Master of Commerce (M.Com)
About Instructor
[vc_row][vc_column][vc_column_text]Master of Commerce is a postgraduate academic degree that is awarded after the successful completion of a two years program. The Master’s degree course covers the study of principles of accounting, economic theory, micro and macroeconomics, money and banking systems, knowledge about business, trade and its characteristics and policies involved, etc. In the final year, the students opt for specialized study in any one of the fields of Commerce such as Statistics, Taxation, Marketing, Accounting & Finance, Banking, Insurance, etc. Simply, M.Com. is a postgraduate degree program that focuses on the systematic study of the concepts of Accountancy, Business Studies, Statistics, Economics, Mathematics, Finance, Banking, Law, Taxation, Marketing, Management Studies, etc. Therefore, the study of M.Com. The degree gives an insight into commerce, management, and economics.
Duration: Two years (2yrs)
Master of Commerce Eligibility
- Aspiring students should have completed a graduation degree in Commerce stream.
- However, as an alternative criterion, many universities accept graduation degree with Honors’ in Economics or Business/Management Studies for admission to their M.Com. Degree course.
- Some of the very reputed universities and institutes demand a minimum of 45-50% marks in graduation as qualifying criteria to secure admission in this course and some also conduct entrance examination to get admission to their M.Com. Degree course. Selection to the degree course in these colleges is based on marks secured in the final merit i.e. total marks aggregated in the final exams of graduation and the entrance exam.
How is Master of Commerce Course Beneficial?
- M.Com degree serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. Degree in Commerce.
- M.Com degree holders can opt for further higher studies and careers in various specializations of Commerce such as in Statistics, Taxation, Accounting & Finance, Banking, Insurance and many more.
- Commerce postgraduates can take up research work in various fields of India’s national security problems including the international relations, geostrategic, geopolitical, socio-economic, tactical aspects of war, etc.
- A Master’s Degree in Commerce prepares a postgraduate for a wide variety of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant.
- Law schools are a very common destination nowadays for recent postgraduates in Commerce.
- On successful completion of a Master’s degree in Commerce, a student can apply for the UGC-NET or JRF exam; the success in these exams makes teaching or research as good options.
Why Choose M.Com?
Corporate financial accounting and corporate tax planning are few of the necessities of the modern-day business sector in terms of auditing the financial industry in the organization. Accounts Assistant, accountant, business analyst and financial analyst are some of the major recruitment areas in terms of employment perspective and are some of the most lucrative M.Com job opportunities.
Master of Commerce Employment Areas
- Various Corporate Sectors
- Banking Sectors
- Economic Consulting Firms
- Customs Department
- Import/Export Companies
- Indian Civil Services
- Indian Statistical Services
- Indian Economic Services
- Insurance Industry
Master of Commerce Job Types
- Accounts Assistant
- Corporate Analyst
- Assistant Accountant
- Business Analyst
- Accountant
- Cashier/Teller
- Executive Assistant
- Finance Manager
- Investments Analyst
- Marketing Manager
- Financial Analyst
- Money Manager
- Investment Banker
- Market Analyst
- Securities Analyst
- Operations Manager
- Personal Finance Consultant
- Risk Analyst
- Senior Accountant
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