M.Com (Master of Commerce) Course - Check Course Fees, Duration, Eligibility, Colleges, Career & Scope 2022

Update on 20 Apr 2022

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M.Com (Master of Commerce) Course - Check Course Fees, Duration, Eligibility, Colleges, Career & Scope 2022

M.Com Course Details:

M.Com Course is a postgraduate academic degree that is awarded after successful completion of the 2-year program. Generally, aspirants choose M.Com after their completion of Bachelor of Commerce. M.Com degree serves as a foundation for further advanced areas such as Ph.D. and M. Phil degree in Commerce. The duration of the M.Com Course is 2-years. The study of M Com degree provides an insight into commerce, management, and economics as a whole. It is a specialized course which trains applicants for a career in the finance and corporate sector.

M.Com Course Comprises The Study Of Principles Of:

Accounting
Economic theory
Micro and macroeconomics
Money and banking systems
Knowledge of business
Trade and its characteristics
Politics

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. Renowned and acknowledged banks like Standard Chartered Bank, Yes Bank, Manchester Bank are some major recruiting and employment partners for M Com professionals. Enchanting the routes of trades in the '90s was a major boon for the Economic sector in terms of growth and employability, and that's being one of the reasons to pursue a Master's in the field of Commerce.

Reasons to M.Com Course:

There is no business that does not need an accountant. Corporate financial accounting and Corporate Tax Planning are some of the necessities of the modern-day business sector in terms of auditing the financial sector in the organization. Accounts Assistant, Accountant, Business Analyst, Financial Analyst job profiles, are some major recruitments being conducted on the campuses of Commerce in terms of employability perspective.

In the era of startups and the growth of entrepreneurship, designations such as Market Analyst, Operations Manager carry huge responsibility and are in demand which can be filled by the M.Com professional. Learners can either pursue their career or further study in Statistics, Taxation, Accounting & Finance, Banking, Insurance, etc. Law school is a very common destination nowadays for recent postgraduates in Commerce.

Eligibility Criteria for M.Com Course:

The basic eligibility criteria for pursuing an M.Com degree is to have a graduation degree in Commerce stream. As an alternative criterion, many universities accept any graduation degree with Honours in Economics or Business/Management Studies for admission to their M.Com degree.
A handful of reputed institutions and universities demand a minimum of 45-50% aggregate marks in graduation as a qualifying criterion to secure admission in their M.Com Degree course.
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.

M.Com Course Admission Procedure 2022:

The aspirants can register for M.Com in their desirous college through Online/ Offline mode:

Online Mode: The candidate has to log in to the official website of the college and fill in the important details.
Offline Mode: The candidate has to buy the application form from the college campus and fill in the details and submit it there.

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 completing all the selection rounds, the candidate will get the results regarding admission.

Entrance Examination for (M.Com) Master of Commerce:

Acharya Nagarjuna University M.Com Entrance Exam
Banaras Hindu University MCom Entrance Exam
Kannur University M.Com Entrance Exam
Aligarh Muslim University, Aligarh
Osmania University M.Com Entrance Exam Yashwant Rao Chavan Maharashtra Open University M.Com Entrance Exam
Tamil Nadu Open University M.Com Entrance Exam
Calicut University M Com Entrance Exam
Alagappa University M.Com Entrance Exam
Kakatiya University M.Com Entrance Exam
Jawaharlal Nehru University M.Com Entrance Exam
Indira Gandhi National Open University M.Com Entrance Exam
Bangalore University M.Com Entrance Exam
Indian Institute Of Management M.Com Entrance Exam
Guru Gobind Singh Indraprastha University M.Com Entrance Exam
Avinashilingam University For Women M.Com Entrance Exam
Assam University M.Com Entrance Exam
Annamalai University M.Com Entrance Exam
Andhra University M.Com Entrance Exam
Punjab University M.Com Entrance Exam
Rajiv Gandhi University M.Com Entrance Exam
Shivaji University Master of Commerce Entrance Exam
Karnataka State Open University M.Com Entrance Exam
Aligarh Muslim University, Aligarh

M.Com Course Syllabus and Subjects:

The syllabus of Masters of Commerce is divided into two in Part-A there are compulsory subjects which have to be studied by the aspirants and in Part-B there is the choice in the optional group.

Part-A (Compulsory Subjects)

Accounting for Managerial Decisions
E-Commerce
Managerial Economics
Marketing Management
Statistical Analysis
Business Environment
Computer Applications in Business
Corporate Financial Accounting
Corporate Tax Planning
Economics of Global Trade and Finance
Financial Marketing
Management Concepts and Organization Behavior
Strategic Management
Corporate Legal Environment

Part- B (Optional Subjects)

Banking & Finance
Commercial Bank Management
Entrepreneurial Management
Financial Bank Management
Financial Markets
Human Resource Management
International Finance
Investment Management
Research Methodology in Commerce

Apart From These Aspirants Have to Choose One Optional Group Out Of the following:

Parts	Optional Subjects
A	Optional Group: Accounting and Finance
	Accounting for Managerial Decision, Advanced Financial, Accounting Corporate, Financial Accounting, Financial Institutions, Markets Project Planning, Control Security Analysis and Portfolio Management
B	Optional Group: Marketing
	Advertising & Sales Management Consumer Behavior and Marketing Research
C	Optional Group: International Marketing
	Foreign Trade Policy, Documentation of International Business, Procedures, Environment International Marketing
D	Optional Group: Statistics

Illustrious Colleges offering M.Com Course:

Lady Sriram College for Women, New Delhi
Christ University, Bangalore
Loyola College, Chennai
St. Xavier's College, Kolkata
Anil Surendra Modi School of Commerce, Mumbai
Symbiosis College of Arts & Commerce, Pune
Hans Raj College, Delhi University
Madras Christian College, Chennai
St. Joseph's College of Commerce, Bangalore
Sri Ram College of Commerce (SRCC), New Delhi

M.Com Course - Career Prospectus:

After completion of the M.Com program, aspirants can find employment in both the Private and Public Sectors. An M.Com. degree holder can look for a career opportunity in the public sector in various nationalized banks like State Bank of India, Union Bank, etc. In addition to this, students of M.Com can even apply for jobs within the Government sector. UPSC is a major recruiter of M.Com scholars, providing a lucrative and fruitful salary package. Many reputed companies and organizations in today’s life are looking for specialized and expert marketers to get higher profits in a smarter way.

M.Com Course Career & Scope:

Finance, Commerce and the Banking Sectors
Research Associates with Economic Consulting Firms
Economic Consulting Jobs
Customs Department
Import/Export Companies
Indian Civil Services
Indian Statistical Services
Indian Economic Services
Insurance Industry

Job Types for M.Com Professionals:

Accounts Assistant
Accountant
Senior Accountant
Money Manager
Corporate Analyst
Investment Banker
Executive Assistant
Account Executive
Finance Manager
Financial Analyst
Financial Controller

Top Recruiting Companies for M.Com Graduates:

YES Bank
Canara Bank
Export-Import Bank, India
Hindustan Unilever Ltd.
Cadbury India
Asian Paints India
Genpact
Accenture
Tech Mahindra Ltd
Amazon

Job Opportunities & Salary Package for MCom Graduates:

M Com presents plenty of career opportunities to the aspirants. Banks and Financial organizations majorly hire these candidates. Central Government companies offer numerous opportunities with basic pay at the entry-level is of Rs. 20,000 to Rs. 30,000 per month. Employees get grade promotions in the job and hence see the hike in the salary. In addition to this, working in a government organization comes with a lot of perks like gratuity funds, travel allowances, etc. To secure a government job, the applicant needs to pass a few tests conducted by the government such as UPSC, SSC, State PSC, etc.

The private sector has always maintained a standard of paying more than the Government sector. The same is the case here a master's degree holder in a private sector company gets paid around Rs 50,000 to Rs. 80,000 per month. Applicants with expertise and proficiency can easily earn up to a 6-figure income. The salary of M.Com graduates also varies according to the profile they are working in and knowledge.