Top 5 M Com Colleges in Mohali – The M.Com course allows students to work in almost all sectors of the economy and is one of the most versatile courses in India. The insurance sector, which is one of the major sectors of the economy employing M.Com graduates, is expected to reach on the billion, creating new jobs for M.Com graduates.

Here are the Best Top 5 M Com Colleges in Mohali

1st Out of the Top 5 M Com Colleges in Mohali

Rayat Bahra University

Rayat Bahra University (RBU) was established in the year 2014 as a private university. It is part of the Rayat Bahara Group. It is located in Mohali, Punjab. The university has emerged as a major destination for vocational education in North India.

Rayat Bahra University offers a wide variety of UG, PG, Ph. and Diploma courses in Engineering and Technology, Management Studies, Pharmaceutical Science, Hotel Management and Catering Technology, Law, Science, and Social Sciences. The University is known for being one of its kind in terms of infrastructure and modern equipment for sports and recreation.

Contact Details of Rayat Bahra University

Address: V.P.O. Sahauran, Tehsil Kharar Distt, Kharar, Punjab 140103, India

College Phone Number: 097800 40777

2nd Out of the Top 5 M Com Colleges in Mohali

Chandigarh Group of Colleges

Chandigarh Group of Colleges, Jhanjeri, also known as CGC Jhanjeri (Mohali), was established in 2012 with Engineering as its flagship program. It is an AICTE-approved institute affiliated with IKGPTU, Jalandhar. CGC Jhanjeri has its roots in 2001 and has grown from the CGC group to one of the leading higher education providers in North India. At present, CGC Jhanjeri offers more than 40 courses in the fields of Management, Science, Engineering, Law, and Pharmacy at the UG and PG levels.

Regarded as the epitome of strong international alliances, CGC Jhanjeri has tie-ups with over 30 top international colleges and universities in 15 countries across the globe. CGC Jhanjeri BBA students are offered a one-semester exchange program in Canada with no fees and the opportunity to complete one semester in Canada (free of charge).

The campus is located at the foothills of Shivalik and has a state-of-the-art infrastructure. To make teaching effective, the campus is well equipped with all modern techniques and teaching methods.

Contact Details of Chandigarh Group of Colleges

Address: State Highway 12A Jhanjeri, Sahibzada Ajit Singh Nagar, Punjab 140307, India

College Phone Number: 1800 274 0444

3rd Out of the Top 5 M Com Colleges in Mohali

Swami Vivekanand Group of Institutes

Swami Vivekananda Group Institute (SVGOI) has a state-of-the-art campus located on NH-1 Chandigarh, Patiala National Highway. SVGoI aims to provide holistic, transformative and innovative education. SVGOI was established in the year 2004 and has total nine institutes under it. A wide range of international and national students from regions like Egypt, Nepal, Assam, Nagaland, Jharkhand, Delhi-NCR, Himachal region (Upper & Lower), Uttarakhand, Chandigarh, Panchkula, Mohali, UP, etc. 104′ by NIRF in 2021.

SVGOI offers more than 50 UG, PG and Diploma courses and also has tie-up with various banks to provide easy education loans to selected students. Students are also provided with separate comprehensive hostel (AC and non-AC) facilities within the campus. However, due to limited seats, hostel accommodation is not offered to applicants residing in nearby areas.

Contact Details of Swami Vivekanand Group of Institutes

Address: Village- Ramnagar Near Banur, Tehsil, Rajpura, Punjab 140401, India

College Phone Number:  094652 33333

4th Out of the Top 5 M Com Colleges in Mohali

Khalsa College of Technology and Business Studies

Khalsa College of Technology and Business Studies is located in Amritsar, Punjab, and is one of the renowned institutes that since its inception provides quality technical education to its students. The college has a well-maintained placement cell which supports the placement activities in the college.

Khalsa College follows centralized placement activity which gives equal opportunity to each branch to grow for continuous excellence in career through training and placement. Regular interaction of students with industries is conducted through lectures, case studies, competitions, workshops, and mock-interviews, etc.

The Department of Youth Welfare and Cultural Activities provides a platform to the students to present and groom their talents and leadership qualities. It also plays an important role in preserving and promoting the rich cultural heritage of Punjab among the youth.

Contact Details of Khalsa College of Technology and Business Studies

Address: Phase 3 A, Sector 53, Sahibzada Ajit Singh Nagar, Punjab 160059, India

College Phone Number:  098770 05600

5th Out of the Top 5 M Com Colleges in Mohali

DAV College

DAV College, Chandigarh, also known as DAVCHD, was established in 1958 in Chandigarh by Mahatma Hans Raj. Affiliated to Panjab University, it is managed by Dayanand Anglo Vedic College Trust and Management Society. One of the premier educational institutions under the umbrella of DAV Sansthan, the college draws inspiration from Swami Dayanand Saraswati, the founder of Arya Samaj and a prominent visionary. DAV College Chandigarh has been recognized by NAAC Bangalore with an ‘A’ grade, and is ranked as the top commerce college in Northern India according to a survey by AC Nielsnorg-Marg. It also falls within the All India Rank Band 101-150 and has been named as the Best College in Chandigarh (2019-20). It has also been ranked 109th by NIRF in 2020.

DAV College, Chandigarh offers undergraduate degree courses like BA, BCom, BCA, BSc, BVOC along with PG courses like MBE, MA, MSc. Apart from this, the college also offers diploma courses in Cosmetology and Beauty Care, Medical Lab Technology, Computer Application, Marketing Management and Mass Communication. It also offers PhD in Chemistry, Zoology and Biotechnology.

DAV College, Chandigarh has a strong infrastructure which includes library, laboratories, sports facilities, hostel accommodation for boys and girls, cafeteria, medical, banking and other facilities. It also has an instrumentation lab to make institutional and industrial research accessible to all. It has also been selected under the FIST program by the Department of Science and Technology (DST), New Delhi and given a grant of Rs 1.5 crore for building the required quality research infrastructure.

Contact Details of DAV College

Address: Madhya Marg, 10D, Sector 10, Chandigarh, 160011, Punjab, India

College Phone Number: 0172 275 4400

What is M Com?

Masters of Commerce (M.Com) is an ideal postgraduate level course for students who want to make a career in Banking Financial Services and Insurance (BFSI) as well as Accounting and Commerce sectors. The 2 year course deep into the workings of the economy, capital, revenue, trade and taxes, etc. taught in B.Com.

Since M Com is a specialized field in itself, only those candidates who have done B.Com or B.Com (H) can pursue it. M.Com is also a good option for CA and CS candidates. However, not many CA and CS candidates do MCom as CA and CS courses can be pursued after class 12.

M.Com is most popular among aspiring teachers and lecturers also and researchers. UGC-NET and JRF and Ph.D. M.Com is among the popular choices for degree holders. Admission to M.Com in top universities is done through an entrance exam. Many universities offer admission to the course on a merit basis.

The 2-year M Com course provides quality education to students catering to the needs of the managerial in business and industry. It also serves the purpose of research and teaching in business studies.

The curriculum improves logical reasoning, analytical skills, communication skills, mathematical and statistical knowledge, business management skills, teaching and research skills. Therefore, candidates who want to become teachers, lecturers, professors and pursue higher education (Ph.D.) usually go for this course.

M.Com Eligibility

M.Com is a popular course among the students. To get admission in M.Com, candidates are required to have minimum qualifying marks at Bachelor’s degree level. The detailed admission process is given below:

Admission to M.Com is based on the marks obtained in the degree course – B.Com and the availability of seats.

Candidates must have passed Degree in Bachelor of Commerce (B.Com) from a recognized University with a minimum of 50% marks.

Types of MCom 

M.Com is one of the most popular educational courses in India. The M.Com course offers opportunities for various specializations as well as various forms of courses that candidates can pursue as per their time, ability, and aptitude. The different types of M.Com courses are discussed below.

Full-time M Com

Full-time M.Com courses are offered for a duration of two years. Full time M.Com course is the most popular form of M.Com course in India.

Admission to MCom Courses are done on the basis of merit or entrance exam.

M.Com specializations include Accounting and Finance, Financial Management, Business Management, Statistics etc.

Part-Time M Com

Part time M.Com courses are available for a duration of 2 years.

Admissions are provided on the basis of merit list prepared from the marks obtained at graduation level

Distance MCom

Distance MCom courses are popular among working professionals or candidates who cannot attend classes regularly.

Before doing distance education courses candidates should check that the courses are validated by distance education board and UGC.

Advantages of M.Com

In-depth Knowledge

If a person acquires a master’s degree then he gets in-depth knowledge about this field. The same applies to the person who will do M.Com. If a student has done his graduation in commerce then the degree of M.Com will give him a lot of knowledge about the fields which he might have studied in the past.

Wider scope

After doing M.Com a student has a wide scope in terms of career as well as job opportunities. He can easily get a job especially in the field of finance and accounting.

Further Studies

A candidate who wants to do PhD in future can do M.Com before that to have in-depth knowledge of the field.

M.Com Admissions

Admission to M.Com is based on the merit of B.Com – Bachelor’s degree in Commerce from a registered university or college. It is also based on an entrance exam. Admission Process of M.Com

  • Eligible candidates are required to submit their application online at the website of the college or university along with the scanned copies of required documents. They have to pay the application fee online.
  • They can also download the filled application form and send it along with required documents and receipt of application fee payment to the concerned department of the university/college.
  • Qualifying Test – Candidates will be shortlisted on the basis of merit of B.Com.
  • Some universities/colleges conduct entrance exams.

Why MCom?

M.Com courses are in high demand because of the financial benefits provided to the candidates. M.Com courses are available in different modes and the various amount of specialization allows the candidates to carve a niche among various industries.

New Job opportunities

M.Com course will provide better job opportunities in future. For instance, the investment sector in India is expected to grow to US$ 1 trillion by 2025, thus providing job opportunities for M.Com graduates. Similarly, the investment banking sector in India is expected to grow at a CAGR of 8.4% from USD 102.84 billion in 2020 to 111.45 billion in 2021, and reach USD 137.97 billion by 2025. Banking and Financial Services Industry (BFSI) which is expected to create more than 8 million jobs to M.Com graduates in the next 8-10 years.

Robust Salary

MCom candidates are appointed in various posts like Account Assistant, Cost Accountant, Investment Banker etc. The average M.Com salary in India is INR 372,913 per annum, while the average fee ranges between INR 5000-INR 140,000. Hence, candidates are easily able to get back their investment. M Com graduates have employment opportunities in almost each sector of the economy. Some of the top recruiters of M.Com graduates are Capgemini, Dell, Infosys and others. Also, there is no age limit for pursuing M.Com degree.

A safety net

Most of the MCom candidates pursue other professional courses like Chartered Accountant (CA), Company Secretary or CFA. The way is that these professional courses are difficult to pass. For example only 6% of the total candidates have cleared both the groups of CA exam. And the passing percentage of CFA course is between 42-54%. So if anything goes wrong the student will have something to hold back.

A stepping stone

Most of the candidates who want to take up teaching as a profession, especially in the commerce section, are willing to take up M.Com specialization in their postgraduate level examination. The M.Com course is essential for starting PhD programs in the future and serves an introductory course.

Conclusion

Here are the best Top 5 M Com Colleges in Mohali. Master of Commerce (M.Com) is a master’s degree course in the field of commerce. It is a program of two years duration. This course is recognized by University Grants Commission. In this course, you will study about accounting, money and banking system, economic theory, knowledge about business, micro and macroeconomics, principles of management etc.