BBA Finance (Accounting, Taxation & Auditing)

Accounting and finance runs through the core of every system whether big or small. From homes to small businesses to organizations and even government institutions, finance and accounts are an integral part of our functions. When it comes to big businesses and organizations, finance and accounting become complex functions and one needs specialized training and education to manage their financial and accounting functions.

In this blog we are going to discuss the Bachelor of Business Administration (BBA) course specializing in Finance and Accounts. BBA Finance and Accounts ids an undergraduate degree course that trains students on the basics of finance and accounts to prepare them to work in various capacities in the world of finance and accounting. Thus BBA Finance and Accounts is a specialized BBA course as discuss further below.

About BBA Course

BBA (Full Form Bachelor of Business Administration) is now a 4-year undergraduate degree course which is a highly demanded professional degree ideal for the students that are seeking to build their career in business, Govt. sectors, educational institutions, and for entrepreneurship.

From the late 1980s post graduate degree courses in Management (MBA) and Computer Applications (MCA) became highly popular as these two-year professional courses were job focused. MBA and MCA degree holders became the hot favourite of corporate houses hiring job seekers.

As business and technology grew at a fast pace, the demand for qualified management and computer application professionals grew. Consequently, three year Management and Computer Applications courses were introduced at the under graduate level with the nomenclatures BBA and BCA.

For a decade, the course has been greatly improved as it catered to multiple requirements of various industries. Such as managerial, specific tasks of business administration, as well as human resources operations.

Regulatory Framework

The All India Council for Technical Education (AICTE) is in charge of regulation of the Bachelor of Computer Applications (BCA), Bachelor of Business Management (BBA) and Bachelor of Management Studies from the academic session 2024-25. This was announced by the University Grants Commission (UGC) in a recent notification.

The decision is expected to have a far-reaching positive influence on the manner the Bachelor of Business Management (BBA) course is taught in the country. The move has been adopted with the aim of ensuring uniform quality and academic standards across Management and Computer Application programs at both the UG and PG levels.

The objective of the BBA Course

The BBA degree course aims to provide key aspects of business knowledge and professional ethics to the learners. The course covers a wide range of subjects in the areas of commerce and industry. Students with the aim to pursue a career in business management should get admission to BBA course. The practicals, assignments, and internship render the industry knowledge.

The curriculum of the this course is well thought out and has been drafted by the industry leaders and experts on the basis of industry requirements, which is done so with a purpose to enhance a learner’s perspective on entrepreneurship, ethics, and leadership. This course intends to instill the most valuable practical and theoretical skills that help in the overall development of the students.

About BBA Finance and Accounts

The Bachelor of Business Administration – BBA Finance and Accounts is an undergraduate (UG) program that covers advanced accounting and basic tax concepts to students to educate them on the basics of  financial management, tax planning, and auditing. BBA Finance and Accounts graduates should be able to take on any role in the broad area of accounting finance .

It is necessary to pass 10+2 or equivalent, in English and Accountancy as core subjects with a 45% to get admission in this course. BBA Finance and Accounts course is a well thought out blend of core theories and practical hands-on learning experiences.

This meticulously designed curriculum aims to provide students with comprehensive knowledge and skill development in the field. The program not only opens doors to numerous career opportunities but also lays a strong foundation for pursuing a Chartered Accountancy (CA) qualification.

Course Overview

The Bachelor of Business Administration in Accounts, Finance and Auditing (or simply BBA Finance and Accounts) is a full four-year degree course consisting of eight semesters in which the first four semesters are common to all the Bachelor of Business Administration programs and the remaining four concentrate and focus on the specialized subjects and topics related to the fields of finance and accounting.

The course imparts knowledge and skills on finance and accounts and is ideal for students who are good with numbers and are interested in managing the finance of any company may opt for BBA Finance and Accounts. Although entrance exam scores are not a necessary part of the admissions process, students can use them to gain a competitive advantage in case of limited seats for full-time and part-time courses.

The BBA Finance and Accounts course curriculum includes investments, portfolio management, corporate finance, financial engineering, and international finance. These concepts have a huge importance in every company, government as well as private, and organization. The following are the objectives of BBA Finance and Accounts course:-

Objective

• Preparing and presenting the consolidated financial statements of both public and private corporations in accordance with appropriate accounting standards.
• Computing the income tax payables by an individual, corporation, or trust by applying effective tax planning strategies
• Collecting, analyzing, and communicating information to assist management in making more effective operational and strategic planning and control decisions.
• Analyzing the internal control and risk management systems of an organization and making recommendations for improvement.
• Give an opinion as to the accuracy of an organization’s financial reporting in accordance with appropriate auditing standards and procedures.
• Demonstrating how information systems and technology can be used to facilitate and enhance financial reporting and decision-making.
  

Course Suitability

The BBA Finance and Accounts course is for you if you possess the following skill and interests.

• You should have knowledge and interest in business organizations, including how they operate and are managed, which may enhance your commercial awareness, particularly if the course involves a work placement or case studies.
• You have the knowledge of gaining an insight into the contemporary theories and the practice of financial institutions.
• You have problem-solving and analytical skills in numerical aspects of your studies and from exercises and project work.
• You also have oral and written communication skills; the ability to argue your case and negotiate; knowledge of global business issues and language skills
  

Course Module

1st Semester

• Fundamentals of Accounting
• Principles of Management
• Communicative English
• Economics

2nd Semester

• Cost Accounting
• Human Resource
• Management and Marketing
• Management
• Environmental Sciences

3rd Semester

• Advanced Accounting
• IT in Business and E-Commerce
• Indian Financial System and Financial Market
• Operations Computer application in Business

4th Semester

• Principles of Taxation
• Management Accounting
• Entrepreneurship and Ethics
• Accounting Software and Packages

5th Semester

• Auditing and Assurance
• Quantitative Techniques for Management
• Advanced Auditing
• Advanced Tax law and Practices
• Corporate Accounting and Financial Reporting

6th Semester

• Financial Management
• Financial Statement Analysis
• Public Finance and Taxation
• Advanced accounting packages ERP and Tax Filing
• Tax Planning and Procedures
  

Eligibility 

10+2 passed from any board, and students from any stream can apply. Candidates appearing in the Class XII board finals can also apply in advance.

Course Fees

Fee per Semester Rs. 45,000. Total Semester Fee = 6 x 45,000 = Rs. 2,70,000

Fees Details	Amount
Admission Fees	₹ 42,000
Activity Fees	₹ 2,100
Interest free Security Deposit (Refundable)	₹ 10,000
Total	₹ 54,000
Fees payable at the time of Admission(Which includes first semester fees)	₹ 99,100
Total Course Fees for 3 Yrs	₹ 3,14,100

Scholarship

At Inspiria, we believe in rewarding the hard work and excellence achieved by meritorious students in their academic endeavours.

As part of Wings Scholarship Program, we are giving out scholarships for (BBA Accountancy, Taxation & Auditing)

Score in Class 12	Scholarship
Between 70% to 79%	10%
Between 80% to 89%	20%
90% and above	30%

Career Opportunities

BBA (Financial Markets) is an excellent career option for aspirants who are willing to step up their careers in the finance and accounting domains. At a time, this degree was only offered by a few private colleges and institutes, but now it is offered by almost every major university in India. As a result, it is now much more available. Companies aggressively seek out BBA graduates and provide them with a competitive wage and benefits package.

Banking

The Indian Banking and Finance industry is growing rapidly and is due to become the fifth largest in the world. As per the current growth trend, there is an expectation of recruitment of about 8.4 million candidates in the Banking and Finance Services including both private and government organisations. 

Chartered Accountant

A CA is hired by an accountancy firm to provide accountancy and tax services to clients. They also provide trustworthy information about audit and taxation, business and management advice etc. A simple BBA in accounts and financing is not enough to become a CA, one needs to appear in a number of exams for a CA.

Teaching

Teaching is another profession you can opt for. You can take tuition or open up your own institution. You can also become a career guidance counsellor if you’re well aware of your option. However, if you wish to become a school teacher or a professor, you need to either get a B.Ed degree or clear exams like UGC NAT.

Business Analyst

The role of a business analyst is gaining paramount importance in current times. They are one of the most highly paid professionals. In today’s data-driven environment, organizations use data to unearth business patterns and to derive meaningful insights. With the available data, companies try to improve processes and make critical decisions. And that is what business analytics help them achieve. 

Audit Manager

An audit manager is responsible for organizing and managing internal audits according to audit plans. Audit managers’ responsibilities include overseeing the audit process, making recommendations on policies, and ensuring that the organization fulfils, including other specialists, monitoring budgets and supervising the audit process.

Budget Manager

As the name suggests, Budget managers are people who handle company finances as part of their role. ensure that projects and accounts are managed cost-effectively to maintain adherence to the organization’s financial objectives in the short, medium, and long term. As a budget manager, you are expected to create strategies to optimize our organization’s budgets and spending. Monitoring spending patterns and implementing measures to promote adherence to budgets.

Frequently Asked Questions