- May 18, 2023
- Posted by: Sahaswi
- Categories: Commerce, Online Education, PG Programs
M.Com in Accounting and Finance graduates have a wide variety of career options available to them. The average M.Com Accounting and Finance salary for this specialization is INR 3.92 Lakh per year. The salary for this qualification goes up to INR 10 Lakh per annum.
M.Com Accounting and Finance jobs in the private sector, they can work in accounting firms, stockbroking firms, financial institutions, and investment banks. In the international market, the salary depends on the country and the profile of the job.
In the UK, the average MCom Accounting and Finance salary could range from 17,000 to 40,000 per annum. Then, in the US, the average salary could range from 40,000 to 90,000 per annum. In the UAE, the average M.Com Accounting and Finance salary could range from 75,000 to 200,000 per annum.
M.Com Accounting and Finance scope can find employment in both the public and private sectors. In the public sector, M.Com Accounting and Finance Online students can find employment in banks, taxation departments, and financial consulting firms.
M.Com in Accounting and Finance graduates can also pursue a career in teaching, research, and public service. With the right qualifications and experience, M.Com in Accounting and Finance Online graduates can also find employment in government departments such as the Ministry of Finance, Reserve Bank of India, and Securities and Exchange Board of India.
M.Com Accounting and Finance scope in India:
- The M.Com Accounting and Finance scope in India is expected to grow significantly. As the economy expands, businesses require skilled individuals who can manage financial operations, analyze data, and ensure compliance with regulatory frameworks.
- M.Com Accounting and Finance jobs for graduates can in the corporate sector. Companies of all sizes and industries need accounting professionals to handle financial reporting, budgeting, cost analysis, and financial planning.
- The banking and financial services sector in India offers a wide range of roles for M.Com Accounting and Finance jobs in areas such as commercial banking, investment banking, financial analysis, risk management, and wealth management.
- Many consulting firms in India provide services in areas such as tax planning, financial advisory, and audit. M.Com Accounting and Finance scope for graduates can join these firms and work with clients to optimize their financial processes and strategies.
- Opportunities exist in the government sector, such as roles in taxation departments, public accounting, auditing, and regulatory bodies. M.Com Accounting and Finance graduates can also appear for competitive exams for positions in government organizations like the Indian Civil Services.
In India, the professionals with an MCom Accounting and Finance salary ranges from 4.5 to 7.5 lakhs per annum. Depending on the experience and expertise, the MCom Accounting and Finance salary can reach as high as 25 lakhs per annum.
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