Master of Commerce (Financial Management)

Program Overview

Demands of skills and competencies are varying at faster pace, due to competitive and rapid market changes predominately in Small and Medium Enterprises, which urges for provision of flexible, work-integrated, continuous training, learning and development opportunities through Higher Education Institutions. There is a dire need for a paradigm shift in the training approaches in the formal and informal sector for developing skills in concurrence to the societal need. The traditional and formal educational delivery may not achieve this at rapidly changing demand with flexible approach. Provision of appropriate skills may thus be an important intervention to increasing the productivity of employment workforce. Distance Learning and Online education is more costs effective and can take place while continuing full-time employment.

The Master's program in Financial Management is aimed to provide training in key principles, policies, systems, frameworks, and applications in Financial Management.

Program Objectives

1) To prepare learners to explore newly created opportunities in the accounting field

2) To provide adequate basic understanding about accounting & financial education to the learners

3) To give adequate exposure to the operational environment in the field of accounting & finance.

Learning Outcomes

  1. Evaluate business problems in complex contexts using social, ethical, economic, regulatory and global perspectives
  2. Integrate advanced theoretical and technical knowledge in business which includes a selection of issues in accounting, auditing and business related disciplines
  3. Understand topics of wide relevance including banking, mutual fund, corporate tax, and accounting
  4. Gain knowledge of statistics, law, and other areas that influence the subject area
  5. Appraise and appreciate strategic implications of local and global changes /developments in the subject area
  6. Develop key personal and inter-personal globally-relevant skills for academic and professional enhancement
  7. Combine theoretical knowledge and practical expertise – qualities highly valued in contemporary global multicultural working environments
  8. Build the academic foundation to pursue higher education in the subject or professional courses or to prepare for central / state government services

Program Structure



Eligibility Criteria & Duration

Eligibility Criteria for admission –

10th Class certificate (completing 10 years of formal schooling).

12th Class Certificate (completing 12 yrs of formal schooling).

Bachelor's Degree in any discipline from any recognised university

For foreign students
  • O Level Certificate (completing 10 years of formal schooling. Diploma Will Not Be acceptable)
  • A Level Certificate (completing 12 years of formal schooling. Diploma Will Not Be acceptable)
  • Graduation Degree with Minimum 40% or equivalent marks (3 years or 4 years degree program. Diploma will not be acceptable) as per mentioned conditions: BBA / BBS or Post Graduate Diploma in Management.
  • Certificate of equivalence from association of Indian Universities required from students with foreign education to apply in any university in INDIA. (refer to http://www.aiuweb.org/)
  • Any Bachelor Degree with 36 months of executive work experience (Support by Employer issued documents)
Procedure For Admissions

a) The University will notify Academic Calendar of Programs/Courses for compliance by ADDOE.

b) Based on the calendar ADDOE finalize the entire schedule of admissions. The student can now file the Application Online uploading the attested copies of relevant documents. The documents are verified at various levels and upon verifying the eligibility payment link is offered to student to pay the fee online through payment gate way. Information brochures and prospectus are available online and can be accessed any time. No fee is charged for this facility.

• Duration of the program: 2 Year

Fee Structure (General)


Year 1 INR 60,000.00
Year 2 INR 60,000.00
Total INR 1,20,000.00

Defence Officers

Year 1 INR 51,000.00
Year 2 INR 51,000.00
Total INR 1,02,000.00

Other Ranks

Year 1 INR 42,000.00
Year 2 INR 42,000.00
Total INR 84,000.00
Scholarship Policy Download

Evaluation Policy

  • Evaluation of student performance in each course-unit has two components: (a)internal continuous assessment (course work) and (b) the semester/year examinations which are held at the end of Semester/Academic Year.
  • The level of student academic performance as the aggregate of continuous evaluation and end semester/year examination is reflected by letter grades on a ten-point scale according to the connotations givenbelow:
    Grade Qualitative Value Grade Points
    A+ Outstanding 10
    A- Excellent 9
    B+ Good 7
    B Above Average 6
    B- Average 5
    C+ Satisfactory 4
    c Border Line 3
    F Fail 0
  • Course credit units are integer numbers indicating the weightage assigned to a course unit, project, researchwork, summer internship etc. onthe basisof contact hoursperweek on all learning activities.
  • MINIMUM ACADEMICREQUIREMENTS:
  • Thestudent mustscore aminimum Grade 'C+' ineachcourse unit.
  • The minimum passing SGPA for each semester is 4.5 for Under Graduate Programs and 5.0 for PostGraduate, Integrated and DualDegree Programs .
  • Thestudent should secureaminimumoverall Cumulative Grade Point Average (CGPA) of 6 inthe case of Post Graduate, Integrated and Dual Degree Programs and 5.0 in the case of Under Graduate programs atthe endoffinal year.

Activity Planner (Academic Calendar)