M Com Syllabus & Subjects 2024

The Master of Commerce (MCom) course instills students with advanced knowledge and skills in various areas of Commerce. The MCom Syllabus typically includes compulsory core subjects like:

Financial Management: Analyzes financial markets, investments, and decisions.
Accounting: Covers advanced financial and cost accounting concepts.
Economics: Deepens understanding of macro and microeconomic principles.
Business Research Methods: Provides tools for analyzing business data.
Marketing Management: Explores marketing strategies and consumer behavior.
Organizational Behavior: Studies human relations and group dynamics in organizations.
Strategic Management: Focuses on formulating and implementing effective business strategies.

Additionally, universities offer MCom elective subjects allowing students to specialize in specific areas like finance, marketing, or human resource management. These may include:

Corporate Governance
Management and Financial Accounting
E-Commerce
Computer Applications in Commerce
International Business
Corporate Tax Planning

MCom Subjects allows graduates to get a comprehensive understanding of business principles and prepares them for diverse career opportunities in the corporate world.

Below is a table highlighting crucial points related to the Master of Commerce Syllabus, including key MCom Subjects:

A general year-wise Master of Commerce Syllabus is mentioned below for your reference:

MCom 1st year Subjects:

Here’s the list of major MCom 1st year Subjects:

MCom 2nd year Subjects:

Here’s the list of major MCom 2nd year Subjects:

These are the major subjects that all MCom students must complete. They provide a foundation in essential areas of commerce and business:

• Financial Management: Covers financial analysis, investment, capital budgeting, risk management, and financial markets.
• Accounting: Deepens understanding of financial accounting, cost accounting, management accounting, and auditing.
• Economics: Enhances knowledge of microeconomics, macroeconomics, econometrics, and international economics.
• Business Research Methods: Equips students with the tools and techniques for conducting business research, including data analysis and statistical methods.
• Marketing Management: Explores marketing strategies, consumer behavior, market research, and branding.
• Organizational Behavior: Studies human behavior in organizations, leadership, group dynamics, and motivation.
• Strategic Management: Focuses on formulating and implementing effective business strategies, competitive analysis, and corporate social responsibility.

MCom Optional Subjects: 

These allow students to specialize in specific areas of interest within commerce and business. The available options vary depending on the university and program but may include:

Finance:

• Corporate Finance: Advanced financial modeling, valuation, mergers & acquisitions, and international finance.
• Investment Management: Portfolio management, risk management, asset allocation, and financial markets analysis.
• Financial Risk Management: Understanding and managing financial risk, including credit risk, market risk, and operational risk.

Marketing:

• Digital Marketing: Explores online marketing channels, social media marketing, and e-commerce.
• Consumer Behavior: In-depth understanding of consumer decision-making, market research, and segmentation.
• Brand Management: Developing and managing brands, brand strategy, and brand communication.

Accounting:

• Advanced Financial Accounting: Complex accounting topics like consolidation, joint ventures, and leases.
• Taxation: Corporate tax planning, international taxation, and tax strategy.
• Auditing: Advanced auditing concepts, risk assessment, and internal control.

Human Resource Management:

• Talent Management: Talent acquisition, performance management, and employee development.
• Labor Relations: Understanding of labor laws, collective bargaining, and conflict resolution.
• Organizational Development: Designing and implementing organizational change initiatives.

International Business:

• Global Marketing: Marketing strategies for international markets, cultural differences, and global branding.
• International Trade: Understanding international trade policies, regulations, and trade agreements.
• International Finance: Foreign exchange markets, international financial institutions, and global investment strategies.

Other optional subjects:

• Information Systems Management
• Business Analytics
• Entrepreneurship
• Logistics and Supply Chain Management
• E-commerce
• Corporate Governance

The specific choice of optional subjects will depend on your career goals and interests. It's recommended to research the available options and choose subjects that align with your desired career path.

The Master of Commerce (MCom) program offers a diverse range of specializations, allowing students to tailor their education to specific areas of interest within the commerce field. Some of the most popular MCom specializations include:

Financial Specializations:

• MCom in Finance: This specialization delves deeper into financial analysis, investment management, financial markets, risk management, and corporate finance. It equips graduates for careers in investment banking, financial institutions, and corporate finance departments.
• MCom in Banking & Insurance: This specialization focuses on banking operations, financial services, insurance principles, risk management, and regulatory frameworks. It prepares graduates for careers in banks, insurance companies, and financial regulatory authorities.

Management Specializations:

• MCom in Marketing Management: This specialization explores marketing strategies, consumer behavior, digital marketing, brand management, and market research. It equips graduates for careers in marketing agencies, advertising firms, and brand management roles within companies.
• MCom in Human Resource Management: This specialization focuses on human resource policies, talent management, performance management, organizational development, and labor relations. It prepares graduates for careers in HR departments, recruitment agencies, and consulting firms.

Accounting & Tax Specializations:

• MCom in Accounting & Finance: This specialization combines advanced financial accounting, cost accounting, and management accounting with core finance subjects. It equips graduates for careers in accounting firms, corporate finance departments, and financial management roles.
• MCom in Taxation: This specialization focuses on direct and indirect taxes, corporate tax planning, international taxation, and tax laws. It prepares graduates for careers in tax advisory firms, tax departments of companies, and government tax authorities.

Additional Specializations:

• MCom in Economics: This specialization provides an in-depth understanding of economic theories, econometrics, international economics, and economic policy analysis. It prepares graduates for careers in research, economic consulting, and government policymaking.
• MCom in Business Analytics: This specialization focuses on data analysis, business intelligence, machine learning, and statistical modeling. It equips graduates with the skills to analyze data and make informed business decisions.
• MCom in International Business: This specialization explores international trade, global marketing, cross-cultural management, and international finance. It prepares graduates for careers in multinational companies, international trade organizations, and global consulting firms.

The availability of specific MCom specializations can vary depending on the university or institution. It's crucial to research and compare programs to find one that aligns with your career aspirations and interests.

The general year-wise distance Master of Commerce Syllabus is mentioned below:

Distance MCom 1st year Syllabus 

Here’s the list of main subjects present in distance MCom 1st year Syllabus:

Distance MCom 2nd year Syllabus 

Here’s the list of major subjects present in distance MCom 2nd year Syllabus:

The MCom Entrance Exam Syllabus can vary depending on the university and the specific MCom program you are applying to. However, some general topics you can expect to see on the exam include:

1. Quantitative Aptitude and Data Interpretation:

• Number Systems
• LCM and HCF
• Profit and Loss
• Probability
• Functions
• Time and Work
• Averages
• Ratio and Proportion
• Speed, Time, and Distance
• Surds and Indices
• Inequalities
• Sequences and Series
• Data Interpretation (Tables, Bar Graphs, Line Charts, Pie Diagrams, Venn Diagrams, Column Graphs)

2. Logical Reasoning:

• Number and letter series
• Binary Logic
• Logical sequence
• Seating arrangement
• Clocks, Cubes, Calendars
• Logical connectives
• Syllogism
• Blood Relations

3. English Language and Comprehension:

• Vocabulary
• Synonyms, Antonyms and Analogy
• Grammar (Verb Agreement, Modifiers, Parallelism, Pronoun Antecedent Agreement, Verb Time, Sequence/ Tenses, Prepositions, Comparison, Determiners, Voices and Speech, Articles, etc.)
• Reading Comprehension
• Jumbled paragraph
• Summary sentence
• Verbal reasoning
• Sentence completion
• Summary questions
• Facts/judgements/inferences

4. General Awareness:

• Indian Polity
• Economy
• Geography
• History and Culture
• Current Affairs (National & International)
• Science and Technology
• Business and Commerce

5. Business Mathematics and Statistics:

• Business Mathematics (Permutations and Combinations, Averages, Probability, etc.)
• Statistics (Mean, Median, Mode, Standard Deviation, Correlation, Regression, etc.)

6. Management Concepts:

• Principles of Management
• Organizational Behavior
• Marketing Management
• Financial Management
• Human Resource Management

7. Accounting:

• Basic Accounting Concepts
• Double Entry System
• Journal and Ledger
• Trial Balance
• Financial Statements

In addition to the above, some MCom programs may also include specific sections on their chosen specializations, such as Finance, Marketing, or Human Resource Management.

Here are some resources where you can find more information about the MCom Entrance Exam syllabus for specific universities:

• University websites: Most universities will have a dedicated page for their MCom program, which will include information about the entrance exam syllabus and other admission requirements.
• Official MCom Entrance Exam brochures: Many universities publish brochures or booklets that provide detailed information about the entrance exam, including the syllabus, sample questions, and important dates.
• Past papers: Solving past papers is a great way to get familiar with the format and difficulty level of the actual exam. Many universities make past papers available on their websites or through third-party websites.
• Coaching institutes: Some coaching institutes offer MCom entrance exam preparation covering all the subjects to help you ace the entrance exam.

Here are some important MCom books by Indian authors, categorized by subject:

Financial Management:

• Financial Management (Theory and Practice) by I.M. Pandey: A comprehensive textbook covering all aspects of financial management, including financial analysis, investment, capital budgeting, and financial markets.
• Corporate Finance by S.L. Gupta: Focuses on advanced corporate finance topics like mergers and acquisitions, restructuring, and valuation.
• Investment Management by V.K. Gupta and Ashish Gupta: Explores various investment avenues, portfolio management strategies, and risk management techniques.

Accounting:

• Advanced Accounting (Vol. I & II) by P.C. Tulsian: A detailed guide to complex accounting concepts, including consolidation, joint ventures, and lease accounting.
• Management Accounting by R.S. Narayanaswamy and P.K. Sinha: Covers cost accounting, budgeting, and variance analysis for managerial decision-making.
• Financial Accounting (Principles and Practice) by Jawahar Lal: Provides a clear understanding of fundamental accounting principles and practices.

Economics:

• Indian Economy by Mishra and Puri: Analyzes the Indian economy in detail, covering its structure, growth, and development challenges.
• Macroeconomic Theory by P.K. Misra and Ashok Agarwal: Explains macroeconomic concepts and their application to economic policy formulation.
• Microeconomic Theory by R.L. Ahuja: Introduces microeconomic principles and their implications for business decision-making.

Marketing Management:

• Marketing Management (Indian Context) by Philip Kotler and Sunil Bharadwaj: Adapts Kotler's renowned marketing framework to the specificities of the Indian market.
• Consumer Behaviour (Indian Perspective) by Rajkumar Singh and Sudhir Singh: Examines consumer behavior patterns and influences in the Indian context.
• Services Marketing (Indian Perspective) by Jagdish N. Sheth and A. Parasuraman: Focuses on the unique challenges and strategies for marketing services in India.

Organizational Behavior:

• Organizational Behaviour and Management Process by P.C. Gupta: A comprehensive textbook covering all aspects of human behavior in organizations, leadership, and group dynamics.
• Human Resource Management (Theory and Practice) by T.N. Chary: Explores various HR functions and their role in organizational success.
• Performance Management by Udai Pareek: Examines different performance management systems and their effectiveness in Indian organizations.

Strategic Management:

• Strategic Management (Concepts and Cases) by V.S.P. Rao and P.S.N. Prasad: Provides a theoretical framework for strategic decision-making and includes case studies of Indian companies.
• Competing in India: Strategies for Growth by Michael Porter and Vijay Govindarajan: Offers insights into the competitive landscape in India and strategies for success.
• Developing Business Strategies in India by Sudipto Bhattacharya: Explores the challenges and opportunities of doing business in India and developing effective strategies.

Additional Resources:

• Management Development Institute (MDI) Case Studies: Case studies on Indian companies across various industries, providing valuable insights into real-world business situations.
• Journals: Indian Management Review, Journal of Management Development, and Vikalpa are some highly regarded journals featuring research articles on business and management in India.

Remember, this list is not exhaustive, and the specific books you find most valuable will depend on your individual interests and specialization. It's also recommended to consult your MCom program faculty or library for additional recommendations.

M Com Syllabus books required during the M Com Course period and also for the preparation of M Com entrance exams are as follows. Do remember to always study from the latest editions of these books, These M Com reference books provide guidelines and basic idea on numerous business and commerce theories.

• Cost Accounting by M.P. Gupta
• Business Taxation by Radhakrishnan P
• Principles of Accounting by Dixon Cooper, Mitchell Franklin & Patty Graybeal
• Financial Management by I.M. Pandey

Also Read: Top M Com Colleges in Bangalore

The MCom course structure can vary depending on the university and chosen specialization, but here's a general overview:

Duration: Typically 2 years, divided into 4 semesters.

Core Subjects: 

These are mandatory for all students, covering fundamental concepts across various areas of commerce. Examples include:

• Financial Management
• Accounting
• Economics
• Business Research Methods
• Marketing Management
• Organizational Behavior
• Strategic Management

Elective Subjects: 

These allow students to specialize in specific areas of interest. Examples include:

• Finance: Corporate Finance, Investment Management, Financial Risk Management
• Marketing: Digital Marketing, Consumer Behavior, Brand Management
• Accounting: Advanced Financial Accounting, Taxation, Auditing
• Human Resource Management: Talent Management, Labor Relations, Organizational Development
• International Business: Global Marketing, International Trade, International Finance

Semesters:

• Semester 1 & 2: Focus on foundational knowledge with core subjects and introductory electives.
• Semester 3 & 4: Deepen understanding through advanced core subjects and specialized electives.
• Project/Dissertation: Often included in the final semester, requiring independent research and writing on a chosen business topic.

Additional Elements:

• Case studies: Many programs incorporate case studies to apply theoretical concepts to real-world scenarios.
• Internships: Some universities offer optional or mandatory internships for practical experience.
• Skill development workshops: Workshops may be offered on skills like communication, data analysis, and leadership.

Factors influencing structure:

• University curriculum
• Chosen specialization (if applicable)
• Availability of faculty and resources

Useful Tips:

• Consult the official syllabus of your chosen university for the most accurate information.
• Select electives based on your interests and career objectives.
• Utilize additional resources like case studies and workshops to enhance your learning.