MCOM Accounting and Finance
MCom Accounting and Finance is a 2 year PG program in the field of commerce. It is an advanced level of systematic study that is focused on finance and accounting topics. An interested candidate can apply for this program after the successful completion of B.Com, BBA, or BCA. However, a candidate needs to score the required percentage or grade to seek admission to their desired college.
MCom Accounting and Finance cover the study of principles of accounting, financial planning, economic theory, trade and its characteristics and policies involved, etc. It is a 2 year PG degree program that primarily focuses on the systematic study of the concepts in the specialized subjects and topics related to the fields of Accounting and Finance.
Some of the topic studies throughout the course are financial planning, economic theory, and knowledge about banking systems and policies.Students also study Business and trades in terms of accounting, characteristics of policies and their involvement.
MCom Accounting and Finance Course Highlights
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2 Years |
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Course Examination Type
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Offline or Online (if needed)
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Course Eligibility
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Bachelor's degree
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Course Admission process
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Merit/Entrance based
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Top Recruiting companies
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Amazon, Jio, HCL, Airtel, HDFC Bank, Flipkart, ICICI Bank, etc.
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Job Position
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Accounting Manager, Assistant Manager, Supervisor, Senior Accountant, Investment Analysts, etc.
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Why study M.Com?
MCom Accounting and Finance have a great demand in the field of commerce and marketing. It enhances a person’s ability to handle finance-related tasks and helps to communicate with their peers professionally and ethically. Some of the benefits of pursuing M.Com are given below:
• A person who opts for Master's course in Commerce with Finance and Marketing may pursue higher education like P.hD. or M.Phill after the completion of M.Com.
• After the successful completion of Masters in Commerce, a person can apply for UGC-NET or JRF to build a career in research.
• A person will be able to apply for a higher position in teaching jobs after completing Masters in Commerce.
• A Master's degree in Commerce will prepare the student in the field of finance and accounting and provides a strong and professional background in the finance sector.
• A Master's degree in Commerce will allow an individual to work in a government as well as in a private sector firm.
MCom Accounting and Finance Eligibility
- A student has to pass the graduation exam with a minimum of 50% of marks.
- A student has to pass the graduation course from a central/state/private/deemed-to-be university.
- A student must have completed their graduation course in B.Com, BCA, BBA, B.Com(Hons.), or B.Com (Economics).
- Students who belong to the reserved category have been given some relaxation in the eligibility criteria.
MCom Accounting and Finance Syllabus
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First Year
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Second Year
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Indirect Taxation
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Management Accounting
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Insurance and risk management
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Managerial Finance
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International Financial Management
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Modern Banking
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Business Environment
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E-Commerce
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Computer Applications in Business
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Economics of Global Trade and Finance
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Corporate Legal Environment
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Corporate Financial Accounting
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MCom Accounting and Finance Job Profile
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Job Profile
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Job Description
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Account Assistant
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This includes maintaining ledgers, assisting customers, preparing and distributing checks, and basic bookkeeping work.
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Cost Accountant
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They usually perform routine analyses to help determine the type of operations and materials that are most cost-effective for the office or their organization.
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Business Consultant
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Their role is to analyze the market, product lines, and the overall profitability of the business.
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Investment Banker
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They help their clients to raise money in the capital market by issuing debt or selling their equity in the companies.
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Marketing Manager
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They are responsible for developing, implementing, and executing the marketing plans of the organization.
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Operations Manager
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They deal with the hiring procedures, setting up of targets, team management, and alike.
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Finance Consultant
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They help their clients in meeting their short and long-term goals by advising them on tax planning, investment and retirement planning, and others.
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Stock Broker
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Stock Brokers usually deals with stocks and performs financial services for the company
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Assistant Professor
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They are usually employed in institutes and colleges and teach the younger generations everything about commerce and conduct research at the same time.
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MCom Accounting and Finance Recruiters
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HDFC Bank
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Maruti Suzuki
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Tata AIG
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Jaypee Cement Industries
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Reliance Jio
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Wipro
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Amazon
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Punjab National Bank
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ICICI Bank
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Deloitte
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MCom Accounting and Finance Future Scope
Graduates can further pursue a higher level of education like MBA, CA, CFA, etc., and research field. They can also apply for the UGC-NET/JRF for pursuing a PhD in the field of commerce and accounts.
After completing MCom Accounting and Finance, a candidate has better job prospects and lands in the job profile like assistant accounts manager, accounts analyst, finance consultant, marketing analyst, cost accountant, bank manager PA, etc.
Conclusion
This sector is never going to stop. Thus, there is much more job security than in other sectors. After completing MCom Accounting and Finance, graduates can take up roles like accountant, sales analyst, marketing analyst, sales manager, assistant finance accountant, etc.