MFA - Master of Finance and Accounting

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Master of Finance and Accounting - MFA

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation

MFA or Master of Finance and Accounting is a postgraduate Accounts course. Accounting and finance study accounting principles, financial planning, economic theory, micro and macroeconomics, money and banking systems, understanding of business and commerce and its features and policies, and so on. Accounting & Finance, in a nutshell, is a postgraduate degree program that focuses on the methodical study of ideas in specific disciplines and themes connected to the domains of Accounting and Finance. The Master of Finance and Accounting program lasts two years and is designed to prepare students for careers.

Master of Finance and Accounting Eligibility

  • The basic eligibility criterion for pursuing a degree is having a graduation 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 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 examinations to get admission to their 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.

Master of Finance and Accounting Syllabus

Syllabus of Finance and Accounting course as prescribed by various Universities and Colleges.

Advanced Corporate Accounting

Accounting for Business Decisions

Business Research Methods

Cost Control Techniques

Computerized Accounting

Direct and Indirect Taxes

E-Commerce

Financial Services

Financial Markets and Institutions

Human Resource Management

International Financial Management

Investment and Portfolio Management

Modern Banking

Management Accounting

Principles of Modern Banking

Principles of Insurance Management

Quantitative Techniques for Finance

Risk and Insurance Management

Security Analysis

Theory and Standards of Accounting

 

Master of Finance and Accounting Colleges

Master of Finance and Accounting Course Suitability

  • The Master of Finance and Accounting program is designed for students who desire to pursue further studies and research in accounting and finance, as well as become teachers/lecturers at a variety of institutions and colleges.
  • They must be innovative thinkers with strong communication and interpersonal abilities.
  • They should be kept up to speed on the topic as well as the present global-national financial environment and other activities.
  • Candidates also understand the corporate system and are knowledgeable of all tax and financial rules applicable to their business.

How is the Master of Finance and Accounting Course Beneficial?

  • The Master of Finance and Accounting degree prepares students for advanced study and research in this discipline, such as a Ph.D. in Accounting and Finance.
  • After completing a Finance and Accounting degree, a student can apply for the UGC-NET or JRF test; success in these examinations opens up opportunities in teaching or research.
  • The Master of Finance and Accounting degree qualifies one to work in the Accounts and Finance departments of a variety of enterprises and companies, banks, government departments and agencies, educational institutions, and a variety of other organizations.

Master of Finance and Accounting Employment Areas

  • Economic Consultancy
  • Finance, Commerce & Banking Sector
  • Customs Department
  • Investment Firms
  • Insurance Industry
  • Indian Civil Services
  • Indian Economic Services
  • Indian Statistical Services
  • Import / Export Companies

Master of Finance and Accounting Job Types

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