The M.Com. in Finance & Controls is a 2-year specialized post graduate commerce program that trains students in advanced financial knowledge that integrates audits and internal control systems. The program is specifically designed to respond to an increasing industry demand for human resources with corporate financial governance expertise, strategic cost control experience, and risk analysis capabilities.
The eligibility criteria for M.Com in Finance & Controls typically require candidates to have a Bachelor's degree in commerce, finance, or related fields with a minimum of 50% aggregate marks (45% for reserved categories). Admission may be merit-based or through entrance exams conducted by universities.
The average course fee for studying M.Com Finance & Controls lies between INR 75,000-1,50,000. Some of the best institutions are Buxi Jagabandhu Bidyadhar Autonomous College and Sambalpur University.
M.Com in Finance & Controls graduates can work in sectors like banking, finance, insurance, accounting, and corporate financial management. Typical job roles include Financial Controller, Financial Manager, Investment Banker, Accountant, and Risk Analyst. The average annual salary ranges from INR 6-15 LPA, with higher pay for experienced professionals. These roles exist in private firms, banks, government organizations, and multinational corporations
Table of Contents
- M.Com Finance & Controls Key Highlights
- What is a M.Com Finance & Controls course?
- Why Study M.Com Finance & Controls?
- Who should study M.Com Finance & Controls?
- M.Com Finance & Controls Eligibility Criteria
- M.Com Finance & Controls Best Colleges in India
- M.Com Finance & Controls Admission Process 2025
- M.Com Finance & Controls Syllabus
- M.Com Finance & Controls Job Opportunities in India
- M.Com Finance & Controls FAQs
M.Com Finance & Controls Key Highlights
M.Com in Finance & Controls suits students interested in applying financial principles within corporate, audit, or regulatory environments. It builds a strong foundation in finance, control systems, and compliance, preparing graduates for high-responsibility roles in both industry and further specialized studies. Below are the key highlights of the program:
What is a M.Com Finance & Controls course?
The M.Com in Finance & Controls is a graduate qualification with key focus areas in the strategic and regulatory components of finance functions. It will help students to learn and practice the processes involved in internal audit, cost control, corporate finance, and requirements involved in compliance across any industry.
The course also contains the tools and practices to ensure knowledge of integrated report standards, risk management, systems of accounting, taxation, and audit plans. There is also an emphasis on technical knowledge, using packages such as Tally, SAP, Excel, and ERP software programs often used by finance departments today.
This course will also prepare students, who want to pursue career opportunities in senior finance roles and take global certifications, such as CFA, CMA, or CPA.
Why Study M.Com Finance & Controls?
The M.Com Finance & Controls course offers knowledge and expertise that meets the expectations of companies in areas related to finance and regulatory requirements. Here are some of the most important reasons to join this program:
- Industry-relevant specialization: Curriculum focuses on financial control system, auditing, and regulatory frameworks, which is expected from companies.
- Professional career path: This is the correct program for students seeking to become CFOs, financial controllers, and risk auditors.
- Global relevance: This program provides financial practices available from both an Indian and International corporate perspective.
- Learning opportunities: Students will experience ERP, SAP, Excel modelling, and accounting software.
- Recognition following completion: This program will add value to professional certifications such as CA, CMA, ACCA, and CPA.
Who should study M.Com Finance & Controls?
This program is recommended for:
- Graduates in commerce or business who have an interest in financial governance and compliance.
- Individuals who want to develop a career in corporate finance, internal auditing, or financial consulting.
- Publishers of professional roles in multinational corporations, banking, audit firms, or financial control units.
- Candidates wanting to pursue additional certifications, such as CFA, CMA, or CISA.
- Any professional wishing to specialize in finance through a structured academic route.
M.Com Finance & Controls Eligibility Criteria
To enroll in an M.Com in Finance & Controls, students must have the appropriate academic qualifications that ensure students have a working knowledge of the field of commerce and finance-related topics.
- Educational Qualifications: University bachelor's in commerce or a related field (B.Com / BBA / BMS / BA Economics or similar).
- Minimum Marks: 50% of total marks (Though this may differ depending on the institution).
- Entrance Exam: Entrance exams are not a requirement for all universities, others provide tests at the university level, or conduct entrance exams to fill seats in the M.Com program, CUET-PG or university-level tests (such as entrance tests).
- Age Limit: No age limit for most institutions.
- Reservation: University policies for relaxation in marks for SC/ST/OBC/PwD, if needed.
M.Com Finance & Controls Best Colleges in India
There are many well-established institutes in India that offer a small selection of M.Com Finance & Controls programs. These institutes are committed to providing adequate academic rigor combined with good assimilation with the industry. These colleges also provide access to ERP and financial modeling labs, faculty with commerce and finance backgrounds, internship opportunities, and placement help in respectable firms and MNCs.
Check for other specialization M.Com Banking
M.Com Finance & Controls Admission Process 2025
Most universities use a simple procedure for admissions that comprises similar steps. Food reference the admission process at Sambalpur University is given below:
Step 1- You must possess a bachelor’s degree such as a B.Com or BBA or any equivalent degree with a minimum of 50% average marks.
Step 2- Navigate to the official website of the university/college of your choice, and fill out the online application form.
Step 3- Some Universities conduct entrance tests while others accept national exams.
Step 4- Merit List and Selection: Applicants will be shortlisted based on their academic performance and/or entrance test results.
Step 5- Document Verification and Fee Payment
Step 6- Final admission will be confirmed after document verification and payment of the fee are completed.
Required Documents:
- 10th + 12th Standard Mark Sheets
- Undergraduate Degree Certificate and Marksheets
- Identity proof
- Passport-size photographs
M.Com Finance & Controls Syllabus
The M.Com Finance & Controls syllabus provides both theoretical insights and practical financial skills. The syllabus starts with fundamental learning regarding accounting and management and then gradually covers advanced topics on corporate finance, internal audit, ERP systems, and compliance management. The syllabus semester wise is as follows: Details of syllabus by Buxi Jagabandhu Bidyadhar Autonomous College are given below:
Read more about M.Com Accountancy
M.Com Finance & Controls Job Opportunities in India
Graduates are recruited across corporate, banking, and consulting sectors. The growing focus on financial transparency and compliance fuels demand for trained professionals in finance and control systems.
Also read about M.Com Financial Management
M.Com Finance & Controls FAQs
Is M.Com Finance & Controls any different from a regular M.Com?
Yes! It is a focus version of M.Com with core modules on finance, auditing, and internal control. Unlike a regular M.Com, this is meant for professional positions that require financial regulatory compliance and knowledge.
Can I use this M.Com Finance & Controls as a working professional?
Yes, working professionals are being accepted into the programme for part-time study (weekend classes) or distance-learning formats. Only, where fulltime study may offer more exhaustive academic and placement support.
Do you provide practical training?
Yes, most colleges provide practical training in various financial modules (eg. Tally, Excel, ERP systems, etc). Internships or project work may be required of students, with post-data assignments using 'live' financial data.
Is M.Com Finance & Controls useful for government jobs?
Yes, it is. Graduates would be eligible to apply for Government jobs in public sector banks, financial regulatory bodies, and other Government accounting roles. It will also benefit students in competitive exams like UGC-NET or civil service jobs with commerce majors.
What higher studies can I pursue after M.Com Finance & Controls?
Students may pursue a PhD in Commerce or Finance, MBA in Financial Management or globally recognised professional accreditations such as CFA, CPA or CMA. Although, these would take some time, post-field to advance into international financial roles or academia.