(1).
About the M.Com. (Finance & Wealth Management)
M.Com Finance &
Wealth Management is
a 2-year full-time postgraduate
degree course, comprising 4 semesters in the entire duration. The path gives a
complicated look at financing and accounting, its principle, strategies,
policies, and more.
The
applicants who're inclined to pursue this direction need to entire their
Bachelor’s degree in Commerce with accounts, finance, and economics subjects.
They want to steady at least 55% combination marks on the commencement level.
Most
of the schools permit admission to this path on the idea of the candidate’s overall
performance inside the entrance examination performed through the respective
colleges. The entrance examination is observed through a spherical of interview
classes to assess the candidate’s logical wondering abilities and different
course-associated aspects.
However,
a few schools provide direct admission to this path on the idea of the
candidate's rating acquired inside the closing qualifying examination. Some
schools additionally set up private interviews for the shortlisted candidates.
M.Com Finance &
Wealth graduates have
plenty of potential job positions available, like Financial Analyst, Investment Banker, Chief Finance Officer, and
more in Government and private sectors, banking sectors, public accounting
firms, financial consultancies, corporations, etc. They can also opt for an MBA course as it will improve their career trajectory.
Course
Highlights for M.Com Finance & Wealth Management
Major highlights of the M.Com Finance & Wealth course study are mentioned in the following:
Particulars | Value |
Course Name | Master of Commerce in Finance and Wealth Management |
Course Level | Postgraduate |
Course Duration | 2 year |
Course Mode | Full-time, Part-time, Distance, Online |
Eligibility Criteria | Bachelor’s degree in Commerce with a 55% aggregate score from a recognized university |
Admission Process | Entrance/Merit-based |
Entrance Exams | GVSAT, BHU PET, etc. |
Examination Type | Semester based |
Age | No age limit |
Average Annual Fee | INR 35,000-4,00,000 |
Average Annual Salary | INR 4,00,000-20,00,000 |
Job Profiles | Chartered Accountant, Company Secretary, Insurance and Banking services., Financial Consultant, Investment Banker, Auditor, Finance Manager, Financial Analyst, Quant Specialist, Financial Controller, etc. |
Top Recruiters | TATA CONSULTANCY SERVICES LIMITED, National Small Industries Corporation Limited, Heavy Engineering Corporation Limited, Genpact, Tata Motors, BSNL, Wipro Technologies Ltd., WNS Global Services, etc. |
Why
study M.Com. Finance & Wealth Management course?
Studying
M.Com. Finance & Wealth Management can be a beneficial choice for several
reasons:
(2).
Admission Process for M.Com Finance & Wealth Management
Students
ought to make sure that they fulfill all eligibility
standards for M.Com Finance & Wealth to get admission to a school of
their choice. M.Com Finance & Wealth admission is performed on an advantage
foundation or examination foundation. Admission methods range throughout all
M.Com Finance & Wealth universities in India.
Types
of M.Com Finance & Wealth Management course
There
are several universities and institutions that offered M.Com. (Finance &
Wealth Management) courses through various modes such as distance learning, part-time, and full-time. However, it's
important to note that course offerings and availability may change over time,
so I recommend checking with specific universities or educational institutions
for the most up-to-date information.
(1).
Distance Learning
Many
universities offer M.Com. (Finance &
Wealth Management) through distance education
or online learning. These programs allow students to study remotely and
complete coursework at their own pace. Distance learning is especially
beneficial for those who are already working or have other commitments.
(2).
Full-Time
Full-time M.Com.
(Finance & Wealth Management)
programs are more intensive and require students to attend classes regularly
during the day. They are suitable for those who can dedicate their time fully
to their studies and complete the degree in a shorter timeframe.
(3).
Part-Time
Part-time M.Com.
(Finance & Wealth Management)
programs are designed to accommodate students who wish to pursue the degree
while balancing other responsibilities, such as a job or family commitments.
Typically, part-time courses offer classes during evenings or weekends.
Eligibility
Criteria for M.Com Finance & Wealth Management
To
get entry to the M.Com Finance &
Wealth Management course, interested candidates need to fulfill the
following eligibility Criteria:
Admission
Process for M.Com Finance & Wealth Management
Accepted
Entrance Exams for M.Com Finance & Wealth Management
Admission to the M.Com Finance & Wealth course in India is through entrance examinations. Entrance exams for M.Com Finance & Wealth are conducted at the university level, state level, and national level. Common exams that most of the M.Com Finance & Wealth candidates apply for are as follows:
DU MCom Entrance | Pune University MCom Entrance Exam |
IGNOU OPENMAT | Jamia Millia Islamia M Com Entrance Exam |
Madras University M Com Entrance Exam | CUET |
JUET | SUAT |
APRDC | GVSAT |
BHU PET | PUCET |
Skills
Required for M.Com Finance & Wealth Management course
Here are some key skills that are often valuable for students pursuing this specialization:
Decision-Making Abilities | Communication Skills |
Time Management | Ethical Awareness |
Data Interpretation | Knowledge of Financial Software |
Strong Analytical Abilities | Quantitative Proficiency |
Financial Knowledge | Problem-Solving Skills |
Attention to Detail | Networking Skills |
Fee
Structure for M.Com Finance & Wealth Management
M.Com Finance & Wealth fees range from INR 35,000-4,00,000 PA. The costs may also range consistent with the university or college primarily based totally on the type of institute, location, infrastructure, faculties, and facilities available. Below are some of the M. Com Finance & Wealth colleges with its fees structure:
Name of College | Average Fee |
Mata Gujri College, Fatehgarh Sahib | INR 60,510 |
Swarnim Startup & Innovation University, Gandhinagar | INR 60,000 |
Bharata Mata College, Kochi | INR 11,000 |
SES College, Kannur | INR 75,000 |
Punjabi University, Patiala | INR 1,02,800 |
Selection
Criteria for M.Com Finance & Wealth Management
Admission
is strictly done for only those students who clear M.Com Finance & Wealth
eligibility criteria. The shortlisted candidate list and further admission
process are available either on the college's official website or by email.
(3).
Course Comparison
M.Com
Finance & Wealth Management v/s MBA in Wealth Management
The distinctions between M.Com Finance & Wealth Management and MBA in Wealth Management are shown in the table below:
Parameters | M.Com F & W M | MBA in WM |
Course Name | Master of Commerce in Finance and Wealth Management | Master of Business Administration in Wealth Management |
Course Overview | M.Com. Finance & Wealth Management is a postgraduate degree program that focuses on advanced financial concepts, investment strategies, portfolio management, and wealth creation and preservation for individuals and businesses. | Master of Business Administration in Wealth Management is a two-year Post-Graduate degree program. A full-time Master of Business Administration in Wealth Management wishes 4 semesters of six months each. Wealth control is a complicated expert carrier that entails accounting, taxation, retirement planning, and criminal or property planning. |
Course Duration | 2 years | 2 Years |
Eligibility | Bachelor’s degree in Commerce with a 55% aggregate score from a recognized university | Graduation with a minimum aggregate score of 60% from a recognized university |
Course Stream | Commerce | Management |
Entrance Exams | GVSAT, BHU PET, etc. | CAT, XAT, SNAP, NMAT |
Average Annual Fees | INR 35,000-4,00,000 | INR 35,000-1,40,000 |
Average Annual Salary | INR 4,00,000-20,00,000 | INR 1,00,000-9,00,000 |
Top Colleges | Bharata Mata College, SES College, Punjabi University, etc. | M.M. institute of management, SVIIT, Venkateshwara open university, etc. |
Read
More: MBA in Wealth Management
(4).
Top Colleges for M.Com Finance & Wealth Management
Some of the top-most M.Com Finance & Wealth Colleges available in India are tabulated below based on their average course fee:
Name of College | Average Annual Fee(INR) |
Madras Christian College (MCC), Chennai | INR 50,000 |
Jiwaji University, Gwalior | INR 10,000 |
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | INR 1,50,000 |
K.P. B Hinduja College of Commerce, Mumbai | INR 7,000 |
St. Xavier's College, Kolkata | INR 60,000 |
Punjab University, Punjab | INR 20,000 |
Indian Institute of Management (IIM), Ahmedabad | INR 2,50,000 |
Mata Gujri College, Punjab | INR 16,000 |
Symbiosis School of Banking and Finance (SSBF), Pune | INR 1,20,000 |
Seshadripuram College, Bangalore | INR 36,000 |
National Institute of Securities Markets (NISM), Mumbai: | INR 1,00,000 |
Mercy College, Pallakad | INR 75,600 |
Amity University, Noida | INR 1,50,000 |
Christ University, Bangalore | INR 1,00,000 |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | INR 2,00,000 |
Banaras Hindu University (BHU), Varanasi | INR 80,000 |
(5).
Job & Placements for M.Com Finance & Wealth Management
After
finishing this 2-year M.Com Finance course, the successful postgraduates will
have masses of capability process roles in essential industries, Like
authorities and personal sectors, public accounting firms, finance planning,
marketplace research, agencies, and finance consultancies. Some of the pinnacle
professional possibilities to be had for such M.Com postgraduates are Finance
Manager, Financial Consultant, Investment Banker, Quant Specialist, Auditor,
Financial Analyst, Chief Financial Officer, Certified Public Accountant, and
more.
Job
Profiles for M.com Finance & Wealth Management
Listed below are some of the most prospective job positions offered to successful M.Com Finance & Wealth graduates along with job descriptions and average salary offered:
Job Profiles | Job Description |
Finance Officer | They basically perform the organization's financial matters, assist in monthly budget planning and prepare monthly reports on its basis. They additionally manage and hold nominal ledgers, carry out and test bills, and different economic issues. Besides these, they've to analyze any suspicious account activity, preserve and document monetary documents and must make sure whole monetary security. |
Wealth Manager | Wealth Managers are responsible for functioning in a wide range of fields, such As economic planning, funding management, and economic recommendation on pensions, trusts, inheritances, and tax bands. Often, wealth control offerings are provided via way of means of excessive avenue banks with the intention of attracting excessive-price customers. |
Portfolio Manager | A portfolio Manager is a financial professional who is responsible for investing money. They also handle the products like mutual funds. The portfolio manager has massive experience in asset management and investment. |
Investment Banker | Their role is to interpret complex data to assess and predict financial risks and returns. Prepare felony files with the aid of using consulting with economic experts, accountants, and lawyers. |
Financial Analyst | Their main responsibility is to record cash, cheques, and credit card transactions. Post sales via way of means of verifying and submitting transactions from nearby deposits. They need to replace all receivables with the aid of using identifying all unpaid invoices and preserve data thru microfilming invoices, debits, and credits. |
Corporate Finance | They are actually working for large investment banks or any corporate advisory firms to facilitate mergers and acquisitions of other companies. |
Credit Risk Management | They really lead the credit score hazard control organization to make certain that the entire credit score process, guidelines, and sports fall inside the parameters of organizations’ guidelines and standards. |
Corporate Banking | Their function is to recommend company customers concerning mergers, acquisitions, and capital markets and ought to put together lending agreements on its basis. |
Financial Consultant | Their role is to gather information for clients on the basis of investments, asset allocation, savings, tax planning, estate planning, etc. They can also work as a freelancer or as part of a financial consulting firm. |
Auditor | They actually work in the public and private sectors and provide expert advice on the usage of resources. |
Quant Specialist | Their obligation is to research data and marketplace developments through the use of high-give-up mathematics. This will assist them to decide suitable tiers of threat control and by-product pricing so that they can create presentations for clients along with recommendations for future investment planning. |
Top
Recruiters for M.com Finance & Wealth Management
M.Com graduates are admired via way of means of diverse employers in India. Some of the top recruiters for M.Com graduates are:
Infosys | Wipro |
ICICI Bank | HDFC Bank |
State Bank of India | Axis Bank |
Reliance Industries Limited | Aditya Birla Group |
Hindustan Unilever Limited | Larsen & Toubro |
Average
Salary for M.com Finance & Wealth Management
Below is a table showing the approximate salary range for M Com graduates in various job roles in India:
Job Role | Average Annual Salary(INR) |
Treasury Manager | Rs. 4,00,000-8,50,000 |
Auditor | Rs. 3,00,000-6,50,000 |
Accountant | Rs. 2,50,000-5,00,000 |
Management Accountant | Rs. 3,50,000-7,50,000 |
Financial Analyst | Rs. 3,00,000-6,00,000 |
Business Analyst | Rs. 3,50,000-7,00,000 |
Tax Consultant | Rs. 3,50,000-7,00,000 |
(6).
Career/Scope for M.com Finance & Wealth Management
M.Com
degree holders have enough scope for processes within the finance and
company sector. After finishing the degree, they could pick and follow diverse
jobs, Like operation manager, finance consultant, funding banker, advertising
manager, accountant, and commercial enterprise analyst.
Career
options after M.com Finance & Wealth Management
After
the final touch of the course, the graduates can locate jobs in regions like
Indian Statistical Services, Banks, Investment Firms, Insurance Industry, etc. The
graduates may even observe for the exams. Clearing those checks makes a
profession in coaching or research. Some job roles offered to graduates are:
(i).
Marketing Manager
(ii). Accountant
(iii). Business Analyst
(iv). Operations Manager
(v). Finance Consultant
(vi). Investment Banker
Scope
for Higher Education in M.com Finance & Wealth graduates
After
completing M.Com Finance & Wealth, graduates can either choose to take up
jobs or continue for higher studies. An additional degree in the same field improves
job opportunities. Graduates can specialize in the areas like Accounting,
Business Decisions, Costing, Taxes etc. Some higher options are:
(i). PG
Diploma
(ii). Certificate courses
(iii). M.Phil Finance & Wealth Management
(iv). Ph.D. Finance
Skills
that make you the Best M.Com Finance & Wealth Graduate
People
who are very passionate about Finance and want to take it as a career. M.Com
Finance & Wealth is wide-ranging and deep in subjects as it explores and is
sure to catch all business lovers. Some required skills are:
(i).
Presentation Skills
(ii). Communication Skills
(iii). Calculating Skills
(iv). Management Skills
(v). Critical thinking Skills
(7).
FAQs
(1). What is M.Com. Finance &
Wealth Management course?
Ans.
M.Com. Finance & Wealth Management is a postgraduate degree program that
focuses on advanced financial concepts, investment strategies, portfolio
management, and wealth creation and preservation for individuals and
businesses.
(2). What is M.Com Finance &
Wealth course fee?
Ans.
M.Com Finance & Wealth course fee may vary from one college to another. The
average course fee usually ranges between INR 35,000-4,00,000.
(3). What is the average salary package
of such professionals?
Ans.
The average starting salary of an M.Com Finance & Wealth degree holder
ranges between INR 4,00,000-20,00,000 per annum.
(4). What is M.Com Finance &
Wealth course eligibility?
Ans.
Students who are interested to pursue an M.Com Finance & Wealth course need
to complete their bachelor’s degree in Commerce with accounts, math, and
economics as subjects. They need to secure at least 55% aggregate marks at the graduation level.
(5). What are the career opportunities
after completing an M.Com. Finance & Wealth Management course?
Ans.
Graduates can pursue careers as financial analysts, investment managers, wealth
advisors, financial consultants, portfolio managers, or work in corporate
finance roles.
(6). What is the duration of the M.Com
Finance & Wealth program?
Ans.
It is a 2-year long full-time postgraduate degree course comprising 4
semesters.
(7). Is work experience required for
admission to the M.Com. Finance & Wealth Management course?
Ans.
Work experience is not always a mandatory requirement, but some universities
may give preference to candidates with relevant work experience.
(8). Are there any entrance exams for
M.Com. Finance & Wealth Management courses?
Ans.
Some universities may conduct their entrance exams for admission, while others
may consider national-level entrance exams like CAT, MAT, or CMAT.
(9). Is it better to pursue M.Com.
Finance & Wealth Management on a full-time or part-time basis?
Ans.
The choice between full-time and part-time depends on individual circumstances.
Full-time programs offer a more immersive experience, while part-time programs
allow students to work or manage other commitments simultaneously.
(10). What is the role of a Business
Analyst?
Ans.
The Business Analyst, analyzes the market, product lines, and the overall
profitability of the business. They analyze the problems and look for a
suitable solution.
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