M.Com. - Colleges, Courses, Fees & Scope
27 M.Com. Colleges in 6 Countries Offering 49 Courses
Top departments that students want to study in M.Com. are Commerce, Aerospace Engineering, Mathematics, Agriculture and Astronomy. Some of the top universities for studying M.Com. from abroad are - University Of Melbourne, University Of Auckland, Massey University, University Of Queensland, Massey University. The average tuition fee for the first year for studying M.Com. from abroad averages at around $27282. Applications to some of the universities & colleges are free but to some, they are paid. The average application fee for applying to colleges abroad stand at $12.
Details about top universities for studying M.Com. abroad – One of the most famous university is University Of Melbourne. The University Of Melbourne is located in parkville,Australia. provides 2 courses under their M.Com. program. The courses are Master Of Commerce - Actuarial Science & Master Of Commerce - Actuarial Studies. Next comes the University Of Auckland which is located at auckland, New Zealand. University Of Auckland provides 2 courses under their M.Com. program. The courses are Master Of Commerce & Master Of Commerce - Accounting.Next comes the Massey University which is located at palmerston-north, New Zealand. Massey University provides 2 courses under their M.Com. program. The courses are Postgraduate Diploma In Agricommerce & Master Of Agri Commerce. Connect with AdmitKard Experts to know more about studying M.Com. in abroad.
Overview
If you are in search of a Master’s degree that leads to specialized positions in public and private sector, and has an emphasis on subjects such as commerce, accountancy, management and other economics-related subjects, then Master’s of Commerce is the ideal course for you.
TYPE
A Master’s in Commerce, usually shortened as M.Com, is a full-time study course for two-years, that includes theory, thesis and even research. An M.Com degree, unlike the generalized MBA and even some professional courses in commerce, is a specialization degree, as it emphasises on theoretical input.
Exams Required
M.Com is a masters program which can be cracked easily through GRE. In case of abroad certain english proficiency tests are required to be qualified.
It includes giving TOEFL, ILETS exams and scoring the desired scores in the exams according to the specifications.
| TEST | MINIMUM SCORE |
| TOEFL | 80 |
| ILETS | 6.5 |
Course Details
The course is a specialised course for the students of finance and corporate sector . It focuses on teaching organisational topics,statistical analysis, financial management and strategic management.
It can be pursued from different specialisations and is pursued by professionals after achieving a desired objective in the corporate field. It is a 2 year course providing enough experience in the field.
Salary Details
A M.Com postgraduate is preferred across different sectors and an individual who has recently completed the degree is easily welcome to the industry at various positions.
The preferred position is executive assistant with a salary of Rs. 35000 per month an an average basis.
Top Universities For M.Com
- University Of Sydney
- University Of New South Wales
- Victoria University Of Wellington
- Australian Catholic University
- IIBIT Adelaide
Top Colleges For M.com By Location
- USA- Harvard University
- Australia- RMIT University
- UK- Oxford University
- USA- Yale University
- Sydney- University Of Sydney
- Australia- Australian Catholic University
M.Com Course Details
| Course Detail | Specification |
|
Level |
Postgraduate level program |
|
Duration |
2 Years |
|
Type |
Degree Course |
|
Eligibility |
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|
Admission Process |
Students can take admission by applying online to the university portals and they need to submit their scorecards and other required documents. There are few universities which also conduct entrance test which has to be cleared by the student. |
|
Course Fee |
The average per year M.com tuition fee costs 5-6 lakhs (India) and 10-30 lakhs(abroad) |
|
Average Salary |
The average salary for a M.com student is 4-5Lacs per annum. |
|
Top Recruiters |
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|
Position Offered |
|
M.Com - Top Universities
The majority of universities are located in USA catering to individuals needs and requirements . USA being a developed nation is quite expensive. The detailed structure is given below:
|
University Name |
Location |
Fees |
|
University Of Sydney |
Sydney Region: Australia |
1st-year tuition fees 32.65 lakhs |
|
Oxford University |
Oxfordshire Region: UK |
1st-year tuition fees 20 Lakhs |
|
University Of New South Wales |
Kensingston Region: Australia |
1st-year tuition fees 23.8 lakhs |
|
Victoria University Of Wellington |
Wellington Region: New Zealand |
1st-year tuition fees 27.59 lakhs |
|
Harvard University |
Cambridge Region: USA |
1st year tuition Fees 50 lakhs |
M.com-Requirements and Eligibility
The eligibility for M.com for most of the universities is High school 10+2 with a minimum of 60% marks and an English proficiency test score. Entrance exams are conducted by various universities in order to facilitate the admission process and many colleges provide admission merely on the basis of the merit of the candidate.
The general documents that are required for applying for a Mcom degree are:
- Acceptable High School Certificate
- High School Proficiency Examination Certificate
- English Language Proficiency Certificate
- Percentage minimum requirement:70
- TOEFL: IBT- minimum overall score of 80;
- IELTS: 6.5 overall with no band score below 6.0
- PTE: 42-45 with no skill score below 50.
- SAT Average Score: 1270
M.Com-Admission and Procedure
Students have two options to get their admission to the programme. First they can fill up the applications online on the university portals or secondly they can sent their documents in order to be get accepted for the purpose.
The universities admission dates are on their official websites and for abroad universities, the admission takes place in summer, fall and winter seasons. Applications can be sent online or through physically visiting the place Then the student has to submit the necessary documents which generally includes:
- Acceptable High School and class 12th transcripts
- High School Proficiency Examination Certificate
- Financial account Information in case any aid is required
- English Language Proficiency Certificate
- Visa certificate
M.Com- Course and Syllabus Details
M.Com is he first professional course that is taken uafter completing its graduation therefore it gives a full insight and detailed overview of all the aspects of commerce in a detailed manner . The subjects provide a great base of both practical and theoretical knowledge of students in order to conceptualise it properly.
The most acceptable and preferable duration is 2 years of 4 semesters although the time limit comes down to 15 months if you pursue it from abroad.
| Subjects | Topics Covered | Objective |
| Management Expertise and Principles | Practical concepts related to management | It is basically a way to introduce the candidate with what actually is practical aspects of management. |
| Accounting for managerial decisions | Financial Accounting, Management Accounting | Accounting focuses on the practical concepts |
| Inter Personal Relations | Business Relations, HR Relations, Industrial Relations | An insight into better resource utilisation |
| Statistical Research | Operational Research, Production Research | A view into the production aspects of the industry |
| Operational Management | Marketing, Operational research, Entrepreneurship | How to make strategies to make a business efficient? |
M.Com-Average Fees and University Wise Course Fees
M.Com is the course pursued by students in order to gain an edge over others in the form of professional knowledge , therefore the fees for this course is little high and is subjected to various other options. The course is of 2 years with an average fees of approximately Rs. 3 lakhs per year and it keeps on varying with the university.
|
University |
Tuition Fees |
Other Expenses |
| University Of Sydney | 32.65 lakhs | 5.3 lakhs |
| Harvard University | 50 lakhs | 7.2 lakhs |
| Victoria University Of Wellington | 27.59 lakhs | 6 lakhs |
| Oxford University | 20 lakhs | 4.5 lakhs |
| University Of New South Wales | 23.8 lakhs | 5.4 lakhs |
M.Com-Career Scope
Master’s of Commerce graduates can pursue jobs in the following domains, which are -
- Human resource management
- Marketing management
- Brand and product management
- Business Policy Adviser
- Corporate Advisor
- Financial manager
- Customer Acquisition
- Chief Financial Officer
- Sales management
- Operating
- Consulting
Job & Salary Scope
Major recruiters for M.Com graduates around the world are-
- Accenture
- Infosys
- Tata Consultancy Private Limited
- Genpact
- TechMahindra
- Ernst & Young
- Wipro
- Vodafone
- HSBC
- Capgemini
- KPMG
|
Position Offered |
Average Salary |
|
Executive Assistant |
Rs.50000 |
|
Assistant Manager |
Rs.40,000 |
|
Senior Account Executive |
Rs.35,000 |
In fact, if you wish to study further, then you can go ahead in the following fields and subjects.
- Master of Business Administration
- Chartered Accountant
- Chartered Financial Analyst
- B. Ed/ Teaching
- LLB/ Law Studies
- Computer Science and Technology
- M. Phil courses
- PhD/ research studies and thesis.
Thus, if you wish to make a career in commerce and economics, learning all the theoretical and practical applications of the same, then Master’s of Commerce from a reputed university abroad, can help you achieve your dreams.
