M.Com

UK is cheaper than other countries. Only universities can take international students and so you can not apply for colleges.
You can look at the following universities,
Greenwich University (www.gre.ac.uk)
Angelia Ruskin University (www.aru.ac.uk)

M.Com because you can choose your specialisation better in M.Com as you have the required knowledge of B.Com. I would suggest you to take up M.Com.

Dear Ajay,
Exact difference between MBA and M.Com is of course structure. Course structure of MBA is designed to become you a management expert. Needless to say management professional are in demand in every part of business (don't worry about job opportunities). On the contrary, M.Com is for commerce student. This made you perfect in taxation, law and commercial activities. To get a lucrative job it is necessary that you need to do your MBA and M.Com from a top level institutions.

You can go for ACCA. ACCA stands for the Association of Chartered Certified Accountants a leading international accountancy body. The ACCA qualification is recognised and is treated in other countries as being equivalent to their local qualification.

The minimum qualification for admission to the M.Phil program will be at least 55% marks in the aggregate in M.Com./ MIB/ MHROD/ MFC/ MBA and other such degrees which are equivalent to the MBA degree of the University of Delhi and other Indian universities. However, the candidates with degrees other than M.Com.