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

MCom : Full Form, Course, Admission 2024, Duration, Subjects, Fees, Jobs, Salary

Master of Commerce , Duration - 2 Years

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What it Takes

Avg Placement Salary

₹ 3.6 - 4.8 Lacs

Is this course a right fit? Check Eligibility

Table of Content

What is MCom ?

 

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.

Related Article: Best Courses after B Com

Also watch - 

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

 

 

 

 

 

 

 

 

 

MCom-Course

 

Why Choose M Com?

There are several advantages and chances to obtain an M.Com. (Master of Commerce) degree. The following are strong arguments in favor of this academic route:
There are several advantages and chances to obtain an M.Com. (Master of Commerce) degree. The following are strong arguments in favor of this academic route:
There are several advantages and chances to obtain an M Com (Master of Commerce) degree. The following are strong arguments in favor of this academic route:
There are several advantages and chances to obtain an M.Com. (Master of Commerce) degree. The following are strong arguments in favor of this academic route:
There are several advantages and chances to obtain an M.Com. (Master of Commerce) degree. The following are strong arguments in favor of this academic route
  1. Specialized Knowledge: Develop a thorough comprehension of finance and business.
  2. Career options: Numerous opportunities are available after M Com, including positions in banking, consulting, and finance.
  3. Increased Earning Potential: More opportunities to make money than with undergraduate degrees.
  4. Skills Development: Develop your ability to think critically and solve problems.
  5. 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

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.

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

Shri Ram College Of Commerce, New Delhi

INR 29,400

10 LPA

4.6

Hindu College, New Delhi

INR 31,680

8 LPA

4.4

Hansraj College , New Delhi

INR 17,304

7.5 LPA

4.3

Atma Ram Sanatan Dharma College , New Delhi

INR 11,771

6 LPA

4.5

Sri Guru Tegh Bahadur Khalsa College ,New Delhi

INR 18,954

6.4 LPA

4.3

Delhi University, New Delhi

INR 5,140

6 LPA

4.8

Ramjas College, New Delhi

INR 14,284

5 LPA

4.3

Department Of Commerce, University Of Delhi, New Delhi

INR 4001

7 LPA

4.1

Janki Devi Memorial College, New Delhi

INR 15,711

7 LPA

4.3

Motilal Nehru College, New Delhi

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

Narsee Monjee College Of Commerce And Economics, Mumbai

INR 32,000

10 LPA

4.6

K J Somaiya College Of Arts & Commerce, Mumbai

INR 13,320

8 LPA

4.4

Sydenham College Of Commerce & Economics, Mumbai

INR 8,165

8.6 LPA

4.0

Jai Hind College, Mumbai

INR 14,947

8 LPA

4.0

St Andrew's College Of Arts Science And Commerce, Mumbai

INR 16,125

7 LPA

4.3

Mumbai University, Mumbai

INR 2226

7 LPA

4.6

Ramniranjan Jhunjhunwala College, Mumbai

INR 14,815

7.5 LPA

2.0

R A Podar College of Commerce

INR 15,189

6 LPA

4.6

SPN Doshi Women's College, Mumbai

INR 8,865

5 LPA

3.8

Rizvi College Of Arts Science And Commerce, Mumbai

INR 15,500

4.5 LPA

4.0

Top M.Com Colleges in Mumbai 
 

Read - Top M Com Colleges in Mumbai 

 

M.Com Colleges in Chennai

M Com Colleges in Chennai

M Com College in Chennai

M.Com Fees

Placement

Ratings

Loyola College, Chennai

INR 11,580

6 LPA

4.3

Stella Maris College, Chennai

INR 20,000

5.4 LPA

4.2

Women's Christian College , Chennai

INR 48,728

6.4 LPA

4.8

Guru Nanak College, Chennai

INR 11,450

7 LPA

4.3

Presidency College, Chennai

INR 8,700

5 LPA

5.0

Srm Institute Of Technology, Kattankulathur, Chennai

INR 35,000

7.8 LPA

4.1

Queen Mary's College, Chennai

INR 5,920

6.5 LPA

3.5

The New College, Chennai

INR 3,905

6 LPA

4.5

B.S. Abdur Rahman Crescent Institute Of Science & Technology, Chennai

INR 60,000

5 LPA

4.4

Mohamed Sathak College Of Arts And Science, Chennai

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

Christ University, Bangalore

INR 75,000

10 LPA

4.2

Kristu Jayanti College, Bangalore

INR 80,000

9 LPA

3.9

NMKRV College For Women, Bangalore

INR 150,000

6 LPA

4.0

St Joseph's College , Bangalore

INR 78,500

8 LPA

5.0

Seshadripuram College, Bangalore

INR 36,000

7 LPA

3.9

AIMS Institutes, Bangalore

INR 166,000

7.2 LPA

4.0

PES University , Bangalore

INR 80,000

6 LPA

4.1

Presidency College, Bangalore

INR 90,000

6.3 LPA

4.1

T John Institute of Management And Science, Bangalore

INR 72,000

4 LPA

3.8

REVA University, Bangalore

INR 90,000

4.4 LPA

4.2

Read - List of M Com Colleges in Bangalore 

M.Com Colleges in Hyderabad

M Com Colleges in Hyderabad

 

Top MCom colleges in Pune

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.

 

MCom Top Recruiters

Cisco Cisco
axis bank axis bank
Deloitte Deloitte
goldman sachs goldman sachs
grail research grail research
IBM IBM
ICICI Bank ICICI Bank
infosys infosys
ING Vysya Bank ING Vysya Bank
Indian Oil Corporation Ltd (IOCL) Indian Oil Corporation Ltd (IOCL)
ITC ITC
kpmg kpmg
Larsen & Toubro Ltd. Larsen & Toubro Ltd.
microsoft microsoft
Google Google
patni computers patni computers
TCS TCS
tata teleservice tata teleservice
Wipro Wipro
ACNielsen ACNielsen
Alstom Group Alstom Group
Aviva Aviva
GRAIL RESERACH GRAIL RESERACH
DELL DELL
Taj Group of Hotels Taj Group of Hotels
Airtel Airtel
Accenture Accenture
Asian Paints Asian Paints
Capital  IQ Capital IQ
Citi Bank Citi Bank
HCL Technologies HCL Technologies
ICICI Prudential ICICI Prudential
Igate Igate
India Bulls India Bulls
Indian Army Indian Army
NIIT NIIT
Thomson Press Thomson Press
UltraTech Cement UltraTech Cement
Adani group Adani group
Aditya Birla Group Aditya Birla Group
Afcons Infrastructure Afcons Infrastructure
Bajaj Allianz Bajaj Allianz
Apollo Tyres Apollo Tyres
Aricent Group Aricent Group
Bata India Bata India
Bharat Petroleum Corporation Limited (BPCL) Bharat Petroleum Corporation Limited (BPCL)
Bosch Ltd Bosch Ltd
Ernst & Young Ernst & Young
Edelweiss Edelweiss
Fiserv Fiserv
Genpact Genpact
HDFC Bank HDFC Bank
Mahindra & Mahindra Mahindra & Mahindra
Nokia Siemens Ltd Nokia Siemens Ltd
NSE NSE
Syntel Syntel
TATA MOTORS TATA MOTORS
Tech Mahindra Tech Mahindra
videocon videocon
CRISIL CRISIL
IDBI Bank IDBI Bank
Lupin Lupin
Pepsico Holdings (I) Pvt. Ltd. Pepsico Holdings (I) Pvt. Ltd.
Angel Broking Angel Broking
BASIX BASIX
Tata Capital Tata Capital
Axis Bank Axis Bank
Yes Bank Yes Bank
Naukri.com Naukri.com
Vodafone Vodafone
Canon India Pvt. Ltd. Canon India Pvt. Ltd.
UB Group UB Group
Aon Hewitt Aon Hewitt
HSBC Bank HSBC Bank
Siemens AC Siemens AC
ICFAI University ICFAI University
COSMOL Multiphysics Pvt Ltd COSMOL Multiphysics Pvt Ltd
Hiranandani Group of Companines Hiranandani Group of Companines
Axis Risk Consulting Axis Risk Consulting
Course

22nd October, 2024, 6min read

M Com Subjects: Core, Elective, Semester Wise Syllabus, Books 2024

 What are M Com subjects?Master of Commerce (M Com) program covers a diverse range of subjects ... By - ( Chetna Verma ) Read More >
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MCom Frequently Asked Questions

What to do after MCom ??

Courses after MCom - 1. Enroll in an MBA 2. Become a Chartered Accountant 3.Consider Doing the ACCA Course 4.Pursue Company Secretaryship 5.Earn the CMA Credentials 6.Complete The CFA Course 7.Obtain A CPA License 8.Become an FRM Certified personal 9.Crack the CFP Exam 10.Get into Digital Marketing 11.Get CIB Certified 12.Pursue a career in teaching and research

Can i do MBA after MCom ??

Yes after completing M.com, if you are interested to do MBA, then according to me its a right decision. Because after completing M.com, you can not find a good and suitable job in future. So doing MBA is the best career option for you.

Can i do MCom after BBA??

Yes, students from BBA programme are eligible to join MCom The students who have completed their BBA degree with 50% aggregate from any recognized university in India and abroad are eligible to apply for MCom in Bangalore.

Which is better MCom or MBA??

M.Com may not be as popular as MBA program but it is a respected course and deals with accounts and commerce mostly. MBA has a much wider application and more job opportunities but MCom is a better choice of course if you want to go for further studies and research.

Can I do LLB and MCom together??

No, you can not apply for both of the programme from same university. If you wish to pursue M.com from distance & LLB three years on regular mode then you need to apply from different universities.

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