Diploma In Accounting Management [DAM] - Admissions, Eligibility, Course, Syllabus, Top Colleges

A one-year diploma degree in accounting management (Diploma in Accounting Management Course) is available to students who have finished their 12th grade from a recognised board of education. It is a course in the field of accounting and finance. Students who are interested in financial management can usually take this subject after 12th grade. All across the course, students will learn about the processes of financial information recognition, assessment, acquisition, research, processing, interpretation, and presentation. Marketing Organization and Methods, Industrial Relations and Personnel Management, Advanced Management Techniques, and many more topics are covered.

This 1-year diploma degree in accounting management is offered by a number of colleges in India. The diploma course is also available in an online or distance learning format. However, the costs of this course are not prohibitive; on average, the costs of this diploma course range from INR 1,000 to INR 8,000. Public colleges may have different fees than private colleges.

Accounting Management Diploma Students are admitted based on their merit marks in their prior higher qualification degree. They must, however, have completed Intermediate from a recognised board. 

Students with a Diploma in Accounting Management can work in a variety of industries, including insurance companies, multinational corporations, and the Internal Revenue Service, among others. They can work as accountants, auditors, finance managers, accounts executives, teachers, and lecturers, among other professions.

A Diploma in Accounting Management pays between INR 2,00,000 and INR 5,00,000 per year on average. If they desire to acquire a master’s degree in the discipline of accounting management, they can still enrol in a post-graduate programme such as an MBA.

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Diploma in Accounting Management Overview

Course Name	Diploma in Accounting Management
Course Type	Diploma
Eligibility Criteria	Finished Class 12 or equivalent in a relevant discipline from a recognised board
Duration	1 year
Admission	Based on the results of the Class 12 exams.
Average college fees	1,000 to 10,000
Best Job Profiles	Internal Auditors, Forensic Accountants or Fraud Investigators, Insurance Agents, Accounting Managers, Financial Analysts, Financial Managers, Forensic Accountants or Fraud Investigators,  Finance Managers, Accountants, and so on.
Recruiting Places	Schools/universities, government bodies, insurance firms, banks, and multinational corporations, among others.
Average Annual Salary	INR 1,80,000 to 5,00,000
Leading Recruiting Companies	Government offices, multinational corporations, and so forth.

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What exactly is a Diploma in Accounting Management?

Students taking this course will have an understanding of how the accounting management system operates. Students learn about how companies’ accounting functions properly, how they manage their resources,  financial analysis such that tax benefits can be realised, and other topics. Human resource management, tax assessment, organizational relations, professional management strategies, finance, accounting, and other topics are covered in a one-year diploma programme in accounting management.

After finishing this course, students will have a wide range of financial and accounting abilities. As a result, learning this expertise will benefit you significantly in your career.

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Eligibility Criteria for a Diploma in Accounting Management

Students for admission to the Diploma in Accounting Management programme must meet various minimal requirements, some of which are listed below.

• To be considered for the Diploma in Accounting Management course, a candidates should have passed their Intermediate or any other equivalent test from a recognised academic institution.
• In order to be eligible for this course, they must have Mathematics as one of their required subjects on their high school qualifying exams.
• The minimum percentage of marks necessary for admission varies by institute.

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Admissions Process for a Diploma in Accounting Management

The Accounting Management Diploma Admissions are usually based on a student’s Class 12 marks. The following are some of the most crucial aspects of this course’s admission.

• In general, there is no such thing as a common admission examination for this degree. Various  colleges and institutions, on the other hand, may organise their own entrance exams.
• Several colleges and institutes require candidates to take a general aptitude test before admitting them.
• A group discussion and a personal interview with college administrators may be part of the Aptitude Test.
• For further information about obtaining admission to the course, a candidate could check the college’s website or pay a visit to the college’s campus.
• Most of the time, if you pass the cutoff, you will be invited to an interview. Some colleges and institutes do not require and if the candidate is chosen, they must submit their application to the designated college in order to be admitted to the Diploma in Accounting Management programme.

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Duration of the Diploma in Accounting Management 

The diploma programme in accounting management lasts one year. There are two semesters in a year, for each semester spanning around six months.

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Entrance Exams for the Diploma in Accounting Management

Only a few universities provide admission to Diploma in Accounting Management programmes based on a candidate’s entrance exam performance. For additional information about the entrance tests, students should go to the college/official university’s website.

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Strategies for Getting into Top Colleges with a Diploma in Accounting Management

Good marks and a great performance in the interview are required for admission to top Diploma in Account Management Colleges. The following are some strategies for getting into top colleges.

• To be admitted to the Diploma in Accounting Management programme, students must have a high score on their 10+2 or equivalent test. This is due to the fact that admission is mostly based on merit, because there is no such entrance exams.
• In their Intermediate level or comparable exams, students must have Mathematics as one of their compulsory topics.
• For the selection procedure, various universities have their own cutoff marks. The majority of the time, it is above 50%.
• The majority of colleges and institutes have online registration on their own websites. Accurately assess that the site’s application form is completed in time for admission.
• Make note of the university admissions process where you applied for admissions.
• If the college to which the application is being made is having an entrance examination, students must pass it in order to be admitted to this degree.

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Diploma in Accounting Management Course Syllabus

Investing	Tax Planning and Management
Advanced Management Techniques Forensic Accounting	Industrial Relations and Personnel Management
Management Accountancy	Accounting Information Systems
Economic Planning and Development	Advanced Accounting/Auditing
Marketing Organisation and Methods	Managerial Accounting
Forensic Accounting	Financial Accounting

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Diploma in Accounting Management Colleges

Name of the Institute	Average Course Fee
All India Institute of Public and Physical Health Sciences, New Delhi	INR 4,000
Vedantsri Welfare Network of Institutions, Durgakund	INR 5000
Mahaveer Open University (VMOU), Kota	INR 1600

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Future Prospects for a Diploma in Accounting Management

Because the Diploma in Accounting Management is a diploma programme, there are numerous higher education options and future opportunities available to students who complete it. A few of them are listed below.

• Candidates who have already completed a Diploma in Account Management are eligible to participate in BCom and MCom courses at the undergraduate and postgraduate levels, respectively.
• Students can pursue a variety of different degrees after completing the Diploma in Accounting Management programme, such as BCom, MCom, and so on. These degree programmes will benefit them in the future.
• Students can pursue a variety of different degrees after completing the Diploma in Accounting Management programme, such as BCom, MCom, and so on. These degree programmes will benefit them in the future.

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Job Opportunities with a Diploma in Accounting Management

Accounting Management Diploma Students with relevant expertise in this sector will almost certainly be hired. They can choose this course as a career option because it offers a variety of alternatives.

Some of the job options for candidates are listed below, together with their average salaries.

Areas of Work	Job Profile	Average Salary
Income Tax Agencies	Advisor	–
Insurance Agencies	Personal Tax manager	INR 4,00,000
Finance Companies	Finance Analyst	INR 3,50,000
Private Bank	Accountant	INR  5,00,000

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Relevant Links
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Diploma in Accounting Management FAQs

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