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.
|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.|
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.
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.
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.
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.
Letters of Recommendation: Many institutions may also request letters of recommendation from professors or specialists who can vouch for your academic and professional skills.
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.
Interview: In some instances, universities might also conduct interviews as part of the admission process to evaluate your suitability for the program.
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.
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.
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.
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.
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.
|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).|
|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|
|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|
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|
|Specialization||Average Salary (in INR)|
|Financial Analyst||₹6.5 LPA|
|Investment Banker||₹7 LPA|
|Tax Consultant||₹7.5 LPA|
|Financial Advisor||₹8 LPA|