After graduating from one of the best B.Com colleges in Bangalore or any other city, your next step will either be looking for a job or pursuing higher studies. If your option is the latter, your natural follow-up course should Master of Commerce or M.Com.
At this point, we are sure you have an array of questions in your mind. To answer them sufficiently, we have presented the what and why of M.com in detail. Here’s everything you need to know about this course.
1. What is a Master of Commerce (M.Com)?
Master of Commerce or M.Com is a two-year postgraduate master’s program where you will learn subjects related to commerce, accounting, management, and economics. While the course focuses on thesis-based teaching, you will also receive practical exposure through research-based assignments. The course also prepares you for a career in finance and banking.
To be eligible for this course, you must secure a minimum of 50% in your bachelor’s degree in commerce. The admission to this course can either be based on merit or through entrance exams conducted by different universities.
2. Which subjects will you learn in this course?
You will numerous subjects in this course. Let’s look at a few of them -
● Organization Theory and Behavior - This subject aims to develop your theoretical understanding of organizational behavior and organizational structure. The subject will also brief you about the competitiveness amongst firms while maintaining an ethical spirit.
● Statistical Analysis - This subject will acquaint you with the important statistical techniques needs for efficient managerial decision-making. You will also become familiar with business applications and their impact on economic situations.
● Economic Analysis - In this subject, you will learn concepts related to microeconomic theory, and their use in business decision-making. Moreover, you will learn how to solve business problems in any economic environment.
● Financial Management and Policy - This subject familiarises you with the analytical techniques and methods of financial management applied in business firms. Moreover, you gain theoretical knowledge of techniques and methods used for making financial decisions.
● Managerial Accounting - By learning managerial accounting, you will acquire a sound knowledge of concepts, methods, and techniques of management accounting. The subject will make you competent in the know-how of managerial control and decision-making.
3. What are the career prospects?
After graduation in M.Com, you can land one of the following job profiles -
● Senior Accountant
● Finance Manager
● Finance Executive
● Financial Analyst
● Assistant Manager
● Accounts Executive
● Bank Manager
● Financial Consultant
● Business Analyst
● Securities Analyst
Your average starting salary will range between INR 5 lacs to INR 7 lacs. However, you will see a substantial increase in your salary after accumulating more experience.
We hope the information mentioned above helps you make an informed decision. If you decide to pursue M.Com, make sure you join one of the best M.Com colleges in Bangalore or any other city. All the best!
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