IGNOU M Com Fees: Compared to private institutions, the Master of Commerce (M. Com) course under the Indira Gandhi National Open University (IGNOU) is a lot cheaper. Complete IGNOU M Com Fees is around ₹9,000 per annum; hence, it is one of the least expensive distance courses for commerce graduates. IGNOU offers M.Com for students and working professionals who want to further their commerce, finance, and business management knowledge. It is UGC-recognized, allowing a flexible learning mode, thereby becoming an ideal choice for people who cannot attend regular classes.
MCom Course Overview
The Master of Commerce (M.Com) is a postgraduate degree focusing on advanced concepts in accounting, finance, business studies, and economics. IGNOU offers this course under its School of Management Studies (SOMS), providing students with deep knowledge of commerce-related subjects through distance learning.
| Program Type | Degree |
| Mode | Open Distance Learning |
| School | School of Management Studies |
| Duration | 2 Years |
| Medium | ENGLISH HINDI |
| Specialization | Commerce |
| Description | Master of Commerce (M.Com) offered by Discipline of Commerce (SOMS) is a popular program of the school developed more than a decade ago to equip students with the necessary conceptual and analytical skills required for handling business operations. |
| Eligibility | Any graduate or equivalent from a recognized university is eligible for admission |
| Fee Structure | Rs. 18,600/- for full program to be paid year-wise @Rs. 9,300/- per year plus a Registration fee of Rs.300/- |
| Programme Coordinator | Dr. Anupriya Pandey, School of Management Studies |
| Career Opportunities | Financial Analysts, Tax Advisors, Business Consultants, Academicians, and Corporate Managers. |
| Average Salary | INR 3 LPA to INR 6 LPA |
IGNOU Mcom Fees
The IGNOU Mcom Fees is one of the most economical for a postgraduate degree in commerce in India. IGNOU charges are based on a flexible fee structure. It allows the student to pay every year instead of all at once.
- To apply for this course, students have to pay an application fee of INR 300.
- The IGNOU admission fee is the first instalment of the course fee. For IGNOU Mcom, this fee is INR 9,700/-.
- The University of IGNOU takes a University Development fee of Rs. 200/- to help with the resources needed for admission and official processes.
- The students will have to pay an exam fee of Rs. 200/- for every theory subject during the IGNOU term-end examination.
IGNOU Mcom Eligibility
The IGNOU Mcom application is open to those who meet the eligibility requirements. The entrance exams are also not required; the admission is simple.
- Educational Qualification: The applicant should have passed a Bcom or other similar degree from any recognized university. Students who have graduated in Management, Finance, or Economics can also apply.
- Minimum Percentage Required: There is no minimum percentage requirement; one can apply after passing the bachelor’s degree.
- Age Limit: There is no age limit. A person of any age can apply.
IGNOU Mcom Syllabus
The IGNOU Mcom Syllabus aims to provide the individual with extensive knowledge of the fields of commerce, business management, finance, and taxation. The course takes two years of study in its core and electives.
| 1st Year | ||
| Course code | Course Name | Credits |
| IBO-1 | International Business Environment | 6 |
| IBO-2 | International Marketing Management | 6 |
| IBO-3 | India’s Foreign Trade | 6 |
| IBO-4 | Export-Import Procedures and Documentation | 6 |
| IBO-5 | International Marketing Logistics | 6 |
| IBO-6 | International Business Finance | 6 |
| 2nd Year | ||
| Course code | Course Name | Credits |
| MCO-1 | Organization Theory and Behaviour | 6 |
| MCO-03 | Research Methodology and Statistical Analysis | 6 |
| MCO-04 | Business Environment | 6 |
| MCO-05 | Accounting for Managerial Decisions | 6 |
| MCO-06 | Marketing Management | 6 |
| MCO-07 | Financial Management | 6 |
IGNOU M Com Scholarship
IGNOU MCom also provides scholarships to talented students. The student can obtain the required application forms quickly from IGNOU’s regional center. Thereafter, the student has to meet the Social Welfare Office requirements of the university. Students who are applying for admission at IGNOU can apply for a scholarship from the Government of India. Students have to log in to the government’s national scholarship portal.
IGNOU M Com Admission
The IGNOU M Com Admission process is conducted twice a year, in January and July sessions. Admissions are based on eligibility criteria, and there is no entrance exam.
- IGNOU MCom application form is given at @ignouadmission.samarth.edu.in. Students have to visit the website.
- Register on the portal of admission. A new account will be generated. All details will be provided in the email ID used.
- Students will have to log in using the new account to the admission portal of MCom.
- Start filling out the admission form and fill out all the details requested.
- Attach those documents which asked.
- The application fee for the IGNOU MCom application form is INR 300. Students can pay Application Fees through debit/credit cards or net banking from the university.
- Submit the IGNOU MCom ODL form.
IGNOU Mcom Fees FAQs
1. What is the IGNOU M Com Fees for two years?
IGNOU M Com Fees for two years is ₹18,000. IGNOU M Com Fees per year is ₹9,000.
2. What is the Eligibility for IGNOU McOM?
Anyone who has a bachelor’s degree in commerce or any field related to it from any recognized university.
3. How do I apply for admission to IGNOU Mcom?
Students can apply by filling out the form, uploading the documents, and paying fees at the official website of IGNOU.
4. Are there any scholarships offered to Mcom students under IGNOU?
Yes, the government schemes under IGNOU offer scholarships for SC/ST/OBC, economically weaker sections, and disabled students.
5. What is the curriculum for IGNOU Mcom?
The syllabus for two years includes International Business, Financial Management, Accounting, Marketing, and Business Laws.
