Top 5 M Com Distance Education in Chandigarh – M Com Distance Education is a master’s degree in commerce. If you want to learn about financial studies and monetary transactions used to run a business, then M.Com is the right course for you. Students can enrol in M.Com degree in two ways; through regular classes and through distance education. Distance M.Com course is designed as per the latest education system.

In distance learning, students can get a master’s degree in commerce, and at the same time they can take up jobs or any other activities that can build their career. Distance MBA courses are a great learning source and a chance to acquire a postgraduate degree for students who want to study the financial transactions of the business in-depth but do not want to give up their priorities. This professional course will enable them to upgrade their current job position or they can apply for good positions in other companies.

Many subjects are offered in this course, whether distance or regular. Although it varies from university to university, the specializations offered in this course are M.Com Accountancy, M.Com Business Management, M.Com Banking & Finance, M.Com Accounting & Finance, M.Com Finance, M.Com. Com E-Commerce, M.Com Marketing, and others. However, in the first year of the programme, the same set of M.Com subjects are taught to students in all course specializations, while in the second year, students opting for the particular specialization have to choose a set of elective subjects. Which are offered in Master of Commerce courses according to their specialization. This business course is offered to scholars while they can play a responsible role incorporates.

Here are the best Top 5 M Com Distance Education in Chandigarh

1st out of Top 5 M Com Distance Education in Chandigarh

Amity University

We bring together the brightest and best faculty, scientists and students at Amity Institutes around the world who share a common passion – to achieve extraordinary things that will make our world a better place. This is Amity DNA.

With this philosophy, Amity University Punjab is being established in Mohali as a world-class hub of high-end, interdisciplinary research and education.

If you are brilliant, passionate, hardworking and want to change the world, let’s do it together.

Contact Details of Amity University

Address: Sebiz Square, 5th Floor, IT Park, C-6, Sector 67, Sahibzada Ajit Singh Nagar, Punjab 160062

College Phone Number: 099150 75777

2nd out of Top 5 M Com Distance Education in Chandigarh

University School of Open Learning, Panjab University

University School of Open Learning, Panjab University is formerly known as the Department of Correspondence Studies, was established in 1971. Its aim was to take university-based education beyond the four walls of the university. It continues to do so and fulfils a major social responsibility of providing doorstep education for those unable to access formal education. Started as a Directorate, it is now a full-fledged USOL with due representation in all University bodies. The main objective of the School of Open Learning, Panjab University was to take campus-based education beyond the boundaries of the University. School of Open Learning, Panjab University offers 28 courses which include undergraduate, postgraduate, diploma and vocational courses. Some innovative and socially relevant courses like Certificate Course in Vivekananda Studies, Diploma in Human Rights and Diploma in Naturopathy and Yoga have been started recently.

Contact Details of University School of Open Learning, Panjab University

Address: Suraj Bhan Hall, Near Guru Tegh Bahadur Bhawan, Panjab University, Sector 14, Chandigarh, 160014

College Phone Number: 0172 253 4301

3rd out of Top 5 M Com Distance Education in Chandigarh

Chandigarh University

Chandigarh University is an A+ recognized. This university has lived up to my expectations from day one. The infrastructure of the college is one of the best with all modern facilities like smart classrooms, wifi enabled campus, food court, stationery shops, proper facilities in main as well as departmental libraries and a large range of books. There is an all-day cleaning worker who makes sure that the premises are neat, clean and tidy. The university has proper hostel facilities for students coming from different parts of the country and the world. Talking about academics, the teachers have great experience of working incorporate as well as educational sectors. They are very friendly and kind and always available to help. Curriculum The curriculum is very well suited, varied and as per the current trends. It gives us practical experience on working conditions of industries. The university provides us with various opportunities through field projects, competitions, seminars to showcase our talents and acquire as much knowledge as possible. Chandigarh University is known for its record in placements. It is setting its benchmark with the increase in the number of companies visiting every year, increasing the number of students and increasing the number of packages offered by the companies. Special courses, training and classes are provided by the university to prepare the students well for such placement drives. Chandigarh University will definitely prepare you, you will see a new version of yourself the moment you pass out from here.

Contact Details of Chandigarh University

Address: NH-95, Ludhiana – Chandigarh State Hwy, Punjab 140413

College Phone Number: 1800 121 288 800

4th out of Top 5 M Com Distance Education in Chandigarh

Panjab University (PU)

Panjab University (PU) is a collegiate central university located in Chandigarh, India. Originating as Punjab Lahore University in 1882, the college was formed as an influence of the Hunter Education Committee (1882–83) during the time of the British Raj. It was transferred to Chandigarh as East Punjab University in the year 1947 after the partition of India, where the college was split between India and Pakistan. The college has sixty-eight teaching and research departments and 10 centers for coaching and research in the Siddhant campus located in Chandigarh. It has 188 affiliated faculties spread over 8 districts of the state of Punjab and the Union Territory of Chandigarh, with regional centers in the cities of Muktsar, Ludhiana and Hoshiarpur in the state of Punjab.

Contact Details of Panjab University (PU)

Address: Sector 14, Chandigarh, 160014

College Phone Number: 0172 253 4867

5th out of Top 5 M Com Distance Education in Chandigarh

Chitkara University (CU)

Chitkara University (CU) is a government recognized institution established in the year 2010 for conferring degrees as per Section 2(f) and 22(1) of the UGC Act, 1956. Spread over 70 acres, the University of Punjab campus is equidistant from Chandigarh, Mohali, Panchkula, Ambala and Patiala. It is established as a co-educational institution with 12818 students and a total faculty strength of 736. With a student-centric approach, Chitkara University is classified as one of the finest private universities within the North India region. From Business Studies to Nursing and Medical Laboratories and Science, Electronics and Mechanical Engineering to Architecture, Chitkara University, Punjab is the first provider of quality education. Chitkara University in Punjab also presents many possibilities for college students in the vicinity, to go for exchange programs in foreign universities and institutions, helping them to gain gainful global exposure.

Nursing, management, architecture, engineering, pharmacy, healthcare, arts and design, media, hospitality, education, applied engineering and science are some of the departments that offer undergraduate, graduate as well as doctoral programs. Chitkara University campus has spacious amphitheatre-classrooms – equipped with ICT equipment and well-equipped laboratories. Additionally, college students are encouraged and participate in co-curricular and extra-curricular sports through the diverse societies and clubs on campus. This is due to the well-established educational infrastructure on the campus along with domestic and global collaborations.

Contact Details of Chitkara University (CU)

Address: 160, Madhya Marg, 9C, Sector 9, Chandigarh, 160017

College Phone Number: 0172 409 0900

About M.Com

The 2-year M.Com course provides quality education to students catering to the needs of the managerial cadre in business and industry. It also serves the purpose of research and teaching in business studies.

The curriculum improves logical reasoning, analytical skills, communication skills, mathematical and statistical knowledge, business management skills, teaching and research skills. Therefore, candidates who want to become teachers, lecturers, professors and pursue higher education (PhD) usually go for this course.

M.Com Admission Process

Admission to M.Com courses is done on the basis of merit or entrance test. The admission process is quite straightforward and easy to follow. You have to either pass the entrance exam or score well in graduation. The marks required for different M.Com specializations vary from college to university. However, the basic description remains the same

Eligibility of M Com

The basic eligibility criteria to pursue this course are as follows:

  • Students need to have obtained a minimum 50% aggregate in B.Com or B.Com Honors or equivalent from a recognized University.
  • Some universities also consider students who have completed a bachelor’s degree in economics and statistics, BFIA, BBS and BBE from a recognized university with a minimum of 60% or equivalent.
  • Reserved category students are entitled to get up to 5% relaxation in government universities.

Who is this program for?

Candidates should have successfully completed a Bachelor’s degree (preferably commerce, otherwise any UG degree) of a minimum 3 or 4 years duration or its equivalent. Passed Degree, Graduation or Masters, must be from a University which is recognized by the UGC (University Grants Commission) of India.

This course is for students who want to acquire in-depth domain knowledge and need a good education in a good institution, or who cannot afford a regular college fee but want to pursue higher studies. It is also suitable for students who are busy with a side hustle, live far away or cannot attend regular college for any reason. Due to the flexibility in age for applying to this programme, students who could not complete their studies on time can also apply, irrespective of their age.

Why M.Com?

M.Com courses are in high demand due to the financial benefits provided to the candidates. M.Com courses are available in various modes and the vast amount of specialization allows the candidates to carve a niche among various industries. After completing the course a candidate can avail the following benefits:

New Job Opportunities: M.Com course will provide better job opportunities in future. For example, the investment sector in India is expected to grow to US$ 1 trillion by 2025, thus providing job opportunities for M.Com graduates. Similarly, the investment banking sector in India is expected to grow at a CAGR of 8.4% from USD 102.84 billion in 2020 to 111.45 billion in 2021, and reach USD 137.97 billion by 2025. Banking and Financial Services Industry (BFSI) is expected to create more than 8 million jobs to M.Com graduates in the next 8-10 years.

Strong Salary: M.Com candidates are appointed in various posts like Account Assistant, Cost Accountant, Investment Banker etc. The average MCom salary in India is INR 372,913 per annum, while the average fee ranges between INR 5000-INR 140,000. Hence, candidates are able to get back their investment easily. M.Com graduates have employment opportunities in almost every sector of the economy. Some of the top recruiters of M.Com graduates are Capgemini, Dell, Infosys and others. Also, there is no age limit for pursuing an M.Com degree.

A safety net: Most M.Com candidates pursue other professional courses like Chartered Accountant (CA), Company Secretary or CFA. The reason is that these professional courses are difficult to pass. For example, only 6% of the total candidates have cleared both the groups of CA exam. And the passing percentage of the CFA course is between 42-54%. So if anything goes wrong the candidates will have something to hold back.

Step One: Most of the candidates who want to take up teaching as a profession, especially in the commerce section, are willing to take M.Com specialization in their postgraduate level examination. The M.Com course is essential for starting PhD programs in the future and serves as an introductory course.

Development of Managerial Skills: The M.Com course covers various topics related to the management of the organization and its people. The M.Com syllabus is designed in such a way that the candidates are equipped with the skills to handle finance, grow the company, strategize to deal with difficult situations.

M.Com Specialization: The M.Com course offers a large number of specializations that include streams such as Finance, Accounting and Finance, Marketing, Computer Applications, Financial Management, Business Management, etc. Different specialization improves the job prospect.

It allows candidates to build their network with various batch mates as well as with seniors, professors and alumni. The main idea behind networking is to create a context for the jobs of the future.

M.Com qualification allows candidates to appear for competitive examinations such as civil services examination or examination related to finance and accounting requirements such as income tax, CAG or excise departments.

Career Options after M.Com

The field of commerce is quite diverse and promising. Choosing a degree in commerce can be a good decision for anyone aiming to work in the best companies or industries around the world. In fact, for those trying to reach the top positions in the industry, M.Com is a better option. As a result, all the best management colleges in India have aptly included this two-year degree program in their academic curriculum.

This brings us to a question: What are the chances of an M.Com degree? Similarly, another curiosity is to know what are the best career options after M.Com. So, we are here trying to guide all those people who are still unaware of all the future career paths. Before clarifying the job options, we would like to highlight some of the major business sectors where having an M.Com degree proves to be quite beneficial.

Employment Sectors After Completion of M.Com Degree:

Operated under the banner of commerce domain, various branches usually hire candidates with M.Com degrees. These areas include:

  • Banks
  • Insurance industry
  • Educational institution
  • Border tax department
  • Research associates with economic consulting firms
  • Indian Economic Services

Now, in these mentioned fields, there are a lot of career options that students can work on. So, for the ease of the candidates, we have listed the best ones hereafter.

Career Paths After M.Com Degree

Although candidates with an M.Com degree can unlock any number of opportunities, some options are more promising than others. Therefore, we have highlighted them and mentioned them further. Options include:

Senior Accountant: Accountant is the most important requirement for smooth functioning of any business. In every organization, finance is one of the most important resources and one has to keep a record of every asset and liability.

So, here comes the role of Senior Accountant, he is responsible for preparing and maintaining complete records of revenue, expenditure and account information. A senior accountant can work in banks, schools, retail outlets, malls, hospitals etc. In short, accountants can find jobs in almost every field. Therefore, it promises high remuneration and respect.

Corporate Secretary: This is one of the most sought-after options among commerce students. A corporate secretary is generally required by the corporate houses. Responsibilities include managing board meetings and ensuring that the company receives appropriate advice to perform duties. It is a designation that can be filled only by those having an M.Com degree. Thus, M.Com is one of the job oriented courses that can be pursued after B.Com.

Financial Controller: The job of a financial controller is one of the most opportunities for commerce students. A financial controller (interchangeably comptroller), is one who acts as the principal accountant and oversees all the books of the company and ensures that they reflect the proper inflow and outflow of funds.

As it implies, the job requires candidates with advanced knowledge of the commerce sector and appropriate leadership skills. That is why this job pays well and is one of the best career opportunities.

Investment Banker: The main role of an investment banker is to help companies and the government to raise capital by implementing the right procedures. An investment banker also acts as an advisor for mergers, acquisitions and other important decisions.

Tax Consultants: As the name suggests, tax advisors are professionals who advise clients on tax-related issues. Clients turn to tax consultants for their tax calculations, return filing, etc. These professionals also help in suggesting investments to make necessary deductions in taxes through which clients can save their hard-earned money. With the completion of this master’s degree from one of the best M.Com colleges in India, students can work as tax consultants in the country or elsewhere to earn good money!

Budget Analyst: For each financial year, the company fixes a budget and allocates funds for the same. In order to ensure that the budget is in line with the requirement of the organization, it needs to be analyzed properly. Therefore a budget analyst reviews the budget and suggests ways to utilize the funds in the right way which increases profitability.

Auditors: Auditors are responsible for examining and analyzing financial information, including spreadsheet data, company accounts, financial reports, and records. He will also have to ensure that the assets of the company are well protected through necessary measures.

Stock Broker: To invest in the stock market, individuals either need to have a proper knowledge of the workings of the market or they need to rely on a stockbroker. So, it indicates that stockbrokers are professionals who help clients to build a portfolio and invest in the right stocks.

Professor: This is again one of the best options available after the completion of the degree. There are some great colleges and universities out there that require inquisitive students who have a complete grasp of all the positions in finance, accounting and other branches of the commerce discipline. Once a candidate becomes a professor, he/she can get an impressive salary and be promoted

Chief Financial Officer: The responsibilities of the Chief Financial Officer include making investment decisions, planning a company’s financial strategies, and overseeing all financial activities. This is one of the most important and important positions in an organization and can pay really well.

Conclusion

M.Com degree is quite worthwhile. Since finance is the lifeline of every company, it requires proper management and supervision and only those having relevant qualifications and skills can perform these duties. So, candidates must go for an M.Com degree after completing their B.Com. This will not only increase their chances of getting a better job but will also enhance their knowledge. As a result, the right step is to acquire a B.Com degree and then search for the best college, apply online and start your search. Therefore here above we have given the list of Top 5 M Com Distance Education in Chandigarh. If you want to pursue M Com course through distance then these are the best colleges for you that provide the best M Com distance education.