M.Com. Advanced Accountancy or Master of Commerce in Advanced Accountancy is postgraduate Accounts course. Advanced Accountancy covers accounting operations, patterns, merger of public holding companies, foreign currency operations, changing financial statement prepared in foreign and local currencies. Advanced Accounting explores financial accounting area in detail. Subjects studied under this degree are business combination, consolidated financial statements, equity method of reporting investments, insolvency, and partnerships. The duration of the course is two years and it offers many career opportunities after its successful completion.
M.Com. Advanced Accountancy Eligibility
Candidates who has passed B.Com. or BBA (earlier BBS) degree of University of Calicut or B.Com., BBA or BBM or BBS degree of any other University or Institute in any state recognized by UGC or AICTE with a minimum or 45% marks is eligible for admission.
OBC and SC / ST students are eligible for relaxation as per University rules.
The Master degree course is suitable for those candidates who desire extensive knowledge in the field of Accountancy and other commercial activities in the very field.
They should have the knowledge and awareness of business organizations, such as how to operate and manage and which may enhance your commercial awareness.
Other essential skills are numerical and quantitative skills, problem-solving and analytical ability and oral and written communication skills.
Candidates with good academic records and willing for further higher studies such as research work are good match for it.
How is M.Com. Advanced AccountancyCourse Beneficial?
A student can apply for the UGC-NET or JRF exam (Master degree with 55%). After these exams, they can go for teaching or research area.
Degree serves as a foundation for further advanced studies and research in this area such as Ph.D. and M.Phil. Degree in Commerce.
Applicants also have the option of joining banking, investment and insurance areas which cover a wide range of jobs in investment banks, commercial banks and building societies, broking firms, independent financial advisers, insurance and reinsurance companies.
Other job scopes for them are in accountancy and business services that covers many areas such as audit and advisory work, taxation, business consulting, insurance and management accounting.
M.Com. Advanced AccountancyEmployment Areas
Economic Consulting Jobs
Finance, Commerce and the Banking Sectors
Import / Export Companies
Indian Civil Services
Indian Economic Services
Indian Statistical Services
Research Associates with Economic Consulting Firms
Various Corporate Sectors in their Marketing and Accounts Sections
M.Com. Advanced AccountancyJob Types
Finance Manager & Executive Assistant
Investment Banker & Assistant Accountant
Corporate Analyst & Accountant
Investments Analyst & Marketing Manager
Accounts Assistant & Business Analyst
Money Manager & Market Analysts
Personal Finance Consultant
Operations Manager & Risk Analyst
Securities Analyst & Senior Accountant
Colleges and Institutes
Colleges offering M.Com. (Advanced Accountancy) in India