M.Com Accounting and Finance is a 2 year PG program in the field of commerce. It is an advanced level of systematic study that is focused on finance and accounting topics. An interested candidate can apply for this program after the successful completion of B.Com, BBA, or BCA. However, a candidate needs to score the required percentage or grade to seek admission to their desired college. For admission, there are two types of processes to get enrolled in the M.Com Accounting and Finance program, merit/entrance based. Some universities enroll the students based on merit scores, and some of them conduct the entrance exam for enrollment. Top colleges offering M.Com Accounting and Finance are University of Delhi, Aligarh Muslim University, Christ University, Jadavpur University, and many more. The average fee may range between INR 10,000 to INR 2 Lakhs. After completing M.Com Accounting and Finance, graduates can take up roles like accountant, sales analyst, marketing analyst, sales manager, assistant finance accountant, etc. The average salary offered to the freshers ranges between CTC INR 2.5 lacs to 3 lacs. The recruiting companies in this field of work are HCL, ICICI Bank, Bharti Airtel, Amazon, Jio, etc.
Course Name | M.Com. in Accounting and Finance |
Course type | Full time |
Course Duration | 2 years |
Course Examination Type | Offline or Online (if needed) |
Course Eligibility | Bachelor's degree |
Course Admission process | Merit/Entrance based |
Course Fee | INR 8,000 - 2 lacs |
Course Average Salary | 2.5 lacs - 3 lacs annually |
Top Recruiting companies | Amazon, Jio, HCL, Airtel, HDFC Bank, Flipkart, ICICI Bank, etc. |
Job Position | Accounting Manager, Assistant Manager, Supervisor, Senior Accountant, Investment Analysts, etc. |
The eligibility criteria for M.Com. in Accounting and Finance vary from university to university. However, the general eligibility criteria are:
Bachelor's degree in Commerce or related field with a minimum of 50% marks
Some universities may also require the candidate to have studied specific subjects in their graduation program
Some universities conduct entrance exams for admission to the M.Com. in Accounting and Finance program. The entrance exam may be conducted online or offline, and it usually consists of multiple-choice questions based on the syllabus.
The admission process for M.Com. in Accounting and Finance may vary from university to university. However, the general admission process is as follows:
The candidate needs to fill out the application form for the respective university and course.
The candidate may have to appear for an entrance exam if the university conducts one.
The university will prepare a merit list based on the candidate's entrance exam scores or graduation marks.
The candidate will be called for a counseling session or interview if required.
The university will release the final list of selected candidates, and the candidate will have to complete the admission process by paying the fees.
First Year | Second Year |
Indirect Taxation | Management Accounting |
Insurance and risk management | Managerial Finance |
International Financial Management | Modern Banking |
Business Environment | E-Commerce |
Computer Applications in Business | Economics of Global Trade and Finance |
Corporate Legal Environment | Corporate Financial Accounting |
After completing an M.Com. in Accounting and Finance, there are numerous career opportunities available in the finance and accounting industry. Some of the popular job roles are:
Chartered Accountant
Financial Analyst
Tax Consultant
Auditor
Investment Banker
Accounts Executive
Risk Analyst
Equity Research Analyst
The average salary for an M.Com. in Accounting and Finance graduate is around INR 4-6 lakh per annum. However, the salary may vary based on the candidate's skills, experience, and job role.
M.Com. Accounting and Finance is master level program with duration of 2 years. Syllabus of this course is divided into 4 semester. In simpler terms Accounting can be defined as the proper management of economy , business of the solid, by trust, it in a book or entry type format. With successful business and thickening and good time, partnership being require a faithful set of personnel who can handle their finance related matters in and active and active manner. This, in turn, has get bigger the demand for modification commerce background students in the production. This course reach these aim through its all-inclusive syllabus and large cover area that arrange the students with a 360-degree review of the idea and prominent.