Description
Course Name: Professional Diploma in Financial Accounting
Course Id: PDFA/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: A Professional Diploma in Financial Accounting is an excellent choice for those looking to build a solid foundation in accounting and financial management. This program offers a practical, career-oriented approach, preparing graduates for immediate employment or further studies in finance. With financial expertise being crucial across industries, this diploma opens doors to diverse opportunities in the professional world.
Duration: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
How Students will be Graded: | ||
S.No. | Marks | Grade |
1 | 91-100 | O (Outstanding) |
2 | 81-90 | A+ (Excellent) |
3 | 71-80 | A (Very Good) |
4 | 61-70 | B (Good) |
5 | 51-60 | C (Average) |
6 | 41-50 | P (Pass) |
7 | 0-40 | F (Fail) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Professional Diploma in Financial Accounting
Introduction to Financial Accounting – Basics & Importance of Financial Accounting, Accounting Principles & Concepts (GAAP, IFRS), Double-Entry System & Accounting Cycle, Types of Accounts & Transactions Accounting Process, Equation Rules Preparation OF Journal And Ledger, Profit & Loss Account (Income Statement), Balance Sheet & Adjustments, Statement of Cash Flows, Trial Balance, Notes to Financial Statements.
Cost Accounting – Introduction to Cost Accounting, Elements of Cost, Costing Methods & Techniques, Marginal & Absorption Costing, Budgeting & Forecasting, Cost Accounting in Decision Making, Cost Accounting Standards & Compliance, Cost Control & Variance Analysis, Difference Between Financial Accounting And Cost Accounting, Limitations Of Cost Accounting.
Financial Analysis & Reporting– Basic Of Financial Reporting, Financial Statement Analysis (Ratio Analysis, Trend Analysis), Investment Analysis & Decision Making, Cash Flow & Fund Flow Analysis, Corporate Financial Reporting Standards, Assets Based Accounting Standards, Revenue And Liability Based Accounting Standards, Disclosure Related Accounting Standards.
Payroll & Salary Management- Introduction to Payroll Management ,Salary Structure & Components, Tax Deduction at Source (TDS) in Payroll , Payroll Processing in Accounting Software , Payroll Accounting & Compliance, Provident Fund (PF), Employee State Insurance (ESI), & Professional Tax, Income Tax Calculations on Salaries, Payroll Processing in Tally & Excel, Payroll Budgeting & Cost Control.
Taxation & GST Accounting – Basic Concepts, Overview of Direct & Indirect Taxes, Goods & Services Tax (GST) – Registration, Filing, & Compliance, Income Tax – Basics, Deductions, & Computation, Tax Deducted at Source (TDS) & Tax Collected at Source (TCS).
Auditing & Internal Control– Introduction To Auditing, Basics of Auditing – Types & Procedures, Internal & External Audits, Fraud Detection & Risk Management, Role of Auditors & Audit Reports, Audit Planning, Internal Control, Vouching , Cost Accounting.
Job Opportunities after completion of Professional Diploma in Financial Accounting course:
After completing a Professional Diploma in Financial Accounting, graduates can explore a wide range of career opportunities in the finance, accounting, and auditing sectors. The demand for skilled financial professionals has been increasing, with companies across various industries looking for individuals who can manage their financial records, analyze data, and help with tax and compliance matters. Below are some of the career options available to graduates of this program, along with their respective salary ranges in India.
1. Accountant
- Role: Accountants are responsible for managing financial records, preparing balance sheets, profit and loss statements, and ensuring that an organization’s financial practices comply with laws and regulations. They also handle budgeting, payroll, and tax filings.
- Salary Range:
- Fresher: ₹2 to ₹3.5 lakh per annum
- Experienced: ₹3.5 to ₹6 lakh per annum
- Senior Accountant: ₹6 to ₹8 lakh per annum
2. Junior Accountant
- Role: Junior accountants typically assist senior accountants by handling basic accounting tasks such as bookkeeping, invoicing, maintaining ledgers, and preparing financial reports.
- Salary Range:
- Fresher: ₹1.8 to ₹2.5 lakh per annum
- Experienced: ₹3 to ₹4 lakh per annum
- Senior Junior Accountant: ₹4 to ₹5 lakh per annum
3. Accounts Payable/Receivable Clerk
- Role: Accounts payable/receivable clerks are responsible for managing incoming and outgoing payments. They track invoices, ensure timely payments to vendors or clients, and maintain records of transactions.
- Salary Range:
- Fresher: ₹1.5 to ₹2.5 lakh per annum
- Experienced: ₹3 to ₹4.5 lakh per annum
- Senior Clerk: ₹4.5 to ₹6 lakh per annum
4. Financial Analyst
- Role: Financial analysts analyze financial data, create reports, and offer insights to help businesses make informed financial decisions. They typically assess investment opportunities, prepare forecasts, and track market trends.
- Salary Range:
- Fresher: ₹3 to ₹5 lakh per annum
- Experienced: ₹5 to ₹8 lakh per annum
- Senior Analyst: ₹8 to ₹12 lakh per annum
5. Tax Consultant
- Role: Tax consultants advise businesses or individuals on tax matters. They help with tax planning, preparing tax returns, and ensuring compliance with tax regulations. They may also represent clients during tax audits.
- Salary Range:
- Fresher: ₹2.5 to ₹4 lakh per annum
- Experienced: ₹4 to ₹8 lakh per annum
- Senior Consultant: ₹8 to ₹12 lakh per annum
6. Payroll Specialist
- Role: Payroll specialists manage the payroll process for organizations, ensuring that employees are paid correctly and on time. They calculate wages, handle tax withholdings, and ensure compliance with labor laws.
- Salary Range:
- Fresher: ₹2 to ₹3 lakh per annum
- Experienced: ₹3 to ₹5 lakh per annum
- Senior Payroll Specialist: ₹5 to ₹8 lakh per annum
7. Finance Executive
- Role: Finance executives manage an organization’s financial operations, such as overseeing accounts, auditing financial records, preparing financial statements, and monitoring budgets.
- Salary Range:
- Fresher: ₹2.5 to ₹4 lakh per annum
- Experienced: ₹4 to ₹7 lakh per annum
- Senior Executive: ₹7 to ₹10 lakh per annum
8. Internal Auditor
- Role: Internal auditors evaluate an organization’s internal controls, financial operations, and compliance with laws and regulations. They conduct audits, identify inefficiencies or risks, and recommend improvements.
- Salary Range:
- Fresher: ₹3 to ₹4.5 lakh per annum
- Experienced: ₹5 to ₹8 lakh per annum
- Senior Auditor: ₹8 to ₹12 lakh per annum
9. Cost Accountant
- Role: Cost accountants are responsible for analyzing and controlling costs within an organization. They prepare cost reports, evaluate cost efficiency, and assist in setting budgets.
- Salary Range:
- Fresher: ₹2.5 to ₹4 lakh per annum
- Experienced: ₹4 to ₹6 lakh per annum
- Senior Cost Accountant: ₹6 to ₹10 lakh per annum
10. Financial Planner/Advisor
- Role: Financial planners provide advice to individuals on how to manage their money, invest, and plan for retirement. They assess their clients’ financial goals, create personalized financial plans, and offer guidance on investments, insurance, and taxes.
- Salary Range:
- Fresher: ₹3 to ₹5 lakh per annum
- Experienced: ₹5 to ₹10 lakh per annum
- Senior Financial Advisor: ₹10 lakh+ per annum
11. Management Accountant
- Role: Management accountants assist in business decision-making by preparing financial reports, budgets, and forecasts. They also analyze performance metrics and provide financial insights to senior management.
- Salary Range:
- Fresher: ₹3 to ₹5 lakh per annum
- Experienced: ₹5 to ₹8 lakh per annum
- Senior Management Accountant: ₹8 to ₹12 lakh per annum
12. Bank Teller
- Role: Bank tellers process transactions for customers, including deposits, withdrawals, and money transfers. They also provide customer service and ensure the accuracy of financial transactions.
- Salary Range:
- Fresher: ₹1.8 to ₹3 lakh per annum
- Experienced: ₹3 to ₹4.5 lakh per annum
- Senior Teller: ₹4.5 to ₹6 lakh per annum
13. Bookkeeper
- Role: Bookkeepers record daily financial transactions, including sales, purchases, and payments. They maintain ledgers, ensure accuracy, and may assist accountants in preparing financial statements.
- Salary Range:
- Fresher: ₹1.5 to ₹2.5 lakh per annum
- Experienced: ₹3 to ₹4 lakh per annum
- Senior Bookkeeper: ₹4 to ₹5 lakh per annum
14. Bank Relationship Manager
- Role: Bank relationship managers maintain and grow relationships with clients, offering them personalized banking services. They are responsible for sales of financial products and services, such as loans, credit cards, and investment products.
- Salary Range:
- Fresher: ₹3 to ₹5 lakh per annum
- Experienced: ₹6 to ₹10 lakh per annum
- Senior Manager: ₹10 lakh+ per annum
15. Financial Controller
- Role: Financial controllers manage the financial operations of a company, including overseeing accounting teams, ensuring compliance with financial regulations, and preparing financial statements for senior management and stakeholders.
- Salary Range:
- Fresher: ₹4 to ₹6 lakh per annum
- Experienced: ₹7 to ₹12 lakh per annum
- Senior Controller: ₹12 lakh+ per annum
16. Investment Analyst
- Role: Investment analysts research financial markets and investment opportunities to help companies or individuals make investment decisions. They analyze stocks, bonds, mutual funds, and other investment options.
- Salary Range:
- Fresher: ₹3 to ₹5 lakh per annum
- Experienced: ₹5 to ₹8 lakh per annum
- Senior Analyst: ₹8 to ₹12 lakh per annum
17. Credit Analyst
- Role: Credit analysts assess the creditworthiness of individuals or companies, analyzing financial data to determine the risk associated with lending money or issuing credit.
- Salary Range:
- Fresher: ₹3 to ₹4 lakh per annum
- Experienced: ₹5 to ₹7 lakh per annum
- Senior Analyst: ₹7 lakh+ per annum
Conclusion
Graduates of a Professional Diploma in Financial Accounting have a wide range of career options in accounting, finance, auditing, and financial planning sectors. The salary range varies significantly based on experience, specialization, and the size of the organization. Fresh graduates can expect to start at lower salary levels, with significant growth potential as they gain experience and move into managerial or senior roles. Industries such as banking, finance, insurance, and corporate sectors offer lucrative opportunities for skilled financial professionals.