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What Is an Online MCom? Guide 2022 from Delhi University SOL

By December 23, 2021
By December 23, 2021December 28th, 2021DU SOL

MCom is the most demanding program in India and abroad as it provides many career options to the students. The amalgamation of online education makes study very easy and affordable as online courses are low in fees. Online MCom is offered under PG courses with two years of minimum duration. It’s one of the highly preferred courses in India as it offers various career opportunities. Also Read : What Is an Online MBA

In the online MCom course too, you need to read various subjects like Managerial Accounting, Economic Analysis, Organizational Theory and Behavior, Financial Management and Policy, Business Environment, Strategic Management, International Business, Human Resource Management and so on.

Many online universities offer various courses at UG and PG levels. Some top-notched institutions are renowned for providing quality and rich education to the students of the country and abroad. The complete procedure for taking admission to Online MCom is internet-based as you don’t need to visit the university to attend classes. All the classes and course materials are available online. It means all the resources related to Online MCom are available right on your doorstep.

The program focuses on many operational areas of business management. The complete online master degree in commerce is prepared by top faculties and dedicated staff indulged in the field of management and corporate sector. Online MCom is offered in four semesters and you need to complete all the semesters with required papers and topics.

MCom creates a strong foundation related to entrepreneurial, conceptual and business analytical skills that are needed for handling various types of operations in the business domain. The course helps the person to make the right foundation for higher education and employment. The complete program is intended to enrich the skills and knowledge of the learner in the fields of finance and business from local and global aspects. Online MCom is completely valid just as a regular course. After completing the course, you can easily go for various job opportunities like:

Finance Executive Junior or senior accountant Cost Accountant
Marketing Manager Investment Banker Lecturer
Finance Consultant Insurance Agent Banking Executive etc.

Note: Apart from these fields, you can choose other sectors as well as per your wish because MCom offers a plethora of opportunities for the candidate to serve any department or field as per their respective knowledge and specialization.

Top Online M Com Specialization

In Online courses too, you can pursue your master degree in commerce in various specializations. You need to analyze your interest and then take admission to the desired and affordable college in online mode. There are many specializations in which MCom is provided. Some of them are:

MCom Taxation MCom Finance and Control
MCom Financial Management MCom Banking
MCom Marketing MCom Computer Applications
MCom Business Administration MCom E-Commerce
MCom Economics MCom Business Management
MCom Accounting and Finance MCom Accountancy

Key Highlights of Online M Com

Full form of the course: Master of Commerce Duration of the Program: 2 years minimum
Mode: Online Type: Masters
Age bar: No age limit is specified for taking admission to online MCom Minimum required percentage: 45-55% (according to college eligibility criteria)
Fee for the course: It varies from university to university The average salary offered: 5 – 10 LPA

Why Should You Do an Online M Com?

Online MCom is virtually specialized in the commerce field. In online MCom, you will get complete education at an affordable fee. Here are the steps you know on why you should do an online master degree program in commerce:

  1. Continue your Professional Career: With an online master degree program in Commerce, you can easily continue your professional job or another course/degree/diploma etc.
  2. Get Study Materials Online: With an online MCom, you will get all your study material online right on your mail or LMS. in this education system, you get important updates and notifications regarding the university in an online format.
  3. Study Accordingly: Online MCom provides you with the opportunity to manage your time as per your schedule and satisfaction as there is no foundation to study in stipulated time. However, you need to attend classes at their respective time. 
  4. Solve your Queries through Expert Panel: You may easily solve your queries related to your study via online mode through the student support section by contacting them either by mail or via phone call.

Benefits of Online MCom Course

There are many benefits an online MCom provides to its students. You can explore the list of the same using the mentioned points: People Also Ask : What Is an Online MBA

Updated curriculum framework Rich content in online mode
Placements and career support Mentorship for personalized learning
Valid and UGC approved degree Live lectures
Recorded videos Assignments and projects

Eligibility Criteria for Online MCom

The eligibility criteria are one of the most important things in the admission procedure. It must be checked at the time of admission to a course. In online MCom, universities have their eligibility criteria. Some take admission via direct or merit-based or some take through entrance tests, but all the colleges and universities have set up average eligibility criteria for every candidate taking admission to the program.

Let’s know the minimum eligibility requirements for taking admission to the program. Details are mentioned below:

  • Students must have passed the class 12th examination and graduated with at least 50% marks from a UGC approved university. 
  • Candidates coming from BCom degrees will be considered and given preference for the admission procedure.
  • A Bachelor degree must be of minimum three years of duration for online MCom.
  • Final year students can also take admission to the online MCom.
  • Candidates must check the admission criteria and complete the procedure of the respective university in which they want to take admission. 
  • In case the student is taking admission through an entrance test, then prepare for the same to take admission to the program. 
  • For merit-based admission, it is recommended to have good marks/scores in the bachelor degree examination. 

Duration of Online MCom Program

The average minimum duration of the online master degree program in commerce is two years that can be completed within four semesters. If we talk about maximum duration, then we will find that it is five years in total as if you are unable to complete your master degree program in two years, can easily complete the same in five years.

Note: In five years, you need to complete the same four semesters within the registration time that will void after this duration. In two years, you need to study many topics like:

Corporate Laws Business Decision Economics
Quantitative methods for Investments and Finance Investment Analysis and Portfolio Management
Strategic Cost Management Advance Accounting
Banking and Financial services etc

Syllabus of Online MCom Course

There are two semesters in the Master degree program of Commerce be it any specialization you choose. In two years of online MCom courses, you need to read various topics/ subjects in your syllabus. The syllabus of online MCom is made by an expert panel through dedicated staff and experienced faculty. In each academic year, you have to complete five subjects with one internship and training session. Let’s explore the courses/subjects included in the online MCom course:

First Year Second Year
Management Accounting Advanced Financial Accounting
Business Environment Management Information System
Managerial Economics Cost Accounting
Organizational Behavior and Management Process Human Resource Management
Financial Accounting Financial Management
Training and Internship Training and Internship

Online MCom Fee Structure

The course fee for Online MCom ranges from 25000 – 1,40,000 as per the type of university or college. If you want to take admission to any govt college, then the fee will be low but if you take admission to a private university like Amity, then the fee will be more than 1 Lakh. A registration and examination fee will also be charged separately by the student. In most colleges/universities, the registration fee is between 500 – 2000 INR. Also Read : MBA Fees In Delhi University

Career Opportunities After Online MCom

MCom is considered a professional program that provides a compatible platform for various opportunities to MCom graduates with best-in-class job options. Every MNC and top organization in various fields like accounts, finance, banks, auditing wants to hire commerce graduates on a large scale to run their organization smoothly because commerce graduates specially M Com students have the knowledge and understanding related to business and professional strategies on how to manage an organization to make it more powerful for the future through their talents and skills learned at the time of graduation and master degree in commerce. These reputed organizations hire MCom graduates along with normal commerce graduates for managing their daily works. 

You can apply to various departments and sectors. Some of the tops are provided below:

Custom Department Education
Insurance Banking
Finance sector Economic service sector
Research Associates Consulting Firms etc

There are many job profiles after completing M Com. Some of the top positions are mentioned below:

Business Analyst Marketing Manager
Account Assistant Finance Consultant
Company Secretary Financial Advisor
Tax Consultants Investment banker
Budget Analyst Stock Broker
Auditor Chartered Financial Analyst etc

Top Online MCom Colleges in Delhi NCR

Students always want the best colleges and universities after 12th and after completing their bachelor degree. There are many colleges/universities in Delhi NCR that offer best in class and rich education to the students for commerce. In case you have done your bachelor degree in commerce stream and want to pursue MCom in online mode, then you can easily explore various opportunities in online MCom colleges, especially if you are residing in and around the national capital. Let’s explore the best online MCom Colleges/Universities in Delhi NCR: Also Read : Du Sol Alternative

1. Manav Rachna University Online MCom

It is one of the highly reputed institutions for providing a Master degree program in commerce along with management and IT related courses like BBA, MBA, BCA, MCA and more. The university is located in Faridabad that lies in Delhi NCR just nearby South Delhi. 

  • Eligibility: Minimum 50% marks required for taking admission to Master degree program in Commerce
  • Fee structure: 1, 36, 000 INR for two years
  • Admission procedure: Merit-based

2. Amity University Online MCom

Amity is a reputed name in the field of higher education. If you are searching for a suitable college or university, then you can easily take admission to this reputed institution as it provides MCom as a two-year master degree program in two main specializations under online mode. You can easily take admission to any of these:

  • MCom Financial Management
  • MCom Fintech Management 

The institution offers various advantages to the students like flexibility in learning, Career opportunities and guidance, affordable program fee etc.

Eligibility of Amity University Online MCom : Minimum 40% marks in aggregate with at least 3 years of bachelor degree in any specialization like BCom, BBS, BBA etc.

Students other than BCom qualification will have to submit an experience letter of at least 36 months. 

Note: Diplomas are not accepted for the admission procedure.

Fee of Amity University Online MCom : 1,44, 000 INR for two years

Lovely Professional University Online MCom

Lovely Professional University is one of the top-rated and best in class educational institutions. It offers various courses and programs under online mode. The university is located in Faridabad and Noida with many mobile branches. LPU is a top-ranked institution approved by UGC. For Online MCom, it may be one of the best choices. 

Eligibility of LPU Online MCom : Students must have achieved at least 50% marks in aggregate in the bachelor degree examination. The bachelor degree must be from a recognized college or university. The university also conducts an entrance test that is popularly known as LPUNEST. You need to clear that examination for taking admission to the university in Online MCom.

Fee of LPU Online MCom : 80,000/ semester

Jamia Millia Islamia Online MCom

JMI or Jamia Millia is one of the highly reputed universities in India. It was established by the act of parliament. Students can easily take admission to this university for online education. The institution offers various courses at UG and PG levels. With JMI, you will experience a rich learning interface for online teaching in MCom. 

MCom is offered in 2 years with various important subjects that include finance, accounts, economics, business studies and so on. Online education at Jamia is provided through CDOE or the Centre for Distance and Online Learning. 

Eligibility of Jamia millia Islamia Online MCom: Minimum of 50% marks is required for taking admission to the course in Jamia Millia Islamia Online education.

Fee Structureof Jamia millia Islamia Online MCom: 12000/year

IGNOU Online MCom

Indira Gandhi National Open University is one of the best and largest public universities in India. It is based in New Delhi with hundreds of regional centers and more than 1000 study centres spread across the length and breadth of the country. IGNOU doesn’t provide online learning. It offers distance education in many subjects. MCom is one of the reputed courses out there offered by this huge institution.

Eligibility of IGNOU Online MCom : Graduation in any discipline from a recognized institution.

Fee structure of IGNOU Online MCom : 10000 INR

Chandigarh University Online MCom?

Online MCom is provided in Chandigarh University by dedicated professionals and teachers. The course is designed to nurture young minds for various career opportunities after a master degree in commerce through online learning of financial, and business concepts. In this course, at Chandigarh University, you will gain knowledge through various topics like Advanced Corporate Accounting, Advanced Auditing, Financial Management, Cost Management, Auditing etc. Chandigarh University is a UGC approved institution that has got the NAAC A grade Accreditation for delivering rich education in many streams.

Eligibility of Chandigarh University Online MCom : 10+2 passed from a recognized and valid educational board and completed graduation with 50% marks from a UGC approved institution.

Course Fee of Chandigarh University Online MCom : 44, 000 INR

Jain Online University Online MCom

Jain Online is one of the reputed institutions in India. The university is completely approved by the UGC or University Grants Commission. Jain University later gained the status of a deemed-to-be university by the UGC. It offers many courses and programs under UG and PG level under the online education model. The institution has got the NAAC A grade accreditation. There are many specializations provided by Jain for Online MCom courses. 

Educational Qualification: Students must have at least 50% marks in aggregate from a recognized institution. 

Total Fee of Jain Online University Online MCom : 10,500 INR

Apart from the above-mentioned universities, you can also take admission to other private and govt universities for online MCom. Some of the top institutions offering Online MCom in Delhi NCR as alternatives of DU SOL are:

  • Jamia Millia Islamia Centre for Distance and Online Education
  • Manav Rachna University
  • Amity Online
  • LPU Online
  • SGVU

Note: The above-mentioned alternatives for DU SOL provide best in class quality education in online teaching. You can contact the university for more details. Visit the respective website of the university to which you want to take admission. 

Does DU SOL Offer Online MCom?

No, the school of open learning, the University of Delhi doesn’t provide online M Com. It only offers Distance MCom and many disciplines under UG and PG levels. Under PG admission, the institution offers MA Hindi, MA History, MA Political Science, MCom. 

Does DU Offer an Online MCom?

No, the University of Delhi doesn’t provide online MCom, it only offers regular courses through its constituent colleges and departments. However, you can easily take admission to other universities and colleges offering online MCom with a reputation. First, check their approvals from UGC and other accreditations. Then, search the courses and eligibility and ensure that there is Online MCom. There are many colleges/universities offering Online and distance education. Some of them are:

  • Jamia Millia Islamia
  • Lovely Professional University
  • Jain Online
  • Amity University
  • Manav Rachna University etc

Top Online MCom Universities/ Colleges in India

Online master degree programs in commerce provide a good option especially for working professionals and for those who don’t want to go for regular classes. It provides knowledge related to business and organizational needs. Master of Commerce is one of the highly reputed and chosen courses in India as the course provides many career opportunities to the students.

It’s a two-year master degree program that is structured to provide advanced banking and trade expertise. MCom is becoming one of the preferred choices for BCom graduates. If you want to do an online course in commerce, especially a master’s degree, then you need to explore various options and choose one of the best in terms of affordability, fee and reliability. 

Here, we are going to provide you with the complete list that offers the best universities and colleges providing Online MCom colleges. Let’s start:

1. SRM University, Chennai (Online MCom)

SRM University is one of the top educational hubs in the country. It is established in Kattankulathur in the state of Tamil Nadu. It’s a private university and approved by University Grants Commission. Online MCom is provided here along with other engineering and management courses and programs. 

Eligibility Criteria of SRM University Online MCom: The minimum eligibility criteria for taking admission is a bachelor of commerce in online or regular mode from a recognized university with at least 50% marks in aggregate.

Fee Structure of SRM University Online MCom : 60,000 INR 

2. Jamia Millia Islamia, New Delhi Online MCom

It’s a premier university of India, based in the capital city of the country. The university has a distance and online centre of study for providing online courses with the name CDOE (Centre for Distance and Online Learning). The university provides online education in many courses like MA English, MA Hindi etc. Online MCom is one of the most popular programs offered by the institution. 

Eligibility of JMI Online MCom : Graduation in any discipline like BCom, BBA, BIBF, BBS etc with an aggregate of 50% marks from a reputed UGC affiliated university.

Fee structure of JMI Online MCom : 14,400 INR

3. Christ University, Bangalore Online MCom

Christ University is one of the highly reputed online and regular universities of India. The institution is based in Bangalore of Karnataka state. Online MCom is provided in two years minimum duration and is intended to provide appropriate skills to develop research and teaching skills amongst students with dedicated and academic professionals that suit the society for wellbeing. In Online MCom, you will get complete knowledge about the course and its related aspects.

Eligibility of Christ University Online MCom: Minimum 50% marks in aggregate in bachelor degree examination from a recognized university.

Fee structure of Christ University Online MCom : 1,45,000 INR

4. Chandigarh University, Chandigarh Online MCom

The university is accredited by NAAC accreditation and got the approval of the University Grants Commission for providing online courses. Master of Commerce is a highly valued professional degree made to develop various skills needed for management and banking careers. The complete course structure is designed with the latest framework and updated syllabus. The university provides all the study materials and lectures using Online portals and LMS.

Eligibility Criteria: bachelor degree in any discipline or equivalent from a UGC approved institution.

Course Duration: 2 years with 4 semesters. 

Fee structure: 12700 INR (For first and third semester), 10200 INR (For 2nd and 4th semester)

4. MSU of Baroda, Vadodara, Gujarat Online MCom

The Maharaja Sayajirao University of Baroda is one of the best and most sought online and regular commerce institute in the state of Gujarat. The university is popular for providing various courses and among them, Master of Commerce is one of the reputed programs out there. It provides a large number of academic programs under the UG and PG level. There are various faculties and departments related to commerce. Some of them are: 

  • Finance and Accounts Management
  • Insurance and Banking
  • Business Economics
  • Business and Commerce Management
  • Cooperative Management 

The university provides online MCom from dedicated and hard-working academic experts and professionals. The university is committed to providing quality education with an updated course curriculum, appropriate skills and training with a positive approach.

Eligibility: The minimum eligibility for taking admission to the university is a bachelor degree passed with at least 50% marks in aggregate. The passing bachelor degree examination must be from a UGC approved university.

Fee: 15, 120 INR

FAQs Related to Online MCom

What is the Online MCom (Master of Commerce) Program?

Master of Commerce is a two-year master degree program with four semesters. It helps the students to develop thinking and business analytical skills for quantitative approaches in various commerce domains. It is offered in many specializations like Online MCom Fintech Management and Online MCom Financial Management etc. 

Students are provided complete knowledge and understanding related to international business and also they will learn various techniques to adapt to the changes and customizations in the volatile business world. 

Is the Online MCom is Approved by UGC/DEB?

Yes, definitely, the online MCom course is completely approved by University Grants Commission-DEB. At the time of admission, the student must check two things on as priority basis: Accreditation and approval of the college/university by UGC and other certifications Approval for the course from University Grants Commission.

What are the Eligibility Criteria for Taking Admission to MCom Course?

The basic eligibility criteria for taking admission to online MCom is graduation in any discipline from a recognized and UGC approved college/university. The eligibility criteria are one of the most important things in taking admission to any course or program. In Online MCom too, you should check the details related to eligibility criteria and admission procedure. Students who have done a master degree program in any specialization are allowed to take admission to Online MCom.

Does Online MCom Provide Career Assistance?

Yes, online MCom will offer many career assistance in the form of job opportunities. You can easily go to any of the mentioned sectors after completing your PG degree in Commerce:

Accounts Business
Banking Consultancies
Auditing Firms Finance

If we talk about jobs after MCom is it online or regular, then you can easily hold any position from the list mentioned below:

Business Analyst Finance Consultant
Operations Manager Company Secretary
Investment Banker Account assistance
Financial Analyst etc

I Plan to Migrate Abroad; will this degree be Helpful/ Recognized for Higher Education?

Yes, of course, you can easily pursue higher education with your online PG degree in Commerce (Online MCom). The course offers you broad knowledge about various business perspectives and analytical skills in the commerce stream. However, you need to pass some entrance examinations for higher education abroad but finally, this degree is very helpful.

How are the Online MCom Exams Conducted in Online Mode?

The examinations are held semester wise and with the rules and guidelines of Online Technology Enabled Proctored mode (OTEP). The pattern of examination will consist of internal and external assessments with three sections be it Subjective, Case Studies, and MCQs. You need to clear all the sections to be eligible for the next semester.

Why Should I Choose an Online MCom program?

You can choose online education for your master degree in commerce as online education will provide various advantages:

Flexibility No regular classes
Manage professional works side by side Do other courses along with your PG
Freedom to get cross-functional skills All-round development

What is the Passing Criteria for this Program?

You need to achieve at least 5 SGPA (Semester Grade Point Average) and 6 CGPA (Cumulative Grade Point Average) in every paper included in your course. It is necessary to pass your semester. In some institutions, you need to achieve at least 45% marks in aggregate to be eligible for the award of degree.

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