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Professional Training Institute for Finance and Accounts & Business English

Professional Training Institute for Finance and Accounts & Business English. 9700002003. Reality vs Challenges India Produces around 30 lakhs graduates and 7 lakhs postgraduates every year. Commerce students have limited career options – CA, CS, ICWA as Professional Courses.

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Professional Training Institute for Finance and Accounts & Business English

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  1. www.esfa.co.in Professional Training Institute for Finance and Accounts & Business English 9700002003

  2. www.esfa.co.in • Reality vs Challenges • India Produces around 30 lakhs graduates and 7 lakhs postgraduates every year. • Commerce students have limited career options – CA, CS, ICWA as Professional Courses. • Despite the capabilities and required skills most of them are unemployed or under waged. • No focus on skill development and enhancement. • Employed in non-core areas like operations, administration; HR etc . • Once they get entrenched in jobs they are completely utilized as a multi-tasking person. • Generalist (doing all work )at low salary working in all the departments. • Most of the students fail to pass CA and other courses and land up in no man’s land. 9700002003

  3. www.esfa.co.in Banking, Financial Services and Insurance • Banking, Financial Services and Insurance (BFSI), together account for 38 per cent of India's outsourcing industry (worth US$ 47.8 billion in 2007) -NASSCOM • BFSI to India is expected to grow at an annual rate of 30-35 per cent. • India’s Second Hot Industry in Creating Job Opportunities – 10 Lac Manpower Requirement in the next Five Years . • Banking include Core Banking, Retail, Private, Corporate, Investment, Cards. • Retail Financial Services in NBFCs such as Personal Loans, Business Loans, Home Loans, Working Capital Funding etc. • Wealth Management Services such as Investment through Stocks, Mutual Funds, Fixed Deposits. • Insurance covers both Life and Non-Life. 9700002003

  4. www.esfa.co.in How to grow further – is a challenge! In the Current Scenario Chief Accountant 5-7 Years Accounts/Finance Officer 3-5 Years Accounts/Finance Assistant 2-3 Years Accounts/Finance Clerk 2-4 Years Trainee/ Junior Clerk 9700002003

  5. www.esfa.co.in Challenges after Graduation • Competition among the student community in the academic career. • The growing complexity of global trade, changes in laws and regulations, followed by complex financial instruments. • Experience, ability, and leadership are emphasized for promotion. • Financial management being so important to efficient business operations. • Well-trained, experienced financial managers, are prime candidates for promotion to top management positions. • Continuous learning and development is mandatory in career advancement. • Those with extensive experience and access to sufficient capital may start their own firms. • English as a communicating Language grow up personally as well as professionally 9700002003

  6. www.esfa.co.in • ESFA helps students to develop Finance , Accounting and Communication skills thru their strategic partnership with London Chamber of Commerce & Industry, UK: • Integrate financial concepts and policies into a practical use in a job situation. • Integrating various components conceptually & applying them as would be in a practical situation. • Awareness to Computerized Accounting , combining it with necessary accounting processes that happen in an ideal business environment. • Sensitizing students to the International Accounting norms & concepts thereby preparing for the convergence to International Accounting by Indian Companies from 2011 onwards. • At the higher levels in the Accounting Program module, makes the students in understanding & analyzing the various costs incurred in business. • Helps students to take many situational decision-making processes. • Contd…. How Could ESFA transform Finance and AccountingStudents into Successful Professionals? 9700002003

  7. www.esfa.co.in • ESFA ensures 100% Placement Support. • ESFA also has a strategic tie –up with Banks & Financial Institutions for Students Loan Assistance. • Courses offered at various levels to suit the candidate profile & are short-term in nature, supplementing & complimenting their current academic curriculum. • Focus is given on the knowledge required to perform a given job , rather doing elaborate courses which are time consuming & difficult in nature. • Overall the objective is to create a practically oriented entry level Finance/Business Accountant job without having to go through the long process of on-the-job training in an organization, thereby making the candidates more attractive to employment. • Accreditations & Recognitions from various global professional bodies & universities. • Opportunities for the students to study & employment abroad. How Could ESFA transform Finance and AccountingStudents into Successful Professionals? 9700002003

  8. www.esfa.co.in Current Career Path of Finance & Accounts Jobs Assistant Accountant Finance/Account Officer Finance/Account Assistant UG and PG 1st , 2nd and 3rd year Non-Financial Background Students with UG qualifications Finance/Account sClerk Junior Clerk Pre-Degree Commerce AccountsTrainee 9700002003

  9. www.esfa.co.in LEARN ” FINANCE & ACCOUNTS ” FROM through 9700002003

  10. www.esfa.co.in A Brief about ESFA • Pioneering effort in Finance and Accountancy Skill Development for the first time in India from ESFA • Emerge School of Finance and Accounts (ESFA) is a pioneering Skill Development and Professional Educational wing of Emerge Learning Services Ltd, headquartered in Chennai • Esfa’s objective is to provide higher learning opportunities and educational courses in the field of Finance, Accountancy and Business English from globally recognized Institutions there by enabling students a glorious Career Path and Career Growth • Esfa in collaboration with London Chamber of Commerce and Industry, (LCCI),UK is launching various courses in Finance, Accountancy and Business English. London Chamber of Commerce and Industry (LCCI) is an organization that is over 100 years old and whose certifications are recognized in about 120 countries. • These are employment oriented Certified courses enabling students to take any sort of challenge in today’s business & competition. • The roadmap for the students would not only be employment opportunities on successful completion of courses but also enablement of route to higher studies or placement abroad if the student so desires. Pioneering effort in Finance and Accountancy Skill Development for the first time in India from ESFA • contd…. 9700002003

  11. www.esfa.co.in A Brief about LCCI London Chamber of Commerce & Industry, UK is more than 100 years old. It was established in the year of 1887 and is the world’s largest International Vocational programme today and present in over 120 countries. The certificates and Diploma Programme of LCCI have been recognized and respected by Employers, Governments, Universities & Professional Bodies worldwide. LCCI is a leading global awarding educational body in UK, accredited by British Government and works closely with all Ministries Globally. Internationally LCCI offers wide range of International Qualification specializing in Finance, Accounts & English language. Over 2,50,000 Candidates are awarded Certificates every year. In Asia, LCCI centers are in major cities such as India, Singapore, Hong Kong, Kuala Lumpur, Beijing, Shanghai and many other Asian countries 9700002003

  12. LCCI FQQ Courses Certificate in Book-Keeping (Level 1)Certificate in Book - Keeping and Accounts (Level 2)Certificate in Accounting (IAS) (Level3)Financial Accounting/Financial Accounting IAS (Level 4)Cost Accounting (Level 2) Cost Accounting (Level 3)Management Accounting (Level 3) www.esfa.co.in 9700002003

  13. www.esfa.co.in LCCI EFB courses English for Business (preliminary level)  English for Business (level 1)English for Business (level 2)English for Business (level 3)English for Business (level 4)  9700002003

  14. www.esfa.co.in What is International Financial Reporting Standards ? What is International Financial Reporting Standards? ? International Financial Reporting Standards (IFRS) is a set of accounting standards, developed by the International Accounting Standards Board (IASB) for the global standardization of the preparation of public company financial statements. Worldwide Adoption of IFRS  By April 2011 more than 150 countries are expected to adopt International Financial Reporting Standards (IFRS) including countries like India, China, Brazil, and South Korea. It is under practice that many nations developed their own local Generally Accepted Accounting Principles (GAAP). As IFRS convergence will entail a change in the accounting process, industry will need finance professionals updated on IFRS skills. IN INDIA The Institute of Chartered Accountants of India (ICAI) has announced that IFRS will be mandatory in India for financial statements for the periods beginning on or after 1 April, 2011. This will be done by revising existing accounting standards to make them compatible with IFRS. Reserve Bank of India has stated that financial statements of banks need to be IFRS-compliant for periods beginning on or after 1 April, 2011s 9700002003

  15. www.esfa.co.in Accreditations & Recognition by Professional BodiesAssociation of Chartered Certified Accountants (ACCA) Association of International Accountants Chartered Institute of Management Accountants Chartered Institute of Marketing Chartered Institute of Personnel and Development Chartered Institute of Purchasing and Supply Institute of Administrative Management Institute of Financial Accountants Institute of Public Relations Institute for Professional Administrators Institute of Sales and Marketing Management International Association of Bookkeepers 9700002003

  16. www.esfa.co.in Recognition by Corporate ABBBASFBAYERBMWBOSCHBRITISH NUCLEAR FUELS LTDBRADFORD&SONS LTDDAIMLER CHRYSLERDEUTSCHE BANKERNST&YOUNGFEDERAL EXPRESSGLAXOSMITHKLINEHEWIETT PACKARDIBMKPMGLUFTHAHANSAMARCO POLOMOTOROLAORACLETHE ROYAL BANK OF SCOTLANDUNILEVERVOLKSWAGEN 9700002003

  17. www.esfa.co.in Career Path with FQQ Continuous Education Path LCCI IQs FQQ Employment Path *Financial Accounting (IAS) Level 4 Cost Accounting Level 3 Management Accounting Level 3 Certification in Accounting (IAS) Level 3 Assistant Accountant Finance/Account Officer Finance/Account Assistant UG and PG 1st , 2nd and 3rd year Non-Financial Background Students with UG qualifications Junior Finance/Accounts Clerk Certification in Book Keeping and Accounts Level 2 Book Keeping Level 1 Pre-Degree Commerce Accounts Trainee *Only on completion of UG /PG with LCCI IQs Growth/Promotion 9700002003

  18. www.esfa.co.in 18 9700002003

  19. www.esfa.co.in Value Added Benefits for Students thru LCCI IQ -FQQ • LCCIIQs develops candidates’ skills in applying “IFRS” which shall help them to earn premium salary. • Programs at par on IFRS standards which prepares candidate to work in Indian Companies, Foreign Companies in India. • Helps candidates to prepare themselves not only in Indian Companies but Globally as well. • Employment opportunities in companies recognized across the globe in finance, accounting, banking, insurance and related knowledge domains. • Affordable, Employable, Flexible and Comprehensive Courses . • Contd….. 9700002003

  20. www.esfa.co.in Value Added Benefits for Students thru LCCI IQ -FQQ • Worldwide Renowned Programs and Extensive Learning Services. • Suitable for Cross functional Working Professionals. • Skill Enhancement and knowledge up gradation through English Language certification to add more to value to your profession. • Practical courses-being most relevant to today’s business needs. • ESFA offers Free Tally course training with any of the LCCI courses . 9700002003

  21. www.esfa.co.in • Exemption for candidates completing Level 3 (IAS) & Level 4 Financial Accounting , Cost Accounting (Level3) from certain ACCA & CAT Modules. • Courses accredited by UK Qualification Regulatory -Level 3 Accounting and Level 3 Accounting (IAS) included on the UCAS tariff for entry into UK Universities from 2009. • UCAS , UK – A Higher Education Service Organization (Universities & Colleges Administration Service) - managing applications to higher education courses in the UK, used by more than 50,000 people every year. 21 9700002003

  22. www.esfa.co.in Value Added Benefits for Students thru LCCI IQ -FQQ Tally 9 ( ERP ) “ Tally for Computer Accounting ” Worth over Rs. 8500/- Is Completely FREE As our VALUE ADDED PACK • Tally Course Details:- • Tally.ERP 9 – • The latest evolution of the Tally series • A simple-yet-sophisticated business management software • Comprehensive capabilities • Training for 3 months • Training provided free with any of LCCI – FQQ course By ESFA Faculty • This training will be based on the selection of concerned courses; no. of hours of *FQQ is equivalent to Tally Training duration. *Financial Quantitative Qualifications 9700002003

  23. www.esfa.co.in Opportunities for Commerce ,Arts & MBA Students having LCCI FQQ By April 2011 more than 150 countries are expected to adopt International Financial Reporting Standards (IFRS) including countries like India, China, Brazil, and South Korea.As IFRS convergence will entail a change in the accounting process, industry will need finance professionals updated on IFRS skills. LCCIIQs develops candidates’ skills in applying “IFRS” which shall help them to earn premium salary. 9700002003

  24. www.esfa.co.in How your Career gets Enriched by ESFA ? • International Course Content • International Certifications • Placement Assistance by ESFA • Loan Assistance • Scholarship Programme 9700002003

  25. www.esfa.co.in LOAN ASSISTANCE PLACEMENT ASSISTANCE SCHOLARSHIP PROGRAMME 9700002003

  26. www.esfa.co.in CERTIFICATION • All Certificates are set by LCCI, London. • Questions are delivered to the examination centers across the world. All answer scripts collected at the end of each examination are sent to London where they are graded. • If a candidate is successful, the certification shall be issued by LCCI, London normally within 3 months from the end of the examination date. 9700002003

  27. www.esfa.co.in Who should apply for LCCI IQ Courses? • Target Profile- • Having passed LCCIIQs level 1 and 2 or possessing mandatory knowledge. • For students/professionals preparing to work in an Advanced Accountancy Role. • Work compliance- Statement of Standard Accounting Practice (SSPC) and • Financial Reporting Standard (FRS). • Any one who wishes to improve his/her skills in their area of languages/Finance & Accounts. • Anyone who wants to get trained & develop his/her practical knowledge for possessing effective employment • skills & increased employment opportunities. • Career Growth. • Ambition to go abroad for employment. • A graduate wanting to up-grade his professional expertise suiting to global environment. • As it is a passport to employment & is recognized by many institutions ,professional bodies in over 100 countries ,LCCI (IQ) would be of high interest to the following groups: • a. Pre-Degree Students • b. Graduates & Post-Graduates • c. MBA Students • d. Working Professionals 9700002003

  28. www.esfa.co.in LCCI IQ-English for Business 9700002003

  29. www.esfa.co.in • ESFA helps students to develop Communication skills for all students who enter into employment thru their strategic partnership with London Chamber of Commerce & Industry, UK: • Helps students to use the appropriate terminologies in an organization while communicating in a • business context. • A student may be academically strong but once he enters into the Corporate arena ,unless he/she is • good in presenting himself, ability in internal/external communication they cannot grow up the ladder. • Ability to use the language in a practical way in a Corporate at the entry level. • Develop the students in their basic linguistic ability. • Awareness to Corporate requirement of various business-related messages, communication, texts, etc. • Making the students to adopt themselves to the form, contents & composition to the requirements of a • Corporate. • …. How Could ESFA transform Students into Successful Professionals? 9700002003

  30. www.esfa.co.in • Helps students to make an extempore oral presentation on a business related topic. • Overall our objective is to empower students to work efficiently in Corporate and the world at large. • ESFA ensures 100% Placement Support. • ESFA also has a strategic tie –up with Banks & Financial Institutions for Students Loan Assistance. • Courses offered at various levels to suit the candidate profile & are short-term in nature, supplementing & complimenting their current academic curriculum. • Accreditations & Recognitions from various global professional bodies & universities. 9700002003

  31. Current Career Path Executive Assistant Administrative Manager Secretary Functional Skills Communication Skills Personal Assistant Junior Executive 3-5 Y 0-3 Y 5-8 Y 8-10 Y 10 - 12 Y www.esfa.co.in 9700002003

  32. www.esfa.co.in Career Path with LCCI IQ -EFB Employed/ Unemployed People English For Business Employment Path Executive Assistant Level 4 Administrative Manager Secretary Administrative Manager Level 3 Level 2 Secretary Personal Assistant Junior Executive Graduates Preli&Level1 9700002003

  33. www.esfa.co.in ESFA CENTERS IN CHENNAI ESFA – Annasalai Centre 624,Anna Salai, 2nd Floor, Khivraj Complex, Anna Salai Chennai-600006 Ph : 044 – 28292914Mail id : mountroad@esfa.co.in ESFA – Triplicane Centre # KNR Building, Bharathiar Salai, Triplicane Chennai-600005 Ph: 044 – 28440404Mail id : triplicane@esfa.co.in Other Branches in TN Tuticorin & Trichy 9700002003

  34. www.esfa.co.in ESFA CENTERS IN AP ESFA – CHANDRALOK COMPLEX, 2nd Floor, SD Road, PARADISE , SECUNDERABAD-039700002003 ESFA – SWARNALOK COMPLEX GOVERNORPET, VIJAYAWADA. www.esfa.co.in 9700002003

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