M.Com (Hons) - Course, Admission, Eligibility, Syllabus, Scope & Career Growth

MCom (Hons) is a postgraduate degree programme offered in the discipline of commerce. The duration of the course is generally two years spread across four semesters. Aspirants who wish to pursue the course must have completed their graduation in BCom or a similar discipline. Students will get a deep understanding of accounting and management and business management during the course.

Candidates will also learn about the functioning of the economy, capital investments, banking and finance. In India around 9 colleges offer this degree programme. The admissions can be through an entrance examination or merit score in the qualifying examination as per the policy of the institute.

What is the Full Form of MCom (Hons)?

MCom is an abbreviation of Master of Commerce Honours. It is often considered more specialised and detailed as compared to general MCom degree. It may also include a research or thesis to complete the graduation requirements.

Highlights- MCom (Hons)

MCom (Hons) Fee Structure

The fee structure of MCom (Hons) degree can vary from one institute to another. It is planned by the management authorities concerning the cost of facilities provided to the students. The average fee for MCom (Hons) ranges from Rs. 20,840 to Rs. 1.32 Lakhs.

Why Choose MCom (Hons)?

Choosing an MCom Hons can be very beneficial for the students. It equips the students with the skills and knowledge required in managing business and industry. Graduates have a wide range of career options in industries such as finance, commerce, and management as compared to a regular MCom.

MCom course can also help in enhancing various soft and technical skills. Some of the skills are business studies, logical reasoning, communication, and analytical skills. There is a high demand for professionals with specialised commerce skills. Job profiles include accountant, investment advisor, financial advisor, investment banker, bank manager, and tax consultant.

M.Com (Hons) Eligibility

It is mandatory for aspirants to fulfill the basic eligibility conditions as specified by respective authorities. Since, the admission to M.Com Hons is done on the basis of entrance examinations or through direct merit-score therefore, the eligibility conditions of M.Com Hons. changes accordingly. Some important and general M.Com (Hons) eligibility conditions are mentioned below.

• Aspirants who have completed their BCom related degree programme from a recognised institute in India are eligible for admissions.
• They must score a minimum aggregate score of 50 per cent or as specified by the institute.
• Those belonging to the reserved categories may get some in the required aggregate percentage.

M.Com (Hons) Admissions

The admissions to the MCom Hons. degree will be either based on the merit-score or marks obtained in the entrance examinations. Students must check the eligibility criteria on the official website of the college before applying for admissions. Generally, the common admission procedure of MCom Hons degree is listed below.

• Candidates must meet all the requirements first.
• They must appear for and pass the respective entrance exam.
• Based on the marks scored in the entrance exams, seats are allotted.
• If seats remain vacant, admission can be provided based on the degree scorecard to candidates who have not appeared for the entrance exam.
• Selected candidates can pay the course fees to finalise their seats.

Skills Required for MCom (Hons) Degree

Students aspiring to pursue MCom Hons degree must have certain skills. These skills will not only help them in their academics but also be very useful in their future careers. Listed below are the essential skills and attributes for MCom (Hons.) degree.

• Analytical Skills
• Logical Reasoning
• Good Communication
• Managerial Skills
• Critical Thinking

Top M.Com (Hons) Exams

Generally, the admissions are based on the score achieved by the candidates in their bachelor's degree. Some universities may conduct their own examinations as part of the selection criteria. Students are advised to check the official website of their preferred institute to know the admission requirements and procedure.

M.Com. (Hons.) Cutoff

A cut-off is the minimum score or rank required by colleges for admission. Each year, colleges release cut-offs based on the merit of previous exams or entrance tests. Students who meet or exceed the cut-off percentage are eligible for enrollment in the course.

M.Com (Hons) Syllabus

The syllabus of M.Com Hons. is divided into four semesters for four years. Business Statistics, Quantitative Techniques for Business, Financial Management and Policy, and Managerial Economics. Check the semester-wise M.Com Honors syllabus below.

MCom (Hons) 1st Year Syllabus

In the first year of MCom (Hons) students will learn basic and foundational subjects. Financial Planning, Marketing Management, and Quantitative Techniques for Business, and Managerial Accounting are the popular subjects.

MCom (Hons) 2nd Year Subjects

In the second year, the curriculum will consist of advanced level subjects. Entrepreneurship, Corporate Governance, and Business Research are the popular subjects.

M.Com (Hons) Specializations

The M.Com Hons course is related to fundamental concepts of commerce, electives and are usually related to particular subjects and specific knowledge. The specialisations offered in MCom (Hons) course are listed below

• Banking
• Business Management
• Computer Applications
• E-Commerce
• Economics
• Finance

What after MCom (Hons)?

After completing MCom (Hons) course, students have various career options to choose from. Some of the popular job roles are Accountant, Tax Consultant, Financial Manager, Auditor, annd Business Consultant. Those interested in higher education can also apply for courses such as MBA, Chartered Accountant (CA), Company Secretary (CS), and Chartered Financial Analyst (CFA).

Careers Opportunities after M.Com (Hons)

Graduates who wish to get jobs in the reputed companies can have diverse options. They should choose a career based on their interests and future goals and aspirations. Mentioned below are some of the popular career options along with the job profile.

Accountant: Accountants are professionals who specialises in managing and analysing financial records of a company. They are responsible for keeping track of all financial activities such as income and expenses.

Business Analyst: Business Analysts are professionals who help an organisation to improve their existing products or services with the help of data analysis. They collect and analyse data to identify business needs and problems.

Investment Banker: Investment Bankers are finance professionals who help companies, governments, and other entities to raise their capital and manage complex financial transactions. They also analyse market trends to make informed decisions.

Marketing Manager: Marketing Managers are professionals who are responsible for planning, implementing, and overseeing marketing strategies to promote a company's product or services. They develop market strategies to achieve the business goals.

Top Recruiters

• Deloitte
• EY
• KPMG
• Goldman Sachs
• Morgan Stanley
• HDFC Bank
• SBI

M.Com (Hons) Salary

The average salary for a Master of Commerce Honors (M.Com Hons) of an aspirant varies gradually. The variation may vary due to the sector and firm of employment and the candidate’s dedication and experience in the workplace. Below mentioned are some of the salary scales for the M.Com (Hons) course as per the experience years.

Source: AmbitionBox

Top Private MCom (Hons) Colleges in India with Fees

Private colleges are often more expensive as compared to government institutes. In the table below, we have mentioned the popular private MCom (Hons) colleges along with their respective fees. Students can choose the college as per their choice and availability of the course.

Top Government MCom (Hons) Colleges in India with Fees

Government colleges are known for their quality education and low fees. Some of the popular government MCom (Hons) colleges are mentioned below along with their respective fee.s

An MCom Hons degree equips the students with advanced knowledge in commerce, finance, and business disciplines. It also provides diverse career options. Graduates are well-prepared to join professional roles or apply for higher education.