Master of Commerce (M.Com)

Master of Commerce (MCom or M Comm; sometimes Magister Commercii as MagComm or Mag. comm.) is a postgraduate master's degree focusing on commerce-, accounting-, management- and economics-related subjects. The Master of Commerce typically requires one or two years of full-time study. The curriculum is generally concentrated on one subject area, see aside, and emphasizes underlying theory. Relatedly, programs usually include a thesis component and may be exclusively research-based.

M.Com, whose full form is Master of Commerce, is a post graduate degree in which the student is made an expert for the related work of accounting, that is, you can get a job in accounting, banking business. And by the way, to do M.Com course, students do B.COM (Bachelor of Commerce) i.e. from Bachelor of Commerce and the same people do courses like M.Com, they also do post graduation. There is a degree after which you are called post graduate.

By the way, this M.Com course is very popular in our country because it keeps accounting, business accounting and much more clear, such as accounting for money transactions in the bank, doing all these things M.Com (M.com) It teaches in the course that you are a master in all these things, it is a 2 year course, you can do this course only when you have done it from B.Com, then you know how to do M.Com. What should be the qualification for (Minimum Qualification For M.com)

 

Eligibility Criteria

Minimum eligibility criteria for MCom is a minimum of 50% marks in aggregate in BCom or BCom (Honours) or equivalent from a recognized university

Some universities also induct students who have completed Economics (H), BBA, BFIA and BBE will a minimum score of minimum 60% aggregate or equivalent

Reserved category students are entitled to marks relaxation of up to 5%

State level universities also offer marks relaxation to home students

 

M.Com Degree Highlights

 

M.Com course level

Post Graduate Degree

M.Com full form

Master of Commerce

M.Com course duration

2 Years

M.Com admission process

Based on the entrance exam/merit-based

Minimum percentage required at UG level, for the M.Com admission

Candidates are required to have 50 per cent in B.Com from a recognised university.

M.Com course fee at various colleges and universities

Rs. 35,000 to Rs. 50,000 per annum

 

Common Specializations

Accounting

Actuarial Science

Business Management

Corporate Governance

Economics

External Economic and Commercial Relations Policy

Finance / Financial Management

Human Resource Management

Information Technology

International Commercial Arbitration

Trade Law / International Trade Law

Marketing

Risk Management

Statistics

Supply Chain Management

 

M.Com Subjects

Organization Behavior and Management Process

Management and Financial Accounting

Marketing Management

Managerial Economics

Computer Applications in Commerce

Business Environment & Policy

Management of Nonprofit Organizations

Corporate Governance

Research Methods & Statistical Techniques

Financial Management

Elements of Income Tax

Management of Financial Services

E-Commerce

Managerial Communication

Mergers & Acquisitions

International Trade – Theory & Practice

 

MCom Syllabus

Paper

Paper-wise s

Organisation Theory and Behaviour

Organizational Theories and Behavior: Classical, Neo-classical and Contemporary

Authority, Power, Status, Formal and Informal Structure, Flat and Tall structures

Bureaucratization of Organizations, Organizational Behaviour-Concepts, Determinants

Models, Challenges and Opportunities of OB

Statistical Analysis

Probability and Expectation: Approaches to Probability, Addition, Multiplication and Bayes Theorem, Mathematical Expectation

Probability Distribution: Binomial, Poisson, Exponential, Beta and Normal Distributions

Statistical Decision Theory

Economic Analysis

Firm and its Objectives: Theories of the Firm, Managerial Theories, Behavioural Approaches, Growth Theories, Satisfying Theory, etc. Relevance of Profit Maximization in the Modern Context

Consumer Behaviour: Determination of Demand. Type of Goods and the Demand Function, Indifference Curve Analysis, Indifference Preference and Slutsky’s Analysis of Demand, Revealed Preference, Theory of Attributes, Snob Appeal, Bandwagon Effect and the Demand Function, Inter-temporal Demand Function and Demand for Durable Goods

Financial Management and Policy

Financial Management: Nature, Objectives and Scope, Financial Decision-Making and Types of Financial Decisions, Role of a Finance Manager in a Firm and Agency Problem, Risk-Return Framework for Financial Decision-Making

Capital Budgeting Decisions: Nature and Kinds of Capital Budgeting Decisions, Techniques of Evaluating Capital Budgeting Decisions, Capital Budgeting Decisions Under Constraints and with Multiple Objectives using Mathematical Programming Models

Managerial Accounting

Management Accounting: Nature and Functions, Financial vs Management Accounting, Cost vs Management Accounting, Role of Management Accountant,

Cost Concepts and Classifications

Activity Based Product Costing: Concept and Uses, Emerging Costing Approaches

Variable and Absorption Costing: Concept, Comparison, Applications of Variable Costing, Preparation of Income Statement

Business Environment

Basic IS-LM Frame-Work, Asset Markets, Demand for and Supply of Real Balances and Interest Elasticity, Implications of Modified IS and LM Functions on Relative Efficacy of Fiscal and Monetary Policies. Short and Long Run Aggregate Supply and Shifts in Aggregate Supply, Aggregate Demand, Aggregate Supply and Price Level, Interaction of Aggregate Demand and Aggregate Supply and Determination of Real Income, Shifts in Aggregate Demand and Demand Management Policies

Exchange Rate Regimes, Foreign Exchange Markets, Asset Choices in an Open Economy and Capital Flows, Trade Flows, External Balances, IS-LM-BOP Curve Analysis and Implications for Policy Choices

Expectations and Economic Behavior

Quantitative Techniques for Business Decisions

Introduction: Quantitative Approach to Management Decision Making

Linear Programming

Transportation: Solving the Problem, Testing Optimality MODI Method

Integer Programming: Problem Formulation and Solution

Marketing Management

Introduction: Traditional View of Marketing, Evolution of Marketing Concept, Modern Concept of Marketing, Marketing Functions and Role, Marketing Management Process-A strategic perspective

Marketing Environment

Buyer behavior

Strategic Management

Introduction: Concept and Role of Corporate Strategy, Levels of Strategy, Basic Model of Strategic Management

Strategic Analysis: Analysis of Broad Environment- Environmental Profile, Constructing Scenarios

Strategic Choice

Strategic Implementation

Accounting Theory and Practice

Accounting Theory: Nature and Scope, Accounting methodology, Different approaches to theory construction.

Conceptual Framework of Financial Accounting and Reporting

Issues in accounting standard setting. Accounting standards in India. Income concepts for financial reporting

International Business

International Business: Importance, Nature and Scope, Modes of Entry into International Business, Management of International Business Operations - Complexities and Issues, IT and International Business, India’s Involvement in International Business

Theoretical Foundations of International Trade: Reasons for International Trade, Theories of International Trade, Gains from Trade, Foreign Trade Multiplier, Terms of Trade

Human Resource Management

Nature of Human Resource Management, Concepts, Functions, Themes and Controversies

HRM, Job Analysis and Job Design

Business Strategy and Human Resource Strategy

 

M.com Course Benefits

There are many benefits after doing M.Com course, but I want to tell you some benefits so that you can get an idea and you should also enjoy doing M.Com course, no course is bad, just you have to work hard. If you have to do it, then let's now know that the benefits of M.Com course

After doing M.Com course, you become well knowledgeable and expert.

After doing M.Com you become a post graduate

This is a post graduation degree, after doing that you have the knowledge of everything, after that you can do a job as a master in a big company.

After doing M.Com course, you can do job in any big commercial company.

You can easily get accounting or any such job.

After doing M.Com, you can go to big profession like CA.

You can easily do job abroad after doing M.Com.

After doing M.Com, you can teach commerce student or you can also do job in research and corporate sector.

 

M.com Job Types

By the way, after doing M.com, you have a lot of options to do anything but let me tell you about some great jobs which are very good.

auditors

book keepers

budget analysts

business consultants

chartered management accountant

Chief Financial Officer

finance managers

financial analyst

human resource manager

investment analyst

marketing manager

stock brokers

teacher/lecture

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