MCom: Full Form, Eligibility, Fees, Subjects, Top Colleges, Jobs, Salary

M.Com full form is Master’s of Commerce. M.Com degrees are most desirable among future teachers/lecturers and researchers. Popular alternatives for M.Com degree holders include UGC-NET/JRF and Ph.D. Admission to top colleges for MCom is done through an entrance test. Many colleges provide admission to the programme based on merit.

M.Com in India can be studied full-time, part-time, through distance or correspondence, or online. In India, there are over 3500 private, government, and public-private MCom colleges that provide the programme.

Related Article: Best Courses after B.Com

What is M.Com Course?

M.Com is a postgraduate degree that lasts one to two years and is one of the most prestigious degrees in the world of business. A master’s programme in commerce like this one seeks to establish a clear foundation of money and banking, macro and microeconomics, trade and business, accounting and finance during the course of this time. MCom, as a specialty course in commerce, involves students in developing both professional and research abilities. During the first year of this degree, students get acquainted with a variety of topics of business. However, later on, one is given the option of selecting a certain subject as their primary field of expertise. Continue reading to have a better understanding of it.

Related Article: Chartered Accountant (CA) Salary in India

M.Com Course Details

Why Choose M.Com?

• New Job Opportunities
• A Secure Salary
• A stepping stone
• Managerial Development
• A Safety Net
• MCom Specializations

M.Com Couse: Eligibility Criteria 2024-25

The qualifying conditions for MCom may range from one college to the next. The following are the basic eligibility criteria for pursuing the MCom course:

·       A minimum of 50% aggregate in BCom or BCom (Honours), or equivalent, from a recognised university is required.

·       Some colleges additionally admit students who have passed Economics (H), BBA, BFIA, and BBE with a minimum aggregate score of 60% or higher.

·       Students from the reserved category are eligible to a 5% grade reduction.

·       State institutions often provide home-state students with grade reductions.

M.Com Course: Admission Process 2024

How to Apply?

Entrance examinations are used to determine MCom admission. The steps below will walk you through the MCom Admissions process in 2024.

·       Choose the MCom colleges to which you wish to apply. Examine their application procedure and deadlines.

·       Candidates must first register and apply for the entrance tests for colleges and institutions that grant admission through them.

·       After completing the application form for the admission test with all of the essential information, pay the application cost.

·       Download the application form after confirmation for future reference.

·       Keep an eye on the examination/official college’s website for admission cards and other vital news.

·       After passing the MCom entrance tests, students must fill out the application form for the colleges/universities of their choice, together with their personal information such as entrance exam score, academic credentials, and so on.

·       If the students meet the college’s eligibility requirements, they will be summoned to a written exam or interview rounds (direct admissions) to complete the admission process.

·       Candidates must pay the college’s entrance fees in order to be admitted.

List Of M.Com Entrance Exams 2024-25

1.       DU M.Com

2.       Allahabad University PGAT (M.Com)

3.       ANUPGCET 2024 Entrance Exam (M.Com)

4.       Kurukshetra University M.Com Exam

5.       OUCET M.Com Entrance Exam

6.       PESSAT 2024 M.Com Entrance Exam

7.       Jain Entrance Exam

8.       JNU EEE 2024 Exam

9.       KU PGCET Exam

10.   AUCET Entrance Exam

M.Com Specializations List

The table shown below shows the various types of M.Com specializations available to a student.

Types of M.Com Courses

M.Com is one of India’s most popular academic programmes. The MCom course provides options for a variety of specialties as well as several versions of the course that applicants can pursue based on their time, skill, and eligibility. The many types of MCom courses are listed further below.

·       Full Time M.Com Course

·       Part-time M.Com Course

·       Distance M.Com Course

M.Com Syllabus and Subjects

The M.Com programme is divided into 2 years. During their first year, students are introduced to Finance, Accounting, and Commerce, with a focus on commerce in the business sector. In the second year, the full M.Com course is stressed, with an emphasis on banking, finance, capstone projects, and real-life initiatives. The M.Com programme strives to provide students with all of the information they need to excel in their chosen careers.

M.Com Syllabus and Major Subjects

The M.Com programme is aimed to provide students with the technical expertise needed to work in the finance industry. The entire course is built around financial and business ideas. The M.Com programme also includes specialisations, internships, and real-time collaborative projects with businesses. Students can select electives depending on their preferences and interests in order to advance their career growth and goals.

List of M.Com Subjects:

• Corporate Governance
• Management and Financial Accounting
• Marketing Management
• E-Commerce
• Computer Applications in Commerce
• Business Environment & Policy
• Management of Nonprofit Organizations
• Organization Behavior and Management Process
• Research Methods & Statistical Techniques
• Financial Management
• Elements of Income Tax
• Management of Financial Services
• Managerial Economics
• Managerial Communication
• Mergers & Acquisitions
• International Trade Theory & Practice

A complete M.Com syllabus organised by semester is provided below:

M.Com Second Year Syllabus

Top M.Com Colleges In India

There are a number of top colleges spread throughout the country that provide MCom Course. Below is a list of MCom colleges in top 6 cities in india along with its course fees and placements. Go through tables and check out the best options available to you.

The Top M.Com Colleges in Delhi are listed below

Top M.Com Colleges in Mumbai

List of M.Com Colleges in Chennai

List of M.Com Colleges in Bangalore

List of M.Com Colleges in Hyderabad

List of some of the Top MCom colleges in Pune

MCom Top Recruiters

The following are the top firms that recruit MCom postgraduate students from various institutions in India, including banks, global corporations, financial firms, and auditing firms:

Jobs After MCom

Few of the popular MCom career options are mentioned below:

What After MCom?

Students with an MCom degree have a range of alternatives for further study, including research, teaching, and other industry specialties. Following MCom, the most prevalent courses are:

·       CA (Chartered Accountancy)

·       CFA (Chartered Financial Analyst)

·       PhD (Doctor of Philosophy) in Statistics, Economics, Accountancy, Finance, and other fields.

·       MBA (Master of Business Administration)

·       PGDM (Post Graduate Diploma in Management)

·       PGPM (Post Graduate Program in Management) for entry into the corporate industry

·       CMA (Certified Management Accountant)