MCom: Full Form, Eligibility, Fees, Subjects, Top Colleges, Jobs, Salary
M.Com full form is Master’s of Commerce. M.Com degrees are most desirable among future teachers/lecturers and researchers. Popular alternatives for M.Com degree holders include UGC-NET/JRF and Ph.D. Admission to top colleges for MCom is done through an entrance test. Many colleges provide admission to the programme based on merit.
M.Com in India can be studied full-time, part-time, through distance or correspondence, or online. In India, there are over 3500 private, government, and public-private MCom colleges that provide the programme.
Related Article: Best Courses after B.Com
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What is M.Com Course?
M.Com is a postgraduate degree that lasts one to two years and is one of the most prestigious degrees in the world of business. A master’s programme in commerce like this one seeks to establish a clear foundation of money and banking, macro and microeconomics, trade and business, accounting and finance during the course of this time. MCom, as a specialty course in commerce, involves students in developing both professional and research abilities. During the first year of this degree, students get acquainted with a variety of topics of business. However, later on, one is given the option of selecting a certain subject as their primary field of expertise. Continue reading to have a better understanding of it.
Related Article: Chartered Accountant (CA) Salary in India
M.Com Course Details
| Course Level | Postgraduate (PG) |
| M.Com Course Duration | 2 years |
| M.Com Full Form | Masters of Commerce |
| Examination Type | Semester System |
| M.Com Eligibility | Bachelor’s degree in Commerce |
| M.Com Admission Process | Merit-based / Common Entrance Test |
| M.Com Job Profiles | Accountant, Finance Manager, Operations Manager, Financial Analyst, Assistant Finance Manager, Account Executive |
Why Choose M.Com?
- New Job Opportunities
- A Secure Salary
- A stepping stone
- Managerial Development
- A Safety Net
- MCom Specializations
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M.Com Couse: Eligibility Criteria 2024-25
The qualifying conditions for MCom may range from one college to the next. The following are the basic eligibility criteria for pursuing the MCom course:
· A minimum of 50% aggregate in BCom or BCom (Honours), or equivalent, from a recognised university is required.
· Some colleges additionally admit students who have passed Economics (H), BBA, BFIA, and BBE with a minimum aggregate score of 60% or higher.
· Students from the reserved category are eligible to a 5% grade reduction.
· State institutions often provide home-state students with grade reductions.
M.Com Course: Admission Process 2024
How to Apply?
Entrance examinations are used to determine MCom admission. The steps below will walk you through the MCom Admissions process in 2024.
· Choose the MCom colleges to which you wish to apply. Examine their application procedure and deadlines.
· Candidates must first register and apply for the entrance tests for colleges and institutions that grant admission through them.
· After completing the application form for the admission test with all of the essential information, pay the application cost.
· Download the application form after confirmation for future reference.
· Keep an eye on the examination/official college’s website for admission cards and other vital news.
· After passing the MCom entrance tests, students must fill out the application form for the colleges/universities of their choice, together with their personal information such as entrance exam score, academic credentials, and so on.
· If the students meet the college’s eligibility requirements, they will be summoned to a written exam or interview rounds (direct admissions) to complete the admission process.
· Candidates must pay the college’s entrance fees in order to be admitted.
List Of M.Com Entrance Exams 2024-25
1. DU M.Com
2. Allahabad University PGAT (M.Com)
3. ANUPGCET 2024 Entrance Exam (M.Com)
4. Kurukshetra University M.Com Exam
5. OUCET M.Com Entrance Exam
6. PESSAT 2024 M.Com Entrance Exam
7. Jain Entrance Exam
8. JNU EEE 2024 Exam
9. KU PGCET Exam
10. AUCET Entrance Exam
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M.Com Specializations List
The table shown below shows the various types of M.Com specializations available to a student.
| M.Com in Accountancy and Business Statistics | M.Com in Accountancy | M.Com in Accounting & Auditing |
| M.Com in Accounting and Finance | M.Com in Accounting and Taxation | M.Com in Advanced Accountancy |
| M.Com in Applied Economics | M.Com in Bank Management | M.Com in Banking and Finance |
| M.Com in Banking and Insurance Management | M.Com in Business Administration | M.Com inBusiness Finance |
| M.Com in Business Management | M.Com in Business Policy Corporate Governance | M.Com in Business Studies |
| M.Com in Human Resource Development | M.Com in International Banking | M.Com in Management |
| M.Com in Statistics | M.Com in Sales and Marketing | M.Com in Marketing |
| M.Com in Taxation | M.Com in Tourism Administration | M.Com in International Business |
Types of M.Com Courses
M.Com is one of India’s most popular academic programmes. The MCom course provides options for a variety of specialties as well as several versions of the course that applicants can pursue based on their time, skill, and eligibility. The many types of MCom courses are listed further below.
· Full Time M.Com Course
· Part-time M.Com Course
· Distance M.Com Course
| Criteria | Full Time M.Com Course | Part Time M.Com Course | Distance M.Com Course |
| M.Com Course Duration | 2 Years | 2 Years | 2-5 Years |
| M.Com Admission Basis | Merit/Entrance | Merit | Entrance |
| M.Com Top Colleges | Hindu College Christ University University of Calcutta |
Birla Global University Nalanda Open University ICFAI Dimapur |
Lovely Professional University Annamalai University Karnataka State Open University |
| M.Com Fees | INR 30,000- 7,00,000 | INR 3,400- INR 67,100 | INR 5,000- INR 38,000 |
| Best For | Students | Working Professional | Professional |
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M.Com Syllabus and Subjects
The M.Com programme is divided into 2 years. During their first year, students are introduced to Finance, Accounting, and Commerce, with a focus on commerce in the business sector. In the second year, the full M.Com course is stressed, with an emphasis on banking, finance, capstone projects, and real-life initiatives. The M.Com programme strives to provide students with all of the information they need to excel in their chosen careers.
M.Com Syllabus and Major Subjects
The M.Com programme is aimed to provide students with the technical expertise needed to work in the finance industry. The entire course is built around financial and business ideas. The M.Com programme also includes specialisations, internships, and real-time collaborative projects with businesses. Students can select electives depending on their preferences and interests in order to advance their career growth and goals.
List of M.Com Subjects:
- Corporate Governance
- Management and Financial Accounting
- Marketing Management
- E-Commerce
- Computer Applications in Commerce
- Business Environment & Policy
- Management of Nonprofit Organizations
- Organization Behavior and Management Process
- Research Methods & Statistical Techniques
- Financial Management
- Elements of Income Tax
- Management of Financial Services
- Managerial Economics
- Managerial Communication
- Mergers & Acquisitions
- International Trade Theory & Practice
A complete M.Com syllabus organised by semester is provided below:
| M.Com First Year Syllabus | |
|---|---|
| Semester Wise Subject Breakdown | |
| M.Com Subjects List: Semester I | M.Com Subjects List: Semester II |
| Organizational Behaviour and Management Process | Management and Financial Accounting |
| Marketing Management | Managerial Economics |
| Computer Applications in Commerce | Research |
| Business Environment & Policy | Management of Non-profit Organizations |
| Corporate Governance | Research Methods & Statistical Techniques |
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M.Com Second Year Syllabus
| M.Com Second Year Syllabus | |
|---|---|
| M.Com Subjects List: Semester III | M.Com Subjects List: Semester IV |
| Financial Management | Elements of Income Tax |
| Management of Financial Services | E-Commerce |
| Managerial Communication | Mergers & Acquisitions |
| International Trade – Theory & Practice | Research and Internships |
Top M.Com Colleges In India
There are a number of top colleges spread throughout the country that provide MCom Course. Below is a list of MCom colleges in top 6 cities in india along with its course fees and placements. Go through tables and check out the best options available to you.
The Top M.Com Colleges in Delhi are listed below
| M.Com College In Delhi | M.Com Fees | Placement | Ratings |
| Shri Ram College Of Commerce, New Delhi | INR 29,400 | 10 LPA | 4.6 |
| Hindu College, New Delhi | INR 31,680 | 8 LPA | 4.4 |
| Hansraj College , New Delhi | INR 17,304 | 7.5 LPA | 4.3 |
| Atma Ram Sanatan Dharma College , New Delhi | INR 11,771 | 6 LPA | 4.5 |
| Sri Guru Tegh Bahadur Khalsa College ,New Delhi | INR 18,954 | 6.4 LPA | 4.3 |
| Delhi University, New Delhi | INR 5,140 | 6 LPA | 4.8 |
| Ramjas College, New Delhi | INR 14,284 | 5 LPA | 4.3 |
| Department Of Commerce, University Of Delhi, New Delhi | INR 4001 | 7 LPA | 4.1 |
| Janki Devi Memorial College, New Delhi | INR 15,711 | 7 LPA | 4.3 |
| Motilal Nehru College, New Delhi | INR 8,636 | 5.8 LPA | 4.6 |
Top M.Com Colleges in Mumbai
| M.Com College In Mumbai | M.Com Fees | Placement | Rating |
| Narsee Monjee College Of Commerce And Economics, Mumbai | INR 32,000 | 10 LPA | 4.6 |
| K J Somaiya College Of Arts & Commerce, Mumbai | INR 13,320 | 8 LPA | 4.4 |
| Sydenham College Of Commerce & Economics, Mumbai | INR 8,165 | 8.6 LPA | 4.0 |
| Jai Hind College, Mumbai | INR 14,947 | 8 LPA | 4.0 |
| St Andrew’s College Of Arts Science And Commerce, Mumbai | INR 16,125 | 7 LPA | 4.3 |
| Mumbai University, Mumbai | INR 2226 | 7 LPA | 4.6 |
| Ramniranjan Jhunjhunwala College, Mumbai | INR 14,815 | 7.5 LPA | 2.0 |
| R A Podar College of Commerce | INR 15,189 | 6 LPA | 4.6 |
| SPN Doshi Women’s College, Mumbai | INR 8,865 | 5 LPA | 3.8 |
| Rizvi College Of Arts Science And Commerce, Mumbai | INR 15,500 | 4.5 LPA | 4.0 |
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List of M.Com Colleges in Chennai
| M.Com College in Chennai | M.Com Fees | Placement | Ratings |
| Loyola College, Chennai | INR 11,580 | 6 LPA | 4.3 |
| Stella Maris College, Chennai | INR 20,000 | 5.4 LPA | 4.2 |
| Women’s Christian College , Chennai | INR 48,728 | 6.4 LPA | 4.8 |
| Guru Nanak College, Chennai | INR 11,450 | 7 LPA | 4.3 |
| Presidency College, Chennai | INR 8,700 | 5 LPA | 5.0 |
| Srm Institute Of Technology, Kattankulathur, Chennai | INR 35,000 | 7.8 LPA | 4.1 |
| Queen Mary’s College, Chennai | INR 5,920 | 6.5 LPA | 3.5 |
| The New College, Chennai | INR 3,905 | 6 LPA | 4.5 |
| B.S. Abdur Rahman Crescent Institute Of Science & Technology, Chennai | INR 60,000 | 5 LPA | 4.4 |
| Mohamed Sathak College Of Arts And Science, Chennai | INR 27,000 | 5.4 LPA | 3.0 |
List of M.Com Colleges in Bangalore
| M.Com College In Bangalore | M.Com Fees | Placement | Rating |
| Christ University, Bangalore | INR 75,000 | 10 LPA | 4.2 |
| Kristu Jayanti College, Bangalore | INR 80,000 | 9 LPA | 3.9 |
| NMKRV College For Women, Bangalore | INR 150,000 | 6 LPA | 4.0 |
| St Joseph’s College , Bangalore | INR 78,500 | 8 LPA | 5.0 |
| Seshadripuram College, Bangalore | INR 36,000 | 7 LPA | 3.9 |
| AIMS Institutes, Bangalore | INR 166,000 | 7.2 LPA | 4.0 |
| PES University , Bangalore | INR 80,000 | 6 LPA | 4.1 |
| Presidency College, Bangalore | INR 90,000 | 6.3 LPA | 4.1 |
| T John Institute of Management And Science, Bangalore | INR 72,000 | 4 LPA | 3.8 |
| REVA University, Bangalore | INR 90,000 | 4.4 LPA | 4.2 |
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List of M.Com Colleges in Hyderabad
| M.Com College in Hyderabad | M.Com Fees | Placements | Ratings |
| St Ann’s College For Women, Hyderabad | INR 12,080 | 6 LPA | 4.0 |
| Osmania University College For Women, Hyderabad | INR 22,730 | 5 LPA | 4.0 |
| Pragati MahaVidyalal ,Hyderabad | INR 140,000 | 5 LPA | 3.7 |
| Maulana Azad National Urdu University , Hyderabad | INR 6,100 | 4 LPA | 3.6 |
| Sarojini Naidu Vanita Mahavidyalaya , Hyderabad | INR 11,000 | 4.4 LPA | 3.8 |
| R.G. Kedia College Of Commerce, Hyderabad | INR 12,080 | 3 LPA | 3.5 |
| Osmania University, Prof. G. Ram Reddy Centre For Distance Education, Hyderabad | INR 4,500 | 3.4 LPA | 3.0 |
| Badruka College Of Commerce And Arts ,Hyderabad | INR 9,800 | 3 LPA | 3.0 |
List of some of the Top MCom colleges in Pune
| M.Com College In Pune | M.Com Fees | Placement | Ratings |
| Symbiosis College Of Arts And Commerce, Pune | INR 40,511 | 8 LPA | 4.4 |
| Brihan Maharashtra College Of Commerce, Pune | INR 7,225 | 7.5 LPA | 4.2 |
| Bharati Vidyapeeth Deemed University , Pune | INR 11,500 | 7.4 LPA | 4.0 |
| Abeda Inamdar Senior College, Pune | INR 10,670 | 9 LPA | 5.0 |
| Marathwada Mitramandal’s College Of Commerce , Pune | INR 57,000 | 7 LPA | 4.3 |
| Mit World Peace University, Pune | INR 50,000 | 8 LPA | 4.4 |
| Dr. D.Y. Patil Arts, Science And Commerce College Pimpri, Pune | INR 22,080 | 6 LPA | 3.5 |
| Suryadatta College Of Management, Information Research And Technology, Pune | INR 60,000 | 6 LPA | 4.0 |
| Yashwantrao Mohite College, Pune | INR 11,500 | 7.5 LPA | 4.5 |
| Tilak Maharashtra Vidyapeeth, Pune | INR 14,000 | 8 LPA | 4.0 |
MCom Top Recruiters
The following are the top firms that recruit MCom postgraduate students from various institutions in India, including banks, global corporations, financial firms, and auditing firms:
| M.Com Top Companies & Top Recruiters | ||
| HDFC Bank | SBI | ICICI Bank |
| KPMG | Punjab National Bank | Ernst & Young |
| Amazon | Deloitte | PwC |
| Price Waterhouse | Grant Thornton | Lodha & Co. |
| SS Kothari Mehta & Co. | IndusInd Bank | TFC |
| PricewaterHouse Cooper | Citibank | HCL |
Jobs After MCom
Few of the popular MCom career options are mentioned below:
| Job Profile | Average Package | Highest Package |
| Account Assistant | Up to INR 2.16 Lakhs | Up to INR 4.12 Lakhs |
| Business Analyst | Up to INR 6.1 Lakhs | Up to INR 10 Lakhs |
| Investment Banker | Up to INR 9.4 Lakhs | Up to INR 50 Lakhs |
| Marketing Manager | Up to INR 7.17 Lakhs | Up to INR 20 Lakhs |
| Operations Manager | Up to INR 7.8 Lakhs | Up to INR 20 Lakhs |
| Finance Consultant | Up to INR 6.5 Lakhs | Up to INR 20 Lakhs |
| Chartered Financial Analyst | Up to INR 6.65 Lakhs | Up to INR 20 Lakhs |
| Company Secretary | Up to INR 5.84 Lakhs | Up to INR 10 Lakhs |
What After MCom?
Students with an MCom degree have a range of alternatives for further study, including research, teaching, and other industry specialties. Following MCom, the most prevalent courses are:
· CA (Chartered Accountancy)
· CFA (Chartered Financial Analyst)
· PhD (Doctor of Philosophy) in Statistics, Economics, Accountancy, Finance, and other fields.
· MBA (Master of Business Administration)
· PGDM (Post Graduate Diploma in Management)
· PGPM (Post Graduate Program in Management) for entry into the corporate industry
· CMA (Certified Management Accountant)
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