Top 5 Specializations of Online Mcom Program

10 Sep

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Top 5 Specializations of Online Mcom Program

Online Master of Commerce is a two-year postgraduate program mostly chosen by candidates looking to gain skills in the sphere of commerce. This online master's program is designed to cover everything including accounting, marketing, human resource management, taxation, finance, foreign trade, computer application, and international business. This course offers training from industry experts and highly qualified professionals in various specializations whose key domains are mainly advertising and marketing, banking, e-commerce, business management, finance, IT, taxation, and human assets. 

 

Several apex statutory bodies like AICTE, NIRF, UGC, and NAAC have approved to offer of authentic and valid degree programs from accredited universities globally. This course is designed with a comprehensive detailed curriculum of commerce that is tailored to upgrade the candidates regarding the current market need and business trends. 

 

The main purpose of this blog is to provide comprehensive and authentic information on the topics of Online MCom specialization programs. Read the full blog to learn more about its eligibility criteria, fee structure, career scope, curriculum, and more.

 

Course Overview: MCom Online Program

Attributes

Key Features

Course name

Master of Commerce (MCom)

Course Level 

Postgraduate level

Course Duration 

2 years (4 Semesters)

Recognition and Approvals

AICTE, UGC, NAAC, NIRF, DEB, WES

Average Course fees 

INR 1,00,000* to INR 5,00,000*

Eligibility criteria 

Graduate with a UG degree in commerce or any discipline with 50% marks minimum from a UGC-approved university

Entrance exams 

MAH CET, URAT PG, AP PGCET, CPGET, PUCET, DUET, KIITEE

Mode Of Education 

Online

Top MCom Specializations 

Online MCom in Computer Applications

Online MCom in International Business

Online MCom in Foreign Trade Management 

Online MCom in Economics

Online MCom in Financial and Accounting

Online MCom in Marketing

Online MCom in Statics

Online MCom in Human Resource Management

Online MCom in Banking and Insurance

Online MCom in E-Commerce

Online MCom in Mathematics

Online MCom in Statics

Average Salary

INR 3,45,000* to INR 22,00,000*

Top 5 Online MCom Specialization Programs in Demand

  1. Online MCom in Taxation

Online Master of Commerce in Taxation specialization develops skills in solving taxation-related problems, tax literature, and analytics reviews on taxes. This postgraduate program spans two years and is divided into four semesters delivering national and international knowledge of accounting, finance, and taxation.  The candidates must hold a bachelor of commerce degree or UG degree in any stream with a minimum of 45% to 50% from a recognized university to enroll in this master’s program. The Online MCom in Taxation trains students with the skills to offer tax advice to corporations or businesses.  

 

Key Courses:

  • Tax payment liabilities in certain cases
  • Gross Total Income Computation
  • Wealth Tax Act
  • Special Features of Indirect Tax
  • Law of Direct Taxes and Practices
  • Interest and Refrun of excess payment 
  • Assessment Demand, Recovery, and Refund

 

Career Scope:

  • Tax Examiner
  • Tax Collector
  • Revenue Agent
  • Audit Manager
  • Chief Financial Examiner
  • Financial Advisor
  • Tax Analyst
  • Employment Tax Specialist
  • Personal Finance Consultant

 

  1. Online MCom in Human Resource Management

Human Resource Management of MCom is another sought-after online master’s program for graduates who play a major role in managing the work culture and corporate employee relationships. They are considered the most essential asset of a company which makes the specialization most trending to opt for in the field of commerce. Online MCom in Human Resource Management is an accredited online program from statutory bodies like UGC, AICTE, NIRF, and NAAC that offer credible degrees globally. 

 

Career Scope:

  • HR Manager
  • HR Recruiter
  • Office Manager
  • HRD Executive
  • Client Relationship Manager
  • Training and Development Manager
  • Talent Acquisition Specialist 
  • Deputy Manager

 

  1. Online MCom in Marketing 

Online Master of Commerce in Marketing delves deeper into market research, consumer behavior,  marketing management, and marketing strategies. This master's program builds advanced skills in the domain of marketing with the practical and theoretical knowledge of the current trending skills and relevant career competency in the commercial sectors. This MCom in Marketing Management program concentrates on tactics and techniques to encourage products and services. This course equips the candidate with the skills of planning, promoting, and pricing the goods and services in the market. 

 

Key Courses:

  • Cost Accounting
  • Introduction to Taxation
  • Business Communication Skills
  • Advance Financial Management
  • Marketing Management
  • Consumer Behavior
  • Advertising and Brand Management
  • Strategic Management
  • Entrepreneurship and Small Business Development

 

Career Scope:

  • Marketing Operations Specialist
  • Public Relations Manager
  • Management Associate 
  • Business Manager
  • Communications Manager
  • Marketing Operations Specialist
  • Management Associate

 

  1. Online MCom in Foreign Trade Management

Online MCom in Foreign Trade Management is a popular postgraduate program available at top UGC accredited educational institutions. This two-year program advances the skills and knowledge of the bachelor’s from a similar or relevant discipline in the domains of international business and the current marketplace. This program opens job opportunities in the international market to solve the intricacies of business and economic issues abroad.  The Foreign Trade Management specialization of MCom is a lucrative job option that offers you job roles in high-paying fields like international banks, export companies, ports & harbors, and more.   

 

Key Courses:

  • Indian Foreign Trade Policy
  • International Business
  • International Trade Laws
  • Global Marketing
  • Export and Import Policies
  • Income Tax Law
  • Accounting Management
  • International Trade Relations
  • Foreign Exchange Management

 

Career Scope:

  • Auditor
  • Market Analyst
  • Equity Research Analyst 
  • Investment Banker
  • Accountant
  • Personal Consultant 
  • Business Analyst
  • Marketing Manager
  • Personal Consultant 
  • Finance Analyst
  • Budget Analyst 

 

  1. Online MCom in International Business

Candidates who have a keen interest in making a career in international issues and relations can pursue their master's in convenient mode from Online MCom in International Business. The Online program with an International Business specialization is meticulously designed to equip the candidates with the skills of international business strategies teaching the tactics of promoting products and services. Anyone with a UG degree in commerce or any relevant discipline from a recognized university with a minimum of 45-50% can apply for MCom in International Business. 

 

Key Courses:

  • Financial Accounting
  • Corporate Accounting
  • International Business Environment 
  • Advanced Managerial Accounting
  • International Trade & Business
  • E-Commerce Governance
  • Direct Taxes
  • Foreign Exchange & Risk Management
  • Overseas Project Management
  • International Economics

 

Career Scope:

  • Accountant 
  • Operations Manager
  • Financial Analyst
  • Corporate Analyst
  • Company Law Assistant
  • Account Executive
  • Business Development Specialist
  • Risk Analyst
  • International Business Consultant
  • Policy Advisor
FAQs

Frequently Asked Questions

The Online specialization programs of MCom that are most sought after in India are Online MCom in Computer Applications, International Business, Foreign Trade Management, Economics, Financial and Accounting, Marketing, statistics, Human Resource Management, Banking and Insurance, E-Commerce, Mathematics, and Statics.

The career options one can pick after completing their master’s degree in Commerce are Business Consultant, Finance Analyst, Accountant, Executive Assistant, Corporate Analyst, Stock Broker, HRD Executive, Finance Manager, Operation Manager, Public Relations Manager, Corporate Banker, Auditor, Investment Banker, and Business Analyst.

The top UGC-recognized Educational institutes that offer MCom with several specializations to choose from are Annamalai University, Jain University Online, Punjab University, University of Lucknow, Amity University Online, Hansraj College, Maharishi University, Banaras Hindu University, Aligarh Muslim University, Sharda School of Business Studies, and more.