Master of Finance and Control [MFC] Course Details

Master of Finance and Control (MFC) is a 2 years course which is offered to students who have completed their graduation or taken its equivalent exam. It is a postgraduate financial service management course, which covers subjects like finance and accounting. The program also has a super-specialization which the candidates can take in the last semester. During the course, students study in financial planning, decision-making and control while familiarising them with the financial and regulatory environment. MFC course covers the lessons in the basic areas of managerial decision-making such as Managerial Economics, Organizational Behaviour, Quantitative Techniques, Corporate Laws, Financial Accounting, etc.

Candidates who have a bachelor degree in finance and control with minimum 50% marks are eligible to pursue this course. Degree must be obtained from a recognised university. There are several specializations available in different areas of finance such as Financial Management, Financial Services, International Finance, International Accounting, Investment Management, Project Appraisal, etc. The duration of the MFC course is two years and its syllabus is divided into four semesters.

Highlights of MFC Course

Degree

Masters

Full Form

Master of Finance and Control

Duration

Duration of Master of Finance and Control [MFC] Course is Two Years.

Age

No age limit

Minimum Percentage

50%

Subjects Required

Subjects corresponding to postgraduate.

Average Fees Incurred

Rs 1 L per annum

Similar Options of Study

M.Com (Finance), MBA (Financial Management), MBA (Finance), B.Com (Accounting & Finance) etc.

Average Salary Offered

Rs 7.94 L per annum

Job Roles

Investment Banking Associate, Senior Finance Manager, Accountant, Senior Financial Analyst, Senior Business Analyst, Financial Analyst, Finance Manager, Operations Manager, Financial Controller etc.

Placement  Opportunities

Ernst and Young, The Northern Trust Company, HCL Technologies Ltd, The Goldman Sachs Group Inc, Mahindra and Mahindra Ltd, Equitas Micro Finance, Genpact, HDFC Bank Pvt Ltd, Nomura etc.

 

 

Why Choose MFC Course?

MFC course is a two years course which deals with financial and money control. After completion of the course, several career opportunities are available in diverse sectors such as investment banking, equity research, wealth management, corporate treasuries, core banking and insurance, real estate and commodity markets, business and financial counseling, corporate finance, international finance, and merchant banking. The MFC Course imparts the requisite knowledge and skills in financial planning, decision-making, control and many more.

There are given some of the Master of Finance and Control job opportunities for the graduates:
  • Equity Research Analyst
  • Financial Analyst
  • Accountant
  • Budget Analyst
  • Corporate Analyst

 

Eligibility Criteria
  • The applicants who are interested in pursuing this program should have completed the Bachelor’s degree.
  • The candidates should have minimum 50%  marks in the Bachelor’s Degree. The aspirants who are applying for the program must study the education pattern of 10+2+3. Candidates must have studied Mathematics subject at 10+2 level.
  • Some colleges conduct their own entrance examination to get admission to their Master of Finance & Control (MFC) degree course.
  • Common Admission Test (CAT) is one of the entrance exams is on the same lines.  
  • The final merit list is ready based on marks secured in the entrance test.

 

Admission Procedure-
  • For applying to admission in a particular course, the applicant has to qualify in the Entrance Exams conducted by the Individual Colleges/Universities in accordance with the admission procedure.
  • The candidate can download the application/admission form from the official website of the University.
  • The applicant should fill the form with required details and submit it to the administration prior to the deadline.
Top Institute

Here we have shown a list of reputed colleges which offers MFC course in India.

NAME OF INSTITUTE

CITY

AVERAGE ANNUAL FEES

Regional College of Management

Bhubaneswar

Rs 1,00,000

Sai Institute of Paramedical & Allied Science

Dehradun

Rs 77,100

Udayanath College of Science and Technology

Cuttack

Rs 29,000

Institute of Media Studies

Bhubaneswar

Rs 80,000

Institute of Professional Studies and Research

Cuttack

Rs 1,90,000

Bundelkhand University

Jhansi

Rs 42,000

Sambalpur University, Institute of Information Technology

Orissa

Rs 60,000

Vellalar College for Women

Erode

Rs 5,042

Thiagarajar College

Madurai

Rs 27,890

University of Kashmir

Srinagar

Rs 17,000

Gulbarga University

Gulbarga

Rs 15,575

University of Delhi

Delhi

Rs 20,000

Master of Finance and Control: Updated Syllabus and Course Description

Here we have described the syllabus of MFC  which is break up semester-wise.

Semester I

Semester II

General Management

Services Marketing

Managerial Economics

Macro-Economic Theory & Policy

Business and Corporate Law

Indian Financial System

Financial Accounting and Reporting

Financial Analysis

Statistical Analysis for Managers

Quantitative Techniques

Information Technology for Managers

Management Information Systems

Financial Management

Investment Analysis

Management Accounting

International Accounting

Semester III

Semester IV

Strategic Management

Project Planning, Appraisal and Control Management

International Finance

Multinational Financial Management

Tax Planning & Management

Equity Research

Financial Services

Project Study

Portfolio Management

Optional Subjects (any Two)

Strategic Financial Management

Insurance Management

Derivatives & Risk Management

Mutual Fund Management

Management of Bank Funds

Real Estate Investment Management

-

Treasury Management

-

Entrepreneurship & Small Business Financial Management

 

Career Options and Job Prospects

Masters of Finance and Control (MFC) 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:

  • Banking
  • Consulting
  • Investment Banking
  • Risk Management
  • Equity & Bond Research
  • Mutual Fund Management
  • Risk Management
  • Real Estate Management
  • Venture Capital
  • Financial Commercial Banking
  • Treasury Management
  • Valuation & Manufacturing
Top Recruiting Companies:
  • Accenture
  • Google
  • Just Dial
  • Ernst & Young
  • ICICI
  • HDFC
  • HSBC
  • Adobe
  • Flipkart
  • Amazon
  • Snapdeal
  • IBM
Job Profile

Accountant-

The work of an accountant is to prepare capital account entries, asset and liabilities, analyzing and compiling account information and examine financial records. They are responsible for maintaining records of an organization and ensure that taxes are paid on time.

Investment Analyst-

The work of an Investment Analyst to provide stockbrokers, stock market traders and fund managers with financial information, recommendations and advice derived from investment data of entire the world.

Budget Manager-

The work of Budget Manager is to develop the company’s budget and oversee organizational spending to make sure that is inside the budget.

Business Analyst

Business Analyst is responsible to design and modify the business system. They always in interaction and communication with the stakeholders of the business venture and subject matter experts to understand their issues, problems and requirements.

Financial Analyst

The job responsibility of Financial Analyst is to analyze and examine financial information through creating, collecting and monitoring financial models for decision support, They also improve financial status through analyzing the results, identifying trends monitoring variances, and recommending actions to management.

Other Job Profile-
  • Investment Banker
  • Revenue Agent
  • Tax Advisor
  • Operations Manager
  • Personal Finance Consultant
  • Securities Analyst
  • Corporate Analyst
Remuneration Salary

The average starting salary of a fresher is between Rs.2 lakh to Rs. 5 lakh. Here we have given a table of suitable job profiles for finance and control degree holders with salary their average package:

S. No

Job Position

Average Annual Salary

1

Accountant

Rs 2 to 3 Lacs

2

Budget Manager

Rs 3 to 4 Lacs

3

Business Analyst

Rs  8 to 9 Lacs

4

Financial Analyst

Rs  3 to 4 Lacs

5

Investment Analyst

Rs  9 to 10 Lacs

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Date: 05 Feb 2019

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