M.Com Finance
M.Com in Finance is a two year postgraduate degree course that deals with the study of Accountancy, Financial Management, Investment Banking, Consulting, or any other finance-related field. M.Com Finance course offers a career to the candidates in the field of Finance. Some of the jobs for graduates include Finance Manager, Accountant, Financial Analyst, Assistant Finance Manager, Senior Account Executive etc.
M.Com Finance Course Details
| Degree | Masters |
| Full Form | Master of Commerce in Finance |
| Duration | 2 Years |
| Age | No specific age limit |
| Subjects Required | Graduate degree in Commerce |
| Minimum Percentage | 45-50% |
| Average Fees | ₹5K - 1 LPA |
| Average Salary | INR 4.31 LPA |
| Employment Roles | Finance Manager, Accountant, Financial Analyst, Assistant Finance Manager, Senior Account Executive, Procurement Officer, Account Executive, Senior Financial Analyst, Financial Advisor etc |
| Top Recruiters | Indian Statistical Services, Banks, Investment Firms, Insurance Industry, Economic Consulting Firms, Various Corporate Sectors, UPSC Jobs, Customs Departments etc |
About M.Com Finance
Master of Commerce Finance is a postgraduate degree. M.Com Finance course durations is two years and divided into four semesters. Through this course students are given knowledge about Finance. The course falls under the umbrella of M.Com course and therefore follows a similar structure. According to Wikipedia, “Finance is a term for matters regarding the management, creation, and study of money and investments.”
Table of Contents
- M.Com Finance Eligibility Criteria
- M.Com Finance Admission Process
- Popular M.Com Finance Entrance Exams
- Top M.Com Finance Colleges
- Fees Structure for M.Com Finance
- Syllabus and Subjects for M.Com Finance
- Why Choose M.Com Finance?
- Preparation Tips for M.Com Finance
- Scope of Higher Education after M.Com Finance
- M.Com Finance Salary
- Career Options After M.Com Finance
- Skills to Excel
Eligibility Criteria for M.Com Finance
M.Com Finance in India admission is offered to only those who meet all eligibility requirements. Candidates must have completed a Bachelor's degree in Finance with 50% aggregate marks in final exams.There is no age limit for the admission in this course. Admission process can either be by merit basis or exam basis.
How To Get Admission in M.Com Finance?
Students must ensure that they satisfy all eligibility criteria for M.Com Finance to get admission in a college of their choice.M.Com Finance admission is done through merit basis or exam basis. Admission processes vary across all M.Com Finance university in India.Mentioned below is the general admission process for the course:
How to Apply?
M.Com Finance course details for admission can be found in the college's official websites. To apply, candidates should visit the college's official admission portal and register for the entrance exam. After that fill the form with required details.
Selection Process
Admission is strictly done for only those students who clears M.Com Finance eligibility criteria. The shortlisted candidates list and further admission process is available either on college official website or by email.
Popular Entrance Exams for M.Com Finance
Admission of M.Com Finance course in India is through entrance examinations. Entrance exams for M.Com Finance are conducted by university level/state level/national level. Common exams that most of the M.Com Finance candidates apply for are as follows:
A Quick Glance at the M.Com Finance Entrance Exams
For admission students should make sure that they satisfy the eligibility for M.Com Finance. To clear exams students should study the exam pattern and syllabus ahead of time. Planning for studying assists students for timely preparation for the entrance exams. General pattern for the entrance exams are listed below:-
- The entrance exam paper contains multiple sections that test different parts of your knowledge.
- The examination can be conducted either by offline or by online mode.
- 2 hours is the time duration for exams.
- 360 marks for 120 multiple choice questions on paper.
Top 10 M.Com Finance Colleges in India
There are various institutes for M.Com Finance. Students can opt for the top M.Com Finance colleges in India depending upon their merit and specialization needed. Top 10 colleges for M.Com Finance in India are listed below:
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Fee Structure for M.Com Finance
M.Com Finance fees range from INR 10,000 - 2 LPA. The fees may vary according to the college or universities based on the type of institute, location, infrastructure, faculties and facilities available. Below are some of the M.Com Finance colleges with its fees structure:
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Sl no. |
Name of the Institute |
Average Annual Amount |
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1. |
Bharata Mata College, [BMC] Kochi |
INR 11,000 PA |
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2. |
Punjabi University, [PU] Patiala |
INR 1,02,800 PA |
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3. |
SES College, Kannur |
INR 75,000 PA |
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4. |
Swarnim Startup & Innovation University, Gandhinagar |
INR 60,000 PA |
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5. |
Mata Gujri College, [MGC] Fatehgarh Sahib |
INR 60,510 PA |
Syllabus and Subjects for M.Com Finance
M.Com Finance is a two year postgraduate course in the field of Finance. M.Com Finance course is a comprehensive study on Corporate Accounting, Financial Accounting, Accounting Theory and Standards etc. The subjects related to this course vary according to specializations and institutes. The syllabus covers both practicals and theory papers. The compulsory subjects include:
- Applied Cost Accounting
- Computerized Accounting with Tally
- Cost Control Techniques
- International Financial Management
- Management of Financial Services
- Principles of Modern Banking
Read More About M.Com Finance Syllabus and Subjects
Why Choose M.Com Finance?
Students wonder about the details of M.Com Finance before choosing the course. Before deciding on a career, students come across some questions like, “What is a M.Com Finance?” and “Why to choose M.Com Finance?”. To clearly understand answers to these questions, we have framed the following three pointers:
What is M.Com Finance All About?
M.Com Finance is a postgraduate degree which deals with the study of Finance. The Master’s course provides a roundup view of Finance and Accounting. After completing the course, graduates are usually hired as Finance Manager, Accountant, Financial Analyst, Assistant Finance Manager, Senior Account Executive, Procurement Officer, Account Executive, Senior Financial Analyst, Financial Advisor etc.
What Does a M.Com Finance Graduate Do?
M.Com Finance graduates can find jobs in areas like Banks, Investment Firms, Insurance Industry, Economic Consulting Firms, Various Corporate Sectors,UPSC Jobs, Indian Statistical Services, Customs Departments etc.
Financial Analyst: A Financial Analyst is a professional, undertaking financial analysis for external or internal clients as a core feature of the job.
Reasons Why M.Com Finance Can Fetch You a Rewarding Career?
Career prospects of M.Com Finance vary greatly. It only depends upon respective specialization and demand. Candidates can make use of general education provided in degree to get a job in government, private, non-profit organizations.
Career Scope and Options: The graduates can work in Indian Statistical Services, Banks, Investment Firms, Insurance Industry, Economic Consulting Firms, Various Corporate Sectors, UPSC Jobs, Customs Departments etc.
Read More About M.Com Finance Jobs
Preparation Tips for M.Com Finance
Some of the essential course preparation tips for a candidate who wants to pursue a M.Com Finance are:
Get to know of the Syllabus: The syllabus of the course is one of the essential factors which a student should focus upon as this helps a student to focus during the time of the examination.
Make a Plan: Make a course plan that can help the student to plan according to the study of the work which enables them to keep both balanced.
Practice Regularly: Practice mantras and medicine making techniques regularly so that it becomes a learning experience for practical examinations. Solving as many mock tests can help you gain speed and accuracy.
Practice Question Papers: Practice solving previous year papers to understand what type of questions are asked. It also helps to improve and prepare yourself for the actual exam ahead of time.
Connect With Fellow Students: Start connecting with peers and finance experts who can help you with providing an exchange of knowledge that might help you to excel in this course.
Scope For Higher Education
After completing M.Com Finance , graduates can either choose to take up jobs or continue for higher studies. An additional degree in the same field improves job opportunities. Graduates can specialize in the areas like Accounting, Business Decisions, Costing, Taxes etc. Some higher options are:
- M.Phil Finance
- Ph.D Finance
- PG Diploma
- Certificate courses
Salary of a M.Com Finance Graduate
The minimum salary of an employee with a degree in M.Com Finance is INR 5 - 10 LPA (Source:PayScale). The salaries and annual earnings depend on the specializations, Skills and demand. Graduates can further increase their salary by obtaining higher education or work experience.
Read More About M.Com Finance Salary
Career Options After M.Com Finance
After completion of the course, the graduates can find jobs in areas like Indian Statistical Services, Banks, Investment Firms, Insurance Industry etc. The graduates can even apply for the exams. Clearing these exams makes a career in teaching or research. Some job roles offered to graduates are:
- Financial Analyst & Manager
- Assistant Accountant
- Investments Analyst
- Investment Banker & Market Analyst
- Marketing & Money Manager
- Accounts Assistant
- Operations Manager
Skills That Make You The Best M.Com Finance Graduate
People who are very passionate about Finance and want to take it as a career. M.Com Finance is wide-ranging and deep in subjects as it explores and sure to catch all business lovers. Some required skills are:
- Management Skills
- Critical thinking Skills
- Presentation Skills
- Communication Skills
- Calculating Skills
