Master of Commerce (MCom) is a postgraduate masters degree focusing on commerce, accounting, management and economics-related subjects. The curriculum is usually concentrated on one subject area — such as accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management — and emphasizes underlying theory.
Based on specialisation, MCom graduates are typically employed in fields related to their degree foci, such as financial services, marketing and project management; graduates also often work in general management and business consulting..
Finance is the science of managing funds. Subjects studied under this degree are Statistics for Business and Management, Management Science, Advanced Financial and Cost Accounting and Managerial Economics. After this course which is Masters of Commerce, candidates can opt for higher studies or can get a job. If the candidate want to go for higher studies, then the options in front of him is very vast. There are many degree courses and certificate courses for the candidate to opt for. The MCom includes a research component and thus provides access to a doctorate; progressing from the MCom, a student can pursue a Doctor of Philosophy (Ph.D) degree program.
Professionals in this career can also opt for teaching jobs in universities and colleges. Graduate professionals can work as freelancers in this field. They can work separately by taking assignments from small venture for maintaining their accounts on daily or weekly basis. There are lots of job opportunities available in India as well as in foreign countries for chartered accountants.
There are lots of career opportunities in field. It is one of the top career choices made by students in India. A graduate after completion of his/her course can initially join as a trainee or an accountant. Accountants can also seek employment in various sectors such as in government and private sectors, public accounting firms, markets research, budget planning, corporations and consultancies.
The need for highly qualified candidates is increasing day by day. This is because of the expansion of business due to the use of latest technology. Post graduates in M.com can look for jobs in both public and private sector. The jobs offered to these post graduates are very challenging and will be mostly in the field of commerce itself. Candidates will get jobs in other sectors also.
Job profiles after Mcom includes Auditors, Bookkeepers, Budget Analysts, Business Consultants, Chartered Management Accountant, Chief Financial Officer, Finance Managers, Financial Analyst, Human Resource Managers, Investment Analysts, Marketing Managers, Stock Brokers, Teacher/lecturer. So after completing M.Com there is a lot of opportunity for the candidates.