Accounting is a vast subject, everything cannot be taught or learned in the graduation classes. The Master’s course will have more specialization in core segments of accounting. This course will facilitate students to study practical accounting that will be prepared for high posts in their profession.
This course is also suited for other graduates with associated degrees to get a foot-hold in accounting too. Bachelor’s degree holders who have done business or commerce as specialization can go for the accounting Master’s degree before they enter any profession. These master’s degree holders are prized in banking, taxation, and auditing professions.
A master’s degree in finance broadly teaches three things – corporate finance, asset management, and financial markets. All these are important for a company. Good financial management leads a company to use its funds properly and facilitate a smooth function. Asset management is the planning of how to park their finances for better use later and the study of financial markets allows the company to know about interest rates etc.
A master's course also teaches about other corporate affairs like a further investment, how to acquire a new company, and how to provide funds for that. It also teaches the macroeconomic level management.
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