About M.COM Finance course:
Master of Commerce [M. Com]in Finance course trains students mainly in the financial and banking field. This course provides in depth knowledge and understanding of economic theory, accounting principles, an advanced study of banking system, financial planning, macro, and microeconomy, and more.
Master of Commerce [M. Com]in Finance course emphasis on Taxation, Accounting, Accounts, Payroll accounting, Finance-related mathematics, SAP, etc.
The curriculum and course structure are designed in such a way that students will develop entrepreneurial and analytical skills which is very much in demand in money market analysis and capital market and operations.
Master of Commerce [M. Com]in Finance course is on par with ACS, CA, MBA, CFA, and other relevant advanced finance courses.
The average course fees for [M.Com ] Finance Courses range between INR INR 10, 000 to 3,00,000.
[M.Com ] Finance Course Admission Process:
[M.Com ] Finance Quick facts
Highlights for [M.Com ] Finance program are provided in the table given below:
Course Level |
Masters |
Full form |
[M.Com ] Finance |
Duration |
2 years |
Examination type |
Semester |
Eligibility |
Students must have completed Graduation and holding a Bachelor’s degree in Commerce with finance, accounts and economics subjects with minimum 55% aggregate marks and 50% marks for reserved category students (SC/ST/OBC) from a recognized board are el |
Age Limit |
No age limit |
Course fee |
INR 10, 000 to 3,00,000 |
Average Salary |
INR 5.0-8.0 LPA |
Job Positions |
Financial Analyst, Stockbroker ,Data Analyst ,Management Consultant |
[M.Com ] Finance Eligibility & Entrance exam
Eligibility Criteria for M.COM Finance course:
The admissions and eligibility conditions to pursue Master of Commerce [M. Com]in Finance course vary from one college to another.
Students must have completed Graduation and holding a Bachelor’s degree in Commerce with finance, accounts and economics subjects with minimum 55% aggregate marks and 50% marks for reserved category students (SC/ST/OBC) from a recognised board are eligible.
To pursue Master of Commerce [M. Com]in Finance course age is not at all a barrier.
The above given information is general, students must check the eligibility conditions of the B-schools in which they are applying.
Entrance exam for M.COM Finance course:
Admission process of every college is different from one another. For exact information candidates must visit the college's official websites, in which they want to take admission. The admission process done through online and offline modes.
Few colleges and universities provide admission on entrance tests basis, which is held at national level, or state level or University level such as Andhra University Common Entrance Test, CUET PG, BHU PET, Online Entrance Exam (OEE) etc.
Entrance exam
|
Conducting body
|
Exam type
|
Andhra University Common Entrance Test
|
Andhra University
|
Offline
|
CUET PG
|
National Testing Agency (NTA)
|
Online
|
BHU PET
|
Banaras Hindi University
|
Offline
|
Online Entrance Exam (OEE)
|
Savitribai Phule Pune University (SPPU)
|
Online
|
While few colleges and universities provide admission into the Master of Commerce [M. Com] in Finance course on merit basis. But for that students need to follow the following steps. Admission can be done either online or offline.
Candidates must visit the official website for college in which they want to apply for admission purposes.
Students have to fill the online application form
Incomplete or wrong information will be rejected.
Students can make payment of fee through credit/Debit cards.
The students can also make payments through a bank e-challan.
After successful filling the application form students will receive an email.
The final selection will be done, once the application is received and students are invited for documentation verification round.
Candidates are shortlisted on the basis of documentation, academic performance; college will decide to allot a seat or not to candidate.
[M.Com ] Finance Duration & Fees
M.COM Finance course duration:
The duration required to complete Master of Commerce [M. Com] in Finance course is two years which is further divided into four semesters.
Topics of study covered during curriculum are Business Environment & Legislation, Business Management, Business Economics, Information Technology for Business, Quantitative Techniques for Business, Entrepreneurship Development , Banking & Technology , Advanced Banking, Insurance Products & Management , Financial Markets & Services , Principles of Life Insurance , Security Analysis and Investment Management , Bank Management , Banking Law and Practice , Insurance Actuarial , Insurance & Risk Management , Portfolio Management and many more.
M.COM Finance course fees:
The fees required to pursue Master of Commerce [M. Com] in Finance course vary from one university to another depends on infrastructure, qualified professors, facilities etc. Management and government sometimes decide quotas on fee structure.
The average course fees to pursue Master of Commerce [M. Com] in Finance course is around INR 10,000-3,00,000 lacs depending on the college/university in which you are taking admission.
[M.Com ] Finance Jobs,Scope,Salary after course
Scope of M.COM Finance course:
After completion of Master of Commerce [M. Com] in Finance course, there are wide range of job opportunities available and they can be assigned to job roles of Corporate Banking Executive, Analysts, Statisticians, Stockbrokers, Relationship Managers, Tellers & Branch Staff, Credit Control Managers and Customer Care Executive.
They get job opportunities in areas such as foreign trade, retail, banks, IT companies, recruitment, marketing, accounting firms, Inventory Control, Public Accounting Firms, Merchant Banking, Investment Banking, Industrial Houses, Foreign Trade, Educational Institutes, etc.
Recruiters which hire such post -graduates are Tata Motors, Genpact, BSNL, WNS Global Services, Wipro Technologies Ltd., National Small Industries Corporation Limited, TCS, Heavy Engineering Corporation Ltd etc.
The average salary offered to fresher after completing Master of Commerce [M. Com] in Finance course is INR 5.0-8.0 LPA.
Job type
|
Job description
|
Approximate salary per year
|
Financial Analyst
|
A Financial Analyst is someone who manages end to end company financial conditions by keeping records of financial status and investments of the company.
Making plans that can give profit to the company for long-term investments in the coming years.
|
4,00,000 lacs
|
Stockbroker
|
The job role of Stockbrokers is to purchase and sell securities such as shares and stocks on a commission basis on behalf of commercial and private clients. Stockbrokers gets high salaries, but sometimes they have to work in stressful environment.
|
6,00,000 lacs
|
Data Analyst
|
A Data Analyst's responsibilities are to study data visually of stakeholders and managers.
They give assurance to provide quality and define Key Performance Indicators and documentation process.
|
5,00,000 lacs
|
Management Consultant
|
Management consultants are responsible to solve problems, maximize growth, create value, and enhance business performance. They provide expertise advice to an organization which helps in enhancing their growth.
|
5,50,000 lacs
|
[M.Com ] Finance Top colleges offering course
Top Colleges for M.COM Finance course:
After completion of Master of Commerce [M. Com] in Finance course, candidates can go for further studies such as Certificate courses, Ph.D. Finance, M.Phil. Finance, PG Diploma etc. The procedure to offer admission into Master of Commerce [M. Com] in Finance course in colleges across India is different from one college to another. Aspiring students need to know few parameters of college in which they are applying for admission. Few of them are listed below.
Type of college whether it is Private, Government, Aided, etc.
Status and ranking of the college
Seminars and campaigns organised from time to time
Location of the college
Placement cell and alumni network
Scholarship status of the student, if applicable
Industrial visits and internship programmes
Name of college
|
Location
|
Approx. fees per year
|
Punjab University
|
Punjab
|
22,000
|
Mercy College
|
Pallakad
|
78,000
|
Jiwaji University
|
Gwalior
|
12,000
|
Seshadripuram College
|
Bangalore
|
38,000
|
Mata Gujri College
|
Punjab
|
18,000
|