• The ICFAI University, Meghalaya

The M.Com Program

The M.Com Program

The Masters of Commerce (MCom) is a post-graduate program covering areas on accounting, management, banking and economics related subjects. The uniqueness of this curriculum is that it allies with other Management courses and the student with the MCom degree is a multi-tasker.

The program prepares students to seek placements in industries / corporates / government institutions and PSUs. They can also take up jobs in Civil Services, Economic Services, CDSE, Air Force Accounts, Defense Services etc. The program also facilitates students to pursue higher professional courses like CA, CFA, ICWA, etc.

Duration : Two years

Graduates with 45% of marks in Commerce / Economics (Hons.) / Business Management from a recognized University.
Final year degree students are also eligible to apply

Program Structure
The MCom Program covers 29 courses apart from soft skills and two management theses spread over 4 semesters in 2 years. Students are also required to undergo a summer internship program. 

The students are encouraged to choose eight courses from eight elective streams viz., Marketing, HRM, Finance, Banking, Investments, Insurance, Accounting and IT & Systems. Students will have the flexibility in choosing more than one course from these elective streams. Students will also have the facility for dual specialization. Elective courses will be offered subject to a minimum number of students enrolling for a particular elective course.

Electives: Students are encouraged to choose four courses from a list of elective. Students will have the flexibility in choosing more than one course from these elective streams. Elective courses will be offered subject to a optimal number of students opting for the same elective.


M.Com Program Structure
Year I Semester I Semester - II
  • Human Resource Management
  • Quantitative Techniques
  • Managerial Economics
  • Financial Management
  • Business Communication
  • Overview of Banking
  • Information systems for managers
  • Accounting for Managers
  • Business Environment
  • Business Research Methods
  • Marketing Management
  • Soft Skills
  • Computer Applications in Business
  • Performance Management and Reward System
Summer Internship Program
Year II Semester - III Semester - IV
  • Cost and Management Auditing
  • Strategic Management
  • Marketing Research
  • Elective: Paper I
  • Elective: Paper II
  • Elective: Paper III
  • Elective: Paper IV
  • Business Ethics & Corporate Governance
  • E-Commerce
  • Leadership Skills & Change Management
  • Elective: Paper V
  • Elective: Paper VI
  • Elective: Paper VII
  • Elective: Paper VIII

The program structure is subject to periodic review.

Finance & Banking: Project Management; Money and Banking; Rural Banking and Micro Finance;

Security analysis Accountancy: Advanced Financial Accounting Advanced Management Accounting; Advanced Cost Accounting; Human Resource Accounting.

Marketing & Entrepreneurship: Consumer Behavior; Retail Management; Entrepreneurship; Management of Small Enterprise.

Taxation Management and Law: Corporate Tax Planning; Principles & Practice of Taxation and Indian Tax System; Corporate Law; Industrial Law.