M.Com in Business Management degree is a two-year postgraduate course catered by several Indian institutions. The course is intended for those interested in studying the principles and applications of business management. Business Management is the process of planning, organising and controlling business activities. In addition to business management, the biennial programme educates candidates in economics, finance, and business law & ethics. Master of Commerce in Business Management course also introduces organisational leadership.
In order to pursue Master of Commerce in Business Management degree, candidates are required to have completed a Bachelor’s degree in any specialisation. However, those with a Bachelor’s in Commerce are preferred over others. The two-year programme is divided into 4 semesters. While the first 2 semesters focus on the fundamental knowledge of commerce and finance, the last 2 semesters provide detailed knowledge of the specialised subjects related to business management.
Though entrance to the course is primarily merit-based, some top-tier institutes require candidates to qualify their respective entrance examinations. After successful completion of M.Com in Business Management programme, candidates are able to manage resources on a local as well as the global scenario. Master of Commerce in Business Management postgraduates can choose to either work or pursue higher studies.
Those interested in pursuing a Master of Commerce degree in Business Management should have a knack for analysing and interpreting figures and facts. Also, M.Com in Business Management aspirants must have a clear understanding of the basic mathematical principles. Business Management necessitates candidates to be good at leading a team. All essential skills that a Business Management candidate should possess are enumerated as follows:
Candidates that have successfully completed the M.Com in Business Management degree are qualified to assume different occupational roles. They can work as business managers and business management associates to assuming the role of business consultants. A Business Management postgraduate can take on any job that requires a proper and clear understanding of business management, as well as the need for efficiently managing resources. Some of the premier job profiles available for a Master of Commerce in Business Management graduate are briefed up as follows:
The job profile of a business manager is ideal for someone with a postgraduate degree in Business Management. Depending on the stature of an organisation, business managers need to perform different duties. Typically, a business manager assists employers for accomplishing distinct goals and objectives. These can be set in terms of industry penetration, productivity, profitability, or sales. Business managers are meant to analyse loads of data and make decisions for the betterment of the organisation. These professionals are also responsible for hiring and training new recruits as well as assessing present employees.
Another rewarding job opportunity for those with an M.Com in Business Management degree is that of a business analyst. The primary role of a business analyst is to assist organisations in implementing appropriate technology solutions in a cost-effective way. For doing this, business analysts need to determine the exact requirements of a project and provide details in a convincing way to facilitators, partners and stakeholders. These professionals are well-paid for their laborious services.
The primary goal of a financial coordinator is that the organisation gets maximised revenue from various business activities it conducts. Financial coordinators are responsible for the record keeping of an organisation. These professionals are responsible for the creation of suitable payment schedules that can help businesses in efficiently handling outstanding payments. Ensuring that the organisation sticks to the payment schedule is a part of the job responsibility of a finance coordinator. The job profile of a financial coordinator is ideal for an M.Com in Business Management graduate.
Wealth managers often provide two types of services, advisory and discretionary. These professionals can work full-time as well as part-time, as per their liking. Advisory services provided by a wealth manager offer advice and suggested actions related to a particular monetary activity. Discretionary services allow a wealth manager to act on behalf of the client after the based on their instructions.
Candidates with an M.Com in Business Management degree can choose to work as business Banker & relationship managers, business support management analysts, business management associates, educators, research associates, business advisors, sales and distribution agents, and lecturers.
Candidates with a Bachelor’s degree in any specialisation can apply for an M.Com in Business Management programme. There is no age bar for the programme. The entire eligibility criteria for the course are briefed up as follows:
The specialised programme of M.Com in Business Management prepares candidates to assume managerial roles to administer various business activities effectively. Master of Commerce in Business Management postgraduates are apt at assuming leadership roles and devise proper business activities to benefit employers, both in terms of profit making and the inception of a good public image.
With the fast-paced development of technology, it is important for Business Management candidates to be aware of the latest technological advancements that can assist in making effective business decisions. Master of Commerce in Business Management programme educates candidates in the recent global technological advancements and methodologies used in Business Management.