The business world is hiking its demand for skilled professionals with in-depth knowledge and hands-on experience in the commercial facet of the business. As the demand is soaring, the career pool for graduates with business-oriented degrees is graciously expanding. Students taking up business-oriented degrees are warmly welcomed for the business world.
Students with much higher education in business studies are hired with great career scope and one of the best higher education courses related to business is Master of Commerce (M.Com). Significant top colleges like Cheran College of Arts and Science, one of the top MCom colleges in Coimbatore, and many others offer remarkable MCom courses.
In this article, let us know more about the Master of Commerce (MCom) course and how to pursue it.
Master of Commerce (MCom) Course Highlights:
M.Com is a postgraduate commerce-oriented course that can be pursued by the student after any relevant undergraduate course in any top college like Cheran College Arts and Science, one of the leading MCom colleges in Coimbatore. This course will help to establish a career in any of the following fields; commerce, accounting, economics, and management.
| Course | Master of Commerce (MCom) |
| Course Description | Master of Commerce (MCom) is an advanced level commerce-oriented course that educates concepts such as accounting, financial management, banking, and finance, etc. |
| Level | Postgraduate Level |
| Duration | 2 years |
| Mode | Semester |
Having an idea about the Master of Commerce (MCom) course provided in renowned colleges like Cheran College of Arts and Science, one of the best colleges in Tamilnadu for arts and science, let us know more about the eligibility criteria, admission process and much more further.
Eligibility Criteria to Pursue Master of Commerce:
The basic eligibility criteria to pursue a Master of Commerce (MCom) in top colleges such as Cheran College of Arts and Science, one of the leading art and science colleges in Tamilnadu, and many others are as follows:
- Candidates should have completed BCom or BCom Hons with a minimum of 50% aggregate in any recognized educational institution.
- Certain colleges consider candidates with relevant degrees such as BFIA, BA Economics & Statistics, BBS, and BBE with at least 60% aggregate score.
- There is no upper age limit to pursue a Master of Commerce (MCom).
A relaxation of 5% is provided in certain colleges for reserved categories such as SC/ST/OBC.
Admission Procedure for Master of Commerce:
Admission to the Master of Commerce (MCom) is provided either on a merit basis or an entrance exam basis.
Some colleges such as Cheran College of Arts and Science, one of the top private colleges in Coimbatore consider a BCom score for merit-based admission to a Master of Commerce. Certain other colleges consider entrance exams such as CUCET, AUCET, etc for entrance-based admissions to MCom.
Master of Commerce Specialisations:
Master of Commerce (MCom) course is offered in various specialisations in renowned colleges such as Cheran College of Arts and Science, one of the best MCom colleges in Coimbatore, and others.
Here are some of the MCom Specializations:
- MCom Computer Applications
- MCom Accounting & Finance
- MCom Taxation
- MCom Marketing
- MCom Business Management
- MCom Banking and Finance
Top Colleges to Pursue Master of Commerce (MCom):
There are many top colleges such as Cheran College of Arts and Science, one of the top MCom colleges in Coimbatore and others that offers remarkable MCom courses, and here are as follows:
| Top MCom Colleges | Average Course Fee in INR |
| Cheran College of Arts and Science | 15,000 PA |
| IGNOU | 11,000 PA |
| Mahatma Gandhi University, School of Distance Education | 5,000 PA |
| Annamalai University | 7,000 PA |
| Kerala State Open University | 13,500 PA |
Master of Commerce Syllabus:
The course curriculum of the Master of Commerce is designed with various aspects of subjects that are essential for educating and preparing students to excel in the business field.
Here is the syllabus for the Master of Commerce:
| Master of Commerce Compulsory Subjects | |
| Accounting and Managerial Decisions | Business Environment |
| Computer Applications in Business | Corporate Finance Accounting |
| Corporate Legal Environment | Corporate Tax Planning |
| E – Commerce | Economics of Global Trade and Finance |
| Financial Management | Management Concepts and Organisational Behaviour |
| Managerial Economics | Marketing Behaviour |
| Statistical Analysis | Strategic Management |
| Master of Commerce Elective Subjects | |
| Banking and Finance | Entrepreneurial Management |
| Commercial Bank Management | Financial Bank Management |
| Financial Markets | Human Resource Management |
| International Finance | Investment Management |
| Research Methodology in Commerce | Income Tax |
Career Scope after Master of Commerce:
Master of Commerce pursued by students in top colleges like Cheran College of Arts and Science, one of the esteemed MCom colleges in Coimbatore, and others have immense career scope.
Based on the chosen specialisations, different job roles are available after the Master of Commerce. Find some of the job roles after MCom based on specialisations below:
| MCom Specializations | Job Role | Average Salary in INR |
|
Computer Applications |
Budget Analyst | 6.04 LPA |
| Accountant | 2.49 LPA | |
| Management Consultant | 11.4 LPA | |
| Computer Programmer | 4.79 LPA | |
| Auditor | 4.85 LPA | |
|
Accounting and Finance |
Cost Accountant | 5.16 LPA |
| Business Consultant | 9.86 LPA | |
| Investment Banker | 9.1 LPA | |
| Marketing Manager | 7.17 LPA | |
| Operations Manager | 7.8 LPA | |
|
Marketing |
Public Relations Manager | 7 LPA |
| Management Associate | 4.5 LPA | |
| Marketing Operations Specialist | 8 LPA | |
| Business Manager | 5.5 LPA | |
|
Business Management |
Business Analyst | 5 LPA |
| Business Manager | 8 LPA | |
| Operations Manager | 7.6 LPA | |
| Business – Banking Relationship Manager | 4 LPA |
Many more specialisations are provided in top colleges like Cheran Colleges of Arts and Science, one of the best MCom colleges in Coimbatore, and others which will uplift the student’s career in a positive way.
Conclusion:
As the business world is barging ahead with each passing day, the demand for skilled professionals in commercial facets, business management, and administration is surging. So students pursuing a Master of Commerce in top MCom colleges in Coimbatore and all other places will have a great career in the business arena.
FAQs:
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Can M.Com graduates pursue MBA?
Yes, M.Com graduates can pursue MBA.
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Are there Ph.D. courses after M.Com?
Yes, there are Ph. D courses after M.Com such as Ph.D. in Finance, Ph.D. in Accounting and Finance, etc.
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Can M.Com land students in foreign jobs?
Yes, M.Com students can land foreign jobs as well because business firms all over the world require commerce experts for the health running of the company.
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Is M.Com similar to MBA?
No, M.com is different from MBA as it concentrates more on commerce along with management while MBA concentrates majorly on management studies.
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Does an M.Com course cover managerial skills?
Yes, managerial skills are trained in M.Com students during placement training sessions in colleges.
