Best B.Com with CPA(USA) Colleges in Bangalore – Course Details, Eligibility, Syllabus based on 2022 – 23 Rankings and Reviews
Updated on 15 March 2023
Best B.Com with CPA Colleges in Bangalore – Course Details, Eligibility, Syllabus based on 2022 – 23 Rankings and Reviews
B.Com with CPA(Chartered Professional Accountant USA) in Bangalore
As per recent studies, there are almost 18 lakh companies in India, out of which only 66% are active. The business activities in India have increased considerably in recent years, as relaxed regulations, the emergence of e-Commerce and other related technological advancements have eased the process of setting up and running a company.
That’s not even half the job, though. Sustaining a business venture and making it a profitable gig over a long period of time is naturally tough in such a competitive environment. Many companies eventually liquidate and there are many reasons why that happens.
Financial mishandling is one of the most common of them all. Yeah, the optimum use and management of financial resources can make or break a company’s fortunes. You can’t spend money like water without having a solid plan in place. Nonetheless, the point here is that financial management is a must and every business organization needs to have an efficient team of financial advisers, managers, and accountants to spearhead things from the monetary front.
Either that, or companies and individuals a well, can outsource their wealth, finance and investment management tasks to well-known financial services companies.
People who work in the financial management field earn handsome salaries and it shouldn’t take a Quantum Physics expert to figure that out.
That’s one of the biggest factors as to why commerce attracts the largest number of applications every year. The money is great, the job opportunities are in abundance and there is a great scope for career growth. What else do you want, right? Umm…hold on a minute though. It’s not all that hunky dory.
As the number of commerce graduates is high, the struggle to get a satisfying job can often be a dispiriting exercise. So what can you do to stand out from the herd then?
Get an additional specialization or even better, a globally-accepted certification. The best part is that you get it along with the undergraduate course.
Presenting, B.Com with CPA training.
What is B.Com with CPA training?
B.Com doesn’t require a preface. It is one of the most popular, if not the most popular undergraduate course in the Indian education system. Bachelor of Commerce is a comprehensive programme that trains students regarding the fundamental principles in business management, administration, finance, and commerce.
While B.Com principally deals with the financial aspect of a business such as accountancy, taxation, banking, and insurance – the course also touches upon various other areas of business administration such as:
- Human Resources
- Organizational Structure
- Logistics Management
- Operations Management
- Commerce
- Management Science
- Computer Applications
- Risk Management
- Business System Analytics
Having a B.Com degree is well and good, but add a CPA to it and you’re ready to fly high in your career. What’s a CPA, you ask?
A US-based accounting certification which has global approval, Certified Public Accountant (CPA) is a professional accounting qualification that hands candidates the authority to practice public accounting in the United States of America.
If having a CA qualification is required to practice auditing and accounting in India, then having a CPA is mandatory to do the same in the States. To become a CPA, candidates would need to clear the Uniform Certified Public Accountant Examination (CPA Exam) – the basic requirement of which is to be a graduate. The CPA exam is certified by the American Institute of Certified Public Accountants (AICPA).
A standalone CPA training course takes up to 12 months to complete, however, now, you can save up a lot of precious time by taking up the integrated B.Com + CPA course. The CPA course is made up of four sections, namely:
- Business Environment and Concepts
- Regulation
- Auditing and Attestation
- Financial Accounting and Concepts
Each section contains a host of topics that go deeper into the various facets of public accounting and other relevant areas. As CPA is the highest accounting qualification in the US, getting one on your resume is considered prestigious and does require a lot of effort. However, it’s less time-consuming than getting a CA and has pretty much the same scope in terms of professional growth.
But, before you blindly go for B.Com with CPA, there are a few disclaimers and requirements about CPA you need to know. After all, becoming a distinguished CPA isn’t child’s play.
It should be noted that Indian candidates would have to give the exams at any of the approved international exam centers – as per the regulations laid out by the AICPA and CPA.
Also, candidates can get the required 120 credits by scoring in the first division range or higher from any of the NCAA A universities. However, it’s advisable to go for a PG course. More on that later on in the article.
First, let’s look at the basic details about the B.Com + CPA course…
B.Com with CPA Course Duration:
B.Com with CPA is a 3-year long undergraduate course that is divided into 6 semesters that also includes the CPA training. For those who are interested in going towards the management side of businesses, there is also a BBA with CPA course with similar duration and emphasis on business administration along with CPA exam training. Read more about BBA with CPA here.
B.Com with CPA Eligibility Criteria:
- Candidate must have passed 10+2 from a recognized board
- Candidates from the Commerce stream are preferred
- The minimum cut-off is set at 45% aggregate score in 10+2 exams
- Candidates must score as high as they can in their PUC examinations as the admissions are done via merit. Aiming higher would boost your chances of getting a seat.
B.Com with CPA Admission Procedure:
- Before you zero down on a college, there are a few things you need to note down. The particulars should include location, fees, desired amenities, campus culture, accommodation and food services, and future scope. Shortlist colleges that align with your requirements.
- Once you have the list of colleges, download the admissions forms from the college website or collect them from the respective campuses.
- Fill the forms, collect all the necessary documents and relevant mark sheets and submit them back to the college before the deadline.
- Colleges will put out a merit list as soon as 10+2 results are announced.
- If your name features on the merit list, pay the first year’s fees and confirm your admission.
Take it easy. Contact us at 080-6116-0468 and let our richly-experienced career counselors handle the rest.
B.Com with CPA Course Syllabus, Curriculum, and Structure:
| Semester I |
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| Semester II |
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| Semester III |
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| Semester IV |
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| Semester V |
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| Semester VI |
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| CPA Training Sections, Subjects and Sub-Topics |
Financial Accounting and Reporting:
Business Environment and Concepts:
Auditing and Attestation:
Regulation:
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The learning methods and pedagogy are done via theoretical and guest lectures, practicals, seminars, case studies, and debates. CPA training is imparted through a mixture of classroom learning and online study material such as videos, infographics, and AICPA certified notes
Assessment is conducted through semester-end written examinations, projects, internship and company reports. Keeping the focus equally on CPA training, colleges conduct mock CPA exams that prepare the students for the actual papers
Talking about CPA exams, the Uniform Certified Public Accountant Examination is divided into four sections.
- Financial Accounting and Reporting (FAR) (4 Hours)
- Regulation (REG) (4 Hours)
- Business Environment and Concepts (BEC) (4 Hours)
- Auditing and Attestation (AUD) (4 Hours)
There are three types of questions that constitute the different sections. Written communication questions need essay-type answers. Task-based simulations questions are based on the principles of CPA and deals with their application in real-life situations that will be simulated in the papers. Finally, the exams are rounded up with Multiple Choice Questions (MCQs). The passing mark for each paper is 75. Given below is marking system broken down for your convenience:
B.Com. With CPA Average Course Fees:
Candidates would have to shell out anywhere between Rs. 3.4 – 5 lakhs for the full 3-year B.Com with CPA course.
Trust me, it’s a steal. A separate CPA course itself costs around 1.2 – 2 lakhs and will take up an additional 12 months after your 3-year bachelor’s programme. Save time and money and make an informed choice by going for the B.Com with CPA course.
B.Com with CPA Jobs and Future Scope 2023:
CPA for American accountants is what CA is for their Indian counterparts. They are equals and hold the same reputation around the globe, more so in the US – where it is the highest accounting qualification, as mentioned earlier.
Thus, if you have dreamt of living the American Way of Life, then B.Com with CPA is the pathway to achieve that objective. CPAs are the only professionals who are sanctioned to accomplish certain auditing and accounting functions in the US.
But, the US isn’t the only country where CPAs are appreciated. Top MNCs from around the world prefer recruiting accountants with CPA qualification as they have a higher degree of documented knowledge and expertise in accounting and auditing.
B.Com is the foundation and CPA is the skyscraper that is built brick by brick. CPA is unlike taking the stairs though, as you can go up to the top floor using the elevator. Enough with all the corny references; the bottom line is that B.Com with CPA offers candidates a wide range of jobs and tremendous career scope and growth and can catapult you straight to the top.
While B.Com graduates would need to take up a Post Graduation course to be eligible to attempt the CPA exams, that should not be much of a problem as the training part is already covered during the bachelor’s programme. Additionally, a CPA can find jobs in any of the following areas:
- Attestation
- Income Tax
- Equity Research
- Mergers and Acquisitions
- International Accounting
- Corporate Governance
- Governmental Accounting
- Financial Reporting
- Process Audit
- Investigation of Financial Frauds
- Forensic Accounting
- Assurance
- Auditing
- Regulatory Compliance
- Financial Planning and Analysis
- Financial Accounting
- Corporate Governance
- Information Technology
- Venture Capital
- Investment Banking
- Functional Consultant
- Financial Consultant
From the Big 4 of finance, auditing, and accounting – to international fortune 500 companies; everyone wants a CPA on their payroll. The following companies are considered to be the biggest recruiters of CPAs – both in India and abroad:
- KPMG
- Deloitte
- PWC
- EY
- Accenture
- American Express
- Grant Thompson
- Barclays
- ICICI
- Phillips
- World Bank
- AIG
- Flextronics
- Northern Trust
- Capgemini
- WNS
- VMWare
- JP Morgan
- AON
- Genpact
- EA
- Ford
- Synchrony
- Maersk
- Caterpillar
Let’s talk money now, shall we?
B.Com with CPA Average Salary and Payscale in 2023:
It’s a lucrative profession. Don’t be amazed as you ought to get paid generously for managing someone else’s money.
CPA professionals in India earn an average annual salary of Rs. 8 – 10 lakhs. The yearly figure, would, of course, multiply and skyrocket to Rs. 20 – 30 lakhs per annum as you continue to accumulate experience.
I know, you’re wondering how much CPAs make outside India. The average salary ranges between $60,000 – $75,000 in the United States, which can go up to $130,000 per year.
Yes, CPAs get fat cheques.
Higher Studies after B.Com with CPA:
Now, you may complete your graduation degree and hands-on CPA training, however, if you don’t have the 120 credits, you would not be able to appear for the CPA exams.
Thus, getting a PG degree is a must. Even if you have the needed credits due to high scores from NCAA A universities, pursuing a PG course is a smart option. Your resume looks better and you stand to gain a better salary and job profile in the bargain. Win-win situation.
So what can you pursue after B.Com with CPA? Check these alternatives (PG, Masters, and Doctorates) out:
- Master of Commerce (M.Com.) (2 years)
- Accountancy
- Financial Management
- E-Commerce
- Accounting and Finance
- Master of Business Management (MBA) (2 years)
- Finance
- Post Graduate Diploma in Business Management (1 year)
- Fiance
- Master of Philosophy (M.Phil.) (2 years)
- Doctor of Philosophy (Ph.D.) in Commerce (3 years)
Best B.Com with CPA Colleges in Bangalore:
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St. Benedict’s Academy
Address: Asirvanam, Anchepalya, Kumbalgodu Post, Bangalore – 560074
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Jain University
Address:#44/4, District Fund Road, Jayanagar 9th Block, Bangalore, Karnataka, India -560069
Website: https://www.jainuniversity.ac.in/Best-Colleges-With-Best-Study-Campus.php
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Christ University
Address: Bannerghatta Main Rd, Pai Layout, Hulimavu, Bengaluru, Karnataka 560076
Website: https://christuniversity.in/
- IIMS College Bangalore
- KristuJeyanti College Bangalore.
