byGaganDeep
Updated on - 30 Jun, 2024
M.Com in Finance and Controls is a postgraduate degree program that is more specialized in the concepts of finance, accounting, taxation, audit, and control. This is a 2-year program that offers the students specialized knowledge and skills in the following areas; financial management, security analysis and portfolio management, investment analysis, financial accounting, management accounting, indirect taxation, auditing, and management control systems.
The program curriculum incorporates principles in finance and control domain and the latest innovations in an attempt at preparing learners for professions in the financial industries, companies’ Controller ship and treasury departments, Audit firms, Taxation firms, budgeting departments and management consultancies. The entrance examinations that are recognized for admission to M.Com Finance and Controls in different university and institutes are CAT CMAT GMAT XAT MAT ATMA APICET KMAT NMIMS-NPAT SET/SLET.
| Highlight | Details |
|---|---|
| Full Form | Master of Commerce (Finance & Controls) |
| Duration | 2 Years |
| Course Level | Postgraduate |
| Eligibility | Bachelor's degree in Commerce or related field with a minimum of 50% marks from a recognized university |
| Top Colleges | Shri Ram College of Commerce, Delhi; Loyola College, Chennai; Christ University, Bangalore; St. Xavier's College, Mumbai; Lady Shri Ram College, Delhi |
1. Academic qualification as a minimum of a graduate degree in any field and have must have secured an average of fifty percent in the aggregate of their degree examinations from a recognized university.
2. Final year graduation students can also apply on a provisonary basis on a passing marks criteria till said exam results are obtained.
3. Admissions are open to all ages, so that any person wishing to can come and study at the University. There are no restrictions concerning age, so young graduates can start their career there as well as working people.
4. Some colleges and Universities may have entrance tests such as CAT/MAT/XAT while some may consider class XII as well as graduate marks.
5. Although the position does not require previous experience in accounts, finance etc the candidates who have it will have added advantage.
6. It is desirable that candidates who apply for the job have covered basic commerce and accountancy courses at graduation level to comprehend complex concepts.
| Subject | Important Topics |
|---|---|
| Financial Management | Capital Budgeting, Financial Analysis, Working Capital Management, Cost of Capital, Capital Structure, Dividend Policy |
| Management Accounting | Budgetary Control, Standard Costing, Marginal Costing, Variance Analysis, Responsibility Accounting, Transfer Pricing |
| Corporate Finance | Mergers and Acquisitions, Corporate Restructuring, Financial Distress, Corporate Governance, Valuation Techniques |
| Investment Management | Portfolio Management, Security Analysis, Risk and Return, Derivatives, Asset Pricing Models, Mutual Funds |
| International Finance | Foreign Exchange Markets, International Financial Management, Risk Management, Global Capital Markets, Exchange Rate Determination |
| Taxation | Direct Taxes, Indirect Taxes, Tax Planning, Tax Administration, GST, Income Tax Laws |
| Financial Markets and Institutions | Financial Markets Structure, Regulatory Framework, Money Markets, Capital Markets, Banking Institutions, Non-Banking Financial Companies |
| Strategic Financial Management | Financial Strategy, Corporate Planning, Value-Based Management, Strategic Cost Management, Financial Engineering |
| Accounting for Managerial Decisions | Financial Statements Analysis, Cash Flow Analysis, Ratio Analysis, Cost-Volume-Profit Analysis, Decision Making Techniques |
| Job Title | Specialization | Average Salary (INR LPA) |
|---|---|---|
| Financial Analyst | Corporate Finance, Investment Banking | 4 - 8 |
| Management Accountant | Cost Accounting, Financial Reporting | 4.5 - 9 |
| Internal Auditor | Risk Management, SOX Compliance | 4 - 8 |
| Financial Controller | Budgeting, Forecasting | 5 - 10 |
| Tax Consultant | Direct Tax, Indirect Tax | 4.5 - 9 |