MCom Admission 2024: Fees, Entrance Exam, Dates, Eligibility, Application, Selection

A. Candidates can get admission on the basis of marks obtained in graduation while the other path expects students to appear in entrance tests conducted by the universities. After being shortlisted based on their performance in the entrance tests, candidates are ultimately chosen for MCom Admission 2024 through a process that generally includes Personal Interview (PI), and a Group Discussion (GD) round.

A. After obtaining MCom degree, a candidate can work in the BFSI sector, pursue a teaching or lecturer position, or do research. MCom degree holders have numerous work opportunities in the private, public, and government sectors.

Nationalised banks, railways, Income Tax, and other government departments are excellent places for MCom graduates to pursue a stable and profitable career. People who have completed the MCom programme might find employment in both the private and public sectors. Salaries vary by field and are determined by the recruiters' skills, qualifications, experience, and other particular needs.

A. MCom is most appropriate for applicants who want to work in the banking, accounting, financial, or investment sectors. To undertake this two-year curriculum, students should be familiar with economics and business. Those possessing a minimum grade point average of 50% in their undergraduate studies in commerce (BCom, BCom Honours) are eligible to pursue the MCom programme. Those who wish to be professors or lecturers frequently pursue an MCom degree. Students must engage in PhD studies after completing the MCom course.

MCom Admission 2024 Relevant Link: What is Income Tax? How to calculate it?

A. Masters of Commerce or MCom is a two-year postgraduate programme for students interested in accounting, banking, investing, financial services, investment, economics, and marketing.

Candidates who have finished their graduation from a commerce background (BCom, BCom Honours) with a minimum score of 50% pursue study MCom and gain in-depth specialisation. The MCom Admission 2024 will be based on merit or through an admission examination. The leading entry tests include the BHU PET, CUCET, PU CET, and many others.

A. For students enrolling for MCom admission in 2023, top universities have special admissions requirements. Another common technique of enrolling is MCom online admission without an entrance exam. Students can click on the links below to get an idea of some popular colleges offering MCom courses:

Click on the links below to find popular MCom colleges in India as per the entrance exams score acceptance.

• Top MCom Colleges in Bangalore 
• Top MCom Colleges in Delhi/NCR
• Top MCom Colleges in Mumbai
• Top MCom Colleges in Hyderabad
• Top MCom Colleges in Uttar Pradesh
• Top MCom Colleges in Tamil Nadu

A. Before choosing a college, students should consider a variety of aspects. Candidates should first decide on a suitable location, then compute the costs and total number of seats in the MCom course offered by the institutes. Aspirants should also visit college websites to stay up to speed on crucial details and the admissions process. They must also examine the age limit and the documentation required for admittance.

Students who are interested might continue reading to learn about the total fees available at several top MCom colleges.

A. The list of modifications made to the CUET PG 2024 exam for the 2024–2025 academic year is as follows:

• A generic paper will not be available for the CUET PG 2024 test. This year, the applicant has the option to select "General Paper" as their subject.
• The candidate may select Hindi or English for the comprehension portion of the exam when registering.  
• Less options for the CUET PG 2024 question paper: Up until last year, test takers could select up to 20 different test paper codes; starting this year,
• However, they can select up to four different question paper codes.
• The exam would last for 105 minutes.
• There will be 75 questions on the question paper. 
• CUET PG 2024 examination centres reduced to 300 from 313.

A.Yes, there are coaching centres that offer IPU CET preparation courses both online and offline. Popular coaching centres in Delhi for preparing for the IPU CET include Vidya Mandir Classes, FIITJEE, TIME, and Career Launcher. These institutions offer study materials, practice exams, structured classroom coaching, and direction from knowledgeable faculty members.

It is up to each individual whether to enrol in a coaching programme; many students also choose to study independently for the test utilising books and internet resources.

A. The application cost will only be reimbursed if the transaction fails. Upon successful payment of the charge, there will be no reimbursement. Therefore, before applying for a course, the candidate should review all the information regarding the requirements for eligibility, the application, etc.

The Jamia Millia Islamia University has released the JMI application form 2024 on its official website. Candidates meeting the minimum eligibility criteria can fill out the JMI 2024 application form online mode from JMI's official website - jmi.ac.in/ajkmcrc. 

A. After earning a degree in commerce, there are lots of professions available. Opportunities for employment following an M.Com. primarily depend on the PG degree programme's speciality. The following are some MCom specialisations that aid in obtaining a well-paying position.
Finance: Among the jobs that can be obtained with an M.Com degree in finance are those of a banker, management consultant, stockbroker/trader, actuary, and financial analyst.
Banking and Insurance: An M.Com in Banking and Insurance specialisation can lead to a respectable salary in positions such as Development Officer, Internal Auditor, Investment Analyst, Insurance Manager, Loan Counsellor, Loss Control Specialist, and so on.
International Accounting: Applicants with an M.Com degree majoring in international accounting may find employment prospects in several multinational companies as accountants.

Economics: Careers that can be pursued with an M.Com degree in Economics include those of an economist, statistician, market researcher, credit analyst, financial analyst, lecturer, etc.

Taxation: Graduates with an M.Com. degree with a tax concentration may find employment as counsellors to tax law courts or financial advisors. One can also pursue careers as a tax accountant, tax consultant, or financial analyst.

A. Yes, it is mandatory to take the entrance exam for MCom admission 2024 in good ad reputable colleges in India. However, some colleges may also admit students based on their undergraduate academic performance, relevant work experience, or other criteria.

Therefore, it's essential to check the specific MCom admission requirements of the MCom program candidates are interested in applying to. 

A. An MCom typically focuses on advanced studies in Commerce-related subjects such as accounting, finance, economics, and business management. It may offer specializations in areas like Accounting, Finance, Marketing, or International Business.

On the other hand, an MBA offers a broader curriculum covering various aspects of business management, including finance, marketing, human resources, operations, strategy, and leadership. It often provides opportunities for specialization in specific areas like finance, marketing, Entrepreneurship, or consulting.

Ultimately, the decision between an MCom and an MBA depends on your circumstances, career aspirations, and preferences. It's essential to research both options thoroughly, consider your long-term goals, and choose the program that aligns best with your objectives.

A. Yes, some MCom programs may include elements of mathematics, particularly in courses related to Finance, quantitative analysis, or Economics. 

While mathematics may not be a central focus of an MCom program as it would be in a degree like a Master of Science in Mathematics or a Master of Mathematics in Finance, 

For example, topics such as financial mathematics, statistical analysis, quantitative methods in business, or econometrics may involve mathematical concepts and techniques.

A. Typically, candidates cannot pursue an MCom directly without first completing a UG degree. However, some colleges offer MCom courses based on Class 12 scores. These are as follows:

A. No, while a BCom is a common and preferred prerequisite for an MCom, it is not always strictly compulsory. Some universities may accept candidates with a bachelor's degree in a related field, such as Economics, Business Administration, or Accounting. 

However, the specific admission requirements vary by institution, so it is essential to check with the particular university or program you are interested in to understand their eligibility criteria.

A. The top MCom specialisation that are offered in India are as follows:

• MCom in Accounting & Finance
• MCom in Human Resource Management
• MCom in Marketing
• MCom in Foreign Trade Management
• MCom in International Business
• MCom in Banking & Insurance
• MCom in Finance
• MCom in Economics

A. There are two ways to gain admission to PG courses:

• Direct mode: For this mode of admission to the MCom course, you must have secured at least 65% or above in BCom from Delhi University.
• Entrance-based: To gain admission to the MCom degree program, you must have obtained at least 50% marks in aggregate from any UGC-approved institution. If you are unsure about the application procedure, refer to the admission prospectus available on the university website.

Visit the official DU SOL website during the admission period and complete the online registration process. You may need to create an account on the admission portal and accurately fill in the required details.

A. Yes, a good percentage in MCom can enhance your eligibility for admission to an MBA program, even if your BCom grades were lower due to unavoidable circumstances. Many MBA programs consider a combination of academic achievements, professional experience, and entrance exam scores. 

A strong performance in your MCom demonstrates your academic capabilities and can help offset lower BCom grades. 

Additionally, providing context about the challenges you faced during your BCom can be valuable during the application process.

A. The admission process for MCom at Delhi University up until 2021 was offered across two categories: Direct Admission and Through Entrance Test. Also, along with the entrance exam, interview rounds were also conducted for admission to Delhi University PG programmes.

There was no minimum age limit to take admission to the MSc programme offered by the university. However, DU PG admission 2022-23 was subject to a valid score in DUET as announced by the University. Starting 2023, the admission process of DU for its postgraduate courses, such as MA, MSc and MCom will be subject to the CUET-PG exam conducted by NTA.

After the results, qualified students will be required to appear for the seat allocation process conducted by the university for final seat allotment. While there is no information on direct admission on the official website of DU or its affiliated colleges students are advised to visit the admission office for more details on the same. 

A. MCom or Masters in Commerce is a two-year post-graduation degree offered at various colleges in India. The course is ideal for students who wish to pursue a career in banking, finance, accounting and different commerce sectors.

The demand for commerce students has increased in recent years, owing to a rise in the number of businesses. Admission to MCom is based on the merit of a BCom from a recognised university or college. It, too, is based on an entrance exam. The MCom admissions process is different for every college. 

The minimum eligibility criteria to apply for MCom is 50% aggregate in BCom or BCom (H) from a recognised university or college. Some universities also accept students who have completed their graduation in Economics (H), BBA, or BBE with a minimum of 60% aggregate. Eligible candidates must apply online at the college or university's website, along with scanned copies of the needed documents. The application cost must be paid online. 

A. IGNOU offers a two-year MCom programme. Interested students can apply online on the official website and the final selection is completely merit-based. The eligibility criteria for each of the four specialisations under MCom along with their course fee is mentioned in the table below:

• Eligibility: Bachelor’s degree or a higher degree from a recognised university

• Duration: 2-4 years; offered in both January & July cycle of admissions.

• Fee structure: INR 16,200 for full programme | Year-wise: INR 8,100

• About the course: To be eligible for the award of the Master of Commerce (MCom) degree, students are required to complete 12 courses equivalent to 72 credits (1 credit is 30 study hours) comprising of six core courses and six specialization courses. They are awarded Postgraduate Diploma in International Business Operations on completion of all first-year courses worth 36 credits and a Master of Commerce degree with a specialisation in International Business Operations after completion of all 72 credits.

A. In order to pursue a Master of Commerce (MCom) course at Dravidian University, candidates should be aware of the eligibility criteria of the exam. To get admission in MCom course, candidates should have done their Bachelors’, preferably BBA or BCom, from a recognised university and should have secured a minimum 55% marks.

A. For MCom course, candidates must have pursued BCom with a minimum 50% aggregate. MCom from DU SOL admission is both merit and entrance-based depending upon the availability of seats.

50% seats of the total are filled by direct admission with the students of Delhi University only. The remaining 50% of the seats are filled through the entrance examination and Interview/ Group Discussion with students who are outside Delhi University.

A. Generally, most Indian B.Com graduates are eligible to take the CPA exam. Every year of university education in India is equivalent to 30-semester credits of US Education, totaling 90 credits at the end of 3 years. If B.Com is completed in 1st division from a NAAC 'A' university, the 3-year B.Com would be treated as 4 years of US education, I. e. , 120 credits for B.Com alone.

Having a 2-year Master's degree (e. g. M.Com MBA) contributes to 60 education credits. Further, professional qualifications like CA/CS/CWA are recognised by few States as 2 years of US education. In case yours is a NAAC 'A' college, you'd be able to appear for the exams. Even if that's not the case, you can pursue bridge courses to get the credits. For additional information, you can write to me or visit Miles Education's website.

A. Yes, you can get direct admission for M.Com. But, you have higher prospects with an entrance exam.

A. You can get admission in integrated M.Com, even if you didn't had or took maths in class 12th.

If you are from Commerce background, your class 11th and class 12 commerce knowledge will help you as foundation are being taught in class 11th and class 12th. Best of luck.