There are many prominent government organisation recruits in many departments. For that matter, they possess specific eligibility criteria in terms of educational qualifications and work experience. So, in such circumstances, you have to check the relevant eligibility criteria and then apply accordingly. Most of the time, it happens that the syllabus of subject or field-specific exams is the same. So the best part about such job applications of various fields under one government organisation is that it allows you to explore opportunities as per your relevant genre. For example, there are many organisations like NABARD, SEBI, HPCL, etc., that recruit Accounts officers. In these applications, you will find that the syllabus for these job profiles is the same. You have the liberty to study the same thing and apply it to different organisations. The job profile name or the salary structure may differ, but the syllabus will remain the same.
In this blog, we are going to talk about the Chartered Accountant profile at HPCL and the Assistant Manager in Finance and Accounts at NSIC. How they are similar to each other, and how you can study efficiently for both of them at the same time.
Recruitment at NSIC and HPCL
The NSIC, or National Small Industry Corporation, has called up for a total of 51 vacancies in their recent notification. There are several eligibility criteria for each post. The posts are divided into numerous fields, including engineering, law, Human Resources, marketing, and Finance. If you want to build your career as an NSIC employee, then you should have a look at the detailed notification of the NSIC recruitment 2023.
On the other hand, the HPCL (Hindustan Petroleum Corporation Limited) has also invited applicants for 276 various positions. The vacancies include profiles like Chartered Accountants, Engineers, Safety Officers, Law Officers, etc. Every post has specific eligibility criteria and work experience.
Talking about the exam pattern of both the exams, both of them are the same and include one round of the CBT Computer-Based Test followed by an Interview. You must be thinking why we are talking combinedly about both exams. To clear your doubts, we would like to let you know the objective of this blog. In this blog, we are going to talk about the HPCL Chartered Accountant and the NSIC Assistant Manager in the Finance and Accounts field. We assure you that at the end of this blog, you are going to benefit in the most unexpected and beneficial way.
Before getting into the similarities of the exams, let’s start by knowing the difference between them, i.e., the eligibility criteria of both exams.
Difference Between the Eligibility Criteria for HPCL CA and NSIC Assistant Manager Finance & Accounts
| Eligibility Criteria for HPCL CA and NSIC Assistant Manager post | |
| HPCL CA Post | NSIC Finance and Accountant Post |
Certified as a CA by ICAI with a minimum of 50% marks in the final exam of both Groups 1 and 2. Mandatory Articleship completionICAI Membership | Chartered Accountant (CA) or Cost & Management Accountant (CMA) (ICWA)ORGraduate in Commerce with minimum 60% marks (relaxation as per the category) – 5% relaxation in marks for SC/ST/PwBDAlong with Two years full-time regular MBA in Finance with a minimum 60% from any recognised university. |
Now that you are aware of the eligibility criteria and their differences, it’s time to learn about the exam pattern of both exams and identify their differences and similarities.
Exam pattern of HPCL and NSIC Accountant’s posts
HPCL Chartered Accountant Exam Pattern
| HPCL EXAM PATTERN | |||
| Section | Question | Marks | Time Duration |
| General Aptitude | 85 | 85 | 150 Minutes |
| Technical Questions (Profile Based) | 85 | 85 | |
| Total | 170 questions | 170 marks | |
NSIC Assistant Manager Pattern
| NSIC EXAM PATTERN | |||
| Section | Number of Question | Maximum Marks | Time Duration |
| Quantitative Aptitude | 10 | 10 | 60 Minutes |
| Reasoning Ability | 10 | 10 | |
| General English | 10 | 10 | |
| General Awareness | 10 | 10 | |
| Core Subject (Field Based) | 60 | 60 | |
| Total | 100 Marks | 100 Marks | |
Here, you can see the maximum marks for both exams are different. The similarity lies in the second section of HPCL and the fifth section of NSIC, which are both subject-based. Here, you have to study the same syllabus for the posts. You will get to know why as you read this blog till the end.
Now, as you know, the second section of HPCL CA and the fifth section of the NSIC Accounts and Finance imply the test of Technical questions and Core subjects, respectively. Here, let’s make it clear that the meaning of both terms is the same. This means for both exams, you are required to study the whole syllabus related to finance and accounts or Chartered Accountants.
Also, you won’t find any specific elaborated syllabus for these sections in any of the notifications. But at ixamBee, you will get what others don’t offer. As told you earlier, the benefits are numerous in this blog, and here you are. Coming back to the syllabus, our expert faculty of Accounts Subject, Mr. Prateek Haldar, has decoded the syllabus for the posts and concluded that the topics under both syllabi are the same. Hence, aspirants are not required to prepare for these papers separately. Now it’s time for you to learn about the insights of the syllabus for both the exams of HPCL CA and NSIC Assistant Manager Finance and Accounts.
Syllabus of HPCL Chartered Accountants and NSIC Assistant Manager Finance and Accounts
Here, we would like to be clear that the syllabus below only includes the insights of the HPCL CA Technical Questions section and the NSIC Assistant Manager Finance and Accounts Core Subject section. Please refer to the table below to understand the probable syllabus of the HPCL CA and NSIC Assistant Manager Finance and Accounts:
| Section | Topic |
| Accounts | ✓ Meaning; Objectives; Basic Accounting; Principles, Concepts and Conventions; Limitations of Financial Accounting. Accounting Process; Journal Entries & Concept Of Depreciation ✓ Preparation Of Financial Statements – Nature Of Financial Statements; ✓Trading Account: Profit and Loss account, Balance Sheet and Cash Flow Statement. ✓ Analysis and Interpretation of Financial Statements – Tools of Financial Statements Analysis; Ratio Analysis, different types of ratios; Advantages and Limitations of ratio analysis. ✓ Accounting Standards |
| Financial Management (Finance) | ✓ Working capital management ✓ Capital budgeting ✓ Cost of capital✓ Operating Leverage ✓ & Financial Leverage |
| Income Tax and GST | ✓ Basics of Income Tax, definitions, Slab Rates, Marginal relief, Rebate, Filling of return. ✓ TDS; TCS; Advance Tax ✓ Basics of Goods and Service Tax (GST); Input Tax Credit; Registration; Returns etc |
| Cost Accounting (Cost) | ✓ Meaning and scope of Management Accounting; Financial Accounting vs. Management Accounting; ✓Overview of Costing ✓ Methods of costing – job costing – Contract costing – Batch Costing, Process costing – Unit costing – Operation costing, and Operating costing. ✓ Marginal costing – Cost volume profit analysis, Profit Planning, Break-even analysis, break-even point and Margin of safety. ✓ Cost control & analysis |
| Law | Business Law and Companies Act |
| Auditing and Accounting Standards | ✓ Auditing: Nature and scope; Objectives; Audit Process; ✓Types of audit; Internal Audit and External Audit; Audit & Inspection ✓ Audit Planning and programming; Conduct Of Audit ✓ Internal Controls ✓ Vouching & Verification ✓ Audit of Companies; CARO |
Now, being aware of the potential syllabus for the CA and Assistant Manager Finance and Accounts of HPCL and NSIC, respectively, you must have cleared your doubt on what to study and in what way for both these exams. Before anything else, it is important for you to know the exam patterns and syllabus and a lot of dedication to crack these exams. It is also essential you know the right way to prepare for any exam. For that matter, expert guidance is a must in order to prepare efficiently for such exams. Hence, ixamBee has come up to your rescue to make you ace the best score in the exam. The online course of HPCL CA and NSIC Finance and Accounts combined course.
The HPCL CA and NSIC Finance and Accounts Combined Online Course
Yes, you read that right. At ixamBee, our experts have designed a course that can benefit you in two exams. So, isn’t it one of the efficient ways to learn and prepare for two exams simultaneously? We are sure after knowing the other benefits of the HPCL CA and NSIC Finance and Accounts Online Course; you are not going to keep calm and rush to enrol on this course.
Features of HPCL CA and NSIC Finance and Accounts Course
- 500+ Course Videos
- 200+ Study Notes
- 200+ Chapter Tests
- 7 Full-Length Mock Tests
- Daily Live Classes
Benefits of HPCL CA and NSIC Finance and Accounts course
- Comprehensive Learning: Gain a deep understanding of accounting and finance basics.
- Flexible Access: Study materials and classes are available anytime, anywhere.
- Exam Success: Covers all necessary topics for exam preparation.
- Expert-Designed: Course curriculum created by subject specialists.
- Up-to-date Content: Aligns with the latest exam patterns and syllabus.
Why should you join the HPCL CA and NSIC Finance and Accounts Course?
- Get trained according to the objective type paper.
- Covered vast topics in a conceptual manner.
- Emphasise the questions having a high probability of coming in the exam.
- Save your time with crisp study material.
- Covered almost every topic that is non-commerce, like QRE.
Aren’t you excited about this course and building your career in prestigious government organisations like HPCL and NSIC? ixamBee is one of the trusted organisations among aspirants to rely on for their Government Exam preparation. Don’t miss this opportunity to get guidance from our qualified experts, who have years of experience in mentoring students for the major government exams.
Conclusion
In conclusion, the HPCL Chartered Accountant and NSIC Assistant Manager in Finance and Accounts exams share striking similarities in their syllabus and exam patterns. By enrolling in ixamBee’s combined online course, you can efficiently prepare for both these exams simultaneously. This course offers over 500 video lessons, 200 study notes, 200 chapter tests, and 7 full-length mock tests, providing comprehensive learning at your convenience. With expert-designed content aligned to the latest exam patterns, you can gain a strong grasp of accounting and finance fundamentals, enhancing your chances of success. Don’t miss out on this opportunity to kickstart your career in esteemed government organisations like HPCL and NSIC.
