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Apply For Online MCOM In Accounting And Finance

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No. Of Universities
4
Course Duration
2 Years
Eligibility
Graduation
Learning Mode
Online
EMI Facility
Yes

About of Online MCOM in Accounting And Finance

The Master of Commerce (MCOM) in Accounting and Finance is a postgraduate degree programme that offers a deeper understanding of accounting principles, financial management, auditing, taxation as well as corporate finance to students interested in such fields. This program is beneficial to those who want to establish powerful careers in finance-oriented jobs in corporate entities, in financial institutions, financial consulting firms, and academia. The course aims at enhancing higher level analytical, financial as well as decision making skills demanded in the current competitive business world. MCOM in Accounting and Finance is the gap between theory and practice that is created in case studies, projects, research work and financial analysis. It is also a good academic base towards professional qualifications like CA, CMA, CFA and to a greater degree like a PhD in Commerce or Finance.

Key Highlights in Accounting And Finance

  • Duration of the course: 2 years (4 semesters)
  • Degree Level: Postgraduate Academic Degree.
  • Specialization Focus: Accounting, finance, taxation, auditing and financial management.
  • Learning Style: Case studies, financial modelling, projects, and research works.
  • Proficiency: Financial analysis, accounting skills, problem-solving skills and strategic thinking.
  • The program provides students with the skills that are relevant in the industry that they are expected to deal with complicated financial and accounting issues.

Eligibility in Accounting And Finance

Applicants who want to be admitted to MCOM in Accounting and Finance have to fulfill the following eligibility criteria:

  • Bachelors Degree in Commerce (B.Com) or other similar qualification of a recognized university.
  • Aggregate marks of 50 per cent. (45 per cent. in case of reserved categories as per institutional rule)
  • Students in their final year of undergraduate study are also eligible to apply provided they meet the eligibility criteria.
  • The eligibility conditions make sure that the students have a background in accounting and finance before taking up higher education.

Fees in Accounting And Finance

The overall cost of the MCOM accounting and Finance program is usually between 1,10,000/- to 1.40,000/-. The pricing system is different in accordance with the schools, faculty, learning facilities and placement services. Most colleges and universities have provided various payment plans like semester based payments, education loan facilities and merit based scholarships. The program is financially sound, bearing in mind that career opportunities are high and the salary increases after enrolling in the program.

Curriculum in Accounting And Finance

Semester 1

Semester 2

Advanced Financial Accounting

Corporate Financial Management

Managerial Economics

Cost and Management Accounting

Business Environment

Income Tax Laws and Practice

Principles of Management

Business Research Methodology

Business Statistics

Organizational Behaviour

Semester 3

Semester 4

Auditing and Assurance

Corporate Laws and Governance

International Finance

Goods and Services Tax (GST)

Financial Markets and Institutions

Advanced Financial Reporting

Strategic Cost Management

Elective Paper II

Elective Paper I

Project Work / Dissertation

Placement in Accounting And Finance

Recipients of M.Comin Accounting and finance have placement help in most institutions, the help being offered by career support cells. Placement services typically involve career guidance, resume writing, role modeling interviews and internship programs. Accounting firms, financial institutions, corporate organizations, consulting firms as well as government bodies recruit the graduates. How does an internship and a project work contribute? It provides practical experience and increases employment opportunities. Students who have good academic performance and professional abilities are easily offered jobs in the field of finance, accounting, auditing and taxation.

Top Recruiters for MCOM in Accounting and Finance Graduates

  • Deloitte
  • KPMG
  • EY
  • PwC
  • ICICI Bank
  • HDFC Bank
  • Axis Bank
  • Tata Consultancy Services (TCS)
  • Infosys
  • Wipro
  • Genpact
  • Accenture

Career Opportunity in Accounting And Finance

Accountant: Handles financial records, budgeting and financial reporting of organizations. Certainly provides precision and adherence to accounting standards.

Financial Analyst: An individual who analyses financial data to make an investment and business decision. Contributes majorly to financial planning and forecasting.

Audit Executive: Audits to determine the accuracy of the financials and internal controls. Assists organizations to be more transparent and regulatory.

Tax Consultant: Provides advice on tax planning, filing and on compliance with tax laws. Helps companies to maximize their tax.

Finance Manager: Manages the financial activity, budget, and risk. Leads to strategic financial decision-making.

Banking Professional: This is a worker in a financial institution dealing with credit analysis, risk assessment, and financial operations.

Academic / Research Professional: Takes up work as a teacher or researcher at colleges and universities. Appropriate to the student that has higher studies in mind.

Salary in Accounting And Finance

Job Role

Average Salary (INR per annum)

Accountant 

₹4 – ₹6 LPA  

Financial Analyst 

₹5 – ₹8 LPA  

Audit Executive   

₹4 – ₹7 LPA    

Tax Consultant  

₹4.5 – ₹7 LPA 

Finance Manager 

₹7 – ₹12 LPA 

Banking Professional

₹5 – ₹9 LPA  

Conclusion 

MCOM Accounting and Finance is a very valuable postgraduate course to students who want to establish special careers in the fields of finance and accounting. The program equips graduates with in-demand positions in the workforce in various industries due to its industry-oriented curriculum and practical exposure, as well as the high chances of securing a prestigious job. MCOM in Accounting and Finance offers the sound base of future career development, whether it is corporate finance, auditing, and taxation, or banking and academia. The high ROI of the program coupled with the fact that there are many career opportunities renders it a very good option among the graduates of commerce.

Frequently Asked Questions

Get answers to frequently asked questions about Accounting And Finance

Yes, it does provide greater specialization in the areas of finance and accounting hence suitably so with career oriented positions in the field of finance. M.Comin general is more beneficial in wider exposure.

Yes, the program compliments the professional programs such as CA, CMA and CFA by reinforcing the main financial concepts.

Graduates have the opportunity to work in accounting companies, banks, consultancy firms and in corporate finance. The degree is also supportive of academic and research careers.

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