Top Online/Distance M.Com University in Mumbai

Mumbai, India’s financial capital, attracts not only job seekers across the country but is also termed as one of the most prominent destinations for learners, looking for a high-quality education. Those looking to pursue their career in finance and management through flexible and affordable courses, the city offers numerous UGC-approved universities that provide online and distance courses, such as a Master of Commerce (Mcom).

With the growing demand of modern learners, which focuses on skill-based learning, anonline M.com coursehas gained massive popularity among working professionals, finance aspirants, and commerce graduates. This 2-year postgraduate program can be pursued by any bachelor’s degree in a relevant subject or a B.Com degree holder to equip themselves with in-depth expertise in accounting, finance, taxation, economics, and business analytics.

Students from Mumbai or any other location can no longer be bound to on-campus programs; they can now opt for their desired university without worrying about commuting or relocating by choosing an Online/distance Mcom courses in India.

In this blog, Education Mitra highlighted some of the top online/distance M.com University in Mumbai, offering quality education through flexible, accessible, and affordable learning, along with a recognized degree. To know more about online courses, getpersonalized guidance, and explore 100+ colleges and courses.

Top 3 Distance/Online M.Com University in Mumbai

After completing a bachelor’s degree in commerce or another relevant subject, pursuing an online Mcom course would be a great choice, especially for working professionals, housewives, and remote learners. With this degree program, they can enhance their expertise while managing their jobs and family responsibilities.

If you are someone living in the city of dreams, and looking to upgrade your education level with an online and distance Mcom program in 2026, check out the listedonline/distance collegesbelow to refine your research.

1. University of Mumbai – Institute of Distance & Open Learning (IDOL)

TheUniversity of Mumbai, established in 1857, is one of India’s oldest and most respected public universities. Its Institute of Distance & Open Learning (IDOL) offers affordable and UGC-recognized postgraduate commerce programs. The M.Com program is widely preferred by students preparing for CA, CS, CMA, NET, and government examinations.

Course Name
Mode
Duration
Eligibility
Fee Structure
Master of Commerce
Open Distance Mode
2–4 Years
Bachelor’s Degree in Relevant Subject or Equivalent
Rs. 17,233*

2. Indira Gandhi National Open University (IGNOU)

IGNOU is India’s largest open university and a trusted name in distance education. With multiple regional and study centers across Mumbai, IGNOU offers a flexible and affordable M.Com program suitable for learners from diverse academic and professional backgrounds.

Course Name
Mode
Duration
Eligibility
Fee Structure
Master of Commerce
Open Distance Mode
2–4 Years
Bachelor’s Degree in Relevant Subject or Equivalent
Rs. 20,000*

3. Amity University (Amity Online)

AlthoughAmity UniversityOnline operates nationally, it has a strong learner base in Mumbai due to its flexible online delivery, NAAC A+ accreditation, and UGC approval. The online M.Com program focuses on financial management, accounting practices, and business analytics.

Course Name
Mode
Duration
Eligibility
Fee Structure
Master of Commerce
Online Mode
2–4 Years
Bachelor’s Degree in Relevant Subject or Equivalent
Rs. 1,20,000*

Note: Fees and program details are subject to change. For the latest updates, refer to official university websites or consultEducation Mitra.

Online M.Com Course Specializations, Job Profiles & Salary Trends

An online/distance M.com course prepares students to thrive in the corporate industries with exceptional finance, accounts, and funds management. The graduates can work in the banking sector, financial service providers, academia, and the fund management departments.

The Mcom degree holders may earn between INR 4-7 LPA initially. However, based on specializations, experience, and productivity, the salary packages may increase significantly.

Typical Job Profiles
Indicative Average Salary (Early Career)
Accountant / Accounts Executive
₹4 – ₹6 LPA
Financial Analyst
₹5 – ₹7 LPA
Tax Consultant / GST Executive
₹4 – ₹6.5 LPA
Banking & Finance Officer
₹4.5 – ₹7 LPA
Business Analyst
₹5 – ₹8 LPA
Teaching & Academic Roles (with NET)
₹4 – ₹6 LPA

The most common specializations are:

• Accounting & Finance
• Advance Accounting
• Taxation
• Banking & Insurance
• Business Analytics
• Economics
• Financial Management
• Auditing

Final Thoughts

Pursuing a Master of Commerce through online and distance learning mode in 2026 would be an ideal choice for those looking to upgrade their career prospects and acquire new skills while managing their jobs and family responsibilities. Online and distance course offers freedom to learn from any location, yet some students prefer a nearby college for better engagement. Thus, these online/distance M.com University in Mumbai are popular among the learners.

You can also explore the top Online/distance Mcom universities in India that offer world-class education with an inclusive learning environment at an affordable cost.

For expert guidance, eligibility checks, fee comparisons, and admission support, book afree career counseling sessionwith Education Mitra. Our experienced counselors will help you choose the most suitable university and program with complete clarity and confidence.