M.Com Banking and Finance is a specialized postgraduate program of 2-year that dive deeper into the fields of Banking and Finance. The eligibility criteria is an undergraduate degree, preferably a BCom from a recognized university. Admission is generally based on Merit; however, some universities do conduct an entrance examination.
The course fees may vary depending on the institution. Colleges like KPB Hinduja College of Commerce or Lady Shri Ram College for Women may offer the course for INR 20,000 – 50,000. On the other hand, colleges like OP Jindal Global University and Amity University may offer the same courses for INR 2.5 - 3 Lakhs.
Completing Master of Arts in Banking and Finance broadens the career prospects. Candidates can pursue job roles like Chartered Accountant, Corporate Accountant, Business Consultant, Professor, Tax Consultant, Investment Banker, Financial Planner, Wealth Manager, Fund Manager, etc. The average salary one can expect is INR 2.5 - 14 LPA.
Table of Contents
- MCom Banking and Finance Highlights
- What is MCom Banking and Finance?
- MCom Banking and Finance Eligibility Criteria
- MCom Banking and Finance Entrance Exams
- MCom Banking and Finance Colleges in India
- MCom Banking and Finance Admission Process
- MCom Banking and Finance Syllabus
- MCom Banking and Finance Vs MBA Finance
- MCom Banking and Finance Job Opportunities
- MCom Banking and Finance FAQs
MCom Banking and Finance Highlights
Followed are some of the basic details of the Master of Commerce in Banking and Finance:
What is MCom Banking and Finance?
M.Com in Banking and Finance is a two-year postgraduate program that focuses on advanced concepts in banking, financial systems, investment analysis, risk management, and financial markets. Those who have a bachelor’s degree in BCom with minimum 50% marks in aggregate can apply for this course.
The course is designed to equip students with the theoretical knowledge and practical skills needed for careers in the banking and finance sector. It is ideal for commerce graduates looking to specialize in areas like financial services, banking operations, and capital markets.
MCom Banking and Finance Eligibility Criteria
The MCom Banking and Finance eligibility criteria are as follows:
- The candidate must have completed a bachelor's degree in the relevant field like commerce.
- The candidate who has a degree in BCom would be preferred. The candidate should have scored a minimum of 50%-55% in the undergraduate degree.
- Some universities offer direct admission; however, for some universities, the candidates have to give an entrance exam to enroll in the course.
MCom Banking and Finance Entrance Exams
Candidates who are looking to pursue MCom in Banking and Finance from a certain university might have to appear for an entrance exam. Listed below are some of the entrance exams:
MCom Banking and Finance Colleges in India
Listed below are some of the M.Com Banking and Finance Colleges in India. Let’s have a look at them:
MCom Banking and Finance Admission Process
Admission to PG Courses may vary depending on the institution type. The Admission to Master of Commerce in Banking and Finance is similar for most of the institutes. To give the candidate an overview, listed below is the admission procedure for the Madras Christian College, Chennai.
- For Madras Christian College, candidates can even apply with 5-semester marks.
- While applying online, candidates must upload their semester-wise mark sheet and other relevant documents.
- For the PG Applicants - Apply only using the Result Published Login, which you’ll find on the official website of Madras Christian College.
How to Fill the Form?
- Start by clicking Admissions 2025-2026. If you’re a new user, click Sign Up for registration. For already registered users, you can use your Unique Identification Number.
- Now, select the degree/programs you want to pursue. Provide all your personal details, academic details, and all the required documents.
- Now, after filling in all the details, proceed to the payment page and pay the application fees.
- After the successful completion of fees, you’ll be given a UIN number by the college which you can use later on to update the details.
- Selected candidates will be contacted through their mobile number and E-mail address.
MCom Banking and Finance Syllabus
For the students who want an idea of what kind of subjects they’ll be studying, this semester-wise syllabus is taken from KPB Hinduja College of Commerce, Mumbai.
MCom Banking and Finance Vs MBA Finance
Here is the comparison between two courses i.e. M.Com Banking and Finance and MBA Finance. The table below highlights the comparison between the two courses.
MCom Banking and Finance Job Opportunities
Completing an MCom in Banking and Finance broadens the job opportunities for the candidate. Listed below are some of the Job Profiles candidates can pursue. The sources are taken from credible platforms like Naukri, Payscale, and Indeed.
MCom Banking and Finance FAQs
Is M.Com Banking and Finance available in distance education mode?
Yes, several universities like IGNOU, Annamalai University, and Madurai Kamaraj University offer M.Com Banking and Finance in distance education mode. It is ideal for working professionals or those unable to attend regular classes.
What is the M.Com in Banking and Finance Fees?
The fees for M.Com Banking and Finance range from INR 50,000 to 1,00,000 per year in most public and private universities. Distance education programs may cost even less.
What is the salary after M.Com Banking and Finance?
Graduates can expect an average salary of INR 3 to 6 LPA, depending on the job role, skills, and organization. With experience, the salary can rise significantly in banking or financial sectors.
What is the scope of MC.om Banking and Finance?
An MCom in Banking and Finance broadens the scope of opportunities candidates can get. A master's degree in Banking and Finance lets the candidate dive deeper into it. Students can pursue job roles like Chartered Accountant, Corporate Accountant, Business Consultant, Professor, Tax Consultant, Investment Banker, Financial Planner, Wealth Manager, Fund Manager.
What is the duration of the M.Com in Banking and Finance program?
The M.Com in Banking and Finance program typically lasts for two years and is divided into four semesters. This structure allows students to cover a comprehensive curriculum that includes both theoretical and practical aspects of banking and finance.
What are the eligibility criteria for enrolling in this program?
Candidates must hold a Bachelor's degree in Commerce (B.Com) or a related field with a minimum aggregate score of 45% to 50%. Some institutions may also require entrance exam scores for admission.
What career opportunities can I expect after completing my M.Com in Banking and Finance?
Graduates can pursue various roles such as Banking Executive, Financial Analyst, Investment Banker, Credit Manager, or Risk Manager. The program prepares students for careers in banks, financial institutions, consultancy firms, and corporate finance departments.
Are there opportunities for further studies after completing this degree?
Yes! Graduates can pursue additional qualifications such as a Ph.D. in Finance or Banking, or professional certifications like Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) to enhance their expertise and career prospects.
