Distance M.Com Education in Punjab
Distance M.Com Education in Punjab: With the advent of technology and globalization, the management of the financial and economic aspects of organizations has become a 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 M.Com comes in handy.
A Master of Commerce is a 2-year full-time post engineering degree. It is university-level education that assists as a gateway for students to jump into their professional careers after successfully completing a bachelor's degree in commerce. Once you complete the correspondence B.Com, M.Com can be done in the specialization of your likes 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 Distance 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 that has been selected and the college that has been selected. Fees vary according to affiliation and management of 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 given priority by different governments across the world, a Ph.D. will also help you make a dent in the world.
M.Com: What is it About?
- The Master of Commerce is a professional degree that enables you to grow in the corporate and finance sectors of the industry. It typically covers the study of macro-economics, accounting, business principles, and the like. The course is usually divided into 4 semesters.
- The program is primarily aimed at students who are genuinely interested in teaching and research in the field of commerce, giving them a platform to enhance their knowledge and qualifications to be able to do a Ph.D. Or any other relevant research degree after completion of the course.
- M.Com graduates have job opportunities in almost every sector of the economy. Some of the top recruiters of M.Com graduates are Capgemini, Dell, Infosys, and others. Moreover, there is no age bar to pursue a correspondence M.Com degree.
- M.Com qualification allows you to appear for competitive exams like civil services exams or exams related to finance and accounting requirements like income tax, CAG, or excise departments.
Distance M.Com Education in Punjab Eligibility
The basic eligibility criteria to pursue this course is as follows:
- Students need to secure a minimum of 50% aggregate in correspondence B.Com or B.Com Hons or equivalent from a recognized university.
- Some universities also consider students who have completed a Bachelor’s degree in Economics & Statistics, BFIA, BBS, and BBE with a minimum aggregate score of 60% or equivalent from a recognized university.
- Students belonging to the Reserved category are entitled to marks relaxation of up to 5% in government universities.
Distance M.Com Education in Punjab Admissions
M.Com colleges provide admission to candidates on the basis of a merit list. Candidates will be shortlisted if they meet the eligibility criteria set by the respective college or university. Most colleges offer merit-based admissions while some colleges also conduct university-level entrance exams.
Distance M.Com Education in Punjab Duration
The Master of Commerce is a 2-year post-graduate course that helps candidates analyze topics related to commerce. It is a specialized course that trains an individual for a career in the finance and corporate sector.
Distance M.Com Education in Punjab Specializations
A commerce degree in the right field and the right college according to your needs and qualifications can provide you with a bright and successful future ahead. And on top of that, a master's degree in a commerce specialization will take you to places you've always visited in your career.
Master of Commerce is a course that has many specializations. Aspirants can go with the following specializations during their M.Tech Course and they are as follows
- Management Accounting
- Corporate Law
- Industrial Business
- Business Analytics
- Human Resources Management
- Operations Management
- International Business
Why Choose Distance M.Com Education in Punjab?
In the era of startups and the growth of entrepreneurship, market analysts such as designations, operations managers take on huge responsibilities and are in demand and can be filled by the professional of M.Com course. Internship opportunities at major companies like Infosys, Dell's correspondence will add a lot of weight in terms of experience to the professional resume of the M.Com course.
Students can either pursue their career or pursue further studies in Statistics, Taxation, Accounting and Finance, Banking, Insurance, etc. Law school nowadays is a very common destination for postgraduates in commerce.
Corporate financial accounting and corporate tax planning are some of the requirements of the modern-day business sector in the context of auditing the financial industry in an organization. Account Assistant, Accountant, Business Analyst, and Financial Analyst are some of the major recruitment areas from the employment perspective and some of the most lucrative M.Com job opportunities.
It ranks higher than a bachelor's degree in commerce and helps build in-depth knowledge about various commerce and business practices that can be used in the ever-changing business world. Reputed and accepted banks like Standard Chartered Bank, Yes Bank, Manchester Bank, Correspondence are some of the leading recruitment and employment partners for M.Com course professionals.
Changing the routes of trades in the 90s was a major boon in terms of growth and employment in the economic sector, and is one of the major attractions of the pursuit of a Masters's in the field of commerce.
What are the Career options after Distance M.Com Education in Punjab?
Master of Commerce or correspondence M.Com is a postgraduate Master's Degree that specializes in commerce, accounting, management, and economics-related subjects. just like the Bachelor of Commerce.
The Master of Commerce typically consists of 2 years of regular study with regular attendance (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. There are several career options for you in the field of finance too. Here is a list of finance courses that can help you build a better career.
This course is specifically for college students who are currently at entry-level and want to expand their knowledge and career. In Distance M.Com, students are given the option to major in any of the specializations given. Students who wish to go for further studies or courses such as research or doctoral level can get a bonus with this course.
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Other sectors where an M.Com graduate can seek jobs include:
- Banking and finance
- Electronic marketing
- Funds management
- Management consulting
- Stock Broking
Job Opportunities after Distance M.Com Education in Punjab
M.Com presents a lot of career opportunities for the candidates. Banks and financial organizations/companies are the prime employers of these candidates. In India, government organizations are the principal employers of M.Com graduates. Central government companies offer a number of opportunities at entry-level with basic salaries ranging from Rs.20,000 / - to Rs. 30,000 / - per month. Employees receive grade promotions while on the job and therefore see an increase in pay. Apart from this, many perks like gratuity funds, travel allowances and etc. come for working in a government organization. To secure a government job, a candidate needs to pass some tests conducted by the government like UPSC, SSC, State PSC, etc.
The private sector has always maintained a position of overpayment from the government sector. It is the same here; The holder of a master's degree in a private sector company gets Rs. 30,000/- to Rs. 40,000/- per month is given. Candidates with experience and proficiency can easily earn 6 figure income.