Master of Commerce (M.Com)

The Master of Commerce (M.Com) is a postgraduate degree in commerce, and like the Bachelor of Commerce degree, it is only offered in the Commonwealth nations. The M.Com degree generally covers the study of the different principles of commerce such as economics, taxation, trade, banking and so on. Students of M.Com are allowed to specialize in any one field at the end of two years.

Course Overview:

Recognition: Globally Recognized

Duration: 2 Years

Specialisations Available: Accounting and Finance, Statistics, Banking, Taxation, etc

Eligibility:

To be eligible for a Master of Commerce course, candidates have to have a Bachelor’s graduation degree in Commerce, Economics or and equivalent stream as set by the university. A minimum of 45-50% marks may also be demanded depending on the institution alongside other qualifying exams/tests.

M.Com or MBA?

MBA is a professional degree that teaches you the fundamentals of businesses, whereas the M.Com degree is of a more theoretical and academic focus. An M.Com degree prepares you for a career in fields like banking, taxation, stock market, insurance and financial planning and advisory, banking, financial services sales/executives with all kinds of product and service providers among others.

On the other hand, due to the nature of the MBA program, graduates are equipped for jobs in several fields in management and executive positions.

Why Do an M.Com/Is it Right for you?

Due to the universal nature of commerce, M.Com is another one of those degrees that will always remain relevant in one form or another. It trains you in a highly specialized manner in the various areas of commerce at both, the local and global level. Do you find your interest to be in the realms of finance, banking, taxation among others? If so, an M.Com degree might just be for you!

In choosing the degree that is correct for you, ask yourself the following questions:

Subjects: What subjects you wish to study, as it might only be offered in either as M.Com or MBA.

Curriculum: Review the course content and teaching style thoroughly as an M.Com degree may vary in it topics and subject matter depending on country and institution.

Career Options: Does an M.Com degree put you on a path to realising your career aspirations?

Entry Requirements: Do you have the appropriate entry requirements? E.g: Work experience or appropriate undergraduate degree.

Interests: Do your interests lie in the fields of finance, banking, taxation or other commerce related fields or somewhere else?