Master of Commerce (M.Com) is a 2-year postgraduate or master’s degree course in distance M.Com education in Punjab, designed to enhance skills and knowledge in commerce, finance, management, accounting and economics, and other related fields. . Being a PG degree, M.Com in Punjab is designed to ensure that students gain in-depth knowledge and understanding of various aspects of commerce and banking.
Across India, M.Com has been one of the popular choices for B.Com and B.Com (Hons) graduates in Punjab as it provides an increased knowledge of business and management, which helps in the smooth functioning of businesses and organizations. Is necessary for. Through its comprehensive curriculum in the fields of commerce, banking, finance, marketing, management, etc., the course is capable of paving a path for future researchers, teachers and professors.
M.Com colleges in Punjab offer a unique curriculum that enables the students to choose a combination of core and elective courses, thus ensuring that each graduate is uniquely trained in different areas, making them more desirable to recruiters. While the ore subjects will widely train them in areas such as business, accounting, and specialization-specific training. Aspirants will be allowed to choose a specialization along with their M.Com degree, which would make them specialists in the field of Commerce.
What is M.Com?
M.Com or Master of Commerce is a postgraduate degree obtained by successful completion of the degree. M.Com course duration is of 2 years. After successful completion of correspondence M.Com, one can apply for P.hD and M.Phil in commerce if they wish to study further. M.Com provides higher knowledge about economics, commerce, and business.
M.Com graduates can work in any of the sectors irrespective of their background. Both the government and private sectors provide jobs for M.Com graduates. Most of the colleges across India conduct entrance exams for admissions of the distance M.Com course. While few colleges provide direct admissions as well.
M.Com graduates have various job opportunities in almost all the fields available. M.Com course graduates can work as economic advisors, professors, chief managers in companies of their choice irrespective of the job sectors.
Distance M.Com Education in Punjab Eligibility:
The basic eligibility criterion for pursuing Distance M.Com Education in Punjab is to have a graduation degree in commerce stream. As an alternative criterion, many universities accept any graduation degree with honors in economics or business/management studies for admission to the M.Com course. A handful of reputed institutions and universities demand a minimum of 45-50% marks in graduation as a qualifying criterion to secure admission in their M.Com course.
Other M.Com course details are for students who have completed their BBS, BBA, BFIA, or BBE, they should have at least 60% marks to be eligible for applying. The selection of the applicant seeking admission to the degree course in these colleges is based on marks secured in the final merit i.e, total marks aggregated in the final exams of graduation and the entrance exam.
Distance M.Com Education in Punjab Admission Process
Admission to the correspondence M.Com course is either done on the basis of merit or on the basis of entrance exam conducted by university/institute:
Most M.Com colleges in Punjab offer admissions to aspirants based on their merit for the course. Candidates will be shortlisted for the course on the basis of them satisfying the correspondence M.Com eligibility criteria as specified by the college in concern.
Entrance Exam Admissions:
In some of the university’s admission to the correspondence, the M.Com course is done on the basis of the entrance exam. Those candidates who qualify for the entrance test will be eligible for correspondence M.Com admissions in the respective college.
Distance M.Com Education in Punjab Specializations
A commerce degree in the right field and the right college according to your needs and aptitude can provide you with a bright and successful future ahead. And on top of this, a masters’ degree in a commerce specialization will take you places in your career that you would have always dreamt of.
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
- International Business
- Business Analytics
- Human Resources Management
- Corporate Law
- Industrial Business
- Operations Management
- Management Accounting
Why Choose Distance M.Com Education in Punjab?
Corporate financial accounting and corporate tax planning are a few of the necessities of the modern-day business sector in terms of auditing the financial industry in the organization. Accounts Assistant, accountant, business analyst, and financial analyst are some of the major recruitment areas in terms of employment perspective and are some of the most lucrative M.Com job opportunities.
In the era of startups and the growth of entrepreneurship, designations such as market analysts, operations managers carry huge responsibilities and are in demand and can be filled by the professional of the M.Com course. Internship opportunities in major companies like Infosys, Dell will add a lot of weight in terms of experience in the resumes of the professional of M.Com course.
Students can either pursue their career or further studies in statistics, taxation, accounting & finance, banking, insurance, etc. Law school is a very common destination nowadays for recent postgraduates in commerce.
M.Com Course Preparation Tips:
Every course needs to be prepared well and course preparation tips are very much necessary to prepare well. Some of the course preparation tips for the correspondence M.Com course is mentioned below:
Revise methodically: Revision is very much important for any course. Revising regularly is the key to score good marks. Revising regularly will help the student to understand the subjects easily and score good marks.
Prepare a timetable: Preparing the timetable is very much necessary as the timetable will help the students to schedule things accordingly and dedicate time for every subject.
Read and Practice: Reading the subjects and practicing them regularly is very important. M.Com course has come basic mathematics and practicing regularly is very important.
Have intrinsic knowledge and interest in subjects: Good marks can be scored only when we are interested in the subjects and interest should be developed along to have a good understanding of the subject.
How is the Master of Commerce Course Beneficial?
- M.Com degree serves as a basis for further higher studies and research in this field such as Ph.D. and M.Phil. Degree in Commerce.
- The IT sector is expected to grow at a rate of 15% to 20% in the coming years. Therefore, industry-related skills will also be useful in the future.
- Master of Commerce can undertake research work in various areas of India’s national security problems including international relations, geospatial, geopolitical, socio-economic, strategic aspects of war, etc.
- A Master’s Degree in Commerce prepares a postgraduate for a wide variety of careers dealing with the flow of money, from accountant to investment banker, money manager to personal finance consultant.
- Law schools are a very common destination nowadays for recent postgraduates in Commerce.
- On successful completion of a Master’s degree in Commerce, a student can apply for the UGC-NET or JRF exam; the success in these exams makes teaching or research good options.
Master of Commerce Course Suitability
- Master of Commerce Course is suitable for those candidates who want to go for higher studies and research work in the field of statistics and related areas besides taking up the job of a teacher/lecturer in various universities and colleges after clearing the requisite exams like UGC NET/JRF etc.
- This course is also suitable for those candidates who are willing to pursue Chartered Accountancy and Company Secretary-ship.
Scope after Distance M.Com Education in Punjab
Some of the most prestigious organizations to work for after completing your degree are
- JP Morgan
- Wells Fargo
- Reserve Bank of India
- Securities and Exchange Board of India
If you wish to give it back to society and work for government organizations, then you need to work with various public sector units and government bodies to clear some government examinations conducted by UPSC (Union Public Service Commission) is required:
- 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
- RBI- Reserve Bank of India
- FMC- Forward Market Commission
- SEBI- Securities and Exchange Board of India