What is an Online MCom program?
An Online Master of Commerce (M.Com) program is a fully online learning program. The program is equipped with top-notch facilities that are essential and required in a student’s academic life, and make sure students are entitled to global education quality for better prospects.
The Online MCom program is delivered by an easy-to-understand and operatable LMS (Learning Management System) that allows students to interact with their faculty members and resolve their queries through discussion forums, live sessions, virtual classrooms, and webinars. The program offers various learning resources including practice tests, virtual lab environments, e-books, study guides, and many more.
The program helps students develop skill-oriented entrepreneurship knowledge, business communication at critical thinking, and proficiency in the field of business and commerce. It assists students to pursue higher education from their remote areas and provides an opportunity for career enhancement to working professionals.
The M.Com distance education program is no different from the regular M.Com program, and the results of the program are also the same. The function of remote mode is the same as regular mode. Online MCom and MCom distance education programs, are equally credible as a traditional MCom program and are recognized by the University Grants Commission.
The major key difference between an online MCom and an MCom distance education program is that under an MCom distance education program, there are no classes. Students are on their own to prepare for the exams in an MCom distance education program, they are provided with the study material only.
Eligibility Criteria of an Online MCom Program
Candidates willing to enroll in an Online M.Com program offered are required to fulfill the below-mentioned eligibility criteria and admission requirements of the program:
- The candidate must have passed a 3-year bachelor’s degree in any stream from a valid and recognized university.
- The candidate must have economics or mathematics as their subjects at their graduation level.
- There is no need to appear for an entrance exam or admission test for enrollment in an online M.Com program.
- No age restriction is set for the students applying for the online M.Com program.
- Students are advised to go through the eligibility criteria of their opted specialization under the online M.Com program on the official website of their preferred university to avoid any discrepancies as they may vary from one another.
Career prospects after Online MCom programs
The Online M.Com program prepares graduates for a variety of professions in finance, accounting, and business management. They can work as financial analysts, accountants, auditors, tax consultants, financial planners, or management consultants in corporate settings, financial institutions, government organizations, and multinational corporations. The program provides them with the skills and information required to succeed in dynamic and competitive work situations. M.Com program is the best-fit choice for students looking for a better career in the business or commerce domain as the program helps students to develop entrepreneurial, managerial, and leadership qualities. Leading MNCs and business corporations offer decent packages to skills and candidates from commerce backgrounds. The following are the career responsibilities and average income packages for graduates of online M.Com programs:
- Accountant – INR 3 – 6 LPA
- Financial Analyst – INR 4 – 8 LPA
- Tax Consultant/Tax Analyst – INR 4 – 7 LPA
- Auditor – INR 4 – 8 LPA
- Finance Manager – INR 6 – 12 LPA
Apart from the above-mentioned job prospects students can apply for various other jobs as well relevant to the specialization of Online MCom programs chosen by them.
What assistance does College Vidya offer?
College Vidya offers assistance to students who are willing to enroll in an online education program. At College Vidya, students can go through 100+ government-approved universities that offer valid and credible online education programs. College Vidya is 100% genuine and safe as it always asks students to pay their fees only on the official website of the university. That makes the transaction and service transparent and credible. Apart from that, College Vidya has recently launched its Subsidy offered as an additional discount by College Vidya to become a prominent contributor in increasing the GRE (Gross Enrolment Ratio) of India.
Conclusion
An MCom distance education and an online MCom program offer an opportunity to candidates who are willing to upskill an in-depth knowledge base in business, finance, and management. The curriculum of the Online MCom program includes relevant aspects and subjects with highly qualified and experienced faculty members who have hands-on experience and can be pursued anywhere even remotely. The eligibility criteria ensure that all those who apply are qualified to go through the advanced coursework. The admission requirement usually consists of an undergraduate degree in a relevant domain or stream.
