Master of Commerce (M.Com) Syllabus & Subjects List 2026: Download Semester-wise Syllabus PDF

Updated on Feb 28, 2025 01:33 IST

Master of Commerce (MCom) curriculum is typically a two-year post-graduate or master's degree course offered in various commerce colleges across India recognised by University Grants Commission (UGC). It is designed to enhance the skills and knowledge of an individual on matters regarding commerce, finance, accounting, economics, management, and other related areas. There are many job options for MCom graduates both inside and outside of India. Tax coordinator, cost accountant, and other positions are open to MCom graduates. The MCom has a broad range of applications, and graduates can decide whether to get a job or continue their education.

Its curriculum is designed to improve commerce and banking-related skills. MCom is highly popular among graduate students in India with BCom and BCom (H) backgrounds. It provides in-depth knowledge of business and management, which are required for the efficient running of organisations and businesses. It is also popular among aspiring teachers (or lecturers) and researchers. Admission to top MCom universities is made through entrance exams. Some universities also provide merit-based admissions. On the basis of success in a pertinent MCom Entrance Test, admission is often granted to candidates with a background in commerce and a minimum of 40% marks.

The MCom syllabus structure offers a deep insight into various facets of management and organisational development by combining cross-cutting issues relevant to gender, environment and sustainability, human values, professional ethics, into the curriculum through the incorporation of relevant topics

Also Read about MCom Subjects:

Commerce Courses

MCom Syllabus & Subjects

The subject in MCom enhances logical thinking, analytical abilities, language skills, knowledge of arithmetic and statistics, business management abilities, and teaching and research abilities. Hence, individuals who want to continue higher education (PhD) and become instructors, lecturers, or professors typically enroll in this course.

The MCom curriculum is split into two years (M Com 2 year and 1st year subjects). Throughout their first year, students are introduced to Finance, Accounting, and Commerce, with a focus on the latter two in the business world. In the second year, the full MCom course is highlighted, with an emphasis on banking, finance, projects, and genuine strategies.

Given below are tables indicating the core and elective M Com subject List.

Semester	M Com Accounting and Finance Subjects
M Com Subject 1st Year
M Com Subjects Sem 1	Organisational Behavior and Management Process Computer Applications in Commerce Business Environment & Policy Marketing Management
M Com Subjects Semester-2	Management and Financial Accounting Managerial Economics Management of Nonprofit Organizations Research Methods
M Com Subjects 2nd Year
M Com Subjects Semester-3	Financial Management Managerial Communication Management of Financial Services International Trade – Theory & Practice
M Com Subjects Semester-4	Elements of Income Tax Mergers & Acquisitions E-Commerce Research and Internships

List of MCom Course Subjects

MCom subjects in the whole curriculum can be divided into two segments, first come the core subjects, and second are the elective subjects.

Typical MCom Core Subjects

The MCom programme is intended to provide students with the technical training they need to work in the banking industry. The main organising themes of the entire course are financial and business fundamentals. Check out the table below to know the core MCom banking and finance subjects in detail:

Subject Title	M Com Business Administration Subject Details
Accounting for Managerial Decisions	This subject focuses on organising the accounting and managerial information required for the management. It includes the following topics – Introduction Cost behaviour and profit analysis Budget & budgetary control Standard costing Divisional performance analysis Responsible accounting
Business Environment	This subject provides knowledge about all internal and external factors to be taken into account for the functioning of a business. Topics included are – Introduction to Business Emerging Order of Business Environment Technological Environment Economic Environment Political Environment Socio-Economic Environment Natural Environment Inter programming and Inventory Control
Computer Applications in Business	This subject deals with the development and software applications in finance. The topics included in this are – Computer Fundamental Information Technology Operating System and Word Processing Introduction to Accounting Database Management System
Accounting Theory and Practice	This subject deals with studying a set of frameworks, assumptions, methods, and practices involved in the study of accounting. The topics included are – Accounting theory and practice: Type, Objective, and Scope Conceptual Framework of Financial Accounting and Reporting Objectives of Corporate Reporting Revenue, expenditure, profit, and loss measurement and reporting Valuation of Assets and Liabilities Deprecation Policy Recent Developments
Security Analysis and Portfolio Management	This subject combines the areas of contemporary investment management involving security analysis for an asset creation of investment objectives. Some of the topics included are – Introduction: What, Why, and How? Financial assets in Investment Decisions: Nature, Process, & Scope Fixed Income Security Analysis Variable Income Security (Equity) Analysis Traditional and Modern theories of Portfolio Management
Corporate Tax Planning	This involves studying strategies and planning to reduce tax liabilities against a registered organisation or company. Topics included are – Corporate Tax Planning: Introduction and Meaning Introduction to Tax Evasion and Tax Avoidance Computing Corporate Tax Tax planning and managerial decisions Foreign collaborations and foreign tax incidence on domestic companies
Financial Management and Policy	It involves studying structures, procedures, systems, and accounting decisions involved in an organisation. Some of the topics are – Introduction to financial management Objectives, Nature and Scope of Financial Management Planning and Management of Capital structures Decisions of Capital Budgeting Corporate Restructuring
Organisation Theory and Behaviour	This subject develops a theoretical understanding of the developing workplace environment and its organisational structure. Topics included are – Different Organisation theories and behaviour Decision making and Communication Stress management Concepts of leadership, power & conflict Contemporary theories of motivation Organisational culture and development
Managerial Economics	It includes studying economic methods to optimise the managerial decision-making process. The topics included are – Introduction to firm theories and its objectives Cost and Production Classification Consumer Behaviour Theories of Pricing Relationship of Price and Output in different market structures Case Study
Marketing Management	This subject involves the analysis of marketing strategies and customer perceptions to increase profit. Some of the topics included are – Traditional vs Modern view of marketing Marketing environment Market planning, organising, and control Product and Pricing Decisions

Typical MCom Elective Subjects

Check out the table below to know the major elective MCom subjects:

M Com Subject Name	Subject Details
Banking and Finance	It is a subject involving master-level banking and finance study. It includes the study of banking concepts, banking laws, financial concepts, and financial management.
Commercial Bank Management	Students are taught how to manage banking activities and cultivate skills to take on leadership roles in the finance industry. They are made familiar with concepts and practises in functional areas of banking management activities.
Entrepreneurial Management	It involves the study of the introduction of entrepreneurship, strategic management, business ethics, social responsibility, etc. It familiarises students with the concept of entrepreneurship.
Financial Markets	This subject involves the study of pricing, fees, cost management, basic trading regulations, factors involved in market pricing, and security.
Human Resource Management	This involves the effective understanding, development, and management of human resource relations.
International Finance	This course develops professional individuals with specialised skills and applied global competencies in financial management areas.

MCom Specialisations

Master of Commerce (MCom) is a vast course providing various subjects and specialisations. Every specialisation focuses on a unique set of skills and knowledge so that there are various individuals with unique expertise. After completing the course, candidates can find employment in a variety of positions, including operation manager, business analyst, cost accountant, and many more. The subjects included in the programme might differ according to the specialisation opted. Some of the important specialisations offered in MCom are mentioned below.

M Com Specialisation Subjects	Subjects	Details
Finance	Financial Market & Institutions Project Management & Financial Services Security Analysis & Portfolio Management International Finance	This course offers specialisation in financial fields involving accounting, banking, financial management, and financial control. One can choose which field they want to focus on and develop the skills and knowledge for that area.
Marketing	International Marketing Marketing Research Consumer Behaviour Advertising & Sales Management	This course is typically based on research, focusing on various aspects of marketing like consumer behaviour, market research, the study of functional areas of marketing, marketing management, etc. This familiarises students with ethics involved in marketing, quality management, and advertising.
Taxation & Insurance	Corporate Tax Planning Insurance Management Actuarial Practises Principles and practices in the Indian Taxation System	This course involves study about policies regarding taxation and insurance and their management. It includes solving taxation problems, researching tax literature, familiarising with the taxation system & its ethical (and legal) obligations, analytical review of tax returns, learning concepts & objectives of insurance, and the policies regarding them.
Human Resource Management	HR Training HR Development Industrial Relations Transformation Management	This course involves studying effective understanding, development, and management of human resource relations in an organisation. It focuses mainly on business communication skills and decision-making abilities to cultivate rational human resource graduates.
Computer Applications & IT	E-Commerce Computer Application in Business	This course aims to pass on the knowledge extensively to students so that they can understand the computer applications and software involved in various fields of commerce. It also teaches about the role of technological advancement in a business.

MCom Books and Authors

The focus of a master's degree in commerce can be on actuarial science, accounting, financial reporting, business administration, economics, statistics, finance, human resource management, marketing, or supply chain management, among other fields. Since Master of Commerce is a highly versatile field with many specialisations, students follow a wide range of books during their post-graduation. Listed below are some books highly referred to by the students pursuing MCom.

Book Title	Author	Book Description
Principles of Accounting	Dixon Cooper, Mitchell Franklin, and Patty Graybeal	This book is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting.
Financial Management	I.M. Pandey	This book highlights the modern, analytical approach to corporate finance decision-making.
Organisational Behaviour	SP Robbins	This book reflects the most recent research on organisational behaviour and topical issues facing organisations, managers, and employees.
Business Taxation	Radhakrishnan P	This book is highly sought after by MCom pursuers. It highlights the concept and objective of the taxation system, how taxation impacts business, and the Indian taxation system.
Cost Accounting	M P Gupta	This book has been specially written to meet the requirements of MCom students. It has around 200 illustrations and approximately 130 solved problems to help students understand the concepts better.
Investment Analysis and Portfolio Management	Frank K Reilly, and Keith C Brown	This book combines solid theory with its practical applications. Combining investment instruments and capital markets with theoretical detail on evaluating investments and opportunities to satisfy risk-return objectives, it helps students in learning about money management to get the maximum benefit.

MCom Distance Programme Syllabus

Students who cannot afford full-time courses can get their degrees through distance education. Also, students who cannot meet the eligibility requirements for full-time courses opt for part-time or distance MCom programs. The syllabus of distance education programs is remarkably similar to regular programmes. The evaluation format is nearly the same as the regular courses. The minimum requirement for the distance program is securing at least a 50% aggregate score in graduation.

An MCom distance education syllabus typically includes courses in accounting, business economics, marketing, and more.

Accounting Advanced financial accounting, Cost accounting, Management accounting, Corporate accounting, and Business statistics.
Business economics Economic theories, and Application of economic theories to business decision-making.
Marketing
Marketing concepts, Marketing strategies, Marketing techniques, Market research, Product planning, Pricing, Promotion, and Distribution.
Other subjects
Taxation laws, Operations research, Human resource management, International business, Organizational behavior, Statistical analysis, Business environment, Managerial economics, Cost and management accounting, and Financial management.

Top universities for the MCom distance programme are IGNOU, Annamalai University, LPU Distance Education, Jain Online University, Chandigarh University, Netaji Subhas Open University, JECRC, and GITAM.

Table of contents

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

Following are the most popular M.Com Colleges in India. Learn more about these M.Com colleges (Courses, Reviews, Answers & more) by downloading the Brochure.

Shri Ram College of Commerce, University of DelhiDelhi

Admission '26 Placement Cutoff

M.Com Courses

1 Course (44+ Seats)

Exams

CUET-PG

Value of Money Rating

4.1

Placement Rating

3.6

Course Rating

4.220