What is M.Com?
Masters of Commerce or MCom is a post graduate level course ideal for candidates who wish to make a career in banking financial services and insurance (BFSI) as well as accounting and commerce sectors. The 2-year course delves deeper into the functioning of the economy, capital, revenue, trade, taxes, etc. taught in BCom.
Since, MCom is a specialized area in itself, only those candidates who have pursued BCom or BCom (H), can go for it. MCom is also a good option for CA/CS candidates. However, not many CA/CS aspirants pursue MCom as CA/CS courses can be pursued after class 12.
MCom is most popular among aspiring teachers/lecturers and researchers. UGC-NET/JRF and PhD are among popular options for MCom degree holders.
Admission to MCom in top universities is done through entrance exam. Many universities offer merit based admission to the course.
MCom covers a wide area for study and research and has many specializations to offer besides MCom (General) and MCom (Honours), like:
|MCom (Taxation)||MCom (Economics)|
|MCom (Mathematics)||MCom (Accounting)|
|MCom (Accounting & Finance)||MCom (Statistics)|
|MCom (Banking)||MCom (Finance)|
|MCom (Banking and Finance)||MCom (Finance & Control)|
|MCom (Marketing)||MCom (E-Commerce)|
|MCom (Business Management)||MCom (Computer Application)|
MCom Eligibility Criteria
- Minimum eligibility criteria for MCom is a minimum of 50% marks in aggregate in BCom or BCom (Honours) or equivalent from a recognized university
- Some universities also induct students who have completed Economics (H), BBS, BFIA and BBE will a minimum score of 60% in aggregate or equivalent
- Reserved category students are entitled to marks relaxation of up to 5%
- State level universities also offer marks relaxation to home students
M.Com Job Profiles & Top Recruiters
After completing M.Com, a candidate can seek employment in the BFSI sector, opt for teaching or lecturer-ship or go for research. There are various job options for MCom degree holders in private, public as well as government sectors. Nationalised banks, Railways, Income Tax and other such government departments are good options for MCom degree holders to aim for a secure and prosperous career.
Top job profiles for M.Com degree holders are:
M.Com Job Profiles
|Accountant/Senior Accountant||Finance Manager|
|Finance Executive||Financial Analyst|
|Assistant Manager||Accounts Executive|
|Chartered Accountant||Company Secretary|
|Bank Manager||Risk Analyst|
|Business Analyst||Marketing Manager|
|Securities Analyst||Investment Banker|
|Share Broker||Bank Executive|
|Wealth Manager||Market Analyst|
Every business organization, whether it is an international conglomerate or a NGO, requires commerce graduates in various capacities to run their finance and accounting department. Banks and auditing firms hire M.Com degree holders in large capacity.
Top recruiters includes banks, multinational companies, finance firms and auditing agencies.
MCom Top Recruiters
|SBI||Punjab National Bank|
|Ernest & Young||TFC|