M.A. Economics vs M.Com After B.Com - Which is a Better Option?
Both M.Com (Master of Commerce) and M.A. (Master of Arts) Economics are postgraduate degree courses completed in a duration of two years. But there are many factors that will help you decide which is the best for you.
When B.Com (Bachelor of Commerce) graduates consider pursuing a postgraduate degree, one common question that arises is whether to opt for M.Com (Master of Commerce) or M.A. Economics (Master of Arts in Economics). If you find yourself in a similar dilemma, this is the right place to seek guidance and make an informed decision about your future. By comparing the similarities and differences between these two programs, you can evaluate which one aligns better with your interests and career aspirations.
Both M.Com and M.A. Economics are postgraduate degrees that span a duration of two years. While economics influences our daily decision-making, accounting and commerce provide insights into how businesses impact the economy, directly or indirectly. Hence, choosing between M.A. Economics and M.Com depends on your personal interest and inclination towards a particular field.This article presents a comprehensive comparison of these two programs, covering aspects such as curriculum, syllabus, career prospects, salary packages, and more. By reviewing the content below, you can determine which option suits you best.
Highlights on M.A. Economics Vs M.Com: Which is Better After B.Com
Here is a quick overview of both the courses.
Features | M.A. Economics | M.Com |
Full-Form | Master of Arts in Economics | Master of Commerce |
Stream | Social Science | Commerce |
Duration | 2 Years | 2 Years |
Course Type | Degree Programme | Degree Programme |
Level | Postgraduate | Postgraduate |
Salary Package | INR 4 LPA - INR 30 LPA | INR 2 LPA - INR 21 LPA |
Employment Opportunities | Financial Analyst, Personal Finance Consultant, Research Associate, Business Analyst, Credit Officer | Assistant Accountant, Account Executive, Operation Manager, Financial Analyst, Audit Officer, Accountant |
M.A. Economics Vs M.Com - Eligibility
Here is a comparison between the educational qualifications required for M.A. Economics and M.Com.
M.Com | M.A. Economics |
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M.A. Economics Vs M.Com - Selection Criteria
The selection criteria for M.A. Economics Vs M.Com at colleges/ universities all over the country cannot be concluded in a point. So, here are some common criteria for you to get an idea of it.
M.Com | M.A. Economics |
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M.A. Economics Vs M.Com - Syllabus
There are various specialisations in M.Com course in India. One such specialisation is M.Com in Applied Economics. Now, if you take this programme and do a comparison of M.Com and M.A. Economics syllabus, you will find out that both the courses might have some similar subjects included in their syllabus, but both the course teaches different aspects of these topics.
Other than the general syllabus of M.Com, M.A. Economics does have strong similarities with M.Com (Applied Economics). You can check out and compare the topics involved in both the courses below.
Syllabus of M.Com (Applied Economics) | Syllabus of M.A. Economics |
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M.A. Economics Vs M.Com - Salary Package
Here is a comparison of salary package of an M.A. Economics Vs M.Com. It must be noted that the salary package depends upon an organisation, a candidate’s experience in the filed, job type and designation of a candidate.
Courses | M.Com | M.A. Economics |
Average Package of a Fresher | INR 2 LPA | INR 2.89 LPA |
Average Package With an Experience of 10 Years | INR 5.8 LPA - INR 10 LPA | INR 7.44 LPA - 15.2 LPA |
Average Package at Top Companies | INR 92K - INR 21 LPA | INR 5.03 LPA - INR 30 LPA |
M.A. Economics Vs M.Com - Job Prospect
Check out the comparison of job types and top recruiters for M.Com Vs M.A. Economics.
Courses | M.Com | M.A. Economics |
Job Types |
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Top Recruiting Companies |
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FAQs
What are the job opportunities for M.A. Economics?
The salary package of M.A. Economics is given below:
- Accountant
- Operations Manager
- Financial Analyst
- Research Analyst
- Data Analyst
- Economist
- Investment Banker
- Credit Officer
- Branch Manager
- Marketing Analyst
- Corporate Analyst
What are the job opportunities for M.Com?
The salary package of M.Com is given below:
- Accountant
- Operation Manager
- Finance Analyst
- Finance Manager
- Assistant Accountant
- School Teacher
- Professor
- Audit Officer
What is the salary package of M.A. Economics?
The salary package of M.A. Economics is given below:
- Average Package of a Fresher- ? 2.89 LPA
- Average Package with 10 years experience- ? 7.44-? 15.2 LPA
- Average Package at Top Companies- ? 5.03- ?30 LPA
What is the salary package of M.Com?
The salary package of M.Com is given below:
- Average Package of a Fresher- ? 2 LPA
- Average Package with 10 years experience- ? 5.8-? 10 LPA
- Average Package at Top Companies- ? 92K- ?21 LPA
What is the syllabus of M.A. Economics?
The syllabus of M.A. Economics is given below:
- International Finance
- Monetary Economics
- International Trade
- Macroeconomic Analysis
- Elementary Statistics
- Economics of Industry
- Economics of Agriculture
- Labour Economics
- Demography
- Economics of Development and Gender
- Public Economics
- Issues in the Indian Economy
- Indian Public Finance
- Financial Institutions and Markets
- Economics of Insurance
- Econometrics
What is the syllabus of M.Com?
The syllabus of M.Com is given below:
- Advanced Economics Analysis
- Monetary Theory and Practice
- International Trade and Banking
- Business Economics
- Statistical Trade
- Industrial Economics
- Rural Economics
- Labour Economics
- Demography and Population Study
- Foreign Exchange Management
- Economic Development and Planning
- Public Utility Economics
- India and the World Economy
- Research Methodology
- Transport Economics and Logistics
- Small Business and Entrepreneurial Skills
What is the selection criteria of M.A. Economics?
The selection criteria of M.A. Economics is as follows:
- At most of the M.A. Economics colleges in India, the admissions are conducted based on an entrance examination.
- The entrance exams are then usually followed by a Personal Interview session.
- Some examples of colleges conducting entrance exams are Christ University (Aptitude Test), BGU - Birla Global University, O.P. Jindal Global University (JGU Entrance Test), Amity University Noida, and Chandigarh University.
What is the selection criteria of M.A. Economics?
The selection criteria of M.A. Economics is as follows:
- At most of the M.A. Economics colleges in India, the admissions are conducted based on an entrance examination.
- The entrance exams are then usually followed by a Personal Interview session.
- Some examples of colleges conducting entrance exams are Christ University (Aptitude Test), BGU - Birla Global University, O.P. Jindal Global University (JGU Entrance Test), Amity University Noida, and Chandigarh University.
What is the selection criteria of M.Com?
The selection criteria of M.Com is as follows:
- At most of the M.Com colleges in India, the admissions are merit-based.
- The percentage scored by candidates at their undergraduate degree courses is taken into account at the time of the selection process.
- This means that candidates who have shown better performance in their Bachelor’s have higher chances of grabbing a seat than others.
What is the eligibility criteria of M.A. Economics?
The eligibility criteria of M.A. Economics is as follows:
- Candidates must either hold a B.Com degree or B.A. Economics degree from a recognised university.
- Minimum percentage requirement varies from college to college.