This course, previously offered by S K Somaiya College, will now be offered by Dr. Shantilal K. Somaiya School of Commerce and Business Studies.

Master of Commerce (Accounting & Finance)

Master of Commerce Accounting & Finance | M.Com.(A & F)

Programme Overview

The Master of Commerce (M.Com.) in Accounting and Finance is a two-year postgraduate programme designed to develop advanced knowledge, analytical capabilities, and professional expertise in the areas of accounting, finance, taxation, and business strategy. The programme aims to prepare graduates who can think critically, solve complex business problems, and confidently navigate the evolving global financial landscape.

Spread across four semesters, the curriculum offers an in-depth understanding of contemporary concepts and practices through courses such as Corporate Law, Financial Modelling, International Taxation, International Economics, Financial Statement Analysis, Fundamental and Technical Analysis, Strategic Financial Management, and Research Methodology. The programme is carefully structured to bridge the gap between academic learning and industry expectations, enabling students to build specialised competencies aligned with their career goals.

Learning is enriched through case studies, simulations, research-based assignments, data-driven analysis, and practical applications of financial concepts. Students also have the opportunity to participate in International Semester exchange programmes with international partner institutions, enabling them to gain exposure to diverse academic environments, broaden their global outlook, and enhance their learning experience through interdisciplinary and cross-cultural engagement. To enhance professional readiness, the programme includes value-added certifications such as NISM certifications within the curriculum, providing students with industry-recognised credentials. Students benefit from regular interactions with industry professionals, corporate leaders, and subject matter experts through guest lectures, workshops, seminars, and mentorship initiatives.

The programme is delivered by a distinguished faculty comprising experienced academicians and industry practitioners, ensuring a balanced blend of theoretical rigor and practical insights. With a strong focus on employability, professional development, and higher-order analytical skills, the M.Com. (Accounting and Finance) programme prepares students for rewarding careers in finance, taxation, consulting, banking, corporate management, research, and academia, while also providing a solid foundation for professional certifications and doctoral studies.

Key Information

Duration
2 Years
Programme Code
ST4608
Mode of study
Full time
Campus
Vidyavihar - Mumbai

Programme Objectives

  • Detailed knowledge in the field of corporate finance, financial reporting and analysis, compliance and adherence to current statues.

  • Develop critical thinking capacity to interpret various accounting general practices and use it for the process for improvement and knowledge enhancement.

  • Develop innovative thinking and problem solving skills by understanding the problem, using the relevant analytical skills and give an appropriate solution.

  • Develop scientific reasoning ability with the help appropriate technology in the field of accounts, management, taxation, etc.

  • Learn to be part of a team, develop reflective thinking along with sensitivity towards group members, leading to development of leadership and team management skills.

Pedagogy

A combination of innovative teaching methods, case based learning, experiential learning, guest speakers, hands-on experience of new technology, interaction with subject experts provide the student with an ambience that help them flourish their talents in subject specific areas.

pedagogy

Career Paths

After successful completion of the course, student can opt for further education like M.com, MBA (Masters in Business Administration), CA(Chartered Accountant),CS (Company Secretary),ICWA (Cost Accountant), CFA (Chartered Financial Analyst),FRM (Financial Risk Management), CPA( Certified Public Accountant) CFP (Certified Financial Planner), After completing this course, candidates may work in areas like:

  • Banks
  • Business Consultancies
  • Educational Institutes
  • Foreign Trade Centres
  • Investment Firms
  • Import Export Firms
  • Logistic Enterprises
  • Policy Planning Bodies

Specializations Offered

  • Financial Reporting
  • Taxation Laws
  • International Taxation
  • Corporate restructuring
  • Information System Audit

Curriculum

Semester I Semester II

Core Courses(CC)

Core Courses(CC)

Advanced Accounting

Corporate Restructuring

Direct Tax

Indirect Tax

Advanced Research Methodology

Corporate and Allied Laws

Operations Research

International Economics

Data Management using Spreadsheets

Financial Modeling

Research Statistical Analysis

NISM/ Other Certification

Graduate Attributes

  • Academic excellence
  • Analytical Thinking
  • Critical Thinking
  • Creativity and originality
  • Engagement with the Society
  • Environmental Sensitivity
  • Leadership and team spirit
  • Professional Efficiency
  • Strong presentation & communication skills
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