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.
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 Read: M.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 Read: Top 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
- Shri Ram College Of Commerce, New Delhi
- Hindu College, New Delhi
- Hansraj College , New Delhi
- Delhi University, New Delhi
- Ramjas College, New Delhi
- Narsee Monjee College Of Commerce And Economics, Mumbai
- K J Somaiya College Of Arts & Commerce, Mumbai
- Jai Hind College, Mumbai
- Mumbai University, Mumbai
- Loyola College, Chennai
- PES University , Bangalore
- Symbiosis College Of Arts And Commerce, Pune
- University Of Calcutta, Kolkata
- St. Xavier's College , Kolkata
- Sister Nivedita University , Kolkata
- Presidency College, Chennai
- Christ University, Bangalore
Top Colleges in India for M.Com in Applied Economics
- University of Lucknow
- Heeralal Yadav Balika Degree College
- Mahatma Jyoti Rao Phoole University
- Rajat Girls' Degree College
- Rajat Post Graduate College
- Shri Guru Nanak Girls' Degree College
- Shri Jai Narain P.G. College, Lucknow
- Shia P.G. College, Lucknow
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 |
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Employment Sectors |
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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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