The completion of Plus Two Commerce can give you multiple career opportunities, but those individuals who want to make their careers in accountancy and finance tend to search for such courses that give them an understanding of finance along with practical work experience. One such course that should be seriously considered is CAFM (Certified Accountant & Finance Management), which is being provided by MerchX Institute of Commerce located in Manjeri, Kerala.
While a theoretical finance course doesn’t have much value, the CAFM programme provides you with an amalgam of accountancy and finance along with software knowledge, taxation and practical assignments. It is composed of one year of theoretical study followed by two years of internship and industry training.
After Plus Two Commerce, students can choose different academic and professional pathways depending on their interests and career goals. Those interested in numbers, business operations, taxation and financial management may consider an accounting or finance-focused career.
A practical accounting and finance programme can help students build skills that are useful in real workplaces, including:
Students aspiring to join an accounting and finance career with practical exposure may opt for a career oriented course like CAFM.
CAFM means Certified Accountant & Finance Management. In MerchX Institute of Commerce, CAFM program runs for a period of three years, which includes one year of classroom training and two years of industrial training. The CAFM program accepts applicants with the Plus Two qualification, whether from Commerce, Science, or Humanities.
The first year of the program includes acquiring knowledge of accounting, finance, computer software, and regulations. The subsequent years involve practical exposure to industrial environment.
This implies that the CAFM program will be useful for learners wishing to acquire practical accounting and finance skills along with their academic qualifications.
The CAFM curriculum covers accounting fundamentals, financial analysis, business software and taxation. According to the current MerchX programme information, students receive training in several tools and areas used in accounting and finance roles.
|
Area |
Skills / Tools Covered |
|
Accounting |
Financial statements, reconciliation and cash-flow management |
|
Accounting Software |
Tally Prime, Zoho Books and QuickBooks |
|
Data & Reporting |
Power BI and Advanced Microsoft Excel |
|
Business Software |
SAP Basics |
|
Taxation |
GST and Income Tax |
|
Compliance |
Practical compliance and tax-related processes |
|
International Finance |
Gulf VAT and GCC-related accounting concepts |
Learning accounting software alongside accounting concepts can help students understand how financial information is managed in actual business environments.
One of the important components of the CAFM programme is its industry training. After the classroom phase, students enter the internship component and work with partner organisations under the programme structure.
The programme page states that students can gain experience with areas such as:
Practical exposure can be particularly useful for students who want to understand how accounting concepts are applied outside the classroom.
CAFM is designed around accounting and finance-related career pathways. Depending on their skills, experience and future qualifications, graduates can explore roles such as:
The MerchX programme page also lists career pathways including Finance Manager, Chief Accountant, Financial Analyst and Tax Consultant. However, actual job roles depend on an individual's experience, skills, qualifications and employer requirements.
Students interested in working in the Gulf can also benefit from exposure to Gulf VAT, corporate tax concepts and GCC accounting practices included in the programme.
Accounting principles might be covered in the curriculum of commerce students; however, workplace accounting also includes the use of software and business practices.
As an illustration, an accountant could be required to handle accounting software, produce reports, reconciliations, GST rules and also create spreadsheets to organize financial information. Contemporary finance positions also require data analysis and business reporting.
Acquiring such practical skills will allow the students to comprehend how accounting and finance operate in a business environment. It becomes especially relevant for those students who wish to transition from academic life to an accounting or finance profession.
CAFM is one of the options to pursue in case a person wants to develop skills in accounting and finance following Plus Two Commerce in Kerala.
MerchX Institute of Commerce is situated at Manjeri, Malappuram, Kerala and offers a three-year CAFM program that blends classroom learning and industrial training experience. This program as per the information on the CAFM program page has a duration of three years out of which one year includes classroom learning while the rest two years include internship.
Students and parents can go through the details of the program along with eligibility criteria and admission process.
Explore the CAFM Programme at MerchX Institute of Commerce:
There is no single best career option for every Commerce student. Students should consider their interests and career goals. For those interested in accounting and finance, a practical programme such as CAFM can be one option to explore.
CAFM stands for Certified Accountant & Finance Management. At MerchX Institute of Commerce, it is a three-year programme combining classroom learning with two years of industry internship.
The MerchX CAFM programme is open to students who have completed Plus Two. The current programme information states that students from Commerce, Science and Humanities streams can join.
Students can learn accounting, financial reporting, taxation, accounting software and business data tools. The programme includes Tally Prime, Zoho Books, QuickBooks, Power BI, Advanced Excel and SAP Basics, along with GST and Income Tax-related training.
Career paths can include Accountant, Accounts Executive, Financial Analyst, Tax Consultant and other accounting and finance-related roles. The specific role available will depend on the individual's skills, experience and employer requirements.
Yes. The current MerchX programme structure includes one year of classroom learning followed by two years of internship and industry training.
