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MBA is considered as one degree for various aspects of the business. But most of these subjects will not provide students with in-depth knowledge. MBA students specializing in a particular subject like Finance, Marketing or HR will get excellent experience and know-how in that particular field. MBA is very costly when compared to M.Com. Whereas, M.Com is a much more narrowed degree that permits students to specialize in a number of majors such as Finance, Marketing, and International Business, etc. The focus is more on the Accounting and Finance aspect in M.Com. An MBA candidate can easily enter in to the managerial positions after the completion of the course. An M.Com holder will require a good amount of experience to back them up as for entering into a managerial position. MBA has much more scope than M.Com. MBA in Finance and Marketing has lots of job opportunities.

Hi Mayuri!
CFA is considered as most competitive financial credentials. It is one of the most rigorous certification programs in finance, which covers several key knowledge areas in finance making it best fit for those interested in developing a career as a financial analyst or in the field of investment banking. Of course, many investment banks would still consider hiring someone with MBA from top 10 business schools, CFA certificate would still have some competitive edge.
ACCA, on the other hand, is more focused on accounting and auditing and is considered lower level than CFA in terms of reputation.
However, the most important question is where do you want to work. If you are planning your future career in an investment bank or hedge fund I would say CFA would be a better choice. However, if you want to be an auditor, accountant, or financial consultant ACCA is more than enough.