In each sub-stream of MBA, is accounting a compulsory subject?

No, Principles of Accountancy in department are generally part of MBA finance curriculum. However, since MBA is about business Administration, basic accountancy concepts are also covered in other MBA specialisations.

Every manager must be aware of every aspect of a business. It is must for them to have knowledge about every field then only he/she can lead an organization. Therefore, Accounting for Decision Making is a subject in 1st term of our PGDM+MBA programme.