Master of Commerce (M.Com) at Lovely Professional University (LPU)

Overview:

Lovely Professional University (LPU) offers a Master of Commerce (M.Com) program designed to provide advanced knowledge and skills in commerce, finance, and business management. The program aims to prepare students for professional roles in various sectors, including business, finance, academia, and research.

Key Highlights of the M.Com Program:

Program Duration:

  • Two years (four semesters)

Eligibility Criteria:

  • Educational Qualifications: Candidates must have a Bachelor’s degree in Commerce (B.Com) or an equivalent degree from a recognized university.
  • Minimum Marks: Candidates must have obtained a minimum of 50% marks in their qualifying examination. (Relaxation may be provided for reserved categories as per university norms.)

Specializations:

  • Finance
  • Accounting
  • Marketing

Course Structure:

  • Core Courses: Advanced Financial Accounting, Corporate Tax Planning, Financial Management, Business Research Methods, Managerial Economics, Corporate Laws, and more.
  • Elective Courses: Based on the chosen specialization.
  • Dissertation/Project Work: Research project or dissertation in the final semester.

Teaching Methodology:

  • Lectures
  • Case Studies
  • Group Discussions
  • Projects
  • Internships
  • Workshops
  • Seminars

Co-curricular Activities:

  • Participation in commerce clubs and societies
  • Seminars and workshops by industry experts
  • Industry visits
  • Competitions and cultural events

Admission Process:

Online Application:

  • Fill out the online application form available on the LPU website, providing personal and educational details, and paying the application fee.

Entrance Exam:

  • Some candidates may need to appear for an entrance exam conducted by the university to assess their knowledge and aptitude in commerce.

Merit List:

  • Based on entrance exam results and/or academic records, the university will prepare a merit list of eligible candidates.

Counseling:

  • Shortlisted candidates will be invited for a counseling session, where they will provide original documents for verification and choose their preferred course and specialization.

Admission:

  • Complete the admission formalities, pay the admission fee, and submit required documents to secure admission.

Syllabus Overview:

First Year:

  • Advanced Financial Accounting
  • Corporate Tax Planning
  • Financial Management
  • Managerial Economics
  • Business Research Methods
  • Corporate Laws
  • Elective Courses (based on chosen specialization)

Second Year:

  • Strategic Management
  • Advanced Auditing
  • International Business Environment
  • Advanced Cost Accounting
  • Elective Courses (based on chosen specialization)
  • Project work/Dissertation

Career Opportunities:

Graduates of the M.Com program can pursue careers in:

  • Accounting and Auditing
  • Financial Services
  • Corporate Finance
  • Taxation
  • Teaching and Research
  • Consulting
  • Banking
  • Government Services

Potential Job Roles:

  • Financial Analyst
  • Tax Consultant
  • Auditor
  • Corporate Accountant
  • Finance Manager
  • Research Analyst
  • Business Consultant
  • Lecturer/Professor

Frequently Asked Questions (FAQs):

Question: What is the duration of the M.Com program at Lovely Professional University?

  • Answer: The M.Com program is two years, divided into four semesters.

Question: What is the eligibility criteria for admission to the M.Com program at Lovely Professional University?

  • Answer: Candidates must have a Bachelor’s degree in Commerce (B.Com) or an equivalent degree with a minimum of 50% marks.

Question: What is the admission process for the M.Com program at Lovely Professional University?

  • Answer: The admission process includes an online application, an entrance exam (if required), a merit list, counseling, and completion of admission formalities.

Question: What specializations are offered in the M.Com program at Lovely Professional University?

  • Answer: Specializations include Finance, Accounting, and Marketing.

Question: What are the career options after completing an M.Com degree from Lovely Professional University?

  • Answer: Graduates can pursue careers in accounting and auditing, financial services, corporate finance, taxation, teaching and research, consulting, banking, and government services.
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