M. Com - master of Commerce

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About M. Com course-

Master of Commerce is one of the prestigious courses in India, focusing on Commerce, Management and subjects related to Economics. The program is well received in the industry and for years had been serving the needs of managerial cadre in business and industry. It is a notch higher than a Bachelor's degree in Commerce and helps build an in-depth knowledge about various commerce and trade practices.
It is a specialized course which prepares an individual for a career in finance and corporate sector. The course is of 2 years’ duration in which each year is comprised of two semesters with various subjects based on thesis and research work according to the curriculum of university.
The course serves the needs of academics as well and prepares students for research and teaching in business studies.
In simple words we can say that the master of Commerce course provides you the high-level knowledge & understanding of Commerce, Accounting, Economics and Management subjects.
After the completion of course one can get a job in the government sector as well as private sector, with an attractive salary and high career growth.

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m-com-course-details


M. Com- master of Commerce- course Highlights:-

Course Duration 2 years ( divided into 4 semesters)
Examination Semester wise- 4 semesters
Eligibility / Minimum Qualification Bachelor’s degree in Commerce or Management
Admission process Marks Based / rank based / Direct admission
Specialisation options-
  • M.Com (Banking Technology)
  • M.Com (Professional)
  • M.com (Logistic & Supply Chain)
  • M.com (Regular / Professional)
  • M.com (Accounts & Finance)
Job Profiles
  • Auditors
  • Accountant
  • Operation manager
  • Finance manager
  • Financial analyst
  • Assistant finance manager
  • Account executive
  • Stock Brokers
  • Marketing Managers
  • Investment Analysts
Top recruiters ICICI Bank, SBI, YES BANK, RBL, FLIPKART, NESTLE INDIA
Course fees 4000 to 50000 per year
Starting Average Salary 14000 to 25000 per month

 


Eligibility for M. Com-

The candidate must have a bachelor’s degree in Management or Commerce or Management (BBA, BBM, BBE) from a recognised university with a minimum of 45% marks in aggregate.
Students with BA Economics ( HONS) are also eligible for some colleges / universities

 

Admission Alert for M. Com

 


Admission Process-

Most of the Top colleges for Commerce are providing Admission through the Counselling based on the percentage of marks in graduation. Some colleges / Universities are conducting their own entrance test for admission in master of Commerce. Some top entrance exams for admission in M. Com are-

 

A good no. of colleges across India is Providing direct admission, and you can approach college directly, and have to full-fill minimum marks criteria only.

 


Tuition Fees for M. Com (master of Commerce)-

The tuition fees for M.com course starts from 4 thousand per year for government colleges, and goes up to 60 thousand per year for some top private colleges. Most of the colleges are collecting tuition fees yearly. Apart from tuition fees students have to pay examination fees semester wise, before each semester exam.

 


Tuition fees for MBA / PGDM course-

The tuition fees for M.com course starts from 4 thousand per year for government colleges, and goes up to 60 thousand per year for some top private colleges. Most of the colleges are collecting tuition fees yearly. Apart from tuition fees students have to pay examination fees semester wise, before each semester exam.

 


Career prospect of M. Com (Master of Commerce)-

As the m. Com course is related to Economics, the students pursing this master’s degree program can get a Job in the field of economics, commerce and Management. A lot of students are getting a job in private sector and public sector banks with a good job profile. other famous sectors such as manufacturing, services, IT are also looking for good professionals with masters in Commerce for following roles-

 

  • Auditor
  • Business Consultants
  • Human resource Managers
  • Accountant
  • Finance manager
  • Operation manager
  • Financial analyst
  • Assistant finance manager
  • Account executive
  • Stock Brokers

 

Some of the top recruiters for M.Com. are:

  • YES Bank
  • Flipkart
  • Canara Bank
  • Export –Import Bank, India
  • Snap deal
  • Hindustan Unilever Ltd.
  • Nestle India
  • Cadbury India
  • Asian Paints India
  • Government of India
  • State governments
  • Hero MotoCorp
  • SBI

 


Syllabus for M. Com-

M. Com Syllabus is being divided into 4 semesters, having compulsory subjects and elective subject’s options. Elective subjects will be of two types-

1. One type of elective subjects will be general subjects
2. Second type of elective subjects will be for the specialisation.

The target of this well planned syllabus is to provide the theoretical as well as Practical knowledge of the subject, with good communication skill.

 

year semester Papers Units Objectives
1 1 Managerial Economics
  • Introduction
  • Elasticity of Demand
  • Production Theory
  • Theory of Costs
  • Pricing Policies and Methods
  • Business Cycles
  • Inflation
i) To Build a strong theoretical foundation of the subject for commerce and management students.
ii) To develop managerial perspective to economic principle as aid for making decision under given environmental constraints.
1 1 Organisational Behaviour
  • Organisation
  • Organisational Behaviour
  • Individual Dimensions of O.B
  • Individual dimensions of O.B. – II
  • Group dimensions of O.B
  • Organisational Conflicts
1. To understand the conceptual framework of Organisational Behaviour.
2. To stimulate the students for meaningful observation of Behavioural patterns, proper realisations of human behaviour in organisation.
1 1 Statistical Analysis
  • Correlation Analysis
  • Regression Analysis –
  • Statistical Estimation and testing
  • Association of Attributes
  • Analysis of Time series
  • Probability Distribution
The objective of this course is to make students learn the applications of statistical tools and techniques for decision making.
1 1 International Business Environment
  • International Business
  • International Investments
  • Multinational Corporation
  • Globalisation
  • Development and Regulation of Foreign Trade
  • Foreign Exchange Management Act
(1) To understand the meaning and importance of changing international business environment.
(2) To understand the significance of international investments and role of multinational companies therein.
(3) To make aware of regulations of foreign trade practices in area of globalisation.
(4) To know the importance of foreign exchange in foreign trade and various act governing foreign exchange.
1 2 Accounting for Managerial Decision
  • Introduction to Management Accounting
  • Responsibility Accounting
  • Budgeting
  • Standard costing and variance analysis
  • Marginal costing and Break?Even analysis
  • Capital Budgeting
The objective of this course is to acquaint students with the Accounting concept, tools and techniques for managerial decisions.
1 2 Corporate Tax Planning & Management
  • Introduction to Tax Management
  • Tax Planning for New Business
  • Tax Planning and Managerial Decisions
  • Special Tax Provisions
  • Tax Issues relating to Amalgamation
  • Tax Payment
This course aims at making student conversant with the concept of Corporate Tax Planning and Indian Tax Laws as also their implications for corporate management.
1 2 Operations Research
  • Introduction to O.R
  • Transportation Problem
  • Assignment problem
  • Sequencing problems
  • Competitive Games
  • Inventory Model purchase problems
The objective of this course is to acquaint students with the Operations Research tools and techniques and its application in management process.
1 2 Strategic Management
  • An overview of Strategic Management
  • Environmental Scanning
  • Diversification Strategy
  • International Strategic Management
  • Strategic Human Resource Management
  • Strategic Evaluation and Control
The objective of this course is to enhance decision?making abilities of students in situation of uncertainty in a dynamic business environment.
2 3 Service Management
  • INTRODUCTION
  • GROWING SERVICES SECTOR
  • MANAGEMENT OF SERVICES
  • SERVICES QUALITY
  • MANAGEMENT OF VARIOUS SERVICE ORGANISATIONS
1) To develop a plan understanding and awareness of services management.
2) To understand the dimensions of services growth, expansion and entrepreneurial opportunities in services organisations.
3) To understand the operational process for managing services and Customer satisfaction.
2 3 Accounting and Finance
  • Indian Accounting Standards
  • Emerging Accounting Practices
  • Money Market and Capital Market
  • Regulatory Authorities
  • Working of Stock Exchanges
  • Special Finance Companies
  • Computer Application in Accounting and Finance.
01) To make the students understand the recent trends in accounting and finance.
02) To make the students aware of working of money and capital markets and their regulatory authorities.
      Optional Groups (Specialisation), anyone from below  
2 3 Marketing Management-1
  • Market Analysis and Selection
  • Product Decision
  • Pricing Decision
  • Supply Chain Management
  • E?Marketing
  • Marketing Research
The objective of the course is to provide a sound understanding of the basic principles of Human Resource Management and their applications in the business and industry.
2 3 Human Resource Management -1
  • Introduction
  • Human Resource Planning
  • Recruitment
  • Selection
  • Training and development Concept
  • Newly emerged concepts in HRM
The objective of the course is to provide a sound understanding of the basic principles of Human Resource Management and their applications in the business and industry.
2 3 Banking and Finance- 1
  • Commercial Banks
  • Co?operative Banking in India
  • Development Banks in India
  • The Reserve Bank of India and Monetary Management
  • Recent Committee on Bank Reforms
  • Nationalisation of Commercial Banks
01) To understand the structure and working of Commercial Banking in India.
02) To know the role of Central Bank in the development of Banking and Financial Institutions.
03) To make aware to students regarding Development Banks and recent trends in banking.
2 3 International Business -1
  • Introduction to International Business
  • Overview of International Marketing
  • Introducing Multinational Firm
  • The Foreign Exchange Market
  • Global Strategies of Business
  • Strategies for International Business
The course is designed for those students who have a definite interest in pursuing a career in international business as well as those who have a quest for the knowledge in this growing and vital area.
2 4 Recent Trends in Commerce & Management Recent Trends in Commerce & Management The course has been designed to equip the students with the latest trends and technologies and changes in the field of Commerce and Management.
2 4 Advanced Financial Accounting Holding Company Accounts
Inflation Accounting
Investment Accounts
Introduction to Government Accounting
Valuation of Goodwill and Shares
This course has been designed to keep track of different accounting.
      Optional papers(Specialisation) subject what you have chosen in 3rd semester According to that, you have to choose the 2nd paper of that subject or specialisation  
2 4 Marketing Management-2
  • Customer Relationship Management
  • Retails Management
  • Services Marketing
  • International Marketing
  • Marketing Strategy
  • Control Process
Objective of the course is to provide a sound understanding of the basic principles of Human Resource Management and their applications in the business and industry.
2 4 Human Resource Management-2
  • Job Evaluation
  • Web and Salary Administration
  • Incentive Payment and Fringe benefits
  • Quality of Work Life
  • Ethics in Human Resource Management
  • International HRM
Objective of the course is to provide a sound understanding of the basic principles of Human Resource Management and their applications in the business and industry.
2 4 International business -2
  • An overview of Mergers and Acquisitions
  • Acquisitions
  • Global Brands And Organisational behaviours
  • Supply chain management and Global distribution system
  • Role of Transportation in Global Distribution
  • Globalisation
The course is designed for those students who have a definite interest in pursuing a career in international business as well as those who have a quest for the knowledge in this growing and vital area.

 

List of Top colleges of M.com

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