The Master of Commerce (MCOM) is a postgraduate programme offered by the School of Management Studies (SOMS). The programme is designed to develop knowledge, skills and aptitude in areas related to commerce, including Finance, International Business, Marketing and Accounting.
This guide provides the complete MCOM programme structure, eligibility, medium of instruction, semester-wise courses, course codes and credits. It can also help students identify the correct course when looking for learning resources for their MCOM papers.
Master of Commerce (MCOM) at a Glance
| Particular | Details |
|---|---|
| Programme Name | Master of Commerce |
| Programme Code | MCOM |
| School | School of Management Studies (SOMS) |
| Eligibility | Any graduate or equivalent from a recognized University |
| Medium of Instruction | English & Hindi |
| Minimum Duration | 2 years |
| Maximum Duration | 4 years |
| Total Credits | 80 |
| Semesters | 4 |
The MCOM programme consists of 80 credits distributed across four semesters. Each year comprises 40 credits, and students must successfully complete the courses spread across all four semesters to qualify for the Master of Commerce degree.
About the MCOM Programme
The programme is offered by the Discipline of Commerce, School of Management Studies.
According to the Prospectus, the programme addresses the growing requirements of commerce education and aims to provide trained manpower for areas such as industry, trade, public sector undertakings, government and private enterprises.
The programme particularly covers areas including:
- Finance
- International Business
- Marketing
- Accounting
It is also intended to develop the knowledge, skills and aptitude required for employment in trade, commerce and industry, as well as for academic research.
MCOM Eligibility
A candidate with any graduate degree or equivalent from a recognized University is eligible for admission to the programme.
The Prospectus does not specify a particular undergraduate subject as a requirement for MCOM eligibility.
MCOM Medium of Instruction
The programme is offered in:
- English
- Hindi
Students can therefore study the programme in either of the two specified languages.
MCOM Programme Duration
The MCOM programme is structured as a two-year postgraduate programme comprising four semesters.
The maximum duration is four years, while the programme requires successful completion of all courses across the four semesters for the award of the degree.
MCOM Course Structure
The programme carries a total of 80 credits.
The four-semester structure is divided into two academic years:
First Year
- Semester I
- Semester II
Second Year
- Semester III
- Semester IV
The first and second semesters together account for 40 credits, while the third and fourth semesters complete the remaining credits required for the degree.
MCOM First Semester Courses
The first semester includes four courses:
| Course Code | Course Title | Credits |
|---|---|---|
| MCO-01 | Organization Theory and Behavior | 6 |
| MCO-04 | Business Environment | 6 |
| MCO-05 | Accounting for Managerial Decisions | 6 |
| MCO-021 | Managerial Economics | 4 |
The first semester therefore includes subjects covering organizational behaviour, the business environment, managerial accounting and economics.
MCO-01 – Organization Theory and Behavior
Course Code: MCO-01
Course Title: Organization Theory and Behavior
Credits: 6
This is one of the core courses in the first semester.
Students looking specifically for this paper can use the exact course code MCO-01 when locating the relevant learning resources.
MCO-04 – Business Environment
Course Code: MCO-04
Course Title: Business Environment
Credits: 6
MCO-04 is included in the first-semester course structure and carries 6 credits.
MCO-05 – Accounting for Managerial Decisions
Course Code: MCO-05
Course Title: Accounting for Managerial Decisions
Credits: 6
This course focuses on accounting in the context of managerial decision-making and forms part of the first semester.
MCO-021 – Managerial Economics
Course Code: MCO-021
Course Title: Managerial Economics
Credits: 4
MCO-021 is the fourth course listed for Semester I and carries 4 credits.
MCOM Second Semester Courses
The second semester consists of four courses:
| Course Code | Course Title | Credits |
|---|---|---|
| MCO-06 | Marketing Management | 6 |
| MCO-22 | Quantitative Analysis for Managerial Applications | 4 |
| MCO-23 | Strategic Management | 4 |
| MCO-24 | Business Ethics and CSR | 4 |
These courses cover marketing, quantitative analysis, strategic management, business ethics and corporate social responsibility.
MCO-06 – Marketing Management
Course Code: MCO-06
Course Title: Marketing Management
Credits: 6
MCO-06 is included in the second semester and carries 6 credits.
MCO-22 – Quantitative Analysis for Managerial Applications
Course Code: MCO-22
Course Title: Quantitative Analysis for Managerial Applications
Credits: 4
This 4-credit course forms part of the second semester.
MCO-23 – Strategic Management
Course Code: MCO-23
Course Title: Strategic Management
Credits: 4
MCO-23 is a second-semester course carrying 4 credits.
MCO-24 – Business Ethics and CSR
Course Code: MCO-24
Course Title: Business Ethics and CSR
Credits: 4
MCO-24 is included in the second semester and carries 4 credits.
MCOM Third Semester Courses
The third semester is described in the Prospectus as Core / Specialization Course.
The courses are:
| Course Code | Course Title | Credits |
|---|---|---|
| MCO-03 | Research Methodology and Statistical Analysis | 6 |
| MCO-07 | Financial Management | 6 |
| IBO-02 | International Marketing Management | 6 |
| MCO-015 | India’s Foreign Trade and Investment | 4 |
These courses bring research methodology, financial management and international business topics into the programme.
MCO-03 – Research Methodology and Statistical Analysis
Course Code: MCO-03
Course Title: Research Methodology and Statistical Analysis
Credits: 6
This course is part of Semester III and carries 6 credits.
MCO-07 – Financial Management
Course Code: MCO-07
Course Title: Financial Management
Credits: 6
MCO-07 is a 6-credit course included in the third semester.
IBO-02 – International Marketing Management
Course Code: IBO-02
Course Title: International Marketing Management
Credits: 6
IBO-02 is included in the third semester as a core/specialization course and carries 6 credits.
MCO-015 – India’s Foreign Trade and Investment
Course Code: MCO-015
Course Title: India’s Foreign Trade and Investment
Credits: 4
This 4-credit course is included in Semester III.
MCOM Fourth Semester Courses
The fourth semester is also identified as Core / Specialization Course.
It contains:
| Course Code | Course Title | Credits |
|---|---|---|
| IBO-01 | International Business Environment | 6 |
| IBO-06 | International Business Finance | 6 |
| MCOP-001 | Project | 6 |
The three listed courses complete the programme’s 80-credit structure.
IBO-01 – International Business Environment
Course Code: IBO-01
Course Title: International Business Environment
Credits: 6
IBO-01 is offered in the fourth semester and carries 6 credits.
IBO-06 – International Business Finance
Course Code: IBO-06
Course Title: International Business Finance
Credits: 6
IBO-06 is another fourth-semester course and carries 6 credits.
MCOP-001 – Project
Course Code: MCOP-001
Course Title: Project
Credits: 6
The MCOM programme includes a 6-credit Project in Semester IV.
Complete MCOM Course List
For quick reference, here is the complete course-code list given in the Prospectus:
| Semester | Course Code | Course Title | Credits |
|---|---|---|---|
| I | MCO-01 | Organization Theory and Behavior | 6 |
| I | MCO-04 | Business Environment | 6 |
| I | MCO-05 | Accounting for Managerial Decisions | 6 |
| I | MCO-021 | Managerial Economics | 4 |
| II | MCO-06 | Marketing Management | 6 |
| II | MCO-22 | Quantitative Analysis for Managerial Applications | 4 |
| II | MCO-23 | Strategic Management | 4 |
| II | MCO-24 | Business Ethics and CSR | 4 |
| III | MCO-03 | Research Methodology and Statistical Analysis | 6 |
| III | MCO-07 | Financial Management | 6 |
| III | IBO-02 | International Marketing Management | 6 |
| III | MCO-015 | India’s Foreign Trade and Investment | 4 |
| IV | IBO-01 | International Business Environment | 6 |
| IV | IBO-06 | International Business Finance | 6 |
| IV | MCOP-001 | Project | 6 |
Total: 80 credits.
MCOM Course-Code-Wise Resources
Students can use the exact course code to locate the relevant page for their paper.
For example:
- MCO-01 – Organization Theory and Behavior
- MCO-04 – Business Environment
- MCO-05 – Accounting for Managerial Decisions
- MCO-021 – Managerial Economics
- MCO-06 – Marketing Management
- MCO-22 – Quantitative Analysis for Managerial Applications
- MCO-23 – Strategic Management
- MCO-24 – Business Ethics and CSR
- MCO-03 – Research Methodology and Statistical Analysis
- MCO-07 – Financial Management
- IBO-02 – International Marketing Management
- MCO-015 – India’s Foreign Trade and Investment
- IBO-01 – International Business Environment
- IBO-06 – International Business Finance
- MCOP-001 – Project
The course codes and titles above follow the programme table in the Prospectus.
MCOM Exit Option
The Prospectus provides an exit option after successful completion of the first two semesters, subject to the specified conditions and the student’s specific request.
After completing the required 40 credits of the first two semesters, an eligible student may receive a Post Graduate Diploma in Business Studies (PGDBS).
The Prospectus also states that the existing PGDIBO will continue as a stand-alone programme.
How to Find the Right MCOM Study Resource
Because MCOM contains several courses with different codes, students should always verify the course code and course title before accessing a resource.
For example:
MCOM → MCO-01 → Organization Theory and Behavior
or
MCOM → MCO-07 → Financial Management
or
MCOM → IBO-06 → International Business Finance
This approach is useful for students because the course code identifies the specific paper they need to study.
Frequently Asked Questions
What is the programme code for Master of Commerce?
The programme code is MCOM. It is offered by the School of Management Studies (SOMS).
What is the eligibility for MCOM?
Any graduate or equivalent from a recognized University is eligible for admission.
What is the medium of MCOM?
The medium of instruction is English & Hindi.
How many credits are required for MCOM?
The programme requires 80 credits.
How many semesters are there in MCOM?
The programme is divided into four semesters over two years.
What is the maximum duration of MCOM?
The maximum duration specified in the programme summary is four years.
Does MCOM have a project?
Yes. MCOP-001 – Project is listed in the fourth semester and carries 6 credits.
Is there an exit option in MCOM?
Yes. After successful completion of the first two semesters and the specified 40 credits, an exit option may be provided at the student’s specific request, leading to the award of Post Graduate Diploma in Business Studies (PGDBS).
Conclusion
The Master of Commerce (MCOM) is an 80-credit postgraduate programme structured across four semesters. Its curriculum covers major areas of commerce and management, including organization theory, accounting, economics, marketing, strategic management, financial management and international business.
For students preparing individual papers, the course code is the easiest way to identify the relevant subject. The MCOM structure includes courses such as MCO-01, MCO-04, MCO-05, MCO-06, MCO-07, MCO-22, MCO-23, MCO-24, IBO-01, IBO-02, IBO-06, MCO-015 and MCOP-001.
The programme information and course list in this article are based on the MCOM section of the IGNOU Common Prospectus.