MFC Course Details

Degree Masters
Full Form Master of Finance and Control
Duration Course Duration of Master of Finance and Control [MFC] is 2 Years.
Age No age limit
Minimum Percentage 50%
Subjects Required Subjects corresponding to post-graduate.
Average Fees Incurred INR 1 L per annum
Similar Options of Study M.Com (Finance), MBA (Financial Management), MBA (Finance), B.Com (Accounting & Finance) etc.
Average Salary Offered INR 7.94 L per annum
Employment Roles Financial Analyst, Finance Manager, Operations Manager, Financial Controller, Investment Banking Associate, Senior Finance Manager, Accountant, Senior Financial Analyst, Senior Business Analyst etc.
Placement Opportunities Genpact, HDFC Bank Pvt Ltd, Ernst & Young, The Northern Trust Company, HCL Technologies Ltd, The Goldman Sachs Group Inc, Mahindra & Mahindra Ltd, Equitas Micro Finance, Nomura etc.

About Master of Finance and Control [MFC]:

  • Master of Finance and Control (MFC) is a Two-Years postgraduate financial services management course.

  • The course generally covers the study in finance and accounting and a super-specialisation in the last semester to equip students with skills in financial planning, decision-making and control while familiarising them with the financial and regulatory environment.

  • Below mentioned are some of the top MFC colleges which offer the course:- 

    • St Josephs Degree & PG College, Hyderabad

    • Aligarh Muslim University, [AMU] Aligarh

    • Institute of Media Studies, Bhubaneswar

    • Osmania University, Hyderabad

  • Master of Finance & Control (MFC) degree course comprises the lessons in the basic areas of managerial decision-making such as Organizational Behaviour, Managerial Economics, Quantitative Techniques, Financial Accounting, Corporate Laws, etc.

  • Eligibility criteria for the course is to have a minimum of 50% in the Bachelor of Finance and Control from a reputed organisation with a recognised board.
  • Those who opt for this course can study in different areas of finance such as Financial Management, Financial Services, International Finance, International Accounting, Investment Management, Project Appraisal, etc.

  • Below mentioned are some of the colleges which offer the course of Master of Finance and Control Delhi University:-

    • Department of Finacial Studies [DFS], Delhi

  • The duration of the course is two years and its syllabus is divided into four semesters.

Also Read: Finance Certification Courses

What is Master of Finance and Control [MFC]?

  • It is a two-year course which deals with the Finacial and Money controlling aspects for the professionals who wants to pursue the course.

  • Business Analyst, Equity Advisor, Marketing Manager, Investment Manager are some of the most challenging and enthusiastic Master of Finance and Control job roles for individuals aspiring to study Finance and Management skills.

  • Below mentioned are some subjects which are included in the Master of Finance and Control Syllabus:

    • Management Concepts and Organizational Behaviour

    • Financial Accounting

    • Quantitative Techniques

    • Managerial Economics.

    • Marketing Management

    • Financial System in India

  • Online courses in India with the evolution of IGNOU has been highly increasing with a lot of people across the nation enrolling for the same.

  • The Master in Finance online facilities is also provided for professionals who want to pursue the course via the astonishing applications of Internet and Web-media.

  • Admission procedure for the course starts with the individuals qualifying the CAT (Common Entrance Exam) and appearing for the Interviews followed by Group Discussions.

Why Choose Master of Finance and Control [MFC]?

  • The Master Degree serves as a basis for career opportunities in many diverse sectors such as investment banking, equity research, wealth management, corporate treasuries, core banking and insurance, real estate and commodity markets, business and financial counselling, corporate finance, international finance and merchant banking.

  • Below mentioned are some of the Master of Finance and Control job opportunities for the graduates:

    • Accountant

    • Budget Analyst

    • Corporate Analyst

    • Equity Research Analyst

    • Financial Analyst

  • The Course equips students with the requisite knowledge and skills in financial planning, decision-making, and control.

  • A Master degree in Finance will allow an individual to initiate his/her own career working with companies across the nations and with an initial salary of INR 4.5 Lakhs.

  • MFC Course scope in India is in great demand where an Individual/professional post graduation can either work for an Organisation or also can opt for his own organisation to provide consulting services for Finance and Control.

  • They can also have jobs in non-profit organisations such as charity associations are also in need of finance managers.

Top Colleges for Master of Finance and Control [MFC]:

Sl. No.

Name of the College


St Josephs Degree & PG College, Hyderabad


Aligarh Muslim University, [AMU] Aligarh


Institute of Media Studies, Bhubaneswar


Osmania University, Hyderabad


Institute of Professional Studies and Research, Cuttack


Udayanath College of Science and Technology, Cuttack


Bundelkhand University, Jhansi 


Vellalar College for Women, [VCW] Erode 


Department of Financial Studies [DFS], Delhi University, New Delhi 


Gangadhar Meher University, [GMU] Sambalpur

Eligibility Criteria for Master in Finance Control [MFC]:

  • Some of the very reputed universities and institutes demand a minimum of 45-50% marks in graduation and also conduct entrance examination to get admission to their Master of Finance & Control (MFC) degree course.

  • The admission test is on the same lines as the Common Admission Test (CAT) with emphasis on current business and financial environment, followed by a Group Discussion (GD) and interview.

  • Selection to the degree course in these colleges is based on marks secured in the final merit i.e. total marks aggregated in the final exams of graduation and the entrance exam.

Admission Procedure for Master in Finance Control [MFC]:

  • The applicant has to qualify in the Entrance Exams conducted by the Individual Colleges/Universities in accordance with the admission procedure.

  • The applicant also has to download the application/admission form for the opted University from the website of the University.

  • The applicant also has to fill up the form and submit to the administration prior to the deadline. 

See Various Master of Finance and Control [MFC] Colleges in India

Fee Structure of Master of Finance and Control [MFC] in India

(In Lakhs)

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