M Com full form is Master's of Commerce. This postgraduate degree focuses on various aspects of commerce, economics, and business management. M Com degrees are the most sought-after 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.
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What is M Com Course?
M.Com is a postgraduate degree that lasts 2 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
Read the highlights of Master of Commerce in the given table below -
Highlights
Details
M Com Full Form
Master of Commerce
M Com Duration
2 years (typically divided into 4 semesters)
M Com Eligibility
Bachelor's degree in Commerce or related fields from a recognized university
M Com Key Subjects
- Accounting
- Finance
- Business Management
- Marketing
- Economics
M Com Specializations Offered
- Finance
- Human Resource Management
- Marketing
- Accounting
- Taxation
Mode of Study
Regular, Distance Learning, and Online programs
M Com Career Opportunities
- Financial Analyst
- Tax Consultant
- Banking Executive
- Business Manager
- Lecturer
M Com Average Fee Structure
₹20,000 to ₹1,00,000 per year (varies by institution)
M Com Top Institutions
- University of Delhi
- Jamia Millia Islamia
- University of Mumbai
- Pune University
M Com Entrance Exams
- CET
- CAT
- MAT
- university-specific entrance tests
Why Choose M Com?
- Specialized Knowledge: Develop a thorough comprehension of finance and business.
- Career options: Numerous opportunities are available after M Com, including positions in banking, consulting, and finance.
- Increased Earning Potential: More opportunities to make money than with undergraduate degrees.
- Skills Development: Develop your ability to think critically and solve problems.
- Research Opportunities: A route to a Ph.D. or other higher education.
Related Article: Best Jobs after B.Com by Salary
M Com Eligibility Criteria 2024-25
Here's a table outlining the eligibility criteria for the M.Com course in India:
Eligibility Criteria
Details
Educational Qualification
Bachelor's degree in Commerce (B.Com) or related fields (e.g., Business Administration, Economics) from a recognized university
Minimum Percentage
Generally, 50% to 60% aggregate score in the qualifying examination (varies by institution)
Entrance Exams
- CET (Common Entrance Test)
- CAT (Common Admission Test)
- MAT (Management Aptitude Test)
- University-specific entrance tests
M Com Course: Admission Process 2024
The M Com 2024 admissions procedure is as follows, including basic guidelines:
- Research Institutions: Locate colleges and universities that provide M.Com. programs.
- Verify your eligibility: Make sure you fulfill the requirements for qualifying (minimum percentage and educational credentials).
- Entrance examinations: Sign up and get ready for the necessary entrance examinations, such as the MAT, CAT, and CET.
- Application: Complete and send in the application for the school of your choice.
- Submission of Documents: Present the required paperwork, such as admission exam results, identity verification, and academic credentials.'
- Personal Interview: Participate in interviews if the organization requests it.
- Fee Payment: To guarantee your place, accept the offer and pay the entry costs.
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
6. PESSAT 2024 M.Com Entrance Exam
M.Com Specializations List
The table shown below shows the various types of M.Com specializations available to a student.
M.Com in Accountancy and Business Statistics |
M.Com in Accountancy |
M.Com in Accounting & Auditing |
M.Com in Accounting and Finance |
M.Com in Accounting and Taxation |
M.Com in Advanced Accountancy |
M.Com in Applied Economics |
M.Com in Bank Management |
M.Com in Banking and Finance |
M.Com in Banking and Insurance Management |
M.Com in Business Administration |
M.Com inBusiness Finance |
M.Com in Business Management |
M.Com in Business Policy Corporate Governance |
M.Com in Business Studies |
M.Com in Human Resource Development |
M.Com in International Banking |
M.Com in Management |
M.Com in Statistics |
M.Com in Sales and Marketing |
M.Com in Marketing |
M.Com in Taxation |
M.Com in Tourism Administration |
M.Com in International Business |
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
Criteria |
Full Time M.Com Course |
Part Time M.Com Course |
Distance M.Com Course |
M.Com Course Duration |
2 Years |
2 Years |
2-5 Years |
M.Com Admission Basis |
Merit/Entrance |
Merit |
Entrance |
M.Com Top Colleges |
Hindu College Christ University University of Calcutta |
Birla Global University Nalanda Open University ICFAI Dimapur |
Lovely Professional University Annamalai University Karnataka State Open University |
M.Com Fees |
INR 30,000- 7,00,000 |
INR 3,400- INR 67,100 |
INR 5,000- INR 38,000 |
Best For |
Students |
Working Professional |
Professional |
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.
Semester | Core Subjects | Elective Subjects |
---|---|---|
Semester 1 | - Accounting for Managerial Decisions | - Financial Management |
- Business Environment | - Human Resource Management | |
- Business Statistics | - Marketing Management | |
- Managerial Economics | - E-Commerce | |
Semester 2 | - Corporate Accounting | - Investment Analysis |
- Research Methodology | - Business Law | |
- Financial Management | - International Business | |
- Business Communication | - Taxation | |
Semester 3 | - Strategic Management | - Advanced Cost Accounting |
- Financial Reporting | - Retail Management | |
- Marketing Management | - Management Information Systems | |
- Corporate Governance | - Entrepreneurship Development | |
Semester 4 | - Project Work/Dissertation | - Elective (Choose from previous electives) |
- Comprehensive Viva Voce | - Elective (Choose from previous electives) |
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.
M Com Colleges in Delhi
M Com College In Delhi |
M.Com Fees |
Placement |
Ratings |
INR 29,400 |
10 LPA |
4.6 |
|
INR 31,680 |
8 LPA |
4.4 |
|
INR 17,304 |
7.5 LPA |
4.3 |
|
INR 11,771 |
6 LPA |
4.5 |
|
INR 18,954 |
6.4 LPA |
4.3 |
|
INR 5,140 |
6 LPA |
4.8 |
|
INR 14,284 |
5 LPA |
4.3 |
|
INR 4001 |
7 LPA |
4.1 |
|
INR 15,711 |
7 LPA |
4.3 |
|
INR 8,636 |
5.8 LPA |
4.6 |
Also read - Top M.Com Colleges in Delhi
M Com Colleges in Mumbai
M Com College In Mumbai |
M.Com Fees |
Placement |
Rating |
INR 32,000 |
10 LPA |
4.6 |
|
INR 13,320 |
8 LPA |
4.4 |
|
INR 8,165 |
8.6 LPA |
4.0 |
|
INR 14,947 |
8 LPA |
4.0 |
|
INR 16,125 |
7 LPA |
4.3 |
|
INR 2226 |
7 LPA |
4.6 |
|
INR 14,815 |
7.5 LPA |
2.0 |
|
INR 15,189 |
6 LPA |
4.6 |
|
INR 8,865 |
5 LPA |
3.8 |
|
INR 15,500 |
4.5 LPA |
4.0 |
M Com College in Chennai |
M.Com Fees |
Placement |
Ratings |
INR 11,580 |
6 LPA |
4.3 |
|
INR 20,000 |
5.4 LPA |
4.2 |
|
INR 48,728 |
6.4 LPA |
4.8 |
|
INR 11,450 |
7 LPA |
4.3 |
|
INR 8,700 |
5 LPA |
5.0 |
|
INR 35,000 |
7.8 LPA |
4.1 |
|
INR 5,920 |
6.5 LPA |
3.5 |
|
INR 3,905 |
6 LPA |
4.5 |
|
B.S. Abdur Rahman Crescent Institute Of Science & Technology, Chennai |
INR 60,000 |
5 LPA |
4.4 |
INR 27,000 |
5.4 LPA |
3.0 |
Read - List of M Com Colleges in Chennai
M Com Colleges in Bangalore
M Com College In Bangalore |
M.Com Fees |
Placement |
Rating |
INR 75,000 |
10 LPA |
4.2 |
|
INR 80,000 |
9 LPA |
3.9 |
|
INR 150,000 |
6 LPA |
4.0 |
|
INR 78,500 |
8 LPA |
5.0 |
|
INR 36,000 |
7 LPA |
3.9 |
|
INR 166,000 |
7.2 LPA |
4.0 |
|
INR 80,000 |
6 LPA |
4.1 |
|
INR 90,000 |
6.3 LPA |
4.1 |
|
INR 72,000 |
4 LPA |
3.8 |
|
INR 90,000 |
4.4 LPA |
4.2 |
Read - List of M Com Colleges in Bangalore
M Com Colleges in Hyderabad
M.Com College in Hyderabad |
M.Com Fees |
Placements |
Ratings |
INR 12,080 |
6 LPA |
4.0 |
|
INR 22,730 |
5 LPA |
4.0 |
|
INR 140,000 |
5 LPA |
3.7 |
|
INR 6,100 |
4 LPA |
3.6 |
|
INR 11,000 |
4.4 LPA |
3.8 |
|
INR 12,080 |
3 LPA |
3.5 |
|
Osmania University, Prof. G. Ram Reddy Centre For Distance Education, Hyderabad |
INR 4,500 |
3.4 LPA |
3.0 |
INR 9,800 |
3 LPA |
3.0 |
Top MCom colleges in Pune
M.Com College In Pune |
M.Com Fees |
Placement |
Ratings |
INR 40,511 |
8 LPA |
4.4 |
|
INR 7,225 |
7.5 LPA |
4.2 |
|
INR 11,500 |
7.4 LPA |
4.0 |
|
INR 10,670 |
9 LPA |
5.0 |
|
INR 57,000 |
7 LPA |
4.3 |
|
INR 50,000 |
8 LPA |
4.4 |
|
Dr. D.Y. Patil Arts, Science And Commerce College Pimpri, Pune |
INR 22,080 |
6 LPA |
3.5 |
Suryadatta College Of Management, Information Research And Technology, Pune |
INR 60,000 |
6 LPA |
4.0 |
INR 11,500 |
7.5 LPA |
4.5 |
|
INR 14,000 |
8 LPA |
4.0 |
Read - Top M.Com Colleges In India
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:
M.Com Top Companies & Top Recruiters |
||
HDFC Bank |
SBI |
ICICI Bank |
KPMG |
Punjab National Bank |
Ernst & Young |
Amazon |
Deloitte |
PwC |
Price Waterhouse |
Grant Thornton |
Lodha & Co. |
SS Kothari Mehta & Co. |
IndusInd Bank |
TFC |
PricewaterHouse Cooper |
Citibank |
HCL |
Jobs After MCom
Few of the popular MCom career options are mentioned below:
Job Title
Job Description
Estimated Salary (per annum)
Financial Analyst
Analyze financial data for decision-making.
₹4,00,000 - ₹10,00,000
Tax Consultant
Provide tax planning and compliance advice.
₹3,00,000 - ₹8,00,000
Accountant
Manage financial records and prepare statements.
₹2,50,000 - ₹6,00,000
Business Development Manager
Identify growth opportunities and develop relationships.
₹5,00,000 - ₹12,00,000
Investment Banker
Assist clients in raising capital and financial advisory.
₹8,00,000 - ₹20,00,000
Marketing Manager
Oversee marketing strategies and campaigns.
₹6,00,000 - ₹15,00,000
Financial Manager
Plan and manage financial operations within an organization.
₹6,00,000 - ₹15,00,000
Corporate Treasurer
Manage organizational finances and investments.
₹10,00,000 - ₹25,00,000
Lecturer/Professor
Teach commerce subjects at colleges/universities.
₹3,00,000 - ₹10,00,000
Research Analyst
Conduct market research and trend analysis.
₹3,50,000 - ₹8,00,000
Compliance Officer
Ensure adherence to legal standards and policies.
₹4,00,000 - ₹10,00,000
Supply Chain Manager
Manage supply chain operations and logistics.
₹5,00,000 - ₹12,00,000
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:
Course
Description
Ph.D. in Commerce
Research-oriented degree for academic careers.
Chartered Financial Analyst (CFA)
Focus on investment management and financial analysis.
Certified Public Accountant (CPA)
Expertise in accounting and auditing practices.
Cost and Management Accountancy (CMA)
Emphasis on financial management and strategic planning.
Company Secretary (CS)
Specializes in corporate governance and compliance.
Master of Business Administration (MBA)
Offers specializations in finance, marketing, etc.
Diploma in Banking and Finance
Practical skills for the banking sector.
Digital Marketing Courses
Online marketing strategies and tools.
Data Analytics Courses
Skills in data analysis and interpretation.
Financial Risk Management (FRM)
Focus on risk assessment and management in finance.