4037 M.Com Colleges in India
MCom or Master of Commerce is a post-graduation course in the field of commerce. MCom is one of the most popular courses among students. The two-year course offers subjects such as Finance, Accounting, Taxation, Banking, Insurance, etc.
There are over 3,000 MCom colleges across India. Majority of the MCom colleges in India are private, accounting to almost 50 per cent. Approximately 26 per cent colleges are Government and around 24 per cent are of public-private ownership.
Some of the reputed MCom colleges in India are Shri Ram College of Commerce (SRCC), University of Delhi; Mad
MCom or Master of Commerce is a post-graduation course in the field of commerce. MCom is one of the most popular courses among students. The two-year course offers subjects such as Finance, Accounting, Taxation, Banking, Insurance, etc.
There are over 3,000 MCom colleges across India. Majority of the MCom colleges in India are private, accounting to almost 50 per cent. Approximately 26 per cent colleges are Government and around 24 per cent are of public-private ownership.
Some of the reputed MCom colleges in India are Shri Ram College of Commerce (SRCC), University of Delhi; Madras Christian College (MCC), Hansraj College, University of Delhi; CMS College of Science and Commerce, Coimbatore, to name a few. Following table brings some of the top MCom colleges in India in terms of ownership, location and fees.
Popular Public MCom Colleges in India
| Colleges |
Fees (in Rs) |
|---|---|
| SRCC, Delhi |
12,004 |
| Hansraj College, Delhi |
32,680 |
| 5, 310 |
|
| 15,120 |
|
| NA |
Popular Private MCom Colleges in India
| Colleges |
Fees (in Rs) |
|---|---|
| 31,550 |
|
| 45,800 to 1.2 lakh |
|
| 2.2 lakh |
|
| 1.62 lakh |
|
| NA |
|
| CMS College of Arts and Commerce, Coimbatore |
NA |
Popular Private MCom Colleges in India
| Colleges |
Fees (in Rs) |
|---|---|
| NA |
|
| 18,800 |
|
| NA |
|
| NA |
|
| 9,700 |
|
| 46,580 |
Top states with MCom colleges in India
Although there are MCom Colleges across India, Tamil Nadu, Maharashtra, Uttar Pradesh, Kerala and Delhi-NCR are some of the states with a large number of MCom colleges in India. The percentage of MCom colleges in India in various states is illustrated in the graph below:
Eligibility Criteria for MCom Colleges in India
Although the eligibility criteria for MCom colleges in India mentions that the applicants should have a BCom degree, those with Bachelors degree in any other subject related to Commerce can also apply to MCom colleges in India. The common eligibility criteria for admission to MCom colleges in India are as follows:
- Candidates should have completed Bachelors degree in Commerce (BCom) from a recognised university or institute, ideally with minimum 50 per cent aggregate.
- Candidates who have completed their graduation in Economics, Bachelor of Business Administration (BBA), Bachelor of Business Economics (BBE), etc. can also apply to some of the colleges.
- Candidates should have studied Mathematics as a compulsory subject.
Some of the MCom colleges in India also consider past academic records such as Class 10th and Class 12th Board exam's marks.
What are the study options after MCom?
After completing MCom, students can explore a number of higher study avenues, which are mentioned below:
- MPhil in Commerce
- PhD in Commerce
- MBA in Finance, BFSI or any other relevant specialisation
- Certificate courses in Accounting, Taxation, Data Analytics, BFSI
- Chartered Accountancy or Cost Accountancy
MCom Placement Trends
After completing MCom, students have the opportunity to get placed in various sectors of the industry such as Finance, Media & Advertising, Healthcare, Academics, etc. Commerce professionals have a universal demand. The job titles or designations for MCom qualified candidates are as follows:
- Accountant/Senior Accountant
- Finance Executive
- Financial Analyst
- Cost Accountant
- Risk Analyst
- Investment Banker
- Security Analyst
- Trader
- Auditor
- Insurance Agent
Now let us take a look at the top MCom colleges in India and the salaries offered during the placements.
| Colleges |
Median Salary (in Rs LPA) |
|---|---|
| 2.2 |
|
| 3.5 |
|
| 4.8 |
|
| 4.81 |
|
| Hansraj College, Delhi |
9.75 |
| Department of Commerce, Alliance School of Business, Alliance University, Bangalore |
10.14 |
Top Recruiters for MCom Graduates
Top recruiters of MCom students in the colleges across India range from top financial organisations such as banks, NBFCs, insurance agencies, consultancy firms, among others. The demand for MCom graduates is there in every sector of the industry. Following table brings the list of top recruiters in MCom colleges across India along with the placement ratings based on Shiksha reviews.
| Colleges |
Placement Rating (Based on Review) |
Top Recruiters |
|---|---|---|
| 5.0 |
Axis Bank, ICICI Bank |
|
| 4.8 |
Ernst & Young (EY), PricewaterhouseCoopers (PWC) |
|
| 4.6 |
Wipro, Tata Consultation Services (TCS) |
|
| Bhavan’s Vivekananda College of Science, Humanities and Commerce (BVCSHC), Secunderabad |
4.4 |
Capital IQ, Factset, Franklin Templeton |
| 4.4 |
EY, TCS, Deloitte |
|
| 4.4 |
TCS, Maruti, International Business Machine (IBM) |
MCom Modes of Study
Colleges in India offer MCom in all four modes, i.e. full-time, Distance/Correspondence, part-time and online. While the majority, i.e. 94 per cent colleges deliver the course in full-time classroom mode, the least number of colleges (1 per cent) offer MCom in online mode. Here we bring the top five colleges from each mode of course delivery.
Top MCom Colleges in India Offering Full-Time Programmes
| Colleges |
Location |
|---|---|
| SRCC |
New Delhi |
| Hansraj College |
New Delhi |
| Chandigarh University |
Chandigarh |
| Amity University |
Noida |
| MCC |
Chennai |
 Top MCom Colleges in India Offering Distance/Correspondence Programmes
| Colleges |
Location |
|---|---|
| New Delhi |
|
| Kolkata |
|
| Institute of Distance and Open Learning, University of Mumbai |
Mumbai |
| Kurukshetra |
|
| Guwahati |
 Top MCom Colleges in India Offering Part-Time Programmes
| Colleges |
Location |
|---|---|
| Directorate of Distance Education, Maharishi Dayanand University |
Rohtak |
| Aligarh |
|
| Bengaluru |
|
| Sambalpur |
|
| Bhubaneswar |
 Top MCom Colleges in India Offering Online Programmes
| Colleges |
Location |
|---|---|
| Mysore |
|
| Bengaluru |
|
| Chennai |
|
| Pune |
How affordable is studying MCom in India?
Course fees of MCom colleges in India range from Rs 1 to 5 lakh. It can be said that MCom colleges in India are quite affordable as maximum colleges offer the course with a fee of less than Rs 1 lakh. Let us take a look at some of the top names in each fee range:
Course Fee of MCom Colleges in India Below Rs 1 lakh
Around 79 per cent of colleges offer MCom course below Rs 1 lakh. Some of the noted names are as follows:
- SRCC, University of Delhi
- Hansraj College, University of Delhi
- Ramjas College, University of Delhi
- Parul University, Vadodara
- SMS – School of Management Sciences, Varanasi
- Manipal Academy of Higher Education (MAHE), Manipal
Course Fee of MCom Colleges in India Between Rs 1-2 lakh
Approximately 16 per cent of MCom colleges in India are in this fee range. Some of the top names include the following:
- LPU, Jalandhar
- CU, Chandigarh
- MIT University – World Peace University, Pune
- SJES College of Management Studies
- SK Somaiya College, Mumbai
- SAGE University, Indore
Course Fee of MCom Colleges in India Between Rs 2-3 lakh
There are approximately 4 per cent colleges that come under this fee range. The well-known names in this category are:
- University of Mysore, Mysore
- Amity University, Noida
- Sri Sri University (SSU), Bhubaneswar
- Xavier’s University. Kolkata
- International Academy of Management and Enterprise, Bengaluru
- Kristu Jayanti College, Bengaluru
Course Fee of MCom Colleges in India Between Rs 3-5 lakh
This category has the lowest percentage of colleges, which is approximately 1 per cent. Amardeep Singh Shergill Memorial College, Nawanshahar, which belongs to this category, offers MCom course within Rs 4.3 lakh.
Following chart represents the segregation of colleges based on the range of course fees.
MCom Specialisations Offered in India
There is a wide array of MCom specialisations offered across the colleges in India. At one hand, there are core subjects such as Finance, Accounting, Auditing and Taxation, and on the other hand, there are some unconventional specialisations such as Fashion Design, Textile Design, Computer Science, to name a few.
Following graph brings the top specialisations of MCom and the percentage of colleges offering those.
 Popular MCom Entrance Exams in India
The entrance exam which is accepted by the highest number of MCom colleges in India is Delhi University Entrance Test (DUET). The score of this exam is accepted by the colleges affiliated to University of Delhi such as SRCC, Hindu College, Hansraj College, to name a few. Some of the top entrance exams for MCom colleges in India include Common Post Graduate Entrance Test  CPGET and AISECT Joint Entrance Exam (AJEE) to name a few.
The following graph brings a detailed overview:
M.Com Colleges in India
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FAQs
Q1: Is it possible to pursue MCom if a student does not have BCom degree?
A: Although BCom is considered to be the mandatory and only educational background for pursuing MCom, some of the colleges accept the application of students with BBA/BBE or Economics (Hons.) degree. The eligibility criteria depends from institute to institute.
Q2: Which sectors do MCom qualified students get jobs in?
A: The major functions or job roles of an MCom degree holder are accounting, taxation, auditing, to name a few. These functions are integrated across various industrial sectors, such as Banking, Financial Services and Insurance (BFSI), Healthcare, Information Technology (IT), Fashion, Media, etc.Â
Q3: Do MCom colleges in India provide placement support to the students?
A: Majority of the colleges / universities provide placement support to their students. However, some of the MCom colleges in India do not conduct placement drive on campus. Students of those institutes either opt for higher studies or seek job opportunities on their own.
Q4: After MCom, is it better to pursue MPhil or MBA?
A: Both the higher study options are sought-after by the students after MCom and the choice depends on their career aspirations. Those who aim to pursue their career in research or academics, opt for MPhil or PhD. On the other hand, those who want to add an extra edge to their career graph and want to explore the corporate sector or entrepreneurship, would opt for MBA.
Q5: What are some of the key skills required for studying MCom?
A: Some of the key skills required for pursuing MCom include calculation and computing skills, analytical skills, logical reasoning, data crunching ability, knowledge of computer and relevant softwares, patience, decision-making ability, etc.