Salaries after M.Com
Master of Commerce (M.Com) is a post graduate programme which gives emphasis on advance knowledge in the field of commerce. Several public and private sector firms and also various companies’ abroad recruit M.Com graduates basically for accounts and finance related functions. They can secure a job in various finance / commerce / banking sectors and also in customs departments / import export companies. The insurance industries also recruit these graduates. In these firms, one can work as accounts officer / business analyst / accountant / finance manager / marketing analyst / operations manager / corporate analyst. The M.Com graduates also have enormous chances in Indian Civil Services.
Salaries after M.Com in Government Organizations
The job prospect and the pay scale of M.Com holders will be good in the government sector organisations. In most of the government organizations, the entry level remuneration comes in the range of about Rs. 20,000/- to Rs. 30,000/- per month. In central government companies as compared with state government undertakings, candidates may earn good salary. One can also get grade promotions while in the job and consequently a hike in salary. In addition to the monthly pay, the candidates can obtain many perks such as gratuity, bonus, and so on. For securing a government job, the M.Com holders need to write various test conducted by the governmental departments such as UPSC, SSC, state PSC, etc.
Salaries after M.Com in Private Sector Firms
As compared with the government organizations, the master holders are paid much better in private sector companies. In the starting stage itself, one can earn a monthly income varying in the range of about Rs. 30,000/- to Rs. 40,000/-. With gaining experience and skill in the field, one can get promotions to higher posts and also higher pay. Teaching field is also a yet another lucrative career option for the aspirants. With experience and proficiency in the field, one can easy earn a 6 digit monthly salary within few years.
Remuneration after M.Com Abroad
Many companies in foreign countries like USA, UK, Australia and so on recruit large number of talented commerce graduates to various job profiles. The remunerations for these M.Com holders abroad are much higher than that paid in India. This is one of the foremost reason that the good brains in our country are working in foreign lands. The pay mainly depends on various factors such as type of the firm, job prospectus, candidates’ knowledge, experience, aptitude, skill and many other factors. With experience, the aspirants can move on to higher level posts and can also command more salary.
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2 Responses to “Salaries after M.Com”
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sir…I have completed M.com with 69% and Bed . .so..which exam should be prepair for govt. job ? and can i study for c.s. or i.c.w.a ?
after m com which job is comfortable for me in what salary? is it better to go for m com in accounts and finance or m com in management?