M.Com Management Accounting & Financial Strategies

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Master of Commerce in Management Accounting & Financial Strategies

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

B.Com / B.Com Honors in Economics / Management

M.Com Management Accounting & Financial Strategies or Master of Commerce in Management Accounting & Financial Strategies is a postgraduate Finance course. The Master of Commerce degree program in Management Accounting & Financial Strategies covers the study of principles of accounting, financial planning, and strategies, economic theory, micro and macroeconomics, knowledge about business, trade and its characteristics and policies involved, etc.

In simpler words, a Master of Commerce (MA & FS) 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 Management Accounting and Finance. The Master of Commerce degree course in Management Accounting & Financial Strategies is of two years duration and it offers many types of careers to the candidates after its completion.

M.Com Management Accounting & Financial Strategies Eligibility

  • Aspiring students should have completed a graduate degree in Commerce stream.
  • However, as an alternative criterion, many universities accept graduation degrees with Honours in Accountancy, Economics, or Business/Management Studies for admission to their M.Com (MA & FS) degree course.
  • Specifically, Indira Gandhi National Open University (IGNOU) demands that students who have passed in ICWAI Intermediate or Final course are eligible to seek admission to its M.Com. (Management Accounting & Financial Strategies) degree course designed and developed in collaboration with the Institute of Cost and works accountants of India, exclusively for ICWAI students.
  • 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 examinations to get admission to their M.Com (MA & FS) 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 Management Accounting & Financial Strategies Syllabus

Syllabus of Management Accounting & Financial Strategies course as prescribed by various Universities and Colleges.

M.Com Management Accounting & Financial Strategies Semester-I

Sr. No.

Subjects to Study

1

Applied Cost Accounting 

2

Advanced Financial Accounting 

3

Advanced Corporate Accounting

4

Accounting for Business Decisions

5

Accounting Theory and Standards

6

Business Research Methods 

M.Com Management Accounting & Financial Strategies Semester-II

1

E-Commerce 

2

Enterprise Resource Planning 

3

Financial Services

4

Financial Accounting

5

Financial Management 

6

Financial Markets and Institutions 

M.Com Management Accounting & Financial Strategies Semester-III

1

International Financial Management

2

International Business Environment or Business Environment

3

International Marketing Management or Marketing Management

4

Management Accounting 

5

Management of Financial Services

6

Management Information Systems 

M.Com Management Accounting & Financial Strategies Semester-IV

1

Managerial Finance

2

Organization Theory and Behaviour

3

Principles of Accounting

4

Principles of Personal Finance

5

Research Methodology and Statistical Analysis

 

M.Com Management Accounting & Financial Strategies Colleges

M.Com Management Accounting & Financial Strategies Course Suitability

  • They should have skills like people skills, sales skills, communication skills, analytical skills, creative ability, and computer skills. 
  • Candidates must have good knowledge of accounts and banking terms. 
  • They should also explain complex financial information in a clear way, have honesty and discretion, and team-working skills. They also possess a good business understanding and good attention to detail.

How is the M.Com Management Accounting & Financial Strategies Course Beneficial?

  • The degree serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. Degree in Management Accounting & Financial Strategies. 
  • On successful completion of a Master’s degree in Management Accounting & Financial Strategies, a student can apply for the UGC-NET or JRF exam; success in these exams makes teaching or research a good option. 
  • A Master's Degree in Management Accounting & Financial Strategies prepares a postgraduate 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 (MA & FS) degree makes one eligible to work in the Accounts and Finance departments of various firms & companies, banks, government departments and agencies, educational institutions, and many other types of organizations.
  • The 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 Management Accounting & Financial Strategies Employment Areas

  • Customs Department
  • Economic Consulting Jobs
  • Economic Consulting Firms
  • Finance, Commerce, and the Banking Sectors
  • Insurance Industry
  • Indian Civil Services
  • Import/Export Companies

M.Com Management Accounting & Financial Strategies Job Types

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