B.Com. in Financial Markets is a 3-year undergraduate course in Financial Markets, divided across 6 semesters. Financial Markets are typically defined as having transparent pricing, basic regulations on trading, costs and fees, and market forces determining the prices of securities in trade. A Financial Market relates to a mechanism, which enables people to trade financial securities such as bonds, stocks, and commodities in the market. The course involves an advanced study of:
To be eligible to apply for the course, aspiring candidate need to have completed the Senior Secondary (class XII) education, with a minimum aggregate score of 50% (45% for SC/ST candidates), or equivalent CGPA.
Such postgraduates are hired in capacities such as Finance Controller, Treasurer, Finance Officer, Credit and Cash Manager, Risk Manager, Insurance Manager, Financial Market Advisory, Money Markets Dealer, Financial Research Manager, Financial Planning Manager, Trainee Associate, Financial Planning Consultant, etc.
The average tuition fee charged for the course in India ranges between INR 5000 and 2 Lacs for a span of 2 years. Accounting and Finance is one highly remunerative field. Accountant's income mostly depends upon their qualifications and experience. For those who want to pursue a career in accounting, the initial average salary offered in India ranges between INR 7,000 and 15,000 per month, increasing with the candidate’s experience and skillset.
Listed below are some of the major highlights of the course.
|Examination Type||Semester System/ Year-wise|
|Eligibility||10+2 or equivalent qualification from a recognized educational Board|
|Admission Process||Based on performance in a relevant entrance exam|
|Course Fee||INR 1,000 to 3 Lacs|
|Average Starting Salary||INR 3 to 10 lacs per annum|
|Top Recruiting Companies||Business Consultancies, Educational Institutes, Industrial Houses, Public Accounting Firms, Policy Planning, Foreign Trade, Banks, Budget Planning, Inventory Control, Merchant Banking, Marketing, etc.|
|Job Positions||Finance Controller, Treasurer, Finance Officer, Credit and Cash Manager, Risk Manager, Insurance Manager, Financial Market Advisory, Money Markets Dealer, Financial Research Manager, Financial Planning Manager, Trainee Associate, Financial Planning Consultant, etc.|
The course has been designed to create adequately trained personnel for the financial services sector. Also, the course is beneficial for students aspiring to professionally pursue academic specializations such as MBA, M.Com., CA, CS, ICWA, Finance, Banking, Insurance, Consultancy and Computer Accounting, etc.
They are also employed in organizations relating to financial planning, in positions requiring handling the liquidity or planning the acquisition of another company.
Listed below are some of the top institutes in India that offer the course.?
|Name of Institute||City||Average Fees|
|Jain University||Bangalore||INR 1,15,000|
|Christ University||Bangalore||INR 2,12,000|
|HR College of Commerce And Economics||Mumbai||INR 3,133|
|Narsee Monjee College of Commerce and Economics||Mumbai||INR 14,500|
|Symbiosis College of Arts and Commerce||Pune||INR 15,833|
|K J Somaiya College of Arts & Commerce||Mumbai||INR 9,145|
|Mithibai College of Arts||Mumbai||INR 16,661|
|Jai Hind College||Mumbai||INR 3,742|
|St Ann's College for Women||Hyderabad||INR 11,955|
|PSGR Krishnammal College for Women||Coimbatore||INR 681|
|Tolani College of Commerce||Mumbai||INR 18,385|
|N K College of Commerce, Arts and Management Studies||Mumbai||INR 17,221|
|University of Rajasthan||Jaipur||INR 3,453|
|Kishinchand Chellaram College||Mumbai||INR 16,248|
|G N K College of Arts, Science & Commerce||Mumbai||INR 18,510|
|PSG College of Arts and Science||Coimbatore||INR 13,833|
|SDN Bhatt Vaishnav College for Women||Chennai||INR 30,000|
|Sree Narayana Guru College of Commerce||Mumbai||INR 17,327|
|The IIS University||Jaipur||INR 37,472|
|Narsee Monjee Institute of Management Studies||Mumbai||INR 76,000|
|St Joseph's College Devagiri||Calicut||INR 76,000|
|Xavier University||Bhubaneswar||INR 2,33,000|
|University of Mumbai||Mumbai||INR 5,025|
|Amity University||Noida||INR 62,496|
Candidates wishing to pursue the course are required to fulfill the below-mentioned minimum eligibility criteria.
Admission to the course is based on the candidate’s performance in a relevant institutional/ State/ national-level entrance exam. Students qualifying the exam with the set minimum eligible cut-off score are invited for the subsequent round of counseling, based on which, the final selection is made. Essentially, the candidate’s performance in the following 2 stages is assessed.
A semester-wise breakup of the course’s syllabus is tabulated here.
|Principles of Investment||Environment of Financial System|
|Micro – Economics||Macroeconomics|
|Basic Statistics||Statistical Applications|
|Basic Computer Skills||Communication Skills|
|Financial Accounting||Management Accounting|
|Business Environment||Principles of Business Management|
|Debt Markets||Commodities Markets|
|Corporate Finance||Corporate Finance-II|
|Equity Market-I||Equity Market-II|
|Banking in Financial System||Financial Services|
|Computer Application in Investments||Taxation for Investments|
|Business Ethics||Security Analysis|
|Organizational Behavior||Business Law|
|Global Capital Markets||Risk Management|
|Regulation of Securities Markets||Corporate Governance|
|Insurance-Fund Management||Computer Applications in Financial Services|
|Derivative Markets||Marketing of Financial Services|
|Foreign Exchange Markets||Mutual Fund Management|
|Portfolio Management||Customer Relationship Management in Financial Services|
A graduate, upon successful completion of the course can initially join as a Trainee or an Accountant. Accountants can find lucrative career opportunities in a variety of government and private sectors such as, Public Accounting Firms, Markets Research, Budget Planning, Corporations, and Consultancies.
Such professionals can also opt for teaching jobs in universities and colleges, or work as freelancers in the field, taking independent assignments from relatively small organizations for maintaining their financial records as Bookkeepers on daily/weekly basis.
Some of the popular professional avenues open to successful graduates are tabulated below, along with the corresponding salaries and basic job duties.
|Job Position||Job Description||Average Annual Pay Scale in INR|
|Financial Controller||Financial Controllers/ Financial Specialists typically oversee all parts of the financial administration, including corporate bookkeeping, and administrative and departmental auditing. They often make and assess expenditure plans and work towards improvement of the administration’s overall financial state.||3,974,423|
|Treasurer||They are in charge of coordinating an organization’s financial plan, managing its assets, overseeing and anticipating potential financial dangers, and directing financial administration activities. Also, they raise funding to help the company's growth, and play an instrumental role in working through mergers and acquisitions.||1,650,000|
|Finance Officer||They oversee and report financial monetary and bookkeeping data, investigation, and proposals, in accordance with organizational goals.||8,48,147|
|Risk Managers||Risk Managers work with organizations to survey and identify the potential dangers that may obstruct the reputation, security, or financial wellbeing of their organization. They assess the organization’s typical strategies and anti-risk conventions.||9,92,343|
|Insurance Manager||They are in charge of managing operations inside an insurance practice. They essentially oversee agents, specialists, and appraisers. They prepare insurance claims, and resolve related financial issues.||7,30,048|