Distance/Correspondence M.Com Courses – M Com Correspondence Colleges in Bangalore
Distance/Correspondence M.Com Courses – M Com Correspondence Colleges in Bangalore
Distance Education in Master of Commerce
M.Com aka Master of Commerce, just as the very title suggests is a postgraduate master’s degree with its primary focus on commerce dealing with subjects like accounts and finance. Just in case, you are wondering if you can study Master of Commerce without having to go to college, Lucky for you, the answer is a big YES, you can do a Distance learning M.Com course from any of the best M.Com Distance learning colleges in Bangalore or anywhere else in India. Alongside several other perks, Distance education allows you to attain all the knowledge a regular college going student gains.
Duration
Although distance education gives the flexibility to study anywhere, anytime at one’s phase, there is a time limit to complete the course. Two years is the minimum duration of study required to attain an M. Com degree certificate through distance education. The maximum time though is around five years as per some of the reputed Distance Education universities/Institutes.
Eligibility
Graduation in a commerce discipline from a recognized university is the minimum eligibility criteria to enroll for a distance-education M. Com course. Few Universities accept students from non-commerce background as well. The cut-off percentage varies from university to university. While few institutes require a minimum of overall 45% pass marks, few other institutes demand as high as 60%. Candidates belonging to SC/ST or OBC may get relaxation in cut-off marks.
Few Universities like Bangalore University considers those candidates who are pursuing other courses (either through distance education or regular college) ineligible.
Also Read:BCom Distance Education Courses – Correspondence BCom (Commerce)
Subjects and Specialization
If you are here reading this, I’m pretty sure you have at least a basic idea of what commerce means in today’s world. For those of you who are not very clear about what it means, here’s a simplest brief definition of it. According to the dictionary, “commerce is the activity of buying and selling, especially on a large scale”. The course deals with subjects directly relating to commerce like finance and accounts and also supporting subjects like Law.
Irrespective of the specialization subject one has chosen, there are a few subjects that are common to all. Organization theory and behavior, Statistical Analysis, Financial Management and Policy, Economic Analysis, Managerial Accounting, Marketing Management and Quantitative techniques for business decisions are few of the common subjects. While the initial semesters of the course focus on the common subjects building a solid foundation for the advanced concepts, later semesters focus on the specialization subjects.
Here’s a list of specialization courses offered by the majority of distance education universities and institutes.
- Master of Commerce in Finance
- Master of Commerce in Accounting
- Master of Commerce in Marketing
- Master of Commerce in Human Resource
- Master of Commerce in Business Analytics
- Master of Commerce in Banking and Financial Services
- Master of Commerce in Operations Management
Few Universities and Institutes also offer specialization courses in minor subjects li#000;” />
- Taxation
- strategy
- Management Accounting
- Corporate Law
- International Business
Also Read:B.A Distance Education Program – Eligibility, Course Details, Streams, Scope & Opportunities
Scope and Job Opportunities
Here’s why studying and mastering the concepts of commerce matters.
The number of business firms entering the industries is ever more increasing with each passing year. Although commerce is not business in itself, it is an essential part of the business. Commerce is the backbone of all sort of businesses. Commerce includes all the activities, which directly or indirectly facilitate the smooth buying and selling of goods and services.
Let’s face it, one of the ultimate agendas of any business is to make money. All sorts of monetary exchange come under the department of commerce.
One of the primary concerns of any business is to make sure what is produced is consumed. Again, commerce comes into play here, facilitating the consumption by administrating the distribution facet of the business.
Several other factors are involved in the process of goods/services exchange like economical, legal, social, cultural, political and technological systems that run in the country and internationally (concerning the exchange of goods and services across the country). The study of all the factors mentioned above that affect the business and strategies and policies concerning them, also come under the department of commerce.
With such broad scope, M.Com graduates are spoiled with a great deal of job opportunities. Lists of employment areas, job roles and top recruiters for M. Com graduates mentioned below are but a few to say.
Also Read:Distance/Correspondence M.Sc Courses – MSc Correspondence Colleges in Bangalore
Job Roles
- Accountant
- Assistant Accountant
- Junior Accountant
- Senior Account Executive
- Teacher/Lecturer
- Budget Analyst
- Business Analyst
- Financial Analyst
- Securities Analyst
- Corporate Analyst
- Internal Auditor
- Executive Assistance
- Investment Banker
- Mutual Fund Broker
- Cashier
- Operations Manager
- Finance Manager
- Marketing Manager
- Company Law Assistant
- Business Consultant
- Personal Finance Consultant
- Sales Officer (Accounts)
- Relationship Manager
- Book Keeper
Employment Areas
- Banks
- Educational Institutes
- Economic Consulting Jobs
- Research Associates with Economic Consulting Firms
- Import/Export Companies
- Finance, commerce and the banking Sectors of the corporate companies
- Indian Economic Services
- Indian Statistical Services
- Indian Civil Services
- Insurance Industry
Top Recruiters
- FMCG (Finance and Account section of Fast-Moving Consumer Goods) companies like Hindustan Unilever Ltd, Cadbury India, ITC Ltd, Dabur, Britannia, Asian Paints (India), Nestle India, Procter and Gamble Hygiene and Health care, etc.
- Insurance companies like HDFC Life Insurance Company Limited, Life Insurance Corporation of India (LIC). SBI Life Insurance Company Limited, Bajaj Allianz Life Insurance Company Limited, etc.
- Government and non-government corporate companies like TATA Consultancy Services Ltd, Wipro Technologies Ltd, WNS Global Services, Tata Motors, Heavy Engineering Corporation Limited (HEC Ltd), National Small Industries Corporation Limited (NSIC), Bharat Sanchar Nigam Limited (BSNL), etc
An M.Com graduate can earn an average salary of 30,000 INR per month even as a fresher. Like any other profession, salary is never fixed and purely depends on factors like industry, job role, proficiency in the subjects and experience.
Here’s How Distance Learning Works
Distance education is the mode of education designed for those students who may not have the luxury of time (whatever reasons for that matter) always to be physically present at school. Commitment and necessity to work are one among the other primary reasons why students opt for distance education.
Distance Education gives an edge of flexibility in many factors over traditional education. Besides other perks, the flexibility of time (anytime), space (anywhere) and self-paced study are the significant advantages of distance education. Earlier, this mode of education was widely known as Correspondence education. Now, with advancement in technology, education methodologies has also advanced.
All lessons and study materials either land up at your doorstep sent through post or they are made accessible to you via the internet. It involves simple tools like email and tools as complex as Learning Management Systems (LMS) like Moodle. Most assignments are assigned and evaluated through LMS. Performance in assignments and engagement in activities like classroom discussion are credited marks.
Examination dates and venue are informed well beforehand. Hall-tickets are made accessible to download and print via student login. Like any other examinations, students are expected to be present at the examination center 15 mins prior to the commencement of examination and strictly adhere to the rules and guidelines. Results are either announced on the respective Institute’s website or other internet technologies like LMS.
Here’s a list of Universities and Institutes in Bangalore that offers M.Com courses through distance education:
- Karnataka State Open University
- Bangalore University
- Indira Gandhi National Open University, Bangalore Regional Centre
- Kuvempu University, Bangalore
- Gitam University
- Jain University
- Sikkim Manipal University Distance Education, Bangalore
- Bangalore City College
- Spark Correspondence Institute
- Geetanjali Institute
