MCom Syllabus

MCom, or Master of Commerce, is a two-year postgraduate commerce programme usually pursued by students after completing their undergraduate degree in commerce. The MCom syllabus encompasses advanced topics in commerce, accounting, management, and economics, preparing students for careers in industries related to economics, accounting, and management.

The MCom curriculum is divided into a two-year programme, covering subjects such as managerial economics, strategic management, marketing management, e-commerce, taxation, business environment, finance, computer applications, and others.

In this blog, you will learn everything you need to know about Mcom syllabus:

M.Com 1st year subjects

In the first year of MCom, students can anticipate a comprehensive introduction to foundational concepts and principles in commerce and related fields. The curriculum typically covers a range of fundamental topics, equipping students with essential knowledge and skills vital for their academic and professional journey.

M.Com 1st year subjects are:

Corporate Accounting:

• Understanding of basic accounting principles and practices
• Exploration of financial statement preparation and analysis
• Application of accounting standards and regulations in corporate settings
• Introduction to cost accounting methods and techniques
• Analysis of financial performance indicators and ratios

Management Concepts and Organisational Behaviour:

• Examination of foundational management theories and concepts
• Study of organisational structures, functions, and processes
• Analysis of individual and group behaviour in organisational contexts
• Exploration of leadership styles and motivational theories
• Application of management principles in real-world scenarios

Marketing Management:

• Introduction to Marketing Concepts, Strategies, and Techniques
• Analysis of consumer behaviour and market segmentation
• Study of product development, pricing, promotion, and distribution strategies
• Exploration of marketing research methods and data analysis
• Application of marketing principles in developing marketing plans

Financial Management:

• Understanding of financial decision-making principles and techniques
• Analysis of capital budgeting and investment appraisal methods
• Study of sources of finance and capital structure theories
• Exploration of working capital management and treasury functions
• Application of financial management tools in risk analysis and mitigation

Entrepreneurship Management:

• Exploration of entrepreneurial traits, skills, and competencies
• Study of business opportunity identification and evaluation
• Analysis of entrepreneurial strategies for business start-ups and growth
• Introduction to business planning, feasibility studies, and risk assessment
• Application of entrepreneurial concepts in creating and managing new ventures

Business Environment and Law:

• Understanding business environment factors influencing organisational operations
• Analysis of economic, social, political, and technological trends impacting businesses
• Study of the legal framework governing business operations, contracts, and property rights
• Exploration of corporate governance principles and regulatory compliance
• Application of business law concepts to ethical decision-making and risk management

MCom 2nd year

1. Advanced Corporate Accounting:
   
   
   • In-depth analysis of complex accounting issues related to mergers, acquisitions, and consolidations
   • Exploration of international accounting standards and practices
   • Study of advanced topics in financial reporting, including segment reporting and interim financial statements
   • Application of accounting principles in specialised industries such as banking, insurance, and manufacturing
   • Examination of contemporary issues and challenges in corporate accounting
2. Strategic Management:
   
   
   • Understanding of strategic management frameworks and models
   • Analysis of organisational mission, vision, and strategic objectives
   • Study of strategic planning processes, including environmental scanning and SWOT analysis
   • Exploration of competitive strategies, including differentiation, cost leadership, and focus strategies
   • Application of strategic management concepts in developing and implementing organisational strategies
3. Consumer Behaviour and Market Research:
   
   
   • Analysis of consumer decision-making processes and factors influencing consumer behaviour
   • Study of market research methods, including qualitative and quantitative research techniques
   • Exploration of data collection, sampling, and analysis methods in market research
   • Application of market research findings in product development, pricing, and promotion decisions
   • Examination of ethical considerations and challenges in consumer research
4. Financial Markets and Institutions:
   
   
   • Understanding of financial market structures and functions
   • Analysis of different types of financial institutions and their roles in the economy
   • Study of financial instruments and securities traded in capital markets
   • Exploration of risk management techniques used by financial institutions
   • Application of financial market concepts in investment and portfolio management
5. International Business and Trade:
   
   
   • Examination of theories of international trade and globalisation
   • Analysis of international trade policies, agreements, and organisations
   • Study of entry modes and strategies for international expansion
   • Exploration of cross-cultural management issues in international business operations
   • Application of international business concepts in assessing global market opportunities and risks
6. Corporate Governance and Ethics:
   
   
   • Understanding of corporate governance principles and practices
   • Analysis of board structures, roles, and responsibilities in corporate governance
   • Study of corporate social responsibility (CSR) and sustainability practices
   • Exploration of ethical theories and frameworks in business decision-making
   • Application of corporate governance and ethics principles in addressing corporate scandals and controversies

MCom Entrance Exam Syllabus

Admission to MCom programmes in various universities can occur either directly or through the CUET entrance test for centralised Indian universities. Students attempting CUET for MCom admission will cover accounting, economics, management, quantitative aptitude, and more.

Here is an overview of MCom entrance exam syllabus:

Syllabus: The syllabus for MCom entrance exams generally covers topics related to commerce, accounting, economics, and management. Here's a breakdown of the syllabus:

1. Commerce and Accountancy
2. Economics
3. Management
4. Quantitative Aptitude
5. General Awareness
   
   

Preparation Tips:

• Understand the exam pattern and syllabus thoroughly.
• Practise previous years' question papers and sample papers to get an idea of the types of questions asked.
• Strengthen your basics in commerce, accounting, economics, and management.
• Develop a study schedule and allocate time for each subject accordingly.
• Stay updated with current affairs and general knowledge topics.

Related Blog: Courses after Mcom

Career and study options after MCom

MCom is a post-graduate programme that offers students a multitude of opportunities. They can pursue employment in corporate or management firms or venture into entrepreneurship, leveraging the business knowledge gained through MCom. Alternatively, many students opt to further their studies and pursue an MBA. Here are the career and study options available after completing MCom. 

• Further Studies:
  
  
  • PhD in Commerce
  • Professional Certifications
  • Postgraduate Diploma or Certification Courses
  • Executive MBA (EMBA)
    
    

Some of the major books helpful for MCom are mentioned below.

1. Principles of Accounting by Dixon Cooper, Mitchell Franklin, and Patty Graybeal
2. Financial Management by I.M. Pandey
3. Organisational Behaviour by SP Robbins
4. Cost accounting by M.P. Gupta
5. Investment Analysis and Portfolio Management by Frank K. Reilly and Keith C. Brown

MCom is an interesting choice for commerce students looking to enhance their academic abilities in the fields of management, accounting, and economics. An M.Com. degree opens doors to a wide variety of careers in business and education. It can help you find the right role that matches your skills, and the best part is that there are many growth opportunities available after completing an MCom.

Interested?

Speak to an AECC counsellor and know how to apply for MCom!