MFA Admissions in India 2024-Dates, Application, Entrance Exam, Selection, Colleges, Fees
The MFA course deals with Business Accounting, Management Accounting, Risk and Insurance Management, Investment Management, International Financial Management, etc. Read the full article to know about MFA admissions.
Globalization has fueled the popularity of commerce education in India, leading to advancements in higher education programs in the commerce and finance sectors. This shift has driven students to pursue courses in this field, with the Master of Finance Accounting (MFA) program being particularly popular. Covering subjects such as Business Accounting, Management Accounting, Risk and Insurance Management, Investment Management, and International Financial Management, this program opens doors to lucrative opportunities in the investment market, import and export industry, Indian Economic Services, banking sector, and more upon graduation.
For those considering admission to the MFA program in 2024, this article provides comprehensive information on top colleges offering the program, including details on fees, admission procedures, selection criteria, eligibility requirements, and more.
MFA Admissions in India 2024 Dates
The admission schedule for colleges and universities in India offering the MFA course is presented in a tabular format for a comprehensive overview. It is recommended to stay informed about this information to avoid missing any crucial dates. Please note that this schedule is tentative, and any updates will be communicated through the official websites of the colleges and universities in India.
Events | Dates |
Application Process Start Date | March 2024 |
Last Date to Apply | April 2024 |
Entrance Exam Date, if any | May 2024 |
Result Date | June 2024 |
Counselling Date | July 2024 |
Release of Merit List Schedule | August 2024 |
Commencement of Classes | August 2024 |
About MFA Admissions 2024 in India
The admission process to the MFA programme in India varies for different institutions. Although, the common MFA admission process includes the following steps.
Eligibility Criteria
⇓
Application Process
⇓
Entrance Exam/ Direct Admissions
⇓
Selection Process Based on Merit List
⇓
Document Verification
⇓
Final Enrollment
Each of these steps will be elaborated in detail in the following content.
Also Read: M.Com Admissions in India 2024
Eligibility Criteria for MFA Admissions 2024 in India
Mentioned below are the eligibility criteria that you must meet to get admission to the MFA course in India.
You must hold a Bachelor’s degree in any of the following programmes: Banking/ Finance/ Accounting/ Commerce.
The undergraduate degree must have been issued from a recognised university.
The minimum percentage required for the programme varies. But, you must have scored at least 45% to 50% marks in the bachelor’s degree.
Also Read: M.Com vs MFA: Top Colleges, Course Fee, Average Salary
How to Apply for MFA Admissions 2024 in India
The application to the Master of Financial Accounting programme can be completed through two modes.
Some colleges accept online as well as offline mode of applications, some accept either only online or offline mode of applications.
In most of the cases, you will be required to visit the official website of the intended college and apply online, if provided.
Some colleges require you to download the application form from the official website and then the rest of the process is completed in offline mode.
Do these long application forms confuse you? Then fill out our Common Application Form (CAF) and get help throughout the entire admission process only by the experts. Hurry Up!
Selection Process for MFA Admissions 2024 in India
The selection process for the MFA course depends on whether the admissions are offered through entrance examinations or on the basis of candidates’ performance in the bachelor’s degree exams. In both cases, the colleges/ universities/ institutes release a merit list created based on candidates’ performance in entrance exams/ bachelor’s degree. If you manage to make it to the merit list, you will have all or high chances of getting an admission.
Also Read: Top Master of Commerce (M.Com) Entrance Exams in India
Top Financial Accounting Colleges in India With Fees
Here is a list of top financial accounting colleges along with their fee details. You can click on the college name to know about their admission process, eligibility, scholarships and infrastructural facilities offered and more.
Colleges | Fees |
Narsee Monjee Institute of Management Studies - NMIMS, Mumbai | Up to INR 15 Lakhs |
Xavier School of Commerce, Xavier University Bhubaneswar | INR 4.1 Lakhs |
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | INR 50,700 Per Annum |
INR 1.85 LPA | |
INR 90,000 Per Annum - INR 2 LPA | |
INR 2.5 LPA | |
INR 2.96 LPA | |
INR 75,000 Per Annum | |
INR 26,000 - INR 30,000 Per Annum | |
Goenka College of Commerce & Business Administration, Kolkata | INR 6,000 Per Annum |
Also Read: Commerce Education in India - The Changing Dynamics
Related Courses
Here are some of the similar courses that you can explore.
Hope the information mentioned above helped you. If you have any questions regarding the same, ask away through our Q&A Section.
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FAQs
What is the syllabus of the MFA Admissions 2022?
The syllabus of the MFA Admissions 2022 is given below:
- Business Accounting
- Management Accounting
- Investment Management
- Risk and Insurance Management
- International Financial Management
Does an MFA course require a lot of mathematics?
The MFA course isn't hard-core math. It's basic addition, subtraction, multiplication, and division. Possibly some light, entry-level algebra, but that's it. You don't have to understand calculus.
What is the fees of top colleges of the MFA Admissions 2022 in India?
The fees of the top colleges of MFA Admissions 2022 varies from college to college but is mostly in the range of ?30,000-4,00,000 per annum.
What is the MFA course all about?
The MFA course deals with Business Accounting, Management Accounting, Risk and Insurance Management, Investment Management, International Financial Management, etc. After completing the programme, graduates can get a job with a handsome salary in the investment market, import and export sector, Indian Economic Services, banking sector and many such sectors.
What is the duration of an MFA course in India?
The MFA course duration is 1 year for a regular programme in a popular financial accounting college in India.
What are the top colleges of the MFA Admissions 2022 in India?
The top colleges of the MFA Admissions 2022 is explained below:
- NMIMS Mumbai
- St. Xavier’s Bhubaneshwar
- JBIMS
- BU Kolkata
- Sandip University Nashik
- KLH Hyderabad
- KCIC Chennai
How to apply for the MFA Admissions 2022 in India?
The application process of the MFA Admissions 2022 is as follows:
- The application to the Master of Financial Accounting programme can be completed through two modes.
- Some colleges accept online as well as offline mode of applications, some accept either only online or offline mode of applications.
- In most of the cases, you will be required to visit the official website of the intended college and apply online, if provided.
- Some colleges require you to download the application form from the official website and then the rest of the process is completed in offline mode.
What is the admission process for the MFA Admissions 2022 in India?
The admission process to the MFA programme in India varies for different institutions. Although, the common MFA admission process is similar across all colleges and universities. The admission process of the MFA Admissions 2022 is given below:
- Meeting the eligibility criteria
- Filling the application form
- Admission on the basis of merit/ entrance
- Selection based on merit list
- Document verification process
- Payment of course
- Final enrollment
What is the selection process for the MFA Admissions 2022 in India?
The selection process of the MFA Admissions 2022 is mentioned below:
The selection process for the MFA course depends on whether the admissions are offered through entrance examinations or on the basis of candidates’ performance in the bachelor’s degree exams. In both cases, the colleges/ universities/ institutes release a merit list created based on candidates’ performance in entrance exams/ bachelor’s degree. If you manage to make it to the merit list, you will have all or high chances of getting admission.
What is the eligibility criteria for the MFA Admissions 2022 in India?
The eligibility criteria of the MFA Admissions 2022 is highlighted below:
- You must hold a Bachelor’s degree in any of the following programmes: Banking/ Finance/ Accounting/ Commerce.
- The undergraduate degree must have been issued from a recognised university.
- The minimum percentage required for the programme varies. But, you must have scored at least 45% to 50% marks in the bachelor’s degree.