Master Of Commerce (M.Com.) Financial Management - KES Shroff College of Arts and Commerce, Mumbai

  • Years 2 Years
  • Type Course Post Graduate
  • stream Commerce
  • Delivery Mode
Written By universitykart team | Last updated date Apr, 02, 2024

About M.Com. Financial Management: Full-Form, Admission Process, Eligibility, Exams, Syllabus, Fees, Jobs, Top Colleges, Other Specializations

M.Com. stands for Master of Commerce and is a postgraduate degree program focusing on finance. It consists of 28 papers - theory and practice project papers. The program is open to all graduates with a minimum of 55% aggregate. Admission to this program is based on an entrance test and personal interview.

The minimum requirement to pursue a Master Of Commerce M.Com. Financial Management course is a Bachelor's degree in Commerce with a minimum percentage of 50%. Admissions to this course are generally done through a common entrance test, but some institutions offer direct admission to students based on merit.

The eligibility criteria for the M.Com. Financial Management course is the same as any other management course, but it varies from college to college. Those who belong to a reserved category are required to submit a certificate proving their category. 

The M.Com is a 2-year postgraduate course focused on the study of finance and related fields. Graduates of this program can find countless job opportunities in the finance sector. After graduation, graduates can choose from a variety of positions, from assistant finance manager to senior account executive.

Highlights - M.Com Financial Management Course

The main points of this MCom Financial Management course are as follows:

Course Level Postgraduate
Full-Form Master of Commerce Financial Management
Duration 2 Years
Type of exam Semester Wise
Eligibility Minimum marks of 55% at the graduation level
Admission Process Entrance exam based on merit or based on the test
Course Fee Between INR 11,000 and INR 2.50 LAKHS
Average Salary Rs.14,000 to Rs.20,000
Top Recruiting Companies banks, Insurance Companies, Mutual Fund Companies, Stock exchange, NBFCs
Job Openings Financial officer; Insurance manager Treasurer, Controller Consulta

Why study MCom Financial Management

The study of M.Com Financial Management can be advantageous for a variety of reasons:

  1. Increased Financial Understanding: M.Com Financial Management provides an in-depth understanding of the fundamentals of finance as well as theories and practices. Through studying this field you'll acquire an advanced understanding of areas like financial analysis and investment management and risk management, as well as financial strategy. This information can be used across a variety of industries, including corporate finance, banking as well as investment banking and financial advisory.

  2. Career Opportunities: Achieving an M.Com Financial Management can open many possibilities for career advancement. Students who have this degree are desired by employers working in the financial sector such as investment companies, banks and insurance companies as well as multinational corporations. This degree could be used to fill roles like financial analyst or investment banker as well as treasurer, financial manager or chief financial officer.

  3. Learning Skills: M.Com Financial Management equips students with a wide range of abilities that are useful in the work place. They will be able to demonstrate analytical thinking, critical thinking solving problems, making decisions, and efficient communication. In addition, you'll acquire strong mathematical and computational skills, and the ability to comprehend the financial software and tools that are that are used in the field.

  4. Strategic decision-making: Financial management plays an important role in making strategic decisions within organizations. Through studying M.Com Financial Management, you will understand how to analyze financial information and analyze the potential of investments and manage risk. You will also learn how to make sound financial decision-making. The knowledge you acquire will allow you to help contribute to the financial and strategic performance of an organization.

  5. Networking and connections: to the industry enrollment into the MCom Financial Management program provides the opportunity to network with fellow students faculty members, faculty members, as well as industry professionals. These connections can be beneficial in terms of career development as well as mentorship and career prospects. A lot of programs offer internships and industry partnerships that let you get hands-on experience and develop connections with employers who may be interested in hiring you.

  6. Personal Development: Taking a course like MCom Financial Management can also aid in your personal growth. It improves your capacity to effectively manage and invest in your personal financial resources effectively. Furthermore the skills of analysis and problem-solving acquired through this program will be useful in a variety of aspects of your life, assisting you make more informed choices and manage your finances better.

M.Com. Financial Management Benefits

There are many benefits to earning an M.Com. degree in Finance Management. Here are some of the benefits:

  1. Advanced Knowledge and Experience Advanced: Knowledge and Expertise M.Com. in Financial Management provides you with specific knowledge and skills in the area of finance. You'll gain a comprehensive understanding of financial concepts as well as concepts and practices which will allow you to make well-informed decisions and resolve complicated financial issues.

  2. Improved Career Opportunities: Possessing an M.Com. with a focus on Financial Management can significantly enhance your job prospects. This level of education is highly sought-after by employers across a range of industries which include financial institutions, investment firms as well and the corporate finance department. It may lead to higher-level positions like finance manager, financial analyst chief financial officer, and financial advisor.

  3. Increased employability and potential for salary: M.Com. graduates with a degree in Financial Management are often sought-after by employers because of their expertise and skills. This can result in better job prospects and better salary opportunities compared to those who have just an undergraduate education. M.Com. graduates are often able to access more career opportunities and may get better the terms of employment and other conditions.

  4. The development of skills for demand-based: jobs Learn to develop in-demand skills throughout your M.Com. studies, you'll acquire an array of abilities that are highly valued in jobs. These include analytical thinking, critical thinking capabilities, problem-solving skills decisions financial modeling, as well as efficient communication. Employers look for individuals with these qualities since they are vital to succeed in the financial sector and beyond.

  5. Networking and Industry: Connections M.Com. programs typically provide excellent networking opportunities for former students and alumni as well as industry professionals. These connections can lead to mentorships, internships, and even job openings. Many universities have strong partnerships with companies and financial institutions that allow students to establish connections in the industry and access exclusive career tools.

  6. Academic and Research Pursuits: If you are interested in academia or research or academia, an M.Com. in Finance Management can be a good stepping into more academic studies, for example, a doctoral degree or a research career. The degree is an excellent foundation for conducting research in finance and helps to advance knowledge within the area.

  7. Confidence and Personal Development: Achieving an M.Com. in Financial Management can foster your personal development and growth. The rigorous curriculum in the academic world challenges you to think through your thoughts, resolve complicated problems, and make important choices. It increases your confidence when managing financial issues and allows you to assume the leadership roles you need in your professional life.

  8. The Global Recognization and Mobility: M.Com. degrees, particularly those of accredited universities, are usually internationally acknowledged. The recognition of these degrees can lead to opportunities in the global market and give you an advantage when applying for jobs in multinational corporations or when pursuing overseas studies or job opportunities.

M.Com Financial Management Admission Process

M.Com Financial Management admissions are usually based on entrance exams or merit lists. The admissions process for each college is different however, many schools run CET and some have their entrance examinations based on the national or state level. The procedure for gaining admission through entrance examinations is like this:


Entrance-Based Admission:

  1. Registration: The registration dates are announced before the exams at the colleges. To complete the registration process applicants must create an account using the basic information of an email I'd as well as a contact number, name, and so on.

  2. Fill in the details: Candidates should complete all of the information extremely carefully. The information filled out on the application form should be authentic.

  3. Upload documents: necessary documents must be taken a scan and uploaded onto the official portal according to the format. The format of the document is different for each college website.

  4. Application fee: After all the required information has been filled in and all the required documents have been uploaded, the following step will be to make payment for the application fees. The payment is made via all online payment options.

  5. Download Admit Card: The admit cards are released after all details of the candidates are confirmed. Candidates must download their admit card and carry it with them to the examinations.

  6. Exam preparation: Candidates can study all the topics covered in this particular exam. They may use questions from previous exams to get a good score.

  7. Results: Results are announced within two to three weeks following the entrance test. After candidates have passed, they can then proceed to the next stage.

  8. Admissions and Counseling: Each college has a counseling session for students who have passed the entrance test. Candidates can choose the program according to their interests and educational background.

Merit-Based Admission:

Candidates can be eligible to apply for the M.Com Financial Management course through either offline or online applications. Candidates who have scored well will be able to gain admission into their preferred college or university.

Below are the steps that applicants could apply to M.Com FM. M.Com FM course:

  1. Go to the admissions site of the university or go to the office for an online admission process.

  2. The application form must be filled in with all the necessary information as per the portal.

  3. After the application process has been completed, the selection process will begin and the applicant will be assigned.

M.Com Financial Management Eligibility Criteria

The Eligibility criteria for MCom Financial Management are as easy as the other courses in management. Be aware that the eligibility requirements may vary between colleges. Here are the eligibility criteria listed below. Go through them before deciding to take the course.

  1. The most important eligibility requirement to be enrolled in taking the M.Com Financial Management course is to hold a diploma within the stream of commerce.

  2. Diploma holders who have the minimum qualification are eligible for MCom Financial Management.

  3. The minimum percentage requirement equals 55% at the graduation at the level of.

  4. The second person will not be able to undergo the admissions procedure.

These criteria are for different colleges, however, many have their own criteria for admission which applicants must meet to be admitted.

  1. In the case of a reserved category, students must provide their category certificate to their local authorities to be eligible for the benefits.

  2. To be eligible for admission, applicants need to be able to pass the Common Entrance Test first and must score high marks in the test. The most popular entrance tests include CET AUCET, CET OUCET JUEE, CET, etc.

M.Com Financial Management Entrance Exams

There are numerous state and national-level entrance tests that you can take to get to M.Com Financial Management. M.Com Financial Management program.


Below are a few of the most popular M.Com Financial Management entrance exams.

  • ANUPGGCET: Acharya Nagarjuna University Post Graduate Common Entrance Test is an examination for the state level and is held through Acharya Nagarjuna University (ANU), Guntur. The university offers admissions to a variety of PG courses. The application process begins in March each year. The examination is held in May.

  • JUEE: It is administered by the Jagannath University of Rajasthan each year during May. It is a university-level exam that is held three times per year. The length of the test is 120 minutes, with the objective type of questions.

  • PESSET: The exam is run through Peoples' Education Society University for those who are looking to take the M.Com Financial Management  Course. The registration process begins between December and April, and the test is conducted in May each year. The duration of the exam of 180 minutes. The exam format is objectives type and there is no negative marking.

  • OUCET OUCET: is the acronym for Osmania University Common Entrance Test. The exam is administered through Osmania University for Postgraduate Courses. It takes place in July every year. The duration of the exam of 90 minutes. The exam format is objectives type and there is there is no negative marking.

    M.Com Financial Management Top Colleges

    The table below lists the top MCom Financial Management colleges and institutions that offer the program in a full-time, full-time course.

    Name of College Average Fee Average Salary Package
    Shri Ram College of Commerce INR 29,400 INR 4 LPA
    Lady Shriram College INR 30,000 INR 6 LPA
    Loyola College INR 28,500 INR 4.5 LPA
    St Xavier's College INR 23,100 INR 5 LPA
    Anil Surendra Modi School of Commerce INR 1,80,000 INR 4 LPA
    Symbiosis College of Arts and Commerce INR 30,500 INR 5.7 LPA

    M.Com. in Financial Management Government Colleges

    The top government colleges in India offering M.Com. in Financial Management:

    College Name Location
    Delhi School of Economics (DSE), University of Delhi Delhi
    Shri Ram College of Commerce (SRCC), University of Delhi Delhi
    Banaras Hindu University (BHU) Varanasi
    University of Calcutta Kolkata
    University of Mumbai Mumbai
    Loyola College Chennai
    University of Madras Chennai
    Panjab University Chandigarh
    University of Kerala Thiruvananthapuram
    University of Calcutta, Kolkata Kolkata
    Department of Commerce, University of Mumbai Mumbai

    M.Com Financial Management Top Private Colleges

    The top private colleges in India offering M.Com. in Financial Management:

    College Name Location
    Loyola College Chennai
    Symbiosis International University Pune
    Christ University Bangalore
    Narsee Monjee Institute of Management Studies Mumbai
    Amity University Noida
    K.J. Somaiya College of Arts and Commerce Mumbai
    St. Joseph's College Bangalore
    Gitam University Visakhapatnam
    Indian School of Business and Finance New Delhi
    ICFAI Business School Hyderabad

    M.Com Financial Management Syllabus

    All college syllabuses are generally the same across the country at the managerial level. Here is the annual Syllabus specific to M.Com Financial Management.

    Year 1 Year 2
    Business Management Financial Accounting & Packages
    Business Environment Quantitative Methods in Business
    Business Economics Financial Management
    Information Technology for Business Marketing Management
    Quantitative Techniques for Business Human Resource Management
    Entrepreneurship Development E-Commerce Management
    Year 3 Year 4
    Banking & Technology Banking Law & Practice
    Advanced Banking Insurance Actuarial
    Insurance Products & Management Bank Management
    Financial Markets & Services Insurance & Risk Management
    Principles of Life Insurance Financial Derivatives
    Security Analysis and Investment Management Portfolio Management

    M.Com Financial Management Course Comparison

    MCom Financial Management vs MBA Financial Management Which one to choose?

    The similarities between M.Com Financial Management and MBA Financial Management are as below:

    Parameters

    MCom Financial Management

    MBA Financial Management

    Duration 2 Years 2 Years
    Focus Area Commerce Management
    Course Overview This study course within the course covers Advanced Marketing, Portfolio Analysis, Microeconomics, Statistics for Business, Money and Capital Markets. This course provides instruction on management, budgeting results, monitoring investment performance and the management of assets in the financial sector.
    Admission Criteria Entrance Test + Counselling State/National/College Entrance Test
    Eligibility Criteria Bachelor's Degree in Accounting with any of the following or Economics, Math, or Accounting Graduation is a part of any stream.
    Average Course Fees INR 1 Lakh INR 5-6 Lakh
    The Workplace Banking, Insurance, Financial Service Sectors, Investment Banking, Private Companies, etc Marketing Manager, Project Manager, Business Analyst, Human Resource Manager, etc
    Average Placement Package INR 4 Lakh INR 6 Lakh

    M.Com. Financial Management Career Opportunities and Job Prospects

    Graduates with an M.Com in Financial Management can pursue research in areas related to global business, economics, human resources, or geopolitics. After completing a master's program in Finance and Management, they may choose to work in a research capacity or join management consulting firms. 

    These positions are both exciting and well-paid. These graduates can also be employed as entry-level workers in a variety of fields, such as banking or accounting.

    The M.Com. is a postgraduate degree in commerce that offers a wide range of career opportunities. This degree is typically two years in length and focuses on various aspects of accounting, management, and economics. It is a great option for students interested in higher studies, research work, or even becoming a Chartered Accountant.

    Those who are looking to advance their career in Finance may also consider pursuing an M.Com in Finance. The certification is necessary to work in financial institutions and private enterprises. The Salary range for an M.Com graduate is INR 4 to 10 lakh in India, and it increases with experience.

    Job Prospects

    Below are the different job descriptions and the typical Salary for M.Com Financial Management graduates:

    Job Profile Average Salary
    Accountant INR 5 LPA
    Business and Corporate Analyst INR 4.5 LPA
    Analyst in Investments INR 4 LPA
    Executive Assistant INR 6.2 LPA
    Marketing and Money Manager INR 7 LPA

    M.Com. Financial Management Future Scope

    The Future Scope of an M.Com Financial Management is vast. The field of commerce encompasses economics, accounting, finance, and other related fields. Graduates of the Master of Commerce degree will have a deep understanding of corporate matters, the sale and purchase of goods and services, and management. 

    Graduates of the M.Com degree can pursue several lucrative careers. The commerce industry is growing in India. After completing the degree, you can get a decent job with a good benefits package. However, it is important to consider the salary ranges of various positions before deciding to pursue a degree. 

    The M.Com degree prepares you to work as an entry-level worker in a variety of financial institutions. In addition to developing financial management skills, the program teaches students to conduct research and apply analytical skills to current market trends. In addition, they'll learn how to improve their business skills and sharpen their decision-making ability. 

    The Master of Commerce program is a 2-year post-graduate degree in business that focuses on accounting and related subjects. The course is composed mostly of research-based and thesis-based elements. Candidates typically choose this program to further their education in accounting and banking.

    M.Com Financial Management FAQs

    Q. What is M.Com? in Financial Management?
    Ans. M.Com. in Financial Management is a postgraduate degree program that focuses on advanced studies in the field of finance and financial management. It provides students with specialized knowledge and skills in areas such as financial analysis, investment management, risk management, and financial strategy.

    Q. Who should pursue M.Com? in Financial Management?
    Ans. M.Com. in Financial Management is suitable for individuals who have a strong interest in finance and wish to pursue advanced studies in this field. It is ideal for graduates seeking senior-level positions in finance, banking, investment, or corporate finance sectors. M.Com. in Financial Management can also benefit those aiming for research or academic careers in finance.

    Q. What are the eligibility criteria for M.Com. in Financial Management?
    Ans. The eligibility criteria may vary slightly among institutions, but generally, candidates must hold a bachelor's degree in commerce or a related field with a minimum aggregate score specified by the university. Some universities may also require candidates to have studied specific subjects, such as accounting, economics, or finance, at the undergraduate level.

    Q. What are the career prospects after completing M.Com. in Financial Management?
    Ans. M.Com. in Financial Management opens up a wide range of career opportunities in the finance domain. Graduates can pursue roles such as financial analyst, finance manager, investment banker, financial advisor, treasurer, chief financial officer, or consultant in banks, investment firms, financial institutions, multinational corporations, and government organizations.

    Q. What is the difference between M.Com? in Financial Management and an MBA in Finance?
    Ans. M.Com. in Financial Management is a postgraduate degree that focuses primarily on academic and theoretical aspects of finance, providing in-depth knowledge and research opportunities. On the other hand, an MBA in Finance is a professional degree that emphasizes practical application and management skills, often targeting those seeking leadership roles in the corporate world.

    Q. What are the admission procedures for M.Com. in Financial Management?
    Ans. Admission procedures vary among institutions. Some universities conduct entrance exams, such as the Common Admission Test (CAT) or university-specific tests, followed by group discussions and personal interviews. Other universities may consider academic performance, work experience, letters of recommendation, and statements of purpose for admission.

    Q. What is the duration of the M.Com? in the Financial Management program?
    Ans. Typically, the M.Com. in Financial Management program is a two-year postgraduate degree. However, the duration may vary depending on the university and the specific requirements of the program. Some institutions may offer accelerated programs or part-time options as well.

    Q. Are there any specializations within M.Com. in Financial Management?
    Ans. Yes, some universities offer specializations or electives within the M.Com. in the Financial Management program. Common specializations include Investment Management, Banking and Finance, Risk Management, International Finance, Financial Analysis, and Corporate Finance. Students can choose a specialization based on their interests and career goals.

    Q. What are the key skills acquired through M.Com? in Financial Management?
    Ans. M.Com. in Financial Management equips students with a range of skills, including critical thinking, analytical abilities, problem-solving, decision-making, financial modeling, risk assessment, communication, and leadership. Employers highly value these skills and can be applied in various finance-related roles.

    Q. Are there any scholarships or financial aid options available for M.Com? in Financial Management?
    Ans. Scholarships and financial aid options may vary depending on the university and location. Some institutions offer merit-based scholarships, need-based grants, or tuition fee waivers for outstanding students. It is advisable to explore the specific financial aid options offered by the universities you are interested in.

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