A Master of Commerce (M.Com) with a specialization in Business Administration is a postgraduate application that offers a complete know-how of numerous aspects of business control and administration. This direction typically spans years and is designed to equip students with advanced know-how and capabilities required to excel inside the company international. The curriculum regularly consists of core topics which include finance, advertising, human aid control, organizational behavior, and strategic management.
Students may have the opportunity to pick non-compulsory courses in areas like entrepreneurship, international enterprise, and operations control to tailor their education to their profession dreams. Throughout the program, college students regularly engage in case research, projects, and internships to advantage practical experience and trouble-fixing talents.
Meet the eligibility requirements: To be eligible for admission to an M.Com. (Business Administration) program, candidates must typically have a Bachelor of Commerce (B.Com.) degree with a minimum GPA of 50%. Some institutions may also require candidates to have taken certain courses as prerequisites, such as Business Administration, Principles of Management, and Marketing Management.
Submit an application form: The application form will typically require candidates to submit their academic transcripts, letters of recommendation, a personal statement, and any other required documents. Some institutions may also require candidates to pay an application fee.
Attend an interview (if required): Some institutions may invite candidates for an interview. The interview is an opportunity for the admissions committee to get to know the candidate better and to assess their fit for the program.
Bachelor's Degree: A essential requirement is the of completion of a bachelor's degree. Usually, applicants should keep a Bachelor of Commerce (B.Com) or a associated undergraduate diploma in commercial enterprise, economics, or a related subject. Some institutions may additionally accept applicants with non-enterprise backgrounds, but they'll need to finish additional prerequisite courses.
Academic Performance: Candidates should have a nice academic file. The unique grade factor common (GPA) or percentage required can vary from one university to any other, however a competitive GPA is frequently expected.
Entrance Exam: Some universities or institutions may additionally require applicants to take a selected entrance exam, along with the GRE (Graduate Record Examination) or a university-specific admission check. The examination necessities may differ, so it is important to test with the institution you are inquisitive about.
Letters of Recommendation: Many M.Com packages may request letters of advice from academic or professional references to evaluate the applicant's qualifications and capability.
Statement of Purpose: Applicants may additionally need to publish a statement of motive or a private essay explaining their goals and reasons for pursuing the M.Com in Business Administration.
English Language Proficiency: International college students from non-English talking countries are usually required to demonstrate their English language skillability by way of taking checks like the TOEFL or IELTS.
Work Experience (Optional): Some M.Com applications can also select or require applicants to have earlier work enjoy, particularly if they're applying for an executive or specialized M.Com program.
Common Admission Test (CAT): CAT is a relatively competitive entrance exam in India in general for admission to MBA applications. Some M.Com packages might also be given CAT rankings as part of their admission process, specifically in the event that they have a enterprise-associated history.
Graduate Management Admission Test (GMAT): GMAT is extensively identified globally and is regularly used for admissions to pinnacle-tier business faculties. Some universities imparting M.Com in Business Administration may be given GMAT ratings from candidates as a degree in their readiness for advanced commercial enterprise studies.
University-Specific Entrance Exams: Many universities and establishments have their very own front tests. For example, Delhi University conducts the DUET (Delhi University Entrance Test) for admission to numerous postgraduate applications, which include M.Com with a Business Administration specialization.
State-Level Entrance Exams: In a few regions or states, there are kingdom-level front assessments for postgraduate management or trade packages. These assessments can be used to determine eligibility and ranking for admission.
Other Standardized Tests: Depending at the institution, assessments like XAT (Xavier Aptitude Test) or MAT (Management Aptitude Test) can be considered for M.Com in Business Administration admissions.
Academic Merit and Interviews: In some cases, universities may additionally depend on instructional performance during undergraduate research as the primary criterion for admission. They may additionally conduct interviews to assess an applicant's suitability for this system.
|Business Administration||This course covers the fundamental concepts and theories of business administration, such as organizational behavior, strategic management, and marketing management.|
|Financial Management||This course covers the principles and practices of financial management, such as financial statement analysis, capital budgeting, and investment management.|
|Human Resource Management||This course covers the principles and practices of human resource management, such as recruitment and selection, training and development, and performance management.|
|Marketing Management||This course covers the principles and practices of marketing management, such as market research, product development, and pricing.|
|Operations Management||This course covers the principles and practices of operations management, such as production planning, inventory management, and quality control.|
|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|
|Centre for Development Studies (CDS), Thiruvananthapuram||Thiruvananthapuram||Kerala||₹39,000|
|Institute of Development Studies and Research (IDS&R), Kolkata||Kolkata||West Bengal||₹42,000|
|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|
The placement rate for Master of Commerce (M.Com.) (Business Administration) graduates is generally high. In 2022, the average placement rate for M.Com. (Business Administration) graduates from top colleges in India was over 90%.
The average CTC for M.Com. (Business Administration) graduates in India ranges from ₹5 LPA to ₹8 LPA, depending on the college, the company, and the role. Here is a table listing the average CTC for M.Com. (Business Administration) graduates from some of the top colleges in India:
|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|
|Symbiosis Institute of Business Management (SIMB), Pune||₹7 LPA|
|Amity Business School (ABS), Noida||₹6.5 LPA|
|SP Jain Institute of Management and Research (SPJIMR), Mumbai||₹7.5 LPA|
|Specialization||Average Salary (in INR)|
|Management Consultant||₹7 LPA|
|Investment Banker||₹7.5 LPA|
|Commercial Banker||₹6.5 LPA|
|Financial Analyst||₹6 LPA|
|Human Resources Manager||₹5.5 LPA|
|Marketing Manager||₹5 LPA|