Jobs After MCom: Top Profiles, Recruiters & Expected Salary

Updated on 26 December, 2023

Akansha Semwal

Akansha Semwal

Study Abroad Expert

Jobs After MCom: Top Profiles, Recruiters & Expected Salary 

MCom or Master of Commerce is a dynamic degree that opens several doors for aspirants. In an evolving trade and commerce ecosystem, there are numerous job opportunities for graduates. From taking care of reports and accounting to handling budgets and outlining financial strategies for businesses, there are several tasks that graduates can specialize in. Here is a closer look at the top jobs after M Com.  

Job Opportunities After MCom Abroad

There are several jobs for MCom freshers abroad, spanning numerous fields and disciplines. Here are some of them for your perusal: 

  • Senior Accountant
  • Financial Controller
  • Budget Analyst
  • Investment Banker
  • Corporate Secretary
  • Chief Financial Officer
  • Tax Consultant
  • Stock Broker
  • Auditor
  • Professor

Jobs After M Com Based on Specialization 

Here are some jobs after MCom based on diverse specializations: 

International Accounting- 

This broader field involves job profiles such as tax accounting, managerial accounting, and international auditing.  

Economics- 

Those taking up economics may pursue job profiles like credit analyst, policy analyst, personal finance advisor, supply chain analyst, loan officer, economic consultant, portfolio manager, and actuary. 

Finance- 

In the finance field, graduates may choose job profiles such as banker, insurance agent, financial analyst, accountant, investment manager, financial advisor, banker, stockbroker, auditor, actuary, management consultant, and more. 

Business Management- 

Some jobs that can be pursued in this field include business manager, marketing manager, account executive, staff accountant, management analyst, business consultant, and more. 

Marketing- 

Some of the job profiles after marketing include market researcher, marketing executive, business development executive, brand manager, and media planner. 

Research and Analysis- 

Research and analysis jobs include research analyst, data scientist, investment strategist, economist, securities analyst, and financial analyst. 

Salary Offered to MCom Graduates 

Here are some jobs after MCom and their average annual salaries. 

External Auditor: 

This covers reviewing company finances, legal compliance, reports, and auditing of internal organizations. The average annual salary is $66,269. 

Marketing Manager: 

The job covers expanding marketing policies, establishing plans, defining target markets, pricing strategies, budgeting, monitoring trends, etc. The average annual salary is $67,155.

Financial Analyst: 

This job covers improvements in internal finances through analyzing sales, purchases, and performance while involving investment optimization. The average annual salary is $69,907. 

Business Development Manager: 

These professionals work to find new accounts and expansion opportunities while maintaining existing relationships and building knowledge of international industry environments to position their companies better. The average annual salary is $71,939.

Sales Manager: 

Sales managers work to lead sales teams and manage personnel while tracking sales targets and developing strategies. The average annual salary is $77,774. 

Corporate Investment Banker: 

They enable profitable companies or fund investments while handling negotiations between entities and helping issue securities. The average annual salary is $83,162. 

Procurement Manager: 

These professionals handle sourcing and supplies and get the best deals. They must also understand budgeting, expense accounts, international tariffs, costs, and other regulations. The average annual salary is $83,585. 

Financial Controller: 

These professionals are responsible for financial reporting, including budget management, reports, and supervising finances, along with other responsibilities. The average annual salary is $86,627. 

Management Analyst: 

They work to scale up company revenues and lower costs via analysis of processes and data, along with creating improvement plans. The average annual salary is $88,188. 

Risk Manager: 

These professionals identify and mitigate organizational risks, keeping companies on the right side of compliance and technological and industry developments. The average annual salary is $117,651. 

Related Article:

Highest Salary Jobs After Commerce

Top Recruiters for MCom Graduates

Some of the top recruiters include the following: 

  • Deutsche Bank
  • Nike, Inc.
  • Mercedes-Benz Group AG
  • LVMH Moët Hennessy Louis Vuitton
  • Unilever
  • Samsung
  • Nestlé
  • Procter & Gamble
  • Bank of America Merrill Lynch
  • Morgan Stanley
  • Boston Consulting Group 
  • Adidas
  • Goldman Sachs
  • BMW Group 
  • PwC(PricewaterhouseCoopers)
  • McKinsey & Company
  • KPMG
  • J.P. Morgan
  • Deloitte
  • Amazon
  • Ernst & Young
  • Google
  • L'Oréal Group
  • Microsoft
  • Apple, Inc.

Explore Your Career Options After MCom

As can be seen, graduates can consider several jobs after MCom. You can expect stable and high-growth global careers in diverse industry sectors if you have completed your degree or plan to take it up. Also, don’t stick to conventional roles. You can further explore many professional courses to skyrocket your career trajectory. 

Read More:

FAQs

Does MCom have scope in the future?

Yes, there are several growth opportunities for M Com graduates. They can take up varying job positions like accountant, management consultant, financial analyst, banker, trader/stockbroker, investment banker, actuary, and more.

What is the salary after MCom in India?

According to Payscale, the average salary for M Com graduates in the country is around ₹418,000 annually. The salaries vary across job positions, industries, and types.

MBA or MCom- Which is best for you?

MCom emphasizes more on knowledge of specific commerce fields, such as accounting, taxation, and finance. MBA covers broader disciplines like strategy, operations, marketing, and human resources. MBA programs usually require some work experience, while MCom can be pursued after completing a bachelor’s degree in commerce.

Did you find this article helpful?

Akansha Semwal

Study Abroad Expert

Akansha Semwal is a content marketer at upGrad and has also worked as a social media marketer & sub-editor. Experienced in creating impressive Statement of Purpose, Essays, and LOR, she knows how to captivate the attention of Admissions Committee. Her research-driven;study-abroad articles helps aspirants to make the prudent decision. She holds a bachelor's & master's degree in Literature from the University of Delhi.

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