Updated By Rahul Raj on 25 Nov, 2020
Average Duration | 2 years | ||
Average Fee | 5 K-2.12 L INR annual | ||
Study Mode | Regular |
Masters of Financial Management is a career-oriented program and is designed in such a manner that it provides students with the modern as well as historical knowledge of financial and accounting management. It also helps students with no specialised knowledge and skill of financial management to develop a deep understanding of accounting and finance.
It is a two-year program and is best suited for candidates who have always been interested in finance, risk management, project planning and control, economic analysis, marketing analysis, audit, corporate planning etc. Along with the interest in the above subjects, candidates must have good analytical skills and latest knowledge of computer applications.
Course Name | Master of Financial Management |
Short Name | MFA |
Course Level | Postgraduate |
Course Type | Degree Programme |
Degree | Master |
Specialisation | Financial Management |
Course Duration | 2 Years |
Internship | Not Mandatory |
Course Mode | Regular |
Minimum Qualification Required | Graduation |
Age | No prescribed age limit |
Selection Process | Direct Admission/ Through Entrance Exam |
Course Fee | INR 5,000 to INR 2.12 lakh per annum |
Relevant Field | Banking, Research Companies, Financial Companies, etc. |
Job Types | Insurance Manager, Credit & Cash Manager, Chief Financial Officer, Finance Controller, Consultant, Treasurer, Risk Manager, Finance Officer, etc |
Average Salary | INR 7 LPA - INR 35 LPA |
To get admission in MFA course, one must meet the following eligibility criteria.
Year I
Advanced Corporate Accounting | Indian Financial System | Banking & Insurance Management |
Applied Financial Economics | Advanced Management for Accounting | Corporate & Securities Law |
Management of Financial Services | Research Methods & Data Analysis | Business Information System |
Year II
Project Appraisal & Financing | Treasury Management | Debt Markets & Mutual Funds |
Security Analysis & Portfolio Management | Debt Markets & Mutual Funds | Direct Taxes |
Management of Public Finance | Global Business Finance | Corporate Governance & Business Ethics |
Want to know more about
Master of Financial Management course trains candidates to excel in a business career in any part of the world. MFM programme assures that candidates have the advanced skill set required for financial management, making them job-ready both for the private and public sector.
With sufficient knowledge and professional experience, candidates can also become financial experts. Financial experts during their job make financial plans for individuals and plan the acquisition of other companies. Listed below are some popular job roles and employment areas for MFM postgraduates.
| Employment Areas |
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| Job Profiles |
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Depending upon the job profile and work experience, MFM candidates can earn the following packages.
| Job Profiles | Salary |
| CFO (Chief Financial Officer) | INR 7.8 LPA - INR 80 LPA |
| Insurance Manager | INR 4.4 LPA - INR 11.9 LPA |
| Finance Officer | INR 1.6 LPA - INR 7 LPA |
| Finance Expert | INR 2.2 LPA - INR 5 LPA |
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Some of the popular job profiles available for MFM graduates are Finance Officer, Finance Controller, Chief Financial Officer, Risk Manager, Consultant, Treasurer, etc
Initially, the average salary of an MGM graduate ranged between Rs 4.5 LPA to Rs 5 LPA. But with 3 to 5 years of experience, a graduate can earn in between Rs 10 LPA.
There is no specific age limit to pursue Masters of Financial Management course. However, you can cross-check with the college of your choice.
In most colleges, the application forms can be filled in online mode which is available on the official website or you can download the same fill it in online mode if the college accepts offline application.
In most of the colleges, Masters of Financial Management admission is done on the basis of merit. However, some institute conduct their own entrance exam for admissions.
The average fee for Masters of Financial Management ranges between Rs 30,000/- to Rs 2,12,000/- per year.
The minimum percentage required for Masters of Financial Management is 50%.
In order to pursue a Masters of Financial Management Course, candidates need to secure a Bachelor Degree
The duration of the Masters of Financial Management course is of 2 years.
Delhi University Science , Delhi University Arts are some of the exams that you can appear for to get admission in Master of Financial Management courses.
Get details of best colleges for MFM.
