Are you a working professional or a remotely located candidate wanting to advance your career in commerce? Online/Distance Master of Commerce program provides flexibility and convenience to learn from the comfort of your home. This master’s program is curated to support individuals who have completed their bachelor’s education in commerce and are seeking higher education in commerce and business dynamics without attending regular classes. They offer training from industry experts and professionals in the same discipline in key domains like advertising and marketing, banking, e-commerce, business management, finance, IT, taxation, and human assets.
The online and distance Master of Commerce (MCom) program application is a tremendously designed program for physically challenged, candidates with home responsibilities, and working professionals. Students or learners pursuing an online/distance MCom course can complete their educational journey at their own pace, availability of time, and convenience. The comprehensive detailed curriculum of the master’s program in commerce course has been meticulously tailored to upgrade the candidates regarding the current market need. The core subjects taught in Online/Distance MCom include subjects such as Managerial Economics, Business Environment and Regulatory Framework, Marketing Management, International Financial Reporting Standards, Financial Reporting, and Analysis, and more.
This blog aims to provide authentic and comprehensive information regarding the Online/Distance MCom program. Read the full blog to learn about its admission process, entrance exams, eligibility criteria, fee structure, specializations, and more.
What is Online/Distance MCom
Online/Distance MCom Program is a two-year postgraduate program for candidates interested in advancing their skills and knowledge in commerce after the BCom degree. The online MCom program caters to the needs of fresh graduates from any stream, whether they are domestic or international students and working professionals seeking career advancement in the field of commerce. You must hold a UG degree in commerce or any discipline, with a minimum score of 45-50% marks from a recognized UGC University.
Several prominent online UGC -approved universities nationwide offer UG & PG courses like Hindu College, Jain University Online, Amity Online, SVSU Online, LPU Online, Chandigarh University Online, DY Patil University Online, GLA University Online, etc with quality education in different domains. Candidates can attend their classes online through live, virtual, and online interactive classes in the comfort of their houses regardless of their geographical locations.
Scroll below to get an insight into the overview of the Online/Distance MCom course.
Course Overview: Online/Distance MCom
| Attributes | Key Features |
| Course | Master of Commerce (MCom) |
| Course Level | Postgraduate level |
| Duration | 2 years (4 Semesters) |
| Recognitions and Approvals | AICTE, UGC, DEB, NIRF, NAAC (A+ A++) |
| Eligibility Criteria | Graduate with a Bachelor of Commerce degree from a UGC-approved institute Candidates should have attained a considerable amount of marks 45-50% minimumProfessionals with a work experience of 4-5 years minimumInternational students who have passed the CUET, NIMCET, SAT, KIITEE, IELTS, TOEFL, etc entrance exams |
| Entrance Exams | MAH CET, URAT PG, AP PGCET, CPGET, PUCET, DUET, KIITEE |
| Learning Mode | Online & Distance |
| Average Tuition Fee | INR 1,00,000* to INR 5,00,000* |
| Specializations | Finance and AccountingFinance MarketsInternational FinanceFinTech |
| Career opportunities | Assistant AccountantBusiness ConsultantFinance AnalystAccountantExecutive AssistantCorporate AnalystStock BrokerHRD ExecutiveFinance ManagerOperation ManagerPublic Relations ManagerCorporate BankerAuditorInvestment BankerAgentBusiness Analyst |
| Top Recruiters | TCSDellReliance GroupWiproGoldman SachsBain and CompanyHDFCTCSKPMGCity BankMcKinsey and CompanyBCG |
| Average Salary | INR 5,00,000* to INR 13,00,000* |
Eligibility Criteria of Online/Distance MCom
The eligibility criteria for Online/Distance programs vary depending on the college or university but certain criteria are common. Read below to learn about the eligibility criteria for an Online or Distance Master of Commerce in India:
- The students should hold a graduation degree from a recognized University/college.
- Must have scored a minimum of 45-50% marks in Bachelor of Commerce or UG degree from any discipline.
- No restrictions to the age, anyone can apply for a postgraduate degree in MCom for any specialization.
- Must qualify for the national exams of MAH CET, URAT PG, AP PGCET, CPGET, PUCET, DUET, KIITEE, etc to get admission in an Online/Distance MCom course.
Admission Process of Online/Distance MCom
You can apply to any UGC-accredited University/College of your choice for admission to an Online/Distance MCom through these easy steps:
- Registration Process: Search the official website of the UGC-authorized university to apply for the MCom course. Register by signing in to their Online/Distance program and paying their registration fee.
- Application Form: Enter all personal details as requested by the university/college in the application form for the MCom course and submit the fee.
- Verification & Approval: Next process includes verifications and approvals of your application. The university takes some time and once it’s done, the university will email your name listed on the shortlist.
- Confirmation: You get endorsed to the Online/Distance MCom program once the admission is confirmed. You can log in to the LMS with the details sent and access to other study resources.
Online/Distance MCom Specializations High in demand
| Online/Distance MCom in Financial Markets | Online/Distance MCom in Financial and Accounting |
| Online/Distance MCom in International Finance | Online/Distance MCom in FinTech |
| Online/Distance MCom in Computer Applications | Online/Distance MCom in Marketing |
| Online/Distance MCom in Taxation | Online/Distance MCom in International Business |
| Online/Distance MCom in Human Resource Management | Online/Distance MCom in Economics |
| Online/Distance MCom in Banking and Insurance | Online/Distance MCom in Foreign Trade Management |
| Online/Distance MCom in Accounting and Finance | Online/Distance MCom in Statics |
| Online/Distance MCom in E-Commerce | Online/Distance MCom in Mathematics |
Top UGC-Accredited University of Online/Distance MCom
| University/ College | Fee Structure* |
| Manipal University Online | INR 1,58,000 |
| Amity University Online | INR 1,10,000 |
| Lovely Professional University Online | INR 84,000 |
| Chandigarh University Online | INR 1,00,000 |
| GLA University Online | INR 86,000 |
| Uttaranchal University Online | INR 82,000 |
| Sikkim Manipal University | INR 98,000 |
| Jain University Online | INR 1,10,000 |
| IGNOU | INR 22,000 |
| Manav Rachna Centre of Online and Distance Education | INR 1,00,000 |