M.Com Accountancy is a two-year postgraduate course of four semesters. The course equips the students with advanced skills in accounting principles, financial management, auditing, taxation, business law and cost accounting. It also provides expertise on topics like corporate reporting, strategic financial planning, international finance and research methodology.
To pursue M.Com Accountancy, one must have passed a B.Com course in any affiliated university or like BBA or BA in Economics, with at least 50 per cent of aggregate marks. The admission to this course is commonly based on merit or performance in entrance tests, CUET PG, etc.
The course fee for the M.Com Accountancy program is around INR 9,048 - 1,20,000 based on the institution. The best colleges pursuing this course are Shri Ram College of Commerce (SRCC), Hindu College, Banaras Hindu University (BHU), Christ University, Loyola College, etc.
The graduates of M.Com Accountancy can work as an Accountant, Tax Consultant, Financial Analyst, Internal Auditor, Cost Accountant and Budget Analyst. One can pursue higher education, such as CA, CMA, or CFA. There is an average of INR 3-6 LPA in the salary of fresh graduates, whereas experienced professionals and post-graduates can earn an average of INR 8-15 LPA.
Table of Contents
- M.Com Accountancy Course Highlights
- What is M.Com Accountancy?
- Why Study M.Com Accountancy?
- Who Should Study M.Com Accountancy?
- M.Com Accountancy Eligibility Criteria
- M.Com Accountancy Entrance Exams 2025
- M.Com Accountancy Colleges in India
- M.Com Accountancy Admission Process 2025
- M.Com Accountancy Syllabus
- M.Com Accountancy Job Opportunities in India
M.Com Accountancy Course Highlights
Given below are the basic key highlights for the M.Com Accountancy:
What is M.Com Accountancy?
The 2-year postgraduate degree program in M.Com Accountancy will focus on offering graduate-level knowledge in the areas of accounting and finance, taxation, and business practices. It is prepared to suit the learners who are interested in commerce and have a desire to actively work in the corporate, financial, or educational field.
Some of the key courses that are taught during the course include financial accounting, cost accounting, auditing, corporate finance, taxation laws and business management. It also covers exposure to accounting standards, financial reporting, strategic planning and research methodology. M.Com Accountancy also focuses much on analytical thinking, financial analysis, and application of the theoretical knowledge to actual business problems.
Why Study M.Com Accountancy?
Accountancy is not numeracy: it is the language of business, and it is a key stone of any organization. Master of Commerce in Accountancy (M.Com Accountancy) is a special and workable model of learning about the dealing with lengthy and clever accounts, financial processes, and dimensions and commercial decision-making. The course presents broad range of career options and level of skills attainment.
Below are some of the reasons on why taking an M.Com in Accountancy is a prudent and career-oriented decision:
- Become a skilled practitioner of advanced accounting: The course gives you a deeper insight into financial reporting, auditing, international accounting, and taxation that are important parts of accounting which are essential to the business.
- Improves analysis, and decision making abilities: The program is not only about book-keeping. It educates you in financial modeling, business projection and budgeting these are important attributes of corporate success and financial leadership.
- Enhances professional preparedness and employability: The modules of cost accounting, business law, taxation, and management accounting enable students to feel prepared to work in the banking sector, finance, government service, and MNCs segment.
- Facilitates professional certifications and further education: M.Com in Accountancy helps open the doors to further study in the form of professional certification as CA, CMA, CFA, or even a Ph.D. in Accountancy, thereby providing the educational potential as well as the industrial one.
- Academic, research and consultancy careers: The course also develops and exposes you to an academic and research career with papers in research methodology, a project, and the ability to take careers in teaching, consultancy or policy analysis.
Who Should Study M.Com Accountancy?
Listed below are some of the points on who should pursue an M.Com in Accountancy. Let’s have a look at them:
- Students who are particularly interested in financial management, auditing, taxation, and corporate accounting and who are interested in learning more in-depth in these areas by doing advanced academic work.
- Those already having that sound base in commerce or accountancy at the undergraduate level (such as B.Com) and want to have further specialization to get an improvement in their career in the field of finance and accountancy.
- It is appropriate for someone with analytical and numerical ability who is willing to work as a Chartered Accountant, Cost Accountant, Financial Analyst or an Auditor.
- Students who want to work in financial departments and businesses, accounting firms, banks, financial consultation companies or governmental finance departments.
- Students who intend to study professional examinations of this type, such as CA, CMA, CPA or CFA.
- Those intending to pursue careers in taxation, GST consultancy, financial compliance and the regulatory environment, and who are interested in keeping abreast of changes in the accounting laws and systems.
M.Com Accountancy Eligibility Criteria
The following is the eligibility criteria for admission into to M.Com Accountancy course. It is necessary to note that eligibility criteria might not be the same at one or another institute.
- Bachelor's Degree in Accountancy or other related field (B.Com, BBA, BBS, BA in Economics) of a prestigious university.
- Minimum total marks of 50% (45% among the candidates with SC/ST/OBC background).
- Those in the final semester/ year of their qualifying undergraduate examination are eligible to apply.
M.Com Accountancy Entrance Exams 2025
Admission to M.Com Accountancy can be done on the basis of performance in a national or university-level entrance examination held all over India.
M.Com Accountancy Colleges in India
Provided below is the list of some of the Top M.com Accountancy Colleges in India. Students must be eligible in order to pursue an M.com Accountancy from these colleges.
M.Com Accountancy Admission Process 2025
The entry to the M.com Accountancy is normally on the merit of the qualifying examination (B.com or intermediate), but there are certain colleges where the entrance exam score is also accepted. Following is the admission procedure of Loyola College, Chennai:
Step 1: Check the direct Loyola College admission portal and create an account there by using your email ID and mobile number.
Step 2: Complete the M.Com application form by providing personal, academic and contact information. Submit your paperwork and hand in the application fee.
Step 3: Wait till the shortlisting of the entrance exam/interview round. The commerce department of the college will invite candidates who have reached the cut-off or are eligible to the next round.
Step 4: Appear in the college-level entrance exam or in the personal interview (in wherein case applicable).
Step 5: After the results are announced, check that your name is in the list of merit that will be published on the college site.
Step 6: Pay the admission fee and book the seat. In case of successful payment, you will get a confirmation email including the date of orientation, reporting instructions, and the academic session.
Documents Required:
- 10th and 12th Mark Sheets
- B.Com or Graduation Mark Sheet & Degree Certificate
- Transfer Certificate (TC)
- Conduct/Character Certificate
- Aadhaar Card or any Government-issued ID
- Community/Caste Certificate (if applicable)
- Passport-sized Photographs
- Migration Certificate (if applicable)
M.Com Accountancy Syllabus
Given below is the M.Com Accountancy Syllabus followed at the University of Mumbai for your reference. The M.Com Accountancy curriculum is divided into 4 semesters spanning a total of 2 years.
M.Com Accountancy Job Opportunities in India
After completing the M.Com Accountancy, students can pursue various Job Profiles. Given below are some of the famous Job Roles you can pursue after completing the course. Along with the top recruiters and Average Pay.
M.Com Accountancy FAQs
Does the M.com in Accountancy help in the preparation for state jobs or competitive exams?
Yes, this course, M.Com Accountancy, will be of great use to the students who want to take a competitive exam like UPSC, SSC, IBPS, RBI Grade B and other state public service commission examinations, especially in the finance or audit-related profile. It also increases the preparation for UGC NET, which is required to become a lecturer in a college. Most government jobs, such as Assistant Audit Officer (AAO), Accounts Officer, etc of all ministries and PSUs directly correspond to the knowledge obtained in financial accounting, taxation and auditing.
Does M.Com Accountancy have any scores on interdisciplinary subjects and industry-oriented subjects?
It is correct, as most M.Com (Accountancy) courses currently have interdisciplinary content in the form of Business Law, Economics, Statistics, and Financial Management. A good number of universities also incorporate industry-specific course work such as Tally, ERP, GST Filing, and financial modeling, among others. They also include a soft-skill training and IT-skill training component to enhance employability in corporate finance, consulting or business start-ups.
What are the options for higher education following M.Com in Accountancy?
Once the M.Com Accountancy is done, one can do professional courses such as Chartered Accountancy (CA), Company Secretary (CS) or Cost and Management Accounting (CMA), or Certified Financial Analyst (CFA). Students fascinated with academics can choose to do their M.Phil or Ph.D. in Commerce / Accountancy and end up becoming teachers or researchers. Other students opt, also MBA in Finance or other special PG Diplomas in Banking, Finance or Taxation.
Can M.Com Accountancy assist in increasing digital and software skills?
Definitely. Due to the increased popularization of accounting software, most of the M.Com programs have become trained in Tally ERP, QuickBooks, SAP FICO, MS Excel (Advanced) and Business Analytics Tools. Students are further taught the preparation of e-tax returns, GST reports and online filings of compliance. They are no longer add-ons as these digital skills are required in government and other accounting jobs.
Can students possessing a BSc and a BArts degree apply for M.Com Accountancy?
In general, the undergraduate degree requirement of students seeking admission to M.Com Accountancy is a B.Com, BBA, BBS or any other degree in a commerce-related field. Yet, there are certain universities which do accept the applications of candidates who have studied in other streams (as BA Economics or B.Sc Math), provided they have studied the related subjects. Some of the institutions can administer an entrance examination or require the student to take bridge courses to determine their level of knowledge on accounting before being offered admission.