M.Com (Master Of Commerce) In Online/Distance Education – Course Overview
Online and Distance M.Com

M.Com (Master Of Commerce) In Online/Distance Education – Course Overview

What is Distance M.Com?

Always wanted to become a Banker or like to know about finances? Shares and Stock market exchange is an area of interest, then why not to become the Master’s in this field. Wants to do shares trading and ace in the stock market then you should have done at least specialization in a particular topic.

Distance M.com is Master’s in Commerce stream through distance learning. To get specialized in a particular field or subject one needs to enroll with the Masters’s degree after a bachelor’s degree with the same domain.

Even if you’re planning to do a doctorate or Ph.D. in the commerce field a Masters’s degree is a must. Many students join jobs after B.com degree with some of the MNC’s or private banks or in the education field.

But with just being a graduate you will get limited opportunities in terms of job promotion and salary increment. For that, at least you need to get a Masters’s degree. Distance M.com provides you the flexibility of doing a job as well as higher studies at the same time as there are no full-time classes.

One can take classes anytime they want. Now the education field is divided into two modes of education deliverance one is online which means distance or correspondence education and offline is regular-based learning where you need to attend regular classes as per minimum percentile attendance criteria varying from university to university.

Both Distance M.com and regular M.com have similar subjects. Distance M.com is the best for aspirants who are preparing for chartered accountant (CA), Company Secretary(CS) or ICWA, etc. they can do distance M.com side by side without getting disturbed and it also helps with the preparation and subject matter.

Distance M.com is also beneficial for the aspirants who somehow left the studies in between, and after a few years again like to pursue higher education can easily opt for distance M.com.

Mostly women face such issues due to some personal or family problems and then after a few years, they wanted to pursue again. Pursuing distance M.com after doing B.com opens the door for more opportunities in getting jobs and to get promotions in your current job profile. You can easily get a job in finance-related companies and later on can start-up your own business. Also, you could be a trade king.

Eligibility Criteria for Distance M.Com & Entrance Exam

The candidate needs to score a minimum of 50% aggregate in B.com or B.com Hons or equivalent from a recognized university. Some of the universities even consider students who have done their bachelor’s in Economics and Statistic, BFIA, BBS, and BBE with a minimum 60% aggregate from a recognized university Entrance examination for distance M.com varies from university to university, some take exams Or some have direct admissions.

Distance M.Com Specialization

M.com is a professional master’s course where you select a particular subject of your choice to get specialization. There are plenty of choices in terms of the subject to opt for a master’s degree. The options for the courses vary from university to university so for that you need to look into the topics and enroll with the best university which provides a similar course of your interest.

  • M.Com in Computer Applications
  • M.Com in Accounting & Finance
  • M.Com in Taxation
  • M.Com in Finance
  • M.Com in Human Resource Management
  • M.Com in Marketing

Distance M.Com Subjects

The curriculum of distance M.com is divided into 4 semesters in 2 years. Both distance M.com and regular M.com have similar subjects. You will get the vast knowledge of subjects that you had studied in B.Com. This vast knowledge will help you to step up your career. The main subjects are Accounting, Management, and Financial concepts.

For applying to distance M.Com the student must have a bachelorette degree of commerce with minimum marks of 50% from any recognized universities that will provide you the basic knowledge of commerce. Mention below the subjects which you’ll be learning during the distance M.com course. Give it a read and get the idea of the subjects.

First Year Subjects Second Year Subjects
Accounting for Managerial Decision Strategic Management Corporate Tax Planning International Finance
Commercial Bank Management Management Concept Economics of Global Trade & Finance Investment Management
Corporate legal Environment Financial Markets Statistical Analysis Marketing Management
E-Commerce International Finance Corporate Financial Accounting Computer Application in Business
Organizational Behavior Research Methodology in Commerce

The fee structure for Distance M.com The fee for distance M.com varies from 6000 to 12,000 per annum into different universities accordingly. Similarly, the fee structure of government universities is a bit different from private universities.

Distance M.Com Scope, Top Companies & Salary

The distance learning universities not only provide knowledge, but they will also give you placement options. You need to get connected with your universities. As M.com is a master’s degree, it provides you a specialization in the particular role of the subject.

So after getting specialized in a domain you received great job opportunities with big names in the industry. Holding solely a bachelor’s degree will put a stopper to your career as you can’t apply to the higher posts.

Getting a Master’s degree will remove that stopper and gear up your career at a high. As the syllabus of distance M.com is similar to regular M.com so you’ll be getting the same job assistance.

You can upgrade your current job or can apply for higher posts in other companies. Job opportunities like banking professionals, Accounting, Consumer durable industry, telecom industry, Insurance, Automobile media, and Retail industry, etc.

Some of the top recruiting companies mention below:-

Many top companies are looking for MCom degree holders. Some of them are listed here:-

  • Yes Bank
  • Reliance
  • Nestle India
  • Snapdeal
  • Tata
  • Railway Recruitment board
  • State Bank of India
  • Cadbury India

The average package of M.com graduates ranges from Rs3lakh to Rs 7lakh per annum. It varies from university to university and over the caliber and capabilities of a student to crack the interview of big companies.

Some of the Top Job Opportunities

There are many job opportunities in which a Master’s degree in commerce holder can apply. Some of the popular job posts are mentioned here.

  • Assistant Accountant – The role of an Assistant Accountant is to assist the senior accountant and cooperate with the team. They have to perform reconciliation of accounts. They are in charge of collecting payments and invoices properly.
  • Audit officer-  The role of the audit officer is to implement the audit directions that are approved by the audit committee by boards of directors. They have to check the work of the company according to that directories and leadership to implement whole procedures to the company.
  • Teacher- The teachers holding the degree of M.Com can teach the subjects that they learn during their course. They can become the PGT at recognized schools or professors of the colleges based on their knowledge. They can apply for government jobs as a teacher after finishing the distance M.Com Course.
  • Account Executive-  The job of Account Executive is to handle the accounts. They are the interlink between the advertiser’s agency and the clients of the company. Their role is to understand the client’s behavior and help the advertising agencies to make the relatable campaigns.
  • Finance Analyst- The role of finance analyst to give financial advice to the organizations or the individuals. They can open their agencies. They analyze the financial accounts of the organizations for which they get paid.
  • Finance Manager- Financial managers have to manage all the financial transactions of the organizations. They execute the executive team by giving financial advice so that they can make the best decisions for the company.
  • Operation Manager- The role of the operation manager is to enact the right processes and policies for the organization. Their job is to make strategies, rules to improve the performance of the company.
  • Business Analyst- The business analyst analyzes the business aspects and advises the organization to improve its performance. They can open their agency to give business advice to individuals.

There are more job opportunities with the course distance M.com related to your skills and knowledge where you can apply.

Colleges & Universities for Distance M.Com

A large number of universities are providing distance education both government and private.

Here are some of the best universities for your reference:-

S.No. Top Colleges For Distance M.Com Location
1. Jaipur National University Rajasthan
2. Annamalai University Tamil Nadu
3. NMIMS Global Access for Continuing Education Mumbai
4. Karnataka State Open University Karnataka
5. Amity University Uttar Pradesh
6. University of Mumbai Mumbai
7. Alagappa University Tamil Nadu
8. Madurai Kamaraj University Tamil Nadu
9. Tamil Nadu Open University Tamil Nadu
10. Punjab University Panjab
11. Dr. BR Ambedkar Open University Ghaziabad
12. Kurukshetra University Haryana
13. Gujarat University Gujrat
14. Delhi University Delhi
15. Bharathiar University Tamil Nadu

Key Benefits of Distance M.Com

  •  You can upgrade your profile and resume with a master’s degree while doing a job.
  •  The distance M. Com degree is pocket-friendly as compared to the same regular course.
  •  You can pursue other exams such as CA, CWA, CSS while you will have a degree of M.Com.
  • While pursuing distance M.Com from open learning, one can pursue other courses too at the same time.
  • A Master’s degree gives you a boost in your career.
  • Study at your convenient time and place.
  • The students don’t need to attend regular classes for completing the distance M.Com course.
  • The students can secure a master’s degree and get intensified knowledge without leaving their job or any activity that they are doing to enhance their careers.
  • The distance M.Com degree will help you to get good salary packages.
  • The student will get great Job Opportunities after finishing the distance M.Com.

FAQ’s About Distance M.Com

⭐ Which universities are best for distance M. Com?

  • IGNOU
  • NMIMS
  • Jaipur National University
  • Delhi University
  • Amity University

⭐ What is the eligibility criterion of Distance M.com?

The candidate should be a B.com graduate or B.com (Hons) with a minimum of 50% marks.

⭐ Is there any entrance examination for taking admission in distance M.com?

It varies from university to university, some may take an entrance examination and some not.

⭐ What is the duration of distance M.com?

Distance M.com is a 2year program but you can finish it within 2 to 5years.

⭐ What is the average fee for distance M.com?

The average fee for distance M.com is Rs 7,500.

⭐ What are the most popular specialized courses in distance M.com?

Some of the popular specialized courses for distance M.com are:

  • Strategic Management
  • Cooperative management
  • International Management
  • Marketing Management

⭐ How many semesters are there in M Com?

The duration of the distance MCom course is 2 years that is subdivided into 4 semesters.

⭐ Can I do an MBA after MCom?

Yes, you can do MBA after MCom for that you need to have the degree of bachelorette with a minimum percentage of 50%. Then you need to crack the entrance exam like CAT, CTAT, XAT, etc.

⭐ What is the qualification for M Com?

For applying to the distance MCom course applicant must have the degree of a bachelorette in commerce with a minimum percentage of 50%.

⭐ Can we do MCom without maths?

Generally, for doing Mcom course maths is not compulsory but in some universities for selecting the specialized course MCom in mathematics it is compulsory to have maths as your subject in 12th standard.

⭐ What is the salary of M Com?

The salary package of the MCom degree holder is 3 Lakh to 7 Lakh p.a.

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