Master of Finance and Control: MFC Course details


Master of Finance & Control (MFC) is a degree which is offered to students who have completed 2 years of postgraduate course. This course mainly covers subjects like finance and accounting. The course also has a super-specialization which the students can take in the last semester.

Master of Finance & Control (MFC) degree course includes the training in the very basic areas. This will equip the students with the much needed skills in core areas like:-

  • Corporate Laws
  • Decision-Making and Control
  • Derivatives & Risk Management
  • Equity Research
  • Financial Accounting
  • Financial Management
  • Financial Planning
  • Financial Services
  • Insurance Management
  • International Accounting
  • International Finance
  • Investment Management
  • Managerial Economics
  • Mutual Funds Management
  • Organizational Behavior
  • Project Appraisal
  • Quantitative Techniques
  • Real Estate Investment Management
  • Treasury Management, etc.

In some of the universities the few of the latest topics included are:-

  • Investment Philosophy
  • Investor Psychology
  • Mathematics Of Financial Markets
  • Technology Valuation

The MFC course offer the students an idea on conceptual and analytical know how for financial decision making.

Advantages or Benefits of Master of Finance and Control

The MFC course provides proper grooming of the students and prepares them for challenging careers in various fields including:-

  • Capital and Money markets
  • Corporate Finance
  • Credit Rating
  • Forex Advisory Services etc
  • International Finance
  • Investment Advisory Services
  • Merchant Banking
  • Portfolio Management
  • Venture Capital etc.

Eligibility Criteria for MFC

The very basic eligibility requirement for taking up a Master of Finance & Control (MFC) course is a graduation degree. Students who have finished their degree in any of the discipline can join the course. Few of the top universities demand a score of minimum of 45 – 50 % of marks in graduation. Some even carry out an entrance exam before selecting candidates to the course.  These institutions will select the candidates purely on the basis of their merit score.

Admission Procedure for MFC

The candidates who are wishing to join the Master of Finance & Control (MFC) course will have to first apply for the course after their graduation. Later an entrance exam will be held in which they must score high marks. There will also be Group Discussion and Personal Interview. If the candidates get through all these process then they will be offered a seat for the Master of Finance & Control (MFC) course.

Top MFC Colleges in India

  • Aligarh Muslim University, Aligarh (Uttar Pradesh)
  • B N Mandal University Madhepura, Madhipura
  • Banaras Hindu University, Varanasi (Uttar Pradesh)
  • Bundelkhand University, Jhansi
  • C.M.S. College Of Science & Commerce, Coimbatore
  • Department of Financial Studies of Delhi University
  • Himachal Pradesh University, Shimla (Himachal Pradesh)
  • Kurukshetra University, Kurukshetra (Haryana)
  • Lakshmi Narayanan Visalakshi College Of Arts And Science, Coimbatore
  • Madurai Kamraj University College, Madurai
  • Maharshi Dayanand Saraswati University, Rohtak (Haryana)
  • Mahathma Gandhi University , Nalgonda
  • Osmania University, Hyderabad
  • Punjabi University, Patiala (Punjab)
  • Rev. Jacob Memorial Christian College, Dindigul
  • Sambalpur University, Burla
  • Thiagarajar College, Madurai
  • University Of Delhi, Delhi
  • University of Lucknow, Lucknow (Uttar Pradesh)
  • Utkal University, Bhubaneswar
  • V.L.B. Janaki Ammal College Of Arts & Science, Coimbatore
  • V.P. Muthaiah Pillai Meenakshi Ammal College For Women, Virudunagar
  • Veer Bahadur Singh Purvanchal University, Jaunpur
  • Vellalar College For Women, Erode

MFC course curriculum


  • Business Environment and Policy
  • Business Organization and Management
  • Cost and Management Accounting
  • Financial Management
  • Management and Organizational Behavior
  • Marketing Management


  • Business Accounting
  • Financial Institution and Markets
  • Financial Services
  • IT and E-Commerce (T+P)
  • Management Control & Information System
  • Security Analysis and Asset Management

Third Area

  • Consumer Protection
  • Elective Paper
  • Marketing of Financial Services
  • Project Management
  • Quantitative Techniques for Business Decisions


Elective Paper    

  • International Finance
  • Tax Planning and Audit Control
  • Taxation

MFC Course Evaluation

The Master of Finance & Control (MFC) course evaluation is mostly done by carrying out a semester examination. There will also be internal assessment, presentation, project work, internships, Seminars, Viva Voce etc in the evaluation method.

MFC Text Books

  • “Accounting Theory” by Lele & Jawaharlal, Himalya Publishing Company, New Delhi, 2005.
  • “Management Accounting” by Sharma RK & Shashi K. Gupta, Kalyani Publishers, New Delhi, 2003.
  • A Guide to Indian Capital Market, by Agarwal, New Delhi
  • An Introduction to Financial Management, by Solemen Ezra & Pringle John. J, Prentice Hall of India (P) Ltd. New Delhi
  • Economic Environment of Business by S.K.Misra & V.K.Puri, Himalaya Publishing House
  • Essentials of Management, by DubrinThomson
  • Financial Management, by Van Horn, James C, Prentice Hall of India (P) Ltd. New Delhi
  • Financial Markets and Institutions, by Gursamy S, Thomson.(2004)
  • Fundamental of Financial Management, 10e Thomson, 2006.
  • Global Economy and Business Environment, by Eugene Brigham & Erhardt, Himalaya Publishing House
  • Globalization -  liberalization and privatization of public enterprises , by Prof. Laxmi Narain, Sultan Chand & Co.
  • Indian Capital Markets, by Avadhani, Himalaya Publishing House
  • Indian Economy, by I S.K.Misra &V.K.Puri, Himalaya Publishing House
  • Indian Financial System, by Machiraju, H.R, Vikas Publishing
  • Indian Financial System, by Vasant Desai, Himalaya Publishing House
  • Introduction to Information Technology, Wiley India
  • Investment Analysis and Portfolio Management, by Reilly, Thomson
  • Management Accounting, by Hansen & Mowen, Thomson, 2007.
  • Management Control Systems, by Anthony and Dearden TMH
  • Managerial Accounting, by Louderback, Thomson, 2005.
  • Marketing Management, by Czinkota
  • Marketing Management, Ramaswamy & Namakumari
  • Marketing Planning  and Strategy, by Jain
  • Organisation Theory and Design, by Thomson
  • Organisational Behaviour, 10e, by Hellriegel, Thomson 2006.
  • Organizational Behavior, by Fred Luthans, Me Graw Hill, New Delhi.
  • Organizational Behavior, by Robins P.Stephen & Judge
  • Principles of Information Systems
  • Principles of Management, by Koontz & O’Donnel, TMH
  • Principles of Marketing, by Philip Kotler, Pearson/PHI 2007
  • Risk Management and Derivatives, by Stulz
  • The Management Process,by Davar R.S Rustam

What to do after MFC?

Master of Finance & Control (MFC) degree will act as a base for excellent career opportunities in diverse sectors. Students who have completed this course will get opportunities to work in different organizations like:-

  • Business and Financial Counseling
  • Capital and Money Markets
  • Commodity Markets
  • Core Banking and Insurance
  • Corporate Finance
  • Corporate Treasuries
  • Credit Rating
  • Equity Research
  • Forex Advisory Services etc.
  • International Finance
  • Investment Advisory Services
  • Investment Banking
  • Merchant Banking
  • Portfolio Management
  • Real Estate
  • Venture Capital
  • Wealth Management

At present there are rapid evolutions and changes happening in the financial sector. This course will help the students to have a career in this field which offer them a lucrative salary.

Job and Career options for MFC

There are plenty of job opportunities available for Master of Finance & Control (MFC) graduates. Some ofA the job profile they can explore includes:-

  • Accountant
  • Auditor
  • Budget Analyst
  • Business Analyst
  • Corporate Analyst
  • Equity Research Analyst
  • Financial Analyst
  • Investment Banker
  • Investments Analyst
  • Market Analyst
  • Marketing Manager
  • Money Manager
  • Operations Manager
  • Personal Finance Consultant
  • Revenue Agent
  • Risk Analyst
  • Securities Analyst
  • Tax Advisor
  • Employment Areas:
  • Banking and Financial Institutions
  • Business and Financial Consulting Firms
  • Core Banking and Insurance
  • Corporate and International Finance
  • Corporate Treasuries
  • Credit Rating Agencies
  • Depository Services and Stock Broking
  • Economic Consulting Jobs
  • Equity Research
  • Finance, Commerce and the Banking Sectors
  • Financial Consultancy and Advisory Services
  • Import / Export Companies
  • Indian Economic Services
  • Insurance Industry
  • Insurance Management
  • Investment Analysis
  • Investment Banking
  • Leasing
  • Merchant Banking
  • Money and Capital Markets including Stock Exchanges
  • Mutual Funds
  • Portfolio Management
  • Project Appraisal
  • Real Estate and Commodity Markets
  • Research Associates with Economic Consulting Firms
  • Risk Management
  • Treasury Operations and Management

Various Corporate Sectors in their Marketing and Finance Departments

  • Venture Capital
  • Wealth Management

Remuneration after MFC

Students who have completed Master of Finance & Control (MFC) course have huge demand in India as well as abroad. During the early stages of their joining, students cannot expect high salaries. But with reasonable practice and experience in this field, the candidates will become capable to have an earning from above Rs.15000 – Rs. 50000 a month.

It is also possible for Master of Finance & Control (MFC) students to get jobs abroad. Furthermore, the chances for them to draw good pay package than Indian counterpart are also pretty high.



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37 Responses to “Master of Finance and Control: MFC Course details”

  1. 37

    date of entrance exam of mfc?

  2. 36
    Dins Johny:

    I am bcom 2nd year student. I want to study mfc. I want all information about it.I am studing on kerala then how can i study its entrance exam.which fees are requred to complete mfc

  3. 35

    Sir,pls tell the job oppertunities and salaries of mca

  4. 34

    What is the full cost of this course and I have done my graduation( with 50% can i do this course?

  5. 33
    Md Razi:

    what is the full fee of this course…
    plz tell me..

  6. 32


  7. 31
    abinas muduli:

    Sir i hv 3 questions, which univercity is the best for this course n which univercity gives sure placement n how many seats are required for dis course?

  8. 30
    abinas muduli:

    Sir i hv a question, which univercity is the best for this course n which univercity gives sure placement n how many seats are required for dis course?

  9. 29

    sir, i have a simple question what is the difference between acs and mfc?

  10. 28
    umer naik:

    sir i have a simple question what is the difference between mba in finanace and mfc and also tell me fee structure of this course

  11. 27
    karishma moharana:

    sir,berhampur university is good for studying mfc or not? Is this university providing good campus placement?

  12. 26

    Sir, i am completed
    Next 1.which course is better to do, MFA or MFC ???
    2.What is the diffrence between MFA & MFC???
    3.Which top institute offers MFA in Bangalure university??

  13. 25
    Devika Dhingra:

    Which entrance exam do I have to clear to take admission in MFC?

  14. 24
    yudhisthira sahoo:

    sir, plz tell me what is difference between mba in finance and mfc . and now a days what is help to my future. what is the cource fee of mfc.

  15. 23
    Jyotshnamayee sahoo:

    Sir,plz tell me the course fees of mfc…

  16. 22
    shweta singla:

    what is the difference between mba in finance and mfc

  17. 21
    satish kumar:

    How much spent money in the mfc courses ?

  18. 20

    mfc in any chennai college

  19. 19

    1. what is the difference between mfc and mba finance ?which is the better course?
    2.I want to know top 1o mfc colleges in india as well as odisha with eligibility & course fee ?
    3.sir,I want to know about the course import & export mgt and
    international business with career?
    4.which institute offers stock exchange course ?

  20. 18
    sangam keshari swain:

    1. what is the difference between mfc and mba finance ?which is the better course?
    2.I want to know top 1o mfc colleges in india as well as odisha with eligibility & course fee ?
    3.sir,I want to know about the course import & export mgt and
    international business with career?
    4.which institute offers stock exchange course ?

  21. 17

    what is the differance between the mfc and mfa

  22. 16

    what is the difference between finance and control and master of finance and control?

  23. 15

    is there mfc course in bangalore?

  24. 14

    I would like to know more about the the application periods for 2012 and 2013,the entrance exam,group discussions and interviews which determines one to be allowed to study the programme.
    thank you.

  25. 13
    Safwan Jatu:

    Hi Sir,
    Iam MBA passed student in Finance and know i want to do MFC .
    So plz will u guide me for my career……?

  26. 12
    sourav singh:

    what is the course fee of mfc……..

  27. 11

    I have bcom passed
    i intrested mfc course
    pls in mfc

  28. 10

    Sir, i want to knw abt mfc career. I hve {H} acconting, with mfc {H} Degree from jodhpur university jnvu.its job vacencies, its career etc

  29. 9
    binoy raju:

    what is the difference between finance and control and master of finance and control?

  30. 8

    hi sir me guru after mfc cource complet than govt job apportunity

  31. 7

    Hi sir, my self shivalal i has join MFC course in gulbarga university, i confused for this course is good for my future life? so please solve my confuse.

  32. 6

    hi gud morning sir m f c cource complet after govt job

  33. 5

    Hello Sir
    sir do i need to crack CAT to join MFC ??

  34. 4
    shakti ranjan paikray:

    dear sir
    i have a simple question.can we get job in government sectors? if we are able to work in government sectors then where we can?

  35. 3

    my self ajaya kumar sahoo, graduation and i have addmited in mfc course.sir want to know about future carier with mc cource.its job opertunites and its salary pakage.pls……..

  36. 2

    please educate me all about mfa (master in finance and accounting) university offering this course ,study profile,job opportunity etc. thanks

  37. 1

    I subscribed your mail updates & i received mail of Master of Finance and Control. i want to know that which entrance exam i have to qualify to get seat in this course. please inform me.

    thanks for your concern