INTRODUCTION
The IGNOU international division offers selected courses to FRSIs (through Regional Centres in India) and to Overseas Students (through Overseas Study Centres of the University). The international division has expanded its academic courses and different regional centres in various parts of South Asia, the Middle East, and African nations.
M.Com. OR Master of Commerce is a Master's degree conferred to students. Like any other college course, the M.Com. course duration is a minimum of 2 years and maximum of 5 years.
With the academic session of July 2019, the IGNOU has adopted the Choice Based Credit System presented by the University Grants Commission. The Choice-based Credit System, which is on offer at the Master degree level, gives adaptability to the students to study the subjects/courses of their needs and interests.
The programme meets the expanding needs in Commerce education at all levels and provides the necessary manpower to industry, trade, PSUs, Government and Private enterprises in the areas like Finance, International Business and Accounting. In order to be eligible for the award of the Master of Commerce (M.Com.) degree, a student has to complete 12 courses equivalent to 72 credits (1 credit is 30 study hours) comprising six core courses and six specialization courses. The student will be awarded Postgraduate Diploma in International Business Operations on the completion of all first-year courses worth 36 credits and a Master of Commerce Degree with specialization in International Business Operations after completion of all 72 credits.
Masters of Commerce or M.Com. is a post-graduate level course, ideal for candidates who wish to make a career in banking financial services and insurance (BFSI) as well as Accounting and Commerce sectors. The 2-year course delves deeper into the functioning of the economy, capital, revenue, trade, taxes, etc. taught in B.Com.
Since M.Com. is a specialized area in itself, only those candidates who have pursued B.Com. or B.Com. (H), can go for it. M.Com. is also a good option for CA/CS candidates. However, not many CA/CS aspirants pursue M.Com. as CA/CS courses can be pursued after class 12.
M.Com. is most popular among aspiring teachers/lecturers and researchers. UGC-NET/JRF and Ph.D. are among popular options for M.Com. degree holders.
| PROGRAMME TYPE | Degree |
| MODE | Open Distance Learning |
| SCHOOL | School of Management Studies |
| DURATION | 2 Years |
| MEDIUM | English Hindi |
| SPECIALIZATION | Commerce |
| ELIGIBILITY | Bachelor’s Degree or a higher degree from a recognized University.
Lateral entry to 2nd year of M.COM.: Those who have successfully completed P G Diploma in International Business Operations (PGDIBO) from IGNOU, are eligible for lateral entry to the second year of M.COM. Program. They will be required to study only the second-year courses. The minimum and maximum duration of the Programme for students joining through Lateral Entry shall be one year and two years respectively. To join through Lateral Entry, the applicants may register on the online admission portal, select M.COM. Programme, and follow the process. The option for Lateral Entry shall be given at the time of filling in qualification details. A scanned copy of the final marks sheet (Grade Card) of PGDIBO indicating successful completion of the Programme is required to be uploaded, along with other documents. |
| FEE STRUCTURE | Rs. 16,200/- for the full programme to be paid year wise @Rs. 8,100/- per year, plus a Registration fee of Rs.200/- in the first year |
| COURSE CODE | TITLE OF THE COURSE | 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 | ||
| IBO-5 | International Marketing Logistics | 6 | |
| IBO-6 | International Business Finance | 6 | |
IGNOU M.Com Second Year Courses
| COURSE CODE | TITLE OF THE COURSE | CREDITS | |
| MCO-1 | Organisation 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 | |
NOTE:- Student Handbook and Prospectus are also available on the university’s website www.ignou.ac.in. Information about the courses provided here is partial and should not be treated as comprehensive, i.e., the university would be offering another course than those mentioned here. Students are advised to check with the university for the latest information with regard to the course.