What should I do after completing M.Com among MBA and Ph.D?

PhD gives values and MBA gives earnings, so you have to decide yourself. Both have different careers.

If you really want yourself to be apart from common working professionals then go for both, you will have an awesome future, and if you want to opt then go for PhD because MBA is more common, and PhD gives more respect and value in the society. However, if you don't like research then don't go for P