Advantages or Benefits of Master of Commerce Degree

• M.Com degree serves as a foundation for further advanced studies and research in this area such as Ph.D. and M.Phil. Degree in Commerce
• M.Com graduates can choose for further advanced studies and career in different specializations of Commerce such as in Statistics, Taxation, Accounting & Finance, Banking, Insurance etc.
• M.Com graduates can choose research job in different fields of India’s national security problems including the international relations, geostrategic, geopolitical, socio-economic, tactical aspects of war, etc.
• Commerce enables a Master’s graduates for a wide range of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant.
• After Master’s degree in Commerce, a student can apply for the UGC-NET or JRF exam. After these exams, they can go for teaching or research area.

Eligibility Criteria for M.Com
The qualification needed for applying M.Com includes a graduation in Commerce. Some institutes and universities are accepting graduates with Honors in Economics or Business/Management Studies for Post graduation in Commerce. Recognized institutes and universities are demanding 60 % of marks in undergraduate level for the admission process. Certain institutes and universities carried out entrance examination also. Admission is based on the marks acquired in the last examinations of graduation and entrance test.
Admission Procedure for M.Com
The candidates can apply for the M.Com program as and when the announcement comes out. The application forms are available in the office of particular university or institute. Forms are also available in the website of the institutions. Interested aspirants can download it from the website. Another option is to collect the application form by post. The admission into the M.Com program is done through entrance test. The students need to clear the test for getting admission.
M.Com Entrance exams in India

• Acharya Nagarjuna University M.Com Entrance Exam
• Alagappa University M.Com Entrance Exam
• Aligarh Muslim University M.Com Entrance Exam
• Andhra University M.Com Entrance Exam
• Annamalai University M.Com Entrance Exam
• Assam University M.Com Entrance Exam
• Avinashilingam University For Women M.Com Entrance Exam
• Banaras Hindu University M.Com Entrance Exam
• Bangalore University M.Com Entrance Exam
• Barkatullah Vishwavidhyalaya University M.Com Entrance Exam
• Berhampur University M.Com Entrance Exam
• Bharathiar University M.Com Entrance Exam
• Bharathidasan University M.Com Entrance Exam
• Calicut University M.Com Entrance Exam
• Central University Of Kerala M.Com Entrance Exam
• Chaudhary Charan Singh University M.Com Entrance Exam
• Christ University M.Com Entrance Exam
• Dibrugarh University M.Com Entrance Exam
• Dr B R Ambedkar Open University M.Com Entrance Exam
• Dr Ram Manohar Lohiya University M.Com Entrance Exam
• Gauhati University M.Com Entrance Exam
• Goa University M.Com Entrance Exam
• Guru Gobind Singh Indraprastha University M.Com Entrance Exam
• Himachal Pradesh University M.Com Entrance Exam
• Indian Institute Of Management M.Com Entrance Exam
• Indira Gandhi National Open University M.Com Entrance Exam
• Jamia Milia Islamia M.Com Entrance Exam
• Jawaharlal Nehru University M.Com Entrance Exam
• Jiwaji University M.Com Entrance Exam
• Kakatiya University M.Com Entrance Exam
• Kannur University M.Com Entrance Exam
• Karnatak University M.Com Entrance Exam
• Karnataka State Open University M.Com Entrance Exam
• Kurukshetra University M.Com Entrance Exam
• Madhya Pradesh Bhoj University M.Com Entrance Exam
• Madras University M.Com Entrance Exam
• Madurai Kamaraj University M.Com Entrance Exam
• Maharaja Sayajirao University  M.Com Entrance Exam
• Maharishi Markandeshwar University M.Com Entrance Exam
• Mahatma Gandhi University M.Com Entrance Exam
• Manonmaniam Sundaranar University M.Com Entrance Exam
• Nalanda Open University M.Com Entrance Exam
• Nirma University, Ahmedabad M.Com Entrance Exam
• Osmania University M.Com Entrance Exam
• Periyar University M.Com Entrance Exam
• Punjab University M.Com Entrance Exam
• Rajiv Gandhi University M.Com Entrance Exam
• Sardar Patel University M.Com Entrance Exam
• Shivaji University M.Com Entrance Exam
• Sri Krishnadevaraya University M.Com Entrance Exam
• Tamil Nadu Open University M.Com Entrance Exam
• University Of Calcutta M.Com Entrance Exam
• University Of Delhi M.Com Entrance Exam
• University Of Jammu M.Com Entrance Exam
• University Of Lucknow M.Com Entrance Exam
• University Of Mumbai M.Com Entrance Exam
• University Of Mysore M.Com Entrance Exam
• University Of Patna M.Com Entrance Exam
• University Of Pune M.Com Entrance Exam
• University Of Rajasthan M.Com Entrance Exam
• Vels University M.Com Entrance Exam
• Vidyasagar University M.Com Entrance Exam
• Yashwant Rao Chavan Maharashtra Open University M.Com Entrance Exam

How to fill in M.Com Entrance Application form
The Application form and booklet can be acquired from the office of colleges. Some Application forms are also available in the official websites of institutes or the concerned board. Either candidates can apply online or offline. Aspirants must fill the application form cautiously and should offer right information about age, gender, education qualification, contact information etc. It would be good to make a photocopy of the form. The aspirants can fill the correct information in that first, and then fill the real copy to reduce the errors. Paste the new passport size photo in the application form.
M.Com Entrance Exam Pattern
A majority of entrance tests have two sections. Part A includes subjects like Cost and Management Accounting, Business Communication, General English and Business Laws, report writing. Part B covers syllabuses such as Financial Accounting, Quantitative Techniques, Business Economics and Industrial Organization and Management. For more details, candidates can go through the B.Com syllabus.
Coaching Centers for M.Com Entrance Exam
Few of the coaching centers, which train students, are

• Manhattan Review Management And Career Training
• MEP Academy
• Seeman Coaching Centre

Reference Books for M.Com Entrance Exam

• Advanced Accounting by S.N. Mageswari
• Business Mathematics by Ranganath, Sampangiram, Rajaram
• Company Law   by Avtar Singh
• Financial Accounting by R.L. Gupta
• Law of Contract & Specific Relief   by Avtar Singh
• Principles of Economics by Case Fair

Top M.Com Colleges in India

• Amity University, Noida
• Banaras Hindu University, Uttar Pradesh
• Jawaharlal Nehru University (JNU), New Delhi
• University of Calcutta, Calcutta
• University of Hyderabad, Hyderabad
• University of Mumbai, Mumbai
• University of Mysore, Mysore
• University of Pune, Pune
• University of Rajasthan, Jaipur
• Visva Bharati University, West Bengal

Other Reputed Colleges/ Universities offering M.Com program

• Allahabad University, Allahabad , Uttar Pradesh
• Andhra University, Vishakhapatnam, Andhra Pradesh
• Annamalai University, Chennai, Tamil Nadu
• Assam University
• Avinashilingam University for Women
• Banaras Hindu University
• Bangalore University
• Bhavnagar University
• Bundelkhand University
• Calicut University
• Chaudhary Devi Lal University
• Christ University
• Dantuluri Narayana Raju College
• Deendayal Upadhyaya Gorakhpur University
• Dr. Annasaheb G.D. Bendale Mahila Mahavidyalaya
• Dr. Bhim Rao Ambedkar University / Agra University
• Dravidian University
• Gauhati University
• Goa University
• Government Arts College
• Gujarat University
• Gulbarga University
• Guru Ghasidas Vishwavidyalaya
• Guru Nanak Dev University, Punjab
• Hemchandracharya North Gujarat University
• Himachal Pradesh University
• IASE University
• ICFAI Business School
• Indira Gandhi National Open University, Delhi
• Jaiprakash University
• Jamia Millia Islamia University, New Delhi
• Kachchh University
• Kakatiya University
• Kannur University
• Karnataka State Open University
• Kerala University
• Kurukshetra University, Haryana
• Maharshi Dayanand University
• Mangalore University
• Manipur University, Manipur
• MG University
• Mysore University
• Nalanda Open University
• North Eastern Hill University, Shillong, Meghalaya
• Panjab University, Chandigarh
• Ponnaiyah Ramajayam Institute of Science & Technology / P.R.I.S.T. University
• Rajiv Gandhi University
• S.S. Dempo College of Commerce and Economics
• Shree Damodar College of Commerce and Economics
• Sri Krishnadevaraya University
• Thassim Beevi Abdul Kader College for Women
• University of Burdwan
• University of Calcutta
• University of Delhi
• University of Madras
• University of Mumbai
• University of Pune
• Vardhaman Mahaveer Open University
• Veer Kunwar Singh University
• Vidyasagar University
• Yogi Vemana University

M.Com course curriculum
Semester I

• Business Environment
• Corporate Accounting
• Managerial Economics
• Organization Behavior
• Statistics for Decision Making

Semester II

• Advanced Financial Management
• Corporate Reporting Practices
• Information Technology and Business
• Insurance
• Management Thought, Process and Practice
• Marketing Management and Policy
• NGO Management
• Open (Three courses to be offered)
• Service Management
• Tax Planning and Management

Semester III

• Business Survey and Research
• Cost and Management Accounting
• Entrepreneurship
• Financial Markets and Instruments
• Financial Risk Management
• Industrial relation
• Management of Small Enterprise
• Marketing Research
• Open (Three courses to be offered)
• Organizational Development and Change

Semester IV

• Human Resource Management
• International Business
• Project Planning & Control
• Security Analysis & Portfolio Management
• Strategic Management

M.Com Elective Papers

• Banking & Finance
• Commercial Bank Management
• Entrepreneurial Management
• Financial Bank Management
• Financial Markets
• Human Resource Management
• International Finance
• Investment Management
• Research Methodology in Commerce

M.Com Specializations
Optional Group: Accounting and Finance

• Accounting for Managerial Decision
• Advanced Financial Accounting
• Corporate Financial Accounting
• Financial Institutions and Markets
• Project Planning and Control
• Security Analysis and Portfolio Management

Optional Group: Marketing

• Advertising and Sales Management
• Consumer Behavior and Marketing Research

Optional Group: International Marketing

• Foreign Trade Policy, Procedures and Documentation
• International Business Environment
• International Marketing

Optional Group: Statistics

• Quantitative Techniques and Research Methodology

M.Com Course Evaluation
For assessing the candidates, various universities have various methods. The most general technique followed is the semester wise test, assignments, projects, presentation, attendance of the candidates etc. All of these have minimum cut off that the aspirants have to keep in order to clear the program. In the semester test, every paper will be of 3-hour duration and will carry 100 marks.
M.Com Text Books

• Accounting & Auditing Standards by Rawat, D S
• Accounting Principles  by Anthony, R N & Reece, J S
• Advanced Accountancy by Maheshwari & Maheshwari
• Advanced Accounting by Jain & Narang
• Corporate Accounting by Hanif & Mukherjee
• Corporate Accounting by Sehgal, A & Sehgal, D
• Financial Accounting – A Managerial Perspective  by Narayanswamy, R
• Fundamentals of Advanced Accounts,Vol–III by Xavier, G Francis
• Group Accounts -  Theory and Practice by Barker, P & O’hOgartaigh, C
• International Accounting by Mohapatra, A K Das
• Law & Practice relating to Company Accounting Standards  by Srinivasan, Anand G
• Practice in Accountancy  by Basu & Das

What to do after M.Com?
After the completion of the M.Com program, the candidates can go for the professional programs such as MBA. There are short term programs in Computer that will help them to obtain good job in an organization as accountant. Jobs are available in the banking and academic sectors also. For a career in academic field, aspirants can attend the NET exam. Best options seems professional programs like CA or CFA, which can help you get jobs in industry and also have your own taxation and auditing firms.
Job and Career options for M.Com
Besides being qualified for further advanced studies and research in the area of Statistics, candidates can subsequently taking up the job of teacher / lecturer in universities and colleges after passing exams like UGC-NET/JRF, a candidate gaining M.Com degree can learn for Chartered Accountancy and Company Secretary-ship also.
Job Types:

• Accountant
• Accounts Assistant
• Assistant Accountant
• Business Analyst
• Cashier/Teller
• Corporate Analyst
• Executive Assistant
• Finance Manager
• Financial Analysts
• Investment Banker
• Investments Analyst
• Market Analysts
• Marketing Manager
• Money Manager
• Operations Manager
• Personal Finance Consultant
• Risk Analyst
• Securities Analyst
• Senior Accountant

Employment Areas:

• Customs Department
• Economic Consulting Jobs
• Finance, Commerce and the Banking Sectors
• Import / Export Companies
• Indian Civil Services
• Indian Economic Services
• Indian Statistical Services
• Insurance Industry
• Research Associates with Economic Consulting Firms
• Various Corporate Sectors in their Marketing and Accounts Sections

Remuneration after M.Com
M. Com Degree focusing mainly on commerce based area. There are some other areas such as management and economics based subjects. After its competition, talented aspirants will be paid high salary. In banks if one is able to get in then the first salary as a PO will be above 25000/- with experience in the related area candidates will be able to obtain much higher pay packages in private companies. Those who start as accountants can get around 6000 to 10,000 and then it can go up to 1 lakh especially after higher qualifications like CA or CFA.