A successful completion of bachelor’s degree in commerce, economics or business studies, is one of the major turning points in a student’s life. There are a myriad of rewarding career options after graduation that students can pursue and shine bright in the job market. For all those students who are planning to pursue masters after their graduation, here are the two best options that will indeed open the door of a successful career – a postgraduate degree in MBA or Mcom – are the most significant career trends.
Let’s look at MBA vs MCom overview to find some important differentiators that make these courses one of the most sought after courses among the graduation:
|Course Name||Master of Business Administration||Master of Commerce|
|Duration||2 years||2 years|
|Eligibility||Graduation in any stream||Bachelor's degree in Commerce with Maths, Economics or Accounts|
|Admission Process||National / State / College-level Entrance Exam + GD / PI||Entrance Test + Counselling|
MBA Vs Mcom: Course Overview
Masters of Business Administration is a 2 years duration program that can be pursued by anyone who has completed their graduation. At Sharda University, the truly global educational institution, MBA program is available in different specializations such as Finance, Marketing, HR, IT and more. Also, there are dual or triple specializations MBA courses for which aspirants can apply and take their careers to new heights.
After completing their B.Com degree, students can opt for M.Com specialization. M.Com may not be as popular as MBA program but it is a respected course and deals with accounts and commerce mostly. Students can also pursue CS or ICWA along with it to improve their career prospects. M.Com curriculum comprises accounting, banking, finance, statistics, and economics and more. M.Com is not as expensive as a MBA program is, although the course and fee structure varies widely from institute to institute.
Mcom Vs MBA: Career Scope
MBAs are usually required to work in the companies and teach managerial skills in addition to accounting, finance, business management, corporate governance, statistics, supply chain management. The eligibility criteria in MBA would involve graduation in any stream, although Sharda University conducts SUET – an entrance test which is quite equivalent to the entrance aptitude test like CAT, MAT, XLRI score or percentile.
In Sharda University, the most premium rated MBA institution in India, the students receive an excellent placement from the campus itself from the corporates, while the lower rated or newer institute graduates often find it hard to find a job in the market. \Some of the jobs that a MBA degree holder can look for in a corporate sector are Accounting Managers, Chief Financial Officers, Corporate Controllers, Credit Managers, Financial Managers, Financial Analysts, Investment Banking, Investment/ Institutional/ Inside Sales, HR Manager, Traders, Management Consultant, Risk and Insurance Manager, Treasury services to name a few.
After passing out, M.Com passouts can apply for various government as well as private jobs including taxation, stock market, insurance and financial planning and advisory, banking, financial services sales/executives. Also, after completion of M.Com, students can apply for a Doctoral program and pursue the research field or can become a professor. M.Com students can look for jobs in areas including Auditing, Accounting, Banking and finance, Retail industry, Funds management and Management consulting.
M.com Versus MBA: The Specializations
|MBA Specializations||MCom Specializations|
|BANKING & FINANCE||M.Com|
|Human Resources Management|
|Supply Chain Management and Logistics|
|Health Care & Hospital Administration|
M.com vs mba: Explore endless possibilities with School of Business Studies, Sharda University
Take your career to the next level with India’s truly global university with 1200+ faculty with global experience, Sharda University offers world-class facilities to the students. It has more than 250+ global academic partnerships and an excellent placement track record. For more information on how Sharda University can elevate your education experience, talk to our student counselling experts.