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Master of Finance and Control (MFC)
Master of Finance and Control


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Duration:2 Years
Level:Post Graduation
Type:Degree
Eligibility:Graduation


Master of Finance and Control (MFC) is postgraduate financial services management commerce. This course generally covers the study in finance and accounting and a super-specialisation in the last semester to equip students with skills in financial planning, decision-making and control while familiarising them with the financial and regulatory environment. Master of Finance & Control (MFC) degree course comprises the lessons in the basic areas of managerial decision-making such as Organizational Behaviour, Managerial Economics, Quantitative Techniques, Financial Accounting, Corporate Laws, etc., as well as in different areas of finance such as Financial Management, Financial Services, International Finance, International Accounting, Investment Management, Project Appraisal, etc. The duration of the course is two years and its syllabus is divided into four semesters.

Master of Finance and Control (MFC) Eligibility

  • The basic eligibility criterion for pursuing Master of Finance & Control (MFC) degree is a graduation/post-graduation in any discipline, viz. Arts, Humanities, Commerce, Management, Social Sciences, Mathematical Sciences, Engineering, Technology, Agriculture, Law, Pharmacy and Medicine.
  • Some of the very reputed universities and institutes demand a minimum of 45-50% marks in graduation and also conduct entrance examination to get admission to their Master of Finance & Control (MFC) degree course. The admission test is on the same lines as Common Admission Test (CAT) with emphasis on current business and financial environment, followed by a Group Discussion (GD) and interview.
  • Selection to the degree course in these colleges is based on marks secured in the final merit i.e. total marks aggregated in the final exams of graduation and the entrance exam.

Master of Finance and Control (MFC) Syllabus

The below mentioned syllabus is provided by Banaras Hindu University, Varanasi.

Semester I

Sr. No.

Subject of Study

1

Management Concepts and Organisational Behaviour

2

Financial Accounting

3

Quantitative Techniques

4

Managerial Economics

5

Marketing Management

6

Financial System in India

7

Business Environment

Semester II

1

Computer Application in Business   

2

Project Management and Entrepreneurship

3

Business Finance

4

Funds Management in Banking and Insurance Sectors

5

Securities Market Operations

6

Operations Research

7

Viva-Voce

Semester III

 

1

Managerial Accounting

2

Financial Decision Making

3

Business Policy and Strategic Financial Management

4

E-Commerce

5

Derivatives and Risk Management

6

Management Information System

7

Summer Training Report

Semester IV

 

1

Corporate Tax Planning and Management

2

Management Control System

3

Working Capital Management

4

Security Analysis and Portfolio Management

5

Financial Services

6

International Financial Management

7

Project Report

8

Viva-Voce

 

Master of Finance and Control (MFC) Colleges

Master of Finance and Control (MFC) Suitability

  • Students those who have an interest in finance, commerce and other Mathematical activities can go for this course.
  • Those who want to become professor or lecturer also are most suitable for it.
  • They should be use of keeping themselves up to date the knowledge about the subject and the current global- national financial scenario.
  • They should have good mathematical and analytical skills, knowledge of latest computer technology, integrity, problem-solving, decision-making and organization skills.
  • They must have the idea about the corporate system and be aware of all the tax and other financial laws regarding their industry.

How is Master of Finance and Control (MFC) Course Beneficial?

  • Master of Finance & Control (MFC) degree serves as a basis for career opportunities in many diverse sectors such as Investment Banking, Equity Research, Wealth Management, Corporate Treasuries, Core Banking and Insurance, Real Estate and Commodity Markets, Business and Financial Counselling, Corporate Finance, International Finance, Merchant Banking, Capital and Money Markets, Portfolio Management, Investment Advisory Services, Credit Rating, Venture Capital, Forex Advisory Services, etc.
  • Master of Finance & Control (MFC) degree course equips students with the requisite knowledge and skills in financial planning, decision-making and control.
  • They can also have jobs in non-profit organizations such as charity associations are also in need of a finance managers.

Master of Finance and Control (MFC) Employment Areas

  • Business and Financial Consulting Firms
  • Banking and Financial Institutions
  • Corporate and International Finance
  • Core Banking and Insurance
  • Corporate Treasuries
  • Credit Rating Agencies
  • Depository Services and Stock Broking
  • Economic Consulting Jobs
  • Equity Research
  • Finance, Commerce and the Banking Sectors
  • Financial Consultancy and Advisory Services
  • Import / Export Companies
  • Indian Economic Services
  • Investment Banking
  • Insurance Industry
  • Insurance Management
  • Investment Analysis
  • Leasing
  • Mutual Funds
  • Merchant Banking
  • Money and Capital Markets including Stock Exchanges
  • Portfolio Management
  • Project Appraisal
  • Real Estate and Commodity Markets
  • Research Associates with Economic Consulting Firms
  • Risk Management
  • Treasury Operations and Management
  • Various Corporate Sectors in their Marketing and Finance Departments
  • Venture Capital
  • Wealth Management

Master of Finance and Control (MFC) Job Types

  • Accountant
  • Budget Analyst
  • Business Analyst
  • Corporate Analyst
  • Equity Research Analyst
  • Financial Analyst
  • Investments Analyst
  • Investment Banker
  • Market Analyst
  • Marketing Manager
  • Money Manager
  • Operations Manager
  • Personal Finance Consultant
  • Revenue Agent
  • Risk Analyst
  • Securities Analyst
  • Tax Advisor
After completing Master of Finance and Control (MFC) you can become:
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