Distance B.Com in Econometrics: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 3 Years
  • type of course Under Graduate
  • course stream Commerce
  • course type Distance
Written By universitykart team | Last Updated date Oct, 09, 2024

(1). About the Distance B.Com in Econometrics Course

An undergraduate degree in the discipline of commerce that may be earned through distant learning is the Bachelor of Commerce. After completing the Higher Secondary (10+2) curriculum with a cumulative GPA of 45–50%, one may apply for acceptance to the distance-learning B.Com program.

Online certification programs for current education are excellent and simple to obtain, with live lectures, discussion boards, and visual lessons. As a result, after completing grade 12, students can take online learning courses to advance their professions. They are therefore a convenient and adaptable solution for anyone who wish to study, regardless of where they live as long they're able to have a connection to the Internet.

When earning an advanced Bachelor of Commerce (B.Com) in Econometrics, students combine core business concepts with in-depth knowledge of statistics and economics. The course explores advanced subjects such as series analysis, statistical approaches for econometric and applied micro econometrics while also covering fundamental concepts in mathematics, macroeconomics, and microeconomics. The program includes classes in visualization of data, research methodology, and quantitative business strategies, with a particular focus on data analysis.

Students learn about management economics, international commerce, and financial markets, giving them the opportunity to use econometric methods in real-world economic problems. The curriculum ends in an end-of-year assignment that probably entails using econometric techniques in practice to tackle pertinent economic problems. Because program formats might differ between schools, prospective students should check with that university directly for the most precise and recent course information.

Course Highlights:- Distance B.Com in Econometrics

Check the important course details Distance B.Com in Econometrics in the table given below:

Particular Value
Course Name Distance B.Com in Econometrics
Course Level UG Level
Course Duration 3 Years
Eligibility Criteria 10+2
Entrance Exams NMAT,CUET,DELNET,SET,IPU CET,AET,NETVUEE
Admission process Admission Based On Merit.
Examination Type Semester based
Age No age limit
Average Annual Fees INR 20,000 – 30,000
Average Annual Salary INR 3,00,000-7,00,000
Top recruiters Accenture, Deloitte, KPMG, Ernst & Young, Infosys, Citibank, HDFC Bank, ICICI Bank
Job Profiles Economic Analyst, Data Scientist, Business Analyst, Research Analyst, Financial Analyst

Why is the study of Distance B.Com in Econometrics Important?

Students who pursue a Distance B.Com in Econometrics get the expertise and understanding necessary to use statistical methods and tools to examine complicated economic data. This makes it possible for them to find significant links and patterns in the data.

By calculating the effect of many factors on economic outcomes, econometrics enables people to make educated decisions. This is especially helpful for strategic planning and policy evaluation since it enables people to comprehend the possible effects of various decisions.

Students that study econometrics get forecasting skills that enable them to foresee economic trends & behaviors. Businesses and governments can benefit from this because it enables them to plan ahead and take proactive actions as they deal with anticipated changes.

(2). Admission Process for a Distance B.Com in Econometrics

The admissions process for the course Distance B.Com in Econometrics may vary depending on the school to which you are applying.

Types of Distance B.Com in Econometrics Courses

Part-time and remote alternatives are available to applicants for the route.

(1). Distance Remote or Online: Is intended for those unable to attend regular sessions; The web-based B.Com in Econometrics is a preferred alternative.

(2). Part-Time: The part-time course is aimed at professionals who are currently employed and cannot take time off to study full-time. A part-time course will be of great benefit.

Distance B.Com in Econometrics Eligibility Criteria

Below are some important factors to consider when submitting your application form:

(i). Applicant must have completed 10+2 on an approved board.

(ii). To be accepted for this position, the candidate must pass all subjects in 10+2.

(iii). The course is available to candidates of all disciplines.

Distance B.Com in Econometrics Admission process

Important steps for the admission process are given below:

(i). Applicants should have a minimum age limit of 18.

(ii). Applicants should have passed 10+2 from an authorized board.

(iii). Students may have to attend the interview after the application process.

(iv). Some of the institutions may have entrance examinations to shortlist the students.

Some institutions may select students based on a first come first serve manner.

Distance B.Com in Econometrics Accepted Entrance Exam

In India, entrance exams for distance-learning bachelor's degrees in commerce are often held at the university level. The following are the most popular tests for which most applicants register:

SET NMAT
IPU CET IGNOU
DU JAT CUET
AET NETVUEE

Distance B.Com in Econometrics Skills Required

Here are some of the key skills a candidate should possess when considering taking a Distance B.Com in Econometrics:

Creativity Responsible
Observation skills Communication skills
Confidence Commitment
Pleasant personality Willingness To Adjust For Long Working Hours

Distance B.Com in Econometrics Fee Structure

The fee structure for a top college’s distances B.Com in Econometrics course is listed below:

Name of College Average Annual Fee(INR)
Indira Gandhi National Open University (IGNOU),New Delhi INR 6,000
Yashwantrao Chavan Maharashtra Open University (YCMOU),Pune INR 8,000
University of Delhi, School of Open Learning (DU SOL),New Delhi INR 10,000
Lovely Professional University (LPU),Phagwara, Punjab INR 22,700
Sharda University,Gurugram INR 25,000
Narsee Monjee Institute of Management Studies (NMIMS),Mumbai INR 33,000
Annamalai University,Chidambaram INR 12,000
Pondicherry University,Puducherry INR 10,000
Alagappa University,Karaikudi, Tamil Nadu INR 15,000

Distance B.Com in Econometrics Selection Criteria

The Distance B.Com in Econometrics selection process is done based on the marks obtained in 10+2. The minimum percentage should be 45 to 50% in 10+2 to get an administration in Distance B.Com. in Econometrics. Some colleges conduct interviews to screen the students.

(3). Course Comparison

Distance B.Com. in Econometrics v/s BBA Finance And Accounts
Parameter Distance B.Com. in Econometrics BBA Finance And Accounts
Course Name Distance B.Com. in Econometrics BBA Finance And Accounts
Course Overview When earning an advanced Bachelor of Commerce (B.Com) in Econometrics, students combine core business concepts with in-depth knowledge of statistics and economics. The course explores advanced subjects such as series analysis, statistical approaches for econometric and applied micro econometrics while also covering fundamental concepts in mathematics, macroeconomics, and microeconomics. A course in undergraduate commerce is the BBA Finance And Accounts. Accounting, financial planning, economics, and other related areas of operation in any organization or business are studied in the Bachelor of Business Administration program in Accounting & Finance.
Duration 3 Years 3 Years
Eligibility Passed 10+2 from an authorized board. Passed 10+2 from an authorized board.
Entrance Exams NMAT,CUET,DELNET,SET,IPU CET,AET,NETVUEE CUET, NEET, JEE, SAT
Average Annual Fees INR 20,000 – 30,000 INR 50,000-13,00,000

(4). Top Distance B.Com in Econometrics Colleges

Numerous colleges around the nation offer distance B.Com in Econometrics programs. Following are some of the best universities that offer this programme, along with more information:

Name of College Location
Indira Gandhi National Open University (IGNOU) New Delhi
Yashwantrao Chavan Maharashtra Open University (YCMOU) Pune
University of Delhi, School of Open Learning (DU SOL) New Delhi
Lovely Professional University (LPU) Phagwara, Punjab
Sharda University Noida
Narsee Monjee Institute of Management Studies (NMIMS) Hyderabad
Annamalai University Chidambaram
Pondicherry University Puducherry
Alagappa University Karaikudi, Tamil Nadu
Symbiosis Centre for Distance Learning Pune

(5). Job & Placements

Following are some of the jobs profiles available after a Distance B.Com in Econometrics:

Job Profile Job Description
Bank Manager A bank manager oversees a particular bank branch, manages their team, and oversees day-to-day activities. A bank manager's primary duty is to lead a team and increase sales by providing excellent customer service. A bank manager's responsibility is to hire and train new staff, evaluate worker performance, consult with clients, and build relationships with the community to draw in lots of consumers and increase profit.
Financial Analyst The primary responsibility of a financial analyst is to evaluate and pinpoint potential sources of income as well as risks to a company's assets or success. They are employed in financial services, marketing, private banking, trading, and loan administration. Market, credit, and operational risks are also managed by a financial analyst.
Investment bankers Investment bankers handle various financial aspects of the investment endeavors that organizations approve. They are investment professionals who combine strong analytical abilities, knowledge of the financial services sector, and persuasive communication abilities to assist institutional clients in a variety of activities such as mergers, capital raising, and acquisitions.
Foreign-Exchange Officer The most sought-after jobs in the banking industry are those in foreign exchange, loan officers, business analysts, audit clerks, financial risk managers, internal auditors, financial service representatives, bookkeepers, credit analysts, bank tellers, and financial managers.
Financial Accountant A financial accountant's primary duties include managing tax payments, creating budgets, and conducting internal audits. You will serve as a consultant for top management in this position for doing cost and revenue analyses. To be a financial accountant, you must hold a degree in accounting and the necessary professional experience.
Equity Analyst Producing forecasts, research summaries, and stock and company recommendation suggestions is the primary responsibility of equities analysts. They also provide financial advice to individuals, brokers, investment advisers, and investors using their expertise. An equity analyst gathers and evaluates information on bonds and stocks, makes forecasts, and builds economic models to help investors make wise judgments about potential investments.
Econometrician A trained economist known as an econometrician analyzes and models economic data using statistical and mathematical methods. They are essential in predicting economic trends, assessing policies, & doing research to help decision-makers in many businesses make well-informed choices. To make inferences about economic events, econometricians frequently use large data sets, statistical tools, and also econometric models.

Top Recruiters for a Distance B.Com in Econometrics

Listed here some of the top recruiters who hire after completion of a Distance B.Com. in Econometrics are as under:

Deloitte India ICICI Bank
Infosys HDFC Bank
KPMG India Kotak Mahindra Bank
Accenture State Bank of India (SBI)
Goldman Sachs Bajaj Finance
Morgan Stanley IndusInd Bank
Citibank Tata Capital
HSBC Axis Bank
JP Morgan Reliance Capital

Average Salary for a Distance B.Com in Econometrics

Depending on their position, graduates may earn varying quantities of money In addition to qualifications, location, and field of work, several other variables may influence the income of a Distance B.Com in Econometrics India.

In addition, as candidates gain more experience and exposure to the real world, they may advance to better positions and receive higher pay grades A graduate with a Distance B.Com. in Econometrics typically earns between INR 3,00,000 to 7,00,000 per year.

Job Role Salary (Annually)
Financial Analyst INR 4,00,000 - INR 8,00,000
Data Analyst INR 3,00,000 - INR 6,00,000
Research Analyst INR 3,00,000 - INR 7,00,000
Business Analyst INR 4,00,000 - INR 8,00,000
Econometrician INR 5,00,000 - INR 10,00,000

(6). Career/Scope after Distance B.Com in Econometrics

In comparison to individuals who complete full-time, on-campus programs, those who complete a distance-learning B.Com in Econometrics might discover it a little harder to get employment since some businesses may believe that traditional education is superior. Full-time students frequently have more opportunities to network with people who can support them in finding employment and gaining practical experience.

Additionally, many Econometrics positions call for certain licenses or qualifications, which full-time degrees may better prepare students for. However, distance learning is gaining popularity, and people may raise their employment prospects by obtaining the necessary credentials, networking online, and doing internships. How hard individuals work, what talents they possess, and what companies are seeking will determine their success in locating an Econometrics position.

Career options for Distance B.Com in Econometrics

Potential careers After completing the Distance B.Com in Econometrics including banking, financial services, BPOs, banking information departments, stock exchanges, and much more, with good pay and stable employment. Examples of these occupations include economic cost accountant, financial management as an administrator, business analyst, operations consultant, investment banker, and many more. These are few, and you may even look farther for other work opportunities in this industry.

(i). Financial Analyst.

(ii). Data Analyst.

(iii). Research Analyst.

(iv). Business Analyst.

(v). Econometrician.

Scope for Higher Education for a Distance B.Com in Econometrics

You have a variety of alternatives and a broad scope for your B.Com course if you decide to pursue higher education. Following the B.Com course, you can choose from the courses below:

(i). Master of Commerce (M.Com).

(ii). MBA.

(iii). Master of Arts (MA).

Skills that make you the Best in Distance B.Com in Econometrics

Here are some of the skills that make you the best in Distance B.Com in Econometrics

(i). Good communication and interpersonal skills.

(ii). Analytical and problem-solving skills.

(iii). Leadership skills.

(iv). Teamwork skills.

(v). Time management.

(vi). Decision-making skills.

(vii). Critical thinking.

(viii). Public relations.

(ix). Strategic planning skills.

(7). FAQs for a Distance B.Com in Econometrics

(1). What is a distance-learning B.Com in Econometrics?

Ans. Students learn about management economics, international commerce, and financial markets, giving them the opportunity to use econometric methods in real-world economic problems. The curriculum ends in an end-of-year assignment that probably entails using econometric techniques in practice to tackle pertinent economic problems.

(2). What is the average fee structure for a Distance B.Com in Econometrics?

Ans. The average Distance B.Com in Econometrics fees charged by colleges or universities in India lies anywhere between INR 20,000 – 30,000 per year.

(3). What is the expected salary for a Distance B.Com in Econometrics?

Ans. The expected salary for a Distance B.Com in Econometrics for a graduate is INR 3,00,000-7,00,000 per annum.

(4). What are the requirements for admission to a distance-learning B.Com. in Econometrics?

Ans. Candidates must have completed their 10+2 coursework with a score between 45 and 50% to be eligible for the distance-learning B.Com Econometrics in program.

(5).What is the application procedure for the distance-learning B.Com. in Econometrics?

Ans. The Distance B.Com in Econometrics admissions procedure is based on merit and entrance test.

(6). What is the duration of a Distance B.Com in Econometrics?

Ans. Distance B.Com in Econometrics is a three year course segregated into four equal semesters of 6 months.

(7). What are the best exams for admission to the distance B.Com. in Econometrics program?

Ans. NMAT, CUET, DELNET, SET, IPU CET, AET, and NETVUEE are some of the top Distance B.Com in Econometrics entrance examinations.

(8). What are some of the top colleges for this course program?

Ans. The best Colleges for Distance B.Com in Econometrics programs are Indira Gandhi National Open University, University of Delhi, Annamalai University, Pondicherry University.

(9). What are some of the most popular job profiles for a Distance B.Com in Econometrics?

Ans. Economic Analyst, Data Scientist, Business Analyst, Research Analyst, Financial Analyst are some of the most popular job profiles for a Distance B.Com in Econometrics.

(10). How do a Distance B.Com in Econometrics and a full-time B.Com in Econometrics differ from one another?

Ans. While a regular B.Com is pursued on-campus and provides a more traditional, immersive educational experience, distance B.Com In Econometrics students do not need to attend regular classes; they have to attend only for exams, and some colleges conduct online exams for distance students, providing more flexibility.

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