M.Com Course Details: Eligibility, Syllabus, Fees, and More

An M.Com degree is a postgraduate program designed for students seeking in-depth knowledge in areas such as finance, economics, accounting, business management, and taxation. These programs build on the foundational concepts that you have learned in the B.Com program or any other similar degree. They equip you with the latest managerial and analytical skills you need in both academic and corporate careers. 

The M.Com degree opens doors to lucrative roles in various domains, including banking, financial analysis, auditing, teaching, and taxation. This way, you can secure jobs like manager of taxation, where you earn an average annual salary of INR 23.5 lakhs. They also offer a well-balanced blend of practical experience and theory, which is why they are the preferred option for commerce graduates looking to advance professionally. This blog takes a closer look at the MCom degree for course aspirants. 

What is MCom?

We have already given you an idea of what an M.Com is. These postgraduate degrees emphasize advanced studies in areas such as the following: 

• Accounting
• Economics
• Taxation
• Finance 
• Management 

The M.Com course lasts 2 years and aims to deepen your knowledge in fields related to commerce. These programs also get you ready for careers in sectors such as finance, corporate, and banking. 

They also offer specialization options, along with flexible learning models such as online courses and distance learning. The most prominent options of specialization in these courses may be enumerated as follows:

MCom Specializations

• Accounting & Finance 
• Human Resource Management 
• Taxation 
• Marketing
• International Business

If you are familiar with an M.Com, you would also have some idea of the various delivery formats these programs are available nowadays, such as traditional on-campus, online, and distance learning. The last two options are flexible, making it easier for working professionals to pursue these courses. 

Apart from the career options we have mentioned so far, these degrees also serve as the ideal launch pad for further higher education. This includes programs such as MBA and PhD.

Also Read: 14 Best Career Options after MCom

MCom Eligibility Criteria   

No matter what type of M.Com you wish to study, the eligibility criteria are the same. You need to have a B.Com or an equivalent degree as the key prerequisite. You can also study these programs if you are from any of the following related fields:

• Economics Honors 
• BBA
• BBM
• BFIA 
• BBE 

In terms of the minimum aggregate score or percentage, you need between 40% and 50% in your undergraduate degree in almost all types of M.Com degree programs. If you belong to a reserved category, you may be eligible for a maximum relaxation of 5% in these cases. 

Please note that many state-level education boards and universities in India conduct their own entrance exams for admissions to these courses. One of the most prominent names in this regard is the CUET PG exam, a national-level entrance test.

Some examples of state-level entrance tests for these programs include the West Bengal PGET and the Maharashtra CET. 

In some M.Com programs, depending on your preferred specialization, you may have to satisfy some extra criteria. For example, in the case of accounting or a track focused on accounting, you might need previous coursework in accounting. 

One of the best things to do here is to check with the specific institution where you wish to take the course.

Read More: Top 20 MCom Project Topics for Final Year 2025

Admission Process for an MCom Program  

You already have some idea of the various details of these programs, such as the duration of the M.Com course. Now, let us gather some knowledge on other aspects of these courses, such as the admission process.

• First, you must ensure you meet the program’s educational requirements. Typically, this requires a bachelor’s degree in commerce or a related field from a recognized educational institution. 
• After that, you must apply to the program. These days, most students visit the institution’s official website and fill out an application form. 
• Next, you need to upload the documents that the institution is asking for admission. This typically includes documents such as identity proofs and academic transcripts.  
• Then, you may have to take an entrance exam to gain admission to the program.
• If the institution does not administer entrance exams, it will focus on merit to select students. In these programs, in most cases, they focus on your undergraduate results. 
• Once the institution shortlists you, you need to attend a counseling session.
• When the institute confirms your admission, you need to pay the admission fee. 

An Interesting Read: Why an online MCom is crucial in today’s business environment

M.Com Course Syllabus

Accounting is one of the core subjects in the M.Com course, encompassing advanced financial accounting, management accounting, cost accounting, and corporate accounting. 

The other fundamental subjects covered in M.Com programs may be enumerated as follows:

• Economics 
• Management
• Business Applications 
• Finance

In the second year of these programs, you can also choose specializations and elective subjects to enhance your expertise further. The most common among them are accounting & finance, HR, and marketing.

These programs also offer you valuable skills, including problem-solving and analytical skills, technical expertise, research aptitude, and career readiness. 

The following table offers you a good idea of the typical M.Com course subjects:

Semester	Subjects
Semester 1	Management Concepts and Organizational Behavior Managerial Economics Financial Management Cost Control and Analysis Business and Economic Laws Financial Accounting and Reporting
Semester 2	Research Methodology and Statistical Analysis Management Accounting Marketing Management Business Environment Project Planning, Appraisal, and Control Management of Financial Institutions, Market, and Service
Semester 3	Strategic Management E-Commerce International Business Corporate Tax Laws and Planning Security Analysis and Portfolio Management Management Information System
Semester 4	Advanced Corporate Accounting Audit and Insurance Risk Management Business Ethics and Corporate Governance Indirect Taxes like GST  Project Report

Also check: How to get a job in e-commerce after MCom?

MCom Course Fees

The M.Com course fees vary from one institution to another. For example, in MUJ, the course fee is INR 1.08 lakh for online MCom. This means that in each semester you have to pay INR 27,000 for the same. 

Usually, government colleges charge lower fees for these programs compared to private colleges. The variation in online courses in this regard is also significant. They can range from a few thousand rupees to a couple of lakhs. 

Apart from the type of institution where you study the program, factors such as mode of study and location also influence your M.Com course fees. For example, the fee structures are different for full-time, online, and part-time programs. Fees also vary significantly by institution location. 

You Might Also Like: 12 best accounting software and tools for BCom/MCom students.

Career Scope after MCom

Graduating from an M.Com program lets you work in diverse careers in domains like finance, banking, and accounting, with the most prominent roles being the following:

• Financial Analyst
• Accountant 
• Tax Consultant 
• Investment Banker 
• Banking Professional 

All these professions vary in terms of the work they do. For example, financial analysts evaluate investments, analyze financial trends, prepare budgets, and build forecasting models. 

Accountants and auditors manage financial records, ensure compliance, oversee budgets, and prepare financial reports for the organizations they work with or for. 

If you want to take up academic paths, you can pursue further research or become a lecturer. 

Apart from these, you can also pursue professional courses, such as CA, CS, or CFA, to further specialize and take advantage of additional opportunities. 

An essential part of the M.Com course details is the industries where you can work after graduating from these programs:

• Business Consulting 
• E-Commerce 
• Manufacturing 
• Sports 
• Supply Chain and Logistics 
• Accounting and Finance 
• Market Research and Analysis
• Banking and Financial Services 
• Entrepreneurship 

The following table shows you some crucial M.Com course details – the salaries that you can earn in the different job roles you can land after graduating with the degree:

Job Role	Annual Average Salary
Manager Taxation	INR 23.5L
Risk and Compliance Manager	INR 18.4L
Investment Banker	INR 13L
Corporate Finance	INR 10L
Cost Manager	INR 9.21L
Risk Manager	INR 8.4L
Asset Manager	INR 7.6L
Financial Analyst	INR 6.3L
Auditor	INR 6L
Tax Consultant	INR 6L
Banking Professional	INR 5.1L
Accountant	INR 4L

Source: Ambition Box

Also Read: Top jobs for MCom freshers

Conclusion

Pursuing an M.Com can be a transformative step for you as a commerce graduate looking for rewarding career prospects and advanced knowledge. Not only do these programs make you a strong expert in finance, business management, and accounting, but they also improve your leadership and analytical skills. 

One of the best decisions you can make in this regard is to study the Master of Commerce program at Manipal University Jaipur. The program, available on the Online Manipal platform, offers several benefits, including a complete online experience, a detailed curriculum, and high accessibility and flexibility. 

The program is taught by expert faculty and is accredited by the UGC. It also offers you networking opportunities, career assistance, and low costs.  

FAQs

1. What is the complete form of M.Com?

The complete form of M.Com is Master of Commerce. These programs focus on areas such as economics, accounting, and account management. As the name would suggest, this is a postgraduate degree.

2. What is the duration of the M.Com course?

The duration of an M.Com program is typically two years, divided into four semesters. However, these durations also tend to vary. 

3. What are the eligibility criteria for M.Com admission?

To be deemed eligible for an M.Com program, you must have a B.Com degree or have completed your graduation from a recognized university in a related program.

4. What subjects are covered in the M.Com syllabus?

An M.Com syllabus typically covers the following subjects:

• Accounting 
• Economics 
• Finance
• Marketing
• Strategic Management 
• Human Resource Management
• Business Environment 
• E-Commerce 
• Taxation
• Financial Management 
• International Business 

5. Is M.Com better than MBA for commerce students?

None of these programs is inherently better than the other. The final choice in this case depends on your career goals as a commerce student.

6. What are the top career options after completing an M.Com?

The top career options after completing an M.Com may be enumerated as follows:

• Accountant 
• Auditor
• Financial Analyst
• Investment Banker 
• Tax Consultant 
• Lecturer or Professor 

Having this degree helps you find work across a diverse array of sectors, including banking, finance, insurance, and government.