Have you completed your three-year BCom journey and now aspire to enhance your expertise in commerce, mastering subjects such as accounting, management, finance, taxation, and beyond? With the expanding economy, there’s a significant demand for proficient MCom graduates not only in India but also overseas.
Graduates holding B.Com and B.Com (Honour) degrees tend to choose M.Com as their preferred degree for higher education. This postgraduate programme provides in-depth knowledge in areas like business management, accounting, and finance, which are in high demand in today’s business environment.
Let us start with the core subjects of MCom.
Core Subjects in MCom Syllabus
- Accounting and Managerial Decisions
- Business Environment
- Computer Applications in Business
- Corporate Legal Environment
- Corporate Tax Planning
- E-Commerce
- Financial Management
- Managerial Economics
- Investment Management
- Advertising and Sales Management
- International Finance
- Statistical Analysis
- Foreign Trade Policy
- Statistics
- Consumer Behaviour
- Research Methodology in Commerce, and more.
Elective Subjects in MCom Syllabus
- Entrepreneurial Management
- Commercial Bank Management
- Financial Markets
- International Finance
- Human Resource Management
- Finance and Banking
MCom Syllabus: Semester-wise
Semester I
- Organisational Behaviour
- Monetary System
- Consumer Behaviour & Marketing Research
- Macro Economics for Business Decisions
- Information Systems and Computers
- Viva
Semester II
- Human Resource Management
- Advanced Financial Management
- E-Commerce
- Business Environment
- Operations Research & Quantitative Techniques
Semester III
- International Business
- El-I: Strategic Cost Management -I
- El-II: Accounting Standards and Corporate Reporting
- El-III: Direct Taxes
- Corporate Governance and Business Ethics
Semester IV
- El-IV: Indirect Taxes
- El-V: Accounting for Management Decisions
- El-VI: Strategic Cost Management – II
- Project Report
- Viva
MCom Specialisations:
Here’s a table outlining some common specialisations in MCom along with the corresponding subjects typically associated with each specialisation:
| Specialisations | Subjects |
| Banking and Finance | Corporate Finance, International Banking, Financial Markets and Services |
| E-commerce | Digital Marketing, eCommerce Strategies, Online Consumer Behavior |
| Accounting and Auditing | Advanced Financial Accounting, Auditing Principles,Forensic Accounting, Taxation |
| Human Resource Management | Recruitment and Selection, Performance Management,Training and Development, Organisational Behaviour |
| International Business | Global Marketing/Supply Chain Management, International Trade Policies, Cross-Cultural Management |
MCom Admission Requirements
Students typically require at least 50% aggregate marks in BCom from a recognised university. Many institutions also consider candidates who have completed their undergraduate degree in Economics (H), BBA, or BBE with a minimum aggregate of 60%.
Jobs after MCom
The underlying table outlines some common job profiles after completing MCom, along with the corresponding average salaries in Indian Rupees per annum.
| Job Profile | Average Salary (INR per annum) |
| Financial Analyst | 3 Lakhs to 6 Lakhs |
| Tax Consultant | 3.5 Lakhs – 7 Lakhs |
| Accountant | 2.5 Lakhs – 5 Lakhs |
| Auditor | 3 Lakhs – 6 Lakhs |
| Business Development Manager | 4 Lakhs – 8 Lakhs |
| Human Resource Manager | 4.5 Lakhs – 9 Lakhs |
| Investment Banker | 6 Lakhs – 12 Lakhs |
| Financial Controller | 6.5 Lakhs – 13 Lakhs |
| E-commerce Manager | 4 Lakhs – 8 Lakhs |
| Marketing Manager | 4.5 Lakhs – 9 Lakhs |
It’s important to note that several factors, including location, experience, and employing organisation, can influence an MCom graduate’s actual salary. The above figures represent approximate average salaries for the mentioned profiles.
In a Nutshell:
While strong academic performance is typically a key factor for MCom admission, some universities may also consider entrance exams or additional selection processes. Institutes like ISBR, a renowned Indian business school, prepare graduates for success in the corporate world through their rigorous MCom program. Consider applying to jumpstart your career.
FAQs
Is an M.Com better or an MBA?
It depends on individual career aspirations and preferences. An MBA offers a professional education to prepare students for executive positions, while an M.Com enables students to gain specialised expertise in business and finance.
What are the subjects in MCom?
Some subjects that are covered in an MCom degree are Finance, Economics, Accounting, Management, Marketing, etc.
Which MCom specialisation is best?
It depends on your interests and career aspirations. Some popular specialisations in MCom are Accounting and Finance, Economics, and Business Management.