M Com 1st Year Subjects, Syllabus, Semester, Books, electives, Colleges

MCom Syllabus in 1st Year

The M.Com syllabus is divided into 2 semesters. The syllabus of M.Com comprises subjects such as organization theory and behavior, statistical analysis, financial management, marketing management etc. The first-year syllabus focuses on providing knowledge about finance, accounting and commerce etc. The syllabus of the first year is tabulated below for your reference, 

MCom Subjects 1st Year 

M.Com subjects are designed to provide technical knowledge in finance and corporate. M.Com subjects provide comprehensive training. M.Com first year subjects are compulsory for candidates and elective subjects are introduced in the third semester. 

See Also: Commerce Courses

MCom 1st Semester Subjects

• Organization Theory & Behavior- This subject provides knowledge and theoretical understanding of the structure and behavior of the organization. This subject includes organizational theory and behavior, group decision-making and communication, motivation, leadership, organizational culture etc. 
• Statistical Analysis- The main objective of this course is to make students understand the important statistical techniques for managerial decision making. This subject includes Probability and Expectation, probability distribution, statistical decisions theory, sampling and sampling distribution, hypothesis testing etc. 
• Economic Analysis - The main objective of this course is to make students understand the concepts of micro-economic theory and their use in business decision making. This includes the firm and its objectives, consumer behavior, production and cost, cost function etc.
• Financial Management & Policy- This subject includes the basic analytical techniques and methods of financial management of business firms. This includes Financial Management, Capital Budgeting decisions, capital structure, dividend policy, working capital planning and management etc. 

See Also: E Commerce Courses

MCom 2nd Semester Subjects 

• Managerial Accounting - This subject includes Management Accounting, Cost Concepts, Activity Based product costing, cost volume profit analysis, variable and absorption costing, standard costing, Budgeting, Divisional Performance Measurement etc.
• Business Environment - This subject includes Basic IS-LM framework, exchange rates regimes, expectation and economic behavior, Inflation and unemployment, macroeconomic environment, Environmental laws, costs and business behavior etc. 
• Quantitative Techniques for Business Decisions - This subject provides the knowledge of use of quantitative models in decision making. This includes Linear programming, Transportation, Assignment, Integer Programming, Inventory programming, Inventory control, PERT/CPM etc. 
• Marketing Management - This includes the basic concepts and principles of marketing and to develop their conceptual and analytical skills. This includes Marketing Environment, Buyer Behaviour, market segmentation, product decisions, pricing decisions, promotion decisions etc. 

See Also: Commercial Law courses

M.Com Skills Required

Candidates wishing to pursue M.Com must develop the necessary skills that are required to pursue a career in M.Com. The course is mostly theoretical where candidates are required to possess some strong learning skills. Some of the top skills required to pursue M.Com are listed below for your reference, 

• Logical Reasoning
• Mathematical Ability
• Communication skills
• Leadership skills 

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Why Study an MCom course? 

M.Com is a postgraduate program that deals with the study of subjects related to commerce such as accounting for managerial decisions, computer applications etc. To check the worthiness of the M.Com program, candidates must see the below-mentioned benefits for pursuing an M.Com program, 

• M.Com offers diverse opportunities in the field of commerce, finance, accounting, financial management etc.
• M.Com course includes subjects such as organizational behavior, organizational management, management principles etc.
• It is anticipated that the number of accountants and auditors will increase by 6% from 2021 to 2031.
• M.Com offers diverse opportunities in both the private as well as public sector including banking, stock market, financial services department, government agencies, software development companies and consultancy services.
• M.Com offers are a wide range of opportunities in the finance sector as well such as Finance consultants, Bookkeepers, business analysts, stockbrokers etc. 

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