MCOM Finance Course
M.Com Finance is a 2-year full-time postgraduate degree course, comprising 4 semesters in the entire duration. The course offers an advanced study on financing and accounting, its principle, strategies, policies, and more.
MCom Finance graduates have plenty of potential job positions available, like Financial Analyst, Investment Banker, Chief Finance Officer and more in Government and private sectors, banking sectors, public accounting firms, financial consultancies, corporations, etc.
M.Com in Finance postgraduate degree program focuses on the systematic study of finance and accounting. The course is specially designed to provide a wide array of financial skills to the students who want to pursue their career in the corporate business world, stock markets, etc.
This course offers in-depth knowledge on accounting principles, economic theory, an advanced study on financial planning, banking system, micro, and macro economy, and more. The course curriculum basically focuses on Accounting, Taxation, Accounts and Finance related mathematics, Payroll accounting, SAP etc.
During this course study, the students can learn about business and accounting trades, business management policies, marketing principles emerged in the business world, corporate sectors, financial management firms. Students can specialize in Public accounting, audit, tax, budget analysis, real estate finance etc. Some of the subjects typically covered in this course study are- financial management, financial accounting, business management, costing, statistics and more.
M.Com Finance Course Highlights
Major highlights of M.Com Finance course study are mentioned in the following:
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Course Level
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Post Graduate
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Duration
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2 Years
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Eligibility Criteria
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Bachelor’s degree in Commerce with 55% aggregate score
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Admission Procedure
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Entrance Exam + Counselling
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Examination Type
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Semester Based
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Job Profile
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Financial Consultant, Investment Banker, Auditor, Finance Manager, Financial Analyst, Quant Specialist, Financial Controllers etc.
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Top Recruiting Fields
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Government and Private Sectors, Public Accounting Firms, Corporations, Consultancy, Budget Planning, Market Research etc.
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Top Recruiting Companies
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Genpact, Tata Motors, BSNL, Wipro Technologies Ltd., WNS Global Services, TATA CONSULTANCY SERVICES LIMITED, National Small Industries Corporation Limited, Heavy Engineering Corporation Limited etc.
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Why Study M.Com Finance?
- The recent researches prove that top multinational companies nowadays are looking for the expert financial advisors or finance officers who can provide better advice on company’s profit and well-being. So, M.Com Finance course has high in-demand in today’s accounting and finance world.
- Upon successful completion of this course, the candidates can have a diverse range of potential job openings in the financial and banking sectors.
- The successful postgraduates are hired as a financial consultant, investment banker, financial analyst, quant specialist, financial manager, chief financial officer, stockbroker, financial controllers and more in govt. and private sectors, public accounting firms, banking sectors, stock exchange markets, corporations, budget planning sectors and more.
- The candidates can also apply for lectureship and professor positions by applying for UGC-NET or JRF exams.
- Besides these, the postgraduates can have the opportunity to contribute their knowledge in the related field of study through further research.
Eligibility Criteria for Admission to M.Com Finance Course?
To get admission in M.Com Finance course, the interested candidates need to fulfill the following eligibility Criteria:
• Completed Bachelor’s degree with commerce subjects, like accounts, math, economics from any recognized university.
• Candidates who passed B.Com/BBA/BBS or any other equivalent degree with at least 55% aggregate score are eligible for this course application.
What are the Subjects Covered in M.Com Finance Syllabus?
The semester-wise course breakup of M.Com Finance course syllabus is tabulated below:
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Semester 1
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Semester 2
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Business Management
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E-Commerce
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Business Environment & Legislation
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Financial Accounting & Packages
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Business Economics
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Quantitative Methods for Business
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Quantitative Techniques for Business
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Financial Management
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Information Technology for Business
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Marketing Management
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Entrepreneurship Development
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Human Resource Management
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Semester 3
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Semester 4
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Advanced Banking
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Banking Law and Practice
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Banking & Technology
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Bank Management
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Insurance Products & Management
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Insurance & Risk Management
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Principles of Life Insurance
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Insurance Actuarial
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Financial Markets & Services
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Portfolio Management
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Security Analysis and Investment Management
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Financial Derivatives
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What are the Career Options and Job Profiles Available After Completing M.Com Finance Course?
After completing this 2-year M.Com Finance course, the successful postgraduates can have plenty of potential job roles in major industries, like government and private sectors, public accounting firms, budget planning, market research, corporations and finance consultancies.
Some of the top career opportunities available for such M.Com postgraduates are: Finance Manager, Financial Consultant, Investment Banker, Quant Specialist, Auditor, Financial Analyst, Chief Financial Officer, Certified Public Accountant and more.
Listed below some of the most prospective job positions offered to the successful M.Com Finance graduates along with job description and average salary offered:
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Job Role
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Job Description
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Financial Consultant
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Their role is to gather information for clients on the basis of investments, asset allocation, savings, tax planning, estate planning etc. They can also work as a freelancer or being a part of a financial consulting firm.
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Quant Specialist
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Their responsibility is to analyze statistics and market trends by using high-end mathematics. This will help them to determine appropriate levels of risk management and derivative pricing so that they can create presentations for clients along with the recommendations of future investment planning.
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Investment Banker
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Their role is to interpret complex data to assess and predict the financial risks and returns. Prepare legal documents by consulting with financial experts, accountants and lawyers.
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Auditor
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They actually work in the public and private sectors and provide expert advice on usages of resources.
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Finance Officer
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They basically perform the organization's financial matters, assist in monthly budget planning and prepare monthly reports on its basis. They also control and maintain nominal ledgers, carryout and check payments and other financial issues. Besides these, they have to investigate any suspicious account activity, maintain and record financial files and have to ensure complete financial security.
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Financial Analyst
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Their main responsibility is to record cash, cheques and credit card transactions. Post revenues by verifying and filing transactions from local deposits. They have to update all receivables by figuring out all unpaid invoices, and maintain records through microfilming invoices, debits and credits.
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Corporate Finance
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They are actually working for large investment banks or any corporate advisory firms to facilitate mergers and acquisitions of other companies.
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Corporate Banking
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Their role is to advise corporate clients regarding mergers, acquisitions, capital markets and have to prepare lending agreements on its basis.
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Credit Risk Management
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They actually lead the credit risk management group to ensure that the whole credit process, policies and activities fall within the parameters of organizations’ policies and standards.
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What is the future Scope after Completing M.Com Finance Course?
On successful completion of M.Com Finance course, the postgraduates can avail prospective job positions and career opportunities. If the student willing to pursue further higher studies in the same field, then he/she can easily opt for the following degree programs:
• Ph.D.: After completing M.Com Finance course, the students can opt for Ph.D. in Finance and Accounts. It is a 2-5 years research level program that imparts advanced study of fundamental aspects in Accounting and Finance Management.
• MCom Finance graduates can also opt for MBA courses as it will provide them a deeper knowledge about the organisational work structure.
• Competitive Exams: If the students are willing to pursue the career in the academic field, then they can appear for the UGC-NET exam and apply for lectureship in reputed colleges and universities.
In conclusion, after completing this program, students will be able to understand the principles of financial decision making and be able to apply them in a variety of contexts. The course also provides the student with an understanding of the legal environment relating to financial matters in India.