Global Finance and Accounting Program
A Certificate Program leading to a career in Finance & Accounting
About the program
The Global Finance and Accounting (GFA) program is a certificate level program for bright young graduates for an exciting career in Finance and Accounting. The prime objective of the program is to build a talent pool initially for the entire BPM industry all across India by identifying and equipping students with necessary skills for high productivity and performance. Students will learn about international accounting standards, processes and terminologies and making them competent in the skills required for Global Accounting.
The F&A (Finance and Accounting) domain is the largest component of the BPM industry and has three main areas of specialization:
1. R2R – Record to Report – The end to end financial process right from recording financial transaction to finalization of financial statements. The focus is on ensuring accuracy, compliance and delivering right information at the right time to the right person.
2. P2P – Procure to Pay – The end to end Procurement cycle right from identifying the right vendor, purchase of material or service to completion of payment. The focus is on ensuring efficiency in procurement, and accuracy in the payment process.
3. O2C – Order to Cash – The end to end process of receiving and fulfilling customer requests for goods or services to receiving payment. The focus is on ensuring efficiency in customer order management and getting timely payments into the business.
BPM (Business Process Management) industry is on the rise growing at the rapid rate 15% per year and requiring about 1,20,000 people every year. The need for qualified, trained and skilled manpower is at an all-time high. The BPM industry needs professionals with good inter-personal skills, who are not only competent in fundamentals of Finance and Accounting but also are good at communication, business etiquette and professional skills.
The program has been designed exclusively for graduates seeking a fast moving career in Global Accounting and Finance. The objective of this program is to provide practical global accounting knowledge and building competence to secure an F&A career in the BPM industry.
The below topics are the broad coverage for the program
* Candidates have to open for 24*7 working environment
The selection process for the program will be in three phases and shall be conducted by IFBI
The student will be provided with a program selection letter on clearing all the screens
Program Duration & Schedule
The program duration is 208 hours consisting of classroom contact for five/six days in a week
In addition to the formal classroom sessions, students may be required to participate in Assignments, Self-paced e-learning, and other reference work.
Evaluation and Certification
The classroom teaching phase of the course is evaluated through online test, classwork evaluation, assignments and projects. To qualify for the award of the Course title, candidate should have scored have cleared the minimum standards classwork phase. Tests during the classwork phase are administered online. Opportunity is also given to the student to improve their performance in the tests.
The program exit assessment will be conducted by NIIT and will be in line with the recruitment methods adopted by the BPM industry.
On successfully clearing the post program assessment, candidates will be provided with placement assistance.
Fee & other Key Terms & Conditions