Master of Commerce

Value of MCom Degree

Commerce enables a master graduates for a wide range of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant. It serves as a foundation for further advanced studies and research in this area such as Ph.D. and M.Phil.

M.Com graduates can choose for further advanced studies and career in different specializations of Commerce such as Statistics, Auditing, Taxation, Accounting & Finance, Banking, Insurance etc. After master’s degree in commerce, a student can apply for the UGC-NET or JRF exam. After these exams, they can go for teaching or research area.

JOBS: Accountant, Teaching Faculty, Jobs in banking sector.

MCom Curriculum

The Master of Commerce typically requires two years of full-time study. The curriculum is usually concentrated on one subject area — such as accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management — and emphasizes underlying theory. Pprograms usually include a thesis component and may be exclusively research based.

M.Com has the duration of two years consisting four semesters. Each academic year shall comprise two semesters starting from July-August to December and January to June. The university conducts the examination at the end of each semester. For each paper 70 marks allotted for university exam and 30 marks for internal assessment.

Semester I:

• 1.1 Monetary System
• 1.2 International Business
• 1.3 Macro Economics for Business Decisions
• 1.4 Information Systems and Computers
• 1.5 Advanced Financial Management
• 1.6 Human Resource Management
• 1.7 SOFT CORE - Communication Skills

Semester II:

• 2.1 Indian Banking
• 2.2 Risk Management
• 2.3 Advanced E – Commerce & Mobile Commerce
• 2.4 Business Research Methods
• 2.5 Operations Research & Quantitative Techniques
• 2.6 Business Marketing
• 2.7 SOFT CORE - Micro Finance

Semester III: Elective - Accounting and Taxation

• 3.1 Business Ethics & Corporate Governance
• 3.2 Corporate Financial Reporting
• 3.3 Accounting for Managerial Decision
• 3.4 Strategic Cost Management I
• 3.5 Direct Taxes & Planning
• 3.6 Open Elective

Semester IV: Elective - Accounting and Taxation

• 4.1 Commodity Markets
• 4.2 Corporate reporting practices and Ind AS
• 4.3 Demography Strategic Cost Management – II
• 4.4 Goods and Service Taxes
• 4.5 Dissertation

Semester III: Elective - Finance and Banking

• 3.1 Business Ethics & Corporate Governance
• 3.2 Financial Markets
• 3.3 Financial Services
• 3.4 Security Analysis
• 3.5 Portfolio Management
• 3.6 Open Elective

Semester IV: Elective - Finance and Banking

• 4.1 Commodity Markets
• 4.2 Forex Management
• 4.3 International Financial Institutions & Markets
• 4.4 Banking Operations and Management
• 4.5 Dissertation

Semester III: Elective - System Management

• 3.1 Business Ethics & Corporate Governance
• 3.2 Relational Database Management Systems
• 3.3 Data Communications and Networking
• 3.4 Enterprise Resource Planning
• 3.5 Systems Analysis and Design
• 3.6 Open Elective

Semester IV: Elective - System Management

• 4.1 Commodity Markets
• 4.2 Artificial Intelligence
• 4.3 Distributed Computing and Applications
• 4.4 Data Mining and Data Warehousing
• 4.5 Dissertation

Additional MCom Program Information and FAQ

Other pertinent information.

• Is it full-time/part-time? Full time
• When are classes held? 6 days a week
• Is class online or in-person? In person
• Are there special requirements for students? Mentioned in “Requirements to apply bulleted out.”
• Is there an internship/work placement program? Yes

MCom Application Process

• Applications will be available from May 2017 onwards for the academic year AUG 2017 – JUL 2019.
• Download the application form from the website https://www.lorven.college/admissions/ or collect the application form from the college directly by remitting Rs 500/-
• Fill the application and hand it over at the college office in person or through post.
  • Note: if the application form is downloaded directly from the website then a DD worth Rs 500/- has to be attached along with the application form.
• Selection will be based on merit.

Requirements to Apply

• A candidate who has passed Bachelor’s degree with Commerce as one of the subject.
• Marks secured minimum of 40% in aggregate of all subjects and 50% in cognate subject (45% for SC/ST candidates), is eligible for admission.