The two most popular options for students after earning a graduation degree are to pursue either an MBA or an M. Com. Now that both courses have advantages, students should know what they want from their postgraduate education and make an informed decision rather than choosing the one that is more popular.
The M. Com and MBA are excellent programs that can give you a successful career. If you desire to continue your education after earning your B. Com., both postgraduate programs are worthwhile. A thorough comparison of the two courses is provided in the blog that follows to assist you in selecting the best course for you.
What is MBA?
A two-year master’s program in business administration leads to an MBA degree. You are now qualified to operate in a managerial capacity in the sector of your choice thanks to this course. It is one of the most well-liked postgraduate programs nationwide. One of the main factors influencing student decision to get an MBA is the opportunity to learn about every area of running a business.
What is M. Com?
The M. Com is the masters-level equivalent of the B. Com. The knowledge you acquired during your graduation is expanded upon in this two-year degree program. Your M. Com also qualifies you for good jobs in numerous industries. The value it offers, the job opportunities it opens up, and how simple it is to find a suitable college and university for the degree are other reasons why many students choose it.
Comparison between MBA and M. Com- Based on Various Factors
You’ll have a deeper understanding of MBA vs M.Com if you are aware of the distinguishing characteristics. You can choose the best course for you by comparing the following features of the two degrees, which have some significant distinctions.
Following is a comparison of MBA and M.Com based on various factors:
MBA vs. M.Com: Specializations
MBA Specialization: You will have to select a specialization from among those offered during the MBA program which includes
- Marketing
- Finance
- Human resources management
- Operations management
- Business analytics
- Logistics & supply chain
- International business.
These specialties are all related to various business sectors. You can build a career in the specialty you select.
M.Com Specialization: Here are some of the major specializations available in the M. Com degree program which includes
- Taxation
- Economics
- Accounting
- Mathematics
- Statistics
- Banking & Finance
- Computer Application
- Marketing
- Business Management
- Finance & Control
Course Curriculum: MBA vs M.Com
The curriculum varies depending on the specialization. However, for the purpose of comparison, a typical curriculum for both degrees would include the following subjects.
The curriculum for MBA vs. M. Com courses looks like this:
MBA Curriculum
- Finance
- Marketing
- Economic Statistics
- Operations
- Organizational Behavior
- Accounting
- Business Ethics
- Entrepreneurship
M.Com Curriculum
- Organization Theory & Behavior
- Financial Management & Policy
- Statistical Analysis
- Economic Analysis
- International Business
- Human Resource Management
- Marketing Management
- Strategic Management
- Business Environment
- Quantitative Techniques for Business Decisions
- Managerial Accounting
- Accounting Theory & Practice
Career Scope: MBA vs M.Com
Before selecting any degree program, students must give careful thought to their employment options. You should be aware of the differences in the scope of various degrees before making your decision.
Here is a professional comparison between an MBA and an M. Com.
MBA Employment – An MBA degree course gives you a wide range of career options. MBA graduates are in high demand as professionals and are highly sought after by employers. Along with gaining in-depth information on all business-related topics, you also undergo a lot of personal growth over the course and acquire a wide range of tech and soft skills. You are given every resource you need to advance in your job. You can even choose your own career, launch your own company, and work for yourself.
M.Com Employment – Some of the greatest jobs in the sector go to M.Com grads. You will become an expert in business thanks to the subjects in this degree, and the country’s commerce sector is currently experiencing rapid growth. You won’t have any trouble obtaining a job that earns you a respectable pay and benefits if you decide to pursue an M. Com.
Average Salary Range: MBA vs M.Com
While selecting a degree program and career, salary is one of the most significant factors to take into account. As a result, you ought to give the following salary ranges significant thought.
The following table lists the typical income ranges for MBA and M. Com graduates:
MBA Salary Range
- Entry-Level – INR 2 lakhs
- Mid-Level – INR 7.6 lakhs
- Top-Level – INR 10 lakhs
MCom Salary Range
- Entry-Level – INR 1.3 lakhs
- Mid-Level – INR 3.7 lakhs
- Top-Level – INR 10 lakhs
The numbers provided are typical starting points. The college you attend for your degree program, the business where you land a job, and the state of the national economy are just a few of the additional variables that determine compensation.
Conclusion
Both programs have proved to be valuable in the life of a graduate, especially B. Com grads. If you do MBA, you can find yourself in a better position leading a group of professionals. If you choose M. Com, you may dictate the financial investments made by the company you work for. In Both cases, you can wield serious power in your employment and turn out to be an asset for the company.
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