MBA Vs. M. Com: Which is Better?

About MBA Vs M. Com Courses

After completing the B. Com degree course, the two most common choices students have are to either pursue an MBA or an M. Com. Now, both methods have their advantages and rather than going for which one is popular, students should know what they want from their postgraduate education and choose accordingly.

The MBA and M. Com are exceptional courses and can lead to some promising careers. Both postgraduate courses are worth considering if you want to continue studying after your B. Com. In the following blog, there’s a detailed comparison between both systems that will help you decide which one is the course for you.

What is an MBA All About?

The MBA degree course is a 2-year masters course in business administration. This course makes you eligible to work in a managerial position in the industry of your choice. It is one of the most popular postgraduate courses in the country. One of the biggest reasons why students choose an MBA is because students get to learn about all the aspects involved in running a business.

To know more about the MBA degree course, you can check out the All You Need to Know About the MBA blog.

What is an M. Com All About?

The MBA degree course is a 2-year master’s course in business administration. This course makes you eligible to work in a managerial position in the industry of your choice. It is one of the most popular postgraduate courses in the country. One of the biggest reasons why students choose an MBA is because students get to learn about all the aspects involved in running a business.

To learn more about the MBA degree course, you can check out the All You Need to Know About the MBA blog.

MBA Vs M. Com: Reasons to Pursue

Wondering whether to pursue MBA or M. Com? While both are excellent choices, there are some key factors to consider before making your decision. 

Top Reasons to Pursue an MBA Degree

1. Gain holistic management skills: An MBA provides a versatile skill set, including leadership, communication, problem-solving, etc., that is useful across industries.

2. Higher career growth prospects: MBA opens doors to top/mid-level management roles with higher salaries over time.  

3. Specialization options: An MBA allows specializing in a functional area like marketing, finance, etc., helping you target your career goals.

4. Global exposure: Renowned B-schools provide international immersion opportunities like exchange programs.

5. Entrepreneurial skills: MBA equips you with skills to set up and manage your business venture successfully.

6. Future opportunities: MBA is a stepping stone to pursue advanced degrees like MBA/PhD from top global institutions.

Top Reasons to Pursue an M. Com Degree

1. In-depth financial knowledge: M. Com develops expertise in subjects like Accounting, Taxation, Costing etc. 

2. Analytical skills: Courses help sharpen quantitative and analytical abilities functional for research/data analysis.

3. Career in finance functions: Prepares for roles like Accountant, Tax Consultant, and Cost Accountant across sectors. 

4. Teaching/Research options: M. Com allows pursuing PhD and a career in academia as Professor/Lecturer.

5. Government job eligibility: Qualifies for state and national level exams for accounts/finance jobs in the public sector.6. Entrepreneurial scope: Can start CA practice, startups in accounting/taxation or financial advisory domains.

MBA Vs M Com Course Highlights

The following highlight of MBA vs M. Com will help you make a quick comparison of both the degree and the similarities and the differentiating factors.

MBA Vs M Com: A Detailed Overview of the Difference Between MBA and M. Com

Knowing about the differentiating factors will help you get a clearer picture regarding MBA vs M. Com. The following aspects of both degrees have some significant differences that will help you decide which is the right course for you.

So, here is a detailed overview of the difference between an MBA and an M. Com:

1. MBA Vs M Com: Specializations

MBA specialisations – During the MBA course, you will have to choose from specialisations like Marketing, Finance, Human Resources Management, Operations Management, Business Analytics, Logistics and Supply Chain, and International Business. All these specialisations relate to different areas of a business. You make a career in the specialisation you choose.

Com specialisations – The M. Com degree course has disciplines like Taxation, Economics, Accounting, Mathematics, Statistics, Banking and finance, Computer Application, Marketing, Business Management, and Finance and control. The specialisation you choose will become your career path.

2. MBA Vs M Com: Course Curriculum

The curriculum is different for different specialisations, but for the sake of reference, the following subjects are what a typical curriculum for both degrees would look like.

Here is what the MBA vs M. Com course curriculum looks like:

MBA Curriculum

• Finance
• Marketing
• Economic Statistics
• Operations
• Organisational Behaviour
• Accounting
• Business Ethics
• Entrepreneurship

M. Com Curriculum

• Organisation Theory & Behaviour
• Financial Management & Policy
• Statistical Analysis
• Economic Analysis
• International Business
• Human Resource Management
• Marketing Management
• Strategic Management
• Business Environment
• Quantitative Techniques for Business Decisions
• Managerial Accounting
• Accounting Theory & Practice

3. MBA Vs M Com: Career Scope

The biggest factor students have to consider before choosing any degree course is the career scope. Some degrees have less capacity than others, and you should know this before you decide.

Here is the comparison of MBA vs M. Com career scope:

Career Options After MBA

The MBA degree brings you excellent career scope. MBA graduates are sought-after professionals and are high on the list of recruiters. During the course, along with expert knowledge on all subjects related to business, you also go through a lot of personal developments and are equipped with many soft skills and tech skills. You are given all the tools to succeed in your career. You can even chart your path, start your own business, and become an entrepreneur.

Career Options after M. Com

Com graduates get some of the best jobs in the industry. The subjects in this degree will make you a commerce expert, and right now, the country’s commerce industry is booming. If you choose to do an M. Com, you will be able to find a job that gets you a decent salary and benefits package.

4. MBA Vs M Com: Average Salary Range

Salary is an essential factor, if not the most critical factor, to consider while choosing a degree course and career. Therefore, you should carefully consider the following salary ranges.

Here are the prevalent average salary ranges for MBA and M. Com graduates:

MBA Salary Range

• Entry-Level – INR 2 lakhs
• Mid-Level – INR 7.6 lakhs
• Top-Level – INR 10 lakhs

M. Com Salary Range

• Entry-Level – INR 1.3 lakhs
• Mid-Level – INR 3.7 lakhs
• Top-Level – INR 10 lakhs

The given figures are average starting figures. Many other factors affect the salary, like the college you do your degree course from, the company you get a job in, and the economic condition of the country.

5. MBA Vs M Com: Technical Skill Set

Today, all degrees require you to have some technical skills that will come into play during your education and later on in your career. Therefore, you need to assess if your technical skills match the degrees.

Here is the technical skill set required in MBA and M. Com:

MBA Technical Skill Set

• Should be proficient in using computers.
• Should be able to use the latest analytics software.
• Should have a working knowledge of the latest emerging technologies.
• Should understand the technical operations of a manufacturing business.

M. Com Technical Skill Set

• Should be proficient in using computers.
• Should be able to use accounting, taxation, and finance software.
• Should be able to use statistical and analytics software.

6. MBA Vs M Com: Personal Skill Set

Personal skills are helpful in all parts of your life, more so in your education. These skills will help you do well. You also get to develop them further.

Here is the personal skill set you need for an MBA and M Com:

MBA Personal Skill Set

• Communication skills
• Leadership skills
• Teamwork skills
• Problem-solving skills
• Interpersonal skills

M. Com Personal Skill Set

• Mathematical skills
• Analytical skills
• Organisational skills
• Communication skills
• Teamwork skills

7. MBA Vs M Com: Scope of Job

The MBA degree is going to get you administrative and managerial jobs in the industry you have specialised in. You start at a top position, and even if you don’t, you will get promotions faster because of your degree. Recruiters actively look for MBA graduates. The Indian business industry is going through a change where educated professionals are getting their due importance, and an MBA graduate is right at the top of the list of educated professionals.

The M. Com degree is excellent if you want to get into good clerical jobs in any industry. Remember, you will be in a position where you have to execute all the most critical tasks in an organisation. You will be one of the many gears that keep the company machine moving forward. These vital jobs are in every industry. Therefore, you can make a sound, cushy career in banking, insurance, research, and teaching. With this degree, finding these jobs will be easy.

8. MBA Vs M Com: Nature of Job

Knowing the nature of the job will let you know what you should expect in the course and the positions after the procedure. This further helps you decide what to choose.

Here is the nature of jobs related to MBA and M. Com:

MBA jobs can be a mix of desk work and fieldwork. Since this degree leads to high-level jobs, there are a lot of responsibilities that come with the job. There will be a time when you will be meeting clients, selling products and services, and taking an active part in the operation. But there will also be times when you will be conducting research, doing analysis, making presentations, and interacting with the management. You go through a lot in a management-related job.

Most M. Com graduates end up in desk jobs that rarely have any field work. But what they do is essential to the department and company they are working in. The ones working in accounting, taxation, and finance will have crucial responsibilities. There are also some professions like teacher, professor, and lecturer where you will have to lead a pretty active. But most of the jobs for M Com graduates are not high-pressure jobs, and one makes a promising career.

9. MBA Vs M Com: Jobs

One of the primary factors influencing your career choice is the job opportunities after completing your postgraduate degree. Both the MBA and M. Com programs open up lucrative career paths with competitive salaries. 

Some typical job roles for MBA graduates include:

1. Business Analyst – Rs. 4-6 Lakhs 
2. Product Manager – Rs. 6-10 Lakhs
3. Marketing Manager – Rs. 6-12 Lakhs
4. Operations Manager – Rs. 6-12 Lakhs  
5. HR Manager – Rs. 6-12 Lakhs
6. Finance Manager – Rs. 8-14 Lakhs
7. CEO/Business Head – Rs. 12 Lakhs – Unlimited

Jobs available after M. Com include: 

1. Accountant – Rs. 3-6 Lakhs
2. Tax Consultant – Rs. 4-8 Lakhs  
3. Cost Accountant – Rs. 4-8 Lakhs
4. Finance Analyst – Rs. 4-10 Lakhs
5. Banking Professional – Rs. 4-12 Lakhs
6. Auditor – Rs. 4-10 Lakhs
7. Finance Manager – Rs. 8-14 Lakhs

10. MBA Vs M Com: Future Courses

Both MBA and M. Com open up possibilities for further education to enhance your qualifications. Some advanced courses that can be pursued include:

For MBA graduates:

• Executive MBA 
• PhD in Management  
• Foreign MBA
• Specialized Master’s programs

For M. Com graduates: 

• CA/CS 
• CFA
• MPhil/PhD in Commerce
• Specialized Master’s in Finance/Taxation

MBA Or M Com: Which Is Better?

Both courses are unique and serve specific purposes. But the following comparison will make it clear which is the better choice. These parameters are essential and will affect your final decision.

1. Cost – Compared to an MBA, an M. Com is a lot more affordable. If you want to do an MBA, you need to have good financial planning.

2. International Value – The MBA degree has international value and can get you a job overseas. However, an M. Com degree does not have global significance.

3. Value for Money – Though the M. Com is inexpensive compared to the MBA, the MBA has more value for money as you will get a high-paying job right from the start.

MBA is the Clear Winner

The MBA degree course is the better choice as it is the best way to have a great career and keep moving ahead. In a growing country like India, many industries are looking for management professionals who can be at the helm during this growth phase and bring in many developments and innovations.

The MBA program at ASM IBMR is one of the best in the country. It will get you the finest education and a high-profile career in one of the top companies in the country. So, enquire today. Please fill out the form on the website, and their representative will contact you with all the required information.