Online BCom at NMIMS

SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) is a reputed institution for higher education. Founded in 1981, it became a deemed-to-be university in 2003 by the University Grants Commission (UGC). The institute is recognized for its innovative programs and a global learning environment. The online BCom at NMIMS gives students a strong foundation in commerce and finance. The course offers flexibility and quality to cater to the needs of both students and working professionals.

The NMIMS Centre for Distance Education offers an online BCom, which helps students focus on careers in commerce and finance. Here are some of the reasons why a student should choose NMIMS:

• Prestigious Institution: Since 2003, NMIMS has held Deemed-to-Be University status, earning respect and recognition.

• Comprehensive Syllabus: The Online BCom Syllabus aims to cover in-depth topics of commerce and finance. The NMIMS BCom syllabus also covers Principles of Management, Strategic Management, Financial Accounting, Microeconomics, Corporate Finance, Investment Products & Analysis, Entrepreneurship Management, and Financial Modelling.

• Relevance to Industry: The curriculum integrates business-focused courses, equipping students with practical financial skills essential for today’s market.

• Building a Foundation: The BCom course reinforces an understanding of commerce disciplines, including accounting, finance, taxation, and management. It allows the students to analyze business problems, understand their complexities, and devise fitting solutions.

• Accessible Education: Since the course is provided online, students can view all study materials, lectures, and other resources whenever they want. There is no strict schedule, so learners can work whenever and from wherever they like.

• Coordinated Support: NMIMS provides career counseling, a Student Success Team, and 24/7 academic assistance.

The Online BCom from NMIMS offers several advantages, such as: 

• Simplified Program Framework: With three years, six semesters, and 144 credits overall, the program has a simple plan. Students get about six years to complete the course. 

• Focus on Skill Development: Includes technical training in Tally ERP, soft skills enhancement, and entrepreneurship management to boost career prospects.

• Preparation for Career: Courses like Soft Skills for Managers and Start-your-Start-up provide real-world job skills. NMIMS collaborates with 500+ hiring partners for placement opportunities.

• Online Learning Features: The Online BCom at NMIMS uses online learning tools that simplify studying. Furthermore, students can also study with e-books, journals, and lecture transcripts. They can also watch recorded lectures.

The fee structure for the online BCom program at NMIMS is straightforward and flexible. Students have the option to pay semester-wise or annually. Here is the breakdown of NMIMS BCom fees:

Flexible Payment Options

• Semester-wise fee: ₹18,000 per semester (6 payments)
• Annual fee: ₹33,000 per year (3 payments)
• Full program fee: ₹94,000 (one-time payment)
• An initial amount of ₹10,000/- is required at registration.
• EMI options available through major banks

Exam and Project Fees

• Exam Fee: ₹800 per subject per attempt
• Project Fee: ₹1,500 per attempt

NMIMS also offers financial assistance to students. An EMI facility is available for fee payments through credit cards from leading banks. Students from the armed forces and their families receive a 20% concession on the program fee as part of the scholarship policy.

To enroll in the online BCom program at NMIMS, candidates must meet the following eligibility criteria:

• Completion of HSC (10+2) in any discipline from a recognized board with a minimum of 50% marks (45% for SC/ST/OBC/PwD candidates).

• Submission of an Academic Bank of Credits Identification Number (ABC ID) as mandated by UGC guidelines.

• Candidates who do not already have an ABC ID can create one.

The admission process for the NMIMS Online BCom is straightforward:

Step 1: Registration: 

Apply online through the NMIMS website. A counselor will guide the next steps.

Step 2: Document Submission

Submit attested copies of academic and KYC documents. The documents have to be uploaded online.

Step 3: Fee Payment: 

Students shall pay the program cost online or with a demand draft to confirm their admission.

Step 4: Confirmation: 

Admission is confirmed after payment and documents are verified. The institution assigns each student a unique student number.

The Online BCom program at NMIMS prepares students for diverse career opportunities, including:

• Accountant: Manage financial records, tax preparation, and compliance for businesses.

• Financial Analyst: Evaluate market trends and company performance to support investment and budgeting decisions.

• Accounts Manager: Oversee organizations' financial accounts, accounting operations, and financial statements.

•  Relationship Manager: Work closely with clients to understand financial needs, provide solutions, and build long-term business relationships. 

• Support Executive: Handle customer inquiries, resolve issues, and ensure client satisfaction.

NMIMS stands out as a leading institution for online BCom programs. However, more universities offer online BCom. They are:

• Kalinga Institute of Industrial Technology: KIIT is a UGC-approved university. It also offers an industry-aligned online BCom program. It provides students with a strong foundation in commerce and business.

• Suresh Gyan Vihar University: This is a NAAC-accredited university. Its curriculum is designed to increase job readiness through learning and industry exposure.

• Jaipur National University:  This university offers an online BCom program focusing on practical skills and commerce fundamentals. The course structure is designed for flexibility and career advancement.

These schools provide high-quality, career-focused programs that are also flexible. They give students a strong foundation in commerce and help them pursue successful careers.

For employment, NMIMS offers individual support to its online students. This can help them launch their careers right after graduation. Here are its salient features:

• Job portal accessibility: For six months, students can use career sites such as Hirist, Updazz, and IIM Jobs. It enables pupils to investigate career options. This portal disseminates regular information regarding career fairs, internship opportunities, and job openings.

• Personalized coaching: NMIMS offers its students placement assistance as they go from school to the workforce. It assists in ensuring students are ready for the corporate world.

1. How long does completing the Online BCom at NMIMS take?

The program involves six semesters and can be completed in three years.

2. What is the total cost for BCom at NMIMS?

The total fee is INR 94,000, which has to be paid in advance. It may also be paid in annual or semester-wise installments.

3. Are there any fee concessions or scholarships available?

Yes, students from the armed forces and their families can get a 20% discount.

4. Can I pursue an online BCom at NMIMS if I am already working?

Absolutely, it is 100% possible to do an online BCom program at NMIMS as it is flexible enough for everyone.

5. Will online BCom students get any placement opportunities from the institute?

NMIMS supports online students through a Career Services Team, a job portal, and various networking events.

6. When is the application deadline?

Yes, the deadline for admissions is March 17, 2025.