MCom in Financial Management Distance Education: Bachelor’s students who want to do further studies in commerce or finance can go for an MCom degree. Master of Commerce is a specialised degree in finance management. Finance Management is a great degree to pursue for those who have an interest in mathematics and want to delve more into it.

Distance MCom degree includes segments related to finance and investment management, understanding financial decisions, advanced financial accounting and managerial economics. After NEP 2020, the MCom programme is divided into 4 semesters to make it easier for students to understand the pattern and concepts of the course.

Correspondence Mcom in finance management course is for 2 years of duration. This course can be done by the students who have a bachelor’s degree or its equivalent from a recognised university. MCom course average fee structure is around INR 10,000 to 60,000 per annum. The admission process is open for MCom programmes and the last date is 30 June 2025 for 25-26 AY.

This course is offered by many universities for correspondence learning. The universities are IGNOU, Amity University, DU SOL, Bharathidasan University, Subharti University and many others. A master’s in financial management can give you massive job opportunities in the public and private sectors. This job could be a financial analyst, financial advisor or manager, accounting manager, business leader, CFO, CIO or investment director.

Want to know more about your future choice in detail? Your quarries have been solved here in a comprehensive way!

MCom in Financial Management Distance Education Course Details

MCom in financial management is a specialised degree to offer expertise in this field. The segments of this course revolve around finance, management and accounting. It includes courses such as advanced financial accounting, statistics management, risk management, financial reporting and decision making, treasury management, professional ethics etc. Apart from this, universities provide internships and dissertation projects for a better understanding of this course.

It is the best course for those who have an interest in mathematics or statistics. MCom financial management in ODL mode is a great choice for part-time or full-time working professionals. This course can offer you expertise in this field and after that, a student can get a hike in their professional career.

Distance education mode of learning provides candidates with expert faculties in affordable and budget-friendly education. Through odl MCom Financial Management course, an interested candidate can fulfill all their commitments whether they are professional or personal. Information related to eligibility criteria, admission process, fee structure and many more are discussed in this article shortly and crisply.

Eligibility Criteria for Distance MCom Financial Management

The eligibility criteria for MCom financial management are different in universities. Universities decide the qualification and percentage bar for students for the admission process. That qualification is determined by the UGC guidelines. The common education qualifications required are given here:

• Graduation degree in commerce from a recognised university.
• Having a bachelor’s degree in finance, bank management or computer application.
• General category students should secure 50% marks at graduation level.
• 45% marks need to be secured by the reserved category in the bachelor’s degree.
• There is no age limit for admissions to MCom programmes according to UGC guidelines.

MCom in Financial Management Distance Education Fees

The fee structure for MCom Financial Management is decided by the colleges and their guidelines. There is a high gap between private or public fee structure and quality of education as well. But comparative and informative data on some of the top universities is given here:

• Amity University is providing this course at INR 30,000 per semester.
• The per year fee is INR 16,000 of Subharti University for MCom programme.
• The full programme course fee is INR 8,000 at Bharathidasan University.
• IGNOU MCom programme fee is INR 8,400 for a year.

Distance MCom in Financial Management Admission 2025

Admission procedure is ongoing in some universities and the deadline for that is 30 June 2025. Universities take admissions on a direct basis without CUET. That makes the admission process easy to select for students. Important dates related to the admission process are given below:

• IGNOU is going to open the admission process on 30th May for the July session. 
• The admissions at Subharti University will end on 29th June 2025. 
• Amity University admission procedure ends on 30 June.
• 25th June is the last date for the admissions at Bharathidasan University. 
• These universities take admissions without any entrance examination.

Best Universities For ODL MCom Financial Management in India 

Well-renowned and famous colleges for Distance MCom financial management are IGNOU, Subharti University, Amity University and many more. These universities can be differentiated into public and private. Public Universities are fully government-funded and Private universities are non-government-funded universities. Both universities offer world-class education to their students in ODL mode. Detailed information related to the course, eligibility criteria and admission process are given here:

Private Universities: The top 2 private universities for MCom (Master of Commerce) with a specialisation in financial management are given here:

Amity University ODL MCom in Financial Management

Amity University is a global university and it provides MCom degree with international faculty. Master of Commerce is a 2-year degree with a specialisation in financial management. This degree is for the students who have a bachelor’s degree in financial background. The total programme fee is INR 30,000 per year and the EMI is around INR 5,000. Interested candidates should visit the official portal for more details. 

Read About: Amity University Distance Education

Subharti University MCom in Financial Management Distance Education

Subharti University is a well-recognised and reputed private university. This university is offering an MCom programme for 2 years with new structures according to NEP. It has a 4 semester system and the total fee for this course is INR 16,000 per year. The basic eligibility criteria for this course is having a graduation degree from a recognised university. Applicants can go through the online window of the university for more information. 

Learn About: Subharti University (SVSU DDE)

Public University: The top 2 government funded universities for MCom programme are given here:

Correspodence MCom Financial Management Bharathidasan University

MCom in financial management is delivered in English medium by Bharathidasan University. It is a 2-year programme and extended to 4 years. This course is given to students who have completed their graduation degree in commerce/bank management or computer application from a recognised university. The course fee is about INR 5,000 to 8,000 per annum. Students, please visit the official portal for more details related to the course, admission process and fee structure. 

Read About: Bharathidasan University Distance Education

IGNOU MCom in Financial Management

MCom in finance and taxation is a specialised degree in IGNOU. This course is offered for the duration of 2 years and extended to 4 years. This course is affiliated with the School of Management Studies in English language. Graduated students from a recognised university are eligible to enrol in this course. The minimum fee for this course is INR 8,400 per annum and the registration fee is INR 850 (one-time investment). Please visit the official portal of ignou for online and distance courses.

Career Opportunities MCom in Financial Management Distance Education

After the completion of MCom in Financial Management, multiple doors will open in the finance sector. Students can work as professionals or experienced people in job roles like; financial analysts, junior auditors, accountant managers, financial consultants, chief financial officers, investment directors and so on. These job profiles can give you handsome salary packages, related data is given below:

Job Profiles	Salary Package for freshers	Salary Package for Experienced
Investment director	20 – 30 LPA	50 – 80 LPA
Financial consultant	2 – 7 LPA	10 – 20 LPA
CIO	30 – 50 LPA	50 – 80 LPA

Many national and international companies provide job opportunities to students who are from finance background. The companies and organisations are HDFC, SBI, Axis bank or can work in government organisations as well.

FAQs About Distance MCom in Financial Management

Ques. Who is eligible for ODL MCom financial management?

Ans. Graduated students in commerce or its equivalent from a recognised university are eligible for MCom financial management.

Ques. Can MCom in financial management be done in one year?

Ans. No, it is a 2-year programme by UGC guidelines and it is invalid to do MCom degree in one year.

Ques. Can I do MCom financial management without BCom?

Ans. Yes, if you have a bachelor’s degree in banking management, computer application or any stream related to finance then you are eligible for MCom degree in financial management.