M.Com
M.Com. full form of Master of Commerce, is a postgraduate course in the field of commerce. Major candidates who complete graduation with B.Com. proceed with M.Com. It is one of the most prominent courses for commerce background students. This is a two- year degree course offered by the universities. After completing a two-year degree course, students get an academic degree from the respective university which is designated as a Master of Commerce.
Master of Commerce (M.Com.) is a postgraduate degree, which deals with commerce, accounting, management, and economics. The two-year degree course opens career opportunities in the corporate and finance sectors. It offers specialization in accounting, taxation, finance, and human resource management. This is a four-semester choice based credit system course and has approval from UGC. After completing a two-year course, students get an academic degree from the respective university which is designated as a Master of Commerce. The course is considered as an entry point for professions like chartered accountancy, company secretary, cost and work accountancy, and insurance and banking services. One can also pursue higher studies and become the lecturer and assistant professor at universities.
| Course name | Duration | Semester | Fees |
|---|---|---|---|
| M.Com | 2 years | 4 semesters | Rs. 22,500/ semester |
M.Com. is a popular course among students. To get an admission to M.Com., candidates are required to have for general category minimum 50 % marks and ST, SC category 45% at bachelor’s degree level.
| In-depth Knowledge: If an individual pursues a master degree he or she gets exposed to a lot of indepth knowledge about the field. Same applies to someone who will pursue M.Com. If a student has pursued a bachelor in commerce then an M.Com. degree will provide him or her with a lot of knowledge about the areas which they would have studied in the past. |
| Wider scope: If an individual pursues a master degree he or she gets exposed to a lot of indepth knowledge about the field. Same applies to someone who will pursue M.Com. If a student has pursued a bachelor in commerce then an M.Com. degree will provide him or her with a lot of knowledge about the areas which they would have studied in the past. |
| Further Studies: For a candidate who wishes to pursue a Ph.D in future he or she can pursue an M.Com. before that in order to have in depth knowledge of the field. |
Career Avenues for M.Com
M.Com. degree holders have ample scope of the job in the finance and corporate sector. After completing the degree, they can choose and apply to various jobs, like operation manager, finance consultant, investment banker, marketing manager, accountant and business analyst.
The salary offered in various professions varies from sector to sector depending upon the skills, qualifications, experience, and other specific demands of the recruiters.
The details regarding some job opportunities are provided below:
Operations Manager
Operation Manager deals with the hiring procedures setting up targets, and team management.
Finance Consultant
The finance consultant guides the client on tax planning, investment, and retirement planning, etc.
Investment Banker
Investment Banker helps clients to raise money in the capital market and issue debt or sell their equity in the companies.
Marketing Manager
Marketing Manager helps the organization and institute to develop and implement the marketing plans of the organisation.
Marketing Manager
An accountant takes care of the finance-related matter of the organisations or institutes. He keeps the record of the expenses that occur throughout the year with the help of accounting software. He also makes the organisations aware of the existing fund and future expenses. An accountant prepares and distributes cheques and manages record-keeping work at banks and account departments of various organisations.
Business Analyst
A business analyst, analyze the market, product lines, and the overall profitability of the business. They analyze the problems and look for a suitable solution.
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