Master of Commerce
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Duration
2 Years
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Level
Post Graduation
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Type
Degree
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Eligibility
B.Com / Grad (Honors) in Economics / Management
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M.Com or Master of Commerce is a Post-Graduate academic degree that is awarded after the successful completion of a two years program. The Master's 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 of the fields of Commerce such as Statistics, Taxation, Marketing, Accounting & Finance, Banking, Insurance, etc.
Simply, Master of Commerce is a Post-Graduate 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, the study of Master of Commerce degree gives an insight into commerce, management, and economics.
Master of Commerce Eligibility
- Aspiring students should have completed a Graduate degree in Commerce stream.
- However, as an alternative criterion, many universities accept graduation degrees with Honours in Economics or Business/Management Studies for admission to their M.Com degree course.
- Some of the very reputed universities and institutes demand a minimum of 45-50% aggregate marks in graduation as qualifying criteria to secure admission in this course and some also conduct entrance examinations to get admission to their M.Com degree course.
- Selection to the degree course in these colleges is based on marks secured in the final merit i.e., total marks aggregated in the final exams of graduation and the entrance exam.
Master of Commerce Syllabus
Syllabus of Master of Commerce as prescribed by various Universities and Colleges.
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Master of Commerce Semester-I
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Sr. No.
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Subjects of Study |
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1
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Accounting for Managerial Decisions |
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2
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Business Environment |
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3
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Corporate Financial Accounting |
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4
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Computer Applications in Business |
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Master of Commerce Semester-II
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1
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E-Commerce |
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2
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Corporate Tax Planning |
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3
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Corporate Legal Environment |
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Master of Commerce Semester-III
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1
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Economics of Global Trade and Finance |
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2
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Financial Management |
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3
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Managerial Economics |
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4
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Management Concepts and Organization Behaviour |
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Master of Commerce Semester-IV
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1
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Marketing Management |
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2
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Statistical Analysis |
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3
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Strategic Management |
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Optional Papers
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Banking & Finance
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Commercial Bank Management |
Entrepreneurial Management |
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Financial Markets
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Financial Bank Management |
Human Resource Management |
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International Finance
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Investment Management |
Research Methodology in Commerce |
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Further, a student should select one optional group out of:
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| Optional Group: Accounting and Finance |
Optional Group: Marketing
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Optional Group: International Marketing |
Optional Group: Statistics |
- Accounting for Managerial Decision
- Advanced Financial Accounting
- Corporate Financial Accounting
- Financial Institutions and Markets
- Project Planning and Control
- Security Analysis and Portfolio Management
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- Advertising and Sales Management
- Consumer Behaviour and Marketing Research
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- Foreign Trade Policy, Procedures, and Documentation
- International Marketing
- International Business Environment
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- Quantitative Techniques and Research Methodology
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Master of Commerce Colleges
- Amity University, Noida
- Banaras Hindu University- BHU, Varanasi
- CRM University, Bangalore
- Calcutta University, Kolkata
- Christ University, Bangalore
- Chandigarh University, Chandigarh
- DAV College, Chandigarh
- Goswami Ganesh Dutta SD College, Chandigarh
- Hindu College, Delhi
- Lovely Professional University- LPU, Jalandhar
- MCM DAV College for Women, Chandigarh
- Rayat Bhara University, Mohali
- University of Delhi, Delhi
Master of Commerce Course Suitability
- Master of Commerce Course 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 the job of a teacher/lecturer in various universities and colleges after clearing the requisite exams like UGC NET/JRF etc.
- This course is also suitable for those candidates who are willing to pursue Chartered Accountancy and Company Secretary-ship.
How is the Master of Commerce Course Beneficial?
- M.Com degree 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 careers in various specializations of Commerce such as in Statistics, Taxation, Accounting & Finance, Banking, Insurance and many more.
- Commerce postgraduates can take up research work in various fields of India’s national security problems including international relations, geostrategic, geopolitical, socio-economic, tactical aspects of war, etc.
- A Master's Degree in Commerce prepares a postgraduate 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 nowadays for recent postgraduates in Commerce.
- On successful completion of a 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 a good option.
Master of Commerce Employment Areas
- Banking Sectors
- Customs Department
- Economic Consulting Firms
- Various Corporate Sectors
- Insurance Industry
- Indian Civil Services
- Indian Economic Services
- Indian Statistical Services
- Import/Export Companies
Master of Commerce Job Types
- Accountant
- Accounts Assistant
- Assistant Accountant
- Business Analyst
- Cashier/Teller
- Corporate Analyst
- Executive Assistant
- Financial Analyst
- Finance Manager
- Investment Banker
- Investments Analyst
- Market Analyst
- Money Manager
- Marketing Manager
- Operations Manager
- Personal Finance Consultant
- Risk Analyst
- Securities Analyst
- Senior Accountant
Advanced Course in Master of Commerce
