Accounting & Commerce

I have been in LPU so I can vouch on their practices that they are implementing and I have witnessed their effort for students and management working hard for placement and imparting quality teaching. Here are few highlights which I would be sharing for helping you to develop your mind set. LPU is a well renowned university, providing quality education, innovative pedagogy and unbeatable placements both national and international. LPU provides a great academic exposure to its students. It provides a chance to the students to attend guest lectures or workshops, so that they get to learn as much as they can. The students also work on live projects, so that they are able to apply their knowledge to practical settings. It is one of the few that has embraced international practices when it comes to designing a curriculum. LPU offers scholarship based on various categories like previous qualification percentages, LPU NEST exam, national level test, defense personnel or CAPF dependents and many more. Whichever will be the best applicable that will be reduced from the fees of every semester. The fees structure depends upon the scholarship applicable, as the scholarship amount is reduced from the fee of every semester.

US CMAs are considered highly desirable for FP&A job roles (financial reporting, financial planning, financial analysis and financial decision making). The US CMA curriculum also focuses on developing and testing skills required to perform the aforementioned jobs. Many American CFOs choose to be US CMAs themselves and prefer to hire US CMAs in their teams. CMAs expertise in USGAAP and understand its distinctions from IFRS. In most cases, multinational companies registered with the SEC in USA have to provide audited annual financial statements per USGAAP. These financial statements are prepared by the internal finance team of the company. Since CMAs are well qualified in USGAAP and understand the SEC reporting requirements well, companies preparing their financial statements using USGAAP prefer to hire US CMAs for the job. India is a hot B.Ed of and key player in Business Process Outsourcing. A majority of the outsourced financial work in India comes from the USA and UK, since NYSE (New York Stock Exchange) and LSE (London Stock Exchange) represent the world's the largest financial markets. As most major brands are American entities that follow USGAAP, this creates tremendous job opportunities for US CMAs in India (in the BPO sector). Another major source of employment for CMAs are FP&A jobs directly with American companies that have branches in India, but prepare financial statements using USGAAP, at the parent level. The average salary package for a fresher CMA with no experience ranges from INR 4.5-6 Lacs p. a. Of course, with experience the salary increases and depending upon the role, compensations will vary. Overall, jobs of US CMA in India pay comparably and sometimes even better than traditional Indian finance qualifications such as ICWA.

Basically Aviation business is a part of Tourism and Hospitality industry. Job opportunities after MBA Tourism and Hospitality course includes:
Marketing/executives or in managerial positions
Aviation Planner
Customer Relationship Manager Airlines
Financial Analyst for airlines
Operations Analyst for airlines
Purchasing Manager for airlines
Senior Staff Analyst for airlines
Trainer
Territory Manager Corporate Sales MBA in specialised in Tourism & Hospitality particularly works with :-
# National and international airlines
# Airports
# Travel and tour agencies
# Central and state tourism development corporations
# Ships and cruise sector
For MBA admissions at LPU, You must qualify an Interview through video conferencing with minimum 55% aggregate percentage in any Graduation. The best way to complete the process is at www.admission.lpu.in
Hope this helps
DVD.

B.Com is a course which has overall knowledge but finance part is more. So following things can be expected out from a B.Com student:
A proper knowledge of accounting
A good knowledge of income tax and indirect taxes
Good knowledge about various financial services and products
Knowledge of accounting software like Tally ERP 9
Good communication skills
Knowledge of other domains also for example marketing and HR
knowledge about the current happenings in the market particularly in the finance and taxation field
Knowledge about various government policies and budget
Various other laws which are concerned with accounting and Taxes
In crux, a B.Com student should know whatever he has started in his B.Com course. It will be very beneficial for a B.Com student if he studies from a good Commerce College. You can refer the syllabus of B.Com course and what is required from a B.Com student by referring that syllabus from the following link: https://pcte.edu.in/blog/course/bachelor-of-commerce-professional-b-com-prof/.

Hi Mahima, Commerce graduates have immense scope for jobs and work profiles in many industries and sectors. There are many industries which absorb commerce graduates for different functions depending on their needs and skills of the aspirants. Some functions performed by commerce graduates (and the work profiles they get in jobs) are accounting, auditing, corporate restructuring, foreign collaborations and joint ventures, finance, taxation, tax consulting, secretarial and corporate governance arbitration and conciliation, financial management, project planning, capital market and investor relations, corporate advisory services, Cost and Management Accountants (earlier referred to as Cost and Works Accountants) are responsible for budgeting, cost management, performance evaluation and asset management within a company or organisation. Commerce grads if add some more skills get to work in: Financial Planning/Consulting, Financial Analyst, Investment Banking, Corporate Finance, Private Equity and Venture Capital, Risk Management, Wealth Management, Stockbroking etc. You can also try the Bank PO examinations after graduation in any stream, although degrees such as B.Com BBA Economics can be advantageous. Some popular exams for the Bank PO position include, SBI PO Exam, IBPS PO Exam, ICICI Bank-PO Exam, Axis Bank-PO Exam, HDFC Bank-PO Exam, etc. Lastly, there is one more field which has immense scope and that is statistics:
There are a large number of opportunities available both in the public and private sector in roles such as data analysis, big data, market research, investment analysis, research analysis, risk analysis, etc. But do remember one thing, Commerce is a degree which requires hard work and right skilled faculty to teach, you need to study this highly demanding course only in colleges/universities of high repute with solid track records. Some good suggestions from my side are: SRCC, LOYOLA, RAMJAS, GGDSD, Xaviers, LPU, Symbiosis, etc. All the best.

Hi Nomanjee, LPU offers following computer applications and information technology programs:
1) BCA 3 years. (6 Semesters)
2) Dual Degree BCA-MCA 5 years. (10 Semesters)
3) BCA (Hons. ). 3 years. (6 Semesters)
4) Dual Degree BCA (Hons. ). MCA (Hons. )5 years. (10 Semesters)
5) B.Sc. (Computer Science)3 years. (6 Semesters)
6) B.Sc. (Information Technology) 3 years. (6 Semesters)
The Eligibility Criteria is:
Pass with 50% aggregate marks in 10+2 (with English) or equivalent. For a candidate, who has not studied English as a subject, the condition of English may be waived off provided the candidate in his qualifying exam has studied in English medium. (5% relaxation to North East states and Sikkim candidates/ Defence Personnel and their Dependents/ Wards of Kashmir Migrants) (10% relaxation to outstanding Sports Persons (I. e. A/A+ category as per Sports Scholarship), Subject to verification from Selection committee* of the University). So, you don't need to have any compulsory IT subject for pursuing the above programs. I hope the answer will help you.