Top 5 M.Com Colleges in Punjab – All aсrоss Indiа, M.Соm hаs been оne оf the most famous alternatives fоr B.Соm аnd B.Соm (Hоns) pass-outs аs it provides аn enhаnсed knоwledge оf business аnd mаnаgement, whiсh is important fоr the smооth funсtiоning оf businesses аnd оrgаnisаtiоns. Thrоugh its widespread сurriсulum in the field оf соmmerсe, bаnking, finаnсe, mаrketing, etс, the соurse is аble tо раve а раth fоr future reseаrсhers, teасhers, аnd рrоfessоrs.
M.Соm соlleges in Punjab provide а unique сurriсulum thаt аllоws the learners tо сhооse а blend оf соre аnd eleсtive соurses, thus guaranteeing thаt eасh grаduаte is uniquely trаined in several аreаs, mаking them mоre desirаble tо employers. While the cоre subjeсts will extensively trаin them in аreаs suсh аs business, ассоunting, аnd sрeсiаlisаtiоn-sрeсifiс trаining. Аsрirаnts will be аllоwed tо сhооse а sрeсiаlisаtiоn аlоng with their M.Соm degree, whiсh wоuld mаke them sрeсiаlists in the field оf Соmmerсe.
Here are the Top 5 M COM Colleges in Punjab
1st out of the Top 5 M COM Colleges in Punjab
University Business School (UBS)
University Business School (UBS) Chandigarh Formerly known as the Department of Commerce and Business Administration, Punjab University was established in the year 1995. The college is ranked 25th in the Times ranking of top management colleges in the country. UBS Chandigarh is accredited by NAAC and is affiliated with Punjab University. UGC also covered the Undergraduate Business School under the prestigious ASIHHS programme. The main program offered by UBS Chandigarh is a two-year full-time MBA with MCom, an MBA for entrepreneurship and an MBA for executives. UBS Chandigarh accepts CAT score for MBA and PU-CET PG for EMBA with GD and PI for final shortlisted. The CAT 2020 general cut-off for admission to UUBS was 85.
Contact Details of University Business School (UBS)
Address: Arts Block III, Madhya Marg, Panjab University, Sector 14, Chandigarh, Punjab, India 160014
College Contact Number: 0172 254 1591
2nd out of the Top 5 M COM Colleges in Punjab
Gulzar Group of Institutes (GGI)
The Gulzar Group of Institutes (GGI) was established in the year 2009 in Jalandhar, Punjab. GGI is made up of programs through the College of Engineering, the College of Professionals, the College of Business, the College of Health Sciences, the College of Mass Communication, and the College of Agriculture. Courses offered include B.Tech. and BCA, BHMCT, B.Com, BBA, and B.A. and B.Sc. and M.Sc. and M.Com and MBA. Admission to B.Tech and MBA is based on admission, while admission to all other courses is based on academic merit. Scholarships are also awarded to eligible candidates. Top recruiters include Tech Mahindra, Airtel, Godrej and many more.
Contact Details of Gulzar Group of Institutes (GGI)
Address: Grand Trunk Road Libra, Khanna, Punjab, India 141401
College Contact Number: 099146 66777
3rd out of the Top 5 M COM Colleges in Punjab
DAVC or Dayanand Anglo-Vedic College, Chandigarh was established in the year 1958. It is affiliated with the Punjab University located in Chandigarh. DAV College Chandigarh offers 8 variants of Bachelor’s degree, 12 Masters and 3 Ph.D subjects along with Diploma in Aesthetics and Beauty Care, Advanced Diploma in Medical Laboratory Technology, P.G. Diploma in Computer Applications, Mass Communication and Marketing Management. Admission is entirely dependent on merit and marks. Online admission forms are available while taking admission exams online and offline.
Contact Details of DAVC
Address: Madhya Marg, 10D, Sector 10, Chandigarh, Punjab, India 160011
College Contact Number: 0172 275 4400
4th out of the Top 5 M COM Colleges in Punjab
RIMT University, Punjab was established in 1998, under the recognition of AICTE, BCI, PCI and COA. The university is approved under the University Grants Commission (UGC) and the Punjab State Legislature.
RIMT offers undergraduate, graduate and doctoral programs to its students across diverse streams. Admission to these offered courses is on the basis of merit received into the 10+2 and Bachelor’s degree programs respectively.
Contact Details of RIMT University
Address: Delhi-Jalandhar GT Road (NH1), Sirhind Side, Mandi Gobindgarh, Punjab, India 147301
College Contact Number: 1800 137 0022
5th out of the Top 5 M COM Colleges in Punjab
Goswami Ganesh Dutt Sanatan Dharama College
Goswami Ganesh Dutt Sanatan Dharama College, established in 1973, is accredited by NAAC with an A+ grade and honoured with the status of “A College with Possibility of Excellence by UGC. GGDSD is listed at number 99 in the All India Ranking by NIRF (2019). The college offers plentiful courses at UG, PG, and PhD level with multiple majors Admission to all courses is on merit except for MSc Forms Students must submit PU CET scores Candidates who wish to be admitted into GGDSD College are required to register themselves online on the website The official college and applying for the respective courses there. Also, the college’s NCCMP course is recognized by the NSE.
Contact Details of Goswami Ganesh Dutt Sanatan Dharama College
Address: Sector 32-C, Shanti Path, Sector 32, Chandigarh, Punjab, India 160030
College Contact Number: 0172 491 2400
What is M COM?
The Master of Commerce (M.Com) is a postgraduate degree, dealing with commerce, accounting, management and economics. The two-year degree course opens up career opportunities in the corporate and finance sectors. Offers specialization in accounting, taxation, finance and human resource management. This is a four-semester credit system course approved by UGC. After completing a two-year course, students receive an academic degree from the respective university which is designated as a Master of Commerce degree. The course serves as an entry point for professions such as chartered accounting, company secretary, cost and labour accounting, insurance and banking. One can also pursue postgraduate studies and become a lecturer and assistant professor at universities.
Benefits of Pursuing M COM
The Master of Commerce (M.Comm) is a postgraduate degree focusing on topics related to commerce, management and economics. The curriculum usually focuses on a single subject such as accounting, economics, finance, or marketing. Through M.Com, you can apply for jobs across all industries in corporate finance or you can apply to banks, investment banks, equity research and advisory firms, mutual funds, stock exchange companies etc. It will help you to do a professional course in finance to improve your prospects like CFA, ICWA etc. Leading companies working for include HLL, Infosys, Cipla, Nestle, Ranbaxy (for corporate finance) HDFC Bank, ICICI Bank, Citibank, HSBC, Deutsche Bank and Standard Chartered Bank, Citibank, HSBC, Standard Chartered Bank, JM Morgan Stanley, Merrill Lynch, Credit Suisse First Boston (CSFB), Lehman Brothers, Ernst & Young, AF Ferguson and Price Water House Coopers. You can also explore careers in financial journalism with leading newspapers, TV channels and business magazines. If you tend to teach, you can earn a bachelor’s degree or appear for the UGC-NET exams to get the lecture.
Career Scope After M Com
1. PhD degree
The higher academic degree is awarded for the candidate’s research work, demonstrating original contributions to “special excellence” in certain branches of commerce.
A research academic degree is equivalent to a Doctor of Philosophy. That being said, in some universities, the degree title awarded will be a function of the candidate’s background: for example, in operations research.
A PhD can be obtained in many disciplines such as finance studies, commerce, statistics, etc.
2. Become a Chartered Accountant
Chartered Accountancy or CA has proven to be one of the best career options after MCom. You are eligible to take the test right after high school, but it requires dedicated preparation. After qualifying the three stages of CPT, IPCC, and finals, you will need to complete a 2.5-year essay to pursue a career. Many talented CA graduates find employment in ‘Big 4’ accounting firms – namely Deloitte, KPMG, EY and PwC – earning an average annual salary of INR 8. CA is one of the best courses after M.Com.
3. International Financial Reporting Standards
International Financial Reporting Standards (IFRS) is a set of international accounting standards, transactions, financial statements and financial statements. IFRS is announced by the International Accounting Standards Board, and they define specifically how accountants must maintain and report their accounts. IFRS was formed in order to have a common accounting language so that business and accounts can be understood across borders.
IFRS is intended for financial professionals who need to gain a more detailed understanding of IFRS. DipIFR is a fast and efficient solution that will advance existing knowledge in the field.
4. Pursue CS
A company secretary (CS) is one of the many pivotal job roles in an organization. The Corporate Secretary (CS) takes care of the legal compliance and regulatory requirements of public and private sector companies. The three phases of the Computer Science course include foundational, executive, and professional. Candidates must also undergo 15 months of hands-on training, after which they become involved in computer science and earn ICSI membership. ICSI stands for Institute of Corporate Secretaries of India, which is the only recognized body offering Computer Science courses in the country and has over 62,000 members.
5. Certificate course in Banking, Stock Market, Derivatives, Income Tax
M.com graduates are also eligible for all degree courses in Banking, Stock Market, Derivatives, Income Tax etc. This will also give them a specialized skill that will be of more use compared to other graduates.
There are several certificate courses available that also correspond to the studies conducted at M. Com:
- Certificate in Banking
- Certificate in stock market
- Certificate in Derivatives
- Income tax certificate
- Certificate in Accounting
- Certificate in Microfinance
- Certificate in Investment Banking.
6. Complete the Chartered Financial Analyst (CFA) course
CFA is one of the best courses after MCom. CFA stands for Chartered Financial Analyst Program. Presented by the US-based CFA Institute, it is a great introduction to the world of investment and finance. The program includes subjects related to financial analysis, bonds and derivatives, portfolio and investment management, etc. Once you have completed the three levels of the CFA, you can be hired by some of the world’s largest financial firms, such as Goldman Sachs, JP Morgan, Royal Bank of Canada and Morgan Stanley.
To be eligible to take the A-level exam, you must be in the final year of your undergraduate degree. Although the course duration is 2.5 years, it takes an average of four years to earn the CFA charter mark.
7. Obtaining a CPA license
One of the most popular career options after M.Com is CPA certification. CPAs obtain their designation from the American Institute of Certified Public Accountants or AICPA. Individuals who possess a CPA license have an in-depth understanding of generally accepted accounting principles (GAAP) and a strong accounting background. To get certified, you will have to take a rigorous four-part exam.
8. Crack the CFP Exam
One of the most popular career options after M.Com does a CFP course. CFP is another short-term course that can help you find avenues in the financial and insurance sectors. Although the course duration is six months, you need to do well in other criteria to practice as a certified financial planner. These requirements include educational performance, demonstrated work experience, and professional ethics. With a CFP certification, you can take on tasks in tax planning, insurance decisions, estate planning, investment management, retirement, etc.
9. Get involved in digital marketing
For all students who are wondering what to do after MCom, if you are not interested in working in finance and accounting, deciding what to do after MCom can be difficult. Not surprisingly, many commerce students choose creative careers as well. One such innovative endeavour includes digital marketing. It is a part of marketing that employs digital technologies to promote products and services. Modern companies cannot neglect the power of the Internet, and therefore, this field has gained immense popularity in recent years.
10. Pursue a career in teaching and research
If you are interested in business and commerce as academic disciplines, you can even enter the field of research. The PhD or Doctor of Philosophy (PhD) degree is awarded in disciplines such as finance, statistics, operations research, organizational behaviour, human resource management, and many more. You can also search for a suitable study abroad program provided it meets your research interests. It is one of the best career choices after MCom.
Aside from the JRF, there are a number of national and international fellowships available to students who demonstrate high research competence in commerce, economics, and management. If you want to become a university lecturer, it is highly recommended to study your way to a PhD. But if you are more inclined towards teaching school students, you can choose the two-year B.Ed program.
Eligibility & Admission
The eligibility criteria are given below:
- The basic eligibility to get admission into the M.Com programme is graduation in any stream.
- Some Universities accept the graduation degree with Business/Management studies or Honours in Economics for admission into this course.
- You have to secure at least 45-50% marks in your graduation degree.
Admission to the M.Com course is through direct admission. There are many universities that organize entrance exams for admission to M.Com courses.
Some universities also conduct interviews.
If you are interested in obtaining an MBA after completing an M.Com course, you can apply for an admission test such as Common Admission Test (CAT), Management Aptitude Test (MAT), etc.
The above list of the best Top 5 M COM Colleges in Punjab is developed by us. Although all steps have been taken to list the correct information for you, we recommend that you contact the office. This list is to help you out with the names of the Top 5 M COM Colleges in Punjab. We suggest that you do not draw any conclusions based on this list. You should talk to a few counsellors and then choose for yourself – which one would you like the most.
If you think we have left out some of the best M COM Colleges located in Punjab. Please tell us about this. We sure would be happy to add it to the list. You can also reach out to us if you want any of the above organizations to be removed from the list due to bad experiences. However, we have the option to add or remove the entry.