M.Com. (Accounting and Finance)

Master of Commerce in Accounting and Finance

Duration: 2 Years
Level: Post Graduation
Type: Degree
Eligibility: B.Com. or Grad (Honours) in Economics/Management

M.Com. Accounting & Finance or Master of Commerce in Accounting & Finance is a postgraduate Accounts course. Accounting and Finance covers the study of principles of accounting, financial planning, economic theory, micro and macroeconomics, money and banking systems, knowledge about business, trade and its characteristics and policies involved, etc. In simpler words, M.Com. (Accounting & Finance) is a postgraduate degree program that primarily focuses on the systematic study of the concepts in the specialized subjects and topics related to the fields of Accounting and Finance. The duration of the course is two years and it is career orienting in nature.

M.Com. Accounting & Finance Eligibility

  • The basic eligibility criterion for pursuing M.Com. (Accounting & Finance) degree is having graduation degree in Commerce stream.
  • However, as an alternative criterion, many universities accept graduation degree with Honours in Accountancy, Economics or Business/Management Studies for admission to their M.Com. (Accounting & Finance) degree course.
  • Some of the very reputed universities and institutes demand a minimum of     45-50% marks in graduation as qualifying criteria to secure admission in this course and some also conduct entrance examination to get admission to their M.Com. (Accounting & Finance) degree course. 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.

M.Com. Accounting & Finance Syllabus

The following are study related subjects:-

Sr. No.

Subjects of Study

1

Accounting for Business Decisions

2

Accounting Theory and Standards

3

Advanced Corporate Accounting

4

Advanced Financial Accounting 

5

Applied Cost Accounting 

6

Business Research Methods 

7

Computerized Accounting with Tally 

8

Communicative Skills 

9

Cost Control Techniques

10

Costing Methods

11

Direct Taxes 

12

E-Commerce 

13

Enterprise Resource Planning 

14

Financial Accounting

15

Financial Markets and Institutions 

16

Financial Management 

17

Financial Services 

18

Human Resource Management 

19

Indirect Taxation 

20

Insurance and Risk Management 

21

International Financial Management 

22

Investment & Portfolio Management

23

Management Accounting 

24

Management Information Systems 

25

Management of Financial Services

26

Managerial Finance

27

Modern Banking 

28

Principles of Accounting

29

Principles of Insurance Management

30

Principles of Modern Banking

31

Principles of Personal Finance

32

Project Management

33

Quantitative Techniques for Finance

34

Security Analysis and Portfolio Management

 

M.Com. Accounting & Finance Colleges

M.Com. Accounting & Finance Course Suitability

  • Those who want to go for further higher studies and research in the field of Accounting & Finance and want to become teacher / lecturer in several universities and colleges are good suit for it.
  • They should have creative thinking and should possess good communicative and interpersonal skill.
  • They should be update about the subject and the current global- national financial scenario and other activities.
  • Applicants also have the idea about the corporate system and aware of all the tax and other financial laws regarding their industry.

How is M.Com. Accounting & Finance Course Beneficial?

  • M.Com. (Accounting & Finance) degree serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. Degree in Accounting & Finance.
  • On successful completion of Master’s degree in Accounting & Finance, a student can apply for the UGC-NET or JRF exam; the success in these exams makes teaching or research as good options.
  • A Master's Degree in Accounting & Finance prepares a post graduate for a wide variety of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant.
  • M.Com. (Accounting & Finance) degree makes one eligible to work in Accounts and Finance departments of various firms & companies, banks, government departments and agencies, educational institutions and a number of other types of organizations.
  • M.Com. (Accounting & Finance) degree course prepares students for a professional qualification in finance and accounting and provides a solid base in the field of Accounting and Finance, thus making it easier to acquire a leadership / managerial role in the financial sector.

M.Com. Accounting & Finance Employment Areas

  • Various Corporate Sectors in their Marketing and Accounts Sections
  • Finance, Commerce and the Banking Sectors
  • Research Associates with Economic Consulting Firms
  • Economic Consulting Jobs
  • Customs Department
  • Import / Export Companies
  • Indian Civil Services
  • Indian Statistical Services
  • Indian Economic Services
  • Insurance Industry
  • Investments

M.Com. Accounting & Finance Job Types

  • Accounts Assistant             
  • Assistant Accountant           
  • Accountant
  • Business Analyst & Corporate Analyst
  • Executive Assistant
  • Financial Analysts & Finance Manager 
  • Investments Analyst
  • Investment Banker & Market Analysts
  • Marketing Manager & Money Manager
  • Operations Manager
  • Personal Finance Consultant
  • Securities Analyst & Risk Analyst
  • Senior Accountant
After completing M.Com. (Accounting and Finance) you can become:
Accounts Courses
Accounts Degree Courses
B.B.A. (Accounting and Finance)
B.Com. (Accountancy)
B.Com. (Accounting & Taxation)
B.Com. (Accounting and Finance)
B.Com. (Advanced Accountancy)
B.Com. (Corporate Accountancy)
B.Com. (Elements of Cost and Management Accounting)
B.Com. (Hons.) (Accountancy)
B.Com. (Hons.) (Accounting and Finance)
B.Com. (Hons.) (Direct and Indirect Taxation)
B.Com. (Hons.) (International Accounting)
B.Com. (Hons.) (Taxation)
B.Com. (Principles and Practice of Accountancy)
B.Com. (Tax Procedure and practice)
B.Com. (Taxation)
M.B.A. (Cost & Management Accounting)
M.Com. (Accountancy and Business Statistics)
M.Com. (Accountancy)
M.Com. (Accounting and Auditing)
M.Com. (Accounting and Taxation)
M.Com. (Advanced Accountancy)
M.Com. (Corporate Accountancy)
M.Com. (Cost Control and Control Accounts)
M.Com. (Hons.)
M.Phil. (Accounting)
Accounts Diploma Courses
Advanced Diploma in Financial Accounting & Taxation
Advanced Diploma In Taxation
Diploma in Accounting & Auditing
Diploma in Accounting Management (DAM)
Diploma in Advance Accounting
Diploma in Advance Cost Accounting
Diploma in Computerised Accounting and Financial Decision-Making (DCAFD)
Diploma in Customs & Central Excise (DCCE)
Diploma in Finance, Budget and Accounting (DFBA)
Diploma in Tally Software
Diploma in Treasury Investment and Risk Management
PGDAS - Post Graduate Diploma in Accounting Software
PGDPA - Post Graduate Diploma in Professional Accounting
Post Graduate Diploma in International Financial Accounting System (PGDIFAS)
Post Graduate Diploma in Taxation
Post Graduate Program in Tax Management (P.G.P.T.M.)
Professional Diploma in Accounting
Accounts Certificate Courses
ACCA - Association of Chartered Certified Accountants
Association of Chartered Certified Accountants
Certificate Course in Central Excise (CCCE)
Certificate Course in Financial Accounting & Taxation (CCFAT)
Certificate Course in Income Tax (CCIT)
Certificate in Accounting
Certificate in Accounting Technicians (CAT)
Certificate Programme on Capital Markets (CPCM)
Certified Management Accountant
Certified Public Accountant (CPA)
CIMA - Chartered Institute of Management Accountant
  Page Views: 7775 | Updated On: 10-Jun-2013