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MCom in Accounting and Finance 2024: Course Details, Syllabus, Admission

2 Years
Degree
Post Graduation
Full Time

Master of Commerce [M.Com] (Accounting and Finance) Overview

A Master of Commerce (M.Com) program with a specialization in Accounting and Finance is a comprehensive postgraduate degree that delves into advanced concepts and practices in the fields of accounting and finance. This two-year program typically includes a diverse range of subjects to provide students with a well-rounded education.

Core courses usually cover financial accounting, managerial accounting, financial management, investment analysis, and corporate finance. Students also delve into topics such as auditing, taxation, risk management, and financial reporting standards. The curriculum emphasizes a deep understanding of financial markets, investment strategies, and the intricacies of financial decision-making.

Master of Commerce [M.Com] (Accounting and Finance) Admission Process

Step Description
1 Meet the eligibility requirements.
2 Submit an application form.
3 Take an entrance exam (if required).
4 Attend an interview (if required).
5 Accept your offer of admission and register for the program.

Master of Commerce [M.Com] (Accounting and Finance) Eligibility

  1. Bachelor's Degree: You have to have a completed bachelor's diploma in a associated subject, including Commerce, Accounting, Finance, Economics, or a carefully related area. In most cases, you will want a Bachelor of Commerce (B.Com) or an equal diploma.

  2. Academic Performance: You are normally required to have a aggressive academic document, with a minimal GPA or percent score precise with the aid of the university. This requirement can range from organization to group.

  3. Entrance Examinations: Some universities might also require you to take particular entrance examinations, along with the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE), relying on their admission criteria. Additionally, some universities or countries may also behavior their very own front assessments.

  4. Language Proficiency: If you're a non-local English speaker and wish to take a look at in an English-talking united states of america, you'll in all likelihood need to offer evidence of English language proficiency thru standardized checks like the TOEFL or IELTS.

  5. Letters of Recommendation: Many institutions may also request letters of recommendation from professors or specialists who can vouch for your academic and professional skills.

  6. Statement of Purpose (SOP): You may be required to publish a statement of purpose outlining your academic and profession dreams, as well as your reasons for pursuing an M.Com in Accounting and Finance.

  7. Interview: In some instances, universities might also conduct interviews as part of the admission process to evaluate your suitability for the program.

Master of Commerce [M.Com] (Accounting and Finance) Entrance Exams

  1. Common Admission Test (CAT): CAT is a incredibly aggressive exam used by some universities for admission to their M.Com packages. It mostly assesses quantitative, verbal, and facts interpretation abilties. CAT rankings are broadly identified and may be required by way of top-tier establishments.

  2. Graduate Management Admission Test (GMAT): GMAT is usually a requirement for M.Com programs, mainly at worldwide universities. It assesses analytical writing, verbal, quantitative, and integrated reasoning capabilities. A excessive GMAT score is taken into consideration a treasured asset during the software procedure.

  3. Graduate Record Examination (GRE): GRE is every other standardized check that some universities accept for M.Com admissions. It evaluates verbal reasoning, quantitative reasoning, and analytical writing skills. It is typically required via establishments overseas.

  4. University-Specific Entrance Exams: Many universities have their very own front exams designed to evaluate applicants' information and aptitude in accounting and finance. These exams may also range in content and format, so it's essential to test the specific necessities of the institutions to which you are applying.

  5. English Language Proficiency Tests: If you are a non-native English speaker and applying to universities in English-speaking nations, you can want to offer English language skillability take a look at ratings, such as TOEFL or IELTS, to demonstrate your language abilities.

Master of Commerce [M.Com] (Accounting and Finance) Syllabus

Syllabus  Details
Financial Accounting This course covers the theory and practice of financial accounting, including the preparation of financial statements, the accounting cycle, and the auditing process.
Management Accounting This course covers the use of accounting information for management decision-making, including budgeting, cost accounting, and performance measurement.
Corporate Finance This course covers the financial management of corporations, including capital budgeting, investment management, and dividend policy.
Auditing This course covers the principles and practices of auditing, including the different types of audits, the audit process, and the reporting requirements.
Taxation This course covers the Indian tax system, including direct taxes (income tax and corporate tax) and indirect taxes (GST).

Top 10 Government Master of Commerce [M.Com] (Accounting and Finance) Colleges

College City State Fees (in INR)
Delhi School of Economics (DSE), University of Delhi Delhi Delhi ₹12,000
Gokhale Institute of Politics and Economics (GIPE), Pune Pune Maharashtra ₹15,000
Madras School of Economics (MSE), Chennai Chennai Tamil Nadu ₹18,000
Gujarat Vidyapith (GV), Ahmedabad Ahmedabad Gujarat ₹21,000
Institute of Economic Growth (IEG), Delhi Delhi Delhi ₹24,000
Sardar Patel Institute of Economic and Social Research (SPIER), Ahmedabad Ahmedabad Gujarat ₹27,000
National Institute of Public Finance and Policy (NIPFP), New Delhi New Delhi Delhi ₹30,000
Institute for Social and Economic Change (ISEC), Bangalore Bangalore Karnataka ₹33,000
Giri Institute of Development Studies (GIDS), Lucknow Lucknow Uttar Pradesh ₹36,000
Centre for Development Studies (CDS), Thiruvananthapuram Thiruvananthapuram Kerala ₹39,000
Institute of Development Studies and Research (IDS&R), Kolkata Kolkata West Bengal ₹42,000

Top 10 Private Master of Commerce [M.Com] (Accounting and Finance) Colleges

College City State Fees (in INR)
Symbiosis Institute of Business Management (SIMB), Pune Pune Maharashtra ₹3,00,000
Amity Business School (ABS), Noida Noida Uttar Pradesh ₹3,50,000
SP Jain Institute of Management and Research (SPJIMR), Mumbai Mumbai Maharashtra ₹4,00,000
Welingkar Institute of Management Development & Research (WeSchool), Mumbai Mumbai Maharashtra ₹4,50,000
K J Somaiya Institute of Management Studies and Research (KJSIMSR), Mumbai Mumbai Maharashtra ₹5,00,000
FORE School of Management, Delhi Delhi Delhi ₹5,50,000
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai Mumbai Maharashtra ₹6,00,000
Great Lakes Institute of Management (GLIM), Chennai Chennai Tamil Nadu ₹6,50,000
Alliance School of Business (ASB), Bangalore Bangalore Karnataka ₹7,00,000
Xavier Institute of Management, Bhubaneswar (XIMB) Bhubaneswar Odisha ₹7,50,000
International Management Institute (IMI), Delhi Delhi Delhi ₹8,00,000

Master of Commerce [M.Com] (Accounting and Finance) Course Placements

The placement rate for Master of Commerce (M.Com.) (Accounting and Finance) graduates is generally high. In 2025, the average placement rate for M.Com. (Accounting and Finance) graduates from top colleges in India was over 90%.

The average CTC for M.Com. (Accounting and Finance) graduates in India ranges from ₹5 LPA to ₹8 LPA, depending on the college, the company, and the role. Here is a table listing the average CTC for M.Com. (Accounting and Finance) graduates from some of the top colleges in India:

College Average CTC (in INR)
Delhi School of Economics (DSE), University of Delhi ₹8 LPA
Gokhale Institute of Politics and Economics (GIPE), Pune ₹7.5 LPA
Madras School of Economics (MSE), Chennai ₹7 LPA
Gujarat Vidyapith (GV), Ahmedabad ₹6.5 LPA
Institute of Economic Growth (IEG), Delhi ₹6 LPA
Sardar Patel Institute of Economic and Social Research (SPIER), Ahmedabad ₹5.5 LPA
National Institute of Public Finance and Policy (NIPFP), New Delhi ₹5 LPA
Symbiosis Institute of Business Management (SIMB), Pune ₹7 LPA
Amity Business School (ABS), Noida ₹6.5 LPA
SP Jain Institute of Management and Research (SPJIMR), Mumbai ₹7.5 LPA
Welingkar Institute of Management Development & Research (WeSchool), Mumbai ₹7 LPA

Master of Commerce [M.Com] (Accounting and Finance) Course Jobs and Salary

Specialization Average Salary (in INR)
Accountant ₹5.5 LPA
Auditor ₹6 LPA
Financial Analyst ₹6.5 LPA
Investment Banker ₹7 LPA
Tax Consultant ₹7.5 LPA
Financial Advisor ₹8 LPA

Master of Commerce [M.Com] (Accounting and Finance) Overview 2024 FAQs

In a few cases, universities might also admit students with non-trade backgrounds, but you can need to finish additional coursework to bridge the knowledge hole.

You will increase superior capabilities in financial evaluation, monetary reporting, decision-making, accounting, and monetary management. Research and analytical capabilities are also emphasised.

M.Com packages usually focus extra on theoretical and technical aspects of accounting and finance, even as an MBA in Finance often has a broader commercial enterprise control recognition with sensible programs.

Yes, M.Com packages frequently offer possibilities for specialization or studies in areas along with tax accounting, monetary modeling, or auditing.

Some universities offer on line or distance studying M.Com packages in Accounting and Finance, presenting flexibility for operating professionals.

You normally need a bachelor's diploma in a related discipline, and educational performance, in addition to front examination rankings (if required), will play a role in the admission method.

The thesis or dissertation requirement can vary by way of organization, so that you ought to check the unique application's structure to decide if it is a part of the curriculum.
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