An M.Com degree is important for achieving career advancement specifically in the field of finance, accounting and business management. Moreover, it provides one with better job prospects and higher salary opportunities. The individuals with an M.Com degree are equipped with skills which allow them to excel in their specialized field and makes them the preferred candidates for higher level jobs as compared to the other candidates.
Duration and Eligibility
The duration of an M.Com degree course in typically 2 years which translates into 4 semesters.
To be eligible for an M.Com degree a candidate must have a B.Com degree along with a minimum aggregate score of 50%. While this is the more general criteria some universities have their own requirements.
A detailed description of the core subjects covered in an M.Com degree is given below:
Subject
Description
Advanced Financial Accounting
It encompasses areas like partnerships, consolidations, foreign currency transactions, and accounting for acquisitions.
Corporate Accounting & Reporting
Corporate accounting and reporting involve the systematic recording, analysis, and reporting of a company's financial transactions and information to stakeholders, including investors, regulators, and the public
Business Environment & Policy
The business environment encompasses all internal and external factors that influence a company's operations and strategic decisions. A policy outlines the rules, regulations, and procedures that guide the behavior and decision-making of employees within an organization.
Managerial Economics
Managerial economics applies economic theory and analysis to practical business decision-making. It helps managers make informed choices regarding resource allocation, pricing, production, and investment to optimize profitability and efficiency within an organization.
A list of all the specialisation subjects along with their description has been provided below:
Subjects
Description
Financial Management
The business function concerned with profitability, expenses, cash and credit.
Marketing Management
Marketing management is a strategic process that involves planning, organizing, directing, and controlling a company's marketing activities to achieve its objectives, such as increasing sales and building customer relationships
Human Resource Management
Business practice focused on managing employees to help an organization achieve its goals. It encompasses various functions like recruitment, training, compensation, and employee relations, aiming to maximize employee performance and align HR practices with the organization's overall strategic objectives.
International Business
International business encompasses all commercial activities that occur across national borders, including trade, investment, and the movement of capital, technology, and personnel.
Taxation & Auditing
Taxation involves the calculation and payment of taxes owed to the government, while auditing involves the independent examination of financial records to ensure accuracy and compliance with laws and regulations.
Accounting & Finance Subjects
An overview of the accounting & finance subjects covered in an M.Com degree is given below:
Subjects
Description
Cost Accounting & Management Control
Cost accounting focuses on identifying, measuring, and controlling costs, while management control uses that information to make strategic and operational decisions.
Corporate Finance
It focuses on how companies raise capital, manage their investments, and allocate resources to maximize shareholder value while balancing risk and return.
Investment Analysis & Portfolio Management
Investment analysis assesses the potential performance and suitability of an investment, while portfolio management involves creating and managing a collection of investments to achieve specific financial goals.
Auditing & Corporate Governance
Corporate governance ensures a company operates ethically and transparently, while auditing helps maintain the integrity of financial reporting and ensures accountability, which are key aspects of good governance.
Business Management & Economics Subjects
A detailed overview of the business management & economics subjects studied during an M.Com degree are given below:
Subjects
Description
Strategic Management
Strategic management is a comprehensive approach to aligning an organization's resources and actions with its long-term goals, vision, and mission
Organisational Behavior
The study of how individuals and groups behave within an organization. It aims to understand the impact of individual, group, and structural factors on behavior within a workplace and to improve organizational effectiveness.
Micro & Macro Economics for Business
Micro and macroeconomics provide business decision-makers with a framework to understand how individual choices and the broader economy influence their operations
Business Ethics & Corporate Social Responsibility
Business ethics encompasses the moral principles and values that guide organizational behavior and decision-making. On the other hand, CSR refers to a company's commitment to operating ethically and responsibly
Research & Analytical Subjects
A detailed overview of the subjects covered under research & analysis in an M.Com degree course is given below:
Subjects
Description
Quantitative Techniques & Statistics
Quantitative research employs numerical data and statistical analysis to examine relationships between variables, test hypotheses, and generalize findings to a larger population.
Statistics science of collecting, exploring and presenting large amounts of data to discover underlying patterns and trends
Business Research methods & Data Analysis
Quantitative:
Survey
Experiment
Correlational Studies
Secondary data analysis
Statistical Analysis
Qualitative:
Interviews
Focus Groups
Ethnographic Research
Case Studies
Observation
Other Methods:
Market research
Customer Feedback
Data Analysis Data analysis is a multifaceted process of inspecting, cleaning, transforming, and modeling data to extract valuable insights and support decision-making
E- Commerce & Information Systems
E commerce: It specifically focuses on buying and selling goods and services online.
Information System: focuses on how technology and business work together to support decision-making and achieve organizational goals
Elective Subjects & Optional Papers
A list of all the subjects that can be taken as an elective or on which optional papers can be writen in an M.Com degree course is given below:
Subjects
Description
Entrepenuership & Small Business Management
Entrepreneurship being the process of starting and running a new business, while small business management focuses on the operational aspects of managing an existing, typically smaller, enterprise
Banking & Insurance
Banking involves the handling of money and financial transactions, while insurance provides financial protection against various risks.
Financial Markets & Services
They provide a platform for buyers and sellers to trade financial instruments, such as bonds, equities, derivatives, commodities and currencies
International Finance
It is the study of monetary interactions that transpire between two or more countries. International finance focuses on areas such as foreign direct investment and currency exchange rates.
Practical Components & Project Work
A list of the practical components & project works included in an M.Com degree is given below:
Topics
Benefits
Dissertation/Thesis
It enhances the student’s research skills, academic knowledge & career prospects.
Case studies/presentation
It enhances a student’s practical application of knowledge, improved problem solving skills & communication abilities.
Internships & Industry Experience
It is beneficial as it provides valuable practical skills, industry knwoledge & career advantages.
Business Strategy, Marketing, Leadership, Organizational Behavior
Simpliv
Financial Accounting, Economics for Business, Managerial Finance
Study24x7
Business Economics, Financial Accounting, Managerial Economics
A list of the online coaching platforms for M.Com students is given below:
Coaching Platform
Courses Offered
Unacademy
Business Economics, Financial Accounting, Managerial Economics, Business Law
Vedantu
Business Economics, Financial Accounting, Managerial Economics, Corporate Finance
BYJU’S
Managerial Economics, Financial Accounting, Business Studies
Study24x7
Business Economics, Financial Accounting, Managerial Economics
Edurev
Business Economics, Managerial Economics, Accounting, Business Finance
Toppr
Financial Accounting, Business Economics, Managerial Economics, Business Studies
WizIQ
Managerial Finance, Business Economics, Accounting, Business Law
Testbook
UGC NET Commerce, Financial Accounting, Economics, Business Management
MCom Study
Financial Accounting, Economics for Business, Managerial Economics
Frequently Asked Questions
What is the duration of the M.Com Programme?
The duration of an M.Com degree course in typically 2 years which translates into 4 semesters.
What is the eligibility for M.Com Admission?
To be eligible for an M.Com degree a candidate must have a B.Com degree along with a minimum aggregate score of 50%. While this is the more general criteria some universities have their own requirements.
What are the core subjects in an M.Com Degree
Advanced Financial Accounting, Corporate Accounting & Reporting, Business Environment & Policy, Managerial Economics, Business Research Methods
