M.Com or Master of Commerce is a postgraduate degree obtained by successful completion of the degree. M.Com course duration is of 2 years. After successful completion of M.Com, one can apply for P.hD and M.Phil in commerce if they wish to study further. M.Com provides higher knowledge about economics, commerce and business.
M.Com graduates can work in any of the sectors irrespective of their background. Both the government and private sectors provide jobs for M.Com graduates. Most of the colleges across India conduct entrance exams for admissions of M.Com course. While few colleges provide direct admissions as well.
M.Com graduates have various job opportunities in almost all the fields available. M.Com course graduates can work as economic advisors, professors, chief managers in companies of their choice irrespective of the job sectors.
M.Com course is available in many of the colleges all over India. M.Com course fee might vary with institutes. M.Com average course fee is INR 5,000 to INR 1 Lakh per annum.
M.Com course graduates can expect a high salary from their employers as M.Com course graduates are very important in almost all the sectors. M.Com degree holders mostly tend to work on maintaining finance of companies, institutions, etc. M.Com average salary in India is INR 4 Lakh per annum.
|Full Form||Master of Commerce|
|Duration||Course Duration of Master of Commerce [M.Com] is 2 Years.|
|Age||No specific age limit|
|Subjects Required||Graduate degree in Commerce|
|Average Fees Incurred||The average M.Com Course Fee in India is INR 5000 - 1 lakh per annum|
|Similar Options of Study||M.Phil (Commerce), MBA, CA|
|Average Salary Offered||The average M.Com Course Salary in India is INR 4 lakh per annum|
|Employment Roles||Accountant, Account Executive, Finance Manager, Operations Manager, Financial Analyst, Senior Account Executive, Senior Accountant, Financial Controller, Cost Accountant, Accounting Manager, etc.|
|Placement 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 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.
|Get Fees Details||Get Admission Details|
|1. SRCC fee structure||1. SRCC admission|
|2. Lady Shri Ram College fees structure||2. Lady Shri Ram College admission|
|3. Loyola College fee structure||3. Loyola College admission|
|4. St Xavier's College fees||4. St Xavier's College admission|
|5. Christ University fees||5. Christ University admission|
|6. Anil Surendra Modi School of Commerce fees||6. Anil Surendra Modi School of Commerce admission|
|7. Symbiosis College Of Arts and Commerce fees||7. Symbiosis College Of Arts and Commerce admission|
|8. Hansraj College fees||8. Hansraj College admission|
M.Com course is a 2-year postgraduate degree course where the aspirants have to analyze subjects related to commerce like accounting for managerial decisions, computer applications in business, etc. It is a specialized course which trains an individual for a career in the finance and corporate sector. The M.Com syllabus covers the study of principles of:
It is a notch higher than a bachelor's 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.
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 organization. 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.
The M.Com Entrance Exams conducted by several universities or colleges across the nation for admission into the 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:
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.
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 practicing it regularly is very important. M.Com course has come basic mathematics and practicing 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.
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:
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.
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|
|1||Accounting for Managerial Decisions|
|3||Computer Applications in Business|
|4||Corporate Financial Accounting|
|5||Corporate Legal Environment|
|6||Corporate Tax Planning|
|8||Economics of Global Trade and Finance|
|10||Management Concepts and Organization Behaviour|
|1||Banking & Finance|
|2||Commercial Bank Management|
|4||Financial Bank Management|
|6||Human Resource 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|
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 honors 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. The 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.
The candidate can register for M.Com in their preferred college through Online/ Offline mode
After filling in the application form, the candidate will be selected according to the guidelines provided by the college. The candidate has to fulfill 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 course is a course of many specializations. Some of the specialization options available for the aspirants of M.Com course are:
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:
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.
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|
Some of the colleges provide education in distance mode for M.Com course. The top colleges in India offering distance M.Com course include:
|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.|
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.
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.
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.
Students should have scored good marks in their graduation. No entrance was taken but a scholarship entrance exam is held on behalf of the university for students excelling in academics.
You just have 50% marks in graduation that is must and there is no entrance exams and no cutoffs. Chandigarh University is the best platform for all those student who wants make their future bright.