Master of Commerce (M.Com): Overview, Courses, Eligibility Criteria, Admission, Exams, Fees, Subjects, Placement & FAQs

Master of Commerce (M.Com)

The Master of Business (M.Com) degree is a postgraduate degree in commerce, accounting, management, and economics. The two-year degree program prepares students for careers in the business and financial sectors. Among the specializations available are accounting, taxation, finance, and human resource management. This is a four-semester choice-based credit system course that has UGC approval. Students get an academic degree from the relevant university after finishing a two-year study known as a Master of Commerce. The degree is a prerequisite for careers such as chartered accountant, company secretary, cost and work accounting, and insurance and banking services. Higher education can also be pursued in order to become a lecturer or assistant professor at a university.

To take an M.Com program, one must pass the M.Com admission exams throughout India. CUCET, PU CET (PG), AUCET, DUET, SKUCET, JUEE, Jain Admission Test, M.Com Entrance Exam, ANUPGCET, and other famous M.Com entrance examinations Accountant, Consultant, Banker, Lecturer, Stock Broker, and other prominent employment opportunities available after M.Com are listed here. M.Com course fees typically vary between INR 5,000 to 1,40,000 LPA. Delhi University, Mumbai University, Presidency College Bangalore, Calcutta University, St. Xaviers Kolkata, Osmania University Hyderabad, and Loyola College Chennai are among the best colleges that offer M.Com programs.

M.Com Degree Highlights

Course NameMaster of Commerce
Short NameM.Com
Course LevelPostgraduate
Course StreamCommerce
Course Duration2 Years
Eligibility CriteriaBachelor’s Degree
Master of Commerce SalaryINR 3,00,000 – INR 5,00,000 LPA
Master of Commerce JobsAccountant, Consultant, Banker, Lecturer, Stock Broker, etc.
Master of Commerce Course FeesINR 5,000 – 1,40,000 LPA
Selection ProcedureMerit & Entrance Exam-Based


M.Com offers a variety of specialisations in addition to M.Com (General) and MCom (Honours), including the following:

M.Com (Business Management)M.Com (Computer Application)
M.Com (Taxation)M.Com (Economics)
M.Com (Marketing)M.Com (E-Commerce)
M.Com (Banking)M.Com (Finance)
M.Com (Banking and Finance)M.Com (Finance & Control)
M.Com (Accounting & Finance)M.Com (Statistics)
M.Com (Mathematics)M.Com (Accounting)

The following details about M.Com specialties are provided:


Financial Institutions and Markets:

Interest rates, financial markets, banking, financial services, and financial inclusion are all addressed in Financial Institutions and Markets.

Security Analysis and Portfolio Management are concerned with the examination of fixed-income securities, equity analysis, portfolio management, and financial derivatives.

The International Financial System examines the worldwide monetary system, exchange rate setting and forecasts, the international financial market, international banking, and financial crises.


  • Advertising and Sales Management: This field is concerned with the planning and assessment of advertising campaigns. It also teaches the principles of personal selling, sales strategy, and organizational skills.
  • International Marketing: This specialty is concerned with foreign product planning and price decisions, international distribution decisions, international promotion methods, and developing trends in international marketing.
  • Consumer Behaviour: It is concerned with the consumer decision-making process, individual characteristics of consumers, and the sociocultural causes of consumer behavior.
  • Supply Chain Management and Logistics: This discipline is concerned with relationship management, logistics and supply chain management, logistical difficulties, and supply chain management.

Human Resource Development- M.Com:

  • Human Resource Development: This is concerned with HRD activities and applications, as well as HRD trends and practices.
  • Industrial Relations Management: This subject focuses on the structure and growth of industrial relations, industrial conflicts and disputes relations, industrial conflicts and disputes settlement, trade unions, negotiation, collective bargaining, and industrial democracy.
  • Strategic Human Resource Management (SHRM): This domain is concerned with the implementation of strategic human resource management, as well as trends and concerns in SHRM.
  • Compensation Management and Employee Welfare Laws: This category comprises a variety of acts pertaining to workforce management, such as payment, wages, compensation, and maternity benefits.


  • Human Resource Development: This is concerned with HRD activities and applications, as well as HRD trends and practices.
  • Accounting concepts and other finance-related disciplines are studied in this course.
  • Taxation: This section covers taxation issues, tax-related literature, tax reviews, and other topics.
  • A computer application is a program or combination of programs created for end users. The application comprises a word processor, a spreadsheet, an accounting program, a web browser, and other features.

Course Highlights

The following are the main highlights of the M.Com course:

  • M.Com is an abbreviation for Master of Commerce. It is a postgraduate professional degree.
  • The Master of Commerce program lasts two years. Candidates seeking admission to the Master of Commerce Course must have a bachelor’s degree in commerce from a recognized university.
  • Admission to the Master of Commerce program is based on both merit and an entrance examination. Candidates must pass the relevant test in order to be admitted to the Master of Commerce Course.
  • The cost of a Master of Commerce course ranges from INR 5,000 to INR 1,40,000 LPA.
  • Master of Commerce professionals earn between INR 3,00,000 and INR 5,00,000 LPA, depending on their expertise.

Eligibility Criteria

  • The qualifying requirements for a Master of Commerce program vary per university. The qualifying rules for the Master of Commerce Course are as follows; nevertheless, the overall criteria or basic requirements remain the same.
  • Candidates must have a B.Com or B.Com Honours graduation degree from a recognized university and a minimum of 50% in their graduation test.
  • Candidates who have finished their degree in courses such as Economics, Statistics, BFIA, BBS, and BBE from a recognized university with at least 60% marks in their graduation exams.
  • Reserved category students interested in studying a Master of Commerce can benefit from a 5% tuition reduction.

Admission Procedure

Admission to M.Com is based on the quality of a B.Com from a recognized institution or college. It, too, is based on an admission exam. The M.Com admissions procedure is summarised here.

  • Eligible candidates must apply online at the college or university’s website, along with scanned copies of the needed papers. The application fee is payable online.
  • They can also fill out the application form and send it to the appropriate department of the university/college, together with the needed papers and proof of application price payment.
  • Candidates will be chosen based on their performance in the qualifying test – B.Com.
  • Some universities/colleges administer admission exams.
  • Candidates must take an admission exam administered by the institution or college.
  • Candidates are invited for counseling/interview based on the admission exam results.
  • Candidates who have been selected must report to the college/university/institute to complete the admissions process, which includes document verification and tuition payment.
  • Some universities/colleges administer admission exams.

Entrance Exam for M.Com

The top entrance tests taken into account for M.Com admissions in India are as follows:


For admission into PG programs, including M.Com, Banaras Hindu University (BHU) administers a national university-level test. Each year, hundreds of students take this exam at various centers around India in the hopes of being admitted to this renowned and well-respected institution.

Delhi University

M.Com holds this test each year in order to enroll worthy individuals into its several institutions that provide M.Com programs. The cut-off for each connected institution is listed on a merit list and based on the student’s performance, they are admitted to the college whose cut-off they have met.


Panjab University, Chandigarh administers the PU CET, a state-level entrance test, to applicants seeking admission to its many PG programs and courses in many disciplines like as science, business, and management. This offline test is given in the months of May and June each year.

PGAT at Allahabad University

The University of Allahabad administers a state-level entrance test each year to let students apply for admission to its various PG-level programs. The application procedure for the exam, which is often conducted offline, begins in the months of March and April each year.


Ten key institutions frequently collaborate on this national-level test. This offline test, which is held by the Central University of Rajasthan (CURAJ) every year in the months of April and May, grants admission into several UG, PG, Diploma, and Ph.D. programs at the participating institutions and institutes.


Only PG courses are admitted through this state-level entrance test, which is administered by Andhra University in Visakhapatnam. Dr. BR Ambedkar University in Srikakulam and Andhra University is the associated colleges. Every year, this offline mode test is often given in the months of May and June.


SRM University administers the SRM Common Admission Test for admission to UG and PG-level management, engineering, and business programs. The 150-minute examination is an aptitude-based multiple-choice exam.

Admission to the M.Com distance course:

M.Com courses are also available to students via distance learning. Candidates can apply for M.Com Distance Admission if they cannot attend regular classes in person at the institute. Such individuals may apply for admission to the M.Com program via distance learning.

Fees Structure

The cost of a Master of Commerce course varies from college to college and university to university. In India, Master of Commerce course fees ranges from INR 15,000 to INR 2,00,000 LPA. The Master of Commerce Course Fees is determined by a variety of criteria like location, ranking, placement, faculty, program, and so on. In New Delhi, Master of Commerce course fees ranges from INR 15,000 to INR 30,000. The cost of a Master of Commerce course in Mumbai is between INR 15,000 and INR 30,000.

The Master of Commerce Course Fees in Pune range between INR 15,000 and INR 40,000. The cost of a Master of Commerce course in Bangalore ranges between INR 50,000 and INR 1,000,000. The cost of a Master of Commerce course in Kolkata is between INR 20,000 and INR 50,000. The cost of a Master of Commerce course in Hyderabad is between INR 25,000 and INR 60,000. The cost of a Master of Commerce course in Chennai is between INR 20,000 and INR 50,000. As a result, the Master of Commerce Course Fee in India is fairly low while providing a profitable Master of Commerce Salary.

Subjects & Syllabus

The M.Com curriculum is organized into four semesters. The M.Com themes of various M.Com specialties varied correspondingly. The M.Com course offers a variety of courses; nevertheless, during the first year of the program, students in all course specializations are taught the same set of M.Com subjects. Students who choose specialization must select a set of optional topics from the Master of Commerce program in their second year. In some situations, applicants must complete internship projects during the final semester.

M.Com Courses

The M.Com syllabus and course curriculum of the majority of colleges in the country are nearly the same, with minor variations.

The following are the usual mandatory and optional M.Com subjects:

M.Com Compulsory Subjects

Statistical AnalysisStrategic Management
Accounting and Managerial DecisionsBusiness Environment
Corporate Legal EnvironmentCorporate Tax Planning
Managerial EconomicsMarketing Behaviour
Computer Applications in BusinessCorporate Financial Accounting
Financial ManagementManagement Concepts and Organization Behaviour
E-CommerceEconomics of Global Trade and Finance

The table below lists some of the most prevalent elective disciplines and courses in the Master of Commerce program. These disciplines are often provided to students in the second and third semesters.

M.Com Elective Subjects

Commercial Bank ManagementFinancial Bank Management
Banking and FinanceEntrepreneurial Management
International FinanceInvestment Management
Research Methodology in CommerceIncome Tax
Financial MarketsHuman Resource Management


M.Com degree holders has a wide range of work opportunities in the financial and corporate sectors. They can pick and apply for occupations such as operation manager, financial consultant, investment banker, marketing manager, accountant, and business analyst after completing their degree.

The wage paid in various professions varies by industry, based on the recruiters’ talents, credentials, experience, and other unique criteria. The typical wage package provided to freshers or entry-level employees ranges from Rs. 2 lakhs per annum to Rs. 5 lakhs per annum. An experienced individual can earn up to Rs. 8 lakhs each year.

A candidate can work in the BFSI industry, pursue teaching or lectureship, or do research. M.Com degree holders have several work opportunities in the commercial, public, and government sectors. Nationalized banks, railways, Income Tax, and other government institutions are excellent places for M.Com graduates to pursue a stable and profitable career. Some of the most popular career opportunities for M.Com graduates include.

M.Com Job ProfilesAverage Salary (INR)
Cost Accountant5.9 lakhs per annum
Accountant/Senior Accountant2.5 lakhs per annum
Company Secretary5.9 lakhs per annum
Finance Executive4.15 lakhs per annum
Risk Analyst5.16 lakhs per annum
Assistant Manager6.2 lakhs per annum
Cashier/Teller2 lakhs per annum
Investment Banker9.09 lakhs per annum
Chartered Accountant8 lakhs per annum
Bank Manager7.9 lakhs per annum
Market Analyst4.6 lakhs per annum
Business Analyst6 lakhs per annum
Insurance Agent2.4 lakhs per annum
Securities Analyst4.9 lakhs per annum
Finance Manager9.8 lakhs per annum
Share Broker4 lakhs per annum
Wealth Manager7.2 lakhs per annum
Auditor4.8 lakhs per annum
Trader3 lakhs per annum
Researcher6.8 lakhs per annum
Teacher4 lakhs per annum

Course Scope

The commerce industry is expanding as a result of the world’s digitization. Banking and finance are the most popular career paths for M.Com graduates. The majority of students are studying for CA (Chartered Accountancy), CMA (Certified Management Accountant), and other highly regarded national and international financial and accounting certification courses.

FAQs Related to M.Com

Q. What are the different forms of M.Com?

Ans: In India, there aren’t many different kinds of M.Com degrees. It is mainly based on the specialties or themes offered by the institution or university.

The following are the many types of M.Com:

  • M.Com (Regular) Financial Administration
  • Accounts and Finance M.Com
  • Finance M.Com
  • Computer Applications M.Com
  • M.Com Business Management.

Q. How do you get into M.Com?

Ans: Candidates must submit their applications online at the college or university’s website. Eligible students will be chosen based on their merit or performance in an admission exam.

Q. Which is best M.Com or MBA?

Ans: An M.Com is a master’s degree in commerce, whereas an MBA is a master’s degree in management. Both provide a variety of professional opportunities and have distinct advantages.

  • M.Com will provide you with opportunities in the financial and banking sectors, and professionals can work as Accountants, Tax Consultants, CA, CFA, Financial Consultants, Business Consultants, and so on. As previously stated, there are several higher degrees and courses available to students following graduation.
  • MBA programs, on the other hand, provide management and leadership roles in a variety of fields such as marketing, finance, international business, digital marketing, e-commerce, data & business analytics, and so on.

M.Com is a course for students who are really interested in the commerce industry and desire to advance their careers in accounting, banking, or taxes. However, if you want to work in the corporate world as a management professional and expert, an MBA is the finest study option for you.

Q. Can I pursue both a Master of Commerce and a Master of Business Administration?

Ans: Yes, you may pursue a Master of Commerce via distance or online, while an MBA is best obtained through a traditional institution. You can also pursue a Master of Commerce after finishing your MBA; many students do this if they want both degrees to be traditional and not remote or online.

Q. Is it worthwhile to pursue MCom correspondence from IGNOU?

Ans: IGNOU is a central university that provides students with several UG, PG, diploma, and certification level courses. The course curriculum of an M.Com degree is extremely thorough, thus if you are taking another course like CA, CFA, CFP, CMA, or any other higher degree course, it is recommended to pursue M.Com through correspondence or distance at IGNOU. The tuition is lower, and the lecturers and professors provide a strong curriculum and job counseling.

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