GMAT™ Exam
Unlock GMAT Success Timeline & Expert Videos | Select test center appointment | Scores valid for 5 Years | Multiple Attempts
MCom or Master of Commerce is a postgraduate degree. The course duration is three years, spread across six semesters. It focuses on the fundamental aspects of trade and commerce. MCom focuses on accounting, economics, finance, business laws, marketing, and management subjects. Some of the important subjects include Organisation Theory and Behaviour, Statistical Analysis, Accounting Theory and Practice, and International Business.
To be eligible for the course, students should have completed their BCom or relevant bachelor's degree from a recognised university in India. Students must also achieve an aggregate score of 50-60 per cent depending on the provider. Admission to the MCom course is mostly done based on the CUET PG examination. CPGET and APPGCET, and MAH CET are other popular entrance examinations. While private institutes may have their own university-level examinations.
In India, more than 4200 educational institutes offer this course. Out of which around 3088 are private colleges and the rest 1198 are public-owned institutes. Calicut University, UNIRAJ, Gujarat University, Lucknow University, and Kerala University are some of the prominent institutes offering MCom courses in India.
MCom graduates can apply for various professions such as Chartered Accountancy, Company Secretary, Cost and Work Accounting, Insurance and Banking services. Students can also apply for higher studies and pursue careers as a lecturer and assistant professors at premier institutes. The average salary of an accountant in India is Rs. 6 Lakhs.
M Com full form of Master of Commerce is a postgraduate course in the field of commerce. Major candidates who complete graduation with B.Com proceed with M.Com. It is one of the most prominent courses for commerce background students.
The full form of MCom is Master of Commerce, it is a postgraduate course of two-years duration. It consists of four semesters. MCom course provides advanced knowledge of accounting, finance, marketing, and management domains. Students aspiring to pursue a career in chartered accountancy, or company secretary, can also apply for the MCom degree programme.
Particulars | Values |
---|---|
Course Name | MCom |
MCom Course Level | Postgraduate |
MCom Full Form | Master of Commerce |
MCom Course duration | 2 Years |
MCom Admission process | Based on the entrance exam/merit-based |
MCom Entrance Examinations | CUET PG, CPGET, APPGCET |
MCom Eligibility Criteria | Candidates are required to have 50 per cent in B.Com from a recognised university. |
MCom Top Colleges | Calicut University, UNIRAJ, Gujarat University, Lucknow University, Kerala University, and DU SOL |
MCom Course Fees | Rs. 4,920 to Rs. 4.59 Lakhs |
MCom Average Salary | Rs. 5 LPA (AmbitionBox) |
MCom Career Options | Chartered Accountant, Company Secretary, Insurance and Banking services. |
Also Read-
MCom or Master of Commerce is a postgraduate course of two years duration. The course provides knowledge of finance, economics, business laws, and commerce disciplines. To be eligible for the course, students must hold a BCom or a bachelor's degree in any discipline. They must also achieve an aggregate score of 50-60 per cent, depending on the provider.
Studying an MCom in 2025 has various benefits, listed below are some of the benefits of pursuing a BCom course.
Diverse career opportunities- An MCom degree prepares the candidates for a variety of career paths such as Chartered Accountant, Company Secretary, Manager, and Business Lawyer. Students can choose a career depending on their interests and future goals.
Entrepreneurship Opportunities- MCom graduates also provide students with knowledge of entrepreneurial principles, which allow them to establish their own business in future.
Higher studies- Once graduating with an MCom degree, candidates can also apply for higher studies such as a PhD in relevant disciplines.
Global exposure- MCom graduates can get jobs at various multinational companies in India and abroad.
Students interested in pursuing an MCom course should meet the eligibility requirements. Eligibility requirements differ depending on the institute. however, it remains more or less the same for every institute. In the table below, we have mentioned the MCom eligibility criteria.
Eligibility Parameters | Educational Qualification |
---|---|
Educational Qualification | B.Com or Bachelor's degree from a recognised institute in India |
Minimum aggregate score | 50-60 per cent aggregate score, 5-10 per cent relaxation for candidates belonging to the reserved categories |
The admission to M.Com is based on the merit of a bachelor’s degree in commerce - B.Com from a recognized university or college. It is also based on an entrance exam. The admission process for the M.Com, in brief, is given below.
M.Com course is also offered to the students through the distance mode. Candidates can go for the M.Com Distance Admission in case they are unable to attend regular classes by being physically present at the institute. Such candidates can enrol for admission to the M.Com course through the distance mode.
Admission to the M.Com course in the distance mode is offered based on the merit of the qualifying examination and there is no entrance exam conducted for admission by the colleges offering this course. IGNOU is one of the universities offering distance education in M.Com. The detailed M.Com Distance Admission procedure is given below:
Listed below are some of the popular entrance examinations required for MCom admissions.
Exam Name | Conducting Body | Exam Schedule |
---|---|---|
CUET PG | National Testing Agency (NTA) | CUET PG Exam Schedule |
CPGET | Osmania University | CPGET Exam Schedule |
Also Read-
Some of the popular MCom specialisations one can opt in MCom are listed below. Students should choose the specialisations depending on their interests and future goals.
Financial Institutions and Markets: Deals with an interest rate, financial markets, banking, financial services, and financial inclusion.
Security Analysis and Portfolio Management deal with an analysis of fixed-income securities, equity analysis, portfolio analysis, management, and financial derivatives.
The International Financial System focuses on the international monetary system, exchange rate determination and forecasting, international financial market, international banking, and financial crises.
Advertising and Sales Management: The area deals with the organisation and evaluation of advertising efforts. It also covers the topics of fundamentals of personal selling, sales planning, and organisation.
International Marketing: The specialisation deals with international product planning and pricing decisions, international distribution decisions, international promotion strategies, and emerging trends in international marketing.
Consumer Behaviour: This deals with the consumer decision-making process, individual differences in consumers, and socio-cultural determinants of consumer behaviour.
Supply Chain Management and Logistics: This field deals with managing relationships, logistics and supply chain management, and challenges in logistics, and supply chain.
Human Resource Development: This deals with HRD activities and applications, HRD in trends and practices.
Management of Industrial Relations: This area focuses on the structure and evolution of industrial relations, industrial conflicts and disputes, industrial conflicts and disputes resolution, trade unions, negotiation, collective bargaining and industrial democracy.
Strategic Human Resource Management (SHRM): This area deals with implementing strategic human resource management, and trends and issues in SHRM.
Compensation Management and Employee Welfare Laws: This area covers various acts related to workforce management, which includes payment, wages, compensation, and maternity benefits.
This is the study of accounting principles and other finance-related subjects.
Students can study an MCom in a variety of modes, depending on the preference and convenience of the candidate. While a full-time MCom is the most popular mode, candidates can also choose online MCom, Distance MCom, or part-time MCom. Listed below are the details of the MCom course.
MCom Course Type | MCom Course Details |
---|---|
Full-Time MCom |
|
Part-Time MCom |
|
Online MCom |
|
M.Com is a postgraduate degree in the commerce discipline. This is a two-year degree course offered by the universities. After completing a two-year degree course, students get an academic degree from the respective university, which is designated as a Master of Commerce.
In-depth Knowledge- If an individual pursues a master's degree he or she get exposed to a lot of in-depth knowledge about the field. The same applies to someone who will pursue an M.Com. If a student has pursued a bachelor's in commerce, then an M.Com degree will provide him or her with a lot of knowledge about the areas which they would have studied in the past.
Wider scope- After pursuing an M.Com a student has a wider scope in terms of career as well as job opportunities. He or she can get a job easily, especially in the field of finance and accounting.
Further Studies- For a candidate who wishes to pursue a PhD in future he or she can pursue an M.Com before that in order to have in-depth knowledge of the field.
The MCom course curriculum prepares the graduates for a successful career in trade and commerce. It covers fundamental knowledge of accounting, economics, and finance. Listed below are the MCom subjects of 1st year.
In the first year of MCom, students learn advanced financial accounting, advanced cost accounting, managerial economics, and human resource management. In the table below, we have discussed the 1st year syllabus of MCom.
Semester 1 | Semester 2 |
---|---|
Advanced Financial Accounting | Research Methodology |
Indian Financial System | Advanced Cost Accounting |
Managerial Economics | Cooperation |
- | Human Resource Management |
In the second year of MCom, candidates study statistical techniques, international business environment, along with project work or thesis.
Semester 3 | Semester 4 |
---|---|
Core Group | Core Group |
Advanced Management Accounting | International Business Environment |
Statistical Techniques | Project |
M.Com degree holders have ample scope for the job in the finance and corporate sector. After completing the degree, they can choose and apply to various jobs, like operation manager, finance consultant, investment banker, marketing manager, accountant and business analyst.
The salary offered in various professions varies from sector to sector depending upon the skills, qualifications, experience, and other specific demands of the recruiters. As freshers or at the entry level the average salary package offered varies from Rs. 2 lakhs per annum to Rs. 5 lakhs per annum. The experienced person can earn up to Rs. 8 lakhs per annum.
Job Role | Job Description |
---|---|
Operation Manager deals with the hiring procedures, setting up targets, and team management. They also identify areas of improvement and implement strategies to streamline processes. | |
Investment Banker helps clients to raise money in the capital market and issue debt or sell their equity in the companies. | |
Marketing Manager helps the organization and the institute to develop and implement the marketing plans of the organisation. | |
An accountant takes care of the finance-related matters of the organisations or institutes. He keeps a record of the expenses that occur throughout the year with the help of accounting software. He also makes the organisations aware of the existing funds and future expenses. An accountant prepares and distributes cheques, and manages record-keeping work at banks and account departments of various organisations. | |
A business analyst analyses the market, product lines, and the overall profitability of the business. They analyse the problems and look for a suitable solution. |
Read more on MCom Career options-
After completing MCom, graduates can choose from a wide range of career-oriented courses. These courses can provide the students with job-specific skills and increase their employability. Listed below are some of the courses available after MCom.
Also Read-
The average salary after graduating with an MCom degree differs depending on various factors such as the work location, and the skills and experience of the graduates. Salary offered for the same job role in private and government sectors can also vary significantly. In the table below, we have discussed the MCom average salary of some of the popular job roles.
Job Profile | Average Salary |
---|---|
Operations Manager | Rs. 10.09 LPA |
Investment Banker | Rs. 14.8 LPA |
Marketing Manager | Rd. 12.7 LPA |
Business Analyst | Rs. 9.8 LPA |
Source: AmbitionBox
Note: The salary mentioned above is just for reference purposes, actual salary scales depend upon a lot of factors such as the interview, educational proficiency and the employer as well as the geographical location of the job.
MCom graduates are hired by various companies, particularly in the finance, accounting, and management departments. Candidates can work at both multinational companies and small-scale businesses. In the table below, we have mentioned popular MCom recruiters.
MCom Top Recruiters | |
---|---|
Deloitte | EY |
KPMG | PwC |
ICICI Bank | Axis Bank |
Amazon | |
RBI | Microsoft |
In India, various private colleges offer MCom in various specialisations. Private colleges are generally expensive compared to government institutes. In the table below, we have provided some of the popular MCom colleges along with their respective fee details.
Colleges | Fees |
---|---|
Rs. 1.50 Lakhs | |
- | |
Rs. 13,580 | |
Rs. 60,000 | |
Rs. 28,000 | |
Rs. 80,320 | |
Rs. 44,000 | |
Rs. 26,000 | |
Rs. 1.32 Lakhs |
Also Read-
Government colleges are known for their quality education and nominal fees. Students interested in studying MCom from a government institute in India should meet the eligibility criteria. In the table below, we have mentioned the MCom colleges in India along with their respective fee details.
Colleges | Fees |
---|---|
- | |
Rs. 9,950 | |
- | |
- | |
- | |
- | |
- | |
Rs. 9,780 |
Online education has become very important in recent years. Various private colleges offer online MCom courses in India. In the table below, we have mentioned the top online MCom colleges along with their fee details.
Colleges | Fees |
---|---|
AMU Aligarh | Rs. 33,000 |
Mangalayatan University Online | Rs. 36,000 |
KSOU Mysore | Rs. 40,000 |
Mizoram University Online | Rs. 43,400 |
LPU Online | Rs. 98,800 |
To conclude, MCom is a popular course that provides students with diverse career options and high-earning potential. To be eligible for the course, students must meet the eligibility criteria and follow the admission procedure.
Candidates are required to submit their application online at the college or university’s website. Eligible candidates will be shortlisted based on their merit or entrance test exam.
After the two-year degree, candidates can opt for professions like Chartered Accountancy (CA), Company Secretary (CS), Cost and Work Accountancy (CWA), Insurance & Banking services.
The top colleges for M.Com are Shri Ram College of Commerce, Hansraj College, St. Joseph College, Stella Maris College for Women, St. Xavier's College, Sri Guru Gobind Singh College.
Some of the popular MCom specialisations are Finance, Computer Applications, Accounting, Taxation, and Human Resource Management.
International financial management, deals with cross border investment decisions, financing decisions, working capital management. It also deals with international diversification and portfolio investment and international tax environment and international accounting.
There is a good scope in academics after studying M.Com. Candidates need to appear for the UGC NET/JRF exam. Based on their UGC score candidates will get NET or both NET and JRF. After clearing the UGC NET/JRF, candidates are eligible for lectureship at colleges or they can join for the Ph.D.
The Business Analyst, analyze the market, product lines, and the overall profitability of the business. They analyze the problems and look for a suitable solution.
Accountant takes care of the finance-related matter of the organisations or institutes. He keeps the record of the expenses that occur throughout the year with the help of accounting software. He also makes the organisations aware of the existing fund and future expenses. An accountant prepares and distributes cheques, and manages record-keeping work at banks and account departments of various organisations.
Investment Banker helps clients to raise money in the capital market and issue debt or sell their equity in the companies.
Salary package will be between 2 to 5 LPA, depending on the skills of the candidates.
Management of industrial relation focuses on the structure and evolution of industrial relations, industrial conflicts and disputes relations, industrial conflicts and disputes resolution, trade union, negotiation, and collective bargaining and industrial democracy.
Yes, you can pursue an MBA from a regular university and an M.Com from IGNOU simultaneously, as long as one is a regular course and the other is through distance learning. According to the UGC guidelines, students can pursue two degrees at the same time, provided one is in regular mode and the other in open or distance mode.
Is it worth it?
It depends on your career goals:
I f your goal is corporate jobs or entrepreneurship : An MBA alone is generally more valuable. It provides managerial skills, industry exposure, and better job opportunities. Adding an M.Com may not significantly enhance your profile unless you aim for academic or research roles.
If you’re interested in teaching or research : Having both an MBA and M.Com can be beneficial, especially if you later plan to pursue a PhD or teaching career. M.Com strengthens your academic foundation.
Hi,
List of some of the best colleges for M.Com in Kanpur includes:
Hope this information will help you
Hello,
Admissions for the M.Com program at Mumbai University for 2024 have already concluded. The online registration started on May 22, 2024, and the last date for application submissions was June 15, 2024. The admissions process was based on merit, and no entrance exam was required. The university will release its merit lists based on candidates' undergraduate performance.
Hope this helps you
To be eligible for admission to the Master of Commerce (M.Com.) program at All Saints College, Thiruvananthapuram, you must have a minimum of 45% marks in b.com and you must appear for Kerala university conducted for m.com admission.according to last years cutoff you need to be under 750 rank in the entrance exam as marks are always fluctuating every year with the performance of candidates so there will be change every year in cutoff marks but rank will still the same.
whether the organisation is public or private, as well as the nation. Here are a few broad recommendations:
Government/Public Universities: In India, the average tuition prices are less, ranging from 5,000 to 50,000 for a two-year program. Universities like the University of Mumbai and Delhi University are two examples.
Private Universities: The cost of a two-year course at a private university might range from 50,000 to 2,00,000. This could apply to establishments like as Symbiosis, Christ University, and Amity University.
For precise information about the cost structure of the particular university you're interested in, visit their official we bsite.
MSc Finance and MSc International Management Admissions 2025 Now Open | Ranked Among the Top 100 Universities in the World by QS World University Rankings 2025)
100+ Industry collaborations | 10+ Years of legacy
Accorded Institution of Eminence by MoE, Govt. of India | NAAC A++ Grade | Ranked #4 India by NIRF 2024
Approved by UGC | Robust Placement Assistance
Achieve gold standard in accounting & get recognized globally
Be a part of the largest Cost & Management Accounting Body