MCom in Finance Distance Education: Students or working professionals who are looking for a master’s degree in finance or accounting can opt for an MCom in the finance program. It is a postgraduate degree in distance education mode of learning. This course is related to accounting, finance and banking which is beneficial for students who have a good command of mathematics. It is an advanced level of degree in finance that gives you a holistic knowledge of finance.

Candidates can do this course in ODL mode while doing a job in the same field. By doing that, a master’s student can get a real-time experience in the finance job market. Before further proceeding, a candidate must know about the programme and career opportunities.

The Master of Commerce in Finance is a 2 year long course in correspondence. This course is offered to those students who have a bachelor’s degree in commerce from a recognised university. Average fee for this programme is INR 9,600 to 60,000 per year. Many universities are offing this course in distance education. 

The universities are IGNOU, DU SOL, Tamil Nadu Open University, Amity University, Subharti University Mangalayatan University etc. Finance is a vast subject to study and there are multiple career opportunities here to continue. The job sectors are financing, accounting, billing, management, banking, analysis investment banking etc.

Don’t need to bother about fees, course details or universities..all the answers related to your queries are given in this article. So, just read the full article and be ready for the admission process to your favourite university!

MCom in Finance Distance Education Course Details

Master of Commerce in finance is offered by multiple universities in distance education mode. It is the most demanding course in the job market as well. This course is designed according to NEP and It is a 2 year PG programme with 4 semesters. Now, universities give relaxation by extending this programme for 4 years to the students. It is a specialised degree in finance and students will get an advanced level of knowledge from this degree. It is a great opportunity for students who have completed their graduation and want to study more about finance or want to make their career in finance.

Many students from remote areas or professionals are opting for degrees in online distance mode after the evolution of digital media. E-learning is the most suitable and flexible mode of learning for the upcoming generations. MCom finance in distance mode can help you manage time, study and other commitments all things together.

It is going to be the most enjoyable learning phase of your life because while studying finance, you can do an internship in the same field to get the experience. Those 2 years are going to be the most beneficial in building a strong resume for your future perspective.

Eligibility Criteria For Distance MCom Finance

Universities are determined by eligibility criteria for MCom finance as per the NEP guideline and UGC. Some common requirements asked by the universities are marks, study background, age limitation etc. Details related to these features are given below:

• Having a bachelor’s degree from a recognised university.
• Universities asked for a commerce or finance background as well. 
• 50% marks are required for an unreserved category at graduation level.
• 45% marks needed to be secured by the reserved categories at the graduation level. 
• There is no age bar for admissions to the MCom finance programme.

MCom in Finance Distance Education Fees

Colleges decide on fee structure and it varies in private and public universities. The average fee is INR 19,200 to 1,20,000 in Govt & private colleges for MCom in finance programme. Detailed information related to the fee structure of different universities is here:

• IGNOU is offering this course at INR 8,000 approx. Per year. 
• Amity University is providing this course at INR 60,000 per year. 
• The fee amount at Kerala University is INR 10,000 approx per year.

MCom in Finance Distance Education Admission 2025

January and July are the two sessions in which universities open their admission process in a year. The admission process for the July session in MCom finance is ongoing and the last date for this session is 30 June in some universities. Detailed information about admission dates and colleges is given below:

• The last date at Amity University is 30 June 25 for distance education courses.
• IGNOU is going to open its admission portal on 30th May (expected date) for the July session. 
• The tentative last date is 29th June at Subharti University for distance MCom courses.

Top Colleges For Distance MCom Finance In India

Multiple top universities are offering a Master of Commerce in distance education mode. These universities are recognised by UGC-DEB, AICTE or NAAC. University Grants Commission gives permission and recognition to the universities to offer any degree or course. Here, a detailed comparison with relevant information is given:

Private University: Universities for MCom programme in ODL mode are here with course, eligibility and fee details in private universities:

1. Amity University Distance MCom in Finance

It is a well-renowned and global university in India. This university offers courses in distance education for Commerce students. Master of Commerce is a 2 year course and the total fee for this program is around 30,000 per semester at Amity University. The university is providing this course to graduate students from a recognised university. It is not a specialised course in finance but this course can open multiple job opportunities in commerce, finance, accounting and banking fields. Before enrolling in this course, it is advised to students to visit the official website for more detailed information about the university or course.

Learn About: Amity University Distance Education

2. ODL MCom Finance At Mangalayatan University

Mangalayatan University provides an MCom (general) degree that includes courses related to finance, banking, management and accounting. After pursuing this course, a candidate can work in different sectors. It is an advanced level course in distance education mode of learning. Graduate students from a recognised university are eligible to opt for this course. The course is offered for 2 years of duration at INR 15,000 fee for a year. Interested candidates can visit the official portal for more such details.

Learn About: Mangalayatan University Distance

Public University: Many public or government universities are giving MCom degrees in finance in ODL mode. The top universities are:

1. Correspondence MCom Finance At Kerala Univesity

Kerala University is a well-renowned, NAAC A++ grade university. Master of Commerce is a 2-year PG degree programme at Kerala University. The total fee for this course is around INR 10,000 and the eligibility criteria for this course is to have a BCom/BBA/BBM from a recognised university. It is a specialised course in finance. Interested candidates can visit the online portal for more information about the course, fee or admission process.

Learn About: Kerala University DDE (IDEKU)

2. IGNOU MCom in Finance

IGNOU is a central government-oriented university in India. Master of Commerce (Finance and Taxation) is a min. Of 2 years and max. Of a 4-year postgraduate programme. This course can be done by the students who have completed their graduation from a recognised university. The total fee for this course is INR 8,000 (approx.) and INR 850 is a registration fee. Apart from that there is an examination fee that is determined by the university at the time of the exam from submission. Candidates who want to enrol in this course can visit the official portal of IGNOU for distance courses.

Career Opportunities MCom in Finance Distance Education

Master Students can work in different job roles in multiple sectors such as Financial Analyst, Investment Advisor, Risk Manager, Business Consultant, Corporate Accountant, Financial Planner etc. These are the job roles that can pay you off around 5 – 10 LPA as a fresher. A detailed table related to checking for freshers and experienced people is given here:

MCom Finance Job Profiles	Salary Package for freshers	Salary Package for Experienced
Business consultant	6 – 8 LPA	10 – 30 LPA
Accountant	4 – 8 LPA	10 – 40 LPA
Financial planner	2 – 5 LPA	10 – 14 LPA
Risk manager	5 – 10 LPA	15 – 30 LPA
Investment advisor	1 – 7 LPA	5 – 15 LPA

Students who are planning to do further studies in finance or related field can go for professional certificate based course like CMA, CFP or FRM etc. There are multiple job opportunities options are in government and private sectors. 

FAQs About Distance MCom in Finance

Ques. Which course is best after MCom finance?

Ans. There are multiple certificate courses that can be done after MCom finance. They are CMA, CFA FRM etc.

Ques. Is Distance MCom finance a good degree?

Ans. Yes, it is a great degree option in finance. After competing this course a candidate can make their career in finance, accounting and management.

Ques. Can I do PhD in finance after MCom in Finance Distance Education?

Ans. Yes, you can do a PhD in finance after the competition of MCom degree.