MCOM
M Com Overview
M Com or Master of Commerce is a 2 years postgraduate degree course that can be pursued after completing a B Com degree or any relevant graduation degree from a recognised university. To pursue an MCom course, one has to appear for the M Com entrance examinations.
M Com course is offered by numerous institutes in India. It is a highly popular degree across the country. MCom course is generally opted for by candidates who want to make their career in the field of commerce, accountancy, business, finance and taxation. MCom course is offered both online and offline and also in distance mode.
M Com Highlights
The important highlights of M Com course are given below:
MCom stands for Master of Commerce. It is a professional postgraduate degree.
The Master of Commerce admission is based upon both merit & entrance examination. Candidates need to qualify the related exam and seek admission to the Master of Commerce Course.
M Com Eligibility Criteria
The eligibility requirement for a Master of Commerce course varies from university to university. The following are the eligibility norms to pursue the Master of Commerce Course, however, the general criteria or the basic requirement remain the same.
Candidates must have completed BCom or BCom Honours graduation degree from a recognised university and must have secured a minimum of 50% marks in graduation examination.
Candidates who have completed their graduation in courses like Economics, Statistics, BFIA, BBS, BBE from a recognised university and have secured at least 60% marks in graduation examination.
A relaxation of 5% is offered to reserved category students interested in pursuing a Master of Commerce.
There is no specific age limit for pursuing Master of Commerce Course in particular, however, some colleges do ask for a minimum of 21 years of age to pursue a Master of Commerce Course.
And above all, it is essential to qualify the related Master of Commerce entrance examination to seek admission into a Master of Commerce Course.
M Com Specializations
Finance
Accountancy
Marketing
Banking & Finance
Business Administration
Taxation
E-Commerce
Statistics
Financial Management
Business Management
M Com Jobs
Accounts Assistant: Work is to maintain ledgers, assist customers, prepare & distribute cheque, and do basic bookkeeping work.
Business Consultant: Role is to analyse the market, product lines & the overall profitability of the business.
Lecturer: A lecturer and generates lessons and lectures related to management studies.
Investment Banker: They basically aid their clients to raise money in the capital markets by issuing debt or selling their equity in the companies.
Marketing Manager: A Marketing Manager is responsible for developing & executing marketing plans of the organization and also in implementing them.
Operations Manager: Operations Manager deals with the hiring procedures, team management for setting up of targets and alike.
Finance Consultant: These professionals help their clients in meeting their short and long-term goals by advising them on investment and retirement planning tax planning and other similar benefits.
Accountant: They usually perform routine analysis to help determine the kind of operations and materials that are most cost-effective for the organization and the offices.
Assistant Professor: They are usually employed in colleges in premier institutions to teach the younger students everything about commerce and conduct research at the same time.
School Teacher: He or she is responsible for taking lectures and teaching students about commerce subjects like economics, business studies, accounting and related subjects.
Banker: Their job is to manage day-to-day banking operations.
Stock Broker: They deal with stock and perform financial services for the organization.
Finance Analyst: The analyze finances & budget of the organization.
Audit Officer: Responsible for accounting and auditing in the finance department of the organization.
Finance Manager: These professionals manage and regulate the finances and the budget of the organization.
Relevance of Master of Commerce in India
Commerce & Finance touches practically every facet of human existence, such as politics, human rights, economics, business, foreign trade, environment, foreign diplomacy etc. Thus, in India, a lot of good and reputed colleges offer Master of Commerce Course. Thus the significance of a Master of Commerce degree in a country like India comes in huge demand especially in contemporary times. Master of Commerce Course is considered reputed, affordable and well-paid in India as well as abroad. Individuals who want lucrative careers by joining top firms and government organizations or the ones who want to practice independently can choose a Master of Commerce Course.
Advantages of Studying Master of Commerce Course
Scope of Higher Studies: After completion of the Master of Commerce Course one can upgrade their skills by opting for Master of Business Administration (MBA, UGC-NET/ JRF), PhD etc.
Financial Stability: A master of Commerce in starting may require a lot of struggle & hard work but one may have both financial stability as well as job satisfaction after completing the Master of Commerce Course.
Widespread Opportunities: There is a boom of job opportunities in the private & public sector for Master of Commerce professionals. These industries are ever expanding and thus Master of Commerce Jobs are always in demand.
M Com Skill Set
Time-Management Skills
Self-Confidence
Leadership
Discipline
Verbal Communication Skills
