MCom Placements 2024: Reports, Highest & Average Packages in Top Colleges
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MCom placements in India vary based on the student's specialization, industry demand, college ranking, and the economic status of the country. In India, MCom Accounting and Finance specialization offers students the highest placement packages going up to INR 35 LPA in HR College of Commerce and Economics, Mumbai. On the other hand, students who want to specialize in Taxation can expect the highest package up to INR 22 LPA, offered by KJ Somiya College, Mumbai.
Through MCom placements, candidates can join various positions such as finance executive, assistant manager, data analyst, and more. Yearly placements are conducted at the end of the final semester for the MCom course students. MCom colleges like IPS Academy, Amity University, and LNCT offer placements at prominent companies such as Apollo, Infosys, Dabur, Cognizant, and others.
Table of Contents
- Top 10 M.Com Colleges in India with Highest Placements
- Specialization-Wise MCom Placements
- Top MCom Recruiters with Best Placement Packages in India
- Salary Offered to MCom Graduates in India
- Strategies to Prepare for MCom Placements
Top 10 M.Com Colleges in India with Highest Placements
Some of the top colleges in India like Hindu College, Hansraj College, Shri Ram College of Commerce, etc, offer attractive MCom placements with the highest salary packages going up to INR 25 LPA or more with top companies from a variety of sectors.
Below is the list of top colleges along with the MCom placement salary packages in India:
|
NIRF Ranking 2023 |
M.Com Colleges |
Average MCom Placement Package |
Highest Placement Package |
|
2 |
INR 8.40 LPA |
INR 36.60 LPA |
|
|
4 |
INR 4 LPA |
INR 12 LPA |
|
|
6 |
INR 7.5 LPA |
INR 8 LPA |
|
|
7 |
INR 3.36 LPA |
INR 8.16 LPA |
|
|
10 |
INR 4.45 LPA |
INR 18 LPA |
|
|
11 |
INR 7.9 LPA |
INR 36.5 LPA |
|
|
12 |
INR 8 LPA |
INR 26 LPA |
|
|
15 |
INR 7 LPA |
INR 19.5 LPA |
|
|
16 |
INR 2 LPA |
INR 6 LPA |
|
|
18 |
INR 4.20 LPA |
INR 9.15 LPA |
MCom Placements in Top Private Colleges
Some of the top colleges which are privately run, conduct MCom placements annually, wherein the yearly average salary package ranges from INR 2 LPA to INR 9 LPA. Below listed are a few top private colleges offering MCom Placements along with their average and highest packages:
|
College Name |
Top Recruiters |
Average Placement Package 2023 |
Highest Placement Package 2023 |
|
EY, Axis Bank, Google |
INR 3.82 LPA |
- |
|
|
Reliance, Deloitte, TATA Capital |
INR 4.25 LPA |
INR 19.25 LPA |
|
|
TCS, Goldman Sachs, Amazon |
INR 3 LPA |
INR 18 LPA |
|
|
Northern Trust, ICICI Bank, Deutsche Bank |
INR 4.87 LPA |
INR 6.65 LPA |
|
|
JP Morgan, Grant Thornton, TATA Capital |
INR 5 LPA |
INR 6 LPA |
|
|
PWC, Yes Bank, SAP Labs |
INR 2.9 LPA |
INR 7.5 LPA |
|
| Amity University Noida | HDFC Bank, ICICI Bank, Axis Bank |
INR 4.50 LPA |
INR 30 LPA |
MCom Placements in Top Government Colleges
On the other hand, government colleges offer MCom placements, with an average package ranging between INR 2-8 LPA, and highest packing up to INR 26 LPA. Some of the renowned colleges under government authority are mentioned below with their highest and average placement packages.
|
College Name |
Top Recruiters |
Average Placement Package 2023 |
Highest Placement Package 2023 |
|
HDFC, ICICI, etc. |
INR 5.6 LPA |
INR 19.25 LPA |
|
|
Axis Securities, ICICI Bank, etc. |
INR 3 LPA |
INR 7 LPA |
|
|
ICICI Bank, HDFC Bank, Axis Bank, Vardhman Group, IBM, etc. |
INR 2-4 LPA |
INR 8.50 LPA |
|
| Genpact, Max Insurance, etc. |
INR 6.8 LPA |
INR 18.7 LPA |
Specialization-Wise MCom Placements
The salary derived from MCom placements varies for each specialization. This is due to the ever-changing demands of the industry. Hence, candidates must keep a note of the Specialization-Wise MCom placements below.
M.Com Accounting and Finance Placements
An M.Com in Accounting and Finance deals with teachings related to financial matters, taxation, and accounting. Some of the top recruiting companies hire candidates for investment firms, banks, insurance companies, etc. Job positions through M Com placements are Accountant, Operations Manager, Investment Banker, and others.
Below listed are a few best MCom Placement colleges in the field of Accounting and Finance:
|
College |
Top Recruiters |
Average Placement Package 2023 |
|
JP Morgan, Deutsche Bank |
INR 12 LPA to INR 23 LPA |
|
|
TATA, Hiranandani Group |
INR 2 LPA to INR 35 LPA |
|
|
Deloitte, EY |
INR 1 LPA to INR 5 LPA |
MCom Computer Application Placements
MCom in Computer Applications is a subject for candidates willing to acquire knowledge of computer applications. Candidates can join as Budget analysts, management consultants, and mobile app developers through MCom placements.
Below listed are a few colleges that offer placement after MCom degree in Computer Application:
|
College |
Top Recruiters |
Average Placement Package 2023 |
|
SBI, Zomato, HUL |
INR 12.47 LPA to INR 22.5 LPA |
|
|
Bank of Baroda, IBM, HSBC |
INR 3 LPA to INR 6 LPA |
|
|
Deloitte, EY, PWC |
INR 4 LPA to INR 21 LPA |
MCom Taxation Placements
The MCom Taxation specialization is designed to teach candidates about tax reviews, taxation problems, and more. Once candidates graduate in MCom Taxation they can join as Tax Collectors, Risk Analysts, Financial Analysts, etc. Some MCom placement packages offered by colleges are mentioned below.
|
College |
Top Recruiters |
Average Placement Package 2023 |
|
Adani, Yes Bank, Axis Bank |
INR 4.5 LPA to INR 5 LPA |
|
|
ADP, Infosys, TCS |
INR 7 LPA |
|
|
Ashok Leyland, Cognizant, Wipro |
INR 2.5 LPA to INR 3.6 LPA |
MCom Marketing Placements
M.Com placements in Marketing range from INR 4.5 LPA to INR 8 LPA for candidates with skills in marketing in commerce and finance sectors. Some job roles they are recruited for are Communications Manager, PR Manager, Teacher Management Associate, Business Manager, etc.
Below listed are a few colleges that offer placement after MCom degree in Marketing:
|
College |
Top Recruiters |
Average Placement Package 2023 |
|
IDBI, HCL Technologies, MetLife |
INR 2.45 LPA |
|
|
TCS, Capgemini, Infosys |
INR 1.5 LPA to INR 6.5 LPA |
|
|
Aditya Birla, Sutherland, Tech Mahindra |
INR 3 LPA to INR 7 LPA |
MCom Economics Placements
MCom placements after specialization in Economics will present opportunities for students as Economists, Financial Analysts, Economic Researchers, and more. DU MCom Placements in Economics specialization is known for the opportunities it offers to students in terms of companies and packages.
Below listed are a few top colleges that offer placement in MCom Economics:
|
College |
Top Recruiters |
Average Placement Package 2023 |
|
Optum, EY, Accenture |
INR 3 LPA to INR 5.5 LPA |
|
|
Tata, Cognizant |
INR 20 LPA |
|
|
JP Morgan, Reliance, Citi Bank |
INR 6 LPA to INR 10 LPA |
Salary Offered to MCom Graduates in India
The average MCom graduate salary in India ranges from INR 4 - 10 LPA (Source: Payscale). The graduates after having 3+ years of experience can earn more than INR 10 LPA with roles like financial analyst, corporate finance manager, investment banker, etc.
Below listed are a few top job roles offered to MCom graduates along with their entry-level and experienced salaries:
| MCom Job Roles | Entry Level Salary | Salary After 3+ Years of Experience |
| Accountant | INR 3-5 LPA | INR 5-8 LPA |
| Tax Consultant | INR 4.50 LPA | INR 7-12 LPA |
| Treasury Manager | INR 5-7 LPA | INR 8-14 LPA |
| Cost Accountant | INR 5.20 LPA | INR 10-12 LPA |
| Market Research Analyst | INR 4.50 LPA | INR 9-12 LPA |
Read More: MCom Salary in India
Top MCom Recruiters with Best Placement Packages in India
The top companies recruiting via MCom placements in India belong to the finance, tax, insurance, banking, retail, communication sectors, and more. Below is the list of top recruiters offering the highest MCom packages:
|
Top Recruiters |
Average Salary |
| DuPont | INR 8.40 LPA |
| ABC | INR 12-13 LPA |
| GE | INR 14 LPA |
| Amazon | INR 11.71 LPA |
| Barclays | INR 12.36 LPA |
| UBS | INR 11.05 LPA |
Also, Check: Courses and Career options After M.Com
Strategies to Prepare for MCom Placements
In order to crack good placements a strategic approach is required by the students consisting of developing soft skills and having a strong command over subject knowledge. Below listed are a few strategies that can be used to prepare for M.Com placements:
- Building Marketable Skills: The students should focus on having an edge in a competitive market by having strong skills related to business management, data analytics, financial analysis, etc.
- Gain Practical Experience: Companies prefer students who have a practical experience in the field along with academic qualifications which can be gained through internships and short term projects with industries.
- Good Resume and Cover Letter: The candidate should have a well-drafted resume and cover letter highlighting their skills, internships, academic achievements, etc. The candidate should personalize the cover letter as per the job opportunity they get.
- Mock Interview Preparation: The candidates should give mock interviews with career consultants, mentors, or peers to practice interviewing techniques.
Top M.Com [Master of Commerce] Colleges
Top Commerce Entrance Exams
Exam Date: Dec 13, 2021
Exam Date: Feb 19, 2024
Exam Date: May 02, 2023
Exam Date: May 31, 2023
M.Com Fee Structure
FAQs on M.Com Placements
Q: Which are the top companies that hire in SRCC MCom Placements drive?
A: The top companies that come in SRCC MCom Placements drive are KPMG, EY, ICICI Bank, HDFC Bank, etc.
Q: What is the average package BHU MCom Placement offers?
A: The average package of BHU MCom placement is between INR 4-8 LPA.
Q: What is the average package Big 4 offers to MCom graduates?
A: The average package that BIg 4, known as PWC, KPMG, EY, and Deloitte, offers is between INR 5-12 LPA.
Q: In order to crack Christ University MCom Placements what skill enhancement courses are provided by the college?
A: Christ University offers skill enhancement courses in Business Analytics, Machine Learning, Financial Modelling Certification, etc.
Q: Are there any particular businesses or sectors in India where placements for MComs are particularly competitive?
A: Yes, organizations in investment banking, management consulting, and multinational corporations offer the highest MCom placements in India.
Q: Which colleges are best for MCom Placements?
A: Some of the best colleges for best MCom placements include Hindu College, Hansraj College, Mithibai College, Mumbai, etc.
Q: What kind of soft skills are necessary for MCom placements?
A: Soft skills like problem-solving, communication, analytical thinking, flexibility, teamwork, and leadership are required by students during MCom placements.
