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Kamaldeep
23 January, 2024
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“Sometimes during the two-year curriculum, every MBA student ought to hear it clearly stated that numbers, techniques, and analysis are all side matters. What is central to business is the joy of creating.” – Peter Robinson
MCom or Master of Commerce teaches a learner about finance, business and the dynamics of the ever-capricious market. A masters’ degree in the field of Commerce is an academic pursuit but an MBA degree transforms that academic pursuit by nurturing one with the skills and calibre that equip one to sail through the business world and its complexities.
MBA, as a degree, does not just add letters to your credentials and more certificates to your collection; it is about becoming the maestro of management, with innovation and success as the lead roles of your life. It is a voyage of business brilliance that promises the art of business finesse. An MCom after MBA is about increasing your knowledge currency and stepping into worlds of finance, marketing, business, human resource and the intricacies of the dynamics of it.
Having a master’s degree in the field of Commerce can be driven into a strategic decision with a productive output for a career if you go for an MBA after that. Your expertise about the Commerce industry when infused with the knowledge of how to deal with businesses, industries and their management can do wonders for your career.
An MCom degree provides insight into areas like Accounting, Commerce, or Finance. An MBA degree Provides one with diversified knowledge of the same fields but also covers the tactics of Operations, Marketing, Entrepreneurship and Human Resources. So pursuing an MBA after MCom is finessing your knowledge and developing an overall well-rounded multifunctional skill-set that applies to various fields beyond just the art of Commerce.
Going beyond what is written in the textbooks and actually functioning in the real world makes a whole lot of difference to your professionalism and work spirit. If you have any aspiration to work in a fast-paced business industry or to start your own business, an MBA is the perfect podium to step on and start with. The degree is the doorway to a new professional life that provides a plethora of opportunities for career advancement and teaches you the skills and the knowledge that will be needed, Not just for being an Entrepreneur or work in an industry but also how to skillfully plan or manage a business.
If you dream of having a career that not only provides global opportunities but also pays a handsome salary then an MBA degree after MCom is the place to start with. An MBA degree is considered as a very valuable qualification worldwide that infuses learners with the spirit of leadership, strategic thinking and problem-solving skills; absolutely crucial for taking on high-level skills.
The present day and age is of competition. Every person is skilled and is striving to gain excellence. An MBA degree, besides teaching you what an industry requires, builds your personal skills and pushes you towards holistic development so that learners can easily adapt to the ever-changing landscapes of businesses and industries. Since today’s market is dynamic and changing every other minute, only the professionals who can stay on top of the game are the ones who make it to the top of the tally.
| Accountancy | Human Resource Management |
| Business Analytics | International Business |
| Entrepreneurship | Marketing |
| Finance Management | Operations Management |
| Financial Risk Management |
| Job Role | Average Salary (Per Annum) |
| Finance Manager | INR 9,60,000 |
| Business Analyst | INR 6,85,000 |
| Investment Banker | INR 9,70,000 |
| Management Consultant | INR 11,00,000 |
| Sales Manager | INR 6,50,000 |
| Product Manager | INR 15,00,000 |
| Corporate Treasurer | INR 12,00,000 |
| Credit Analyst | INR 6,00,000 |
| Account Manager | INR 6,20,000 |
| Financial Analyst | INR 6,00,000 |
| Supply Chain Manager | INR 8,00,000 |
| Human Resources Manager | INR 7,00,000 |
| Marketing Manager | INR 7,50,000 |
If you are thinking of pursuing an MBA programme after MCom, here is the standard eligibility criteria for the management course to help you out:
The applicant must have a graduation degree in any discipline from a recognised university with a minimum of 50% marks. The requirement for minimum marks varies from one university to the other.
You must qualify one of the national or state-level MBA entrance exams such as CAT, XAT, MAT, GMAT, NMAT, IPMAT, etc In order to seek admission. Some universities also conduct their own entrance examinations. In that case, you have to qualify for either the above-mentioned exams or the university entrance exam.
Most universities do not require students to possess any work experience in order to seek admission into their MBA programme. However, for Executive MBA degrees, universities do require students to hold some experience in relevant fields.
Group discussion and personal interviews constitute the final steps of the selection process. Some universities may also want you to give a micro presentation to assess your communication and creativity skills.
Going for a second master’s degree after an MCom is a very important decision. One point to remember is that the institution you choose to pursue an MBA from will also make a huge impact on the outcome of your career after completion of the course. Some of the top MBA colleges that you can go for after MCom include:
| Name of the University | Fee |
| IIM Ahmedabad | INR 22,00,000 |
| IIM Bangalore | INR 24,50,000 |
| IIM Kozhikode | INR 20,50,000 |
| IIM Calcutta | INR 27,00,000 |
| XLRI Jamshedpur | INR 23,15,000 |
| Symbiosis Institute of Business Management | INR 25,00,000 |
The scope for a bright career after an MBA is not just limited to students. Professionals can also opt for doing an online/distance MBA if they wish to push their career into a direction of new growth and excellence.
This is the digital age presently where education is also served through different modes and is not limited to just the mode of learning through traditional classrooms. For the continuation of the process of learning, today, several universities globally and in India offer management programmes through online modes as well. One can also complete their management degree by pursuing it as a part-time programme in which the classes are usually held during the weekends.
An MBA degree for professionals would open up a new realm of quality and quantity of opportunities that not only have a better scope of building a successful career but also would enhance one’s own calibre, industrial acumen, business knowledge and management expertise.
| Online University | Program Fees |
| DY Patil University | INR 1,70,000/- |
| Amity Online | INR 1,61,000/- |
| Jain Online | INR 1,70,000/- |
| Chandigarh University | INR 1,50,000/ |
| Symbiosis Online | INR 1,50,000/- |
For any individual who is looking for a thriving career and wishes to gain a global perspective, build networking opportunities and develop their skills & calibre, an MBA after an MCom is a must. One who wishes to follow a well-rounded business education that widens their abilities exposes them to real business discipline and turns them into a high- functional professional, the management degree is their key to the treasure.
