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Distance BCom
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Introduction
Distance learning programs were on the rise during the pandemic. Students received a golden opportunity to study online from the comfort of their homes. Distance education is still a booming sector. According to the Guru99 website, the online learning market fact suggests that by 2025 it will hit the $325 billion mark in over two decades. This mode of learning is a boon for working professionals, as it helps them earn a degree while working.
Why opt for the Distance B.Com. Program?
B.Com. (Bachelor of Commerce) is the most sought-after degree in India, pursued by the majority of students worldwide. It is usually a three-year UG degree that is pursued either on-campus or in distance mode. The B.Com. program is gaining popularity because it updates students with the latest industry trends and accounting knowledge, which gives them a competitive edge. B.Com. graduates can make their career in various sectors like banking and finance, FMCG, marketing, IT, construction, real-estate, marketing research, media, etc. Candidates usually pursue distance courses because it gives them extra time to upskill and gain knowledge along with their current job. This also helps in career advancement, giving them an opportunity for salary hikes
Who should pursue the Distance B.Com. Program?
Any individual who is interested in the fields of accounting, taxation, finance, and economics can pursue a B.Com. degree. Working professionals who are keen to receive advanced business and accounting knowledge can also apply for an online B.Com. program along with their job. It helps them receive a UG degree by learning online anywhere, anytime. A B.Com. course can also be useful for people from diverse backgrounds who want to learn more about accounts and taxation and go for a professional degree.
Top 5 universities for Distance B.Com
Many universities provide Distance B.Com. courses to students worldwide. Their courses are UGC-approved, and the universities are AICTE approved. This ensures top-notch quality of education to students. Let us check out the top 5 universities that provide Distance B.Com.
- IGNOU
- NMIMS
- Chandigarh University
- Amity University
- Lovely Professional University
Distance B.Com. Course Subjects
1st Year |
2nd Year |
3rd Year |
General English/Hindi |
Income Taxes |
Auditing & Management Accounting |
Environmental Studies Theory |
Cost Accounting |
Computer Application in Accounting/ Advanced Accountancy/ Advanced Business Statistics |
Elementary Computer Applications |
Company Law & Secretarial Practice |
Functional Management |
Corporate & Financial Accounting |
Management |
Computer Typing (English / Hindi)/ Organizational Behaviour/ E-Commerce |
Business Statistics |
Economic Environment in India |
Rural Development & Cooperation |
Business Law |
Elements of Financial Management |
Business Budgeting/ Public Economics/ International Finance |
Entrepreneurship & Small Business Management |
Indian Banking & Financial System |
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Business Economics |
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Specialisations in Distance B.Com
Difference between a Regular, Distance, Online and Part-time B.Com program
Regular B.Com |
Distance B.Com |
Online B.Com |
Part-time B.Com |
Learning takes place in the class |
Remote learning. Depends on students’ pace |
Online learning via internet |
Consists of learning in the class as well as online |
Includes interaction with professors |
Includes less of face-to-face interaction |
Includes more of virtual interactions |
Includes in-person and virtual interaction |
Less flexible |
High flexibility |
High flexibility |
Moderate flexibility |
Structured learning |
Self-learning |
Online learning |
In-person as well as online learning |
Physical present is a must |
Does not require physical presence |
Can be pursued online, no location constraint |
Proximity to the classes is required |
Requires 3 years to complete the course |
Duration is flexible |
Duration is flexible |
Duration depends on part-time class schedule |
Schedules are fixed |
Flexible schedules |
Flexible schedules |
Weekend or evening classes are conducted |
Distance B.Com Course Eligibility and Duration
The duration of Distance B.Com Course is generally 3 years spread across 6 semesters. The eligibility criteria for the program differs from one institute to another. However, general criteria is that the candidates must have completed their 12th Std from a recognized university with minimum of 50% marks. Some of the universities conduct entrance test for admission into Distance B.Com program. Candidates need to research about it before moving ahead for admission
Distance B.Com Course Fees
The average fees for Distance B.Com course usually range between INR 15,000 to INR 32,000. The fee structure varies depending upon the universities, the curriculum, the study materials and so on. Students need to check the fee structure of their choice of institute and then take the final call of admission.
Loan and EMI
Many universities offer Education loan and Scholarships to students who have enrolled for their Distance B.Com program. Education loans are offered at low rates so that students can afford their education with ease of finance. Scholarships are usually offered to students who perform excellent in academics or who are in financial need.
Distance B.Com Course Admission Process
Admission process for distance B.Com differs from one university to another. Some ask for an entrance exam and others do not. So, here’s a basic information about admission process in general for Distance B.Com
- Candidates need to apply for Distance B.Com in the institute of their interest
- Apply for admission on the institute’s website
- Fill the registration form
- Fill your personal and educational details, upload self-attested documents and your passport size photo
- Make the payment through debit or credit card or net banking to the institute’s portal
- Download the fee receipt
- Once the form is submitted and payment is done, the institute will then send you a confirmation email to your registered email address
- Full course information will be available online at the beginning of the event, and the admission credentials will be shared with you
Benefits of pursuing Distance B.Com Program
Job Opportunities
As a B.Com graduate, you can expect a lot of job opportunities across the globe. A B.Com graduate possesses multiple skills like analytical skills, critical thinking skills, business knowledge, etc. These skills can help them land a high-profile job. B.Com grads usually get placed in various sectors like banking, insurance, accounting, wealth management, commerce, education, govt services etc.The average salary for a B.Com graduate is INR 4.9 lakhs per annum. Experienced candidate can expect the salary package up to ₹20 lakhs per annum. Job roles that B.Com grads can expect are Account Executive, Business Executive, Financial Consultant, Business Consultant, Chartered Accountant, Financial Risk Manager, Bank Manager, Commerce Teacher, Company Secretary, Certified Financial Planner, etc.
Top Recruiters
With a B.Com degree, you can receive great placement services in top companies all across the globe. Companies like Ernst & Young, TCS, Deloitte, Wipro, Amazon, HDFC Bank, Axis Bank, IBM, Genpact, Capgemini, Walmart, Infosys, JP Morgan Flipkart, ICICI Bank, Accenture, etc are just a few of the firms that hire Distance B.Com students.