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Master of Commerce MCom 2024: Eligibility, Admission, Syllabus

2 Years
Post Graduation
Full Time

Master of Commerce [M.Com] Overview

A Master of Commerce (M.Com) is a postgraduate degree application that offers in-intensity expertise and superior information of various aspects of commerce, economics, and commercial enterprise management. The path normally spans  years and is designed to enhance college students' information in monetary management, accounting, advertising, and associated subjects.

Course modules frequently consist of economic management, business economics, advertising control, organizational conduct, commercial enterprise ethics, and facts. Students might also have the choice to focus on regions inclusive of finance, accounting, marketing, or international business, tailoring their studies to their career aspirations.

Master of Commerce [M.Com] Admission Process

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.

Master of Commerce [M.Com] Eligibility

  1. Bachelor's Degree: Typically, candidates have to have a Bachelor's degree in Commerce or a associated area, which includes B.Com, B.B.A, or B.A. Economics. Some universities may be given applicants with a Bachelor's degree in different disciplines, however they could want to finish a few prerequisite courses.

  2. Minimum Percentage: Many establishments require candidates to have a minimum percent or grade of their undergraduate studies, frequently around 50% or better. However, this percentage requirement might also vary from one university to every other.

  3. Entrance Exams: Some universities or faculties may require candidates to appear for an entrance exam. These tests can assess your expertise in subjects associated with trade and might include questions about subjects like accounting, economics, and enterprise.

  4. Reservation Criteria: Some universities might have precise reservation standards for one-of-a-kind classes, together with reserved seats for certain classes like SC/ST/OBC and for bodily challenged applicants.

  5. Language Proficiency: Depending on the medium of instruction, applicants can be required to illustrate talent within the language wherein the courses are taught. For example, if this system is conducted in English, you can want to provide evidence of English language proficiency, inclusive of via a standardized test like TOEFL or IELTS.

Master of Commerce [M.Com] Entrance Exams

  1. Common Admission Test (CAT): While CAT is normally for admission to MBA applications, some universities additionally take delivery of CAT ratings for M.Com admissions. CAT assesses quantitative, analytical, and verbal abilities.

  2. Xavier Aptitude Test (XAT): Similar to CAT, XAT is typically for MBA applications, but a few universities use XAT ratings for M.Com admissions. It exams a candidate's flair in numerous areas, inclusive of quantitative and choice-making skills.

  3. Delhi University M.Com Entrance Test: The University of Delhi conducts an front examination for M.Com admissions. It assesses a candidate's know-how of accounting, finance, economics, and associated topics.

  4. Jamia Millia Islamia M.Com Entrance Exam: Jamia Millia Islamia University conducts an front take a look at that consists of questions on accounting, commercial enterprise mathematics, economics, and standard recognition.

  5. IGNOU OPENMAT: Indira Gandhi National Open University (IGNOU) conducts the OPENMAT for admission to its distance learning M.Com program. It consists of sections on preferred recognition, English language, and quantitative flair.

  6. Maharashtra Common Entrance Test (MHT-CET): For M.Com admissions in Maharashtra, MHT-CET is commonly used. It covers subjects related to business and trade.

  7. Foreign Universities: If you're thinking about M.Com programs overseas, entrance examination requirements may also range. Some universities might also require standardized tests like GRE or GMAT, even as others may also rely upon academic statistics, interviews, or statements of motive.

Master of Commerce [M.Com] Syllabus

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

Top 10 Government Master of Commerce [M.Com] Colleges

College City State Fees (in INR)
Delhi School of Economics (DSE), University of Delhi Delhi Delhi ₹12,000
Gokhale Institute of Politics and Economics (GIPE), Pune Pune Maharashtra ₹15,000
Madras School of Economics (MSE), Chennai Chennai Tamil Nadu ₹18,000
Gujarat Vidyapith (GV), Ahmedabad Ahmedabad Gujarat ₹21,000
Institute of Economic Growth (IEG), Delhi Delhi Delhi ₹24,000
Sardar Patel Institute of Economic and Social Research (SPIER), Ahmedabad Ahmedabad Gujarat ₹27,000
National Institute of Public Finance and Policy (NIPFP), New Delhi New Delhi Delhi ₹30,000
Institute for Social and Economic Change (ISEC), Bangalore Bangalore Karnataka ₹33,000
Giri Institute of Development Studies (GIDS), Lucknow Lucknow Uttar Pradesh ₹36,000

Top 10 Private Master of Commerce [M.Com] Colleges

College City State Fees (in INR)
Symbiosis Institute of Business Management (SIMB), Pune Pune Maharashtra ₹3,00,000
Amity Business School (ABS), Noida Noida Uttar Pradesh ₹3,50,000
SP Jain Institute of Management and Research (SPJIMR), Mumbai Mumbai Maharashtra ₹4,00,000
Welingkar Institute of Management Development & Research (WeSchool), Mumbai Mumbai Maharashtra ₹4,50,000
K J Somaiya Institute of Management Studies and Research (KJSIMSR), Mumbai Mumbai Maharashtra ₹5,00,000
FORE School of Management, Delhi Delhi Delhi ₹5,50,000
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai Mumbai Maharashtra ₹6,00,000
Great Lakes Institute of Management (GLIM), Chennai Chennai Tamil Nadu ₹6,50,000
Alliance School of Business (ASB), Bangalore Bangalore Karnataka ₹7,00,000
Xavier Institute of Management, Bhubaneswar (XIMB) Bhubaneswar Odisha ₹7,50,000
International Management Institute (IMI), Delhi Delhi Delhi ₹8,00,000

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

The period of an M.Com path is normally two years.

Common specializations encompass Accounting, Finance, Marketing, International Business, and extra.

Eligibility criteria might also encompass a Bachelor's diploma in commerce or associated fields, with a minimum percent requirement.

Some universities can also require entrance tests like CAT, XAT, or particular university-based assessments.

M.Com graduates can pursue careers in finance, banking, consulting, or management, or choose similarly research like a Ph.D.

Yes, many universities receive college students from non-commerce backgrounds with prerequisite publications.

M.Com packages emphasize research, vital wondering, and analytical capabilities, in conjunction with a deep expertise of business principles

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