Online M. Com (with ACCA)

Online M.Com is a comprehensive two-year postgraduate programme, specifically designed by global experts to empower students with highly advanced skills. In collaboration with Association of Chartered Certified Accountants (ACCA), this master's degree programme designed for the learners who aspires to enhance their critical thinking and problem solving skills.

Programme Start Date: 24th      March, 2024
Certificate from IIM Kozhikode
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Benefits of an Online M.Com (with ACCA)

The benefits of this programme underscore the nature of the course, highlighting its global recognition to equip students with a competitive edge in the field of finance and accounting.

  • The ACCA Advantage: Pursuing master's with ACCA accreditation exempts you from 9 papers in knowledge or skill level papers. Moreover, it allows you to connect with professionals from across the globe through various international communities. Curriculum-wise this programme focuses on instilling professional values, ethics, and governance which sets the course apart from other programmes.
  • Global Opportunities: ACCA has an extended group of international members which is reflected in online M.Com (with ACCA) syllabus and it gives you a unique global exposure. This implies that you can apply for ACCA/accounting or finance jobs abroad as well if you qualify for that position.
  • Flexibility of Online Learning: As you know that online learning is all about flexibility and self-paced learning, given the complexity and vastness of the programme, being able to study online is a huge advantage, especially for candidates who are preparing for other ACCA papers.
  • Better Growth Opportunities: With ACCA credibility added to your degree, you will be counted among the prolific accountants in the field. Therefore, you can negotiate for competitive salary packages and will be preferred by employers for top positions as well.

Eligibility Criteria

There are some criteria to be followed in order to pursue online M. Com with ACCA which is as follow:

  • Educational Qualification: Students must have completed bachelor's degree or other equivalent degree of three-year in any stream from a recognised board. His/her minimum marks should be over 50% (45% for reserved categories). Though there may be few colleges who prefer bachelor's degree in commerce field.

Students in their final semester can also apply for this online programme.

  • Financial Accounting
  • Financial Management
  • Cost & Management Accounting
  • Advanced Management Accounting
  • Financial Management II
  • Security Analysis and Portfolio Management
  • Valuation, Mergers & Acquisitions
  • Financial Derivatives
  • Management of Financial Institutions
  • Financial Statement Analysis
  • Strategic Financial Management
  • Risk Management

Admission process

Admission is made on a rolling basis with a fixed deadline for applying. The admission calendar and structure is different for each university. Nonetheless, below mentioned is a general overview of the admissions process followed largely:

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Online Application

Fill out the application form with accurate information.

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Upload Documents

Attach all the essential documents with your recent photograph.

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Pay the Fee

Pay the application fee and the course fee.

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Documents Validation

To shortlist the candidates, the college will verify your documents.

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Confirmation Letter

A final confirmation will be sent to accepted candidates.

List of documents

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Academic Documents
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Government ID proof
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Work Experience
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Passport size photographs

Pedagogy

Interactive teaching style utilizing technology

Pedagogy of the IIM Kozhikode Financial Management programme includes lectures, real-life case studies, quizzes, assignments, and interactions with experienced executives

Emphasis on peer group learning experience

Key Learning Outcomes

  • Learn to make decisions regarding the valuation of assets, hedging, trading portfolio management.
  • Master the concept of Return on Investment (RoI) central to every financial decision
  • Drive business decisions by understanding financial principles, assessments, analyses, and considerations

Programme Delivery

The interactive learning component forms the core of EPGP. The Instructors facilitate the learning through two-way audio/video synchronous telecommunication mode from the studios set up at IIIMK campus. The technology allows the instructor to use PowerPoint presentations, video, audio, whiteboards to effectively communicate the ideas and interact with the participants who attend the sessions from selected TimesPro centres, located at different cities in India.

Who should attend

  • Working professionals seeking knowledge, aspiring to improve the organizations they work for and to advance their careers to greater heights
  • Young executives working in the finance domain seeking to develop specialised competencies in finance
  • Experienced professionals with a deep footing in finance, looking to reach the top of the financial profile in their organisations

Eligibility Criteria

The eligibility criteria of the IIM Kozhikode Financial Management programme include:

  • Bachelor's degree or equivalent in any discipline with a minimum of 50% aggregate marks or equivalent CGPA
  • 3 years of managerial, entrepreneurial, or professional work experience after graduation as of the deadline for submitting the online application
  • Work experience before completion of the bachelor's degree will not be considered The bachelor's degree must be awarded by a university incorporated by a state or central legislature in India, or other educational institutions established by an act of Parliament, or recognized as a university by the Ministry of HRD in India
  • If grades or CGPA are awarded instead of marks, the conversion to percentage of marks will be based on the university's conversion procedure If the university does not have a conversion scheme for CGPA, the equivalence will be calculated by dividing the candidate's CGPA by the maximum possible CGPA and multiplying by 100.

Alumni Benefits

  • Access to IIMK Alumni E mail ID
  • Issue of Alumni Identity Card Access to Alumni Online Portal (Kasebook)
  • Access to IIMK Alumni Email Id (1) Privilege of participating in the Institute activities such as Conferences, Workshops, Convocation, Alumni Meets, Events, PGP/EPGP Inauguration Ceremonies etc
  • Avail MDC /Guest Rooms at discounted rates (i.e., rates equivalent to the Institute Guests)
  • Eligibility to participate in the Awards, Ranking and Accreditation activities coordinated by the Institute
  • Avail the services of IIMK Alumni Relations office
  • Weightage for “Award of Excellence” for Distinguished Alumni Award
  • Preference for sharing/submitting articles for Newsletters in the Institute

Fees

The average fee for online M. Com with ACCA ranges from ₹ 2,20,000 – ₹ 3,00,000 depending upon the university you choose.Colleges/universities have different payments formats such as semester-wise, year-wise, one-time payment. Besides this, you can EMI facility and other financial assistance if the college has any.

Online M.Com Specializations

Online MCom (with ACCA) in International Finance and Accounting (ACCA)

The teaching approach for the IIM Kozhikode Financial Management programme will be interactive and utilize technology to enhance learning. The pedagogy will be a blend of lectures, real-life case studies, quizzes, assignments, lecture-discussions, case study method, behavioral and computer-based simulations, projects, and class presentations.

Assessment for each course will include end-term examinations (after each quarter), quizzes, assignments, projects, and other methods.

Instructors will use a 13-level grading scale, ranging from A+ to F, to evaluate students' academic performance in each course.

The grading scale and corresponding grade points are as follows:

The final Cumulative Grade Point Average (CGPA) for the program will be calculated by summing the grade points for all courses, multiplying by the credits for each course, and dividing by the total number of credits for all courses. This CGPA will be used to determine the award of the certificate.

Certification & Alumni status

Participants of the IIM Kozhikode Financial Management programme, on successful completion of the one year programme would be awarded, “Executive Post Graduate Certificate in Financial Management”. Successful candidates will also be accorded IIM Kozhikode Alumni status.

Attendance Criteria

A minimum of 75% attendance is a prerequisite for the successful completion of the IIM Kozhikode Financial Management programme for each course in each quarter.

Sample Certificate

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Importance of Choosing Right College for Online M.Com (with ACCA)

Every candidate has different needs and interest, so what fits us best depends on individual taste. It is the same when choosing a college, we all have different professional aspirations, trajectory and interests, that is why it is important to choose the right college. Let's explore the reasons why choosing the right university matters:

  • Access to Desired Curriculum: Since every college/university has a different course plan, there are chances that the modules you wish to study are not offered by certain universities. Therefore, it is essential to do thorough and choose the right college.
  • Career Security: Studying your desired subjects in the right college leads you to better career opportunities. A good opportunity mean job security, which can only come if you choose the right college.
  • Different University, Different USP: No college/university can claims to be the jack of all trades, every institution has its own area of strengths. Some might be good at health science education, whereas, some top runner in business and management education. Hence, it is essential to choose your college wisely.

Subjects and Syllabus

Depending upon the institution, you will get different course modules and syllabus. The core areas may be the same, but subjects might differ. Here is a general syllabus offered by universities:

Semester - 1 Semester - 2
Managerial Economics Indian Financial System
Business and Technology Strategic Business Reporting
Financial Management Financial Reporting
Professional Business Communication Financial Planning and Wealth Management
Strategic Business Leadership Performance Management
Financial Accounting and Analysis Portfolio Management (Theory & Practice)
Semester - 3 Semester - 4
Global Strategic Management Global Strategic Management
Taxation UK Advance Financial Management
Audit and Assurance International Financial Management
Advance Audit and Assurance Advance Financial Management
Budgeting and Forecasting Capstone Project
Income Tax Law and Accounts
Note:

All fees are directly payable to IIM Kozhikode *GST as applicable will be collected additional from the candidate/participant. The current GST rate is 18% Application Fee: 2000 plus 18% GST. Application fee remitted is not refundable or adjustable under any circumstances. Candidate applying for more than one programme is required to the remit application fee for each programme that she/he is applying. Programme Fee (Non-Refundable): 3,50,000 plus 18% GST payable in four instalments as per the following schedule.

*GST 18.00% applicable.

Timelines

Career opportunities

Since there is always a high demand for commerce professionals, there is always good scope for the students pursuing M.Com with ACCA accreditation. Below are the job profiles you can go with after this online programme:

Job Roles Job Description
Corporate Secretary A professional responsible for overseeing corporate documents including stockholder correspondence, disclosure information, state laws compliance, stock issues, and other statements.
Actuarial Analyst Using statistical models to analyze and assess risk level for the company. He/she has to identify daily trends and identify new sources of data.
Chief Financial Officer With strong leadership, problem-solving, and communication skills, a CFO can make decisions in matters concerning financial analysis, risk management, and strategic planning. CFO has to determine the areas where the business needs financial growth.
Corporate Finance Manager He/She manages the inflow and outflow of funds involved in the particular organization. Also handles day-to-day finances of the company which includes budgeting, making loan payments, decision making, etc.
Financial Analyst In this role, the individual has to provide business insights by analyzing the financial data of the organization. They work closely with the management level professionals.
Investment Banker Analyzing data, solving problems and taking investment decisions are the crucial skills for investment bankers to advise their clients on better ways to raise money in capital markets. This also includes selling equity or issuing debt in the companies.
Appear for ACCA Remaining Papers Many candidates go further to complete ACCA paper and acquire the credential. This makes you eligible to work as Certified Accountant internationally in countries where ACCA is acceptable.
Job Roles Average Annual Salary
Corporate Secretary ₹ 8.2 LPA
Actuarial Analyst ₹ 7.1 LPA
Chief Financial Officer ₹ 46.7 LPA
Corporate Finance Manager ₹ 17.4 LPA
Financial Analyst ₹ 12.2 LPA
Investment Banker ₹ 5.7 LPA
Appear for ACCA Remaining Papers NA

FAQs

Yes, you can pursue M.Com and ACCA simultaneously. Pursuing M.Com with ACCA offers advantages as the curriculum is aligned with ACCA, making you eligible for exemptions in many papers and easing the process of doing both.

Yes, anyone from a commerce background can pursue ACCA. Students must have completed 12th with commerce education from a recognized board or institution to be eligible for ACCA.

Yes, online master's degrees are valid and recognised by employers and academic institutions. When choosing an online programme, ensure it is accredited by a recognised accrediting bodies like UGC-DEB or AICTE to ensure its quality and validity.

Whether an online MA is worth it depends on your individual circumstances and career goals. If you are a working professional or engulfed in familial responsibilities, pursuing an online MA degree is totally worth it. However, if you are a fresh graduate without a job, it will be beneficial if you go for a regular MA programme instead.

The cost of an online MA program can vary greatly depending on the university, program, and specialization. However, the average cost typically ranges from ₹10,000 to ₹50,000 per semester.

The minimum duration of an online MA programme is two years. It can be extended under certain special circumstances.

Yes, online degrees are equally credible in the market.

Yes, many universities provide placement assistance to the students pursuing Online MBA. They also offer assistance in networking where you can connect with alumni, experts, and faculty and get valuable insights. This will help in connecting students with potential employers.

UGC has given equal weightage to online, distance and regular MBA degrees. So yes, an Online MBA degree holds a lot of value when it comes to career growth and professional development.

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