MFA Admissions in India 2024-Dates, Application, Entrance Exam, Selection, Colleges, Fees

Diksha Nautiyal

Updated On: January 30, 2024 05:53 pm IST

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. 

MFA Admissions in India

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

Brainware University (BU), Kolkata

INR 1.85 LPA

Sandip University, Nashik

INR 90,000 Per Annum - INR 2 LPA

KL University (KLH), Hyderabad

INR 2.5 LPA

King's Cornerstone International College (KCIC), Chennai

INR 2.96 LPA

Birla Global University - (BGU), Bhubaneswar

INR 75,000 Per Annum

SNMV Institute of Management, Coimbatore

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.

MBA in Financial Management

Chartered Financial Analyst

Master of Finance and Control (MFC)

Master of Financial Management (MFM)

M.Com in Finance

Chartered Accountancy (CA)

Hope the information mentioned above helped you. If you have any questions regarding the same, ask away through our Q&A Section.

Good Luck

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

news_cta

FAQs

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.

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 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
     

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 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 
     

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 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 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.

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 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 


 

View More
/articles/master-of-financial-accounting-mfc-admission/
View All Questions

Related Questions

Without entrance exam and best placement colleges for MBA course in mp

-Ansh pandeyUpdated on February 29, 2024 01:06 PM
  • 3 Answers
Rajeshwari De, Student / Alumni

Yes, Symbiosis Institute of Business Management Bangalore is a reputable university. It is a part of Symbiosis International University, a prestigious institution of higher learning in India. The National Assessment and Accreditation Council (NAAC) has accredited the SIBM Bangalore with the grade 'A'. The Post Graduate Diploma in Management (PGDM), Executive MBA (EMBA), and Full-Time MBA (FTMBA) are among the MBA courses offered by SIBM Bangalore. A few specialty MBA programs are also provided by the college, including the MBA in Retail Management and the MBA in Healthcare Management. The college has a successful placement history. The average annual pay …

READ MORE...

Fees structure for MBA in finance at Jasoda Devi Group Of Institutions

-Rohit yadavUpdated on February 01, 2024 02:16 PM
  • 1 Answer
Ashish Aditya, Student / Alumni

Hello Rohit.

Jasoda Devi Group Of Institutions does offer a two-year MBA programme for its students. The college has not posted the fees structure for the MBA in Finance course. During our research, we found that the expected Jasoda Devi Group Of Institutions fees structure for the MBA in Finance course is between Rs 1,38,550 - Rs 1,98,555 per year.

We hope this answers your query. Thank you.

READ MORE...

M.com me admission ka process.And fess detail at MS College Motihari

-POOJA PATELUpdated on January 29, 2024 10:18 AM
  • 1 Answer
Ashish Aditya, Student / Alumni

Hello Pooja, hope you are doing well.

MS College Motihari course list does include M.Com course and the college provides admission to students who qualified for B.Com or any other graduation from a recognised university. The MS College Motihari admission process for M.Com is based on a merit list drawn up using the score obtained in graduation. The college did not mention its fees on its official website. However, our research found that the M.Com fees in Bihar range from Rs 2,000 to Rs 14,000 per year. 

Thank you.

READ MORE...

Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Recent Articles

Recent News

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy

Top 10 Commerce and Banking Colleges in India

View All
Top
Planning to take admission in 2024? Connect with our college expert NOW!