M.Com. or Master of Commerce Contact is a postgraduate academic degree which is awarded after successful completion of a two years program. The Master degree course covers the study of principles of accounting, economic theory, micro and macroeconomics, money and banking systems, knowledge about business, trade and its characteristics and policies involved, etc. In the final year, the students opt for specialized study in any one fields of Commerce such as Statistics, Taxation, Marketing, Accounting & Finance, Banking, Insurance, etc. Simply, M.Com. is a postgraduate degree program that focuses on the systematic study of the concepts of Accountancy, Business Studies, Statistics, Economics, Mathematics, Finance, Banking, Law, Taxation, Marketing, Management Studies, etc. Therefore, study of M.Com. Degree gives an insight of commerce, management and economics. The course mainly includes thesis based components and there may be some research based elements included.
MASTER OF COMMERCE (M.COM): WHAT IS IT ABOUT?
Master of Commerce Contact is one of the prestigious courses in the country. The program is well received in the industry and for years had been serving the needs of managerial cadre in business and industry. It is a notch higher than a Bachelor degree in Commerce and helps build an in-depth knowledge about various commerce and trade practices. It is a specialized course which prepares an individual for a career in finance and corporate sector. The course is of 2 years duration in which each year is comprised of two semesters with various subjects based on thesis and research work according to the curriculum of university.
MASTER OF COMMERCE (M.COM) ELIGIBILITY
| For admission to M.Com. Contact Program, students must fulfill the below-mentioned eligibility criteria. |
| 1. Bachelor's degree in Commerce |
| 2. Minimum 50% marks at the level of graduation |
| 3. Certain universities also admit students with a B.A. Economics (Hons.) degree |
| 4. Students who have passed B.B.S., B.B.A., B.F.I.A. and B.B.E. with at least 60% marks can also apply |
MASTER OF COMMERCE COURSE SUITABILITY
| 1. Master of Commerce Course Contact is suitable for those candidates who want to go for higher studies and research work in the field of statistics and related areas besides taking up job of a teacher/lecturer in various universities and colleges after clearing the requisite exams like UGC NET/JRF etc. |
| 2. This course is also suitable for those candidates who are willing to pursue Chartered Accountancy and Company Secretary-ship |
HOW IS MASTER OF COMMERCE COURSE BENEFICIAL?
| M.Com degree Contact serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. Degree in Commerce. |
| M.Com degree holders can opt for further higher studies and career in various specializations of Commerce such as in Statistics, Taxation, Accounting & Finance, Banking, Insurance and many more |
| Commerce post graduates can take up research work in various fields of India's national security problems including the international relations, geostrategic, geopolitical, socio-economic, tactical aspects of war, etc. |
| A Master's Degree in Commerce Contact prepares a post graduate for a wide variety of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant. |
| Law schools are a very common destination now-a-days for recent post graduates in Commerce. |
| On successful completion of Master's degree in Commerce, a student can apply for the UGC-NET or JRF exam; the success in these exams makes teaching or research as good options. |
MASTER OF COMMERCE (M.COM): CAREER PROSPECTS
M.Com Contact is a post graduate course pursued after B.com which is an undergraduate course. After M.Com., students can opt for MBA or LLB, Doctor of Commerce (D.Com.), Doctor of Business Administration (DBA), or a Doctor of Philosophy (PhD). After completion of Master of Commerce program, a student can also find employment in both Private and Public Sector. An M.Com. degree holder can look for a career opportunity in public sector in various nationalized banks like State Bank of India, Union Bank etc. Railway Recruitment Board recruits these postgraduates for the post of Assistant Accounts/Audit Officer.
MASTER OF COMMERCE EMPLOYMENT AREAS
| Various Corporate Sectors |
| Banking Sectors |
| Economic Consulting Firms |
| Customs Department |
| Indian Civil Services |
| Indian Statistical Services |
| Indian Economic Services |
| Insurance Industry |