How to get a B.Com degree through online mode

The rapidly evolving technological era has made online learning a distinct reality in India. Getting a degree online is emerging as one of the most convenient and reliable ways to gain a certification and boost your professional portfolio. Moreover, online degrees are being increasingly preferred by students and working professionals alike for the flexible learning structure they offer, enabling learning in parallel to keeping up with work commitments and priorities. This blog highlights the importance of an online BCom degree and how it holds relevance for future career growth for graduates.

Understanding the B.Com Course

The average duration of an online BCom degree in India is estimated to be roughly 3 years. This 36-month duration is equally divided into 6 semesters, with each year covering 2 semesters, spread out over roughly 15-20 hours per week of classes for students. This flexibility and convenience that the online BCom degree provides to students is unparalleled to any conventional on-campus degree, particularly favorable for students who are into regular or part-time jobs.

The online BCom course is designed to offer students the basic foundation in the commerce domain. The program contains a comprehensive curriculum, with specializations offered in other subjects as well, including accounting, marketing, business, finance, human resources, and more. 

The detailed curriculum of the online B.Com degree is listed as follows:

First semester

• Fundamentals of Accounting I
• General English
• Principles of Business Management
• Economic Theory
• Business Organization

Second semester

• Fundamentals of Accounting II
• Computer Awareness and Internet
• Economic Environment in India
• Marketing Management
• Fundamentals of Entrepreneurship and Innovation
• Business Law

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Third semester

• Cost Accounting
• Business Communication
• Financial Statement Interpretation
• Financial Management
• Business Statistics

Fourth semester

• Corporate Accounting
• Indirect Taxes
• Human Resource Management
• Financial Services
• Environmental Science

Fifth semester

• Money and Banking
• Management Accounting
• International Trade and Finance
• Investment Options & Mutual Funds
• E-Commerce

Sixth semester

• Business Environment
• Entrepreneurship Development
• Dissertation
• Principles and Practice of Auditing
• Direct Taxes  

Eligibility criteria for online B.Com degree in India

Students keen on applying for a B.Com course online must have completed a minimum of 10+2, either in the Commerce stream or any other relevant field, from a recognized national or state educational board in India. Alternatively, a 10+3 diploma from a recognized national or state board is equally acceptable for admission to online B.Com courses. In addition, all applicants are required to have obtained a minimum of 45% aggregate in their 10+2 or diploma certifications. 

Also read: What are some key skills for a B.Com fresher?

Scope of a B.Com degree 

B.Com is one of the oldest conventional degrees in the world that continues to hold relevance even today. With the rapid popularity and easy availability of the course online, several students are opting for online B.Com degrees in India and worldwide. A consistently growing demand for commerce graduates is felt in various industries, such as finance, business management, accounting, and banking. Some of the prospective career opportunities that seem to open up for graduates of online B.Com degrees are listed below: 

• Budget Analyst: They conduct research and analysis on the overall budget of the organization, assisting them in better structuring and allocating their overall financial resources for the effective achievement of their financial goals.

Average annual salary (approx): INR 10.5 lakh per annum

• Tax Consultants: They are responsible for preparing tax payments, offering advice and suggestions to clients on tax-related matters, and ensuring adherence to tax regulations. 

Average annual salary (approx): INR 6.6 lakh per annum

• Cost Accountant: They help organizations make effective use of their financial resources and boost their overall profits. 

Average annual salary (approx): INR 6 lakhs per annum

• Business Development Executive: They research and strategize the latest trends in the market, and are responsible for sales and making relationships with clients by employing effective communication skills. 

Average annual salary (approx): INR 4.6 lakh per annum

• Financial Planner: They assist clients in managing their finances better and achieving their overall financial objectives. Their advice revolves around subjects like investments, tax planning, real estate planning, budgeting, retirement, and insurance. 

Average annual salary (approx): INR 4.5 lakh per annum

Advantages of a B.Com Degree

Some of the top benefits of opting for a B.Com degree at the undergraduate level are as follows:

• It is highly versatile: Pursuing an online B.Com can help equip students with a host of industry-relevant skills such as in finance, accounting, and management. This enables these students to adapt to multiple roles in all of these sectors, which facilitates their career growth. 

• It lays the foundation for professional courses: A B.Com degree often serves as the ideal foundation course for students to pursue a wide array of professional certification courses later on. These include CMA, CA, ACCA, or CS.    

• It enables self-employment: Graduates in B.Com are well-prepared to start their business practice. They acquire the necessary skills through the course to start an independent business venture and chart out their preferred career path.

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Reasons to Pursue a B.Com Degree Online

We looked at some of the top benefits of pursuing a B.Com course at the undergraduate level. Let us now look at some specific advantages of taking up the degree program online:

• It is relatively affordable: Online B.Com degrees are generally more cost-effective compared to conventional campus degree programs. This is because they save up on costs involved in commutation, buying books and study materials, and also infrastructure costs.

• It offers a flexible learning structure: Students enjoy the freedom of choosing when to study, where, and how. This allows them the comfort and flexibility of studying at their own pace and managing a healthy work-life balance.

• It facilitates easy access to top-quality learning: Online degree courses have brought the best-quality education to our doorsteps. This is particularly true for people residing in remote parts of the country who earlier couldn’t enjoy quality learning because of constraints on accessibility to top universities and institutions. Online learning however has brought these courses from some of the top international universities to students living in any part of the world.

Higher Education Possibilities Post Online B.Com  

After completing an online B.Com degree, you may consider pursuing higher education in related or relevant domains of study. Some of the most popular courses after online B.Com preferred by most B.Com graduates are listed below for your reference:

• MBA: This is one of the most widely-preferred course options among many B.Com graduates. An MBA with a specialization in finance or accounting is one of the most natural choices among students aspiring for career growth and profitable avenues after graduation. An MBA degree equips these graduates with the necessary managerial and leadership skills, enabling them to assume top job roles in their respective sectors.

• Specialized Master’s Programs: This is yet another option to explore after completing a B.Com. You may choose to pursue specialized Master’s programs in commerce, finance, taxation, or international business, and enhance your knowledge base and skill sets. An MCom degree boosts your chances at higher pay, and more rewarding career prospects, and also presents you as a credible resource in your specific domain.

• Professional Certifications: An online B.Com degree can be the ideal pathway to pursuing additional professional certifications, such as CA, CS, or CFA. These certifications add value to your professional portfolio, making you appear as an expert in the industry. Most importantly, the certification courses equip students with the much-desirable industry-specific skills that are essential for promising career opportunities in the future. 

Take your career forward with Online Manipal

Manipal University Jaipur offers students the chance to propel their careers by offering an online B.Com degree that is a perfect blend of convenience and enhanced value. The degree can be pursued in 100% online mode, which guarantees a flexible learning structure for the students. They can choose to pursue the course anytime, anywhere, and at the pace of their choice. The course is an ideal choice for working professionals, who can still keep up with their work commitments while pursuing the degree in parallel online. 

Conclusion

Pursuing a B.Com degree through online mode via the Online Manipal platform is one of the best choices you can make for a career in the world of finance or accounting. The flexibility that the course offers, in addition to unlocking multiple promising career opportunities for graduates, is what makes the program appealing to several students. The most attractive feature of studying the course online is the online B.Com degree fees. The course is relatively more affordable than a conventional campus degree. Choose online B.Com from Manipal University Jaipur and chart out a successful career path for yourself.