M.Com Distance Education - Distance M.Com Degree Course Syllabus, Fees, Admission

A distance MCom degree is a two-year course that trains students in economics, accounting, finance, and taxation. Equipped with a distance MCom degree, students will find it easier to establish a career in finance, banking etc. The distance Master of Commerce degree offers immense flexibility in terms of the learning schedule for a student as the learning process can be done remotely. This course is ideal for anyone who wishes to pursue their studies further and develop skills that will help them become more confident and competitive in the growing business world while balancing other commitments they might have. 

With the help of a distance MCom degree, students can enrol in a post-graduate degree that lets them study in a remote setting. A distance degree only calls for the need to visit a physical university campus during exams or sometimes to attend important classes. 

The distance MCom course allows students to study and understand crucial analytical and strategic skills that help them solve complex business challenges. This in turn helps students grow their career prospects in the financial market. Other than the two-year distance M.Com degree, students can pursue various types of MCom courses. Here is a list of some of them:

• Online MCom (Duration 2-4 years): This kind of MCom degree is 100% digital. With provisions and benefits like a virtual classroom environment, online classes and study materials that can be accessed from anywhere, anytime,  the online MCom degree offers immense flexibility to a student.

• Part-time MCom (duration 2.5-4 years): With the help of the part-time MCom program,  students can find a balance between their personal/professional commitments and their need to further their education. 

Programme  Benefits

The distance MCom degree can act as the perfect catalyst for students and young professionals and help them land the job of their dreams. They get to do this while honouring any previous commitments they might have to fulfil. The scope of an MCom degree is endless with a world of possibilities round the corner. Here is a list of the benefits that some of the best distance MCom learning courses can offer:

Endless choices: One of the best things about pursuing a distance MCom degree is that the degree offers several subjects for students to choose from. These include subjects like economics, taxation, international finance etc. As a result, students have a wider horizon to explore. 

Flexible: An MCom distance education course helps students easily complete their studies and upskil themselves while they balance any other commitments they might have. The MCom distance education course is a remote degree that students can pursue from anywhere only needing to be physically present to take examinations.  

Best for young professionals: With a regular Master of Commerce course, students need to visit an on-campus university to attend classes and ultimately finish their studies. This rarely leaves any room for any other commitments, let alone pursuing a job. However, an MCom with distance education lets young professionals continue their jobs while adding more skills and learning to their portfolios

 Affordable: Apart from the obvious flexibility that a distance MCom degree offers its students, another aspect is its affordability. Mostly, distance courses are quite affordable when compared to on-campus or regular courses. Even with the curriculum designed in the same manner, distance degrees act as a great means to grow one's educational qualification even with a financial crunch at play. 

Quality education: The concept of distance education hasn't always been very popular. However, of late, this mindset has changed. Distance education is no longer synonymous with low-quality education. Now, most top universities that offer a distance MCom degree, design their curriculum with the help of industry experts to provide the best knowledge to its students. 

Effective: Since there is no compromise on the quality of education, neither is the effectiveness of the courses. Students pursuing distance education from any college fare equally well, if not better, than those studying via regular colleges.  

Top MCom Specializations

• MCom in Management 
• MCom in Economics
• MCom in Finance
• MCom in Taxation
• MCom in Accounting and Finance
• MCom in Finance and Systems
• MCom in International Finance 

Top Colleges and Universities Offering Distance MCom

Here are the reputed colleges and universities that offer distance MCom to students:

• IGNOU or Indira Gandhi National Open University 
• Lovely Professional University
• Chandigarh University 
• Sikkim Manipal University 
• Madurai Kamaraj University 
• Delhi University

Fee & Scholarship

Here's  a combined look at the fee structure that each University offers its students when they decide to apply for distance MCom courses:

Eligibility Criteria

Most of the time, the educational qualifications needed to pursue an MCom distance degree stay the same from university to university. However, some universities might require additional qualifications. Some of them are listed below. 

For Indian Students:

Bachelor's Degree: Potential students or young professionals must have a Bachelor's degree in Arts or a similar discipline from an accredited university. When it comes to the minimum marks obtained in graduation universities do put a cap on it and usually require a minimum of 50% marks in graduation.

MCom Entrance Exam: More often than not, there are no entrance exams that students need to take to apply for a distance MCom course. However, this again could differ from one University to another, specifically keeping in mind the CUET.

Admission Process

If you have decided on the specialization you want to pick and the university you want to pursue your degree from, you are halfway there. For students who wish to continue their education with a distance MCom course, here are the main steps to keep in mind as a part of your admission process

Check the eligibility criteria: Make sure you fulfil all the eligibility criteria set down by the university of your choosing. Once determined that you have fulfilled all of them, proceed to the next step. 

Fill out the application form: Now, you will move one step ahead near your admission into the college. Fill out the application form with accurate details and don’t forget to choose the course you had your mind to pursue. Ensure all the details entered in the application form match with the documents that you are asked to upload.

Upload documents: This step is an extremely crucial one so ensure that all your documents are clear when you upload them. The university will usually ask students for their Aadhar Card, PAN card, Bachelor’s degree mark sheet, and the latest passport-size photograph. If post uploading of the documents you are asked to pay the enrollment fees, do so. This step however might differ from one university to another. 

Wait for university approval: It does take some time for universities to cross-check your documents. Once that is done the university will send you a confirmation message, 

Pay the first semester/year’s fee: Once you receive confirmation from the university, proceed to pay your fees and your admission is done. 

Placement Assistance

There are a lot of reasons students are apprehensive about pursuing a distance MCom degree. One of these reasons is related to a university/degree’s placement options. Finding a job is very important for any young individual, and a lot of the top universities offer this provision even with the distance MCom degree too. However, it is also best that students check with their university of choice about this option before enrolling. 

Potential Job Roles and Job Opportunities for DistanceMComGraduates

Here’s a look at the following potential job roles that you can explore post-completion distance MCom degree programme : 

• Financial Analyst
• Junior Accountant 
• Marketing Coordinator 
• Chief Financial Officer (CFO)
• Marketing Director
• Vice President of Human Resources
• Financial Manager
• HR Manager
• Operations Manager

Industry Hiring Partners and Recruiters

There are a lot of companies looking to recruit young professionals who have completed their Master’s. Here is a list of some of them:

• Accenture
• Capgemini
• EY
• Accenture
• Insight Sourcing Group
• McKinsey & Company
• Deloitte
• KPMG
• PwC
• Ernst & Young
• TCS
• Infosys
• Wipro 
• HCL Technologies
• Tech Mahindra
• Bajaj Finance
• Aditya Birla Finance
• Mahindra Financial Services Limited

FAQs

• Is distance MCom recognized in India?

Yes. Almost all the top universities that offer a distance MCom degree for students to pursue are UGC-approved. This makes it crucial for both government and private sector companies to recognise the importance of students having passed an MCom distance course.

• What kind of support does a student of a distance MCom degree receive from the university?

The university helps its students enrolled in the distance MCom degree in the following ways:

• Providing learning materials, textbooks, and online resources for students to learn from.
• The ability to reach out to faculty through email, chat and discussion forums if the need arise

• Other than the companies listed above, what other companies employ students with a distance MCom degree?

Here is a list of some more companies that employ graduates of distance MCom degrees:

• HDFC Bank
• ICICI Bank
• Axis Bank
• LIC
• ICICI Prudential 
• HDFC Life
• Aditya Birla Sun Life Insurance

• Can I get a placement opportunity after a distance MCom?

Even though this provision varies from one university to another, a lot of the universities offering distance MCom courses to its students also take care of the placement post-completion of the degree. However, if this is important for you, it is best to confirm the same with the universities and apply in one that has this provision. 

• What are the basic eligibility criteria for the distance MCom?

Potential students or young professionals must have a Bachelor's degree in Arts or a similar discipline from an accredited university. When it comes to the minimum marks obtained in graduation universities do put a cap on it and usually require a minimum of 50% marks in graduation.