M.COM

Master of Commerce (M.COM)

Commerce is the exchange of goods or services among two or more parties. It is the subset of business that focuses on the sale of finished or unfinished products rather than their sourcing, manufacturing, transportation, or marketing. It began when prehistoric humans started exchanging goods and services for mutual benefit. Today, commerce commonly refers to the large-scale purchases and sales of goods and services.  Selling a single item is a transaction. All transactions are collectively called commerce. E-commerce is a variation of commerce that entails selling goods and services electronically via the Internet. Generally, commerce can refer to an exchange of goods or services for money or something of equal value.  From the broadest perspective, governments are tasked with managing the commerce of their nations in a way that meets the needs of their citizens by providing jobs and producing beneficial goods and services.

When properly managed, commercial activity enhances the standard of living of a nation’s citizens and increases its standing in the world. However, when commerce is allowed to run unregulated, large businesses can become too powerful and impose negative externalities on citizens for the benefit of the business owners. The idea of commerce has expanded to include electronic commerce in the 21st century. Electronic commerce, or e-commerce, is defined as any business or commercial transaction that includes the transfer of financial information over the Internet. E-commerce changed how commerce is conducted. In the past, imports and exports posed logistical hurdles for both the buyer and the seller. Only larger companies with scale in their Favor could benefit from export customers.

Why Study Commerce ?

Commerce is among the highly recognized educational disciplines in the Indian higher education context. The broad term of commerce includes stock markets, economic principles, finance, accounting, and non-profit flows.

Finance is the heart of any business, so it necessitates competent administration and oversight, which individuals with the right qualifications and abilities can only perform.

After completing a master’s degree in commerce graduates have various jobs like operation manager, finance consultant, investment banker, marketing manager, accountant, and business analyst. The salary offered in different professions varies from sector to sector depending upon the skills, qualifications, experience, and other specific demands of the recruiters.

Master of Commerce

RAAK Arts and Science College is offering Master of Commerce (M Com) which is a two-year postgraduate degree Program focused on commerce. The curriculum followed by the college is as per the Annamalai University, Annamalai Nagar, Chidambaram syllabus.

The program is generally focused on different disciplines like accounting, business management, corporate governance, human resource management, economics, statistics, finance, marketing or supply chain management. There are many more career options present for you in the field of finance as well.

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