Masters of Commerce (MCom) Online Course
Subjects, Eligibility, Fees, Scope, Jobs, Admission, Top Universities
What is MCom?
Master of Commerce (MCom) is a two-year postgraduate degree program like any regular or distance MBA degree course.
The Program enriches entrepreneurial concepts and environments, trains with business-functional procedures, develops analytical skills, and managerial outlook sought in a candidate for handling modern and technical business operations.
M.Com is a proficiency building course that allows a candidate to start working or pursue further education. It is career-oriented towards making a career in teaching, banking, finance and tax consultancy, or working in an establishment (private, public, or government) in accounting, financial management, sales and marketing, and allied fields.
MCom: Course Highlights
| MCom Full Form | Master of Commerce |
|---|---|
| Course Level | Postgraduate |
| Duration | 2 years |
| Eligibility | Any Graduate/ Bachelor’s degree |
| MCom recruiting organizations | HCL, HP, Infosys, TCS, Capgemini, Cognizant, Flipkart, Amazon and others |
| Mcom Jobs | Chartered accountant, ACCA, corporate Secretary, Chief Financial Officer, Investment Banke, Tax Comsultant, Operations Manger, Company Secretary |
| Average Course Fee | INR 40,000 – 1.5 Lakh |
| Average Starting Salary | INR 2 – 10 Lakh |
| MCom Subjects | Accounting Theory, Business Policy and Environment ,Corporate Governance, Financial Management, Marketing Management, Capital Market Instruments, Computer Applications in Commerce , Retail Banking, Human Resource Management, Organizational Behaviour, Business Research Methods, Personal Financial Planning, International Business, Portfolio Management, Statistics for Business Decisions, International Accounting, Operations Research, International Financial Management, Strategic Management |
MCom Course Eligibility
MCom is a postgraduate degree and often seen that students who have successfully completed a BCom seek to pursue it. However, candidates from other streams can also aspire to do so. BCA, BSc., or BA graduates can also do it. Hence, a graduate passed out from any stream and earned any percentage of numbers is eligible for studying MCom under the online mode of education.
However, the eligibility criteria may differ from college to college. Some colleges may keep a ‘certain passing percentage’ or ‘entrance test’ or a particular stream as an admission criterion.
MCom Courses Structure/Syllabus
Online MCom degree course progresses through four semesters. The Program encompasses distinct core and elective subjects, significant in learning the business and its operational aspects such as:
Online MCom Specialisations
You can do an MCom with specialisation in a specific subject such as Accounting and Finance, Taxation, Banking and Finance, Marketing, E-Commerce, etc. Acquiring a field based expertise helps in directing career and building a job-profile. Different categories of MCom specialisations are like:
MCom Accounting and Finance | MCom Computer Application |
MCom Taxation | MCom Marketing |
MCom Banking and Finance | MCom Business Management |
MCom Business Administration | MCom Financial Management |
MCom E-Commerce | MCom Finance and Control |
MCom Statistics | MCom Accountancy |
MCom Economics | MCom Banking |
Top University for Online MCom
Online education is an accredited mode, and various universities and colleges have been central-government accredited to provide degree and diploma/certificate courses online. Introducing some such top-ranked institutions, that provide online MCom let’s overview some:
University of Mysore (UoM)
UoM is a century older university established in Mysore, India. It was the first in the country to be accredited by NAAC in 2000 with Five Star Status. It is UGC (University Grant Commission) approved and acknowledged as an autonomous institution by the government of India. It is offering several streamlined and long-established and streamlined graduation and undergraduate courses online too.
Online Master of Commerce (M.COM) is a two-year proficiency building program in the fields such as accounting, statistics and economics, banking, business operations, etc.
Guru Nanak Dev University (Amritsar)
GNDU, established about 50 years ago in Amritsar, India, holds UGC accreditation for online education. Awarded with “Category One” status and conferred with the title of “University with Potential for Excellence” by UGC, it scores 3.51 on a scale of 4.00 and an A++ grade under the NAAC (National Assessment and Accreditation Council) regulations. It offers several online degree courses for graduation and post-graduation.
MCOM program at the Guru Nanak Dev University, Amritsar is a learning outcome-based academic course to foster entrepreneurship, business operations, investment planning, auditing and corporate entities, taxing systems, sales and marketing, financial aspects, and administrative fields.
Career & Jobs with online MCom
With an MCom, a candidate can go for jobs or opt for further studies like PhD. or for pursuing a certification course in teaching/lectureship or accounting (CA, CFA, CMA, ACCA, etc.).
M.Com is a proficiency building course that allows a candidate to start working or pursue further education. It is career-oriented towards making a career in teaching, banking, finance and tax consultancy, or working in an establishment (private, public, or government) in accounting, financial management, sales and marketing, and allied fields.
An MCom graduate may start as a:
Sales Officer
Accounts Manager
Finance Manager
Company Law Assistant
Cost Accountant
Financial Advisor
Financial Consultant
Tax Consultant
MCom graduates can earn around 3.5 and above per annum at their career starting stage working for any good government, public, private organisation, banking, or financial establishment.
Online MCom vs Distance MCom in Education
How is online MCom different from the one offered under the distance education mode? Online MCom does not differentiate on the course structure and worth. It is identifiably different in the nature of a mode of education only.
Doing MCom online can be far more convenient and studying more comprehensively. Online education or e-learning is not only affordable, but it is also productive for learning at your own pace and place through the provided e-books, videos, and ppts. It accommodates diverse learning styles and focuses on the learner. It is for people of any age and from any land across the borders to enrol, study and get degrees online. Pursuing education along with doing a job or taking care of very young children at home is manageable with e-learning.
FAQ
1. Is online MCom a good course?
Online MCom is a two-year postgraduate degree program like any regular or distance MBA degree course. M.Com is good for pursuing further education in the commerce discipline, understanding the entrepreneur concepts, acquiring the functional skills sought in running a business, and building career prospects for a job in an establishment or the fields of teaching.
2. What is the online MCom full form?
Master of Commerce is the full form of MCom. It is a two-year degree program that advances through four semesters, pursued under the online mode.
3. What is online MCom Eligibility?
A graduate passed out from any stream (BA, BCom, BSc.) and earned any percentage of numbers is eligible for studying MCom under the online mode of education.
4. What is the online MCom scope?
With an MCom, a candidate can go for jobs or opt for further studies like PhD. or for pursuing a certification course in teaching/lectureship or accounting (CA, CFA, CMA, ACCA, etc.). Public, private, or government business establishments or banking sectors all hold job prospects for an MCom graduate in their departments of accounting, financial planning, taxation, and other allied fields.
5. What are the online MCom course subjects?
The Program encompasses distinct core and elective subjects, significant in learning the business and its operational aspects such as: Accounting Theory, Marketing Management, Corporate Governance, Financial Management, Business Policy and Environment, Capital Market Instruments, Human Resource Management, Organisational Behaviour, Computer Applications in Commerce, Retail Banking, Business Research Methods, International Business, Statistics for Business Decisions, International Accounting, Operations Research, Strategic Management, International Financial Management, and Business Communication.
6. Is online MCom a tough course?
MCom is to learn business management and entrepreneurship subjects. Any aspirant interested in pursuing it and seeking to build a career in the commerce and management sector can do it easily. In e-learning, the key to comprehension lies in your ability of how good you are with self-motivation and self-learning.
7. What are the career options after earning a MCom degree?
M.Com is a proficiency building course that allows a candidate to either start working or pursuing further education. M.Com is a proficiency building course that allows a candidate to start working or pursue further education. It is career-oriented towards making a career in teaching, banking, finance and tax consultancy, or working in an establishment (private, public, or government) in accounting, financial management, sales and marketing, and allied fields.
8. Is online Mcom degree valuable?
E-learning is today’s feasible, affordable, comprehensive, and accredited mode of education. It helps the working professionals, women homemakers or mothers of young children, and any candidate who wishes to pursue education and realise its career or educational aspirations.
9. What is the salary of an Mcom?
Candidates are likely to earn 3.5 Lakh and above per annum at the initial stage of their career with MCA qualifications.