M.Phil - Commerce

Overview:

M.Phil (Commerce) i.e. Master of Philosophy in Commerce is a two-year-long advanced postgraduate academic research course that deals with Accounting, Finance, International Business, Marketing and organization behavior, and development in the field of the corporate world. Philosophy is idea about human nature and the nature of the reality we live.

 
M.Phil in Commerce makes use of instructional material, special instructional methodology, learning-teaching assistive devices of this type that make it easier for the students to grasp the concepts of accounting and finance to help the corporate world. The course falls under the umbrella of M.Phil. According to Wikipedia, "The philosophy of business considers the fundamental principles that underlie the formation and operation of a business enterprise; the nature and purpose of a business, and the moral obligations that pertain to it."

 
M.Phil. is taken only after completing a Master's degree.  The basic eligibility criteria for getting admission in this course is a Master's degree in relevant discipline from recognized university with minimum 55% marks.Some of the reputed colleges conduct a written test which is comprised of objective type questions followed by personal interview and knowledge in particular subject.  The course fee of this course in India starts between INR 1 to INR 3 Lac. This course fee is different for different institutes.Those who have successfully completed this course can start earning anything between INR 1 to 5 Lac per annum.

The students have a wide variety of job roles, providing them the M.Phil in Commerce job opportunities as Lecturer, Speaker, Teacher, Assistant Professor, Consultant, Human Services Worker, Scientist, Social Service Workers, and Research Assistant, etc.

 
Some of the Highlights of M.Phil Commerce:

 
Top Colleges Offering M.Phil Commerce in India:

• AVC College
• Berhampur University
• Bharath College of Science and Management
• Bhavnagar University
• Abdul Hakeem College
• CBM College of Arts and Science
• Christ University
• CMS College of Science and Commerce
• Dibrugarh University
• DKM College for Women
• Dr Ambedkar Government Arts College,
• Christ University
• Berhampur University

Why Choose M.Phil Commerce:

• After doing M.Com. if you start to do M.Phil in commerce, then with you will become specialize on specific subject of commerce.
  
• M.Phil degree provides you the way to become lecturer in commerce.
  
• M.phil means master of philosophy. If you live in your own philosophy, then you should do M.phil.
  
• From earning point of view, this degree will not be much benefited. But if you have to do PHD in commerce, then it will surely support to you. M.Phil degree gives you the knowledge about how to write good contents of commerce subject.
  
  

Admission Procedure For M.Phil Commerce:

• Student’s admission in the course is done on the basis of marks secured by them in master’s degree. Those who have obtained less than 55% marks are not eligible to get admission in the course.
• Some of the reputed colleges conduct an entrance exam followed by an interview for student’s admission in particular course.
  
• Shortlisted candidates will be called for an interview. Following is the list of some entrance exam conducted for getting admission in this course:
  
• GATE – It is abbreviated as Graduate Aptitude Test in Engineering. After qualifying this course students can get admission in postgraduate programmes. Every year, the exam will be held on February.
  

Eligibility For M.Phil Commerce:

• For getting admission in this course students are advised to check the below-mentioned eligibility once:
  
  
• Students must have passed Post Graduation degree from recognized university with minimum 55% marks and 50% marks must be secured by SC/ ST category candidates.
• Those students who have completed entrance test will also be eligible to apply for particular course
  

Career Opportunities For M.Phil Commerce:

M.Phil in Commerce graduates can work as Lecturer, Speaker, Teacher, Assistant Professor, Consultant, Human Services Worker, Scientist, Social Service Workers, and Research Assistant in the different private and public sectors. Some of the vacancies offered to graduates are:

Jobs Opportunities After M.Phil Commerce:

• Lecturer
• Speaker
• Finance Manager
• Assistant Professor
• Consultant
• Human Services Worker
• Scientist
• Social Service Workers
• Research Assistant

Top Recruiting Areas For M.Phil Commerce:

• Consultancy
  
• Educational Institutes
  
• Human Services Industry
  
• Law Firms
  
• Magazines and Newspapers
  
• Publishing Houses
  
• Research and Development Institutes
  

Syllabus For M.Phil Commerce:

Semester I

Research Methodology
Financial and Cost Accounting
Financial and Computer Application Management
Advanced Research Methodology and Research in the Area of Study

Semester II

Written test in each theory paper
Sessional Marks
Practical examination and viva voce
Elective Subject - I

Semester III

Philosophical Foundations of the Subject
Analysis and Domain Study
Study of Origin and Development of the Subject

Semester IV

Seminars
Dissertation
Study of Relative Discipline to the Subject of Study