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Updated at : March 26, 2024
Online M.Com Accounting and Finance
An online M.Com in accounting and finance is a master’s degree program in finance and accounting of two years of minimum duration. The course focuses on economic theory, financial planning, and understanding of financial policies and banking systems. The minimum requirement for taking admission to this course is a bachelor’s degree in a relevant stream from a UGC-authorized institution. Upgrade your career in the financial sector of the industry with this online master’s degree program.Watch Video
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Online M.Com in Accounting And Finance Program Overview
Master of Commerce (M.Com) in Accounting and Finance is a two-year postgraduate course that deals with financial and accounting aspects. The course focuses on various concepts of finance and accounting like economic theory, financial planning, banking systems, policies, etc. The program is provided in online mode to facilitate working professionals with the best education system for a master's degree in Accounting and Finance.
The primary eligibility for taking admission to this online master's degree program is having a bachelor's degree in a relevant field. The average fee for the course is about 80,000 INR. MCom Accounting and Finance is one of the most popular programs in the commerce stream with several job opportunities and its online availability has increased the enrollment of learners significantly.
Why Choose an Online M.Com in Accounting and Finance?
An online MCom in accounting and finance is the most suited option for those who are willing to get a postgraduate degree in this major but the regular time commitments are obstructing their ways. One of the primary reasons to choose for an online MCom in accounts and finance major over a regular one is the flexibility. With this online master’s program, professionals can continue their jobs and students can fulfill their other commitments.
Another factor that must be considered while choosing an online MCom course is its validity in the industry. Being a UGC-approved program, the online MCom in accounts and finance offers similar career opportunities and industry recognition that would be expected from a regular MCom course in the same specialization.
Who Should Pursue an Online M.Com in Accounting and Finance?
Professionals working in the finance sector of the industry or willing to move their career into this particular domain must opt for an online MCom in accounts and finance. Even students who did not make it to a regular college for their PG program in accounts should choose this online MCom major.
When Should I Pursue an Online M.Com in Accounting and Finance?
There is no fixed time or age to upgrade yourself. With the availability of an online MCom in accounts and finance, you can now take up your postgraduate degree at any age without giving a pause to your career. This relaxation is again an add-on feature offered by the universities providing an online MCom course.
Popular & Affordable Universities for Online M.Com In Accounting and Finance
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Universities Offering Online M.Com in Accounting and Finance |
NIRF Ranking 2023 (University Category) |
Starting Fee Range (Might Vary) |
|
Jain University |
68 |
1,00,000 INR |
Key Highlights of Online M.Com in Accounting And Finance In India
- An online MCom in accounting and finance is a two-year course with four semesters.
- The course focuses on the objectives of financial planning, economic knowledge and theory, the banking system, and more.
- After successful completion of this course, customers can get many job opportunities like Investment Analysis, Accountants, etc.
- The fee structure and payment mode are also very affordable as one can easily pay the fee semester-wise.
- If the candidate is experienced with more than two years, he/she may be given preference.
- The graduates of MCom Accounting and Finance are placed in top companies and organizations like the insurance industry, customs departments, import/export firms, etc.
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Online M.Com in Accounting And Finance Course Subjects/Syllabus
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Semester I |
Semester II |
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Advanced Accounting-1 |
Corporate Finance & Valuation |
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Strategic Cost Management |
Financial Markets & Institutions |
|
Corporate Laws |
Advanced Accounting-2 |
|
Economics For Business Decisions |
Direct Tax Laws |
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Quantitative Methods For Finance and Investments |
Investment Analysis & Portfolio Management |
|
- |
Macroeconomics |
|
Semester III |
Semester IV |
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Business Research & Methodology |
International Finance |
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Banking & Financial Services |
Wealth Management |
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Advanced Auditing |
Introduction to Fintech and Analytics |
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Fixed Income Securities and Analysis |
Financial Modelling |
|
GST and Customs Law |
Research Project/Cross-Functional Elective |
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Open Elective Course |
----- |
Top Specializations of Online M.Com
Online M.Com in Accounting And Finance Eligibility & Duration
The basic eligibility for M.Com Accounting and Finance are written below:
- First of all, students should ensure that they have completed a bachelor's degree program in Accountancy and Finance stream with at least 50% marks.
- Students should have a bachelor's degree in Commerce background.
- Candidates should know the basics of Accounting and Finance.
Duration of the Online M.Com in Accounting and Finance
The duration of an M.Com online in specialization Accounting and Finance is 2 years and the curriculum is divided into 4 semesters that delve deep into accounting and financial aspects.
Skills Required for Online M.Com in Accounting and Finance
To gain maximum benefits out of your online MCom accounting and finance degree, you must have some basic skills listed below.
- Stronghold of the accounting concepts that make you analyze the financial statements of your organization.
- Leadership abilities that make you take a stand for your team and lead a project will be beneficial for your career upgradation.
- Effective communication skills will help you convey your business strategies to your team members.
- The ability to interpret and analyze the financial data of your organization will help you draw some important details that will make you improve the business strategies for your organization.
Is any Entrance Exam Required for an Online M.Com in Accounting and Finance?
No, for online MCom in accounts and finance, you need not clear any entrance exam. However, for a regular one in the same major, you should clear common or university-specific entrance exams as mentioned below:
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Common University Entrance Test (CUET) PG |
Delhi University Entrance Test (DUET) |
|
Punjab University Common Entrance Test (PU CET) |
Uttaranchal University Entrance Examination (UUEE) |
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Suresh Gyan Vihar University Entrance Exam (GVSAT) |
Banaras Hindu University Postgraduate Entrance Test (BHU PET) |
Recommended Books
To enhance your understanding of accounts and finance major via an online MCom course, you can also refer to some other recommendations of the books than those included in your curriculum. Some of them are listed here to provide you with an idea of the same.
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Name of the Book |
Author |
|
Accounting Made Simple – Accounting Explained in 100 Pages or Less |
Mike Piper |
|
Accounting for Non-Accountants: The Fast and Easy Way to Learn the Basics |
CPA Wayne A. Label |
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The Accounting Game: Basic Accounting Fresh from the Lemonade Stand |
Darrell Mullis and Judith Orloff |
|
Tax Savvy for Small Business |
Frederick W. Daily |
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Warren Buffett Accounting Book: Reading Financial Statements for Value Investment |
Stig Brodersen and Preston George Pysh |
|
Accounting All-in-One For Dummies |
Kenneth W. Boyd |
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Program Fees for Online M.Com in Accounting And Finance
Starting at ₹ 6,776/month
Program Fee: ₹16,800 - ₹1,57,500
Low Cost EMI Available
Recommended
The academic fees of the online MCom in accounting and finance range between 1-2 Lakhs INR. This range might vary as per your choice of university as different universities offer different facilities for the same course curriculum. Moreover, you might need to deposit GST charges and exam fees at the time of admission in addition to the program fee.
Online M.Com in Accounting And Finance Admission Procedure
- Go to the university's official webpage (the university to which you are willing to take admission).
- Register as a new user and complete the application form with your information.
- Submit the relevant documents along with the application form and registration costs.
- Submit your academic fee by any of the payment methods listed on the website in the next step.
- Finally, you will receive a confirmation email containing your student enrollment number/student number.
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Other Specializations for Online M.Com in 2024
Education Loan/EMI Facilities for Online M.Com in Accounting And Finance
Universities offering this online MCom program offer equal installment payments and education loans as additional cost-payment options. This makes it possible for you to easily cover the program's expenses without worrying too much about your financial situation. The official loan partner of the university of your choice verifies the specific standards that you need to fulfill to use this facility.
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Is Online M.Com in Accounting And Finance Worth it?
Acquiring an online Master of Commerce in accounts and finance is a simple approach to fulfilling your ambition of improving your career while learning about the financial sector. This course teaches you how to examine financial statements using new tools and software in addition to covering the fundamentals of the subject. Reputable universities also acknowledge you for finishing this online MCom major.
After obtaining this master's degree, your years of work as a finance professional will pay off. Possessing a fundamental understanding of finance provides opportunities for you to advance and ultimately secure a lucrative profession. Above all, earning it from a recognized university expands your professional contacts and makes a range of employment opportunities available to you.
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Job Opportunity after Online M.Com in Accounting And Finance
There are many career opportunities after completing the M.Com degree program in Accounting and Finance. Most of the students who have passed the M.Com degree are placed in top companies and MNCs. Some of the top career opportunities are mentioned below:
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Risk Managers |
Finance Executive |
|
Accountant Analyst |
Treasury Manager |
|
Tax Consultant |
Auditor |
|
Financial Planner |
Investment Banker |
Top Recruiters for Online M.Com in Accounting And Finance
With the help of this online MCom program in accounts and finance, you can work in a variety of professions by applying your understanding of financial techniques and their administration to your career alternatives. You can easily get a noteworthy distinction in various famous firms after completing this master's program around the world.
- Goldman Sachs
- Bain & Company
- Barclays
- Boston Consulting Group
Our students work at
ICICI Bank
Axis Bank
Dabur
Flipkart
HDFC Bank
India Mart
KPMG
Mckinsey and Company
Samsung
Tata Sky
Let's clear up some doubts about Online M.Com in Accounting And Finance
The master's degree in Accounting and Finance deals with the theoretical knowledge and understanding of MBA finance and accountancy.
There are many positions that a student can achieve after getting an M.Com degree in Accounting and Finance. Some of the prominent ones are Cost Accountants, Sales Analysts, Certified Public Accountants, etc.
There are a total of four semesters in M.Com degree.
No, you can easily apply to an online MCom in accounts and finance with a bachelor’s degree in the commerce field from a UGC-recognized university.
No, you can directly apply for an online MCom in accounts and finance course with a minimum of 40-50% marks in your graduation.
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