MCom Financial Accounting Admission 2024-25, Eligibility, Answer Key, Top Agencies

M.Com. Financial Accounting Admission CURRENT_YEAR

M.Com Accounting and Finance is a two-year PG program in the commercial field. This is an advanced level of systematic learning centered on finance and accounting. Interested candidates can apply for this program after successfully completing B.Com, BBA or BCA. However, candidates must achieve the required score or grade in order to be admitted to their desired university. There are two types of admission procedures to the M.Com Accounting and Finance program: merit-based and admission-based. Some universities grant admission based on academic performance and some hold entrance exams. Some of the best universities offering M.Com Accounting and Finance are University of Delhi, Aligarh Muslim University, Christ University, Jadavpur University, etc. The average commission ranges from 10,000 INR to 2000 INR. After completing M.Com Accounting and Finance, graduates can move into roles such as accountants, sales analysts, marketing analysts, sales managers, and assistant financial accountants. The average salary offered to freshers is between CTC INR 2.5 lacs to 3 lacs. Recruitment agencies in this field include HCL, ICICI Bank, Bharti Airtel, Amazon, Jio, etc.

M.Com. in Financial Accounting Entrance Exam

Most universities and colleges conduct an entrance exam to select candidates for the M.Com. program.

M.Com. in Financial Accounting Admission

Students must have a degree in economics courses. To get into the university of your choice, you need to take an entrance exam, usually based on MCQs, and score a minimum of the highest marks. Therefore, each university conducts an entrance exam schedule. Some private universities have a merit-based admissions process in addition to entrance exams. Students must graduate from a reputed university with at least 50% marks. After passing the entrance exam conducted by the university on the basis of performance evaluation, you will be invited to apply for the M.Com course. Prior to final registration, students must participate in the university's advising process. Students can apply to private universities based on their final grades. Therefore, after completing the admission process, students will be enrolled in a new academic session.

M.Com. in Financial Accounting Eligibility Criteria

A student has to pass the graduation exam with a minimum of 50% of marks. A student has to pass the graduation course from a central/state/private/deemed-to-be university. A student must have completed their graduation course in B.Com, BCA, BBA, B.Com(Hons.), or B.Com (Economics). Students who belong to the reserved category have been given some relaxation in the eligibility criteria.

M.Com. in Financial Accounting Duration

• The M.Com. in Financial Accounting program is typically a 2-year program.

M.Com. in Financial Accounting Selection Criteria

• The selection of candidates for the M.Com. program is based on their performance in the entrance exam and their academic record.

M.Com. in Financial Accounting How to Apply

Candidates can apply for the M.Com. program online or offline by filling out the application form and submitting it to the university or college. Study Program: Start researching universities offering M.Com. A program specializing in financial accounting. Consider factors such as the program's curriculum, faculty expertise, certifications, and on-campus facilities. Check admission requirements: Each institution may have slightly different admission requirements. Generally, for M.Com; To study financial accounting, you need a bachelor's degree in commerce or a related field with in-depth knowledge of accounting and finance. Some programs may also require a certain GPA (Grade Point Average) or standardized test scores such as GRE (Graduate Record Exam) or GMAT (Graduate Management Admission Test).

M.Com. in Financial Accounting Application Form

• The application form for the M.Com. program is available on the official website of the university or college.

M.Com. in Financial Accounting Application Process

• The application process for the M.Com. program typically involves filling out the application form, paying the application fee, submitting the required documents, and appearing for the entrance exam.

M.Com. in Financial Accounting Fee

• The fee for the M.Com. program varies depending on the university or college. Typically, the fee ranges from INR 20,000 to INR 1,00,000 per year.

M.Com. in Financial Accounting Syllabus

M.Com. in Financial Accounting Salary and Jobs

After completing the M.Com. in Financial Accounting program, graduates can work in various industries as accountants, financial analysts, tax consultants, auditors, and financial planners. The salary for these positions can range from INR 3,00,000 to INR 10,00,000 per year.

M.Com. in Financial Accounting Career Opportunities

There are numerous career opportunities for M.Com. in Financial Accounting graduates in various industries such as accounting, finance, banking, insurance, and taxation. They can also pursue further studies such as a Ph.D. in Accounting or an MBA in Finance to advance their career.

M.Com. Financial Accounting is an master level commerce course that lasts for a duration of 2 years. Admission process of this course is carried out based on the student perfomance in their secondary exams. Also some colleges or universities may involves their entrance exam score and those entrance test also involves different quantitative tests. Syllabus of this course is divided into 4-semesters and it provide on part-time basis by certain institutes. This course is offered by many colleges or universities in their campus in the country. It is career presenting in nature and provide many job opportunities for the candidates after its successful completion. 

M.Com. Financial Accounting Job Scope:

• Accounts assistant 
• Business assist
• Marketing analyst 
• Financial analyst 
• Security analyst
• Operations Manager 
• Corporate analyst 
• Operation Manager 
• Securities analyst 
• Investment analyst 
• Senior accountant

M.Com. Financial Accounting Pay Scale:

• Business assist  -  Rs 20,000 – 40,000
• Security analyst  -  Rs 20,000 – 40,000
• Financial Analyst  -  Rs 40,000 – 50,000
• Market Analyst  -  Rs 50,000 – 60,000
• Accountant  -  Rs 40,000 -60,000