Comparing MBA and M.Com: Differences in Courses, Fees, and Job Opportunities

By universitykart team, Posted on Jun 27, 2024
Comparing MBA and M.Com

Higher education offers two main choices after completion of a bachelor's degree in commerce, economics, or business studies degree: pursuing an MBA degree or going into the specialized field of M.Com. Many B.Com graduates are faced with the "MCom vs MBA" decision since both paths have benefits and opportunities that are different. MCom and MBA are both highly rewarding PG courses to have a successful career. MBA provides management knowledge whereas MCom provides financial knowledge. Although MCom is mainly for students who have completed BCom Students from all backgrounds can study an MBA.

The top Entrance Exams for MCom are CUET PG, IPU CET, etc., and for MBAs are CAT, MAT, CMAT, NMAT, etc. The average place placement for an MBA is higher as compared to MCom. Top job roles after the MBA are Project Manager, Hotel Manager, Business Development Manager, etc., and after MCom are Finance Manager, Account Administrator, Administrative Manager, etc.

MCom vs MBA: Overview

Parameters

MCom

MBA

Full Form

Master of Commerce

Master of Business Administration

Duration

2 years

2 years

Focus

Advanced study in commerce, finance, accounting, and economics

Broad business management skills, leadership, and strategic thinking.

Approach

Theoretical, in-depth study of commerce and finance subjects.

Practical, case-study-based learning

Level

Post Graduate Level

Post Graduate Level

Admission

Merit or Entrance Exam Based

Entrance Exam Based

Entrance Exams

BHU PET, PU CET, AU CET, etc.

CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT

Eligibility

50% aggregate in BCom or BCom Hons or equivalent from a recognized university.

50% in Graduation

Specializations

MCom Accounting and Finance, MCom Taxation, MCom Marketing, etc.

MBA Finance, MBA Marketing, MBA Human Resources, MBA Operations, etc.

Core Subjects

Financial accounting, business laws, taxation, corporate finance, and economics

Marketing, finance, human resources, operations, strategy, and entrepreneurship

Average Fees

INR 5,000 to INR 40,000

INR 5,00,000 – INR 18,00,000

Top Colleges

Hindu College, Delhi, Mithibai College of Arts, Mumbai, Christ University, Bangalore, and many more.

IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Lucknow, SPJIMR Mumbai, XLRI, FMS Delhi, IIM Indore, IIM Kozhikode, etc.

Roles

Specialized roles such as Accountant, Financial Analyst, Auditor, Tax Consultant, and Lecturer

Managerial and executive positions such as Marketing Manager, Financial Manager, HR Manager, Operations Manager, and Business Consultant

Industries

Primarily focused on finance and accounting firms, educational institutions, and research organizations.

Diverse industries include corporate firms, banks, consulting firms, startups, and non-profits.

Growth

Steady career growth, often leading to senior positions in finance and accounting, or academic roles

Fast-tracked career growth with opportunities for leadership positions and significant career advancement

Skills gained 

Specialized knowledge in accounting, financial management, and commerce-related skills

Leadership, strategic thinking, decision-making, communication, financial management & analytical skills

Top jobs available 

Accountant, Auditor, Financial Analyst, Tax Consultant, Banking Professional 

CEO, CFO, Marketing Manager, Operations Manager, Business Analyst 

Top hiring companies

Ernst & Young, Deloitte, PricewaterhouseCoopers, KPMG, HDFC Bank, Reliance Industries 

Tata Consultancy Services, Accenture, Infosys, ICICI Bank, Amazon, IBM 

Modes of learning available 

Full-time, part-time, online, distance Learning 

Full-time, part-time, online, distance, executive MBA 

MCom (Master of Commerce): 

MCom is a postgraduate academic degree that focuses on advanced studies in commerce, economics, and finance. It offers specialized knowledge in areas such as accounting, business law, and corporate governance. MCom programs often include research components and are suitable for those aspiring to roles like accountants, auditors, and financial analysts.

MBA (Master of Business Administration):

MBA is a postgraduate degree emphasizing diverse aspects of business and management. It equips students with strategic thinking, leadership skills, and a holistic understanding of marketing, finance, human resources, and operations. MBA graduates pursue roles in leadership and management across various industries. 

 MCom vs MBA: Subjects

The subjects in MCom and MBA are listed below.

MCom Subjects

MBA Subjects

Accounting and Managerial Decisions

Accounting and Financial Management

Computer Applications in Business

Business Economics

Corporate Legal Environment

Corporate Finance

E-Commerce

Human Resource Management

Financial Management

Leadership and Entrepreneurship

Managerial Economics

Management of Change

Statistical Analysis

Management Theory and Practice

Business Environment

Managing for Sustainability

Corporate Financial Accounting

Research Methods

Corporate Tax Planning

-

Economics of Global Trade and Finance

-

Management Concepts and Organization Behavior

-

Marketing Behaviour

MBA vs M.Com - Salary Packages 

The following are the typical MBA and M. Com graduate income ranges:

The average salary for an MBA graduate is:

Designation

Average Salary (INR)

Marketing Manager

INR 5.5LPA

Regional Sales Manager

INR 3.6LPA

Operations Manager

INR 5.4LPA

Digital Marketing Analyst

INR 5.1LPA

The average salary for an M.Com graduate is:

Designation

Average Salary (INR)

Accountant

INR 2.2LPA

Finance Analyst

INR 3.9LPA

Finance Manager

INR 3.9LPA

Executive Assistant

INR 3.1LPA

 Future Courses: MBA / MCA

Some of the future courses for MCom and MBA graduates are given below.

Future Courses after MCom

Future Courses after MBA

Chartered Accountant

Fellowship Programme in Management

CFA

Executive MBA

CMA

PhD in Management

MBA

Certified Management Accounting

CS Course

Chartered Financial Analyst

Frequently Asked Questions 

Ques: What is the primary difference between an MBA and an M.Com degree?

Ans: An MBA (Master of Business Administration) focuses on broad business management skills, leadership, and strategic thinking, while an M.Com (Master of Commerce) focuses on advanced studies in commerce, finance, accounting, and economics.

Ques: Which degree has better job prospects: MBA or M.Com?

Ans: Generally, an MBA offers broader job prospects with higher salaries in managerial and executive positions across various industries. An M.Com is more specialized and typically leads to roles in finance, accounting, and education.

Ques: What are the eligibility criteria for an MBA and an M.Com?

Ans: For an MBA, candidates usually need a graduation degree with at least 50% marks and may require entrance exam scores such as CAT, MAT, or GMAT. For an M.Com, candidates need a B.Com or equivalent degree with at least 50% marks.

Ques: What are the typical fees for MBA and M.Com programs?

Ans: MBA programs generally cost between INR 5,00,000 and INR 18,00,000, while M.Com programs are more affordable, with fees ranging from INR 5,000 to INR 40,000.

Ques: Can I pursue an MBA if I have a background in a field other than commerce?

Ans: Yes, students from any academic background can pursue an MBA, provided they meet the eligibility criteria and clear the entrance exams.

Ques: What are the top entrance exams for MBA and M.Com admissions?

Ans: For MBA: Common entrance exams include CAT, MAT, XAT, CMAT, NMAT, and ATMA.

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