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IGNOU MCom Courses & Fees 2024: Eligibility, Admission 2024, Dates, Placements, Curriculum

  • A++ NAAC accredited
  • Public/Government University
  • Estd. 1985
Dark Clock Icon Last updated on 13 Dec '24

IGNOU M.Com
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IGNOU MCom Eligibility & Highlights 2024

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Total Tuition Fees₹ 7K - 18K
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Commonly asked questions
On Highlights

Q:   How much is the IGNOU fee for M.Com?

A: 

Candidates are required to pay the admission fee amount after registration for enrolment confirmation. IGNOU fee include course fee and registration amount, mainly. Students have to pay the exam fee and re-registration fee from the second year of the course. IGNOU MCom tuition fees range between INR 7,000 and INR 18,000. Candidates can pay the fees via online mode through credit card/debit card/net banking. The given fee is further as per the official website/sanctioning body. It is still subject to change and hence, is indicative.

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Q:   Can I pursue B.Ed through a regular college and M.Com through IGNOU simultaneously?

A: 
The eligibility criteria and admission policies for pursuing two different courses simultaneously may vary from one university to another. Therefore, it is advisable to check with the respective universities offering B.Ed and M.Com courses for their policy on pursuing multiple courses at the same time. In general, some universities may allow students to pursue two courses simultaneously, while others may not. However, even if both universities permit the simultaneous pursuit of two courses, it may still be a challenging task to balance the coursework, assignments, and examinations of both courses. Therefore, it is important to consider the workload and time commitment required for each course before making a decision. In the case of IGNOU, the university allows students to pursue multiple courses at the same time, subject to certain conditions. As per IGNOU's policy, students can pursue one regular course and one non-regular course simultaneously, or two non-regular courses simultaneously. However, it is important to note that students pursuing two courses simultaneously will have to manage their time effectively to ensure that they meet the academic requirements and deadlines of both courses. Therefore, it is recommended that you check the policies of the respective universities and assess your own capabilities and time availability before deciding to pursue B.Ed through a regular college and M.Com through IGNOU simultaneously.
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Q:   What is the syllabus of online M.Com programme at IGNOU?

A: 

IGNOU online MCom course is of two-year and consists of four semesters. The syllabus has semester-wise list of subjects. Each of the subject has a credit attached to it. Some of the subjects included in the course curriculum are:

  • Business Environment
  • Managerial Economics
  • Marketing Management
  • Business Ethics and CSR
  • Financial Management
  • International Business Finance, etc.
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Q:   Are registrations open for M.Com admissions open at IGNOU?

A: 

Yes, IGNOU MCom 2024 registrations are currently open for July session. The open university admit candidates in January and July admission cycles. As per the official website, the last date to apply for fresh admission and re-registration at IGNOU is Jul 31. Candidates can register and apply on the official website of the university. The application further must be submitted on or before the prescribed deadline.

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Q:   What is the placement scenario for M.Com at IGNOU?

A: 

The open university conducted a placements drive in february. Students got jon opportunities through this drive. As per data curated from some unofficial sources, the overall the highest package offered in 2023 to the IGNOU students stood at INR 15 LPA. Additionally, the average package ranged between INR 3 LPA and INR 4 LPA. The data is not specific to MCom course placed students. Hence, is indicative.

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IGNOU M.Com
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IGNOU MCom Admission Dates 2024

DatesUpcoming Events
31 Jan '25
M.Com (ODL/Online mode-Jan 2025) Re-registration (without late fee) deadline
31 Jan '25
M.Com (ODL/Online mode-Jan 2025) Last date for fresh admission/registration
DatesPast Events
31 Oct '24
M.Com Last date for fresh admission in ODL/ Online mode for July 2024

IGNOU MCom Curriculum

SpecializationCurriculum
Master of Commerce (M.Com.),IGNOU
M.Com. in Finance and Taxation,IGNOU
M.Com. in Management Accounting and Financial Strategies,IGNOU
Master of Commerce (M.Com.) (MCOMOL),Centre for Online Education
Master of Commerce (M.Com.),IGNOU Regional Centre, Shillong
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Commonly asked questions
On Curriculum

Q:   What are the subjects covered in M.Com in Finance and Taxation course at IGNOU?

A: 

The course curriculum include subjects focused on Commerce field and related to the specialisation. IGNOU MCom in Finance and Taxation course is divided into two parts: courses offered with credits and courses to be studied as part of Chartered Accountancy final stage. Mentioned below are some of the subjects included in the curriculum:

  • Financial Reporting
  • Organisation Theory and Behaviour
  • Business Environment
  • Stratergic Financial Management
  • Advanced Auditing and Professional Ethics, etc.
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IGNOU MCom Placements 2024

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IGNOU M.Com
Students Ratings & Reviews

3.9/5
Verified Icon9 Verified ReviewsInfo Icon
Placement Review IconPlacements3.7
Infrastructure Review IconInfrastructure3.8
Faculty Review IconFaculty & Course3.8
Crowd Review IconCampus Life3.8
Money Review IconValue for Money4.6
A
AnonymousVerified Icon
M.Com. in Finance and Taxation - Batch of 2025
4.2
4Placements4Infrastructure4Faculty4Crowd & Campus Life5Value for Money
I will recommend you to come here.
Placements: Being a CA student I want to tell you that I don't think IGNOU provide any opportunities. May be some students get placed. Then definitely they will be very educated and hard working people. Overall I want to make you aware that IGNOU did not provide any placement.
Infrastructure: I would like you tell you about the infrastructure being a CA student to complete my B.Com. I had to go to college only one day a week. As it is compulsory to go. The buildings are nice. The benches are nice with amazing classroom completely air conditioned.
Faculty: The faculty is good. They are always ready to help. Always ready to support you whenever you need help. They will help. There is IGNOU call no available where you can call and solve your doubts. Professors will solve your all doubts. Its nice to be here.
Reviewed on 31 Oct 2023Read More
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S
Shweta gupta Verified Icon
Master of Commerce (M.Com.) - Batch of 2021
4.2
5Placements3Infrastructure4Faculty4Crowd & Campus Life5Value for Money
Our college provides very good hostel facilities.
Placements: Students of our college were eligible for placements from the 5th semester. The recruiting companies were Wipro, TCS, and HCL. The highest salary package offered was 5 LPA and the average salary package was 3 LPA. More than 80% of students got placed. Since I was working I didn't require any placement assistance.
Infrastructure: I stayed in PG which was the best with a fee of Rs.8,000 including food. Students learn to live independently by staying in PG or hostels.
Faculty: Our college provided 2 teachers for every 60 students. They were well-qualified with M.Phil, Ph.D., CA, etc. Exams were difficult to pass as students got very less time for preparation. They had many assignments and projects during the course.
Other: I chose this course because of my interest in accounting and management. Each class consisted of 60 students. Our course fee was Rs.88,000 per year.
Reviewed on 15 Jan 2023Read More
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R
Reetika sharma Verified Icon
M.Com. in Finance and Taxation - Batch of 2021
3.8
3Placements4Infrastructure3Faculty4Crowd & Campus Life5Value for Money
IGNOU is good in many ways but has certain issues.
Placements: Our university doesn't provide placements as it is an open university. It doesn't provide distance based education. But when it comes to degree, it is pretty much valuable and is valued by all employers if anyone wants to pursue any employment or job.
Infrastructure: The infrastructure is pretty well and is delighted with the greenery. There are various blocks each dealing with different functions like students block, course block, etc.
Faculty: The curriculum is quite obsolete and very old. It seems it has not been updated at all. The faculty members at IGNOU are quite good and exams are to be given from the IGNOU center located in the college in your city. The exams are easy and less effort is needed to pass
Reviewed on 8 Apr 2022Read More
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H
Himanshu Tayal Verified Icon
M.Com. in Management Accounting and Financial Strategies - Batch of 2021
4.6
4Placements5Infrastructure5Faculty4Crowd & Campus Life5Value for Money
College life is good. The environment of the college is also good.
Placements: I recommended all the students to take admission to this college. About 70-80% of the students got placed in our course. In starting, the average salary package offered ranges from 4-6 LPA to an M.Com pass out student. Some top recruiting companies like Dell, Infosys, Tally ERP, and other MNCs visit our college for placements. Above 75% of students got an internship in many companies. Many roles like an accountant, banking sector, lectures, software accounting support, etc., are offered to the students.
Infrastructure: In our course, all the required facilities are available, like a library and Wi-Fi. In the lockdown period, online classes are conducted timely. It also informs all students about the daily schedule of subject-wise classes in a good manner. Labs have all the equipment, and the library has all the required study materials.
Faculty: In our college, all teachers are well-educated and helpful to all the students. They also helped in the lockdown period. In our course, the minimum passing criteria are more than 40% in every subject with assignments marks and practical exams. All the exams are not very easy but good.
Reviewed on 23 Dec 2021Read More
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V
Vivek Rai Verified Icon
M.Com. in Finance and Taxation - Batch of 2021
3.8
4Placements4Infrastructure4Faculty4Crowd & Campus Life3Value for Money
Absolutely satisfied with college.
Placements: To be very honest placement is not confirmed but the company visits the college for recruiting students. Mainly the opportunities are given to the regular college students. But after completing your degree you can apply for the best companies by sending a resume to the HR department.
Infrastructure: All the basic facilities are available in the college like the water cooler, electricity, fans desks and chairs. The classroom and labs are also very good and well maintained. The library has all the essential books and magazines. The canteen are too hygienic and the food are also very appetizing.
Faculty: All the teachers are highly qualified and also gives personal mentoring to their students which is very helpful for students. Course curriculum includes all the essentials which will be required in a future scenarios. Semester exams are not very difficult. Anyone can clear the exam by studying 2 months before the exams.
Other: I chose this course just because I'm working person that's why I decided to pursue M.Com from an open University that will not bother my office schedule. And best thing is about this degree it would give some good exposure in future also.
Reviewed on 19 Sep 2021Read More
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H
Harsh Jain Verified Icon
M.Com. in Business Policy and Corporate Governance - Batch of 2022
3.4
4Placements3Infrastructure3Faculty3Crowd & Campus Life4Value for Money
Review of IGNOU - Indira Gandhi National Open University.
Placements: On average, around 70% of the students got placed in our course. I was not offered any salary package in our course. Infosys, IBM, etc., are top recruiting companies. Almost 40% of the students got internships from our course. I was offered the role of a financial analyst at IBM.
Infrastructure: Facilities are good. The infrastructure of the area is good, but it is old. Wi-Fi is not available, but the library is huge. Classrooms are big, but air-conditioners are not available. The quality of facilities is good. The hostel is clean, but the quality of food is average. Medical facilities are not up to the mark.
Faculty: Teachers are helpful, quite qualified and knowledgeable. Their teaching quality is good. Everything is easy to understand. The course curriculum is relevant, and it makes students industry-ready. Semester exams in the college are of moderate level. The passing percentage is 50%.
Other: I have chosen this course to study further. It made me aware of the taxation system, and it provides great knowledge of economics. It would have been better if the course had been a bit easier to understand. Events and fests are not conducted due to Covid 19.
Reviewed on 23 Jul 2021Read More
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IGNOU MCom Scholarships 2024

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Commonly asked questions
On Scholarships

Q:   How can a student avail scholarships at IGNOU University?

A: 

Students of IGNOU can collect the scholarship forms from the Directorate of Social Welfare (DSE) or the office of the Social Welfare Officer (SWO) in their state, fill them out, and submit them to the Regional Director at the Regional Centre where they are admitted/registered for the programme. In the next step, the Regional Director will then certify the forms. After certification, the students can collect the forms from the Regional Centre and resubmit them to the Social Welfare Officer or Directorate of Social Welfare in their state for scholarship or reimbursement of programme fees.

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Q:   Does IGNOU offer scholarship to its students?

A: 

Yes, IGNOU offers scholarships to students based on both need and merit basis. IGNOU students belonging to reserved categories, such as Scheduled Caste (SC) and Scheduled Tribes (ST), are eligible for fee exemption or reimbursement from IGNOU. However, all of it depends on the IGNOU university scholarship rules and regulations. Additionally, all these students are eligible for government scholarships as well.

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IGNOU MCom 2024 FAQs

Q:   What is the last date to apply for IGNOU admission 2024?

A: 

The last date for fresh admission and re-registration for IGNOU July 2024 session is extended till Sep 10, 2024. Candidates can apply online on the official website of the university. Candidates shall ensure that they submit their application on or before the prescribed deadline. Besides, the date sheet for June 2024 TEE online is available for students registered under E-Vidya Bharti. 

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Q:   Is a degree from IGNOU valid?

A: 
Yes, IGNOU is a trusted and accredited distance education university. It is a central university which was established by an ACT of parliament in 1985. Therefore, a distance education degree from IGNOU is equivalent to a degree granted by any recognised university in India. Also, the degree from IGNOU University is acceptable and valid overseas and in foreign countries with ease. The reason behind this is IGNOU is a recognised university under the UGC and is a governmental university too. Adding further, an IGNOU degree is approved by DEC and AICTE as well.
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Q:   How much is the tuition fee for MCom in IGNOU?

A: 

Indira Gandhi National Open University MCom tuition fee ranges between INR 7,000 and INR 18,000. Candidates have to pay the required course fee amount at the time of admission for enrollment. From the second year of the course, the re-registration and exam fees has to be paid. It must be noted that the mentioned tuition fee amount is as per the official website/sanctioning body. It is subject to changes. Hence, is indicative.

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Q:   What are the core subjects for M.Com Corporate Affairs and Administration at IGNOU?

A: 

There are five compulsory subjects included in the curriculum of IGNOU MCom Corporate Affairs and Administration. A choice between two subjects is also given to the candidates. Enlisted below are the compulsory subjects:

  • Organisation Theory and Behaviour
  • Research Methodology and Statistical Analysis
  • International Business Environment
  • International Business Finance or Accounting for Managerial Decisions
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Q:   How do I apply for admission in IGNOU?

A: 

The application process for IGNOU is completely online. Candidates willing to apply must visit the official website and apply. A step-by-step process of filling IGNOU registration form is as follows:

Step 1: Visit the official website of IGNOU. Click on 'Register Online' and then on 'Fresh Admission'.

Step 2: In the next window, select ' Click here for New Registration'.

Step 3: Register online by adding all the required details. 

Step 4: Log in using the credentials created during the registration process, fill out the form, pay the application fee and submit it.

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Q:   Is M.Com at IGNOU a good choice?

A: 

Based on the reviews and feedback from current students and alumni, here's a summary of what they have to say:

Pros:

  • Faculty is good and supportive (most reviewers agree)
  • Nice infrastructure, especially the classrooms and library
  • Availability of necessary facilities such as Wi-Fi, lab equipment, and medical services (though there might be limitations)

Cons:

  • Placement record is not impressive; mostly dependent on individual efforts
  • Limited interactions with teachers, making it challenging to seek guidance
  • Curriculum may be outdated and not fully industry-oriented
  • Not entirely conducive to independent learning due to lack of face-to-face interactions

Career Prospects:

  • Although placement records aren't exceptional, many students reported getting placed in companies like Wipro, TCS, HCL, Dell, Infosys, and IBM
  • Average salary packages range from INR4-6 LPA to INR12,000-Rs. 35,000 per month
  • Internship opportunities are available, with around 30-40% of students securing internships

Consider your priorities and goals carefully before choosing IGNOU's MCom. If you're willing to work diligently and adapt to the unique learning environment, it could be a valuable investment. Nevertheless, explore other options to determine which best aligns with your aspirations.

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Q:   What is the selection process for M.Com course admission at IGNOU?

A: 

Indira Gandhi National Open University MCom admission is subject to fulfilment of the eligibility criteria. Aspirants with a valid bachelor's degree or higher degree from a recognised university can apply. The eligible candidates can visit the official website of the open university to register and apply.

Moreover, the candidates must have the pass certificates with them. The important documents have to be uploaded during registration for verification purposes.

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Q:   How successful is the placement cell in securing jobs for M.Com students at IGNOU?

A: 
{Source: M.Com students & alumni}

Placement Cell's Success in Securing Jobs for M.Com Students at IGNOU

According to the student reviews, here are some key findings:

* Job Opportunities: Our college provides job opportunities, depending on students' capabilities.
* Salary Range: The lowest salary offered is INR12,000 per month, while the highest salary package offered is INR2.8 Lacs per annum (LPA).
* Internships: Many students have secured internships according to their requirements.
* Limited Support: Due to less interaction between teachers and students, students may not receive sufficient guidance from professors to secure jobs.

Overall, while there seems to be some uncertainty around the placement cell's success, the data suggests that some students have been able to secure job offers with varying salaries. However, more consistent support from teachers could potentially lead to better job outcomes for M.Com students at IGNOU.
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Q:   Is MCom offered at IGNOU?

A: 

Yes, the Indira Gandhi National Open University offers a MCom course at the postgraduate level. The post-graduate course offered by the open university has a minimum duration of two years and a maximum duration of 4 years for completing the course. The IGNOU MCom admission process is subject to fulfilment of the eligibility criteria.

Moreover, the course is available in different areas of specialisations, such as finance and taxation, business policy and corporate governance, etc.

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Q:   How do I take admission in M.Com course at IGNOU?

A: 

Indira Gandhi National Open University offer admission to its MCom programmes based on merit. Candidates who meet the course-specific eligibility requirements become eligible for admission. The aspirants with a valid bachelor's degree from a recognised university can register and apply.

IGNOU MCom application process is completely online. The eligible candidates can visit its official website to apply. Candidates must submit their application on or before the prescribed deadline.

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Q:   How can I apply for the Term End Exam (TEE) of IGNOU?

A: 

Candidates can fill out exam form IGNOU on the official website of the university. Term End Exams are held twice in a year-June and December. Candidates are required to appear once depending on their admission year. Aspirants need to visit the official website of IGNOU and register with an application fee for term end exam. The registration fee varies with course. After filling out the form and paying the application fee, aspirants are confirmed for sitting for term end exam. 

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Manori Sahni

Updated on Dec 13, 2024

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