Master of Financial Management is also known as M.F.M, its abbreviated name. It is a post graduation level degree course in the field of Finance and management. It teaches about all the areas related to finance, accounting and managerial applications. Candidates also learn about different areas of finance like project planning, management services, corporate planning, management audit, marketing analysis, internal audit, economic analysis, etc through this course.
This course is not available through correspondence but candidates who are already working can pursue this course in part-time mode.
Candidates who are already working and want to improve their skills and knowledge in the practical and theoretical aspects of financial management are suitable for this course.
Admissions can be availed direct, on a merit basis or by appearing in the entrance examination. It depends on the institute you have selected for your admission. In all the cases, submission of duly filled application form is mandatory.
Candidates who have completed their bachelor's degree or have passed 10+2+3 pattern course in any stream from a recognized institute and have secured at least 50% marks as aggregate are eligible for this course. There could be some relaxation for reserved caste candidates.
The age restriction is also an important factor and candidates need to check the same before submitting their applications.
Candidates who have passed final exams of Chartered accountants, coast and work accountants or company secretaries are also eligible for this course.
Just like any other Master’s course, it also has 2 years duration in regular mode.
Further Study options
Candidates can pursue a related course to have better job options. They can go for M.B.A. in Finance, Master of Financial Engineering, and Master in Financial services management, etc.
Some related certification and Diploma level course are also available for these candidates.
The course has included topics like Indian Financial System, Advanced Corporate Accounting, Quantitative Techniques for Management, Contemporary Management, Banking and Insurance management, etc.
Candidates also learn about corporate and securities laws, business information system, corporate restructuring, and research methods and data analysis through this course.
The latter part of the course become more specific and teaches about debt market, treasury management, depository services, mutual funds, taxes, etc.
The suitable job types for these candidates are the risk manager, consultant, insurance manager, chief financial manager, credit and cash manager, etc.
Master in Financial Management (M.F.M) Admissions for 2018 - 2019 Academic Year
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