Masters of Finance and Control (MFC)– Delhi University

Masters of Finance and Control (MFC)– Delhi University

Introduction
The pioneering Two-year (full-time) Master of Finance and Control (MFC) Programme was launched by the University of Delhi in the year 1987-88 at the South Campus when a group of visionaries at the South Campus foresaw challenges that the winds of liberalization would throw up and envisioned the need for trained and specialised finance professional. The transformation from the controlled and regulated economy to the liberalized and globalised one since the early 1990's brought about a sea change in the Indian financial environment implying both challenges and opportunities for finance academics as well as professionals.

In recognition of the emerging challenge and as its response to re-orient the MFC programme to the unfolding opportunities, the University of Delhi, established the Department of Financial Studies in 1994. The Department, which is the first of its kind in India, provides the necessary infrastructural umbrella for servicing the MFC programme in tune with the requirements of the emerging liberalized and globalised financial sector of the country.

Program
The MFC Programme seeks to equip a select group of students with conceptual and analytical skills for financial decision making. What sets this course apart from contemporary courses in the area of management is the balanced blend in various aspects of Finance.

To keep students abreast with the latest developments in the field of finance, the curriculum has been updated with effect from 1998-99 to include new courses such as Derivatives & Risk Management, Treasury management, Real Estate Investment Management, Insurance Management, Mutual Funds Management, Equity Research etc.

The revised curriculum consists of thirty courses including an industry project study and an 8-10 week Summer Training Programme in reputed organizations. The summer training Programme offers the students an opportunity to put the acquired financial knowledge to practice and also to leverage on the experience gained in their second year.

The edge is further sharpened by constant interaction with the industry through the Annual Convention, Seminars, Workshops, Symposia and Research work.

Thorough grooming of the students over a period of two years gives them a fine blend of theoretical and practical inputs to take on challenging careers in the field of Corporate Finance, International Finance, Merchant Banking, Capital and Money markets, Portfolio Management, Investment Advisory Services, Credit Rating, Venture Capital, Forex Advisory Services etc. Under the guidance of a learned faculty, renowned in the field of finance and other related areas, Industry practitioners and Academicians, the MFCian epitomizes the philosophy of Vision, Innovation and Excellence, to perform and shine.

Eligibility

Graduate (under 10+2+3)/Post-Graduate in any discipline, viz. Arts, Humanities, Commerce, Management, Social Sciences, Mathematical Sciences, Engineering, Technology, Agriculture,Law , pharmacy and medicine with 50% marks, from the University of Delhi or any other University recognised as equivalent thereto. Reservation of seats according to the University rules for SC/ST candidates. Candidates appearing for the final year of there Bachelor's Degree can also apply for admission.

Test Centers
The admission Test will be held on Sunday, January 22, 2006 between 2.30 p.m-4.30 p.m at Delhi, Bangalore, Bhopal, Kolkatta, Chandigarh, Chennai, Hyderabad,
Lucknow and Mumbai.

Fees Applicable
At present Indian MFC students are required to pay a annual fee of 11,500/- (Non refundable on withdrawal from the course) at the time of admission. In addition, the students will be required to pay the association fee, placement fee, and other fees as may be notified by the department.

Application Procedure
The prospectus and application form can be obtained between 10 a.m. - 1 p.m. (from Mon. to Fri.) from the office of the Department (Room No. 329), Arts Faculty Building, South Campus on cash payment of Rs.600/- (Rs. 175/- for SC/ST Candidates on submission of an attested copy of caste certificate) or by post, against a Demand Draft of Rs. 650/- (Rs.225/- for SC/ST Candidates) drawn in favour of “Director, University of Delhi South Campus” payable at State Bank of India, New Delhi along with two self-addressed slips of size 2” x 5”. Last date for submission of completed Application Form: December 05, 2005

Correspondence
Website: www.mfc.edu
Department of Financial Studies
University of Delhi , South Campus
Benito Juarez Road , New Delhi - 110 021
Tel (Direct) : 24108854, 26886570
Tel . (EPABX) : 26882503, 26111955, 26886759, 26882231, 26876180 ext. 286
Fax : 91-11-26886570
E-mail :placements@mfc.edu


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