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

About the Distance M.Com in Accounting & Finance

Distance M.Com in Accounting and Finance is a two-year PG course in the area of commerce. It is a sophisticated degree of systematic take a look at this is centered on finance and accounting topics.

A fascinated candidate can follow this application after the successful final touch of B.Com, BBA, or BCA. However, a candidate desires to attain the desired percentage or grade to search for admission to their preferred college.

For admission, there are varieties of tactics to get enrolled with inside the Distance M.Com in Accounting and Finance program, merit/entrance based. Some universities enroll students based on merit scores, and some of them conduct the entrance exam for enrollment.

The course covers a huge variety of subjects associated with accounting, finance, and monetary strategies, which include monetary analysis, monetary planning, funding management, and taxation.

Distance M.Com in Accounting & Finance graduates possess specialized skills and knowledge in areas such as accounting, finance, business management, and economics. These skills are highly appreciated in the job market, and M.Com graduates are often considered for senior-level positions that come with higher salaries.

Course Highlights for Distance M.com in Accounting & Finance

Below are a few of the important highlights of the program:

Particular	Value
Course Name	Distance Master of Commerce in Accounting and Finance
Course Level	Postgraduate
Course Mode	Distance
Course Duration	2-3 year
Examination Type	Yearly/Semester based
Eligibility Criteria	Bachelor’s degree in any stream with a minimum of 50% from a recognized university
Admission Process	Entrance Exam and Merit Based
Entrance Exam	CAT, MAT, XAT, etc.
Age	No age limit
Average Annual Fees	INR 8,000-1,00,000
Average Annual Salary	INR 2,00,000-9,00,000
Job Profiles	Supervisor, Senior Accountant, Investment Analyst, Accounting Manager, Assistant Manager, etc.
Top Recruiters	HDFC Bank, Flipkart, ICICI Bank, Amazon, Jio, HCL, Airtel, etc.

Why study Distance M.Com in Accounting and Finance course?

There are many motives to take a look at accounting and finance at the master’s level. Distance M.Com in Accounting and Finance can result in a successful profession in some industries, such as banking, consulting, and investment.

(i). The skills learned in the Distance M.Com software can cause achievement in some of the specific roles. Many graduates cross directly to work as accountants or monetary analysts. Others discover achievement in roles including monetary making plans or funding banking.

(ii). Distance M.Com application from any identified University is one of the maximum complete and well-rounded applications available. It offers college students a strong basis in accounting and finance principles. The application additionally consists of some electives that permit college students to tailor their research to their precise interests.

(iii). Distance M.Com packages have long gone directly to successful careers in lots of industries. Many have determined positions in foremost accounting firms, at the same time as others have long gone directly to paintings in funding banking or economic planning. The competencies and expertise won with inside the application have additionally helped many graduates begin their personal businesses.

Course Comparison

Distance M.com in Accounting & Finance v/s M.com in Accounting & Finance

Listed beneath is the contrast between Distance M.com in Accounting & Finance and M.com in Accounting & Finance course:

Parameter	Distance M.com In A&F	M.com in A&F
Course Name	Distance Master of Commerce in Accounting and Finance	Master of Commerce in Accounting and Finance
Course Overview	Distance M.Com in Accounting and Finance is a two-year PG course in the area of commerce. It is a sophisticated degree of systematic take a look at this is centered on finance and accounting topics.	An M.Com in Accounting and Finance is a 2-year postgraduate degree in business. It typically takes two years to complete and focuses on financial and managerial topics. This degree prepares students for a career in any sector, including government and private enterprises.
Course Duration	2-3 year	2 year
Eligibility Criteria	Bachelor’s degree in any stream with a minimum of 50% from a recognized university	Bachelor's degree in the required stream with a minimum of 50% marks from a recognized university
Entrance Exam	CAT, MAT, XAT, etc.	AMU, DUET, JMI, etc.
Course Stream	Commerce	Commerce
Average Annual Fees	INR 8,000-1,00,000	INR 8,000-2,00,000
Average Annual Salary	INR 2,00,000-9,00,000	INR 2,00,000-15,00,000
Top Colleges	Allahabad University Distance Education, Chandigarh University Distance Education, SOL Delhi University, etc.	University of Delhi, The University of Calcutta, Motilal Nehru College, etc.

Read More: M.com in A&F

FAQs

(1). What is Distance M.com in Accounting & Finance course?

Ans. Distance M.Com in Accounting and Finance is a two-year PG course in the area of commerce. It is a sophisticated degree of systematic take a look at this is centered on finance and accounting topics.

(2). What is the eligibility criteria for Distance M.Com in Accounting and Finance (MFA)?

Ans. The eligibility standards for Distance M.Com in Accounting and Finance (MFA) typically include a bachelor's degree in Commerce or a related field with a minimum percentage of marks as specified by the institution.

(3). What is the average salary after Distance M.Com in Accounting & Finance?

Ans. The average salary of a fresher candidate will be approximately between INR 2,00,000-9,00,000 PA.

(4). Can a student pursue the management course after Distance M.Com?

Ans. Yes, a candidate can pursue a higher level of management courses after completing Distance M.Com. Some of the courses are the Executive Fellow Program in Management, MBA, PGDM, and PGPM.

(5). What is the average cost for the course?

Ans. The average cost for the course is INR 8,000-1,00,000.

(6). What are the subjects covered in Distance M.Com in Accounting and Finance?

Ans. The subjects covered in Distance M.Com in Accounting and Finance (MFA) program may include financial accounting, cost accounting, management accounting, financial management, income tax, auditing, and more.

(7). What is the position of a Business Analyst?

Ans. The Business Analyst analyzes the market, product lines, and overall profitability of the business. They analyze the problems and look for a suitable solution.

(8). Is it necessary to clear the entrance exam for Distance M.Com in Accounting & Finance course?

Ans. No, it is not necessary to appear in the entrance exam, as many colleges are taking admissions based on merit marks scored in graduation.

(9). How is MBA different from Distance M.Com in Accounting & Finance?

Ans. Simply, the MBA course MBA is a professional course that serves as a basis of practical knowledge in the field of marketing, finance, and sales. Whereas, Distance M.Com in Accounting & Finance is a study of theoretical applications in the field of accounting & Finance.

(10). Is pursuing Distance M.Com in Accounting & Finance a good career choice?

Ans. Yes, it is one of the most popular courses pursued by students of commerce and management. It provides a base in the field of commerce, accounting, and marketing. It further helps a candidate to find a reputed job with a good source of income.