No command MCC found

I am trying to create an executable using Matlab 2013a in Ubuntu 14.04, and after some research, I understood the following command, creates the executable

        mcc -mv matlabfile.m

However, when I run this command, I get following error

        No command 'mcc' found, but there are 33 similar ones
        mcc: command not found

Is this an error due to Matlab installation or should I include the compiler into any path variable, so that I can access it using the command mcc.? How do I solve this?

[Harsheel]

It doesn't seem like you have MATLAB Compiler installed? What is the output of typing:

>> ver