Skill Diploma in Accounting and Finance

Description

Course Name: Skill Diploma in Accounting and Finance

Course Id: SDAF/Q0001.

Eligibility: 10+2 Grade (higher secondary) or Equivalent.

Objective: A Skill Diploma in Accounting and Finance is a skill based program that provides students with foundational and advanced knowledge in the field of finance, including topics such as financial management, investment analysis, corporate finance, and financial markets. The course is designed to equip students with the skills required to understand, manage, and analyze financial activities and strategies in businesses, financial institutions, and investment sectors.

Duration: 370 Hrs (Equivalent to One Year).

Total Credits: 18.

How You will Get Diploma Certificate:

Step 1- Select your Course for Certification.

Step 2- Click on Enroll Now.

Step 3- Proceed to Enroll Now.

Step 4- Fill Your Billing Details and Proceed to Pay.

Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.

Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 6- After Payment You will get Study Material Login id and Password on your email id.

Step 7- After Completion of  Course Study give Online Examination.

Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).

Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.

Online Examination Detail:

• Duration- 120 minutes.
• No. of Questions- 60. (Multiple Choice Questions).
• 10 Questions from each module, each carry 10 marks.
• Maximum Marks- 600, Passing Marks- 40%.
• There is no negative marking in this module.

How Students will be Graded:
S.No.	Marks	Grade
1	91-100	O (Outstanding)
2	81-90	A+ (Excellent)
3	71-80	A (Very Good)
4	61-70	B (Good)
5	51-60	C (Average)
6	41-50	P (Pass)
7	0-40	F (Fail)

Benefits of Certification:

• Government Authorized Assessment Agency Certification.
• Certificate Valid for Lifetime.
• Lifetime Verification of Certificate.
• Free Job Assistance as per your Interest Area.

Syllabus

Introduction to Finance: Definition and Importance of Finance, Types of Finance (Personal, Corporate, Public), Role of Financial Markets, Financial Institutions and Their Functions, Understanding Risk and Return, Basics of Time Value of Money, Financial Planning and Budgeting, Introduction to Financial Statements, Ethical Issues in Finance, Regulatory Bodies in Finance.

Financial Accounting and Reporting: Principles of Financial Accounting, Understanding Balance Sheets, Income Statements and Cash Flow Statements, Double Entry System and Journal Entries, Depreciation and Amortization, Financial Statement Analysis, Ratio Analysis for Decision Making, Accounting Standards and IFRS, Bank Reconciliation Statements, Recording Business Transactions, Auditing Basics.

Corporate Finance: Capital Structure and Its Components, Cost of Capital and Capital Budgeting, Dividend Policies and Profit Distribution, Working Capital Management, Mergers and Acquisitions, Financial Leverage and Its Impact, Investment Decisions and Valuation, Sources of Business Financing, Debt vs. Equity Financing, Risk Management in Corporate Finance.

Investment and Portfolio Management: Basics of Investment, Asset Classes and Financial Instruments, Risk and Return Analysis, Portfolio Diversification Strategies, Capital Asset Pricing Model (CAPM), Mutual Funds and Exchange-Traded Funds (ETFs), Behavioral Finance and Market Psychology, Stock Market and Securities Trading, Technical vs. Fundamental Analysis, Retirement and Pension Planning.

Banking and Financial Services: Functions of Commercial and Central Banks, Types of Bank Accounts and Deposits, Loans, Credit and Lending Practices, Non-Banking Financial Institutions (NBFIs), Digital and Online Banking Trends, Introduction to FinTech and Financial Innovation, Credit Rating and Credit Analysis, Basel Norms and Banking Regulations, Foreign Exchange and Trade Finance, Role of Banking in Economic Development.

Financial Markets and Instruments: Overview of Money and Capital Markets, Primary vs. Secondary Markets, Bond and Equity Markets, Derivatives: Futures and Options, Forex Market and Exchange Rates, Role of Stock Exchanges, Commodity Markets and Trading, Financial Market Regulations, Interest Rates and Their Impact on Markets, Initial Public Offerings (IPOs).

job Opportunities after completion of Skill Diploma in Accounting and Finance course:

After successfully completing a Skill Diploma in Accounting and Finance program, graduates can explore a wide variety of career opportunities in the financial sector, ranging from accounting and financial analysis to investment banking and financial consulting. Finance professionals are highly sought after in industries such as banking, insurance, corporate finance, investment, and real estate. Here are some of the career options available for graduates with a Diploma in Finance, along with their salary ranges in India:

1. Financial Analyst

• Role: Financial analysts evaluate financial data, create reports, and provide recommendations to businesses or individuals to help them make informed investment decisions. They often work in investment firms, banks, and corporate finance departments.
• Salary Range: ₹3,50,000 – ₹7,00,000 per annum (entry to mid-level); ₹8,00,000 – ₹15,00,000 per annum (senior-level)

2. Investment Banker

• Role: Investment bankers help clients raise capital by issuing stocks or bonds, assist with mergers and acquisitions, and provide financial advisory services. This role requires deep financial knowledge and strong analytical skills.
• Salary Range: ₹6,00,000 – ₹12,00,000 per annum (entry-level); ₹15,00,000 – ₹40,00,000 per annum (senior-level, with bonuses)

3. Financial Planner / Wealth Manager

• Role: Financial planners or wealth managers help individuals or businesses manage their wealth, plan for retirement, and invest in various financial instruments. They tailor financial strategies to meet the client’s goals and objectives.
• Salary Range: ₹4,00,000 – ₹8,00,000 per annum (entry-level); ₹10,00,000 – ₹25,00,000 per annum (experienced professionals, depending on clientele)

4. Credit Analyst

• Role: Credit analysts evaluate the creditworthiness of individuals or businesses, helping banks and financial institutions make decisions regarding loans and credit facilities. They assess financial statements and market conditions.
• Salary Range: ₹3,00,000 – ₹6,00,000 per annum (entry-level); ₹7,00,000 – ₹12,00,000 per annum (mid-level)

5. Risk Manager

• Role: Risk managers assess and manage financial risks for businesses, banks, or investment firms. They analyze potential risks in investments, operations, and markets and help organizations develop strategies to mitigate them.
• Salary Range: ₹6,00,000 – ₹15,00,000 per annum (entry to mid-level); ₹18,00,000 – ₹40,00,000 per annum (senior-level, with significant experience)

6. Accounts Manager

• Role: Accounts managers oversee the preparation and management of financial statements, ensuring compliance with regulations and accounting principles. They also manage accounts payable and receivable.
• Salary Range: ₹3,00,000 – ₹7,00,000 per annum (entry to mid-level); ₹8,00,000 – ₹15,00,000 per annum (senior-level)

7. Tax Consultant / Tax Manager

• Role: Tax consultants advise businesses and individuals on tax planning and compliance. They help clients minimize tax liabilities through careful planning and understanding of tax laws. Senior tax managers may handle more complex and strategic planning.
• Salary Range: ₹4,00,000 – ₹8,00,000 per annum (entry-level); ₹10,00,000 – ₹20,00,000 per annum (mid to senior-level)

8. Treasury Manager

• Role: Treasury managers oversee an organization’s financial assets and liabilities, ensuring that the company has enough liquidity to meet its obligations. They also manage investments, cash flow, and risk.
• Salary Range: ₹7,00,000 – ₹15,00,000 per annum (entry to mid-level); ₹18,00,000 – ₹30,00,000 per annum (senior-level)

9. Investment Analyst

• Role: Investment analysts research and analyze investment opportunities, including stocks, bonds, and mutual funds. They provide recommendations on investment portfolios for clients or firms.
• Salary Range: ₹4,00,000 – ₹8,00,000 per annum (entry-level); ₹10,00,000 – ₹20,00,000 per annum (experienced professionals)

10. Corporate Finance Manager

• Role: Corporate finance managers handle financial planning, budgeting, and strategy for companies. They assess financial performance and recommend improvements, ensuring optimal allocation of capital and resources.
• Salary Range: ₹6,00,000 – ₹15,00,000 per annum (mid-level); ₹20,00,000 – ₹40,00,000 per annum (senior-level)

11. Auditor (Internal/External)

• Role: Auditors examine financial statements to ensure accuracy and compliance with laws and regulations. Internal auditors work within companies, while external auditors work for independent firms that audit businesses.
• Salary Range: ₹3,00,000 – ₹6,00,000 per annum (entry-level); ₹8,00,000 – ₹12,00,000 per annum (mid to senior-level)

12. Financial Controller

• Role: Financial controllers oversee all financial aspects of an organization, including accounting, reporting, budgeting, and auditing. They ensure compliance with financial regulations and manage the finance team.
• Salary Range: ₹7,00,000 – ₹15,00,000 per annum (mid to senior-level)

13. Compliance Officer

• Role: Compliance officers ensure that companies follow all financial regulations and laws. They monitor internal processes and help prevent legal issues by ensuring adherence to regulatory standards.
• Salary Range: ₹4,00,000 – ₹8,00,000 per annum (entry-level); ₹10,00,000 – ₹20,00,000 per annum (experienced professionals)

14. Banking Operations Manager

• Role: Banking operations managers oversee day-to-day banking functions, including account management, customer service, and transactions. They ensure smooth operations and compliance within the bank’s system.
• Salary Range: ₹5,00,000 – ₹12,00,000 per annum

15. Financial Consultant

• Role: Financial consultants advise clients on a variety of financial matters, including investment, retirement planning, risk management, and tax strategies. They tailor financial strategies to individual client needs.
• Salary Range: ₹4,00,000 – ₹8,00,000 per annum (entry-level); ₹12,00,000 – ₹20,00,000 per annum (experienced professionals)

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Additional Considerations:

• Location: Major financial hubs like Mumbai, Delhi, Bangalore, Chennai, and Hyderabad offer higher salaries due to the concentration of banks, investment firms, and multinational corporations.
• Experience: With experience, finance professionals can move into higher-paying roles, especially if they work in large financial institutions or multinational corporations.
• Industry: Certain sectors such as investment banking, private equity, venture capital, and corporate finance tend to offer the highest salaries due to the complex and high-risk nature of the work involved.

Conclusion:

A Skill Diploma in Accounting and Finance opens the door to a wide range of lucrative career opportunities across various sectors. The salary can vary depending on the role, industry, and experience, but finance professionals in India are generally well-compensated, with substantial opportunities for career growth and advancement. As financial markets and institutions continue to evolve, there is a growing demand for skilled finance professionals in India.