Eligibility for MCOM (Semester System)
The duration of the course shall be two academic years. Each year shall be divided into two semesters. There are total four semesters in MCom Each semester lasting six months consists of five papers. Each paper is of 100 marks (Written Test-80 marks and Internal Assessment-20 marks). In addition to this, Summer Training Report is to be submitted by the students after 2nd Semester. There is comprehensive Viva Voce based on all the four semesters at the end of the 4th Semester. Admission to MCom is based on merit. The admission will be done strictly according to Panjab University rules.
The minimum qualification for admission to the first semester of the course shall be:
a) A Bachelor's degree in Commerce with not less than 45% marks in the aggregate.
b) BCom (Hons.) degree with not less than 45% marks in the aggregate.
c) A graduate with Honours in Economics or,Mathematics or Statistics or Commerce with not less than 45% marks in the aggregate.
d) A graduate with 50% marks in aggregate having offered either Economics , Mathematics, Statistics or Commerce as a subject in the examination.
Provided that in case of candidates having Bachelor's degree of the University through Modern Indian Languages Hindi / Urdu / Punjabi (Gurumukhi Script) and/or in a Classical Language (Sanskrit / Persian / Arabic) or a degree of any other University obtained in the same manner recognised by the Syndicate 50% marks in the aggregate shall be calculated by taking into account full percentage of marks in all the papers in Language excluding the additional optional paper, English and the elective subject taken together.
e) An associate of the (i) Institute of Chartered Accountants of India or England or (ii) Institute of Cost and Works Accountants of India or England.
f) A pass in the final examination conducted by the Institute of Company Secretaries of India or any other qualification recognized by the Syndicate for this purpose.
Provided that a candidate who seeks admission on the basis of qualifications mentioned in (c) (d) and (f) above shall be required to qualify within one year from the date of admission (either with Semester I examination in two papers on (i) Commercial and Taxation Laws, and (ii) Accounting and Auditing in accordance with the Syllabus as may be prescribed, by the Senate.
Further that the maximum marks shall be 100 in each paper and the pass marks shall be 35% as in BCom examination. There shall be no internal assessment in these papers and marks in these papers will not be counted for the semester examination.
The students of the college who have passed MCom -I are eligible to join MCom II Course Scheme- Each paper will be of 100 marks.