M.Com or Master of commerce is a postgraduate academic degree which is awarded after successful completion of a two years program. The Master degree course covers the study of principles of accounting, economic theory, micro and macro economics, money and banking systems, knowledge about business trade and its characteristics and policies involved, etc. In the final year, the students opt for specialized study in anyone fields of commerce such as Statistics, Taxation, Marketing, Accounting & Finance, Banking, Insurance etc simply M.Com is a postgraduate degree program that focuses on the systematic study of the concepts of Accountancy, Business studies, Statistics, Economics, Mathematics, Finance, Banking, Law, Taxation, Marketing , Management studies, etc. Therefore study of M.Com degree gives an insight of commerce, Management and Economics.
The basic eligibility criterion for pursuing M.Com degree is having graduation degree in commerce stream.
Master of Commerce course suitability:
Master of Commerce is suitable for those candidates who want to go for higher studies and research work in the field of statistics and related areas besides taking up job of a teacher/ lecturer in various universities and colleges after clearing the requisite exams like UGC NET/JRF etc.
This course is also suitable for those candidates who are willing to pursue chartered accountancy and company secretary-ship.
Actually commerce graduates have lots of career options:
After your graduation immediately you can work as an accountant and most of the fresh commerce graduates look for a job as an accountant. Accountant is required in all types of industries. Every company requires accountant to run their business and to keep track of profit and loss of their company.
2. Tax Consultant
Taxation you learn in college itself, after graduation you can work as a tax consultant with any firm and get some experience. Later on you can independently work as a Tax consultant or work from home or can also start your own firm.
After Masters of Commerce (M.com) one can work as a commerce lecturer in college or universities.
M.Com other careers at a glance:
- Stock Broker.
- Finance Consultant.
- Insurance Consultant.