Online MFC Course Details
Online Master of Finance and Control is the expansion of Online MFC Course. Online MFC is a professional Post Graduate programme. Online MFC specializes in Finance stream. The course duration of Online MFC Course is two years. The course though it already specializes in Finance and accounting, it provides further specialization in the final year of study. Basically, Online MFC Course helps a candidate to gather knowledge on conceptual and analytical skills. Candidates will eventually build a strong base on the taxation and financial Laws.
This course is constantly compared with MBA finance. But both the courses are basically different. Online MFC is more of a Finance oriented course, whereas MBA Finance is Management oriented. Though the Job opportunities after both the courses look similar.
This course covers a broad variety of subjects in finance and management and gives students in-depth knowledge of financial planning, risk management, decision-making, etc. It also aims to make the financial and regulatory world familiar to students. The Online MFC degree course helps to cultivate and improve the intellectual and analytical abilities of candidates that are an integral part of risk management and decision – making.
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Eligibility Criteria
- Age Limit: Generally, there is no set age limit to pursue MFS Course in India. A student can join the course at any age. It is safer to check with the Individual Institution for any age restrictions.
- Educational Qualification: A candidate should have a scored a minimum of 50% marks aggregate (45% in case of reserved category students) in under graduation level. Students from any branch can pursue an Online MFC Course. The degree should be from an institution affiliated to any UGC recognized University. Students from commerce and management backgrounds, prefer Online MFC Course.
- Entrance Tests: The Department of Financial /studies, University of Delhi conducts Online MFC Entrance exam. The admissions for Online MFC Course is done based on the marks scored in the entrance exam. Group Discussions and Personal Interviews are also conducted after the entrance exam. University of Kashmir and Gulbarga University also conducts entrance tests for Online MFC Course. Other Institutions provide admissions through the under graduation Marks scored by the candidate.
Fee Structure
- The fee structure of an Online MFC Course is completely dependent on the Institution.
- Online MFC fee structure is highly variable, the fees may range between 5000 per semester to 40, 000 per semester on an average.
- The Individual Institution fixes the fee structure based on the ranking of the college, Affiliations of the college, Accreditations of the college, Past Placement Records, Locality of the Institution and so on.
- It is mandatory to check the fee structure with the Institution before the admission process.
Syllabus of Online MFC Course
- The syllabus for the Online MFC Course vary with the university and also Institutions, The following are the common Papers under the syllabus. The first year of the program, along with theoretical and practical knowledge of financial management and other related topics, introduces students to the principles and concepts of general management. The final year of the course, on the other hand, is devoted to specialized programs and specialization courses with a research project relating to various areas of financial management. Applicants who are able to follow the course must have a detailed understanding of taxes and other financial rules.
- Business Environment
- Organizational Behaviour
- Corporate Finance
- Managerial Accounting
- Managerial Accounting
- Computer Applications
- Finance Management
- The financial system in India
- Managerial Economics
- Project Management and Entrepreneurship
- Securities Market Operations
- Fund Management in Banking and Insurance sector
- Operations Research
- Financial Decision Making
- Business Policy and Strategic Financial Management
- E-Commerce
- Corporate Tax Planning and Management
- International Financial Management
- Security Analysis and Portfolio Management
- Working Capital Management and also
- Financial Services
Scope and Career Prospects after Online MFC
Generally, There is a wide opportunity for Online MFC graduates in India. They may compete with MBA Finance candidates for jobs since the work and job roles are same. For M.F.C postgraduates, some of the common employment areas are:
Banking
investment Banking
Venture Capital
Financial Commercial Banking
Treasury Management
Consulting
Equity & Bond Research
Risk Management
Mutual Fund Management
Tax Advisor
Revenue Agent
Investment Analyst
Securities Analyst
Investment Banker
Similarly, In India, an MFA graduate will be able to follow highly lucrative career paths and establish a secure and desirable career for himself. As per patterns, MFA graduates can earn between 4,00,000 – 8,00,000, initially, anywhere. The annual pay of an MFA graduate can vary based on different factors, such as the candidate’s prior work experience, academic qualifications, field of employment and job profile. An MFA graduate can see themselves earning anywhere from 12,00,000 – 15,00,000 per year, acquiring ample experience and skills through training and years in the professional world.
