In this article we will discuss about the Core Professional courses available in India for commerce students. These course are evergreen areas to enter into the corporate world. They’re always in demand. Qualified are internationally respected professionals. These courses are prestigious qualification that will provide you with the expertise knowledge and skills in respective fields and enhances your values as corporate professionals. Both government and private companies are providing jobs with a good package and they can also set up their own independent practice.
These courses are explained below:
CA-Chartered Accountant
CS-Company Secretary
CMA-Cost & Management Accountants
CA- Chartered Accountants: www.icai.org
ICAI- The Institute of Chartered Accountants of India will provide the Chartered Accountant degree.
Chartered Accountants will perform Financial audit and different types of accountancy roles i.e. Accounts management, Financial accounting, Project analysis, Income Tax accountant, GST consultants, Management accountants, Auditing, Budget formation and analysis, Corporate finance, Business recovery and Insolvency, professional and prepare financial statements, including monthly and annual accounts.
CS- Company Secretary: www.icsi.edu
ICSI- The Institute of Company Secretaries of India will provide the Company Secretary degree.
They will do Secretarial audit. CS will ensure that Company has complied all the laws and regulations, which are applicable on them. The CS is responsible for the compliance with statutory and regulatory requirements, so that efficient and proper administration of company will be done. Keeps board members informed about relevant legislation and regulation. They provide administrative support and guidance to company directors. Convening and Servicing directors and shareholders meetings of the company. Corporate governance, Communication with stakeholders, Disclosure and reporting to the relevant regulatory as per requirements. Take minutes, draft resolutions, and lodge required forms and annual returns with MCA and ROC. Dealing with RBI and SEBI. Maintaining the statutory Register and records of the company. CS as a Key Managerial Personnel.
CMA- Cost Management Accountants: icmai.in
ICMAI- The Institute of Cost Accountants of India will provide the Cost Management Accountant degree.
They will do basically Cost audit. CMA are responsible for cost management records, budgeting, productivity analysis, performance evaluation and asset management of a company, collecting, adjusting and scrutinizing cost information from all areas of a company, apply cost accounting principles, cost control and budgeting, improving business process efficiency, Data Collection and analysis, target costing, Maintaining Cost Accounting System, Analyzing changes in product design, manufacturing techniques or services offered, raw materials quality specification, for determining effects on cost of production, Managing assets to determine compensation and benefits packages.
Salary
Salary is almost same for all the professionals. Starting salaries for qualified professionals vary depending on the location, sector, size and type of firm. Average salary for freshers is Rs. 6.50 lacks.
Good luck for you bright future!