about M.com or MBA which is better.
MBA and M.Com are both upright selections of postgraduate course for a Commerce student. Though, both of these courses are massively dissimilar in a number of features, with their core emphasis areas.
MBA is a expert course that emphases more on industry-requirements and helping scholars get better management professions. On the other hand, MCom is a course aiming theoretical awareness in the field of Commerce. While an MBA prepares a applicant for a career in business supervision and management, MCom is an outstanding course for educational pursuits in Finance and Commerce.
Scholars who have accomplished a B.Com course are often tangled about whether they should go for an MBA or MCom after graduation. In order to figure out which option is the top, a scholar must take a close look at the salient features of each option.
we have provided a information of MBA and Mcom course in India. We take a look at how the two courses compare so that you can choose best course for post-graduation.
Master of Business Administration is a specialised postgraduate course that makes a applicant for taking up managerial places at key subdivisions in businesses. MBA is one of the most widespread selections of courses across numerous industries. The course teaches student basic features of management, promotion, sales etc. while also teaching in-depth awareness of finance, accounting and other associated subjects.
Master of Commerce is a postgraduate course that includes a comprehensive study of focuses such as finance, financial statement, computer applications etc. The course program of M.Com also includes management-related topics but the focus of the course lies in ornamental the academic knowledge of a scholar. M.Com course improves the academic worth of a scholar and helps make them for a career in essential areas of commerce and commercial applications.
MBA concentrations – During the MBA development, you will have to select from specializations like Marketing, Finance, Human Resources Management, Operations Management, Business Analytics, Logistics & Supply Chain, and International Business as MBA is meant for expertise. All these specialisms relate to dissimilar parts of a business. You create a career in the specialism you select.
M. Com concentrations – M. Com degree progression has specialisms like Taxation, Economics, Accounting, Mathematics, Statistics, Banking & Finance, Computer Application, Marketing, Business Management, and Finance & Control you can choose according to your interest. The specialism you pick will become your profession path.
also check annual system of examination.
MBA V/s M.Com: tabular comparison
|Full Name||Master of Business Administration||Master of Commerce|
|Eligibility||Graduation in any stream||Bachelor’s degree in Commerce with Maths, Economics or Accounts|
|Admission Process||National / State / College-level Entrance Exam + GD / PI||Entrance Test + Counselling|
|Entrance Exams||MBA Entrance Exams in India||MCom Entrance Exams in India|
|Top 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|
|Average Course Fee||Rs. 6 – 8 lakhs||Rs. 1 lakh|
|Average Starting Salary||Rs. 7 LPA||Rs. 4 LPA|
|MBA Specializations||MCom 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.|
Profession After MBA
MBA is a progress that prepares a applicant to take up administrative roles in various officialdoms. Due to the outstanding experience in various supervision and management-related subjects provided by the course, MBA graduates are in great demand, particularly in private establishments and startups.
MBA course is taken up by numerous applicants after attainment some work knowledge in their desired field. An MBA degree helps specialists to obtain main skills required for administration posts and climb to higher places in their industry. Here are some recruiting areas:
- Banking, Financial Services and Insurance (BFSI) Sector
- Management Consultancy
- Investment Banking
- Private Companies etc.
Some job profiles.
- Marketing Manager
- Project Manager
- Human Resource Manager
- Business Analyst etc.
Profession After M.Com
MCom is a presumed course with a extensive scope in the government as well as the private subdivision. Even still the course comprises management subjects, M.Com graduates are usually not chosen for managerial stakes. In its place, maximum of the profession chances for M.Com arise in parts linked to accounting and finance, which need in-depth awareness of essential subjects.
M.Com is in use for B.Com graduates direct after finalising graduation. Several graduates also take up M.Com study while following a Chartered Accounting (CA) since both the progressions have a alike syllabus. M.Com is also a decent course for a applicant who is preparing for employment exams in allied public sector departments. M.Com is also a decent course for applicants who wish to take up schooling after post-graduation. Numerous M.Com graduates also take up B.Ed (Bachelor of Education) after finishing postgraduate studies.
Here are some recruiting areas:
- Banking Sector
- Accounting Firms
- Indian Statistical Services
- BCom Colleges in India etc.
Some job profiles
- Financial Analyst
- Finance Consultant
- Investment Banker etc.
MBA v/s M.Com: Which is better?
|Cost||MBA is usually an exclusive course. Dependent on the college, you may have to devote Rs. 10 – 12 lakhs on an MBA course.||M.Com is a very reasonable course, particularly in government colleges. M.Com course can typically be finished within Rs. 1 lakh.|
|Recognition||Widely-recognized in the Indian as well as international markets||A known course in India but not as much global recognition.|
|Who is it for?||Great for applicants who wish to take up administration places in private industries.||Best for applicants who whichever want to take up teaching or research in Commerce or Finance.|
|Core Employing Areas||Marketing, Advertising, Analytics, Business Administration, Private Organizations, Specialized Sectors||Financial Research, Stock Market, Taxation, Banking & Insurance, Government Jobs|
MBA V/s M.Com:Personal Skill Set
Personal skills are valuable in all measures of your life, more so in your edification. These assistances will help you do blooming. You also get to grow them further.
MBA Personal Skill required
- Communication skills
- Management skills
- Teamwork skills
- Problem-solving skills
- Interpersonal skills
M. Com Personal Skill requried
- Mathematical skills
- Analytical skills
- Organisational skills
- Communication skills
- Teamwork skills