What is an M.Com program?

The M.Com (Master of Commerce) is a professional postgraduate degree program designed for students interested in building a successful professional career in the commerce industry.

The duration of the program is 2 years and it is globally recognized as it offers a keen and in-depth understanding of various aspects and subjects of commerce including accounts, finance, marketing, etc.

The curriculum of the program is designed specially to assist students in developing managerial, entrepreneurial, and leadership qualities with industry-relevant skills.

The Online M.Com program is offered in various specializations such as Finance, Marketing, Statistics, Business management, etc.

Apart from a traditional M.Com program students can also enroll themselves in a M.Com Distance Education program that is offered through an open and distance learning mode.

A distance M.Com program is similar to a regular M.Com program in every aspect, except the learning methodology.

The M.Com Distance Education program does not offer any classes, students are provided with their study material and are on their own to prepare for the exams. It is an ideal program for students with a keen interest in the core commerce industry.

A Beginner’s Guide to M.Com in 2024

Before enrolling in an M.Com program students are required to figure out their objective for it, as the majority of students pursue an M.Com program for career growth, skill upliftment, and to add professional courses in their profile for career advancement.

Students who have determined to enroll in an M.Com program must know its eligibility criteria, which are mentioned below:

• The applicant must have completed a bachelor's degree in any stream from a valid and recognized university.
• A minimum of 50% aggregate marks must be scoffed in the graduation by the candidate.
• Students belonging to the reserved category are entitled to a 5% relaxation on the minimum marks criteria.

Important notes:

• A few universities offer direct admissions whereas some universities require an admission test or entrance exam, which have to be qualified to get admission in the university.
• Students are advised to go through the official website of their chosen university to get the exact admission requirements of their preferred program and specialization.

It is a 2-year postgraduate degree program that follows a semester pattern and the M.Com general program consists of subjects like Advanced Management Accounting, Statistical Techniques, International Business Environment, Advanced Financial Accounting, Indian Financial System, Human Resource Management, etc.

Post completion of an M.Com program, a candidate is entitled to a plethora of job opportunities with decent pay however, skilled and compatible individuals are offered better packages as well.

The average salary of an M.Com graduate ranges from INR 4.98 - 5 LPA. The major offered job profiles to an M.Com graduate include HR Manager, HR Recruiter, Marketing Operations Specialist, Public Relations Manager, Stockbroker, Auditor, Accountant, etc.

The fee structure of an M.Com program is quite affordable and budget-friendly as compared to other postgraduate degree programs.

Students can also seek financial assistance like scholarships, loans, grants, or easy EMI facilities.

What assistance does College Vidya offer?

College Vidya is an AI-powered student portal where students can seek assistance from world-class highly qualified and experienced counselors to opt for the right online university for them. College Vidya has 100+ government-approved universities and allows students to access their detailed information including their recognition, approvals, placement support, etc.

Students can also compare their preferred universities in every aspect and those who are still confused about opting for the right program and specialization for them can book their counseling session and the counselors will give their unbiased opinions depending upon the student's career objectives and goals.

To offer an easy and smooth academic life, College Vidya offers various post-admission services as well to guide students throughout their academic journey and assist students in building a successful career ahead. All the universities listed on College Vidya are recognized by the University Grants Commission (UGC) and completely valid.

Conclusion

An M.Com program is a better choice to build a stable career with a lucrative salary and working professionals who are interested in pursuing a postgraduate degree can enroll in an M.Com distance education program and study at their own pace without quitting their jobs or hampering their work schedule.

There are various career prospects post-completion of an M.Com program and leading MNCs and business corporations offer decent job roles to an M.Com graduate.

A student can easily kickstart their career in various domains after completing their M.Com degree and they can also apply for a government or private sector job.