About MCom

MCom stands for Masters of commerce. It is a 2-years postgraduate course for candidates who want to pursue a career in accounting, banking, investment, financial service, investment as well as economics and marketing.

M.Com course allows the students to work in almost all sectors of the economy and remains one of the most versatile courses in India. The insurance sector, one of the main sectors that employ M.Com graduates of the economy, is expected to reach USD 1 Trillion by 2025, thus generating new jobs for MCom graduates. MCom is popular among aspirants who wish to pursue a career as a teacher or lecturer. For that candidates have to enroll in PhD courses after the completion of the MCom course.

Eligibility for MCom

• Students need to secure a minimum of 50% aggregate in BCom or BCom Hons or equivalent from a recognized university.
• Some universities also consider students who have completed Bachelor’s degree in Economics & Statistics, BFIA, BBS and BBE with a minimum aggregate score of 60% or equivalent from a recognized university.
• Students belonging to Reserved category are entitled to marks relaxation of up to 5% in government universities.
• There is no upper age limit for the admission to the M.Com course.

Types of Streams

• M.Com Accounting and Finance
• M.Com Banking and Finance
• M.Com Taxation
• M.Com E-Commerce
• M.Com Business Administrator
• M.Com Statistics
• M.Com Economics
• M.Com Computer Application
• M.Com Marketing
• M.Com Business Management
• M.Com Financial Management
• M.Com Finance and Control
• M.Com Accountancy
• M.Com Banking

Skills Developed after studying MCom

• Studying a Master of Commerce (MCom) helps individuals develop a wide range of skills that are applicable in various business and financial sectors. Here are some of the key skills that are typically developed after completing an MCom:


• Advanced Financial Knowledge:
  Financial Analysis: Ability to analyze financial statements, assess financial performance, and evaluate the financial health of businesses.


• Accounting and Auditing Skills:
  Advanced Accounting: Proficiency in preparing and interpreting financial reports, understanding accounting standards, and handling complex accounting tasks. Auditing: Understanding auditing processes and compliance, preparing for internal and external audits.


• Research and Analytical Skills:
  Data Analysis: Ability to interpret financial data, use tools for statistical analysis, and make data-driven decisions. Research Methodology: Skills in conducting academic and industry-related research, analyzing trends, and presenting findings.


• Management Skills:
  Leadership and Teamwork: The ability to lead teams, collaborate with colleagues, and manage group projects effectively.
  Strategic Planning: Knowledge of business strategies, resource management, and long-term business growth planning.

Career opportunities:

1. Accounting and Finance:

• Chartered Accountant (CA): An MCom degree can serve as a strong foundation for pursuing professional qualifications such as CA.
• Certified Public Accountant (CPA): For those interested in accounting and auditing, MCom graduates can pursue the CPA certification.
• Financial Analyst: Analyzing financial data, forecasting future trends, and assisting in investment decisions for firms and individuals.

2. Banking and Financial Services

• Bank Manager: Managing day-to-day operations of a bank branch, overseeing staff, and ensuring smooth financial transactions.
• Credit Analyst: Assessing the creditworthiness of individuals or businesses applying for loans
• Insurance Manager: Overseeing insurance policies, risk management, and claims within insurance companies.

3. Business and Management Roles

• Business Consultant: Offering advice to companies on improving their business operations, increasing efficiency, and reducing costs.
• Supply Chain Manager: Managing the flow of goods and services, ensuring the efficient operation of supply chains.
• Marketing Manager: Overseeing marketing strategies and campaigns for companies or brands.

4. Teaching and Academia

• Lecturer/Professor: Teaching subjects like accounting, finance, economics, business management, or commerce at schools, colleges, or universities.
• Researcher: Conducting research in commerce-related fields, publishing findings in journals, and contributing to academia.

5. Entrepreneurship

• Startup Founder: Using knowledge from the MCom program to launch and manage a business or entrepreneurial venture.
• Small Business Owner: Running your own small-scale business with a focus on finance, retail, or e-commerce.

Higher Studies & Certifications

• Ph.D. (Doctor of Philosophy) in Commerce or Related Fields:Ideal for those interested in research, teaching, or academia. A Ph.D. allows you to conduct advanced research in your area of interest and contributes to the academic community
• MBA (Master of Business Administration): An MBA can open doors to managerial positions in business, providing leadership and management skills alongside your knowledge in commerce. It’s especially beneficial for those looking to transition into roles in management, strategy, or entrepreneurship.
• M.Phil. in Commerce or Business Studies: This is an intermediate research degree before a Ph.D., focusing on research methodology and deepening expertise in a particular field within commerce.
• Specialized Postgraduate Diplomas:These programs offer advanced, specialized knowledge in a particular field of commerce and can help you enter niche industries or careers

Certifications After MCom

• Chartered Accountant (CA)
• Company Secretary (CS)
• Chartered Financial Analyst (CFA)
• Certified Management Accountant (CMA)
• Certified Public Accountant (CPA)
• Financial Risk Manager (FRM)
• Digital Marketing Certifications