Master of Commerce (M.Com)

What is M.Com Course?

M.Com or Master of Commerce is a 2-year degree program that enables you to grow in the corporate and finance sectors of the industry. M.Com degree mainly focuses on accounting, commerce and economics related subjects, particularly aimed for students who are interested in research and teaching. It generally covers the study of macro-economics, accounting, business principles and other related subjects. Some of the specialisation that you can choose from in your Masters of Commerce program are:

• • ACCOUNTING & FINANCE STATISTICS, BANKING, ECONOMICS
  • TAXATION, INSURANCE, MARKETING INTERNATIONAL BUSINESS OPERATIONS
  • ACTUARIAL STUDIES
  • CORPORATE GOVERNANCE
    • HUMAN RESOURCE MANAGEMENT

Now when you are well aware of Masters of Commerce course you would be interested to know about the required Eligibility Conditions to join this Course?

Eligibility Conditions required to pursue an M.Com course

Those students who have completed their graduation in commerce stream from a recognized institute or university are eligible to take admission in Masters of commerce course. 

However, some institutes may also demand a certain minimum percentage of marks at graduation level that can be anywhere between 50% to 55%.

Some Universities also accept the graduation degree with Business or Management studies or Honours in Economics for admission into this course.

Required Skills 

Along with fulfilling these eligibility conditions you must have certain set of required skills to be able to do this 2 years M.Com course successfully like –

Ability to play with numbers and figures.

You should also have strong analytical and creative thinking along with the ability to remember facts and figures.

You should have strong verbal and writing ability to communicate easily.

You should have strength in mathematics and have knowledge of the banking and finance sector.

You should have leadership skills, ability to work with a team, and familiarity with industry standards.

How to get admission in an M.Com course?

If you are really looking to take admission in M.Com then the knowledge of its admission process is a must? Admissions to M.Com is usually provided on the basis of marks secured at the undergraduate level. 

However, some of the reputed commerce institutes provide admission to this course on the basis of rank secured in the entrance exam conducted at institute, university or state level.

TOP Entrance Exams 

Some of the popular M.Com Entrance Exams that are taken by various reputed institutes to provide admission to their M.Com degree course are:

M.COM SYLLABUS

M.Com degree courses as the knowledge of the syllabus of the Course may be an added advantage for the aspirants of this course. There are a number of subjects that are offered in the M.Com course.

However during the first year of the program, the same set of M.Com subjects are taught to the students in all the course specialisations. In the second year, students opting for specialisation have to choose a set of elective subjects that are offered in the Master of Commerce course.

ELECTIVE SUBJECTS

• • 1. Banking Finance
    2. Commercial Bank Management Entrepreneurial Management
    3. Financial Bank Management
    4. Financial Markets Human Resource Management
    5. International Finance
    6. Investment Management Research Methodology in Commerce 

It is a generalized syllabus of M.Com Exam and the syllabus of a particular institute providing this course may differ slightly. 

FEE STRUCTURE

The M.Com course fee may vary from institute to institute depending upon the genre and the reputation of the institute Like it can be anywhere near Rs.40,000to Rs.60,000 per year in the government institutes. 

Whereas the course fee for the same course in private institutes can be anywhere between Rs. 1 Lakh to Rs. 2 Lakhs per annum.  

Top Universities and Institutes for M.Com Course

Now let me tell you about some of the Top institutes providing M.Com degree course in India. IF you are looking for some of the best Government M.Com Institutes then you can go for – 

• • • SHRI RAM COLLEGE OF COMMERCE, DELHI
  • • HINDU COLLEGE, DELHI NCR HANSRAJ COLLEGE, DELHI
  • • DELHI SCHOOL OF ECONOMICS, DELHI
  • • UNIVERSITY BUSINESS SCHOOL, CHANDIGARH RAMJAS COLLEGE, DELHI 

Top PRIVATE INSTITUTES

• • • CHRIST COLLEGE

• • • STELLA MARIS COLLEGE

• • • SYMBIOSIS COLLEGE OF ARTS & COMMERCE

• • • ST. JOSEPH COLLEGE OF COMMERCE, BANGALORE

• • • WOMEN’S CHRISTIAN COLLEGE, CHENNAI

• • • NARSEEMONJEE COLLEGE OF COMMERCE

• • • AND ECONOMICS, MUMBAI LOYOLA COLLEGE, CHENNAI

• • • MOUNT CARMEL COLLEGE, BANGALORE

CAREER PROSPECTS AND JOB OPPORTUNITIES

Due to Globalization and Industrialization. There has been a spurt increase in the demand of Commerce professional in general and M.Com Degree holders in particular. This has increased the Career prospects and job opportunities for M.Com degree holders not only in the private sector but also in the government sector. 

The program is generally focused on different disciplines like – 

• • • Accounting
    • Actuarial science
    • Business management
    • Corporate governance
    • Human resource management
    • Economics
    • Statistics
    • Finance
    • Marketing
    • Supply chain management, etc. 

There are many more career options present for you in the field of finance as well. So after M.Com you can seek jobs that may include:

• • • AUDITING
  • • BANKING AND FINANCE
    • ELECTRONIC MARKETING
    • FUNDS MANAGEMENT
    • MANAGEMENT CONSULTING
    • STOCK BROKING
    • ACCOUNTANT/SENIOR ACCOUNTANT
    • BANK MANAGER
    • BUSINESS ANALYST
    • CASHIER/TELLER
    • CHARTERED ACCOUNTANT
    • ENTREPRENEUR
    • FINANCE CONSULTANT FINANCE EXECUTIVE, MANAGER & ANALYST
    • INSURANCE AGENT
    • INVESTMENT BANKER

Jobs in Government Sector

Students can crack various employment exams like Bank PO & Clerk Exam, LIC AAO Exam, Staff Selection Commission Exam, UGC NET or Even State Public Service Commission & Union Public Service Commission Exam & get good posts in various Public sector organisations. 

ACADEMICS OR RESEARCH

If you interested in Academic or Research can go for higher degrees like – PHD in related subjects and find Employment in Educational Institutes or go for research work. 

Private Banks

• • • ICICI BANK
    • HDFC BANK
    • IDFC FIRST BANK 

NBFCS: BAJAJ CAPITAL, AB CAPITAL AND LAND T FINANCE HOLDING 

INSURANCE COMPANIES: NIPPON LIFE, MAX AND BIRLA SUNLIFE 

PUBLIC SECTOR BANKS, RELATED DEPT.:

Income Tax Department

Revenue Dept.

Excise Departments of state & central & other Related Government Organisations 

Along with Various International Organisations like World Bank and IMF, etc.