Distance M.Com Education in Mohali: A master’s degree in commerce opens up an ocean of opportunities into multiple spectrums and fields, be it government or private sector. This not only provides an opportunity to pursue a rewarding career in teaching; It promotes opportunities in accounting areas such as investment and portfolio management, financial management, management accounting, advanced financial accounting, financial services management, advanced corporate accounting, direct taxes, and advanced cost accounting. M.Com is a post-graduate course related to commerce.
What is M.Com?
With the advent of technology and globalization, the management of financial and economic features of organizations has become the main focus in every country. And this focus can be met by someone who is an expert in accounting and financial knowledge. And this is where your degree in M.Com comes in handy.
A Master of Commerce is a 2-year full-time post engineering degree. It is university-level education that serves as a gateway for students to jump into their professional careers after successfully completing a bachelor’s degree in commerce. Once you complete B.Com, M.Com can be done in the specialization of your choice and desires.
A degree from reputed colleges like Distance M.Com Education in Mohali can pave a long way ahead in the field and provide you with a strong career.
The career growth in an M.Com course is highly strong and dynamic in nature because here you will studying the subject of your choice and the ones that will actually help in your profession in the later stages of your career
- Starting salary depends on the stream opted for and the college is chosen.
- Fees differ according to affiliations and the management of the institutions.
A degree in master in commerce can hone the entrepreneurial skills of the students. Every year 5% to 10% of students who graduate from top schools drop out of placements to start their own firm. Many students receive their Ph.D. In his stream of expertise. Since research and development in financial engineering, corporate finance, and economics are preferred by various governments worldwide, a Ph.D. Will also help you make a dent in the world.
Eligibility Criteria for Distance M.Com Education in Mohali
- Minimum eligibility criteria for MCom is a minimum of 50% marks in aggregate in BCom or BCom (Honours) or equivalent from a recognized university
- Some universities also induct students who have completed Economics (H), BBA, BFIA, and BBE will a minimum score of minimum 60% aggregate or equivalent
- Reserved category students are allowed to marks relaxation of up to 5%
- State-level universities also allow marks relaxation to home students
Admissions of Distance M.Com Education in Mohali
M.Com colleges provide admission to candidates based on the merit lists. If they meet the eligibility criteria set by the respective college or university, the candidates will be shortlisted. Most colleges offer merit-based admissions while some colleges also conduct university-level entrance exams.
Fee Structure for Distance M.Com Education in Mohali
The average course fee of an M.Com Candidates is 20,000 – 3 lakhs per annum depending on the institute. The fee usually varies depending on the institution’s reputation, the faculty offered, the placement facility, and the management/government quota.
Distance M.Com Education in Mohali Duration
The Master of Commerce is a 2-year post-graduate course that helps candidates analyze topics related to commerce. It is a specialized course that trains an individual for a career in the finance and corporate sector.
Distance M.Com Education in Mohali Subjects
Have a glance at the M.Com Subjects as per the Latest Curriculum and have beforehand knowledge. It will be easy for you during the time of preparation as you be familiar with the concepts to cover.
- Accounting for Managerial Decisions
- Business Environment
- Computer Applications in Business
- Computer Financial Accounting
- Corporate Legal Environment
- Corporate Tax Planning
- Economics of Global Trade and Finance
- Financial Management
- Management Concepts and Organisation Behaviour
- Managerial Economics
- Marketing Management
- Statistical Analysis
- Strategic Management
- Banking & Finance
- Commercial Bank Management
- Entrepreneurial Management
- Financial Bank Management
- Financial Markets
- Human Resource Management
- International Finance
- Investment Management
- Research Methodology in Commerce
- Financial Institutions and Markets
- Project Planning
- Control Security Analysis
- Portfolio Management
- Advertising and Sales Management
- Consumer Behaviour
- Marketing Research
- Foreign Trade Policy
- International Business Environment
- International Marketing
Specializations of Distance M.Com Education in Mohali
A commerce degree in the right field and right college can provide you a bright and successful future as per your needs and qualifications. And on top of that, a master’s degree in a commerce specialization will take you to places you’ve always visited in your career.
Master of Commerce is a course that has many specializations. Aspirants can go with the following specializations during their M.Tech Course and they are as follows
- Business Analytics
- Corporate Law
- Human Resources Management
- International Business
- Industrial Business
- Operations Management
- Management Accounting
Distance M.Com Education in Mohali Benefits
- Business communicator possibly enables banks to reach out much faster and at a much lower cost.
- Banks may give wide promotional in the zone about the intermediary engaged by them as Business
- Correspondent and take events to avoid being misrepresented.
- The personal assembly enhances the customer’s responsibility to the Business Communicator, which in turn progresses loan performance and repayment rates.
M.Com Entrance Exams | How to get into M.Com?
The only thing needed to get admission to a good commerce college is hard work and dedication. Everything else, including training, books, study material, entrance exams, etc., is just to get where you want.
Many colleges admit students if they accomplish the eligibility criterion. But to get into top colleges, there might be entrance examinations.
The various exams across India to attempt M.Com are, which are popular and of importance to students:
CUCET- Central University Common Entrance Test
AUCET – Andhra University Common Entrance Test
OUCET – Osmania University Common Entrance Test
Mohammad Ali Jauhar University Entrance Exam
State university entrance examination
Examinations conducted by private universities
More than an examination, cut-off marks matter to get into a top college for your M.Com dream.
Job Opportunities after Distance M.Com Education in Mohali
Businesses are expanding globally with the use of the latest technology. The need for highly qualified and trained professionals is increasing day by day.
In today’s life, there are many companies and organizations that are seeking specialized and expert marketers to achieve high profits in a smart way. There are a lot of job opportunities in the private and public sectors. You can also apply for government sector jobs. You can also work in the corporate world. You can work as a teacher/lecturer in various colleges and universities. You have to clear the important exams such as UGC NET/JRF, etc. You can also join government & private banks such as State Bank of India (SBI), Punjab National Bank (PNB), Axis Bank, HDFC Bank, Union Bank of India, etc as Customer Relationship Executive & Probationary Officer.
This course serves as a foundation for higher studies and research in fields such as M.Phill & Ph.D. Degree in Commerce. You can also go for professional programs like MBA. You can do research in different areas of India’s national security problems such as international relations, socio-economic, geopolitical, geospatial, strategic features of war, etc.
After completing your master’s degree, money flow is a wide variety of careers, from money managers to personal finance consultants to accountants to an investment banker. There are many opportunities in the commerce sector not only in India but also abroad. Many reputed companies abroad such as UK, USA, Australia and such a large number of talented M.Com postgraduate students with a large number of jobs for jobs.
M.Com Graduates will lucrative career options in a variety of areas and the employment scope is such:
- Investments Analyst
- Business Analyst
- Money Manager
- Accounts Assistant
- Investment Banker
- Assistant Accountant
- Market Analyst
- Marketing Manager
- Operations Manager
- Corporate Analyst
- Personal Finance Consultant
- Executive Assistant
- Risk Analyst
- Finance Manager
- Securities Analyst
- Financial Analyst
Scope after Distance M.Com Education in Mohali
Some of the most prestigious organizations to work for after completing your degree are
- Reserve Bank of India
- Securities and Exchange Board of India
If you aspire to give it back to society and work for government organizations, you need to clear certain government examinations conducted by UPSC (Union Public Service Commission) to work with various Public Sector Units and governmental bodies like:
- RBI- Reserve Bank of India
- FMC- Forward Market Commission
- SEBI- Securities and Exchange Board of India
- PFRDA – Pension Fund Regulatory and Development Authority
- IRDA- Insurance regulatory and development authority
- BSNL- Barat Sanchar Nigam Limited
- IOL- Indian Oil Limited
- SBI- State Bank of India
Salary/Earnings offered to M.Com Candidates
The salary of M.Com holders is good in government & private sector organizations. As a fresher, you will get a pay approx. Rs. 20,000 to Rs. 30, 000 per month. The salary will be increased on the basis of your promotions, proficiency, experience, etc. The teaching field is also another lucrative career option for the M.Com degree holder. In the teaching field, you will get a handsome salary.
Abroad, the salaries of M.Com degree holders are much higher than those paid in India. Your salary will depend on many factors such as job profile, type of firm, experience, knowledge, skills, qualifications, and many other factors. With experience, you can advance to a higher level position and receive a higher salary.