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Online education has become more popular over the last few years and courses like online MBA and online M.Com. have become more accessible. However, it can be difficult to choose between an online MBA and an online M.Com, as both programmes provide flexibility and fulfil different career objectives.
Online MBA focuses on business management and leadership, while an online M.Com specialises in commerce and finance. Both courses offer a variety of job opportunities and quality education, but choosing the right course depends on your professional aspirations and interests. On average, online M.Com graduates can earn an average salary of Rs 500,000 p.a., while an online MBA graduate can earn an average salary of Rs 900,000 pa.
Recommended: Top UGC approved colleges for Online MBA
Don't Miss: Best Online MBA courses by Top Universities
This Story also Contains
- Online MBA Vs Online M.Com: Overview
- Importance and Scope of Online MBA and Online M.Com
- Key Differences Between Online MBA and Online M.Com
- Which Master’s Degree To Choose?
- Popular Online MBA Specialisations
- Popular Online M.Com Specialisations
- Online MBA Vs Online M.Com: Salary
In today's competitive world, it is important to understand the difference between an online MBA and an online M.com. This article will help you understand the major difference between these two most demanded online courses, their scope, specialisations, job profile, salary and more.
Online MBA Vs Online M.Com: Overview
An online M.Com helps students gain advanced knowledge of commerce. Conversely, an online MBA develops an understanding of the business world, enabling learners to thrive in a global marketplace.
The following table gives a detailed comparison between online MBA and online M.Com
Particular | Online MBA | Online M.Com |
|---|---|---|
Focus | Business and Management | Commerce and Finance |
Eligibility | Bachelor's Degree with a minimum of 50 percent Work Experience (some colleges require) | Bachelor’s in Commerce or related |
Admission Process | Merit/ Entrance Examination | Merit-Based |
Average Fees | Rs 50,000 - Rs 20 lakhs | Rs 33,000 to Rs 1,30,000 |
Duration | 2 years | 2 years |
UGC-approved colleges in India | More than 60 colleges | More than 50 colleges |
Average Salary (annually) | Rs 9 LPA | Rs 5 LPA |
Top Recruiters | Amazon, Flipkart, Microsoft, TCS, HCL, Deloitte, SBI, HDFC | ICICI Bank, Infosys, KPMG, PwC, Standard Chartered, EY |
Job Market Demand | Popular in industries like IT, consulting, healthcare, and retail. | High demand in banking, financial services, and education sectors. |
Also Read: How to Choose the Best Online MBA Course in India?
Importance and Scope of Online MBA and Online M.Com
Online MBA
Online MBA primarily focuses on strategy, management, and leadership. It equips professionals to handle complex business challenges and prepares them for senior management roles. The programme offers numerous career opportunities and is in high demand across a variety of industries, including IT, retail, and consulting.
Online M.Com
Students who want to pursue careers in academia or finance can apply for the Online M.Com. It offers a thorough understanding of business and economics, which makes it useful for jobs in banking, and auditing. Online M.Com is a perfect choice for those passionate about the commerce field.
Key Differences Between Online MBA and Online M.Com
Read the following factors that will help you determine which master’s to choose.
Focus of Study
The focus of an online MBA programme is on management, leadership, and business administration. Students gain skills such as decision-making, problem-solving, and strategic thinking skills. Online M.Com. focuses on economics, finance, and commerce. It offers a comprehensive understanding of business laws, taxation, and accounting.
Also Read: Is 1-Year Online MBA Valid in India?
Skill Development
Online MBA enhances various skills such as leadership, managerial, and analytical skills. Students gain practical knowledge about how to handle business challenges. Online M.Com will help the students enhance technical skills in financial analysis, accounting, and research methodologies.
Future Scope
An online MBA opens doors to global opportunities, increased pay, and promotions. Online M.Com. programmes provide stability and knowledge in areas related to commerce and also create more opportunities for teaching or additional research.
Which Master’s Degree To Choose?
Online MBA is a rewarding option if you want to start your own business, advance strategic decision-making, or look to progress in managerial or leadership positions. If you have a strong interest in finance, accounting, or academia and wish to gain specialised knowledge in commerce, choose an online M.Com. programme.
Also Read - MCom Vs MBA: Which is Better for Career Opportunities?
Popular Online MBA Specialisations
An online MBA degree is offered in different specialisations that students can choose from based on their area of interest. Some of the popular online MBA specialisations are as follows:
Popular Online M.Com Specialisations
Students have the opportunity to pursue an online Master of Commerce programme in different specialisations based on their area of interest. Depending on their courses, they can pursue a career in their desired fields. Here is a list of some of the popular online M.Com. specialisations one can choose from:
- Online M.Com in E-Commerce
- Online M.Com in Financial Management
- Online M.Com in Accounting and Finance
- Online M.Com in International Finance
- Online M.Com in International Business
- Online M.Com in Professional Accounting and Finance
Online MBA Vs Online M.Com: Salary
The salary of an individual with an online M.Com degree varies depending on factors such as the specialisation chosen, experience level, job roles, and industry type. It also depends on the job location. The table below highlights the online MBA and online M.Com salary in India based on various job roles.
| Online MBA Job Profiles | Average Salary | Online M.Com Job Profiles | Average Salary |
|---|---|---|---|
Rs 11 LPA | Rs. 8 LPA | ||
Rs 8 LPA | Rs. 5.7 LPA | ||
Rs 12 LPA | Rs. 7.4 LPA | ||
Rs 13 LPA | Corporate Secretary | Rs. 8.3 LPA | |
Rs 4 LPA | Rs. 4.9 LPA |
Conclusion
An online M.Com. is apt for people who are enthusiastic about finance and academia, while an online MBA is best suited for leadership positions. The online M.Com. and online MBA programmes each have their own uniqueness, scope and benefits. Knowing your interests and career goals will help you choose the course that best suits your needs.
Frequently Asked Questions (FAQs)
1. Which master’s to pursue between an Online MBA and an online M.Com?
Pursuing an online MBA is worthwhile if you want to work in corporate environments in fast-paced, dynamic roles or start your own business. An online M.Com. is the best option if you want stability and depth in fields related to commerce.
2. What are the advantages of Online MBA and Online M.Com?
An online MBA prepares for leadership roles across diverse industries while enhancing business acumen and strategic thinking. Online M.Com improves expertise in commerce and finance and prepares for academic and finance-related careers.
3. Is an online MBA better than an online M.Com?
Online MBA is suitable for working professionals as it provides flexibility and career advancement. It is recognised by UGC and offers a variety of job opportunities. An online M.Com. is worthwhile and an affordable course opening up a variety of opportunities in finance and accounting.
4. What kind of jobs are available after an online M.Com.?
There are various jobs available after pursuing online M.com. Some of the popular job roles are Financial Analyst, Tax Consultant, Accountant, and Investment Analyst.
5. What are the popular online MBA specialisations?
The most popular online MBA specialisations are marketing, finance, human resource management, and general management.
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Questions related to MBA
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Verification process:
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Reporting the error:
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Good luck!!
sadafreen356 21 January,2025
Hello there,
If you're looking for
MBA colleges
, here are some excellent options across different categories and fee structures:
Top Government MBA Colleges:
-
IIMs (Indian Institutes of Management) : Prestigious institutes with high placements (e.g., IIM Ahmedabad, Bangalore, Kolkata).
- Admission: CAT
-
Fees: Rs. 10-25 lakhs (varies by campus)
-
FMS Delhi (Faculty of Management Studies) :
- Admission: CAT
-
Fees: Approx. Rs. 2 lakhs
-
IIFT Delhi (Indian Institute of Foreign Trade) :
- Admission: IIFT exam
-
Fees: Rs. 20-25 lakhs
-
Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai :
- Admission: MAH CET/CAT
-
Fees: Rs. 6-7 lakhs
-
Delhi School of Economics (DSE) :
- Admission: CAT
-
Fees: Rs. 50,000 - Rs. 1 lakh
Top Private MBA Colleges (Moderate Fees):
-
SPJIMR Mumbai :
- Admission: CAT/GMAT
-
Fees: Rs. 20-22 lakhs
-
Symbiosis Institutes (SIBM Pune, SCMHRD) :
- Admission: SNAP
-
Fees: Rs. 18-20 lakhs
-
NMIMS Mumbai :
- Admission: NMAT
-
Fees: Rs. 20-22 lakhs
-
TAPMI Manipal :
- Admission: CAT/XAT
-
Fees: Rs. 16-18 lakhs
Affordable MBA Colleges:
-
Pune University (PUMBA) :
- Admission: MAH CET
-
Fees: Rs. 1-2 lakhs
-
Christ University, Bangalore :
- Admission: Christ Entrance Test
-
Fees: Rs. 5-6 lakhs
-
BIM Trichy :
- Admission: CAT
-
Fees: Rs. 7-9 lakhs
-
Amity University :
- Admission: CAT/MAT/Direct Admission
-
Fees: Rs. 8-10 lakhs
Specialized MBA Colleges:
-
NITIE Mumbai (Operations & Supply Chain Management):
- Admission: CAT
-
Fees: Rs. 13-15 lakhs
-
MICA Ahmedabad (Media & Communication):
- Admission: MICAT/CAT/XAT
- Fees: Rs. 21-23 lakhs
Choose based on your budget, entrance exam performance, and career goals!
For more details
CLICK HERE
.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
kumardurgesh1802 20 January,2025
Hello
MBA in Finance and are planning to write the UGC NET exam, you should select Management ( Code 17 ) as your subject because Management is the most relevant subject for MBA graduates and includes topics related to finance, marketing, HR and general management.
1. Relevance to Your MBA : The syllabus covers finance , organizational behavior, business economics and strategic management , which align with your MBA specialization .
2. Career Opportunities : Qualifying UGC NET in Management can help you secure positions as lecturer , professor or researcher in the field of management and finance .
Commerce (Code 08) : If your focus is more on financial accounting, auditing or economics , you can also consider this subject .
Review the Syllabus of both Management and Commerce to decide which aligns better with your strengths and interests .
Hope this helps you .
ALL THE BEST
Mitali Sharma 20 January,2025
Hi,
Master in Business Administration is two year master's degree course. Admission to MBA cousre is generally based on entrance exam like CAT, XAT, MAT, CUET,etc..
Some of the top colleges in Delhi that accept CUET scores for MBA 2025 include:
- Jamia Millia Islamia University Delhi
- St. Stephen's College Delhi
- Hansraj College
- Hindu College, New Delhi
- Miranda House, New Delhi
- Lady Shri Ram college for women
Hope this information will help you
Devraj 18 January,2025
Hello,
Some of the top MBA colleges in India with excellent placement records (close to or 100% placement) include:
-
Indian Institute of Management (IIM) Ahmedabad
- Top recruiters: McKinsey, BCG, Goldman Sachs
- Average Salary: Rs. 25+ LPA
-
Indian Institute of Management (IIM) Bangalore
- Top recruiters: Amazon, Accenture, Microsoft
- Average Salary: Rs. 24+ LPA
-
Indian Institute of Management (IIM) Calcutta
- Top recruiters: Bain & Co., HUL, JP Morgan
- Average Salary: Rs. 23+ LPA
-
XLRI Jamshedpur
- Top recruiters: Tata Group, PwC, Deloitte
- Average Salary: Rs. 22+ LPA
-
Indian School of Business (ISB), Hyderabad
- Top recruiters: Google, McKinsey, Amazon
- Average Salary: Rs. 28+ LPA
Hope it helps !
Prachi Kumari 18 January,2025
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