M.Com Subjects: Semester Wise Subjects List, Syllabus, Books 2023

M.Com Subjects

The Master of Commerce (M.Com) is a two-year post-graduate or master's degree program offered in a number of UGC-accredited commerce institutes around India. It is intended to improve a person's abilities and understanding in areas connected to business, finance, accounting, economics, management, and other relevant fields. Read the whole article to know about M.Com Syllabus in detail, M.Com Subjects, M.Com Subjects in IGNOU, books, and more. 

Graduate students in India with backgrounds in B.Com and B.Com (H) find the M.Com to be a popular option. It offers in-depth understanding of management and business, which is necessary for the effective operation of organisations and businesses. It is also well-liked among aspiring researchers and educators. M.Com Admissions are usually based on entrance exams. However,some universities provide merit-based admissions. 

Also Find out: Best Courses After BCom

M.Com Syllabus Semester Wise

M.Com course duration is two-years. During the first year, students are introduced to Finance, Accounting, and Commerce, with a focus on the latter two in the business world. In the second year, the full M.Com course is focusses, with an emphasis on banking, finance, capstone projects, and real-life initiatives. The goal of the M.Com course is to guarantee that the students have access to all the knowledge they require to be successful in their chosen fields.

Given below is the semester-wise M.Com syllabus:

M.Com Syllabus 1st Year

M.Com Syllabus 2nd Year

Check out the Course wise Subjects Breakdown in the section below - 

M.Com Subjects List

The subjects in M.Com are divided into core and elective subjects. This section covers both types of M.Com subjects in detail.

M.Com Core Subjects

Accounting for Managerial Decisions

This subject focusses on the organisation of the accounting and managerial information needed for management. It covers the following M.Com subjects:

• Introduction
• Cost behaviour and profit analysis
• Budget & budgetary control
• Standard costing
• Divisional performance analysis
• Responsible accounting

Business Environment

This subject covers all the internal as well as external factors needed for the smooth functioning of the business. It covers the following M.Com subjects:

• Introduction to Business
• Emerging Order of Business Environment
• Technological Environment
• Economic Environment
• Political Environment
• Socio-Economic Environment
• Natural Environment
• Inter programming and Inventory Control

Computer Applications in Business

This subject provides information about the development and software applications in finance domain. It covers the following M.Com subjects:

• Computer Fundamental
• Information Technology
• Operating System and Word Processing
• Introduction to Accounting
• Database Management System

Accounting Theory and Practice

These subject lays emphasis on the set of frameworks, assumptions, techniques, and practices required for accounting. It covers the following M.Com subjects:

• Accounting theory and practice: Type, Objective, and Scope
• Conceptual Framework of Financial Accounting and Reporting
• Objectives of Corporate Reporting
• Revenue, expenditure, profit, and loss measurement and reporting
• Valuation of Assets and Liabilities
• Deprecation Policy
• Recent Developments

Security Analysis and Portfolio Management

This subject integrates the different arenas of contemporary investment management, which are involved in for asset creation of investment objectives. It covers the following M.Com subjects:

• Introduction: What, Why, and How?
• Financial assets in Investment Decisions: Nature, Process, & Scope
• Fixed Income Security Analysis
• Variable Income Security (Equity) Analysis
• Traditional and Modern theories of Portfolio Management

Corporate Tax Planning

This subject includes the study of strategies and planning to reduce tax liabilities against registered company. It includes the following M.Com subjects:

• Corporate Tax Planning: Introduction and Meaning
• Introduction to Tax Evasion and Tax Avoidance
• Computing Corporate Tax
• Tax planning and managerial decisions
• Foreign collaborations and foreign tax incidence on domestic companies

Financial Management and Policy

This subject focusses on the study of structures, procedures, systems, accounting required in the organization. It involves the following M.Com subjects:

• Introduction to financial management
• Objectives, Nature and Scope of Financial Management
• Planning and Management of Capital structures
• Decisions of Capital Budgeting
• Corporate Restructuring

Organisation Theory and Behaviour

This subject facilitates students to develop a theoretical comprehension of how to build a workplace environment and its structure. It includes the following M.Com subjects:

• Different Organisation theories and behaviour
• Decision making and Communication
• Stress management
• Concepts of leadership, power & conflict
• Contemporary theories of motivation
• Organisational culture and development

Managerial Economics

This subject involves the study of economic methods to optimize decision making at management level. It includes the following M.Com subjects:
 

• Introduction to firm theories and its objectives
• Cost and Production Classification
• Consumer Behaviour
• Theories of Pricing
• Relationship of Price and Output in different market structures
• Case Study

Marketing Management

This subject focusses on the analysis of marketing techniques and customer behavior to increase business profits. It involves the following M.Com subjects:

• Traditional vs Modern view of marketing
• Marketing environment
• Market planning, organising, and control
• Product and Pricing Decisions

M.Com Elective Subjects

Banking and Finance- This subject involves mastery-level research in banking and finance. It covers the study of financial management, financial concepts, and banking rules.

Commercial Bank Management- The management of banking operations and the development of leadership abilities are skills that are taught to students. They are introduced to ideas and procedures in the various functional areas of banking management activity.

Entrepreneurial Management- It includes researching topics like entrepreneurial introduction, strategic management, business ethics, and social responsibility, etc. It introduces the idea of entrepreneurship to students.

Financial Markets- Pricing, fees, cost management, fundamental trading rules, market pricing drivers, and security are all topics covered in this discipline.

Human Resource Management- This subject involves the study of creation and administration of human resource relations.

International Finance- Through this course, professionals will get specialised knowledge and applied worldwide competences in various facets of financial management.

M.Com Specializations 

Given below are the specializations offered in M.Com syllabus:

M.Com Books

Since master's in commerce is such a broad field with so many specialisations, post-graduate students read a variety of literature. Here are a few books recommended for M.Com subjects that applicants can refer to:

Distance M.Com Course Syllabus

Distance learning allows students who cannot afford full-time classes to earn their degrees. Additionally, students who are not eligible for full-time programs choose part-time or online M.Com programs. The curriculum for online learning courses is very similar to that of conventional courses. The format of the evaluation is very similar to that of the regular courses. At least a 50% overall grade point average is needed for graduation in order to be eligible for the distance learning program. Some of the top distance colleges offering M.Com distance courses are IGNOU, Annamalai University, LPU Remote Education, Jain Online University, Chandigarh University, Netaji Subhas Open University, JECRC, and GITAM, etc

M.Com Syllabus IGNOU

Given below is the list of M.Com subjects in IGNOU as included in the syllabus of the university: