About MBA and M.Com and Difference between M.Com and MBA.
The Master of Business Administration is an globally familiar and geographically convenient post-graduate, post-experience abstract course in a number of focuses that composed can be said to establish the science of management.
It is envisioned for those who effort in business and management who pursue career progress, business tenure, or technical assistances and business knowledge. The experiments forced by the 21st Century place a high superior on advancement skills and qualifications in order to meet the stresses set by companies, customers and the environment that bosses operate in.
Functional areas of management include: Human Resource Management, Operations Management, Marketing Management, Information Management, Financial Management, Strategic Management and Organisational Behaviour. At the conclusion of an MBA curriculum, the graduate arises with an higher level knowledge of functional managerial and business subjects as well as new theoretical skills ready to meet the burdens that are set by the competitive business atmosphere.
Though, in adding to emerging sturdy technical skills, today’s managers requisite be able to encouragement people, interact with a broad spectrum of generations, customers and dealers; and negotiate with entities from all walks of life. They need distinguish how their corporation relates to contestants in both the micro and macro business environments.
Masters of Commerce is a post graduate level option perfect for applicants who wish to make a profession in banking financial service and insurance (BFSI) as well as accounting and commerce segments. The two-year progression delves deeper into the operational of the economy, capital, revenue, trade, taxes, etc. trained in BCom.
Since MCom is a particular area in itself, only those applicants who have followed BCom or BCom (H), can follow it. MCom is also a good option for CA/CS applicants. Though, not many CA/CS candidates follow MCom as CA/CS options can be followed after Class 12
MCom is utmost popular among ambitious teachers/lecturers and researchers. UGC-NET/JRF and Ph.D. are among prevalent options for MCom degree receptacles. Admittance to MCom in top colleges is done through an entry exam. Many universities offer merit-based admittance to the course.
MBA v/s M.Com: About
Master of Business Administration is a specialized postgraduate course that prepares a applicant for taking up decision-making positions at main sectors in businesses. MBA is one of the most prevalent choices of courses across numerous industries. The course teaches student basic aspects of management, promotion, sales etc. while also imparting in-depth understanding of finance, accounting and other associated subjects.
Master of Commerce is a postgraduate course that includes a thorough study of subjects such as finance, accounts, computer presentations etc. The course prospectus of MCom also includes management-related focuses but the emphasis of the course lies in ornamental the theoretical knowledge of a scholar. MCom course enhances the practical value of a scholar and helps prepare them for a profession in core areas of commerce and commercial applications.
MBA v/s M.Com: Summary
|Full Title||Master of Business Administration||Master of Commerce|
|Suitability||Graduation in any stream||Bachelor’s degree in Commerce with Maths, Economics or Accounts|
|Admission Process||National / State / College-level Entry Exam + GD / PI||Entrance Test + Counselling|
|Entrance Examinations||MBA Entrance Exams in India||M.Com Entrance Exams in India|
|Topmost Colleges||SP Jain School of Global Management (SPJSGM), MumbaiLovely Professional University (LPU)Shoolini University (SU), SolanApex University, JaipurQuantum University, Roorkee||Amity University, ManesarShri Ram College of Commerce (SRCC), DelhiManav Rachna University (MRU), FaridabadChandigarh Group of Colleges – (CGC), Landran, MohaliSAM Global University (SGU), Bhopal|
|Regular Course Fee||Rs. 6 – 8 lakhs||Rs. 1 lakh|
|Regular Starting Salary||Rs. 7 LPA||Rs. 4 LPA|
|MBA Specializations||M.Com Specializations|
|Finance Marketing International Business Business Analytics Human Resource Management Information Technology (IT) Supply Chain Management etc.||Finance Banking and Insurance International Accounting Economics Taxation E-Commerce Statistics etc.|
MBA v/s M.Com: Which is better?
|Cost||MBA is usually an expensive course. Liable on the college, you may have to apply Rs. 10 – 13 lakhs on an MBA course.||MCom is a very reasonable course, particularly in government colleges. An MCom option can usually be finished within Rs. 1 lakh.|
|Recognition||Widely-recognized in the Indian as well as worldwide markets||A known course in India but not as much global recognition.|
|Who is it for?||Great for applicants who wish to take up management places in private industries.||Best for applicants who either want to take up teaching or research in Commerce or Finance.|
|Core Recruiting Areas||Marketing, Advertising, Analytics, Business Administration, Private Organizations, Particular Sectors||Financial Research, Stock Market, Tax system, Banking & Insurance, Government Jobs|
|MBA Finance Subjects||M.Com Finance Subjects|
|Financial Management Portfolio Management International Finance Financial Accounting Organizational Behaviour Corporate Investment Management Borrowing etc.||Business Economics Baking & Technology Financial Markets and Services Investment Management Risk Management Marketing Management Quantitative Techniques for Business etc.|
MBA V/s M Com: Course Curriculum
- Economic Statistics
- Organisational Behaviour
- Business Ethics
M. Com Curriculum
- Organisation Theory & Behaviour
- Financial Management & Policy
- Statistical Analysis
- Economic Analysis
- International Business
- Human Resource Management
- Marketing Management
- Strategic Management
- Business Environment
- Quantitative Techniques for Business Decisions
- Managerial Accounting
- Accounting Theory & Practice
MBA V/s M. Com: Personal Skilfulness Set
Personal skills are beneficial in all parts of your life, additional so in your education. These skills will assistance you do well. You also get to advance them further.
MBA Personal Skill Set
- Communication skills
- Management skills
- Teamwork skills
- Problem-solving skills
- Interpersonal skills
M. Com Personal Skill Set
- Mathematical skills
- Logical skills
- Organisational skills
- Communication skills
- Teamwork skills
Career After MBA
- Banking, Financial Services and Insurance (BFSI) Sector
- Management Consultancy
- Investment Banking
- Private Companies etc.
job profiles offered to MBA graduates.
- Marketing Manager
- Project Manager
- Human Resource Manager
- Business Analyst etc.
Career After M.Com
some core recruitment areas for M.Com Graduates.
- Banking Sector
- Accounting Firms
- Indian Statistical Services
- BCom Colleges in India etc.
job opportunities for M.Com graduates include the following.
- Financial Analyst
- Finance Consultant
- Investment Banker etc.
Thats it in Difference between M.Com and MBA. Also check LLB exam paper.