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.
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 |
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. |
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.
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.
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. |
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 |
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 |
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 |
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 |