What Should You Know About Joining a Master of Commerce Program?

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After completing Class 10, most students in India choose the commerce stream. They believe it will provide them with an array of career options after Class 12, which will easily lead to good career prospects and financial security. Nevertheless, prospective students require a certain aptitude to grow and be successful in the commerce field.

Why should you choose a course in commerce? Apart from the diversity the field offers, students find it quite challenging to step into the world of business operations, management, and financial activities. To better understand the significance, range, and career opportunities in this field here is some information about the popular course in commerce like the Master of Commerce program, which helps you specialize in your chosen subject. 

What Does a Master of Commerce Course Include?

This postgraduate degree in commerce focuses on business, management, economics, and accounting. After completing two years of studying, you will find career opportunities in the business and financial sectors. You have the chance to focus on taxation, accounting, finance, and human resource management. This four-semester degree course, which uses a choice-based credit system, has the University Grants Commission or UGC approval.

After completing the course, students are awarded a Master of Commerce academic qualification from the pertinent university. A career in insurance chartered accounting, company secretarial, banking, or cost and work accounting is considered possible after completing the program. One can also study further and work as an assistant professor in related departments in colleges.

Eligibility for M.Com. Degree Course

Most students specialize in the commerce stream with the M. Com. course. Candidates must achieve minimum marks in B.Com. level of education to qualify for the M. Com program. The score attained in the B. Com degree course, and the seats available are the criteria for admission to an M. Com.

Candidates must have earned at least a 50% grade point average in their undergraduate degree from an accredited university.

Specializations in Master of Commerce Program

The areas in which you can specialize include:

Finance

Financial Markets and Institutions: Deals with financial services, interest rates, banking, financial markets, and financial inclusion.

Fixed-income securities, equity, portfolio management, and financial derivatives are all covered by portfolio management and security analysis.

Marketing

Marketing and sales management: This field is concerned with organizing and assessing marketing initiatives. Basics of sales planning, personal selling, and organization are other topics covered.

International Marketing: This area of study focuses on decisions related to global product planning and pricing, global distribution, global marketing promotion tactics, and global marketing trends.

You can also find accounting, human resource development, and more for specializing in the Master of Commerce degree course.

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