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<p>M.Com: Full Form, Eligibility, Entrance Exam, Top Colleges, Fees, Future scope</p>

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M.Com, Masters of Commerce, is a highly popular two-year post-graduate course for candidates who wish to make a career in banking financial services and insurance (BFSI) as well as accounting and commerce sectors.

Latest Updates

  • Dr BR Ambedkar University has extended the application deadline for PG Courses till 3 Nov 2022.
  • Bangalore University is accepting applications for PG Courses. Candidates can apply till 14 Nov 2022.

Only candidates with a bachelor's degree in commerce with a minimum score of 50% are eligible to pursue this course. Admissions to this course are made through an entrance exam or merit-based. The average fees for this course vary from INR 8,000 and INR 2,25,000.

The top institutes of MCom include Hindu College, Presidency College, Loyola college, and more. Candidates who are interested in pursuing this course may appear for DUET, BHU PET, PUCET PG, AUCET, CUCET, and more. 

Many MCom candidates opt for professional courses such as CA, CS or CFA. Students can get jobs as an Operation Manager, Finance Manager, Accounting Manager, etc. Average salary after the MCom ranges from 5-10 LPA.

M Com Course Course Details

M.Com Course Highlights 

M.Com Full Form Masters in Commerce
M.Com Type Post-graduate
M.Com Course Duration 2 Years
M.Com Eligibility B.Com/B.Com (H) with a minimum score of 50 %
M.Com Admission Criteria Entrance exam based/Merit-based
M.Com Specializations Marketing, Banking and Finance, Economics, Finance, Taxation, Computer Application, Accounting and Finance, and more
M.Com Fees INR 8,000 and INR 2,25,000 (Average)
M.Com Entrance Exams DUET , BHU PET , PUCET PG , AUCET , CUCET , etc.
Top M.Com Colleges SRCC, Hindu college, NMIMS University, KJ Somaiya College, Loyola College, Christ University, St Ann’s College, Symbiosis College of Arts and Commerce, and more
Top M.ComRecruiters SBI, ICICI Bank, HDFC, RBS, Indusland Bank, PNB, Deloitte
M.Com Salary INR 5 - 10 LPA (Average)

M.Com Eligibility Criteria

M.Com Eligibility Criteria

  • Candidates who wish to pursue this course need to secure a minimum of 50% marks in their bachelors degree. 
  • Some universities across India consider candidates who have pursued their bachelor’s degree in Economics & Statistics, BFIA, BBS and BBE with a minimum of 60% or equivalent from a recognized university.
  • Candidates who belong to a minority community have been offered a relaxation of up to 5 % in government-associated universities. 
  • There is no upper age limit for admissions to the M.Com course.

M.Com Entrance Exams

M.Com Entrance Exams

Exam Name Exam Date
DUET MCOM 2022 3rd week of July 2022
BHU PET 2022 To be announced
PUCET PG 2022 July 3, 2022
AUCET 2022 To be announced
CUCET 2022 July 15, 2022 - August 10, 2022

Top 20 M.Com Colleges in India

Top 20 M.Com Colleges in India

College Name NIRF Ranking Eligibility Total Fees Average Package
Hindu College, Delhi 2 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 36,620 INR 8.4 LPA
Presidency College, Chennai 3 A minimum of 50 % in Bachelor’s degree - INR 4 LPA
Loyola College, Chennai 4 Qualifying marks in B.Com in General / Corporate Secretaryship or BBA INR 46,040 INR 5.5 LPA
Atma Ram sanantan Dharam College 7 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 23,542 INR 5.17 LPA
Shri Ram College of Commerce 12 At minimum of 60% marks in undergraduate degree from a recognised university  INR 58,800 INR 15 LPA
Hansraj College 14 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 34,068 INR 7.3 LPA
Madras Christian College 17 Qualify graduation with a minimum of 50% Aggregate INR 54,514  INR 3.75 LPA
Shri Guru Tegh Bahadur Khalsa College 39 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 37,933 INR 5.4 LPA
Sacred Heart College, Kerala 59 Qualifying marks in Bachelor’s degree INR 14,060 INR 2.9 LPA
Ethiraj College for women  65 Qualifying marks in Bachelor’s degree INR 37,800 INR 3 LPA
Women’s Christrian College, Chennai 72 At least 50% marks in the bachelor’s degree INR 48,728 INR 3.25 LPA
Christ University Bangalore 4 (Outlook) A minimum of 50% in graduation. INR 1.65 L INR 5.75 LPA
Narsee Monjee College of Commerce and Economics 9 (Outlook) Qualifying marks in B.Com INR 64,000 INR 7.5 LPA
Symbiosis College of Arts and Commerce 26 (Outlook) Qualifying marks in BCom (Hons), BCom (Pass), BCom or any other equivalent degree INR 76,128 INR 5.5 LPA
Stella Maris College 18 (Outlook) At least 50% marks in the bachelor’s degree INR 1.05 L INR 3.33 LPA
St. Joseph’s College of Commerce 93 Qualifying marks in BCom (Hons), BCom (Pass), BCom or any other equivalent degree INR 1.63 L INR 4 LPA
KJ Somaiya College of Arts and Commerce 19 (The Week) Candidates must have a bachelor’s degree in with a minimum of 50% from a recognized university. INR 26,000 INR 4 LPA
Mount Carmel College, Bangalore 20 (Outlook) At least 50% marks in the bachelor’s degree INR 1.88 L INR 3.25 LPA
Sydenham College of Commerce and Economics - Qualifying marks in B.Com INR 16,000 3.5L – 7.5L
Kristu Jayanti College 124 Candidates must have a bachelor’s degree in with a minimum of 50% from a recognized university. INR 1.79 L INR 5.95 LPA

Top MCom Colleges in Delhi

College Name Ranking Eligibility Total Fees Average Package
Hindu College  2 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 36,620 INR 8.4 LPA
Atma Ram Sanatan Dharam 7 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 23,542 INR 5.17 LPA
Shri Ram College of Commerce 12 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 58,800 INR 15 LPA
Hansraj College 14 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 34,068 INR 31 LPA
Shri Guru Tegh Bahadur Khalsa College 39 BCom (Hons), BCom (Pass), BCom or any other equivalent degree and qualifying marks in DUET INR 37,933 INR 5.4 LPA

Top MCom Colleges in Mumbai

College Name NIRF Ranking Eligibility Fees Average Package
Narsee Monjee College Of Commerce And Economics, Mumbai 9 - outlook Graduate in BCom/ BMS/ BFM/ BBI/ BAF INR 32,000 INR 11 LPA
K J Somaiya College Of Arts & Commerce, Mumbai 18- India Today Graduate in BCom/ BMS/ BFM/ BBI/ BAF INR 26,000 INR 10.5 LPA
Sydenham College Of Commerce & Economics, Mumbai 19 (The Week) Candidate must have secured qualifying marks in the bachelor’s degree INR 17,000 INR 13.3 LPA
Jai Hind College, Mumbai - Candidate must have secured qualifying marks in the bachelor’s degree INR 28,520 INR 3.5 LPA
St Andrew's College Of Arts Science And Commerce, Mumbai - Candidate must have secured qualifying marks in the bachelor’s degree INR 32,000 INR 4.5 LPA

Top MCom Colleges in Chennai

College Name NIRF College Ranking Eligibility Total Fees Average Package
Presidency College, Chennai 3 Candidate must have secured qualifying marks in the bachelor’s degree INR 1.74 L INR 3 LPA
Loyola College, Chennai 4 Candidate must have secured qualifying marks in the bachelor’s degree INR 46,040 INR 5 LPA
Stella Maris College, Chennai 17 (India Today) Candidate must have secured qualifying marks in the bachelor’s degree INR 1.05 L INR 6 LPA
Women's Christian College , Chennai 25 (India Today) Candidate must have secured qualifying marks in the bachelor’s degree INR 1.27 L INR 2.4 LPA
Guru Nanak College, Chennai 71 (India Today) Candidate must have secured qualifying marks in the bachelor’s degree INR 19,450 INR 3.5 LPA

Top MCom colleges in Bangalore

College Name Ranking Eligibility Total Fees Average Package
Christ University, Bangalore 16 – University Ranking Candidate must have secured qualifying marks in the bachelor’s degree INR 75,000 INR 6.85 LPA
Kristu Jayanti College, Bangalore 124 Candidate must have secured qualifying marks in the bachelor’s degree INR 80,000 INR 5.95 LPA
Nmkrv College For Women, Bangalore 48 (The Week) Candidate must have secured qualifying marks in the bachelor’s degree INR 150,000 INR 4.38 LPA
St Joseph's College, Bangalore 12 (India Today) Candidate must have secured qualifying marks in the bachelor’s degree INR 78,500 INR 4 LPA
Seshadripuram College, Bangalore 35 (India Today) Candidate must have secured qualifying marks in the bachelor’s degree INR 36,000 INR 2.5 LPA

Top MCom Colleges in Hyderabad

College Name Outlook Ranking Eligibility Total Fees Average Package
Osmania University College For Women, Hyderabad 26 50 % aggregate in the qualifying examination INR 4,350 INR 2 LPA
A.V. College Of Arts Science And Commerce, Hyderabad 29 50 % aggregate in the qualifying examination INR 24,000 INR 2 LPA
Dr. B.R. Ambedkar Open University, Hyderabad - 50 % aggregate in the qualifying examination INR 4,500 INR 2 LPA
K L University , Hyderabad 35 50 % aggregate in the qualifying examination INR 2.8 L INR 3.75 LPA
St Ann's College For Women, Hyderabad 68 50 % aggregate in the qualifying examination INR 24,080 INR 24.2 LPA

MCom Cutoff

MCom Cutoff

Shri Ram College of Commerce

Category Cutoff 2021 Cutoff 2020 Cutoff 2019
General 87.17 85.5 87.3
OBC 82.93 - -
SC 81 - -
ST 84.85 - -
PWD 78.19 - -
EWS 84.34 - -

Hansraj College

Category Cutoff 2021 Cutoff 2020 Cutoff 2019
General 86.78 86.52 85.63
OBC 84.21 - -
SC 80.1 - -
ST 78.3 - -
EWS 81.26 - -

Shri Guru Tegh Bahadur Khalsa College

Course Name Cutoff 2021 Cutoff 2020
MCOM 84.35 85.63

MCom Vs MBA: Course Comparison

MCom Vs MBA: Course Comparison

Particular M.Com MBA
Full-form Masters of Commerce Masters of Business Administration
Duration 2 Years 2 Years
Stream Commerce management
Eligibility criteria A minimum 50% aggregate. A minimum 45% aggregate
Admission Process Entrance Test + Counselling National/State/ College-Level entrance exam+ GD PI
Average Fee INR 8,000 – 2,25,000 INR 20,000 - 40 L
Average Salary INR 5-10 LPA INR 10.7 LPA
Job Roles Operation Manager, Finance Manager, Accounting Manager, etc. Marketing Manager, Operations Manager, Financial analyst, etc.
Top Colleges Amity University, Shri Ram College of Commerce, Manav Rachna University, Chandigarh group of colleges SP Jain school of global management, Lovely professional university, Shooline University, Apex University

What After M.Com?

What After M.Com?

Both domestically and internationally, the prospect of an M.Com postgraduate degree is excellent. The demand and specialisation for each job type determine the extent of the M.Com field in India. Fresh M. Com graduates have many work options in both the public and private sectors. Students can also choose to do MBA or CA after completion of the course. Some of the occupations for M.Com grads are listed below along with their job description and average annual salary.

Particular Details
Average Salary INR 5 LPA
Average Fees INR 5,000 to 1.5 Lakhs
Job Profiles Budget Analyst, Management Consultant, Auditor, Risk Analyst, Investment Banker, Finance Consultant
Top Recruiters KPMG, HDFC Bank, ICRA, PWC, State Bank of India and many more
Higher Studies after Mcom MBA, CS

FAQs

FAQs

Ques. What can students do after MCom?

Ans. Students with an MCom degree have a wide range of employment opportunities throughout the world. They have a wide range of employment options in the public, private, and governmental sectors. One of the most popular career alternatives for MCom graduates is chartered accounting. Students can choose to work as teachers, trade managers, wealth managers, bank managers, finance executives, share brokers, etc.

Ques. What qualifications should you meet to apply for MCom?

Ans. A 50% cumulative grade point average in BCom or BCom (H) from an accredited institution or college is the minimal requirement to apply for MCom. Some universities will additionally admit graduates with a minimum cumulative GPA of 60%.

Ques. Who pursues MCom?

Ans. Multiple colleges in India offer the two-year post-graduate degree known as MCom, or Masters in Commerce. Students who want to work in banking, finance, accounting, or other areas of business should take this course.

Ques. What is the eligibility criteria for minorities wishing to pursue MCOM?

Ans. The general category students need to secure at least 50% of the total aggregate. However, for minorities the eligible percentage is 45 %.

Ques. How successful are MCOM candidates?

Ans. MCOM students are quite successful. They earn approx INR 5.1 Lakhs as a starting salary first month from their joining.

Ques. What specialities come under MCom?

Ans. In addition to the MCom (General) and MCom (Honours) specialisations, the course also offers MCom in mathematics, finance, economics, taxation, banking, accounting, business management, and other fields.

Ques. Do I need to possess any particular skills in order to pursue an MCom?

Ans. MCom evaluates an applicant's capacity for analysis. Candidates for the MCom programme should therefore have a passion for numbers, strong logical reasoning abilities, the capacity to recall information, good mathematic abilities, strong verbal and communication skills, leadership qualities, an attention to detail, knowledge of the banking and finance industries, good computer skills, etc.

Ques. What are the top entrance exams for admissions to MCOM?

Ans. The candidates can choose to appear for one of the following entrance exams for admissions to MCOM, Institute of Chartered Accountant of India exam (ICAI), ICSI exam, ICWAI exam, PU CET (PG), etc.

Ques. Which top-notch companies hire MCOM graduates?

Ans. SBI, Punjab National Bank, Citibank, ICICI Bank, HDFC, Deloitte, KPMG, TFC, Ernst and Young, and other notable employers hire MCom graduates.

Ques. What is the average admission fee for the candidates who secure admission in MCOM colleges?

Ans. The admission fee varies from each institute. However, for reference, MCOM from the open school of learning would cost approximately INR 10,280.

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