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Affordable Online M.Com Programs You Can Join in 2024
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Affordable Online M.Com Programs You Can Join in 2024

  • Oct 10, 2024
  • 148 Views

In today’s fast-paced world, online education has become incredibly popular, offering a flexible and convenient way to pursue higher studies. With online programs, students can now complete their master’s degree from the comfort of their homes, on a schedule that suits their lifestyle. This has been especially beneficial for working professionals and recent graduates who are eager to build a career in commerce but lack the time to attend traditional on-campus classes. Online M.Com programs provide a solution, enabling both professionals and fresh commerce graduates to advance their education while balancing work and other commitments.

In today’s blog, we will explore what an online B.Com is, what are the career opportunities after graduation and the universities/ institutions that offer affordable online M.Com program 

What is an Online M.Com Program?

An Online Master of Commerce (M.Com) is a 2-year postgraduate degree designed to provide advanced knowledge and skills in areas such as accounting, finance, economics, taxation, and business management. Unlike the traditional on-campus program, an online M.Com offers the flexibility to study from anywhere at your own pace, making it an ideal option for working professionals, recent graduates, and individuals with personal commitments. The program is delivered through virtual learning platforms that allow students to access lectures, assignments, and resources 24/7, enabling them to balance education with their work or other responsibilities.

The curriculum of an online M.Com is the same as traditional programs, covering core subjects like financial management, corporate accounting, and business laws that allow students to specialize in areas such as international business, taxation, or financial markets. Graduates of an online M.Com program can pursue roles such as accountants, financial analysts, tax consultants, and corporate managers, benefiting from the same career opportunities as those who complete an on-campus M.Com.

Course Keywords

Details

Course 

Online Master of Commerce (M.Com)

Course Level

Postgraduate level

Accreditation and approval 

UGC-DEB, NAAC 

Duration

2 years (4 Semesters) 

Eligibility Criteria

Bachelor from a recognized university with 50 % - 60% aggregate marks.

Mode Of Education 

Online

Average Tuition Fee

INR 70,000 to INR 2,50,000*

Career Prospects

  • Financial Analyst
  • Investment Banker
  • Tax Consultant
  • Accountant
  • Auditor
  • Corporate Financial Advisor
  • Banking Professional
  • Business Analyst
  • Cost Accountant
  • Insurance Consultant
  • Stockbroker
  • Risk Manager
  • Portfolio Manager
  • Economist
  • Business Development Manager
  • Management Consultant
  • Entrepreneur
  • Marketing Manager
  • Operations Manager, and More.

Top hiring firms 

  • Deloitte
  • KPMG
  • PwC (PricewaterhouseCoopers)
  • Ernst & Young (EY)
  • Goldman Sachs
  • J.P. Morgan
  • HDFC Bank
  • ICICI Bank
  • TATA Consultancy Services (TCS)
  • Reliance Industries
  • Infosys
  • Wipro
  • State Bank of India (SBI)

Demanding Specialization 

Online M.Com in Accounting and Finance 

Online M.Com in Human Resource Management 

Online M.Com in Taxation 

Online M.Com in Business Analyst 

Online M.Com in Banking and Insurance 

Online M.Com in Investment Management 

Online M.Com in International Business 

Online M.Com in E-Commerce 

Online M.Com in Marketing Management

Online M.Com in Supply Chain Management 

Online M.Com in Financial Management 

Online M.Com in Risk Management 

Online M.Com in Corporate Law 

Online M.Com in Entrepreneurship 

Affordable Online M.Com program

Universities Offering Online M.Com Program 

NIRF Ranking 2024 (University Category) 

Starting Fees Range 

Lovely Professional University Online 

27

INR 84,000 

Amity University Online 

32

INR 1,10,000

Manipal University Online 

64

INR 1,00,000 

Jain University Online 

66

INR 1,05,000

Sikkim Manipal university Online 

Between 151-200 

INR 90,000 

1. Lovely Professional University Online 

Lovely Professional University also known as LPU is one of the leading private universities in India.LPU was established in 2005 by Lovely International Trust, under The Lovely Professional University Act, 2005 and started operation in 2006. The university is ranked 27th in the NIRF ranking of 2024 and is accredited by NAAC A++ grade and is recognized by the University Grant Commission(UGC)- Distance Education Bureau (DEB). LPU offers an online m.Com program catering to the demands of working professionals and fresh graduates. The program helps you explore the world of finance and business excellence, opening the door to a wealth of career opportunities. 

Features 

Details 

Course Name 

Online Masters of Commerce

Course Duration 

2 years 

Accreditation 

UGC-DEB, NAAC A++

Fees Structure 

INR 84,000

Mode of education 

Online 

Specializations

  • Online M.Com in Accounting and Finance
  • Online M.Com in Banking and Insurance
  • Online M.Com in International Business
  • Online M.Com in Marketing
  • Online M.Com in Human Resource Management

Career Opportunities 

  • Financial Analyst
  • Bank Manager
  • Global Business Consultant
  • Digital Marketing Manager
  • HR Manager
  • Chartered Accountant
  • Risk Manager
  • Brand Manager
  • Investment Banker
  • Talent Acquisition Specialist

2. Amity University Online 

Amity University is a private university located in Noida, Uttar Pradesh, India. It was established in 2005 by an Act of the State Legislature of Uttar Pradesh. It has campuses in India and overseas branch campuses in Dubai and Tashkent. It was the first private university in India that got the approval of the University Grant Commission (UGC). Amity University offers an Online M.Com program designed for students seeking advanced knowledge in commerce and business management. The program covers essential subjects like accounting, finance, and marketing, equipping students with the skills needed to excel in various corporate roles. 

Features 

Details 

Course Name 

Online Masters of Commerce

Course Duration 

2 years 

Accreditation 

UGC-DEB, NAAC A++

Fees Structure 

INR 1,10,000

Mode of education 

Online 

Specializations

  • Online M.Com in Accounting
  • Online M.Com in Banking and Insurance
  • Online M.Com in International Business
  • Online M.Com in Marketing
  • Online M.Com in Finance 

Career Opportunities 

  • Financial Analyst
  • Bank Manager
  • International Business Consultant
  • Marketing Manager
  • Chartered Accountant
  • Risk Manager
  • Brand Manager
  • Investment Banker
  • Insurance Underwriter
  • Tax Consultant

3. Manipal University Online 

Manipal University was established in 1953, by its founder Dr. T.M.A.Pai. Manipal University is a well-respected institution known for its commitment to quality education and innovation. The Online M.com program offered by Manipal University is designed to provide students with a comprehensive understanding of advanced commerce topics, including accounting, finance, marketing, and business analytics. This program combines flexible online learning with a robust curriculum, allowing students to balance their studies with personal and professional commitments. The program prepares graduates for various roles in the corporate world, making it an excellent choice for those looking to advance their careers in commerce.  

Features 

Details 

Course Name 

Online Masters of Commerce

Course Duration 

2 years 

Accreditation 

UGC-DEB, NAAC A++

Fees Structure 

INR 1,00,000

Mode of education 

Online 

Specializations

  • Online M.Com Accounting
  • Online M.Com Finance
  • Online M.Com Marketing
  • Online M.Com International Business

Career Opportunities 

  • Financial Analyst
  • Bank Manager
  • International Business Consultant
  • Marketing Manager
  • Chartered Accountant
  • Risk Manager
  • Brand Manager
  • Investment Banker
  • Insurance Underwriter
  • Tax Consultant

4. Jain University Online 

Jain University was established in 2009 in Bengaluru, India. The University is accredited by NAAC A++ grade and approved by the University Grant Commission (UGC)- Distance Education Bureau (DEB). The Online M.Com program provided by the university is designed to equip students with all the skills and knowledge required to cater through the job market. The program covers subjects such as finance, marketing, investment and many more. It is a beneficial course for students who are seeking to advance in the field of commerce and management without putting their careers on hold.  The program helps you explore the world of finance and business excellence opening the door to a wealth of career opportunities. 

Features 

Details 

Course Name 

Online Masters of Commerce

Course Duration 

2 years 

Accreditation 

UGC-DEB, NAAC A++

Fees Structure 

INR 1,00,000

Mode of education 

Online 

Specializations

  • Online M.Com Accounting and Finance 

Career Opportunities 

  • Financial Analyst
  • Chartered Accountant
  • Investment Banker
  • Tax Consultant
  • Auditor
  • Financial Planner
  • Risk Manager
  • Corporate Treasurer
  • Budget Analyst
  • Forensic Accountant

5. Sikkim Manipal University Online 

Sikkim Manipal University (SMU) is a prominent institution located in Gangtok, Sikkim, established in 1995. It is known for its focus on providing quality education in various fields, including health science, engineering, management, and liberal arts. The university combines traditional learning with modern technology, offering both on-campus and distance learning programs. Its online M.Com program is particularly designed for students and professionals looking to enhance their expertise in commerce while enjoying the flexibility of studying remotely. The program prepares graduates for various roles in the corporate world, making it an excellent choice for those looking to advance their careers in commerce. 

Features 

Details 

Course Name 

Online Masters of Commerce

Course Duration 

2 years 

Accreditation 

UGC-DEB, NAAC A++

Fees Structure 

INR 90,000

Mode of education 

Online 

Specializations

  • Online General M.Com
  • Online M.Com in Banking and Finance

Career Opportunities 

  • Banking Manager
  • Financial Analyst
  • Investment Banker
  • Risk Manager
  • Credit Analyst
  • Financial Consultant
  • Loan Officer
  • Compliance Officer
  • Asset Manager
  • Treasury Manager

Detailed Curriculum

Semester 1

Semester 2 

Managerial Economics 

Corporate Governance and Ethics 

Business Environment and Policy 

Quantitative Techniques for Business  

Financial Management 

Advanced Cost Accounting 

Advanced Financial Management 

Marketing Management 

Organizational Behavior 

Research Methodology in Commerce 

Semester 3

Semester 4 

Advanced Corporate Accounting

Income Tax Law and Practice

Security Analysis and Portfolio Management

Financial Derivatives

International Business

Project Work / Internship

Strategic Management

Entrepreneurship Development

Financial Markets and Institutions

Mergers and Acquisitions

Conclusion 

In conclusion, pursuing an affordable online M.Com program in 2024 offers a valuable opportunity for individuals looking to advance their careers without the burden of high tuition fees and regular on campus classes. Programs like those from Jain, manipal and sikkim university provide quality education with flexible learning options, making it easier for working professionals and students to balance their studies with other commitments. As the demand for skilled professionals in commerce continues to grow, enrolling in an online M.Com program can be a strategic step toward achieving your career goals while maintaining affordability.

Frequently Asked Questions

An Online M.Com program is a masters degree in commerce that can be completed through virtual classes, allowing students to study from anywhere at their convenience. The program equips students with skills and knowledge required to build a career in the field of commerce and management.

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The requirements usually include a bachelor’s degree in commerce and related field, along with relevant work experience.

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The average fees for an online M.Com program may range between INR 30,000 to INR 80,000 for the entire course. This range may vary depending on the University.

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