Distance M.Com in Banking: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

About the Distance M.Com in Banking

Distance M.Com Banking is a two-year postgraduate course. It deals with the study and analysis of banking, finance, banking laws, and financial management. To prepare the students to exploit newly created opportunities in the accounting & banking field and to provide an adequate basic understanding of accounting, finance, banking & financial services. Further to provide adequate exposure in the operational environment of accounting & finance.

The candidate has to have an undergraduate diploma in any associated stream (ideally trade or economics) with no less than 50% as a primary eligibility criterion. Some colleges may require the candidates to write an entrance exam or attend group discussions or personal interviews.

Admission to Distance M.Com Banking is mostly provided based on merit while few universities offer admission based on scores secured in entrance exams like MGKVP, DUET, and CUCET.

IGNOU, Directorate of Distance Education, Shivaji University, BRAOU, etc. In a number of the faculties that provide M.Com Banking in distance education mode the average fees vary from INR 5,000-70,000.

For a graduate who Completed a Distance M.Com in Banking, Highly reputed job profiles are offered by top Banks, NBFCs, stock marketing agencies, and Business Schools, with an average salary that ranges between INR 3,00,000-9,00,000 per annum.  While many applicants pick Govt. Jobs, there may be an extensive style of possibilities to be had inside the financial and business establishments of Central and country governments.

Course Highlights for Distance M.Com in Banking

Given below are a few of the important highlights of the course:

Particular	Value
Course Name	Distance Master of Commerce in Banking Management
Course Level	Postgraduate
Course Mode	Distance
Course Duration	2-3 year
Examination Type	Semester based
Eligibility Criteria	B.Com or graduation (Hons) in Economics or Management with a minimum of 50% from a recognized university
Admission Process	Entrance/Merit-based
Entrance Exam	DUET, CUET, etc.
Age	No age limit
Average Annual Fees	INR 5,000-70,000
Average Annual Salary	INR 3,00,000-9,00,000
Job Profiles	Economic Services/ consultancies, Banking sectors, Credit Companies, etc.
Top Recruiters	Credit and Risk Manager, Business Analyst, Marketing Executive, etc.

Why study Distance M.Com in Banking course?

(1). Competitive Salary

Depending on the expertise, experience, and alertness skills, a candidate can get median month-to-month profits the variety of INR 3,00,000-9,00,000.Further Education: Candidates who've studied B.Com can attend the direction to boost their involvement and examine greater approximately the subject.

(2). Professional Knowledge

The path allows us to offer an expert knack for college students in regions including banking, finance, investments, and economy.

(3). Diverse Opportunities

This degree's success may give scholars the possibility to work beneath top-notch Banks, business schools, Economic Services, Mortgage Companies, Credit companies, Consultancies, Investments, Savings, and Loan institutions throughout any location in India. Candidates would possibly get possibilities from the numerous authorities in addition to non-public zone firms.

Course Comparison

Distance M.com in Banking v/s Distance M.Com in Marketing

Listed below is the contrast between Distance M.com in Banking and Distance M.com in Marketing course:

Parameter	Distance M.com in BM	Distance M.com in MM
Course Name	Distance Master of Commerce in Banking Management	Distance M.com in Marketing Management
Course Overview	Distance M.Com Banking is a 2-year postgraduate course. It deals with the study and analysis of banking, finance, banking laws, and financial management. To prepare the students to exploit newly created opportunities in the accounting & banking field and to provide an adequate basic understanding of accounting, finance, banking & financial services.	Distance M.Com in Marketing is a 2-year post-graduation course that is generally research-based and focuses on various aspects of marketing such as consumer behavior, functional areas of Marketing, Marketing Research, marketing management, etc.
Course Duration	2-3 year	2-3 year
Eligibility Criteria	B.Com or graduation (Hons) in Economics or Management with a minimum of 50% from a recognized university	Bachelor's degree in Commerce with Maths, Economics, or Accounts with a minimum of 50% marks from a recognized board
Entrance Exam	DUET, CUET, etc.	BHU UET, DU JAT, SET, etc.
Course Stream	Commerce	Commerce
Average Annual Fees	INR 5,000-70,000	INR 5,000-55,000
Average Annual Salary	INR 3,00,000-9,00,000	INR 5,60,000-6,80,000
Top Colleges	University of Mumbai, IGNOU, Annamalai University, etc.	LPU, IGNOU, Calicut University, etc.

Read More: Distance M.com in MM

FAQs

(1). What is a Distance M.Com in Banking course?

Ans. Distance M.Com Banking is a two-year postgraduate course. It offers with the have a look at and evaluation of banking, finance, banking laws, and economic management. To prepare the students to exploit newly created opportunities in the accounting & banking field and to provide an adequate basic understanding of accounting, finance, banking & financial services.

(2). Can I pursue a CPA (Certified Public Accountant) after graduating from Distance M.Com Banking?

Ans. You can continually look for a CPA. There isn't any age restriction for this course. Can be finished after M.Com or in parallel with M.Com. It takes as a minimum 3-five years to finish a CA course. Prior expertise in banking, accounting, and finance is a delivered gain for a profession in California.

(3). Can I end up a college lecturer after reading Distance M.Com Banking?

Ans. Yes, you may observe and write for the NET instructor examination administered via way of means of UGC. If you're qualified, you could train in trade at a university.

(4). What is the most earnings for Distance M.Com Banking graduates?

Ans. Starting salaries for Distance M.Com Banking graduates range from INR 3,00,000-9,00,000 per year.

(5). Which are the top recruiters for Banking graduates?

Ans. Top recruiters encompass HDFC Bank, Goldman Sachs, SBI, Punjab National Bank, Ernst & Young, Citibank and others.

(6). Is Distance M.Com higher than Distance MBA?

Ans. An MBA is an expert course that offers management. Meanwhile, M.Com allows graduates to discover extra jobs in finance and commerce.

(7). Is distance-gaining knowledge of M.Com Banking valid?

Ans. Yes, universities that provide M.Com Banking in distance learning programs are UGC-recognized and valid.

(8). Is Distance M.Com Banking sustainable?

Ans. Successful graduates of Distance M.Com Banking have several professional possibilities in countrywide and global companies. Graduates also can search for employment, maintain their studies, or pursue coaching jobs.

(9). Can I get a Ph. D. through distance getting to know after my M.Com?

Ans. Yes, in case your college is authorized with the aid of the Department of Distance Education and UGC, you may take M.Com's distance doctoral program.

(10). Is Distance M.Com banking difficult?

Ans. Distance M.Com banking isn't always that tough in case you are interested in numbers. Most of the papers address such things as monetary transactions and trade-associated law, so college students must work hard.