Thinking about post graduation courses for commerce graduates, a number of options emerge. The top ones among them being MBA, CA, PGDRM, FRM and M.Com. These all different post graduate courses cater to different market demands and deal with different streams of future, some of them being somewhat similar and some entirely different. M.Com has long been the traditional choice for commerce graduates for a post graduate degree.  

Here, we will dive into the question “Is M.Com right for you?” with what are the potential pros and cons of the M.Com 

What is M.Com? 

In India M.Com is a two year degree you can pursue after Bachelors of Commerce. It focuses on the theoretical underpinnings of the subject matter in accounting, finance and business mathematics. It is pursued particularly by students who want to further their career in research and academia by getting in-depth theoretical knowledge in relevant subjects. 

Pros of pursuing an M.Com as a post graduate degree.

These can also be regarded as answers to the question “Why should you pursue a M.Com?” 

• Strengthened knowledge and skills: Your knowledge of the subject tends to have a strong grip of root concepts and theoretical skills get even more strengthened.  
• Increased earning potential: Knowledge always builds something in you, and when you get yourself equipped with strong foundations it definitely increases your earning potential, you can become a certified researcher, an academic consultant or a professor or a specialist in the field. 
• The asset for life: Networks and connections: The most significant thing that we often ignore which are built over a course of time are the networks and connections. Networks that we build in the institute, even though they are intangible, are the most valuable assets for us. By committing to pursue a Master’s degree, you get yourself an opportunity to network with like-minded individuals and extremely talented faculty. Best, if you get into a good institute, you get yourself an opportunity to become a part of some of the most important networking events and academic fests. 
• Specialisation: Setting you apart 
• In this era of breakneck competition, the most important thing you need to do is to set yourself apart from others, from the huge crowd. One way of setting yourself apart is to gain specialisation and expertise. By pursuing M.com, you become an expert on your topic which makes you a special one.  

Cons of pursuing a M.Com 

Masters of Commerce is a great course to pursue but there are also some drawbacks to it which are: 

• Time requirements:  Masters of commerce is a 2 year degree in India that demands a lot of time commitment on the part of students. A great deal of patience is required. Some students might not be able to dedicate this much time and want to get into the workforce as soon as possible.  
• Financial Requirements:  As this is a 2 year course, pursuing it can be a financial burden for many students and it also requires a hefty fee if you are not able to get into the top public institutions of the country which offer education at subsidized rates.  
• Limited job opportunities:  As the course focuses heavily on research specialization and academia, it has comparatively lesser job opportunities when placed parallel to courses which focus on real-life job skills and corporate world skills. If you want to get into a corporate job this might not be a perfect fit. 
• Theoretical focus:  Well, theoretical focus is also a benefit but it can turn into a drawback if it is in excess. For those who want to get real-life practical skills, excessive theoretical focus becomes a drawback.  

Some job-oriented post graduate courses for commerce students: 

If you do not plan to get into research and academia and instead aim for a corporate job, you need a course which is practical-skill focused. 

Some of these courses are;

• MBA- Masters in Business Administration 
• PGDRM : Global Risk Management Institute  
• CA: Chartered Accountant 

Conclusion

Masters of Commerce is one of the best post graduate courses for commerce graduates in general and for those aiming for research and academia in particular. You need to assess your career aspirations and needs and demands wisely and then evaluate your choices.