Kamaldeep
25 May, 2024
Table of Contents
M.Com. Stands for Master of Commerce. It is a two-year (depending on the college) postgraduate degree programme for individuals interested in accountancy and commerce and the BFSI (banking, financial services, and insurance) industry. M.Com. the programme focuses further on the B.Com. Course’s areas of capital, trade, taxes, revenue, and economic functioning. The M.Com degree is incredibly flexible, enabling students to pursue careers in various industries. It is the most popular degree among aspiring academics and professors in finance, accounting, and allied fields. If you are interested in finance and want to learn about finance and commerce in detail, an online M.Com course can be a good fit for you.
Many students cannot commute to college premises to get an M.Com. degree and many students cannot enrol in regular M.Com. degree courses. Therefore, enrolling without going to college is easy with the M.Com. by online education programmes. Read the blog further to learn why you should pursue an online/distance M.Com. course, the list of top colleges offering it, eligibility, admissions, and more.
Online M.Com courses are highly recommended for individuals like working professionals and students without access to college campuses. The online programme comprises live classes, recorded videos, online tests, and live online doubt sessions.
| Course Name | Master of Commerce (M.Com.) |
| Duration | 2 Years |
| Education Mode | Online |
| Eligibility Criteria | Graduate degree in Commerce |
| Top Colleges | LPU Online Amity Online Jain Online Chandigarh University |
| Job Opportunities | Senior Account Executive Accountant Operations Manager Financial Analyst Account Executive Finance Manager Senior Accountant |
| Average Salary | INR 6 LPA – INR 9 LPA |
Online M.Com. degrees are highly in demand due to the financial benefits they offer students. M.Com. courses come in different formats, allowing candidates to specialise in various industries. The digital transformation of commerce is happening faster than ever in today’s digital world. It is now more important than ever for professionals hoping to succeed in the competitive field of business to pursue a Master of Commerce (M.Com.) degree due to the swift progress of technology and the growing interdependence of the world economy. There’s been a noticeable increase in demand for online MCom courses in India, where the digital revolution has been most noticeable.
Therefore, Online M.Com. degree courses allow students to pursue their education without geographical constraints, and students can enhance their career opportunities through these online courses.
Aspiring candidates aiming for online M.Com courses must attain a minimum qualifying score in their bachelor’s degree. Admissions to M.Com programmes depend on their B.Com degree course results and available vacant positions. Eligible applicants must hold a Bachelor of Commerce (B.Com) degree from a reputable institution, typically necessitating a minimum of 50% marks.
The admission process for M.Com programmes is divided into two bases: merit-based admissions and entrance examination-based admissions.
| Admission Type | Description |
| Merit-Based Admissions | – Numerous universities opt for a merit-based approach in selecting candidates for their M.Com programs. – Under this system, applicants are evaluated based on their academic credentials and suitability for the M.Com curriculum outlined by the respective institution. |
| Entrance Examination-Based Admissions | – Admission to an online M.Com degree may also depend upon – clearing entrance examinations conducted by various institutes. – These entrance tests serve as a means to assess the applicant’s aptitude and proficiency in relevant subjects. – Candidates who successfully pass these examinations are then considered eligible for enrollment in the M.Com course of their choice within the institution. |
The eligibility criteria for an online M.Com. courses differ according to different colleges. However, the average eligibility criteria are:
Minimum 50% required in B.Com or B.Com (Honours) from accredited institutions.
Some colleges accept Economics (Honours), BBA, BFIA, or BBE with a minimum of 60%.
Reserved category students get 5% grade relaxation.
State universities may offer leeway to home-state applicants.
The list of top 6 online M.Com. Top colleges are tabled below.
| College Name | Accreditation | Eligibility | Fee Structure |
| Amity University Online | – UGC – AICTE – NAAC A+ – NIRF 35 (University Category) |
Fresh graduates or Final-year students seeking a career in the Finance domain. Done-icon Graduation Degree (3 years or 4 years degree programme only, Diploma will not be acceptable) |
INR 1,20,000 (Course Fee) |
| Manipal University Jaipur (MUJ) | – UGC – AICTE – NAAC A+ – NIRF Rank 101-160 |
Candidates must have completed a 10+2+3-year bachelor’s degree from a recognised university/institution, or an equivalent qualification recognised by the Association of Indian Universities. Candidates must have a minimum of 50% marks in aggregate in graduation (45% for reserved categories). No work experience required |
INR 1,08,000 (Course fee) |
| Chandigarh University | – UGC-DEB – AICTE – NAAC A+ – NIRF 27 |
Bachelor’s degree in Commerce or equivalent from a recognised University/ Institution. | INR 91,000/- After Early Bird Discount |
| LPU Online | – UGC – AICTE – WES – NAAC A++ – NIRF 38 |
A bachelor’s degree (in Commerce, Management, Economics, Accounts, or Math/Economics as one of the subjects/ courses) or equivalent. | INR ₹ 90,800 (Total Fee) |
| Jain Online | – UGC – AICTE – NBA – NAAC A++ – NIRF Rank 68 |
Pass in an Undergraduate Programme of at least 3 years in any stream from a UGC recognised University. Candidates in the final semester of the Bachelor programme are also eligible to apply for the Online MCom Courses. |
Programme Fees start from INR 45,000 (The fees vary for different specialisations) |
| Kalinga Institute of Industrial Technology | – UGC-DEB – AICTE – NAAC A++ – NIRF 18 |
Any Graduate from a Recognised University | INR 72000 M.Com. in International Business |
The average online M. Com degree programme lasts 2 years and includes 4 semesters. The list of subjects included in the semesters is given below.
| Semester | Subjects |
| Semester 1 | – Organisational Behaviour and Management Process – Marketing Management – Computer Applications in Commerce – Business Environment & Policy – Corporate Governance |
| Semester 2 | – Management and Financial Accounting – Managerial Economics – Research – Management of Non-profit Organisations – Research Methods & Statistical Techniques |
| Semester 3 | – Financial Management – Management of Financial Services – Managerial Communication – International Trade – Theory & Practice |
| Semester 4 | – Elements of Income Tax – E-Commerce – Mergers & Acquisitions – Research and Internships |
Upon completing an online M.Com degree course, numerous career opportunities unfold in the private and public sectors. Opportunities abound across various domains, including commercial banks, government institutions, civil services, and academia. The prospects for pursuing advanced degrees in M.Com are promising, both domestically in India and internationally. In India, the scope of the Master of Commerce is dependent upon specialisation and market demand, resulting in competitive pay scales for graduates. Some of the job roles that M.Com. degree holders can explore include:
| Career Opportunities After M.Com | Average Salary Package (per annum) |
| Risk Analyst | INR 2-18 lakhs |
| Management Consultant | INR 6.6-42 lakhs |
| Finance Analyst | INR 2-12 lakhs |
| Account Assistant | INR 0.9-4.2 lakhs |
| Auditor | INR 1-10 lakhs |
| Operations Manager | INR 3-21 lakhs |
| Senior Account Executive | INR 2.5-7.5 lakhs |
Flexibility: Students can balance their studies with other responsibilities by conveniently accessing course materials and lectures through online M. Com courses, which provide great flexibility.
Accessibility: Students from various backgrounds can enrol in online M. Com programmes from any location with an internet connection as they overcome geographical limitations.
Cost-Effectiveness: Because online M. Com courses provide a variety of payment choices and scholarships, they are typically less expensive than traditional on-campus programmes. This is because they do not require housing, transportation, or tuition payment.
Personalised Learning Environment: With the use of cutting-edge technology and new teaching strategies, online M. Com courses offer a personalised learning environment that includes multimedia materials, lively debates, and customised feedback from instructors.
Career Advancement Opportunities: Having an M. Com degree online can greatly improve one’s chances for a successful career. It can lead to various options, including those for entrepreneurship, corporate advancement, and industry transitions, all of which have the potential to pay more.
For commerce professionals in India, the introduction of online M. Com courses marked the beginning of a new era of accessibility and opportunity. Pursuing an online M.Com. The course may be a life-changing experience for anybody, be they a fresh graduate who wants to start their career, an experienced professional looking to upskill, or an ambitious entrepreneur with big dreams for success. Through technology, teamwork, and creativity, online Master of Commerce programs enable people to reach their maximum potential and prosper in the ever-changing business environment. Start with looking for online M. Com. opportunities and continue with the journey in a professional environment.
