What is Distance M.Com?
Last Updated on August 21, 2022 by
Have you ever wanted to become an experienced banking expert or even learn about the world of finance? Shares and market exchange is a topic of interest, so why not be the best in this field. Are you planning to trade shares and succeed in the market for stocks? You must have at least completed training in a particular area.
Distance M.com is a Master’s in Commerce through distant learning. To be competent in a specific field or field, you need to complete the Masters’s degree, which is a follow-up to having a bachelor’s degree in the same area. If you’re planning to earn a doctoral or Ph.D. in the field of business, having a master’s degree is vital. Many students are employed after they have completed their B.com degree with private or MNCs and in the field of education.
If you’ve graduated with a bachelor’s degree, you’ll get only some opportunities to be promoted to positions and pay increases. To get that promotion, you need to attain an advanced diploma. Distance M.com gives you the freedom of working and further education, but there are no full-time programs.
Students can attend classes at any time they’d prefer. The area of education is divided into two different types of delivery methods for teaching. Online education refers to that students can learn via correspondence or online. The other is regular-based education, in which students have to regularly attend classes following minimum attendance requirements, which differs between universities.
Every Distance M.com and the regular M.com have similar subjects. The Distance M.com is the ideal option for students studying towards becoming a chartered accountant (CA) or company Secretary(CS) and ICWA, etc. They can take advantage of Distance M.com simultaneously without interruption, and it could aid in exam preparation and subject questions.
Distance M.com is also an excellent option for those who have taken a break from their studies but, within the next few years, want to pursue their education. It is possible to choose Distance M.com.
Women typically experience these issues due to issues with their families or friends. After several years, they decide to return. Achieving the Distance M.com after having completed B.com will open the doors to more opportunities for securing jobs and promotions at your current position. You could be able to find work in finance-related businesses and, eventually, you could start your own business. Additionally, you could become an Entrepreneur.
M Com Distance Education in Chandigarh
Eligibility Criteria for Distance M.Com & Entrance Exam
Candidates must possess a minimum of 50% of B.com (or B.com Honors) ) or, equivalently, from an approved university. Certain universities will take students that have earned a master’s in Economics and Statistic, BFIA, BBS, as well as BBE and a minimum of 60 percent of their aggregate from the recognized university entrance test for the exam that is distance-based. M.com differs between universities, and some require tests. Some universities provide direct admission.
Distance M.Com Specialization
M.com will give you a master’s level, which is a professional. It allows you to select the subject you’d like to study to get specialized. There are numerous choices for the issue you pick for a master’s degree. The available courses vary from one institution to the next. For that reason, it is essential to investigate the subject first before deciding on the most reliable institution that offers the program that is relevant to you.
- M.Com in Computer Applications
- M.Com in Accounting & Finance
- M.Com in Taxation
- M.Com in Finance
- M.Com in Human Resource Management
- M.Com in Marketing
- Distance M.Com Subjects
The course for M.com, a distance M.com, is broken down into four semesters and spread over two years. Distance M.com and regular M.com are comparable in the subjects they cover. You will acquire vast knowledge of the issues you learned during B.Com. The extensive knowledge gained will aid you in the advancement of your career. The most important topics include Accounting, Management, and Finance concepts.
To be qualified to be eligible for this course, distance M.Com students should have an undergraduate commerce degree with a minimum of 50% from one of the recognized universities, which gives you the basics of understanding in business. The topics listed below are the subjects you will learn through this—the Distance M.com course. Check out the system and get a better understanding of the subjects.
First Year Subjects
- Accounting for Managerial Decision
- Commercial Bank Management
- Corporate legal environment
- Organizational Behavior
- Strategic Management
- Management Concept
- Financial Markets
- International Finance
Second Year Subjects
- Corporate Tax Planning
- Economics of Global Trade & Finance
- Statistical Analysis
- Corporate Financial Accounting
- Research Methodology in Commerce
- International Finance
- Investment Management
- Marketing Management
- Computer Application in Business
According to a cost plan for Distance M.com, The cost of Distance M.com ranges from 6000 to 12,000 annually at different universities. Similar to the costs of public universities, they differ from privately-owned universities.
Distance M.Com Scope, Top Companies & Salary
Distance learning institutions provide more than just knowledge; they provide you with opportunities to work. It is crucial to connect with your school. Since M.com is an advanced level degree, it confers the student the degree focused on the particular role of the field.
After you’ve been specialized in a particular field that you are interested in, you’ll be offered great career opportunities with large corporations in the area. A bachelor’s degree isn’t enough to end your career since you’ll not be able to apply for the most prestigious jobs.
A Master’s Degree is an excellent method to overcome that hurdle and get your career off to be successful. Since the program for Distance M.com is similar to regular M.com, you’ll get the same help for jobs.
You can improve your position and be considered for higher-level jobs in various businesses. Opportunities for bankers include Accounting and Consumer durable industries, telecom, insurance Retail industry, automotive media, and many more.
The most reputable recruitment companies have been listed as follows:
A large number of major companies are seeking MCom students. A few are listed below. Here are a few examples:
- Yes Bank
- Nestle India
- Railway Recruitment Board
- State Bank of India
- Cadbury India
The salary of an M.com graduate is approximately Rs 3 lakh to about Rs 7 lakh annually. The amount differs from one university to the next and depends on the candidate’s skills and ability to get through an interview in a corporate setting.
Some of the Top Job Opportunities
There are many jobs for which master’s degrees in Commerce could be applied. Some of the most well-known jobs are highlighted within this post.
Assistant Accountant –
The function the Assistant Accountant performs is to help the accountant in their job and to work in that department. They are responsible for reconciling their balance sheets. They are accountable for making sure that payments and invoices are correctly collected.
Audit Officers –
The audit officer’s role is to execute the auditing guidelines granted by an audit committee on the board of directors. They must supervise the business’s operations in line with directories and oversee the implementation of all policies and procedures within the company.
Teachers with the title M.Com can teach subjects they’ve learned during courses. They could be appointed as the PGT in accredited schools or even professors at colleges based on their knowledge. After completing the comprehensive M.Com course, they are qualified to apply for federal jobs as teachers after completing the comprehensive M.Com course.
The job of Account Executives is to oversee the company’s account. They are the intermediary between the advertising agency and the company’s clients. Their task is to examine their clients’ actions and help agencies put together appropriate campaigns.
A role of a financial analyst is providing financial advice to companies as well as individuals. They are allowed to establish their own companies, and they look at the financial records of the companies to receive their funds.
Finance managers are accountable for overseeing all financial transactions for the company. They manage the tasks of the executive team by offering financial advice to ensure they are competent to make the best decisions for the company.
The role of the manager of operations is to set up the proper
procedures and guidelines for the company. The job of the operations manager is to create strategies, policies, and plans to improve the performance of the business.
A business analyst assesses the business components and offers suggestions to businesses on ways to increase their efficiency. They can create their agency to provide business guidance to individuals.
There are many opportunities for employment that are dependent on M.com’s Distance. M.com and are linked to your skills and experience. It is possible to use your abilities and expertise to get the job.
Critical Benefits of Distance M.Com
You can enhance your resume and personal profile by obtaining an advanced diploma when you are employed. This Distance the M. Com degree is practical to pocket money compared to the standard course.
There are additional tests you could take, such as CA, CWA, CSS, and earn the education from M.Com. If you are pursuing a long-distance M.Com with open learning, one will be capable of pursuing additional courses concurrently.
A master’s degree could help you stand out in your field.
You can learn at your own time and place.
Students are not required to maintain regular attendance to complete the long-distance M.Com class successfully.
Students can achieve a master’s degree and acquire better knowledge without leaving their current position or engaging in any other activities to further their careers.
Distance M.Com degree could assist you in getting decent pay packages.
The student can find fantastic job opportunities after they complete the training M.Com.
Read More: BBA distance education courses