Accounting

The Master in Finance is intended to prepare students for a wide range of careers both inside and outside the financial industry. It May be M.Sc or MBA in Finance and Accounting.
They can get work opportunities with government and public sector companies as finance officer, risk manager, insurance manager, treasures, manager finance & accounts, to name a few. Though, designations may vary according to company profile. Companies also hire financial managers as consultants who advise senior managers on various business issues. Government also receives advice from financial experts in various issues related to finance and investment.
It is a dynamic subject, its scope and area of operation have been always increasing, keeping pace with the changes in socio-economic changes.
Salary varies depending on your grade and designation. At the entry-level position, you'd be given the designation of a staff accountant where you would get to work on cash accounts for audits. In a company, you would possibly be given the charge of accounts payable and accounts receivable. Further ahead, you would become the internal auditor, keeping a tab on the finances of the company and be the real financial truth-teller.
Budget and credit analysts come higher up on the ladder. Budget analysts are in the key position of allocating specifics budgets for the company. Credit analysts are generally employed by banks to figure out whether or not a customer can pay back a loan.
As a trainee, one can start with a salary of Rs.8000-Rs.150000. one can command a higher salary as the experiences raises, generally MNCs and private companies pay higher.

Hello,
If you are sure that you want to make your career in finance field then M.finance makes more sense.
MBA is a broader course after which you can opt for operations, risk profiles, finance or marketing.
So, all in all, if you are not sure about the next step, MBA will be a safer option.
If you are fine with finance and don't want to change your decision go for M.finance.
You can also opt for MBA in finance. The difference between Masters in financial accounting and an MBA in finance would be the course structure. Masters in accounting will have in-depth knowledge of subjects like accounting wherein MBA will give you an investment banking, accounting and finance perspective.
You can also think and explore other options like a CA or a CFA. Just a tip, be very sure of the colleges you are applying for.
Thanks.
All the best.

Its better to go for MBA-Finance. IIMs are best in this followed by some tier-1 institutes like S.P.Jain, NMIMS, XLRI, IFMR, TAPMI, GLIM.
Exam - You must sit for CAT, XAT, SNAP, IIFT and CMAT. A good score in CAT will definitely make you eligible for top institutes of India.
Eligibility - The minimum eligibility criteria for undertaking a Finance & Control course is a graduate degree in any of the discipline can join this course. Several top universities require a score of a minimum of 50 % of marks in graduation. Some universities even conduct entrance exam before choosing a candidate for this course. These institutions choose the candidates entirely on the basis of their merit score.
Course - If you are from maths background than you can think about Financial Engineering. It's a niche discipline and is going to be the future in the finance world. Finance is no doubt the discipline you should choose.
Job Profiles - Securities Analyst, Auditor, Budget Analyst, Corporate Analyst, Marketing Manager, Risk Analyst are some of the job profiles after MBA-Finance.