What Is The Scope Of An Online M.Com Degree Course?

What Is The Scope Of An Online M.Com Degree Course

Are you also interested in building your career in the accounting field and completed your class 12 from a government-recognized then you can opt for an Online M.Com.

M.com stands for Masters of Commerce and it is an ideal career choice for all students dreaming of building their careers in banking, finance, insurance, accounting, and taxation.

You get to study various topics such as the functioning of the economy, capital, revenue, and taxes. An Online M.com Program would be the right choice for you because in this mode, you do not have to quit your job as well and you can easily learn while earning.

Moreover, there is one more mode that you can opt for as it also offers you various advantages and that mode is a Distance M.com.

Why do you need to choose an Online M.com?

  • An Online Mcom offers expertise in various business-related fields, including banking, finance, accountancy, taxation, economics, and management. These specializations allow students to gain in-depth knowledge in these areas, preparing them for higher-level job positions.
  • The subjects included in the Online M.com degree program offer you a wide range of career options. Graduates can pursue careers in banks, CA firms, custom departments, or related industries.
  • Having specialized knowledge in a particular area can lead to higher earning potential. For example, the average annual earning of a Chartered Accountant in India is INR 10.7 Lakhs.
  • Pursuing an MCom degree requires hard work, commitment, and discipline. Students who pursue this degree gain personal and professional skills, leading to a sense of achievement and self-improvement.
  • You are flexible to study from anywhere and at any time.
  • Many universities provide you with the LMS, which stands for Learning Management System, and through LMS you can access all the study material anytime and from anywhere.
  • Moreover, Online M.com fees are much lower than regular M.com fees because, in an Online M.com, there is no physical infrastructure required in an Online M.com. Furthermore, you also save on transportation costs.

Scope of an Online M.Com

After completing an M.Com degree, you have a wide range of career opportunities available to you worldwide. You can pursue various positions in the public, private, and government sectors. One popular career choice for M.Com graduates is becoming a Chartered Accountant. Moreover, you can pursue roles such as

  • Finance Executives
  • Bank Managers
  • Teachers, Trade Managers
  • Wealth Managers
  • Shares Brokers

The private and government sectors provide employment opportunities for M.Com graduates, with the public sector generally offering higher salaries than the private sector. The salary depends on the industry, the individual’s skills, qualifications, experience, and specific job requirements.

Skills you develop while pursuing an Online M.com

There are various skills you develop while pursuing an Online Mcom. Some of those skills are mentioned below 

  • Logical Reasoning
  • Knowledge about computers
  • Strong Memory
  • Strong Analytical Skills 
  • Strength in Mathematics
  • Ability to remember facts & figures

Universities offering an Online M.com 

Various universities are offering an Online M.com. Online education is gaining popularity day by day because of its advantages like flexibility, affordability, and many more hence many universities started offering online M.com. Some of them are mentioned below 

  • Amity University Online
  • Chandigarh University Online
  • Manipal University Online
  • Jain University Online
  • LPU Online 
  • Amrita University Online

Top Indian Cities for MCom Jobs

The demand for MCom jobs is high all over India, especially in metropolitan cities like Delhi, Mumbai, and Bangalore. Let’s take a quick overview of the top Indian cities offering MCom jobs and their average salary offered (in INR):

  • Mumbai: 6-7 LPA
  • Pune: 4-7 LPA
  • Delhi: 5-10 LPA
  • Bangalore: 2.8-10 LPA

How helpful is College Vidya in helping students find the right online university for them? 

Are you having trouble deciding which online university to attend? Don’t worry, I have a solution for you. The College Vidya is the answer. More than 100 reputable online universities are featured on the website College Vidya. It’s quite simple to use.

To apply, simply go to the official website of College Vidya and fill out some simple questions about your desired course, budget, and qualifications, among other things. College Vidya will only show those universities that meet these requirements based on the responses you provide.

The fact that College Vidya only offers legitimate online universities means you won’t have to worry about fraud, which is one of its biggest benefits.

Conclusion

An Online M.com is an ideal career choice for all the students who are dreaming of building their careers in the commerce field. In an Online M.com, you also get to choose a specialization of your choice. The fees of an Online M.com is also less in comparison to a regular M.com. Moreover, you can choose college vidya to find the right online university for you.