Post Graduate Teacher Accountancy

Educational Requirements

Education Requirements for Becoming a Post Graduate Teacher (PGT) in Accountancy

To become a Post Graduate Teacher (PGT) in Accountancy in India, you need a specific set of qualifications. Here’s a detailed breakdown:

Bachelor's Degree (B.Com):
- A Bachelor's degree in Commerce (B.Com) from a recognized university is the foundational requirement.
Master's Degree (M.Com):
- A Master's degree in Commerce (M.Com) with Accountancy as a major subject is essential. The M.Com degree should be from a recognized university.
Bachelor of Education (B.Ed):
- A Bachelor of Education (B.Ed) degree is mandatory. This degree equips you with the pedagogical skills necessary for teaching.
- Some institutions may accept a B.Ed degree with Accountancy as a teaching subject.
Qualifying the Teacher Eligibility Test (TET) / Central Teacher Eligibility Test (CTET):
- Passing the TET or CTET is often required for teaching positions in government schools. CTET is usually required for central government schools like KVS and NVS.
Additional Qualifications (Desirable):
- A Ph.D. or M.Phil. in Commerce can be an added advantage, especially for higher-level teaching positions or promotions.
- Experience in teaching accountancy at the senior secondary level can also be beneficial.
Key Points to Note:
- Recognized University: Ensure all degrees are from UGC-recognized universities.
- Minimum Percentage: A minimum percentage (usually 50% to 55%) in both graduation and post-graduation is often required.
- Age Limit: There might be age criteria depending on the specific school or state government rules.

Meeting these educational requirements will make you eligible to apply for PGT Accountancy positions in various schools across India.

Study Path

Top Colleges

To pursue a career as a Post Graduate Teacher (PGT) in Accountancy, obtaining the right education from reputable institutions is crucial. Here are some of the top colleges in India for relevant courses:

For B.Com and M.Com:
- Shri Ram College of Commerce (SRCC), Delhi: Known for its excellent faculty and rigorous academic environment.
- Hindu College, Delhi: Offers comprehensive commerce programs with a strong emphasis on accountancy.
- Lady Shri Ram College (LSR), Delhi: Renowned for its commerce and economics programs.
- Narsee Monjee College of Commerce & Economics, Mumbai: A top choice for commerce education in Mumbai.
- Loyola College, Chennai: Offers well-structured commerce programs with experienced faculty.
For B.Ed:
- Lady Irwin College, Delhi University: Offers a highly regarded B.Ed program.
- Department of Education, Delhi University: Known for its comprehensive teacher education programs.
- Regional Institute of Education (RIE), various locations: Offers integrated B.Sc. B.Ed and B.A. B.Ed programs.
- St. Xavier's College of Education, Mumbai: A well-reputed institution for teacher training.
- Government College of Teacher Education, Chennai: Provides quality teacher education at an affordable cost.
Factors to Consider When Choosing a College:
- Accreditation: Ensure the college is recognized by UGC and NAAC.
- Faculty: Look for experienced and qualified faculty members.
- Infrastructure: Check for adequate facilities like libraries, labs, and classrooms.
- Placement Record: Consider the college's placement record, although it's more relevant for professional courses.
- Location and Fees: Choose a college that fits your budget and is accessible.

Fees

The fees for courses required to become a Post Graduate Teacher (PGT) in Accountancy can vary significantly depending on the type of institution (government, private, or semi-private) and the location. Here’s a general overview of the fee structures:

B.Com (Bachelor of Commerce):
- Government Colleges: ₹3,000 - ₹10,000 per year
- Private Colleges: ₹15,000 - ₹50,000 per year
M.Com (Master of Commerce):
- Government Colleges: ₹5,000 - ₹15,000 per year
- Private Colleges: ₹20,000 - ₹70,000 per year
B.Ed (Bachelor of Education):
- Government Colleges: ₹5,000 - ₹20,000 per year
- Private Colleges: ₹25,000 - ₹1,00,000 per year
Additional Costs:
- Exam Fees: ₹1,000 - ₹3,000 per exam (CTET, TET, etc.)
- Study Materials: ₹2,000 - ₹5,000 (books, online courses, etc.)
Total Estimated Cost:
- Government Institutions: ₹20,000 - ₹50,000 for all required courses
- Private Institutions: ₹1,00,000 - ₹3,00,000 for all required courses

These figures are approximate and can vary. It’s advisable to check the specific fee structure of the colleges you are interested in. Additionally, some colleges may offer scholarships or financial aid to reduce the financial burden.

To become a Post Graduate Teacher (PGT) in Accountancy, several exams and qualifications are essential. Here’s a detailed description of the exams you need to focus on:

Central Teacher Eligibility Test (CTET):
- Purpose: CTET is conducted by the Central Board of Secondary Education (CBSE) to certify teachers for central government schools like Kendriya Vidyalayas (KVS) and Navodaya Vidyalaya Samitis (NVS).
- Eligibility: Candidates with a B.Ed and a Post Graduate degree in Accountancy are eligible.
- Exam Pattern: The exam includes papers on Child Development and Pedagogy, Language I & II, and the subject of Accountancy.
State Teacher Eligibility Test (TET):
- Purpose: Each state in India conducts its own TET to certify teachers for state government schools.
- Eligibility: Similar to CTET, candidates need a B.Ed and a Post Graduate degree in Accountancy.
- Exam Pattern: The exam pattern is similar to CTET but focuses on the specific syllabus and guidelines of the state.
School-Specific Exams and Interviews:
- Purpose: Many private schools and some government schools conduct their own exams and interviews to select teachers.
- Exam Pattern: These exams usually include a written test on Accountancy, General Knowledge, and English, followed by an interview and sometimes a demo class.
Other Relevant Exams:
- National Eligibility Test (NET): While NET is primarily for college and university-level teaching, clearing NET can give you an edge and may be required for certain higher-level positions in some schools.

Preparing for these exams requires a thorough understanding of accountancy concepts, teaching methodologies, and general knowledge. Consistent study and practice are key to success.

Exam Name	Exam Date

Pros And Cons

Pros

Job Security: Stable employment in government or private schools.
Respectable Profession: Teaching is a highly regarded career.
Opportunity to Impact: Shape students' understanding of accountancy.
Continuous Learning: Stay updated with the latest in accountancy.
Work-Life Balance: Structured working hours and school holidays.
Career Growth: Opportunities for promotions and higher roles.
Pension Benefits: Available in government teaching positions.
Contribution to Society: Educate future professionals in accountancy.

Cons

High Competition: Many candidates for limited PGT positions.
Workload: Managing syllabus, assessments, and administrative tasks.
Stress: Pressure to achieve good results and meet expectations.
Bureaucracy: Dealing with administrative processes in government schools.
Limited Growth: Slower career progression in some private schools.
Salary Disparities: Pay varies significantly between schools.
Dealing with Challenges: Handling diverse student needs and behaviors.
Staying Updated: Constant need to update knowledge and teaching methods.