Overview of Online M.Com in Accounting & Finance

The M.Com degree in Accounting and Finance is designed for students and working professionals seeking to acquire concepts of banking, taxation, and corporate finance. The duration of the respective program is 24 months, further divided into four semesters. The flexible module offers 24/7 access to the content library, masterclasses, business case studies, and live & recorded lectures, allowing learning at a customized pace.

The Online MCom degree in finance and accounting is accredited by UGC-DEB, and the program has equal value as the traditional program. It follows the same NEP-2000 and semester-wise curriculum as on-campus degrees. The renowned finance and accounting specialized course is also recognized by WES, making it credible for both job opportunities and higher degrees at a global level.

Most top-tier online universities offer a cost-effective option to pursue an online M.Com degree in Accounting and Finance, ranging from ₹ 75,000 to ₹ 3 lakhs. The course also focuses on problem-solving, analytical thinking, a customer-first approach, along with hands-on experience on modern software, Tally ERP, SAP FICO, ZohoBook, and Advanced Excel. The prestigious degree in accounting and finance is backed by dedicated placement assistance to help graduates secure attractive job opportunities in various banking, consulting, and investment firms.

Why Choose Online M.Com in Accounting & Finance

The Online MCom in Accounting and Finance offers multiple advantages over its traditional program.

• Cost-effective: Pursuing the online M.Com in Finance and Accounting degree is 30-50% more cost-effective than the traditional counterparts. Moreover, it also cuts costs on accommodation and travelling.
• Self-paced Learning: The program provides 24/7 access to video lectures, e-content, and masterclasses that can be utilized at the student’s own pace.
• Accessed from Anywhere: The respective online program in finance and accounting can be accessed from anywhere using a smartphone or laptop, just with a stable internet connection.
• Job Opportunities: Pursuing an online degree opens doors to multiple job opportunities in major banking, financial, and investment firms in both government and private entities.

Top Affordable Universities for Online M.Com in Accounting and Finance

Who Can Pursue Online M.Com in Accounting & Finance

Fresh Graduates

Who are seeking to gain in-depth accounting, banking terminology, taxation, and investment knowledge without relocating to tier-1 or 2 cities.

Government Job Aspirant

Looking for a self-paced degree to boost their knowledge on taxation, business laws, and public policy administration to stand out from the competition.

A Working Professional

Who wants to accelerate their career growth by acquiring a practical approach to corporate laws and business ethics without leaving their job.

Business Owner

Seeking a flexible degree accessible from their offices/shops to strengthen their knowledge on taxation, GST, investment, and research methodology.

Key Highlights of Online M.Com in Accounting & Finance

Eligibility Criteria of Online M.Com in Accounting & Finance

A candidate looking to pursue the online M.Com Accounting and Finance program must have:

• A bachelor degree from a UGC-recognized university.
• Graduates from any stream can enroll; however, some universities prefer students with a commerce or financial background.
• No age bar for students.

Syllabus & Subjects of Online M.Com in Accounting & Finance

The Online MCom in Accounting and Finance follows the latest NEP-2020 curriculum. The program covers core concepts of financial reporting, auditing, valuation techniques, corporate laws, problem-solving, taxation, and regulations, divided into four semesters with equal academic weightage.

The program also focuses on analytical skills, innovation, and consumer analysis, along with a masterclass in accounting tools, such as Advanced Excel, Tally ERP, SAP FICO, Income Tax e-filing, and more, to ensure a holistic learning experience.

The semester-wise curriculum for the Online M.Com in Accounting and Finance is given below:

Fee Details of Online M.Com in Accounting & Finance

The Online MCom Finance and Accounting program in India costs around ₹75,000 to 3 lakhs. The course cost depends on various factors, such as the university’s reputation, accreditation, placement records, and faculty experience. Various online universities also offer exclusive scholarships and a No-cost EMI option to make the program more cost-effective.

Top Online M.Com in Accounting and Finance Colleges in India and Course Fees

Admission Process of Online M.Com in Accounting & Finance

The university has a simple online M.Com admission process. While the admission may vary as per the university, here are some common step-by-step guides for MCom online admission:

• Registration: Visit the university’s official website and click on Register/ Apply Now.
• Fill Basic Details: Fill your academic, personal, and work experience details.
• Upload Documents: Upload identity proof, academic certificates (X, XII, and Bachelor’s degree), scanned signature, photograph, and work experience letter.
• Pay Program Fee: Pay your online MCom program fee. The university allows multiple payments and No-cost EMI.
• Confirmation from the University: After completing payment and the basic process, wait for admission confirmation within a week from the university.

Note: You will get LMS login credentials via sms or email within 7 days of admission confirmation.

Documents Required for Online M.Com Admission

Given below is a list of some documents required for online MCom admission in India:

Note: While uploading, ensure the documents are in the right format (JPEG, PNG, or PDF) and size as requested.

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Is an Online M.Com in Accounting & Finance Worth It?

• Holistic Development: The online program strikes a balance of both theoretical and practical frameworks to ensure the holistic growth of students.
• 3X ROI: Students with the respective online MCom degree have experienced 3 times ROI within 2 years of completing the course.
• Open Multiple Job Opportunities: After pursuing an accounting and finance degree in the commerce stream, graduates have secured multiple job opportunities as Financial Analysts, Bank Managers, Accountants, CS, and Taxation Experts.
• Higher preference by Employer: With an employability ratio of 85% and employee readiness, employers prefer to hire candidates with an online MCom finance and accounting degree over others.

Career Opportunities After Online M.Com in Accounting & Finance

The Online MCom in Accounting and Finance opens the door to numerous job opportunities as an accountant, auditor, risk manager, investment advisor, bank Associate, tax advisor, and finance consultant. The average placement package of a skilled accounting and finance graduate in the commerce stream can be secured at 3-9 LPA, which depends on the experience level, academic excellence, and soft skills. A working professional with experience in a similar field can hike up to 50% on their paycheques.

The table below contains the list of job profiles and the average package for graduates with an Online MCom degree in Finance and Accounting.

Top Recruiters of Online M.Com in Accounting & Finance

A skilled graduate after pursuing an online M.Com degree in Accounting and Finance can secure job roles at various banking, insurance, consulting, and taxation firms.

The top-hiring partner that hires for Online M.Com in Finance and Accounting degree graduates are as follows:

Is an online MCom in Accounting and Finance worth it?

Yes, pursuing the degree of Online MCom in Accounting and Finance is totally worth it as:

• Focus on both theory and the practical framework.
• Boost employability by 85%.
• 3x more preferred by employers.

Can I do an Online M.Com in Accounting and Finance using your phone?

Yes, you can do an Online M.Com in Accounting and Finance using your phone. However, we prefer to use a laptop for a better learning experience.

What is the Online MCom in Accounting and Finance?

The Online MCom in Accounting and Finance is a 2-year PG degree course delivered in a fully online mode. UGC-DEB has accredited the program. It covers concepts of banking, commerce, finance, and insurance. It also helps students to secure various job roles in top firms with an average package of 3-9 LPA.

What accreditation should I verify for the Online MCom in Accounting and Finance admission?

While choosing your preferred universities for an Online MCom in Accounting and Finance, make sure to verify their

• UGC-DEB, AICTE, NAAC, NIRF
• WES for global recognition.

Is an Online M.Com in Accounting and Finance globally valid?

Yes, the respective Online MCom in Accounting and Finance degree is recognized by WES and is credible for job opportunities at the global level.

Is an Online MCom in Accounting and Finance equivalent to a regular MBA?

Yes, the Online MCom in Accounting and Finance degree is UGC-DEB and has an equal value as a regular degree.

Can I pursue an Online MCom in Accounting and Finance without a commerce background?

Yes, you can do an Online MCom in Accounting and Finance without a commerce background.

What are the eligibility criteria for the Online MCom in Accounting and Finance?

A candidate must have a bachelor’s degree from a recognized university to secure a seat in the Online MCom in Accounting and Finance program.

Is an Online M.Com in Accounting and Finance a 3-year course?

No, the duration of the Online MCom in Accounting and Finance is 2 years with a semester-wise curriculum.

Is there any entrance exam for an Online MCom in Accounting and Finance?

No, there isn’t any entrance exam for an Online MCom in Accounting and Finance admission.

What is the admission process for an Online MCom in Accounting and Finance?

You can follow these simples step for a hassle-free admission procedure:

1. Fill Applicant Form
2. Upload Documents
3. Pay the semester/annual/full program fee.
4. Get admission confirmations.

Does Online University provide a No-cost EMI for the Online M.Com in Accounting and Finance course?

Yes, most universities provide a No-cost EMI for the Online M.Com in Accounting and Finance course.

Do universities provide scholarships for Online MCom students?

Yes, most top universities provide scholarships for online M.Com students based on academic excellence and reservation.

What is the course fee for the Online MCom in Accounting and Finance?

The course fee of the Online MCom in Accounting and Finance ranges between ₹20,000 and ₹50,000 per semester. The course fee may vary based on the university’s reputation and placement records.

What subjects are in the online MCom in Accounting and Finance?

The Online MCom in Accounting and Finance covers core subjects, such as financial reporting, auditing, valuation techniques, corporate laws, taxation, and regulations.

How can I access classes in the Online M.Com (Finance and Accounting)?

You can have 24/7 access to live lessons, recorded lectures, and masterclasses using the interactive LMS.

How can I pass the Online MCom in Accounting and Finance exams?

You can easily pass the Online MCom in Accounting and Finance exams just by following the concepts taught in lectures and revision.

What is the examination mode for the Online MCom in Accounting and Finance?

The examination and assessment are conducted in 100% proctored mode during the Online MCom in Accounting and Finance program.

Is the Online MCom in Finance and Accounting degree valid for government jobs?

Yes, with a higher domain skill exposure, pursuing an Online MCom in Finance and Accounting, you can stand out in various government exams, such as SBI PO, IBPS Clerk, UPSC, SSC CGL, CBTD, and Income Tax.

Will I get hired by an international bank after pursuing the Online MCom in Accounting and Finance?

Yes, you can secure job opportunities in various international banks, such as HSBC, Bank of America, HDFC, SBI, ICICI, and CITI after pursuing the Online MCom in Accounting and Finance.

What is the salary for an Online MCom in Accounting and Finance graduate?

The average salary for an Online MCom in Accounting and Finance graduate is 3-9 LPA, as a fresher, while a hike of 40-60% as an experienced professional.

What are the job aspects of an Online MCom in Accounting and Finance?

You can secure various high-paying job roles as an accountant, bank associate, tax advisor, auditor, and investment advisor.