MCom Admission 2024: The Master of Commerce (MCom) program is an excellent choice for graduates looking to deepen their knowledge in commerce, accounting, and finance. To apply, candidates need to fill out an online registration form available on the university’s official website. Eligibility requires a bachelor’s degree in commerce or a related field with a minimum of 50% marks. Application fees generally range from INR 500 to INR 2,000, with course fees varying between INR 20,000 and INR 80,000. Universities like Delhi University and Banaras Hindu University offer this program, with key subjects like Financial Accounting, Economics of Global Trade, and Business Statistics. Make sure to check specific university websites for detailed information and deadlines.
Graduates of MCom can expect to earn around INR 4 LPA in entry-level jobs. MCom opens many doors for careers in business and finance. With this degree, students gain important skills needed for success in the corporate world.
MCom Admission Important Points:
- Course Name: Master of Commerce (M.Com)
- Overview: The M.Com is a postgraduate degree that provides in-depth knowledge of commerce, finance, and business management. This course will help you advance your skills and understanding of subjects like Accounting, Taxation, Economics, and Financial Management, preparing you for specialized roles in business and finance.
- Eligibility Criteria: A Bachelor’s degree in Commerce or a related field from a recognized university with a minimum of 50%-55% marks is required for MCom admission.
- Duration: This PG program typically lasts for 2 years.
- Course Curriculum: The curriculum includes key subjects like Financial Management, Corporate Laws, Economics, and Taxation.
- Career Opportunity: After completing M.Com, you can work as a Financial Analyst, Accountant, Tax Consultant, Auditor, or Investment Banker.
- Average Salary: According to job role salary for M.Com graduates generally ranges from INR 3.7 LPA to INR 5.5 LPA.
- Approx. Annual Fees: The fees ranging from INR 15,000 to INR 20,000.
MCom Admission 2024 Highlights
| Course Name | M.Com |
| Full Form | Master of Commerce |
| Eligibility | Bachelor’s degree in Commerce with at least 50% |
| Entrance Exams | Commonly based on merit; some may accept exams like CUET |
| University Name | IMTS Institute |
| Duration | 2 Years |
| Average Course Fees | INR 10,000 – INR 50,000 per year |
| Minimum Percentage Required | 50% in Bachelor’s Degree |
| Study Mode | Full-time / Distance |
| Subjects | Economics, Business Law, Accounting, Finance, Marketing, Taxation |
| Program Level | Postgraduate |
| Age Limit | No age limit |
| Job Roles | Financial Analyst, Tax Consultant, Accountant, Auditor, Business Consultant |
| Average Salary Offered | INR 3 – 6 LPA |
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 admission offers specialization options in multiple domain of commerce, 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 PG admissions including MCom 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 a MCom 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. MCom admission in distance education 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 your specific interests and career goals. Before going through the MCom admission process you should check some of the popular MCom specializations including:
- MCom (Accounting and Finance): This specialization focuses on advanced concepts in accounting, financial reporting, auditing, and financial management. It provides a strong foundation 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. MCom admission in this specialization is preferred by students who aim 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 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
- 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
Note: These documents may vary for MCom admission in different universities. Check for specific details on the chosen university’s website.
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 Chandigarh University Admission
- 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 Amity University Admission
- 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: MCom admission are 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 Christ University Admission
- 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 semester focusing on different subjects and areas of commerce. You should go through these syllabus details to form a clear picture about your MCom admission decision:
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 M.Com degree opens up a wide range of career opportunities in the fields of finance, accounting, taxation, and management. You should go analyze these bright career possibilities to make your MCom admission process more decisive:
- 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
M.Com 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.
MCom Admission FAQs:
Q: What are the eligibility criteria for MCom admission?
A: The eligibility criteria 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 admission to MCom?
A: Some universities accepts entrance exams for an MCom course, 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 get an MCom admission 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.
