IGNOU University Distance Education M.Com Review 2024, Good or Bad?

Get Free Counseling

India Gandhi National Open University (IGNOU)

Indira Gandhi National Open University (IGNOU) is a famous university in New Delhi, India. Named after Prime Minister Indira Gandhi, the university was established in 1985 with a budget of Rs 20 million after the Indian Parliament passed the Indira Gandhi National Open University Act, 1985 (IGNOU Act, 1985). India's central authority runs IGNOU, which claims to be the world's largest university with over 4 million registered students.

IGNOU was established to assist the people of India through distance and open education and provide quality higher education opportunities to all sections of society. It also aims to promote, coordinate and set standards for distance and open education in India and strengthen India's resources through education. Publishing and learning, as well as teaching and research, are important for academic studies. It is also the national body dedicated to promoting and regulating standards of distance education in India.

IGNOU distance M.Com Highlights

Key features	Details
Course Level	Postgraduate
Mode of education	Distance education
Approvals	UGC, AICTE, AIU and A++ grades by NAAC
Eligibility	Bachelors degree
Duration	2 years (4 semesters)
Fees	INR 11,000
Average Salary	INR 5 and 10 LPA
Top recruiters	Wipro, Cisco, Club Mahindra, Quikr, Bharat BPO, Yatra.com, ICICI Bank, LIC

M.Com course at IGNOU

M.Com is one of the most popular postgraduate courses to be taken after completing B.com. This course is available in face-to-face, blended and online course modes. The full form of M.com is Master of Commerce and is an exclusive course for B.Com and B.Com (H). This is an advanced-level course.
Reach new career heights in IGNOU University's Distance Education M.Com. With an industry-tailored curriculum and a flexible learning approach, IGNOU’s M.Com program enables you to excel in the competitive world of business. Enroll today in the elective that best suits your career aspirations.

IGNOU offers M.Com courses with different specialisation options. Learners can choose any of the specialisations according to their choice and career goals. These Specializations are listed below:

M.Com in General
M.Com in Finance and Taxation
M.Com in Business Policy and Corporate
M.Com in Management Accounting and Financial Strategies

IGNOU University's Distance Education M.Com.
The fee for the M.Com course at IGNOU is different for different specializations.

Specializations	Fees
M.Com in General	INR 11,000
M.Com in Finance and Taxation	INR 7,000
M.Com in Business Policy and Corporate	INR 7,000
M.Com in Management Accounting and Financial Strategies	INR 7,000

IGNOU M.Com Eligibility criteria
To learn the M.Com course at IGNOU Candidates must have a bachelor's degree in any field from a recognized university.

IGNOU M.Com admission
The IGNOU admission process is designed to be simple and easy for all potential students. Here are five simple steps to complete the admissions process:

Program Options: Start by visiting the official website of IGNOU and explore the various programs available. Choose the one that best fits your educational and career goals. If you are thinking of learning the M.Com course then you have to click on the M.Com course.

Online Application: Once you have decided on a program, complete the online application form provided on the website. This form requires basic information such as your name, date of birth, address and contact information.

Submission of documents: After filling the application form, you will need to upload scanned copies of required documents such as your diploma, educational certificates and passport-sized photographs. Make sure all documents are clear and legible.

Payment of Fees: Proceed to pay the application fee online through the designated payment gateway. IGNOU offers various payment options to facilitate hassle-free simple transactions.

Confirmation: After successfully submitting the application form and fees, wait for the confirmation of admission from IGNOU. Once your application has been processed, you will receive additional instructions on study materials, credentials for accessing online learning pathways, and other relevant information.

By following these five simple steps, you can complete IGNOU’s admission process and start your journey to higher education and personal development.

What is the career scope after completing the M.Com course from IGNOU?

Chartered accountant
Chartered Accountant, also referred to as CA, is one of the most preferred courses after M.Com. The role of the CA is to manage all the financial statements created in the business. The course is managed by ICAI (Institute of Chartered Accountants of India). This course requires specialized preparation, but one can opt for this program even after completing high school.

Become a Certified Public Accountant
CPA stands for Certified Public Accountant and is one of the most popular career options after M.Com. CPA is a globally recognized degree and you will be amazed to know that it is the highest measure of competence in accounting.
A CPA's primary responsibility is to support businesses and individuals in planning and achieving their financial goals.

Chartered Financial Analyst (CFA)
The US-based CFA Institute offers this program to provide the Chartered Financial Analyst charter to the qualifiers. There are three levels that candidates must pass to become a CFA. This course is 2.5 years long but takes about 4 years to complete on average. This course offers an excellent opportunity for you after M.Com and opens the door to the world of finance and investment.

To register for this course, you must be either a graduate with a Bachelor's degree or equivalent or in your final year of graduation. You will also be eligible if you have a total of four years of full-time experience.

Chartered Financial Analyst is a globally recognized qualification in finance and investment. If you have recently graduated or are in your final semester, you may be eligible to become a CFA. Interest? We strongly recommend that you check out our Chartered Financial Analyst (CFA) course.

Cost and Management Accounting (CMA)
The CMA exam is conducted by the Institute of Chartered Accountants of India (ICAI). To become a CMA, you must qualify for three CA levels: Foundation, Intermediate and Final. Once you pass these levels, you will be awarded the CMA certification.

CMA individuals gain expertise in mainly two areas: management accounting and financial management. This helps them gain knowledge in financial planning, control, analysis and decision support.

Financial Risk Manager (FRM)
This is one of the best options for you after M.Com if you are looking for a short-term course. The Financial Risk Management Program is a 9-month course regulated by GARP (Global Association of Risk Professionals). Once you complete this course, you will receive a certificate of completion.
In today's ever-changing financial market, risk management plays a vital role in any business organization.
The FRM course provides students with hands-on and experiential training in addition to improving their soft skills such as interpersonal, communication and emotional brilliance.

These are some good career options after M.Com, some of which may seem more interesting than others considering the career scope. You can choose what interests you the most, but be sure to weigh your options and read student reviews to make an informed decision.

IGNOU University Distance Education M.Com Review 2024, Good or Bad?

Indira Gandhi National Open University (IGNOU) offers the Master of Commerce (M.Com) program through distance learning, giving students the opportunity to pursue higher education in commerce In 2024, the IGNOU M.Com program continues to have positive reviews on its comprehensive curriculum, experienced faculty and flexible learning methods. They also appreciate the textbooks they provide. Overall, IGNOU’s M.Com program is considered beneficial for individuals looking to advance their careers in business through distance learning.

FAQ
1. What is the Distance M.Com program of IGNOU?
IGNOU Distance M.Com program is a postgraduate course in commerce offered through distance learning, where students can study distance at their own pace.

2. What are the eligibility criteria for the Distance M.Com program of IGNOU?
To be eligible for IGNOU’s Distance M.Com program, aspirants must possess a Bachelor’s Degree in Commerce or a related field from a recognized university.

3. How do I apply for IGNOU’s Distance M.Com program?
You can apply for IGNOU’s Distance M.Com program by filling out the online application form available on the IGNOU website and submitting the required documents.

4. What is the duration of the IGNOU Distance M.Com program?
The duration of IGNOU’s Distance M.Com program is usually two years. However, students have the flexibility to complete the program in five years.

5. What are the study materials offered for the Distance M.Com program of IGNOU?
IGNOU provides comprehensive study materials for its Distance M.Com programme, including textbooks, audio-visual equipment and online facilities to facilitate distance learning