Purse B.Com Hons with ACCA Accreditation in collaboration with Grant Thornton at Chandigarh University, Uttar Pradesh

The Bachelor of Commerce (B.Com) Honors program is a four-year full-time program and accepted as a strong undergraduate degree in comparison to many other similar programs as it opens the doors for diverse career options. Students who pursue B.Com(Hons) program they study courses of different nature but with special emphasis on preparing the students in Accounting & Finance domain. This makes the student aware of different subject areas but provides expertise in the domain which is considered as vital and constantly needed in real business settings.

B.Com(Hons) with ACCA (Association of Chartered Certified Accountants) program is a specialised program which on one side prepares the students for normal Commerce subjects and on the other side gives exposure to study the subjects belonging to ACCA, UK Certification. Besides B.Com(Hons) examination students will get an opportunity to participate in ACCA, UK Examinations after clearing which he/she will be treated as Certified ACCA Member. This ACCA Certified member is eligible to work globally as ACCA Certification is valid in more than 180 countries worldwide.

B.Com(Hons)-ACCA program becomes even more effective if it is offered in collaboration with some prominent industry partner. For example- Chandigarh University Uttar Pradesh is offering this program in collaboration with the global accounting, finance, & consulting giant company Grant Thornton. Industry collaborations like this provide an additional impetus to the program and provides newer orientation and placement opportunities to the students.

Major benefits of B.Com(Hons)-ACCA can be presented under the following points:

An International program:

The Program supports ACCA Certification, which is valid in more than 180 countries, including the UK, UAE, Singapore, Australia, etc. This feature of the program makes it an international program as after successful completion of B.Com(Hons) and ACCA examination student may get global opportunities.

Handling real business problems:

This program provides the real business-related exposures to the students as industry collaborator provides actual business problems to the students and they try to solve the same. These exercises prepare the students for real business settings which they may join after completion of program.

Promising Job prospects:

Besides campus placement opportunities offered by the University’s placement team, students are also offered several job openings by industry collaborators like Grant Thornton at Chandigarh University Uttar Pradesh. As program has a major element of internationalization, placements are also available across the globe. Major areas of placement include Corporate Finance Analyst, Valuation Analyst, Financial Reporting Analyst, Audit Associate, Investment Analyst, Credit Analyst, Consulting Associate (Finance & Taxation), Fund Manager, Finance Officer, etc.

Regular Interaction with Industry Leaders:

On account of industry collaboration students also get prepared for industry through various Panel Discussions, Workshops, Conferences, Summits, Industry-Leader Talks, and Mentorship Programs. Such exercises help the students to get exposed to industry representatives and make them updated with the latest happenings and trends in the corporate biosphere.

Diverse Career prospects:

Besides ACCA, students have many options in many other fields like student can prepare for professional examinations like Chartered Accountancy (CA), Company Secretaryship (CS), Cost & Management Accountant (CMA), certified Public Accountant (CPA) etc. They can also go for higher studies either in Commerce stream by pursuing M.Com or in the Management stream by pursuing MBA. Students who participate in MBA after completion of B.Com(Hons) program are generally more successful as they have sound understanding of Accounting & Finance domain in comparison to students of other streams.

Classroom teaching/training by Industry experts:

In this program generally ACCA-related papers are taught by industry experts in classrooms settings and computer labs. As it is noticed that in Chandigarh University Uttar Pradesh 7 ACCA related papers are taught by the industry representatives. This type of teaching helps in smooth clearing ACCA exams as well as students also get the flavour of industry relatedness with the subjects of the program.

Exemptions in ACCA:

Normally in ACCA examination system student need to appear in 13 different subjects but due to collaboration and approval with ACCA, UK student gets several exemptions. In most of B.Com(Hons)-ACCA programs students get exemption from 6 to 9 papers. For example at Chandigarh University Uttar Pradesh, students who pursue B.Com(Hons) with ACCA degree students will get exemption upto 9 subjects. Therefore student will to clear only 4 papers of ACCA to complete this renowned certification.