M.Com in Finance is a postgraduate program which focuses mainly on the systematic study of finance and specialist fields. Under the M.Com Finance course candidates develop sufficient data processing skills and quantitative techniques. The course is designed to provide a wide range of financial skills to the students while building competence in a particular area of business. Under the M.Com course in Finance, students learn about general business, accounting, finance, business management, human resources, marketing and so on. M.Com in Finance is the right choice for candidates who are interested in pursuing a PG degree to gain knowledge about primary concepts of finance.
The major highlights of M.Com in Finance are mentioned below:-
Level |
Post Graduate |
---|---|
Course Duration |
2 years |
Examination Type |
Semester System |
Eligibility Criteria |
Passed B.Com degree |
Admission Process |
Through Entrance Exam |
Annual Course Fee |
Rs 1,00,000/- to 4,00,000/- |
Average Salary |
Rs 4,00,000/- to 20,00,000 LPA. |
The candidates who are interested in finance from any field of education can choose M.Com in Finance course
Candidates with innovative thinking and good communication and leadership skills should apply for M.Com in Finance course
Candidates who have an understanding of the corporate structure and are conscious of all tax and other financial regulations should apply for this course
Those who have successfully completed the course can have wide scope both with regard to higher education like PhD and career.
After completion of the course, candidates can find countless job openings in the financial sector.
Master's degree courses in the relevant field of interest help the candidate develop a successful career in the field of banking and financial sector.
Students also have a lot of career opportunity in teaching as well
In order to secure the admission in M.Com in Finance the candidate must fulfil the following eligibility criteria:-
The basic eligibility criterion for pursuing M.Com in Finance degree is to have a graduation degree in any Commerce stream.
Some of the well-known universities and institutions require a minimum of 45-50 per cent degree marks in their qualifications examination and in some colleges the candidates also need to appear for the entrance exam conducted by the college in order to secure the admission in M.Com in Finance.
Some colleges also accept honours degrees in Economics, Accounting, Business and Management Studies for the admission of M.Com in Finance.
The selection of the candidate to M.Com Finance is done on the basis of entrance exams. There are several colleges across India that give admission to M.Com in Finance based on the candidates result in the qualifying entrance exam such as AUCET, SKUCET, ANU PGCET, OUCET etc. Most of the entrance tests would be computer-based which consist of objective type questions. And in some cases, the entrance exam will be carried out in offline mode/ pen paper-based entrance test. Based on the candidates ranking or score, they will be shortlisted for the M.Com in Finance admission. The entrance exam consists of components of assessment such as English Comprehension, Data Analysis and Data Sufficiency, Logical & Critical Reasoning, Quantitative Aptitude, and General Awareness.
But there are some universities and colleges that offer direct admission in M.Com Finance based upon the candidate’s performance in the last qualifying examination.
The course fee of M.Com in Finance can vary from Rs Rs 1,00,000/- to 4,00,000/- annually and in some colleges, the course of the program will even be higher. Nevertheless, the course fee can vary from college to college.
Semester Wise Syllabus of M.Com in Finance is mention below:-
1st Semester |
2nd Semester |
---|---|
Business Management |
e-Commerce |
Business Environment & Legislation |
Financial Accounting & Packages |
Business Economics |
Quantitative Methods for Business |
Quantitative Techniques for Business |
Financial Management |
Information Technology for Business |
Marketing Management |
Entrepreneurship Development |
Human Resource Management |
3rd Semester |
4th Semester |
Advanced Banking |
Banking Law & Practice |
Banking & Technology |
Bank Management |
Insurance Products & Management |
Insurance & Risk Management |
Principles of Life Insurance |
Insurance Actuarial |
Financial Markets & Services |
Portfolio Management |
Security Analysis and Investment Management |
Financial Derivatives |
M.Com in Finance course provides candidates with comprehensive knowledge of financial management skills, thanks to which the candidates who have successfully completed their studies can take advantage of numerous career options.
Some of the popular jobs of M.Com finance graduate are Accountant, Investments Analyst, Business & Corporate Analyst, Executive Assistant, Financial Analyst & Manager, Assistant Accountant, Investment Banker & Market Analyst, Marketing & Money Manager, Accounts Assistant, Senior Accountant, Operations Manager, Personal Finance Consultant, Securities & Risk Analyst etc
Salary Offered:-
In India, the average salary package given to M.Com Finance graduates varies from Rs Rs 4,00,000/- to 20,00,000 LPA per year, depending on a person's ability and the college from which the candidates have graduated.
The salary expected for an experienced employee is comparatively much higher. Professionals with 5 years of experience or more should expect a salary package in between Rs 8.4 LPA/- to Rs 25 LPA/-.