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.
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
Import / Export Companies
Indian Civil Services
Indian Statistical Services
Indian Economic Services
M.Com. Accounting & Finance Job Types
Business Analyst & Corporate Analyst
Financial Analysts & Finance Manager
Investment Banker & Market Analysts
Marketing Manager & Money Manager
Personal Finance Consultant
Securities Analyst & Risk Analyst
After completing M.Com. (Accounting and Finance) you can become: