MFC Admissions in India 2024: Check Eligibility, Admission Process, and Colleges

MFC admissions in India are offered on the basis of merit, that is marks secured in graduation degree as well as on the basis of scores obtained in the relevant entrance exams. 

Every year many leading public and private colleges and universities offer MFC course (Master of Finance and Control) for a duration of two years wherein candidates learn about finance, marketing, taxation, risk management as well as business management.

Read the article given below to get deep insight into the MFC admissions in India such as information about eligibility criteria, selection process, counselling and seat allotment.

MFC Admission Highlights

For a swift overview about the MFC admissions in India, refer to the highlights mentioned below:

Also Read: MFA vs MFC Course

MFC Admission Dates 2024

A general overview of MFC admission dates are given in the table below. To get the admission schedule for a particular college or university, candidates are advised to visit the official website of that institution.

Events	Dates
Registration Start Date	Ongoing
Last Date to Apply	May 2024
Admit Card Date	June 2024
Exam Date	June 2024
Result Date	June 2024
Counseling Date	June/ July 2024
Seat Allotment Date	July 2024
Merit List Release Date	July 2024
Commencement of Classes	July/ August 2024

MFC Eligibility Criteria 2024

Like every other postgraduate programme, it is important to qualify the MFC eligibility criteria as defined by the individual colleges. It should be noted that each individual university, college and institution will define their own eligibility criteria for the respective courses. However, there are general eligibility criteria for MFC courses in India, which have been outlined below.

Category	Master of Finance and Control
Academic Requirement	Bachelor Degree in Commerce, Finance, Banking or equivalent disciplines.
Aggregate Score Requirement	50% and Higher
Subject / Discipline Requirement	Commerce, Finance, Banking or equivalent

MFC Application Process 2024

Either you take admission on the basis of merit or on the basis of marks secured in relevant entrance exams, in both the cases you have to apply online for the MFC admissions in India. A general overview of the application process is discussed below. For in-depth information, candidates are requested to visit the official website of the interested college or university to get complete details about the application process for the academic year 2024 to 2026.

Either you take admission on the basis of merit or on the basis of marks secured in relevant entrance exams, in both the cases you have to apply online for the MFC admissions in India. A general overview of the application process is discussed below. For in-depth information, candidates are requested to visit the official website of the interested college or university to get complete details about the application process for the academic year 2024 to 2026.

• Visit the official website and register yourself for the very first time. Here you will be asked to enter your name, date of birth, course preference, email address and phone number etc.
• After successful registration, you will receive your login credentials on the provided email address.
• Using these login credentials, you have to login once again on the official website.
• A screen will appear in front of you that will contain the application form for the MFC admission in India.
• You have to fill the entire application form carefully and have to provide all your personal and educational details.
• Further, you will also be required to attach certain documents which you have to make sure are valid and not illegally procured, as providing invalid documentation may lead to cancellation of candidature.
• After all the required documents have been attached, students have to go through the entire application form once again and make changes if required.
• If you are satisfied with the details entered, then you have to proceed with filling the application fees. The fees is to be paid via online mode only using the provided payment gateway network.
• After paying the application fees, you should not forget to take a screenshot of the sea received as well as save a copy of the application form acknowledgement.

Also Read: Boost Your Career with an MBA in Finance

MFC Admission Process 2024

Across the nation, MFC colleges offer admission to the 2-year postgraduate programme based on several selection processes. The most common admission processes for Master of Finance and Control courses include entrance-based admissions and merit-based admissions. Check out the admission processes and guidelines that are commonly opted by respective colleges.

Entrance-Based Admissions

Entrance-based admissions are popular among universities and colleges as it challenges and graphs out the true potential of a candidate. Here are the steps for entrance-based admissions to MFC courses in India.

• After successful admissions to the courses, the candidates will be asked to download the respective Admit Card or the Hall Ticket for the specified entrance test and appear for the entrance test.

• After the results have been released by the educational institution, respective merit lists will be released by the institution. The merit lists will contain the name of the candidates according to their merit, which will be based on the scores and ranks they have secured in the entrance test.

• Candidates will then be called for further selection processes, which may include, a personal interview and/or group discussion.

• Based on the overall performance of the candidates in the entrance test and the personal interview and/or group discussion, prospective candidates will be offered admissions by the university.

Merit-Based Admissions

Another commonly opted route by the colleges and institutions in the merit-based admissions to MFC courses. Under merit-based admission, the academic qualifications of the candidate along with their performance in other selection parameters will determine their admission to the course. Here are the steps that aspirants will have to take in order to pursue an MFC course.

• After applying to the respective colleges, candidates will be called to participate in the specified selection processes which may include a personal interview and/or group discussion.

• Candidates will be shortlisted for the PG programmes baked on their past academic record and the performance in the personal interview and/or group discussion.

MFC Counselling-Based Admissions 2024

Among both entrance-based and merit-based admissions, universities and colleges have been witnessed to carry out counselling session, wherein the applicants are provided with a series of colleges and courses that are applicable to them. Here are the steps that the candidates will be asked to participate in counselling-based admissions for MFC courses in India.

• Under entrance-based admissions, universities will call the shortlisted candidates depending on the scores they secured in the entrance exam.

• Under merit-based admissions, candidates will be called for the counselling sessions based on the ranks they secured in the merit lists.

• Depending on the ranks of the candidates, the university will ask the prospective students to select the course and college of their choice.

• Students will be allotted seats in their choice of course and college based on their ranks in the merit lists and the vacancy of seats in the respective college and course.

Note: There are certain colleges and institutes that also offer direct admissions to the course as well.

MFC 2024 Specializations

The MFC (Master of Finance and Control) course offers a wide variety of specializations in various concepts regarding finance and risk management. Check out the MFC specializations offered to candidates below:

MFC 2024 Syllabus

The MFC course syllabus is prepared for students according to its course curriculum regarding finance and the statistical concept of risk management. The MFC (Master of Finance and Control) syllabus is divided into 4 semesters for the 2-year course duration. Check out the semester-wise MFC syllabus from the table below.

Career Opportunities After MFC

MFC (Masters of Finance and Control) is a career-oriented course and after completing it candidates will be able to get plenty of job opportunities. The jobs and careers in this field are rising and after pursuing the MFC course, they can earn a handsome salary in their respective fields. After completing the MFC degree successfully, take a look at the career opportunities below: 

Also Read: Short Term Courses in Finance in India

Top MFC Colleges in India

If you are interested in pursuing a Master of Finance and Control course in India, then check out this list of top MFC colleges in India.

Name of Course	Annual Course Fee
Regional College of Management Bhubaneswar	₹50,000
Department of Financial Studies, Delhi University	-
Mahendra Institute of Management and Technical Studies Khuda	-
Sai Institute of Paramedical and Allied Sciences Dehradun	₹ 40,000
Institute of Media Sciences Dehradun	₹80,000
Institute of Professional Studies and Research Cuttack	-
Thiagarajar College Madurai	-
Banki College Cuttack	-
Arya School of Management and Information Technology Bhubaneswar	-
Al-Falah University Faridabad	₹ 45,000

If you aspire to pursue Master of Finance and Control (MFC) course in India, then fill out the Common Application Form, available on our website. Our counsellors can guide you through the admission process in the college and course of your choice.

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