MCom stands for master of commerce and it is a postgraduate degree which is given for a course in commerce. It is a two year course program for students who are interested in pursuing a master’s degree. MCom course consists of a minimum of 2 semesters. Depending on the institute that a student chooses, they can pursue the course in Hindi or English. Subjects in this course consists of commerce, management and economics. Find more details of the course on GetMyUni

In most of the institutes applicant has to provide a thesis component research based topic before leaving. The course focuses on providing applied knowledge for people in commerce and it is also available through correspondence or distance education programs. 

Eligibility 

MCom course has a few requirements applicants need to fulfill in order to be selected. This is called as the eligibility criteria and it differs from one Institute to another. Few of the common eligibility criteria are that the applicant must have a graduation degree and be above the age of 20 years. Depending on the college, applicants must also have a minimum of 45% to 50% graduation in order to be eligible for MCom and take it up as their masters degree. Other Eligibility criteria for colleges can be found on GetMyUni. 

Fees and Salary

The annual fee also changes based on college and ranges between 5,000 rupees to 1,00,000 rupees. The average salary can an applicant gets after finishing their MCom course is 4 lakh rupees per annum. 

Jobs 

Few fields which provide jobs for applicants who finished their MCom are – 

  • Business Consulting 
  • General Management 
  • Marketing 
  • General Management 
  • Business Consulting 
  • Banks 
  • Budget planning
  • Foreign Trade 
  • Policy Planning 

Who Is It For?

Students who are interested in gaining knowledge in the commerce field are the ones who must choose MCom course. Having a postgraduate degree such as MCom helps a student progress father and enhances their career path and makes him more eligible in the corporate world. Scope of getting directly hired right after graduation college is much higher for the applicant with an an MCom degree.

There are multiple colleges offering MCom course to students who are interested in pursuing a career in commerce. Some of the best colleges are:

  • Lady Sriram College for Women
  • St. Joseph’s College of Commerce
  • Christ College
  • Loyola College

Which is a better Choice, MBA or MCom? 

Lot of people are usually concerned if they must do an MBA or MCom. MBA is a general degree where as MCom is very focused in commerce related subjects. MCom is also very cheap compared to MBA degree. Another question a lot of people have is if they must pursue MBA after MCom. It is advised that they did not do this unless they want to switch their career option that they are doing right now. You can visit GetmyUni for additional information related to M.Com courses and check the various colleges that offer it. Various colleges can also be compared and even expert suggestion can be received on GetMyUni .

Author: Sai Raja M 

Sai Raja M is a college student who aspires to be an entrepreneur. His primary goal is to help other students choose a more meaningful and relevant career in their life.

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