M.Com Scope: Salary, Job Roles, Career after Master of Commerce
Bhavya JainContent Author
MCom graduates can find jobs in banking, finance, insurance, accounting and also taxation. MCom or Master of Commerce is a 2-year PG degree offered under the Commerce stream and after BCom.
MCom Jobs
Candidates can see the list of jobs below:
MCom Salary
Candidates can see the salary in govt and pvt sectors below:
|
Sector |
Average Annual Salary (INR) |
Notes |
|---|---|---|
|
Government |
INR 3,00,000 - INR 8,00,000 |
Varies significantly based on the specific government role (e.g., Lecturer, Accountant, Administrative Officer) and level of experience. |
|
Private |
INR 3,50,000 - INR 15,00,000+ |
Can range widely depending on factors like company size, industry, job role (e.g., Financial Analyst, Chartered Accountant), and individual skills/experience. |
MCom Specialisation Wise Salary
Candidates can see the table below:
|
Specialization |
Average Salary (LPA) |
|---|---|
|
Finance |
INR 4 - INR 10 Lakhs |
|
Accounting & Taxation |
INR 3.5 - INR 8 Lakhs |
|
Marketing |
INR 3 - INR 7 Lakhs |
|
Human Resource Management |
INR 3 - INR 6 Lakhs |
|
International Business |
INR 4 - INR 9 Lakhs |
|
Banking & Insurance |
INR 3.5 - INR 8 Lakhs |
|
E-commerce |
INR 3 - INR 7 Lakhs |
MCom Experience Wise Salary in India
Candidates can see the table below:
|
Experience |
Average Annual Salary (INR) |
|---|---|
|
0-2 Years (Entry-Level) |
INR 3,00,000 - INR 6,00,000 |
|
2-5 Years (Mid-Level) |
INR 5,00,000 - INR 10,00,000 |
|
5-10 Years (Senior Level) |
INR 8,00,000 - INR 18,00,000 |
|
10+ Years (Experienced Professionals) |
INR 15,00,000+ |
MCom Best Jobs
Candidates can see the table below:
|
MCom Degree Specializations |
Job Profiles |
Average Annual Salary (in INR) |
|---|---|---|
|
MCom in Computer Applications |
Stockbroker |
2.8 LPA |
|
Auditor |
4.4 LPA |
|
|
Accountant |
3.2 LPA |
|
|
Finance Consultant |
6.1 LPA |
|
|
Budget Analyst |
5.8 LPA |
|
|
MCom in Accounting & Finance |
Business Consultant |
13.9 LPA |
|
Finance Consultant |
6.1 LPA |
|
|
Investment Banking Associate |
14.7 LPA |
|
|
Cost Accountant |
7.3 LPA |
|
|
MCom in HR Management |
HR Manager |
10.8 LPA |
|
HR Recruiter |
2.7 LPA |
|
|
Office Manager |
4.2 LPA |
|
|
HRD Executive |
3.7 LPA |
|
|
Client Relationship Manager |
5.7 LPA |
|
|
MCom in Marketing |
Marketing Operations Specialist |
9 LPA |
|
Public Relations Manager |
7 LPA |
|
|
Communication Manager |
13.2 LPA |
|
|
Management Associate |
8.9 LPA |
|
|
MCom in Foreign Trade Management |
Auditor |
4.4 LPA |
|
Budget Analyst |
5.8 LPA |
|
|
Equity Research Analyst |
10.2 LPA |
|
|
Business/Corporate Analyst |
9.6 LPA |
|
|
MCom in Internation Business |
International Business Consultant |
13.9 LPA |
|
Business Development Manager |
7.3 LPA |
|
|
International Business Developer |
3.8 LPA |
|
|
Business Development Specialist |
5.7 LPA |
|
|
MCom in Banking and Finance |
Agent |
2.5 LPA |
|
Assistant Controller |
12.1 LPA |
|
|
Credit and Risk Manager |
13.1 LPA |
|
|
Accountant |
3.2 LPA |
|
|
Actuary |
11.2 LPA |
|
|
MCom in Economics |
Credit Analyst |
8.1 LPA |
|
Financial Analyst |
5.9 LPA |
|
|
Market Research Analyst |
4.2 LPA |
|
|
Statistician |
5.8 LPA |
|
|
MCom in Taxation |
Tax Analyst |
5.2 LPA |
|
Employment Tax Specialist |
8.2 LPA |
|
|
Personal Finance Consultant |
1 LPA |
MCom Scope in India: Jobs, Salary, and Further Education
Candidates can see the scope below:
|
Industry/Sector |
Description |
Job Roles |
|---|---|---|
|
Banking & Finance |
Provides financial services like lending, deposits, and investments. |
Financial Analyst, Loan Officer, Investment Banker, Risk Manager, Credit Analyst |
|
Insurance |
Provides financial protection against risks. |
Insurance Underwriter, Actuary, Claims Processor, Risk Manager |
|
Accounting & Auditing |
Maintains financial records, prepares financial statements, and conducts audits. |
Chartered Accountant (CA), Cost Accountant, Tax Accountant, Auditor, Financial Controller |
|
Consulting |
Provides expert advice and guidance to businesses on various issues. |
Management Consultant, Business Analyst, Market Research Analyst, Strategy Consultant |
|
E-commerce & Digital Marketing |
Facilitates online buying and selling of goods and services. |
Digital Marketing Manager, E-commerce Manager, Social Media Manager, Content Marketing Specialist |
|
Education |
Provides instruction and training. |
Professor, Lecturer, Researcher, Academic Administrator |
|
Government |
Administers public services and policies. |
Government Economist, Financial Analyst, Budget Analyst, Policy Analyst |
|
Non-Profit |
Works towards social or charitable goals. |
Fundraiser, Program Manager, Financial Officer, Development Director |
|
Retail |
Sells goods directly to consumers. |
Retail Manager, Merchandiser, Buyer, Sales Manager |
|
Manufacturing |
Produces goods for sale. |
Production Manager, Supply Chain Manager, Cost Accountant, Financial Analyst |
Courses after MCom
Candidates can see the table below:
|
Course |
Description |
|---|---|
|
MBA (Master of Business Administration) |
A comprehensive management program covering various aspects of business, including finance, marketing, human resources, and operations. |
|
Chartered Accountancy (CA) |
Professional qualification focusing on accounting, auditing, taxation, and financial advisory services. |
|
Chartered Financial Analyst (CFA) |
Globally recognized professional designation for investment and portfolio management professionals. |
|
Company Secretary (CS) |
Professional qualification focusing on corporate governance, legal compliance, and secretarial practices. |
|
Certified Public Accountant (CPA) |
US-based professional qualification for accountants and auditors. |
|
Cost and Management Accountant (CMA) |
Professional qualification focusing on cost accounting, management accounting, and financial planning. |
|
Digital Marketing Courses |
Focuses on online marketing strategies, including SEO, social media marketing, content marketing, and email marketing. |
|
Data Analytics & Business Intelligence |
Focuses on analyzing large datasets to gain insights and make informed business decisions. |
|
Financial Risk Management (FRM) |
Professional qualification focusing on identifying, assessing, and mitigating financial risks. |
|
Ph.D. in Commerce |
Research-oriented program for those interested in academic research and teaching in the field of commerce. |
MCom Recruiters
Candidates can see the table below:
|
Top Companies for MCom Graduates |
|
|---|---|
|
Tata AIG |
Capgemini |
|
Wipro |
Maruti Suzuki |
|
|
TCS |
|
IBM |
HDFC |
|
Reliance |
Amazon |
|
HCL |
Dell |
|
Infosys |
City Bank |
|
Deloitte |
Genpact |
|
Standard Bank |
NewGen |
MCom Jobs - Govt
Candidates can see the table below:
|
Popular Government Jobs Sectors for MCom Graduates |
|
|---|---|
|
Union Public Service Commission (UPSC) |
State Public Service Commission (PSC) |
|
Indian Railways |
Life Insurance Corporation of India (LIC) |
|
State Bank of India (SBI) |
Bharat Sanchar Nigam Ltd (BSNL) |
|
Reserve Bank of India (RBI) |
Staff Selection Commission (SSC) |
|
Indian Administrative Services (IAS) |
Institute of Banking Personnel Selection (IBPS) |
|
Indian Oil Corporation Ltd. |
Punjab National Bank (PNB) |
MCom Colleges - Placements
Candidates can see the table below:
|
Top Colleges for Placements (in India) |
Average Salary Offered (in INR) |
|---|---|
|
6.3 LPA |
|
|
11 LPA |
|
|
6 LPA |
|
|
8 LPA |
|
|
7.26 LPA |
|
|
7 LPA |
|
|
5.5 LPA |
|
|
8.4 LPA |
|
|
8.47 LPA |
|
|
6.75 LPA |
After earning a BCom, pursuing an MCom can help you find employment in a number of ways.
- Specialized Knowledge
- Career Advancement
- Networking
- Potential Salary
It's very much crucial to remember that the precise advantages of going after an MCom after earning a BCom can differ based on personal career objectives, market trends, and the standing of the university.
Both provide good career options. Careers in corporate finance, banking, accounting, and business management can be got with an MCom, which normally focuses on subjects like accounting, finance, marketing, and management.
Graduates with an MA in Economics are frequently prepared for positions in academia, public policy, research, and economic analysis. Your professional objectives and interests should guide your decision between the two.
Hope this helps!
Entry-level job positions in the field of finance for a graduate who have done MCom have roles like -
- Assistant Accountant
- Accountant
- Senior Account Executive
- Cashier
- Personal Finance Consultant
- Business Consultant
- Teachers/Lecturer
- Executive Assistant
Hope this helps!
M.Com degrees are very much important also fulfilling but they are not without the difficulties. M.Com. students commonly deal with the following problems -
- Academic Rigor: MCom programs demand a thorough understanding of complex accounting, finance, and economic concepts. Tests, assignments, and academics can be difficult for students.
- Time management: Juggling work, family, and school commitments can be challenging. For M.Com. students to succeed academically, time management is crucial.
- Specialization: M.Com. programs provide concentrated specializations and students find themselves overwhelmed with all these types of specializations.
Hope this helps!
- Popular M.Com Colleges in India
- Popular Private M.Com Colleges in India
- Popular M.Com Specializations
- Most Popular Courses
Popular M.Com Colleges in India
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Popular M.Com Specializations
Popular Specializations
- Finance
66 Colleges
- Sales & Marketing
26 Colleges
- International Business
20 Colleges
- Human Resources
14 Colleges
- Entrepreneurship
9 Colleges
- Auditing & Control
7 Colleges
- Statistics
7 Colleges
- Cost & Management Accounting
6 Colleges
- Financial Planning & Analysis
6 Colleges
- International Accounting
5 Colleges
Most Popular Courses
Popular Courses
- Master of Commerce (M.Com.)Christ University
- Master of Commerce (M.Com.)Shri Ram College of Commerce, University of Delhi
- Master of Commerce (M.Com.)Hansraj College, University of Delhi
- M.Com in Finance and TaxationSt. Joseph's College of Commerce
- Master of Commerce (M.Com.)K J Somaiya College of Arts and Commerce
- M.Com. in Financial AnalysisKristu Jayanti University
- Master of Commerce (M.Com.)Kristu Jayanti University
- M.Com. in Entrepreneurship and Family BusinessGoswami Ganesh Dutta S.D. College
- Master of Commerce (M.Com.)Goswami Ganesh Dutta S.D. College
- Master of Commerce (M.Com.) in Finance, Marketing, HRAmity University, Noida
News & Updates
Student Forum
Anything you would want to ask experts?Answered a week ago
Yes, you can pursue an M.Com after a BA from Government College for Girls (GCG) Nacholi, Faridabad, but only if you meet the specific subject criteria.
Beginner-Level 4
Answered 3 weeks ago
Candidates must complete a four-year BCom (Hons)/ BCom (Hons. with Research) course or one-year PG Diploma in Commerce with at least 50% aggregate to apply for one-year MCom at Kuruskshetra University. The minimum aggregate is 47.5% for SC/ ST/ Differently-Abled aspirants.
N
Guide-Level 15
Answered 3 weeks ago
Degree Type: You must hold a B.Com (Honours) degree from a recognized university. A general/pass B.Com degree is not accepted.
Minimum Marks: You need a minimum of 55% aggregate marks at the undergraduate level.
Gender: JDBI's postgraduate commerce courses are strictly for female candidates only.
C
Beginner-Level 3
Answered 3 weeks ago
Candidate can expect salary of approximately 5.38 Lacs per annum. This is the median salary, so it differs with skills and experience. Candidate can pair it with the right certificate courses as per the market requirements. Pairing them with the right certificate courses will increase the annual pac
R
Contributor-Level 9
Answered 3 weeks ago
Yes, aspirants can consider MCom from BESC. The cost is decent and aspirants will get good exposure of college life and academics both. There are scholarship programmes and quota admissions also, which you can check from the official website of BESC.
R
Contributor-Level 9
Answered 3 weeks ago
Yes, candidate can explore opportunity abroad with additional certificates like CFA or ACCA. Also, they can go ahead with higher studies like PhD, MBA, etc. There are opportunities in the field of research and finance after MCom.
R
Contributor-Level 9
Answered 3 weeks ago
The total tuition fee of MCom at BESC is approximately INR 1.38 lakh. Candidate can pay the fees via any of the online payment modes. Candidate must keep the fee receipt for future references.
R
Contributor-Level 9
Answered 3 weeks ago
There is no upper age limit for MCom admission. Even CUET PG has no upper or lower age limit. But the eligibility criteria of every college is different. Generally it is a good score in UG degree in a relevant field.
B
Contributor-Level 8
Answered 3 weeks ago
The basic requirement to be eligible for MCom is an undergraduate degree in commerce, management or BFSI ( Banking, Financial Services Insurance). If you had maths, economics, statistics as core subjects, you can be eligible to apply. Check the eligibility criteria of the college before applying.
B
Contributor-Level 8
Answered 3 weeks ago
A course can be easy for one student but difficult for another. Someone who is interested in accounts and maths, can find the course easy. Someone who is not strong in accountancy and maths can find the course difficult.
B
Contributor-Level 8
Answered 4 weeks ago
MCom at R.A. Podar College of Commerce and Economics is offered across 5 specialisations enlisted below:
- Accountancy
- Business Management
- Behavioural Finance
- Business Analytics
- International Business
Contributor-Level 10
Answered a month ago
Yes, DU SOL does have MCom as one of its programmes. It is a PG programme with a two-year duration. Students can apply online for the programme. Admissions are both merit and entrance-based for the programme.
P
Contributor-Level 10
Answered 2 months ago
There are 120 seats for MCom programmes at Lords Universal College. The seats in each MCom specialisation is 60. Aspirants are selected for admission in MCom based on their merit.
N
Guide-Level 15
Answered 2 months ago
The total course fees for MCom courses is INR 19,910 each at Lords Universal College. Selected candidate have to pay the programme fees to confirm their seat. Aspirants must pay the fees via any of the online payment modes.
N
Guide-Level 15
Answered 2 months ago
Pratibha College of Commerce and Computer Studies offer a total of 120 seats for teh MCom programme. In the total seats, 40% of the seats are for open category and 40% for reserved category. This number can change.
R
Contributor-Level 10
Answered 2 months ago
The total tuition fee of MCom at Pratibha College of Commerce & Computer Studies is INR 50,800. Candidates need to pay the course fee as the last step of admission process. This number can change.
R
Contributor-Level 10
Answered 2 months ago
Dr. Shantilal K Somaiya School of Commerce and Business Studies offers MCom at PG level. MCom is offered in various specialisations, such as Master of Commerce Accounting and Finance, Master of Commerce Banking and Finance and Master of Commerce Business Management. These specialisations are offered
G
Contributor-Level 10
Answered 2 months ago
No, students cannot get admission in MCom at Dr. Shantilal K Somaiya School of Commerce and Business Studies with 45% in graduation. The percentage is not enough. The eligibility to apply for MCom at Dr. Shantilal K Somaiya School of Commerce and Business Studies is to have a graduation degree with
G
Contributor-Level 10
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After the completion of your master in Commerce, you can choose an appropriate job role that too based on your interests, skills, and goals.
Few of the popular options that the students generally go for, after completing MCom are:
Read more about -
M.Com