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Hi Laxmi,
The choice between MBA and M.com must be well thought of before you take your final decision. This mainly is based on your career interests. If you're aiming for corporate jobs, MBA is a more preferred degree since it's specialisations are beneficial for better job prospects in the corporate world. M.Com should be done if you want to more professional courses like CA or CS. It is also done for academic careers like teaching or lectureship as it makes you eligible for exams like NET. It won't tremendously have a bearing on your corporate dreams as compared to an MBA.
Also consider your subjects of interest and the quality of university offering the course.
All the best!
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