About Master Of Financial Management (MFM) Course & MFM full form.
Master of financial management, also recognized as the MFM course, is a postgraduate option that teaches scholars all about financial and accounting administration. This option is designed to impart understanding on diverse subjects like financial forecasting, corporate accounting, auditing, market examination, corporate analysis, and economic analysis. The MFM option also needs you to have good understanding of computers and the newest applications and software, as MFM graduates essential to use many book-keeping and finance software and logical tools.
The MFM course is one of the greatest sought after options as it can set you on the course for a effective career. Finance and accounting are two parts of a business that have a lot of position, and the more a business grows, the additional these two features increase in size and importance. And with the combination of technology, finance and accounting are only getting improved. More and more management scholars are finding a good profession in financial management.
Masters of Financial Management is a career-oriented platform and is intended in such a manner that it delivers scholars with the modern as well as historical knowledge of financial and accounting administration. It also helps scholars with no focused knowledge and skill of financial management to advance a deep thoughtful of accounting and finance.
It is a two-year program and is best suitable for applicants who have continuously been concerned in finance, risk management, assignment planning and control, economic study, marketing analysis, audit, corporate development etc. Along with the attention in the above subjects, applicants must have good logical skills and latest understanding of computer applications.
MFA Course High spot: MFM full form.
|Course Name||Master of Financial Management|
|Course Type||Degree Programme|
|Course Duration||2 Years|
|Least Qualification Required||Graduation|
|Age||No prescribed age limit|
|Selection Procedure||Direct Admission/ Through Entrance Exam|
|Course Fee||INR6,000 to INR 2.12 lakh per annum|
|Applicable Field||Banking, Research Companies, Financial Companies, etc.|
|Job Types||Insurance Executive, Credit & Cash Manager, Chief Financial General, Finance Controller, Consultant, Treasurer, Risk Executive, Finance Officer, etc|
|Regular Salary||INR 7 LPA – INR 35 LPA|
Master of Financial Management (MFM) Eligibility Criteria
To get admittance in MFA course, one must come across the following suitability criteria.
- Least Qualification Required: Bachelor’s degree
- Least Marks Required: 50% for the general grouping and 45% for the reserved grouping.
- Subjects Obligation: Applicants from commerce or finance background are chosen
- Work Understanding: Numerous universities require applicants to hold at least two years of work knowledge in Finance field.
MFM Admission Procedure
- Admittance to the MFM programme in India can differ depending upon an institute’s decision.
- Numerous college admit applicants strictly on merit basis.
- Certain college conducts their own entry exams for admittances.
- In any case, scholars’ performance in the succeeding examination is taken into account at the time of final assortment.
Master of Financial Management (MFM) Syllabus
|Advanced Corporate Accounting||Indian Financial System||Banking & Insurance Management|
|Applied Financial Economics||Advanced Management for Accounting||Corporate & Securities Law|
|Management of Financial Services||Research Methods & Data Analysis||Business Information System|
|Project Appraisal & Financing||Treasury Management||Debt Markets & Mutual Funds|
|Security Analysis & Portfolio Management||Debt Markets & Mutual Funds||Direct Taxes|
|Management of Public Finance||Global Business Finance||Corporate Governance & Business Ethics|
Master of Financial Management (MFM) Career Choices and Job Prospects
Master of Financial Management option trains applicants to excel in a business career in any part of the realm. MFM programme promises that applicants have the advanced skill set obligatory for financial management, making them job-ready both for the private and public segment.
With enough knowledge and professional understanding, applicants can also become financial specialists. Financial experts during their occupation make financial plans for entities and plan the attainment of other companies. Itemized below are some prevalent job roles and engagement areas for MFM postgraduates.
|Employment Areas||Education and Research InstitutesGovernment AgenciesFirmsFinancial Institutions|
|Job Profiles||Credit & Cash ManagerFinancial ExpertRisk ManagerFinance OfficerInsurance ManagerFinance ControllerConsultant Chief Financial OfficerTreasurer|
Salary After MFM
Depending upon the occupation profile and work knowledge, MFM applicants can earn the following packages.
|CFO (Chief Financial Officer)||INR 7.8 LPA – INR 80 LPA|
|Insurance Manager||INR 4.4 LPA – INR 11.9 LPA|
|Finance Officer||INR 1.6 LPA – INR 7 LPA|
|Finance Expert||INR 2.2 LPA – INR 5 LPA|
Confidently you have understood that the MFM option is one of the best advanced courses you can do to have a countless chance at outstanding career. However, if you still need certain more convincing.
At this point are a few benefits of undertaking an MFM course:-
1. Finance Industry –
Through this degree, you get a accidental to be a part of the country’s ever-growing finance industry. The possibility for financial managing in India is great, and if you develop a part of it soon, you will get to be a part of the finest growth phases.
2. Course On Trend –
Since the current trends in education, the MFM option is on trend with the whole thing. The subjects, expertise, industrial exposure, and more confirm the MFM course scholars are as capable as any other postgraduate scholars.
3. Technology Backed –
In the future, commerce and professions that incorporate technology are the solitary ones that are going to endure. The financial management commerce is using technology to their benefit and will continue to do in the forthcoming.
4. High Salary & Benefits –
MFM course graduates stand the accidental of making some of the uppermost salaries in the specialized world. If they select the right industry and the correct company to work in, they can twitch with an outstanding salary and benefits package.
5. Multiple Career Choices –
Partaking many career choices is a extravagance not many postgraduate scholars get. But the case is dissimilar for MFM course scholars. They have many jobs to choose from and follow a career they like.
Thats it in MFM full form. also check B v/s D pharmacy