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

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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

Banaras Hindu University (BHU), Varanasi

5, 310

The Maharaja Sayajirao University of Baroda (MSU), Vadodara

15,120

PSG College of Arts and Sciences (PSGCAS), Coimbatore

NA

Popular Private MCom Colleges in India

Colleges

Fees (in Rs)

AISECT University, Hazaribagh

31,550

Chandigarh University (CU), Chandigarh

45,800 to 1.2 lakh

Amity University, Noida

2.2 lakh

Lovely Professional University (LPU), Jalandhar

1.62 lakh

Hindusthan College of Arts and Science (HICAS), Coimbatore

NA

CMS College of Arts and Commerce, Coimbatore

NA

Popular Private MCom Colleges in India

Colleges

Fees (in Rs)

CC Sheth College of Commerce, Ahmedabad

NA

Directorate of Distance Education, Kurukshetra University

18,800

Maharaja Agrasen International College, Raipur

NA

Gossner College, Ranchi

NA

Christ College, Irinjalakuda, Thrissur

9,700

DAV College, Karnal

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)

Calicut University, Calicut

2.2

Ethiraj College for Women, Chennai

3.5

Utkal University, Bhubaneswar

4.8

Gujarat University, Ahmedabad

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

Mahant Laxmi Narayan Das College, Raipur

5.0

Axis Bank, ICICI Bank

Department of Commerce, University of Delhi

4.8

Ernst & Young (EY), PricewaterhouseCoopers (PWC)

Farook College, Kozhikode

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

Loyola College, Chennai

4.4

EY, TCS, Deloitte

Chaudhary Ranbir Singh University, Jind

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

Indira Gandhi National Open University (IGNOU)

New Delhi

Netaji Subhash Open University (NSOU)

Kolkata

Institute of Distance and Open Learning, University of Mumbai

Mumbai

Directorate of Distance Education, Kurukshetra University

Kurukshetra

Gauhati University

Guwahati

 Top MCom Colleges in India Offering Part-Time Programmes

Colleges

Location

Directorate of Distance Education, Maharishi Dayanand University

Rohtak

Centre for Distance Education, Aligarh Muslim University

Aligarh

MS Ramaiah Institute of Applied Sciences (MSRUAS)

Bengaluru

Odisha State Open University

Sambalpur

Institute of Professional Education and Research

Bhubaneswar

 Top MCom Colleges in India Offering Online Programmes

Colleges

Location

Karnataka State Open University

Mysore

361 Degree Minds – Annamalai University

Bengaluru

361 Degree Minds

Chennai

Career Point

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:

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:

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:

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:

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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. 

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.

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