Why Go For An MBA After MCOM?
Having a master’s degree in the field of commerce can be very helpful in making strategic decisions and achieving productive outcomes for a career, particularly if you opt for an MBA afterward. Your expertise in the commercial industry, combined with knowledge of how to effectively deal with businesses, industries, and their management, can do wonders for your career.
Skill Diversification: An MCOM degree offers insights into areas such as accounting, commerce, or finance. An MBA degree provides one with diversified knowledge of the same fields, but also covers the tactics of operations, marketing, entrepreneurship, and human resources. So, pursuing an MBA after MCOM is about handling your knowledge and developing an overall well-rounded, multifunctional skill set that applies to various fields beyond just commerce.
Learning The Spirit Of Business: Going beyond what is written in the textbooks and actually functioning in the real world makes a whole lot of difference to your professionalism and work spirit. If you have any aspiration to work in a fast-paced business industry or to start your own business, an MBA is the perfect platform to step on and start with. The degree is the doorway to a new professional life that provides multiple opportunities for career advancement and teaches you the skills and the knowledge that will be needed, not just for being an Entrepreneur or working in an industry, but also how to skillfully plan or manage a business.
C-Suite Dreams Desiring the Luxury: If you dream of having a career that not only provides global opportunities but also pays a good salary, then an MBA degree after an MCom is the place to start. An MBA degree is considered a very valuable qualification worldwide that infuses learners with the spirit of leadership, strategic thinking, and problem-solving skills, absolutely crucial for taking on high-level skills.
Adapt and Thrive: Everyone today is skilled and continuously learning new skills to keep themselves updated to gain excellence. An MBA degree does not teach you what the industry requires, but it also helps build your personal development of skills and pushes you towards holistic development, so that learners can easily adapt to changing landscapes of business and industries. Because today’s market is very dynamic and changes every moment, only the person who is trained can survive this and make it to the top of the game.
Top MBA Specialisations for MCom Post-Graduates:
| Accountancy | Human Resource Management |
| Business Analytics | International Business |
| Entrepreneurship | Marketing |
| Finance Management | Operations Management |
| Financial Risk Management |
Job Opportunities for MBA Graduates after Completing an MBA:
| Job Role: | Average Salary (Per Annum) |
| Finance Manager | INR 9,60,000 |
| Business Analyst | INR 6,85,000 |
| Investment Banker | INR 9,70,000 |
| Management Consultant | INR 11,00,000 |
| Sales Manager | INR 6,50,000 |
| Product Manager | INR 15,00,000 |
| Corporate Treasurer | INR 12,00,000 |
| Credit Analyst | INR 6,00,000 |
| Account Manager | INR 6,20,000 |
| Financial Analyst | INR 6,00,000 |
| Supply Chain Manager | INR 8,00,000 |
| Human Resource Manager | INR 7,00,000 |
| Marketing Manager | INR 7,50,000 |
Eligibility Criteria for MBA:
If you are thinking of pursuing an MBA after MCOM, here is the standard eligibility criteria for management courses:
Qualification: The applicant must have a graduation degree in any discipline with at least 50% marks from a recognised university. The minimum requirement of marks varies from one university to another.
Entrance Exams: You must qualify for one of the national or state-level MBA entrance exams, such as CAT, XAT, MAT, GMAT, NMAT, IPMAT, etc, to seek admission. Some universities also conduct their own entrance examinations. In that case, you have to qualify for either the above-mentioned exams or the university entrance exam.
Work Experience: Some universities require students to have 1-2 years of work experience to seek admission into their prestigious colleges. However, for Executive MBA degrees, universities do require students to hold some experience in relevant fields.
GD + Interview: Group discussion and personal interviews constitute the final steps of the selection process. Some universities may also want you to give a micro presentation to assess your communication and creativity skills.
Online MBA after MCom For Working Professionals:
The scope for a bright career after an MBA is not just limited to students. Professionals can also opt for doing an online/distance MBA if they wish to push their career in a direction of new growth and excellence.
Today, the era is digital, and so is the education served through different modes and not only through traditional classrooms. For the continuation of the process of learning, today, several universities globally and in India offer management programmes through online modes as well. One can also complete their management degree by pursuing it as a part-time programme in which the classes are usually held on weekends.
An MBA degree for professionals would open up a new realm of quality and quantity of opportunities that not only have a better scope of building a successful career but also would enhance one’s own calibre, industrial acumen, business knowledge, and management expertise.
Top College for Online MBA after MCom:
Going for a second master’s degree can be a very good decision for career growth. One point to remember is that the institution you choose to pursue an MBA from will also make a huge impact on the outcome of your career after completion of the course. Some of the top MBA colleges that you can go to after MCom are mentioned below:
| Online University: | Fees: |
| NMIMS University | INR 1,96,000 |
| DY Patil University | INR 1,70,000 |
| Amity Online | INR 1,61,000 |
| Jain Online | INR 1,70,000 |
| Chandigarh University | INR 1,50,000 |
| Symbiosis Online | INR 1,50,000 |
Conclusion:
For any individual who is looking for a thriving career and wishes to gain a global perspective, build networking opportunities, and develop their skills & calibre, an MBA after an MCom is a must. Those who wish to follow a well-rounded business education that widens their abilities, exposes them to real business discipline, and turns them into a highly functional professional, the management degree is their key to the treasure.