Aspirants who are interested to build up a long-term career in finance can select either M.Com in Accounts and Finance or MBA in Finance. Those who are looking forward to work in finance firms can opt for MBA in Finance. The course curriculum is structured in such a way as to impart leadership qualities and business skills as well. M.Com in Accounts and Finance is mainly opted by candidates who want to work in core accounting and financial operations. It is difficult to distinguish which course is better as both of them have their own pros and cons.

Significance of M.Com in Accounts and Finance

M.Com in Accounts and Finance is much suited for candidates who would like to build up a rewarding career in business. The reason behind the same is that commerce and business are strongly bonded. The two-year course helps the candidate to gain in depth knowledge in Business Environment, Tax Planning, E-business, Marketing Research, etc.

The course study acts as a gateway through which the candidate can get in to research oriented courses in accounting or finance (like Ph.D in Commerce, Ph.D in Financial Planning, etc). Another great advantage related to the course is that the aspirant can obtain a rewarding career in various financial institutions as well as in banks. Indian Economic Services, Indian Statistical Services, Customs Department, etc often recruit these skilled professionals. Common job profiles available for M.Com degree holders in Accounts and Finance are

• Accountant
• Accounts Assistant
• Business Analyst
• Cashier/Teller
• Corporate Analyst
• Executive Assistant
• Investment Banker
• Investments Analyst
• Market Analyst
• Money Manager
• Personal Finance Consultant
• Risk Analyst
• Securities Analyst
• Senior Accountant

Significance of MBA in Finance

MBA Finance has gained much popularity nowadays as it equips one to face the aggressive competition of the dynamic business environment. A MBA in Finance helps the candidate to obtain job positions in Department of Commerce, National Productivity Council, etc. Apart from this, various reputed firms in private sector offer placement opportunities to deserving professionals. The candidates can also look forward for doing research in this field. The subjects that the students study during the course like Security Analysis & Portfolio Management, Options Futures and Derivatives, Management of Financial Services help them to make a good career in the field of finance.

Which course is better?

Both the courses have their own positive aspects. Candidates with good aptitude for numbers and interest in economics and financial management can go for MBA in Finance. Those who are interested to work in the role of Senior Accountant or other related job positions can choose M.Com in Accounts and Finance.