The New College Chennai M.Com : Fees 2025, Course Duration, Dates, Eligibility

Chennai, Tamil NaduEstd 1951 University of Madras Chennai, Chennai
#100 For Commerce By Outlook 2024  
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Master of Commerce [M.Com] 
first year fees:  ₹3,905
2 Years Full Time
Year 12
Tuition fees₹375₹375
Admission fees₹50-
Registration fees₹100-
other fee₹3380₹895
Yearly Fees3,9051,270

Course Description

Masters of Commerce is a Post- graduate Master’s degree which focuses on commerce, accounting, management and economics related subjects. It is 2 year course offered by various colleges and universities. The course mainly includes thesis based component and there may be some research based elements included.

The admission is generally through a common entrance test conducted by various universities accordingly. Certain universities also offer merit-based direct admission.

The average tuition fee for this course ranges between 3,700 INR to 12,000 INR for 2 years.

An M.Com. graduate can look for a career opportunity in public sector in various nationalized banks like State Bank of India, Union Bank etc. or in private sector in roles like Assistant Manager, Company Law Assistant, Junior Accountant, Relationship Manager, Sales Officer (accounts). The average starting salary after Post graduation in commerce ranges from 15,000 INR to 25,000 INR.

Duration

The course is of 2 years duration in which each year is comprised of two semesters with various subjects based on thesis and research work according to the curriculum of university.

What is Master of Commerce?

Master of Commerce is one of the prestigious courses in the country. The program is well received in the industry and for years had been serving the needs of managerial cadre in business and industry. It is a notch higher than a Bachelor degree in Commerce and helps build an in-depth knowledge about various commerce and trade practices.

It is a specialized course which prepares an individual for a career in finance and corporate sector.

Where to Study?

M.Com. is a post-graduate program which is offered at university level in India. There are many Universities offering M.Com. in India. Some of these universities are:

  • University of Delhi.
  • Central University of Rajasthan
  • Amity University, Noida  
  • Bangalore University
  • Amity University, Delhi
  • University of Mumbai

Academic Options after M.Com.

M.Com is a post graduate course done after B.com which is an undergraduate course. After M.Com., students can opt for MBA OR LLB, Doctor of Commerce (D.Com.), Doctor of Business Administration (DBA), or a Doctor of Philosophy (PhD). MBA is being offered by many Top Universities all over India including Indian Institute of Management (IIM) and Symbiosis Institute of Business Management, Pune (SIBM).

Eligibility Criteria

Aspirants seeking admission to 2-year Full-time M.Com Program should meet the following criteria as specified by the institute.

Academic Requirement:

Candidate should have passed B.Com. or B.Sc. Maths with Accountancy & Cost Accounting as Allied Subjects or B.A. Economics with Accountancy and Marketing/Cost Accounting as Allied Subjects or any other degree accepted as equivalent thereto by the University of Madras.

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The New College Chennai: Students' Opinion

AI-Generated Summary based on 1 Reviews

The college conducts its admission process entirely online, prioritizing students with high academic scores, especially benefiting minority students. It offers government-aided admission with highly qualified faculty, 90% of whom hold PhDs. Each department has 12-15 faculty members who contribute to academic excellence through authorship. For commerce education, B.Com is a popular choice. Those aiming to become lecturers need UG and PG degrees and must pass the NET exam. Fees are affordable, with undergraduate courses costing less than 5,000 rupees in total, and postgraduate courses under 25,000 rupees for two years, while undergraduate semesters are approximately 7,000 rupees. Payments can be made both online and offline. Nearly half of the students benefit from MEASI trust scholarships, aimed at supporting economically disadvantaged students. The college boasts robust placement opportunities with around 20 companies visiting annually. A dedicated Placement Cell, led by a Placement Officer, assists students in securing jobs. UG students often receive multiple job offers, with internships available in public and private companies being an integral part of the curriculum. The college provides various scholarships, like the BC Scholarship from Tamil Nadu, the National Minority Scholarship from India, and the National Portal Scholarship for minorities, alongside its own scholarships such as the AC Scholarship for needy students.
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 By Collegedunia’s Personal AI

The New College Chennai Master of Commerce [M.Com] Ranking

The New College Chennai Commerce ranking by Outlook is 100 out of 140 in India in 2024 and it was ranked 113 out of 145 in India in 2023. The New College Chennai Commerce ranking by India Today is 110 out of 160 in India in 2020. The New College Chennai Commerce ranking by The Week is 44 out of 50 in India in 2020

Outlook Ranking

#100 out of 140 in India 2024 
#10th in Chennai

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