7 Best Financial & Accounting courses in Ghana

May 11
04:55

2023

Saurabh Tiwari

Saurabh Tiwari

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If you're looking for the best financial and accounting courses in Ghana, look no further! We've compiled a list of the 7 best courses available, so you can choose the one that's right for you.

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Finance and accounting are required in every field. Whether it's a small startup or an MNC,7 Best Financial & Accounting courses in Ghana Articles good finance and accounting is the fundamental need for any business, enterprise, or institution to run smoothly. Nhyira Premium licensed Partner in Learning for the Institute of Chartered Accountants – Ghana (ICAG)’s professional qualification program.

Bachelor of Commerce (B.Com) in Accounting and Finance

Bachelor of Commerce in accounting and finance is an undergraduate course. In this course, the basics of Accounting and Finance are taught. Admission to this course is merit-based. Different institutions have different criteria for admission to the course. Some institutions have entrance exams. This course has several merits, including:

Employment

Financial and accounting knowledge is required in every field. Personnel with knowledge of finance and accounting are in high demand in the employment market.

Good salary

Due to heavy demand in this sector, there are many good-paying jobs for people with financial and accounting knowledge and certifications.

Scope

This course provides a lot of scopes as it's used in every field be it MNCs, small scale industries, start-ups, or organizations.

Wide range of opportunities

The course opens the doors to a wide range of Opportunities from management, HR, or supervision. It also has plenty of opportunities to apply for jobs abroad and not only in Ghana.

Masters of Commerce (M.Com) in Accountancy and Finance

Masters of Commerce in accountancy and finance is a two years postgraduate course. This course is a detailed course in finance and accounting and mainly focuses on specific topics such as financial planning, economic theory, and banking systems and policies.

The jobs after this course are very well paying because this is a detailed course about a specific subject. The main recruiters are usually Investment firms, Banks, Customs departments, Insurance Industry, and Import/Export Firms. The eligibility criteria for the course depend from institution to institution. Some of the institutions take merit-based admissions while some take entrance exams. This course provides many opportunities within and outside Ghana.

Chartered Accountant (CA)

A chartered accountant involves responsibilities such as accounting, auditing, taxation, and financial assessment of a company or organization. To become a chartered accountant in Ghana, one needs to follow three main steps.

High school education

Secondary education is the first and foremost step towards becoming a chartered accountant. Make sure to take subjects that focus on finance and accounting. You must pass your three core and three elective subjects with a minimum credit pass at the O' level.

Tertiary education

It's important to have a tertiary education in order to enroll in accounting courses because these courses have Accounting subjects in the syllabus. If the subject is not included in your tertiary education, you can give a professional examination.

Accounting certification

The last step is to get a professional Accounting certification. One can enroll in short-term or full-time professional courses according to one's requirements.

Association of Chartered Certified Accountants (ACCA)

This course is very similar to a chartered accountant. The Association of Chartered Certified Accountants (ACCA) is a United Kingdom-based course.

This course requires, like all others, basic knowledge of finance and accounting. To take this course, one has to clear thirteen exams. And then there's a three-year training period to complete the course.

This is a global degree, and the person completing the course gets elite and high-paying jobs from all over the world and not only in Ghana.

US Certified Public Accounting (CPA)

US Certified Public Accounting is also an Accounting course, but it's a US-based course. People who have a bachelor's degree in accounting and finance can apply for the course. The course has three levels, i.e., level 1, level 2, and level 3. The course is completed after one has completed and passed all three levels, respectively.

This course is also a global course with job opportunities all over Ghana and other countries. The course helps people get high-paying jobs all over the globe.

Diploma in Accounting

A diploma in Accounting is a two years course that specializes in fundamental knowledge about finance and accounting techniques. These skills are required in every field. This course gets one job as a Bookkeeper, Account Manager, Accounting Clerk, Payroll Officer, Tax Specialist, and Financial Analyst

To be eligible to take this course in Ghana, one must have a senior secondary education certification and a general/tertiary level of education certification.

CMAA (Cost Management Accounting) Course

Cost management accounting courses focus on managing finances, profits, and expenses for a company or organization. This course provides great job and exposure opportunities in the field of management.

Financial management skills are in high demand in Ghana as well as in other countries. It's a course that provides high-paying jobs more than any other field.