byGaganDeep
Updated on - 21 May, 2024
M.Com (Finance) is a post-graduate, two-year level course in the field of commerce that pertains to finance. This developed course deals with diverse fields of finance such as financial management, investment analysis, financial markets, security analysis, corporate finance, portfolio management, banking, risk management, international finance and so on. This program aims to enable students to understand the theories and analytical instruments’ legislation and statutes that are related to the financial industries and help in the development of financial skills.
Exam for common entrance accepted for M.Com (Finance) are CAT, XAT, MAT, CMAT, ATMA, GMAT, etc. The exams normally held between December to February each year. There are also some schools which allow entry of students through their bachelor’s grades. Dates to remember are – exam notification dates around August- September, application beginning in September-October and continuing till December. Examination Periods differ from one kind of examination to another. Application is conducted in the period of April-June.
| Feature | Details |
|---|---|
| Full Form | Master of Commerce (Finance) |
| Duration | 2 Years (Full-Time) |
| Course Level | Postgraduate |
| Eligibility | Bachelor's Degree in Commerce (B.Com) or equivalent with minimum marks (varies by college) |
| Top Colleges (India) | Christ University (Bangalore), Symbiosis School of Economics & Finance (Pune), Narsee Monjee Institute of Management Studies (Mumbai), Delhi School of Economics (University of Delhi), Indian Institute of Management Calcutta (MBA Finance) |
| Entrance Exam | University Entrance Exams (may vary) / National Level Exams (e.g., CAT, XAT) |
1. Master’s degree in any field with a minimum of 50% of aggregate at a university recognised by the government.
2. Study of mathematics as one of the subjects at 10+2 level or graduate level for the students who are studing in arts/humanities background.
3. No age limit. Students that are fresh from school and employed individuals can apply.
4. A few universities may require you to submit the score of CAT/MAT/XAT or state level entrance exam.
5. In certain institutes some may even ask for prior work experience in finance domain but is not a must.
6. Final year undergraduate students sitting exam for last time also eligible to apply if they meet the mark criterion when result comes.
1. CAT – Entrance Test conducted by IIMs for Post Graduate Program/Diploma in Management and Post Graduate Program in Finance.
2. XAT – Xavier Aptitude Test for admission to XLRI Jamshedpur for the course like M. Com (finance).
3. CMAT - AICTE national level Entrance Test for admission to management programs.
4. MAT- All India Management Association (AIMA) Exam which is conducted for admission to over 600 B-schools in India.
| Subject | Important Topics |
|---|---|
| Financial Accounting | Advanced Accounting Concepts, IFRS Standards, Corporate Accounting Practices, Financial Statement Analysis |
| Financial Management | Capital Budgeting Techniques, Cost of Capital, Investment Analysis & Portfolio Management, Dividend Policy |
| Security Analysis & Investment Management | Equity Valuation Models, Portfolio Optimization Techniques, Risk Management in Investment Decisions, Investment Banking Functions |
| Financial Markets & Institutions | Structure of Indian Financial System, Functions of RBI and other Financial Institutions, Money Market Instruments, Derivatives Markets |
| Financial Risk Management | Risk Identification & Measurement Techniques, Credit Risk Management, Market Risk Management, Interest Rate Risk Management |
| International Finance | Foreign Exchange Markets, International Trade Finance, Foreign Direct Investment, Global Financial System |
| Research Methodology | Research Design, Literature Review Techniques, Quantitative & Qualitative Research Methods, Data Analysis Techniques |
| Elective Courses | Financial Econometrics, Behavioral Finance, Mergers & Acquisitions, Fintech, Corporate Governance |
| Master's Thesis | Topic Selection, Literature Review, Research Methodology, Data Collection & Analysis, Thesis Writing, Dissertation Defense |
1. Eligibility – Master’s degree with minimum 50% of aggregate marks from a recognized University.
2. Fill online application form or submit at the campus with required documents like graduation mark sheet transcripts, etc.
3. Students need to take an institute-level entrance exam if required. There are also institutions that have developed their own tests.
4. If selected, apply for admissions and send all the documents together with the admission fee.
5. Request for provisional admission’s letter from the institute.
6. This admission formalities must be completed in time in order to guarantee the admission.
| University Name | Location | Estimated Fees (Annual) (INR) |
|---|---|---|
| Delhi School of Economics (DSE) - University of Delhi | Delhi | 20,000 - 80,000 |
| University of Mumbai | Mumbai | 30,000 - 1,00,000 |
| University of Calcutta | Kolkata | 20,000 - 70,000 |
| Lucknow University | Lucknow | 15,000 - 60,000 |
| Osmania University | Hyderabad | 25,000 - 90,000 |
| Annamalai University | Annamalainagar | 20,000 - 80,000 |
| University of Madras | Chennai | 15,000 - 60,000 |
| Gujarat University | Ahmedabad | 20,000 - 70,000 |
| Banaras Hindu University (BHU) | Varanasi | 25,000 - 85,000 |
| University of Kerala | Thiruvananthapuram | 18,000 - 65,000 |
| University Name | Location | Estimated Fees (1st Year) (INR) |
|---|---|---|
| Christ (Deemed University) | Bangalore | 1.00 Lakh - 2.00 Lakh |
| Symbiosis School of Economics & Finance (Pune) | Pune | 1.25 Lakh - 2.25 Lakh |
| SP Jain Institute of Management and Research (SPJIMR) | Mumbai | 2.00 Lakh - 3.00 Lakh (MBA Finance) |
| Narsee Monjee Institute of Management Studies (NMIMS) | Mumbai | 1.50 Lakh - 2.75 Lakh |
| Shiv Nadar University | Noida | 1.25 Lakh - 2.00 Lakh |
| Amity University (Various Locations) | Various Locations | 0.75 Lakh - 1.50 Lakh |
| KIIT Deemed University | Bhubaneswar | 0.80 Lakh - 1.80 Lakh |
| Jain (Deemed-to-be University) | Bangalore | 1.00 Lakh - 2.00 Lakh |
| Woxsen School of Business | Hyderabad | 0.80 Lakh - 1.60 Lakh |
| Xavier Institute of Management & Entrepreneurship (XIME) | Bangalore | 1.00 Lakh - 1.75 Lakh |
| Career Path | Specialization Area | Average Salary (Lakhs per Annum) |
|---|---|---|
| Financial Analyst | Corporate Finance, Investment Banking | 4.0 - 8.0+ |
| Investment Banking Analyst | Mergers & Acquisitions, Capital Markets | 5.0 - 10.0+ |
| Portfolio Manager | Wealth Management | 6.0 - 15.0+ |
| Risk Analyst | Market Risk, Credit Risk | 4.0 - 7.0+ |
| Financial Consultant | Financial Planning, Business Valuation | 5.0 - 10.0+ |
| Commercial Banking Associate | Corporate Banking, Credit Analysis | 4.0 - 8.0 |
| Equity Research Analyst | Fundamental Analysis, Industry Research | 4.5 - 8.0+ |
| Treasury Management Analyst | Cash Flow Management, Foreign Exchange | 4.0 - 7.0 |