A Master of Commerce (M.Com) degree has gained a considerable amount of popularity among students wanting to build a good foundation in finance, banking, accounting, and economics. There is a need for qualified professionals in commerce; therefore, gaining work in commerce, coupled with an m.com degree opens up high-paying jobs in both the private and government sectors. The possibilities vary widely from financial analyst to academic researcher. Students often seek clarification on m.com full form salary, m com salary per month, m com jobs, and future positional orientation after completing their education. In this blog, we will break it down, m com jobs, salary, career growth, what to do after m.com, and everything in between! So, whether you are already at the m.Com point or are only considering taking up commerce in the future, this blog should hopefully bring you some more clarity and cover everything needed.
Jobs After M.Com
An M.Com degree provides specialized knowledge in commerce and finance and caters to various corporate and academic career paths. Consider these career opportunities:
1. Accountant and Auditor
These roles are very popular and tend to have decent demand. Accountants, Auditors, Internal Auditors, GST return filing, Tax, etc.
- Career Path: Senior Accountant → Finance Manager → Chief Financial Officer
- Average Salary: ₹25,000-₹50,000 per month
2. Banking and Finance
Banks and Financial Services hire both private and public sector banks M.Com graduates for various roles including:
- Probationary Officer (PO)
- Relationship Manager
- Credit Analyst
You don't get only a decent salary but also continuous employment.
If you want to find out how your interests and personality can fit into the banking field, consider taking this online psychometric test and obtaining personal results.
3. Teaching and Research
If teaching is your interest, and research is your passion! You can be a lecturer or an assistant professor after qualifying for NET and/or pursuing a Ph.D.
- M.Com salary in india per month for Teaching roles: ₹30,000–₹60,000 depending on experience and institution.
4. Corporate Sector Jobs
Job roles like Business Analyst, Finance Executive, Risk Manager, and Operations Analyst are available in top firms as opportunities at this level. M.Com graduates are preferred in most of these job roles due to their knowledge of financial systems and economic developments.
- Mcom salary in india in corporate jobs varies from ₹35,000 to ₹70,000 per month.
Salary of M.Com in India - What to Expect?
When we talk about m.com salary per month we must consider various factors like industry, geography, and experience.
Starting Salary
- For freshers (without any experience), salaries will be around ₹20,000 – ₹30,000 per month.
- After 2-5 years of experience: Monthly salaries ₹40,000 – ₹60,000.
- For senior professionals: ₹80,000 - ₹1.5 Lakhs or somewhere in between.
M com salary in india per month will increase dramatically after you get to go out into the real world and gain experience, as well as start other professional certifications like CA, CFA or MBA.
If you are not sure which path to take, CA or CPA after M.Com, you can refer to this comparison here, CA vs CPA:
Higher Education After M.Com
Still asking, Mcom ke baad kya kare? Here are the top options:
1. MBA
After M.Com, an MBA can open doors to a multitude of careers, as you will learn essential leadership and management skills that organisations are also looking for.
Please see the following page for a complete look at MBA.
2. Certification Courses
Courses like CFA, CPA, CMA, and Financial Modelling are for students looking to enter niche roles in finance.
3. Govt Exams
You can also take exams like UPSC, SSC, RBS Grade B, etc. M.Com will also help you with the solid foundation you need regarding the commerce and finance sections of these exams.
If you would like to discuss more about the options you have regarding your career, you should consider speaking to a career counsellor online so they can assist you on which route to take.
What Does M.Com Mean?
A lot of students Google “m com means” or “m com full form”. So let’s break it down clearly:
- Full form of M.Com: Master of Commerce
- m com duration: Normally 2 years, broken down into 4 semesters
This degree has a consistent emphasis on more advanced study of commerce, business and finance. It may be an appropriate step into high-level positions in industry or the academic world.
If you are hesitant about the appropriateness of M.Com for your respective interest areas, feel free to schedule a one-on-one career counselling session.
Frequently Asked Questions
Q1. What is the full form of m com ?
Ans. M.Com's full form is Master of Commerce. It is a postgraduate degree in business, finance, and economics.
Q2. What is the normal duration of M.Com?
Ans. M.Com's normal duration is 2 years. It is commonly divided into 4 semesters.
Q3. What are common M.Com jobs?
Ans. Common m com jobs include Accountant, Financial Analyst, Auditor, Banking Officer, Lecturer, and Business Consultant.
Q4. What is the average salary of a M.Com per month in India?
Ans. A fresher mcom salary per month is around ₹20,000–₹30,000. With experience and improvement, the salary can go beyond ₹70,000.
Q5. M com ke baad kya kare?
Ans. After M.Com, you can pursue higher education like an MBA or CA, take government exams, or start working in banking, finance, or academic sectors.
