MCom or MBA: Which is Better After Graduation in Commerce?

For commerce graduates, choosing postgraduate course is difficult. Students are often confused whether to pursue MBA or MCom after graduation in commerce. Both options offer great career and salary options. Read this article to know the differences between MCom or MBA.

MCom or MBA?

Master of Commerce or Master of Business Administration, which is better? is the common problem that students face after completing graduation in Commerce. MCom and MBA are both Postgraduate (PG) programs, which provide opportunities in management, finance, consulting and education. Both courses differ in terms of course pattern, scope, cost and career opportunities.

MCom is a program that provides students with the knowledge of economics, finance, business management and accounting. On the other hand, MBA focuses more on management, leadership, strategic thinking and business operations. For candidates who are confused between MCom and MBA can read this article to compare both the programs and make the right career choice.

What is MCom?

The MCom is a two-year full-time or part-time postgraduate degree that provides skills in areas such as accounting, economics, business studies, taxation, and finance. To pursue this course, candidates must make sure to fulfil program criteria. As per MCom eligibility criteria, candidates must have a BCom, BBA or any equal degree. The fees of MCom program generally ranges between INR 20,000 to INR 100000 in most universities. MCom is affordable in comparison to MBA and does not particulary have entrance exams.

Also Read: MCom Courses

What is MBA?

The Master of Business Administration is a recognised postgraduate program which focuses on leadership, managerial, and business skills. The program is designs to provide candidates advance training in areas like operations, finance, HR, and marketing. It is one of the most popular courses among students and employers. This program is offered in various specialisations. This degree is well known for its ROI with high salaries and more career opportunities.

To pursue this course, candidates generally require a good score in top national entrance examinations like CAT, XAT, MAT, NMAT and so forth. Candidates are required to check the university-wise criteria for admissions. The fees for the MBA program is comparatively higher than other PG programs. The fee usually ranges between INR 5 lakh to INR 30 lakhs in top B-schools.

Also Read: MBA Courses

Difference Between MCom and MBA

Candidates can check below table to know the differences between the MCom and MBA courses:

Career Opportunities After MCom

An MCom graduate has several career paths in the academic and finance sectors. Popular MCom career options include:

• Lecturer/Professor in universities
• Chartered Financial Analyst (with CFA/CA integration)
• Banking & Insurance professional
• Government jobs (UPSC, SSC, RBI, PSU)
• Research Analyst
• Accountant or Auditor

Career Opportunities After MBA

An MBA graduate gets career opportunities across industries. Some of  MBA job profiles are:

• Business Consultant
• Marketing Manager
• Finance Manager / Investment Banker
• HR Manager
• Operations Manager
• Product Manager
• Entrepreneur

Which Course is Better? MCom or MBA?

Check below to know which course is better- M.Com or MBA?

Candidates can opt for MCom if they:

• want to pursue academics, research, or government jobs.
• prefer a pocket friendly postgraduate degree.
• are planning to pursue professional courses like CA, CMA, or PhD alongside.

Students can Choose MBA if they:

• want to work in corporate sector or multinational companies.
• wish to have higher salary packages and managerial roles.
• are interested in entrepreneurship or global career opportunities.