Commerce is one of the most admired academic courses in India. It is even amongst the course streams offered at a high school other than science & humanity. MCom is a master's degree in the field of commerce. It is a two-year full-fledged programme recognised by UGC.
While pursuing a course in this field, you can gain knowledge about stock markets, economic theory, finance, accounts and non-profit flows. The number of employment opportunities available after procuring a degree in commerce has increased over the years.
Securing a postgraduate degree provides students with a specialisation in economics, accounting, bookkeeping, tax, law and costing. Due to diversified knowledge offered by the subject, students who successfully complete MCom degree are open to numerous job profiles.
It is vital to get a (10+2) degree in commerce stream in order to get admission to a bachelor's and master's programme. Those who are not able secure high scores can opt for Bcom and MCom programmes offered by numerous distance learning programmes.
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After Completing Their High School In Commerce,
Students can go for Bcom, Mcom, BBA, MBS, BMS & MBS. After securing a graduate or postgraduate degree in commerce one can also opt for PGDM courses.
Professional courses such as chartered accountancy, company secretary, cost & work account, chartered financial analyst, banking, investment & insurance are available.
Individuals who crave to become experts in commerce are required to possess a deep interest in numbers and excellent computer skills. They must have the skills like logical thinking, high intellectuality, accuracy, ability to work under pressure & must be able to provide timely deliverance. Flexibility, good communication skills, office management, organisational skills can be add-ons.
Those who wish to go for specialised courses such as CA, CS, and CF can apply in Institute of Chartered Accountant of India, Institutes of Company Secretaries, CFA Institute, National Institute of Securities Market, Institute of Cost & Work Accounts of India.
Successful completion of MCom opens up numerous career opportunities in national & international spheres, foreign banks, foreign insurance and globalisation. CA is a prestigious career and professionals can obtain a job in finance and banking sectors.
There are even nonfinance sectors that recruit students to a great scope like Civil Services, Indian Statistical Services, Indian Economic Service & teaching are other lucrative career options.
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Junior accountant, company law accountant, sales officer, relationship manager, cashier budget analyst, auditor and sales officer are some more career options in the commerce stream.
After completing MCom, individuals can grab a job in private banks, government banks, railways. Those looking for a secured professional qualification, it is important to clear competitive exams.