M.Com Vs MBA – Which Degree is Better for Career Opportunities
The major difficulty commerce students face after completing their undergraduate degree is whether to opt for an MCom (Master of Commerce) or an MBA (Master of Business Administration). Both of these degrees are excellent choices for management aspirants, however, some differences set them apart.
MBA and M.Com are both postgraduate degrees in the field of management, however, the difference lies in the course curriculum and approach of the two courses. While they may seem similar, MBA programmes focus more on the practical aspects and experiential knowledge of the concepts. M.Com is more on the theoretical side. Management degree aspirants can choose from both of these degrees, however, the scope and career aspects may be different.
MBA and M.Com are amongst the most popular postgraduate degrees pursued by management aspirants. In this article, we will learn about both of these degrees in detail, their similarities and differences, benefits, scope, career opportunities, and fee details.
What is an MBA degree?
Master of Business Administration or MBA is a popular professional degree in the field of management. It is generally of two-year duration, spread across six semesters. It has long been recognised as one of the highest-paying degrees in the world. It provides students with advanced knowledge of business and managerial concepts, along with good practical knowledge. After graduation, students can apply for many medium to senior-level job roles and earn good salary packages.
What is an M.Com degree?
Master of Commerce, popularly known as MCom is another promising management degree. The course duration is also similar to an MBA, which is two years. The course curriculum provides in-depth knowledge of subjects such as commerce, finance, management, and economics. Unlike an MBA, an M.Com degree is generally focused more towards a theoretical understanding of the concepts.
M.Com vs MBA
After their under graduation, many students are confused about whether to choose an MCom or an MBA degree. The difference lies in their approach to education. While an MBA focuses on providing broader business knowledge and skills, an M.Com specialises in a specific field of management, which is commerce. In the table below, we have provided a comparison of both degrees.
Particulars | MCom | MBA |
|---|---|---|
Full Form | Master of Commerce | Master of Business Administration |
Degree Level | Postgraduate | Postgraduate |
Eligibility Criteria | Bachelor’s degree from a recognised institute in India | Bachelor’s degree from a recognised institute in India |
Admission Process | Entrance exam+GDPI | Entrance exam+GDPI |
Fees (for the entire duration) | Rs. 35,000 to Rs. 50,000 | Rs. 50,000 to Rs. 25 Lakhs |
Job Profiles | Chartered Accountant, Company Secretary, Accountant, Business Analyst, Investment Banker | Finance Manager, Marketing Manager, HR Manager, Business Analyst, Sales Manager |
Top Recruiters | Deloitte, KPMG, Accenture, HDFC Bank, ICICI Bank, Bain and Company | Google, Citibank, ITC, Larsen and Toubro, Amazon, Wipro, TCS |
As per the table above, it is clear that an MBA is an expensive degree as compared to an M.Com. However, the return on investment is also on the higher side. The admission process and eligibility criteria for both degrees are very similar.
MCom vs MBA- Which is Better?
It is very difficult to decide which of these two degrees is better. Both of these degrees provide a promising and high-paying career. However, there are some major points to consider before pursuing each of these degrees. Listed below are some of the key aspects of these degrees.
MBA is a professional degree that prepares graduates for a variety of job profiles and allows them to earn decent salaries.
M.Com programmes are more affordable as compared to an MBA degree. Therefore, students having financial constraints can apply for an M.Com degree.
While an MBA is an expensive degree, it also provides a chance to earn good salary packages, good networking opportunities, professional experience and job-suitable skills.
M.Com is more focused towards theoretical aspects related to the field of commerce. Therefore, students will have an in-depth understanding of a particular field.
An MBA generally provides knowledge of broader business concepts, therefore students can choose their preferred area of specialisation depending on their future goals and aspirations (Finance, Marketing, or Human Resource Management).
MCom and MBA Career Opportunities and Average Salary
In the table below we have discussed the average salary of some of the popular career opportunities after MCom and MBA. Students should decide on the job role as per their preferences and future aspirations.
MBA Average Salary
Job Profiles | Average Salary |
|---|---|
Business Analyst | Rs. 9.8 LPA |
Marketing Manager | Rs. 12.7 LPA |
Human Resource Manager | Rs. 4.4 LPA |
Finance Manager | Rs. 17 LPA |
MCom Average Salary
Job Profile | Average Salary |
Chartered Accountant | Rs. 10.7 LPA |
Company Secretary | Rs. 9.3 LPA |
Accountant | Rs. 3.21 LPA |
Conclusion
To conclude, it is very difficult to judge which degree is better, it depends on the individual preferences, and their future goals and preferences. Candidates are advised to check all the course details before applying for admission. Both MBA and MCom are promising choices, however, both have their own pros and cons.
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Questions related to MBA
BSC and MBA is a good combination for business firms so you get good salary between 5 to 7 lakh if you do MBA from any other than IIM but in IIM a mba graduate would get average salary depending on his skill and company requirement it can be between INR 10–20 LPA, while the average salary for graduates from top IIMs is between INR 20–25 LPA.even MNCs offers highest package more than a crore so there is no limit.
If you make it to IIM it shows your skill and knowledge because there is a tough competition so you can easily earn a decent amount and after some experience even you earn more keep your momentum for atleast 5 years to grow in your career.
Hello,
The average package for an MBA graduate in India varies widely depending on several factors, such as the institution's reputation, specialization, and candidate skills. Here’s a breakdown:
-
Top-Tier Institutes (IIMs, ISB) :
- Average Package : Rs. 20-30 LPA (Lakh Per Annum).
- Highest Package : Can go up to Rs. 70 LPA or more for select roles and companies.
-
Tier-2 Institutes (SPJIMR, MDI, XLRI) :
- Average Package : Rs. 12-18 LPA.
- Top Offers : Around Rs. 25-30 LPA.
-
Other Institutes :
- Average Package : Rs. 6-10 LPA.
- Top Offers : Up to Rs. 15-20 LPA for strong candidates.
-
Sector Impact :
- Consulting, finance, and tech sectors often offer higher packages compared to manufacturing and sales.
-
Specialization :
- Finance, consulting, and data analytics specializations tend to attract higher packages than other fields.
Overall, an MBA from a reputed institute significantly boosts earning potential.
Hope it helps !
Yes, there are several MBA colleges in Vadodara that offer part-time programs, allowing you to pursue your MBA while working. Here are a few options:
- Drs. Kiran & Pallavi Patel Global University: This university offers a part-time MBA program that is designed for working professionals. The classes are held on weekends and evenings, so you can continue to work full-time.
- The Maharaja Sayajirao University of Baroda: The university offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.
- Parul University: Parul University offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.
- Navrachana University: Navrachana University offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.
- ITM Vocational University: ITM Vocational University offers a part-time MBA program that is spread over two years. The classes are held on weekends and evenings.
These are just a few of the many MBA colleges in Vadodara that offer part-time programs. Be sure to research each college carefully to find the one that best meets your needs and goals.
For more information about MBA colleges in India, you can go through the link attached below.
https://bschool.careers360.com/colleges/list-of-mba-colleges-in-india
Percentile is basically the performance of candidate with respect to total number of candidates.
For mht mba cet percentile for various marks range is
Marks. Percentile
160+ 99.5+
150+. 99.0+
150-140. 99-98
140-130. 98-97
130-120. 97-96
120-110. 96-95
110-100. 95-94
100-90. 94-93
90-80. 93-92
80-70. 92-80
Hello and thank you for reaching out!
Let me help clarify your question about pursuing a Ph.D. after MBA Agriculture at IGKV Raipur, Chhattisgarh.
Yes, you can generally pursue a Ph.D. after completing your MBA in Agriculture, provided you meet the eligibility criteria. Here's what you typically need to know:
Requirements usually include:
1. A master's degree (MBA Agriculture in your case) with minimum required percentage (usually 55-60%)
2. Valid entrance test scores (like UGC NET/JRF or university-specific entrance tests)
3. Research proposal submission
4. Personal interview performance
The admission process typically involves:
- Submitting your application during the announced admission period
- Qualifying the entrance examination
- Attending document verification
- Clearing the interview round
- Research proposal evaluation
However, for the most accurate and up-to-date information about Ph.D. admissions, I strongly recommend:
1. Checking the official university website
2. Contacting the university's admission office directly
3. Reviewing the detailed Ph.D. prospectus when it's released
4. Monitoring admission announcements regularly
Would you like to know more about Ph.D. preparation or research areas in agricultural management? Feel free to ask any specific questions, and I'll be happy to help!
For comprehensive information about agricultural education and research opportunities, you can also visit our website.