Regular M.Com Program Career Prospects
Regular M.Com degree holders have ample scope for the job in the finance and corporate sector. After finishing the degree, they can choose and apply to different jobs, like operation manager, finance consultant, investment banker, marketing manager, accountant and business analyst. The salary provided in different professions differs from sector to sector depending upon the skills, qualifications, experience, and other specific demands of the recruiters. As freshers or at the entry level the average salary package provided differs from Rs. 2 lakhs per annum to Rs. 5 lakhs per annum. The experienced person can earn up to Rs. 8 lakhs per annum.
The details regarding some job opportunities are provided below:
Job Roles
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Job Details
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Operation Manager
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Operation Manager deals with the hiring procedures, setting up targets, and team management.
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Finance Consultant
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The finance consultant guides the client on tax planning, investment, and retirement planning.
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Investment Banker
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Investment Banker helps clients to raise money in the capital market and issue debt or sell their equity in the companies.
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Marketing Manager
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Marketing Manager helps the organization and institute to develop and implement the marketing plans of the organisation.
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Accountant
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An accountant takes care of the finance-related matters of the organisations or institutes. He keeps a record of the expenses that occur throughout the year with the help of accounting software. He also makes the organisations aware of the existing funds and future expenses. An accountant prepares and distributes cheques, and manages record-keeping work at banks and account departments of various organisations.
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Business Analyst
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A business analyst analyzes the market, product lines, and the overall profitability of the business. They analyse the problems and look for a suitable solution.
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Frequently Asked Questions
Ques. What is an M.Com course?
Ans. M.Com (Master of Commerce) is a postgraduate degree program in commerce and finance-related subjects, focusing on advanced studies in accounting, economics, management, and business principles. This course aims to enhance students' understanding of business practices, finance, and trade to prepare them for various career opportunities in the corporate world.
Ques. What are the eligibility criteria to apply for M.Com?
Ans. The minimum eligibility criteria for M.Com is 50% combination in B.Com or B.Com (H) from a recognized college or university. Some universities also accept students who have completed their graduation in Economics (H), BBA, or BBE with a minimum of 60% aggregate.
Ques. Can I become a CA after doing an M.Com?
Ans. Yes, of course! You can study a CA after doing an M.Com. You can also pursue it side by side during M.Com. There isn't any age bar to study CA, consequently, you could study it anytime. It will take a minimum of 3-5 years to finish CA.
Ques. Is M Com better than an MBA?
Ans. M.Com graduates experience appealing income courses and are in call for throughout each public and personal fields. On the contrary, studying an MBA complements one's abilities, expertise, and expert network, beginning doorways to more promising career prospects and offering valuable insights into entrepreneurship.
Ques. Can I do an M.Com after BBA?
Ans. Yes, students from the BBA course are eligible to join M.Com The students who have finished their BBA degree with 50% aggregate from any recognized university in India and abroad are eligible to apply for the M.Com program.