website to fill the registration form.
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Candidates must upload documents that are required in the registration form.
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Candidates must download the Admit Card and appear for the entrance exam.
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The merit list is uploaded by the respective university based on the individual score of the entrance exam.
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Interview and group discussion is followed in the counselling procedure after passing the entrance exam.
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Candidates are selected collectively based on overall performance in 10+2 exam, entrance exam and interview and group discussion.
What is the Eligibility for taking admission in BBA in Finance and Accounts?
A candidate who is willing to take admission in BBA Finance and Accounts should pass the following eligibility criteria:
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Candidates should have passed 10+2 exams with minimum aggregate marks of 50% and more from a recognized board.
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The age of the candidate must be between 17 to 22 years for general category and maximum age for reserved categories is 24 years.
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The candidates who have passed 10+2 exams from Commerce background are preferred.
BBA Finance and Accounts Entrance Exams
Most of the colleges admit students based on the merit score of their 10+2 level. However, some of the colleges prefer taking admissions based on the entrance exams.
Some entrance exams conducted by the universities for admissions in BBA Finance and Account are:
| Exam Name | Last Registration Date | Exam Date | Day of Result |
|---|---|---|---|
| DU JAT | July 4, 2020 | September 7, 2020 | October 14, 2020 |
| IPU CET | June 30, 2020 | September 9 to September 14, 2020 | October 8, 2020 |
| AIMA UGAT | June 29, 2020 | July 2 to July 5, 2020 | July 19, 2020 |
| NPAT | May 2020 | June 28, 2020 | August 12, 2020 |
| SET | June 30, 2020 | July 26, 2020 | July 29, 2020 |
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DU JAT: DU JAT is a test for screening the aptitude for admission to undergraduate courses conducted by Delhi University. It comprises 400 MCQ questions. The paper can be divided into four sections namely- Quantitative Ability, Reasoning and Analytical Ability, General English and Business and General Awareness, which are to be answered in 2 hours.
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IPU CET: IPU CET is a test for screening the aptitude for admission to undergraduate courses conducted by GGSIP University. It is a 2.5 hours long exam with 100 MCQ questions.
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AIMA UGAT: UGAT is a test for screening the aptitude for admission to undergraduate courses. It is 3 hours long, MCQ based and consists of 130 questions.
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NPAT: NPAT is a test for screening the aptitude for admission to undergraduate courses conducted by NMIMS University. It is a 2 hours long exam with 120 questions.
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SET: SET is a test for screening the aptitude for admission to undergraduate courses conducted by Symbiosis International University. It gives aspirants 105 minutes (75 minutes for MCQ followed by 30 minutes for WAT).
How to Prepare for BBA Finance and Accounts Entrance Exams?
Following points one should keep in mind while preparing for entrance test:-
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Go through your entrance exam syllabus thoroughly.
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Follow a time table to complete the full syllabus on time.
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Have some background or knowledge in the respective subject.
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Have a strong command of the English language.
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Make sure to revise topics that are essential for the point of the examination as it can help to have a perfect usage of the time and score good marks.
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Practice previous year question papers to keep a check on exam patterns.
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For the general aptitude test, practice more questions related to logical reasoning and aptitude.
How to Get Admission in a Good College Offering BBA Finance and Accounts?
To secure admission to a good quality MBA in Safety Management College, several factors come into action. Some of the following guidelines will be helpful in that watch.
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Always get a note of the top colleges in the area that you wish to study.
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Select particular colleges according to criteria like fees, ease of access, location, etc. of your choice.
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Check the college websites and understand the eligibility and admission process.
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Make sure to pursue the instructions given by the colleges very causational.
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Always stay updated on the colleges that you want to apply to and In case of doubt make sure to get connected by a call or mail to the management.
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As practice makes perfect therefore do make sure to solve previous years question papers as many you can solve.
BBA Finance and Accounts: What is About?
BBA Finance and Accounts is quite popular nowadays. This course allows a student to enter the diverse field of finance and management.
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BBA Finance and Accounts is a 3-years undergraduate course that deals with accounting and financial management.
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This course is important for developing the skills that encompasses the knowledge of investment, insurance and expenses, in a firm.
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It brushes up the financial bookkeeping and analysing skills along with management skills about accounting.
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This course is generally preferred by students from commerce backgrounds.
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BBA syllabus aims to impart knowledge through practical experience in the form of - case studies, projects, presentations, industrial visits and interaction with experts from the industry.
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After successful completion of this course, one can work as Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst, Corporate Business Analyst etc.
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Students who are interested to pursue higher studies can opt for a Masters or PhD in the same field.
See Also: BBA Course Overview
BBA Finance and Account Course Highlights
| Course Level | Under Graduate Course |
| Full-Form | Bachelor of Business Administration in Finance and Accounts |
| Duration | 3 years |
| Exam Type | Semester exams |
| Eligibility | Candidates should have passed 10+2 exams with at least 50% marks. |
| Admission Process | Merit-Based/Entrance exams |
| Course Fee | INR 1.5 to 2.5 Lakhs |
| Average Salary | INR 2.8 to 4.5 Lakhs per annum |
| Top Recruiting Area/Organization | Banks, Business Consultancies, Foreign Trade, Industrial Houses, Inventory Control, Educational Institutes, Investment Banking, Public Accounting Firms, Marketing, Merchant Banking, Policy Planning, Public Accounting Firms, Working Capital Management |
| Job Positions | Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst, Corporate Business Analyst |
Why choose BBA Finance and Accounts?
BBA Finance and Accounts offers various perks for the students including a good package, interesting job profile, secured job etc. Below are some points which make it worth choosing:-
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Diversified Career Options: BBA Finance and Accounts opens various career options in different fields and organizations. The student with this course can work in the private sector like accounting firms, private banks etc. Government jobs like policy planning, public accounting, and treasury and forex department can be bagged by the BBA Finance and Account students.
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Deals with accounting and financial aspect: The course curriculum is novel and deals with financial and accounting aspects.
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Interesting Subjects: The study of accounting and commerce subjects with the essence of financial advancements makes the course interesting.
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Higher Studies: After pursuing this course, students can also opt for higher studies to increase their knowledge and hence their chances of landing up in better jobs.
BBA Finance and Accounts vs BBA Accounts: Course Comparison
BBA Finance and Accounts and BBA Accounts are confused with each other a lot of times; however, the course structure is very different for both the courses. Major differences between these two courses are:
| Parameters | BBA Finance and Accounts | BBA Accounts |
|---|---|---|
| Qualification | Bachelors of Business Administration in Finance and Accounts | Bachelors of Business Administration in Accounts |
| Course Overview | BBA Finance and Accounts is a professional course which deals with the accounting principles and financial aspects of business planning. | BBA Accounts aims to offer a theoretical understanding of how accounting principles work within a business context, using practical experience dispensed through internships. |
| Eligibility | 10+2 exam from a recognized board | 10+2 exam from a recognized board |
| Admission Process | Entrance exam/ Merit Based | Entrance exam / Merit-based |
| Average Annual Fee | INR 1.5 to 3.5 Lakhs | INR 90,000 to 3 Lakhs |
| Average Annual Salary | INR 3 to 6 Lakhs | INR 3 to 8 Lakhs |
| Colleges | Chandigarh University, Delhi University, Amity School of Business | NMIMS, ICFAI Foundation for Higher Education, KIIT School of Management, Jamia Millia Islamia University |
| Recruitment sectors | Banks, Business Consultancies, Foreign Trade, Industrial Houses, Inventory Control, Educational Institutes, Investment Banking, Public Accounting Firms, Marketing, Merchant Banking, Policy Planning, Public Accounting Firms, Working Capital Management | Genpact, Tata Consultancy Services Limited, WNS Global Services, Wipro Technologies Ltd., Tata Motors, BSNL, etc. |
| Top Job Profiles | Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst, Corporate Business Analyst | Chief Accounting Officer, Accounting Firm Partner, Finance Director, Audit Manager, Accounts & Finance Consultant, Treasurer, Accounts Assistant with a Chartered Accountant, Tax Assistant, Accounts Executive, Internal Auditor, Finance Executive, Accounts Officer, etc. |
What are the Top Colleges for BBA in Finance and Account?
| NIRF Ranking 2020 | Name of the Institute | Average Course Fee | Average Placement Offer |
|---|---|---|---|
| 39 | Alliance University, Bangalore | INR 2 Lakhs | INR 10 Lakhs |
| 40 | Universal Business School, Karjat | INR 2.5 Lakhs | INR 10 Lakhs |
| 41 | Amity University, Noida | INR 3.4 Lakhs | INR 4.5 Lakhs |
| 44 | Xavier University, Bhubaneswar | INR 1.5 Lakhs | INR 15 Lakhs |
| 49 | Lovely Professional University, Jalandhar | INR 1 Lakh | INR 4.5 Lakhs |
| 51 | Chandigarh University, Chandigarh | INR 1 Lakh | INR 5 Lakhs |
| 55 | Vellore Institute of Technology, Vellore | INR 57,000 | INR 6 Lakhs |
| 58 | K L University Business School, Guntur | INR 1.5 Lakhs | INR 4 Lakhs |
| 63 | IMED, Pune | INR 1 Lakh | INR 7.5 Lakhs |
| 64 | University School of Business, Chandigarh | INR 1 Lakh | INR 8.5 Lakhs |
BBA Finance and Accounts: College Comparison
| Parameters | Delhi University | Amity University |
|---|---|---|
| Overview | Delhi University is a Central Public University. It was established in 1922 by an Act of the Central Legislative Assembly. It offers UG, PG, Diploma, and Doctoral courses in various fields. | Amity University Lucknow is a private university established in the year 2004. It has 17 institutions which offer 87 programs. The University offers UG, PG, Diploma, and Doctoral courses in various fields |
| Location | Delhi | Lucknow |
| Course Level | Graduation | Graduation |
| Course Duration | 3-Years | 3-Years |
| Admission Process | Entrance Based | Entrance Based followed by a Personal Interview |
| Average Annual Fees | INR 50,000 | INR 2.5 Lakhs |
| Placement Percentage | 60-70% | 70-80% |
| Average Salary | INR 5 Lakhs | INR 6 Lakhs |
Distance Education Opportunity for BBA Finance and Accounts
Distance Education is gaining a lot of popularity lately. The distance course is done by the students who are doing some other course or job and wish to pursue the BBA Finance and Accounts course. Nevertheless, regular course students are given more importance in jobs.
There are various universities and institutes in India offering BBA Finance and Accounts Distance Learning programmes. The syllabus and curriculum for both distance learning and the regular course is the same.
The only difference between both of them is that students with regular courses attend lectures and practical classes, however, in distance learning, students have to study at home and only appear for semester exams.
The eligibility criteria for admission to a correspondence program or distance learning course is the same as the regular course.
Top distance education universities for BBA Finance and Accounts are mentioned below -
| College Name | Location | Average Fees |
|---|---|---|
| IGNOU | Delhi, Ahmedabad | INR 26,000 – 33,000 |
| Delhi University | Delhi | INR 5,000 – 10,000 |
What is the Syllabus for BBA Finance and Accounts?
| Semester I | Semester II |
|---|---|
| Principles & Practice of Management | Organisational Behaviour |
| Business Communication | Business Environment |
| Financial Accounting | Business Mathematics |
| Business Law | Environmental Management |
| Business Economics | Management Accounting |
| Computer Application | Profit Planning & Control |
| Semester III | Semester IV |
| Production Methods | Operations Research |
| Manpower Management | Industrial Law |
| Marketing Concepts | Office Management |
| Business Finance - I | Sales & Distribution Management |
| Business Statistics | Research Methodology |
| Computer Application | Business Finance - II |
| Semester V | Semester VI |
| Management Information System | Corporate Planning & Strategic Management |
| Indian Economy | International Marketing |
| Banking Law & Practice | Marketing of Services |
| Advertising & Public Relations | Financial Institutions and Markets |
| Accounting Specialization | Accounting Specialization |
| Summer Training Report | Comprehensive viva-voce |
BBA Finance and Account Elective Subjects
During this course, students get to select a few elective subjects of their choice which they can use for their future studies. Below is the list for same:
| Elective Subjects | |
|---|---|
| Introduction to Management Accounting | Ratio Analysis |
| Budgetary Control | Working Capital Management |
| Standard Costing | Fund Flow Statement |
| Variance Analysis | Cash Flow Statement |
| Marginal Costing | Capital Budgeting |
| Cost – Volume – Profit Analysis | Management of Profits or Dividend Policy |
| Analysis and Interpretation of Financial Statements | Overview of the latest developments in Accounting |
| Common size financial statement, Trend Analysis | - |
What are the Books for BBA Finance and Accounts?
| Name of the Book | Author |
|---|---|
| Financial Accounting for BBA | SN Maheshwari |
| Financial Accounting for BBA | Ruchi Goel |
| Advanced accounting | SN Maheshwari |
| Advanced Accountancy | SP Jain |
What are the Job Prospects Option After BBA Finance and Accounts?
BBA Finance and Accounts is a course which opens doors for the students in various sectors. There are ample job opportunities and several fields where a student can work after completing this course. From the education sector to the banking sector, there is a huge demand everywhere for this course. There are decent jobs after BBA Finance and Accounts in finance sectors and accounting platforms.
Employment Areas after BBA Finance and Accounts:
| Retailers | Mortgage and Credit Companies |
| Corporate Houses | Tourism Sector |
| Banks | Investment Banking |
| Colleges & Universities | Credit Unions |
| Share & Capital Markets | Finance Companies |
| MNCs | Consultation Agencies |
| Health Care Sector | Marketing Sector |
| Commercial Banking | Mutual Funds |
| Life Insurance Companies | - |
Below is a detailed description of the Job opportunities after BBA Finance and Accounts and the salary trend:-
| Job Position | Job Description | Average Annual Salary |
|---|---|---|
| Marketing Manager | Marketing Managers are responsible for developing strategic marketing plans that are implemented and executed for an entire organization, business, and brands. They work towards attracting potential customers and retaining existing ones. | INR 6 to 12 Lakhs |
| Budget Manager | Budget Managers work with Program and Project Managers in creating an organization's budget. They review managers’ and other executives’ budget proposals for adherence to company law, accuracy, and compliance with rules and other regulations. Besides preparing budget reports, they monitor institutional spending. | INR 3 to 6 Lakhs |
| Finance Manager | Finance Managers review financial reports, monitor accounts, and prepare activity reports and financial forecasts of the company. They also investigate ways to improve profitability and cut down costs. Their duties also include analyzing market trends for business opportunities such as expansion, mergers, or acquisitions. | INR 9 to 12 Lakhs |
| Accountant | Accountants prepare asset, liability, and capital account entries. They compile and analyze income and revenue expenditures. Additionally, they document financial transactions and recommend financial actions. | INR 6 to 10 Lakhs |
What are the Future Scopes After BBA Finance and Accounts?
BBA Finance and Accounts is a holistic and interdisciplinary course. The person with BBA Finance and Accounts can choose from a lot of options for prospects and career options. Some of them are:
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Students with BBA Finance and Accounts can land up in jobs. Graduates can work in Banks, Business Consultancies, Foreign Trade, Industrial Houses, Inventory Control, Educational Institutes, Investment Banking, Public Accounting Firms, Marketing, Merchant Banking, Policy Planning, Public Accounting Firms, Working Capital Management, etc.
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Students with BBA Finance and Accounts can work as an Accountant, Bookkeeper, Finance Manager, Marketing Manager, Assistant Manager, A student pursuing this course is likely to bag a job as an Audit Manager, Finance/Budgeting Accountant, Cost Accountant, Financial Analyst, and Corporate Business Analyst etc.
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Students can also go for various government jobs in banking, taxation, forex sector etc. for this, they would have to appear for Government Competitive Exams
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Students who want to pursue further studies can opt for Masters and PhD in the same field. Higher Studies in the same course will brush up the knowledge of a student and will develop more research thinking.
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A Masters or post-graduation in Management Studies, Human Resource Development Management, Financial Planning and Wealth Management etc. are also good options.
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MBA in Finance and Accounts is also available after completing BBA Finance and Accounts.
BBA Finance and Accounts FAQs
Ques. What is BBA Finance and Accounts?
Ans. BBA Finance and Accounts is an undergraduate course that deals with the business operations, accounting and financial management of any company. The course curriculum covers all aspects of managing the accounts and finances.
Ques. What can be done with BBA Finance and Accounts?
Ans. A person after completion of BBA Finance and Accounts can work in both the private and public sectors. There are various jobs like bookkeeping, forex manager, banking jobs, accountant etc. One can also pursue higher studies.
Ques. Is BBA Finance and Accounts hard?
Ans. BBA Finance and Accounts is a course which includes all the basic aspects of financial, marketing and accounting aspects. It is not very hard, however one needs to keep them updated for better learning as it is evolving each day.
Ques. Is BBA Finance and Accounts common?
Ans. BBA Finance and Accounts is a common course; however, it is gaining more popularity with time. Many institutes offer this course, but still, there are more job opportunities than the students opting for it.
Ques. What are the growth prospects for a person in the finance sector?
Ans. The person in the finance sector deals with all the bookkeeping, debit and credit of monetary assets and companies accounting. Hence, one can work in an MNC in which they can grow at a fast pace if they work with the best of skills.
Ques. Which colleges in Delhi offer BBA BBA Finance and Accounts?
Ans. Colleges like Satyavati college, SRCC, Ip College, Lady Shri College offer BBA Finance and Accounts from a regular mode. However, ignou offers the distance course.
Ques. What are the documents required for admissions in BBA Finance and Accounts?
Ans. Following documents are required for admissions in BBA Finance and Accounts:-
Migration Certificate
Passing certificate/ Degree certificate
Age proof
No objection Certificate
Ques. Is it compulsory to have a commerce background for pursuing BBA Finance and Accounts?
Ans. No, anyone with 10+2 degree irrespective of the subjects and specialisation can apply for this course. However, students with a commerce background have an edge over others.
Ques. Is maths compulsory for BBA Finance and Accounts?
Ans. Having maths in class 12 may or may not be compulsory for some colleges. However, having maths is recommended as it helps with understanding the basic concepts.
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