Top 5 Online/ Distance MCom Colleges in Mumbai 2024

Top 5 Online/ Distance MCom Colleges in Mumbai 2024

Top 5 Online/ Distance MCom Colleges in Mumbai 2024,Jun 06, 2024

Online MCom

Jun 06, 2024

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Choosing the proper university/ college for higher education is vital, especially for fresh graduates and working professionals aiming to enhance their careers with a Master of Commerce (M.Com) degree with an Online/ Distance mode of learning. Mumbai is globally renowned for Bollywood and is the economic capital city of the country. Mumbai is home to more than 144 universities/ colleges and has become a beacon of higher education. Out of them approximately 70 universities/ colleges offer MCom programs in different specializations through online and distance modes of learning. The Online or Distance Mode of learning enables candidates to learn programs at their own pace or convenience from the comfort of their homes irrespective of their geographical locations. 

This comprehensive guide aims to highlight the top five universities or colleges offering Master of Commerce (MCom) programs in different specializations in Mumbai for 2024, all of which might be AICTE, UGC, and DEB-approved, ensuring high-quality education. These universities/ colleges are also approved by NAAC with A, A+, and A++ grades, demonstrate their commitment to global standard higher education, and are ranked by NIRF among the top 100 universities nationwide. Whether learners are recent graduates trying to deepen their knowledge or working professionals seeking to enhance their careers in their respective fields.

Top 5 Online MCom Universities/ Colleges in Mumbai

  1. D.Y. Patil University Online: D.Y.Patil University is situated in the Navi Mumbai region of Mumbai, India in the year 2002. The university is one of the renowned universities of India spearheading higher education with its online and distance courses to every corner of the world. The university is situated in the state of Maharashtra. It offers Master of Commerce (M.Com) programs in different specializations with online and distance learning modes, enabling students and working professionals to excel in their respective domains with a specialized online MCom degree that matches global standards. Extreme accreditation bodies such as AICTE, UGC, DEB, NAAC(A+), and the Government of India have approved the Online and Distance MBA courses proving the authenticity and credibility of the program and validating it globally.

University Name

D.Y. Patil University Online

Course 

Master of Commerce (MCom)

Course Level

Post Graduate

Recognizations and Approvals

AICTE, NAAC(A+), UGC, DEB

NIRF Ranking

46

Term

4 Semester (2 Years)

Learning Mode

Online

Specializations

  • Finance and Accounting
  • International Finance
  • Strategic Finance

Eligibility

  • Undergraduate in commerce or equivalent discipline from any recognized board of education
  • Candidates should have secured at least 50% - 60% aggregate marks.
  • Working professionals should have gained a considerable amount of working experience. 

Fee Structure

  • INR 20,000/ Semester* 

Career prospects

  • Accountant
  • Auditor
  • Consultant
  • Cost and Work accountant (CWA)
  • Company Secretary ( CS)
  • Business analyst
  • Tax accountant, and More.

Average CTC

INR 6,00,000 to INR 8,00,000.

Know More

To learn more about the online/distance courses from D.Y. Patil University, please visit D.Y. Patil University Online

 

  1. H.R. College of Commerce and Economics: H.R. College of Commerce and Economics, now a lead and constituent university beneath Hyderabad (Sind) National Collegiate University (HSNCU), Mumbai, offers an exceptional online and distance Master of Commerce (M.Com) program. Established under Section 3(6) of the Maharashtra Public Universities Act, 2016, and recognized through the Government of Maharashtra in 2019, this group stands as a beacon of educational excellence. The M.Com program at H.R. College is AICTE, UGC, and DEB authorized, ensuring the best standards of education. Since its inception in 1960, the university has been affiliated with the University of Mumbai and has been granted an A grade as per NAAC. These achievements led the Maharashtra government and RUSA to recommend the established order of HSNCU, with H.R. College as the lead college, alongside Kishinchand Chellaram College and Bombay Teachers’ Training College. Offering a comprehensive curriculum designed for both fresh graduates and working professionals, H.R. College's M.Com program is a super mixture of pliability and educational rigor, ideal for the ones looking to boost their careers.

University Name

H.R. College of Commerce and Economics

Established Year

1960

Course 

Master of Commerce (MCom)

Course Level

Post Graduate

Recognizations and Approvals

AICTE, NAAC(A), UGC, DEB

NIRF Ranking

651

NAAC Ranking

A

Term

4 Semester (2 Years)

Learning Mode

Online

Specializations

  • Accounting
  • Business Management
  • Banking and Finance
  • Accountancy

Eligibility

  • Undergraduate in commerce or equivalent discipline from any recognized board of education
  • Candidates should have secured at least 50% - 60% aggregate marks.
  • Working professionals should have gained a considerable amount of working experience. 

Fee Structure

  • INR 33,500/ Semester* 

Career prospects

  • Financial Analyst
  • Accountant
  • Tax Consultant
  • Investment Banker
  • Auditor
  • Budget Analyst
  • Business Consultant
  • Corporate Treasurer
  • Financial Planner
  • Stock Broker
  • Risk Manager
  • Portfolio Manager
  • Credit Analyst
  • Cost Accountant
  • Economic Advisor, and More.

Average CTC

INR 6,00,000 to INR 8,00,000.

Also Read: MCom: Full form, Admission 2024, Fees, Syllabus, Entrance Exam & Career Scope

 

  1. IGNOU, Mumbai: Indira Gandhi National Open University (IGNOU) Mumbai offers an online/distance M.Com program, best for fresh graduates and working experts seeking flexibility and efficient schooling. Recognized for its academic excellence, the Master of Commerce (M.Com) program is accredited through the UGC and DEB, making sure of adherence to high academic requirements. IGNOU’s M.Com comprehensive curriculum covers several core subjects including accounting, finance, commercial enterprise management, and economics. The MCom programs hold accreditations from NAAC and ensure excellent knowledge of experience with a strong foundation, which includes a tremendous online library and online interactions with skilled faculty and peer students.

University

Indira Gandhi National Open University (IGNOU)

Established Year

1985

Location

Mumbai

Course Name

Master of Commerce (MCom)

Approvals and Recognitions

AICTE, UGC, and DEB

NIRF Ranking

72nd

NAAC Ranking

A++

Level

Post Graduation

Duration

2 years

Mode of Learning

Online and Distance modes of learning

MCom Specialisations

  • Finance and Taxation
  • Business Policy and Corporate Governance
  • Management Accounting and Financial Strategies 

Eligibility Criteria

Undergraduate program from any recognized university.

Fee Structure

INR 20,500/ Semester*

Payment Modes

Online Payment (UPI, Net Banking, etc.)

Placement Assistance

Available

Career opportunities

  • Financial Analyst
  • Accountant
  • Tax Consultant
  • Investment Banker
  • Financial Planner
  • Auditor
  • Corporate Treasurer
  • Management Consultant
  • Budget Analyst
  • Risk Manager
  • Credit Analyst
  • Business Analyst
  • Portfolio Manager
  • Cost Accountant
  • Economic Advisor
  • Stock Broker
  • Banking Professional
  • Insurance Underwriter
  • Financial Controller
  • Academic Researcher, and More.

Read More

To learn more about the course, please visit Indira Gandhi National Open University (IGNOU)

 

  1. Chhatrapati Shivaji Maharaj University, Mumbai: Chhatrapati Shivaji Maharaj University, situated in 2018, in Navi Mumbai gives an extremely good online/distance M.Com program. Chhatrapati Shivaji Maharaj University offers Online or Distance courses that cater to the needs of fresh graduates, working professionals, and international students and allows them to learn the program at their own pace from the comfort of their homes and enhance their careers. The M.Com program is designed to deliver comprehensive knowledge in commerce and finance, accredited and recognized by AICTE, UGC, and DEB, ensuring higher standards globally.

University

Chhatrapati Shivaji Maharaj University

Established Year

2018

Location

Navi, Mumbai

Course Name

Master of Commerce (MCom)

Mode of Learning

Online/ Distance

Approvals and Recognitions

AICTE, UGC, and DEB

NIRF Ranking

101

NAAC Ranking

A++

Level

Post Graduation

Duration

2 years

Mode of Learning

Online and Distance modes of learning

MCom Specialisations

  • Taxation
  • Banking
  • Accountancy
  • Insurance

Eligibility Criteria

Undergraduate program from any recognized university.

Fee Structure

INR 25,500/ Semester*

Payment Modes

Online Payment (UPI, Net Banking, etc.)

Placement Assistance

Available

Career opportunities

  • Financial Analyst
  • Accountant
  • Tax Consultant
  • Investment Banker
  • Financial Planner
  • Auditor
  • Corporate Treasurer
  • Management Consultant
  • Budget Analyst
  • Risk Manager
  • Credit Analyst
  • Business Analyst
  • Portfolio Manager
  • Cost Accountant
  • Economic Advisor
  • Stock Broker
  • Banking Professional
  • Insurance Underwriter
  • Financial Controller
  • Academic Researcher, and More.

 

  1. Jai Hind College, Mumbai: Established in 1948, Jai Hind College in Mumbai provides a strong Online/Distance M.Com program in different specializations designed to cater to fresh graduates, working professionals, and international students. Located within the coronary heart Churchgate, Mumbai, Jai Hind College is renowned for its educational excellence and progressive mastering methods. The Master of Commerce (MCom) program is AICTE, UGC, and DEB-approved, ensuring a high-quality education that is accepted and validated around the globe. Furthermore, the college holds NAAC accreditation with an ‘A’ Grade demonstrating their commitment to offering quality education. The flexibility of online and distance learning allows candidates to learn a meticulous curriculum at their own pace and convenience from the comfort of their homes irrespective of their geographical locations.

University

Jai Hind College

Established Year

1948

Location

Navi, Mumbai

Course Name

Master of Commerce (MCom)

Mode of Learning

Online/ Distance

Approvals and Recognitions

AICTE, UGC, and DEB

NIRF Ranking

101

NAAC Ranking

A

Level

Post Graduation

Duration

2 years

Mode of Learning

Online and Distance modes of learning

MCom Specialisations

  • Taxation
  • Banking
  • Accountancy
  • Insurance

Eligibility Criteria

Undergraduate program from any recognized university.

Fee Structure

INR 25,500/ Semester*

Payment Modes

Online Payment (UPI, Net Banking, etc.)

Placement Assistance

Available

Career opportunities

  • Financial Analyst
  • Accountant
  • Tax Consultant
  • Investment Banker
  • Financial Planner
  • Auditor
  • Corporate Treasurer
  • Management Consultant
  • Budget Analyst
  • Risk Manager
  • Credit Analyst
  • Business Analyst
  • Portfolio Manager
  • Cost Accountant
  • Economic Advisor
  • Stock Broker
  • Banking Professional
  • Insurance Underwriter
  • Financial Controller
  • Academic Researcher, and More.

Popular Specialization in Online M.Com

Online M.Com in GeneralOnline M.Com in Financial Management
Online M.Com in FinTechOnline M.Com in International Finance
Online M.Com in Accounting and Finance 

Also Read: Top 5 Online/Distance M.Sc Colleges in Mumbai 2024

Frequently Asked Queries

A1. Mentioned below are the eligibility criteria for an online/ distance Master of Commerce program:

  • Undergraduate with commerce stream from any recognized university.
  • Candidates must have gained a minimum percentage of 50 to 60 % in their desired undergraduate programs.
  • Working professionals should have relevant working experience in relevant fields.

A2. Typically, the duration of an Online/ Distance Master of Commerce (MCom) program is two years and can be further divided into 4 semesters of equal duration of 6 months. However, the duration of the program can be extended up to 4 years of duration by considering the hectic schedules of working professionals.

A3. Yes, pursuing an online/ distance Master of Commerce (MCom) program is worth it for candidates with approvals and accreditations from several apex bodies including AICTE, UGC, and DEB ensuring the credibility and authenticity of the program worldwide.

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