M.Com : Master of Commerce

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M.Com : Master of Commerce

Master of Commerce is a post-graduate regular degree program. This is a two years course approved by UGC. The Master of Commerce degree at BFIT is affiliated to HNB Garhwal Central University.

The master degree course covers the study of principles of accounting, economic theory,micro and macroeconomics, money and banking systems, knowledge about business, trade and its characteristics and policies involved etc. There are specialization subjects in the last year that the candidates can choose. The subjects are Marketing & Finance. M.Com focuses on the methodical learning of the concepts of Accountancy, Statistics, Mathematics, Finance, Banking, Taxation, Management Studies, etc. Therefore, the study of M.Com degree gives an imminent of commerce, management and economics as a whole.

M.Com degree serves as a foundation for further advanced studies and research in this area such as Ph.D. and M.Phil. Degree in Commerce. M.Com graduates can choose for further advanced studies and career in different specializations of Commerce such as in Statistics, Taxation, Accounting & Finance, Banking, Insurance etc.

M.Com graduates can choose research job in different fields of India’s national security problems including the international relations, geostrategic, geopolitical, socio-economic, tactical aspects of war, etc. Commerce enables a Master’s graduates for a wide range of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant. After Master’s degree in Commerce, a student can apply for the UGC-NET or JRF exam. After these exams, they can go for teaching or research area.

Eligibility

• The candidate should be passed the Bachelors examination from any recognized University or  Foreign University with minimum 45% marks in aggregate, or B.A. with Economics or Mathematics, or B.Sc. with Mathematics or Economics with minimum 50% in aggregate, from a recognized Indian or Foreign University.

• Candidates who have appeared or who are likely to appear for the qualifying examination i.e. B.Com or equivalent and whose results have not been as yet declared can also go ahead for the admission.

Career Scope

For Higher Studies

Many opportunities are there for the candidates after post graduation in commerce. Candidates can go for many courses after M.Com. Some of the courses are:

  • Doctor of Philosophy in Banking & Finance

  • Doctor of Philosophy in Business Economics

  • Doctor of Philosophy in Commerce

  • Doctor of Philosophy in Corporate Secretary ship

  • Doctor of Philosophy in Financial Studies

  • Doctor of Philosophy in Statistics

  • Professional Education (Course PE-I)

  • Professional Education (Course PE-II)

Other Certification Courses after M.Com

Candidates after completing the M.com course can go for many certificate courses .Some of them are:

  • Certificate course in Banking

  • Certificate Course in Office Automation

  • Certificate Course in Operations Research (OR) with Applications Engineering  and Management

  • Certificate Course in Applied Managerial Economics

  • Certificate Course in Central Excise (CCCE)

  • Certificate Course in Derivatives

  • Certificate Course in Financial Accounting & Taxation (CCFAT)

  • Certificate Course in Income Tax (CCIT)

  • Certificate Course in Micro Finance

  • Certificate Course in Personal Management (CCPM)

  • Certificate Course in Phonetics

  • Certificate Course in Stock Market

  • Certificate Course in VAT (CCV)

  • Certificate Course in Vedic Mathematics

  • Certificate in Accounting

  • Certificate in Tally

  • Chartered Financial Analyst Equity Research

  • IFRS Certification – ICAI

  • Post Graduate Certificate in Investment Banking

After completion of Master of Commerce program, a student can also find employment in both Private and Public Sector. An M.Com. degree holder can look for a career opportunity in public sector in various nationalized banks like State Bank of India, Union Bank etc. Railway Recruitment Board recruits these postgraduates for the post of Assistant Accounts/Audit Officer.

In Private Sector too, they can find employment in many roles such as:

  • Accountant
  • Finance manager
  • Operation manager
  • Financial analyst
  • Assistant finance manager
  • Account executive

They can also join Heavy Engineering Corporation Limited (HEC Ltd) as Accounts assistant. With experience, they can move up to the position of Senior Accounts Executive, Senior Executive of Corporate Sales or even ERP Functional Executive. Some of the top recruiters in private sector for M.Com. are:

  • YES Bank
  • Canara Bank
  • Export –Import Bank, India
  • Snap deal
  • Hindustan Unilever Ltd.
  • Nestle India
  • Cadbury India
  • Asian Paints India

Job Prospects

The need for highly qualified candidates is increasing day by day. This is because of the expansion of business due to the use of latest technology. Most of the leading companies require candidates with experience and qualification.

Those who are looking for a career opportunity in public sector after M.Com can join various nationalized banks like State Bank of India, Union Bank of India etc. as Probationary Officer or Customer Relationship Executive. They can also join public sector undertakings like Bharat Sanchar Nigam Limited (BSNL), National Small Industries Corporation Limited (NSIC), Heavy Engineering Corporation Limited (HEC Ltd) etc.

FMCG companies like Hindustan Unilever Ltd, Nestlé India, Cadbury India etc. are the major employers in private sector. Apart from that, they can join reputed private banks and insurance companies as Financial Analyst, Credit Officer or Loan Officer.

Employment Areas

  • Banks

  • Budget Planning

  • Business Consultancies

  • Educational Institutes

  • Foreign Trade

  • Industrial Houses

  • Inventory Control

  • Investment Banking

  • Marketing

  • Merchant Banking

  • Public Accounting Firms

  • Working Capital Management

  • Policy Planning

  • Public Accounting Firms

  • Treasury and Fore Department

  • Course Fee

    Fee:

    Fee applicable to applicants admitted on the basis of AIBFEE (Commerce) will be as per details given below:

    Program Applicable Fee (Per Year)
    M.Com. Rs 39,500/-
  • Scholarship

    BFiT Group of Institutions

    On The basis of performance in AIBFEE (School of Management Studies – SMS) :

    The cut-off for each category will be announced along with the result of respective schedule. The scholarship details are as per the following table:

    Course Fee (per year) Rs.39500/-
    Percentage Slab for Scholarship amount (per year) Fee Applicable after Scholarship (per year)
    95% or above aggregate marks (Subject to seat Availability)
    Or
    AIBFEE score more than or equal to cut-off
    Rs.23700/- Rs.15800/-
    90% – 94.99% aggregate marks (Subject to seat Availability)
    Or
    AIBFEE score more than or equal to  cut-off
    Rs.15800/- Rs.23700/-
    80% – 89.99% aggregate marks (Subject to seat Availability)
    Or
    AIBFEE score more than or equal to  cut-off
    Rs.11850/- Rs.27650/-
    70% – 79.99% aggregate marks (Subject to seat Availability)
    Or
    AIBFEE score more than or equal to cut-off
    Rs.7900/- Rs.31600/-
  • Admission Process

    1. Admissions in Post Graduate Course- M.Com  is on the basis of merit of graduation marks and personal interview.

    2. You can fill the online registration form available on the website and pay Rs. 5000/- online as the registration fee. If interested and eligible, Apply Online here

    3. Alternatively, for the Seat registration you can deposit money by making Demand Draft in favor of BFIT payable at Dehradun by depositing the cash in ICICI Bank or you can transfer money from any bank through RTGS/NEFT.

    4. Selected students will be intimated over email/phone.

    5. On the date of scheduled joining time the student shall report at the venue on time, wherein briefing of the institute, rules and regulations etc. shall be given to the students. The students should carry the following documents along with the following certificates in original for verification:

    * 8 passport size photographs
    * TC & Migration Certificate. * Character certificate from the last school attended
    * Marks sheet of Graduation & pass certificate.
    * 10th class marks sheet & pass certificate.
    * 12th class marks sheet & pass certificate.
    * Two sets of photocopies of all the above documents.
    * Copies of extracurricular / sports or any other major achievement done on basis of which additional consideration is being made.

    Upon verification of the above documents, the candidates shall appear for their Group Discussion and Personal Interview.
    1. If any of the above mentioned documents are not available, then the admission given shall be provisional basis unless submitted. The required documents will have to be submitted latest by 25th July 2018.
    2. The merit list is drawn on the basis of weightage as under-

    Graduation – 50%
    Personal Interview – 50%

    A merit list will be drawn on the basis of above. Those shortlisted, an offer/short listing letter will be sent to them. On Receipt of the above letter, students need to confirm their admission within 15 days of receiving the communication and deposit the course fee.
    The fee can be deposited online through our website or by making Demand Draft in favor of BFIT payable at Dehradun by depositing the cash in ICICI Bank or you can transfer money from any bank through RTGS/NEFT.
    Account Details:

    BANK NAME- ICICI BANKA/C NO.-243801000031

    A/C HOLDER-BFIT TECHNICAL CAMPUS

    BRANCH- ANURAG CHOWK, DEHRADUN

    IFSC CODE- ICIC0002438

     

    BANK NAME- SBI BANKA/C NO.-31042767195

    A/C HOLDER-BFIT

    BRANCH- IMA, DEHRADUN

    IFSC CODE –SBIN0000739

     

    BANK NAME- IDBI BANKA/C NO.-1764104000005654

    A/C HOLDER-BFIT

    BRANCH- GMS ROAD, DEHRADUN

    IFSC CODE –IBKL0001764

     

    3. Students confirmed for admission shall have to deposit the balance fee for the first year within next 30 days of confirmation of admission. Those students wishing to avail a bank loan and requiring extra time shall make a request within 3 weeks of confirmation of admission. Additional time to deposit the fee or as deemed fit by the selection committee will be granted only on an undertaking that in case the fee is not deposited till the due date, the seat may be allotted to another candidate. In case of sanction of higher loan amounts, the balance will be refunded to the students.

  • Fee Structure

    Details Ist YearIInd Year
    Form Fee Rs. 500/-NA
    Registration FeeRs. 3,000/-NA
    Campus FeeRs. 7,500/-NA
    Other Charges (Uniform, Lab practical, Seminar etc.)Rs. 11,500/-NA
    LibraryRs. 3,000/-Rs. 3,000/-
    Other Charges (ID card/Marathon/SMS etc.)Rs. 940/-NA
    Medical Consultation ChargesRs. 800/-Rs. 800/-
    Placements Rs. 4000/-Rs. 4000/-
    Dissertation/Internship/Training Charges (wherever applicable)(wherever applicable)(wherever applicable)
    University Exam FeeAs per the University NormsAs per the University Norms
  • Course Structure

    First Semester

    • M.Com.101 : Corporate Financial Accounting
    • M.Com.102 : Management Principles and Practice
    • M.Com.103 : Business Environment
    • M.Com.104 : Managerial Economics
    • M.Com.105 : Computer Applications in Business
    • M.Com.106 : Business Communication

    Second Semester

    • M.Com.201 : Financial Management
    • M.Com.202 : Marketing Management
    • M.Com.203 : Human Resource Management
    • M.Com.204 : Research Methods & Statistics
    • M.Com.205 : Management Accounting
    • M.Com.206 : Legal Aspects of Business
    • M.Com.207 : Organizational Design, Development and Change(Self Study Course)

    Third Semester

    • M.Com. 301 : International Business
    • M.Com. 302 : Management of Financial Services
    • M.Com. 303 : Income Tax Laws and Practice
    • Elective Group: The students have to opt one whole group as a major course and one paper from another group as a minor course

    Group A: Finance:

    • M.Com.304 : Financial Markets and Institutions
    • M.Com.305 : Security Analysis and Portfolio Management

    Group B: Marketing

    • M.Com.306 : Consumer Behavior
    • M.Com.307 : Marketing Communication
    • M.Com.308 : E-Commerce (Self Study Course)

    Fourth Semester

    • M.Com.401 : Project Planning and Evaluation
    • M.Com.402 : Project Report
    • M.Com.403 : Seminar and Viva Voce
    • Elective Group: The students have to opt one whole group as a major course and one paper from another group as a minor course. Group selected by the student as major group in 3rd semester cannot be changed in the 4th semester.

    Group A: Finance

    • M.Com.404 : Risk Management and Insurance
    • M.Com.405 : International Financial Management

    Group B: Marketing

    • M.Com.406 : Marketing of Services
    • M.Com.407 : International Marketing
    • M.Com.408 : Entrepreneurship Development (Self Study Course)
100%

Academic excellence

95%

Phd & Renowned Faculties

100%

Hands on Training

100%

Degree Validation

Why Bfit

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AFFILIATION

BFIT Dehradun runs M.Com, a two years regular degree program affiliated to H.N.B. Garhwal Central University ( UGC Approved University -University Grant CommissionMinistry of H.R.D. Human Resource Development Govt. of India & NAAC Accredited).

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Awarded Best Multi-Disciplinary College in India.

Awarded Best Emplacement College in India.

Awarded Best Technical & Professional College in Uttarakhand (North India).

Awarded Best Academic Leadership Award in IT And Management Education.

Awarded Best B-school & Mass Comm. College in North India.

Awarded Best Leading Management And Technical Institution.

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NEWS & EVENTS

  • HNBGU BOTANY EXTERNAL PRACTICAL: 1. B.Sc Ist SEM ON 4th DEC,2017  2. B.Sc IIIrd SEM on 6th DEC, 2017  3. B.Sc Vth SEM on 5th DEC,2017  4. M.Sc Ist SEM on 7-8th DEC, 2017. For Details Call DEAN/HOD.
  • HNBGU EXTERNAL PRACTICAL: 1. M.Sc Geology Ist SEM on 12th DEC,2017  2. B.Sc Geology Vth SEM on 13th DEC,2017  3. M.Sc Chemistry Ist SEM on 9th DEC 2017. For Details Call DEAN/HOD.
  • STUDENTS TO NOTE: 1. Classes remain suspended on 2 DEC, 2017 in lieu of Eid-Milad-Un-Nabi.  2. Make-up Examinations shall be from 4 DEC, 2017.
  • Students willing to do Diploma Program of AUTO-CAD must call immediately to Department Incharge-7456000107.
  • HNBGU External Practical Examination of Geology has been fixed on following dates: 1.B.SC (I-SEM) ON 5 DEC, 2017, 2.B.SC (III-SEM) ON 7 DEC, 2017. For details call DEAN/HOD.
  • SDSUU enrolled students to note that online Exam portal is open till 25 NOV, 2017. Late fee after University last date. For details meet HOD immediately.
  • For final year students-A placement drive/skill development program from 21st-25th NOV 2017 from 2:00 pm in Auditorium.
  • Students to note that Add-On Diploma Certification Courses shall be started from 21st NOV, 2017. Compulsory to attend.
  • Gate No. 1 & 3 shall be open for Entry & Exit. Gate No. 2 shall be only used for vehicles. High noise vehicles/pillion riders shall be barred from Entry 21st NOV, 2017 onwards.
  • BFIT is proud to host HNBGU 43rd ATHLETIC MEET, held from 1st-13th NOV at Maharana Pratap Sports Stadium, Raipur.
  • BFIT creates history – once again BFIT has become champion in HNBGU 43rd Athletics Meet.

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