About Master of Commerce [M.Com]
The Master of Commerce (M.Com) at Government College of Arts, Science and Commerce, Quepem (GCQ) is a 2-year full-time postgraduate programme affiliated to Goa University and offered under the Goa Business School framework. The programme spans four semesters and is designed to equip students with advanced knowledge in commerce, finance, business economics, research methodology, and managerial skills. With a seat intake of 30 at GCQ, the total annual fees are Rs. 15,795, making it one of the most affordable M.Com programmes in Goa. Admission is based on the GU-ART (Goa University Admissions Ranking Test), and the programme is popular among commerce graduates seeking academic depth, teaching careers, or higher research pursuits.
Admissions for the 2026-27 academic year are currently in progress. The GU-ART Round I was conducted in March 2026, and results were declared on 2 April 2026. Physical counselling for seat allotment at affiliated colleges including GCQ is expected to be notified on the Goa University website. Students who have been allotted seats are required to pay a Seat Confirmation Fee of Rs. 10,000 online via the Samarth portal. Batch commencement is expected in July 2026.
Key Points
- The M.Com programme at GCQ is specifically designed for non-working/regular students and follows the Goa University curriculum under the Choice Based Credit System (CBCS).
- The Department of Post Graduate Studies and Research in Commerce at GCQ actively updates course content to align with industry requirements and uses modern teaching methodologies including ICT tools.
- The college is NAAC A-grade accredited and is a government institution, ensuring highly subsidised fees compared to private colleges offering M.Com in Goa.
- GCQ's M.Com is one of the few government college PG programmes in South Goa, making it a preferred choice for students from Quepem, Sanguem, Canacona, and surrounding talukas.
- Students completing M.Com from GCQ are eligible to pursue B.Ed. (Commerce) through GU-ART, opening a direct pathway into the teaching profession.
GCQ M.Com Fees
Fee Structure
| Fee Component | Amount (Rs.) |
|---|---|
| Tuition Fees | ₹7,555 |
| Registration/Enrolment Fee | ₹730 |
| Gymkhana, Student Union, ID Card Fee | ₹640 |
| Student Aid Fund | ₹190 |
| Laboratory/Computer Fee | ₹1,205 |
| Annual Internet Fee | ₹675 |
| Annual Library Fee | ₹695 |
| Caution Deposit (Refundable) | ₹2,605 |
| Other College Charges (Cultural, PTA, Magazine, IT, etc.) | ₹1,500 (approx.) |
| Total Annual Fees | Rs. 15,795 (approx.) |
- The Caution Deposit of Rs. 2,605 is fully refundable at the time of leaving the programme.
- Fees are subject to revision as per Goa University and Directorate of Higher Education, Government of Goa notifications.
- SC/ST students are exempt from tuition fees as per the Government of Goa reservation policy.
- Examination fees are collected separately each semester and are not included in the above.
- All fees are to be paid at the time of admission. The method of payment is communicated during counselling.
- Refund policy: 100% refund if withdrawal is 15 days or more before the last date of admission (subject to 5% processing charge deduction, max Rs. 1,000); 90% if less than 15 days before last date; 80% if within 15 days after last date; 50% if 15-30 days after last date; 0% if more than 30 days after last date. Caution Deposit is refunded in full.
GCQ M.Com Admission 2026-27
GCQ M.Com Admission Dates
| Event | Date |
|---|---|
| GU-ART Online Application Opens | 4 February 2026 |
| Last Date to Submit GU-ART Application | 26 February 2026 |
| Change of Discipline Test (CDT) | 9-10 March 2026 |
| GU-ART Round I Test Dates | 7, 8, 14, 15, 22 March 2026 |
| GU-ART Round I Result Declaration | 2 April 2026 (Tentative) |
| Physical Counselling for Seat Allotment | To be notified on Goa University website |
| Seat Confirmation Fee Payment | After counselling allotment (online via Samarth portal) |
| Batch Commencement | July 2026 (Tentative) |
GU-ART Exam Details
| Exam Detail | Information |
|---|---|
| Exam Name | GU-ART (Goa University Admissions Ranking Test) - Commerce |
| Conducting Body | Goa University |
| Mode | Offline (Goa University candidates); Online (Other University candidates) |
| Duration | 90 minutes |
| Pattern | 50 MCQs x 2 marks each = 100 marks; Negative marking: -0.5 per wrong answer |
| Application Fee | Rs. 750 (General/OBC/EWS); No fee for PwD candidates |
| Test Centre | Goa University Campus, Taleigao Plateau, Goa |
| Common GU-ART | Conducted jointly for M.Com and Post Graduate Diploma in Banking and Finance |
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Candidates must have passed B.Com / BBA / BBA (Financial Services) from Goa University or any other recognised university.
- A minimum of 40% aggregate marks in the qualifying examination is required.
- Candidates in the final year of graduation are also eligible to apply provisionally; admission is confirmed after UG results are declared.
Admission Process
- Apply online through the Goa University Samarth portal (unigoaadmission.samarth.edu.in/2026).
- Appear for GU-ART in the relevant subject (Commerce).
- Candidates from disciplines other than B.Com/BBA must additionally qualify the Change of Discipline Test (CDT) with a minimum of 50% marks.
- Merit list is prepared based on GU-ART rank; physical counselling is held at Goa University campus for programmes offered at multiple affiliated colleges.
- Pay Seat Confirmation Fee of Rs. 10,000 online after seat allotment.
- Complete admission formalities and pay remaining fees at GCQ.
- Minimum 75% attendance is mandatory each semester to be eligible for Semester End Examinations.
GCQ M.Com Scholarships 2026-27
Scholarship Details
| Scholarship | Eligibility | Amount/Benefit |
|---|---|---|
| Post Matric Scholarship for SC/OBC Students (Govt. of Goa) | SC/OBC students who have passed the last qualifying examination | Full/partial fee waiver + maintenance allowance as per government norms |
| Rajiv Gandhi Shiksha Sahaya Yojana | Economically backward students; parental income up to Rs. 4,000 p.a.; min. 45% marks; Goa resident | Financial assistance for education expenses |
| Scholarship for Handicapped Students (Govt. of Goa) | Minimum 40% disability; min. 45% marks in previous exam; parental income up to Rs. 25,000 p.a. | Financial assistance |
| Merit Scholarship for Children of School Teachers | Children of working teachers with first class at SSC; parental income below Rs. 25,000 p.a. | Merit-based financial assistance |
| GCQ Merit Scholarship | Top 3 students in each class with minimum 60% marks | Cash prize/scholarship each term |
| Students' Aid Fund (GCQ) | Poor students; parental income up to Rs. 25,000 p.a.; not receiving other scholarships | Up to Rs. 1,500 per annum for fees/books |
| National Scholarship Portal (NSP) - Central Schemes | SC/ST/OBC/Minority/EWS students as per central government norms | As per scheme guidelines |
| Freeship for Children of Ex-Servicemen/Freedom Fighters | Wards of ex-servicemen or freedom fighters | Fee concession as per government rules |
- Scholarship applications are to be submitted as per notices displayed on the college notice board and the National Scholarship Portal (scholarships.gov.in).
- SC/ST students are exempt from tuition fees at GCQ as per the Government of Goa reservation policy.
- Students availing reserved category or minority scholarships must pay fees at the college office first and then claim reimbursement as per the applicable scheme.
- Only one student per family is entitled to the Post Matric Scholarship for SC/OBC.
GCQ M.Com FAQs
Ques. Is GU-ART compulsory for M.Com admission at GCQ, or can I get admission based on my B.Com marks alone?
Ans. GU-ART is mandatory for all M.Com admissions at GCQ and all Goa University affiliated colleges. Your B.Com percentage is only used to determine eligibility (minimum 40% aggregate required). The actual merit list and seat allotment are based entirely on your GU-ART rank. Even if you have scored very high marks in B.Com, you must appear for and perform well in GU-ART to secure a seat. The GU-ART for Commerce is a 100-mark MCQ paper of 90 minutes with negative marking.
Ques. Can a BBA graduate apply for M.Com at GCQ, or is it only for B.Com students?
Ans. Yes, BBA and BBA (Financial Services) graduates are eligible to apply for M.Com at GCQ directly without needing to appear for the Change of Discipline Test (CDT). Graduates from other disciplines (e.g., B.A., B.Sc.) who wish to apply for M.Com must qualify the CDT with a minimum of 50% marks before appearing for GU-ART. The CDT is conducted prior to the GU-ART and tests basic commerce knowledge.
Ques. What is the seat intake for M.Com at GCQ, and how competitive is the admission?
Ans. GCQ has a sanctioned intake of 30 seats for M.Com, with reservations for SC (1), ST (4), OBC-NCL (8), PwD (2), Other University (2), Ex-Servicemen (0), Unreserved (10), and EWS (3). Given that M.Com is offered at multiple Goa University affiliated colleges and the total seats across all colleges are substantial, competition is moderate. However, GCQ being a government college with very low fees (approx. Rs. 15,795/year) makes it highly sought after, especially among students from South Goa.
Ques. Is the M.Com programme at GCQ available for working professionals or part-time students?
Ans. No. The M.Com programme at GCQ is strictly a full-time, regular programme designed for non-working students. Employed candidates can be admitted only if they produce a No Objection Certificate from their employer. The programme requires regular attendance, with a mandatory minimum of 75% attendance in each subject each semester to be eligible for Semester End Examinations. Students who fail to meet attendance requirements must re-seek admission in the subsequent academic year.
Ques. What career options are available after completing M.Com from GCQ?
Ans. M.Com graduates from GCQ typically pursue careers in teaching (eligible for B.Ed. Commerce via GU-ART), banking and financial services, accounting and auditing firms, government jobs (SSC, UPSC, Goa PSC), and further research (Ph.D. in Commerce). Many students also pursue professional certifications like CA, CMA, or CS alongside or after M.Com. The Goa government sector and local banking institutions are common employers for M.Com graduates from GCQ.
Ques. What is the refund policy if I get admission at GCQ but later decide to join another college?
Ans. Goa University follows a five-tier refund policy. If you withdraw 15 days or more before the formally notified last date of admission, you receive a 100% refund (minus a processing charge of 5% of fees paid, subject to a maximum of Rs. 1,000). Withdrawal less than 15 days before the last date gives 90% refund; within 15 days after the last date gives 80%; between 15-30 days after the last date gives 50%; and more than 30 days after the last date results in 0% refund. The Caution Deposit of Rs. 2,605 is always refunded in full regardless of when you withdraw.