MCom Syllabus & Subjects 2024

MCom subjects and syllabus include core and elective subjects like financial accounting, income tax, corporate taxes, international business, financial management, managerial economics, and many more. These subjects are divided into four semesters packed into two years of postgraduate degree. The curriculum of the Masters of Commerce degree includes subjects that broaden a student’s knowledge about banking, e-commerce, and financial aspects in the commercial world.

The MCom specialisation subjects and syllabus focus on a distinct area, giving each person a unique knowledge base. For instance, MCom Finance specialisation subjects include corporate finance, financial markets, security analysis, advanced corporate accounting, taxation, etc. The MCom course in business management covers e-commerce, Management Information Systems (MIS), labour legislation, business ethics and governance, and more. Similarly, MCom Marketing, MCom Human Resource Management, and others have distinct subjects and syllabi. 

For admission to the top MCom colleges in India, candidates must be well-versed and clear the entrance exams with flying colours. MCom entrance exams include CUET PG, OUCET, AMU Entrance Exam, etc. The MCom entrance exam syllabus and subjectsinclude quantitative aptitude and interpretation topics, logical reasoning, business mathematics, statistics, etc. On the basis of the entrance exam results, candidates can enrol in MCom courses and qualify for positions like Bank Managers, Business Analysts, Tax Analysts, etc.

The important MCom course details are provided here for students to know everything about the programme:

Here is the year-wise and semester-wise breakdown of MCom subjects and syllabus 2024. The core and elective MCom subjects provide candidates with adequate knowledge about financial management, accounting, and specialisations chosen by the candidates. 

MCom Core Subjects

The core MCom subjects and the topics included in it are given below:

MCom Elective/ Optional Subjects

The list of MCom optional subjects is here. These subjects can be chosen by candidates according to their preferences. Whatever a student is passionate about, they can choose them and carry forward with their studies. The MCom elective subjects include:

A general year-wise and MCom syllabus semester-wise is mentioned below for your reference:

MCom Subjects & Syllabus 1st year

Here is the MCom syllabus 1st year divided into two semesters:

MCom Semester 1 Subjects & Syllabus

MCom Semester 2 Subjects & Syllabus

MCom Subjects & Syllabus 2nd Year

Here’s the list of major MCom subjects 2nd year broken down into 3rd and 4th semester:

MCom Semester 3 Subjects & Syllabus

MCom Semester 4 Subjects & Syllabus

Several specialisations are available for students aspiring to do MCom. Candidates can choose any of the fields according to their specific areas of interest within the commerce field. Some of the most popular MCom specialisations include:

MCom in distance allows candidates to pursue the degree flexibly. The MCom distance course subjects and syllabus are similar to the regular program. The semester-wise breakdown is provided here so that students know what to expect from the course.

MCom Distance Course Subjects 1st Year

Here’s the list of prominent MCom distance course subjects 1st year;

MCom Semester 1 Distance Education Subjects

MCom Semester 2 Distance Education Subjects

MCom Distance Course Subjects 2nd Year

Here is the list of MCom distance course subjects for the second year divided into third and fourth semesters:

MCom Semester 3 Distance Education Subjects

MCom Semester 4 Distance Education Subjects

The MCom Entrance Exam Syllabus 2024 may vary depending on the university and the specific MCom programme the candidate applies for. However, some general topics they can expect to see on the exam include:

1. Quantitative Aptitude and Data Interpretation:

• Number Systems
• LCM and HCF
• Profit and Loss
• Probability
• Functions
• Time and Work
• Averages
• Ratio and Proportion
• Speed, Time, and Distance
• Surds and Indices
• Inequalities
• Sequences and Series
• Data Interpretation (Tables, Bar Graphs, Line Charts, Pie Diagrams, Venn Diagrams, Column Graphs)

2. Logical Reasoning:

• Number and letter series
• Binary Logic
• Logical sequence
• Seating arrangement
• Clocks, Cubes, Calendars
• Logical connectives
• Syllogism
• Blood Relations

3. English Language and Comprehension:

• Vocabulary
• Synonyms, Antonyms and Analogy
• Grammar (Verb Agreement, Modifiers, Parallelism, Pronoun Antecedent Agreement, Verb Time, Sequence/ Tenses, Prepositions, Comparison, Determiners, Voices and Speech, Articles, etc.)
• Reading Comprehension
• Jumbled paragraph
• Summary sentence
• Verbal reasoning
• Sentence completion
• Summary questions
• Facts/judgements/inferences

4. General Awareness:

• Indian Polity
• Economy
• Geography
• History and Culture
• Current Affairs (National & International)
• Science and Technology
• Business and Commerce

5. Business Mathematics and Statistics:

• Business Mathematics (Permutations and Combinations, Averages, Probability, etc.)
• Statistics (Mean, Median, Mode, Standard Deviation, Correlation, Regression, etc.)

6. Management Concepts:

• Principles of Management
• Organisational Behaviour
• Marketing Management
• Financial Management
• Human Resource Management

7. Accounting:

• Basic Accounting Concepts
• Double Entry System
• Journal and Ledger
• Trial Balance
• Financial Statements

Candidates looking to find specific information about MCom entrance exams for particular universities can check out the following resources:

• University websites: Most universities have a different website and page for their MCom program, which ought to describe the syllabus of the entrance examination to the MCom program, and even the other processes needed to be followed for getting admission into them.
• Official MCom Entrance Exam Brochures: Generally, there is a brochure prepared by most universities providing detailed information about the entrance examination: the syllabus, model questions, and so forth. Most universities update this on their respective university websites, especially the entrance exam cell websites.
• Coaching Institutes: Some coaching institutes prepare students for both the subjects and training needed to pass an MCom entrance exam.

Here are some important MCom books name by Indian authors, categorised by subject:

Financial Management:

• Financial Management (Theory and Practice) by I.M. Pandey: A comprehensive textbook covering all aspects of financial management, including financial analysis, investment, capital budgeting, and financial markets.
• Corporate Finance by S.L. Gupta: Focuses on advanced corporate finance topics like mergers and acquisitions, restructuring, and valuation.
• Investment Management by V.K. Gupta and Ashish Gupta: Explores various investment avenues, portfolio management strategies, and risk management techniques.

Accounting:

• Advanced Accounting (Vol. I & II) by P.C. Tulsian: A detailed guide to complex accounting concepts, including consolidation, joint ventures, and lease accounting.
• Management Accounting by R.S. Narayanaswamy and P.K. Sinha: Covers cost accounting, budgeting, and variance analysis for managerial decision-making.
• Financial Accounting (Principles and Practice) by Jawahar Lal: Provides a clear understanding of fundamental accounting principles and practices.

Economics:

• Indian Economy by Mishra and Puri: Analyses the Indian economy in detail, covering its structure, growth, and development challenges.
• Macroeconomic Theory by P.K. Misra and Ashok Agarwal: Explains macroeconomic concepts and their application to economic policy formulation.
• Microeconomic Theory by R.L. Ahuja: Introduces microeconomic principles and their implications for business decision-making.

Marketing Management:

• Marketing Management (Indian Context) by Philip Kotler and Sunil Bharadwaj: Adapts Kotler's renowned marketing framework to the specificities of the Indian market.
• Consumer Behaviour (Indian Perspective) by Rajkumar Singh and Sudhir Singh: Examines consumer behavior patterns and influences in the Indian context.
• Services Marketing (Indian Perspective) by Jagdish N. Sheth and A. Parasuraman: Focuses on the unique challenges and strategies for marketing services in India.

Organizational Behavior:

• Organizational Behaviour and Management Process by P.C. Gupta: A comprehensive textbook covering all aspects of human behavior in organizations, leadership, and group dynamics.
• Human Resource Management (Theory and Practice) by T.N. Chary: Explores various HR functions and their role in organizational success.
• Performance Management by Udai Pareek: Examines different performance management systems and their effectiveness in Indian organizations.

Strategic Management:

• Strategic Management (Concepts and Cases) by V.S.P. Rao and P.S.N. Prasad: Provides a theoretical framework for strategic decision-making and includes case studies of Indian companies.
• Competing in India: Strategies for Growth by Michael Porter and Vijay Govindarajan: Offers insights into the competitive landscape in India and strategies for success.
• Developing Business Strategies in India by Sudipto Bhattacharya: Explores the challenges and opportunities of doing business in India and developing effective strategies.

Additional Resources:

• Management Development Institute (MDI) Case Studies: Case studies on Indian companies across various industries, providing valuable insights into real-world business situations.
• Journals: Indian Management Review, Journal of Management Development, and Vikalpa are some highly regarded journals featuring research articles on business and management in India.

Remember, this list is not exhaustive, and the specific books you find most valuable will depend on your individual interests and specialization. It's also recommended to consult your MCom program faculty or library for additional recommendations.

The top MCom colleges in India whose curriculum, electives, and in-house placement opportunities are top-notch are given below. This list is based on NIRF 2024 ranking for colleges: