BMS COLLEGE OF COMMERCE & MANAGEMENT (BMSCCM) Enquiry

Courses Offered:

B.Com / BBA with ACCA

About ACCA :

ACCA (Association of Chartered Certified Accountants) is a global professional accounting body offering the Chartered Certified Accountant qualification. ACCA is the largest and fastest growing global professional accountancy body in the world, with over 320,000 members and students in 181 Countries. The curriculum framework and content of this course will facilitate students to conveniently pursue a career in International Finance and Accountancy.

1. Association of Chartered Certified Accountants operational since 1904
2. World’s most forward-thinking Professional Accounting Body
3. ACCA recognized in 181+ Countries
4. More than 2,41,000 fully qualified Members
5. 5,42,000 future members worldwide in 178 Countries
6. 7828 + registered Employers
7. 117 Offices and centres in 51 Countries
8. 712 Strategic Partnerships
9. 322 Approved Learning Partners
10. 2073 Exemption accredited programs from 924 Institutions

The course enables the students to obtain substantial fundamental knowledge of subjects like Accounting, Taxation, Law, Financial Reporting, Auditing, Risk Management, Corporate Governance, Management Accounting, Finance and Business Ethics.

Teaching Pedagogy

1. E-learning techniques (LMS)
2. Ongoing lectures from ACCA professionals
3. Case studies from an international perspective
4. Seminars and presentations
5. Panel discussions and symposium

OBJECTIVES OF THE COURSE

1. To develop professional knowledge and skills in international Accounting, Finance, Auditing, Taxation, Risk Management
2. To equip students with the necessary training required as per ACCA standards to enable them to effectively pursue the professional qualification.
3. To inculcate a strong sense of ethics and corporate values, especially with regard to the accountability, transparency and responsibility of a professional in the business world.
4. To provide students with the opportunity to take up different financial roles in any organization.

ACCA Fundamentals Levels

1. F1 Business in Technology – Exempted
2. F2 Management Accounting – Exempted
3. F3 Financial Accounting – Exempted
4. F4 Corporate and Business Law- Exempted
5. F5 Performance Management – Exempted
6. F6 Taxation – Exempted
7. F7 Financial Reporting – Exempted
8. F8 Audit & Assurance – Exempted
9. F9 Financial Management – Exempted

ACCA Professional Level – 2 Modules; Essentials & Optional (To be done after B.Com/BBA)

Essentials

1. Strategic Business Leader (SBL) – Coaching Provided
2. Strategic Business Reporting (SBR)

Options (2 to be Completed)

1. Advanced Financial Management
2. Advanced Performance Management
3. Advanced Taxation
4. Advanced Audit & Assurance

Professional Ethics Module

Professional ethics is at the heart of the ACCA Qualification. Values, ethics and governance are essential skills for finance professionals. It is important to ACCA to ensure all students understand what it means to work and act professionally and ethically in the workplace

Benefits of ACCA

1. Enables you to become a Chartered Certified Accountant, use the designate letters ACCA, and work in any aspect of Finance and Management in any business.
2. Better employment prospects.
3. Assures our employers that you have Skills necessary to progress to more senior management positions.
4. ACCA is the largest and fastest growing global professional accountancy body in the world, with over 486,000 members and students in 181 Countries.
5. Job Market: ACCA gives a salary benefit that is greater than that of peers who chose not to pursue the course.
6. For campus placements, students who had started the ACCA journey are often preferred.
7. Opportunities in the Middle East / Europe.

Due to the MOU with ISDC, the following fees are completely waived off: ACCA Registration fee, First year subscription fee, Materials fee, and examination fee for 9 out of 9 papers for the Fundamental level.

About Queen Margaret University

Found in the year 1875, Queen Margaret University has been driven by the aim to impart quality education to its students. Earlier it was established as the Edinburgh School of Cookery by its founders, Christian Guthrie Wright and Louisa Stevenson.

About Queen Margaret University

1. Found in the year 1875
2. Established as the Edinburgh School of Cookery by its founders, Christian Guthrie Wright and Louisa Stevenson
3. Institution began to be recognized as Queen Margaret University in 1999
4. Ranked between 801-1000 in World QS Ranking
5. Ranked 88th in The Complete University Guide
6. Featured among Top 50% of Universities in UK
7. Ranked 89th in The Guardian University Guide 2023

The QMU Assessments flow is as below –

1. Accounting & Finance for Operations
2. Business Operations & Technology
3. Corporate Law, Business Ethics & CSR
4. Audit & Taxation
5. Financial Information for Performance management
6. Financial Reporting & Management
7. QMU Assessments are conducted as an internal examination at your college.
8. The Assessments will be a combination of MCQ's and descriptive questions.
9. QMU Assessment Passing percentage for each paper is 30%, Overall Aggregate should be 40%.
10. Students should clear 6 modules to get 9 paper exemptions for ACCA.

Key Benefits ACCA QMU Qualification

1. ACCA has 13 paper's and out of these 9 papers are exempted from ACCA exams
2. Students gain an additional UK Degree (B.Sc. in International Finance) after completion of 6 assessments from Queen Margaret University, UK.
3. Training for 9 Fundamental Level and QMU assessments will be taken care by ISDC
4. Exam and exemption fees are totally waived for the first 9 fundamental papers of the ACCA.
5. ISDC will provide training for one Professional Level paper (SBL) Training and exam guidance.
6. QMU Assessment exams will be conducted on campus.
7. ISDC will provide Soft Copy of Kaplan learning materials to all the registered students
8. ISDC will be one point of contact for any query raised by the student relating to ACCA
9. To enable strategic thinking and strengthen analytical behaviour.
10. To give an insight into the various Functional areas of Business.
11. To provide a Global view of the Macro Environment influencing business decisions.
12. To impart skills that will be useful in taking decisions and Managing Business.

CARRER AND PLACEMENT OPPORTUNITIES

ACCA currently works with more than 8500 Approved Employers and 80 accountancy partnerships worldwide.

B.Com / BBA Degree holders along with ACCA qualification will have amazing employment opportunities in India and abroad. Students can make rewarding careers in the field of financial services, banking industry, investment banking, wealth management companies, entrepreneurial venture and government services as well with very good pay packages. ACCA has a dedicated job portal to help you find internships & placements.

Some of the designations for the freshers would be as below -