M.Com Computer Applications or Masters of Commerce in Computer Applications is a PG course which is a combination of computers with commerce, generally concerned with computer software designed to help the users to perform multiple specific tasks. This 2-year course imparts knowledge to candidates on the basis of design and development of software applications which is used mainly in automation of accounting and financial transactions.
Admission to the M.Com in Computer Applications is usually on the basis of an existing Bachelor’s or undergraduate degree, generally the Bachelor of Commerce will be required. The admission for M.Com in Computer Applications is generally through a common entrance test conducted by various universities and some of them also offer merit-based direct admission.
Some institutes also offer the course in distance learning mode wherein students can gather knowledge without getting into the hassle of traveling and attending classes in college. Softkey Education, located in Mumbai, offers an M.Com course in Computer Application with the course duration of 2 years.
The fee structure of this full-time course in 12,000 per annum and the minimum eligibility is Graduation in Commerce. The institute employs qualified faculty members having experience in both commerce and computer and have knowledge of real life experiences from various industries.
The objective of this course is to impart knowledge in advanced concepts and applications in various fields of Commerce. Other objectives for M.Com in Computer Applications is given below: -
M.Com in Computer Applications provides several options to the candidates to become proficient in designing, developing, and maintaining of banking software. Also, it helps them to perform well in banking, finance, accounting, and in related areas.
Candidates can add to their qualification status by pursuing M.Phil or doctorate courses in related area. Higher studies increases the career prospects of the candidate, however, M.Com in Computer Applications is enough to obtain a lucrative career in financial sector.
|Name of the course||M.Com in Computer Applications|
|Examination Type||Semester System|
|Eligibility||Undergraduate/Bachelor’s degree with minimum of 50% marks (45% in case of SC/ST/OBC)|
|Admission Process||Based on merit basis and/or entrance tests conducted by a few colleges/universities|
|Average Course Fee||INR 10K to 60K|
|Average Starting Salary||INR 30K to 6 Lakh|
|Top Recruiting Companies||Wipro, Polaris, Cognizant, HP, Capgemini, L&T Infotech, Indusland Bank|
The duration of the M.Com in Computer Applications is mostly of 2 academic years, however, it might vary in a few cases depending upon the university. Each academic year of the two year course is divided in two semesters.
There are many institutes offering M.Com in Computer Applications course. The list of the top institutes offering this course along with the fess is given below: -
|COLLEGE/INSTITUTE||STATE||TUITION FEES (PER ANNUM)|
|Madras Christian College, Chennai||Tamil Nadu||54,500 INR|
|Hindusthan College of Arts and Science, Coimbatore||Tamil Nadu||48,000 INR|
|PSG College of Arts and Science, Coimbatore||Tamil Nadu||30,000 INR|
|Annamalai University, Chidambaram||Tamil Nadu||18,000 INR|
|Karpagam University, Coimbatore||Tamil Nadu||44,000 INR|
|Bharathiar University, Coimbatore||Tamil Nadu||37,000 INR|
|Kongu Arts and Science College, Erode||Tamil Nadu||24,000 INR|
|Karim City College, Jamshedpur||Jharkhand||21,000 INR|
|SSM College of Arts & Science, Komarapalayam||Tamil Nadu||60,000 INR|
|Karnatak University, Dharwad||Karnataka||32,000 INR|
|Chitransh Amulya Dutta Post Graduate College, Bhopal||Madhya Pradesh||10,500 INR|
|AVK Group of Institutions, Bangalore||Karnataka||11,000 INR|
|Dr. N.G.P. Arts & Science College, Coimbatore||Tamil Nadu||35,000 INR|
|Kasturba Gandhi College for Women, Hyderabad||Telangana||24,000 INR|
|Delhi Degree College, New Delhi||Delhi||40,000 INR|
|Saga Institute of Management Studies, Malappuram||Kerala||-|
Candidates who have successfully completed their Bachelor’s degree in the field of commerce (subjects such as accounts, mathematics and economics) with 50% or above marks are eligible for the admission. The qualification must be obtained from a reputed educational institution with computer as one of the subjects. The marks of admission for this course may vary from university to university.
Admission is either through the entrance test conducted by the university or merit based direct admission based on the academic performance in the Under Graduate course. Some universities also conduct the group discussion and interview rounds for those who have successfully passed their written entrance examinations. The university conducts an Entrance Examination (written test) for all the eligible candidates to assess the candidate’s knowledge of the subject.
Direct admissions are based on the merit in the under-graduate degree and separate merit lists are prepared for the general as well as reserved categories of the students. The final merit list, for admission under this M.Com program is determined by normalizing the marks of eligible B. Com and B. Com (H) candidates.
M.Com course in Computer Applications provides several career opportunities. Postgraduates’ from this field can seek employment in public and private sectors, banking, insurance, accounting, stock markets, e-commerce and marketing. Professionals belonging to this field can also opt for teaching jobs in universities and colleges.
Today, even software industries have numerous vacancies for those with Master of Commerce with Computer Applications. The average income mostly depends upon one’s qualifications and experience. For those who want to pursue a career in M. Com with Computer Applications, their initial salary begins from INR 35,000 - INR 40,000 per month.
M.Com in Computer Applications has high scope in banking and financial sectors. Candidates can also become Computer Programmers and Computer Application Specialists. For those who are interested in teaching and are NET qualified, they can get lucrative offers for the posts of Professors/Lectures in government colleges.
Skilled professionals can earn good salary packages in banking and financial firms. A fresher can expect salary within the range of INR 20,000 to INR 40,000 per month. The salary packages of a senior accountant will fall within the range of INR 3-4 lakh per annum (after 1-2-year experience).
Some of the job profiles associated with the M.Com in Computer Applications are Book Keeper, Budget Analyst, Cashier, Chief Information Officer, Finance Manager, Financial Analyst, Mutual Fund Broker, Securities Analyst, Business Consultants and others.
Below are some of the job titles and their profiles along with their respective salaries in the field of M.Com in Computer Applications
|Job Title/Sector||Job Profile||Salary|
|Accountant||Accountant provides financial information to management by researching and analyzing accounting data; preparing reports. Accountant is required in all types of sectors to keep a track of profit and loss of a company||INR 231,403 per year – INR 340,083 per year|
|Auditor||As an auditor, one has to check the financial statement and accounting ledgers. An auditor is responsible for evaluating the validity and reliability of a company or organization's financial statements||INR 585,549 per year – INR 687,474 per year|
|Stockbroker||A stockbroker, also called a Registered Representative, investment advisor or simply, broker, is a professional individual who executes buy and sell orders for stocks and other securities through a stock market, or over the counter, for a fee or commission||INR 308,368 per year|
|Professor/Lectures||Professor is the highest academic rank at universities who is an expert in arts or science, in this case, Computer Applications and imparts knowledge to the students||INR 50,000 – 80,000 per month|
|Finance Consultant||As a financial consultant, the responsibility involves giving advice to the customers/clients on savings, retirement planning, financial planning about the future etc. Financial consultants work for financial institutions or as self-employed professionals helping clients manage their finances||INR 500,646 per year|
|Mobile Application Developer||A qualified Mobile Developer works with a team of engineers to develop and maintain high quality mobile applications. As a Mobile developer, one has to collaborate with internal teams to develop functional mobile applications, and should be able to design and build the next generation of mobile applications.||INR 315,356 per year -INR 484,100 per year|
|Computer Programmer||A computer programmer’s primary duty is writing the code that computers read in order to operate properly. Software developers and engineers write the programs, which programmers translate into instructions for the computer. Also, creates and modifies computer programs by converting project requirements into code.||INR 393,054 per year – INR 421,349 per year|
Subjects studied under this degree are Business Organization, E-Commerce, Cost Accounting, Financial Accounting, Fundamentals of computers, Business Accounting Software, Office Automation package, Internet and Web Designing, Banking Theory, Banking Law and Banking Practice. The detailed syllabus for M. Com in Computer Applications Syllabus is given below: -
|First Year||Second Year|
|Management Concept||Marketing of Financial Services|
|Financial Management||Project Finance|
|E-Commerce||Internet and Its Applications|
|Management Accounting||Advanced Corporate Accounting|
|Computer Practical - I (Office Automation Lab)||Computer Practical – II (Advanced Financial Packages)|
Internship is an integral part of this Post – Graduate program. It is essential to expose the students to the real life work situation and to strengthen the conceptual knowledge gained in the classroom. One or two months long internship is mandatory in either of the fields – banking, financial institutions, insurance, service sector or any other industrial enterprise or consulting organization involving the use of computers. Post the completion of the internship, students have to submit a report at the end of the study.
Project work is also compulsory wherein students should select a topic for the project work in the third or fourth semester itself and submit a project report at the end of the fourth semester. Viva voce would be conducted for the project work. The project work should be related to computer applications in business.