Top Online MCom Colleges in Chennai

Several universities in Chennai offer online Master of Commerce (MCom) programs designed to meet the needs of working professionals and students balancing work, study, and personal responsibilities. These institutions often have affiliations with reputable universities across India that provide quality education and career advancement opportunities. This article highlights the top online MCom colleges in Chennai, with a focus on institutions affiliated with partner universities in and around Chennai.

Online MCom programs equip students with essential commerce skills, accounting expertise, and leadership abilities while providing the flexibility to manage personal and professional commitments. The increasing demand for online education has encouraged established institutions in Chennai to offer diverse and specialized MCom programs.

Top Online MCom Colleges in Chennai by Ranking 2024

Top Private Online MCom Colleges in Chennai

The top private online M.Com colleges in Chennai have modern syllabi, pragmatic teaching techniques, efficient physical resources, and a powerful industry interface that assists in upgrading students’ placement opportunities and leadership qualities. Most of these colleges are known to offer a good placement with multinationals and leading Indian organizations and ensure students get value for their money by providing them with well-paid jobs.

Below is the detailed list of top private M.Com colleges in Chennai: 

1. Amity University Online

The M.Com online program offered at Amity University focuses more on commerce, economics, and business law. Academic rigor remains since the program has been designed with the working professional in mind.

• NIRF Ranking: 32
• Recognitions: UGC recognized, NAAC accredited with an A+ grade.
• Specializations Offered: Financial Management and Financial Technology.
• Fee Structure / ROI: Fee - INR 1,20,000

2. Bharathidasan University (BDU), Tiruchirappalli

Despite being situated in Tiruchirappalli, the online MCom program offered by Bharathidasan University is popular among students in Chennai and other parts of India. BDU’s MCom program offers specialized commerce, business, and finance education.

• NIRF Ranking: 36
• Recognitions: UGC approved, NAAC accredited (A+ Grade), DEB approval
• Specializations Offered: Accounting and Business Management
• Fee Structure: INR 9,400 (approx.)

3. Dr. M. G. R. Educational and Research Institute

Dr. M. G. R. Educational and Research Institute offers one of the best online M.Com courses. Students learn accounting, business management, and economics subjects. When obtained, the course should provide students with skills in financial management and Business Strategy.

• NIRF Ranking: 101-150
• Recognitions: UGC recognized, NAAC accredited with an A+ grade.
• Specializations Offered: General MCom
• Fee Structure / ROI: Fee - INR 1,25,000.

Eligibility and Admission in Private Colleges

Private colleges in Chennai offer an opportunity for young talents fresh from college and experienced professionals to get higher educations. Below is an overview of the typical eligibility criteria and admission process followed by good online M.Com colleges in Chennai:

Eligibility Criteria: The basic admission parameters on the M.Com admission for private M.Com colleges are similar, but minor variations may exist.

• Bachelor's Degree: Eligibility requirements include that the candidates must be holders of a Bachelor’s degree from any recognized University or other recognized institution.
• Minimum Percentage: Most colleges require a minimum aggregate mark of 50% (45% for students in the SC/ST/OBC categories).

Admission Process: Every candidate must complete the application form for the top online M.Com institutes in Chennai to which they are applying. The application forms are accessible on the college’s website for easy download and access.

Most universities require applicants to upload documents such as marks sheets/transcripts, entrance examination scores, identity proof, and, at times, a statement of purpose. 

Entrance Exam Requirement 

Online M.Com colleges do not typically require an entrance exam. However, some common entrance examinations may include CUET, NEST, and IISER.

Top Government Online MCom Colleges in Chennai

Government online M.Com colleges in Chennai are in high demand due to their commitment to research, practical learning, and value-based education. These institutions usually partner with some of the best-known universities and offer different specializations to fit various needs due to changing market conditions as firms demand.

1. Indira Gandhi National Open University (IGNOU)

IGNOU is one of the largest open university systems in India, and it focuses on providing quality education with the help of distance education and online programs. The M.Com program online gives a systematic approach to commerce, accounting, and finance for students’ requirements.

• NIRF Ranking: 1 (Open University Ranking)
• Recognitions: UGC recognized, NAAC accredited with A++ grade.
• Specializations Offered: General M.Com.
• Fee Structure / ROI: Fee - INR 18,600, Average Salary - INR 3,00,000 to 4,00,000

2. University of Madras - Institute of Distance Education

The University of Madras—Institute of Distance Education in Chennai offers an online MCom program. The concentration of finance, accounting, and economics is widely recognized as comprehensive.

• NIRF Ranking: 39
• Recognitions: UGC approved, NAAC accredited with A++ grade
• Specializations Offered: General MCom
• Fee Structure: INR 13,350- INR 13,750

Eligibility and Admission in Government Colleges

This is very competitive to get admission to top online M.Com colleges in Chennai. These institutions offer an opportunity for young talents fresh from college to become experienced professionals. Below is an overview of the typical eligibility criteria and admission process followed by most government M.Com colleges in Chennai:

Eligibility Criteria: The basic admission parameters on the M.Com admission for government M.Com colleges are similar, but minor variations may exist.

• Bachelor's Degree: Eligibility requirements include the candidate's having a bachelor’s degree from any recognized university or other recognized institution.
• Minimum Percentage: Most colleges require their minimum mark percentage to be 50% in aggregate (45% for students belonging to the SC/ST/OBC categories).

Admission Process: After clearing the requirements and entrance examination, the admission process to the best institute for online M.com in Chennai usually includes online registration, document submission, and fee payment.

Entrance Exam Requirement 

Online M.Com colleges do not typically require an entrance exam. However, some common entrance examinations that students may be asked to attempt include CUET, NEST, and IISER

Top Online MCom Colleges with Low Fees

Several top online M.Com colleges in Chennai offer education at comparatively lower fees, allowing many students to be admitted without compromising quality. These colleges provide quality management courses, qualified faculty, tie-ups with industries and placement facilities, and the complete education and training needed to face the stiff business market.

• Indira Gandhi National Open University (IGNOU)

IGNOU is one of the largest open university systems in India. It focuses on providing quality education through Distance Education and Online programs.

• Fee: INR 18,600
• Specializations Offered: General M.Com.
• Average Salary: INR 3,00,000 to 4,00,000

• University of Madras- Institute of Distance Education

Online MCom is offered by the University of Madras- Institute of Distance Education in Chennai. The finance, accounting, and economics concentration of their online MCom programs has been widely recognized as comprehensive.

• Fee: INR 13,350- INR 13750
• Specializations Offered: General M.Com.
• Average Salary: INR 3,73,000

Online MCom Colleges in Chennai Known for the Highest Salary Package

As more colleges are shifting to online platforms for delivering their courses, many top-rated online M.Com colleges in Chennai offer online M.Com, which is reputed for providing a high salary after completing the course. These colleges are industry-oriented and deliver global standards curriculum, and Placement is always a boon for any professional as far as these colleges are concerned.

• Dr. M.G.R. Educational and Research Institute

Dr. M.G. R. Educational and Research Institute offers one of the best online M.Com courses. Students learn accounting, business management, and economics. When obtained, the course should provide students with skills in financial management and Business Strategy.

• Highest Salary: INR 24,00,000
• Specializations Offered: General MCom
• Fee Structure: INR 1,25,000

Conclusion

Selecting an appropriate Online M.Com Colleges in Chennai is essential for students who want to build their careers in commerce and improve their knowledge and skills for better job placement. These universities offer online MCom programs that provide not only a good education but also skill development with industry linkages, internships, and placements. Any commerce student interested in unlocking profitable employment openings may consider the following institutions when enrolling in their top online M.Com schools in Chennai.

FAQs

1. How many Top Online MCom colleges are there in Chennai?

Chennai has over 50 leading online M.Com colleges in Chennai, which can offer different programs for their students.

2. Which popular exams are accepted for Top Online MCom colleges in Chennai?

Some of the common entrance exams taken are the GMAT and CAT, but the majority of the online MCom programs do not require entrance exams. 

3. What specializations are offered in Online MCom colleges in Chennai?

Some common concentrations are Finance, Accounting, Business Administration, and Taxation.

4. What is the eligibility for admission to Top Online MCom colleges in Chennai?

Typically, candidates should hold a degree in commerce or a related field. Some institutions, however, may consider work experience or entrance exam scores where applicable.

5. Which is the No. 1 Online MCom college in Chennai?

Dr. MGR Educational and Research Institute is one of the top online M.com institutes in Chennai, recognized for its quality curriculum and industry relevance.