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Showing posts from July, 2018

Cost and Management Accountancy

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Swati Salunkhe talks about the field of Cost and Management Accountancy. Cost accounting is a type of management accounting. It is a specialized area of expertise concerned with analyzing the costs of products manufactured or sold by a company. In order for a corporation to be profitable, it’s critical to understand the precise costs associated with a product and use that information to set appropriate prices. Cost accountants do just that and are therefore vital to overall financial decision-making. To get into this field one needs to be a class 12th student be it from any stream. After class 12th one needs to clear foundation, intermediate and final levels. But it also goes with its grilling process that is one need to also gain 3 years practical application too. It is a professional course so the professional body which was formally known as ICWAI (Institute of Cost and Work Accountants of India or ICMAI (Institute of Cost and Management Accountants of India). Students who have

Entrance exams for study abroad

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This video covers all entrance exams required to be taken for admission to Universities. Firstly about the English Language Proficiency Test i.e. IELTS and TOEFL. IELTS (International English Language Testing System) & TOEFL (Test of English as a Foreign Language) are the two widely accepted language test across countries, universities, and employers. This video gives a basic idea about the test, the paper pattern, the modules, the fees, the duration & scoring, mode of registrations etc required for the above test. SAT (Scholastic Aptitude Test) is required to be taken by students who wish to pursue undergraduate studies in USA and Canada. GRE ( Graduate Record Examination) is required for admissions into a Masters / Ph.D. program in fields other than management. GMAT (Graduate Management Admission Test) is required for admission into an MBA program. Detailed information about the entrance exams (like the website, validity of scores, duration of the test,