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Online M.Com, or Master of Commerce, is a college degree that is completely given online and focuses on business, accounting, management, and economics-related topics. Anyone who wants to move up in their job in banking, finance, accounting, or business but can't go to regular, in-person classes because of work, distance, or other issues can get this degree.

Typical courses in online M.Com programmes include advanced accounting and finance, business management, taxes, economics, business law, statistical analysis, and more. To give students a complete understanding of business and management concepts, these programmes give them the tools they need to deal with difficult financial and management problems in the business world.

Online M.Com programmes should have the following features:

  • Access to course materials, attending classes, and doing homework on your own time makes it easier for students to balance school with work or personal obligations.
  • Accessibility: Because it's online, there are no physical limits on who can join and gain from the programme.
  • Learning that is engaging: To improve learning and interest, many programmes offer conversation boards, real-time projects, and interactive meetings.
  • Career Advancement: It's meant to help workers move up in their careers by improving their business acumen and credentials.


As a requirement for entry, most online M.Com programmes want applicants to have a Bachelor's degree in Commerce (B.Com) or a similar area. Graduates can work in banks, financial services, accounting, audit firms, corporate finance, and many other fields, based on their area of interest and specialisation.


Why Online M.Com?

Are you a working adult or a recent business graduate who wants to get a master's degree? A web-based MCom course could help you with this. You can learn difficult topics in this master's programme that is open enough to let you keep your job or other personal obligations. Some of the main reasons why getting your M.Com online is so popular are shown below.

  • High Flexibility: This online PG programme gives students and working workers a lot of freedom in how they learn, which works well for their busy routines.
  • Easy on the wallet: The main reason this online programme is so popular is that it has lower fees than the normal one.
  • Career Advancements: Having an advanced degree on your resume not only shows that you know more, but it also helps you move up in your company.
  • A rise in pay: Getting an online master's degree in business will help you get better job options, which will lead to a 40–50% rise in pay.
  • Networking with people from all over the world: Universities have set up online sites and places for students and teachers to talk to each other. These let you meet with classmates, graduates, and experts in the field from all over the world. This helps you choose a job that fits you by growing your business network.
  • Praised by Top Firms: This online master's programme teaches you both academic ideas and how to use them in real life through work experience. This mix of learning about ideas and using what you've learned makes online MCom grads a top choice for employers.
     


Key Highlights of Online M.Com

  • An online master's degree in commerce (M.Com) is earned through online or virtual classes. This master's degree will allow you to continue your education without going to classes in person (home mode).
  • The kids in this class will learn the financial ideas and skills that will help them run a business.
  • This class gives students a lot of freedom with their schedules, so they can go to lessons whenever it works best for them.
  • The LMS site has a current course outline, taped lessons, and digitalized academic tools that you can use to learn more about money at your own pace and from anywhere in the world.
  • The online MCom course lasts for two years, which are broken up into four quarters.
  • The average fee for an online MCom study is between Rs. 30,000 and Rs. 1,00,000, based on whether you get it from the government or a private company.
  • Online MCom is open to everyone who wants to apply, even people from other countries, but there are some extra requirements that applicants must meet.
  • To get a Masters in Commerce, you need to be a college graduate, ideally with experience in commerce.
  • With the same industry approval that you'd expect from a regular MCom programme, an online MCom will help you learn more, advance your job, and boost your accomplishments.
     

Online M.Com Course Syllabus

This online program's course format covers a wide range of topics, from the most basic to the most complex. If you choose a different university, these topics may be different. However, this is the general online MCom course schedule, to give you an idea.

Semester I Semester II
Research Methodology Microfinance Management
Marketig Management International Financial Reporting Standards
Quantitative Techniques Research Methods adn Statistics
Business Environment and Regulatory Framework Marketing Management
Managerial Economics Advanced Financial Management
Professional Business Communication Advance Corporate Accounting
Financial Reporting & Analysis -----
Semester III Semester IV
Family Business Management Business Finance
Security Analysis and Portfolio Management Corporate Social Responsibility
Entrepreneurship  Capital Market an Financial Services
Research Project Report Digital Marketing
Supply Chain and Logistics Management Tax Planning and Procedure

In this online programme, students learn about these academic topics as well as how to use what they've learned by working on projects related to the industry. Case studies from real life in the business world are used as inspiration for these projects. These studies help students understand the kinds of problems they will face on the job.


Top Specialization in Online M.Com

There are a lot of different specialisations you can choose from for your online MCom. Here is a list of the best ones that will help you reach your job goals faster.

Online M.Com in Fintech Online M.Com in International Finance
Online M.Com in Financial Markets Online M.Com in Finance and Accounting

 

Other Information about Online M.Com

Specifications Regular M.Com Distance M.Com Online M.Com Part-Time M.Com
Flexibility Level None Low High Moderate
Location Constraints Yes Yes No  May or may not be there
Fee Range High Low Affordable Affordable
Technological Advancements in Learning Moderate  Low High Moderate
Induatry Exposure Mostly domestic with limited international opportunities Mostly Domestic Global Global
Industry Acceptance Very High Equivalent to regular M.Com Equivalent to regular M.Com High
Course Duration  2 years 2-4 years 2-4 years 2-4 years
Class Schedule Daily Fixed Timings Flexible Flexible with certain class timings

 

Online M.Com Eligibility

Those who want to get their MCom online must meet the following requirements:

  • They must have a bachelor's degree from a recognised university.
  • The applicant must have gotten between 45% and 50% overall in their bachelor's degree.
  • Those who want to take an online MCom study must know what they're doing (it helps if they have a background in maths or commerce).



Online M.Com Duration
The full content of an online M.Com programme is split into 4 quarters, and the programme lasts for 2 years. The online programme, on the other hand, can last up to 4 years. This makes it open and good for working people.
 

Skills Required for Online M.Com

A useful master's degree, such as an online MCom, is not enough to build a long-lasting and important job in finance. You also need to have some basic skills. Here is a short list of these skills to help you figure out how good you are at them.

  • Simple Mathematical Foundation: As a business graduate, you need to know a lot about simple maths. More difficult topics will be easier and faster to understand if you do this.
  • Know how to use Microsoft Excel: MS Excel is a basic programme that all workers can use, but it is especially important for business graduates. If you're not an expert, you should at least know how to use simple Excel techniques that make your work much easier.
  • Familiar with Accounting Software: Since you have a degree in business, you must have heard of or used a lot of accounting software, such as Tally, SAP, Quickbooks, and others. In the long run, it will help your job if you fully understand how they work.
  • Communication Skills: Every worker needs to have simple speaking and nonverbal communication skills. You can easily get your work done because you are good at bargaining and persuading people.
  • Team management skills: If you want to get a job as a manager or head of a department after getting an online MCom degree, you need to be able to lead others. This will help you handle your coworkers and make quick choices that are good for the company.
  • Ability to solve problems quickly: Having a strong presence of mind makes it easier to solve problems quickly, which is useful in both personal and business situations. As a financial expert, you need to be able to think on your feet to deal with the many problems your clients come up with.
  • Number-crunching skills: If you want to take an online MCom programme and build your job in business, you need to be very good with numbers. You will get ahead of the others because you know a lot about managing data, taxes, money, and banks.
     

Online M.Com Entrance Exams

The best thing about getting an online M.Com is that most of the time, you don't have to take an entry test. This means that anyone who wants to work in business can access and complete this online PG programme. It is possible to get into some colleges without taking an entrance exam, even though direct entry is an option. So, you should look into how to get into your university before making up your mind. For the M.Com programme, the following is a list of typical tests that are usually offered or looked at by universities:

Banaras Hindu University Postgraduate Entrance Test (BHU PET) Panjab university Common Entrance Test (PU CET)
Suresh Gyan Vihar University Entrance Exam (GVSAT) Delhi University Entrance Test (DUET)
Uttaranchal University Entrance Examination (UUEE) Common University Entrance Test (CUET) PG

 


Online M.Com Academic Fees

It's not always the same price for each school because universities change the prices almost every year. In order to get a clear picture of the fees, one must check the university's official website before beginning the admissions process.


Online M.Com Admission Procedure

For those who want to join the online M.Com programme, there are some things you need to do first. Once you've done that, you can move on to the next steps in the admissions process, which are listed below.

  • To learn more about the course and start the application process, go to the university's website.
  • Use your email address and phone number to sign up as a new user.
  • Fill out the registration form and keep it safe.
  • Put digital copies of the papers the university needs on the website so they can check them.
  • Also, you need to pay the school fee using any method listed on the website, such as Net Banking, UPI Payment, Demand Draft, and so on.
  • Finally, once the university has looked over your application and decided to accept it, you will get a proof email.

The approval email will have your LMS details and student registration number in it, which you can use right away to get to the digital school tools.


Job Opportunities For Online M.Com

With an online M.Com degree, you can go into a lot of different business areas. People with this degree can apply for jobs as a financial manager, accountant, audit officer, business analyst, and more at top companies, MNCs, banks, and finance hubs.

Students can take courses like CA, CS, FMS, or any other similar courses while they are getting their degree or after they finish as part of their higher education. Once students finish the online MCom study, they can expect to get a good pay of around 4 LPA to 6 LPA, which goes up even more with years of experience.

After getting an online M.Com, there are a lot of work possibilities in the business and banking fields. After finishing this school, students can also go into banking and other similar areas. Here is a list of jobs that you can get after getting an online MCom:

Stock Broker Finance Manager 
Operation Manager Investment Banker
Corporate Banaker Business Analyst
Accountant Assistant Accountant
Executive Assistant Finance Analyst
Business Consultant Corporate Analyst


 


Top Recruiters for Online M.Com

Advanced and industry-relevant coursework in an online MCom degree can help you look for work even at the biggest multinational companies.

With this master's degree, the starting salary at these companies is 4 LPA, and it goes up as you gain experience and information. With this professional degree, you also get a job guarantee that protects your long-term work in this area.
 

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