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MCom in Banking and Finance Course Details: Subjects, Syllabus, Fees, Salary, Colleges in India, Admission Process 2025

Shivam Kumar's profile picture

Updated on May 10, 2025

Shivam Kumar

MCom Banking and Finance expanded as a Master of Commerce in Banking and Finance is a specialized postgraduate program approved by the University Grants Commission (UGC). This 2-year specialized program lets the candidates dive deeper into the fields of Banking and Finance. 


For the candidates who wish to pursue MCom Banking and Finance, the eligibility criteria for MCom Banking and Insurance is an Undergraduate Degree preferably BCom from a recognized university. Admission to MCom in Banking and Insurance is generally based on Merit, however, some universities do conduct an entrance examination. 


The fees of MCom Banking and Finance may vary depending on the institution you’re choosing. Colleges like KPB Hinduja College of Commerce or Lady Shri Ram College for Women may offer the course for INR 20,000 – 50,000. On the other hand, colleges like LPU, and Bharati Vidyapeeth Deemed University may offer the same courses for INR 30,000 – 1,00,000. 


Completing your master's in Banking and Finance does broaden your career choice. Candidates can pursue job roles like Chartered Accountant, Corporate Accountant, Business Consultant, Professor, Tax Consultant, Investment Banker, Financial Planner, Wealth Manager, Fund Manager, etc. The average salary you can get after completing MCom in Banking and Finance is INR 2,50,000 – 14,00,000. 


MCom in Banking and Finance Course Highlights

Followed are some of the basic details of the MCom Banking and Finance:

DetailsParticulars
Course Name MCom Banking and Finance
Course Level Postgraduate
Duration 2 Year/4 Semester
Course Type Full Time/Part Time
Admission Process Merit-Based/Entrance Based
Eligibility Criteria Undergraduate Degree (BCom preferred) from a recognized university with a minimum of 50%-55%.
Course Fees (Average) INR 50,000 –  1,00,000
Subjects Strategic Management, Financial Markets, Accounting of Banking Sector, Cost and Management Accounting, Corporate Finance, Debt Market
Top Colleges KPB Hinduja College of Commerce, Lady Shri Ram College for Women, Dr. Shantilal K. Somaiya School of Commerce and Business Studies, Narsee Monjee College of Commerce & Economics (Autonomous), HR College of Commerce & Economics
Job Profile Chartered Accountant, Corporate Accountant, Business Consultant, Professor, Tax Consultant, Investment Banker, Financial Planner, Wealth Manager, Fund Manager
Top Recruiters Deloitte, EY, KPMG, PwC, HDFC, Google, Microsoft, Amazon, Apple
Average Salary in India INR 2,50,000 – 14,00,000

MCom in Banking and Finance Eligibility Criteria

  • The candidate aspiring to pursue MCom Banking and Finance must have completed a bachelor's degree in the relevant field (commerce). 
  • The candidate who has a degree in BCom would be preferred. The candidate should have scored a minimum of 50%-55% in the Undergraduate degree.
  • Some universities offer direct admission, however, for some universities, the candidates have to give an entrance exam to enroll themselves in the course. 


MCom in Banking and Finance Entrance Exams

Candidates who are looking to pursue MCom Banking and Finance from a certain university might have to appear for an entrance exam. Listed below are some of the entrance exams:

Entrance ExamConducting BodyApplication Date (Tentative)Exam Date (Tentative)Application Fees/-
CPGET Osmania University Late May to Early June 2025 July 2025 ₹800 (General), ₹600 (SC/ST/PH)
CUET PG National Testing Agency (NTA) Late March to Early April 2025 13 Mar - 1 Apr 2025 ₹800 (General), ₹600 (SC/ST/PH)
AP PGCET Andhra Pradesh State Council of Higher Education (APSCHE) Late May to Early June 2025 5-7 June 2025 ₹800 (General), ₹600 (SC/ST/PH)
MAH CET State Common Entrance Test Cell, Maharashtra Late February to Late March 2025 28 March 2025 ₹1,000 (General), ₹800 (SC/ST/PH)
URAT PG University of Rajasthan Late May to Early June 2025 June 2025 ₹500 (General), ₹300 (SC/ST/PH)

MCom in Banking and Finance Colleges in India

Listed below are some of MCom Banking and Finance Colleges in India. Let’s have a look at them:

NIRF Ranking (College)CollegesCourse Fees (Approx.)
- KPB Hinduja College of Commerce, Mumbai INR 27,000
14 Madras Christian College, Chennai -
- Dr. Shantilal K. Somaiya School of Commerce and Business Studies, Mumbai INR 1,24,800
- Narsee Monjee College of Commerce & Economics (Autonomous), Mumbai INR 37,510
- HR College of Commerce & Economics, Mumbai INR 6,40,000 - 7,20,000
43 Osmania University, Hyderabad INR 40,600
78 Bharati Vidyapeeth Deemed to be University, Pune -
- Alva’s College, Karnataka INR 18,500

MCom in Banking and Finance Admission Process

Admission to PG Courses may vary depending on the institution type. The Admission to MCom Banking and Finance is similar, to give the candidate an overview, listed below is the admission procedure for the Madras Christian College, Chennai. 

  • For Madras Christian College, candidates can even apply with 5-semester marks. 
  • While applying online candidates do need to upload there semester-wise mark sheet and other relevant documents. 
  • For the PG Applicants - Apply only using Result Published Login, which you’ll find on the official website of Madras Christian College. 


How to Fill the Form?

  • Start by clicking Admissions 2025 - 2026. If you’re a new user click sign up for registration. For already registered users, you can use your Unique Identification Number. 
  • Now, select the degree/programs you want to pursue. Provide all your personal details, academic details, and all the required documents. 
  • Now, after filling in all the details proceed to the payment page and pay the application fees. 
  • After the successful completion of fees, you’ll be given a UIN number by the college which you can use later on to update the details. 
  • Selected candidates will be contacted through their mobile number and E-mail address. 


MCom in Banking and Finance Syllabus

For the students who want an idea of what kind of subjects they’ll be studying, this semester wise syllabus is taken from KPB Hinduja College of Commerce, Mumbai. 

Semester ISemester II
Strategic Management Research Methodology for Business
Economics for Business Decisions Macro Economics Concepts and Applications
Cost and Management Accounting Corporate Finance
Business Ethics and Corporate Social Responsibility E-Commerce
Semester IIISemester IV
Financial Markets Investment Management
Accounting of the Banking Sector Currency Derivatives
Commercial Bank Management Auditing of the Banking Sector
Debt Market International Finance
Treasury Management Financial Services

MCom in Banking and Finance Job Opportunities

Completing MCom in Banking and Finance broadens the job opportunities for the candidate. Listed below are some of the Job Profiles candidates can pursue. The sources are taken from credible platforms like Naukri, Payscale, and Indeed. 

Job ProfilesExperienceRecruitersAverage Salary
Chartered Accountant 0-1 Years Stanley Lifestyles INR 12,00,000 – 15,00,000
Corporate Accountant 0-2 Years Corporate Connections INR 6,00,000 – 7,00,000
Professor 3-7 Years


-
Investment Banker Analyst Fresher Trigger Education Services INR 2,50,000 – 6,00,000
Senior Banker 12-17 Years Deutsche Bank INR 10,00,000 – 12,00,000
Tax Consultant 0-6 Years EY -
Financial Planner 4-7 Years HARMAN INR 15,00,000 – 20,00,000
Fund Manager 1-2 Years Desicrew Solutions INR 2,25,000 – 2,50,000

MCom in Banking and Finance Faqs

What is the scope of MCom Banking and Finance?

An MCom in Banking and Finance broadens the scope of opportunities candidates can get. A masters degree in Banking and finance lets the candidate dive deeper into it. Students can pursue job roles like Chartered Accountant, Corporate Accountant, Business Consultant, Professor, Tax Consultant, Investment Banker, Financial Planner, Wealth Manager, Fund Manager.

What is the duration of the M.Com in Banking and Finance program?

The M.Com in Banking and Finance program typically lasts for two years, divided into four semesters. This structure allows students to cover a comprehensive curriculum that includes both theoretical and practical aspects of banking and finance.

What are the eligibility criteria for enrolling in this program?

Candidates must hold a Bachelor's degree in Commerce (B.Com) or a related field with a minimum aggregate score of 45% to 50%. Some institutions may also require entrance exam scores for admission.

What career opportunities can I expect after completing my M.Com in Banking and Finance?

Graduates can pursue various roles such as Banking Executive, Financial Analyst, Investment Banker, Credit Manager, or Risk Manager. The program prepares students for careers in banks, financial institutions, consultancy firms, and corporate finance departments.

Are there opportunities for further studies after completing this degree?

Yes! Graduates can pursue additional qualifications such as a Ph.D. in Finance or Banking, or professional certifications like Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) to enhance their expertise and career prospects.


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