M.Com in Business Management: Course Details, Eligibility, Admission, Fees

Duration

2 Years

Average Fees

INR 50,000 PA

Rahil Ahmed

Updated on Jan 4, 2023 by Rahil Ahmed

Rahil Ahmed

Updated on Jan 4, 2023 by Rahil Ahmed

M.Com Business Management is a two year management degree that deals with commerce, accounting, management and economics, with a focus on Business Management. M.Com in Business Management primarily teaches students subjects like Business Strategies, Ethics and Laws, Finance, Accounts, Human Nature and many more. Jobs for M.Com Business Management are Sales and Distribution Agent, Business Management Executive, Management Executive Trainee, Finance Coordinator, etc.

M.Com in Business Management Course Details

Degree Bachelors
Full Form Master of Commerce
Duration 2 Years
Age No age restriction as such
Subjects Required Graduate in Commerce
Minimum Percentage 50% aggregate in any of the bachelor commerce courses
Average Fees INR 50,000 PA
Similar Options of Study M.Com, MBA, CA
Average Salary INR 3.6 LPA
Employment Roles Finance Coordinator, Management Executive Trainee, Sales and Distribution Agent, Business Management Executive, Accountant, Account Executive, Finance Manager, etc
Opportunities J.P. Morgan Chase & Co., South Indian Bank, Accenture, EY, etc

About MCom in Business Management

Through MCom in Business Management course, students are given knowledge of accountancy, finance, economics, business management, econometrics, etc. The course falls under the umbrella of the M.Com. Business Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources.

Table of Contents

Eligibility Criteria for MCom in Business Management

MCom in Business Management eligibility requirements requires applicants should have completed a Bachelor's degree in Commerce and Business management or equivalent with an aggregate of at least 50% in their final exams. There is no specific age limit for the course. Admission to the course is done through merit or entrance exam-based admission.

How To Get Admission to MCom in Business Management?

For MCom in Business Management in India, students should satisfy the verified eligibility criteria. MCom in Business Management admissions will be on the basis of entrance exam scores or through merit. The process of admission to an MCom in Business Management differs across various colleges in India. The general admission process is given below:

How to Apply?

MCom in Business Management course details and procedures can be found on the colleges' official websites. Applicants can enter the college's official portal and register for the entrance exam. After that applicants should fill up a form with the required details.

Selection Process

MCom in Business Management admission is done for only those who have completed all the eligibility requirements. Candidates who are shortlisted will be announced on the official website or by email where the details of the further admission process will be given.

The MCom in Business Management admission process plays a vital role in entrance exams. Entrance exams are conducted at the national level, state level or university level. Some of the popular entrance exams for MCom in Business Management are listed below:

A Quick Glance at MCom in Business Management Entrance Exams

Candidates who are interested in MCom in Business Management should satisfy eligibility requirements. After applying for entrance exams, students should prepare for the exams and know about the exam pattern and syllabus for preparation. The general entrance exam pattern is listed below:

  • Students should know about Business Strategies, Market Analysis, Finance, Accounting, Economics, Human Resourcing, etc.
  • The exams are conducted in online and offline modes.
  • The exam duration is 2 hours.
  • The question paper is for 360 marks in total.

Top MCom in Business Management Colleges in India

There are many MCom in Business Management colleges in India. Students can opt for any of the top 10 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:

MCom in Business Management Colleges

Sl No.

Name of the Institutes

Average Annual Fees (INR)

1.

Narsee Monjee College of Commerce and Economics, Mumbai

32,000 PA

2.

RA Podar College of Commerce and Economics, Mumbai

12,600 PA

3.

H.R. College of Commerce & Economics, Mumbai

14,722 PA

4.

K.P.B. Hinduja College of Commerce, Mumbai

14,831 PA

5.

Mithibai College of Arts, Mumbai

32,000 PA

6.

Jamia Millia, New Delhi

32,000 PA

7.

Burhani College of Commerce & Arts, Mumbai

32,000 PA

8.

Lala Lajpat Rai College of Commerce & Economics, Mumbai

14,722 PA

9.

B.E.S. Sant Gadge Maharaj College of Commerce & Economics, Mumbai

14,831 PA

10.

Srinivasa Sinai Dempo College of Commerce and Economics, Goa

12,600 PA

Fee Structure for MCom in Business Management

MCom in Business Management fees is around INR 12,000 - 35,000 PA. The MCom in Business Management fee structures vary according to the infrastructure, management, faculty, facility, institute, and location. Some of the top colleges with MCom in Business Management course fees in India are listed below:

MCom in Business Management Course Fees

Sl no.

Name of the Institutes

Average Annual Fees (INR)

1.

Narsee Monjee College of Commerce and Economics, Mumbai

32,000 PA

2.

RA Podar College of Commerce and Economics, Mumbai

12,600 PA

3.

H.R. College of Commerce & Economics, Mumbai

14,722 PA

4.

K.P.B. Hinduja College of Commerce, Mumbai

14,831 PA

5.

Mithibai College of Arts, Mumbai

32,000 PA

Syllabus and Subjects for MCom in Business Management

MCom in Business Management is a two-year post-graduation degree in the business field. MCom in Business Management is a study of Economics for Business Decisions, Macroeconomics Concepts, Entrepreneurial Management, Retail Management, and so on. Subjects for MCom in Business Management differ according to the specializations and institutes. MCom in Business Management syllabus covers both practical and theory sessions. Some of the MCom in Business Management subjects are listed below:

  • Strategic Management
  • Business Ethics and Corporate Social Responsibility
  • Research Methodology for Business
  • Corporate Finance
  • Marketing Strategies and practices
  • Human Resource Management
  • Management of Business Relations
  • Supply chain Management

Read More: MCom in Business Management Subjects and Syllabus

Why Choose MCom in Business Management Course?

Students get confused about choosing their career and want to know about the course before they choose. Usually, students come across questions like “What is MCom in Business Management course about?” and “Why choose MCom in Business Management?”. To make sure students understand what it is, we have presented it in three points:

What is MCom in Business Management All About?

MCom in Business Management course is a postgraduate degree in the business field. MCom in Business Management duration is two years, divided into four semesters. The course teaches laws and ethics of business which helps students manage the business effectively.

The course curriculum helps students to learn leadership and other relevant skills to control the current business challenges. Through this course, students are given knowledge of accountancy, finance, economics, business management, econometrics, etc.

What Does an MCom in Business Management Graduate Do?

MCom in Business Management graduates are hired in companies like Capgemini, Tata Capital, J.P Morgan Chase & Co., Accenture, EY, Yes Bank, Goldman Sachs, Deloitte, KPMG, etc. They can work as Entrepreneurs, Customer Service Specialists, Business Managers, Relationship Managers, Management Executive Trainees, Accounting Managers, Indian Civil Services Officers, Business Consultants, Analysts and so on.

Business Manager: Business Managers oversee a specific department within a large company. In smaller companies, they might oversee all departments. In either case, they're the captains that manage daily activities, supervise work, and push toward financial and operational objectives.

Reasons Why MCom in Business Management Can Fetch You a Rewarding Career?

Career options for MCom in Business Management graduates are very different from those of other degrees. An MCom in Business Management career depends upon the specializations and demand. Candidates can get jobs in the public sector, private sector or non-profit organizations with general education in this course.

Career Scope and Options: The graduates can work in Capgemini, Tata Capital, J.P Morgan Chase & Co., Accenture, EY, Yes Bank, Goldman Sachs, Deloitte, KPMG, etc.

Read More: MCom in Business Management Jobs and Scope

Preparation Tips for MCom in Business Management Course

The essential tips that can be followed by the aspirants in the preparation for the course are listed below:

Knowledge about Exam Paper Pattern: The first step in preparing for the entrance exam is a deep-rooted understanding and comprehension of the paper pattern and the syllabus.

Time Management Effectively: Candidates should make sure that they manage their time effectively while preparing, with a focus on weaker subjects. Drawing up a timetable can drastically help students manage their study time and score well on the exam.

Enrolling for Coaching Institutes: Coaching classes, especially for clearing the entrance exam, are a bonus as instructors can help a candidate focus on their weaknesses which will aid in practice and comprehension of topics.

Practice Mock Tests: Taking tests can improve the speed and accuracy of students while writing the exam.

Scope For Higher Education

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 MCom in Business Management graduates. Higher education options for MCom in Business Management are:

  • PhD in Business Management
  • MBA
  • M.Phil in Business Management
  • Certificate courses

Salary of a MCom in Business Management Graduate

The MCom in Business Management graduate's average salary ranges around INR 1 - 6 LPA (Source: Payscale). MCom in Business Management graduates' salaries vary according to their specializations and skills. MCom in Business Management freshers get a lower salary when compared to those that have experience in this field.

Read More: MCom in Business Management Salary

Career Options After MCom in Business Management

After the MCom in Business Management degree course, 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. The graduates may also choose to pursue higher education. Some jobs offered to this MCom in Business Management graduates are:

  • Customer Service Specialist
  • Management Executive Trainee
  • Relationship Manager
  • Entrepreneur
  • Business Consultant and Analyst
  • Indian Civil Services
  • Business Manager

Skills That Make You The Best MCom in Business Management Graduate

People who are passionate about business and want to take it as a career in the future can pursue an M.Com in Business Management. This course helps catch the attention of people curious about business. Some of the required skills for this career are:

  • Calculative Skills
  • Critical Thinking Skills
  • Management Skills
  • Analytical Skills
  • Communication Skills

Top Management Entrance Exams

CUET PG

Exam Date: Jun 01, 2023

M.Com in Business Management Fee Structure

See Various M.Com in Business Management Colleges in India

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