What is M.Com? 
The 2 years M.Com course provides quality education to the students serving the needs of managerial cadre in business and industry. It also serves the purpose of research and teaching in business studies.

M.Com improves logical reasoning, analytical skills, communication skills, mathematical and statistical knowledge, business management skills, teaching and research skills. Therefore, candidates who are interested in becoming teachers, lecturers, professors and pursue higher education (PhD) usually go for this course. 

Why M.Com? 
The M.Com courses are in high demand due to the financial benefits it provides to the candidates. The MCom courses are available in different modes and the large amount of specialization allows the candidates to carve a niche among the different industries. The following are the advantages a candidate can avail after the completion of M.Com:

• New Job opportunities:  The M.Com course will provide improved job opportunities in the future. For example, the investment sector in India is expected to grow up to USD 1 trillion by 2025, thus providing employment opportunities for the M.Com graduates. Similarly, the investment banking sector in India is expected to grow from USD 102.84 billion in 2020, to 111.45 Billion in 2021 at a CAGR of 8.4 %, and would reach USD 137.97 Billion by 2025. The Banking and Financial Service Industry (BFSI) which hires M.Com graduates is expected to generate over 8 million jobs in the next 8-10 years.
• Robust Salary:The M.Com candidates are absorbed in different positions such as Account assistant, cost accountants, investment bankers, etc. The average M.Com salary in India is INR INR 372,913 per annum, whereas the average fee ranges between INR 5000-INR 140,000. Hence, the candidates are able to recoup their investment easily. M.Com graduates have job opportunities in almost every sector of the economy. Some of the top recruiters of MCom graduates are Capgemini, Dell, Infosys and others. Moreover, there is no age bar to pursue an M.Com degree.
• A safety net: Most of the M.Com candidates pursue other professional courses such as Chartered Accountant (CA), Company Secretary or CFA. The reason is that these professional courses are tougher to pass. For example only 6% of the total candidates have passed both the group of CA exams. And the passing percentage of the CFA course is between 42-54 %. So if anything goes wrong the candidates would have something to fall back on.
• A stepping stone: Most of the candidates who wish to take up teaching as a profession, especially in the commerce section, are heavily inclined in taking up a M.Com specialization in their post graduate level exam. The M.Com course is necessary for taking up the PhD programs in the future and serves as a preparatory course.
• Development of Managerial Skills: The M.Com Syllabus includes different subjects related to management of the organisation and its people. The MCom syllabus is curated in such a way that the candidates equipped with skills to handle the finance, growth of company, create strategies to tide over difficult situation
• M.Com Specialization: The M.Com course offers a large number of specialisations that includes streams such as Finance, Accounting and Finance, Marketing, Computer application, Financial management, business management, etc. The different specialization improves the job prospect.
• It allows the candidates to build up their networks with different batch mates as well as seniors, professors and alumni. The main idea behind networking is the creation of references for future jobs.
• M.Com qualification allows candidates to appear for competitive exams like civil services exam or exam related to finance and accounting requirements like income tax, CAG or excise departments.

Eligibility :
The basic eligibility criteria to pursue this course is as follows:

• Students need to secure a minimum of 50% aggregate in BCom or BCom Hons or equivalent from a recognized university.
• Some universities also consider students who have completed Bachelor’s degree in Economics & Statistics, BFIA, BBS and BBE with a minimum aggregate score of 60% or equivalent from a recognized university.
• Students belonging to Reserved category are entitled to marks relaxation of up to 5% in government universities.
• There is no upper age limit for the admission to the M.Com course.

MCom Scope

Commerce sector is ever increasing due to the digitalization of the world. Banking and Finance are the top employment areas for students after an MCom degree. Majority of students are preparing for CA (Chartered Accountancy), CMA (Certified Management Accountant) and other highly acclaimed national and international certification courses in the field of finance and accounting.

Following are the list of courses that are usually pursued after MCom:

• Doctor of Philosophy (PhD): 

PhD is the highest degree that one can pursue after completing a master degree course. Hence, after M.Com, students can pursue this research based degree which can take upto 3-5 years to complete. Admission is based on entrance exams such as NET and other equivalent national level or university level examinations. This is considered a best option for students who are interested in lectureship and fellowship.

In the field of commerce, students can opt for one of the following PhD degrees:

• Management Courses:

As we all know, management is one field that requires top industry professionals and managers to excel. There are many management courses that are available at master level. Admission is based on entrance exams such as CAT, MAT, XAT, GMAT, GRE, CMAT and other management entrance exams. 

They provide a plethora of job opportunities and better career prospects in different high paying fields such as management, finance, international business, business analytics, supply chain, logistics, healthcare management, and many more. 

Following are the top master level or higher management courses that MCom students are eligible to pursue to enter the demanding field of management: