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:
- 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
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:
1- Logical reasoning
2- Ability to remember facts and figures
3- Strong analytical skills
4- Ability to handle pressure (of course as well as work)
5- Strength in Mathematics
6- Strong verbal and communication skills
7- Eye for detail
8- Leadership qualities
9- Knowledge of banking and finance sector
10- 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).