MBA and MCom are both good choices of postgraduate course for a Commerce student.While an MBA prepares a candidate for a career in business administration and management, MCom is an excellent course for academic pursuits in Finance and Commerce.
MBA stands for masters in business administration. The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management. The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.To know more about check this link-
https://www.careers360.com/courses/mba-master-of-business-administration

MCom is most popular among aspiring teachers/lecturers and researchers. UGC-NET/JRF and PhD are among popular options for MCom degree holders. Admission to MCom in top universities is done through entrance exam. Many universities offer merit based admission to the course.Masters of Commerce or MCom is a post graduate level course ideal for candidates who wish to make a career in banking financial services and insurance (BFSI) as well as accounting and commerce sectors. The 2-year course delves deeper into the functioning of the economy, capital, revenue, trade, taxes, etc. taught in BCom.
https://university.careers360.com/colleges/list-of-mcom-universities-in-india
thankyou.

Hi Megha!
hope You are doing good.

MBA and MCom Both of them are very good career options at their level.

MBA stands for masters in business administration. And mcom is for masters in commerce.
MBAis a professional course that focuses more on industry-requirements and helping students get better management jobs. while, MCom is a course targeting theoretical knowledge in the field of Commerce.
MBA's graduate students required to work in corporates and other companies. In case of MCom you can work as professor and lecturers only .

MBA is related to the management and It teaches the managerial skills & how to deal with that situation. while Mcom  involves proper accounts and commerce.

However, MBA has a wider scope than MCom.

Rest is your choice.
hope it helps.
Thanks!

All the best!