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