M.Com Advanced Accountancy

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Master of Commerce in Advanced Accountancy

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation

M.Com Advanced Accountancy or Master of Commerce in Advanced Accountancy is a Post-Graduate Accounts course. Advanced Accountancy covers accounting operations, patterns, a merger of public holding companies, foreign currency operations, and changing financial statements prepared in foreign and local currencies. Advanced Accounting explores the financial accounting area in detail.

The subjects studied under the Master of Commerce degree in Advanced Accountancy are business combination, consolidated financial statements, the equity method of reporting investments, insolvency, and partnerships. The duration of the Master of Commerce course in Advanced Accountancy is two years and it offers many career opportunities after its successful completion.

M.Com Advanced Accountancy Eligibility

  • Aspiring candidates should have passed a B.Com or BBA (earlier BBS) degree of the 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 of 45% marks.
  • OBC and SC/ST students are eligible for relaxation as per University rules.

M.Com Advanced Accountancy Syllabus

Syllabus of Advanced Accountancy course as prescribed by various Universities and Colleges.

M.Com Advanced Accountancy Semester-I

Sr. No.

Subjects of Study

1

Advanced Accounting

2

Management Accounting

M.Com Advanced Accountancy Semester-II

1

Business Taxation

2

Principles of Management and Management Information System (MIS)

M.Com Advanced Accountancy Semester-III

1

Advanced Auditing

2

Business Finance

3

Industrial Economics or Business Statistics

M.Com Advanced Accountancy Semester-IV

1

Advanced Accounting and Taxation

2

Research in Accounting

3

Project Work

 

M.Com Advanced Accountancy Colleges

M.Com Advanced Accountancy Course Suitability

  • The Master's 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 to further higher studies such as research work are a good match for it.

How is the M.Com Advanced Accountancy Course Beneficial?

  • A student can apply for the UGC-NET or JRF exam (Master's degree with 55%). After these exams, they can go for a teaching or research area. 
  • The degree serves as a foundation for further advanced studies and research in this area such as a Ph.D. degree in Commerce. 
  • Applicants also have the option of joining banking, investment, and insurance areas that 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 cover many areas such as audit and advisory work, taxation, business consulting, insurance, and management accounting.

M.Com Advanced Accountancy Employment Areas

  • Banking Sectors
  • Insurance Industry
  • Indian Economic Services
  • Import/Export Companies
  • Indian Statistical Services
  • UPSC

M.Com Advanced Accountancy Job Types

  • Accounts Assistant & Business Analyst
  • Corporate Analyst & Accountant
  • Financial Analyst
  • Finance Manager & Executive Assistant
  • Investments Analyst & Marketing Manager / Investment Banker & Assistant Accountant
  • Money Manager & Market Analyst
  • Operations Manager & Risk Analyst
  • Personal Finance Consultant
  • Securities Analyst & Senior Accountant