Online MCom - Master of Commerce (Online Master of Commerce)
ONLINE M.COM -Master of Commerce
Online Master of Commerce is a postgraduate degree, that deals with commerce, accounting, management, and economics. The two-year degree course opens career opportunities in the corporate and finance sectors. It offers specialization in accounting, taxation, finance, and human resource management. This is a four-semester choice-based credit system course and has approval from UGC. After completing a two-year course, students get an academic degree from the respective university which is designated as a Master of Commerce.
Online Master of Commerce course is considered an entry point for professions like chartered accountancy, company secretary, cost and work accountancy, and insurance and banking services. One can also pursue higher studies and become a lecturer and assistant professor at a university. In this article, we will discuss the Online Master of Commerce full form, Online Master of Commerce general subjects, eligibility, admission, and career opportunities.
Why study Online M.Com?
Studying Online M.Com offers several compelling reasons for individuals looking to advance their career in the field of business and commerce:
| Specialized Knowledge | Online M.Com provides in-depth knowledge and expertise in various areas of commerce, including accounting, finance, taxation, marketing, economics, and business management. This specialized knowledge makes graduates valuable assets to employers seeking professionals with a deep understanding of these subjects. |
| Career Advancement | An Online M.Com degree enhances career prospects and opens doors to higher-level positions in companies and organizations. It equips individuals with advanced skills and qualifications, making them eligible for managerial and leadership roles. |
| Versatility | Online M.Com is a versatile course that allows graduates to work in diverse sectors of the economy, offering flexibility in choosing a career path. From finance and banking to consulting and research, Online M.Com graduates can explore various job opportunities. |
| Increased Earning Potential | With specialized skills and knowledge, MCom graduates often command higher salaries compared to those with only undergraduate degrees. The potential for increased earning potential is a significant incentive for pursuing this postgraduate course. |
| Personal Growth | Online M.Com not only enhances academic and professional skills but also fosters personal growth. Students develop critical thinking, problem-solving, and communication skills, which are valuable in both personal and professional settings. |
| Networking Opportunities | During the course, students have the chance to interact with peers, faculty, and industry experts, providing networking opportunities that can prove beneficial for future career endeavors. |
| Ph.D. and Research Opportunities | Online M.Com serves as a stepping stone for those interested in pursuing a Ph.D. in commerce-related fields. It opens avenues for research and contributes to academia. |
| Global Recognition | An Online M.Com degree from a reputable institution holds international recognition, enabling graduates to explore career opportunities globally. |
What is Online Master of Commerce full form?
Online MCom full form is Online MCom -Master of Commerce, which is a postgraduate course in the field of commerce. Major candidates who complete graduation with a B.Com proceed with Online MCom. It is one of the most prominent courses for commerce background students.
Online Master of Commerce Course - Highlights
| Course Name | Online M.Com |
| Course Level | Post Graduate |
| Full form | Online Master of Commerce |
| Course Duration | 2 Years |
| Admission Process | Based on the entrance exam/merit-based |
| Eligibility | Candidates are required to have 50 percent in B.Com from a recognized university. |
| Fees | Notified Soon |
| Career Opportunities | Chartered Accountant, Company Secretary, Insurance and Banking services. |
Online M.com -Master of Commerce Eligibility Criteria
| 1 | Students who have completed a bachelor's degree in commerce or any other related field are eligible to apply for an online M.com program. |
| 2 | The minimum percentage required for admission may vary depending on the university or college. |
| 3 | Some universities may require students to have a certain level of work experience before applying for the program. |
Online M.com -Master of Commerce Entrance Exam
| Many universities and colleges conduct entrance exams for admission to their Online M.com programs. |
| The entrance exams may vary depending on the university or college. |
| The admission process usually involves submitting an online application form, along with required documents such as academic transcripts, identity proof, and passport-size photographs. |
| The selection criteria may vary depending on the university or college, but it usually includes academic performance, entrance exam score, and work experience (if required). |
Online M.com - Master of Commerce Admission Process
| The admission to Online M.Com is based on the merit of a bachelor’s degree in commerce - B.Com from a recognized university or college. It is also based on an entrance exam. The admission process for the Online M.Com, in brief, is given below. |
| Eligible candidates are required to submit their application online at the college or university’s website along with scanned copies of the required documents. They have to pay the application fee online. |
| They can also download the filled-in application form and send it to the concerned department of the university/college along with required documents and receipt of application fee payment. |
| Candidates will be shortlisted based on the merit of the qualifying exam - B.Com. |
| Some of the universities/colleges conduct the entrance test. |
| Candidates have to appear for the entrance test conducted by the university or college. |
| Based on the entrance test result, candidates are invited for the counselling/interview. |
| Selected candidates have to report to the college/university/institute and complete the admission process, which includes, document verification and fee payment. |
Online M.com -Master of Commerce Fee
| The fee for an online M.com program may vary depending on the university or college. |
| The fee usually includes tuition fees, exam fees, and other miscellaneous charges. |
| Some universities may offer scholarships or financial aid to eligible students. |
Online M.com -Master of Commerce syllabus
| Semester 1 | Semester 2 | Semester 3 | Semester 4 |
| Paper/course | Research Methodology | Core Group | Core Group |
| Advanced Financial Accounting | Advanced Cost Accounting | Advanced Management Accounting | International Business Environment |
| Indian Financial System | Co - operation | Statistical Techniques | Project |
| Managerial Economics | Human Resource Management |
Careers Opportunities After Online M.com -Master of Commerce
Online M.Com degree holders have ample scope of the job in the finance and corporate sector. After completing the degree, they can choose and apply to various jobs, like operation manager, finance consultant, investment banker, marketing manager, accountant and business analyst.
The salary offered in various professions varies from sector to sector depending upon the skills, qualifications, experience, and other specific demands of the recruiters. As freshers or at the entry-level the average salary package offered varies from Rs. 2 lakhs per annum to Rs. 5 lakhs per annum. The experienced person can earn upto Rs. 8 lakhs per annum.
The details regarding some job opportunities are provided below:
| Operations Manager | Operation Manager deals with the hiring procedures, setting up targets, and team management. |
| Finance Consultant | The finance consultant guides the client on tax planning, investment, and retirement planning. |
| Investment Banker | Investment Banker helps clients to raise money in the capital market and issue debt or sell their equity in the companies. |
| Marketing Manager | Marketing Manager helps the organization and institute to develop and implement the marketing plans of the organisation. |
| Accountant | An accountant takes care of the finance-related matter of the organisations or institutes. He keeps the record of the expenses that occur throughout the year with the help of accounting software. He also makes the organisations aware of the existing fund and future expenses. An accountant prepares and distributes cheques, and manages record-keeping work at banks and account departments of various organisations. |
| Business Analyst | A business analyst, analyzes the market, product lines, and the overall profitability of the business. They analyse the problems and look for a suitable solution. |
Online M.Com Admissions in Top Private Colleges: Check Application Status
Interested students can also seek admission to Online M.Com courses from private colleges. There are a plenty of popular private colleges offering Online M.Com courses. Students can shortlist the colleges as per their suitability in terms of location and fees structure and then proceed with the admission procedure. Candidates must meet the Online M.Com eligibility standards specified by the universities when applying for the program to register for the course.
Some of the popular private colleges offering Online M.Com courses are:
| Name of College | Exams Accepted |
| Christ University, Bangalore | Christ University Entrance Test |
| St. Joseph's College for Commerce, Bangalore | MAT |
| Loyola College, Chennai | College-Based Test |
| Lovely Professional University, Jalandhar | LPU NEST |
| Chankya University, Bangalore | CUET-PG |
| Narsee Monjee College of Commerce & Economics, Mumbai | Merit-Based. No Entrance Exam |
| Amity University, Noida | Merit-Based. No Entrance Exam |
| Manipal Academy of Higher Education, Manipal | MET |
| Goswami Ganesh Dutta S.D. College, Chandigarh | PU-CET |
| Women's Christian College, Chennai | CBSE-12th |
Online M.Com Admission: Application Status
The deadlines for candidates to submit their applications for the following academic year are shown below for admission applications in India. Candidates should make certain that they do not miss the Online M.Com admission registration deadline. The Online M.Com program lasts two years and is divided into eight semesters. Candidates interested in pursuing Online M.Com must have a bachelor's degree in Commerce from a recognized university and pass the Online M.Com entrance test with the required cut-off marks.
Online M.Com Admissions in Top Government Colleges: Check Application Status
Online M.Com career scope offers good employment chances for students searching for exposure in the sector of commerce, with several job roles such as Business Analyst, and Financial Analyst. The aspirant can apply online using the university's admission site or in person by visiting the campus. Some of the renowned government colleges offering Online M.Com courses are:
| Name of College | Exams Accepted |
| Hindu College, Delhi | CUET-PG |
| Ramjas College, Delhi | CUET-PG |
| Hansraj College, Delhi | CUET-PG |
| Shri Ram College for Commerce, Delhi | CUET-PG |
| Madras Christian College, Delhi | CUET-PG |
| Sri Guru Gobind Singh College of Commerce, Delhi | CUET-PG |
| Kishinchand Chellaram College, Mumbai | MAH CET |
| Shaheed Bhagat Singh College, Delhi | CUET-PG |
| Osmania University College for Women, Hyderabad | CPGET |
| Banaras Hindu University, Varanasi | CUET-PG |
Skill Required for Online M.Com
The students interested in pursuing Online M.Com courses need to possess some basic skills These are:
| Numeracy skills | Good Communication skills |
| Problem-solving ability | Leadership skills |
| Critical and analytical thinking | Confidence |
| Multi-tasking | Adaptability |
| Committed | Time management |
| Strong negotiation skills | Quick Thinker |
Job Profiles for Online M.Com
Some of the prominent Online M.Com Jobs available to the postgraduates are:
| Job Profile | Job Description |
| Business Analyst | An enterprise analyst examines the market, product lines, and the general profitability of the enterprise. They examine the troubles and search for an appropriate solution. |
| Operations Manager | They deal with the hiring procedures, setting up of targets, team management, and the like. |
| Account Assistant | This includes maintaining ledgers, assisting customers, preparing and distributing checks, and basic bookkeeping work. |
| Finance Consultant | They help their clients in meeting their short and long-term goals by advising them on tax planning, investment and retirement planning, and others. |
| Accountant | An accountant looks after the finance-associated count of the companies or institutes. He maintains the report of the fees that arise for the year with the assistance of accounting software. He additionally makes the corporations privy to the present fund and destiny expenses. An accountant prepares and distributes cheques, and manages record-retaining paintings at banks and account departments of diverse organizations. |
| Stock Broker | Stock Brokers usually deal with stocks and perform financial services for the company. |
| Marketing Manager | Marketing Manager allows the corporation and institute to broaden and put into effect the advertising plans of the organization. |
| Cost Accountant | They usually perform routine analyses to help determine the type of Operations and substances that can be maximum price powerful for the workplace or their organization. |
| Assistant Professor | They are typically hired in institutes and faculties and educate the more youthful generations in the entirety of their trade and behavior studies at the same time. |
| Business Consultant | Their function is to research the market, product traces, and the general profitability of the business. |
| Investment Banker | Investment Banker allows customers to elevate cash inside the capital marketplace and difficulty debt or promote their fairness inside the companies. |
Top Recruiters for Online M.Com
The following are the top recruiters for the Online M.Com Graduates:
| Price Waterhouse | Grant Thornton |
| Lodha & Co. | SS Kothari Mehta & Co. |
| IndusInd Bank | TFC |
| Citibank | HCL |
| HDFC Bank | SBI |
| ICICI Bank | KPMG |
| Punjab National Bank | Ernst & Young |
| Amazon | Deloitte |
| PwC |
ONLINE MASTER OF COMMERCE (ONLINE MCOM - MASTER OF COMMERCE)
Online Master of Commerce (Online MCom - Master of Commerce) is a 2 Years Online Master Degree Courses program that focuses on Online Courses. The course combines theoretical knowledge with practical skills to prepare students for a career in Online Courses.
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