The M.Com (Master of Commerce) in Financial Management is a 2 years full time post graduation program that offers deeper understanding of the concepts and practices associated with different branches of finance. This course includes subjects like financial management, security analysis and portfolio management, financial institutions and markets, financial accounting, management accounting, corporate finance, international financial management and so on This curriculum is designed not only to teach the fundamentals of financial management but also to equip students with the practical tools which may be helpful in financial profession.
There are several entrance tests through which students can seek admission in M.Com Financial Management course in different colleges and universities. The entrance tests commonly taken by the candidates include CAT, XAT, CMAT, MAT, ATMA, AMU, DU, BHU, JNUEE, IGNOU OPENMAT, GATE, and state tests. Other than these, some of the institutes provide admission through percentile scores in the under graduate examination and GD/PI.
Category | Detail |
---|---|
Full Form | Master of Commerce (Financial Management) |
Duration | 2 Years (4 Semesters) |
Course Level | Post Graduate |
Eligibility | Bachelor's Degree in Commerce (B.Com) with minimum marks (varies by institution) |
Top Colleges (India) | Indian Institute of Management Calcutta (IIM Calcutta), Narsee Monjee Institute of Management Studies (NMIMS) Mumbai, Faculty of Management Studies (University of Delhi), Symbiosis School of Economics & Finance (SSEF), Shiv Nadar University |
Entrance Exams (Common) | Common Admission Test (CAT), Management Aptitude Test (MAT), Institution Specific Entrance Exams |
1. Minimum graduation in commerce or in any related field from a recognized university with a minimum of 50% of total marks.
2. Other backgrounds can be considered if the candidate has relevant work experience in a particular field.
3. Mathematics as one of the subjects taught in Class 12 is compulsory for some of the colleges.
4. few of the colleges have their own entrance exam for admission along with the merit basis.
5. Credit toward prior work experience in finance domain could be given more consideration or waiver on certain requirements.
6. Linguistic test results in terms of English language proficiency are sometimes demanded when applying for certain institutes as passing condition.
1. CAT – Common Admission Test for MBA/PGDBM and other Post Graduate management programs offered by the IIMs and many other B-schools including M.Com.
2. CET: Common entrance test, normally conducted by state and central universities for admissions into M.Com
3. NPAT : National Post Graduate Aptitude Test conducted by the Narsee Monjee Institute of Management Studies for its Master of Commerce course.
4. SNAP – Symbiosis National Aptitude Test this is an examination for admission to the postgraduate course M.Com Financial Management in Symbiosis Pune.
5. CET – Common Entrance Test for the students who want to take admission in the Maharashtra state colleges.
Subject | Important Topics |
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Financial Accounting & Analysis | Financial Statements & Analysis, Ratio Analysis, Cash Flow Analysis, IFRS Standards |
Financial Management Fundamentals | Time Value of Money, Capital Budgeting Techniques, Cost of Capital, Working Capital Management |
Investment Management | Portfolio Management Strategies, Risk & Return Analysis, Investment Avenues (Equity, Debt, Derivatives), Security Valuation |
Financial Markets & Institutions | Money Market Operations, Capital Market Instruments (Equity, Debt), Derivatives Markets, Role of RBI and SEBI |
Corporate Finance | Mergers & Acquisitions, Capital Structure Theories, Dividend Policy, Corporate Valuation |
Financial Risk Management | Credit Risk Analysis & Management, Market Risk Management, Operational Risk Management, Financial Modeling for Risk Assessment |
Financial Services & Products | Insurance Products & Risk Management, Mutual Funds & Investment Options, Wealth Management Services |
International Finance | Foreign Exchange Markets & Transactions, International Trade Finance, Foreign Direct Investment (FDI) |
Elective Courses | Financial Management in a Digital World, Financial Modeling & Valuation Techniques, Behavioral Finance, Financial Inclusion & Social Impact Investing |
1. Check eligibility - The candidate should have completed a Bachelor’s degree in any discipline with at least 50% marks from a University recognized by UGC.
2. Identify some universities/colleges that you would like to attend and make sure you know the admission requirements and when they are due. Some of the options that are preferred by the students are Delhi University.
3. Online application or offline application form available, to apply for the job they need to fill the application form and pay the application fees. Attach necessary documents.
4. Take an entrance test if you are in a position to sit for a university or college entrance test. Large-scale surveys are also conducted by some to carry out group discussions and personal interviews.
5. Find out the admission list which are released by the universities/colleges. Contact college where applied in case you were selected.
6. A student should clear all the admission procedures that include paying for his or her fees, submitting other essential documents, and then getting admitted. Visit college orientation and induction sessions.
College Name | Location | Fees (Approx. Yearly) |
---|---|---|
Delhi School of Economics (University of Delhi) | Delhi | ₹50,000 - ₹70,000 |
University of Mumbai | Mumbai | ₹20,000 - ₹30,000 |
Madras Christian College | Chennai | ₹30,000 - ₹40,000 |
Lucknow University | Lucknow | ₹15,000 - ₹20,000 |
Fergusson College (University of Pune) | Pune | ₹25,000 - ₹35,000 |
The Maharaja Sayajirao University of Baroda | Vadodara | ₹20,000 - ₹30,000 |
Osmania University | Hyderabad | ₹12,000 - ₹18,000 |
Banaras Hindu University | Varanasi | ₹25,000 - ₹35,000 |
University of Calcutta | Kolkata | ₹15,000 - ₹20,000 |
Andhra University | Visakhapatnam | ₹10,000 - ₹15,000 |
College Name | Location | Fees (Approx. Yearly) |
---|---|---|
Indian Institute of Management Calcutta (IIM Calcutta) | Kolkata | ₹20,00,000 - ₹25,00,000 |
Narsee Monjee Institute of Management Studies (NMIMS) Mumbai | Mumbai | ₹2,20,000 - ₹3,00,000 |
Faculty of Management Studies (University of Delhi) | Delhi | ₹1,00,000 - ₹1,50,000 |
Symbiosis School of Economics & Finance (SSEF) | Pune | ₹2,00,000 - ₹3,00,000 |
Shiv Nadar University | Gautam Buddh Nagar | ₹3,00,000 - ₹4,00,000 |
SP Jain Institute of Management and Research (SPJIMR) | Mumbai | ₹18,00,000 - ₹20,00,000 |
MDI Gurgaon | Gurgaon | ₹15,00,000 - ₹20,00,000 |
Xavier School of Management (XLRI) | Jamshedpur | ₹12,00,000 - ₹15,00,000 |
KJ Somaiya Institute of Management Studies and Research (SIMSR) | Mumbai | ₹2,00,000 - ₹2,50,000 |
College Name | Location | Average CTC (Approx.) |
---|---|---|
Indian Institute of Management Calcutta (IIM Calcutta) | Kolkata | ₹18 Lakhs - ₹25 Lakhs |
SP Jain Institute of Management and Research (SPJIMR) | Mumbai | ₹14 Lakhs - ₹18 Lakhs |
Shiv Nadar University | Gautam Buddh Nagar | ₹10 Lakhs - ₹15 Lakhs |
Faculty of Management Studies (University of Delhi) | Delhi | ₹8 Lakhs - ₹12 Lakhs |
Narsee Monjee Institute of Management Studies (NMIMS) Mumbai | Mumbai | ₹7 Lakhs - ₹10 Lakhs |
Symbiosis School of Economics & Finance (SSEF) | Pune | ₹6 Lakhs - ₹9 Lakhs |
Amity School of Business (ASB) | Noida | ₹4 Lakhs - ₹7 Lakhs |
KJ Somaiya Institute of Management Studies and Research (SIMSR) | Mumbai | ₹3.5 Lakhs - ₹6 Lakhs |
Specialization | Job Roles | Average Salary (Approx. Yearly) |
---|---|---|
Financial Management (General) | - Financial Analyst - Management Accountant - Corporate Finance Analyst | ₹4 Lakhs - ₹8 Lakhs |
Investment Management | - Investment Analyst - Portfolio Manager - Wealth Management Advisor | ₹5 Lakhs - ₹10 Lakhs |
Risk Management | - Credit Risk Analyst - Market Risk Analyst - Operational Risk Analyst | ₹4 Lakhs - ₹8 Lakhs |
Financial Modeling | - Financial Modeling Specialist - Valuation Analyst - Business Analyst (Finance) | ₹4.5 Lakhs - ₹9 Lakhs |
Treasury Management | - Treasury Analyst - Cash Flow Management Specialist - Foreign Exchange Analyst | ₹5 Lakhs - ₹9 Lakhs |
Fintech | - Fintech Analyst - Product Manager (Financial Services) - Business Development (Fintech) | ₹4 Lakhs - ₹8 Lakhs |