About the course
MCom Financial Management is a 2 year PG degree which focuses on banking financial services, insurance, commerce, accounting, economics, and management subjects. It can be pursued by the students who have a UG degree from any recognized university.
MCom Financial Management is a postgraduate course that involves a detailed study of modern and historical knowledge of financial and accounting management. It also helps candidates to develop a deep understanding of accounting and finance
The course is designed to provide a wide range of financial skills to the students while building competence in a particular area of business.
Under the M.Com course in Finance, students learn about general business, accounting, finance, business management, human resources, marketing and so on. M.Com in Finance is the right choice for candidates who are interested in pursuing a PG degree to gain knowledge about primary concepts of finance.
In the MCom Financial Management admission process, the candidate’s marks should be 55% minimum marks at the UG level. Every college eligibility criteria differ, where some colleges allow admission through lists while others conduct entrance exams for the same.
Eligibility
- The most essential eligibility criterion for the MCom Financial Management course is to have a graduation degree in the commerce stream. .
- Diploma holder candidates equivalent to the required qualification can go for MCom Financial Management.
- The minimum percentile requirement is 55% marks at graduation level.
- No supplementary will be allowed to go through the admission process.
- Some universities may have a minimum or maximum age limit for admission, but this is rare.
Why to study MCom Financial Management
- Studying MCom Financial Management is beneficial because it provides a deep understanding of financial principles, equipping you with the skills needed to excel in roles like financial analyst, investment advisor, or financial manager within various industries, opening up a wide range of career opportunities in banking, finance, and corporate sectors, with potential for high earning potential and career advancement.
- The business world increasingly requires experts in financial analysis, risk management, and investment strategies, making MCom Finance graduates highly sought-after.
- The curriculum covers advanced financial topics like capital budgeting, valuation analysis, derivatives, portfolio management, and financial modeling, providing a comprehensive understanding of financial markets.
- This degree can serve as a strong foundation for pursuing further specialized qualifications like CFA (Chartered Financial Analyst) or pursuing an MBA with a finance concentration.
- Studying financial management enhances your analytical and problem-solving skills, which are crucial for making informed financial decisions.
Scope of MCom Financial Management
- Financial management is the practice of handling a company's finances to ensure it is successful and compliant with regulations. The primary goal of financial management is to maximize profits by assessing and using available resources to their fullest potential.
- MCom Financial Management graduates can work in sectors like Asset Management, Bank and Financing, Insurance Management, Private Equity, Risk Management, Retail Sector Treasury, Sales and Trading and Stock Market etc. Government jobs such as Lecturer / Professor is also a great option for such graduates.
- Investment banker:Helps organizations raise capital by assessing their financial health, capital needs, and goals. Investment bankers also recommend strategies to meet these needs.
- Auditor:Reviews financial records to ensure they comply with accounting standards and regulations. Auditors also provide recommendations to help businesses improve their financial processes.
Top 10 colleges in India
| S.NO | NAME OF THE COLLEGE | AVERAGE PACKAGE | NO OF SEATS | PLACE |
|---|---|---|---|---|
| 1 | Atma Ram Sanatan Dharma College | RS.7.90 LPA avg | 20 approx | New Delhi |
| 2 | Hindu college | Rs.9.5 LPA avg | 22 approx | Delhi |
| 3 | Ramjas College | Rs.5-6 LPA avg | 26-30 approx | Delhi |
| 4 | Loyola College | Rs.5-10 LPA avg | 40 approx | chennai,Tamilnadu |
| 5 | University of Delhi | Rs.3-16 LPA avg | 19-30 approx | Delhi |
| 6 | Shri Ram College of Commerce | Rs.6-8 LPA avg | 44-50 approx | New Delhi |
| 7 | Hansraj College | Rs.8-23 LPA avg | 35-50 approx | Delhi |
| 8 | Christ University | Rs.2-5 LPA avg | 180 approx | Bangalore |
| 9 | Mithibai College | Rs.4.72 LPA avg | 60 approx | Mumbai |
| 10 | Kishinchand Chellaram College | Rs.5-8 LPA avg | 60 approx | Chennai |
Syllabus of the Course
YEAR 1
| SEM 1 | SEM 2 |
|---|---|
| Business Management | Financial Accounting & Packages |
| Business Environment | Quantitative Methods for Business |
| Business Economics | Financial Management |
| Information Technology for Business | Marketing Management |
| Quantitative Techniques for Business | Human Resource Management |
| Entrepreneurship Development | E-Commerce Management |
YEAR 2
| SEM 3 | SEM 4 |
|---|---|
| Banking & Technology | Banking Law & Practice |
| Advanced Banking | Insurance Actuarial |
| Insurance Products & Management | Bank Management |
| Financial Markets & Services | Insurance & Risk Management |
| Principles of Life Insurance | Financial Derivatives |
| Security Analysis and Investment Management | Portfolio Management |
Fees Structure
| TYPE OF QUOTA | AVERAGE FEES PER YEAR |
|---|---|
| Government Quota | RS.10,000 - 40,000 approx |
| Management Quota | Rs.50,000 - 2,00,000 approx |
Job Roles
- Risk Analyst:A risk analyst identifies, evaluates, and monitors the amount of risk faced by the organization.
- Sales Officer:Sales executives are those who work with companies’ sales teams to determine the best strategy for increasing customer purchases.
- Loan Counsellor:A loan counsellor helps an interested client or borrower to find the best loan scheme for their needs.
- Treasurer:A treasurer is responsible for running the treasury of an organization including cash and liquidity management, corporate finance, and risk management.
- Market Analyst:Market Analyst helps companies determine which products are in demand, who will buy the product, and the price they are willing to pay.