MCom Admission: Application, Deadline, Cost, and Best College

MCom Admission: Application, Deadline, Cost, and Best College

MCom Admission 2023: Several universities in India are currently accepting registrations for M.Com admission in 2023. Master of Commerce is a two-year PG program. Students get a deeper understanding of business basics in this course, preparing them for careers in banking or finance. People with an M.Com degree usually have more employment options and income potential than those with a bachelor’s degree in commerce. The details regarding this PG program’s admittance are provided below.

Options for the M.Com program in terms of specialty and program structure. This program’s common concentrations include accounting, marketing, finance, and human resource management. The specialization option helps students gain expertise in their chosen business field and increases their chances of finding employment in a related profession.

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Admissions for the M.Com. program are handled in the following manner:

Application: To apply for an M.Com program, candidates must get an application form from the relevant university. It is essential to properly and truthfully fill out the application form, including all required information and supporting paperwork.

For admission to the M.Com program, entrance tests are administered by several colleges. Students who are interested must take the MCom admission tests and perform well.

Interviews: Candidates will be contacted for an interview following the announcement of the M.Com entrance exam results. These interviews are set up to gauge the students’ interest in business as well as their communication abilities.

Merit-Based Selection: When referring to M.Com admissions in India, the phrase “merit-based selections” describes the process of evaluating and admitting applicants based on their academic accomplishments and performance. In this approach, candidates are exclusively selected based on their merits, such as how well they performed on entrance examinations or necessary exams like undergraduate degrees.

Admission Highlights for MCom

Course NameMaster of Commerce
EligibilityB.Com or Graduation with minimum 50% marks with Economics /Statistics/Mathematics/Commerce/Accounts as a main subjects
Similar Options of StudyM.Phil. (Commerce), MBA, CA
Duration2 Years
Approved ByUGC / DEB
Fee StructureINR 11,000 to INR 45,000 
Admission ProcessOnline / Offline

Describe MCom.

A master’s degree in business is known as a master of commerce. The course material covers a wide range of topics, such as accounting and finance information as well as financial legislation and their effects. The goal of this course is to give students a general understanding of management and business principles. The handling of financial statements is one of the skills that M.Com students learn as they get ready for a career in business.

The subject covers dealing with and cooperating with governmental organizations. You have a lot of employment alternatives if you earn a Master of Commerce degree.

Employers are constantly on the lookout for a trustworthy accountant.

Entrepreneurship in International Business

Business Operations Management Accounting Corporate Law Industrial Business Operations Analysis

Why Apply for an M.Com Admission?

Some of the explanations for choosing the M.Com as a post-graduate course are as follows:

Students seeking a master’s in commerce have access to a variety of opportunities.

This course will give students who aspire to become chartered accountants a better understanding of how to pass the CA or CS exams.

The course offers specialization in a number of subjects, including accounting, banking, and finance, taxation, business management, economics, statistics, computer applications, and more.

Master in business involves computations, graphs, and numbers. Students must therefore have a passion for mathematics and strong analytical abilities.

Key Points for M.Com Admission

The following are the crucial considerations for master’s in commerce admission that students should keep in mind:

Admission: Students are accepted into the program based on their merits or the results of an admission exam.

Duration: The MCom course typically lasts two years to complete, while some distance learning institutions set a four-year completion deadline.

BCom or an equivalent undergraduate degree with a minimum of 50% from an accredited university is required for eligibility.

Entrance Exam: The CUET PG, JUET, BHU PET, KU PGCET, and XET are popular entrance exams in India for MCom programs.

Fee: The price of admission to an MCom program varies by university, however the typical price is between Rs 11,000 and Rs 45,000.

Admission to MCom 2023

At numerous universities in India, the application procedure for the MCom degree is now underway for the academic year 2023. Students who have earned a BCom degree may choose the MCom. The university’s MCom admission procedure may be based on UG test results or any other entering exam. CUET PG, BHU PET, PG CET, and other well-known entrance exams for the MCom program are only a few examples.

Since technology has advanced, practically all colleges now offer online MCom admission. In particular, entry to the MCom program is accomplished through either a merit-based or entrance exam, depending entirely on the university’s or college’s admissions policy. Other than this, the application procedure is still the initial stage of admission and must be correctly finished.

A student could receive an invitation to participate in additional rounds of selection based on their qualifications or entrance test results. The majority of colleges adhere to a conventional admissions procedure that includes counselling, document verification, and final confirmation.

Latest Updates for MCom Admission in 2023

The MCom degree admissions process has begun at Annamalai University, and the application deadline is June 30, 2023.

The application deadline is June 30, 2023, and IGNOU is now accepting applications for admission to the MCom program in 2023.

The SHUATS MCom Admission 2023 is now open. The deadline is June 30, 2023.

For the academic year 2023–2024, Bundelkhand University’s MCom admissions are now open. Before July 20, 2023, students may enroll for an MCom degree.

Admission to MCom at Subharti University

Students are invited to apply for MCom Admission 2023 at Subharti University. To do this, one must access the Subharti University web portal. Students must fulfil the requirements set forth for this course in order to be eligible for MCom admission. First of all, people who have a graduate degree in business from a reputable university are eligible for this course.

The university accepts SNET or merit-based scores for selection purposes. In addition, admission begins with the application stage, where one must complete the form’s essential information. Additionally, they must pay a registration cost of Rs. 1,500.

Admission to IGNOU MCom

All courses offered by IGNOU, including undergraduate, graduate, and online programs, are now accepting applications. One may register and submit the application by June 30, 2023, for MCom Admission 2023. IGNOU offers admission for the sessions twice a year, in January and July.

Regarding IGNOU MCom Admission 2023, admission will be determined only by merit scores. Anyone with a 10+2+3 degree from any specialty area is eligible to apply for admission to the MCom program. In order to participate in the M.Com Admission 2023, applicants must register before the university’s deadline. The results of the most recent UG-level qualifying exam will determine who is chosen for the M.Com program. A deposit of Rs 300 is required for the application.

MCom Admission at BHU

Through CUET PG results, Banaras Hindu University offers a postgraduate MCom admission program. The MCom program at BHU must be completed in a minimum of two years. Banaras Hindu University takes into account applicants’ CUET PG entrance exam marks for making its selections. The university typically begins the admissions process in the latter week of July each year.

M.Com Admission at DU

Soon, MCom admission will begin at DU for the academic year 2023. The CUET PG 2023 score will be used to determine acceptance. For admission to a postgraduate MCom program, applicants must have their CUET scorecard. A bachelor’s degree is not required to apply for admission, though BCom holders are encouraged.

Admission to MCom at Amity University

For the M.Com course, Amity University has just opened the admissions portal. Follow the link on the university’s online website to get the form for M.Com admission. One must have received a B.Com. from a reputable university with a grade of at least 50%.

Additionally, they must have earned at least 60% on a well-known board’s Class XII examination. The solely online selection procedure will be based on the student’s performance on an online video test given through the Microsite Admission window.

Admission to MCom at Calcutta University

The MCom admission process for the upcoming academic session will soon begin at Calcutta University. A BCom degree is required before applying for an MCom. The University has published a notice about the admission fee waiver on its official website. For Postgraduate programs offered on the university’s campuses, there won’t be an entry fee.

Gujarat College Admission to MCom

The most prestigious institution in India, GU, admits MCom students. Because it is a public university, all students can easily afford the tuition. The complete course fee for the MCom at GU is INR 36,000. It has a merit-based admissions process for MCom students.

To be eligible for admission, applicants must have earned a BCom or BBA from a reputable institution or institute. The placement of students is what makes this university most well-known. In the month of July, MCom student admission will take place.

MCom Admission Requirements

The following are the requirements and qualifications for admission to the MCom program:

Candidates must hold a BCom (General), BCom (Honors), BBA, or similar undergraduate degree from an institution of higher learning with a minimum cumulative GPA of 50%.

A degree in Economics, Statistics, BBE, or BBS may be taken into consideration by several colleges. Students should, however, confirm their eligibility with the relevant university.

In universities, students who identify as OBC or SC/ST are given a 5% discount.

Students must take the entrance exam in order to be considered for MCom admission at various universities.

Admission to MCom: Syllabus

The curriculum strives to prepare students for every scenario that can arise. Both general and professional issues are covered. The course’s primary emphasis is on business and accounting principles. The method specifically moves on to the B.Com course. However, the M.Com program covers more information. Courses in accounting and management make up the majority of the program’s curriculum. The M.Com degree also includes a large amount of economics coursework.

introductory business statistics

Business Economics

Administrative Accounting

Financial Preparation

Organizational Behavior’s and Theory

 Statistical Techniques for Business Financial Management and Policy in Second Semester

Legal Aspects of Business Third Semester of International Business Fourth Semester of Global Strategic Management

Business Research on Corporate Ethics, Social Responsibility, and Corporate Governance

Admission Specialization in MCom

There are many different specializations available for the Master of Commerce (MCom) in India. Numerous universities, both public and private, will offer it. When applying for M.Com. admission, students often consider which M.Com. specialization is the best. The M.Com programme is best suited for specializations in marketing, taxation, human resources, and computer applications. These subjects bring up several work responsibilities and scope possibilities.

The M.Com program offers a range of specializations in the field of business. Here is a list of a few of them:

MCom in Computer Applications: This concentration offers both theoretical and practical knowledge of the computer industry.

The MCom in Accounting and Finance has a stronger emphasis on economic finance and accounting.

Students in the MCom in Taxation program learn how to thoroughly address tax-related issues and conduct literature searches. They also learn how to thoroughly analyse tax returns.

Finance-related MCom degrees include budgeting for the organization.

The MCom in HR Management focuses on managing human resources within the company.

Your MCom in Marketing equips you with all the knowledge and abilities needed to market in the financial and commercial sectors.

Admission to MCom Career Prospects

The MCom program has a wide range of job options in India. After completing an MCom course, many prestigious government colleges offer placement. The MCom programme is an option for any student who wants to pursue a career in accounting or commerce. Students can seek careers as accountants in a variety of businesses.

They are employable in many company structures. They can work as a content writer for a variety of accounting, finance, and business-related themes. Graduates can work in the marketing industry as well. The following list of career alternatives includes

Account Assistant assists accountants with administrative work, including typing, filing, handling mail, and simple bookkeeping activities.

Operations Manager: This person is in charge of hiring new employees, defining goals, and managing teams.

The marketing manager’s responsibility is to develop and carry out marketing plans.

Analyst carries out data operations and generates reports based on the analysis of the data.

The stockbroker deals with stocks and offers the business financial services.

The task of managing and supervising bank branches falls to the bank manager.

Examining the market, product portfolio, and overall financial performance is a business consultant’s responsibility.

Through cash registers, the cashier/teller manages transactions with customers.

What career paths are available after an M.Com?

A person with an MCom degree has a wide range of career options. Accounting, business environment, management, international business, insurance, finance, banking, and other disciplines within the MCom curriculum provide knowledge about several streams. MCom graduates may find employment as investment bankers, tax consultants, certified public accountants, cost accountants, etc. Starting pay ranges from three to five LPA.

highest-paying jobs after an MCom

Candidates can apply for jobs in prestigious MNCs and BFSI after earning their M.Com. Additionally, you have the option of selecting research or professor employment.

Account assistants assist accountants with administrative work by performing clerical activities like filing, typing, processing mail, and simple bookkeeping.

Operations Manager: This person is in charge of hiring new employees, defining goals, and managing teams. The marketing manager is in charge of developing and carrying out the marketing plans.

Data operations are carried out by analysts, who then analyse the data to produce reports. The stockbroker deals with stocks and offers the business financial services.

Bank Manager: The bank manager is in charge of supervising and running the bank’s branches.

Business consultants: It is their responsibility to research the market, product portfolio, and overall financial performance of the organization.

Managing customer transactions through cash registers is the job of the cashier or teller.

Top Universities in India for MCom Admission

MCom degrees are offered by a number of universities and institutions in India. Some of the best colleges in India for MCom admission 2023 are listed below:

Miranda House
Stella Maris College
Loyola College
Madras Christian College
Presidency College
Krista Jayanti College
Brahan Maharashtra College of Commerce
St. Joseph’s College of Commerce
Genka College of Commerce and Business
Mount Carmel College
Rajas College
Hansraj College
Hindu College
Shri Ram College of Commerce (SRCC)

In July and August, the majority of these prestigious universities have their MCom admissions processes. Some colleges provide two sessions for applying. Although top institutions require National, State, or institute-level exams, entrance courses are merit-based.

Private colleges include, among others, Bhadra Vidyapeeth, Aryabhata Degree College, Achieve Educations, Ingra Institute of Management and Professional Studies, ICSI New Delhi, and School of Distance Education. 

Public colleges include Rajas College, Miranda House, Loyola, Shri Ram College of Commerce, and others.

MCom Training in India

Graduates of the master’s in commerce program can choose from a variety of employment prospects in India. Your base income with an MCom degree should be in the range of 3.5 lakhs per year. The salary will only rise, however, as a result of a gain in skill level with different other skill improvements.

The Most Common Questions?

First of all, how can I get ready for the MCom admissions test?

The answer is that entrance exams are entirely aptitude-based and have goals. English, Quantitative Aptitude, and Logical Reasoning are all part of the M.Com admission exam.

Does a student who has earned their Mcom have the option to become a CA?

Response: Yes. Following the completion of their M.Com, students might pursue CA. Actually, it could be pursued in addition to an M.Com. CA can be pursued at any age.

The average cost of an MCom admission is $3,000.

The price of an MCom admission ranges between INR 11,000 and INR 45,000 on average, depending on the school.

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