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The online Master of Commerce programme offers a comprehensive exploration of advanced business concepts, equipping students with a thorough understanding of commerce, finance, and management. This programme also focuses on honing critical thinking, analytical, and decision-making skills which prepares graduates for leadership roles in diverse sectors. With a focus on practical application, students engage with real-world case studies and industry-relevant projects. The online Master of Commerce course is a dynamic platform for career growth, empowering individuals to thrive in the ever-evolving landscape of global commerce.
Amidst the changing economic atmosphere and business environment, commerce has become a lucrative field with a dire need for competent professionals to adopt the new trends in the market. Therefore, pursuing online Master of Commerce (M.Com) programme at this juncture will benefit you in many ways:
Career AdvancementM.Com is a highly sought-after profession which is required in almost every sector. The programme also equips students with the knowledge and skills necessary for leadership roles and ensures a higher earning potential.
Enhanced Knowledge and SkillsWhat you may have learned in your bachelor's programme was just the overview but, the curriculum of M.Com programme is vast and covers the practical implications of every subject. This will equip you with skills and knowledge required by recruiters, thus making you job ready.
Increased Career Flexibility As commerce is vast field, several career prospects open up for you post completion of this degree. With master's degree you can even negotiate for higher salary package and a high rank position that your previous designation.
Earn While you LearnWith the flexibility of online learning, you can continue to experience the nitty-gritty of the industry while expanding your academic credentials. This is a great to practically understand the concepts learned in the class and being able to apply them in real-time at work.
Affordability If you have a tight budget or simply don't want to spend much on your master's degree then online M.Com is right fit for you. Compared to regular in-campus programmes, online courses have low fee structure and you won't have any travel or relocation expenses.
The candidates who wish to pursue online M.Com programme, should thoroughly check the eligibility criteria for every college/university. The general eligibility criteria for this programme is:
A candidate who has completed 10+2 followed by 3-year bachelor's degree programme is eligible to apply.
He/she must have passed his last education with a minimum of 50% marks. The minimum marks criteria may vary for reserved category candidates.
Although it is not mandatory for a candidate to have bachelor's degree in the same field but, he/she should have the basic knowledge of the field and its related concepts.
The admission is done on rolling basis with a fixed deadline for the submission of the application. The admission calender and strcuture is different for each university. Nonetheless, below mentioned is a general overview of the admissions process followed largely:
Fill out the application form with accurate information.
Attach all the essential documents with your recent photograph.
Pay the application fee and the course fee.
To shortlist the candidates, the college will verify your documents.
A final confirmation will be sent to accepted candidates.
The admission is done on rolling basis with a fixed deadline for the submission of the application. The admission calender and strcuture is different for each university. Nonetheless, below mentioned is a general overview of the admissions process followed largely:
Academic Documents
Government ID proof
Work Experience
Passport size photographs
Choosing the right specialisation for your online Master of Commerce (M.Com) degree is crucial for your future career success and personal satisfaction. Here are some reasons why it matters:
Specialising in a particular field makes you a subject matter in that area, making you more competitive in the job market. Employers often seek individuals with niche skills, giving you an edge over others.
A candidate with niche skills and high-degree of knowledge base is always preferred by employers. This will land take you to better opportunities and lucrative salary package.
Choosing a specialisation early helps you map out your career path and focus your job search efforts on relevant opportunities. Participating in relevant internships, attending industry events, and networking with professionals within your chosen specialisation can help you build a strong career network and gain valuable experience.
Having a degree in a partcular area reflects your competency and potential to perform better than the ones with general idea of the concepts. It is an added advantage for you when applying for a job.
The syllabus of the online M.Com programme ranges from basic to advanced levels as you progress through the program. The subjects differ in every university and vary according to specialization. Below is a general course plan followed by most institutions:
| Semester I | Semester II |
|---|---|
| Managerial Economics | Advanced Financial Management |
| Quantitative Techniques | Research Methods and Statistics |
| Professional Business Communication | Microfinance Management |
| Research Methodology | Marketing Management |
| Business Environment & Regulatory Framework | Advance Corporate Accounting |
| Marketing Management | International Financial Reporting Standards |
| Financial Reporting & Analysis |
| Semester III | Semester IV |
|---|---|
| Entrepreneurship | Capital Market and Financial Services |
| Supply Chain and Logistics Management | Tax Planning and Procedure |
| Family Business Management | Business Finance |
| Research Project Report | Digital Marketing |
| Security Analysis and Portfolio Management | CSR |
| Specialisation Electives | Specialisation Electives |
Online M.Com paves your way for several job opportunities across various sectors of banking and financial services. Since finance and accounting professionals are required in every company, you have multiple job roles to apply for. Here are a few avenues you can explore:
| Job Roles | Job Description |
|---|---|
| Cost Accountant | A professional who is involved in calculating the cost associated with a particular service or any activity associated with it. They have to evaluate the overall profit and loss statement while preparing a budget. |
| Operations Research Analyst | Gathers financial data on a business's main operations, evaluates it to identify and address operational costs, and develops and implements solutions to improve efficiency, productivity, and cost-effectiveness. |
| Risk Manager | Identifies, analyzes, and mitigates risks that threaten the organization's financial health, develops and implements risk management strategies to minimize impact and protect assets and reputation. |
| Corporate Controller | Manages the organization's accounting and financial operations, prepares financial statements, manages budgets and forecasts, and ensures compliance with all applicable financial regulations. |
| Investment Banker | Helps individuals, organizations, government or other business entities to increase their capital by providing investment strategies and plans. They act as a bridge between the two parties. |
| Corporate Secretary | A skilled professional who has to monitor every aspect of the company's actions with respect to government rules and regulations. His day-to-day duties include filing tax returns, keeping records, and advising the higher management on the financial decisions of the company. |
| Internal Auditor | In this job role, the candidate has to oversee the internal affairs of the company. They have to evaluate sales, manufacturing, budget, growth, performance of the employee and other things. |
| Job Roles | Average Annual Salary |
|---|---|
| Cost Accountant | ₹ 7.2 LPA |
| Operations Research Analyst | ₹ 6 LPA |
| Risk Manager | ₹ 10.8 LPA |
| Corporate Controller | ₹ 22.5 LPA |
| Investment Banker | ₹ 12.2 LPA |
| Corporate Secretary | ₹ 8.2 LPA |
| Internal Auditor | ₹ 4.7 LPA |
| Course Name: | Online Master of Commerce (M.Com) |
| Course Type: | Postgraduate Degree Programme |
| Duration: | 2 Years |
| Mode of Learning: | Online |
| Fee Structure: | The average fee structure of online M.Com ranges between ₹ 6,000 to 1,50,000 |
| Average Salary Offered: | Depending upon the job and industry type, the average salary is between ₹7 to ₹ 10 LPA |
| Employment Roles: | Diverse across various industries, depending on the specialization |
| Examination Method: | Online |
