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M.Com Distance Education or Master of Commerce Distance Education is a post-graduate degree awarded to students who complete this 2-year commerce program after a graduate degree course. M.Com course can be done in commerce subject. The course can be divided into more than two semesters in a year. The program is available in English as well as Hindi, although it also depends on the nature of the university. Many universities in India offer M.Com distance education courses. Master of Commerce Distance Education consolidates the knowledge of Accounts, Finance, and related subjects. Master of Commerce course is available on a regular or distance learning basis.
Here is the list of the Top 5 M.Com Distance Education in Chandigarh
1st out of the Top 5 M.Com Distance Education in Chandigarh
Unicom Institute of Education
Unicom Institute of Education is a distance learning center established in Chandigarh, India. We offer distance learning courses for various degrees including MBA, M. Sc. Physics, B.Com, BA, PGDBM, DMS, MA, MAF, Diploma in IT Engineering, CPA, Industrial Management, etc. We strive to serve our clients from different walks of life and hence offer Diploma, Degree, and Certification courses. From six months to more than two years. We offer study material, online admission, and online fee payment for the convenience of the customers. Contact us to get a cost-effective distance education service.
Contact details of Unicom Institute of Education
Address: SCO-96, Top Floor, Phase Xi, Mohali, Chandigarh, Punjab, India – 160059
College Phone number: +919021117734
2nd out of the Top 5 M.Com Distance Education in Chandigarh
Competition Times provides the fine-tune the learning of students with proper ethics, we lay great emphasis on imparting values and moral education during each interaction that we have with our students. Every student is important for us and we make them for life by growing in them – an analytical mind, the right attitude, and a spirit of goodness supported by academic excellence. we provide courses like MBA, M. Sc. Physics, B.Com, BA, PGDBM, DMS, MA, MAF, Diploma in IT Engineering, CPA, Industrial Management, etc.
Contact details of Competition Times
Address: SCO 112-113, 3rd Floor, Sector 34A, Chandigarh, Punjab, India – 160022
College Phone Number: +911141108996
3rd out of the Top 5 M.Com Distance Education in Chandigarh
Govind Academy has produced education to the doorstep of the apprentice and opened paths for improvement to all. Time and distance, are thus, no longer the limitations in learning which a lifelong process is. Due to the continuous shortening of the gap between Distance Education and its Regular counterpart, Distance Education is no longer the second choice, but, is a preferred mode of education of an individual. Today, Distance education is afforded globally by increased institutions through multiple tubes. Presently, a massive proportion of the community takes to Distance Education.
Contact details of Govind Academy
Address: No. 1025, 11th Floor, West End Mall, Chandigarh, Punjab, India – 160022
College Phone Number: 965017559
4th out of the Top 5 M.Com Distance Education in Chandigarh
Arth Prakash Institute
Arth Prakash Institute (API) is situated toward an excellent location in Chandigarh, Near Tribune Colony MC Park, Just walking distance from the Tribune Chowk in the City Beautiful Chandigarh. API Campus, with large air-conditioned Class Rooms, & Wi-Fi connectivity Computer Lab, well-stocked library and well qualified & experienced faculty, is grown in 16611 sq. ft. area with peaceful surroundings and a huge green park around it. Established under the aegis of The Arth Prakash Educational Society (Regd.), the Arth Prakash Institute (API) offers Degree/Diploma courses under distance mode through India’s most preferred UGC, DEC, AICTE, MHRD, Govt. of India recognized and approved Distance Education Universities, where you can pursue graduate & postgraduate programs in diverse streams like MBA, MCA, MCA- CS, M.Sc. IT, PGDBA, PGDCA, PGDIT, PGDTN, BBA, BCA, B.Sc.IT, B.Sc. NT, ADCA, DCA, DIT, MAJM, BAJM, M.Sc., B.Sc., M.COM, B.COM, MA-BA, and many more Arth Prakash Institute also help you get qualified with the variety of Industrial Training / Short-Team Courses that we offer across different industries like Computer Basics, C, C++, JAVA, .NET, PHP, SEO, Web Designing, Tally & Accounting, Learn – Spoken English, Personality Development & Communication Skills, Labor Laws & Industrial Relations and coaching for Commerce, Accounts, Non-Medical, CTET, UGC-NET and many more.
Contact details of Arth Prakash Institute
Address: Arth Prakash building, opp. Tribune colony, sector 29d, Sector 29, Chandigarh, Punjab, India – 160030
College Phone Number: 099150 33336
5th out of the Top 5 M.COM Distance Education in Chandigarh
SLR Infotech Pvt. Ltd.
SLR Infotech offers the best software training and placement in evergreen technologies like Database Developer Training, BI & Data Warehousing Training, Web Designing Training, Java Training, Microsoft Training, Oracle Applications Training, Mobile Applications Training, Cloud Computing Training, IBM Training, Also it has latest certified courses like Animation, Visual Effects, Graphics Designing, Web Designing, Interior Designing and also Digital Photography with certification from Zee Group. We also providing distance education in PGDTN, BBA, BCA, B.Sc.IT, B.Sc. NT, ADCA, DCA, DIT, MAJM, BAJM, M.Sc., B.Sc., M.COM etc.
Contact details of SLR Infotech Pvt. Ltd.
Address: Sco- 134- 136, 2nd floor,Sector 34A,Chandigarh,Punjab, India – 160022
College Phone Number: 086997 68466
What is M.Com?
Masters of Commerce or M.Com is a post-graduate level course for candidates who want to make a career in Banking Financial Services and Insurance (BFSI) as well as Accounting and Commerce sectors. The two-year course delved deep into the workings of the economy, capital, revenue, trade, taxes, etc. taught in B.Com.
Since M.Com is a specialized field in itself, only those candidates who have done B.Com or B.Com (H) can pursue it. M.Com is also a good option for CA/CS candidates. However, not many CA/CS candidates do MCom as CA/CS courses can be pursued after class 12.
M.Com is most popular among aspiring teachers/ lecturers and researchers. UGC-NET/JRF and Ph.D. M.Com is among the popular choices for degree holders. Admission to M.Com in top universities is done through an entrance exam. Many universities offer admission based on merit in the course.
Why Should You Choose M.Com?
The MCom courses are in high demand due to the financial benefits it provides to the candidates. The MCom courses are available in different modes and a large amount of specialization allows the candidates to carve a niche among the different industries. The following are the advantages a candidate can avail after the completion of the course:
New Job opportunities
The MCom course will provide enhanced job possibilities in the future. For example, the investment sector in India is expected to grow up to USD 1 trillion by 2025, thus providing employment opportunities for MCom graduates. Similarly, the investment banking sector in India is expected to grow from USD 102.84 Billion in 2020, to 111.45 Billion in 2021 at a CAGR of 8.4%, and would reach USD 137.97 Billion by 2025. The Banking and Financial Service Industry which hires MCom graduates is expected to generate over 8 million jobs in the next 8-10 years.
The MCom candidates are absorbed in different positions, such as Accountants, cost accountants, investment bankers, etc. The average MCom salary in India is INR 372,913 per annum, whereas the average fee ranges between INR 5000-INR 140,000. Hence, the candidates can recoup their investment easily. MCom graduates have job possibilities in almost every sector of the market. Some of the top organizations of MCom graduates are Capgemini, Dell, Infosys, and others. Moreover, there is no age bar to attempt an MCom degree.
A safety net:
Most of the MCom candidates pursue other professional courses such as Chartered Accountant (CA), Company Secretary, or CFA. The purpose is that these trained courses are tougher to reach. For example, only 6% of the total candidates have passed both the group of CA exams. And the passing percentage of the CFA course is between 42-54%. So if anything goes wrong the candidates would have something to fall back on.
A stepping stone:
Most of the candidates who wish to development of Managerial Skills The MCom Syllabus includes different subjects related to the management of the organization and its people. The MCom syllabus is curated in such a way that the candidates equipped with skills to handle the finance, growth of the company, create strategies to tide over the difficult situation
The MCom course offers a large number of specializations that include streams such as Finance, Accounting, and Finance, Marketing, Computer application, Financial management, business management, etc. The various specialization improves the job possibility.
It allows the candidates to build up their networks with different batch mates as well as seniors, professors, and alumni. The main idea behind networking is the formulation of recommendations for future jobs.
MCom qualification allows candidates to appear for competitive exams like civil services exams or exams related to finance and accounting requirements like income tax, CAG, or excise departments.
Who should You do M.Com?
- Candidates who want to pursue a career in the commerce stream should pursue the MCom course.
- Candidates who want to persevere in different management positions in the industries
- should opt for the MCom courses.
Working professionals who have graduate certificates in commerce can pursue this course in distance mode to enhance their job candidates.
- Candidates who are not convinced with their graduation degree in particular steam can choose an MCom Specialization according to their profit
- Aspirants who wish to start their own business can pursue an MCom course.
Candidates having aspirations of becoming a professor of commerce should
- pursue this degree as a stepping stone for the Ph.D. program.
Career Options After M.Com
Enroll in an MBA Program
MBA is the most recommended course available for students & one of the best courses after M.Com, not just graduating from economics but any other participants. An MBA degree finds a place among the most preferred options among candidates who want to qualify for managerial positions and advance their careers. While examining MCom, you learn about business, economics, stock markets, accountancy, among other information. But when you continue higher education in business administration, you also learn how to apply your technical know-how to solve difficulties and help organizations grow.
Most MBA programs follow a case study pedagogy to equip students with critical thinking and decision-making capabilities. Nowadays, leading academic institutions are offering Global MBA degrees online on platforms like the upgrade. These are authorized courses that allow you to resume your academic pursuits and get mentored by industry experts in a manageable learning environment. Additionally, you can concentrate in a particular field such as company analytics, digital finance, and banking, etc.
Become a Chartered Accountant
Chartered Accountancy or CA has proven to be one of the top-most career options after MCom. You are qualified to take the exam accurately after high school, but it demands dedicated arrangements. After qualifying the three stages of CPT, IPCC, and Finals, you will need to complete an article of 2.5 years to practice professionally. Many talented CA graduates find employment in the ‘Big 4’ accounting firms—namely Deloitte, KPMG, EY, and PwC—earning an ordinary annual salary of INR 8 lakh. CA is one of the best sequences after M.Com.
Consider doing the ACCA course
If you wish to work in accounting and finance, you can also contemplate pursuing the Chartered Certified Accountant qualification provided by the Association of Chartered Certified Accountants (ACCA) institute. The two-year course is remarkably valued in multinational corporations. But here you become an official ACCA member, you will also need to develop three years in a practical setting.
Pursue Company Secretaryship
If you are querying what to do after M.com, Company Secretary (CS) is one of the many pivotal job roles in an association. A Company Secretary (CS) looks after public and private sector companies’ legal compliance and regulatory requirements. The three stages of the CS course include Foundation, Executive, and Professional. The applicants also have to undergo 15 months of functional training, after which they become an Associate CS and earn an ICSI association. ICSI refers to the Institute of Company Secretaries of India, which is the only recognized body providing the CS course in the country, boasting more than 62,000 members.
Earn the CMA credential
Certified Management Accountant (CMA) is a professional course requiring aspirants to complete two stages of examination and achieve two years of work knowledge. The IMA, an association based in the United States, is offered this prestigious credential and enjoys global recognition, which made this one of the best courses after M.Com.
CMA-certified individuals are acknowledged for their expertise in two core areas – management accounting and financial management. They are expected to be trained in financial analysis, planning, control, and decision support. You will find that corporate recruiters prefer borrowing CMA holders for such profiles. CMA is one of the preferred courses after M.Com.
Complete the CFA course
CFA is one of the best courses after MCom. CFA stands for the Chartered Financial Analyst program. Offered by the US-based CFA institute, it presents a great doorway into the world of investment and finance. The program covers topics related to financial analysis, bonds and derivatives, portfolio and investment management, etc. Once you are through with the three tiers of CFA, you can be hired by some of the top global financial firms, such as Goldman Sachs, JP Morgan, Royal Bank of Canada, and Morgan Stanley.
Obtain a CPA license
One of the most prevalent career options after M.Com is the Certified Public Accountants certification. CPAs attain their designation from the American Institute of CPAs or AICPA. Individuals who possess a CPA license have an in-depth understanding of the Generally Accepted Accounting Principles (GAAP) and a robust accounting background. To acquire the certification, you will have to take a rigorous four-part exam.
Now, let us understand what CPAs do in a company. They perform the financial statements auditing and attestation functions, helping investors know about the financial health of a firm. They also provide taxation and financial planning advice to individuals and organizations.
Become an FRM certified professional
Still, need options before deciding what to do after Mom? Risk Management is a thriving industry in today’s dynamic financial market. FRM is an excellent option for those looking for short-term courses. To earn the designation, you have to undergo a nine-month program facilitated by the Global Association of Risk Professionals or GARP. The examinations are conducted in two rounds, in May and November.
An FRM certification is an indicator of your ability to identify and analyze potential financial threats. As a financial risk manager, you can offer your services in diverse domains like credit and market risk, financial services, trading, sales, and marketing. Payscale assesses the average salary of FRM professionals to be between 10 to 18 lakh per annum.
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