M.Com. Banking & Finance or Master of Commerce in Banking & Finance is a postgraduate Banking course. Banking and Finance is the study of the concepts of Banking, Banking Law, Finance and Financial Management. In other words, M.Com. (Banking & Finance) is a degree program in which, apart from a general course study in Commerce, the primary focus is on the systematic study of the concepts in the specialised subjects and topics related to Banking & Finance circles. The duration of the course is two years and it is an important one that provides many career scopes to the applicants after its successful completion.
M.Com. Banking & Finance Eligibility
The basic eligibility criterion for pursuing M.Com. (Banking & 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. (Banking & 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. (Banking & 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.
They should have good communication skills and completion abilities.
They should have very strong mathematical ability skills which are necessary for investment banking.
They should have teamwork skills that is must and necessary for banking and finance lines.
Students should be hard worker as they have to work for long hours and have to deal with various types of peoples during the course and jobs as well.
How is M.Com. Banking & Finance Course Beneficial?
M.Com. (Banking & Finance) degree serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. Degree in Banking & Finance.
On successful completion of Master’s degree in Banking & Finance, a student can apply for the UGC-NET or JRF exam; the success in these exams makes teaching or research as good options.
The M.Com. (Banking & Finance) degree course prepares students for a professional qualification in Banking & Finance and provides a solid base in the fields of Banking & Insurance, thus making it easier to acquire a leadership / managerial role in both the Banking & Finance sectors.
They can also start self-employment such private financing in general public.
M.Com. Banking & Finance Employment Areas
Economic Consulting Jobs
Indian Civil Services
Indian Economic Services
Research Associates with Economic Consulting Firms
Savings and Loan Associations
M.Com. Banking & Finance Job Types
Administrative Officer (AO)
Credit and Risk Manager
Customer Service Representative
Marketing and Sales Executive
Equity Research Analyst
Assistant Administrative Officer (AAO)
Loss Control Specialist
Personal Financial Advisor
Colleges and Institutes
Colleges offering M.Com. (Banking and Finance) in India