MCom in Banking Distance Education: Master of Commerce is a postgraduate degree with a specialisation in banking. It is a 2 year long degree in correspondence education. Master of Commerce in banking is a programme that teaches you about banking, finance, accounting and time management. Students who have an interest in accounts and finance can go for this course for a deep understanding.

Distance MCom Banking course is offered for the duration of 2 years with a semester system after NEP. The course duration is still the same, the changes that come in is that the course is divided into 4 semesters to make it easier for the students. The average annual fee for this course is INR 12,300 to 65,500 for Indian students. The admission process is ongoing in some universities and the deadline for them is 30 June 2025. Candidates are advised to read the full article before applying or filling out any form. 

Universities that are offering this course in distance mode of learning are IGNOU, Acharya Nagarjuna University, Subharti University, Mangalayatan University and many more. After the completion of this course, students can pursue a career in the banking field and apart from that they will have options like Investment banker, Credit manager, Risk manager, Financial analyst, Investment banker, Fund manager, Loan counsellor etc.

MCom in Banking Distance Education Course Datails

After the NEP 2020, MCom is divided into 2 to 4 semesters and it becomes easier for students to understand this course or clarify it with good remarks. This course has subjects like business environment, human resource management, business statistics, marketing management, international banking, financial reporting, banking and technology, bank management etc. These are the topics that you are going to study in this programme and they are going to be delivered at an advanced level.

This course can be done by students who have a bachelor’s degree in commerce or have a background in mathematics. Graduate students who have a deep interest in mathematics can go for this course and can make their career in finance or banking. Students who belong to rural areas can also go for this course in ODL mode to make their future brighter and better by earning a high package of salary. This course can offer them multiple job opportunities in the banking sector around their areas as well.

There are many golden job opportunities available in banking field. Master’s students can go in private or public sectors after the completion of MCom degree. The job roles are Bank Manager, Investment Manager, Financial Anylst, Compliance Officer, Back-office Executive, Office Assistant ans so on.

Eligibility Criteria for ODL MCom Banking

The eligibility requirement for a Master of Commerce in Banking varies on different parameters. It is determined by the universities according to NEP and UGC guidelines. The basic eligibility criteria for MCOM this course is given here that you can follow to check your eligibility: 

• Bachelor’s degree with 45-50% marks from a recognised university. 
• Apart from that, having a BCom or BBM degree with a commerce background. 
• There is no age limit to pursue this course in ODL mode.

MCom in Banking Distance Education Fees

The fee structure for a Master of Commerce is not the same in each university. In India, there are many private and government universities and the fee structure also differs based on that. The total fee for this course is around INR 24,300 to 1,31,000 (average) in universities. The common features of a fee structure are registration fee, examination fee, course fee and tuition fee. The Detailed information related to the MCom programme fee structure is given below:

• Acharya Nagarjuna University is offering this programme for INR 15,000 in the ODL mode of learning. 
• This Course at Subharti University is around INR 16,000 for Indian students. 
• The Master of Commerce banking course fee is INR 1 lakh in Amity University for 2 years.

Distance MCom in Banking Admission 2025

The admission procedure in universities differs for the MCom banking programme. Some universities give admission in two sessions: January and July, and Some universities conduct the admission process in only one session in a year. The universities that open their admission portal for two sessions are given here with important details. Please have a look before it is too late for the admissions:

• The tentative last date at Acharya Nagarjuna Unversity is 30 June 2025 for admissions. 
• Subhati University is taking applications for the MCom course and the last date for it is 29th June 25. 
• IGNOU admission process is ongoing and the last date for July session is 30th June 2025.

Top Colleges For MCom Banking Distance Education in India

Universities that offer Mater Of Commerce in correspondence mode can be found in two sectors, Public and Private. 15+ well-renowned universities are offering MCom course with this specialization. A few of them are given here so that a candidate can compare and select the best college for them. The universities are:

Private Universities: Some of the top private oriented universities that are offering this course in distance mode are:

1. Subharti University MCom in Banking Distance Education

Master of Commerce is a min of 2-year degree in Subharti University. It is a general Mcom programme and it includes courses related to banking, finance and accounting. The fee for this programme is around INR 16,000 and the basic eligibility criteria is to have a bachelor’s degree from a recognised University. This course can open the doors in multiple fields like banking, finance, accounting, investment offer, counselling and so on. Interested candidates can be admitted to this course as soon as possible. Because the last date for this course is 29th June 25 AY.

Read About: SVSU DDE

2. Amity University ODL MCom Banking

Amity University is one of the most well-known universities in India. It is accredited by UK or USA associations as well. The university has been offering an MCom in banking for 2 years of duration. This course can be done by students who have a 3 to 4-year graduation degree in finance domain. The total fee per semester is INR 30,000 and the University offers MCom courses in finance that include courses like finance, banking and accounts. After this course, students can make their career in the banking sector with high-paying job opportunities.

Read About: Amity Univesity Distance Education

Government Universities: The top government-oriented universities are given below with informative details:

1. Distance MCom in Banking Acharya Nagarjuna University

It is a public and prestigious university in India. Achara Nagarjuna University is offering this course for 2 years of duration. This course is open to students who have a BCom or BBM from a recognised university. The fee for this course is about INR 15,000 for open and distance modes of learning. The application process for MCom in the banking programme is ongoing at ANU. It is advised to the students to visit the official portal for more details about the course, fee, admission process, documents, faculty or something else.

Read About: ANU Distance Education

2. IGNOU MCom in Banking

Indira Gandhi National Open University is offering an MCom programme in banking and finance. It is a 2-year degree programme and is extended to 4 years by the students. To pursue this course a candidate should have a 3-year graduation degree with 45-50% marks from a recognised university. The fee for this programme for the 1st, 2nd and 4th semesters is INR 15,500 and for the 3rd semester, it is INR 17,500. Candidates can visit the official portal of IGNOU to get detailed information related to courses, examinations and fee structure.

Career Opportunities After MCom in Banking Distance Education

Master’s students from banking and finance backgrounds will have ample work and further study opportunities. They can start working as professionals in different job roles. Like; Banker, Finance Manager, Accountant, Assistant Officer, Auditor, Loan advisor, Investment Counsellor, Executive etc. These job roles are available in both private and government sectors.

These job roles can offer you a handsome salary in a reputed company. A candidate can work abroad as well after completing this degree and can gain experience in international businesses. The information related to the pay role as a fresher or experienced is given here:

MCom Banking Job Profiles	Salary Package for freshers	Salary Package for Experienced
Banker	3 – 8 LPA	30 – 80 LPA
Accountant	2 – 5 LPA	25 – 50 LPA
Financial Advisor	2 – 6 LPA	8 – 25 LPA
Executive Assistant	2 – 5 LPA	15 – 30 LPA
Sales Officer	2 – 5 LPA	6 – 10 LPA

To get selected in government banks, candidates have to give some exams like IBPS PO, IBPS Clerk and SBI PO etc. Scholars who are interested and thinking about further studies can do a PhD degree in the same or related domain. There are multiple certificate courses available that can be done to enhance the skill-set in limit time. The course are CAIIB and CBP for students who are interested in doing a certificate course. 

FAQs Related To Distance MCom in Banking

Ques. Who is eligible for ODL M.Com in banking?

Ans. Graduate students who have a bachelor’s degree in banking/commerce/finance are eligible for MCom in banking and finance.

Ques. Can I get a bank job after MCom in Banking Distance Education?

Ans. Yes, MCom in banking or finance degree can be beneficial in getting a job in banking sector.

Ques. What is the scope of distance MCom banking degree?

Ans. A candidate can work as a professional banker, financial advisor, assistance, sales officer in private or public institutions after the completion of Mcom degree in banking and finance.