Distance M.Com Education in Ambala: The M.Com or Master of Commerce is a postgraduate degree obtained by successful completion of the degree. The duration of M.Com course is 2 years. After successful completion of M.Com, one can apply for P.hD and M.Phil in Commerce if they wish to pursue further studies. The M.Com provides higher knowledge about economics, commerce and business.
M.Com graduates can work in any field irrespective of their background. Both government and private sectors provide jobs for M.Com graduates. Most colleges across Ambala conduct entrance examinations for admission to the correspondence M.Com course. While some colleges also provide direct admission.
M.Com graduates have various job opportunities in all available fields. Graduates of Distance M.Com course can work as financial advisors, professors, chief managers in companies of their choice regardless of their job.
What is M.Com?
With the advent of technology and globalization, managing the financial and economic aspects of organizations has become a primary focus in every country. And this focus can be met by someone who is well versed 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 which they have successfully earned a bachelor’s degree in commerce. Once you complete B.Com, M.Com can be done in the specialization of your choice and desires.
Career growth in the correspondence M.Com course is extremely strong and dynamic because here you will study the subjects of your choice and the people who will really help you in your profession in the later stages of your career. Starting salary depends on the stream that has been selected and the college chosen. Fees vary according to affiliation and management of institutions.
A master’s degree in commerce can enhance the entrepreneurial skills of 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.
M.Com: What is it About?
- Master of Commerce is a professional degree that enables you to grow in the corporate and finance sectors of the industry. It generally covers the study of macro-economics, accounting, business principles, and alike. The course is usually divided into 4 semesters.
- The program is mainly aimed at students who are genuinely interested in teaching and research in the field of commerce, providing them a platform to increase their knowledge and qualification to be able to pursue a Ph.D. or any other relevant research degree after the course completion.
- MCom graduates have job opportunities in almost every sector of the economy. Some of the top recruiters of MCom graduates are Capgemini, Dell, Infosys, and others. Moreover, there is no age bar to pursue an M.Com degree.
- MCom qualification allows you to appear for competitive exams like civil services exams or exams related to finance and accounting requirements like income tax, CAG, or excise departments.
Eligibility of Distance M.Com Education in Ambala
The basic eligibility criteria for pursuing M.Com course is a bachelor’s degree in commerce stream. As an optional criterion, many universities accept any bachelor’s degree with honors in economics or business / management studies for admission to the correspondence M.Com course. A handful of prestigious institutions and universities demanded a minimum of 45–50% marks in undergraduates to secure admission to their M.Com course.
Other M.Com course description is for students who have completed their BBS, BBA, BFIA or BBE, must have a minimum of 60% marks to be eligible to apply. The applicant applying for admission to degree course in these colleges is selected on the basis of marks obtained in the final merit, i.e. the total marks in the final examination of the graduate and the entrance examination.
The basic eligibility criteria to pursue this course is as follows:
- Students need to secure a minimum of 50% aggregate in BCom or BCom Hons or equivalent from a recognized university.
- Some universities also consider students who have completed a Bachelor’s degree in Economics & Statistics, BFIA, BBS, and BBE with a minimum aggregate score of 60% or equivalent from a recognized university.
- Students belonging to the Reserved category are entitled to marks relaxation of up to 5% in government universities.
Why Choose Distance M.Com Education in Ambala?
Corporate financial accounting and corporate tax planning are some of the requirements of the modern-day business sector in the context of auditing the financial industry in an organization. Account Assistant, Accountant, Business Analyst and Financial Analyst are some of the major recruitment areas from the employment perspective and some of the most lucrative mcom job opportunities.
In the era of startups and the development of entrepreneurship, market analysts such as designations, operations managers take on huge responsibilities and are in demand and can be filled by the professional of distance M.Com course. Internship opportunities at leading companies like Infosys, Dell will add a lot of weight in terms of experience in the resumes of the M.com course professional.
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 distance 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.
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.
Read and Practice: Reading the subjects and practicing them regularly is very important. Correspondence M.Com course has come basic mathematics and practicing regularly is very important.
Subjects of Distance M.Com Education in Ambala:
The subjects are very important and distance M.Com course subjects deal with various topics related to commerce. Subjects that comprise the correspondence M.Com course curriculum are enlisted below:
- 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 Ambala
A commerce degree in the right field and the right college can provide you with a bright and successful future according to 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
- Human Resources Management
- International Business
- Business Analytics
- Corporate Law
- Industrial Business
- Operations Management
- Management Accounting
Master of Commerce (M.Com) Career Options and Job Prospects
After graduating from distance B.Com, many students opt for M.Com as a combination of two degree results in a resumed resume for the candidate. B.Com students aspiring for higher studies can do MBA, LLB and more. Interested candidates of M.Com can get jobs in both government and private sectors after successful completion. Some of the top recruiting companies for M.Com graduates are:
- YES Bank
- Nestle India
- Cadbury India
- State Bank of India
- Railway Recruitment Board
- Canara Bank
- Asian Paints India
The average starting salary of a fresher can be between Rs. 3 lakh to Rs. 5.5 lakhs. Most of the time salary packages mainly depend on various factors such as professional experience, field of employment and position. Preparation of list of popular job profiles for M.Com graduates:
- Assistant Accountant
- Audit Officer
- School Teacher
- Account Executive
- Finance Manager
- Financial Analyst
- Operation Manager
With enough professional experience, candidates can also look for jobs in Heavy Engineering Corporation Limited for better salary packages and positions like Accounts Assistant, Senior Accounts Executive etc. However, many graduates who pursue distance M.Com choose to do so to pursue a Junior Research Fellowship and try the UGC NET. Career opportunities in research and teaching increase after graduating from distance M.Com and passing examinations.
Job Opportunities after Distance M.Com Education in Ambala:
Graduates of the M.Com course enjoy a large variety of lucrative job opportunities in a large variety of areas with high employment scope as is enlisted below:
- Investments Analyst
- Accounts Assistant
- Investment Banker
- Assistant Accountant
- Market Analyst
- Marketing Manager
- Business Analyst
- Money Manager
- Operations Manager
- Corporate Analyst
- Personal Finance Consultant
- Executive Assistant
- Risk Analyst
- Finance Manager
- Securities Analyst
- Financial Analyst