M.Phil Commerce Jobs, Scope, Salary in India 2024

Updated on - Jan 4, 2023

M.Phil in Commerce jobs are available in both the public and private sectors with better salaries. M.Phil in Commerce career scope in many industries such as healthcare environments including Consultancy, Educational Institutes, Human Services Industry, Law Firms, Magazines, Newspapers, Publishing House, Research and Development Institutes.

Career Prospects and Job Scope for M.Phil in Commerce

M.Phil in Commerce job scope in India is available in a multitude of sectors that seek individuals who have completed their course. Master of Philosophy in Commerce course ensures that jobs is handed out keeping into consideration the specialization and skills of the graduates. Some of the top jobs offered to people who are looking for a career option after M.Phil in Commerce are:

Lecturer
Speaker
Finance Manager
Assistant Professor
Consultant
Human Services Worker
Scientist
Social Service Workers
Research Assistant

Areas of Recruitment for M.Phil in Commerce

M.Phil in Commerce scope lies in both private and government institutions. In this way, it can be said that it offers various scope after M.Phil in Commerce students. Some of the areas of recruitment for graduates are:

Consultancy
Educational Institutes
Human Services Industry
Law Firms, Magazines
Newspapers
Publishing House
Research and Development Institutes

Salary Packages for M.Phil in Commerce

According to PayScale, M.Phil in Commerce salary in India starts around INR 2 - 15 LPA. M.Phil in Commerce salary in India per month for graduates depends upon the level of education, grades and skills acquired. Some job designations with offered salaries are:

Job Roles	Average Annual Salary
Lecturer	INR 8 LPA
Consultant	INR 12 LPA
Finance Managers	INR 9.5 LPA
Accountants	INR 2.4 LPA

Source: Glassdoor

Government Jobs After M.Phil in Commerce Salary for Graduates

M.Phil in Commerce scope in India is massive for students based on their specializations. Many organizations owned by the Government of India hire M.Phil in Commerce graduates in a variety of job designation. M.Phil in Commerce in India is around INR 1- 10 PA (Source: Glassdoor). Some M.Phil in Commerce job India salaries are:

Job Roles	Annual Salary
Lecturer	INR 6 LPA
Consultant	INR 10 LPA
Finance Managers	INR 8.5 LPA
Accountants	INR 1.4 LPA

Source: PayScale

Private Jobs for M.Phil in Commerce Graduates

A wide M.Phil in Commerce course scope for graduates is available in the private sector for post-graduates. The starting M.Phil in Commerce average salary is around INR 4 - 15 LPA (Source: Glassdoor). Some of the job designations with their salaries are:

Job Roles	Annual Salary
Lecturer	INR 9 LPA
Consultant	INR 13 LPA
Finance Managers	INR 10.5 LPA
Accountants	INR 4.4 LPA

Source: PayScale

Job Opportunities Abroad for M.Phil in Commerce Graduates

M.Phil in Commerce job in India is available abroad all over the world. Many graduates hope to gain transfers abroad by joining associate companies. Students have always strived for proceeding with their studies or joining temporary jobs to hone their skills, even more, to aim for better-paying jobs.

Top Companies

Check the list below for the top organizations that hire M.Phil in Commerce Graduates:

Siemens
Toshiba
Jacobs
GE Global Research
Reliance Industries
Tata Motors
Indian oil

Best Countries for M.Phil in Commerce

Below are the top countries with a great scope of M.Phil in Commerce in the future for graduates:

Canada
India
China
France
New Zealand
United States
Australia
Japan

Various Career Designations Abroad for M.Phil in Commerce Graduates

There are many prospects for careers after M.Phil in Commerce which is beneficial and provide for enormous salaries. Many interesting job profiles attract M.Phil in Commerce graduates to work abroad:

Lecturer
Speaker
Finance Manager
Assistant Professor
Consultant
Human Services Worker
Scientist
Social Service Workers
Research Assistant

Best M.Phil in Commerce Graduates

Many famous financial managers around the world have become very famous owing to their contribution to the field of commerce. Financial Managers are responsible for the accounts and finance of companies, and therefore, have a big responsibility on their shoulders. Some of the top M.Phil in Commerce graduates are: