In the rapidly evolving world of education, learners are looking for different learning methods that suit their lifestyles, learning styles, and comfort. Besides regular learning mode, there are two different modes of learning, which are online and distance, each has its pros and cons and the right choice among the two depends upon the course you’re enrolled in, One such course is M.com. But what will be best for you either an M.Com online or through distance? In this article, we will explore more about the course, its eligibility, factors, differences, and why it is a good choice for students and working professionals.
What is Online M.Com?
An online M.Com program is a two-year post-graduate program that is entirely done through online learning mode. All the classes, study materials assignments, project work, and exams are done through an online learning management system. The students can access the class materials, attend lectures, and interact with their peers and professors through virtual platforms from anywhere around the world.
The program offers unparalleled flexibility to the students allowing them to pursue their degree along with managing their regular jobs and other commitments.
What is Distance M.Com?
Distance M.Com programs, on the contrary, follow a blended or hybrid mode of learning in which the students are provided with printed learning materials at their doorstep or via mail. It offers moderate flexibility to the students and they may need to attend physical classes once a week, also their exams are conducted at physical exam centers.
Online and Distance M.Com Eligibility
- Degree: To enroll in Online or Distance M.Com the candidate must have a bachelor’s degree in Commerce(B.Com/B.Com Hons) or in a related field from a recognized university.
- Minimum Marks: The candidate should have a minimum of 45% to 50% marks in his graduation to enroll in the program.
- Work Experience: Work experience is not mandatory to enroll in the course, but it can add value to the program.
- Age limit: There is no set age limit to pursue the Mcom either online or in distance mode, Candidates of any age group can opt for the course.
Who Should Pursue Online or Distance M.Com?
Online or Distance M.com is best suited for:
- Working Professionals
- Fresh Graduates
- Entrepreneurs
- Individuals pursuing professional courses like CA/CMA/CS/CFA
- Career changers
- Aspiring scholars
Top Institutes Providing Online M.Com or Distance M.Com Programs
1) Amity University Online
Amity University Online is a reputed institute that offers an online M.Com program in financial management. This is a 2-year (4-semester) program that helps fresh graduates and working professionals gain in-depth financial knowledge. The total fee for the program is Rs.1,14,000. Interest-free EMI options are also available to avail in the course.
2) Lovely Professional University
LPU offers the best online or distance M.Com program. LPU has been accredited NAAC A++ rating. With the best faculty, top-notch LMS, enhanced placement, and career support it is best suited for fresh graduates and career changers. The degrees which they offer are accepted all over the world. The starting fee for the program per semester is Rs.16,600.
3) IGNOU
IGNOU being the largest online university in India offers more than 200+ distance courses including M.Com. Their M.Com program provides comprehensive knowledge in the commerce and management field. The program is offered in two languages Hindi and English. It follows a yearly examination instead of a semester system. The total two-year fee of IGNOU M.Com is Rs. 18,600
4) Chandigarh University
Chandigarh University offers various distance and online learning courses with the latest curriculum and interactive LMS to the students. The university has earned an A+ rating from NAAC and has also received UGC-DEB approval. CU offers an affordable 2-year distance M.com program to the interested candidate. The fee structure ranges from Rs. 12,850- Rs11,350.
Online M.Com or Distance M.Com: What to choose?
Both online and distance M.com programs offer great flexibility and ease to graduates and working professionals as compared to a full-time M.Com. But they differ significantly from each other. Here you can go through some factors to consider before choosing between the two:
- Flexibility: Online M.Com offers more flexibility as compared to distance M.Com as in distance M.Com students need to attend periodic or weekend classes.
- Internet Connectivity: Students pursuing Online M.Com require a stable and high-speed internet connection to stay in touch with the online class schedules and access the study materials. While distance M.Com has lesser dependence on internet which may be a good option for those who do not have much internet access and who prefer a blended mode of learning.
- Interaction and Communication: Online M.com follows more interactive learning, students can interact with each other in group discussions and quizzes through various online forums While distance M.com offers asynchronous communication. Student and professor interaction usually happens through emails and occasional in-person meetings.
- Cost of Program: Both online and distance M.Com are more affordable as compared to regular M.Com. However, online M.Com is lesser in cost than distance M.Com as the latter includes the cost of printed materials, periodic classes, and examination costs.
- Learning Style: If you are someone who understands the concepts better through online materials videos and quizzes then online M.com may be the right option for you.
Job Opportunities After Completing Online M.Com or Distance M.Com
Online or Distance M.Com offers various job opportunities to students in the field of commerce, some popular job profiles are:
- Accountant: Salary:₹3 LPA to ₹6 LPA
- Financial Analyst: Salary:₹4 LPA to ₹8 LPA
- Banking Officer: Salary:₹3.5 LPA to₹7 LPA
- Tax Consultant: Salary:₹3.5 LPA to ₹7 LPA
- Assistant Professor: Salary:₹4 LPA to ₹8 LPA
- Auditor: Salary:₹3.5 LPA to ₹6.5 LPA
- E-Commerce Manager: Salary:₹4 LPA to ₹6 LPA
- Operations Manager: Salary:₹4 LPA to ₹7 LPA
Conclusion
Choosing Online M.Com or distance M.Com is subjective and is based on personal preferences. But before coming to any decision consider several factors like flexibility, learning style, university accreditation, cost, prospects, and more. By learning these aspects, you can make an informed decision for your future career.
