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MCOM

Masters in Commerce

Masters of Commerce is a Post- graduate Master’s degree which focuses on commerce, accounting, management and economics related subjects. It is 2 year course offered by various colleges and universities. The course mainly includes thesis based component and there may be some research based elements included.

The admission is generally through a common entrance test conducted by various universities accordingly. Certain universities also offer merit-based direct admission.

The average tuition fee for this course ranges between 3,700 INR to 12,000 INR for 2 years.

Master of Commerce is one of the prestigious courses in the country. The program is well received in the industry and for years had been serving the needs of managerial cadre in business and industry. It is a notch higher than a Bachelor degree in Commerce and helps build an in-depth knowledge about various commerce and trade practices.

It is a specialized course which prepares an individual for a career in finance and corporate sector.

M.Com. is a post-graduate program which is offered at the university level in India. There are many Universities offering M.Com. in India. Some of these universities are:

  • University of Delhi.
  • Central University of Rajasthan
  • Amity University, Noida
  • Bangalore University
  • Amity University, Delhi
  • University of Mumbai

Duration & Eligibility

The course is of 2 years duration in which each year is comprised of two semesters with various subjects based on thesis and research work according to the curriculum of university.

For admission to M.Com. Program, a student must have a Bachelor degree in Commerce with a minimum of 50% marks. Passed B.Com. (Hons.) Degree from any recognized university equivalent thereto, with at least 50% marks. Certain universities also admit students with a B.A. Economics (Hons.) degree.

Students who have passed B.B.S., B.B.A., B.F.I.A. and B.B.E. with at least 60% marks can also apply.

 Get Admission in Master of Commerce

The general process for admission to M.Com. course is through an entrance test. The eligibility for appearing in the entrance test is a minimum of 45% marks in Bachelor’s degree.

Common Entrance Test is generally objective type and is of maximum 100 marks. The questions are based on the following topics.

  • Logical Reasoning
  • Quantitative Aptitude
  • English Language
  • General Knowledge

After Entrance test students are shortlisted for Group Discussion and Personal Interview round. Some universities may not conduct Group Discussion.

There is no minimum or maximum age bar for this course generally.

Universities such as University of Delhi also offer direct admission to M.Com. program. Direct admissions are offered according to the merit in undergraduate degree. Generally students with a first class degree in B.Com. are given direct admission to the M.Com. program.

Academic Options after M.Com.

M.Com is a post graduate course done after B.com which is an undergraduate course. After M.Com., students can opt for MBA OR LLB, Doctor of Commerce (D.Com.), Doctor of Business Administration (DBA), or a Doctor of Philosophy (PhD). MBA is being offered by many Top Universities all over India including Indian Institute of Management (IIM) and Symbiosis Institute of Business Management, Pune (SIBM).

 

After completion of Master of Commerce program, a student can find employment in both Private and Public Sector.

An M.Com. degree holder can look for a career opportunity in public sector in various nationalized banks like State Bank of India, Union Bank etc. Railway Recruitment Board recruits these postgraduates for the post of Assistant Accounts/Audit Officer.

In Private Sector too, they can find employment in many roles such as:

  • Accountant
  • Finance manager
  • Operation manager
  • Financial analyst
  • Assistant finance manager
  • Account executive

They can also join Heavy Engineering Corporation Limited (HEC Ltd) as Accounts assistant. With experience, they can move up to the position of Senior Accounts Executive, Senior Executive of Corporate Sales or even ERP Functional Executive.

Top Recruiting Companies for M.Com.

Some of the top recruiters in private sector for M.Com. are:

  • YES Bank
  • Canara Bank
  • Export –Import Bank, India
  • Snap deal
  • Hindustan Unilever Ltd.
  • Nestle India
  • Cadbury India
  • Asian Paints India

The percentage of jobs available with various private sector companies is given below.

Company’s Name Placement (%)
Hindustan Unilever Ltd 21
Nestle India 16
Cadbury India 42
Asian Paints (India) 11
Snapdeal 5
Private Bank 5

 

Remuneration

An M.Com. graduate can look for a career opportunity in public sector in various nationalized banks like State Bank of India, Union Bank etc. or in private sector in roles like Assistant Manager, Company Law Assistant, Junior Accountant, Relationship Manager, Sales Officer (accounts). The average starting salary after Post graduation in commerce ranges from 15,000 INR to 25,000 INR.

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