About Master of Commerce (M.Com)

The Master of Commerce (M.Com) is a 2-year postgraduate or master’s degree course offered in commerce colleges across India, designed to enhance one’s skill and knowledge on commerce, finance, management, accounting and economics and other related areas. Being a PG degree, M.Com in India is designed to ensure that the students receive in-depth knowledge and understanding of the various aspects of commerce and banking.

Across India, M.Com has been one of the popular options for B.Com and B.Com (Hons) graduates in India as it offers an enhanced knowledge of business and management, which is essential for the smooth functioning of businesses and organisations. Through its extensive curriculum in the field of commerce, banking, finance, marketing, management, etc, the course is able to pave a path for future researchers, teachers and professors.

M.Com colleges in India offer a unique curriculum which allows the students to choose a blend of core and elective courses, thus ensuring that each graduate is uniquely trained in different areas, making them more desirable to recruiters. While the ore subjects will extensively train them in areas such as business, accounting, and specialisation-specific training. Aspirants will be allowed to choose a specialisation along with their M.Com degree, which would make them specialists in the field of Commerce.

M.Com Course Highlights

Check out the course highlights for M.Com in India.

Level Postgraduate
Duration 2 Years
Exam Type Semester
Minimum Academic Requirement GRADUATION
Employment Areas Government and Private Sectors, National Banks, Railways, Income Tax, Private Banks

Master of Commerce (M.Com) Eligibility Criteria

  • Candidates with a valid B.Com or B.Com (Hons), B.Sc., B.B.A. degreeobtained from a recognized university or Institute are eligible.


M.Com Admission Process

  • Most M.Com colleges in India offer admissions to aspirants based on their merit for the programme.
  • Candidates will be shortlisted for the course on the basis of them satisfying the M.Com eligibility criteria as specified by the college in concern.



Master of Commerce (M.Com) Syllabus

First Year:

I – Semester

Business Environment Advanced Accounting Management Concepts Cost Analysis and Control


II – Semester

Advanced Statistical Analysis Functional Management Corporate Legal Framework OrganizationBehaviour


Second Year:

III – Semester

Tax Planning and Management Entrepreneurship Skill Development Managerial Economics Accounting for Managerial Decisions


IV – Semester (Taxation)

Indirect Taxation Direct Tax in India Sales and Service Tax Business Taxation Employment Oriented Project Work


IV – Semester (Marketing Management)

Advertisement and Sales Management Consumer Behaviour Rural and Agricultural Marketing International Marketing Employment Oriented Project Work


IV – Semester (Accounting)

Cost Administration and Control Accounting Theory Corporate Accounting Institutional Accounting Employment Oriented Project Work


Dr. Bhavik Vora


The Master of Commerce usually comprises of 2 years of regular study with a regular attendance (not less than 75%). The program is generally focused on different disciplines like accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management. There are many more career options present for you in the field of finance as well. Here is the list of finance course that you can pursue for a better career.

This course is especially meant for college students who are presently at the entry level and want to expand their knowledge and career. In M Com, students are given a choice to major in any of the given specializations. Students who want to go for further studies or courses like in research or doctorate level can get a bonus with this course. Many Companies and organizations in today’s life are looking for specialized and expert marketers to get higher profit in a smarter way. 

Other sectors where a M Com graduate can seek jobs include:

  • Auditing
  • Banking and finance
  • Electronic marketing
  • Funds management
  • Management consulting
  • Stock Broking

In addition to this, students of M Com can even apply for jobs within the Govt. sector. UPSC is a major recruiter of M Com students, providing a good post and package. 

Higher Studies Options after M Com

After completing M.Com, candidates can go for various courses. Some of the best available courses include: 

Doctorate Degree

The higher academic degree is awarded for research work of the candidate, demonstrating original contributions of “special excellence” in some branch of commerce.

The research academic degree is equal to a Doctor of Philosophy. Reportedly, at some universities, the degree-title honored will be a function of the candidate’s background: for example, in operations research.

The Doctorate of Philosophy can be done in many majors like Financial Studies, Commerce, Statistics etc.


International Finance Reporting Standards

International Financial Reporting Standards (IFRS) are a set of international accounting standardstransactionsfinancial statements and Financial Statements. IFRS are issued by the International Accounting Standards Board, and they specify exactly how accountants must maintain and report their accounts. IFRS were established in order to have a common accounting language, so business and accounts can be understood across borders.

International Financial Reporting Standards is for Finance professionals who need to acquire more a detailed understanding of IFRS. DipIFR is a fast and efficient solution that will develop the current knowledge of this field.

The Course aims at providing:     

  • Introduction of the concepts of IFRS
  • Dissemination of knowledge on IFRS;
  • Comparison of IFRS with existing Indian Accounting Standards;
  • Issues in relation to IFRS.
  • Conversion of Financial Statements prepared on the basis of Indian GAAP to IFRS based financial statements.

Certificate Course in Banking, Stock Market, Derivatives, Income Tax

M.com graduates are also eligible for all the certificate courses in Banking, Stock Market, Derivatives, Income Tax etc. This will also give them a specialized skill which will be of greater advantage as compared to other graduates.

There are various certificate courses available that will also match up to the studies done in M. Com:


Chartered Financial Analyst

Chartered Financial Analyst Program is offered internationally by the American based CFA Institute to candidate having knowledge about investment and finance. A candidate who successfully completes the program and requirement of the CFA Institute is awarded the ‘CFA Charter’.

It takes an average of 4 years for a candidate to complete and earn their CFA Charter. The program covers a broad range of topics which includes investment management, financial analysis, stocks, bonds and derivatives and other financial attributes.

There are certain minimum requirements which are required to be fulfilled:

Minimum Eligibility: The candidate should be in Final Year of graduation to pursue Level I CFA Exam

To get the charter: Four years of qualified, professional work experience, in addition to passing the level I CFA exam, Level II CFA exam and Level III CFA exam

Company Secretaries

A Company Secretary is a senior position professional in a private sector company and public sector organization.

A Company Secretary is responsible for the efficient running of the company’s administration in regard to the compliance with the legal and regulatory requirement and for ensuring the decisions made my board of directors are implemented.

There are three stages in the CS Course. They are

  • Foundation Program
  • Executive Program
  • Professional Program
  • Student has to go through 15 months of practical training.
  • ICSI Executive program can be pursued after foundation course.
  • Professional program can be pursued after successful completion of the Executive course.
  • After completion of professional course and 15 months training student is joined as Associate Member of the ICSI and called as Associate company secretary (ACS).

ICSI is the Institute of Company Secretaries in India which offers Company Secretary Course.

Master of Philosophy

  1. Phil (Master of Philosophy) is an advanced post graduate research degree. Master of Philosophy is thesis based only and is considered as the second master’s degree. Very few Universities offer M. Phil in India and it is a 2-year long program.


Designation one can get after doing M.Com

Auditor, Software Tester, CFO, Human Resource Manager, Accountants, Financial Plan Analysts, Fund Manager, Speculation Analysts, Educator/ Speaker, Contracted Management Accountant, Business Consultant, Stock Broker, Budgetary Analysts, Promoting Manager etc.


  1. Com presents a lot of career opportunities to the candidates. Banks and Financial organizations/companies are the major employers of these candidates. In India, Government organizations are the major employers of M.Com Graduates. Central Government companies offer numerous opportunities with basic pay at the entry level is INR 20,000/- to INR 30,000/- per month. Employees do get grade promotions while in the job and hence see the hike in the salary. In addition to this, working in a government organization comes with a lot of perks like gratuity funds, travel allowances and etc. To secure a government job, a candidate needs to pass a few tests conducted by the government such as UPSC, SSC, state PSC etc.

The private sector has always maintained a status of paying more than the Government sector. Same is the case here; a master degree holder in Private Sector Company gets paid around INR 30,000/- to 40,000/- per month. Candidates with experience and proficiency can easily earn up to 6 figure income.