|25 K-3 L INR annual|
Masters of Finance and Control (M.F.C) is a two-year professional degree course that covers a wide range of financial and management subjects and provides students with in-depth knowledge about financial planning, risk management, decision-making, etc. It also aims at making students familiar with the financial and regulatory world.
MFC degree course helps nurture and develop candidates' conceptual and analytical skills which are a vital part of risk management and decision-making. The first year of the program introduces students to the principles and concepts of general management along with theoretical and practical knowledge of financial management and other related subjects. Whereas, the final year of the course is dedicated to advanced programs and specialisation courses with a research project related to different areas of financial management.
Candidates willing to pursue the course must have a thorough knowledge of taxation, and other financial laws.
Some of the major highlights of the Master of Finance and Control (M.F.C.) course are as follows:
Master of Finance and Control
Minimum Academic Requirement
Minimum Aggregate Score Requirement
50% or More
Commerce, Finance or Equivalent
Admission / Selection Process
Entrance / Merit-Based Admissions
Average Course Fee
Average Initial Salary
Areas of Employment
Banking, Investment, Real Estate, Venture Capital, etc.
In India, educational institutions opt for either of the two prominent methods of offering admissions to prospective students. Admissions to the Master of Finance and Control programmes in India can be based either on entrance test scores or merit alone. Here are the details of the two methods of MFC admission processes opted in India.
The year-wise syllabus for Master of Finance and Control (M.F.C.) is as follows:
Management Concepts & Organizational Behavior
Financial Systems in India
Project Management and Entrepreneurship
Funds Management in Banking & Insurance Sectors
Securities Market Operations
Strategic Financial Management
Management Control System
Corporate Tax Planning & Management
Summer Training Report
Working Capital Management
International Finance Management
Masters of Finance and Control is a career-oriented course as candidates get the opportunity to bag a variety of job roles that they can choose from. Some of the popular employment areas for M.F.C postgraduates are:
There are plenty of career options in the world of Finance and Control, especially for PG graduates. Among these areas of employment, the job profiles for Master of Finance and Control graduates in India are immense and diverse. Here’s a list of suitable job profiles for finance and control degree holders:
A graduate of MFA in India will be able to pursue highly lucrative career paths and build a stable and attractive career for themselves. As per trends, MFA graduates can, initially, earn anywhere between ?4,00,000 - ?8,00,000. Depending on various factors such as prior work experience of the candidate, academic qualifications, area of employment and the job profile, the annual pay of an MFA graduate may vary. Gaining enough experience and skills through training and years in the professional world, an MFA graduate can see themselves earning anywhere between ?12,00,000 - ?15,00,000 per year.
However, Master of Finance and Control (MFA) graduates can also pursue higher education and even doctorate programmes in India. There are immense opportunities for graduates to pursue doctoral programmes and attempt UGC NET.
Delhi University Arts , Delhi University Science are some of the exams that you can appear for to get admission in Masters of Finance & Control (M.F.C.) courses.
Following are some of the top colleges offering Commerce and Banking courses : St. Andrew College Of Arts Science & Commerce (Mumbai) , Lady Shri Ram College for Women (Delhi) , Goenka College of Commerce & Business Administration (Kolkata) , K. J. Somaiya College of Arts and Commerce (Mumbai) , Hansraj College (Delhi). You can explore these colleges on our website to check if they offer Masters of Finance & Control (M.F.C.) or not.
The average fee for Masters of Finance & Control (M.F.C.) is INR 60,000 per year.
Masters of Finance & Control (M.F.C.) is a 2 year course.
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