Commerce; Eligibility, Recruiters, Admission, Entrance, Syllabus, Job Prospects

M.Com course provides an insight into commerce, management, and economics as a whole.It is a specialized course which prepares an individual for a career in finance and corporate sector. The course focuses on teaching topics like organizational behaviour, statistical analysis, financial management, business accounting, business environment, strategic management, etc

Top Colleges

  • Amity University, Noida
  • Bangalore University, Bangalore
  • Christ University, Bangalore
  • Hindu College, New Delhi
  • St Joseph's College of Commerce, Bangalore
  • University of Mumbai, Mumbai
  • Symbiosis College of Arts and Commerce, Pune
  • Hansraj College, New Delhi
  • Central University of Rajasthan, Ajmer
  • Stella Maris College, Chennai

Highlights

Course Level Post Graduate
Duration 2 Years
Examination Type Semester System
Eligibility Bachelors' Degree in Commerce (BCom)
Admission Merit based or through Entrance Exams

Courses and Eligibility

Course Duration Eligibility Entrance
BCom 3 Years  Minimum marks in 10+2 as required by individual college Merit Based
MCom 2 Years BCom or related subjects, with 45% minimum marks Colleges conduct separate entrance tests. Common entrance tests include CUCET, AUCET, etc.

Top Recruiters

  • Yes Bank
  • Canara Bank
  • Export- Import Bank
  • Indian Bank
  • Snapdeal
  • Hindustan Unilever Ltd
  • Nestle India
  • Cadbury India
  • Asian Paints India, etc.
  • State Bank of India
  • Punjab National Bank
  • ICICI Bank
  • Citibank
  • HDFC
  • Deloitte
  • IndusInd bank
  • Earnest and Young

Admission Process

The general process for admission to M.Com. course is through an entrance test. The eligibility for appearing in the entrance test is a minimum of 45% marks in the Bachelor’s degree. Common Entrance Test is generally objective type and is of maximum 100 marks. The questions are based on the following topics:

  • Logical Reasoning
  • Quantitative Aptitude
  • English Language
  • General Knowledge 

After the entrance test, students are shortlisted for Group Discussion and Personal Interview round. Some universities may not conduct Group Discussion. There is no minimum or maximum age bar for this course generally.
Universities such as University of Delhi also offer direct admission to M.Com. program. Direct admissions are offered according to the merit in the undergraduate degree.Generally, students with a first class degree in B.Com. are given direct admission to the M.Com. program.

Syllabus

  • Accounting for Managerial Decisions
  • Business Environment
  • Computer Applications in Business
  • Corporate Financial Accounting
  • Corporate Legal Environment
  • Corporate Tax Planning
  • E-Commerce
  • Economics of Global Trade and Finance
  • Financial Management
  • Management Concepts and Organization Behaviour
  • Managerial Economics
  • Marketing Management
  • Statistical Analysis
  • Strategic Management

Skills Required

  • Logical reasoning
  • Ability to remember facts and figures
  • Strong analytical skills
  • Ability to handle pressure (of course as well as work)
  • Strength in Mathematics
  • Strong verbal and communication skills
  • Eye for detail
  • Leadership qualities
  • Knowledge of banking and finance sector
  • Good with computers

Top Entrances

  • CUCET
  • AUCET
  • PUET
  • DUET, etc.

Career and Job Prospects

Job Profile Job Description Average Salary in INR
Accountant Accountants perform financial calculations for companies in a wide variety of fields. 2.5 lakh
Finance Manager Finance managers develop and monitor departmental budgets.  They make relevant financial forecasts for their company. 10 lakh
Operations Manager Operations managers oversee their organization’s production of goods and/or services.  They oversee various departments, such as purchasing, warehousing, and manufacturing. 7.8 lakh
Financial Analyst A financial analyst carefully studies marketplace trends, demographics and microeconomic factors to help the company make smart investments. 4 lakhs

FAQs

Q: What are the career prospects after MCom?
A:  After completion of this program, a student can also find employment in both Private and Public Sector. An M.Com. degree holder can look for a career opportunity in public sector in various nationalized banks like State Bank of India, Union Bank etc. Railway Recruitment Board recruits these postgraduates for the post of Assistant Accounts/Audit Officer.
In Private Sector too, they can find employment in many roles such as:

  • Accountant
  • Finance manager
  • Operation manager
  • Financial analyst
  • Assistant finance manager
  • Account executive

They can also join Heavy Engineering Corporation Limited (HEC Ltd) as Accounts assistant. With experience, they can move up to the position of Senior Accounts Executive, Senior Executive of Corporate Sales or even ERP Functional Executive.

Q: Which are the top recruiters in private sectors for MCom graduates?
A: Here are some of the top recruiters for MCom graduates:

  • YES Bank
  • Canara Bank
  • Export-Import Bank, India
  • SnapDeal

For more details, refer to the Top Recruiters section.

Q: What are the top colleges for Commerce in India? 
A: Here are some of the best colleges in the country for studying Commerce: 

  • Amity University, Noida
  • Bangalore University, Bangalore
  • Christ University, Bangalore
  • Hindu College, New Delhi

For further details refer to the Top Colleges section.

Q: What are the skills required for a career in Commerce?
A: Given below is the skill set necessary for a career in Commerce:

  • Logical reasoning
  • Ability to remember facts and figures
  • Strong analytical skills
  • Ability to handle pressure (of course as well as work)
  • Strength in Mathematics
  • Strong verbal and communication skills
  • Eye for detail
  • Leadership qualities
  • Knowledge of banking and finance sector
  • Good with computers

Q: What is the admission process into MCom?
A: The general process for admission to M.Com. course is through an entrance test. The eligibility for appearing in the entrance test is a minimum of 45% marks in the Bachelor’s degree. Common Entrance Test is generally objective type and is of maximum 100 marks. The questions are based on the following topics:

  • Logical Reasoning
  • Quantitative Aptitude
  • English Language
  • General Knowledge 

After the entrance test, students are shortlisted for Group Discussion and Personal Interview round. Some universities may not conduct Group Discussion. There is no minimum or maximum age bar for this course generally.
Universities such as University of Delhi also offer direct admission to M.Com. program. Direct admissions are offered according to the merit in the undergraduate degree.Generally, students with a first class degree in B.Com. are given direct admission to the M.Com. program.  

Q: What is the minimum eligibility criteria for getting admission into MCom?
A: For admission to M.Com. program, students must fulfill the below mentioned eligibility criteria.

  • Bachelor’s degree in Commerce
  • Minimum 45% marks at the level of graduation
  • Certain universities also admit students with a B.A. Economics (Hons.) degree
  • Students who have passed B.B.S., B.B.A., B.F.I.A. and B.B.E. with at least 60% marks can also apply

Q: What are the scopes for higher education after MCom?
A: After pursuing M.Com., students can opt for higher courses like:

  • MBA Finance
  • MBA e-Commerce
  • PhD (Commerce)
  • PhD (Business Administration)

MBA is being offered by many Top Universities all over India including Indian Institute of Management (IIM), Ahmedabad and Symbiosis Institute of Business Management, Pune (SIBM).

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