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Online M.Com: Eligibility, Admission, Top Colleges, Fees, Syllabus, Career, Salary
Edited By Arushi Pandita | Updated on Nov 26, 2024 02:54 PM IST | #M.Com
An online M.Com is a two-year online postgraduate degree programme. It provides an in-depth understanding of various professional disciplines such as finance, accounting, banking, taxation, insurance, and others. There are more than 50 UGC-approved online M.Com colleges in India. Admission to an M.Com online course is offered based on previous academic performance. The average fee of an online M.Com ranges between Rs. 33,000 to Rs. 1,30,000. Students will earn an online M.Com degree after successful completion of the course.
This Story also Contains
- Online M.Com Course Details
- Why Study Online M.Com Course?
- Online M.Com Eligibility Criteria
- Online M.Com Admission 2024
- Online M.Com Fees
- List of Top Online M.Com Colleges in India
- Online M.Com Syllabus
- What After Online M.Com?
- Conclusion
Similar to a regular M.Com course, students receive greater benefits within the online M.Com course, such as flexibility, placement assistance, career growth, and more. The course content is delivered virtually with recorded lectures, live interactive sessions, and more.
After completing an online M.Com course, students can pursue diverse job roles. Some of the popular job roles include Auditor, Chartered Accountant, Investment Banker, Financial Analyst, Tax Consultant. The average salary of an online M.Com graduate is Rs 4.9 lakhs p.a.
Online M.Com Course Details
An online M.Com helps students gain fundamental knowledge of commerce. They gain critical thinking skills and analytical problem-solving capabilities to solve organisational issues in the business world.
The following table depicts the highlights of the online Master of Commerce (M.Com), such as eligibility criteria, top colleges, average fees, career options, average salary, and more.
Particulars | Details |
Course Name | Online M.Com |
Full Form | Master of Commerce |
Course Level | Postgraduate |
Course Type | Degree |
Course Duration | 2 Years |
Minimum Eligibility | Bachelor’s or Equivalent |
Admission Process | Merit-Based |
Average Fees | Rs. 33,000 to Rs. 1,30,000 |
Top Colleges | AMU Aligarh, LPU Jalandhar, SASTRA University, JAIN Online, Amity Online |
Career Options | Auditor, Chartered Accountant, Investment Banker, Financial Analyst, Tax Consultant |
Average Salary (annually) | Rs. 4.9 LPA |
Top Recruiters | ICICI Bank, Infosys, KPMG, PwC, Standard Chartered, EY |
Why Study Online M.Com Course?
An online M.Com focuses on advanced studies in commerce, finance, and related fields. The programme offers several advantages, making it a popular choice for individuals looking to advance their commerce education and careers. Here are some reasons why a candidate can pursue an online M.Com degree:
- Flexibility: An M.Com online course provides students with the flexibility to study at their own time and pace.
- Cost Savings: While an online Master of Commerce programme is offered in online mode, students are not required to visit the campus or attend classes in person. This cuts commuting costs, resulting in cost savings.
- Diverse Learning Resources: Online M.Com courses are delivered through a variety of digital learning resources, including online forums, multimedia presentations, and virtual libraries.
- Career Advancement: Earning an online M.Com degree can enhance one’s career prospects by providing advanced knowledge and skills in commerce and related fields.
- Global Networking Opportunities: Students are provided the opportunity to build networks with a diverse group of students from different locations and backgrounds.
Online M.Com Eligibility Criteria
The eligibility criteria for online M.Com courses can vary from one college to another. However, there are common eligibility requirements that every student should meet to enrol in the course. The common online M.Com eligibility criteria are as follows:
Particulars | Values |
Online M.Com Eligibility Criteria | Candidates must have completed a bachelor's degree in any academic discipline with 50% aggregated marks from a recognised university. |
Also Read: 15+ UGC Approved Online Degree Courses
Online M.Com Admission 2024
Admission to an online M.Com degree programme is an online process. Candidates who meet the eligibility criteria defined by the university can apply for admission to the course by visiting the official website of their preferred university.
Here are the steps that students must follow for online M.Com admission:
Step 1: Online Registration
- Candidates must visit the official website of their chosen university
- They need to register themselves on the website, mentioning all the relevant details, such as email id, personal information, and mobile number.
Step 2: Online Application Form
- After registration, candidates must login with the registered email and password.
- Complete the application form by entering personal and educational details.
Step 3: Document Submission
- After submission of online application form, candidates must submit all the relevant documents, such as 10th and 12th mark sheets, caste certificate (if applicable), Government ID (Aadhar card/passport), passport-size photograph, and signature.
- The document requirement may vary from one college to another.
Step 4: Application Fees
Pay the requisite application fee to complete the online M.Com admission.
Online M.Com Fees
The online M.Com course fees can vary from one college to another. The fees range between Rs. 33,000 to Rs. 1,30,000. It involves tuition fees, examination fees, and other charges. Students must check the fees of their preferred colleges and enrol in the best based on their convenience and affordability.
List of Top Online M.Com Colleges in India
Several top colleges and universities in India offer online M.Com programmes to aspiring candidates. Some colleges also offer an online M.Com with different specialisations that students can choose based on their area of interest and pursue a career in the same.
The table below lists some of the top online M.Com colleges in India and their fees.
Online M.Com Colleges in India | Total Online M.Com Fees |
Rs. 33,000 | |
Rs. 36,000 | |
Rs. 40,000 | |
Rs. 43,400 | |
Rs. 60,300 | |
Rs. 90,800 | |
Rs. 1,00,000 | |
Rs. 1,08,000 | |
Rs. 1,20,000 | |
Rs. 77,000 | |
Rs. 72,000 | |
Rs. 1,00,000 | |
Rs. 44,880 | |
Rs. 47,000 | |
Rs. 54,000 | |
Rs. 1,30,000 |
Online M.Com Syllabus
The online M.Com syllabus may vary depending on the institute. The curriculum covers various core subjects, providing advanced concepts and knowledge in the field of commerce, accounting, finance, and more. Spread across four semesters, the online M.Com subjects also involve electives. The table below depicts the semester-wise online M.Com syllabus of SRM University Online.
Online M.Com Subjects 1st Year | |
Semester 1 | |
Advanced Accountancy - I | International Financial Management |
Organizational Change and Development | Quantitative Techniques for Finance |
Modern Banking | - |
Semester 2 | |
Advanced Accountancy - II | International Marketing |
Strategic Human Resource Management | Entrepreneurial Development |
E-Commerce | - |
Online M.Com Subjects 2nd Year | |
Semester 3 | |
Indirect Tax | Investment Analysis and Portfolio Management |
International Trade | Logistic & Supply Chain Management |
Corporate Laws | - |
Semester 4 | |
Business Research Methods | Project |
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 land a career in their desired fields. Here is a list of some of the popular online M.Com specializations 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
What After Online M.Com?
An online M.Com degree can further enhance students’ knowledge in their chosen specialisations. It also broadens their career scope across industries, regardless of private and public sectors.
Some of the popular job roles after online M.Com are as follows:
Online M.Com Salary in India
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 varies depending on the job location. The table below highlights the online M.Com salary in India based on various job roles.
Job Profiles | Average Salary (annually) |
Chartered Accountant | Rs. 8 LPA |
Auditor | Rs. 5.7 LPA |
Economist | Rs. 7.4 LPA |
Corporate Secretary | Rs. 8.3 LPA |
Financial Analyst | Rs. 4.9 LPA |
Conclusion
Online Master of Commerce (M.Com) is one of the sought-after degree programmes for candidates aspiring to enter the fields of accounting, banking, finance, and marketing. Several top colleges offer online M.Com courses in India that aspirants can pursue based on their affordability and convenience.
Enroling in an online M.Com degree prepares you for the field of finance and accounting. As it comprises a combination of theoretical and practical knowledge, you can go for dynamic roles and highly paid jobs in the commerce field.
Frequently Asked Questions (FAQs)
1. Is online M.Com worth pursuing?
The programme is offered by UGC-approved universities in India, making it a valuable degree in the marketplace. It also opens room for numerous opportunities for graduates in diverse fields.
2. How to apply for an online Master of Commerce degree?
Some of the popular online M.Com specialisations are e-commerce, financial management, accounting and finance, and more.
3. Is online M.Com equivalent to regular M.Com?
Earning an M.Com degree online or offline from a UGC-approved university holds the same value. Both modes of MCom courses open the gateway to a lucrative career in diverse industries.
4. Can I work while studying for an Online M.Com?
Yes, the flexibility of online learning allows you to balance your studies with work and other personal commitments.
5. What is the fee of an online M.Com in India?
The online M.Com course fees vary from one college to another. The fees range between Rs. 33,000 to Rs. 1,30,000 for the entire course.
6. How much will I earn after completing an online M.Com degree?
The online M.Com salary varies according to factors such as experience, job profile, skills, among others. However, the entry-level salary ranges between Rs 3-5 LPA.
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Questions related to M.Com
Have a question related to M.Com ?
Post Graduate Entrance Tests across different states or universities in India. To provide you with the most accurate syllabus for the M.Com entrance exam, I need more specific information about which "pgset" you are referring to.
However, I can give you a general overview of the common subjects and topics that are usually included in most M.Com entrance exams in India, which might be helpful for your preparation:
Common Subjects in M.Com Entrance Exams:
* Accounting:
* Financial Accounting (Basic Accounting Principles, Preparation of Financial Statements, etc.)
* Cost Accounting (Cost Concepts, Costing Methods, etc.)
* Corporate Accounting (Company Accounts, Mergers and Acquisitions, etc.)
* Economics:
* Microeconomics (Demand and Supply, Consumer Behavior, Market Structures, etc.)
* Macroeconomics (National Income, Inflation, Monetary and Fiscal Policy, etc.)
* International Economics (International Trade, Balance of Payments, etc.)
* Business Management:
* Principles of Management (Functions of Management, Organization Structure, etc.)
* Business Law (Indian Contract Act, Companies Act, etc.)
* Human Resource Management (Recruitment, Training, Performance Appraisal, etc.)
* Marketing Management (Marketing Concepts, Market Segmentation, Marketing Mix, etc.)
* Organizational Behavior (Motivation, Leadership, Group Dynamics, etc.)
* Mathematics and Statistics:
* Basic Statistics (Measures of Central Tendency, Dispersion, Probability, etc.)
* Quantitative Aptitude (Ratio and Proportion, Time and Work, Basic Algebra, etc.)
* Data Interpretation
* General Awareness:
* Current Affairs (National and International)
* Business News
* Economic Developments
Exam Pattern (General Trend):
* Most exams consist of multiple-choice questions (MCQs).
* The number of questions and duration of the exam can vary.
* There might be different sections for each subject area.
To get the exact syllabus for the M.Com entrance exam you are interested in, please provide the following information:
* Name of the specific "pgset" exam: Is it a state-level exam (like AP PGCET, TS CPGET, Karnataka PGCET) or a university-specific exam?
* Name of the state or university conducting the exam: Knowing the location will help in identifying the relevant exam.
Once you provide this information, I can try to find the specific syllabus for you.
In the meantime, here are some general tips for preparing for an M.Com entrance exam:
* Understand the Syllabus: Once you know the specific syllabus, go through each topic carefully.
* Study Relevant Material: Refer to your graduation textbooks and other standard books for each subject.
* Practice Previous Years' Papers: If available, solve previous years' question papers to understand the exam pattern and difficulty level.
* Focus on Fundamentals: Build a strong foundation in the core concepts of accounting, economics, and business management.
* Improve Quantitative Skills: Practice mathematical problems and data interpretation questions.
* Stay Updated on Current Affairs: Read newspapers and business magazines regularly.
* Time Management: Learn to manage your time effectively during the exam.
* Mock Tests: Take mock tests to assess your preparation level and identify weak areas.
Mansi vashishtha 03 April,2025
Yes, you can pursue an MBA from a regular university and an M.Com from IGNOU simultaneously, as long as one is a regular course and the other is through distance learning. According to the UGC guidelines, students can pursue two degrees at the same time, provided one is in regular mode and the other in open or distance mode.
Is it worth it?
It depends on your career goals:
I f your goal is corporate jobs or entrepreneurship : An MBA alone is generally more valuable. It provides managerial skills, industry exposure, and better job opportunities. Adding an M.Com may not significantly enhance your profile unless you aim for academic or research roles.
If you’re interested in teaching or research : Having both an MBA and M.Com can be beneficial, especially if you later plan to pursue a PhD or teaching career. M.Com strengthens your academic foundation.
harsh singh 31 March,2025
Hi,
List of some of the best colleges for M.Com in Kanpur includes:
- Chhatrapati Shahuji Maharaj University, Kanpur
- Rama University, Kanpur
- D.A.V college, Kanpur
- Pandit Prithi Nath college
- Vikramajit Singh Sanathan Dharam University
- Armapore PG college
- Omar Vaishya Lala Purushottam Das College
Hope this information will help you
Devraj 25 February,2025
Hello,
Admissions for the M.Com program at Mumbai University for 2024 have already concluded. The online registration started on May 22, 2024, and the last date for application submissions was June 15, 2024. The admissions process was based on merit, and no entrance exam was required. The university will release its merit lists based on candidates' undergraduate performance.
Hope this helps you
Tanya Gupta 23 October,2024
To be eligible for admission to the Master of Commerce (M.Com.) program at All Saints College, Thiruvananthapuram, you must have a minimum of 45% marks in b.com and you must appear for Kerala university conducted for m.com admission.according to last years cutoff you need to be under 750 rank in the entrance exam as marks are always fluctuating every year with the performance of candidates so there will be change every year in cutoff marks but rank will still the same.
sadafreen356 14 October,2024
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