M.Com: Course Details, Admission, Fees, Eligibility Criteria
Duration
2 Years
Average Fees
INR 50,000 - 3 LPA
Updated on Mar 27, 2023 by Rahil Ahmed
Updated on Mar 27, 2023 by Rahil Ahmed
The M.Com course is a two-year postgraduate degree that deals with commerce and the advancement of finance. The subject's goal is to train individuals for effective management in the fields of finance and commerce. M.Com graduates can find work as a Mutual Fund Broker, Finance Bookkeepers, Budget Analysts, or Business Consultant.
M.Com Course Details
| Degree | Masters |
| Full Form | Master of Commerce |
| Duration | 2 Years |
| Age | No specific age limit |
| Subjects Required | Graduate degree in Commerce |
| Minimum Percentage | 50% |
| Average Fees | INR 50,000 - 3 LPA |
| Similar Options of Study | M.Phil (Commerce), MBA, CA |
| Average Salary | INR 4 - `10 LPA |
| Employment Roles | Accountant, Account Executive, Finance Manager, Operations Manager, Financial Analyst, Senior Account Executive, Senior Accountant, Financial Controller, Cost Accountant, Accounting Manager, etc |
| Opportunities | EY (Ernst & Young), Genpact, Accenture, WNS Global Services, Tech Mahindra Ltd, J.P. Morgan Chase & Co. (JPMCC), HDFC Bank Pvt Ltd, The Bank of New York Mellon Corporation (BNY Mellon) etc |
M.Com Latest Update:
- March 27, 2023: Admission is open at JIIT Noida for UG & PG courses 2023-2025, the last date to apply is May 31, 2023. Read More
About M.Com Course
Master of Commerce (M.Com) course is a 2 years Postgraduate Master’s degree program focusing on Commerce, Accounting, Management, and Economics related subjects. The M.Com syllabus and subjects mainly include thesis-based components and there may be some research-based elements included also. M.Com job scope provides good employment opportunities for students looking for exposure in the field of commerce.
Table of Contents
- Eligibility Criteria for M.Com
- M.Com Admission Process
- M.Com Quick Facts
- Who Should Pursue M.Com
- Types of M.Com
- Distance M.Com
- M.Com Specializations
- Popular M.Com Entrance Exams
- Top M.Com Colleges
- Fees Structure for M.Com
- Course Comparison
- College Comparison
- Why Choose M.Com
- Syllabus and Subjects for M.Com
- Preparation Tips for M.Com
- Scope of Higher Education after M.Com
- M.Com Salary
- Career Options After M.Com
- Skills to Excel
Eligibility Criteria for M.Com
The eligibility for M.Com in India differs according to the university. For M.Com admission, the aspirant wanting to pursue should have an average of 50% or above in the bachelor's degree of Commerce from any recognized university.There are universities that may conduct entrance exams. M.Com does not have any upper age limit.
How To Get Admission For M.Com?
The candidates applying for M.Com have to meet the eligibility criteria set by the universities which may vary when applying for the course. Mentioned below are the general guidelines for admission to the course:
How to Apply?
The aspirants can apply online or offline to the universities they want but they should meet the eligibility criteria of the universities to be shortlisted for another round of entry. The aspirant can go through the online admission portal of the university and apply or can apply offline by visiting the university.
Selection Criteria
Some of the M.Com universities in India may conduct a written examination for enrollment in the course. Some of the universities do not conduct entrance examinations but opt for merit-based selection .The students have to appear for entrance examinations such as AUCET, CUET, BHU PET, to name a few to qualify for the course.
M.Com Quick Facts
The full form of M.Com is Master of Commerce. M.Com is most popular among aspiring teachers/lecturers and researchers. Admission to M.Com in top universities is done through an entrance exam. Many universities offer merit-based admission to the course.
- M.Com full Form is Master of Commerce
- The average fees of the M.Com course range between INR 5,000 to 1.50 LPA.
- The admissions to the M.Com courses are done on the basis of both merit lists and entrance examinations.
- The top entrance exams for M.Com admission are BHU PET, PU CET, AU CET, etc.
- Candidates can pursue M.Com courses in regular, online, and distance education modes.
- Distance M.Com is suitable for working professionals. The average fees for M.Com courses in distance mode range between INR 5000 to 1.38 LPA.
- M.Com syllabus includes subjects such as Organization Theory and Behavior, Economic Analysis, Managerial Accounting, Marketing Management, etc.
- The top recruiters are KPMG, PWC, State Bank of India, HDFC Bank, ICRA, etc.
- Candidates after completion of the course can go for higher education such as an MBA, CFA, CA, PhD, etc.
Who Should Pursue M.Com?
Since M.Com is a specialized area in itself, only those candidates who have pursued B.Com or B.Com (H), can pursue the course. M.Com is also a good option for CA/CS candidates.
- Candidates who want to pursue a career in Commerce stream should pursue the M.Com course.
- Candidates who wish to pursue a career in Banking Financial Service and the Insurance sector should pursue the M.Com course.
- Working professionals who have graduate certificates in commerce can pursue this course in distance mode to improve their job prospects
- Candidates who wish to pursue a career as an Auditor can take up the M.Com course after the completion of their graduate program.
When To Do M.Com?
If a student wants to pursue a career in commerce-related field, he or she should begin at the 10+2 level. They must pass 12th class from a recognized board with a minimum of 50% or above marks in commerce stream.
Is M.Com Worth Doing It?
Before pursuing any course it is ideal that the candidates check out the worthiness of the course. M.Com program includes subjects such as Organizational Behavior, Organizational Management, and Management Principles, which allow the candidates to compete with MBA graduates. Also, the M.Com Course duration is similar to MBA and is much shorter than a CA course.
Types of M.Com
M.Com is one of the most popular academic courses in India. The different types of M.Com courses have been discussed below.
Full-Time M.Com
Given below are some of the popular pointers regarding the full-time M.Com course:
- The Full-Time M.Com courses are offered for a duration of two years. The full-time M.Com course is the most popular form of M.Com course in India
- Admission to M.Com courses is done on the basis of merit or entrance exam.
- M.Com Specialization includes Accounting and Finance, Financial Management, Business Management, Statistics etc.
Part-Time M.Com
Given below are some of the popular pointers regarding the part-time M.Com course:
- The part-time M.Com courses are available for a duration of 2 years.
- The courses are available from different colleges such as Birla Global University, Nalanda Open University, ICFAI Dimapur, etc.
- The average fees range between INR 3,400 to 67,500 PA.
- The admissions are provided on the basis of a merit list that is prepared from the marks obtained at the graduation level.
Distance M.Com
M.Com Distance Education is one of the most lucrative courses that are available to aspirants who are unable to pursue the degree in regular mode. Given below are some of the popular pointers regarding the distance M.Com course:
- Distance M.Com courses are popular amongst working professionals or aspirants who cannot attend classes on a regular basis.
- The candidates before pursuing the distance education course should see that the courses are validated by the Distance Education Board and UGC.
- The courses are offered by IGNOU, Annamalai University, Karnataka State Open University, and many more.
- The average course fee ranges between INR 5000 to 38,000 PA.
- The average duration of the course is 2-5 years.
M.Com From IGNOU
Given below are some of the popular pointers regarding the M.Com course from IGNOU:
- The duration of an M.Com from IGNOU is 2 to 5 years
- The average course fee is INR 11,000 PA.
- There is no upper age limit for pursuing M.Com from IGNOU.
- The course offers regular teleconferencing for regular guidance.
M.Com From Annamalai University
Given below are some of the popular pointers regarding the theM.Com course from Annamalai University:
- The Course is recognised by the UGC and it can be used as a valid certificate for government or private employment.
- M.Com admission is provided for different specializations such as Finance and accounting, marketing Management, etc.
- The Admissions are done on the basis of a merit list.
- The average course fee is INR 7,000 PA.
M.Com from LPU Distance Education
Given below are some of the popular pointers regarding the M.Com course from LPU Distance Education:
- The minimum duration of the course varies from 2 to 4 Years.
- The candidates should pass B.Com, BBA, BSc (Economics), BA (Commerce), or any other graduation with Mathematics or economics as one of the subjects.
- The course fee is INR 9,650 per semester.
- The admission is done on the basis of a merit list.
M.Com Distance Education Top Colleges
Some of the top M.Com distance education universities/colleges are:
|
Name |
Location |
Average Fees |
|
New Delhi |
INR 11,000 PA |
|
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Chennai |
INR 16,000 PA |
|
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Mumbai |
INR 12,000 PA |
|
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New Delhi |
INR 10,000 PA |
|
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Jalandhar |
INR 38,600 PA |
|
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Kottayam |
INR 5000 PA |
|
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Annamalai |
INR 7000 PA |
|
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Mysore |
INR 13,500 PA |
M.Com Specialization
The different M.Com specialization has been given below. The top M.Com specialization will be described in the following section.
- M.Com Finance
- M.Com Computer Application
- M.Com Business Management
- M.Com Accounting and Finance
- M.Com Taxation
- M.Com Marketing
- M.Com Banking and Finance
- M.Com Business Administration
- M.Com Financial Management
- M.Com E-Commerce
- M.Com Finance and Control
- M.Com Statistics
- M.Com Accountancy
- M.Com Economics
- M.Com Banking
Popular Entrance Examination For M.Com
There are entrance exams conducted by many colleges in India for admission to the M.Com course. Here is a list of some of the popular entrance courses conducted by universities:
A Quick Glance At The M.Com Entrance Course
The gateway to top universities is the entrance exam.The entrance exam is a basis of merit for the candidate to be granted admission. Here is a quick overview of the M.Com entrance exam:
- The entrance exam is generally conducted offline.
- The examination is for 2.5 hours.
- The questions are of objective type, with a total of 100 marks.
- The exam focuses on qualitative ability, data interpretation and computer skills.
Top 10 M.Com Colleges
India is a host to many M.Com colleges. Students can choose a college based on their merit and specialization needs. Below is the list of the top 10 M.Com College in India:
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Kovai Kalaimagal College of Arts & Science, Coimbatore |
Top M.Com Colleges in Mumbai
The top M.Com colleges in Mumbai are:
| College Names | Average Fee |
| NM College Of Commerce And Economics | INR 32,000 PA |
| K J Somaiya College Of Arts & Commerce | INR 13,320 PA |
| Sydenham College Of Commerce & Economics | INR 8,165 PA |
| Jai Hind College | INR 14,947 PA |
| St Andrew's College Of Arts Science And Commerce | INR 16,125 PA |
| Mumbai University | INR 2,226 PA |
| Ramniranjan Jhunjhunwala College | INR 14,815 PA |
| SNDT Women's University | INR 15,189 PA |
| Spn Doshi Women's College | INR 8,865 PA |
| Rizvi College Of Arts Science And Commerce | INR 15,500 PA |
Read More: M.Com Colleges in Mumbai
Top M.Com Colleges in Chennai
A list of M.Com colleges in Chennai has been tabulated below.
| College Names | Average Fee |
| Loyola College | INR 11,580 PA |
| Stella Maris College | INR 20,000 PA |
| Women's Christian College | INR 48,728 PA |
| Guru Nanak College | INR 11,450 PA |
| Presidency College | INR 870 PA |
| SRM IST | INR 35,000 PA |
| Queen Mary's College | INR 592 PA |
| The New College | INR 3,905 PA |
| B.S. Abdur Rahman Crescent Institute Of Science & Technology | INR 60,000 PA |
| Mohamed Sathak College Of Arts And Science | INR 27,000 PA |
Read More: M.Com Colleges in Chennai
Top M.Com Colleges in Bangalore
A list of M.Com colleges in Bangalore has been tabulated below.
| College Names | Average Fee |
| Christ University | INR 75,000 PA |
| Kristu Jayanti College | INR 80,000 PA |
| NMKRV College For Women | INR 1.5 LPA |
| St Joseph's College | INR 78,500 PA |
| Seshadripuram College | INR 36,000 PA |
| AIMS Institutes | INR 1.66 LPA |
| PES University | INR 80,000 PA |
| Presidency College | INR 90,000 PA |
| T John Institute Of Management And Science | INR 72,000 PA |
| REVA University | INR 90,000 PA |
Read More: M.Com Colleges in Bangalore
Top M.Com Colleges in Hyderabad
A list of M.Com colleges in Hyderabad has been tabulated below.
| College Names | Average Fee |
| St Ann's College For Women | INR 12,080 PA |
| Osmania University College For Women | INR 22,730 PA |
| A.V. College Of Arts Science And Commerce | INR 12,080 PA |
| Dr. B.R. Ambedkar Open University | INR 5,000 PA |
| K L University | INR 1.40 LPA |
| Maulana Azad National Urdu University | INR 6,100 PA |
| Sarojini Naidu Vanita Mahavidyalaya | INR 11,000 PA |
| R.G. Kedia College Of Commerce | INR 12,080 PA |
| G. Ram Reddy Center For Distance Education | INR 4,500 PA |
| Badruka College Of Commerce And Arts | - |
Read More: M.Com Colleges in Hyderabad
Top M.Com Colleges in Pune
The following is a list of some of the nest M.Com colleges in Pune:
| College Names | Average Fee |
| Symbiosis College Of Arts And Commerce | INR 40,511 PA |
| Brihan Maharashtra College Of Commerce | INR 7,225 PA |
| Bharati Vidyapeeth Deemed University | INR 11,500 PA |
| Abeda Inamdar Senior College | INR 10,670 PA |
| Marathwada Mitra Mandal's College Of Commerce | INR 57,000 PA |
| MIT World Peace University | INR 50,000 PA |
| Dr. D.Y. Patil Arts, Science And Commerce College Pimpri | INR 22,080 PA |
| Suryadatta College Of Management, Information Research And Technology | INR 60,000 PA |
| Yashwantrao Mohite College | INR 11,500 PA |
| Tilak Maharashtra Vidyapeeth | - |
Read More: M.Com Colleges in Pune
Top M.Com Colleges in Kolkata
A list of M.Com colleges in Kolkata has been tabulated below.
| College Names | Average Fee |
| Goenka College Of Commerce And Business Administration | INR 1,485 PA |
| JD Birla Institute | INR 62,600 PA |
| University Of Calcutta | INR 2,314 PA |
| St. Xavier's College | INR 94,000 PA |
| Amity University | INR 95,000 PA |
| Shri Shikshayatan College | INR 43,620 PA |
| Sister Nivedita University | INR 94,600 PA |
| St. Xavier's University | INR 1.36 LPA |
| Netaji Nagar Day College | INR 18,810 PA |
| Prafulla Chandra College | INR 20,000 PA |
Read More: M.Com Colleges in Kolkata
Top M.Com Colleges: Highest Placements in India
Listed below are the top colleges with the highest placements.
| Names | Top Recruiters | Placement Package |
| SRCC, New Delhi | Wipro, Samsung, KPMG, EY etc | INR 15 LPA |
| Christ University, Bangalore | Deloitte, EY, KPMG, TCS etc | INR 13 LPA |
| Hansraj College, New Delhi | Capgemini, P&G, OYO, KPMG etc | INR 31 LPA |
| NMIMS, Mumbai | Reliance, Citi Bank, Infosys, Deloitte etc | INR 8 LPA |
| Loyola College, Chennai | IBM, Dell, TATA Motors, Flipkart etc | INR 5.5 LPA |
M.Com College Ranking
The M.Com college rankings are done by different government and private agencies based on different parameters. The M.Com college ranking by NIRF and India Today has been listed below.
M.Com College NIRF ranking
Fee Structure For M.Com
The M.Com fee structure in India ranges from INR 10,000 - to INR 1 LPA on an average.M.Com course fees can differ for different colleges and universities around the country based on the infrastructure and faculty they provide. Below is the list of some of the top M.Com Colleges and their fee structure:
| Sl No. | College | Average Fees |
| 1. | Shri Ram College of Commerce, Delhi | INR 29,400 PA |
| 2. | Hindu College, Delhi | INR 18,310 PA |
| 3. | Loyola College, Chennai | INR 25,890 PA |
| 4. | Christ University, Bangalore | INR 1.45 LPA |
| 5. | Ramjas College, Delhi | INR 14,284 PA |
M.Com Course Comparison
The M.Com full form is Master of Commerce, and it is a professional commerce degree. MBA is a professional degree that primarily deals with business management. Below is a comparison of the M.Com and MBA degrees.
M.Com vs MBA
M.Com (Master of Commerce) and MBA (Master of Business Administration) are two separate courses that have their own benefits. It totally depends on your qualification background and area of interest to select one of these courses.
Some of the key differences between these courses are mentioned below:
| Parameters | M.Com | MBA |
| Overview | M.Com is a master’s degree focusing on accounting, commerce and economics-related subjects, particularly aimed at students who are interested in research and teaching. | MBA is a course that focuses on the study related to the business environment and management system, involving many specializations such as marketing, finance, logistics, etc. |
| Full-Form | Master of Commerce | Master of Business Administration |
| Suitability | Suitable for those who wish to make a career in the field of teaching and research and want to pursue higher education. It also offers many jobs in the accounts and commerce industry. | Suitable for those who are looking into making their career in the business making field and management field suitable with managerial and leadership positions. |
| Focus Area | This course mainly focuses on academic and theoretical approaches. | This course is more of a professional job oriented course. |
| Average Total Fee | INR 60,000 PA | INR 10 LPA |
| Average Salary | INR 5 LPA | INR 8 LPA |
Read More: MBA
M.Com College Comparison
The table below shows a significant comparison of some of the best colleges considered for the M.Com course:
| Parameters | Hindu College, New Delhi | Presidency College, Chennai | Loyola College, Chennai |
| Overview | It’s one of the oldest and most prestigious colleges of Delhi university offering UG and PG courses in all streams. | It is one of the best universities in the world with the best teaching methodology and education environment. | Loyola college is an institute affiliated with the university of madras. It is also famous for health care law and a medical school. |
| NIRF- Ranking | 2 | 3 | 6 |
| Average Fee | INR 44,000 | INR 1,700 PA | INR 20,000 PA |
| Average Placement Package | INR 5 LPA | INR 3.5 LPA | INR 5 LPA |
| ROI Rank | 3 | 1 | 2 |
| Top companies participate in placement drives | KPMG, DE Shaw, Maruti, Jaypee, Deloitte, Google and others. | HDFC Bank, TATA AIG, Federal Bank. Mind tree, reliance etc | E&Y, Zoho corps, well Fargo, Wipro, TCS, IBM, Amazon and others. |
Syllabus and Subjects For M.Com
M.Com courses in India are to teach aspirants about commerce and finance. In M.Com in India, the course in the first year deals with making students familiar with commerce, accounting, finance, and banking. There are various types of M.Com specializations. These are the subjects for M.Com is:
- Commerce
- Accounting
- E-Commerce
- Banking Practise
- Cost and Account Management
- Financial Accounting
- Business Accounting
- Taxation
- Business Management
- Marketing of Financial Service
- Banking Law and Theory
- Entrepreneurship
Read More: M.Com Syllabus and Subjects
Why Choose M.Com?
Before enrolling in a course, students frequently inquire about M.Com details. Before deciding on a career, students may have questions such as "What is an M.Com?" and "Why choose M.Com?" We have framed the following three-pointers to help you understand the answers to these questions:
What is M.Com All About?
M.Com is an abbreviation for Master of Commerce, which is a two-year postgraduate degree programme in which students study subjects related to commerce such as accounting for managerial decisions, computer applications in business, and so on. Prestigious and acknowledged banks like Standard Chartered Bank, Yes Bank, and Manchester Bank are some of the major recruiting and employment partners for professionals of the M.Com course.
What Does an M.Com Graduate Do?
M.Com graduates work both in the public and private sectors. They work in banking, stock market, financial services department, government agencies, software development companies, and consultancy services. They are hired as Business Analyst, Stock Broker, Finance Bookkeeper, Finance Consultant, etc.
Investment Banker: Investment Bankers essentially assist their clients in raising capital in the capital market by issuing debt or selling equity in their companies.
Reasons Why M.Com Can Fetch You a Rewarding Career?
M.Com itself is a diverse field and there are a plethora of opportunities swimming around with the ever-advancing technology being implemented. Here are some of the reasons why you should choose M.Com as your course:
Growth: In the age of startups and the growth of entrepreneurship, positions such as market analyst and operations manager carry significant responsibility and are in high demand, which can be filled by M.Com graduates. Internship opportunities in major companies such as Infosys and Dell will add a lot of weight in terms of experience to the resumes of M.Com professionals.
Diverse career options: Graduates can be part of the finance sector as Finance Consultant, Bookkeepers, Business Analysts, Stock Broker, etc.
Read More: M.Com Job Opportunities and Scope
Preparation Tips For M.Com
Here are some of the preparation listed below:
Make Sure To Keep Your Computer Practice On Point: The key element is never to lose computer practice skills and keep yourself updated with the latest financial gizmos.
Get Advice And Consultation Regarding Syllabus: Make sure you know what the syllabus is all about and if in doubt consult with seniors or advisors.
Take A Month-Long Preparation: Make sure to keep a month’s gap for proper preparation. Note what you need to study and practice and start working on it.
Scope For Higher Education
After graduating from the course, the aspirant can choose to pursue higher courses in Commerce. The aim of the program is to develop scholars into researchers who can make substantial contributions in the field of commerce and finance.
Here is the list of Higher Education after post-graduation:
- M.Phil in Commerce
- MBA
- PG Diploma
- Certification Course
Salary for M.Com Graduate
The average M.Com salary in India [Source: Glassdoor] is INR 5.9 LPA for freshers. The salaries and annual earnings depend on the specific kind of practice and performance, expertise, and other related aspects.
Read More: M.Com Salary
Career Options After M.Com
There are a plethora of career options for an M.Com graduate. India has multi-national companies which hire M.Com graduates for various positions. Here is the list of some of the top recruits:
- Cognizant
- HCL Technologies
- IndusInd Bank
- Wipro
- Microsoft
- SBI
Skills Required For M.Com Graduates
An aspirant wishing to pursue M.Com needs to have the necessary skills to develop in the course. The course is a theory-based course where knowledge skills are required. Here is a list of a few skills an applicant should have:
- Logical Reasoning
- Mathematical Ability
- Communication Skills
- Leadership Skill
Top M.Com [Master of Commerce] Colleges
Top Commerce Entrance Exams
M.Com Fee Structure
FAQs
What is the salary of M.Com graduate in India?
The average salary of M.Com graduates in India is INR 5 LPA.
What job opportunities are available after M.Com?
The M.Com degree provides several employment options such as marketing analyst, cost accountant, finance manager, etc. in the both private and public sectors.
What is M.Com course fees?
The average M.Com course fees is in the range of INR 50,000 - 3 LPA .
Which colleges are best for M.Com course in India?
The best colleges in India offering M.Com course are Hansraj College, SRCC, Christ University, etc.
What are the best M.Com specialization to pursue?
The top M.Com specializations are in finance, marketing, computer application, business management, etc.
