M.Com(Accounting and Finance)- Stands for Masters of Commerce in Accounting and Finance. Typically, M.Com is a two year course, minimum eligibility for which is a B.Com degree. Accounting is essentially the communication process through which financial information is passed to its users such as shareholders. Finance is essentially the science of managing funds. Subjects typically studied under this degree are financial management, financial accounting, business management, costing and statistics.

Basic Eligibility

 

The eligibility criteria for pursuing a master’s degree are holding a bachelor's degree with commerce subjects such as accounts, maths and economics. The duration for this course is 2 years.

Job Prospects

There are lots of career opportunities in field. It is one of the top career choices made by students in India. A graduate after completion of his/her course can initially join as a trainee or  an accountant. Accountants can also seek employment in various sectors such as in government and private sectors, public accounting firms, markets research, budget planning, corporations and consultancies.  

Professionals in this career can also opt for teaching jobs in universities and colleges. Graduate professionals can  work as  freelancers in this field. They can work separately by taking assignments from small venture for maintaining their accounts on daily or weekly basis. There are lots of job opportunities available in India as well as in foreign countries for chartered accountants.

Some job titles: -

 

  • Finance Managers
  • Independent Worker
  • Financial Advisors
  • Directors (Finance)
  • Financial Controllers
  • Chief Financial Officer
  • Certified Public Accountant
  • Chartered Management Accountant


Remuneration: -

Accounting and finance is one highly remunerative field.  Accountant's income mostly depends upon their qualifications and experience. For those who want to pursue a career in accounting, their initial salary starts from 7, 000 to 15,000 per month. After gaining much experience and knowledge one can get around Rs.20, 000 to Rs.25, 000 per month. Chartered accountants working in private sectors can earn handsome salary.  Professionals working in government sector can earn around Rs. 15,000 to Rs.18, 000 every month with allowances.

Institutes Offering M.Com. - Accounting and Finance

Acharya Institute of Graduate Studies (AIGS), Bangalore - Master of Finance & Accounting
Ahmednagar College - Master of of Commerce in Accountancy
Ahmednagar College - Master of Commerce in Advanced A/c & Auditing
Al-Ameen College Edathala - Master of Commerce in Finance Stream
Annamalai University - Master of Commerce in Accounting and Finance
Annamalai University - Master of Commerce in Accounting and Taxation
Bharathiar University, Coimbatore - Master of Commerce in Finance and Accounting
Bonnie Foi College, Bhopal - Master of Commerce in Accounts
Chaudhari Yadunath Singh Mahavidyalaya, Bhind - Master of Commerce in Accounting
Chhattisgarh University - Master of Commerce in Accounting
D.A.V. College, Jalandhar - Master Of Commerce in Finance & Accounts
Davangere University - Master of Accounting & Finance
Ganga Kaveri Group of Institutions - Master Of Finance & Accounting
Government Girls Post Graduate College - Master of Commerce in Accounting
Jogmaya Devi College - Master of Commerce in Accounting
Jyoti Nivas College - Master of Finance and Accounting
Lala Lajpat Rai College of Commerce and Economics, Mumbai - Master of Commerce in Accounts and Buisness Management
Madhya Pradesh Bhoj (Open) University - Master of Commerce (Accounts)
Madhya Pradesh Bhoj (Open) University (MPBOU), Bhopal - Master Of Commerce In Accounts
Mahila Maha Vidyalaya, Jodhpur - Master of Commerce in Accounting and Business Statistics
Margherita College - Mster of Commerce in Accounting and Finance
N. G. Acharya and D. K. Marathe College of Arts, Science and Commerce - Master of Commerce in Accountancy
Pondicherry University - Master of Commerce in Business Finance
Rizvi Rizvi College of Arts, Science and Commerce - Master of Commerce in Accountancy
Saga Institute of Management Studies - Master of Commerce in Accounting and Finance
SCHOOL OF COMMERCE - M.Com
Shivaji University - Master of Commerce in Accountancy and Auditing
Shivaji University - Master of Commerce in Cost Accountancy
Sree Sankara Vidyapeetom College - Master of Commerce - Accounting and Finance
Sri Venkateshwara Institute of Distance Education - Master of Commerce in Financial Management
Sri Venkateshwara Institute of Distance Education - Master of Commerce in Accounting and Finance
SRPA Adarsh Bhartiya College - Master of Commerce in Accounting and Finance
Sun Institute of Technical Education & IT - Master of Commerce (Accountancy)
The Divine Image College - Master of Commerce
The Maharaja Sayajirao University - Master of Commerce in Accounting and Financial Managment
Vivekanand Education Society's College of Arts, Science and Commerce - Master of Commerce in Accountancy
VRS & YRN College - Master of Commerce in Accounts
Xplora Design Skool, Asansol - Master of Finance and Control
Xplora Design Skool, Asansol - Master of Commerce Finance and Accounting
Xplora Design Skool, Asansol - Master of Commerce in Accounting and Finance

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