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Online M.Com Course in Accounting and Finance

Distance and Online M.Com Program in Accounting and Finance

Nov 03,2023

A full grasp through experience and awareness of the theoretical underpinning is what an online M.Com programme in accounting and finance aims to deliver.

About Online M.Com Course in Accounting & Finance

An Online M.Com Course in Accounting and Finance is an excellent way to specialise in finance and develop expertise in accounting principles and processes. This course provides a comprehensive overview of accounting, economics, taxation, corporate finance and other related topics that are needed to make well-informed decisions in the financial sector. Students will gain a deep understanding of the different financial instruments available and apply their knowledge to assess companies’ financial performance. Additionally, this course will also cover research methods and techniques that can be applied to analyse data for decision making purposes.

Key Highlights about Online M.Com Course in Accounting and Finance

  1. M.Com at your convenience: The online M.Com programme is open to everyone and enables students to complete their coursework while relaxing at their homes, offices, or other preferred locations. It is an online learning programme designed in a way that frees students from time constraints and eliminates the need for them to travel to different places, like a school, college, or university, in order to learn. The participants gain practical experience working on real projects, which aids with their understanding of the importance and applicability of their earlier studies.
  2. Improve skill set: Developing skill set is crucial to getting ready for long-term professional goals. Online M.Com courses from recognised institutions may be helpful in this situation. The course's objective is to strengthen students' managerial, executive, marketing, financial, and human resource skills.
  3. Flexible Course: Because an online M.com course in accounting and finance is flexible, you can study at your own pace. By studying at home, you can potentially save time while still having the convenience of not having to travel far to a campus. Not having to commute can help you save a lot of time. Ambitious students can begin or finish their coursework at any time during their daily routine; they do not need to wait until typical school hours.

Objectives of an online M.Com course In accounting and Finance

The objective of an online M.Com course in accounting and Finance is that it provides a comprehensive understanding through exposure as well as understanding of the theoretical background.  The course helps learners in not just accounting but also other fields like management, marketing and economics.

Online M.Com course makes learning more accessible, flexible and convenient for working professionals who want to pursue higher education but may not be able to attend a physical school due to various constraints such as location, payment or lack of interest in physical studies and suchlike reasons.

Some more objectives are:

  • To impart a thorough knowledge of the basic concepts of accounting practices
  • To enable the learner to apply these concepts in an accounting environment
  • To provide a good understanding of the theoretical background to enable him/her to undertake further studies and research into relevant topics

 

What are the advantages of a fully online M.Com course in Accounting and Finance?

The fully online M.Com course in accounting and finance is an alternative to the traditional classroom-based counterpart because it allows students to study from anywhere in the world. An M.Com degree offers high-quality education and training focused on management skills, which will help students to take up positions as managers at various institutions or enterprises.

Some advantages of online M.Com course in accounting and finance are:

  • High flexibility in terms of study time.

  • Ability to study from anywhere at any time.

  • Easier to do concentrated and intense study blocks.

  • Ability to interact with fellow classmates and teachers using email, chat, audio chat, video etc.

  • Better understanding of the contents due to the ability to rewind and pause the video lecture anytime as per convenience.

 

Why is full time M.Com replaced by Online M.Com course in accounting and finance?

In the past, getting a degree from a brick and mortar institution meant you had to go through rigorous coursework. Now, there are more ways to get a degree--many of which can be done online. The online M.Com courses are not just a replacement for the old style of a full-time M.Com course but they have changed the entire gamut of management education in India as well.

When students have to make the choice between a full time M.Com program and an Online M. com course In accounting and finance, they should consider their availability online as well as financial constraints.

In many cases, students find that these courses provide more updated and relevant content that is applicable to their current careers than what they would learn from a residential programme in another country even if the latter is more prestigious or expensive.

Thus it is evident that online M.Com courses are taking over full-time classes by providing quality education at a much lower cost with less stress on the students too!

How Vidya Planet Helps in Pursuing Online M.Com course in accounting and finance?

  • Review and contrast the finest distance learning institutions for free career counselling

  • Include skill-based courses in your online course curriculum to support academics.

  • Experts in the area deliver high-quality, simple-to-understand instruction.

 

Overview

Course

Online M.Com in accounting and finance

Level of Course

Post Graduate

Admission Process

Entrance and Merit based                                                                           

Duration

2 Years

Mode  

Online

Course Fees

Rs. 30,000 to Rs. 1,00,000

 

Eligibility

50% aggregate in BCom or BCom honours from a recognised university or college

Popular Specialisations

  • International Business
  • Human Resources
  • Cost & Management Accounting
  • Auditing & Control
  • Financial Planning & Analysis
  • Statistics
  • Entrepreneurship
  • Business Analytics

Average Salary

INR 5 and 10 LPA

Top Hiring Companies

  • PWC
  • Deloitte
  • Ernst & Young
  • KPMG


Online M.Com course in accounting and finance eligibility

The eligibility for an online m.com course in accounting and finance is 50% aggregate in BCom or B.Com (Honours) from a recognised university or college. The duration of the course may vary depending on the individual's work and study schedule, with flexibility provided to study during semester breaks and summer holidays, while pursuing graduate-level studies in management sciences.

Career scopes after completion of online M.Com course

The rapid growth of the digital world has led to a lot of opportunities for people with relevant skills and qualifications. Online m.com programs are one such qualification, which will enable students to get a career in the digital realm after completing their course.

Some of the career scopes after completion of online M.Com course in accounting and finance given below:

  • Become a Chartered Accountant
  • Consider doing the ACCA course
  • Pursue Company Secretaryship
  • Earn the CMA credential
  • Complete the CFA course
  • Obtain a CPA licence
  • Become an FRM certified professional

Top hiring companies after online M.Com course

In order for a graduate of the M.com programme to be successful, the placement process is a crucial component of the programme. At a job fair attended by multiple recruiters and possible employers, the placement process begins with the opportunity for students to participate in planned interviews or one-on-one conversations with recruiters.

Students apply for placements online through the portal, and once accepted, have one-on-one interviews with recruiters or possible employers who have expressed an interest in speaking with them.

Following an online M.com course in accounting and finance, some of the top placement firms are:

  • PWC
  • Deloitte
  • Ernst & Young
  • KPMG

Salary

The typical salary of an average M.com graduate in India is around INR 5 and 10 LPA depending on the subject and the individual’s skill set

Conclusion

An online M.Com course in Accounting and Finance provides a comprehensive and convenient way to earn a master's degree in the field. It allows students to deepen their knowledge of accounting and financial concepts, gain valuable work experience, and prepare for higher-level positions with more advanced skills. By taking an online M.Com course, students can also save time by studying at their own pace and on their own schedule. This makes it possible for those who are already employed or have families to pursue higher education while still managing other commitments. The flexibility of an online M.Com course is one of its many advantages, allowing students to gain the knowledge they need while still being able to focus on other areas of life as well.

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