University Affiliation

University of Mumbai                                               

Duration of Program

2 Years Full Time                                                

Important Dates

Last Date to Apply : As per University Schedule

About Programme

Beware of little expenses, A small leak will sink a great ship – Benjamin Franklin

Finance is synonym to White blood cells in a Human being but needs an acumen to understand how to maintain the balance of Increase or Decrease.

As we set into the new decade, KES Shroff college of Arts and Commerce (Autonomous) brings a one of its kind of Post graduate Program M.Sc. (Finance).

M.Sc. (Finance) is a very popular course designed for those students willing to acquire a master’s degree in finance. This course equips students with conceptual and analytical skills of financial decision making, with the in depth study of statistical and econometric techniques, financial modelling and data analytics. The curriculum is designed as such that students remain abreast with all developments and innovation in the finance industry. It is a gateway to excellent career opportunities such as Investment Banking, Risk Analyst, Core banking, Insurance etc.

Why this Programme

The goal of any student who has graduated is to stand in their own feet and have a successful and fulfilling career ahead of them. in order to do so, one must hard and smart, taking the right steps in order to secure a good spot on the job market for themselves.

In order to have a successful future, a professional should have a good beginning. This can be done by applying for an appropriate level of degree in the right field of study, there are many options out there which are very popular among students that could lead to a successful career. One of those courses is finance and the degree of study is Post-graduate or Masters.

Finance is an important field of study and has many applications in all sectors, business or otherwise. The advantage of having a masters is that students will be able to instil a sense of confidence in employers. A master’s degree curriculum teaches advanced topics to the students who are more practically involved.

PEO1: Facilitate value-based holistic and comprehensive learning by integrating traditional and innovative learning practices to match the highest quality standards and train students to be effective leaders in their chosen fields and career.
PEO2: Provide a conducive environment to unleash their hidden talents, creative potential, nurture the spirit of critical thinking and encourage them towards higher education so as to cater the needs of the industry/society and contribute for the development of the nation.
PEO3: Equip students with skills needed to adapt better to ever changing global scenarios by encouraging innovative practices, research competence and entrepreneurial skills and gain access to career opportunities in multidisciplinary domains.
PEO4: Develop a sense of social responsibility, ethics and equity to transform students into commitment-oriented professionals having strong attitude towards sustainable development for betterment of society.

After successful completion of the two years of MSc (Finance) programme, the learner will be able to
PSO 1: apply various statistical tools and techniques to solve the complex issues related to portfolio management, derivatives valuation, financial statement analysis and other behavioral finance related issues.
PSO 2: demonstrate their ability to use concepts of economics and corporate taxation in order to make better financial decisions.
PSO 3: utilize the skills of robotic process automation, big data analytics, and block-chain technology to build a platform for financial trading.
PSO 4: formulate organizational decisions through applied research in finance.

Professional opportunities to work as Corporate Analyst, Equity Research Analyst, Investments and Securities Analyst, Investment Banker, Market Analyst, Risk Analyst and other finance related job profiles as well in can explore various sectors such as international finance, Treasury management, investment banking, capital markets, Risk management, Mutual fund management, Real estate management, mergers and acquisitions, Venture capital, valuation and manufacturing sector.

Course Curriculum

Semester 1

  • Financial Statement Analysis
  • Monetary Economics
  • Quantitative Methods in Finance
  • Fintech Primer / Structured Finance

Semester 2

  • Value Investing and Behavioral Finance
  • Corporate Finance
  • Fintech Primer / Structured Finance
  • Basic Econometrics

Semester 3

  • Portfolio Analysis and Management
  • Derivatives Valuation
  • Block Chain in Fintech
  • Business Analytics

Semester 4

  • Big Data and Machine Learning in Finance
  • Quantitative Methods – II in Finance
  • RPA in Fintech
  • Research Project Work

Placements Partners


How to Apply

The admission procedure usually starts in the month of June after the results of undergraduate courses are declared.

  1. Fill the Pre-enrollment form of the University of Mumbai through the University portal ( Select the autonomous option for M.Sc Finance.
  2. Fill online admission form on
  3. Upload a copy of the pre-enrollment form, Graduation mark sheet/digital result, HSC mark sheet/digital result, caste/reservation certificate if applicable, and E-Suvidha ticket.
  4. On the declaration of merit list (first then second then third if applicable) pay the fees along with submission of the documents such as Undertaking regarding admission confirmation, SSC(X marksheet), Leaving Certificate, Adhar card, scanned copy of Cheque book leaflet/bank account details and transfer certificate in case the student is from outside Maharashtra.
  5. For further details and to know more about the college visit

The candidate must hold a Bachelor’s degree /graduate degree in any stream from a recognized University. They must have obtained a minimum of 50% aggregate marks in their graduation.

  • The student must have also studied English and Mathematics (or Statistics) as compulsory subjects in 12th Standard/HSC/10+2 (or equivalent Level of Examination) or at least in one semester in the first year of their graduation.
  • In order to secure the admission for M.Sc. (Finance) programme, Students must appear the entrance exam conducted by K.E.S. Shroff college of Arts and Commerce. Student must score the minimum cut-off percentage of the college he/she is applying in. Candidate who have appeared and scored minimum 40 percentile in CAT/ CET/ CMAT will be exempted from entrance exam of the college.
  • Candidate appearing for the final examination of their bachelor’s degree are eligible to apply. If selected, provisional admission will be given subject to clearing the final examination. Fees will be accepted from such candidates but their admission will be confirmed on the submission of final mark sheet within given due date.
  • Selected candidates must produce all the mandatory documents at the time of admission. Failing to meet this requirement, will result in the cancellation of admission and the fees paid will not be refunded.
  • At the time of admission, candidate has to produce semester wise / trimester – wise / consolidated (only if individual mark sheets are not issued by University / Institute) mark sheets of all years of the college from which he / she is graduated. In case of internet copy of mark sheets, attested by Principal with official seal is mandatory.
  • In case the mark sheet issued by applicable board / University is in percentile/s or Grade point the actual aggregate percentage of all subjects appeared by the candidate will be taken into consideration.
  • The candidates, who have passed or, have appeared for graduation examination from a University where Grade Point Average is given, must produce the equivalent percentage for the GPA / CGPA obtained in writing from the University concerned.
  • Submission of Association of Indian Universities (AIU) equivalence certificate to confirm the eligibility for the program is mandatory for those candidates who have completed their examination form Overseas Universities.
  • Candidates who have cleared their graduation through distance learning and correspondence course externally from a recognized University are eligible to apply & register as per UGC guidelines.
  • It is the sole responsibility of the candidate to ascertain whether they possess the necessary and requisite qualification for the admission at K.E.S. Shroff college of Arts and Commerce as verification of the documents is done at the time of final admission.

Total no. of Seats: 40

Reservation of Seats: Reservations are as per the Government policy.

Fees: As prescribed by the University of Mumbai. The details have been mentioned on the college Notice board and the College website http://www.

Duration of Programme: 4 Semesters spread over 2 years. The programme shall consist of 15 Theory papers and Project work

Enforcement of Attendance:

Our college is a pioneer institute in introducing the computerized attendance system. The computerized defaulters’ lists are displayed division wise regularly at the end of every month on the Students Notice Board. The students failing to fulfill the required attendance shall be DETAINED and shall not be permitted to take the Annual / Board examination. Warning letters from the Principal are sent to parents of the defaulting students. The letters are given to the concerned students by the class teachers in the classrooms. The students must hand over these warning letters to the parents. Students should note that fulfilling the attendance requirement alone will not qualify them to appear for the examination. Their academic performance should also be to the satisfaction of the principal.

General Rules & Regulations:

  1. Every student should obtain an ID card and show at the entry
  2. Students should not loiter in the corridors when the lectures are engaged
  3. Giving proxy attendance is a serious act of indiscipline
  4. Students applying for certificates/testimonials and attestation should first contact the college office
  5. Ragging is strictly prohibited on the college premises
  6. The use of mobile phones inside the college is strictly prohibited. If caught using a cell phone it is confiscated for a period of 1 year

Punitive Measures:

  1. Warning
  2. Cancellation of admission
  3. Refusal to grant admission in future
  4. Withholding or withdrawing of University exam form
  5. Expulsion / rustication from college
  6. Fine not exceeding Rs. 300
  7. Non-refund of fees and deposits
  8. Suspension for a specified period
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