Hello Utpal,
Most of the universities in India take admission into M.Com on the basis of entrance examinations. Although admissions are based on merit too.
Eligibility Criteria-
The minimum eligibility criteria required for M.Com. the course is having a Bachelor degree in Commerce with a minimum of 50% marks. But there can be other criterions too. Such as Delhi University has the following eligibility conditions for M.com entrance-
Candidates who are to sit for M.Com entrance exam must have a Bachelor’s degree in one of these:
• B.com (Hons)/ B.Com ( Pass) / B.A. (Hons) Economics/ B.B.A./ B.B.S./ B.I.F.A.
• Candidates with B.A. (Hons) / B.Com (Hons) degree belonging to General category require 50% marks, whereas Reserved category students with the same degree require an aggregate of 45%
• Candidates with B.Com (Pass)/ B.Com (Degree) of General category will require 55% aggregate marks and candidates from the Reserved category with the same degree will require 54% marks.
Admission process-
The general process for admission to M.Com. the course is through an entrance test. Common Entrance Test is generally objective type. Exam pattern depends on the university. Like Delhi university’s Exam Paper Type - Pen & Paper and Exam Duration: 3.0 Hr
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.
Syllabus-
Micro Economics-
• Demand & Supply
• Consumer Theory
• Production and Cost
• Market Structures
• Perfect Competition
• Imperfect Competition
• Income Distribution and Factor Pricing
Macro Economics-
• National Income Determination
• Fiscal Policy
• GDP and Price Level in Short and Long Run
• Money in a Modern Economy
• IS-LM Analysis
Indian Economy-
• Foreign Trade
• Price
• Industry Policy
Financial Accounting-
• Basic Concepts
• Accounting Process
• Final Accounts of Nonprofit Organization
• Consignment and Joint Venture Accounts
• Depreciation Accounting
• Inland Branches
• Dissolution of Partnership Firms
Corporate Accounting-
• Accounting for share capital
• Redemption of preference shares
• Issue and Redemption of Debentures
• Final Accounts of Limited Liability Companies
• Accounting for Amalgamation of Companies
• Accounting for Internal Reconstruction
• Cash Flow Statements
• Financial Statements Analysis
• Operating profit ratio
Cost Accounting-
• Cost concepts and classifications
• Accounting and Control of Material Cost
• Accounting and Control of Labour Cost
• Methods of Costing
• Reconciliation of Cost and Financial Accounts
• Marginal Costing
• Budgetary Control
Business Statistics-
• Descriptive Statistics
• Positional Averages
• Correlation
• Regression
• Index Numbers
• Time Series Analysis
Business Mathematics-
• Matrices and Determinants
• Calculus
• Basic Mathematics of Finance
Business Organization-
• Business System and Contemporary Business Environment
• The Process of Management
• Leadership
• Conceptual Framework of Marketing Management
Business and Industrial Laws-
• The Indian Contract Act, 1872
• The Sale of Goods Act, 1930
• The Limited Liability Partnership Act, 2008
• Payment of Wages Act, 1936
• The Payment of Bonus Act, 1965
• Payment of Gratuity Act, 1972
General Knowledge and Current Affairs-
• Important Personality
• Sports
• Business
• Events of National Importance
• Economy
I hope this information helps you. if you have any other doubt or query, feel free to ask.
All the best!
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