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Master of Commerce [M.Com] at NIILM University, [NIILMU] Kaithal | Courses, Fees structure and Eligibility

M.Com Streams at NIILM University, [NIILMU] Kaithal


  • Master of Commerce [MCom]

Note


Additional Details:

Eligibility Criteria for M.Com:

  • Candidates should have completed their B.Com {Hons}/ BBA (B.A., B.Sc. with Commerce) Economics/ Commerce/ Marketing/ Insurance as a subject with 50% marks
  • Candidates who belong to SC/ ST will have to maintain a minimum of 45% aggregate of marks.

M.Com Admission Details at NIILM University, [NIILMU] Kaithal


Admission Procedure:

  • Candidates can get their application form through Online

Documents Required for Admission Procedure:

Mode of Admission
  • Academic Merit
  • Entrance

Why Choose this Course?


M.Com Course:

M.Com is a postgraduate academic degree which is awarded after successful completion of 2 years of the programme. M.Com full form is Master of Commerce. M.Com degree serves as a base for further advanced studies in areas such as PhD and M.Phil degree in Commerce. The M.Com Course syllabus covers the study of principles of accounting, economic theory, micro and macroeconomics, business knowledge etc.

The top M.com colleges in India which offer M.Com course as part of the curriculum are listed below:

M.Com course provides an insight into commerce, management, and economics as a whole. M.Com course has heightened job scope and employment options in various fields of technology, research and others.

The eligibility criteria for M.Com course is to secure at least 45-50% in bachelor's degree. Some colleges/ universities have their entrance exams, and candidates have to clear the exam to be eligible.

Many companies take in M.Com graduates. M.Com job scope is high and companies such as Infosys, Dell, Capgemini, and many others are the major recruiters of M.Com course graduates.

M.Com Course Quicklinks:

What is M.Com Course?

What is Master of Commerce [M.Com]?

M.Com course is a 2-year postgraduate degree course where the aspirants have to analyse subjects related to commerce like accounting for managerial decisions, computer applications in business etc. It is a specialised course which trains an individual for a career in the finance and corporate sector. The M.Com syllabus covers the study of principles of: 

  • Accounting
  • Economic Theory
  • Micro and Macroeconomics
  • Money and Banking Systems
  • Knowledge of Business
  • Trade and its Characteristics
  • Politics etc.

It is a notch higher than a bachelors degree in commerce and helps build an in-depth knowledge about various commerce and trade practices, to be utilized in the ever-changing business world. Prestigious and acknowledged banks like Standard Charted Bank, Yes Bank, Manchester Bank are some of the major recruiting and employment partners for professionals of M.Com course.

Enchanting the routes of trades in the '90s was a major boon for the Economic sector in terms of growth and employment, and that remains one of the major attractions of the pursuance of masters in the field of commerce.

Why Choose M.Com?

Why choose Master of Commerce [M.Com]?

Corporate financial accounting and corporate tax planning are few of the necessities of the modern-day business sector in terms of auditing the financial industry in the organisation. Accounts Assistant, accountant, business analyst and financial analyst are some of the major recruitment areas in terms of employment perspective and are some of the most lucrative M.Com job opportunities.

In the era of startups and growth of entrepreneurship, designations such as market analyst, operations manager carry huge responsibility and are in demand and can be filled by the professional of M.Com course. Internship opportunities in major companies like Infosys, Dell will add a lot of weight in terms of experience in the resumes of the professional of M.Com course.   

Students can either pursue their career or further studies in statistics, taxation, accounting & finance, banking, insurance etc. Law school is a very common destination nowadays for recent postgraduates in commerce.

M.Com Entrance Exams:

The entrance exams conducted by several universities or colleges across the nation for admission into the M.Com course are mentioned below:

AUCET: Andhra University Common Entrance Test is a common entrance exam for postgraduation courses at Andhra University. Students interested in joining M.Com course can apply for the exam.

CUET: Christ University, Bengaluru conducts a common entrance exam for all the postgraduation courses called Christ University Entrance Test. Students who have completed their B.Com degree can apply for the exam.

OUCET: Osmania University conducts common UG and PG entrance exam called Osmania University Common Entrance Test. Students interested in joining M.Com course at Osmania University can apply for this exam.

MAJU: Mohammad Ali Jauhar University conducts Mohammad Ali Jauhar University Entrance Exam for students interested in M.Com course at the university.

Common Entrance Test is generally objective type and is of maximum 100 marks. The questions are based on the following topics:

  • Logical Reasoning
  • Quantitative Aptitude
  • English Language
  • General Knowledge 

After the entrance test, students are shortlisted for Group Discussion and Personal Interview round. Some universities may not conduct Group Discussion. There is no minimum or maximum age bar for this course generally.

M.Com Course Preparation Tips:

Every course needs to be prepared well and course preparation tips are very much necessary to prepare well. Some of the course preparation tips for M.Com course is mentioned below:

Read and Practice: Reading the subjects and practising it regularly is very important. M.Com course has come basic mathematics and practising regularly is very important.

Have intrinsic knowledge and interest in subjects: Good marks can be scored only when we are interested in the subjects and interest should be developed along to have a good understanding of the subject.

Revise methodically: Revision is very much important for any course. Revising regularly is the key score good marks. Revising regularly will help the student to understand the subjects easily and score good marks.

Prepare a timetable: Preparing the timetable is very much necessary as the timetable will help the students to schedule things accordingly and dedicate time for every subject.

M.Com Subjects:

The subjects are very important and M.Com course subjects deal with various topics related to commerce. Subjects which comprise the M.Com course curriculum are enlisted below:

  1. Accounting for Managerial Decisions
  2. Business Environment
  3. Computer Applications in Business
  4. Computer Financial Accounting
  5. Corporate Legal Environment
  6. Corporate Tax Planning
  7. E-Commerce
  8. Economics of Global Trade and Finance
  9. Financial Management
  10. Management Concepts and Organisation Behaviour
  11. Managerial Economics
  12. Marketing Management
  13. Statistical Analysis
  14. Strategic Management
  15. Banking & Finance
  16. Commercial Bank Management
  17. Entrepreneurial Management
  18. Financial Bank Management
  19. Financial Markets
  20. Human Resource Management
  21. International Finance
  22. Investment Management
  23. Research Methodology in Commerce
  24. Financial Institutions and Markets
  25. Project Planning
  26. Control Security Analysis
  27. Portfolio Management
  28. Advertising and Sales Management
  29. Consumer Behaviour
  30. Marketing Research
  31. Foreign Trade Policy
  32. International Business Environment
  33. International Marketing
  34. Statistics

M.Com Course Fees:

The average course fees for an aspirant of M.Com course ranges between INR 5,000 to INR 1 lakh per annum. This amount deviates based on the institution in which the aspirant wishes to gain admission, the prestige, faculty, infrastructure and placement history of the concerned college/university/institution as well as government and management quota.

M.Com Course Syllabus:

The syllabus, as prescribed in the M.Com curriculum in most colleges across the nation is tabulated below. While there may be minor deviations in the syllabus composition in a few institutions, the crux of the syllabus structure is maintained as constant throughout the nation.

Sl. No. Subjects of Study
Compulsory Papers
1 Accounting for Managerial Decisions
2 Business Environment
3 Computer Applications in Business
4 Corporate Financial Accounting
5 Corporate Legal Environment
6 Corporate Tax Planning
7 E-Commerce
8 Economics of Global Trade and Finance
9 Financial Management
10 Management Concepts and Organization Behaviour
11 Managerial Economics
12 Marketing Management
13 Statistical Analysis
14 Strategic Management
Optional Papers
1 Banking & Finance
2 Commercial Bank Management
3 Entrepreneurial Management
4 Financial Bank Management
5 Financial Markets
6 Human Resource Management
7 International Finance
8 Investment Management
9 Research Methodology in Commerce

Additionally, a student is expected to choose at least one among the following groups:

Sl.No Group Name Group Subjects
1 Accounting and Finance Accounting for Managerial Decision, Advanced Financial Accounting, Corporate Financial Accounting, Financial Institutions and Markets, Project Planning, Control Security Analysis, Portfolio Management
2 Marketing Advertising and Sales Management, Consumer Behaviour and Marketing Research
3 International Marketing Foreign Trade Policy, Procedures and Documentation, International Business Environment, International Marketing
4 Statistics -

 

M.Com Course Eligibility:

Eligibility Criteria for Master of Commerce [M.Com]

The basic eligibility criterion for pursuing M.Com course is to have a graduation degree in commerce stream. As an alternative criterion, many universities accept any graduation degree with honours in economics or business/management studies for admission to M.Com course. A handful of reputed institutions and universities demand a minimum of 45-50% marks in graduation as a qualifying criterion to secure admission in their M.Com course.

For students who have completed their BBS, BBA, BFIA or BBE, they should have at least 60% marks to be eligible for applying. Selection of the applicant seeking admission to the degree course in these colleges is based on marks secured in the final merit i.e, total marks aggregated in the final exams of graduation and the entrance exam.

M.Com Course Admission:

Application Procedure for Master of Commerce

The candidate can register for M.Com in their preferred college through Online/ Offline mode

  • Online Mode: The candidate has to log in to the official website of the college and fill in the details.
  • Offline Mode: The candidate has to buy the application form from the college campus and fill in the details and submit it there.

After filling in the application form, the candidate will be selected according to the guidelines provided by the college. The candidate has to fulfil all the eligibility criteria to get selected for the personal interview round. After the completion of the selection rounds, the candidate will obtain the results regarding the admission. 

M.Com Specialisations:

M.Com course is a course of many specialisations. Some of the specialisation options available for the aspirants of M.Com course are:

  1. Accounting
  2. Finance
  3. Marketing
  4. Human Resources Management
  5. Taxation
  6. International Business
  7. Entrepreneurship
  8. Business Analytics
  9. Corporate Law
  10. Industrial Business
  11. Operations Management
  12. Management Accounting

M.Com Job Opportunities:

Graduates of M.Com course enjoy a large variety of lucrative job opportunities in a large variety of areas with high employment scope as is enlisted below:

  1. Investments Analyst
  2. Accounts Assistant
  3. Investment Banker
  4. Assistant Accountant
  5. Market Analyst
  6. Accountant
  7. Marketing Manager
  8. Business Analyst
  9. Money Manager
  10. Cashier/Teller
  11. Operations Manager
  12. Corporate Analyst
  13. Personal Finance Consultant
  14. Executive Assistant
  15. Risk Analyst
  16. Finance Manager
  17. Securities Analyst
  18. Financial Analyst

M.Com Course Salary:

The average course salary of an aspirant after the completion of M.Com course is INR 4 lakh per annum. This valuation may vary based on the sector and firm of employment as well as the aspirant's dedication, diligence and seniority at the workplace.

List of M.Com Colleges:

Many colleges provide the best education for M.Com course. Some of the top colleges in India which offer the M.Com course as part of their curricula are tabulated below:

Sl.No Name of the College
1 Sri Ram College of Commerce [SRCC], New Delhi
2 Lady Sriram College for Women, New Delhi
3 Loyola College, Chennai
4 Christ University, Bangalore
5 St. Xavier's College, Kolkata
6 Anil Surendra Modi School of Commerce, Mumbai
7 Symbiosis College of Arts & Commerce, Pune
8 St. Joseph's College of Commerce, Bangalore
9 Hans Raj College, Delhi University
10 Madras Christian College, Chennai

Distance M.Com:

Some of the colleges provide education in distance mode for M.Com course. The top colleges in India offering distance M.Com course include:

  • Delhi University [DU]
  • Tamil Nadu Open University [TNOU]
  • Indira Gandhi National Open University [IGNOU]
  • Annamalai University, Directorate of Distance Education
  • University of Mumbai
  • Bharathiar University
  • Madurai Kamaraj University
  • Alagappa University
  • Punjab University
  • Gujarat University
  • Karnataka State Open University

Difference between M.Com and MBA:

Sl.No M.Com MBA 
1 Master of Commerce Master of Business Management
2 M.Com is a masters degree that teaches students all the topics related to commerce, accounting and financing MBA is a masters degree that trains students in the management and business administration of different sectors accordingly.

M.Com Course FAQs:

  1. Can I become a lecturer after M.Com?
    - The student has to clear the NET exam to be a lecturer after finishing M.Com course in India.

  2. What is the difference between MBA and M.Com?
    -MBA is considered as a general degree which enables students to learn about a lot of areas. But most of these subjects will not provide students with in-depth knowledge. MBA is very costly when compared to M.Com.

  3. Can we do an MBA after M.Com?
    -If you are experienced and want a career switch, then yes, otherwise no. Even if you have done MCom, your academic results of BCom will have to be mentioned anyways.

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