MBA vs MCom: Curriculum, Specializations, Career Scope and Job Opportunities

The decision to choose MBA vs MCom is quite difficult for graduates, especially for those who are still exploring their options. They often feel confused about whether they should go for an MBA or MCom after graduation since both of these are popular postgraduate degree options in their respective fields.  In order to figure out which course is the best, a student must take a close look at the salient features of each course.

MBA (Master of Business Administration) and MCom (Master of Commerce) are both good choices for postgraduate courses for a Commerce student. However, both of these courses are vastly different in a number of aspects, including their core focus areas.

MBA is a professional course that focuses more on industry requirements and helps students get better management jobs. On the other hand, MCom is a course targeting theoretical knowledge in the field of Commerce. While an MBA prepares a candidate for a career in business administration and management, MCom is an excellent course for academic pursuits in Finance and Commerce.

If it's getting too overwhelming for you to decide whether to go for MBA or MCom, then take a look at the comparison of Mcom vs MBA courses in India. We take a look at how the two courses compare in terms of eligibility, syllabus, costs, and returns, and help you figure out which is the best course for you!

MBA vs MCom: Highlights

Here is an overview of the comparison of MBA and MCom courses:

Feature	MBA Course	MCom Course
Full Name	Master of Business Administration	Master of Commerce
Level	Postgraduate
Duration	2 years
Stream	Management	Commerce
Eligibility	Graduation in any stream	Bachelor's degree in Commerce with Maths, Economics or Accounts
Admission Process	National / State / College-level Entrance Exam + GD / PI All about the MBA Admission Process in India	Entrance Test + Counselling Check the detailed MCom Admission Process
Entrance Exams	MBA Entrance Exams in India	MCom Entrance Exams in India
Top Colleges	SP Jain School of Global Management (SPJSGM), Mumbai Lovely Professional University (LPU) Shoolini University (SU), Solan Apex University, Jaipur Quantum University, Roorkee	Amity University, Manesar Shri Ram College of Commerce (SRCC), Delhi Manav Rachna University (MRU), Faridabad Chandigarh Group of Colleges - (CGC), Landran, Mohali SAM Global University (SGU), Bhopal
Average Course Fee	Rs. 6 - 8 lakhs	Rs. 1 lakh
Average Starting Salary	Rs. 7 LPA	Rs. 4 LPA

Also Read: MBA vs MCA: What is Better after BCA

MBA vs MCom: About the Courses

Master of Business Administration (MBA) is a professional postgraduate course that prepares a candidate for taking up managerial positions in key sectors of businesses. MBA is one of the most popular choices of courses across various industries. The course teaches a student basic aspects of management, marketing, sales, etc. while also imparting in-depth knowledge of finance, accounting, and other related subjects. Students interested in taking up the MBA course also have the option of applying for a PGDM course or Executive MBA.

Master of Commerce (MCom) is a postgraduate course that involves a detailed study of subjects such as finance, accounts, computer applications, etc. The course curriculum of MCom also involves management-related subjects but the focus of the course lies in enhancing the theoretical knowledge of a student. An MCom course enhances the academic value of a student and helps prepare them for a career in core areas of commerce and commercial applications.

MBA vs MCom: Specializations

MBA and MCom both come in a wide variety of specializations. These help a candidate customize the course curriculum as per their requirements. Here are some of the popular MCom vs MBA specializations in India.

MBA Specializations	MCom Specializations
Finance Marketing International Business Business Analytics Human Resource Management Information Technology (IT) Supply Chain Management	Finance Banking and Insurance International Accounting Economics Taxation E-Commerce Statistics

Also Read: Best MBA Specializations in India

MBA vs MCom: Course Curriculum

The curriculum of MBA and MCom courses is different for different specializations. The table below provides a comparison of the curriculum of an MBA in Finance and an MCom in Finance courses.

MBA Finance Subjects	MCom Finance Subjects
Financial Management Portfolio Management International Finance Financial Accounting Organizational Behaviour Corporate Investment Management Borrowing	Business Economics Baking & Technology Financial Markets and Services Investment Management Risk Management Marketing Management Quantitative Techniques for Business

Students will find that there are a number of similar subjects in the syllabus of MBA and MCom courses. However, the MBA course curriculum is crafted to suit the industry standards while an MCom course curriculum is often designed from an academic point of view.

MBA vs MCom: Top Entrance Exams

To get admission into MBA and MCom courses, students need to qualify for national, state, and university-level entrance exams as per the requirements of the college they are applying to. Below is a list of top MBA vs MCom entrance exams you can appear for.

MBA Entrance Exams	MCom Entrance Exams
CAT (Common Admission Test) KMAT (Karnataka Management Aptitude Test) NMAT by GMAC (NMIMS Management Aptitude Test) IIFT Entrance Exam CMAT (Common Management Admission Test) XAT (Xavier Aptitude Test) SNAP Test (Symbiosis National Aptitude Test) ATMA (AIMS Test for Management Admission) MICAT (Mudra Institute of Communications Admission Test) IBSAT (ICFAI Business School Aptitude Test)	DU M.Com Entrance Exam Allahabad University PGAT ANUPGCET 2022 Entrance Exam Kurukshetra University M.Com Exam OUCET Entrance Exam PESSAT 2022 Exam Jain Entrance Test JNUEE Exam KU PGCET Exam

MBA vs MCom: Career Scope and Job Opportunities

Both MBA and MCom have good job opportunities but the targeted sectors of both courses differ. The career scope and job opportunities for MBA vs MCom are given below.

Career After MBA

MBA is a course that prepares a candidate to take up managerial roles in various organizations. Due to the excellent exposure to various administration and management-related subjects provided by the course, MBA graduates are in high demand, especially in private organizations and startups.

MBA course is taken up by many candidates after gaining some work experience in their desired field. An MBA degree helps professionals to acquire key skills required for management posts and climb to higher positions in their industry. Here are some of the top recruiting areas for MBA graduates in India:

• Banking, Financial Services, and Insurance (BFSI) Sector
• Management Consultancy
• Investment Banking
• Private Companies

Here are some job profiles offered to MBA graduates.

• Marketing Manager
• Project Manager
• Human Resource Manager
• Business Analyst

Also Read: Jobs after MBA

Career After MCom

MCom is a reputed course with a wide scope in the government as well as the private sector. Even though the course includes management subjects, MCom graduates are generally not preferred for managerial posts. Instead, most of the career opportunities for MCom arise in areas related to accounting and finance, which require in-depth knowledge of core subjects.

MCom is taken up by BCom graduates direct after completing graduation. Many graduates also take up MCom study while pursuing a Chartered Accounting (CA) since both courses have a similar syllabus. MCom is also a good course for a candidate who is preparing for recruitment exams in related public sector departments. MCom is also a good course for candidates who wish to take up teaching after postgraduation. Many MCom graduates also take up BEd (Bachelor of Education) after completing postgraduate studies.

Given below are some core recruitment areas for MCom Graduates.

• Banking Sector
• Accounting Firms
• Indian Statistical Services
• BCom Colleges in India

Popular job opportunities for MCom graduates include the following.

• Accountant
• Financial Analyst
• Finance Consultant
• Investment Banker

MBA vs MCom: Which is Better?

Both MCom vs MBA are well-reputed courses in India with excellent value in academia as well as the industry. Here is how you can decide which course is the best fit for your career aspirations and interests.

Feature	MBA	MCom
Cost	MBA is generally an expensive course. Depending on the college, you may have to spend Rs. 10 - 12 lakhs on an MBA course.	MCom is a very affordable course, especially in government colleges. An MCom course can usually be completed within Rs. 1 lakh.
Recognition	Widely recognized in the Indian as well as global markets	A recognized course in India but not as much international recognition.
Who is it for?	Great for candidates who wish to take up management positions in private industries.	Best for candidates who either want to take up teaching or research in Commerce or Finance.
Core Recruiting Areas	Marketing, Advertising, Analytics, Business Administration, Private Organizations, Specialized Sectors	Financial Research, Stock Market, Taxation, Banking & Insurance, Government Jobs

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