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IGNOU M.Com Finance and Taxation: Fees 2025, Admission Dates, Course Duration, Eligibility

New Delhi, Delhi NCR
Open University

Master of Commerce [M.Com] (Finance and Taxation)


Course Fees

Course Duration

2 Years

Tuition Fees

9.7 K

1 Year Fees

9.7 K

Total Fees

19.4 K

Detailed Fees

general
Year12
Total Year Wise fees9,7009,700
Total Fees₹9700₹9700
Tuition fees₹9700₹9700

Previous Year Fees

2021
general
Total Fees₹8,400

Course Information

Course Details

IGNOU M.Com Finance & Taxation admission 2024 for the July session has been started. The last date to apply is July 31, 2024. Interested candidates can apply online on the official website of IGNOU @ignou.ac.in. Admissions will be granted based on marks secured in the qualifying examination.. Check IGNOU Admission 2024 

IGNOU offers an M.Com Finance & Taxation program at the PG level. The duration of the course is two years (minimum) and can extend up to five years (maximum). For admission to M.Com Finance & Taxation program, a candidate must have passed Bachelor’s degree from a recognized university. Selection of the candidates is done on the basis of marks secured in the qualifying degree. Check IGNOU Admission Status

IGNOU Admission Dates 

Event Dates
IGNOU admission 2024 July Session Last Date July 31, 2024

IGNOU M.Com (Finance & Taxation) Course Highlights

Course Name

Master of Commerce in Finance & Taxation

Eligibility

Graduation

Duration

2 Years

Age Limit

No Bar 

Application Form Link

Click Here

Admission Criteria

Merit based

Read More: IGNOU

IGNOU M.Com (Finance & Taxation) Eligibility

Students fulfilling the following two conditions are eligible for admission to Master of Commerce in Finance & Taxation programme:

  •  Graduate in any discipline or equivalent from a recognized University
  •  Appearing in the Chartered Accountancy Final Course

OR

 Who have already passed Chartered Accountancy

IGNOU M.com (Finance & Taxation) Study Materials

IGNOU provides study material to students free of cost. Here are the links for M.com (Finance & Taxation) study materials that are tabulated below. Students can easily download or view the study material from here without any registration. It will help students to understand & get a clear idea about the course curriculum.

Course Name Click to Download
M.com (Finance & Taxation) Download

IGNOU M.com (Finance & Taxation) Assignments

Assignments constitute continuous evaluation. The marks that you secure in the assignments will be counted in your final result. As mentioned earlier, an assignment of a course carries 30% weightage. You are therefore advised to take your assignment seriously. 

Non Submission of Assignment

The TMA for each semester can be downloaded from the Student Zone of the University website. You have to complete the assignment within the due dates specified in the assignment booklet. You will not be allowed to appear for the term-end examination for any course if you do not submit the assignment in time for that course. If you appear in the term-end examination, without submitting the assignments, the result of the term-end examination is liable to be canceled.

Read More: IGNOU Assignment

IGNOU M.Com Admission Process

Admission or Registration form for M.Com program can be filled through Online as well as Offline admission process. Follow the below-listed steps to apply:

IGNOU M.Com Online Admission Process

  1. Visit the admission portal of IGNOU and create your user ID & password.
  2. Fill the application form and upload the required documents.
  3. Pay the application fee through Online Payment Gateway, i.e. by Debit/ Credit card or through net-banking.
  4. After successful fee submission, take the printout of payment confirmation slip.
  5. Click on ‘Submit’. Students can keep the track of the application status by using their registration number & password.

Note: Do not send the hard copy of the application form to any of the regional center of IGNOU.

Read More: IGNOU Courses & Fees

Documents required for Upload

  • Scanned Photograph and Scanned Signature (less than 100 KB in size)
  • Scanned copy of Age Proof
  • Scanned copy of relevant Educational Certificates
  • Scanned Copy of Experience Certificate (if any)
  • Scanned Copy of Category Certificate, if SC/ST/OBC
  • Scanned Copy of BPL Certificate, if Below Poverty Line

M.Com Offline Admission Process

Or

Candidates can also purchase Student Handbook and Prospectus from the IGNOU Regional Centre or from the nearest Study Centre of IGNOU by paying an application fee of INR 200.

Or

Candidates can also get offline application form by sending Demand Draft (DD) of INR 250 in favor of IGNOU regional center

  1. Download the application form from the official website of IGNOU.
  2. Pay the application fee of INR 120 in the form of DD along with processing fee of INR 100. Students must note that their Name, Application Number and Program code should be written on the reverse side of DD.
  3. Send the duly application form through registered post or in person along with copies of attested documents to:

Regional Director, IGNOU

Maidan Garhi, New Delhi-110068

Documents required to be enclosed:

  • Two Coloured Photograph
  • Certificates & Marks sheet in support of Educational Qualification
  • Experience Certificate & Age Certificate
  • Category Certificate/ Duly filled student card
  • Proof of resident
  • Acknowledgement Card duly affixed with the postage stamp.

Attach documentary proof (photocopy of BPL ration card), in case of below poverty line students

Check More: IGNOU Study Centres

IGNOU M.Com (Finance & Taxation) Selection Criteria

Admission to the course is merit based and students are selected on the basis of their merit at the graduation level.

IGNOU M.Com (Finance & taxation) Program Structure

Course Code 

Course Title

Credits

Status

PART A: Courses offered by IGNOU Credits

MCO–01

Organisation Theory and behaviour 

6

Compulsory

MCO–03

Research Methodology and Statistical analysis

6

Compulsory

MCO–04

Business Environment

6

Compulsory

MCO–06

Marketing Management

6

Compulsory

 IBO–06

International Business Finance

6

Compulsory

PART B: Courses offered by ICAI

MCO–011 

Financial Reporting

6

Credit transfer

MCO–012

Strategic Financial Management

6

Credit transfer

MCO–013 

Advanced Auditing and Professional Ethics

6

Credit transfer

MCO–014 

Corporate and Allied Laws

6

Credit transfer

MCO–015 

Advanced Management Accounting

6

Credit transfer

MCO–016 

Information Systems Control and Audit

6

Credit transfer

MCO–017 

Direct Tax Laws

6

Credit transfer

MCO–018 

Indirect Tax Laws

6

Credit transfer

IGNOU M.Com (Finance & Taxation) FAQs

Ques. What is the maximum duration of Master of Commerce in Finance & Taxation from IGNOU ?

Ans. The university offers a lot of flexibility for the completion of the programme. The maximum duration of Master of Commerce in Finance & Taxation from IGNOU is 5 years and a minimum of 2 years.

Ques. How much percentage is required to have first division?

Ans. Below mentioned are the percentages on the basis of which divisions are awarded. 

  • Unsuccessful - Below 40% 
  • Pass - 40% to 49.9% 
  • Second Division - 50% to 59.9% 
  • First Division - 60% and above.

Ques. Can a final year CA Student manage doing MCom in finance and taxation simultaneously?

Ans. Yes, the programme is designed keeping in mind the final year CA Students. Infact out of the 13 compulsory courses, 8 courses are delivered by ICAI as part of Chartered Accountancy Final Stage. A student may take admission simultaneously in Chartered Accountancy Final and M.Com in finance and taxation and take the benefit of Chartered Accountancy Final courses in passing both Chartered Accountancy as well M.Com in finance and taxation. 

NOTE:

  • Registration fee of Rs 300/- (Non-refundable) is to be paid at the time of admission in addition to the programme fee given in the following table. University Development fee of Rs 200/- is to be paid at the time of admission in addition to the programme fee
  • Registration fee of Rs 500/- (Non-refundable) is to be paid at the time of application in addition to the programme fee given in the following FLIP (Fixed Learning Intake Programme): PGDMCH, PGDGM, PGDHHM, PGDHIVM, DNA, PGCMDM
  • Registration fee of Rs 850/- (Non-refundable) is to be paid at the time of admission in addition to the programme fee

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Ranking of Indira Gandhi National Open University - [IGNOU]



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Answered Questions

Indira Gandhi National Open University - [IGNOU]: 254 answered questions

SS

Shikha Sehrawat

12 Oct 22

It is advised that you do not consider whether the IGNOU certificate is valuable in terms of getting a job. However, the acquired knowledge and skills will be precious to you. Time management, submitting assignments on time, and sitting for exams at the end are all essential requirements.

The institute's name serves only as an icebreaker at first; once hired, there is no turning back. Put that knowledge to use at work.

Most importantly, it is a GOVERNMENT OF INDIA recognized certificate that is accepted almost everywhere in the world.

So, if you want to work while studying or can't afford a regular course, IGNOU is far superior to good.

...Show More

AB

Aditi Bhardwaj

21 Oct 22

Below mentioned are some of the positive aspects of IGNOU:

  • When compared to other private universities such as Symbiosis Distance Learning, you pay nearly one-tenth the price to complete your degree or PG (except for an MBA, which is half the price).

  • It's the government. University is recognized worldwide until the criteria state that only full-time courses are permitted.

  • You get standard books that will not only impart good knowledge but will also help you clear competitive exams in simple and easy language, and they are available in both Hindi and English.

  • Transfers are available in almost all states if you need to relocate during your academic career.

  • There are several other benefits to joining this university and simply completing your tasks on time, such as assignments that are given only once a year and you have almost 6 months to complete them, and the answers are easy to find in your course books.

It provides an excellent platform for your success in life. If you want to study at IGNOU, you should definitely do so. 

...Show More

SS

Sugandha Shukla

13 Oct 22

Yes. The IGNOU marking system is very poor, and you must have a lot of patience if you are pursuing any degree from IGNOU. If you fail to submit your assignment grades, your results will be delayed for several months.

IGNOU is certainly playing with students' careers because they are so unconcerned about their grades and future. They are unconcerned about how and what is written on the answer sheets. They only postpone things and do not address the issue.

...Show More

AG

Anamika Ghose

20 May 22

IGNOU is best for distance learning MBA. IGNOU MBA course structure is pretty good. You will get to learn the basics first then the main concepts. The study materials are good and make the learning process smooth. IGNOU also has a better reputation. 

Symbiosis Pune is also a good option for MBA. You can choose one of these two options based on fee structure and eligibility. 

...Show More

PA

Pooja Agrawal

13 Oct 22

Even an IIM degree may be worthless if you do not learn anything while pursuing it.

Because you have not specified the nature of your use for an MBA degree, it is assumed that you are a working professional interested in gaining theoretical knowledge of management through an MBA from IGNOU.

When we compare IGNOU to other distance learning universities such as SMU and Symbiosis, we can see that IGNOU stands out due to the well-structured course material and the importance of assignments. The faculty who are mentoring SOMS IGNOU (School of Management Studies) is top-tier professors from IIMs and IIFT, as well as senior government officials. 

However, expecting an MBA to be equivalent to a regular MBA degree to get a job is unrealistic. Most MBA programs in India are extremely rigorous and intensive. This is because a future manager is expected to perform under pressure, and a management student is subjected to that pressure from day one of his MBA program. As a result of regular case study discussions and extensive knowledge sharing in peer groups, a regular MBA is considered to be far more valuable than a distance MBA. However, a regular MBA requires a significant time and financial investment. 

So, if you are already in a well-established job and want to advance to a management position or simply learn more about the theoretical aspects of management, an MBA from IGNOU will undoubtedly help you serve the purpose with minimal investment of both time and money.

...Show More

AK

Anupama Kumari

14 Oct 22

The worth of an IGNOU degree can be determined in several ways:

  • Under its legitimacy as a degree. (Accredited by UGC and AICTE)
  • Under its eligibility for government jobs (Almost all govt jobs)
  • The caliber of its course curriculum (Yes, It has one of the updated courses with the latest trends)
  • Because of its reputation in the private sector. A large number of bright students who are unable to attend regular courses for various reasons attend them.
  • Because of its teaching methodology. (They provide distance education, but they engage you for a full year with assignments, projects, exams, and weekend classes.)
However, if you compare the quality of knowledge inducted in distance course vs regular course, you will find that regular course provides better exposure. Any job is dependent on the candidate's skills, and if you are talented enough to learn the necessary skills, finding work will be easy. One must not blame a degree if you are a mediocre learner.
...Show More

PG

Prateeksha Garg

13 Oct 22

In IGNOU, none of the faculty members at your regional center or study center will assist you in answering your questions. You must assume everything on your own and act accordingly. If you have any questions about your assignment submission or lab courses, your study center will simply tell you to contact the regional center. And in the regional center, no one will answer the phone, and no one will respond to your emails. If you accidentally sent your document or something to the wrong center, they will notify you after the form submission deadline and tell you that there is nothing you can do and that you must submit the form again in the upcoming semester. Rude teachers will respond to your inquiries. You may feel as if you are studying without paying fees, and the teachers are unconcerned about your problems. They are simply teachers by designation; they have no idea what to do or how to assist students with assignments/labs, etc. 

Students are pursuing distance education because they are unable to attend college daily due to their jobs. However, they expect them to travel to a regional center that is not in the same city every month to have our basic questions answered. In terms of projects, they may say in viva that the report should look like this. When you submit the report as instructed the next time, another superintendent will be present to reject it and instruct you to format it as before.

...Show More

MA

Madhav Aneja

14 Oct 22

IGNOU does not provide semester or year-end grade reports. It will provide you with a consolidated mark sheet at the end of your program. However, if you want a mark sheet halfway through, you must apply it separately. You will be charged a nominal fee and will receive IGNOU marksheet for all of the papers you have already examined, as well as the results.

The university gives you the option of coming to the convocation ceremony to get your degree certificate or sending an Rs. 200 demand draft as they post the degree.

...Show More

HP

Harshita Poona

13 Oct 22

To be honest, IGNOU is an undesirable university in India. Don't believe those who claim that "it's the best open university" and other such nonsense. They don't give a damn about you, your future, or your time. When you go to the regional center, they tell you to go to the IGNOU headquarters. And the office of concern in the headquarter of Ignou will tell you to go to the post office, and the post office will tell you to bring the dispatch number from the headquarters of IGNOU, and they will tell you that the regional center will provide the dispatch number of the book but it would not get into your hands even at the end. 

IGNOU is the worst open university; they value the number of students over the quality of education. They do nothing to help students, and IGNOU is just a big scam run by undeserving people and goons. It is strongly advised to avoid IGNOU. AMU and Jamia are far superior for open studies.

...Show More

SB

Shivani Bhat

21 Nov 22

The passing marks at IGNOU (Indira Gandhi National Open University) are

  • Theory - 30 out of 100 / 18 out of 50

  • Assignments - More than 50%

If you fail to score 50% in assignments, you will have to resubmit them. If you score above 30 out of 100 or 18 out of 500 in theory, then you will pass without having submitted assignments.

Percentage Calculation - Assignments- 30% weightage and Term End Examination- 70% weightage for FST (Foundation Course in Science & Technology) and FHS (Foundation Course in Humanities and Social Sciences).

...Show More


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