All About Mcom: M.Com or Master of Commerce is a 2-year post-graduate course ideal for candidates who want to make their career in Banking Financial Services and Insurance (BFSI) as well as accounting, management, commerce and economic sectors. M.Com is designed to ensure that the students receive in-depth knowledge and understanding of various aspects of commerce and banking.
M.Com colleges allow students to choose a blend of core and elective courses and thus focus on every individual’s interest. Aspirants are allowed to choose a specialization along with their Mcom degree, which would make them specialists in the field of commerce. M.Com course enhances the academic value of a student and helps prepare them for a career in core areas of commerce and commercial applications.
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All About Mcom: Eligibility
- Candidates with a valid B.Com or B.Com (Hons) degree, obtained from a recognized University or Institute are eligible.
- Reserved category students are entitled to marks relaxation up to 5%.
- Several top colleges take admissions on the basis of entrance exams such as BHU PET, CUCET, PUCET PG etc. And in order to get admission, students have to pass the exams.
- Universities demand a minimum of 45-50% marks in graduation as a qualifying criterion to secure admission in their M.Com course.
Top M.Com Colleges in India
- Shri Ram College of Commerce(SRCC), University of Delhi, Delhi
- Christ University, Bangalore
- Loyola College, Chennai
- Hindu College, University of Delhi, Delhi
- Hansraj College, University of Delhi, Delhi
- St. Joseph’s College of Commerce, Bangalore
- Symbiosis College of Arts and Commerce, Pune
- Madras Christian College, Chennai
- Manipal University, Karnataka
- Banaras Hindu University, Varanasi
- St. Xavier’s College, Kolkata
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Mcom Job Prospects
M.Com is a professional degree that enables you to grow in the corporate and finance sectors. It is also a good course for a candidate who is preparing for recruitment exams in related public sector department. There are various job options for M.Com degree holders in private, public as well as government sectors.
After completing M.Com, a candidate can seek employment in top MNCs or BSFI, opt for teaching or lecturer-ship or go for research.
JOB PROFILE
- Account Assistant – Provides administrative support to accountants, undertaking clerical tasks such as typing, filing, handling mails and basic bookkeeping.
- Operations Manager – It deals with the hiring procedure, setting up targets and team management.
- Marketing Manager – Responsible for developing, implementing and executing the marketing plans.
- Analyst – Handles data operation and generates reports from data interpretation.
- Stockbroker – Stockbroker deals with stocks and performs financial services for the organization.
- Bank Manager – Responsible for supervising and managing bank branches.
- Business Consultant – Their role is to analyze the market, product lines and overall profitability of the business.
- Cashier/Teller – Managing transactions with customers using cash registers.
M.Com Specialization Fields
M.Com offers a wide range of specializations in the commerce field. Some of them are mentioned below –
- Mcom in Computer Applications – It is the field that imparts theoretical as well as practical knowledge about computer world application.
- Mcom in Accounting and Finance – It focuses more on the accounting sector and finances of the economy.
- Mcom in Taxation – In this course, students are taught to solve complete taxation problems, research tax literature, complete analytical review of the tax return.
- Mcom in Finance – This deals with the financial issues of the organization like budgeting.
- Mcom in Human Resource Management- Deals with human resource management of the organization.
- Mcom in Marketing– It provides all the technical knowledge and skills needed for marketing in the field of commerce and finance.
All About Mcom: Frequently Asked Questions (FAQs)
- How to prepare for the Mcom Entrance Exams?
Entrance Exams have objective type questions and are completely Aptitude Based exams. The M.Com entrance test basically consists of –
- Logical Reasoning
- General Knowledge
- English
- Quantitative Aptitude
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- Can a student become CA after doing Mcom?
Yes. A student can pursue CA after doing M.Com. In fact, one can also pursue it side by side during M.Com. There is no age bar for pursuing CA.
- What is the average fee for M.Com course?
The average fee for the course is INR 60,000- 1,20,000.
Note- Depending upon college it may vary.