M.Com or MBA : An Effective completion of bachelor’s degree in commerce, economics or business studies, is one of the foremost turning points in a student’s life. After graduation , there are numerous of worthwhile career options that students can pursue and gleam bright in the employment sector. Also Check MBA vs M.com Under Article .
For the students who are planning to pursue masters , here are the two best options( for commerce/economics/business sectors) that will undeniably open the door of a successful career – a postgraduate degree in MBA or M.com are the most momentous career trends.
Both M. com and MBA are equally respectable. It rests on you – what you want to achieve further.The common subjects studied in MBA and M.com includes subjects such as Business, Finance, Banking, Marketing etc and are mostly similar.
Just like the coin has two sides, likewise, if you want to go for corporate jobs after you complete your studies, then you should definitely go for MBA as they prefer MBA students over M. com students.
If you mainly want to do lectureship / research /PhD, then you should go for M. com. Though, M. com students can also go for corporate jobs but the job opportunities are very few.MBA has a much wider application and more job opportunities than M.com except in teaching, research or lectureship.
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MBA vs M.com
Let’s look at MBA vs M.com overview to find some important discriminators that make these courses one of the most wanted courses among the graduation:
Master of Business Administration
Master of Commerce
UG in any stream
Bachelor’s degree in Commerce with Maths, Economics or Accounts
College-level Entrance Exam + GD /National / State / PI
Masters of Business Administration is a 2 years postgraduate degree course that can be pursued by anyone who has completed their graduation in any field.MBA program is available in different specialisms such as Finance, Marketing, HR, IT,Strategy, Consulting, Finance Leadership, Entrepreneurship, Operational Management and more.
Also, there are dual or triple specializations MBA courses for which candidates can apply and take their careers to greater heights.
After completing their B.com degree, students can elect for M.Com specialization. It may not be as widespread as MBA program but is a respected course and deals with accounts, business and commerce mostly.
M.Com curriculum comprises accounting, banking, finance, statistics, economics and more. Students can also pursue CS or ICWA along with it to expand their career prospects. It is not as expensive as a MBA program is, although the course and fee structure vary widely from institute to institute.
The difference b/w their Career Scope
MBA is usually required to work in the companies and teach executive skills in addition to accounting, finance, business management, corporate governance, statistics, supply chain management.
The eligibility criteria in MBA would involve graduation in any stream, the entrance aptitude test like CAT, MAT, XLRI score or percentile. There are many other test held like SUET – an entrance test which is quite equivalent to the entrance aptitude test like CAT, MAT, XLRI score or percentile.
The students receive an excellent placement from the campus itself from the corporates, while the lower rated or newer institute graduates often find it hard to find a job in the market such as the most premium rated MBA institution in India, Sharda University.
Some of the jobs that a MBA degree holder can look for in corporate sector are Accounting Managers, Financial Analysts, Investment Banking, Investment/ Institutional/ Inside Sales, Chief Financial Officers, Risk and Insurance Manager, Corporate Controllers, Credit Managers, Financial Managers, HR Manager, Traders, Management Consultant, Treasury services are a few names.
After passing out, M.Com pass outs can apply for various government as well as private jobs including insurance and financial planning, taxation, stock market, and advisory, banking, financial services sales/executives.
Similarly, after completion of M.Com, students can apply for a Doctoral program and pursue the research field or can become a professor/teacher/lecturer. M.Com students can look for jobs in areas including Auditing, , Banking and finance, Retail industry, Accounting, Funds management and Management consulting.