Update on 02 Jun, 2023
5 min read
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 that trains applicants for a career in the finance and corporate sector.
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, and Manchester Bank are some major recruiting and employment partners for M Com professionals.
Enchanting the routes of trade in the '90s was a major boon for the Economic sector in terms of growth and employability, and that's one of the reasons to pursue a Master's in the field of Commerce.
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, and 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, and 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.
The aspirants can register for M.Com in their desirous 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 completing all the selection rounds, the candidate will get the results regarding admission.
The syllabus for 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)
Part B (Optional Subjects)
Apart From These Aspirants Have to Choose One Optional Group Out Of the following:
|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|
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 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.
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