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M.Com. course details

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MCom admission 2024-25 is done in light of both merit and entrance test. The CUET PG PG, CUET PG, and other top exams for MCom Admission 2024-25 include At the best MCom colleges, the admissions process typically begins in July. Since CUET PG 2024-25 has been discontinued, candidates who wish to apply for DU MCom Admission 2024-25 must take the CUET PG.

Top schools waitlist the competitors on a legitimacy premise for example execution in BCom or an important graduation course. A distance MCom program is offered by IGNOU. For the January session of IGNOU MCom Admission 2024-25, registration will be open until March, 2024-25.

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About M.Com Course

A two-year postgraduate program in accounting, banking, investment, financial service, investment, and economics and marketing is known as an M.Com full form Masters of commerce.

One of India's most adaptable programs, the Master of Commerce degree allows students to work in almost every industry. MCom can be sought after by competitors who have finished their graduation from a business foundation (BCom, BCom Praises) with a base score of half.

MCom is a popular option for those who want to work as a teacher or lecturer. After completing the MCom course, candidates must enroll in PhD courses for this reason.

M.Com Course Highlight

Course Type

Master

Course

M.Com

Course Full Name

Master of Commerce

Eligibility

B.Com with 50% of marks

Duration

2 years

Course Mode

Regular or Distance based

Admission Process

Merit or entrance based

Entrance Test

BHU PET, PU CET, AU CET, etc.

Course Fees

INR 5,000 to INR 150,000

Application Mode

Online or offline

Age Limit

Minimum 20 years

Job Scope

Account assistant, cost accountant, business analysts, finance consultants etc.

Apx. Salary

INR 5 LPA

Get Details

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Why Study M.Com Course?

A safeguard: The majority of MCom candidates pursue other professional degrees, such as CFA, Company Secretary, or Chartered Accountant (CA). The explanation is that these expert courses are harder to pass. For instance, only 6% of all candidates have completed both group CA exams successfully.

A way to get there: The majority of the competitors who wish to take up educating as a calling, particularly in the trade segment, are vigorously disposed in taking up a MCom specialization in their post graduate level test. The MCom course is vital for taking up the PhD programs from now on and fills in as a preliminary course.

Skills for Managerial Success: The MCom syllabus covers a wide range of topics pertaining to management of an organization and its employees. The MCom schedule is organized so that the applicants furnished with abilities to deal with the money, development of organization, formulate procedures to hold over tough spot

It permits the contender to develop their organizations with various bunch mates as well as seniors, teachers and graduated class. The creation of references for future employment is the primary goal of networking.

M.Com Admission Eligibility Criteria
  • Students need to get at least 50% of marks in B.Com or B.Com Hons or identical from a perceived college.
  • Students with a Bachelor's degree in Economics & Statistics, BFIA, BBS, or BBE from a recognized university and a minimum aggregate score of 60% or higher are also considered by some universities.
  • In government universities, Reserved students are eligible for a mark reduction of up to 5%.
M.Com Admission Process
  • The M.Com admissions process is merit-based and includes an entrance exam.
  • In the event of admission through merit list the competitors marks in the graduation level would just be taken for thought.
  • Students may be required to take an entrance exam, which typically consists of MCQs and tests their knowledge and background in commerce.
M.Com Entrance Exams
  • BHU PET
  • PU CET (PG)
  • PGAT
  • CUCET
  • AUCET
  • SRMHCAT
M.Com Entrance Exam Preparation
  • The following are a few tips to help you pass the M.Com entrance examination. The admissions procedure comprises:
  • Create and regularly adhere to a timetable for each subject to prepare for the general aptitude tests and general science.
  • Practice and settle last year's inquiry papers routinely. Additionally, try to solve model papers. You can get it from the web and writing material shops too.
How to Apply
  • Log in to your account after registering on the website.
  • Peruse the instructions cautiously and top off the application form.
  • Upload the necessary documents.
  • Before submitting the application, review it.
  • Make the application fee's final payment.
M.Com Course Fee

In India, the average M.Com fee is between INR 10,000 and INR 1 LPA. The infrastructure and faculty of a college or university can affect how much it costs to take an M. Com. course.M.Com charges in government universities are relatively low than in private colleges.

Documents Required
  • School Leaving Certificate, if required to substantiate the claim
  • Caste validity certificate For Reserved Candidates
  • Gap Certificate (If Gap In After Previous Course)
  • B.Com with 50% of marks
  • HSC/Diploma Course mark sheets
  • Indian Nationality Certificate
  • Other Proforma’s required for Type wise applications
  • Qualifying Examination mark sheet
  • 12th Mark Sheet
  • SSC (Class 10th) mark sheet

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M.Com Scholarship & Stipend

Students who are economically disadvantaged, members of minority groups, or people with physical disabilities who want to earn a Master of commerce degree can apply for a number of scholarships provided by the Indian government. For M. Com students who meet the requirements, numerous public and private scholarships are available.

The few M.Com scholarships are recorded beneath:

  • Swami Vivekananda Scholarship
  • Nagaland State Research Scholarship
  • Nagaland State Merit Scholarship
  • Reliance Foundation Scholarships
  • Vijaybhoomi University Scholarships and Financial Aid
  • Lakshadweep Scholarship Scheme
M.Com Course Syllabus

In India, M.Com programs teach students about business and finance. In India, the first year of an M.Com course teaches students about commerce, accounting, finance, and banking. There are different sorts of M.Com specializations. These are the subjects for M.Com is:

  • Taxation
  • Business Management
  • Marketing of Financial Service
  • Banking Law and Theory
  • Entrepreneurship
  • E-Commerce
  • Banking Practise
  • Cost and Account Management
  • Financial Accounting
  • Business Accounting
M.Com Specialization List
  • MCom Accounting and Finance
  • MCom Computer Application
  • MCom Taxation
  • MCom Marketing
  • MCom Banking and Finance       
  • MCom Business Management
  • MCom Business Administration
  • MCom Financial Management
  • MCom E-Commerce      
  • MCom Finance and Control
  • MCom Statistics               
  • MCom Accountancy
  • MCom Economics           
  • MCom Banking
Types of M.Com Available in India

Full-time M.Com

The Full-Time M.Com program is available for two years. In India, the most common type of MCom course is the full-time option. Admission to M.Com courses is based on merit or an entrance exam.

M.Com Part-Time

  • The M.Com Part-Time program is offered for two years.
  • The courses are accessible from various schools like Birla Worldwide College, Nalanda Open College, ICFAI Dimapur, and so forth.

Distance M.Com

  • Working professionals and career aspirants who are unable to regularly attend classes often enroll in distance M.Com courses.
  • The applicants prior to chasing after the distance instruction course ought to see that the courses are approved by the Distance Schooling Board and UGC.
Job Scope
  • Accounts Assistant
  • Accountant
  • Financial Manager
  • Business Analyst
  • Investment banker
  • Financial Analyst
  • Financial Controller
  • Personal Finance Consultant
  • Executive Assistant
  • Risk Analyst
  • Finance Manager
  • Securities Analyst
  • Financial Analyst

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FAQs

Q. Can I complete an M.Com and become a CA?

A. Of course, yes! You can seek after CA subsequent to doing MCom. As a matter of fact, you can likewise seek after it one next to the other during MCom. You are free to pursue CA at any time because there is no age limit. The completion of CA will take at least three to five years.

Q. What opportunities open doors do I have after finishing M.Com?

A. After MCom, there are various open doors for understudies in finance, financial aspects, business, internet business and in banks. These are the significant areas of occupations work in the wake of finishing this expert degree course.

Q. What skills are necessary to pursue M.Com?

A. M.Com course is to a great extent about numbers, diagrams and estimations, subsequently, it is fundamental for a competitor to have sharp insightful abilities and an adoration for numbers.

Q. What opportunities await M.Com graduates in the future?

A: The M.Com degree provides students with a wide range of career options worldwide. They have a choice of jobs in the private, public, and government sectors.

Q. Which are some of the M.Com admissions entrance exams?

A. College admissions can be determined by merit or through entrance exams. A portion of the top M.Com entrance tests are the Establishment of Chartered Accountant of India test (ICAI), ICSI test, ICWAI test, PU CET (PG), and so forth. Each school has a different admissions rules.