Master of Commerce is a 2-year post-graduation degree focusing on Commerce, Accounting, Management and Economics-related subjects. M.Com is suitable for commerce graduates. The course studies the functioning of the economy, capital, revenue and taxes. M.Com is a very versatile course and gives the students a choice to choose their careers in various fields. The course is about numbers, graphs and calculations; therefore, it is an essential requirement for an aspirant to have sharp analytical skills and a love for numbers.
To pursue M.Com and further make a career in the related field, the aspirant should possess the following skills-
- Logical Reasoning
- Strong Analytical Skills
- Strength in Mathematics
- Ability to remember facts & figures
- Knowledge about computers
- Strong Memory
Course Specialisations
M.Com covers a wide area for study and research and has many specialisations to offer besides M.Com (General) and M.Com (Honours) such as
| M.Com (Taxation) | M.Com (Economics) |
| M.Com (Mathematics) | M.Com (Accounting) |
| M.Com (Accounting & Finance) | M.Com (Statistics) |
| M.Com (Banking) | M.Com (Finance) |
| M.Com (Banking and Finance) | M.Com (Finance & Control) |
| M.Com (Marketing) | M.Com (E-Commerce) |
| M.Com (Business Management) | M.Com (Computer Application) |
Specialisation in Finance
- Financial Institutions and Markets: Deals with an interest rate, financial markets, banking, financial services, and financial inclusion.
- Security Analysis and Portfolio Management deal with an analysis of fixed income securities, equity analysis, portfolio analysis, management, and financial derivatives.
- International Financial System focuses on the international monetary system, exchange rate determination and forecasting, international financial market, international banking, and financial crises.
Specialisation in Accounting
- This studies accounting principles and other finance-related subjects.
- Taxation: This deals with taxation problems, tax-related literature, tax reviews, and others.
- Computer Application: This software is a programme or group of programmes designed for end-users. The application includes a word processor, a spreadsheet, an accounting application, and a web browser
Scope of M.Com
Students who complete the M.Com degree have numerous career options worldwide. They can opt for various public, private and government jobs. Chartered Accountants is one of the most popular job options for M.Com graduates. Students can also opt to become Finance Executives, Bank Managers, Teachers, Trade Managers, Wealth Managers, and Shares Brokers.
The private sector, as well as the government sector, offers jobs to people who have completed the M.Com course. The public sector offers higher pay than the private sector. The salary varies from sector to industry depending upon the recruiters' skills, qualifications, experience, and other specific demands.
M.Com in Online Mode
- Master of Commerce offered in Distance Education mode equips students with specialised and dynamic banking and financial skills in the finance and banking industry.
- Online degree in M.Com also aids them in closely exploring the flow of capital, taxes and revenues by analysing the relationship between resources, market and consumer.
- Distance M.com is also beneficial for the aspirants who somehow left their studies in between, and after a few years again like to pursue higher education can easily opt for distance M.com.
- It provides the flexibility of doing a job and higher studies simultaneously as there are no full-time classes. One can take classes anytime they want.
- Distance M.com is the best for aspirants preparing for chartered accountant (CA), Company Secretary(CS) or ICWA, as they can distance M.com side by side without getting disturbed. It also helps with the preparation and subject matter.
- Getting a Master’s degree will remove that stopper and gear up a career at a high. As the syllabus of online M.com is similar to regular M.com.
- The institutions will help in placement. As M.com is a master’s degree, it gives a specialisation in the particular role of the subject.
- We can upgrade the learner's current job or can apply for higher posts in other companies. Job opportunities include banking professionals, Accounting, Consumer durable industry, telecom industry, Insurance, Automobile media, and retail industry.
Hence, by keeping learning time more compressed, the degree focuses on teaching the essentials and again places the responsibility of going more in-depth on the student.
To know more about the online M.Com career scopes and admission process at Dr MGR and Manipal Academy of Higher Education, connect us at www.mynextexam.com.
By Srishti Prashar
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