MCom Placements 2024: Reports, Highest & Average Packages in Top Colleges

Duration: 2 Years
Avg Fees: ₹5K - 2 LPA
Sakshi Chaudhary
Sakshi Chaudhary

Updated on - Jan 2, 2024

Latest Updates for M.Com

  • 27 April 2024 :

    IPU CET 2024 exam is scheduled from Apr 27 - 30, 2024.

  • 25 April 2024 :

    ICAI announced the Foundation enrolment cutoff date for the Sep exams, The registration for Sep 2024 exam is May 1, 2024.

  • 24 April 2024 :

    ICSI CSEET Admit Card 2024 for May session has been released on Apr 24, 2024.

  • 23 January 2024 :

    NPAT application form 2024 can be submitted till May 20, 2024.

MCom placements in India vary based on the student's specialization, industry demand, college ranking, and the economic status of the country. In India, MCom Accounting and Finance specialization offers students the highest placement packages going up to INR 35 LPA in HR College of Commerce and Economics, Mumbai. On the other hand, students who want to specialize in Taxation can expect the highest package up to INR 22 LPA, offered by KJ Somiya College, Mumbai.

Through MCom placements, candidates can join various positions such as finance executive, assistant manager, data analyst, and more. Yearly placements are conducted at the end of the final semester for the MCom course students. MCom colleges like IPS Academy, Amity University, and LNCT offer placements at prominent companies such as Apollo, Infosys, Dabur, Cognizant, and others.

Table of Contents

Top 10 M.Com Colleges in India with Highest Placements

Some of the top colleges in India like Hindu College, Hansraj College, Shri Ram College of Commerce, etc, offer attractive MCom placements with the highest salary packages going up to INR 25 LPA or more with top companies from a variety of sectors.

Below is the list of top colleges along with the MCom placement salary packages in India:

NIRF Ranking 2023

M.Com Colleges

Average MCom Placement Package

Highest Placement Package

2

Hindu College

INR 8.40 LPA

INR 36.60 LPA

4

PSGR Krishnammal College for Women

INR 4 LPA

INR 12 LPA

6

Atma Ram Sanatan Dharma College

INR 7.5 LPA

INR 8 LPA

7

Loyola College

INR 3.36 LPA

INR 8.16 LPA

10

University of Hyderabad

INR 4.45 LPA

INR 18 LPA

11

Hansraj College

INR 7.9 LPA

INR 36.5 LPA

12

SRCC

INR 8 LPA

INR 26 LPA

15

Mithibai College

INR 7 LPA

INR 19.5 LPA

16

Madras Christian College

INR 2 LPA

INR 6 LPA

18

BHU

INR 4.20 LPA

INR 9.15 LPA

MCom Placements in Top Private Colleges

Some of the top colleges which are privately run, conduct MCom placements annually, wherein the yearly average salary package ranges from INR 2 LPA to INR 9 LPA. Below listed are a few top private colleges offering MCom Placements along with their average and highest packages:

College Name

Top Recruiters

Average Placement Package 2023

Highest Placement Package 2023

Stella Maris College Chennai

EY, Axis Bank, Google

INR 3.82 LPA

-

NM College of Commerce & Economics

Reliance, Deloitte, TATA Capital

INR 4.25 LPA

INR 19.25 LPA

Christ College

TCS, Goldman Sachs, Amazon

INR 3 LPA

INR 18 LPA

Symbiosis College of Arts and Commerce

Northern Trust, ICICI Bank, Deutsche Bank

INR 4.87 LPA

INR 6.65 LPA

St. Joseph's College of Commerce

JP Morgan, Grant Thornton, TATA Capital

INR 5 LPA

INR 6 LPA

MCC Bangalore

PWC, Yes Bank, SAP Labs

INR 2.9 LPA

INR 7.5 LPA

Amity University Noida HDFC Bank, ICICI Bank, Axis Bank

INR 4.50 LPA

INR 30 LPA

MCom Placements in Top Government Colleges

On the other hand, government colleges offer MCom placements, with an average package ranging between INR 2-8 LPA, and highest packing up to INR 26 LPA. Some of the renowned colleges under government authority are mentioned below with their highest and average placement packages. 

College Name

Top Recruiters

Average Placement Package 2023

Highest Placement Package 2023

Ramjas College

HDFC, ICICI, etc.

INR 5.6 LPA

INR 19.25 LPA

Central University of Jharkhand

Axis Securities, ICICI Bank, etc.

INR 3 LPA

INR 7 LPA

Kurukshetra University

ICICI Bank, HDFC Bank, Axis Bank, Vardhman Group, IBM, etc.

INR 2-4 LPA

INR 8.50 LPA

Motilal Nehru College

Genpact, Max Insurance, etc.

INR 6.8 LPA

INR 18.7 LPA

Specialization-Wise MCom Placements

The salary derived from MCom placements varies for each specialization. This is due to the ever-changing demands of the industry. Hence, candidates must keep a note of the Specialization-Wise MCom placements below.

M.Com Accounting and Finance Placements

An M.Com in Accounting and Finance deals with teachings related to financial matters, taxation, and accounting. Some of the top recruiting companies hire candidates for investment firms, banks, insurance companies, etc. Job positions through M Com placements are Accountant, Operations Manager, Investment Banker, and others. 

Below listed are a few best MCom Placement colleges in the field of Accounting and Finance:

College

Top Recruiters

Average Placement Package 2023

RA Podar College

JP Morgan, Deutsche Bank

INR 12 LPA to INR 23 LPA

HR College of Commerce and Economics

TATA, Hiranandani Group

INR 2 LPA to INR 35 LPA

Ethiraj College Chennai

Deloitte, EY

INR 1 LPA to INR 5 LPA

MCom Computer Application Placements

MCom in Computer Applications is a subject for candidates willing to acquire knowledge of computer applications. Candidates can join as Budget analysts, management consultants, and mobile app developers through MCom placements.

Below listed are a few colleges that offer placement after MCom degree in Computer Application:

College

Top Recruiters

Average Placement Package 2023

KJ Somaiya College

SBI, Zomato, HUL

INR 12.47 LPA to INR 22.5 LPA

Kristu Jayanti College

Bank of Baroda, IBM, HSBC

INR 3 LPA to INR 6 LPA

Goenka College of Commerce

Deloitte, EY, PWC

INR 4 LPA to INR 21 LPA

MCom Taxation Placements

The MCom Taxation specialization is designed to teach candidates about tax reviews, taxation problems, and more. Once candidates graduate in MCom Taxation they can join as Tax Collectors, Risk Analysts, Financial Analysts, etc. Some MCom placement packages offered by colleges are mentioned below.

College

Top Recruiters

Average Placement Package 2023

KC College

Adani, Yes Bank, Axis Bank

INR 4.5 LPA to INR 5 LPA

St. Anne’s College

ADP, Infosys, TCS

INR 7 LPA

Women’s Christian College

Ashok Leyland, Cognizant, Wipro

INR 2.5 LPA to INR 3.6 LPA

MCom Marketing Placements

M.Com placements in Marketing range from INR 4.5 LPA to INR 8 LPA for candidates with skills in marketing in commerce and finance sectors. Some job roles they are recruited for are Communications Manager, PR Manager, Teacher Management Associate, Business Manager, etc.

Below listed are a few colleges that offer placement after MCom degree in Marketing:

College

Top Recruiters

Average Placement Package 2023

Guru Nanak College

IDBI, HCL Technologies, MetLife

INR 2.45 LPA

BK Birla College of Arts Science & Commerce

TCS, Capgemini, Infosys

INR 1.5 LPA to INR 6.5 LPA

Sri Krishna Arts and Science College

Aditya Birla, Sutherland, Tech Mahindra

INR 3 LPA to INR 7 LPA

MCom Economics Placements

MCom placements after specialization in Economics will present opportunities for students as Economists, Financial Analysts, Economic Researchers, and more. DU MCom Placements in Economics specialization is known for the opportunities it offers to students in terms of companies and packages.

Below listed are a few top colleges that offer placement in MCom Economics:

College

Top Recruiters

Average Placement Package 2023

Indian Institute of Management and Commerce

Optum, EY, Accenture

INR 3 LPA to INR 5.5 LPA

St. Mira’s College for Girls

Tata, Cognizant

INR 20 LPA

Department of Commerce, Delhi University

JP Morgan, Reliance, Citi Bank

INR 6 LPA to INR 10 LPA

Salary Offered to MCom Graduates in India

The average MCom graduate salary in India ranges from INR 4 - 10 LPA (Source: Payscale). The graduates after having 3+ years of experience can earn more than INR 10 LPA with roles like financial analyst, corporate finance manager, investment banker, etc.

Below listed are a few top job roles offered to MCom graduates along with their entry-level and experienced salaries:

MCom Job Roles Entry Level Salary Salary After 3+ Years of Experience
Accountant INR 3-5 LPA INR 5-8 LPA
Tax Consultant INR 4.50 LPA INR 7-12 LPA
Treasury Manager INR 5-7 LPA INR 8-14 LPA
Cost Accountant INR 5.20 LPA INR 10-12 LPA
Market Research Analyst INR 4.50 LPA INR 9-12 LPA

Read More: MCom Salary in India

Top MCom Recruiters with Best Placement Packages in India

The top companies recruiting via MCom placements in India belong to the finance, tax, insurance, banking, retail, communication sectors, and more. Below is the list of top recruiters offering the highest MCom packages:

Top Recruiters

Average Salary

DuPont INR 8.40 LPA
ABC INR 12-13 LPA
GE INR 14 LPA
Amazon INR 11.71 LPA
Barclays INR 12.36 LPA
UBS INR 11.05 LPA

Also, Check: Courses and Career options After M.Com

Strategies to Prepare for MCom Placements

In order to crack good placements a strategic approach is required by the students consisting of developing soft skills and having a strong command over subject knowledge. Below listed are a few strategies that can be used to prepare for M.Com placements:

  • Building Marketable Skills: The students should focus on having an edge in a competitive market by having strong skills related to business management, data analytics, financial analysis, etc.
  • Gain Practical Experience: Companies prefer students who have a practical experience in the field along with academic qualifications which can be gained through internships and short term projects with industries.
  • Good Resume and Cover Letter: The candidate should have a well-drafted resume and cover letter highlighting their skills, internships, academic achievements, etc. The candidate should personalize the cover letter as per the job opportunity they get.
  • Mock Interview Preparation: The candidates should give mock interviews with career consultants, mentors, or peers to practice interviewing techniques.

Top Commerce Entrance Exams

M.Com Fee Structure

FAQs

Which are the top companies that hire in SRCC MCom Placements drive?

The top companies that come in SRCC MCom Placements drive are KPMG, EY, ICICI Bank, HDFC Bank, etc.

What is the average package BHU MCom Placement offers?

The average package of BHU MCom placement is between INR 4-8 LPA.

What is the average package Big 4 offers to MCom graduates?

The average package that BIg 4, known as PWC, KPMG, EY, and Deloitte, offers is between INR 5-12 LPA.

In order to crack Christ University MCom Placements what skill enhancement courses are provided by the college?

Christ University offers skill enhancement courses in Business Analytics, Machine Learning, Financial Modelling Certification, etc.

Are there any particular businesses or sectors in India where placements for MComs are particularly competitive?

Yes, organizations in investment banking, management consulting, and multinational corporations offer the highest MCom placements in India.

Which colleges are best for MCom Placements?

Some of the best colleges for best MCom placements include Hindu College, Hansraj College, Mithibai College, Mumbai, etc.

What kind of soft skills are necessary for MCom placements?

Soft skills like problem-solving, communication, analytical thinking, flexibility, teamwork, and leadership are required by students during MCom placements.

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