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Steps on how to become a system administrator

System administrators have traditionally worked in the background for years to ensure the continued availability of your most critical IT systems. While the emergence of DevOps and cloud computing has resulted in more workers with mixed SysAdmin/Developer skills and experience, organisations will always need system administrators. They are skilled in both equipment and software, building durable, secure infrastructure to ensure the company’s success.

Who is a system administrator?

A system administrator (sysadmin) is an IT specialist who manages a multiuser computational setup and assures that IT operations and support structures run at peak efficiency. Sysadmins are in charge of ensuring that their company’s systems, databases, and networks are up and running, essentially avoiding business interruptions. This covers configuration settings and upkeep, such as deploying and repairing equipment and software and evaluating technological advances for their company.

Systems administrators collect data from network clients to describe and resolve issues, debug systems, hardware and software, and collaborate with contractors to learn more. To locate the remedy to particular network problems, a systems administrator generally needs to monitor various troubleshooting efforts.

What does a system administrator do? 

A system administrator oversees and reports events and issues throughout your apps and systems based on your toolchain and technology base. Sysadmins can notice an event by analysing essential system and network metrics such as CPU, disc use, DNS, lag, and ETL. Then, depending on tracking criteria, they can set reminders to obtain on-call alerts in the event of any major incidents. Sysadmins assess the health of their systems using both external system outputs and metrics, resulting in a more transparent design.

System administrators typically handle user rights and management for all apps and services. Sysadmins can grant user roles and administer the complete IT stack for an organisation, ensuring that everyone has safe access to the required software and tools.

The sysadmin is in charge of password management and SSO policies and practices. They can update passwords and guarantee that all security criteria are satisfied. The system administrator is responsible for handling SSO and two-factor verification and assisting users in gaining access to the network they require.

System administrator job description

When an organisation’s network users have technical difficulties, a systems administrator is the first person they will approach. Computer system administrators, for instance, guarantee that the company’s internet access is operational and that the mail server is fully functional, handling emails sent and received by all members of the firm or organisation.

Systems administrators guarantee the efficiency and safety of the machines they oversee and satisfy the network users’ expectations while staying within the specified budget. They may consider buying, installing, or improving components of a computer system to meet business requirements; offer additional regular automation; uphold security measures; debug; prepare and oversee the work, and provide tech assistance for initiatives to address these needs.

Types of system administrators in India 

Network and computer systems administrators

A network administrator is in charge of the company’s mobile, server, and PC equipment. They determine the company’s computer and network system requirements and install the needed components. They may do any maintenance or improvements that are required for any system. They ensure that data storage networks, emails, and the employees’ desktops run smoothly and virus-free. Network administrators ensure that the devices and users are constantly linked to the computer network’s mainframe. Administrators are occasionally in charge of communication systems also.

Database administrators

Database administrators (DBAs) are typically in charge of the subsystem’s databases. DBAs in some firms are granted the sysadmin special class permission, which allows them to do nearly anything in the subsystem and provides them control over all of the subsystem’s databases. In some companies, a DBA’s authority is restricted to specific databases. The DBA develops the data object structure, starting with the database to tablespaces, tables, and any other required indexes or analytics. They also establish the referential integrity requirements and any restrictions that may be required.

Web administrators 

Web administrators employ their technical expertise to programme networks, their artistic skills to design, and their collaborative skills to troubleshoot problems. Web administrators are a valuable asset since they have such a wide range of talents. They are crucial to an organisation’s online presence. Above all, they guarantee a convenient and effective experience for users. A few examples are establishing security standards, altering programmes, establishing backups, fixing software issues, and upgrading information. They may develop, programme, and maintain websites for various clients or a single business.

Telecommunications administrators

A telecommunications admin plays an important role in maintaining and enhancing company networks that link data and various voice services, including telephone, desktop, and voicemail services. A telecom administrator’s primary task is to guarantee that the company’s telecommunications are working smoothly without any problem. This task necessitates each telecom administrator’s familiarity with computers and modern technology. They must be capable of solving mistakes and resolving issues that develop in any communication system.

Cloud administrator 

Operating in a combined Windows and Unix software environment is the responsibility of a Cloud Systems Administrator. They are responsible for managing the instances of cloud infrastructure services and many cloud servers. They also manage, supervise, and administer a multiuser computing system as per requirements. A good technical understanding of virtual servers, writing code, and software as a service is required for this job. The underlying cloud systems will be developed, configured, implemented, and managed by the cloud systems administrator. 

What qualifications do I need to be a system administrator?

A bachelor’s degree in Computer Science, a bachelor’s degree in technology or a bachelor’s degree in computer applications (BCA) can land you system administrator jobs. Also, IT, IT systems management, or a similar discipline is the minimum requirement for a system administrator. Certification programmes focusing on equipment, computer systems, and network administrator skills are also some qualifications necessary for the job as employers can assess your abilities more quickly with upgraded professional qualifications.

Can I get a system admin job after BCA?

BCA or a bachelor’s degree in computer applications is one of the most favoured qualifications for the system admin jobs. The system administrator will have to be aware of various operating systems and programmes, including Microsoft, Unix, Linux, and Oracle. Organisations require system administrators to conduct troubleshooting activities on time, and thus they should be knowledgeable about computer applications and programming. 

Is a system administrator job a good career start?

With so many businesses adopting the latest technology, having a solid IT foundation is more important than ever. Downtime is not only inconvenient for companies; it can also quickly put them out of business. The estimated price of IT downtime is $5,600 per minute, as per a Gartner report. Therefore, companies require system administrators to keep their business software updated and working. In India, the system administrator’s salary rounds up to an average annual income of INR 692,255.

Benefits of becoming a system administrator

Listed some of the advantages of becoming a system administrator.

Gain technical knowledge and skills

A system administrator has a strong understanding of the fundamentals of technology, especially systems and networks. Full-time workers are generally in charge of computer system maintenance, configuration, and debugging, and they understand everything about networking, operating systems, web servers, and databases. 

More job opportunities

Companies rely largely on their computer networks, which must be quick, dependable, and updated regularly. System administrators will become increasingly important as more businesses rely on and encourage innovation.

Good start for your career 

Are you ready to leap from a physically or mentally demanding profession to a coworking space job with benefits? Rather than working irregular hours, finding individuals to cover your work, or freelancing on commissions, this career path may provide a steady and consistent compensation with standard office working days, allowing for a good work-life combination.

Demonstrate your communication and problem-solving skills

You’ll contact people at various levels of the business and be required to explain complicated issues in this position. Interaction abilities are essential. You will be collaborating with others and providing excellent customer service. You will also need to resolve issues, think rationally, and think rapidly. When a network goes down on a slightly elevated day, it’s your opportunity to impress, but you’ll have to keep your cool and act quickly.

How much is a system administrator’s salary?

The yearly income for a System Administrator’s salary in India ranges from INR 2.0 lakhs to INR 8.0 lakhs, with an average of around INR 7.0 lakhs. In India, a Senior System Administrator’s salary can round up to INR 8 lakhs per year with the right education, qualifications, and 2 to 5 years of work experience. Meanwhile, in the United States, with suitable expertise of up to 5 years, you can easily make around USD 75,000 and USD 95,750. According to Glassdoor.com, the following are the national average wages in the US for system administrators depending on their years of professional experience:

  • $57,974 for three years of experience
  • $69,097 for four to nine years of experience
  • $79,400 for ten to fourteen years’ experience
  • $89,306 for fifteen and more years of experience

Top recruiting companies for system administrator roles

Tata Consultancy Services, Wipro, IBM, DXC Technology, HCL Technologies, Infosys, Oracle, Tech Mahindra, and Capgemini are some of the top recruiters for system administrators. PayPal, eBay, Liberty Mutual Insurance, Boeing, Accenture, and the US Department of Veteran Affairs are just a few of the other international major employers that need system administrators from time to time. PayPal pays roughly USD 130,968 per year, whereas Accenture pays USD 111,208 to qualified workers.

How to become a system administrator?

How to become a system administrator

Here’s a step by step guide toward becoming a great system administrator

Complete your 10+2

The first level is, of course, graduating from high school. In addition, if you want to be a system administrator, it’s critical to study sciences in high school. The reason for this is that the work itself necessitates a great deal of technical knowledge, which you may obtain through degrees such as BCA, B.Tech., and B.Sc., and the admission tests for these degrees are solely based on mathematics and sciences.

Earn a BCA bachelor’s degree

Obtaining a bachelor’s degree in computer application computer science or a similar discipline is the second stage. Completing a three- or four-year degree programme will provide you with a solid base and understanding of networks, hardware devices, programming, servers, and other topics.

Obtain certifications for getting upskilled

You can get the necessary certification to start your system administrator career with or without your bachelor’s in computer applications degree in a relevant discipline. Based on your degree of knowledge, you might prioritise a relevant qualification such as AWS for Beginners and Microsoft Azure AWS for Beginners. Microsoft Azure credentials will provide you with real-world experience and specific abilities to help you transform into a professional system administrator. These certificates are available in both online and offline formats.

Try pursuing an internship

You can prepare for entry-level jobs after earning a bachelor’s or master’s degree and taking a certification course. But before choosing a job as a system admin, you can apply for an internship and get practical experience to get exposure to real-world problems. 

Find a job as a system administrator

After completing your internship, you can begin working as a system administrator at an entry-level job. You can continuously develop your abilities and earn expertise to be ready for higher-paying senior-level employment, such as Senior System Administrator or Senior Technical Advisor.

What are the top skills for a system administrator?

Top skills of system administrator

Knowledge of different operating systems

Being a system administrator necessitates a thorough understanding of several operating systems. Whether it’s Windows, Linux, or Mac, hiring managers are looking for people who can manage their organisation’s OS. Windows and Linux are popular operating systems, although your company may prefer one over another.

Basic programming skills

Sysadmins are increasingly writing scripts and coding to accomplish their objectives. This demand for system administrators who write programmes regularly has given way to a new push in site reliability engineering (SRE). Due to the code handed to them by programmers, SysAdmins have always been very responsive to issues in operation. Nonetheless, if SysAdmins and ARE teams begin to write code more frequently and work with programmers sooner in the release cycle, they will be able to discover and solve things more regularly.

Hardware knowledge

It’s critical to understand how to handle the many hardware components at a corporation as a systems administrator. This comprises both the network management and maintenance gear and the individual computers and gadgets that employees use to connect with the network. A systems administrator is in charge of both setting measures in place to reduce the possibility of mistakes in the company’s hardware and supervising the correction of any problems that arise.

Master your skills with an online BCA from Manipal University Jaipur

Manipal University Jaipur’s online BCA curriculum aims to produce tomorrow’s visionaries by combining the most recent breakthroughs in computer technology, a focus on logic and innovation, and the evolving ways of the sector. This 36-month course will be tutored by experienced faculty. Over 50 per cent of the MUJ faculty have earned a Ph.D in their respective fields. They boost the value of practical knowledge and enable you to chart your course to success confidently. The course is available for both Indian and international students with general eligibility criteria of 10+2 from a recognised board with at least 50 per cent marks in aggregate. 

The course fee is INR 1,20,000 (20,000 per semester). Students who enrol in this programme gain knowledge and abilities in skills such as communication, organisation, management, and computer technologies. Computer programmer, web and system administrator, web developer, and other positions are open to BCA graduates.

Conclusion

A system administrator is a critical and in-demand position in the technical business. If you want to get your feet in the gate of IT operations, the SysAdmin position is a wonderful place to begin and pays well. You can start a SysAdmin career with a BCA degree. Online Manipal offers a cutting-edge online BCA programme to build skilled SysAdmin candidates. With the Google Cloud Computing Foundation curriculum, you will get hands-on training on cloud technology, labs, assessments, and capstone project.

Null Hypothesis and Alternative Hypothesis: Explained

If you’re thinking about taking a statistics class, you’ve undoubtedly wondered between a null hypothesis meaning and an alternative hypothesis meaning. Or you have come across the terms somewhere and may have wondered what is null hypothesis? What it accomplishes, and why it should be rejected. Or, for that matter, the alternative hypothesis definition.

The null hypothesis provides a relative statement about reality, while the alternative hypothesis provides a framework for reporting conclusions. This article will explain these principles and provide answers to your pressing queries. Continue reading to learn about the seven critical distinctions between a null hypothesis and an alternative hypothesis. 

What is the Null Hypothesis?

Let’s start with what is a null hypothesis? The null hypothesis is a statistical phrase that refers to a scientist’s effort to disprove a specific hypothesis. When there are two conceivable outcomes, a null hypothesis is formed when the difference seen is attributable to chance alone. 

A statistical test may compute the likelihood that the null hypothesis is correct, and its goal is to assess the probability that the observed difference is attributable to chance alone.

Null hypothesis principle

The null hypothesis asserts that there is no statistical link between two sets of variables. The null hypothesis may be applied to a single set of variables or two sets of variables. Scientists have a plethora of experiments at their disposal to test the null hypothesis. 

They may go on to the other investigations after refuting the null hypothesis. The symbol H0 denotes the null hypothesis in statistics. It is also known as H-null or H-zero.

Purpose of null hypothesis

The null hypothesis is based on the premise that there are two alternative interpretations of a statistical relationship.

  • According to the null hypothesis, the difference or ratio is zero when two groups are equal. The goal of null hypothesis testing is to assist researchers in determining which interpretation is more plausible.
  • This test is often employed in scientific research, although its primary goal is to help researchers make reasoned decisions concerning statistical significance.

A sample mean test, for example, may be used to determine the mean of a population. In this scenario, the sample mean varies from the mean of the hypothetical population, but only in one direction. 

The null hypothesis must be rejected when the sample mean deviates from the hypothetical population mean. However, a sample ‘mean’ deviation that is not predicted may be ruled out due to the absence of a substantial impact.

When should a null hypothesis be rejected?

The rejection of a null hypothesis has several ramifications. 

  • The first is that there is no evidence to support a null hypothesis. However, this does not rule out the existence of the impact, and in actuality, it may simply indicate that the sample size was insufficient. You must have an alternative hypothesis if you wish to reject a null hypothesis.
  • A null hypothesis has no evidence to support it; that is, it does not withstand additional scrutiny. For example, research to see whether sunshine influences plant growth rates has yet to be undertaken using sunlight. 
  • Another research that analyses growth rates in the presence and absence of sunshine, on the other hand, would show that this is not the case. As a result, rejecting the null hypothesis opens the door to additional investigation. It does not imply that the experiment is pointless, but it does indicate that the research must continue.
  • A test statistic must be calculated to determine if a null hypothesis is valid. This is the test statistic, and it is used to decide whether or not to reject the null hypothesis. The null hypothesis is rejected if the test statistic exceeds the crucial value, and a rejection of the null hypothesis would be invalid otherwise. 
  • Furthermore, a test statistic that is less than the crucial value does not establish the presence of a null hypothesis.

Null hypothesis examples

A statistical hypothesis is referred to as a null hypothesis. The null hypothesis asserts that a specific condition must be disproven before you can accept that one particular effect exists.. As a result, H0 is the null hypothesis formula. 

Here are some instances of how a null hypothesis may be used. Let’s have a look at two null hypothesis examples. 

  • The first is a medicine that lowers the chance of a heart stroke. The second scenario is if the treatment does not reduce the risk of heart stroke.
  • In another example, a school principal asserts that a student’s average grade is seven out of ten. Assuming the population mean is 7.0, the null hypothesis is that students score seven out of ten on tests. The principal should keep track of the grades of 30 kids to evaluate this hypothesis, and then they should compute the sample mean and test the null hypothesis.

What is Alternative hypothesis?

An alternative hypothesis in statistics is a statement that relates two variables, often one variable from one group to another. The goal of the alternative view is to generate new ideas or information, and an alternative hypothesis should be straightforward and precise. 

Unlike a null hypothesis, an alternative hypothesis does not cite any outcomes supporting the idea, and it also may not imply complete assurance. To develop a compelling alternative hypothesis, you need to choose a collection of critical factors to investigate. 

Furthermore, it should be verified within the time frame indicated to validate an alternative hypothesis. It should be straightforward to understand and offer a reference for its statement, and it should also explain why this is the case.

Alternative hypothesis principle

The principles of the alternative hypothesis are similar to those of the null hypothesis. In both cases, sufficient evidence must be obtained to support the researcher’s assumption. The data collected from a random sample are then processed through a statistical tool to measure how far the results deviate from the null hypothesis. A deviation of just a few percentages is acceptable; however, a variation of more than a factor of two is significant.

Purpose of alternative hypothesis

The objective of alternative hypothesis is to give a theory that is not the null hypothesis. The alternative hypothesis provides the researcher with a framework for presenting the study findings.

  • The alternative hypothesis is utilised when the findings are inconsistent and the data does not support the null hypothesis. In this scenario, the researcher should provide an alternative hypothesis that includes facts that contradict the null hypothesis. 

A researcher may devise a formula for the alternative hypothesis, often known as H1 or Ha. Then he may use this calculation to determine whether or not the alternative hypothesis is supported.

  • The kind of test determines the alternative hypothesis’s aim. A one-tailed alternative idea looks for differences that are only in one way. In contrast, a two-tailed alternative hypothesis looks for differences in both directions. 

The alternative hypothesis is valid if both alternative hypotheses are rejected. The two-tailed directional alternative hypothesis is concerned with two aspects of the distribution. It is widely employed in investigations when data from a large sample supports a hypothesis.

When should an alternative hypothesis be rejected?

When there is no evidence of a relationship between the variables in a population, the response is when the null hypothesis is true. 

  • The alternative hypothesis would imply a link between the variables in the population and the variables in the sample. If the alternative hypothesis is correct, the null hypothesis is not rejected. 
  • It is preferable to test a different hypothesis. The greater the evidence supporting the null hypothesis, the better the alternative hypothesis.
  • Although failure to reject a null hypothesis is a typical statistical error, it does not always imply that an effect does not exist. Instead, it indicates that the sample size was insufficient or that the research overlooked something. 
  • Accepting a null hypothesis is also not statistically accurate. If you don’t know the answer to this question, think about a few more ways to test the null hypothesis.

Alternative hypothesis examples

These are critical features of alternative hypothesis examples. Following are some examples:

  • Assume you’re a statistics student at a large high school. You think that students sleep less than the general population. If this is the case, you may put your idea to the test by utilising population data as your alternative hypothesis.
  • Second, imagine you’re attempting to figure out what’s causing poor test results in primary schools. Assume you discover that pupils receive fewer than eight hours of sleep every night. If the evidence shows that the reverse is true, you’ll have a plausible alternative hypothesis. Alternatively, you may have discovered that poor classroom ventilation resulted in a low exam score. Whatever the cause, you’ll need to collect statistically significant data to support your hypothesis.

Null hypothesis vs alternative hypothesis: A comparison 

A null hypothesis is a statistical supposition stating no difference between two variables in a population of between two groups of individuals. As a result, distinguishing between the Null and alternative hypothesis is critical. 

Using the Null hypothesis and Alternative hypothesis examples, you may find that the null hypothesis is the most likely to be accurate, but its rejection does not necessarily indicate it erroneously. On the other hand, the alternative hypothesis asserts differences between the two variables, and the data supports this assertion.

Let us now look into the difference between the Null hypothesis and the alternative hypothesis.

Earn an MBA degree from Online Manipal 

The online mode of learning an MBA is the choice of many working professionals these days. It is more comfortable for individuals to attend classes at their own pace and convenience, and it also cost-effective. With the pandemic outbreak, the necessity of online schooling has grown. Online MBA courses provided by institutions such as Manipal University Jaipur through the Online Manipal platform are advantageous and allow students to flourish in their careers.

Manipal University Jaipur’s online MBA courses are widely approved by corporations, government agencies, and higher education institutions. The course includes live instructor-led sessions and online proctored tests. The online courses provided by the university are equal to those taught on-campus.

Conclusion

When it comes to statistical data analysis, the null hypothesis is false. If it is, however, the alternative theory is correct. This signifies that the research is not a null hypothesis, and the findings are the outcome of a different hypothesis. The alternative hypothesis is a theory that differs from the null hypothesis in terms of statistical significance. 

This post covered the difference between a null hypothesis and an alternative hypothesis, and why you would want to utilise it in your data analysis. Understand the principles and fundamentals of the null and alternative hypothesis as this will undoubtedly assist you in using the hypothesis as a tool in your study.

M.Com course guide: All you need to know

M.Com, also referred to as Master of Commerce, is a two-year postgraduate study designed for applicants interested in the BFSI sector (banking, financial services, and insurance) and accountancy and commerce. The two-year course digs further into the economy’s functioning, capital, revenue, trade, taxes, and other topics covered in B.Com. M.Com is an extremely adaptable subject that allows students to pursue professions across various industries. It is the most common degree among aspiring professors and scholars in finance, accounting, and related domains. 

M.Com is an appropriate option for you if you are interested in financial studies and want to study monetary transactions to manage the business. We’ll go over all of the questions regarding M.Com in this article, including:

  • What is an M.Com course?
  • What are the eligibility criteria for an M.Com course?
  • How to get admission in an M.Com course
  • Types of M.Com courses
  • Subjects covered in M.Com
  • M.Com syllabus semester-wise breakdown
  • Jobs after M.Com course?
  • Scope of M.Com graduates in India
  • Why should you consider online M.Com?

Key points for M.Com course

M.Com is a two-year postgraduate degree in Masters of Commerce, which is a higher level of study after a bachelor’s degree in commerce. 

ParticularsDetails
DegreeMasters
M.Com full formMaster of Commerce
Duration2 years
Age limitNo specific age limit
Minimum percentage45-50%
Subjects requiredGraduate degree in Commerce
Average fee incurredINR 50,000- 1,00,000 per annum
Similar options of studyM.Phil (Commerce), MBA, CA
Average salary offeredINR 4 Lakhs per annum
Employment rolesAccountant, Account Executive, Finance Manager, Operations Manager, Financial Analyst, Senior Account Executive, Senior Accountant, Financial Controller, Cost Accountant, Accounting Manager, and many more.
Placement opportunitiesEY (Ernst & Young), Genpact, Accenture, WNS Global Services, Tech Mahindra Ltd., J.P Morgan, Chase & Co., HDFC, BNY Mellon

What is an M.Com course?

The M.Com course equips learners with high training that suits the requirements of corporate executives. It also functions as a research and education tool in management studies. The course enhances rational thinking, analytical ability, language skills, statistical and mathematical expertise, management ability, education and research skills, and business acumen. As a result, those interested in becoming teachers, lecturers, or professors and seeking further education (Ph.D.) frequently enrol in this programme.

For Master of Commerce degree holders, UGC-NET/JRF and Ph.D are two common possibilities. Aspirants need to clear entrance exams for M.Com admissions at elite universities, and many colleges provide admission to the programme based on merit. 

How to get admission to an M.Com course?

M.Com is a popular degree choice among students. Aspirants must have a minimum of qualifying marks in their bachelor’s degree for M.Com admission. The following is a full description of the admissions procedure:

M.Com course eligibility criteria

The M.Com eligibility standards may vary in terms of overall aggregate from one college to the next. Below are the vital criteria for an M.Com programme:

  • A minimum of 50 per cent in B.Com or B.Com (Honours) or comparable from an accredited institution.
  • Some colleges additionally accept students who have finished Economics (Honours), BBA, BFIA, or BBE with a minimum average score of 60% or higher.
  • Students in the reserved category are offered a 5% grade relaxation.
  • Home-state applicants are also given a lot of leeway at state universities.

Admissions to an M.Com are based on the results of the B.Com graduate programme and the availability of seats. Applicants must have a least 50% in a Bachelor of Commerce (B.Com) degree from a reputed institute.

M.Com admission is based on merit or entrance exams conducted by the institute.

  • Merit admissions: 

Most universities admit students based on their qualifications for the M.Com programme. Applicants are chosen for the course if they meet the M.Com qualifying standards set out by the concerned college.

  • Entrance exams admissions:

Admission to M.Com programmes is based on entrance tests at various institutes. Applicants who clear the entrance test will be deemed eligible for the M.Com course at their preferred institution.

Types of M.Com courses

M.Com programmes in India are available in full-time, part-time, distance learning, correspondence, and online formats.

  • Full-time M.Com

Full-time M.Com programmes last for two years. In India, the full-time M.Com programme has been the traditional choice. Admissions to M.Com courses are based on merit or an admission exam. Accounting and finance, financial management, business management, statistics, and other M.Com specialisations are available.

  • Part-Time M.Com

Part-time M.Com programmes are available for two years. Admissions are offered on the grounds of a merit list, which is compiled based on graduation grade point averages (GPAs).

  • Distance M.Com 

Working professionals and aspirants who cannot attend university daily prefer distant M.Com courses. Applicants should check with the Distant Education Board and the UGC before enrolling in a distance education course. The programme lasts between two to five years on average.

  • Online M.Com

The online M.Com course is an excellent learning resource for those who want to learn more about corporate financial transactions without leaving their current work. This course will assist students in either upgrading their current employment status or applying for suitable positions in other firms. Many reputed institutes and platforms such as Online Manipal offer M.Com courses in a completely online mode of education. The online M.Com programme lasts two years and is divided into four semesters. The cost of an online or distance M.Com course is reasonable, ranging from Rs. 50,000 to Rs. 1,00,000. 

M.Com course details

M.Com is among India’s most recognised educational programmes. The M.Com course details offer a variety of specialities and several course versions that students can follow based on their availability, skills, and qualification. 

M.Com programmes cover five core disciplines, as well as specialisations and electives. The two-year study focuses on finance, economics, accounting, and banking modelling. Aspirants can choose electives depending on their talents and choices. The final year is devoted to capstone, real-world trade, and demo projects. Internships are also available during the programme. The M.Com course details are as follows: 

  • Two years
  • Core and specialization subjects
  • Elective courses
  • Capstone projects and real-time projects
  • Internships and workshops

Subjects covered in M.Com

The M.Com course comprises core and elective subjects. While the core M.Com subjects deal with the principles of commerce, the elective topics give students a practical grasp of various areas. The M.Com subjects may differ depending on the university. The most frequent subjects included within the M.Com curriculum are:

Compulsory subjects

  • Organisational Behaviour
  • Economic Analysis
  • Financial Management and Policy
  • Statistical Analysis
  • Business Environment
  • International Business
  • Marketing Management
  • Strategic Management
  • Accounting Theory and Practice
  • Corporate Tax Planning
  • Security Analysis and Portfolio Management
  • Business Environment and Business Decisions
  • Managerial Accounting
  • Research Methodology in Commerce
  • Financial Institutions and Markets
  • Advertising and Sales Management
  • Consumer Behaviour

Optional subjects 

  • Banking & Finance
  • Entrepreneurial Management
  • Financial Markets
  • Financial Bank Management
  • International Finance
  • Investment Management
  • Quantitative Techniques of Business Decisions
  • Human Resource Management

M.Com syllabus semester wise breakdown

The Master of Commerce course syllabus covers a wide range of Commerce disciplines, from accounting to economics, to assist students in delving further into the specialities that this field of study entails. Universities guarantee that the disciplines in this postgraduate degree’s curriculum are versatile to enable students to explore the various job options available to them after completing this programme. Let us glance over the M.Com course’s semester-by-semester syllabus.

First semester 

  • Organisational Behavior and Management Process
  • Marketing Management
  • Computer Applications in Commerce
  • Business Environment & Policy
  • Corporate Governance

Second semester 

  • Management and Financial Accounting
  • Managerial Economics
  • Research
  • Management of Non-profit Organizations
  • Research Methods & Statistical Techniques

Third semester 

  • Financial Management
  • Management of Financial Services
  • Managerial Communication
  • International Trade – Theory & Practice

Fourth semester 

  • Elements of Income Tax
  • E-Commerce
  • Mergers & Acquisitions
  • Research and Internships

Jobs after M.Com course

After completing an M.Com degree, there are several career options in both the private and public sectors. Individuals can work in commercial banks, government banks, civil services, education, etc. You can work as:

  • Assistant Accountant
  • Accountant
  • Senior Account Executive
  • Cashier
  • Personal Finance Consultant
  • Business Consultant
  • Teachers/Lecturer
  • Executive Assistant
  • Financial Analyst
  • Business Analyst
  • Corporate Analyst
  • Investment Banker
  • Marketing Manager
  • Finance Manager
  • Operations Manager
  • Sales Manager

Scope of M.Com graduates in India

M.Com is a degree programme that assists students in establishing a career in a rapidly changing corporate world. Aspirants for the corporate sector benefit from the M.Com specialisation subjects. In India, there are many career prospects for M.Com Computer Application graduates. The range of options available after earning an M.Com is expanding all the time, such as

  • Finance Industries
  • Insurance Industries
  • Stock Market
  • Banking Sector
  • Corporate Sector
  • E-Commerce Sector
  • Gaming Industries
  • VR Industries

Higher education opportunities after M.Com

The following are among the professional certification programmes that learners can undertake after earning an M.Com degree:

  • Certified Financial Planner (CFP)
  • Chartered Global Management Accountant (CGMA)
  • Certified Public Accountant (CPA)
  • Chartered Certified Accountant (ACCA)
  • Chartered Alternative Investment Analyst (CAIA)
  • Financial Risk Manager (FRM)
  • Financial Modeling

Before picking which studies to pursue following your M.Com, all young minds should consider the course duration, difficulty level, and cost. Any of the finest courses after M.Com on this list will likely land you a great job and allow you to start your professional career.

Career/Job options with salary

The potential to obtain a postgraduate degree in M.Com is excellent in India and overseas. In India, the scope of Master of Commerce  is determined by the speciality and demand. The payscale for M. Com graduates is high because of this demand. Both the private and public sectors have plenty of opportunities for M. Com graduates. Let us look at jobs after M.Com in both the private and public sectors.

Private jobs after M.Com

Graduates with a Master of Commerce degree have many options in the private market. The average income for M.Com grads in India is roughly INR 3.9 – 12 LPA, as per PayScale. The following are the jobs for M.Com graduates with titles and their associated salaries:

Job rolesAverage annual salary
Risk AnalystINR 6.06 LPA
Management ConsultantINR 7 LPA
Finance BookkeeperINR 6.24 LPA
Finance AnalystINR 6.94 LPA
Stock BrokerINR 12 LPA

Government jobs after M.Com

M.Com graduates have many opportunities in the public sector. The most common central government employment for M.Com graduates is working in the RBI and the FCCI. The banking sector is also an area with many opportunities. M.Com grads in India earn between INR 2.8 and INR 9 LPA, as per PayScale. The following are some government jobs for M.Com graduates that pay well:

Job rolesAverage annual salary
AuditorINR 4.1 LPA
Bank AccountantINR 8.85 LPA
Lecturer or ProfessorINR 4.11 LPA
Budget AnalystINR 8.1 LPA
Account AssistantINR 3.8 LPA

M.Com vs MBA: Which is a better choice?

In an era where practically every candidate prefers an MBA, the question remains: is an M.Com worth it? 

Similarities between M.Com and MBA

To begin with, M.Com is significantly less expensive than other professional degrees like MBA and PGDM. While an MBA is a multidisciplinary programme, the M.Com programme concentrates solely on a single facet of the business. However, this does not rule out the possibility that the M.Com programme will include business management topics.

Organisational Behavior, Organisational Management, and Management Principles are just a few of the disciplines covered in the M.Com degree, preparing individuals to compete with MBA graduates. In addition, the duration of the M.Com course is comparable to that of an MBA and is far less than that of a CA course. 

Difference between M.Com and MBA

FeatureMBA M.Com
CostMBA is generally an expensive course. Depending upon the college, you may have to spend INR 10-12 Lakhs on an MBA course.M.Com is an affordable course, especially in government colleges. Learners can usually complete an M.Com course within INR 1 Lakh.
RecognitionWidely recognised in the Indian as well as the global marketplace.A recognised course in India but not as much international recognition.
Who is it for?Great for candidates who wish to take up management positions in private industries.Best for candidates who either want to take up teaching or research in Commerce or Finance.
Core recruiting  domainsMarketing, Advertising, Analytics, Business Administration, Private Organisations, Specialised SectorsFinancial Research, Stock Market, Taxation, Banking & Insurance, Government Jobs

M.Com vs MBA in Finance: syllabus

MBA and M.Com courses have various curricula for different specialities. Learners will notice that the MBA and M.Com curricula share several identical subjects. The MBA course content is tailored to industrial requirements, whereas the M.Com course content is constructed from an academic standpoint. The table below compares the MBA in Finance and M.Com in Finance curricula.

MBA finance subjectsM.Com finance subjects
Financial ManagementBanking & Technology 
Portfolio Management 
Risk Management 
Financial AccountingQuantitative techniques for business 
International Finance Business Economics
Organisational BehaviourFinancial Markets and Services
Corporate Investment Investment Management 
Management Borrowing Marketing Management

M.Com vs MBA: Career scope

The most important element for candidates to evaluate before enrolling in any degree programme is the potential for a professional future. Certain degrees provide fewer alternatives than others, and you should be aware of this before choosing your preference. The following is a comparison of MBA and M. Com career options.

MBA career 

The MBA degree provides you with a wide range of job options. MBA grads are in high demand and are at the top of employers’ lists. Along with technical competence on all topics linked to business, you will go through a series of personal growth. You will learn various soft and technical skills over the duration of the course. You can even plan your course, launch your own company, and work for yourself.

M.Com career 

Master of Commerce graduates have access to some of the most prestigious positions in the workplace. The disciplines in this course will prepare you to be a business expert. If you pursue an M.Com., you will have no difficulty getting a job that pays well and offers good perks. Jobs after M.Com will lay a foundation for your bright future.

Online M.Com: New generation course

The online M.Com course is developed to meet the existing or contemporary educational system’s requirements and to assist remote learners. Students can get an M.Com degree while working or participating in other activities that will help them advance their careers through online learning. Working individuals who wish to achieve one of the following goals are turning to online courses of study:

  • Extend their knowledge horizons
  • They can either improve their current job profiles or start a new one
  • Explore an entirely new field.

Why should you consider online M.Com?

The M.Com programmes are in significant demand because of the financial advantages for students. M.Com courses are offered in various formats, and the extensive M.Com specialisation allows candidates to carve out a speciality in a variety of industries. Here are the main reasons why online degree courses are one of the most popular learning options in India:

  • Study while working

The most significant benefits of an M.Com online course are that students do not have to quit their jobs to take classes.  Students pursuing online courses can access their learning material from anywhere and gain knowledge in a virtual classroom, and they only require functioning internet service. If they still cannot attend online lectures when they are scheduled, they can view the session at a later stage and re-watch it if they do not grasp particular content. For many who want to study at their own pace and in their very own surroundings, online M.Com from Manipal University Jaipur provides a flexible educational experience.

  • High-quality content 

The accessibility and level of the coursework available via e-learning courses have improved. When these programmes first began, the content quality was lower than that of an offline class, owing to the lower average standard of educators who taught in an offline setting versus those who created curriculum content for virtual courses. As a result, these courses paled in comparison to offline training and were deemed untrustworthy. However, more reputable institutions hit the marketplace as time went on, bringing expert coaches who were further driven to develop high-quality stuff for these platforms. Most professionals today who intend to advance their careers choose online courses. These factors have combined to make degrees more accepted in the workplace now than they were previously.

  • Transferring credits is simple

Transferring credits from one institute to another is simple with online programmes. For example, if a student wishes to transfer from one university to another while pursuing the same course, they are not required to start over. If a student has undertaken a normal M.Com course and wants to enrol in online M.Com classes, they can transfer credits, and they’ll be able to resume where they left off easily.

  • Pocket friendly 

Compared to their traditional equivalents, M.Com online courses are far less expensive. The absence of infrastructure and travel costs makes these programmes extremely cost-effective over their offline counterparts. Thus, the associated costs for both the student and the institute are drastically reduced. Additionally, you can occasionally obtain learning materials such as books and periodicals online at no extra cost.

  • An excellent way to prepare for a changing job market

Learning to use technology is a fantastic side benefit of online education. Workforces are becoming more scattered as technology develops. Whether interacting with someone across the street or across the globe, mastering technologies for video conferencing, communicating, gathering data, and interacting is a skill set you’ll likely require. The gap, which was wide a few years ago, is diminishing, and more working professionals in India are opting for e-learning courses.

Online learning options will become increasingly popular as costs decrease and the standard of education grows, thanks to improving technology. Digital training will become the norm rather than the exception soon.

Get an online M.Com from Manipal University Jaipur

Manipal University Jaipur not only meets one’s academic demands but also emphasises its students’ overall progress. The Department of Commerce at MUJ offers a two-year M.Com professional programme with four semesters. This online M.Com is an extensive course that will provide you with a wide range of skills necessary to run a successful firm in today’s competitive economy. You’ll develop a thorough understanding of key business concepts and principles, allowing you to tackle real-world problems and provide meaningful answers. A wide curriculum covering comprehensive accounting and finance leadership, the legal system of a company, export and import legislation, economic policies, and other factors that impact commercial transactions will help you gain a better grasp of essential business operations.

Online M.Com course from Manipal University Jaipur highlights 

  • UGC-entitled degree from a NAAC ‘A+’ accredited university
  • Advanced digital learning platform for immersive learning
  • Top-tier faculty & real-world mentors
  • Career counselling and placement assistance
  • Contact faculty through the student portal
  • Broader worldview
  • Better job opportunities

Online M.Com course syllabus 

Online M.Com subjects list for Manipal University Jaipur is as follows:

First semester 

  • Performance Management
  • Managerial Economics 
  • Research tools and techniques
  • Professional Accounting and Reporting
  • Taxation
  • Open Elective/ MOOC

Second semester 

  • Financial Management
  • Governance, Risk and Ethics
  • Corporate Reporting
  • International Financial Reporting Standards
  • Seminar – I
  • Open Electives/ MOOC

Third semester 

  • Advanced Financial Management
  • Business Analysis
  • Advanced Performance Management
  • Tally/ Other Financial/ Statistical software
  • Seminar-II
  • Open Electives/ MOOC

Fourth semester 

Option 1- Dissertation / Internship (16 weeks)

OR

Option 2- Study Abroad 

MOOC

What is the online M.Com degree duration at Manipal University Jaipur?

The online M.Com course duration at Manipal University Jaipur is two years, i.e., four semesters.

What is the delivery mode for online M.Com programmes?

The M.Com programme is entirely accessible via the internet. Teaching and learning take place on an LMS (Learning Management System), which enrolled students can access.

What are the fees for an online M.Com degree?

The online M.Com fees are INR 1,00,000 (all-inclusive), which means INR 25,000 for each semester.

What are the career choices after an online M.Com degree?

This course provides complete educational opportunities that build and expand skill sets that are required across businesses and may be applied to a variety of career roles such as:

  • Accountant
  • Financial Analyst
  • Market Analyst 
  • Business Manager
  • Investment/ Asset Manager
  • Financial Risk Manager

Required skills for an online M.Com course

The M.Com course is mostly about statistics, graphs, and computations, so an aspirant must possess strong analytical abilities and a passion for figures. To pursue a job in the associated industry and advance your career in M.Com, the following abilities are required:

  • Logical thinking
  • Proficiency in memorising facts and figures
  • Strong analytical abilities
  • Capacity to deal with pressure 
  • Strength in Maths
  • Strong communication skills
  • Eye for detail
  • Leadership qualities
  • Understanding of financial sector
  • Good with computers

Will I receive the certificate after completing Manipal University Jaipur’s online M.Com degree programme?

Yes, you will receive a certificate after the course completion. MUJ’s online certificates are acknowledged by governments, corporations, and higher educational institutes as qualifications for jobs, further education, and future opportunities.

Is Manipal University Jaipur’s M.Com degree valid?

Manipal University Jaipur (MUJ) gets an A+ NAAC rating, with a 3.28 CGPA. This honour validates MUJ’s academic model, world-class amenities, teaching techniques, and educational quality and establishes it as a prestigious institution.

Manipal online M.Com eligibility for Indian students

  • Candidates must hold a bachelor’s degree in 10+2+3 years from a recognised university/institution or a comparable certification approved by the Association of Indian Universities.
  • Candidates must have earned at least 50% of their class’s grade to be considered (45 per cent for reserved categories)

Manipal online M.Com eligibility for international students

  • Students and professionals with NRE, PIO status who reside outside of India are termed ‘international students’ and are eligible to enrol in MUJ’s online degree programmes. 
  • As part of the application process, all such students and professionals pay an international fee for their degrees. They may be required to submit papers such as a CV, address proof, valid visa, PR card, and passport copy.

Conclusion

The M.Com course is designed for both fresh students and those currently employed at entry-level positions and interested in advancing their careers. It is possible to specialise in any discipline, and after earning this certificate, one can pursue research or doctoral studies. All organisations are looking for employees with specialised knowledge and skill in a certain subject to make room for better, higher-paying employment more efficiently.

Getting your online M.Com is a fantastic way to expand your learning and professional credentials. It broadens your skills and gives opportunities for academic assignments and conferences, allowing you to expand your knowledge while also assisting in developing an analytical mind. M.Com graduates have a bright future, particularly in advertising, corporate development, and e-commerce.

Hope all your queries regarding M.Com course details, M.Com eligibility, M.Com admissions and M.Com career options have been answered. So hurry up and enrol in an online M.Com course for your lucrative career.

How a PGCP program helps boost the career of working professionals

PGCP is an added advantage for professionals because it allows you to understand the business world and its complexities better.

The PGCP program is designed to help you gain better skills and knowledge about how businesses operate and how they can be run efficiently. This is achieved through hands-on experience, which allows you to apply what you learn in class to real-life situations.

The coursework also prepares you for future jobs by equipping you with transferable skills across industries and roles.

How does a PGCP help working professionals?

When applying for a job, knowing what you want is essential. And if you are looking for a management position, you will probably want to consider pursuing a PGCP course. 

Want to know what are the advantages of PGCP? Continue reading.

  • Enhanced knowledge

A PGCP will help you better understand your job role. You can apply this knowledge at your workplace, enabling you to perform better at your job and make more informed decisions. The program also helps you develop the skills necessary for leadership positions, such as critical thinking, problem-solving, communication and decision making.

  • Deeper understanding of your job role

As an employee in any organization, you must know what is happening around you. Not only does this help you understand how your company operates, but it also allows you to understand the roles of other employees. This can help increase productivity among employees because they will better understand what they need to do daily and how their actions affect other departments within their organization.

  • Better career opportunities

A PGCP offers you an excellent opportunity to develop in demand skills the industry requires. You will be able to secure a lucrative career and gain better-paying jobs. Experts design the PGCP program with years of experience in the field, so you can expect to learn the latest trends, techniques, and tools required for success.

  • Lucrative payscale

After completing your PGCP online certificate program, you will be offered lucrative pay scales by employers because they value your skills and knowledge. You will also be able to negotiate your salary based on what you learned during your coursework, which makes this training program even more valuable.

  • Decision-making skills

A PGCP helps working professionals make better, more informed decisions. The program teaches students how to use data to assess risk and make informed decisions rather than relying on instinct or gut feelings.

  • Communication skills

The PGCP also helps professionals communicate more effectively, both in work settings and outside work. Students learn how to communicate with various people, including those who may have different backgrounds or beliefs than they do.

How relevant work experience helps you in management courses?

Experience is the best teacher. It helps you learn about yourself, your strengths and weaknesses, and how to deal with problems in different situations. In management courses as well, work experience matters a lot. 

Work experience is desirable for PGCP courses. The requirement is in place because it helps students gain essential skills they can use in their studies.

The most important benefit of work experience is that it allows students to apply what they are learning in class to real-life situations. It also helps them learn how businesses work, which can be very different from what’s presented in textbooks or lectures. This gives students a more rounded view of management and business strategy, which is especially valuable for those working outside India after graduation.

Choosing the right program

Online certificate in business analytics is designed to help working professionals acquire the skills they need to advance in their careers. The program provides students with access to flexible learning options, so they can study on their schedule and earn their certificate at a pace that works for them. 

Online courses are designed to be accessible and engaging. They feature interactive elements like quizzes and tests, video lectures and live student discussions. 

The coursework is broken down into manageable chunks that allow students to absorb new information efficiently. And there are no long-term commitments—you can take as many courses as you want before deciding whether or not you want to earn your management certificate.

The best part is that you don’t have to miss out on earning a degree because you are busy with work and life. With the online learning platform, you will be able to get a certificate from a renowned institution without having to move away from home or quit your job!

How does PGCP courses help boost your career?

Benefits of Online Education

Source

PGCP certificate in business analytics and logistics & supply chain management are designed to meet the needs of students who want to enhance their career opportunities by acquiring a good understanding of concepts and practices. Here’s how:

  • Live virtual classes

PGCP courses are designed to help you develop the skills you need to advance your career. Our programs are designed around current industry needs, so you will learn from the best professors and teaching staff in the business. Plus, we offer live virtual classes allowing you to interact with classmates, instructors, and fellow students worldwide.

  • 100% online program

The programs are entirely online and can be accessed from anywhere in the world. You can access your course material, assignments, quizzes and tests through our learning management system (LMS).

You will receive regular feedback on your progress from faculty members. You will also interact with your classmates and other learners through our virtual classroom, where discussions take place on various topics.

  • Enhanced digital platform

The PGCP programs have been designed to meet the needs of professionals who are looking to upgrade their skills. It uses an advanced digital platform that provides a rich learning experience and ensures that you stay on top of your studies even when you are away from home or the office.

  • Virtual labs and capstone projects

The virtual lab exercises help you build on your existing knowledge. At the same time, the capstone projects allow you to apply that knowledge in a real-world context. Both are conducted via an online platform that will enable you to interact with other learners from around the globe. This creates a collaborative environment where you can network, share ideas and experiences, and learn from each other.

  • Online mentoring

The online mentors are available 24/7 to help answer any questions or concerns you may have during your studies. They also offer support via email or phone calls.

In conclusion

At Online Manipal, you can find different PGCP courses from various top-rated universities. One-year PGCP in Business Analytics program helps learners to be business analytics professionals with the necessary skills in the domain. The program offers a holistic learning approach, making it ideal for students who want to prepare themselves for the real world.

Key takeaways:

  • A PGCP management program will help boost the career in multiple ways.
  • It helps you become a better leader and manager and excel in the field of your choice.
  • It improves your communication skills and enables you to work more effectively while delivering optimal results.
  • It prepares you to make better business decisions and opens up a broad spectrum of opportunities for you, no matter how seasoned you are, it helps you keep growing.

 

M.Com degree course benefits

In India, commerce is among the highly recognised educational disciplines. A master’s degree in commerce is known as M.Com, and it is a two-year full-fledged UGC-accredited course. You can learn about stock markets, economic principles, finance, accounting, and non-profit flows while taking a course in this discipline. After earning a professional qualification in the commerce stream, the job prospects increase. Students with an M.Com degree get access to a wide range of professional opportunities because of the subject’s diverse knowledge base.

The content and pedagogy for M.Com have been upgraded to prepare students to meet the expectations and requirements of the business world. Because commerce grads are needed in all sectors, their job security is industry agnostic. It is widely recognised that every business, as well as every governmental and non-governmental organisation, requires these vital activities and competencies. Thus there is no shortage of work prospects in the market.

What is an M.Com course?

M.Com is a two-year master’s degree course offered by universities across India. It aims to provide students with in-depth comprehension of many facets of commerce and finance. M.Com is a brilliant choice for B.Com graduates since it provides a profound understanding of business and management, which is necessary for organisations to run smoothly. M.Com has a structure that enables the students to mix and match core and elective studies, assuring that every grad is well-versed in a wide range of subjects, making them highly appealing to employers.

Five reasons a Master of Commerce is the best decision that you will make

Finance is the heart of any business, so it necessitates competent administration and oversight, which individuals with the right qualifications and abilities can only perform. As a result, after completing their B.Com, applicants should pursue an M.Com. This will improve their chances of finding a better job. Let us have a sneak peek at the benefits of the M.Com course:

  • Huge employment scope after M.Com

M.Com is a degree-based programme that assists students in establishing a career in a rapidly expanding corporate world. Aspirants for the business sector benefit from specialising in commerce courses. The number of opportunities available after completing an M.Com degree is growing. M.Com degree holders have ample scope for the job in the following sectors:

  • Educational Institutes
  • Customs Department
  • Economic Consulting Firms
  • Commercial Banking
  • International Banking
  • Investment Banking
  • Accounting and auditing
  • Tax advisory services
  • Financial services
  • Insurance services
  • Government services
  • E-commerce sector

After completing the degree, M.Com grads can choose and apply for various jobs, like operation manager, finance consultant, investment banker, marketing manager, accountant, and business analyst. The salary offered in different professions varies from sector to sector depending upon the skills, qualifications, experience, and other specific demands of the recruiters. As freshers or at the entry-level, the average salary package offered varies from INR 3 lakhs per annum to INR 5 lakhs per annum. The experienced person can earn more than INR 8 lakhs per annum.

  • Opportunity to work in big audit firms

Big audit firms offer excellent employment opportunities. Working for a reputed accounting firm can also aid overall professional development and financial success. Working with top firms is among the main advantages of doing an M.Com. These graduates have a better chance of getting selected in such organisations. These multinational corporations need candidates who are well-versed in accounting and are familiar with worldwide accounting principles. 

Commerce graduates are exposed to a wide range of accounting and business concepts. As a result, they have earned the core knowledge to establish a successful career. They can enhance their knowledge by applying for ACCA or CPA certifications. The CPA (Certified Public Accountant) qualification is one of the most renowned post-M.Com employment alternatives. The American Institute of CPAs, or AICPA, is where CPAs get their credentials. Individuals with a CPA license have a thorough comprehension of the GAAP (Generally Accepted Accounting Principles) and strong accounting background. The ACCA course is offered by the Association of Chartered Certified Accountants institute. In multinational corporations and audit firms, these programmes are highly valued. If you’re an M.Com student, your firm grasp of accounting fundamentals will aid you in clearing these certifications, thus making you eligible to work with the best accounting firms across the country.

  • Opportunity to work in both the public and the private sector

Candidates with an M.Com degree have access to many opportunities, but some are more viable than others. All businesses and organisations are looking for specialised and skilled experts to increase profits wisely in today’s world. There are many M.Com jobs in both the private and public sectors, and you can also apply for positions in the government sector and corporate settings. So, you can’t deny that a career after M.Com. Among the possibilities are:

  • Senior Accountant
  • Corporate Secretary
  • Financial Controller
  • Investment Banker
  • Tax Consultants
  • Budget Analyst 
  • Auditor
  • Stock Broker
  • Chief Financial Officer
  • Lecturer/ Professor 
  • Account Assistant

After M.Com, you can conduct research in various areas. You can work for the government and private banks like SBI, PNB, Axis Bank, HDFC Bank, Union Bank of India, and others, as a Customer Relationship Executive or Probationary Officer. Also, you can appear for government examinations or apply for government positions. A few exams are held for the public sector and government positions at the national and state levels. The following are a few examples of these tests:

  • IBPS PO
  • SBI PO
  • RBI Grade B Officer
  • SBI Clerk
  • IBPS Clerk
  • UPSC CSE | IAS Exam
  • SSC CGL exam
  • RRB NTPC
  • LIC AAO

  • Ready for both jobs and entrepreneurship 

Students with commerce backgrounds can be new-age entrepreneurs because commerce is the driving force of economic development and business advancement. CA, CS, computer skills, advertising, digital marketing, business, finance and banking, management, accountancy, trade, product selling, technology, and web-based sales are all aspects of commerce.

A master’s in commerce makes a person ready for a job and entrepreneurship. Entrepreneurs should have a business mindset and accountancy education and should be familiar with the financial side of running a business. Getting an M.Com will educate you on how to think strategically about your business, while helping you comprehend the financial aspect of things. 

It assists you in viewing your company as a complicated system that is scalable and can expand to cover multiple goods or services. An M.Com educates you in accounting, payroll, taxation, and other legal areas to make you understand how to succeed in the long run. That is why many people believe an M.Com can enable you to become a successful entrepreneur.

  • Gives the upper hand in CA and related exams

M.Com will assist you in better understanding the CA subjects. Many of the topics covered in the M.Com curriculum are included in the CA course. Although topics covered in CA programmes are far more advanced than those covered in the M.Com course, being well-versed with the topics of M.Com benefits you by giving you an edge over your peers and fellow competitors. Many professional certification courses that can be pursued after M.Com are listed below:

  • Certified Financial Planner (CFP)
  • Chartered Global Management Accountant (CGMA)
  • Certified Public Accountant (CPA)
  • Chartered Certified Accountant (ACCA)
  • Chartered Alternative Investment Analyst (CAIA)
  • Financial Risk Manager (FRM)
  • Financial Modeling

M.Com grads have an added advantage of clearing these courses because of the knowledge and exposure during their master’s degree. 

Is M.Com a good degree?

M.Com graduates have access to some of the most prestigious positions in the workplace. The disciplines in this degree will prepare you to be a business expert. The country’s commerce and industry are booming right now, so if you pursue an M. Com, you will have no difficulty getting a job that pays well and offers good perks. The following factors make an M.Com degree a suitable option for students after graduation:

  • The M.Com degree can pursue higher education and research in this field, such as a Ph.D. or M.Phil. in Commerce.
  • M.Com degree recipients can pursue further education and careers in various areas of commerce, including statistics, taxation, accounting and finance, banking, and insurance, among others.
  • From accountant to an investment banker, money manager to personal financial consultant, a Master’s degree in commerce prepares for a wide range of occupations involving the flow of money.
  • A person can compete for the UGC-NET or JRF test after completing a master’s degree in commerce; success in these exams qualifies them to teach or do research.

M.Com salary range: 

Following is the M.Com salary range for various levels.

Entry-Level – INR 1.3 lakhs

Mid-Level – INR 3.7 lakhs

Top-Level – INR 10 lakhs

Why consider doing an online M.Com degree?

Professionals with an M.Com are in high demand across various professions and industries. An M.Com course can now be taken online by anyone, from a recent graduate to a working professional. Following are the benefits of enrolling in an online M.Com course:

  • Flexibility

The most significant benefit of earning an online master’s degree in commerce is the flexibility in pursuing a profession while juggling a job and other obligations. Due to its adaptable timelines, an online M.Com programme will give you plenty of chances to hone your abilities.

  • Transcend physical constraints

Students’ options for an M.Com course are often constrained because of their geographic location. However, when it comes to online classes, this is no longer a problem. You can enroll in an internationally approved online M.Com degree even if you live in a village.

  • Favourable educational atmosphere

You may take classes online from anywhere — whether it’s your home, workplace, or even while travelling. All you require is a digital gadget such as a laptop, smartphone, or a tab with a stable internet link.

  • Interaction at the global level

Learners from all over the world enroll in an educational institute such as Manipal University Jaipur’s online M.Com programme. It creates an academic environment more diverse and allows you to interact with people from different backgrounds. It’s a great path to meet people whilst learning about different cultures. As a result, online M.com degree programmes provide you with the best work chances worldwide.

Pursue an online M.Com from Manipal University Jaipur

Manipal University Jaipur offers an extensive Masters in Commerce online programme that equips participants with a solid understanding of all the commerce, business, and finance concepts. You’ll develop a thorough understanding of key business notions, allowing you to tackle real-world problems and provide meaningful solutions. A comprehensive curriculum covering technical financial and accounting operations, the legal system of the company, export and import legislation, economic plans, and other issues affecting business will help you gain a wider grasp of essential business operations.

The expert faculty of the university lead the classes, and develop online M.Com curriculum and study material. You can access the course material on the state-of-the-art learning management system (LMS), which can be access from anywhere at any time using any device connected to internet. The course fee is only INR 1,00,000, you can pay the amount in semester-wise instalments. No-cost EMIs also available to make the fee payment.     

Conclusion

The field of commerce is extremely diverse and exciting. Earning a degree in the commerce field might be an excellent choice for anyone who wants to work in the best organisations or industries in the world. In reality, M.Com is a better choice for individuals aiming for the highest ranks in the sector. As a result, all of India’s best management universities have incorporated this two-year degree programme into their educational offerings. So if the business is one’s passion, there is no need to challenge traditions or other cultural restraints. Seek the top online M.Com professional opportunities in this rapidly-changing environment to help you navigate with excellent ratings. Hope we cleared all your doubts regarding – “What are the benefits of M.Com degree?” So, sign up for an online M.Com course from a renowned institute for an alluring career.

MBA IT & FinTech course syllabus

Currently, India is one of the world’s fastest-growing Financial Technology (FinTech) markets. There are many ways the FinTech revolution has changed people’s lives in this country. FinTech has enabled the use of artificial intelligence and machine learning to assess investment opportunities, reduce risks, and much more. According to industry estimates, India’s FinTech market is expected to grow to $140 billion by 2023. FinTech’s global impact is one of its most notable features; it’s not just in India anymore; it’s spreading to countries like China, North America, Europe, etc. 

With such a broad scope, the opportunities for people interested in a career in FinTech are virtually limitless. MBA in FinTech programmes offered by many reputable institutes assist professionals in achieving their goal of advancing to management positions in the FinTech sector. FinTech Management is a thorough understanding of the logical structure of business, new and old management, and marketing concepts, theories, and ideas. MBA in FinTech Management is a cutting-edge course that many students and working professionals are interested in.

This article will go over all pertinent information about Manipal University Jaipur’s MBA IT and Fintech programme to help you make an informed career decision.

What is MBA in IT & FinTech? 

MBA (Masters in Business Administration) in IT & FinTech is a programme that enables students to bridge the gap between management and cutting-edge financial technology innovation and its applications in banking, finance, and insurance. Professionals who want to work in the information technology or financial technology sector in a management capacity should consider pursuing an MBA in information technology and FinTech as an elective option. 

In terms of earning potential and gaining entry into this rapidly evolving industry, it will provide students with the much-needed career boost they need. This will explain all the FinTech innovations such as blockchain, design thinking, digital advisory, trading systems, artificial intelligence and machine learning, equity crowdfunding, peer-to-peer lending, and mobile payment systems. As a result of this elective, you’ll be able to land a high-paying position in the burgeoning FinTech startups, banking, and non-banking financial companies. 

What are MBA IT & FinTech subjects? 

As part of the programme, students can expect to learn about the changing landscapes of financial markets and the mental tools and frameworks they will need to anticipate and capitalise on future FinTech trends. MBA IT syllabus covers the following subjects:

  • Technology Management
  • Business Intelligence and Tools
  • Software Engineering
  • Database Management Systems
  • E-Commerce
  • Fintech Payments and Regulations
  • Enterprise Resource Planning
  • Cryptocurrency and Blockchain 

Online MBA IT & FinTech – semester-wise syllabus

An MBA in Information Technology course is divided into four semesters that focus on information technology and business. The syllabus is structured around the core and elective subjects.

The first year of an MBA in IT typically focuses on the fundamentals of management theory. Aspirants can tailor their electives to their specific areas of interest or specialisation within the field of work in which they hope to land a job after graduation.

The specialisations are a way for employers to better understand your strengths and match them to their job openings. MBA Information Technology students can work on their projects during final year projects, which will serve as a final test of all their knowledge and skills learned in the course of study.

Given below are the semester-wise details about the concepts covered during the two year MBA programme at Manipal University Jaipur. 

First semesterSecond semesterThird semesterFourth semester
Management Process and Organisational BehaviorProductions and Operations ManagementResearch MethodologyStrategic Management and Business Policy
Business Communication Financial ManagementLegal Aspects of BusinessInternational Business Management
Statistics for ManagementMarketing ManagementFour elective courses in the chosen areaBusiness Leadership 
Financial and Management AccountingManagement Information SystemFour elective courses in the chosen area
Managerial EconomicsOperational ResearchProjects
Human Resource ManagementProject Management 

The Third and Fourth-semester course syllabus for elective IT and Fintech is as follows:

ElectivesThird semesterFourth semester
IT and FintechDatabase Management System, Software Engineering Technology Management, Business Intelligence / ToolsE-commerce, FinTech Payments, and Regulations Cryptocurrency and Blockchain, Enterprise Resource Planning

MBA in IT & FinTech Management Projects

Doing a project in their chosen field of interest will encourage students to continue learning and develop the necessary skills to land a good job. They will be able to see the holistic perspective of the specialisation and programme they’ve chosen. Some of the project/thesis ideas one should do to gain knowledge are:

  • Digital Banking
  • Digital Wallets
  • Blockchain and cryptocurrencies
  • Crowdfunding solutions

Is an MBA in IT & FinTech a good option? 

FinTech MBA from Manipal University Jaipur is one of the top career options because:

  • Excellent job opportunities: An exciting new market is emerging in the field of IT and financial technology. The IT & FinTech industry is expanding at a breakneck pace, thanks to the prominence of digital payment systems, e-wallets, instant loan options, and cryptocurrencies. There are many job opportunities for Fintech management professionals, with a wide range of global opportunities as well.
  • Better earning potential: FinTech jobs in the banking and financial sectors can pay the highest wages, making it an excellent choice for MBA graduates to begin their careers. Students can look forward to better benefits and increased earning potential.
  • Become future-ready: The IT and FinTech elective in the MBA programme provides students with the opportunity to gain practical experience in the field. Some of the technologies that will change the way the financial sector operates are database management systems, technology management, software engineering, e-commerce, blockchain, FinTech payment systems, and ERP. The FinTech industry requires adaptable and creative managers who can assist banks in identifying and meeting new customer needs. Students who complete an MBA in IT and FinTech will be able to progress in their careers and remain relevant for the rest of their lives. 

What is the scope of an MBA in IT & FinTech?

FinTech is a good career choice because of the rapid advancement of technology and the growing demand for it. FinTech management professionals will have twice as much scope in the coming years as they do now, as the demand grows rapidly.

For MBA in IT and Fintech graduates, there are many career opportunities in different fields such as:

  • Data Science 
  • Artificial Intelligence and Machine Learning
  • Data Analysis
  • Wealth Tech and Robo Advisors
  • Risk and Compliance
  • Cybersecurity
  • Blockchain and Cryptocurrencies
  • Mobile App Development
  • Digital Lending
  • E-wallets and Payments 
  • Billing
  • Money Transfers
  • Peer to Peer lending 
  • Crowdfunding

Master your FinTech skills with an online MBA at Online Manipal

Organisations in today’s business world are looking for the next generation of leaders who can propel them to success. The online MBA programme at Manipal University Jaipur will help you strengthen your business acumen, develop leadership skills, and expand your professional network.

Students can benefit from Manipal University Jaipur’s placement assistant programmes. The vast network of professionals, academics, and alumni can assist students in building their professional network and preparing for interviews.

Eligibility

  • 10+2+3-year bachelor’s degree from a recognised university/institution, or an equivalent qualification as recognised by the Association of Indian Universities or other competent bodies, in any discipline
  • Minimum of 50% marks in aggregate (45% for reserved categories)
  • A valid score from any aptitude test (CAT/MAT/CMAT/XAT/GMAT).
  • Candidates without an aptitude test score need to appear and clear the online aptitude test conducted by Manipal University Jaipur as per admission norms to the MBA programme

Fee structure

NR 1,50,000 (all-inclusive) or INR 37,500 per semester (includes an examination fee of INR 5,000)

Student fees can be paid semester-by-semester through Manipal University Jaipur’s flexible payment options. The students can also check their eligibility for a scholarship and look into simple financing options like no-cost EMIs.

Duration

  • Minimum 2 Years divided into four semesters
  • Maximum 4 years

Affiliations

Manipal University Jaipur is accredited by NAAC, WES, AICTE, and ICAS, and is also recognised by the UGC. These certifications serve as evidence of the quality of their academic model, pedagogy, and curriculum, as well as a means for employers to verify the credentials of their graduates.

University Grants Commission (UGC) Regulations 2020 are used to design Manipal University Jaipur ‘s online degree programmes, which are recognised on the same level as on-campus programmes. Manipal University Jaipur’s online degrees are widely accepted by governments, corporations, and higher education institutions for jobs and education.

Certification programmes for Online MBA

For our students to prepare for the industry, Manipal University Jaipur provides them with additional tools and resources. Additionally, it provides free access to professional certifications, lectures by industry leaders, and courses from leading universities worldwide.

Some of the certification programmes are:

Management CoursesManagement Foundation Course- Finance, Marketing, others
New Age Management Courses – Digital Marketing, Business Analytics & others
IT CoursesNew age technology courses – Cloud computing, Data science & others

Programming & Testing – Java, Advanced C Programming & others

Conclusion

A decade ago, FinTech was non-existent. Currently, the sector is influencing the financial services industry around the world. Taxation, compliance, advisory services, and analytics are just a few of the many job opportunities. FinTech has the potential to provide massive employment opportunities for MBA graduates, ushering in a new era of financial innovation. Manipal University Jaipur is the place to go if you want to become a FinTech management expert and take your career to the next level. New-age FinTech managers must begin their training as soon as possible.

How to pursue two degrees simultaneously in India?

Last month, the University Grants Commission (UGC) made a significant announcement for students in India. India’s top higher education regulatory body released guidelines detailing the process to pursue two academic programs simultaneously. This has been welcomed with open arms by the student community. It is being seen as a dream come true for students who have been demanding dual degrees for a long time now. 

The UGC announcement

In a letter to vice-chancellors of all universities, the UGC said the Commission examined the issue of allowing students to pursue two academic programs simultaneously based on National Education Policy (NEP) 2020, which emphasizes the need to facilitate multiple pathways to learning involving both formal and non-formal education modes. The letter requested all the universities and their affiliated colleges/institutions to implement the guidelines for students’ benefit. 

How does one get two simultaneous degrees?

By approving this novel proposal, UGC aims to meet the recommendations envisaged in the NEP 2020. The Education Policy has proposed promoting each student’s holistic development in academic and non-academic spheres by fostering their uniqueness. It also recommends eliminating hard separations, hierarchies, and silos between different areas of learning, such as separation between arts and science subjects, curricular and extracurricular activities etc. NEP also promotes multidisciplinary studies across various streams and seeks to enable facility for studying one or more specialized areas of interest. 

The guidelines further elaborate on the scope of the simultaneous dual degrees. Students can pursue any academic program except PhD programs under this scheme as per the university regulations. 

  1. A student can pursue two full-time academic programs in the physical mode provided the class timings for one program do not overlap with the class timings of the other program.  
  1. A student can pursue two academic programs, one in full-time physical mode and another in Open and Distance Learning (ODL)/Online mode; or up to two ODL/Online programs simultaneously.  
  1. Degree or diploma programs under ODL/Online mode shall be pursued with only such HEIs which are recognized by UGC/Statutory Council/Govt. of India for running such programs.  
  1. Degree or diploma programs under these guidelines shall be governed by the Regulations notified by the UGC and also the respective statutory/professional councils, wherever applicable.  
  1. These guidelines shall come into effect from the date of their notification by the UGC. No retrospective benefit can be claimed by the students who have already done two academic programs simultaneously prior to the notification of these guidelines. 

Benefits of pursuing two degrees in parallel

As stated in the UGC guidelines, pursuing two academic programs are beneficial for students. It may help them gain knowledge from two disciplines or courses on two levels. For example, a student can enroll in a technical program while pursuing a humanities course. Let’s find out more benefits: 

  1. Expertise in two or more disciplines or subjects: You can enroll in two programs in the same disciplines or different disciplines. It will help you specialize in more than one subject/discipline, which would be beneficial for you to continue higher education and do interdisciplinary research. 
  1. Learning from two institutions: The UGC chairman stated in his press conference that a student can pursue two programs from the same university or different universities. “The degrees can either be pursued from the same or different universities,” said M Jagadesh Kumar, chairperson of UGC. “If a student is doing BA (economics) as a day scholar in the physical mode, the student will also have the opportunity to do another degree program of the same level in a nearby university maybe as an evening program,” he further explained. It can be done as per the scheme devised by the respective universities. Thus, you will get the learning experience of two institutions at the same time. 
  1. Gaining multiple skill sets: Pursuing two academic programs at a time will help you acquire multiple skill sets from one or more disciplines or domains. For example, if you are pursuing an M.Sc. Computer Science degree in regular mode in Manipal University Jaipur, you can enroll in an online MBA at Online Manipal. This way, you could have both technical skills in Computer Science and managerial skills by the time you graduate. It may enable you directly enter a manager level job. Being skill-rich will improve your employability prospects. 
  1. Alumni status from two HEIs: Obtaining an alumni status from prestigious institutions boosts professional status and would be helpful throughout one’s professional life. Pursuing two academic programs at a time will help you acquire the alumni status of two institutions. As a result, you can enjoy the alumni benefits of two institutions and build a strong professional network, that will assist you in finding lucrative jobs and advancing in your career. 
  1. Better career opportunities: Pursuing two academic programs simultaneously is an advantage for all graduates in terms of career opportunities. You will have job options in more than one domain. If you are unsuccessful in finding a job in one subject, you can highlight the other subject in your resume to land a job related to that domain. You can also switch your domain or job effortlessly when you wish to shift your career trajectory in future. 

Can you do dual degree through Online Manipal?

An online degree can be the best second option to pursue with a physical degree program. Online Manipal is a brilliant platform to do two online degree programs in parallel. As per the guidelines, students pursuing a physical or regular program can enrol in either another regular program or distance or online program. Students who pursue a regular course at Manipal University Jaipur can enrol in any of our online degree programs through the Online Manipal platform to gain more knowledge and in-demand skills to prepare for future workplaces. 

Online Manipal offers a few undergraduate, postgraduate, and PG certificate courses from institutions under the prestigious Manipal Group. Currently, Online Manipal offers UGC-entitled online BBA, BCA, B.Com, MBA, MCA, M.Com, and MA JMC from Manipal University Jaipur (MUJ); and M.Sc. Business Analytics, M.Sc. Data Science, MBA, and two PG Certificate Programs (PGCP) in Business Analytics and Logistics & Supply Chain Management from the premier Manipal Academy of Higher Education (MAHE). 

You can pursue the online degrees at Online Manipal from the comfort of your home at your convenient pace. Expert academicians at Manipal designed the online degree curriculum with inputs from the industry. The platform also provides placement assistance to students to find suitable jobs and thrive in their careers. 

Who is eligible for dual degree at Online Manipal?

  • Students of MUJ who are pursuing on-campus undergraduate and postgraduate programs are eligible to apply for a simultaneous online program.

Who should enroll for a second degree?

  • On-campus UG students looking to pursue a second bachelor’s degree program
  • On-campus PG students looking to pursue a second master’s degree

Conclusion

The UGC has fulfilled a long-time demand of students by approving simultaneous dual academic programs. Once implemented, this scheme will be beneficial for students to acquire multiple skill sets that will allow them to excel in their careers. We at Online Manipal are excited about the news and are looking forward to seeing this through to implementation. 

We believe that this decision will revolutionize the higher education sector in India. What do you think? Do share your thoughts with us. 

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