MCom Banking and Finance expanded as a Master of Commerce in Banking and Finance is a specialized postgraduate program approved by the University Grants Commission (UGC). This 2-year specialized program lets the candidates dive deeper into the fields of Banking and Finance.
For the candidates who wish to pursue MCom Banking and Finance, the eligibility criteria are an Undergraduate Degree, preferably a BCom from a recognized university. Admission to MCom in Banking and Insurance is generally based on Merit, however, some universities do conduct an entrance examination.
The fees of MCom Banking and Finance may vary depending on the institution you’re choosing. 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 2,50 000 – 300,000.
Completing your master's in Banking and Finance does broaden your career choices. 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 you can get after completing MCom in Banking and Finance is INR 2,50,000 – 14,00,000.
- MCom in Banking and Finance Course Highlights
- MCom in Banking and Finance Eligibility Criteria
- MCom in Banking and Finance Entrance Exams
- MCom in Banking and Finance Colleges in India
- MCom in Banking and Finance Admission Process
- MCom in Banking and Finance Syllabus
- MCom in Banking and Finance Job Opportunities
- MCom in Banking and Finance FAQs
MCom in Banking and Finance Course Highlights
Followed are some of the basic details of the MCom Banking and Finance:
Details | Particulars |
Course Name | MCom Banking and Finance |
Course Level | Postgraduate |
Duration | 2 Year/4 Semester |
Course Type | Full Time/Part Time |
Admission Process | Merit-Based/Entrance-Based |
Eligibility Criteria | Undergraduate Degree (BCom preferred) from a recognized university with a minimum of 50%-55%. |
Course Fees (Average) | INR 50,000 – 1,00,000 |
Subjects | Strategic Management, Financial Markets, Accounting of Banking Sector, Cost and Management Accounting, Corporate Finance, Debt Market |
Top Colleges | KPB Hinduja College of Commerce, Lady Shri Ram College for Women, Dr. Shantilal K. Somaiya School of Commerce and Business Studies, Narsee Monjee College of Commerce & Economics (Autonomous), HR College of Commerce & Economics |
Job Profile | Chartered Accountant, Corporate Accountant, Business Consultant, Professor, Tax Consultant, Investment Banker, Financial Planner, Wealth Manager, Fund Manager |
Top Recruiters | Deloitte, EY, KPMG, PwC, HDFC, Google, Microsoft, Amazon, Apple |
Average Salary in India | INR 2,50,000 – 14,00,000 |
MCom in Banking and Finance Eligibility Criteria
The MCom Banking and Finance eligibility criteria is as follows:
- The candidate aspiring to pursue MCom Banking and Finance must have completed a bachelor's degree in the relevant field (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 in Banking and Finance Entrance Exams
Candidates who are looking to pursue MCom Banking and Finance from a certain university might have to appear for an entrance exam. Listed below are some of the entrance exams:
Entrance Exam | Conducting Body | Application Date (Tentative) | Exam Date (Tentative) | Application Fees/- |
CPGET | Osmania University | Late May to Early June 2026 | July 2026 | ₹800 (General), ₹600 (SC/ST/PH) |
CUET PG | National Testing Agency (NTA) | Late March to Early April 2026 | Apr 2026 | ₹800 (General), ₹600 (SC/ST/PH) |
AP PGCET | Andhra Pradesh State Council of Higher Education (APSCHE) | Late May to Early June 2026 | June 2026 | ₹800 (General), ₹600 (SC/ST/PH) |
MAH CET | State Common Entrance Test Cell, Maharashtra | Late February to Late March 2026 | 28 March 2026 | ₹1,000 (General), ₹800 (SC/ST/PH) |
URAT PG | University of Rajasthan | Late May to Early June 2026 | June 2026 | ₹500 (General), ₹300 (SC/ST/PH) |
MCom in Banking and Finance Colleges in India
Listed below are some of the MCom Banking and Finance Colleges in India. Let’s have a look at them:
NIRF Ranking (College) | Colleges | Course Fees (Approx.) |
- | KPB Hinduja College of Commerce, Mumbai | INR 27,000 |
3 | University of Delhi | - |
14 | Madras Christian College, Chennai | - |
- | Dr. Shantilal K. Somaiya School of Commerce and Business Studies, Mumbai | INR 1,24,800 |
- | Narsee Monjee College of Commerce & Economics (Autonomous), Mumbai | INR 37,510 |
- | HR College of Commerce & Economics, Mumbai | INR 6,40,000 - 7,20,000 |
43 | Osmania University, Hyderabad | INR 40,600 |
78 | Bharati Vidyapeeth Deemed to be University, Pune | - |
- | Alva’s College, Karnataka | INR 18,500 |
MCom in Banking and Finance Admission Process
Admission to PG Courses may vary depending on the institution type. The Admission to MCom Banking and Finance is similar; 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 in 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.
Semester I | Semester II |
Strategic Management | Research Methodology for Business |
Economics for Business Decisions | Macroeconomics Concepts and Applications |
Cost and Management Accounting | Corporate Finance |
Business Ethics and Corporate Social Responsibility | E-Commerce |
Semester III | Semester IV |
Financial Markets | Investment Management |
Accounting of the Banking Sector | Currency Derivatives |
Commercial Bank Management | Auditing of the Banking Sector |
Debt Market | International Finance |
Treasury Management | Financial Services |
MCom in 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.
Job Profiles | Experience | Recruiters | Average Salary |
Chartered Accountant | 0-1 Years | Stanley Lifestyles | INR 12,00,000 – 15,00,000 |
Corporate Accountant | 0-2 Years | Corporate Connections | INR 6,00,000 – 7,00,000 |
Professor | 3-7 Years | - | |
Investment Banker Analyst | Fresher | Trigger Education Services | INR 2,50,000 – 6,00,000 |
Senior Banker | 12-17 Years | Deutsche Bank | INR 10,00,000 – 12,00,000 |
Tax Consultant | 0-6 Years | EY | - |
Financial Planner | 4-7 Years | HARMAN | INR 15,00,000 – 20,00,000 |
Fund Manager | 1-2 Years | Desicrew Solutions | INR 2,25,000 – 2,50,000 |
MCom in Banking and Finance FAQs
What is the scope of MCom 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.
