MCom (Master of Commerce) Full Form, Course, Distance Education, Colleges, Syllabus, Jobs, Scope 2020-2021

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Sakshi Gupta

Content Curator | Updated on - Oct 1, 2021

MCom, or Master of Commerce, is a postgraduate course in the field of commerce that is particularly aimed for students who want to become an expert in different fields of banking and finance. 

This course is of 2 years duration and is highly regarded and very well received in the industry. The course provides quality education to the students serving the needs of managerial cadre in business and industry. It also serves the purpose of research and teaching in business studies.

MCom can only be pursued by graduate students from commerce background (BCom, BCom Hons) with a minimum of 50% aggregate secured at graduation level. This is the basic MCom eligibility that is followed in almost all the colleges and universities. 

ALERT: The registration process for Delhi University (DU) Admissions has been put on hold until further notice due to the COVID 19 crisis.

The admission process is purely based on Entrance Exams, which also consider the Bachelor’s degree marks.

The course improves logical reasoning, analytical skills, communication skills, mathematical and statistical knowledge, business management skills, teaching and research skills. Therefore, candidates who are interested in becoming teachers, lecturers, professors and pursue higher education (PhD) usually go for this course. 

Key Points of MCom

  • Duration: 2 years (Full Time & Part Time)
  • Minimum Eligibility: Bachelor's degree (Commonly BCom) in a related field with a minimum of 50%.
  • Admission Process: University level entrance exam and marks scored at graduation level. The admission process usually starts in the month of May-June every year.
  • Top MCom Entrance Exams: Delhi University MCom Exam, BHU PET, Allahabad University PGAT, PU CET, CUCET, JUET, SKUCET, and other relevant entrance exams.
  • Top Universities: Delhi University, Banaras Hindu University, Allahabad University, Christ University, Mumbai University, Osmania University, NMIMS, University of Calcutta, Punjab University, and others.
  • Distance Education/Correspondence/Online: Yes. 
  • Distance Education Colleges: IGNOU, SOL Delhi University, IDOL Mumbai University, Lovely Professional University (LPU), Madurai Kamaraj University, Pondicherry University, University of Mumbai, Karnataka State Open University, Mahatma Gandhi University, etc.
  • Specializations Offered: MCom Accountancy, MCom Business Management, MCom Banking & Finance, MCom Accounting & Finance, MCom Finance, MCom E-Commerce, MCom Marketing, and others.
  • Popular Courses after MCom: CA, CFA, CMA, ACCA, CFP, PhD, MBA, PGDM, PGPM, etc.

The average total course fee of MCom can be around INR 60,000, and can be up to INR 1,50,000 in private colleges such as Amity University, Lovely Professional University, etc.

The average starting salary can be around INR 5 LPA across private and government sectors of banking, accounting, finance and insurance.

Average MCom Fees

India Today has made a list showing the best commerce colleges in India offering MCom courses. The table below shows some of the best MCom colleges in India:

India Today 2019 Ranking College Name Admission Process Average Fees Average Salary
1 SRCC, Delhi Entrance Exam INR 59,000 INR 9,00,000
2 Hindu College, Delhi Entrance Exam INR 30,000 INR 5,00,000
5 Christ University, Bangalore Merit + Entrance Exam INR 1,36,000 INR 6,00,00
9 St. Joseph’s College of Commerce, Bangalore Entrance Exam INR 1,54,000 INR 6,00,000
10 Mithibai College of Arts, Mumbai Entrance Exam INR 25,000 INR 6,00,000
Top MCom Universities in India

Other than going into teaching and research, MCom offers a plethora of job opportunities such as Accountant, Financial Consultant, Tax Consultant, Insurance manager, Bank Manager, Investment Banker, and many more.

The most common option after MCom in India is to go for Chartered Accountancy (CA) apart from other national and internally acclaimed certification courses in the field of banking, finance, insurance, economics and management. 

MCom Admission Process

MCom Admission Process

  • To take admission in the Master of Commerce course, students are required to give an entrance examination which is usually MCQ based, testing students’ knowledge and background in commerce.
  • Top MCom Universities such as Delhi University, Banaras Hindu University, Christ University, etc. conduct a national level examination for admission into their PG courses. 
  • Hence, to take admission in MCom course, students are required to apply for the exam, and on the basis of its performance, students are given admissions or succeeded to the next round of admission process, i.e., Counselling or Group Discussion and/or Personal Interview.
  • A merit list is released on the basis of which students are given admissions.

In case you are applying in an institute that gives merit based admission like in many private universities such as Amity, LPU, Chandigarh University, etc., then you just need to simply visit the institute’s website and fill up the online application form or visit the college and fill-up the form offline. 

The online application process is as follows:

Step 1: Visit the website and register yourself and login to your account.

Step 2: Read the instructions carefully and fill up the application form.

Step 3: Upload the required documents.

Step 4: Check the application form before submitting it.

Step 5: Make the final payment of the application fee.

MCom Eligibility

The basic eligibility criteria to pursue this course is as follows:

  • Students need to secure a minimum of 50% aggregate in BCom or BCom Hons or equivalent from a recognized university.
  • Some universities also consider students who have completed Bachelor’s degree in Economics & Statistics, BFIA, BBS and BBE with a minimum aggregate score of 60% or equivalent from a recognized university.
  • Students belonging to Reserved category are entitled to marks relaxation of up to 5% in government universities.

MCom Entrance Exams

Following are the top entrance exams considered for MCom admissions in India:

  • BHU PET:

The exam is a university level national examination that is conducted by Banaras Hindu University (BHU) for admission into PG courses, including MCom. Every year thousands of students appear for this exam across several exam centres in India in the hope to get admission in this reputed and highly acclaimed university.

  • Delhi University MCom Entrance Exam:

This exam is conducted by Delhi University every year to admit the deserving candidates into its many colleges offering MCom courses. A merit list is released mentioning all the affiliated colleges’ cut off and basis on the student’s performance, he/she is granted admission into the college whose cut off is cleared.

  • PU CET (PG):

PU CET is a state level entrance exam conducted by Panjab University, Chandigarh for candidates seeking admission to its various PG courses and programs in different fields such as science, commerce, management, etc. Every year this offline exam is conducted in the month of May and June.

  • Allahabad University PGAT:

It is a state level entrance exam conducted by University of Allahabad each year to allow students to take admission to its different PG level courses. The mode of exam is usually in an offline mode whose application process starts in the month of March-April every year.

  • CUCET:

This is a national level examination regularly jointly by ten central universities. Conducted by Central University of Rajasthan (CURAJ) in the month April-May every year, this offline exam offers admission into various UG, PG, Diploma & PhD programmes of the participating universities and colleges. 

  • AUCET:

It is a state level entrance exam conducted by Andhra University, Visakhapatnam offering admission in only PG courses. The affiliated colleges are Dr BR Ambedkar University, Srikakulam, along with Andhra University. This offline mode exam is usually conducted in the month of May-June every year.


It is SRM Common Admission Test conducted by SRM University for providing admissions in management, engineering and commerce courses of UG & PG level. It is an aptitude based MCQ test of 150 minutes, hence the syllabus is the same for all the courses.

MCom Entrance Exams Important Dates 2020:

Exam Name Exam Mode Application Period Exam Date Result Declaration
Delhi University Entrance Exam Online/Offline April-May, 2020 May 2020 June-July 2020
BHU PET 2020 Offline January 30-March 21, 2020 May 10, 2020 June 15-20, 2020
CUCET 2020 Offline March 16-May 23, 2020 To be Declared To be Declared
PUCET PG 2020 Offline April 24-May 20, 2020 June 13-14, 2020 July 3, 2020
AUCET 2020 Offline Third week of May-Third week of June, 2020 July 2020 Last week of July 2020

How to prepare for the MCom Entrance Exams?

Most of the entrance examinations have objective type questions and are completely Aptitude Based exams. The MCom entrance test basically cover the following 4 sections:

  • Logical Reasoning
  • General Knowledge
  • English
  • Quantitative Aptitude

Some exams also include graduation related questions in the paper format. The entrance exam is generally of maximum 100-200 marks. It varies from test to test.

After the entrance exams you will be screened in the group discussion and personal interview session (or counselling). If you are able to clear off all the required rounds, then a merit list will be released by the college or university based on which you shall be provided an admission.

Few steps are mentioned below which you should keep in mind while preparing for MCom Exams:

  • Prepare separate notes for each subject such as Accountancy, Taxation, Insurance, Banking, etc.
  • Keep yourself updated to the current affairs for the general awareness section.
  • Practice from sample papers and if you can get a hand of previous years exam papers, then it will be beneficial to you.
  • Give at least 4-6 Mock Tests to get comfortable with the type of questions you are going to face in the exam.
  • For Aptitude based tests, your logical reasoning and quantitative ability should be strong. 
  • Self-study is the most important factor in the preparation, so just stay focussed and attempt well.

How to get MCom Admission in Delhi University (DU)?

  • The admission is usually done through entrance exams.
  • There are many commerce colleges in Delhi University that release their cut off for MCom admission, and based on the performance in the entrance exam, and the scores obtained at graduation level are considered for admission.
  • There may be counselling session where you shall be allowed to apply for the colleges whose cutoff you have passed.

How to get MCom Admission in Banaras Hindu University (BHU)?

  • The admissions in this university is totally based on the performance in BHU PET 2020.
  • After the result declaration, a meri list of all the qualified candidates are released and they are notified for the counselling session.
  • The Cut Off marks will be displayed on the official portal, which is based on the minimum qualifying marks announced for each course. Closing rank for each course will be determined from the released cut off list. Category wise cut off will also be published for reserved category students.
  • The counselling is usually held in three steps: Online Preference Entry, Activity on the day of Counselling and Activity on the Next day of Counselling Date.
  • Candidates will be selected through merit listing. After the Cut Off and Merit List is declared, selected applicants will be able to download the ‘Call letter’. Online Preference Entry should be submitted where the candidate can select their choice course, location and seat type.
  • After all the entries, candidates will be called for the Document verification process and Payment of Admission Fee of the college.

How to get MCom Admission in Private Universities?

  • Many top private universities such as Amity University, LPU, SRM University, KIIT, etc. ar considered to be the best institutes for MCom programs.
  • Most of these colleges take admission on the basis of marks obtained in graduation level, followed by Group Discussion and/or Personal Interview session.
  • But many of them also conduct university level Aptitude Based entrance examinations to allow deserving candidates to go forward with the admission process.
  • Other than this, each private university has their own admission criteria which should be checked before applying for the course in that college.
  • A minimum of 50-60% or equivalent is the minimum eligibility in almost all the private universities.
MCom: What is it About?

MCom: What is it About?

  • Master of Commerce is a professional degree that enables you to grow in the corporate and finance sectors of the industry. It generally covers the study of macro-economics, accounting, business principles and alike. The course is usually divided into 4 semesters.
  • The program is mainly aimed for students who are genuinely interested in teaching and research in the field of commerce, providing them a platform to increase their knowledge and qualification to be able to pursue PhD or any other relevant research degree after the course completion.
  • MCom graduates have job opportunities in almost every sector of the economy. Some of the top recruiters of MCom graduates are Capgemini, Dell, Infosys and others. Moreover, there is no age bar to pursue MCom degree.
  • MCom qualification allows you to appear for competitive exams like civil services exam or exam related to finance and accounting requirements like income tax, CAG or excise departments.

MCom: Course Highlights

Course Level Post Graduate
Full-Form Master of Commerce
Duration 2 years
Examination type Semester Based Examinations
Eligibility 45-50% in graduation from a commerce stream
Admission Process Merit-based/ Entrance-based
Course Fee INR 60,000-1,20,000
Average Salary INR 4-6 LPA
Top Recruiting Companies Accenture, E&Y, Genpact, Tech Mahindra Ltd., HDFC Bank, WNS Global services and others
Job Positions Accountant, Tax Consultant, Bank PO, Accountant, Event Manager, Lecturer, Chartered Accountant, and Human Resource Development, etc.
Why study MCom?

Why study MCom?

There are ample reasons to pursue MCom. Some of them are mentioned below:

  • After your MCom completion, you will get exposed to higher paid private and government jobs.
  • You get the opportunity to experience the field related to research, teaching and others.
  • It’s a professional job oriented post graduate degree allowing students to increase their skills, knowledge and ability in all or one of the many fields of commerce such as Finance, Finance Management, Corporate Finance, Accounting, Banking, Insurance, Income Tax, etc.

Course Comparison

  • MCom Vs MBA:

MCom (Master of Commerce) and MBA (Master of Business Administration) are two separate courses that have their own benefits. It totally depends on your qualification background and area of interest to select one of this course. 

Some of the key differences of these courses are mentioned below:

Parameters MCom MBA
Overview MCom is a master’s degree focusing on accounting, commerce and economics related subjects, particularly aimed for students who are interested in research and teaching. MBA is a course that focuses on the study related to the business environment and management system, involving many specializations such as marketing, finance, logistics, etc.
Full Form Master of Commerce Master of Business Administration
Suitability Suitable for those who wish to make a career in the field of teaching and research and want to pursue higher education. It also offers many jobs in the accounts and commerce industry. Suitable for those who are looking into making their career in the business making field and management field suitable with managerial and leadership positions.
Focus Area This course mainly focuses on academic and theoretical approach. This course is more of a professional job oriented course.
Average Total Fee INR 60,000 INR 10,00,000
Average Salary INR 5,00,000 INR 8,00,000
MCom vs MBA_ Fees & Salary

Source: College Websites

MCom Specializations

MCom Specializations

MCom offers you a number of specialisations in the commerce field. This course covers a wide range of research and study. Few of these MCom Specialisations are discussed below:

  • MCom Computer Applications:

Computer applications give you both theoretical knowledge and practical exposure to the computer applications world. This zone is more concerned with the software designed to help users to get easy accessibility of applications. MCom Computer Applications can be pursued form colleges such as NIMS University, Annamalai University, Kakatiya University, etc.

Average Fees INR 40,000
Average Salary INR 5,00,000
Top MCom Computer Applications Colleges in India 2020
  • MCom Accounting and Finance:

MCom Accounting and Finance is the course that focuses more on the accounting sector & Finances of the economy. It provides you with the detailed study of accounting principles and other finance related subjects. Mount Carmel College, NIMS University, etc, offer this MCom course that offers great career opportunities in the accounting field and alike.

Average Fees INR 1,00,000
Average Salary INR 4,00,000
Top MCom Accounting Colleges in India 2020
  • MCom Taxation:

MCom Taxation course guides you on taxation problems, tax related literature, tax reviews and others. After this course completion you can get into jobs like financial analyst, tax collectors, business analyst and alike.

Average Fees INR 1,20,000
Average Salary INR 6,00,000
Top MCom Taxation Colleges in India 2020
  • MCom Finance:

MCom Finance deals with the financial issues of the organization like budgeting and other finance related issues. It covers subjects such as Financial Accounting and Packages, Banking & Technology, Insurance and Risk Management, Portfolio Management, etc.

Average Fees INR 2,00,000
Average Salary INR 5,00,000
Top MCom Finance Colleges in India 2020
  • MCom Human Resource Management

This specialization deals with the study of human resource development and the key areas related to the topic regarding human resource behaviour in an organization.

Average Fees INR 30,000
Average Salary INR 4,00,000
  • MCom Marketing:

Marketing is widely pursued and used in the field of business and management. MCom Marketing usually involves a practical based project and provides all the technical knowledge and skills needed for marketing in the field of commerce and finance.

Average Fees INR 80,000
Average Salary INR 6,00,000
Top MCom Marketing Colleges in India 2020
Top MCom Specializations

Source: College Websites & Payscale

MCom Top Colleges

MCom Top Colleges

The following are the top colleges that are famous and considered the best for studying MCom course in India as per the NIRF 2019 Ranking:

NIRF Rank  College Name Admission Mode Average Annual Fees  Average Placement Package
2 Hindu College, New Delhi Merit Based or Entrance Exam  INR 30,000 INR 5 LPA
3 Presidency College, Kolkata Merit Based INR 1700 INR 3.5 LPA
6 Loyola College, Chennai Merit Based INR 20,000 INR 5 LPA
7 Shri Ram College of Commerce (SRCC), New Delhi Merit Based or Entrance Exam INR 60,000 INR 9.48 LPA
9 Hansraj College, New Delhi Merit Based or Entrance Exam INR 35,000 INR 5.5 LPA
13 Madras Christian College, Chennai Merit Based INR 30,000 INR 3 LPA
39 St. Joseph’s College, Bangalore Merit Based INR 1,50,000 INR 3 LPA
58 Stella Maris College for Women, Chennai Merit Based IN 40,000 INR 4 LPA
87 Sri Guru Gobind Singh College of Commerce, New Delhi Merit Based/ Entrance Exam based INR 30,000 INR 6 LPA
Find the Best MCom Colleges in India 2020

MCom College Comparison

The table below shows a significant comparison of some of the best colleges considered for MCom course:

Parameters Hindu College, New Delhi Presidency College, Chennai Loyola College, Chennai
Overview It’s one of the oldest and prestigious colleges of delhi university offering UG and PG courses in all streams. It is one of the best universities in the world with the bestest teaching methodology and education environment. Loyola college is the institute affiliated to the university of madras. It is also famous for health care law and a medical school.
NIRF- Ranking 2 3 6
Average Fee INR 44,000 INR 1700 INR 20,000
Average Placement Package INR 5 LPA INR 3.5 LPA INR 5 LPA
ROI Rank 3 1 2
Top companies participate in placement drives KPMG, DE Shaw, Maruti, Jaypee, deloitte, google and others. HDFC Bank, TATA AIG, Federal Bank. Mind tree, reliance etc E&Y, Zoho corps, well fargo, Wipro, TCS, IBM, Amazon and others.
Top MCom Colleges in India

Source: College Websites

MCom Distance Education

MCom Distance Education

One of the best things about MCom is that students have the option to pursue it through correspondence or through distance learning. 

Some of the top MCom Distance Education Universities/Colleges are:

Name Location Average Fees
IGNOU New Delhi INR 7000
SRM University (Distance Education) Chennai INR 16,000
IDOL Mumbai University Mumbai INR 12,000
SOL Delhi University New Delhi INR 10,000
LPU Distance Education Jalandhar INR 38,000
Mahatma Gandhi University, School of Distance Education Kottayam INR 5000
Annamalai University Distance Education Annamalai INR 7000
Karnataka State Open University (KSOU) Mysore INR 13,500

Admission in these universities is usually based on the scores obtained at graduation level in their Bachelor’s degree (BCom or similar).

  • The Bachelor’s score should be a minimum of 40% to be able to apply for an MCom course in one of these colleges.
  • Applications are mostly online, but colleges also have the option to apply in an offline mode with the submission of all necessary documents such as marksheets, scores, degree certificates, etc.
Top MCom Distance Education Universities

Source: Official College Websites

MCom Syllabus

MCom Syllabus

There are a number of subjects that are offered in the MCom course, however, during the first year of the program, the same set of MCom subjects are taught to the students in all the course specializations. In the second year, students opting for specialization have to choose a set of elective subjects that are offered in the Master of Commerce course.

MCom syllabus and course curriculum of the majority of the colleges in the country is almost the same with a little bit of variation. 

Both the common compulsory and elective MCom subjects are listed below:

MCom Compulsory Subjects
Accounting and Managerial Decisions Business Environment
Computer Applications in Business Corporate Financial Accounting
Corporate Legal Environment Corporate Tax Planning
E-Commerce Economics of Global Trade and Finance
Financial Management Management Concepts and Organization Behaviour
Managerial Economics Marketing Behaviour
Statistical Analysis Strategic Management

The following table shows some of the common elective subjects and courses in Master of Commerce. These subjects are generally offered to students in the later semesters.

MCom Elective Subjects
Banking and Finance Entrepreneurial Management
Commercial Bank Management Financial Bank Management
Financial Markets Human Resource Management
International Finance Investment Management
Research Methodology in Commerce Income Tax

Click on MCom Syllabus to know the full course list. 

MCom Course Books

The following table shows MCom course books list that helps students to perform well in the semester end examinations:

Name of the Book Name of the Author
Principles of Accounting Dixon Cooper, Mitchell Franklin, and Patty Graybeal
Business Taxation Radhakrishnan P
Financial Accounting R. Narayanaswamy
Cost Accounting  M.P Gupta
Financial Management I.M. Pandey
MCom Jobs & Career

MCom Jobs & Career

After being awarded the MCom degree, candidates can either look for jobs in various departments or opt for certification courses such as CA, CFA, CMA, ACCA, etc. 

  • The areas in the private sector that are open to a MCom graduate include Accounting, Consumer durable industry, Telecom industry, Banking, and Insurance Industry, Automobile industry, BPO industry, Media industry, Retail industry and a lot more.
  • MCom course graduates may start as a Sales Officer, Accounts Manager, Finance Manager, Company Law Assistant, Cost Accountant, Financial Advisor, Financial Consultant, Tax Consultant, etc. 

Students have a plethora of job opportunities in government as well as private sectors to choose from provided that they are not limited to careers in accounts, finance and banking.

Some of the prominent MCom Jobs available to the postgraduates are:

Job Profile Job Description Average Package
Account Assistant This includes maintaining ledgers, assisting customers, preparing and distributing checks, and basic bookkeeping work. INR 2.20 LPA
Cost Accountant They usually perform routine analyses to help determine the type of operations and materials that are most cost effective for the office or their organization. INR 5.16 LPA
Business Consultant Their role is to analyze the market, product lines and the overall profitability of the business. INR 9.86 LPA
Investment Banker They basically help their clients to raise money in the capital market by issuing debt or selling their equity in the companies. INR 9.4 LPA
Marketing Manager They are responsible for developing, implementing and executing the marketing plans of the organization. INR 7.17 LPA
Operations Manager They deal with the hiring procedures, setting up of targets, team management and alike. INR 7.8 LPA
Finance Consultant They help their clients in meeting their short and long term goals by advising them on tax planning, investment and retirement planning and others. INR 3.6 LPA
Stock Broker Stock Brokers usually deals with stocks and performs financial services for the company INR 3.50 LPA
Assistant Professor They are usually employed in institutes and colleges and teach the younger generations everything about commerce and conduct research at the same time. As per Govt. Standards

Source: Payscale

MCom Salary Trend Graph:

MCom Jobs & Salary
MCom Scope

MCom Scope

Commerce sector is ever increasing due to the digitalization of the world. Banking and Finance are the top employment areas for students after an MCom degree. Majority of students are preparing for CA (Chartered Accountancy), CMA (Certified Management Accountant) and other highly acclaimed national and international certification courses in the field of finance and accounting.

Courses after MCom

Following are the list of courses that are usually pursued after MCom:

  • Doctor of Philosophy (PhD): 

PhD is the highest degree that one can pursue after completing a master degree course. Hence, after MCom, students can pursue this research based degree which can take upto 3-5 years to complete. Admission is based on entrance exams such as NET and other equivalent national level or university level examinations. This is considered a best option for students who are interested in lectureship and fellowship.

In the field of commerce, students can opt for one of the following PhD degrees:

  • Management Courses:

As we all know, management is one field that requires top industry professionals and managers to excel. There are many management courses that are available at master level. Admission is based on entrance exams such as CAT, MAT, XAT, GMAT, GRE, CMAT and other management entrance exams

They provide a plethora of job opportunities and better career prospects in different high paying fields such as management, finance, international business, business analytics, supply chain, logistics, healthcare management, and many more. 

Following are the top master level or higher management courses that MCom students are eligible to pursue to enter the demanding field of management:

MBA (Master of Business Administration) PGDM (Post Graduate Diploma in Management)
PGPM (Post Graduate Program in Management) Executive Fellow Program in Management
  • Bachelor of Law (LLB):

It is the only recognized law degree that should be used only if you want to become a legal expert or enter the field of legal studies and management. LLB is of 3 years and offers great career prospects such as Lawyer, Advocate, Legal Expert, Corporate Lawyer, Legal Consultant, Government Lawyer, etc. The salary in the law fields increases with experience and knowledge.

The following list shows the top certification courses that students can puruse after MCom to have a great career in the field of accountancy, finance, and economics, both in India and Abroad:

  • Chartered Accountancy (CA)

CA is highly pursued by most of the Indian students from commerce background because of the financial stability, career respect and higher paying job options. The average salary range of a CA is around INR 7-20 LPA in India according to Payscale.

  • Certified Management Accountant (CMA)

If you are highly interested in working globally in the account management field, then opting this course is the best option. CMA is offered by the Institute of Management Accountants (IMA), USA and offers a great deal of career prospects. The Average Salary after this course is around INR 5-20 LPA in India, and upto INR 30 LPA in the US.

  • Chartered Financial Analyst (CFA)

CFA is one of the most respected and difficult courses to qualify. It is one of the best certification courses out there in the world, providing and regulating higher standards of education in the field of finance. Students are required to qualify three levels of examinations in order to officially work as a CFA. The average salary of around INR 4-25 LPA can be expected after this course in India.

  • Certified Financial Planner (CFP)

CFP is again one of the highly pursued courses after BCom honors to officially work as a Financial Consultant in India. The certification provides an extra edge to the candidates and provides better compensation in the industry. The average salary can be around INR 4-15 LPA, and even more in some scenarios after relevant experience and successful client base, if you are working independently.

  • Public Accounting (CPA)

US certified Public Accountant is one of the highest certifications that you can earn in the US, that can help you to uplift your career globally in the field of accounting. The average salary can be around INR 7-20 LPA in India after qualifying this certification.

  • Financial Risk Manager (FRM)

If you are interested in risk management and its allied fields, then you should pursue FRM. It is a globally recognized certification for finance and banking professionals by Global Association of Risk Professionals (GARP, USA). The average salary can be around INR 10-17 LPA in India and even more in the US.

  • Association of Chartered Certified Accountants (ACCA)

ACCA is one of the fastest growing organizations that is particularly aimed for accountants in the world. After joining ACCA, students have great career prospects in India and all over the world, and there are opportunities to bag a salary of around INR 6-16 LPA, and above.

MCom: FAQs

MCom: FAQs

Ques. What are the types of MCom?

Ans. There are not many types of MCom degrees in India. It is usually based on the specializations or topics the college or university is providing.

The different types of MCom are:

  • Mcom Regular
  • MCom Financial Management
  • MCom Accounts and Finance
  • MCom Finance
  • MCom Computer Applications
  • MCom Business Management, etc.

Ques. What opportunities do I have after completing MCom? What is the scope of MCom in India?

Ans. After MCom, there are a number of opportunities for students in finance, economics,  business, e-commerce and in banks. These are the major areas of jobs employment after completing this master degree course.

If you aspire to go forward in your career, there are many courses after MCom that you can pursue like PhD, CA, CFA, CFM, CFP, ICW, LLB, and others. 

These courses will provide MCom students an extra edge that helps them to perform better in their career, and they have an opportunity to earn an average salary of around INR 6-12 LPA.

If you are interested in teaching, you can associate yourself with some coaching institute of classes and earn pretty well. If you want to get into lecturership then you can qualify NET exam and become a Professor in a distinguished college or institute, and earn around INR 4-10 LPA, and even more as per the government standards.

Ques. Which is better: MCom or MBA?

Ans. MCom is a master level degree in the field of commerce and MBA is a master level degree in the field of management. Both offer diverse career options and have their own advantages. 

  • MCom will offer you jobs in the finance and banking sector, and professionals can become an Accountant, Tax Consultant, CA, CFA, Financial Consultant, Business Consultant, etc. As mentioned above as well, there are many higher degrees and courses that students can pursue after post graduation.
  • MBA, on the other hand offers management level and leadership positions in various sectors that could be marketing, finance, international business, digital marketing, e-commerce, data & business analytics, etc. The average starting salary after MBA from a top B-School is around INR 12-20 LPA. The average fees to pursue MCom is a lot less than MBA. It can go upto INR 23 Lakhs to complete MBA from IIMs, SJIMER, NMIMS, etc. 

Students who are genuinely interested in the commerce field and want to achieve a higher position in accounting, banking or taxation, then MCom is the course that you want to pursue. But if you want to enter the field of corporate industry as a management professional and expert then MBA is the best study option for you.

Ques. Is it worth doing MCom correspondence from IGNOU?

Ans. IGNOU is a central university that offers many UG, PG and diploma and certification level courses to the students. The course curriculum of an MCom degree is quite comprehensive, hence it can be considered a good option if you are pursuing some other course like CA, CFA, CFP, CMA, or any other higher degree course, then it is wise to pursue MCom through correspondence or distance in IGNOU. The fee is less and it offers good curriculum and employment advice from the teachers and professors.

Ques. What is the criteria for MCom admission in SRCC?

Ans. SRCC is affiliated to Delhi University, which conducts admission through 2 ways: direct admission and through entrance exam. 

  • Direct Admission is granted on the basis of marks obtained in BCom course. It should be above 90%.
  • Entrance Exams are conducted yearly that offer MCom admissions, and based on the performance students will be granted admission in SRCC

Ques. What is the passing criteria for passing IGNOU MCom?

Ans. Following is the passing criteria for MCom IGNOU:

  • Theory Subjects: A minimum of 40% in total in all the theory subjects.
  • Assignments: A minimum of 50% in total in all the submitted assignments.
  • Final Marks: 70% of theory+ 30% of assignments, which should be a minimum of 40% of the total marks.

Ques. What are the best colleges for MCom?

Ans. Some of the best universities to pursue MCom degree are:

To know more, check Top MCom Colleges in India 2020.

Ques. Can I become a CA after doing an MCom?

Ans. Yes, of course! You can pursue CA after doing MCom. In fact, you can also pursue it side by side during MCom. There is no age bar to pursue CA, hence you can pursue it anytime. It will take a minimum of 3-5 years to complete CA.

Ques. Which is better, Master of Commerce or LLB?

Ans. Both these courses are different from each other and poles apart. LLB is a law degree which can be pursued after graduation to become a lawyer, advocate and get into legal services. MCom offers a higher degree of education and knowledge in different fields of commerce such as economics, finance, taxation, business management, etc.

So, it totally depends upon your interest, which master degree to choose. LLB offers greater career prospects than a simple MCom. MCom is beneficial if you are interested in higher studies and wants to go into lectureship or teaching in colleges or universities.

Ques. How many subjects are there in Master of Commerce 1st year?

Ans. Following are the subjects in MCom 1st year:
  • Organizational Behaviour
  • Human Resource Management
  • Managerial Economics
  • International Business
  • Micro Economics & Macro Economics
  • Statistics
  • Operational Research
  • Accounting Theory
  • Business Ethics and Corporate Governance
  • Marketing Management

Ques. What has been the highest placement package at Delhi School of Economics in MCom course?

Ans. Delhi School of Economics is highly known for commerce education in India. The highest placement package ever offered was of INR 28 LPA, and the average package is around INR 10-12 LPA.

Ques. What is the average placement in Banaras Hindu University after Master of Commerce?

Ans. BHU is considered a top university in India for education i n different streams. In terms of placement, they offer great opportunities and many companies come to recruit skillful students. The average salary is around INR 4-7 LPA in companies such as HDFC, ICICI, TCS, Infosys. All the students above the cgpa of 5.5 are eligible to sit for placements. The college is known for providing placements to around 90-97% of the students. The placement committee is not extremely impressive but due to the credibility of the college, many top companies visit the campus and recruit the deserving candidates. 

Ques. Is it true that BHU PET exam date is postponed due to COVID-19 crisis?

Ans. Yes, due to the coronavirus and lockdown extension in India, BHU PET exam, which was supposed to happen on April 26, 2020 has been postponed until further notice. Notifications will be sent to the applied candidates through mail and mobile messages.

Master of Commerce [M.Com] : 5 answered questions


Ques. Is the External Master of commerce from Saurashtra University recognized by ECA-WES for Canada or Australia?

● Top Answer By Aaditya Hari Nair on 01 Oct 21

Ans. The checklist of WES (World Education Services) is very strict and they give importance to the recognition of the institution more than the programs offered there.  Here are some of the things which will be checked when your documents will reach them. Validation of your institution Your institute must be present in authoritative sources such as on the website of the Ministry of Education or in the accrediting body of the country in question.  Because the non-university institutions are not generally included in major reference publications.  To get some information published by the education authorities of the country, one has to dig deeper to verify them. Recognition of institution There are certain laws and regulations by the government for the establishment of educational institutions.  It is essential for the institution to be familiar with all the rules and also follow them accordingly.  The government institutions are generally recognized but for the private institutions, it varies depending upon the country.  Education Chronology  The chronology of a student's educational background must be compatible with the age of that particular student.  For example, the student must have completed his/her high school before applying for an undergraduate program and should have completed his/her bachelor's before applying for a graduate program.  Hence, these are some of the points which will be checked thoroughly and if all these things are clear then the institute will be recognised by WES for Canada or Australia. Read more
1 Answer

Ques. What are the minimum marks required M.Com entrance to take admission in M.Com DU both for a regular and SOL?

● Top Answer By Aaditya Hari Nair on 29 Sept 21

Ans. For M.Com in DU, you can apply through two ways which are as follows – First, which is purely based on your scores in graduation degree or direct admission. Eligibility criteria for the same is mentioned below: 65% if you are from the B.Com (Honors) course. 70% if you are from the B.Com course. Have further bifurcations for the non-creamy layer. Second, which is purely based on the entrance. Eligibility: 50% for B. Com (Honors) 55% for B. Com (Pass) or B.Com (Degree) 50% for B.A. (Hons.) Economics 60% for B.B.S., B.B.A., B.I.F.A., and B.B.E. The eligibility is the same for both Regular and SOL. In SOL, the percentage of Cut-off is low as compared to regular, and the seat number is greater than regular. For further clarifications, you can take help from ‘Welcome to Department of Commerce M.Com.’ Read more
1 Answer

Ques. What is the Pedagogy of M.Com program at MIT-WPU?

● Top Answer By Asmita Khandelwal on 28 Aug 20

Ans. Pedagogy of M.Com program are: Student-centric, Group discussions on current topics, Developing case studies with local community and business, Guest lectures by industry experts, Interactive sessions, Project-based learning, Research orientation, Seminars & workshops on current topics, Tutorial & assignments, Class test / Open book test.Read more
1 Answer

Ques. What are the Employment Opportunities after completion of the M.Com program from MIT-WPU?

● Top Answer By Shubham Gupta on 28 Aug 20

Ans. Employment Opportunities after completion of M.Com program are: Professional Accountancy, Investment Banking, Investment analysis, Management consultancy, Financial management in reputed companies, Business Analyst, Financial Analysts, Executive Assistant, Securities Analyst, Risk Analysts, Consultant in Banks, Research & NGO, Chartered Accountancy(C.A), Company secretary(C.S), Cost & Management Accountancy(C.M.A), Certified Public accounting (C.P.A), M.B.A- Master of Business Administration(Marketing Management, Financial Management, Human Resource Management, Banking & Insurance Management).Read more
1 Answer

Ques. What are the unique features of studying M.Com from MIT WPU?

● Top Answer By Anam Shams on 28 Aug 20

Ans. Unique features of studying M.Com from MIT WPU is: Continuous internal evaluation, Case study approach, Focus on skill development and start, Encouragement to attend and present papers at national/ international symposiums, Peer Assessment, Online certification courses, webinars and corporate training, Choice of elective subjects from a wide spectrum of subjects to meet individual’s professional goal, Experiential learning in association with industry.Read more
1 Answer

Master of Commerce [M.Com] Fee Structure in India

360 (Minimum Fee)PUBLIC COLLEGES2.27 L  (Maximum Fee)
23.12 K (Average Fee)
583 (Minimum Fee)Private COLLEGES2.80 L (Maximum Fee)
60.11 K (Average Fee)

Master of Commerce [M.Com] Fee Structure By state

Tamil Nadu

15.13 K
1.63 KPrivate COLLEGES1.20 L
41.95 K


58.62 K
9.80 KPrivate COLLEGES2.60 L
1.07 L


21.96 K
2.75 KPrivate COLLEGES1.14 L
25.24 K

Uttar Pradesh

15.42 K
3 KPrivate COLLEGES2.32 L
61.74 K

Madhya Pradesh

13.57 K
2 KPrivate COLLEGES2.07 L
40.33 K


12.37 K
583Private COLLEGES1.96 L
52.56 K

Delhi NCR

25.33 K
9.07 KPrivate COLLEGES2.72 L
94.58 K


47.38 K
20.40 KPrivate COLLEGES1.62 L
70.77 K


26.04 K
9.07 KPrivate COLLEGES2.72 L
81.04 K


19.60 K
2.84 KPrivate COLLEGES1.20 L
43.06 K


28.36 K
5.50 KPrivate COLLEGES2.24 L
80.69 K


29.14 K
7.35 KPrivate COLLEGES2.13 L
80.52 K

Andhra Pradesh

19.24 K
8.04 KPrivate COLLEGES1.40 L
39.82 K


17.26 K
22 KPrivate COLLEGES2.80 L
54.60 K

West Bengal

18.76 K
11.40 KPrivate COLLEGES2.32 L
1.14 L


12.37 K
8.70 KPrivate COLLEGES1 L
39.04 K
12.73 K
5.29 KPrivate COLLEGES30 K
16.66 K


13.64 K
2.10 KPrivate COLLEGES1 L
35.22 K


19.68 K
4.38 KPrivate COLLEGES2.03 L
84.38 K
19.77 K
44 KPrivate COLLEGES1.81 L
1.39 L

Himachal Pradesh

22.66 K
60 KPrivate COLLEGES1.20 L
91.14 K


36.16 K
42.63 KPrivate COLLEGES51.44 K
46.57 K

Arunachal Pradesh

12 K
74 KPrivate COLLEGES76 K
75 K
54.65 K
93.47 KPrivate COLLEGES93.47 K
93.47 K


7.96 K
80 KPrivate COLLEGES2.15 L
1.36 L


31.65 K
3.06 KPrivate COLLEGES3.06 K
3.06 K


10.13 K
1.10 LPrivate COLLEGES1.44 L
1.33 L

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348 Reviews found out of 177278

7.8 /10

Admission :

After completing my graduation degree in in which I had scored 71%, I decided to enroll in Sri dev Suman Uttarakhand university for further studies. I gave an entrance exam and further selection procedure was based to be judged on my 12th class marks which were 81%, marks and the entrance exam marks. Finally I got selected in the university after all the procedures were done.

Campus Life :

The extracurriculars in our college are quite good. Many societies are established like debating society, placement society, organizing society, etc and they work in their respective fields .All these societies consists of students who are guided by their leaders in the execution of their programs and activities.

Course Curriculum Overview :

The course curriculum in our college is quite comfortable and the course is focused on providing students with both practical as well as theoretical knowledge. The subjects included in the course of are indeed very knowledgeable and enlightening.The exams are also well planned and are efficiently executed.

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8.8 /10

Placement Experience :

The placements in our college are too good. Various companies from different sectors come and interview the students regarding the placement and selection of the students ismostly done through interviews conducted by these companies. Most of the students secure job and get ahead in their careers with a good pay scale offerd to them by these recruiting companies.

Remarks :

This college is indeed an amazing place to learn and grow. My college provides loads of opportunities to students and is indeed worthy to be appreciated when it comes to focusing on skill development of students. A big thanks to Bengaluru North University for providing me with all the great opportunities that indeed helped me to frame better career.

Admission :

Bengaluru north university offers 50 seats to students in the post graduation course of After completing my graduation in , I applied for Bengaluru North University entrance examination and fortunately met the cutoff set by the college. After all the procedures regarding the admission were done, I got selected in the college.

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8.7 /10

Faculty :

The University has well experienced highly qualified Professors. They always have your back. They qhuide you all through your time in the college and help you enhance your skills. They make sure you get a complete personality development during your college time.

Course Curriculum Overview :

The college had very well structured course curriculum. There was focus on research and preparing the students for the outside world. The curriculum is UGC approved. Like in many other colleges, the exams are held Semester wise.

Fee Structure And Facilities :

The fees is cheap. Anyone can afford it. It's about 4000 for a 2 years program and is even less for some other programs. All good Facilitates are provided in such less fees. It's about 9000-10000for 2 years of my course.

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8.3 /10

Alumni/Alumna :

The alumni network of the college is better than any other college as alumnis of our college constantly update things about college or the curriculum which are pretty useful and at the same time they attend all the alumni meets and help us in any way possible.

Faculty :

The faculty of the college is commendable. The amount of experience they have makes them better than the rest and this is just one of the things about them as they are literally reservoirs of knowledge and there is no end to what one can learn from them.

Course Curriculum Overview :

The Masters' degree is indeed a big deal but the curriculum of M.Com at DPG Degree College - [DPGDC], Gurgaon does justice to the same. They impart education with the sole propaganda of making students understand concepts in a wholesome manner.

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8.5 /10

Admission :

For all the postgraduate programs provided by the University and for the allocation of 50 percent seats for the PG courses offered in the associated colleges in compliance with the University Regulations available on the BCU website, an eligibility assessment exam is carried out at the BCU campus. Students may apply for more than one course. Entrance exam fee which is INR 400 for general/OBC and INR 200 for SC/ ST/transgender should be paid online. If applying for more than one course an addition of 100rs should be paid for each course applied for. The application form has to be filled online and downloaded. The downloaded form along with all required document need to be either submitted to university in person or by post. Based on the Mark?s scored in the entrance, merit list is created and students are called for counselling and admission.

Campus Life :

The college offers several extracurricular activities. The college has a huge playground, badminton courts, for sports where students can play sports effectively. The Bengaluru central university also regularly organizes many events to give the students an opportunity to have a personal growth. Other facilities provided are library, playground, spacious classrooms, workshops, seminars.

Faculty :

In BCU, there is a range of teachers from different age groups creating the perfect blend between a classical and innovative teaching environment. Professors are experienced and highly knowledgeable. Our faculty encourage classroom discussions and interactions. Students are very comfortable with the teachers which help us to ask and clarify all our doubts.

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9.5 /10

Course Curriculum Overview :

The course curriculum will focus on application-based architecture. The syllabus is designed to enhance students' critical thinking and problem-solving skills. It integrates with projects, workshops, industry visits, and group discussions so that students can learn something useful in their real world.

Admission :

Admission Requires Degree from any recognized University in the Commerce Stream, i.e., B.Com. Keep self-attested copies of required documents when filling out the entry form online. Submit the form and get a copy for future reference. Applicants will get admission based on the final merit list.

Placement Experience :

The college does not offer on-campus recruitment, but the placement cell restricts recruitment on campus. It is responsible for regularly updating internships and employment opportunities for students. Helping students choose the best opportunities to suit their skills and abilities.

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7.3 /10

Fee Structure And Facilities :

The fee structure of the college is feasible and easily affordable. I am from middle class family and paying Rs.10, 500 per year for my course is reasonable. I am happy with the fee structure. Also, there are scholarship programs for students.

Admission :

The admission process of the college is easy for my course. There are no entrance exams for this course. However, the students have to show their graduation result while seeking admission. Every student need to have at least 50% marks.

Course Curriculum Overview :

The curriculum of the course is ell built. It has all the topics of the concern. The exams, assignments and presentations are part of the curriculum which are held at regular intervals. I am very much satisfied with the curriculum.

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8.8 /10

Campus Life :

The college AVCW e offers transportation facilities to its students at subsidized rates. The management owns busses, vans and pick up the students and drop them off. These facilities are available at nominal rates and have extreme care for the safety of women. The extracurricular activities are also superior in my college and workshops and seminars and visits are held in a very excellent way and it is amazing no acceptance of gender race religion sexual orientation and politics are applied here.

Placement Experience :

The training and placement cell of Annai Veilankanni?s college in Chennai is responsible for conducting not only the placement actions but also a lot of training and development activities for the increase of its students in terms of profile and career. Periodical Training programs in soft skills and other employable skills are conducted. The college has adopted a very healthy scholarship representation and offers scholarships in multiple categories for its meritorious as well as needy students.

College Events :

In my AVCW college, many events like technical cultural and management related festivals are organized every year through the college, in which a big number of students take part, which in itself is very thrilling, fun and captivating. If you want to participate in these types of events you can show that you are a very superior in college. These students can get information from girl Students College or you will get this information by visiting this college's website.

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9.0 /10

Fee Structure And Facilities :

Rs 17,200 course fees for 2 years duration which is inclusive of tuition fees, examination fees and other fees, Rs 12,400 - Rs 14,200 for 3 years graduation degree across other departments. Don't you think these fees structure can be afforded by any student who wants to pursue these particular courses. Because if you want to have all good facilities within an affordable range, then welcome to this college.

Remarks :

There is nothing negative about this college. I really have learnt so many things while I was pursuing my master's. We have the best cafeteria, well-merchandised with modern types of equipment in the computer labs as well as practical labs. We have a huge auditorium, medical facilities available for everyone inside the premises and a lot more things.

Campus Life :

Even if this college provides distance learning to students, still we have facilities for extra-curricular activities. We have sports clubs, dance clubs, debate clubs etc. We also have an auditorium for several talk shows by various influencers and many more. We have also participated in several sports championships every year and have won also.

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9.0 /10

Fee Structure And Facilities :

The fee structure of the M. Com is around less than 20 thousand which is very feasible as per the demands and popularity of the course among the students. Hence, it will not be wrong to say that the fees is affordable as per the education and facilities provided by the institution.

Faculty :

The facultybod commerce are very well qualified and trained with a great experience. They have good command over their respective subjects. They also encourage students in every possible way and help them when they need. They impart very good education to the students.

Campus Life :

The institution focuses on holistic development of the students and to fulfill the purpose, there are sports activities like football, basketball and many more. Freshers and farewell party are also organized. Cultural programs are also held.

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8.7 /10

Campus Life :

The college was very cooperative while organizing seminars and webinars for it's distance learning programme students. Many online workshops were also organized our college which helped me gain a lot of knowledge about various educational and career opportunities.

Course Curriculum Overview :

The course curriculum of this college was really good and helpful. Students were given opportunities to develop both practical and theoretical knowledge by studying different subjects. Exams were also well planned and executed in an efficient manner.

Placement Experience :

The placements and internship opportunities were provided to students through online forms and interviews. Companies like tata motors, maruti, Infosys, etc., used to visit the college and select candidates on the basis of their academic performance.

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8.8 /10

Admission :

You need to first visit the official website of the college then you need to enter your details. After that you need to upload all your relevant documents such as transfer certificate character certificate, the 12th mark sheet ant 2 self attested copies of yourself. The admission criteria is primarily based on the merit and you should possess at least 50% in your graduation subject. After the selection the students have to pay the fees to lock their seats which will not be refunded.

Course Curriculum Overview :

This course is a 2 year program which is divided into 4 semesters in which we are basically taught about the cooperate governance, information technology, risk management and supply management. It is a full time study and our curriculum is focused on 1 subject area as compared to the other professional degrees. This master degree also includes research component which later provides us an access to a doctorate degree.

Faculty :

The teachers of the college are very well trained and knowledgeable in their course. They also provide us special enrichment lecture series which are basically done to broaden our mental horizon and to improve our general awareness and strengthen our critical thinking. Their approach to teach each students is really very unique and they make it possible that the students understand the subject well.

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9.0 /10

Fee Structure And Facilities :

The fees is 9,922INR for one year and for two years it comes to a total of 19884. The fees is very cheap and inexpensive and the college also has relaxations for SC/ST as well. This fees includes the miscellaneous fees like lab fees, exam fees and the library fees as well.

Admission :

The admission is both online and offline. You can download the application form from the website and submit it after filling it completely. For online, go to the website and fill all the details. The date for counseling will be announced for which you have to be present.

Campus Life :

There are several extra curricular activities organised in the college itself. The male to female ratio is very healthy. The Nations Service Scheme(NSS) and the National Cadet Corps(NCC) is also active and they are very good to be a part of.

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Can I do mvom in finance after BSC (pcm)
Hi Priya, generally, eligibility criteria for M.Com is to be graduate in B.Com/BBA or any other equivalent degree with Maths/Accounts/Economics as one of the main subjects. However, minimum percentage criteria may vary from college to college. B.Sc is less likely to be considered for being eligible to take admission in M.Com.

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Master of Commerce [M.Com] Colleges IN INDIA

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29.4 K first year fees
Loyola College
Chennai, Tamil Nadu
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Hansraj College - [HRC]
New Delhi, Delhi NCR
17.03 K first year fees