Diploma in Accounting and Finance Jobs, Scope, Salary in India
Diploma in Accounting and Finance jobs are available for graduates in a wider and diverse variety of roles. Job opportunities exist for graduates in both the private and public sectors. After graduation, a Diploma in Accounting and Finance jobs include Book-Keeping Clerk, Billing Clerk, Tax Accountant, Financial Advisors, Financial Assistant & Accountant, Financial Consultant, Chief Financial Officer, Certified Public Accountant, Finance Managers etc.
Career Prospects and Job Scope for a Diploma in Accounting and Finance Graduate
Jobs for the course graduates are available to students at ease. A student can easily map their Diploma in Accounting and Finance course as per their future aspirations. Listed below are some of the popular jobs after the Diploma in Accounting and Finance that graduates undertake:
- Bookkeeping Clerk
- Billing Clerk
- Cashier
- Tax Accountant
- Financial Advisors
- Financial Assistant and Accountant
- Financial Consultant
- Chief Financial Officer
- Certified Public Accountant
- Finance Managers
Areas of Recruitment for Diploma in Accounting and Finance
Students pursuing a Diploma in Accounting and Finance course are not limited to their specific areas of study after graduation, resulting in a diverse job market. There is numerous Diploma in Accounting and Finance Jobs available for graduates in both the private and public sectors. Some of the recruitment areas are administrative, Accounting, finance, and business development.
- Indian Civil Services
- Customs Departments
- Insurance Industry
- Economic Consulting Jobs
- Indian Statistical Services
- Banking Sectors
- Import/Export Companies
- Economic Consulting Firms
- Indian Economic Services
Diploma in Accounting and Finance Salary
The Diploma in Accounting and Finance salary for the graduates can differ according to the specialisation that the aspirants decide to pursue. Other factors which can affect Diploma in Accounting and Finance Salary in India include experience, location, and specialisation. Graduates can increase their salary by doing internships and work placements as it would add to their experiences.
Diploma in Accounting and Finance Salary in India
The average Diploma in Accounting and Finance Salary for graduates is around INR 2 - 6 LPA [Source: PayScale]. The table below shows the salary breakdown of Diploma in Accounting and Finance Graduates in India:
| Diploma in Accounting and Finance Salary | Amount |
| Highest Salary | INR 6 LPA |
| Lowest Salary | INR 2 LPA |
| Average Salary | INR 3 LPA |
Source: Glassdoor
The table below contains the list of Diploma in Accounting and Finance Job profiles and their average salaries per annum:
| Designation | Salary |
| Certified Public Accountant | INR 6.8 LPA |
| Bookkeeper Clerk | INR 2.8 LPA |
| Billing Clerk | INR 2.4 LPA |
| Cashier | INR 3 LPA |
| Tax Accountant | `INR 3.8 LPA |
Source: Payscale
Diploma in Accounting and Finance Salary Abroad
A Diploma in Accounting and Finance Graduate's annual salary in India is around INR 2 -6LPA, according to PayScale. A Diploma in Accounting and Finance Is one of the most popular courses globally, making it an appealing option for Indian students. The table below contains a list of job profiles available in other countries and the corresponding annual salaries.
| Job Profile | Salary |
| Account Manager | USD 56,913 |
| Staff Accountant | USD 52,492 |
| Bookkeeper | USD 44,816 |
| Accounting Clerk | USD 40,320 |
| Billing Manager | USD 58,804 |
| Billing Clerk | USD 39,927 |
Source: Payscale
Career Scope of Diploma in Accounting and Finance
A Diploma in Accounting and Finance is one of the most diverse degree programmes in terms of multidisciplinary employment opportunities and the breadth of higher education available to graduates.
Depending on their graduation grades and specialisation, students will find a relevant job in their field or a suitable course for further education. Physiology has a very broad scope, regardless of whether the graduate chooses to work or further their education.
Career Options after Diploma in Accounting and Finance
There are several employment domains that Diploma in Accounting and Finance graduates can join immediately after graduation. The diploma in Accounting and Finance Is one of the most diverse courses regarding employment opportunities for graduates. The list of career opportunities available to the graduates is as follows:
- Cashier: Cashiers are in charge of processing and receiving payments in retail stores. One of the cashier's responsibilities is to work at the cash register (processing payments and issuing receipts). Customers are greeted and assisted with any questions they may have.
- Bookkeeper: Bookkeeper enters data, records transactions, tracks direct debit, and keeps and monitors financial records daily. They also pay bills, process payroll, file tax returns, and keep office supplies.
- Certified Public Accountant: CPAs examine financial records for their clients to prepare tax returns, create budget reports, and conduct audits. These accountants ensure that financial records comply with federal, state, and tribal laws and regulations.
- Billing Clerk: A billing clerk is responsible for creating invoices and credit memos, updating customer files, and sending invoices and payment reminders to customers. Customers are their primary point of contact outside of the business. Internally, they have an impact on the shipping and order entry departments.
Government Jobs for Diploma in Accounting and Finance Graduates
The salary for a Diploma in Accounting and Finance Job position varies depending on the aspirant's specialisation choice and employment sector. Diploma in Accounting and Finance Course jobs are also available in the government sector. Graduates can earn between INR 2.5 and 6LPA on average in Diploma in Accounting and Finance Jobs.
| Top Government Hiring Roles | Salary |
| Certified Public Accountant | INR 6 LPA |
| Bookkeeping Clerk | INR 3.8 LPA |
| Cashier | INR 3.6 LPA |
| Billing Clerk | INR 2.7 LPA |
Source: Payscale
Private Jobs for Diploma in Accounting and Finance Graduates
Students who do not want to work for the government can pursue a career in the private sector after earning a Diploma in Accounting and Finance. Students have a plethora of job opportunities in the private sector. The average salary for a Diploma in Accounting and Finance Job for graduates is around INR 2.53 LPA. The following are the job titles:
| Top Private Hiring Companies | Salary |
| Ahsen Export and Import | INR 4.9 LPA to 6 LPA |
| Universal Smart India Export and Import | INR 3.2 LPA to 6 LPA |
| Bain & Company | INR 3.1 LPA to 6 LPA |
| ICICI Pvt. Ltd. | INR 3 LPA to 6 LPA |
| HDFC Pvt. Ltd. | INR 2.8 LPA to 6 LPA |
Source: Payscale
Job Opportunities Abroad for Diploma in Accounting and Finance Graduates
Graduates with a Diploma in Accounting and Finance have a wide range of opportunities in the global job market. Because the training and information they receive are so specialised, there is a greater demand for those graduates than supply. The course is designed so that every student, regardless of specialisation, can find work in a foreign country.
Top Companies for Diploma in Accounting and Finance Graduates
Below is a list of the top international companies that hire Diploma in Accounting and Finance graduates:
- McKinsey & Company
- Bain & Company
- Boston Consulting Firm
- NERA Economic Consulting Group
- Frontier Economics Ltd.
- Deloitte
Best Countries for Diploma in Accounting and Finance Graduates
Below is the list of top countries offering job opportunities to Diploma in Accounting and Finance graduates:
- USA
- United Kingdom
- Japan
- UAE
- Qatar
- Hong Kong
- Kuwait
Various Career Designations Abroad for Diploma in Accounting and Finance Graduates
Here is the list of exciting job roles that attract Diploma in Accounting and Finance graduates to work abroad:
- Accountant
- Cashier/Teller
- Accounts Assistant
- Executive Assistant
- Finance Manager
