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<p>MFM 2022: Full Form, Admission, Syllabus, Top Colleges, Scope, Jobs</p>

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MFM is a 2 year PG course designed for applicants interested in finance, risk management, project planning and control, economic analysis, marketing analysis, audit, corporate planning, and other related fields. 

Candidates must have an UG Degree from a recognised university with a background in commerce or science for admission in MFM. Admission is available through direct admissions, merit-based admissions, and entrance examination for the MFM course.

MITWPU, Banasthali Vidyapith, and Amity Global Business School are among the best universities in India that provide MFM. The annual fee varies between INR 10,000 to INR 2,50,000 lakh.

Education and research institutes, financial institutions, corporations, and government organizations are places where master of financial management graduates might find work. Chief financial officer, consultant, credit & cash manager, finance controller, finance officer, insurance manager, risk manager, and treasurer are examples of masters of financial management jobs. The average salary ranges from INR 7 lakhs to INR 36 Lakhs per annum. Top recruiting companies are TATA group, WIPRO, Reliance Group of Companies, ICICI, and many more.

MFM Course Highlights

Course Type Post Graduate
Course Duration 2 and 3 years both
Course Exam Type Semester wise
Course Eligibility Graduation
Course Admission Process Entrance exam/ Merit-based
Course Fee INR 10,000 to INR 15,00,000 lakh 
Course Average Salary INR 7,00,000 to INR 36,00,000 per annum
Top Recruiting Companies TATA group, WIPRO, Reliance Group of Companies, ICICI
Job Position Chief financial officer, consultant, credit & cash manager, finance controller, finance officer, insurance manager, risk manager

About the Course

  • The MFM course will teach about financial planning, corporate accounting, auditing, market analysis, business analysis, and economic analysis, among other topics. 
  • Candidates must have good analytical skills, current knowledge of computer applications, and interest in the following disciplines. 
  • The Indian Financial System, Advanced Corporate Accounting, Quantitative Techniques for Management, Contemporary Management, Banking and Insurance Management, and other topics are covered in the MFM course. 
  • This course also teaches candidates about corporate and securities regulations, company information systems, corporate restructuring, and research methods and data analysis. 
  • The second half of the course focuses on debt markets, treasury management, depository services, mutual funds, taxes, and other topics.

MFM Admission Process

Candidates should carefully read and follow the guidelines in the admission notification. Candidates must additionally participate in a CET exam, such as the CAT or another CET exam, in order to be considered for admission to the college of their choosing. To become more efficient and trustworthy in gaining admission to the programme, candidates can check their respective college's exam patterns and pertinent questions sections.

MFM Eligibility

  • Candidates must hold a Bachelor's Degree (10+2+3) in any discipline from a recognized university or any other degree recognized equivalent to it, with at least 50% (for some institutes) in aggregate (40 percent for candidates belonging to the Scheduled Caste and Scheduled tribe categories).
  • Graduates with a cumulative score of 50% in all subjects in the qualifying university examinations are eligible to apply. Candidates having relevant work experience in finance for at least two years will receive a 5% credit on the admission exam, while it is not required.
  • Passed the Institute of Chartered Accountants, Cost and Works Accountants, or Company Secretaries' final exams.

MFM Entrance Exams

Exam Name Registration Date Exam Date
CAT August 2022 November 2022
MAT January 2022 February 2022
XAT August 2022 January 2023
SNAP August 2022 December 2022

MFM Syllabus

The MFM course syllabus is one of the most popular, as it may put you on the path to a successful profession. Finance and accounting are two very important components of a business, and as a company grows, these two aspects grow in size and importance. Finance and accounting are only growing better as technology is incorporated. Financial management is becoming increasingly popular among management students.

Year I Year II
Advanced Management for Accounting Direct Taxes
Corporate and Security Law Debt Markets and Mutual Funds
Applied Financial Economics Security Analysis and Portfolio Management
Advanced Corporate accounting Corporate Governance and Business Ethics
Banking and Insurance Management Global Business Finance
Indian Financial System Management of Public Finance
Business Information System Project Appraisal and Financing
Management of Financial Service Treasury Management
Research Methods and Data Analysis Debt Markets and Mutual Funds

Top Colleges in India

College Name Average Fees (INR)
MET Mumbai 65,000
JBIMS Mumbai 51,000
KJ SOMAIYA Mumbai 83,000
SIMSREE Mumbai 51,000
BHU Varanasi 31,000
IMCOST Mumbai 55,000
SGPC’s GNIMS Mumbai 52,000
Times Pro Chandigarh 1,07,000
GCMAT Bengaluru 15,000
ADMI Mumbai 34,000
TIMSR Mumbai 50,000 – 1,00,000
AIMS Mumbai 1,00,000
PTVAIM Mumbai 1,43,000
We School Mumbai 56,700
IESMCRC Mumbai 46,000

MFM Jobs

Students get a lot of bang for their buck because Financial Management is one of the highest-paying industries. Qualified individuals have a variety of work options, including Finance Manager, Advisor, Service Analyst, and many others. Due to the broad scope of Financial Management, they also can work in India or abroad. Professionals can also work in the educational sector, government departments, or as lecturers or professors. 

Job Profile Average Annual Salary (INR)
Finance Manager 9 – 20 Lakhs 
Credit Risk Analyst 6 – 8 Lakhs
Financial Service Analyst 4 – 6 Lakhs
Management Trainee 5 – 7 Lakhs
Financial Assistant 3 – 5 Lakhs
Accountants 5 – 7 Lakhs 
Account Manager 3 – 14 Lakhs
Business Analyst 3 – 13 Lakhs

MFM FAQs

Ques: How is the financial management course curriculum designed?

Ans: The Financial Management course curriculum is designed to provide every detail of the topic through various theoretical and practical elements of subjects. The courses cover a wide range of issues related to financial matters. The main goal is to provide students with the necessary knowledge, skills, and abilities so that they can troubleshoot financial problems and manage business finances.

Ques: What are the different subjects that are taught in MFM?

Ans: Risk management, portfolio analysis, capital markets, macroeconomics, microeconomics, taxation, and advanced marketing are all topics covered by Financial Management. The course curriculum comprises a variety of projects, practicals, presentations, quizzes, and theoretical knowledge of subjects. An internship is also included in the course curriculum because it gives practical experience and prepares students for employment.

Ques: Mention the skill set required to pursue MFM?

Ans: The skillset required to pursue Masters in Financial Management are: 

  • Communication and Presentation Abilities — Students must have excellent presentation and negotiation skills to succeed in this area.
  • Time Management — Because there are deadlines, time management is critical. In this sector, one must be prompt, dedicated, and hardworking.
  • Analytical and technical skills are required, including problem-solving, information technology, data interpretation, computer application, and math skills.
  • Students should have high general knowledge, be up to speed on the latest business news/trends, and have sound logical reasoning to function effectively both in and outside the classroom.
  • Leadership Skills - In financial management, leadership skills are pretty essential. To succeed in the financial management field, the students must have the qualities to lead people, raise morale, motivate, and make judgments that affect things more significantly than themselves.

Ques: What could be the different job roles after completing MFM?

Ans: Different job roles after completing MFM are: Finance Manager, Financial Service Analyst, Credit Risk Analyst, Management Trainee, Financial Assistant, Accountants, and Account Manager.

Ques: Name some top recruiters in India after MFM?

Ans: Top Indian Recruiters in Financial Management Field are:

  • ITC
  • LIC
  • Oracle
  • Google
  • Amazon
  • IDBI Bank
  • ICICI Bank
  • HDFC Bank
  • Canara Bank

Ques: What does Financial Management entail in India?

Ans: Financial management is one of India's most well-paid and stable professions. Companies worldwide use qualified individuals to oversee their financial operations, assist them in resolving challenges, finding solutions, and assisting in the expansion of their businesses. Liberalization, globalization, and privatization have resulted in a massive increase in this field's opportunities. Today, many Indian enterprises are forming joint ventures in other countries, and more multinational corporations (MNCs) flock to India. As a result, students pursuing Financial Management courses have excellent employment prospects in India and overseas.

Ques: What are different entrance examinations for MHM?

Ans: Different entrance examinations to get admission in MHM are:

  • The IIMs administer the CAT (Common Admission Test) every year across India. This entrance test is used to admit students to various management degree and diploma programs.
  • The AIMA administers the MAT (Management Aptitude Test) four times a year. It takes place throughout India.
  • The XLRI administers the XAT, or Xavier Aptitude Test, to students seeking admission to several management schools. It is a nationwide entrance examination.
  • The Symbiosis International University administers the Symbiosis National Aptitude Test (SNAP) to candidates seeking admission to various management degrees. It is a nationwide entrance examination.

Ques: What is the eligibility for MHM?

Ans: The eligibility is given below:

  • Must pass a recognized board or university's 10 + 2 education and Bachelor's degree or any other similar exam.
  • They must have received a minimum of 50% in aggregate during their Bachelor's degree.
  • To be eligible for admission to the courses, students must pass the appropriate entrance exam.

Ques: What is the average fee of MHM?

Ans: The cost of the MFM course is one of the most important aspects to consider. This course costs slightly more than comparable management courses. However, the financial information you obtain and the employment options that open up are well worth the expense. The typical MFM course fee ranges from INR 10 lakhs to INR 15 lakhs.

Ques: What is the duration of the MFM course?

Ans: The length of the MFM course varies depending on the college or university that offers it. One course is two years long, while the other is three years long. Students like the three-year course because it is more comprehensive. Recruiting firms also favor MFM course graduates who have completed the three-year program.

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