M.Com - General

Overview:

MCom stands for Masters of commerce. It is a 2-year postgraduate course focused on providing a deeper understanding of various aspects of Commerce and Business Administration for students who want to pursue a career in Accounting, Banking, Investment, Financial Service, Investment as well as Economics and Marketing.

M.Com course allows the students to work in almost all sectors of the economy and remains one of the most versatile courses in India. The insurance sector, one of the main sectors that employ M.Com graduates of the economy, is expected to reach USD 1 Trillion by 2025, thus generating new jobs for MCom graduates. MCom is popular among aspirants who wish to pursue a career as a teacher or lecturer. For that candidates have to enroll in PhD courses after the completion of the MCom course.

M.Com can be pursued by candidates who have completed their graduation from a commerce background (BCom, BCom Honours) with a minimum score of 50%. The M.Com Admission 2024 is to be conducted on the basis of the merit or entrance examination. The top entrance exams are BHU PET, CUCET, PU CET and many more. The cost of pursuing a MCom course in India, ranges between INR 5,000 -INR 140,000. M.Com average salary in India INR 3,72,913 per annum.

Some of the highlights of M.Com  General:

Top Colleges Offering M.Com  General:

• Aims Institutes, Bangalore
• Shri Ram College of Commerce, New Delhi         
• Loyola College, Chennai               
• Stella Maris College, Chennai     
• Osmania University College For Women, Hyderabad
• Women's Christian Colleg , Chennai        
• Symbiosis College Of ArtsaAnd Commerce, Pune
• Guru Nanak College, Chennai    
• JD Birla Institute, Kolkata
• Presidency College, Chennai      
• Srm Institute Of Technology, Kattankulathur, Chennai
• Christ University, Bangalore
• Shri Ram College of Commerce, New Delhi                         
• Mithibai College of Arts, Mumbai

Why Choose M.Com General: 

Opting for an M.Com (General) offers a host of advantages and opportunities. Here are some compelling reasons to consider:

• Comprehensive Knowledge: Gain a broad understanding of various aspects of commerce, including accounting, finance, marketing, and management.
  
• Versatile Career Options: An M.Com degree opens doors to diverse career paths in accounting, finance, banking, consulting, and management.
  
• Higher Earning Potential: Graduates with an M.Com often have access to higher-paying job opportunities and career advancement.
  
• Professional Development: Enhance your skills in critical thinking, problem-solving, and analytical reasoning.
  
• Further Studies and Certifications: Provides a strong foundation for pursuing further studies like CA, CMA, CPA, or MBA.
  
• Job Security: With a strong background in commerce, graduates enjoy stable and secure job prospects.
  
• Business Acumen: Develop a deep understanding of business operations and strategic management.
  
• Global Opportunities: The knowledge gained is applicable worldwide, offering international career prospects.
  
• Networking: Opportunities to connect with professionals, alumni, and industry experts.
  
• Research Opportunities: Engage in research projects that contribute to the field of commerce.
  
• Entrepreneurial Skills: Learn the fundamentals needed to start and manage your own business.
  
• Academic Opportunities: Provides a pathway for teaching and academic roles in universities and colleges.
  

Admission Procedure For M.Com General :

• The M.Com admissions are done on the basis of merit and entrance examination.
  
• In case of admission through merit list the candidates marks in the graduation level would only be taken for consideration.
  
• In some cases , students are required to give an entrance examination which is usually MCQ based, testing students’ knowledge and background in commerce.
  
• Top MCom Universities such as Delhi University, Banaras Hindu University, Christ University, etc. conduct a national level examination for admission into their PG courses.
  
• Admission to the M.Com course in Calcutta University is done on the basis of a merit list prepared from the BCom or equivalent examination
  
• Hence, to take admission in M.Com course, students are required to apply for the exam, and on the basis of its performance, students are given admissions or succeeded to the next round of admission process, i.e., Counselling or Group Discussion and/or Personal Interview.
  
• A merit list is released on the basis of which students are given admissions.
  

Eligibility For M.Com General :

• Students need to secure a minimum of 50% aggregate in BCom or BCom Hons or equivalent from a recognized university.
  
• Some universities also consider students who have completed Bachelor’s degree in Economics & Statistics, BFIA, BBS and BBE with a minimum aggregate score of 60% or equivalent from a recognized university.
  
• Students belonging to Reserved category are entitled to marks relaxation of up to 5% in government universities.
  
• There is no upper age limit for the admission to the M.Com course.
  

Career Opportunities for M.Com  General:

Jobs Opportunities After  M.Com  General:

• Banking
• Retail
• Educational Institutes
• Customs Department
• Economic Consulting Firms
• Commercial Banking
• International Banking
• Investment Banking
• Accounting and auditing
• Tax advisory services
• Financial services
• Insurance services
• Government services
• Auditor
• Business Analyst
• Company Secretary
• Consultant
• Tax Accountant
• Finance Officer
• Stock Broker
• Economist
• Cost Accountant
• Tax Consultant
• Certified Public Accountant
• Sales Analyst
• Investment Banker
• Financial Analyst 

Top Recruiters of M.Com  General

• HDFC Bank
• KPMG
• Amazon
• PwC
• SBI
• Punjab National Bank
• Deloitte
• Grant Thornton
• IndusInd Bank
• ICICI Bank
• Ernst & Young

Syllabus For M.Com General :

Semester I

Principles of Management
Financial Accounting
Business Environment
Microeconomics
Business Law
Research Methodology

Semester II

Advanced Financial Accounting
Macroeconomics
Business Mathematics
Management Information Systems
Marketing Management
Elective Course (varies by institution)

Semester III

Cost Accounting
Financial Management
Quantitative Techniques for Business
Human Resource Management
Taxation
Elective Course (varies by institution)

Semester IV

Advanced Management Accounting
International Business
Strategic Management
Financial Institutions and Markets
Dissertation/Project Work