M.Com Course: Eligibility, Admission Process, Syllabus & Fee Structure

MCom Course: MCom is a higher degree in the field of commerce with a 2-year duration. The course is ideal for students who want to learn, and drive careers in one of the following fields; international business, strategic management, marketing management, business environment, economic analysis, etc.

Eligibility Criteria: It is absolutely necessary to pass a three-year bachelor’s degree in commerce or a related field with a minimum passing score of 35% to get admission opportunities at MCom degree.

Fee Structure: Generally, the fee for the MCom course in private colleges or universities is higher than that of other government-based learning institutions. The 4-semester program fees are largely paid annually. The annual fee of the PG Commerce program is INR 10,000 to 25,000.

Entrance Examinations: The conventional learning mode in India at some universities requires performances from entrance examinations such as DUET, CUET, AMU Entrance Examination, etc. to grant admission to MCom Course. But, this does not mean, candidates cannot study the MCom degree program without passing entrance examinations.

IMTS Institute is offering interested candidates the opportunity to enroll in the MCom course via online learning or distance education without the need for entrance exams.

Online/Distance Learning Admission 2023

By following the instructions below, candidates may not only receive the ideal guidance from the IMTS Institute but also the best option in the form of a university for MCom course.

• On the IMTS Institute website, candidates may find the registration form.
• Fill that up with primary information, and press the submit button to receive the call to schedule the counseling.
• Counseling at IMTS Institute is possible via online/offline mode.
• It is very important for appearing students to not hesitate in sharing the required details to get the best possible support from the expert counseling member of IMTS Institute.
• The Institute’s counseling team typically provides two to three options for each program, ensuring a variety of high-quality educational institutions.
• In order to complete the MCom course admissions process, applicants can choose any of the recommended universities and request assistance from the IMTS Institute.
• No fee is required to deposit for counseling services offered by the IMST Institute until the admission confirms.

Students may call the active number 9210989898 directly between the hours of 10 am and 7 pm if they require assistance with their admissions.

MCom Course Highlights

Why Study MCom Course from IMTS Institute?

When it comes to helping out poor Students, IMTS Institute is Trustworthy and Consistent. The Institute, “which was founded in 2005,” is dedicated to helping the education sector without regard for personal gain. It has Aided and inspired applicants from underprivileged backgrounds to move up the way to the top.

Well over 45,500 students have received assistance from the institute so far in achieving their Objectives. The fact that the passing rate for the IMTS never dropped below 99 demonstrates how excellent it has been overall. Along with partnerships with a number of prestigious Universities, the institute has the backing and endorsement of educational authorities.

Apart from it, the institute is also offering student support services. It provides free counselling to students and counsellors are available on working days. Students can call or WhatsApp for their queries related to course admission.

Eligibility:

Before applying to the MCom course, students must meet the course eligibility criteria. Below we have mentioned MCom eligibility so that students will know whether they are eligible to opt for this course or not.

• BCom Hons or BCom General or a three-year undergraduate degree from a recognized university in India.
• The passing percentage for admission to the MCom program is determined and varies according to the universities.

Course Fees:

MCom degree program fees differ in the online, and distance modes. It can be seen from an amount of INR 10,000 to INR 25,000 annually. The fees are accepted in the affiliated universities with IMTS online such as debit cards, credit cards, mobile internet banking, etc.

Course Duration:

the duration of the MCom course is two years. The admission process is based on merit or an entrance exam. Students who want to take admission to the MCom course must have completed a bachelor’s degree from a UGC-approved university.  

Admission Process:

Candidates who are aiming for admission to MCom advanced degree program but have numerous questions running through their minds can ping IMTS Insitute via WhatsApp, social media sites, websites, etc., to get a call back from the expert counselors. Aspirants are required to share their basic academic and personal information in order to receive the best possible response. 

The service is offered free of charge by IMTS, which places no value on making money over gaining the respect of the students. Only the tuition and registration fees for the chosen program must be paid at the time of enrollment in the university and are the only expenses that students have.

What is MCom Course?

The Master of Commerce or MCom course comprises topics that are related to commerce and the banking sector. The course is basically ideal for students or learners who want to earn knowledge & job in this sector. Learning these banking and commerce skills at the master’s level can lead to job profiles like an accountant, tax auditor, & more. The costs of this course in India vary from INR 10,000 to INR 25,000. An MCom Course salary in India is estimated to be INR 3,72,913 per year. 

There is no difference between the online/distance M.Com course and the regular M.Com course. There is an online/distance M.Com course available to students who wish to learn more about corporate finance but cannot leave their current jobs in order to do so. This course is designed to teach participants how to move forward in their current jobs or how to apply for better positions in different companies in the near future.

The highlights of an online/distance MCom Course are listed below:

• Master of Commerce online/distance learning is a distance learning program. It will enhance your resume during your working hours.
• Financial basics will be taught in this course to help students run a business.
• Students can take online courses and distance learning courses on their own schedule, without being required to attend traditional classes.
• There are four semesters in the online/distance M.Com Course.
• The cost of the online and distance M.Com Course ranges between Rs 10,000 and Rs 25,000.
• Applicants for a Master’s in Commerce must have a bachelor’s degree in commerce.
• Your career prospects will improve if you earn a Masters in Commerce. Online MBA programs in India are available.

MCom Course Key Points: 

Students who want to take admission to the MCom course must meet the eligibility criteria. And there are many things that students will be required to know while applying for this course, such as the course fees, duration, types of MBA courses, and many more. Below, we have mentioned brief details about the course.

Trending Online Courses in India 2023

• This is the full name of M.Com: Master of Commerce, or M.Com.
• Enrollment in M.Com programs is based on passing an entrance exam or being on a list of people who did well.
• The Hindu College in Delhi, Christ University in Bangalore, Mithibai College of Arts in Mumbai, and many more are among the best M.Com colleges in India.
• The BHU PET, the AU CET, the PU CET, and other top admission tests are used to get into the M.Com program at the top universities.
• Online, distance, part-time, and full-time options are available for students who want to study for their M.Com. They must also know this.
• Distance learning degrees are meant for working adults and cost INR 10,000 to 25,000.
• Organizational Theory and Behavior, Marketing Management, Managerial Accounting, Economic Analysis, and many other subjects are surrounded by the M.Com Curriculum, also called the MBA.
• It can help students become operation managers, accounting assistants, business analysts, cost accountants, and many other kinds of people.
• The State Bank of India, KPMG, ICRA, HDFC Bank, PWC, and other big companies hire many people.
• People who work in the government or in the private sector usually make about INR 5 Lacs per year.
• As soon as they finish the program, people can start studying for an MBA or other degrees like a CA, CFA, or even a PhD.

Why Study MCom Course after Graduation?

M.Com degree studies are in great supply because of the monetary rewards they bring to applicants. M.Com programs are accessible in various formats, and the extensive specialties give aspirants the to build out a specialty in a multitude of sectors. The key benefits that a student will receive upon the end of the training are:

The MCom Course will lead to improved job opportunities in the long term. For instance, Today’s finance industry is predicted to rise to USD 1 trillion before 2025, creating job prospects for M.Com students. Over the coming 8 to 10 years, the Banking and Financial Service Industry (BFSI) that employs M.Com students will create approximately 8 million employees.

Many applicants who want to educate as a career, particularly in economics, are strongly motivated to pursue an M.Com concentration in their master’s level test. The M.Com program is required for subsequent Doctoral degrees and acts as a prerequisite.

It allows youngsters to interact with their peers and elders, instructors, and recent graduates. The fundamental goal of networking is to create testimonials for potential employment.

Applicants with an M.Com degree can sit for rigorous tests such as the public administration test or examinations connected to accounting and finance needs such as taxable income, Audit, or customs agencies.

M.Com graduates are hired in various professions, including account assistants, cost accountants, investment bankers, and so on. The typical M.Com income in the country is INR 3.72 lacs per year, with fees ranging from INR 10000 to INR 25,000 annually. As a result, the applicants can readily repay their expenditures. M.Com students can find work in nearly all aspects of the market.

Who Should Pursue MCom Course? 

• Students interested in the field of commerce must enroll in the M.Com program.
• Applicants interested in a future in the Insurance (BFSI), Financial Services, and banking industry must enrol in the M.Com program.
• Students who desire to seek senior roles in organizations may enroll in M.Com programs.
• Practitioners with undergraduate credentials in commerce may enroll in this online learning program to increase their career opportunities.
• The M.Com Program is suitable for working as a financial manager.
• Applicants who are dissatisfied with their undergraduate courses in a specific stream can select an M.Com discipline based on their own choice.
• Upon completing their degree program, individuals who plan to continue a profession as an accountant might enroll in the M.Com Programme.

When to pursue M.Com?

• Applicants can begin working on the M.Com program shortly after finishing their undergraduate degrees.
• Students might take this course after acquiring certain relevant experiences to increase overall professional prospects.
• Working expert people can take this training program to advance their careers or improve their abilities.

Modes of M.Com Course

M.Com Course is among India’s leading degree programs. The master’s in commerce program provide options for a variety of specialties and numerous versions of the degree that applicants may follow based on availability, skill, and qualification. The many forms of M.Com programs are explained further below.

Full-Time MCom Course

• The M.Com Full-Time classes are designed for two years. The most common version of the M.Com program in India is the entire M.Com program.
• Entry to M.Com programs is based on an admission exam or merit.
• Christ University Hindu College and the University of Calcutta are among the best universities that provide M.Com programs.
• Accounting, statistics, BM, financial management, and other topics are covered in the M.Com Specialization.

Part-Time M.Com Course

• Part-time M.Com facilities are offered for two years.
• Programs are accessible from various institutions, including ICFAI Dimapur, Nalanda Open University, and Birla Global University.
• The typical fee ranges from INR 3,400 to INR 15,000.
• Admissions are based upon the principle of a merit list compiled from the scores received in undergraduate studies.

Online M.Com Course

• Online M.Com studies are preferred for working adults and applicants who cannot join conventional classrooms.
• Before enrolling in a distant academic program, applicants must ensure that the programs have been approved by the Distance Education Board and the University Grants Commission.
• Annamalai University, Lovely Professional University, Karnataka State Open University, IGNOU, and others offer the programs.
• The typical fee for this program varies from INR 5000 to INR 22,000. The mean tenure of the program is two to five years.

M.Com Course Admission 2023

There are multiple universities and institutes in India that offer M.Com course admission for the 2023 academic session. And if we talk about MCom programme modes, there are various modes, such as full-time M.Com Course, Part-Time MCom, Online M.Com courses. M.Com course admission will be done based on merit and entrance examination.

• M.Com enrolment is awarded to students through merit as well as entrance tests.
• Inside the context of the merit-based entrance, just the student’s grades at the bachelor’s level would be considered.
• In some situations, candidates needed to take an admission test that is often MCQ-based and tests individuals’ expertise and knowledge in commerce.
• Entry to the M.Com program at the University Of Calcutta is based on a rank report released from the B.Com or comparable exams.
• As a result, to be admitted to the M.Com program, candidates must register for the test and performance ratings; they are either admitted or progressed to another phase of enrolment, i.e., Personal Interview and Group Discussion or Counselling.
• An exam result is published, based on which applicants are admitted.

Trending Updates for M.Com Course Admission

• Applicants for the MCom course at PTSNS must submit their applications by 15 June 2023.
• MCom course admissions for 2023 have begun at Kannur University. The deadline for submitting application forms is 6 June 2023.
• MCU’s MCom program registration has started; the application deadline is 31 May 2023.
• Admissions to the MCom Course at Bundelkhand University are currently accepted for 2023. There is a deadline of 20 July 2023 for students to apply.
• Applications are invited for the MCom course at Annamalai University. Registration ends on 15 June 2023.
• The MCom admissions process at GNDU is now underway. The deadline for applications is 11 July 2023.
• Fresh admissions to Algappa University’s MCom program are now open. The application deadline is 31 May 2023.
• Registration for the M.Com course at MCU has started, and the deadline is 31 May 2023.

M.Com Admission Process 2023

• The scores necessary for the various M.Com concentrations differ depending on the college/university. Nevertheless, the fundamentals stay the very same. The admissions procedures are clear and easy to understand, and it is given as:
• Entrance to M.Com programs is based on talent or a written test. There are various entrance exams at regional, country, and institute levels for M.Com admissions.
• One should either qualify for the admission test or perform well in your UG degree. 
• Age limits are not provided, but some institutes may include in their criteria.

M.Com Course Application Form 

IMTS institute offers an online application form for the M.Com courses. Students can apply through the official website of the Institute. Details required like name, and date of birth must be filled in correctly and according to the previous year’s educational certificates. Documents should be uploaded in proper format and duly filled forms should be submitted before the last date.

MCom Course Eligibility Criteria

In order to be considered for admission to the MCom program, applicants must meet the eligibility requirements. The following points will help students better understand the Master of Commerce degree eligibility criteria.

• The following are the primary criteria for pursuing an M.Com:
• Applicants must have a least a 40 percent average in B.Com Hons, B.Com, or any degree in a related discipline from a university.
• Many colleges also accept individuals who’ve already obtained a UG degree in Statistics and Economics, BBE, BBS, or BFIA, 
• from a reputed institute with an average result of 60 percent or comparable.
• Candidates from the Scheduled caste are eligible for a 5% score reduction in public institutions.
• The M.Com program has no age restriction for entry.

MCom Course Entrance Exams 2023

The leading admissions examinations for M.Com enrolment in India are as follows:

• CUET: UGC has declared to conduct admissions in 45 central universities and some private universites on the basis of the Common University Entrance Test (CUET 2023). The Central University of Rajasthan (CURAJ), DU, JNU, and many other universities will take admission to its PG courses including the M.Com Course on the basis of entrance test results.
  
• PU CET: It is a provincial standardized test administered by the University Of Punjab, Chandigarh, for students entering its many postgraduate programs and courses in subjects such as science, commerce, and management. Each year the exam is conducted offline in May or June.
• IPU CET: Master of Commerce or MCom course at Guru Gobind Singh Indraprastha University is offered to students based on the performance of IPU CET 2023. The University conducts the Common Entrance Test every year in the month of July.
• AUCET: It is a standardized test for people who want to go to Andhra University, Visakhapatnam, and get a master’s degree. Andhra University and Dr. BR Ambedkar University, Srikakulam, are linked to each other. There are usually paper-based tests in May and June every year.
• BHU PET: The exam is an academic level test that is taken by people all over India to get into PG programs like M.Com. It is run by the Banaras Hindu University (BHU). Hundreds of students in India take this test every year in the hope of getting into this prestigious and well-known university.

M.Com Entrance Exam Syllabus

The syllabus for most of the M.Com entrance exams is also similar in most cases. It is mainly made of quantitatively based topics. All the questions in the entrance exam are MCQs based on quantitative questions. There are almost 150 questions on which the paper is composed. In most cases, a negative marking is applicable, and one mark is deducted for the negative answer.

MCom Course Distance Education

M.Com Distance Learning is among the best rewarding options provided to learners who cannot continue their careers traditionally. When enrolling in an M.Com Online Learning program, applicants must determine if the curriculum is authorized by the Distance Education Board (DEB) and the University Grants Commission (UGC).

Distance MCom Course Admission Process

In many situations, the minimum qualifying criteria for entrance to the MCom course online study class would be that the applicants have completed their degree with the lowest grade of 50%.

Entrance to the best institutions is primarily based on a merit list based on the grade point average attained in the graduating grade.

Application forms are generally submitted electronically, but institutions can also submit in person the production of all required papers, including mark sheets, degree certificates, scores, and so on.

MCom Course Syllabus

An M.Com is a 2-year long duration course broken up into four terms. The subjects of different M.Com specialties were also different. The MCom course curriculum covers a wide range of subjects, but students from all majors take the same M.Com classes in the first year of the course.

Those who want to specialize in their second year must choose a group of optional courses from the Master of Commerce program that they can take. In some cases, people who want to work as an apprentice have to pass assignments in their last year of college. Business Environment, Marketing Behavior, Statistical Analysis, E-Commerce, Accounting, and Managerial Decisions are the most common topics.

Top MCom Colleges in Delhi

There are 167 MCom colleges in Delhi NCR, some of these are govt while others are private. The Fee range for this programme ranges between INR 13,500 to 58, 000 per year. Below are best colleges available for MCom course in Delhi:

• Miranda House
• Shrim Ram College of Commerce (SRCC)
• Lady Shri Ram College for Women
• Ramjas College
• Hindu College
• Hansraj College
• Jamia Millia Islamia
• Shaheed Bhagat Singh College
• Kirori Mal College

Top MCom Colleges in UP

In UP, there are various colleges that offer M.Com courses for a nominal fee. Usually, Admission to BCom courses at UP College took place in July. Most of the students prefer to take apply in below mentioned top colleges:

• Lucknow University
• DAV College
• Aligarh Muslim University
• Amity University
• Chaudhary Charan Singh University
• National Post Graduate College
• Banaras Hindu University

Scope of MCom Course

Students who apply for admission in the MCom course will get a chance to look for a bright future in the field of commerce as it is a course that offers a wide variety of career opportunities for students after they graduate. There has been a gradual increase in the demand for professionals with detailed knowledge in the field of commerce with every passing day and year.

The average salary package that an applicant can get on passing the MCom course can get from INR 3.72 LPA to INR 8.54 LPA.

A student who has completed an MCom course can go for PhD in MCom specializations to become a professor. They can also start preparation for government jobs. There are some decent posts like Assistant Audit Officer, Assistant Accounts Officer, Assistant Section Officer, Inspector of Income Tax, Assistant Enforcement Officer, etc.

Recruitment Areas

There are various fields where MCom degree holders recruit with a good salary package some of them are given below:

• Account Assistant
• Finance Executive
• Risk Analyst
• Market Analyst
• Bank Accountant
• Finance Consultant

Frequently Asked Questions?

Ques 1: Is there a future for M.Com students?

Ans: There are many career options available to graduates with an MCom course such as auditors, business analysts, company secretaries, consultants, tax accountants, finance officers, stock brokers, sales analysts, and economists.

Ques 2: How valuable is an M.Com degree?

Ans: Although the MCom course is less expensive than the MBA, the M.Com is more valuable for commerce students since it guarantees you a high-paying job after graduation.

Ques 3: What is the salary of M.Com in India?

Ans: The average salary for the MCom course is INR 3.72 LPA in India.