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M.Com in Commerce vs M.Com in Applied Economics

Confused between M.Com in Commerce vs M.Com in Applied Economics? Check out the major differences and similarities between the courses and decide the best course for you.

 

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M.Com in Commerce is a two-year postgraduate or master's degree course provided in commerce institutions around India to improve one's skills and knowledge in Commerce, Finance, Management, Accounting, and Economics, among other subjects. M.Com in Commerce is aimed to provide students with in-depth information and comprehension of numerous facets of Commerce and banking.

M.Com in Commerce is designed for applicants interested in careers in banking, financial services, insurance (BFSI), and accounting and Commerce. The two-year study digs further into the workings of the Economy, Capital, Revenue, Commerce, Taxes, and other topics covered in B.Com. M.Com is a highly versatile subject that allows students to pursue professions in various industries.

M.Com (Applied Economics), also known as Master of Commerce in Applied Economics, is a Postgraduate Economics degree. The application of economic theory and analysis is referred to as applied economics. 

The program aims to give students a high-quality, in-depth grasp of both core and emerging fields of Applied Economics and guide them with a solid understanding of the discipline's classic, current, and developing trends.

M.Com in Applied Economics also aims to familiarize students with fundamental disciplines such as Economic Development and Planning, Business Economics, Public Finance and Policy, Public Utility Economics, Applied Business Statistics, Transport and Rural Economics, etc.

Here we have covered an extensive comparative study of both the fields to help you decide which option will help you in your career.

Also ReadM.Com vs MFA: Top Colleges, Course Fee, Average Salary

M.Com in Commerce vs M.Com in Applied Economics Overview

Both M.Com in Commerce and M.Com in Applied Economics are popular Postgraduate courses for aspiring teachers, Professors, researchers, etc. Check out the major highlights of both the programs below - 

Event

M.Com in Commerce

M.Com in Applied Economics

Duration

2 years

2 years

Eligibility

50% Aggregate in B.Com Honors/ B.Com

50% Aggregate in B.Com Honors/ B.Com

Admission Process

Entrance-Based or Merit-based

Entrance-Based or Merit-based

Annual Course Fee Range

INR 5,000 - INR 1,50,00

INR 1,00,000 (Tentative)

Annual Salary Range after Completion (Tentative)

INR 2,50,000 - INR 9,00,000

INR 2,50,000 - INR 9,00,000

Job Prospects

Accountant/Senior Accountant, Wealth Manager, Finance Manager, Investment Banker, Business Analyst, Bank Manager

Assistant Manager/Officer, Investment Banker & Accountant, Market & Business Analyst, Securities & Investments Analyst

Also ReadTop 10 M.Com Colleges in India With Best Placements: Highest Package, Top Recruiters

Eligibility Criteria: M.Com in Commerce vs M.Com in Applied Economics

The essential eligibility criteria for both courses are identical; however, a few Institutions may have a few different qualifying criteria based on their admission process requirements. 

The following are the standard eligibility criteria for both the programs:

  • The aspirant must have finished 10+2 from a recognized institute or Board.
  • Must be a graduate of an acknowledged College or University.
  • The aspirant must have secured 50% minimum marks in the B.Com or B.Com (Honors) examination.
  • Some Universities and Colleges accept students with bachelor's degrees (BA Economics, BBA, BFIA, BBE, etc.) other than B.Com with a minimum of 60% aggregate or equivalent.
  • The reserved category of candidates may receive a minimum aggregate percentage relaxation of 5% in various Colleges/Universities.

Course Syllabus: M.Com in Commerce vs M.Com in Applied Economics

Here is a breakdown of the course syllabus for M.Com in Commerce and M.Com in Applied Economics.

M.Com in Commerce Syllabus

First Year:

Accounting for Managerial Decisions

Strategic Management

E-Commerce

Commercial Bank Management

Management Concepts

Organizational Behavior

Corporate Legal Environment

Financial Markets

International Finance

Second Year:

Corporate Tax Planning

Corporate Financial Accounting

International Finance

Economics of Global Trade & Finance

Research Methodology in Commerce

Investment Management

Statistical Analysis

Computer Applications in Business

Marketing Management

M.Com in Applied Economics Syllabus

Semester-I

Semester-II

Advanced Economic Analysis I

Advanced Economic Analysis II

Accounting for Financial Decisions I

Accounting for Financial Decisions II

Business Environment

Foreign Exchange Management

International Trade

Quantitative Techniques for Economic Analysis

Industrial Economics

International Banking

Statistical Analysis

Rural Economics

Semester-III

Semester-IV

Business Economics

Economics of Public Enterprises

Demography and Population Study

Environment and Resource Economics

Economics Development and Planning (Concerning India)

Monetary Theory and Practice

Foreign Trade Policy Procedures & Documentation

Small Business & Entrepreneurial Skills

India and the World Economy: In Perspective

Transport Economics and Logistics

Labor Economics

Research Methodology

Public Utility Economics

Admission Process: M.Com in Commerce vs M.Com in Applied Economics

Admission processes of M.Com in Commerce and M.Com in Applied Economics follow the standard route of enrollment for most Colleges. The admission method includes allowing admissions either on a merit basis or on the scores earned in the Entrance tests.

Check out the admission processes applicable to both the M.Com in Commerce and M.Com in Applied Economics - 

Entrance-Based Admissions

Entrance-based admission procedures for M.Com degrees are becoming more common in India. However, this will rely on the colleges' admission policies. Many M.Com in Applied Economics Colleges/Universities also hold university-level entrance tests to admit aspirants. Entrance-based admissions require applicants to take the required entrance exam. After the exam, the authorities publish merit lists or selection lists.

  • Candidates will be invited to counseling sessions to be offered admission to the right program and constituent college, depending on their entrance exam scores.
  • If the initial condition is not applicable, candidates will be contacted for a selection process involving a personal interview or a group discussion.
  • Candidates will be shortlisted or selected for admission to the course based on their performance in the entrance test, personal interview, or group discussion.

M.Com in Commerce Entrance Exam

Here are the popular entrance exams conducted for admission to M.Com in Commerce - 

Merit-Based Admissions

  • Merit-based admissions choose individuals only on merit. This type of admission approach is more typical for a Master of Commerce in Applied Economics. However, many Universities offering M.Com in Commerce also use merit-based admissions.
  • An admissions committee will examine previous academic qualifications such as 10+2 and undergraduate qualifications. The candidate's merit will be calculated based on their academic performance in the past.
  • Aside from academic and professional skills, the candidate may be required to participate in a personal interview or group discussion.
  • An applicant's overall performance in selection procedures such as academic and professional background, personal interview, and/or group discussion will determine their admittance to the course.

List of Top Colleges in India for M.Com in Commerce and M.Com in Applied Economics

Below we have curated the top Colleges in India for pursuing M.Com in Commerce and M.Com in Applied Economics - 

Top Colleges in India for M.Com in Commerce

Top Colleges in India for M.Com in Applied Economics

Career Scope and Job Opportunities - M.Com in Commerce and M.Com in Applied Economics

The study of Commerce and Applied Economics offers lucrative career possibilities. With various work prospects available for PG Commerce and Applied Economics graduates, the career options and job opportunities for commerce graduates are immense.

Course

M.Com in Commerce

M.Com in Applied Economics

Job Profiles

  • Executive Assistant
  • Finance Consultant
  • Investment and Risk Analyst
  • Accountant
  • Assistant Manager
  • Finance Manager
  • Bank Manager
  • Market Research Analyst
  • Data Analyst
  • Statistician
  • Lead Modeler
  • Economics Teacher
  • Curriculum Developer
  • Subject Matter Expert
  • Manager/Officer
  • Statistical Assistant
  • Service Quality Leader

Employment Sectors

  • Finance, Commerce, and Banking Sectors
  • Insurance Sector
  • Customs
  • Indian Economic Services
  • Indian Statistical Services
  • Educational Institutes
  • Commercial Hubs
  • Educational Institutes
  • International Banks
  • Marketing Companies
  • Financial Departments
  • Consulting
  • Indian Economic Services

Average Salary (Tentative)

It might vary as per several factors. As a beginner, one may earn between 25,000 INR per month to 40, 000.

The figures might vary due to several reasons. One may begin with a monthly salary of 25,000 INR to 35, 000 per month.

We hope that this comparative study has helped the aspirants decide between M.Com in Commerce and M.Com in Applied Economics. If applicants need further assistance, they can visit our Q&A Zone or dial us on 1800-572-9877.

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