Online M.Com :Course details, Eligibility, Fees, Duration

Introduction

Online M.Com is an extensive two-year master's program in Commerce offered through flexible online learning mediums. It helps build strong analytical, quantitative, and problem-solving abilities for diverse roles across finance, accounting, banking, financial analysis, and consultancy sectors. The comprehensive curriculum covers financial management, advanced accounting, business economics, direct and indirect taxation, and auditing, marketing, and human resource management.

Online M.Com provides the advantage of seamlessly balancing education with full-time work commitments. It is approved by UGC and equally valued as a regular on-campus M.Com. Graduates can explore abundant job opportunities and lucrative career growth in diverse commercial domains in India.

Course Details

Online M.Com is an extensive 2-year online learning program with a well-rounded curriculum covering core commerce subjects. It includes courses like financial accounting, corporate taxation, investment analysis and portfolio management, strategic management, organizational behaviour, integrated marketing communication, performance management, and business analytics.

In virtual classrooms, students learn through recorded video lectures, live interactive online classes, case study analyses, and group discussions. Rigorous assessments include assignments, quizzes, group projects, vivas, and proctored online exams.

Electives allow customizing the program as per interests in Finance, Banking, Direct Taxation, and Business Analytics. The focus is on building strong analytical thinking, quantitative skills, commercial acumen, and ethical business practices.

Key Highlights

1. Learn highly valued commerce skills in accounting, taxation, auditing, marketing, HR, and finance through a rigorous curriculum 
2. Build and strengthen analytical thinking, problem-solving, and financial modelling skills 
3. Specializations offered enable customizing as per interests like Finance, Banking, Taxation, and Marketing 
4. Recorded lectures and customizable pace suits working professionals 
5. Significantly lower cost than full-time on-campus M.Com

Eligibility Criteria

Online M.Com eligibility criteria include:

1. Bachelor's degree in any discipline with a minimum 50% aggregate marks (relaxation for reserved categories)
2. Bachelor's degree in Commerce is preferred for direct admission
3. Graduating students in their final year can also apply.
4. No strict age limits, which is ideal for working professionals

Admissions are granted based on academic scores, relevant work experience, achievements, and extracurricular activities. Some colleges may conduct personal interviews and tests. A bachelor's degree in Commerce is preferred for direct admission. Non-Commerce graduates may have to demonstrate strong aptitude. Relevant work experience provides an edge during the admission process.

Other Specialization in Online M.Com

Course Fee

Online M.Com course fees in India range between:

1. INR 25,000 to 1,40,000 for the complete 2-year program duration
2. Public universities and government institutes charge INR 25,000 to 50,000
3. Leading private colleges range from INR 50,000 going up to INR 1,40,000
4. Additional costs for learning software, online exam proctoring, access to databases
5. The course fee varies based on college brand value and program credentials
6. Easy EMI options, scholarships, and education loans available to support fees

Significantly more affordable than full-time residential 2-year M.Com programs in India. Also economical versus acquiring Online M.Com degrees from foreign universities.

Course Duration

Duration of Online M.Com:

1. The typical duration of 2 years program divided into 4 semesters
2. Classes conveniently scheduled on evenings and weekends suit working professionals
3. Recorded video lectures enable customizable self-paced learning
4. Each semester approximately 6 months in duration
5. Option to take additional courses and finish faster in under 2 years

The flexible duration options allow working professionals to comfortably pace their learning and complete the program over an extended timeline aligned with their other commitments.

Jobs and Career Opportunities

Completing Online M.Com opens up the following rewarding career avenues:

1. Accountant
2. Finance Manager
3. Tax Consultant
4. Auditor
5. Marketing Manager
6. Investment Banker
7. Financial Advisor
8. Stock Broker

With expertise in commerce topics, graduates can explore job roles in banking, corporate accounting, financial analysis, auditing, consulting, and teaching. The average starting salary ranges from 5-10 Lakhs per annum based on specialization and college reputation.

Why Choose Online M.Com?

Key benefits of pursuing Online M.Com:

1. Learn from highly qualified faculty and industry experts
2. Develop sharp analytical skills for diverse commerce roles
3. Specializations offered in Finance, HR, Taxation, Marketing, Banking
4. A flexible schedule enables seamless balancing work and Significantly lower costs compared to full-time on-campus programs
5. Opportunities to work full-time while studying
6. Gain expertise in accounting, taxation, auditing, analytics
7. Open doors to lucrative careers in commerce domains

Ideal for B.Com graduates looking to deepen their expertise and enhance employability.

Scope in India

Considering the rapid growth of the finance and commerce sector in India, Online M.Com graduates have abundant job opportunities across diverse domains such as:

1. Banking: For roles in credit analysis, portfolio management, financial planning
2. Insurance: As risk analysts, actuaries, underwriters, sales managers
3. Financial Services: As equity research analysts, consultants, tax experts
4. E-commerce: In financial controlling, inventory planning, logistics
5. Automotive: As cost analysts, budgeting managers, financial controllers
6. Media & Entertainment: As business analysts, revenue managers
7. Teaching: As lecturers, professors, instructors

With rising demand for commerce experts, Online M.Com provides extensive lucrative career growth opportunities in India.

Also Read: MCom: Full form, Admission 2024, Fees, Syllabus, Entrance Exam & Career Scope