Job Description

What: A production company wants to invest in new machinery. What is the best option? An airline company is looking to form a strategic alliance. Is this a valid long-term strategy? A beer brewery needs a new information system in order to implement a new strategy. What requirements must be met? Companies have an ongoing need to assess their (financial) situation whenever necessary. Finance and Control graduates know how to develop and manage financial procedures and systems, and they are the financial centre of companies. Globalization of financial markets and trading systems, cross border merger and acquisition activity, cross border flow of funds, data mining, governance issues etc. are all crucial to understand business functions today. The MFC Programme seeks to equip students with conceptual and analytical skills for financial decision making. The students are provided with inputs in the basic areas of managerial decision-making such as Organizational Behaviour, Managerial Economics, Quantitative Techniques, Financial Accounting, Corporate Laws etc., as well as in different areas of finance such as Financial Management, Financial Services, International Finance, International Accounting, Investment Management, Project Appraisal etc. Those who have successfully completed Finance & Control course have vast demand in India and abroad as well. During their initial stage they get a salary package of Rs.15, 000 to Rs. 20,000 per month and they can’t expect high pay scale at their initial stage. But gradually with sound practice and experience in this field they can expect a pay scale of Rs.30, 000 to Rs.50, 000 per month and this may go as high as Rs.5, 00, 000 per month.
How: 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. This is a good option for someone who wishes to focus on finance from day one. The two-year programme in finance is on a par with an MBA. Graduates from any discipline can apply. Where: 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. Institutes: (see below)