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Master of Commerce or MCom is one of the most popular choices among several students graduating with a BCom degree. It is a powerful tool enabling students to step up their career paths in domains such as investment management, portfolio management, corporate financial management, and security analysis. After graduating with an MCom from a recognized university, students are eligible to apply for rewarding job opportunities in relevant domains. These graduates find high demand in India from banks and auditing organizations. This blog highlights some of the top entry-level MCom jobs like these for graduate freshers.
Entry-level MCom jobs
To help you get a better understanding of what you can do after completing an MCom degree, the table below entails complete details on the job opportunities for MCom freshers, along with a brief job description and the corresponding salary for the role:
Expected job role | Job description | Average annual salary (approx) |
Stock Broker | Manage client portfolio, trading on their behalf, informing them of new investment opportunities | INR 60,57,350 per annum |
Sales Analyst | Analyze sales data, and offer suggestions to improve the company’s sales performance | INR 24,42,500 per annum |
Operations Manager | Monitor an organization’s day-to-day operations to ensure steady profits | INR 21,96,750 per annum |
Marketing Manager | Analyze the latest trends in marketing, conduct market research, and brand positioning | INR 13,27,952 per annum |
Business Analyst | Assess company performance and suggest ways to improve existing processes | INR 9 lakh per annum |
Tax Consultant | Filing of tax, processing of tax assessments, formulating tax strategies | INR 6,67,500 per annum |
Company Secretary | Managing board meetings, reporting on company finances, legal compliance, maintaining company records | INR 606,907 per annum |
Financial Analyst | Evaluating the financial data of the organization, enabling clients to make informed investment decisions | INR 5.6 lakh per annum |
Accountant | Managing and reporting all financial data for an organization | INR 400,000 per annum |
Market Research Analyst | Analyze customer preferences and market trends to determine the prospective sales of a product/service | INR 4 lakh per annum |
MCom career path
Once you decide to enroll in a Master of Commerce degree program, you will find yourself surrounded by plenty of MCom graduate career options. Some of the top career domains after MCom are outlined below:
- Tax consulting
- Finance
- Marketing
- Insurance
- Accounting
You can look forward to substantial career growth with an MCom degree in all of the above domains as well as many other related fields of work.
Skills required for MCom graduates
Students pursuing a degree in MCom are equipped with the desirable market skills, some of which include:
- Analytical ability
- Accounting
- Financial analysis
- Time management
- Critical thinking and problem-solving
Companies hiring MCom graduates
With the skills defined above, graduates can look forward to fresher jobs after MCom at some of the top firms in India. A few examples include:
- HDFC Bank
- JP Morgan
- Goldman Sachs
- Maruti Suzuki
- Tata Consultancy Services
- Reliance
- Wipro
- IBM
- Amazon
Conclusion
As highlighted in this blog, there is indeed ample scope for MCom fresher employment in varied industries. The jobs are well rewarded too in terms of salaries and position. A professional degree in MCom also helps build the required skills for a lucrative career path ahead.
Sikkim Manipal University (SMU) offers online MCom on the Online Manipal University platform. Sikkim Manipal is accredited by the NAAC and the study program in MCom is entitled by the UGC. The course is designed to empower students to prepare themselves for a rewarding career in the domains of accounting and finance.
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