Distance M.Com Education in Ambala
Distance M.Com Education in Ambala: The M.Com, or Master of Commerce, is a postgraduate course in the field of commerce specifically aimed at students who wish to specialize in various fields of banking and finance. This course is of 2 years duration and is considered high and is very well received in the industry. The course provides quality education to students serving the needs of the managerial cadre in business and industry. It also serves the purpose of research and teaching in business studies.
The correspondence M.Com degree is a postgraduate course offered for graduates in commerce. It is a two-year course approved by the UGC. The Master of Commerce typically includes 2 years of regular study with regular attendance and not less than 75%. The program typically focuses on various disciplines such as accounting, actuarial science, business management, corporate governance, human resource management, economics, statistics, finance, marketing, or supply chain management.
What is M.Com?
With the advent of technology and globalization, the management of the financial and economic aspects of organizations has become the primary focus in every country. And this focus can be met by someone who is well versed in accounting and financial knowledge. And this is where your degree in correspondence M.Com comes in handy.
A Master of Commerce is a 2-year full-time post engineering degree. It is university-level education that serves as a gateway for students to jump into their professional careers after successfully completing their degree in commerce. Once you complete B.Com, M.Com can be done in the specialization of your choice and desires. A degree from reputed colleges can go a long way in the field and provide you with a strong career.
Career growth in the correspondence M.Com course is extremely strong and dynamic in nature because here you will study the subjects of your choice and the people who will really help you in your profession in the later stages of your career. Starting salary depends on the stream opted for and the college is chosen. Fees vary according to affiliations and the management of the institutions.
A master's degree in commerce can enhance the entrepreneurial skills of students. Every year 5% to 10% of students who graduate from top schools drop out of placements to start their own firm. Many students receive their Ph.D. In his stream of expertise. Since research and development in financial engineering, corporate finance, and economics are preferred by various governments worldwide, a Ph.D. Will also help you make a dent in the world.
Distance M.Com Education in Ambala Eligibility:
The basic eligibility criterion for pursuing a correspondence M.Com course is to have a graduation degree in commerce stream. As an optional criterion, many universities accept any bachelor's degree with honors in economics or business/management studies for admission to the M.Com course. A handful of reputed institutes and universities demand a minimum of 45-50% marks in graduation as a qualifying criterion for admission to their M.Com course.
Other M.Com course descriptions are for students who have completed their BBS, BBA, BFIA, or BBE, must have a minimum of 60% marks to be eligible to apply. The applicant applying for admission to a degree course in these colleges is selected on the basis of the marks obtained in the final merit, i.e. the total marks in the final examination of the graduate and the entrance examination.
Distance M.Com Education in Ambala Subjects
Have a glance at the M.Com Subjects as per the Latest Curriculum and have beforehand knowledge. It will be easy for you during the time of preparation as you be familiar with the concepts to cover.
- Economics of Global Trade and Finance
- Financial Management
- Accounting for Managerial Decisions
- Business Environment
- Computer Applications in Business
- Computer Financial Accounting
- Corporate Legal Environment
- Corporate Tax Planning
- Banking & Finance
- Commercial Bank Management
- Entrepreneurial Management
- Financial Bank Management
- Financial Markets
- Management Concepts and Organisation Behaviour
- Managerial Economics
- Marketing Management
- Statistical Analysis
- Strategic Management
- Human Resource Management
- International Finance
- Investment Management
- Portfolio Management
- Advertising and Sales Management
- Consumer Behaviour
- Marketing Research
- Research Methodology in Commerce
- Financial Institutions and Markets
- Project Planning
- Control Security Analysis
- Foreign Trade Policy
- International Business Environment
- International Marketing
Distance M.Com Education in Ambala Specialisations:
Correspondence M.Com course is a course of many specializations. Some of the specialization options available for the aspirants of the M.Com course are:
- M.Com in Human Resources Management
- M.Com in Taxation
- M.Com in Accounting
- M.Com in Finance
- M.Com in Marketing
- M.Com in Corporate Law
- M.Com in Industrial Business
- M.Com in International Business
- M.Com in Entrepreneurship
- M.Com Business Management
- M.Com Computer Applications
- M.Com in Operations Management
- M.Com in Management Accounting
Why should you study Distance M.Com Education in Ambala?
Good job opportunities, a bright career, and a good pay scale in industries are the reason behind this trend. And this trend is a blessing that is done right by students and institutions, nurturing them in view of timely inventions and innovations coming from organizations and institutions around the world.
Here are the reasons a degree in distance M.Com is important for your career:
- After your M.Com completion, you will get exposed to higher-paid private and government jobs.
- You get the opportunity to experience the field related to research, teaching, and others.
- It is a professional job-oriented postgraduate degree, which allows students to enhance their skills, knowledge, and ability in many areas of commerce such as finance, finance management, corporate finance, accounting, banking, insurance, income tax, etc., etc.
M.Com Course Preparation Tips:
Every course needs to be prepared well and course preparation tips are very much necessary to prepare well. Some of the course preparation tips for the distance M.Com course is mentioned below:
Have intrinsic knowledge and interest in subjects: Good marks can be scored only when we are interested in subjects and interest should be developed to have a good understanding of the subject.
Read and Practice: It is very important to read and practice subjects regularly. Basic mathematics has come in the M.Com syllabus and it is very important to practice regularly.
Revise methodically: Revision is very much important for any course. Revising regularly is the key to score good marks. Revising regularly will help the student to understand the subjects easily and score good marks.
Prepare a timetable: It is very necessary to prepare a timetable as the timetable will help the students to schedule things accordingly and dedicate time for every subject.
Career after Distance M.Com Education in Ambala
There is a various field where students can build their career after M. Com:
Assistant Accountant:- Duties and responsibilities of Assistant Accountant are likely to help in arranging financial statements and accounts, making budgets, managing account holders, processing invoices, and preparing VAT returns. The Assistant Accountant provides whatever is important to the management accountant and the finance team.
Accountant:- Accountant refers to the financial work related to aggregation, accuracy, recording, analysis, and presentation of the business, organization, or financial functions. In a small business, the role of an accountant may primarily involve financial data collection, entry, and report generation.
Senior Account Representative:- The senior account executive is generally responsible for achieving sales and/or profitability objectives from new customers or accounts. Senior account members identify market opportunities, prospects and interact with new customers, develop proposals and manage the contracting process. Achieving assigned sales targets.
Cashier:- The cashier's primary role is to assist customers in the in-store check-out process. Duties include sales, ringing items, requesting a price check, honoring coupons, collecting payments, and giving appropriate changes. May be responsible for checking content. Supply and reporting when stocks are low.
Personal Finance Advisors:- Financial advisors work with clients to develop individualized financial plans for savings, retirement, investment, and insurance. They spend a lot of time marketing their business and recruiting new customers. Many become certified in financial planning and are licensed to sell financial products.
Business Consultant:- The Business Consultant works with clients on strategy, planning and problem solving and helps clients develop business skills and knowledge. … You will call yourself a mentor, mentor, mentor or coach, and most customers will understand that this means that you will help them solve problems and grow their business.
Teachers/Lecturer:- Job responsibilities of a lecturer include: Advise students on their research and guide them in subject progress. Conduct research in your discipline and publish educational material. Work with the educational institution on administrative matters.
Financial Analyst:- Improving the financial situation by analyzing the results; Monitoring version; Identifying trends; Recommending action to management. Reconfigure transactions by comparing and improving data. By entering, verifying, and backup data in the database.
Jobs & Career after Distance M.Com Education in Ambala
After being awarded the correspondence M.Com degree, candidates can either look for jobs in various departments or opt for certification courses such as CA, CFA, CMA, ACCA, etc.
- Private sector sectors that are open to M.Com graduates include accounting, consumer durables, telecommunications, banking, and insurance industries, automobile industries, BPO industries, media industries, retail industries, and more.
- Graduates of the M.Com course may begin as a Sales Officer, Accounting Manager, Finance Manager, Company Law Assistant, Cost Accountant, Financial Advisor, Financial Advisor, Tax Advisor, etc.
- Students have a plethora of job opportunities in the government as well as the private sectors, provided they are not limited to careers in accounts, finance, and banking.
Job Opportunities after Distance M.Com Education in Ambala
M.Com Graduates will lucrative career options in a variety of areas and the employment scope is such
- Investments Analyst
- Accounts Assistant
- Investment Banker
- Assistant Accountant
- Market Analyst
- Marketing Manager
- Business Analyst
- Money Manager
- Operations Manager
- Corporate Analyst
- Personal Finance Consultant
- Executive Assistant
- Risk Analyst
- Finance Manager
- Securities Analyst
- Financial Analyst