What Careers Are Open for You With a Business Management Diploma?
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All About M.Com. Course and Its Scope
Are you feeling stuck up in your business and foraging for ways that can uplift you and your business? Or, are you planning to uplift your position to the managerial level? If yes, then it is time for you to upgrade your educational qualification with an MCom degree as the major facet of business is commerce.
As a top institution offering remarkable MCom degrees, Mansarovar Global University feels it is our duty to help you know completely about the course. That’s why we provide this article on the MCom degree and its scope.
Master of Commerce Course - All you need to know
Do you know that around 67% of business professionals choose a Master of Commerce degree over an MBA? Do you know why?
It is a matter of fact that commerce is the foundation of the business while management and administration come after that. So, business professionals consider pursuing an MCom degree will be a boon.
Now, let us know more about the MCom course details.
What is MCom degree?
MCom is a postgraduate commerce-oriented course that can be pursued by the student after the undergraduate commerce course. This course will help to establish a career in any of the following fields; commerce, accounting, economics, and management.
This course is valued much in the business sector, as M.Com graduates will have a unique perspective on thinking and handling managerial positions.
Answering the question, “What is MCom degree?”, let us move on to further details.
What is the Course Duration and Module?
MCom degree duration is 2 years and the course is designed with vast subject knowledge that creates a strong business foundation.
What is the eligibility criteria?
The basic eligibility criteria to pursue an MCom degree at Mansarovar Global University is that candidates should have completed BCom or BCom Hons with a minimum of 50% aggregate in any recognized educational institution.
Admission to the MCom degree is offered on a merit basis as per the Government norms.
How is the Course Curriculum Designed?
The MCom course curriculum is designed with an in-depth conceptual understanding syllabus and subjects that are taught through on-field training.
Here is the syllabus for the MCom degree.
Compulsory Subjects | Elective Subjects |
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After exploring complete MCom details, let us move you to finding what MCon course offers you.
What Does an MCom Degree Hold for You in The Future?
The first and foremost fact to be enjoyed about pursuing an MCom degree is no business runs without commerce, so no ending to the requirement of commerce experts.
Every year, more than 4 million new business applications are submitted worldwide making it clear that the business world keeps expanding. As it expands, the demand for commerce graduates will rise too thus raising the MCom scope.
Source: Oberlo
It is clear that the expansion of the business arena is directly proportional to the expansion of MCom career options as well.
MCom Career Value:
Having an idea about the scope after MCom, here is the detailed answer to the question, “What to do after MCom degree?”.
MCom graduates are hired in almost all possible industries, as all industries are running businesses and performing commerce. On the other hand, MCom job opportunities are extended in both the public and private domains.
Here are some of the dominant recruiters of MCom graduates in the public and private domains.
Top public domain recruiters of MCom graduates | Top private domain recruiters of MCom graduates |
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After MCom job opportunities are notably wider in range and the popular job options among them are as follows.
MCom jobs | Average Salary in INR |
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Budget Analyst | 6.04 LPA |
Accountant | 2.49 LPA |
Management Consultant | 11.4 LPA |
Computer Programmer | 4.79 LPA |
Auditor | 4.85 LPA |
Cost Accountant | 5.16 LPA |
Business Consultant | 9.86 LPA |
Investment Banker | 9.1 LPA |
Marketing Manager | 7.17 LPA |
Operations Manager | 7.8 LPA |
Public Relations Manager | 7 LPA |
Management Associate | 4.5 LPA |
Marketing Operations Specialist | 8 LPA |
Business Manager | 5.5 LPA |
Business Analyst | 5 LPA |
Business Manager | 8 LPA |
Operations Manager | 7.6 LPA |
Business - Banking Relationship Manager | 4 LPA |
As you see, after MCom courses the career value of the individual hikes up with remarkable pay scales in top companies.
On the other hand, careers after MCom needn’t be just working under a company. It can also be establishing your own company.
Also Read : Career options to consider after a degree in Finance and Accounting
Further Education after MCom:
There is no limit to learning, so individuals can further study after MCom. After MCom best course will be Master of Business Administration.
Though an MBA is again a postgraduate course, it extends an additional upgraded knowledge in business management and administration which together with commerce knowledge is a boon for the best business progress.
Other higher education options after an MCom degree are LLB, Chartered Accountancy, etc.
Overall, an MCom course can guide in both ways as upgrading in profession and establishing a business.
Also, consider pursuing your MCom degree at a renowned college like ours, Mansarovar Global University for a much better learning experience.
Conclusion
The business world is pacing forward and it is important for us to keep up the pace for a successful career. MCom degree will be a helping hand to stay strong and stand tall in the business world as it prepares you for the best in the business arena.
Frequently Asked Questions
Which is better MCom or MBA?
MCom is considered better than MBA for a better understanding of the commercial agenda of the business world as commerce forms the base of the business.
Can I do MCom after BCom General?
Yes, one can do MCom after BCom General as it BCom General is the undergraduate version of commerce education.
Can BBA student do MCom?
Yes, BBA students can do MCom as most of the colleges permit it. Students who have completed BFSI and other commerce related courses can also study MCom.
Can I do BCom and MCom together?
Both BCom and MCom cannot be done simultaneously, yet can be done as an integrated course that is offered in certain top colleges.
Is after MCom MBA possible?
After MCom MBA is possible as MBA requires only an undergraduate degree which is already completed before MCom.