Kamaldeep
27 January, 2025
Table of Contents
Are you dreaming of being a maestro of commerce and finance? Meet the almighty M.Com. degree – your ticket to the top taxes, capital, and economic dynamics. It is a two-year (depending on the college) postgraduate degree programme for individuals interested in accountancy and commerce and the BFSI (banking, financial services, and insurance) industry. The programme focuses on core areas of capital, trade, taxes, revenue, and economic functioning. Today, you have got an even better option! You can unlock this treasure without stepping into a traditional classroom. The online M.Com programme is here to save the day. It is incredibly flexible, enabling students to pursue careers in various industries. If you are interested in finance and want to learn about finance and commerce in detail, an online M.Com course can be a good fit for you.
Many students cannot commute to college premises to get an M.Com. degree. Therefore, enrolling without going to college is easy with the M.Com. by online education programmes. Read the blog further to learn why you should pursue an online/distance M.Com. course, the list of top colleges offering it, eligibility, admissions, and more.
Online M.Com courses are highly recommended for individuals like working professionals and students without access to college campuses. The online programme comprises live classes, recorded videos, online tests, and live online doubt sessions.
Course Name | Details |
---|---|
Course Name | Master of Commerce (M.Com.) |
Duration | 2 Years |
Education Mode | Online |
Eligibility Criteria | Graduate degree in Commerce |
Top Colleges | LPU Online, Amity Online, Jain Online, Chandigarh University |
Job Opportunities | Senior Account Executive, Accountant, Operations Manager, Financial Analyst, Account Executive, Finance Manager, Senior Accountant |
Average Salary | INR 6 LPA – INR 9 LPA |
Online M.Com. degrees are highly in demand due to the financial benefits they offer to students. The digital transformation of commerce is happening faster than ever in today’s digital world. It is now more important than ever for professionals hoping for career advancement in the competitive field of business to pursue an M.Com degree. There’s been a noticeable increase in demand for online M.Com courses in India, where the digital revolution has been most noticeable.
Therefore, online M.Com degree courses allow students to pursue their education without geographical constraints, and students can enhance their career opportunities through these online courses.
Aspiring candidates aiming for online M.Com courses must attain a minimum qualifying score in their bachelor’s degree. Eligible applicants must hold a Bachelor of Commerce (B.Com) degree from a reputable institution, typically necessitating a minimum of 50% marks.
The admission process for M.Com programmes is divided into two bases: merit-based admissions and entrance examination-based admissions.
Admission Type | Description |
---|---|
Merit-Based Admissions | Numerous universities opt for a merit-based approach in selecting candidates for their M.Com programmes. Under this system, applicants are evaluated based on their academic credentials and suitability for the M.Com curriculum outlined by the respective institution. |
Entrance Examination-Based Admissions | Admission to an online M.Com degree may also depend upon clearing entrance examinations conducted by various institutes. These entrance tests serve as a means to assess the applicant’s aptitude and proficiency in relevant subjects. Candidates who successfully pass these examinations are then considered eligible for enrolment in the M.Com course of their choice within the institution. |
The eligibility criteria for an online M.Com. courses differ according to different colleges. However, the average eligibility criteria are:
Here is the list of the top 5 online M.Com colleges:
College Name | Particulars |
---|---|
Amity University Online |
Accreditations: UGC-DEB, AICTE, NAAC A+, NIRF Rank 32 (University category) Eligibility: Fresh graduates or final-year students seeking a career in the finance domain. Graduation degree of 3 years or 4 years degree programme only would be acceptable, diploma would not be acceptable. Fee Structure: INR 1,20,000 (course fee) |
Manipal University Jaipur (MUJ) |
Accreditations: UGC-DEB, AICTE, NAAC A+, NIRF Rank 64 (University category) Eligibility: Candidates must have completed a 10+2+3-year bachelor’s degree from a recognised university/institution or an equivalent qualification recognised by the Association of Indian Universities. Candidates must have a minimum of 50% marks in aggregate in graduation (45% for reserved categories). No work experience is required. Fee Structure: INR 1,08,000 (course fee) |
LPU Online |
Accreditations: UGC-DEB, AICTE, WES, NAAC A++, NIRF Rank 27 (University category) Eligibility: A bachelor’s degree (in commerce, management, economics, accounts, or math/economics as one of the subjects/ courses) or equivalent. Fee Structure: INR ₹ 1,00,000 (Total Fee) |
Jain Online |
Accreditations: UGC-DEB, AICTE, NBA, NAAC A++, NIRF Rank 65 (University category) Eligibility: Must have passed undergraduate of at least 3 years in any stream from a UGC-recognised university. Candidates in the final semester of the bachelor programme are also eligible to apply for the online M.Com courses. Fee Structure: INR 45,500 to 2,60,000 (depending upon the specialisation) |
Kalinga Institute of Industrial Technology |
Accreditations: UGC-DEB, AICTE, NAAC A++, NIRF Rank 15 (University category) Eligibility: Any graduate from a recognised university Fee Structure: INR 72,000 |
The average online M. Com degree programme lasts 2 years and includes 4 semesters. The list of subjects included in the semesters is given below.
Semester | Subjects |
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Semester 1 |
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Semester 2 |
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Semester 3 |
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Semester 4 |
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Upon completing an online M.Com degree course, numerous career opportunities unfold in the private and public sectors. Opportunities abound across various domains, including commercial banks, government institutions, civil services, and academia. The prospects for pursuing advanced degrees in M.Com are promising, both domestically in India and internationally. In India, the scope of the Master of Commerce is dependent upon specialisation and market demand, resulting in competitive pay scales for graduates. Some of the job roles that M.Com. degree holders can explore include:
Career Opportunities | Average Salary Package |
---|---|
Risk Analyst | INR 7 LPA |
Management Consultant | INR 25 LPA |
Finance Analyst | INR 12 LPA |
Account Assistant | INR 4.2 LPA |
Auditor | INR 10 LPA |
Operations Manager | INR 21 LPA |
Senior Account Executive | INR 7.5 LPA |
For commerce professionals in India, the introduction of online M. Com courses marked the beginning of a new era of accessibility and opportunity. Pursuing an online M.Com. The course may be a life-changing experience for anybody, be they a fresh graduate who wants to start their career, an experienced professional looking to upskill, or an ambitious entrepreneur with big dreams for success. Through technology, teamwork, and creativity, online Master of Commerce programs enable people to reach their maximum potential and prosper in the ever-changing business environment. Start with looking for online M. Com. opportunities and continue with the journey in a professional environment.
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