What are career prospects after M.Com ?

I know all you commerce graduates must be hopping around, juggling through life, looking for some complex answers in life such as what career options you should choose to in order to achieve your goal? And many of you must have completed B.Com or pursuing B.Com , you must be thinking what to do next! Only B.Com will not suffice the demand of today’s market . So here , I have a perfect career optionfor you i.e.  M.Com !

Firstly , what is M.Com?

M.com ( Master of Commerce ) is a post-graduate degree . This  two years course generally deals with subjects like Micro and Macroeconomics, Business and Export and Import Policy, Accounting, Marketing Management, Managerial Economics, Corporate governance, Computer Application in Commerce etc.

Specialisation :

·     Entrepreneurship

·     Taxation

·     International business

·     HRM etc.

On an average , universities and colleges demand for 60-70 % attendance .

M.com is purely commerce based stream so only commerce students can apply for it .

Some institute commence an entrance test for applying in this course whilesome ask for your merit certificate .

Eligibility

Ø The candidate must have a B.com degree or

Ø The candidate must haveminimum of 55%marks inBBS , BBA , BFIA and BBE or

Ø BA degree with minimum of 60% marks

Sectors where M .Com graduate can seek jobs include:
Eligibility
Procedure
x

Ø  Auditing

Ø  Banking and finance

Ø  Electronic marketing

Ø  Funds management

Ø  Management consulting

Ø  Stock Broking

M.com students can evenapply for jobs in public sector :

Ø Nationalised bank

Ø State bank of India

Ø Union bank etc.

Ø Railways

In private sector :

Ø Assistant company law

Ø Junior accountant

Ø Relationship manager

Ø Sales officer

Here’s list of jobs you can go in for :

Ø Teacher / lecturer :

Want to pursue teaching profession? You can apply in renowned school which seek a Masters degree holder in commerce . You can go for both government as well as in public institution if you want to contribute to the society. Most of the colleges ask forB.Ed.and MPhil as eligibility criteria .

Ø Chartered financial analyst :

This programme embodies topics like investment management, financial analysis, stocks, bonds and derivatives and other financial attributes . The students who successfully complete this programme are awarded the title of ‘CFA Charter' . It takes approximately four years to complete this course .

Ø Company secretaries :

 It is the senior positionprofessional in a private sector company and public sector organization . A senior secretary is responsible for smoothfunctioning of the administration and making sure the decisions that are taken by the board of directors are implemented .

Ø Wanna continue studying after M.Com ?Here’s something for you too ! The available courses include :

·     Decorate degree :

This degree mainly focuses on special excellence in some branch of commerce . This research academic degree is equal to doctor of philosophy . The Doctorate of Philosophy can be done in many majors like Financial Studies, Commerce, Statistics etc .

·     International finance reporting standards :

International financial reporting standards ( IFRS ) includes international accounting standards , Transition  and Financial Statements.IFRS was introduced to have a common accounting language all around the world .

·     Certificate course in banking , stock market , derivatives , income tax :

M.Com graduate can also apply for certificate course in banking , banking , stock market , derivatives , income tax etc. This course is proven for inculcating specialised skill which is added benefit in terms of other graduates .

Job types :

§  Accountant

§  Account analyst

§  Account assistant

§  Assistant accountant

§  Cashier

§  Corporate analyst

§  Executive assistant

§  Finance manager

§  Investment banker

§  Investment analyst

§  Marketing manager

§  Money manager

§  Operation manager

§  Personal financial assistant

Best University to study for M.Com :

There are thousands of universities  to study M.Com but one of the best options you could opt for is Invertis University located in Bareilly , Uttar Pradesh .

Invertis University provide specialisation in subjects like Accounting, Finance, Business Studies, Statistics, Taxation, Economics etc.

It also provides the functional knowledge of Financial Accounting, Corporate Accounting, Corporate laws, Cost Accounting, Management Accounting, Direct and Indirect Tax Laws, Marketing.Teaching includes Class Discussions, Industry Visits, Case Studies, Role Playsetc.

Faculty at Invertis University has the bunch of well qualified professionals which provides you with in-depth knowledge of the subject .

50 % (45% for SC & ST) in Graduation.

On the basis of merit/IUCET

Career options

 M.Com students can join nationalized banks as Probationary Officer, Company Law Assistant, Relationship Manager, Junior Accountant, Sales Officer (Accounts), Insurance companies as Credit Officer, Financial Analyst or Loan Officer, Mutual Fund Broker, Budget Analyst, Internal Auditor and Securities Analyst. Students who are interested in taking up their career in academics become eligible to appear in UGC-NET Exam. One can also opt for Ph.D and can study abroad on the basis of their research .