M.Com. Finance and Controls is a 2-year full-time post-graduate course, the minimum eligibility for which is a bachelor’s degree with an aggregate 50% mark in Finance/Commerce or any other discipline. Few colleges/universities also conduct entrance examinations for the same. The course can be divided into 4 semesters, each lasting for 6 months.
Some of the top Universities providing M.Com. Finance and Controls course are:
- Department of Financial Studies, University of Delhi, Delhi
- C.M.S College of Science and Commerce, Bharathiar University, Tamil Nadu
- Patna University, Patna
- Banaras Hindu University, Uttar Pradesh
- Sambalpur University
The average tuition fee charged by some of the top colleges/universities is INR 10,000 to 2 Lac/s.
Admission depends on a student’s performance in the previous examinations or marks obtained in the entrance examinations. Entrance tests are on similar lines as Common Admission Test (CAT) with emphasis on recent business and financial trends. A Group Discussion or Personal Interview follows after that.
M.Com. Finance and Controls is a professional degree course that puts emphasis on Accounting and Finance subjects giving students a thorough knowledge of management concepts, financial accounting, business environment, managerial economics, managerial accounting and risk management. Students having an interest in Finance and Accounts can opt for this specialization. Students should also possess good mathematical and analytical skills, latest business trends, decision making and problem-solving skills.
After completing the 2-year M.Com. Finance and Controls course, students have opportunities in different sectors such as wealth management, equity research, banking, consulting, investment banking, risk management, real estate management, financial commercial banking, valuation, and manufacturing. Candidates can also commence their own firm as a revenue agent, tax advisor, and personal finance consultant and so on.
Suitable job profiles include Business Analyst, Budget Manager, Accountant, Investment Banker, Tax Advisor, Securities Analyst, Corporate Analyst and Investment Analyst. The salary for a fresher varies between INR 4 Lacs to INR 8 Lacs. Accenture, Google, IBM, Amazon, Flipkart, HDFC, HSBC and Ernst & Young are some of the top recruiting companies.
Top Colleges for Master of Commerce [M.Com] (Finance & Controls)
M.Com. Finance and Controls: Course Highlights
|Course Level||Post Graduate|
|Duration of the Course||2 years|
|Examination Type||Both Semester and Annual|
|Admission Process||Entrance tests and counselling|
|Course Fee||INR 50,000 to 10 Lacs|
|Average Starting Salary||INR 2 to 10 Lacs|
|Job Opportunities||Accountant, Finance Manager, Operations Manager, Financial Analyst, Assistant Finance Manager, Account Executive|
|Top Recruiting Companies||Accenture, Infosys, Amazon, Snapdeal, Google, Genpact, HDFC, ICICI|
M.Com. Finance and Controls: What is it About?
M.Com. Finance and Controls is a post-graduate degree in the area of commerce with a specialization in Finance and Control that molds students to work in the sectors of commerce, accounting, economics, and finance. The first year covers topics on Management concepts, financial accounting, managerial economics, quantitative techniques, business environment, business finance, project management and entrepreneurship and financial systems in India.
The second-year follows on with securities market operations, operations research, financial decision making, business policies, strategic financial management, corporate tax planning and management, business policies, international financial management and working capital management. All these topics are followed by a summer report and viva-voice.
M.Com. Finance and Controls help shape and inculcate in students basic concepts and analytical skills that are essential in risk management and decision making. Candidates should have a natural interest in the field and a basic understanding of the subjects.
M.Com. Finance and Controls: Top Institutes
|Name of the Institute||Location||Average Course Fee (in INR)|
|Regional College of Management||Bhubaneshwar||INR 100,000|
|Udaynath College of Science and Technology||Cuttack||INR 29,000|
|Sai Institute of Paramedical and Allied Science||Dehradun||INR 77,100|
|Sambalpur University||Orissa||INR 60,000|
|Institute of Professional Studies and Research||Cuttack||INR 1,90,000|
|Gulbarga University||Gulbarga||INR 15,575|
|University of Delhi||Delhi||INR 20,000|
M.Com. Finance and Controls: Eligibility
The students aspiring for M.Com. Finance and Controls need to fulfill the below-mentioned eligibility criterion:
- Bachelor’s degree in Commerce/Accounting/Finance
- Bachelor’s degree in any disciplines
Students should have a minimum required marks of 50% or secure a decent score in the entrance examinations. A group discussion or personal interview follows after that.
M.Com. Finance and Controls: Admission Process
The process of admission for M.Com. Finance and Controls course is on the basis of the entrance exams. Admission process of every University/institution is different. You can fill the application form of the college/university in which you are interested. Towards the end, it is the choice of the candidate which allows him or her to choose between institutes and this is a fact that a large number of students every year are prepared to compete for the limited seats which are available for the M.Com. Finance and Control
Below listed are few of the Entrance Exams students have to appear for:
- Bangalore University M.Com Entrance Exam
- Barkatullah Vishwavidhyalaya University M.Com Entrance Exam
- Berhampur University M.Com Entrance Exam
- Bharathiar University M.Com Entrance Exam
- Bharathidasan University M.Com Entrance Exam
- Calicut University M.Com Entrance Exam
M.Com. Finance and Controls: Syllabus and Course Description
Below listed is the subject wise course syllabus of M.Com. Finance and Controls. It may vary from state to universities, however, the core subjects remain unchanged.
|First Semester||Second Semester|
|Business Environment & Legislation||Financial Accounting & Packages|
|Business Economics||Quantitative Methods for Business|
|Quantitative Techniques for Business||Financial Management|
|Information Technology for Business||Marketing Management|
|Entrepreneurship Development||Human Resource Management|
|Third Semester||Fourth Semester|
|Advanced Banking||Banking Law & Practice|
|Banking & Technology||Bank Management|
|Insurance Products & Management||Insurance & Risk Management|
|Principles of Life Insurance||Insurance Actuarial|
|Financial Markets & Services||Portfolio Management|
|Security Analysis and Investment Management||Financial Derivatives|
M.Com. Finance and Controls: Career Prospects
On completion of M.Com. Finance and Controls, students may take up some specializations in few fields like- Life Insurances, Financial Markets, Security Analysis and Investment Management, Portfolio Management, and even Insurance & Risk Management. On successfully passing the course, M.Com graduates are capable of applying in the following employment areas-
- Finance Managers
- Independent Worker
- Financial Advisors
- Directors (Finance)
- Financial Controllers
- Chief Financial Officer
- Certified Public Accountant
- Chartered Management Accountant
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