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M.Com is popular among aspirants who wish to pursue a career as a teacher or lecturer. However, students have to enrol in PhD courses after completing the M.Com course.
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What is Masters of Commerce And what are its career opportunities? M.Com (Masters of Commerce) is a two years postgraduate course. Students can pursue a career in banking, investment, accounting, financial service, investment, economics and marketing. M.Com allows the candidates to work in almost all sectors. The M.Com admission will be conducted based on the merit or entrance examination. The top entrance exams are BHU PET, CUCET, PU CET and many more. M.Com is popular among aspirants who wish to pursue a career as a teacher or lecturer. However, students have to enrol in PhD courses after completing the M.Com course. Is M.Com Worth Doing It? Before pursuing any course, it is ideal that the students check out the worthiness of the course. In the current time where almost all the students prefer an MBA, the question remains the same: Is M.Com worth it? The answer is simple, yes. First of all, M.Com Bangalore is much cheaper than the other professional courses such as MBA or PGDM courses. At the same time, an MBA degree can be seen as a multidisciplinary course. The M.Com course only focuses on a specific aspect of commerce. But this does not mean that the M.Com course does not focus on other business management subjects. The M.Com program includes organisational management, organisational behaviour, and management principles. Also, the M.Com course duration is similar to MBA and is much shorter than a CA course. Thus, to reaffirm again, M.Com is worth doing. When to do M.Com? Students can pursue an M.Com degree immediately after completing their graduate programs. After gaining some experience in relevant fields, students can pursue this degree to improve their career prospects. Working professionals can follow this course in distance mode after their promotion or to upgrade their skills. Who should pursue the M.Com course? To start a career in the commerce stream, students should pursue the M.Com course. To pursue a career in Banking Financial Service and Insurance (BFSI) sector, students should pursue the M.Com course. Working professionals who have graduate certificates in commerce can pursue this course in distance mode to improve their job prospects. The M.Com course is ideal for pursuing a career as a Financial Manager. After graduation, students’ careers as an auditor can take up the M.Com course. Candidates to start their own business can pursue an M.Com course. Students aspiring to become a professor of commerce should pursue this degree for the PhD program. Salary The salary of M.Com holders is good in private and government sector organisations. The wage will be increased based on your proficiency, promotions, experience, etc. The teaching field is another lucrative career option for the M.Com degree holder. In the teaching domain, you will get a good salary.
Abroad, the salary of M.Com degree holders is much higher than paid in India. Your salary will depend on different factors such as the job profile, type of firm, experience, knowledge, skills, aptitude & many other factors. With experience, you can move on to a higher level position & get more salary. M.Com Jobs & Career M.Com graduates can start their career as an Accounts Manager, Sales Officer, Financial Consultant, Finance Manager, Company Law Assistant, Cost Accountant, Financial Advisor, Tax Consultant, etc. Account Assistant: This includes maintaining ledgers, preparing, assisting customers, distributing checks, and essential bookkeeping work. Cost Accountant: They usually perform routine analyses to help determine the type of operations and materials that are most cost-effective for the office. Business Consultant: Business Consultant role is to analyse the market, product lines and the overall profitability of the business. Investment Banker: Investment bankers help their customers to raise money in the capital market by issuing debt or selling their equity in the companies. Marketing Manager: Marketing managers are responsible for implementing, developing, and executing the organisation’s marketing plans. Finance Consultant: Finance consultants help their customers meet their short and long-term goals by advising them on tax planning, investment and retirement planning and others. Assistant Professor: Assistant professors are usually employed in institutes and universities and teach the younger generations everything about commerce and conduct research simultaneously. Operations Manager: Operations managers deal with the hiring procedures, setting up targets, team management and alike. Stock Broker: They usually deal with stocks and perform financial services for the company. Wrapping up We hope this information will answer your question “What to do after the M.Com course?” With the given number of choices in the education space, it becomes challenging to make a wise choice. Bangalore is a hub for top M.Com colleges, and students must think about pursuing this course from the city. Also, who doesn’t want to study in a thriving and happy city like Bangalore?