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Career in Master of Finance and Control (MFC)

Master of Finance and Control (MFC)

The opening up of the economy has redefined the role and demand for finance professionals who have an in-depth knowledge of mutual funds, derivatives and equities, real estate, investment analysis, insurance management, treasury management, risk management, portfolio management and project appraisal who can work with a wide spectrum of financial institutions including those in corporate and international finance, investment analysis and portfolio management, money and capital markets including stock exchanges, depository services and stock broking, financial services like merchant banking, leasing, credit rating, venture capital, banking and financial institutions, insurance, real estate, mutual funds, treasury operations and financial consultancy and advisory services. Sure, the financial sector had taken a severe beating recently, but some areas like commercial banking, insurance and financial planning are showing promising signs for the future. Besides, you will be only entering the job market in 2012 — by which time the sector would have hopefully left the after-effects of the financial crisis way behind. Delhi University’s Faculty of Finance & Applied Economics offers MFC (Masters in Finance & Control) at the PG level (www.mfc.edu). The MFC (two year) comprises 16 courses 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. The revised MFC curriculum which has been implemented from July ’09 includes courses in investor psychology, investment philosophy, mathematics of financial markets and technology valuation. 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. The admission test is on the same lines as CAT with emphasis on current business and financial environment, followed by a GD and interview. What’s more, the fee is an absolute steal. MFC is also offered at several other universities like
  • Aligarh Muslim University
  • Banaras Hindu University
  • Himachal Pradesh University
  • Kurukshetra University
  • Punjabi University
  • University of Lucknow
  • Maharshi Dayanand Saraswati University