Online M.Com

The online Master of Commerce programme offers a comprehensive exploration of advanced business concepts, equipping students with a thorough understanding of commerce, finance, and management. This programme also focuses on honing critical thinking, analytical, and decision-making skills which prepares graduates for leadership roles in diverse sectors.

Programme Start Date: 24th      March, 2024
Certificate from IIM Kozhikode
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Benefits of the online M. Com

Amidst the changing economic atmosphere and business environment, commerce has become a lucrative field with a dire need for competent professionals to adopt the new trends in the market. Therefore, pursuing online Master of Commerce (M.Com) programme at this juncture will benefit you in many ways:

  • Career Advancement: M.Com is a highly sought-after profession which is required in almost every sector. The programme also equips students with the knowledge and skills necessary for leadership roles and ensures a higher earning potential.
  • Enhanced Knowledge and Skills: What you may have learned in your bachelor's programme was just the overview but, the curriculum of M.Com programme is vast and covers the practical implications of every subject. This will equip you with skills and knowledge required by recruiters, thus making you job ready.
  • Increased Career Flexibility: As commerce is vast field, several career prospects open up for you post completion of this degree. With master's degree you can even negotiate for higher salary package and a high rank position that your previous designation.
  • Earn While you Learn: With the flexibility of online learning, you can continue to experience the nitty-gritty of the industry while expanding your academic credentials. This is a great to practically understand the concepts learned in the class and being able to apply them in real-time at work.
  • Earn While you Learn: With the flexibility of online learning, you can continue to experience the nitty-gritty of the industry while expanding your academic credentials. This is a great to practically understand the concepts learned in the class and being able to apply them in real-time at work.
  • Affordability: If you have a tight budget or simply don't want to spend much on your master's degree then online M.Com is right fit for you. Compared to regular in-campus programmes, online courses have low fee structure and you won't have any travel or relocation expenses.

Eligibility Criteria

The candidates who wish to pursue online M.Com programme, should thoroughly check the eligibility criteria for every college/university. The general eligibility criteria for this programme is:

A candidate who has completed 10+2 followed by 3-year bachelor's degree programme is eligible to apply.

He/she must have passed his last education with a minimum of 50% marks. The minimum marks criteria may vary for reserved category candidates.

Although it is not mandatory for a candidate to have bachelor's degree in the same field but, he/she should have the basic knowledge of the field and its related concepts.

  • 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

The admission is done on rolling basis with a fixed deadline for the submission of the application. The admission calender and strcuture 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 fee structure for M.Com programmes varies significantly across universities. In general, the cost can range between ₹ 6,000 to ₹ 1,50,000. Many universities offer scholarships to deserving students based on merit, financial need, or social background. Apart from this, some institutions do have EMI facility for the students.

In-demand online MBA specialisations

Accounting and Finance Marketing
International Finance/Accounting Financial Management
Fintech Banking and Insurance
Economics Professional Accounting and Finance

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 the Right M.Com Specialisation

Choosing the right specialisation for your online Master of Commerce (M.Com) degree is crucial for your future career success and personal satisfaction. Here are some reasons why it matters:

  • Career Pathway: Specialising in a particular field makes you a subject matter in that area, making you more competitive in the job market. Employers often seek individuals with niche skills, giving you an edge over others.
  • Higher Salary Package: A candidate with niche skills and high-degree of knowledge base is always preferred by employers. This will land take you to better opportunities and lucrative salary package.
  • Better Career Planning: Choosing a specialisation early helps you map out your career path and focus your job search efforts on relevant opportunities. Participating in relevant internships, attending industry events, and networking with professionals within your chosen specialisation can help you build a strong career network and gain valuable experience.
  • Gain High Credibility: Having a degree in a partcular area reflects your competency and potential to perform better than the ones with general idea of the concepts. It is an added advantage for you when applying for a job.

Subjects and Syllabus

The syllabus of the online M.Com programme ranges from basic to advanced levels as you progress through the program. The subjects differ in every university and vary according to specialization. Below is a general course plan followed by most institutions:

Semester - 1 Semester - 2
Managerial Economics Advanced Financial Management
Quantitative Techniques Research Methods and Statistics
Professional Business Communication Microfinance Management
Research Methodology Marketing Management
Business Environment & Regulatory Framework Advance Corporate Accounting
Marketing Management International Financial Reporting Standards
Financial Reporting & Analysis
Semester - 3 Semester - 4
Entrepreneurship Capital Market and Financial Services
Supply Chain and Logistics Management Tax Planning and Procedure
Family Business Management Business Finance
Research Project Report Digital Marketing
Security Analysis and Portfolio Management CSR
Specialisation Electives Specialisation Electives
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

Online M.Com paves your way for several job opportunities across various sectors of banking and financial services. Since finance and accounting professionals are required in every company, you have multiple job roles to apply for. Here are a few avenues you can explore:

Job Roles Job Description
Cost Accountant A professional who is involved in calculating the cost associated with a particular service or any activity associated with it. They have to evaluate the overall profit and loss statement while preparing a budget.
Operations Research Analyst Gathers financial data on a business's main operations, evaluates it to identify and address operational costs, and develops and implements solutions to improve efficiency, productivity, and cost-effectiveness.
Risk Manager Identifies, analyzes, and mitigates risks that threaten the organization's financial health, develops and implements risk management strategies to minimize impact and protect assets and reputation.
Corporate Controller Manages the organization's accounting and financial operations, prepares financial statements, manages budgets and forecasts, and ensures compliance with all applicable financial regulations.
Investment Banker Helps individuals, organizations, government or other business entities to increase their capital by providing investment strategies and plans. They act as a bridge between the two parties.
Corporate Secretary A skilled professional who has to monitor every aspect of the company's actions with respect to government rules and regulations. His day-to-day duties include filing tax returns, keeping records, and advising the higher management on the financial decisions of the company.
Internal Auditor In this job role, the candidate has to oversee the internal affairs of the company. They have to evaluate sales, manufacturing, budget, growth, performance of the employee and other things.
Job Roles Average Annual Salary
Cost Accountant ₹ 7.2 LPA
Operations Research Analyst ₹ 6 LPA
Risk Manager ₹ 10.8 LPA
Corporate Controller ₹ 22.5 LPA
Investment Banker ₹ 12.2 LPA
Corporate Secretary ₹ 8.2 LPA
Internal Auditor ₹ 4.7 LPA

FAQs

An online M.Com is a postgraduate-level program suitable for students who wish to make a career in financial services, banking, accounting, and the insurance sector. The program offers flexibility and accessibility, making it ideal for working professionals or students with other commitments.

Yes, many universities in India offer online M.Com programs. These programs are accredited and recognized by the University Grants Commission (UGC) and the Association of Indian Universities (AIU), making them valid for employment and further education.

Correspondence mode is generally referred to as the distance mode of education, and institutions like Delhi University, Banaras Hindu University (BHU), Amity University, and Manipal Academy of Higher Education, among many other colleges, offer this course in distance mode.

Yes, online M.Com degrees are valid in India as long as the program is accredited by the UGC-DEB and AIU. The validity of the degree is not affected by the mode of delivery (online or on-campus).

This is entirely based on your area of interest, skillset, potential, and choice. Finance & Banking, Taxation, International Finance, Investment Banking are some of the popular choices among M.Com students.

The cost of an online M.Com program differs in every college, but generally, the total course fee is between ₹6,000 to ₹1,50,000.

Some of the most recognized institutions are Manipal University, Jain University, LPU, Chandigarh University, and Amity University.

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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