Master of Commerce (MCom) 2024: Eligibility, Admission, Syllabus

2 Years
Post Graduation
Full Time

The M.Com stands for Master Of Commerce that is a master level post graduate degree in the area of commerce and the management of business. In India, MCom program is a 2- year course comprising of 4 semesters in total. The MCom eligibility for the majority of universities requires at least a Bachelor's degree in a relevant field which include studies of commerce and business administration which is combined with minimum percentage marks that varies between 45 to 55%.

A broad array of topics that range from accounting to finance, marketing, human resources to economics, statistics are covered in the MCom curriculum. The core curriculum usually entails classes in finance, accounting and electives available in the areas such as marketing, HR management, banking, e-business etc. The students are to do 90 - 100 credits which taking theory and practice together. However, some universities call for a dissertation as an obligatory final project.

MCom Highlights 2024

Aspect Details
Degree Title Master of Commerce (MCom)
Duration 2 years of full-time study
Eligibility Bachelor's degree in Commerce or related field
Core Subjects Financial Accounting, Managerial Economics, Business Statistics
Specializations Finance, Accounting, Marketing, Human Resource Management
Practical Training Internships, projects, case studies
Career Options Accountant, Financial Analyst, Auditor, Marketing Manager

MCom Admission 2024

Step Description
1 Meet the eligibility requirements.
2 Submit an application form.
3 Take an entrance exam (if required).
4 Attend an interview (if required).
5 Accept your offer of admission and register for the program.

MCom Course Eligibility 2024

1. Bachelor's degree in Commerce or relevant field: Every candidate is supposed to be a holder of a bachelor's degree in any of the disciplines mentioned above including Business Management, Accounting, Economics, Finance and other related programs which should be from a recognized university or college.

2. Minimum percentage in graduation: The candidates often have to meet the minimum percentage (which also varies depending upon nature of university/college they finished their bachelors) in the aggregate of their undergrad marks. 

3. Entrance test: Some universities/college students probably to pass the CUET exam, college specific exams as well as other qualifications for the admission of MCom programme.

4. Work experience: Some of the other institutes may decide to privilege candidates who have done the work in commerce, accounting, banking etc. for 1 to 2 years. 

5. Relaxation for reserved categories: Usually 5% of eligibility marks of the candidates falling under the reserved categories are compromised as per the regulations of the government.

6. Final selection after interview: Being eligible for this position is one of the conditions and sometimes candidates may be done with face-to-face interview before making a final decision.

MCom Entrance Exams

IGNOU OPENMAT: Indira Gandhi National Open University through OPENMAT screens candidates for admission to different management courses such as MCOM. Assessment takes place through entrance exam covering management aptitude, verbal ability, quantitative ability, and general awareness.

DUET MCom: Delhi University Entrance Test for MCom determines a candidate's eligibility for MCom program of Delhi University with questions on accounting, economics, business studies, and general awareness through an entrance examination.

AMU MBA (Executive) Entrance Exam: The entrance exam of Aligarh Muslim University's MBA (Executive) assesses candidates for admission to the MCom program, during which business knowledge, managerial skills, and general aptitude is evaluated through a written test followed by an interview.

Pune University MCom Entrance Exam: University of Pune's MCom Entrance Exam evaluates students' aptitude regarding commerce, economics, accounting, and general aptitude through a written test.

Mumbai University MCom Entrance Test: The University of Mumbai's MCom Entrance Test marks the students for the admission to MCom program, which assesses the student's knowledge of commerce, accounting, economics and general aptitude in a written test.

MCom Syllabus 2024

Syllabus  Details
Accounting for Management Principles and practices of accounting, with a focus on how accounting information can be used for management decision-making.
Financial Management Practices of financial management, including financial planning, capital budgeting, and investment analysis.
Marketing Management Principles and practices of marketing management, including product development, pricing, promotion, and distribution.
Human Resource Management Principles and practices of human resource management, including recruitment and selection, performance management, and compensation and benefits.
Business Statistics Principles and practices of business statistics, including data collection, analysis, and interpretation.
Business Research Methods Practices of business research methods, including research design, data collection, and data analysis.

Top 10 Private Master of Commerce [M.Com] Colleges in India with Fee Structure

Tabulated below is the collection of the Top 10 Private Master of Commerce [M.Com] Colleges in India with Fee Structure, including their key features.

Name of the institute Location Fees
Aizaz Rizvi College of Journalism and Mass Communication Lucknow, Uttar Pradesh INR 150,000
Christ University Bangalore, Karnataka INR 380,000
Lovely Professional University Jalandhar, Punjab INR 406,000
Lovely Professional University Distance Education Jalandhar, Punjab INR 245,000
Kalinga Institute of Industrial Technology Bhubaneswar, Orissa INR 2,375,000
RJ School of Management Studies Baleswar, Orissa INR 80,000
Bhavan's Vivekananda College of Science Humanities and Commerce Secunderabad, Telangana INR 90,000
Alagappa Institute of Technology Chennai, Tamil Nadu INR 40,000
Sharda University Greater Noida, Uttar Pradesh INR 2,540,649
Acharya Institute of Graduate Studies Bangalore, Karnataka INR 181,175

Top 10 Government Master of Commerce [M.Com] Colleges in India with Fee Structure

Tabulated below is the collection of the Top 10 Government Master of Commerce [M.Com] Colleges in India with Fee Structure, including their key features.

Name of the institute Location Fees
Andhra University Visakhapatnam, Andhra Pradesh INR 749,280
Assam University Silchar, Assam INR 108,255
Nizam College Hyderabad, Telangana INR 15,600
Utkal University Bhubaneswar, Orissa INR 296,000
University of Lucknow Lucknow, Uttar Pradesh INR 162,160
Fakir Mohan University Balasore, Orissa INR 59,742
AVC College (Autonomous) Mayiladuthurai, Tamil Nadu INR 29,895
AVVM Sri Pushpam College Thanjavur, Tamil Nadu INR 40,000
AP Bahuguna Government PG College Rudraprayag, Uttarakhand --
Arulmigu Palaniandavar College of Arts and Culture Palani Palani, Tamil Nadu INR 15,000

Master of Commerce [M.Com] Course Placements

The placement rate for Master of Commerce (M.Com.) graduates is generally high. In 2022, the average placement rate for M.Com. graduates from top colleges in India was over 90%.

College Average CTC (in INR)
Delhi School of Economics (DSE), University of Delhi ₹8 LPA
Gokhale Institute of Politics and Economics (GIPE), Pune ₹7.5 LPA
Madras School of Economics (MSE), Chennai ₹7 LPA
Gujarat Vidyapith (GV), Ahmedabad ₹6.5 LPA
Institute of Economic Growth (IEG), Delhi ₹6 LPA
Sardar Patel Institute of Economic and Social Research (SPIER), Ahmedabad ₹5.5 LPA
National Institute of Public Finance and Policy (NIPFP), New Delhi ₹5 LPA

Master of Commerce [M.Com] Course Jobs and Salary

Specialization Average Salary (in INR)
Accounting ₹6.5 LPA
Finance ₹7 LPA
Marketing ₹6.5 LPA
Human Resource Management ₹6 LPA
International Business ₹7.5 LPA

Master of Commerce [M.Com] Overview 2024 FAQs

MCom, or Master of Commerce, is a graduate degree program academically advanced in areas particularly finance, accounting, economics, and business management, equipping graduates to be ready for numerous professions in commerce or specific fields that relate to it.

The curriculum generally contains subjects like Financial Accounting, Managerial Economics, Business Statistics, Financial Management, Marketing Management, Business Law, and Taxation among others on the list.

Graduates can be employed as accountants, financial analysts, auditors, tax advisers, banking professionals, management consultants, and this master’s degree is a springboard to a career in a PhD or professional certificates such as Chartered Accountancy (CA), Certified Management Accountant (CMA).

The choice of MCom involves the studying of 2 years full-time. Nevertheless, some other university may do part-time or distance learning effectively and not limited to a specific range.

Yes, students don't just have the opportunity to focus on specific areas in Finance, Accounting, Marketing, Human Resource Management, International Business, and Taxation but they also can choose something else that they would love to study and help them get their dream job.

There are MCom programs where practical training and real-world business environment will only be possible if the university offers students an opportunity to complete industry projects, practical training or internships. Only some MCom programs provide internship sessions.

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