Masters of Commerce or M.Com is the best course after B.Com. It is a professional postgraduate course that comes up with a duration of 2 years. M.Com graduates can work in any of the sectors irrespective of their background, whether it is government or private. In this course, the students analyze subjects related to commerce like accounting for managerial decisions, computer applications in business, etc. It provides in-depth knowledge about the field.
After pursuing an M.Com course, a student has a wide scope in terms of career as well as job opportunities. Students can easily get a job, especially in the field of finance and accounting.
For Students who wish to pursue a Ph.D. in the future, he/she can pursue an M.Com before that to have in-depth knowledge of the field.
After M.Com
M.Com degree holders have ample scope of the job in the economics and corporate sector. There are lots of job opportunities in the private & public sectors after completes an M.Com degree. Individuals can grab a job in private banks, government banks, Civil Services, Indian Statistical Services, Indian Economic Service, teaching, and so on.
After completing M.Com, students can go for various courses. Some of the best available courses include:
- Doctorate Degree
- Certificate Course in Banking, Stock Market, Derivatives, Income Tax
- Chartered Financial Analyst
- Company Secretaries
Job Positions | ||
Investments Analyst | Accounts Assistant | Investment Banker |
Assistant Accountant | Market Analyst | Accountant |
Marketing Manager | Business Analyst | Money Manager |
Cashier/Teller | Operations Manager | Corporate Analyst |
Top Employment Organizations | ||
KPMG | JP Morgan | Barclays |
Wells Fargo | Reliance | Tata |
Reserve Bank of India | Securities and Exchange Board of India |
M.Com Specialization
M.Com Specialization | ||
M.Com (Taxation) | M.Com (Economics) | M.Com (Mathematics) |
M.Com (Accounting) | M.Com (Accounting & Finance) | M.Com (Statistics) |
M.Com (Banking) | M.Com (Finance) | M.Com (Banking and Finance) |
M.Com (Finance & Control) | M.Com (Marketing) | M.Com (E-Commerce) |
M.Com (Business Management) | M.Com (Computer Application) |
Some of the top BVSc Specializations are discussed below:
- M.Com Taxation: Master of Commerce (M.Com) in Taxation is a course that deals with the income tax. It imparts the basic knowledge of the technical, conceptual, and research issues in tax and taxation and provides training in the practical and procedural aspects of taxation. The course provides students with management, communication, interpersonal, and moral skills for supervisory-level positions.
- M.Com Economics: Master of Commerce (M.Com) in Economics develops the ability and capacity of a student on an advanced level in the analysis, interpretation, and understanding of economic principles.
- M.Com Accounting & Finance: Master of Commerce (M.Com) in Accounting & Finance focuses on the systematic study of the concepts in the specialized subjects and topics related to the fields of Accounting and Finance. It covers the study of principles of accounting, financial planning, economic theory, micro, and macroeconomics, money and banking systems, knowledge about business, trade, and its characteristics and policies involved, etc.
- M.Com Banking and Finance: Master of Commerce (M.Com) in Banking & Finance is the study of the concepts of Banking, Banking Law, Finance, and Financial Management. It focuses on the systematic study of the concepts in the specialized subjects and topics related to Banking & Finance circles.
- M.Com Finance: Master of Commerce (M.Com) in Finance deals with financial issues like budgeting and other finance-related issues of an organization or a company. It covers subjects such as Financial Accounting and Packages, Banking & Technology, Insurance and Risk Management, Portfolio Management, etc.
M.Com Syllabus
M.Com offers a variety of courses within 2 years such as:
Year I | ||
Business Environment | Corporate Accounting | Managerial Economics |
Organization Behavior | Statistics for Decision Making | Advanced Financial Management |
Corporate Reporting Practices | Information Technology and Business | Insurance |
Management Thought, Process, and Practice | Marketing Management and Policy | NGO Management |
Open (Three courses to be offered) | Service Management | Tax Planning and Management |
Year II | ||
Business Survey and Research | Cost and Management Accounting | Entrepreneurship |
Financial Risk Management | Financial Markets and Instruments | Industrial relation |
Management of Small Enterprise | Open (Three courses to be offered) | Marketing Research |
Organizational Development and Change | Human Resource Management | International Business |
Project Planning & Control | Security Analysis & Portfolio Management | Strategic Management |
M.Com Eligibility
The Eligibility Criteria for admission in M.Com are as follows:
- Candidates must have passed a B.Com or B.Com (Hons.) or equivalent from a recognized board with a minimum aggregate marks criteria provided by the examining authority of government, universities/institutes, etc.
- Relaxation of 5% to 10% is provided for the candidates belonging to SC/ST/Other Backward classes.
M.Com Admission Process
Admission in the M.Com course (Masters of Commerce) is based on a merit list prepared on the basis of the last qualifying exam or entrance exam conducted by the universities/institutes. Given below is the admission process for joining the course in some of the top M.Com colleges in India:
Admission process merit list for M.Com courses
- Students have to do the registration from online/offline modes.
- They have to pay the application fee as per the guidelines of the institute/university.
- The institute releases the merit list based on the last qualifying exam scores.
- The last step is the Document verification and fee payment.
Admission process entrance exam for M.Com courses
- Students have to appear in the entrance exam, which is conducted by the state or the university.
- After which, the merit list has been prepared based on the student's performance in the entrance exam.
- Students have to go through the counselling process or remaining selection process as per the guidelines of the college or university.
- Selected students have to submit the documents and fees as per the guidelines of the university or college.
M.Com Entrance Exams
Almost every other colleges and universities across India offer admission in M.Com courses based on the merit list, prepared on the basis of marks of the candidates in the entrance exam and the last qualifying examination. Some universities like Banaras Hindu University (BHU), Delhi University (DU), Allahabad University, etc. conduct their own national level entrance exams to provide admissions to the students in the M.Com program.
Exam | Full Name | Conducting Authority |
AU PGAT | Allahabad University Post Graduation Admission Test | University of Allahabad |
AUCET | Andhra University Common Entrance Test | Directorate of Admissions, Andhra University, Visakhapatnam |
CUCET | Central Universities Common Entrance Test | Central University of Rajasthan |
PU CET PG | Panjab University Postgraduate Common Entrance Test | Panjab University, Chandigarh |
DUET | Delhi University Entrance Test | Delhi University |
BHU PET | Banaras Hindu University Postgraduate Entrance Test | Banaras Hindu University |
Top M.Com Colleges in India
Listed below are some of the top colleges students can opt from for pursuing their M.Com.
- Sri Ram College of Commerce (SRCC), Delhi
- Hansraj College, Delhi - University of Delhi
- Stella Maris College, Chennai
- Symbiosis College of Arts and Commerce
- St. Joseph College of Commerce (SJCC Bangalore), Bangalore
- Narsee Monjee College of Commerce and Economics (NMCCE), Mumbai
- Loyola College, Chennai
- Madras Christian College - MCC, Chennai
- Loyola College, Chennai
- Hindu College, New Delhi