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Distance MCom

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Introduction

Do you want to study independently, without having to attend any classes physically? If yes, then Distance mode of education is best for you. Distance education offers flexibility, convenience and saves cost of learning. It is easily accessible to anyone who has internet connection. This type of education helps students to stay focused and motivated. M.Com degree is the most sought after course these days. It offers advanced knowledge in wide range of fields like Banking, Economics, Management, Taxation, Finance, etc. With M.Com program, you can also enhance your critical-thinking, analytical and interpersonal skills. 

 

Why opt for Distance M.Com Program?

M.Com (Master of Commerce) is a most sought-after degree in India pursued by majority of the students worldwide. It is usually a two-year PG degree that is pursued either on-campus or in distance mode. M.Com program is gaining popularity because it updates students with the latest industry trends and accounting knowledge which gives them a competitive edge. M.Com graduates can make their career in various sectors like banking and finance, FMCG, marketing, IT, accounting, 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 Distance M.Com Program?

Any individual who is interested in the field of Accounting, Taxation, Finance and Economics can pursue a M.Com degree. Working professionals who are keen to receive advanced business and accounting knowledge can also apply for an online M.Com program along with their job. It helps them receive a PG degree by learning online anywhere, anytime. M.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 M.Com 

Many universities provide Distance M.Com course 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 M.Com.

  1. Netaji Subhas Open University
  2. IGNOU
  3. Chandigarh University
  4. Manipal University Online 
  5. Yashwantrao Chavan Maharashtra Open University

 

Distance M.Com Course Subjects

Ist Year  2nd Year
Marketing and Strategic Management Research Methodology and E-Commerce
Cost and Management Accounting Taxation
Statistical Analysis and Quantitative Techniques Global Marketing and Financial Services
Corporate Legal Frame Work and Security Analysis Advanced Corporate Accounting
Financial Management and Project Finance Elective
Human Resource Management
Project Work

 

Specialisations in Distance M.Com

 

 

Difference between a Regular, Distance, Online and Part-time M.Com program

Regular M.Com

Distance M.Com

Online M.Com

Part-time M.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 M.Com Course Eligibility and Duration

The duration of Distance M.Com Course is generally 2 years spread across 4 semesters. The eligibility criteria for the program differs from one institute to another. However, general criteria is that the candidates must have completed their bachelor degree from a recognized university with minimum of 50% marks. Some of the universities conduct entrance test for admission into Distance M.Com program. Candidates need to research about it before moving ahead for admission

 

Distance M.Com Course Fees

The average fees for Distance M.Com course usually range between INR 30,000 to INR 1,50,000. 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 M.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 M.Com Course Admission Process

Admission process for distance M.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 M.Com

  • Candidates need to apply for Distance M.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 M.Com Program

 

Job Opportunities

As a M.Com graduate, you can expect a lot of job opportunities across the globe. A M.Com graduate possesses multiple skills like analytical skills, critical thinking skills, business knowledge, etc. These skills can help them land a high-profile job. M.Com grads usually get placed in various sectors like banking, insurance, accounting, wealth management, commerce, education, govt services etc.An M.com fresher earns an average salary of ₹2.2 Lakhs per year. An M.Com with 4-9 years of experience earns an average salary of ₹2.9 Lakhs per year, whereas an experienced M.Com with 10-20 years of experience earns an average salary of ₹14.1 Lakhs per year (Source: Ambition box) . Job roles that M.Com grads can expect are Financial Executive, Assistant Manager, Bank Manager, Business Analyst, Market Analyst, Account Assistant, Auditor, Tax Accountant, Sales Analyst, Economist, Finance Officer, etc.

 

Top Recruiters

With a M.Com degree, you can receive great placement services in top companies all across the globe. Companies like JP Morgan, Deutsche Bank, TATA, Hiranandani Group, Deloitte, EY, TCS, Goldman Sachs, Amazon, PWC, Yes Bank, SAP Labs, HDFC Bank, ICICI Bank, Axis Bank, etc are just a few of the firms that hire Distance M.Com students.

 

 

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