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You are here: Home / accounting / Accountancy courses and study options in Sri Lanka

Accountancy courses and study options in Sri Lanka

February 4, 2013 By Hiran Leave a Comment

    What is accountancy and accounting career?

    Accountancy is the practice of recording, classifying, and reporting on financial transactions for a business. It is a profession that concerns itself with day-to-day operation of a company. Accountants balance the books, tracks expenses and revenue, execute pay roll, and pay the bills. Issues related to mobilizing capital, fund raising, budgeting financial projects etc. are negotiated by the finance department of the company.



    Types of Accounting mainly include Financial. Management, Governmental, Tax, Forensic, Project and Sustainability Accounting.

    Accounting jobs are available in all sectors of business such as advertising, banking, manufacturing, media, public service, finance consultancies etc.

    Career pathway from O/L to become accountant - Study Options in Sri Lanka
    accounting

    1. Accounting as a subject in GCE A/L/ Or Follow Science or Arts stream

    You can select Accounting as a subject in GCE Advanced Level
    https://studentlanka.com/2007/12/10/subject-options-for-gce-advanced-level/

    However many students who followed Advanced Level in Science stream have entered in Accounting profession without any difficulty.

    2. Obtain a Professional Accounting Quantification

    Many students became accountants by following courses and obtaining a professional qualification.

    AAT - You can start with AAT Association of Accounting Technicians, examination after your GCE O/L examination:
    https://studentlanka.com/2013/01/14/aat-quide/

    CA Sri Lanka - If you have 3 Simple Passes from the G.C.E. Advance Level any stream of study, then you can follow Institute of Chartered Accountants of Sri Lanka Courses and become a Chartered Accountant.
    https://studentlanka.com/2013/02/06/institute-of-chartered-accountants-of-sri-lanka-a-quick-guide/

    ACCA - This gives you a British Chartered Accounting qualification.

    CIMA - Another very popular option among students after A/L and those who follow degrees is to do CIMA Chartered Institute of Management Accountants course in Sri Lanka. Many students in Sri Lanka follow these courses and obtain internationally recognized British qualification.
    https://studentlanka.com/2010/02/03/cima-chartered-institute-of-management-accountants-course-in-sri-lanka-a-quick-guide/

    3. Degree and MBA s

    As accountancy is a professional field. obtaining a professional qualification will place you academic qualification similar to a degree from a recognized university.

    However National Universities in Sri Lanka (Sri Jayewardenepura, Colombo, Peradeniya, Ruhuha, Sabaragamuwa, Eastern, Rajarata, Wayamba, Jaffna) offer degree programs in Accounting under Management Faculties. However you need a good Z-score to get this free education option in Sri Lanka.

    Higher Education Institutes that offer Accounting Degree Programs

    University of Ballarat Sri Lanka Study Centre

    113, Habitat House, Dutugemunu Street, Kohuwala

    0112815255

    0112814313

    Graduate Institute of Science & Management (GISM)

    550, Old Kottawa Road, Udahamulla, Nugegoda

    0112811914

    0112835935

    Royal Institute of Colombo

    189 Havelock Road, Colombo 05

    0112556329

    0112592747

    Cosmopolitan College of Business & Technology (CCBT)

    502, R. A. De Mel Mawatha, Colombo 03, Sri Lanka

    0112559855

    0112559844

    Mercury Institute of Management

    376, Galle Road, Colombo 03

    0112370643

    0112370644

    MBA - After professional qualification or degree you can get MBA (Master of Business Administration). There are many national and private universities and higher education institutes offer MBA programs.
    https://studentlanka.com/2010/06/15/mba-degree-programs-in-sri-lanka/

    You can also read our related post on https://studentlanka.com/2010/09/10/educational-pathways-in-business-management-marketing-and-accounting/

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