M.Com in Business Management: Course Details, Eligibility, Admission, Fees
MCom in Business Management is a 2-year postgraduate degree that focuses on the study of the advanced business concepts applied in marketing management, strategic management, and financial management. The course curriculum also equips candidates with the latest trends, corporate and business reforms globally.
Table of Contents
- About MCom in Business Management
- MCom in Business Management Eligibility Criteria
- MCom Business Management Admission 2023
- MCom in Business Management Entrance Exams
- Types of M.Com in Business Management Courses
- Top MCom in Business Management Colleges in India
- MCom in Business Management Syllabus and Subjects
- MCom in Business Management Course Comparison
- Courses After M.Com Business Management
- Career Options After MCom in Business Management
- MCom in Business Management Salary in India
- Skills to Excel as an M.Com in Business Management Graduate
M.Com in Business Management Course Details
| Degree | Masters |
| Full Form | Master of Commerce in Business Management |
| Duration | 2 Years |
| Age | The minimum age limit to enroll in the course is 20-21 years. |
| Subjects Required | Graduate in Commerce |
| Minimum Percentage | 50% aggregate in any of the bachelor commerce courses. |
| Average Fees | ₹50K - 2 LPA |
| Similar Options of Study | M.Com, MBA, CA |
| Average Salary | INR 3.97 LPA (Source: Payscale) |
| Employment Roles | Finance Coordinator, Management Trainee, Account Executive, Finance Manager, etc |
| Top Recruiters | J.P. Morgan Chase & Co., South Indian Bank, Accenture, EY, etc |
About MCom in Business Management
MCom Business Management is a specialized course that falls under MCom. MCom in Business Management full form is Master of Commerce in Business Management. The course focuses on the application and understanding of finance, business studies, and economics in different areas of business management. The MCom in Business Management course duration is two years.
MCom in Business Management Admission 2023 requires students to have a minimum of 50% in their bachelor's degree in commerce or any equivalent degree. Admission to the course is done mainly on a merit basis. The MCom Business Management syllabus includes topics such as business economics, advanced financial accounting, taxation, etc.
After completion of the MCom Business Management degree, students can find employment opportunities in banking and financial services, education, the insurance industry, risk management consultancies, etc. The average salary of an MCom in Business Management graduate is INR 3.97 LPA. (Source: Payscale)
Why Choose M.Com in Business Management Course?
MCom in Business Management course helps students to learn leadership and other relevant skills to control the current business challenges. Below is a detailed analysis of why one should choose the MCom Business Management course:
- The course offers students to work as financial managers in prominent firms, and the demand for the role is projected to grow by 17% between 2021 to 2031 across the globe. (As per BLS Report).
After pursuing MCom in Business Management students can also work in the financial services sector, and with global financial service market is projected to grow at 6.8% by 2031, leading to higher growth of skilled professionals. - M.Com in Business Management scope in India is vast as graduates can work in renowned firms such as Tata Capital, J.P Morgan Chase & Co., Accenture, EY, Yes Bank, etc.
- Students can work in a diverse range of roles such as Business Managers, Relationship Managers, Management Executive Trainees, and Accounting Managers.
- As per the reports by the Bureau of Labor Statistics, the demand for graduates in the management field is expected to grow at a rate of 5% between the year 2019-2029.
Who Should Pursue MCom in Business Management Course?
Below mentioned points are regarding who should pursue an MCom Business Management course:
- M.Com in Business Management subjects focus on finance, strategy, and accounting aspect of business management, students interested to know in depth knoweldge can enroll in the course.
- Students who have a fundamental clarity of accountancy, finance, economics, business management, econometrics, etc. can enroll in the course.
- Individuals who are entrepreneurs and want to learn the commerce aspect of business management can pursue the MCom Business Management course.
Read More: MCom in Business Management Jobs and Scope
MCom in Business Management Eligibility Criteria
The MCom Business Management eligibility criteria may differ on the basis of college requirements, but the standard set of parameters needs to be fulfilled by the students as mentioned below:
- The candidate should have completed a bachelor's degree in commerce or any equivalent degree with a minimum of 50% marks.
- Whereas, SC/ST/OBC candidates should have completed a bachelor's degree with a minimum of 45% marks.
- The minimum age limit to enroll in the course is 20-21 years.
- The candidate also needs to clear the entrance exams such as JMI EE, CUET-PG, or any university-level entrance exam if required.
MCom Business Management Admission 2023
MCom in Business Management admissions is mainly done on a merit basis but few colleges may have their own entrance exam or consider CUET-PG score. The general admission process is given below:
- Step 1: The candidate should meet the standard eligibility criteria for the course as required by the colleges.
- Step 2: The student needs to fill out the application form that is available either online or offline.
- Step 3: If the college has additional criteria for the entrance exam, then the candidate is required to clear the required cut-off.
- Step 4: Further, the candidates are called for a counseling session or GD and Interview process.
- Step 5: After the merit list is published students need to submit the necessary document and complete the fee payment.
MCom in Business Management Entrance Exams
M.Com in Business Management entrance exams are conducted at the national level or university level. Some of the popular entrance exams for the course are listed below:
|
MCom Business Management Entrance Exam |
Registration Details |
|
CUET-PG |
Application Form |
|
JMI EE |
Application Form |
Types of M.Com in Business Management Courses
MCom Business Management course can be pursued full-time, and part-time mode. Below is the MCom in Business Management course details:
|
Type |
MCom Business Management Eligibility |
M.Com in Business Management Duration |
|
M.Com in Business Management Full Time |
Should have passed Bachelor's degree in commerce or any equivalent degree with a minimum of 50% marks + Entrance Exam |
2 Years |
|
M.Com in Business Management Part-Time |
Should have passed Bachelor's degree in commerce with a minimum of 50-55% marks |
2-3 Years |
Part-Time MCom in Business Management Course
Below is the part-time M.Com Business Management course details:
- The course in part-time mode can be pursued from Jamia Milia Islamia University.
- The course fee is approx INR 7,200 PA.
- The candidate should have completed B.Com/BBA/BBS/BIBF/ or an equivalent degree with 55% marks in aggregate.
- Students who have completed B.Com/BBS/BIBF/BBA (Honours) with at least 50% marks in the aggregate are eligible for the course.
- The course duration can be maximum extended to three years.
- The minimum age limit to enroll in the course is 20-21 years.
Top MCom in Business Management Colleges in India
Students can opt for various MCom in Business Management colleges in India depending upon their merit, specializations, and convenience. Some of the government and private MCom in Business Management colleges in India are listed below:
|
Sl.No |
College Name |
Average Fees |
|
1 |
Mithibai College | INR 42,607 PA |
|
2 |
AE Kaleskar Degree College | - |
|
3 |
Jamia Milia Islamia College | INR 7,200 PA |
|
4 |
RA Podar College of Commerce and Economics | - |
|
5 |
St. Xaviers College for Women | - |
|
6 |
Ramanad Arya DAV College | INR 23,118 PA |
|
7 |
HR College | INR 26,800 PA |
|
8 |
Somaiya Vidya Vihar University | INR 75,000 PA |
|
9 |
Maheswari Girls PG College | INR 14,300 PA |
|
10 |
Reena Mehta College | - |
Top MCom Business Management Colleges by City
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MCom in Business Management Colleges in Mumbai |
MCom Business Management Colleges in Ahmedabad |
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MCom in Business Management Colleges in Pune |
M.Com in Business Management Colleges in Chennai |
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M.Com in Business Management Colleges in Jaipur |
MCom in Business Management Colleges in Bangalore |
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MCom in Business Management Colleges in Kolkata |
MCom in Business Management Colleges in Lucknow |
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MCom in Business Management Colleges in Nagpur |
M.Com in Business Management Colleges in Indore |
Top MCom in Business Management Colleges by State
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MCom Business Management Colleges in Hyderabad |
MCom in Business Management Colleges in Gujarat |
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MCom in Business Management Colleges in Delhi |
MCom in Business Management Colleges in Kerala |
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MCom in Business Management Colleges in Karnataka |
MCom in Business Management Colleges in Tamil Nadu |
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MCom in Business Management Colleges in Rajasthan |
MCom Business Management Colleges in Uttar Pradesh |
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MCom in Business Management Colleges in Chandigarh |
MCom in Business Management Colleges in Punjab |
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MCom in Business Management Colleges in Maharashtra |
MCom in Business Management Colleges in Bihar |
MCom in Business Management Syllabus and Subjects
M.Com Business Management subjects focus on understanding financial management, business economics, financial markets, and other various topics. Below is a list of some of the MCom Business Management subjects taught in various colleges and universities:
- Strategic Management
- Business Ethics and Corporate Social Responsibility
- Research Methodology for Business
- Corporate Finance
- International Business
- Marketing Strategies and Practices
- Human Resource Management
- Management of Business Relations
- Supply Chain Management
Read More: MCom in Business Management Subjects and Syllabus
MCom in Business Management Course Comparison
The MCom Business Management course is beneficial for students who want to excel in the field of finance, accounts, and strategic aspect of business management. However, there are similar courses that also offer similar knowledge. Below is a comparison of the M.Com in Business Management course with other courses.
MCom in Business Management vs MBA
The table below showcases the differences between MCom in Business Management and MBA:
|
Course |
MCom in Business Management |
MBA |
|
Full Form |
Master of Commerce in Business Management |
Master of Business Administration |
|
Stream |
Commerce |
Any Stream |
|
Course Duration |
2 years |
2 years |
|
Eligibility |
Bachelors with a minimum of 50% aggregate |
Bachelors with a minimum of 50% aggregate |
|
Entrance Exams |
JMI EE, CUET PG |
CAT, XAT, CMAT |
|
Top Colleges |
RA Podar College of Commerce and Economics, K.P.B. Hinduja College of Commerce, etc. |
IIM Ahmedabad, IIM Bangalore, MDI Gurgaon, etc. |
|
Fees |
INR 50,000-2 LPA |
INR 3 - 15 LPA |
Read More: MBA
Courses After M.Com Business Management
After MCom in Business Management, graduates can either choose to work or pursue higher studies. Additional degrees in the same field can help increase job opportunities and scope for graduates. Some of the higher education options for an M.Com in Business Management are listed below:
- PhD in Business Management
- MBA
- M.Phil in Business Management
- PMP Certification Course
- Six Sigma Certification Course
Career Options After MCom in Business Management
After the MCom in Business Management degree, graduates can find jobs in companies like Capgemini, Tata Capital, J.P Morgan Chase & Co., Accenture, EY, Yes Bank, Goldman Sachs, Deloitte, KPMG, and so on. Below is a list of some of the job roles offered to this M.Com Business Management graduate are:
- Customer Service Specialist
- Management Executive Trainee
- Relationship Manager
- Finance Manager
- Business Consultant and Analyst
- Accountant
- Research Analyst
- Project Executive
MCom in Business Management Salary in India
The MCom in Business Management graduate's average salary in India is INR 3.97 LPA (Source: Payscale). The salary varies according to experience, skills, industry, market demand, specialization, etc. among various other factors.
Read More: MCom in Business Management Salary
Skills to Excel as an M.Com in Business Management Graduate
Students pursuing a MCom Business Management course need to have solid concepts clarity and certain skill sets in order to have an edge in the competitive industry/market. Below listed are a few skills required by the graduate to excel in the course:
- Business Acumen
- Inter Personal Skills
- Strategic Thinking
- Critical Thinking Skills
- Management Skills
- Analytical Skills
- Communication Skills
Top M.Com in Business Management Colleges
Top Management Entrance Exams
M.Com in Business Management Fee Structure
FAQs
What is MCom Business Management full form?
M.Com Business Management full form is Master of Commerce in Business Management.
What are important M.Com Business Management subjects?
Some of the important MCom Business Management subjects are Strategic Management, Business Ethics and Corporate Social Responsibility, Research Methodology for Business, Corporate Finance, etc.
What is the M.Com Business Management course duration?
M.Com Business Management course duration is two years.
Is M.Com Business Management better than MBA?
M.Com Management subjects focus on specialized knowledge in accounting, finance, and economics related to business aspects, whereas MBA is a diverse course dealing with marketing, HR, operations, etc. The choice between the two depends on individual interests and goals.
What is the average MCom in Business Management salary?
The average MCom in Business Management salary is INR 3.97 LPA (Source: Payscale)
Which colleges provide MCom in Management courses?
Some of the colleges that provide MCom Business Management are Ramanand Arya DAV College, RA Podar College, AE Kaleskar Degree College, etc.