MCom Admission 2024: The Master of Commerce (MCom) program is ideal for students looking to deepen their knowledge in commerce and finance. Eligibility: Candidates must have a Bachelor’s degree in Commerce with at least 50% marks for general category and 45% marks for SC/ST/OBC candidates. Application Fee: ₹500 for general category and ₹250 for SC/ST/OBC. Approximate Fee: ₹20,000 per year. The course covers subjects like Accounting, Business Management, Economics, and Finance. Reservation: SC/ST/OBC candidates have reservations as per government norms. Admission Last Date: 16th July 2024. For detailed information and to apply, visit the official website: University Official Website.
Admission to the M.Com program will be based on merit or entrance examination. Some top entrance exams that provide admission to the M.Com program are CPGET, AP PGCET, CUET PG, URAT PG, and more. Admission to M.Com in several universities is ongoing. Aspiring students can fill out the registration form from the university website before the expected deadline of 30 June 2024.
Students will gain knowledge about management, economic theory, accounting concepts, and money and banking systems. The M.Com program also offers specializations such as M.Com in accounting, M.Com in banking, M.Com in marketing, and more. Students can also pursue an M.Com program through distance education if they are unable to attend regular classes at the university.
MCom Admission 2024 Updates
- Delhi School of Economics (DSE), Delhi: Admission open, fee approx. INR 25,000, subjects: Advanced Accounting, International Business, Financial Management, Taxation, Econometrics. Apply by 21 June 2024. https://econdse.org/
- Symbiosis School of Economics (SSE), Pune: Registration open, fee approx. INR 2,00,000, subjects: Managerial Economics, Corporate Finance, Business Analytics, Investment Analysis, Derivatives and Risk Management. Deadline: 25 June 2024. https://sse.ac.in/
- Madras School of Economics (MSE), Chennai: Admission started, fee approx. INR 1,50,000, subjects: Econometrics, International Trade, Public Economics, Industrial Organization, Environmental Economics. Last date: 28 June 2024. https://www.mse.ac.in/
- Deen Dayal Upadhyaya Gorakhpur University: The deadline for MCom admissions in 2024 is approaching soon. Eligible candidates may apply for the program on or before June 8, 2024. Source
- NIILM University, Haryana: The eligibility for MCom admission in 2024 is a Bachelor of Commerce degree with a minimum of 50% marks. The annual fee is around ₹ 20,000. The deadline for admissions is June 14, 2024. Source
- SKU University, Andhra Pradesh: The eligibility for the program is a graduate in BCom with 45% marks. The annual fee is around ₹ 15,000, and the deadline to apply is June 13, 2024. Source
- William Carey University, Shillong: The eligibility for MCom admission is a BCom graduate with 50% or above. The fee is around ₹ 12,000 per year. The deadline is June 12, 2024. Source
- IMTS Institute, Noida: BCom graduates with a minimum of 50% marks are eligible for the program. The annual fee is around ₹ 30,000. The last date for MCom admissions is June 15, 2024. Source
National Education Policy (NEP) 2020: According to the NEP 2020, the syllabus of M.COM includes various subjects and courses that allow students to choose as per their interests across the discipline. New topics like Digital finance, E-commerce, data analytics, etc have been introduced. Choosing various courses and subjects allows students to earn more credits. Now, students have the flexibility to study the first year of their postgraduate courses in one university and the second year in another.
- Choice-based credit system: To get M.com degree students are required to secure 95 credits in 2 academic years.
- Academic Bank of Credits (ABC): Before taking admission students are required to generate an ABC ID to manage and track their credits provided by the universities.
Career Opportunities: After completing an M.Com postgraduate degree students can get hired for various job profiles like Finance Executive, Bank Manager, Finance Manager, and more. The initial salary students will receive after completing M.Com is INR 4-10 LPA.
MCom Admission 2024 Highlights
Particulars | Details |
---|---|
Full-Form | Master of Commerce |
About the Course | MCom is a postgraduate study course designed for two years |
Duration | Two Years |
Eligibility | 50% aggregate in BCom or BCom (H) from a recognized university or college |
Examination | CUET PG, IPU CET, AP PGCET, MAH CET, URAT PG, etc. |
Fee | INR 40,000 – 2,00,000 per annum |
Approval | UGC and AICTE |
Job Opportunities | Accounts Assistants, Accountants, Financial Managers, Business Analysts, Investment Bankers, Financial Analysts, etc. |
Admission Process | Merit or Entrance Exam |
Subjects | Organizational Behaviour, Economic Analysis, Financial Management and Policy, Statistical Analysis, Business Environment, International Business, etc. |
Distance Education | Yes, Available |
Admission Date | 30 June 2024 |
Top Universities | IMTS Institute, Singhania University, Subharti University, NILLM University |
Entrance Exams | June 2024 |
Placement | Barclays, HCL, PWC, Genpact, Deloitte, Accenture, Citi, ICICI Bank, Wipro, ITC, etc. |
What is MCom Admission?
MCom admission is the process of enrolling in a Master of Commerce program offered by various universities and colleges across India. The MCom course is designed to provide students with advanced knowledge in commerce-related subjects, such as accounting, finance, taxation, economics, and business management. The program aims to equip students with the necessary skills and expertise to excel in their chosen careers within the commerce and business domains.
Why Study MCom?
- Career Advancement: An MCom degree opens up many career opportunities in the corporate world, including roles in accounting, finance, taxation, and business management. It enhances the employability of candidates and helps them climb the corporate ladder.
- Specialization Options: MCom programs offer various specialization options, such as Accounting, Finance, Taxation, and Business Management, allowing students to focus on their areas of interest and build expertise in specific domains.
- Higher Education Opportunities: An MCom degree is a stepping stone for those interested in pursuing research or higher education, such as a Ph.D. in Commerce or related fields.
- Professional Certifications: MCom graduates can pursue professional certifications like CA, CFA, or CS, which are highly sought-after in the industry and can lead to lucrative career opportunities.
MCom Admission 2024: Entrance Examinations
- CUET PG (Common University Entrance Test – Postgraduate): Conducted by the National Testing Agency (NTA) for admission to postgraduate courses in participating universities across India.
- IPU CET (Guru Gobind Singh Indraprastha University Common Entrance Test): Conducted by Guru Gobind Singh Indraprastha University for admission to various postgraduate courses, including MCom, offered by the university and its affiliated colleges.
- AP PGCET (Andhra Pradesh Postgraduate Common Entrance Test): Conducted by the Andhra Pradesh State Council of Higher Education (APSCHE) for admission to postgraduate courses, including MCom, in universities and colleges in Andhra Pradesh.
- MAH CET (Maharashtra Common Entrance Test): Conducted by the State Common Entrance Test Cell, Maharashtra, for admission to postgraduate courses, including MCom, in universities and colleges in Maharashtra.
- URAT PG (University Research Aptitude Test – Postgraduate): Conducted by the University of Rajasthan for admission to postgraduate courses, including MCom, offered by the university and its affiliated colleges.
MCom Admission Eligibility Criteria
- Candidates must have completed a Bachelor’s degree in Commerce (BCom) or equivalent from a recognized university.
- A minimum aggregate of 50% marks at the undergraduate level is required to secure admission to the MCom program.
- Usually, a 5% relaxation in the minimum aggregate marks is provided for candidates belonging to reserved categories (SC/ST/OBC).
- There is no upper age limit for enrolling in an MCom program.
MCom Fees Structure
The average fees for MCom programs across top universities in India range from INR 15,000 to INR 90,000 annually. Distance education for the MCom course is also available in India. The course fees for distance education MCom programs range between INR 10,000 to INR 50,000.
MCom Specializations
MCom programs offer various specializations that cater to students’ specific interests and career goals. Some of the popular MCom specializations include:
- MCom (Accounting and Finance): This specialization focuses on advanced concepts in accounting, financial reporting, auditing, and financial management. It prepares students for careers in accounting firms, financial institutions, and corporate finance departments.
- MCom (Taxation): The taxation specialization deals with the intricacies of tax laws, tax planning, and tax management. It equips students with the knowledge and skills required to work as tax consultants, tax advisors, or in the taxation departments of organizations.
- MCom (Business Management): This specialization emphasizes developing managerial skills and knowledge in marketing, human resource management, operations management, and strategic management. It prepares students for leadership roles in various business functions.
- MCom (Banking and Financial Services): The banking and financial services specialization focuses on the operations and management of banks and financial institutions. It covers banking regulations, financial markets, risk management, and financial services.
- MCom (International Business): This specialization deals with the global aspects of business, including international trade, cross-cultural management, global marketing, and international finance. It prepares students for careers in multinational corporations and international business organizations.
MCom Distance Education Admission
Distance education has emerged as a popular mode of learning for students who cannot attend regular classes for various reasons. Many universities in India offer MCom programs through distance education mode. Here are some key points about MCom distance education admission:
- Eligibility: Candidates must have completed a Bachelor’s degree in Commerce (BCom) or equivalent from a recognized university with a minimum aggregate of 50% marks.
- Admission Process: The admission process for distance education MCom programs is usually merit-based. Candidates need to submit their application form along with the required documents and pay the necessary fees.
- Flexibility: Distance education offers flexibility in terms of learning at one’s own pace and convenience. Students can study from the comfort of their homes and manage their work or other commitments alongside their education.
- No Entrance Exam: One of the biggest advantages of distance education is that there is usually no entrance examination required for admission. This makes it easier for students to enroll in the program without the added stress of preparing for and appearing in an entrance exam.
- Career Prospects: Distance education MCom programs provide the same curriculum and knowledge as regular MCom programs. Graduates can pursue careers in accounting, finance, taxation, banking, and other related fields.
- Universities Offering Distance MCom: Some of the renowned universities offering MCom through distance education include Indira Gandhi National Open University (IGNOU), Symbiosis Centre for Distance Learning (SCDL), Annamalai University, and Madurai Kamaraj University, among others.
MCom Application Form 2024
- Visit the University Website: Go to the official website of the university or college where you wish to apply for the MCom program.
- Fill out the Online Application Form: Look for the MCom admission application form on the website and fill in the required details accurately. This may include personal information, educational qualifications, contact details, and other relevant information.
- Upload Required Documents: Upload scanned copies of the necessary documents as specified by the university. This may include your passport-size photograph, signature, identity proof, marksheets, degree certificates, and other relevant documents.
- Pay the Application Fee: Pay the application fee online using the provided payment gateway. The fee amount may vary depending on the university or college.
- Submit the Application: After filling in all the details and uploading the necessary documents, review your application carefully and submit it online.
- Take a Printout: Take a printout of the submitted application form and keep it for future reference. Some universities may require you to send the printed application form along with the necessary documents to the admission office.
Documents Required for MCom Admission
- Completed application form
- Bachelor’s degree mark sheet and certificate
- 10th and 12th grade mark sheets and certificates
- Category certificate (SC/ST/OBC) (if applicable)
- Identity proof (Aadhaar Card/Passport/Voter ID)
- Passport-size photographs
- Migration certificate (if applicable)
- Character certificate from the previous institution
MCom Admission at Symbiosis International University
- Eligibility: Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks
- Duration: 2 years
- Approximate Fee: INR 1,50,000 to 2,00,000 per annum
- Admission Process: Based on the Symbiosis National Aptitude Test (SNAP) score and Personal Interaction (PI)
- Approval: UGC-recognized and NAAC-accredited
- Website: www.siu.edu.in
MCom Admission at Chandigarh University
- Eligibility: Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks
- Duration: 2 years
- Approximate Fee: INR 60,000 to 80,000 per annum
- Admission Process: Based on the Chandigarh University Entrance Test (CUET) score
- Approval: UGC-recognized and NAAC-accredited
- Website: www.cuchd.in
MCom Admission at Amity University
- Eligibility: Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks
- Duration: 2 years
- Approximate Fee: INR 1,00,000 to 1,50,000 per annum
- Admission Process: Based on the Amity Joint Entrance Examination (AJEE) score and Personal Interview
- Approval: UGC-recognized and NAAC accredited
- Website: www.amity.edu
MCom Admission at Lovely Professional University
- Eligibility: Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks
- Duration: 2 years
- Approximate Fee: INR 80,000 to 1,00,000 per annum
- Admission Process: Based on the LPU National Entrance and Scholarship Test (LPUNEST) score
- Approval: UGC-recognized and NAAC-accredited
- Website: www.lpu.in
MCom Admission at Christ University
- Eligibility: Bachelor’s degree in Commerce or equivalent with a minimum of 55% marks
- Duration: 2 years
- Approximate Fee: INR 1,00,000 to 1,50,000 per annum
- Admission Process: Based on the Christ University Entrance Test (CUET) score and Personal Interview
- Approval: UGC recognized, NAAC accredited with an ‘A’ grade
- Website: www.christuniversity.in
University Comparison for MCom Admission
University | Fee (per annum) | NAAC Rating | Eligibility |
---|---|---|---|
Symbiosis International University | INR 1,50,000 to 2,00,000 | ‘A’ Grade | Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks |
Chandigarh University | INR 60,000 to 80,000 | ‘A+’ Grade | Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks |
Amity University | INR 1,00,000 to 1,50,000 | ‘A’ Grade | Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks |
Lovely Professional University | INR 80,000 to 1,00,000 | ‘A’ Grade | Bachelor’s degree in Commerce or equivalent with a minimum of 50% marks |
MCom Admission in Delhi Colleges
College | Eligibility | Exam | Approx. Fee (per annum) |
---|---|---|---|
Shri Ram College of Commerce | Bachelor’s degree in Commerce with 60% marks | CUET PG | INR 20,000 to 30,000 |
Delhi School of Economics | Bachelor’s degree in Commerce with 55% marks | CUET PG | INR 10,000 to 20,000 |
Hansraj College | Bachelor’s degree in Commerce with 55% marks | CUET PG | INR 15,000 to 25,000 |
Ramjas College | Bachelor’s degree in Commerce with 50% marks | CUET PG | INR 10,000 to 20,000 |
Shaheed Bhagat Singh College | Bachelor’s degree in Commerce with 45% marks | CUET PG | INR 10,000 to 15,000 |
Kirori Mal College | Bachelor’s degree in Commerce with 50% marks | CUET PG | INR 15,000 to 25,000 |
MCom Admission in Noida Colleges
College | Eligibility | Exam | Approx. Fee (per annum) |
---|---|---|---|
Amity University | Bachelor’s degree in Commerce with 50% marks | AJEE | INR 1,00,000 to 1,50,000 |
Jaypee Business School | Bachelor’s degree in Commerce with 45% marks | JUPET | INR 80,000 to 1,00,000 |
Sharda University | Bachelor’s degree in Commerce with 40% marks | SUAT | INR 60,000 to 80,000 |
IMTS Institute | Bachelor’s degree in Commerce with 41% marks | Direct Admission | INR 30,000 to 50,000 |
Noida International University | Bachelor’s degree in Commerce with 45% marks | NIUET | INR 50,000 to 70,000 |
JIMS Engineering Management Technical Campus | Bachelor’s degree in Commerce with 51% marks | JEMTEC Entrance Test | INR 70,000 to 90,000 |
MCom Admission in Mumbai Colleges
College | Eligibility | Exam | Approx. Fee (per annum) |
---|---|---|---|
Narsee Monjee College of Commerce and Economics | Bachelor’s degree in Commerce with 45% marks | Merit-based | INR 20,000 to 30,000 |
Sydenham College of Commerce and Economics | Bachelor’s degree in Commerce with 50% marks | Merit-based | INR 15,000 to 25,000 |
Mulund College of Commerce | Bachelor’s degree in Commerce with 40% marks | Merit-based | INR 10,000 to 20,000 |
Lala Lajpat Rai College of Commerce and Economics | Bachelor’s degree in Commerce with 41% marks | Merit-based | INR 10,000 to 15,000 |
Ramniranjan Anandilal Podar College of Commerce and Economics | Bachelor’s degree in Commerce with 51% marks | Merit-based | INR 20,000 to 30,000 |
St. Xavier’s College | Bachelor’s degree in Commerce with 55% marks | Merit-based | INR 25,000 to 35,000 |
MCom Admission in Bangalore Colleges
College | Eligibility | Exam | Approx. Fee (per annum) |
---|---|---|---|
Christ University | Bachelor’s degree in Commerce with 55% marks | CUET PG | INR 1,00,000 to 1,50,000 |
Mount Carmel College | Bachelor’s degree in Commerce with 50% marks | Merit-based | INR 20,000 to 30,000 |
St. Joseph’s College of Commerce | Bachelor’s degree in Commerce with 45% marks | Merit-based | INR 25,000 to 35,000 |
Jain University | Bachelor’s degree in Commerce with 40% marks | JUAT | INR 80,000 to 1,00,000 |
Kristu Jayanti College | Bachelor’s degree in Commerce with 41% marks | Merit-based | INR 30,000 to 40,000 |
MES College of Arts, Commerce and Science | Bachelor’s degree in Commerce with 51% marks | Merit-based | INR 15,000 to 25,000 |
MCom Admission in Haryana Colleges
College | Eligibility | Exam | Approx. Fee (per annum) |
---|---|---|---|
Kurukshetra University | Bachelor’s degree in Commerce with 45% marks | KUK CET | INR 20,000 to 30,000 |
Maharshi Dayanand University | Bachelor’s degree in Commerce with 40% marks | MDU CET | INR 15,000 to 25,000 |
Chaudhary Devi Lal University | Bachelor’s degree in Commerce with 41% marks | CDLU CET | INR 10,000 to 20,000 |
Guru Jambheshwar University of Science and Technology | Bachelor’s degree in Commerce with 50% marks | GJUS&T CET | INR 25,000 to 35,000 |
NILLM University | Bachelor’s degree in Commerce with 51% marks | Direct Admission | INR 20,000 to 30,000 |
Manav Rachna University | Bachelor’s degree in Commerce with 45% marks | MRU CET | INR 80,000 to 1,00,000 |
MCom Admission in Rajasthan Colleges
College | Eligibility | Exam | Approx. Fee (per annum) |
---|---|---|---|
University of Rajasthan | Bachelor’s degree in Commerce with 45% marks | UTRA UG | INR 10,000 to 20,000 |
Mohanlal Sukhadia University | Bachelor’s degree in Commerce with 40% marks | MLSU CET | INR 15,000 to 25,000 |
Jai Narain Vyas University | Bachelor’s degree in Commerce with 41% marks | JNVU CET | INR 10,000 to 15,000 |
Mody University of Science and Technology | Bachelor’s degree in Commerce with 50% marks | MUST CET | INR 80,000 to 1,00,000 |
Poornima University | Bachelor’s degree in Commerce with 51% marks | Direct Admission | INR 60,000 to 80,000 |
Maharaja Ganga Singh University | Bachelor’s degree in Commerce with 45% marks | MGSU CET | INR 20,000 to 30,000 |
MCom Syllabus
The MCom syllabus is divided into four semesters, each focusing on different subjects and areas of commerce. Here is a general overview of the subjects covered in each semester:
1st Year
Semester I | Semester II |
---|---|
Management Accounting | Advanced Cost Accounting |
Marketing Management | Research Methodology |
Business Environment | Human Resource Management |
Managerial Economics | Financial Management |
Organizational Behaviour | Quantitative Techniques |
2nd Year
Semester III | Semester IV |
---|---|
Strategic Management | Project Work |
Financial Markets and Institutions | Elective Paper 3 |
Elective Paper 1 | Elective Paper 4 |
Elective Paper 2 | Viva Voce |
Business Ethics and Corporate Governance | – |
Career Opportunities & Scope
An MCom degree opens up a wide range of career opportunities in the fields of finance, accounting, taxation, and management. Graduates can pursue careers in:
- Accounting and Finance: Chartered Accountancy, Cost and Management Accounting, Financial Analysis, Auditing
- Banking and Insurance: Bank Management, Risk Management, Insurance Management
- Taxation: Tax Consulting, Tax Planning, Tax Management
- Management: Business Development, Sales and Marketing, Human Resource Management
- Academia: Teaching, Research, Education Management
MCom Jobs and Salary
- Financial Analyst: INR 4-8 lakhs
- Chartered Accountant: INR 7-15 lakhs
- Cost and Management Accountant: INR 6-12 lakhs
- Tax Consultant: INR 5-10 lakhs
- Bank Manager: INR 8-15 lakhs
- Business Development Manager: INR 6-12 lakhs
- Lecturer/Assistant Professor: INR 4-8 lakhs
Conclusion
Pursuing an MCom degree is an excellent choice for students who wish to build a career in the field of commerce and finance. With a wide range of specializations, career opportunities, and competitive salaries, an MCom degree provides a strong foundation for success in the corporate world. Students should carefully consider their interests, aptitude, and career goals while selecting the right university and specialization for their MCom admission.
FAQs:
Q: What are the eligibility criteria for MCom admission?
A: The eligibility criteria for MCom admission is a bachelor’s degree in Commerce or equivalent with a minimum of 50-55% marks, depending on the university.
Q: Is an entrance exam required for MCom admission?
A: Some universities conduct entrance exams for MCom admission, such as CUET PG, IPU CET, JNVU CET, etc., while others offer admission based on merit.
Q: What are the specializations available in MCom?
A: MCom offers specializations in Accounting and Finance, Banking and Insurance, Taxation, Business Management, and more.
Q: What are the career opportunities after completing MCom?
A: MCom graduates can pursue careers in accounting, finance, taxation, banking, insurance, management, academia, and more.
Q: What is the average salary of an MCom graduate?
A: The average salary of an MCom graduate varies depending on the job role and experience, ranging from INR 4 lakhs to INR 15 lakhs per annum.
Q: Can I pursue an MCom through distance education?
A: Yes, many universities offer MCOM through distance education mode, providing flexibility for working professionals and students who cannot attend regular classes.