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

  • course years 2 Years
  • type of course Post Graduate
  • course stream Commerce
  • course type Distance
Written By universitykart team | Last Updated date Oct, 09, 2024

About the Course Distance M.com in International Finance

A distance postgraduate degree program lasting two years is the M.Com. in international finance. This two-year course is broken up into four semesters, each lasting six months. The curriculum for the international finance course aids the student in developing a solid understanding of the financial industry on a worldwide scale. This course educates students about financial ethics and principles in many nations throughout the world. Additionally, this program provides the student with excellent worldwide experience while opening up a variety of job possibilities in the global market.

International financial institutions can now access you through this distance M.Com program. Graduates of this program may contribute significantly to fields including insurance, international banking, investment banking, and economic consulting organizations, among others.

A specialized program called a Distance M.com in International Finance enables students to study remotely while pursuing a Master of Business Administration degree with an emphasis on international finance. People who are working professionals or those unable to attend typical on-campus sessions because of other responsibilities would particularly benefit from this kind of program.

The distance MCom (International Finance) curriculum aims to create professionals with specialized knowledge and applied worldwide capabilities in risk management, wealth management, and strategic financial management to meet the demands of business and academics today.

Overview of the Course Distance M.com in International Finance

The key highlights of the Course distance M.com in International Finance are given below:

Particulars Value
Name of the Course Distance M.Com in International Finance
Duration 2 years (full-time)
Level Postgraduate
Eligibility Criteria B.Com or equivalent degree in Commerce/Finance field
Admission Process Entrance exams or Merit-based
Age Limit Generally no specific age limit
Average Annual Fees 30,000 to 3,00,000
Average Annual Salary 4,00,000 to 10,0000
Job Roles International Finance Manager, Financial Analyst, Forex Analyst, Trade Analyst, Export-Import Manager, Risk Manager
Top Recruiters International Banks, Multinational Corporations, Export-Import Companies, Financial Consultancies

Why the Course Distance M.com in International Finance?

Students may learn about management, taxation, finance, leadership, accounting, and much more with this course. Aspirants would have several professional prospects with only this one course.

Numerous Job Possibilities: Nearly every firm has locations throughout several nations. As a result, the majority of them need employees with experience in international business to fill a variety of jobs that are constantly developing in response to company needs. There are several excellent employment options in India.

Flexibility: Distance learning gives you the ability to study from any location while still balancing other responsibilities like employment, family, and other commitments. It is great for people who are unable to enroll in conventional on-campus programs since you may choose your own learning goals and pace.

Pay and Benefits: For candidates with an international finance degree, several global firms provide competitive compensation. Some benefits include having all of your travel, lodging, and food costs covered by the organizations while you are there. Similar to this, this profile comes with several advantages and benefits.

International Reach: This course offers opportunities for exposure to other cultures or global business settings. Professionals will travel the world on business, interact with clients and customers from other countries, and establish connections with them based on the circumstances. This not only enhances career worth but also provides a rare chance to learn about and evaluate the business environments of different nations.

Eligibility Criteria for the Course Distance M.com in International Finance

One must meet the minimal qualifying requirements listed below in order to pursue the distance M.Com. in international finance:

1. You need a bachelor's degree in business to apply for the M.Com. in the International Finance program.
2. B.Com degrees must be obtained from institutions recognized by the UGC.
3. To be eligible to apply for this program, students must have received at least 50–55 percent of their grades during graduation.
4. You are urged to apply if you are already a working professional in this sector.

Admission Process for the Course Distance M.com in International Finance

1. Visit the college or institution to pick up a blank application form, or go there in person.
2. Read the form's instructions carefully.
3. Fill out all sections of the application form, including the personal, educational, communication, and statement sections.
4. Paste a current passport-size picture above the application.
5. Forms for applying for attestation and other required papers
6. Bind papers and a completed form
7. Message the admissions office and bring your paperwork.
8. Verify and pay for papers, then submit them.
9. As proof that the distance MCOM in international finance form was submitted, get the receipt.

Entrance Exams for the Course Distance M.com in International Finance

The accepted entrance exam for the course distance M.com in International Finance is listed below:

CAT MAT
XAT Cmat
GMAT SNAP

Skills Required for the Course Distance M.com in International Finance

To be successful in the program and flourish in the financial business, one must possess a variety of certain abilities and qualities. The following are some crucial abilities that will be useful in your journey:

1) Economic Analysis
2) Financial Reporting and Accounting
3) Knowledge of international business 
4) Quantitative abilities
5) Financial Risk Administration

Comparison

The course  distance M.com in International Finance is compared with another course Post graduate program in Foreign trade:

Name of the Course Distance M.Com in International Finance Post Graduate Programme in Foreign Trade
Overview of the Course A distance postgraduate degree program lasting two years is the M.Com. in international finance. This two-year course is broken up into four semesters, each lasting six months. The curriculum for the international finance course aids the student in developing a solid understanding of the financial industry on a worldwide scale. The Post Graduate Programme in Foreign Trade is a specialized program designed to bridge the knowledge gap between traditional education and the practical requirements of the foreign trade sector
Duration 2 years (full-time) Two-year, full-time
Level Postgraduate Post Graduate
Eligibility Criteria B.Com or equivalent degree in Commerce/Finance field Graduation (in any stream)
Admission Process Entrance exams or Merit-based Admission is based on academic record and performance in the entrance exam (in some cases)
Age Limit Generally no specific age limit No specific age limit
Average Annual Fees 30,000 to 3,00,000 INR 30,000 to 25,00,000 depending on the institute.
Average Annual Salary 4,00,000 to 10,0000 INR 3 to 15 Lacs
Job Roles International Finance Manager, Financial Analyst, Forex Analyst, Trade Analyst, Export-Import Manager, Risk Manager Business Analyst, Risk Analyst, International marketing manager, CEO, Director, Manager, Research Analyst
Top Recruiters International Banks, Multinational Corporations, Export-Import Companies, Financial Consultancies TCS, IBM, BANKS, Deloitte, Financial Firms, TATA, etc

Top Colleges and Fees Structure for the Course Distance M.com in International Finance

Below is a table with some top colleges offering the M.Com in International Finance in India along with their approximate fee structures:

College Name Approximate Fees (in INR)
Christ University 1,50,000 - 2,00,000
Delhi School of Economics (DSE) 10,000 - 20,000
St. Xavier's College 10,000 - 1,00,000
Symbiosis School of Economics (SSE) 1,00,000 - 1,50,000
Loyola College 10,000 - 50,000
Madras School of Economics 50,000 - 1,00,000
Amity University 1,00,000 - 1,50,000

Job Profiles for the Course Distance M.com in International Finance

Graduates of a Distance MBA in International Finance are well-prepared to thrive in handling the financial complexity of the global economy, whether they are seeking professional progression in multinational enterprises, financial institutions, or international consulting organizations. Below is the list of common job roles that can be pursued:

Job Roles Description
Analyst for Financial Planning For every operational, financial, and strategic decision-making, they offer analysis. All company forecasting is primarily under the supervision of a Financial Planning & Analysis (FP&A) specialist. For every operational, financial, and strategic decision-making, they offer analysis.
Banking Investment Analyst A member of an investment banking team, an analyst possesses knowledge in accounting, financial modelling, project financing, project valuation, and financial statement analysis.
Accounting auditor It is the job of a financial auditor to identify fraud and mistakes in business documentation. To ensure that a company's financial statements are accurate and compliant with generally accepted accounting rules, they execute accounting analysis.
Manager of Accounting and Finance The daily bookkeeping, accounts payable and receivable, payroll, help with end-of-month closure, grant reporting, audit preparation, and other related tasks will be the responsibility of the accounting and finance manager. The director of accounting and finance will be the associate's primary supervisor.

Employment Areas for the Course Distance M.com in International Finance

After completing their coursework, students who took a distance M.Com degree in international finance have the chance to be hired by prestigious recruiting firms. Some of the best employment agencies that can employ you are:

Citibank PricewaterhouseCoopers (PwC)
JPMorgan Chase KPMG
HSBC International Monetary Fund
Goldman Sachs World Bank
Morgan Stanley United Nations
Deloitte Export-Import Bank of India

Salary for the Course Distance M.com in International Finance

A high-paying position in the financial sector may be obtained by taking a distance learning M.comm in International financial course. It may provide prospects for people who are considering a career in finance as well as those who are currently in the sector but wish to improve their credentials and skill set. Salary for the Course Distance M.com in International Finance is given below:

Job Role Average Annual Salary (in INR)
International Finance Manager 6,00,000 - 12,00,000
Financial Analyst 3,00,000 - 7,00,000
Forex Analyst 4,00,000 - 8,00,000
Trade Analyst 3,50,000 - 7,50,000
Export-Import Manager 4,00,000 - 9,00,000
Risk Manager 5,00,000 - 10,00,000
Treasury Manager 6,50,000 - 12,00,000
Investment Banking Analyst 5,00,000 - 10,00,000
International Trade Consultant 4,00,000 - 8,00,000
Corporate Finance Manager 6,00,000 - 12,00,000

Scope for the Course Distance M.com in International Finance

To improve their understanding of the global economy and acquire a vital set of skills, more and more people are opting for a distance M.Com study in international finance. Students who enroll in this kind of program can study from any location in the globe, taking advantage of the convenience and flexibility that online courses provide. Students will receive a thorough introduction to international finance in this course, covering issues including currency exchange, global banking, financial markets, and more.

Professionals have the freedom to develop their grasp of finance from a global perspective while upholding their job responsibilities with a distance M.com in international finance. The programme is a great option for anyone looking to improve their job chances in the field of international finance due to its thorough curriculum, adaptable learning environment, and networking possibilities. Graduates of a Distance M.com in International Finance are well-prepared to thrive in handling the financial complexity of the global economy, whether they are seeking professional progression in multinational enterprises, financial institutions, or international consulting organizations.

We may thus draw the conclusion that a distance  M.Com course in international finance can be a beneficial addition to any student's skill set due to its broad variety of content and flexible structure.

Career for the Course Distance M.com in International Finance

For individuals wishing to advance their careers in this industry, this course provides a wide range of professional opportunities. For students interested in pursuing a career in finance, this program may provide a number of alternatives. Additionally, it equips students with the expertise required to function as an international financial consultant or advisor.
Following the completion of this course, you have the following job options:

1. Manager of Investment Banking; 
2. Manager of Foreign Exchange
3. Credit analyst, 
4. financial analyst, 
5. international financial consultant, etc.

Scope for Higher Studies After the Course Distance M.com in International Finance 

After completing an M.Com in International Finance, you can consider several options for higher studies to further enhance your qualifications and career prospects. Some of these options include pursuing a Ph.D. in Finance or related fields, enrolling in specialized certification programs like Chartered Financial Analyst (CFA) or Certified Treasury Professional (CTP), or pursuing an MBA with a focus on finance or international business. 

Skills that make you a good employee after the course Distance M.com in International Finance

1. Financial Analysis
2. Global Market Knowledge
3. Risk Management
4. International Trade Expertise
5. Financial Software Proficiency
6. Cross-Cultural Understanding

FAQS 

Q: What is a distance M.Com in International Finance?
A: A distance M.Com in International Finance is a postgraduate program that focuses on finance concepts with a global perspective, offering flexibility through online or remote learning.

Q: What is the duration of the course?
A: The duration of a distance M.Com in International Finance is typically 2 years, similar to the full-time counterpart.

Q: What are the eligibility criteria for admission?
A: Generally, a B.Com or equivalent degree in Commerce or a finance-related field is required for admission.

Q: How is the admission process conducted?
A: Admission can be based on entrance exams, merit, or a combination of both, depending on the university or institution offering the program.

Q: Is there an age limit for applying?
A: There's usually no specific age limit for applying to this course.

Q: What job roles can I expect after completing the course?
A: Graduates can pursue roles like International Finance Manager, Forex Analyst, Trade Analyst, and more in multinational companies, banks, and financial institutions.

Q: Can I work while pursuing this course?
A: Yes, the flexibility of distance learning allows you to work while studying.

Q: What skills will I develop during the program?
A: Skills include financial analysis, global market understanding, risk management, data interpretation, and strategic decision-making.

Q: Can I pursue higher studies after completing this course?
A: Yes, you can explore options like a Ph.D. in Finance or specialized certifications like CFA.

Q: How will this degree benefit my career?
A: An M.Com in International Finance can lead to better job prospects, higher earning potential, and the ability to handle financial operations on a global scale.

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