MCom Vs MBA: Which is Better for Career Opportunities?
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MCom Vs MBA: Which is Better for Career Opportunities?

#MBA
Moksh DheriUpdated on 12 Dec 2024, 02:25 PM IST

The major difficulty commerce students face after completing their undergraduate degree is whether to opt for an MCom (Master of Commerce) or an MBA (Master of Business Administration). Both of these degrees are excellent choices for management aspirants, however, some differences set them apart.

This Story also Contains

  1. What is an MBA degree?
  2. What is an M.Com degree?
  3. M.Com vs MBA
  4. MCom vs MBA- Which is Better?
  5. MCom and MBA Career Opportunities and Average Salary
MCom Vs MBA: Which is Better for Career Opportunities?
M.Com Vs MBA

MBA and M.Com are both postgraduate degrees in the field of management, however, the difference lies in the course curriculum and approach of the two courses. While they may seem similar, MBA programmes focus more on the practical aspects and experiential knowledge of the concepts. M.Com is more on the theoretical side. Management degree aspirants can choose from both of these degrees, however, the scope and career aspects may be different.

MBA and M.Com are amongst the most popular postgraduate degrees pursued by management aspirants. In this article, we will learn about both of these degrees in detail, their similarities and differences, benefits, scope, career opportunities, and fee details.

What is an MBA degree?

Master of Business Administration or MBA is a popular professional degree in the field of management. It is generally of two-year duration, spread across six semesters. It has long been recognised as one of the highest-paying degrees in the world. It provides students with advanced knowledge of business and managerial concepts, along with good practical knowledge. After graduation, students can apply for many medium to senior-level job roles and earn good salary packages.

What is an M.Com degree?

Master of Commerce, popularly known as MCom is another promising management degree. The course duration is also similar to an MBA, which is two years. The course curriculum provides in-depth knowledge of subjects such as commerce, finance, management, and economics. Unlike an MBA, an M.Com degree is generally focused more towards a theoretical understanding of the concepts.

M.Com vs MBA

After their under graduation, many students are confused about whether to choose an MCom or an MBA degree. The difference lies in their approach to education. While an MBA focuses on providing broader business knowledge and skills, an M.Com specialises in a specific field of management, which is commerce. In the table below, we have provided a comparison of both degrees.

Particulars

MCom

MBA

Full Form

Master of Commerce

Master of Business Administration

Degree Level

Postgraduate

Postgraduate

Eligibility Criteria

Bachelor’s degree from a recognised institute in India

Bachelor’s degree from a recognised institute in India

Admission Process

Entrance exam+GDPI

Entrance exam+GDPI

Fees (for the entire duration)

Rs. 35,000 to Rs. 50,000

Rs. 50,000 to Rs. 25 Lakhs

Job Profiles

Chartered Accountant, Company Secretary, Accountant, Business Analyst, Investment Banker

Finance Manager, Marketing Manager, HR Manager, Business Analyst, Sales Manager

Top Recruiters

Deloitte, KPMG, Accenture, HDFC Bank, ICICI Bank, Bain and Company

Google, Citibank, ITC, Larsen and Toubro, Amazon, Wipro, TCS

As per the table above, it is clear that an MBA is an expensive degree as compared to an M.Com. However, the return on investment is also on the higher side. The admission process and eligibility criteria for both degrees are very similar.

MCom vs MBA- Which is Better?

It is very difficult to decide which of these two degrees is better. Both of these degrees provide a promising and high-paying career. However, there are some major points to consider before pursuing each of these degrees. Listed below are some of the key aspects of these degrees.

  • MBA is a professional degree that prepares graduates for a variety of job profiles and allows them to earn decent salaries.
  • M.Com programmes are more affordable as compared to an MBA degree. Therefore, students having financial constraints can apply for an M.Com degree.
  • While an MBA is an expensive degree, it also provides a chance to earn good salary packages, good networking opportunities, professional experience and job-suitable skills.
  • M.Com is more focused towards theoretical aspects related to the field of commerce. Therefore, students will have an in-depth understanding of a particular field.
  • An MBA generally provides knowledge of broader business concepts, therefore students can choose their preferred area of specialisation depending on their future goals and aspirations (Finance, Marketing, or Human Resource Management).
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MCom and MBA Career Opportunities and Average Salary

In the table below we have discussed the average salary of some of the popular career opportunities after MCom and MBA. Students should decide on the job role as per their preferences and future aspirations.

MBA Average Salary

Job Profiles

Average Salary

Business Analyst

Rs. 9.8 LPA

Marketing Manager

Rs. 12.7 LPA

Human Resource Manager

Rs. 4.4 LPA

Finance Manager

Rs. 17 LPA

MCom Average Salary

Job ProfileAverage Salary

Chartered Accountant

Rs. 10.7 LPA

Company Secretary

Rs. 9.3 LPA

Accountant

Rs. 3.21 LPA

Conclusion

To conclude, it is very difficult to judge which degree is better, it depends on the individual preferences, and their future goals and preferences. Candidates are advised to check all the course details before applying for admission. Both MBA and MCom are promising choices, however, both have their own pros and cons.

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Questions related to MBA

On Question asked by student community

Have a question related to MBA ?

Hey! If you are looking for a fully online MBA with minimum fees while staying in Gadchiroli, you can consider a few good options. The most budget-friendly is IGNOU Online/Distance MBA, which comes around 60,000–70,000 for the whole program and is recognized by UGC-DEB. Apart from that, universities like Bharati Vidyapeeth Online (approx 1.6 lakh) and DY Patil Vidyapeeth Online (approx 1.7 lakh) also provide online MBAs with flexible learning and multiple specialisations.

If cost is your main concern, IGNOU is the best choice. But if you want better exposure and placement assistance, then Bharati Vidyapeeth or DY Patil could be good options. Just make sure the course you choose is UGC-approved so that your degree is valid everywhere.

Hello

  • Since you took admission through the General category, the fees were charged accordingly.

  • Now that your caste validity certificate is accepted on the CET portal, you may be eligible for fee benefits.

  • You need to inform your college administration and request fee revision or refund (if applicable).

  • The benefit will depend on state norms and whether the admission round allows category update.

  • Contact your college and submit a written request with proof for any applicable fee concession.

Hello dear  student,

For Best colleges for online MBA in marketing you can visit you link below for a detailed explanation about everything related to this.

https://www.careers360.com/courses/online-mba-in-marketing

Hello, the MBA in Finance at Andhra Mahila School of Informatics is a 2 year program where you’ll study subjects like accounting, financial management, and strategy along with projects and internships. The total fee is around 90,000. Placements are decent, with an average package of about 3.5 to 4 LPA, and companies like Deloitte, Infosys, and ICICI visit the campus. If you stay focused and build skills, you can get good opportunities through the placement cell.

Yes, you can pursue an MBA at Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow, through the CAT exam.

Eligibility Criteria:

  • Educational Qualification: A bachelor's degree with at least 50% marks (45% for SC/ST/PwD candidates) from a recognized university.

  • Entrance Exam: A valid CAT score is required for admission.

Admission Process:

  1. Application: Register online through the BBAU admission portal.

  2. Entrance Exam: Appear for the CAT exam and obtain a valid score.

  3. Counseling: Shortlisted candidates will be called for counseling based on their CAT scores.

  4. Document Verification: Submit necessary documents for verification.

  5. Fee Payment: Complete the fee payment to confirm admission.

Course Details:

  • Duration: 2 years (full-time).

  • Specializations: Finance, Marketing, Human Resource Management, among others.

Placement Opportunities:
BBAU has a strong placement record, with top companies recruiting MBA graduates.

For more details and to apply, visit the  official BBAU MBA admission page