IGNOU Master of Commerce in Finance & Taxation (M.Com (F&T)) Admission, Eligibility, Courses

Master of Commerce in Finance & Taxation (MCom (F&T)) from IGNOU

The Indira Gandhi National Open University (IGNOU) offers admission to its Master of Commerce in Finance and Taxation (M.Com (F&T)) in both January and July academic cycles.

The programme has been designed and developed in collaboration with The Board of Studies, The Institute of Chartered Accountants of India exclusively for the Chartered Accountancy Final stage students.

The students who are currently pursuing Chartered Accountancy Final Course or those who have already completed Chartered Accountancy are eligible to seek admission to this programme.

Programme Objective

The main objective behind developing this programme is to inculcate skills and competencies among the students in the field of Accountancy, Finance and Taxation. The university provides an option for students to simultaneously study this programme alongwith Chartered Accountancy Final Course offered by ICAI.

IGNOU MCOMFT Admission Prospectus

The Master of Commerce in Finance & Taxation (M.Com (F&T)) prospectus can be obtained from the nearest IGNOU Regional Centre or it can be ordered online by paying a fee in the form of Demand Draft in favour of IGNOU, New Delhi and sending to Registrar (SR&E), IGNOU, Maidan Garhi, New Delhi-110068.

It can also be obtained from IGNOU ARMY, NAVY, AIR FORCE AND ASSAM RIFLES Recognised Regional Centres. or you can download IGNOU M.Com (F&T) Prospectus from IGNOU official website. For student convenience, we have also provided it below:

IGNOU MCOMFT Programme Detail

The admission eligibility, programme duration  and other conditions to take admission in this programme are mentioned below :

Medium of Instruction

At present, the programme is offered in both English as well as Hindi medium. It depends upon you to choose the language for study. The study material and assignments will be provided to you in the medium of your choice.

Also, you have to write the Tutor Marked Assignments (TMA) and Term End Examination for this programme in the same medium. Other study aids like Audio/video programmes and counselling will be provided through the same medium that you choose at the time of registration.

Admission Eligibility

 The candidates seeking admission to this programme should follow the below mentioned eligibility conditions. These are as follows: 
He / She should be Graduate in any discipline or equivalent from a recognized University/Institute OR Who has already passed Chartered Accountancy.

Programme Fee

The total fee for this programme is Rs. 8,400/- which students have to pay at the time of registration after filling up admission form online.Therefore, it is not required to re-register for the 2nd year and pay any fees as the fee covers the whole programme.

(Note: The University will keep changing the fee from time to time and one will have to find out the details from the Study Centre/Regional Centre.). The additional fee charges may apply as per University norms.

Programme Duration

The minimum duration required to complete for this programme is 2 years and the maximum duration for this course is 5 years. The University provides a lot of flexibility to students in completing this programme.

In case if any student fails to complete all the required courses within the maximum period of 5 years, then he/ she have to take re-admission by paying the prescribed fee.

Age Requirement

There is no minimum and maximum age required to take admission.

IGNOU M.Com(F&T) Courses

 To complete the degree in  Master of Commerce in Finance & Taxation, you have to clear 13 courses out of which 5 courses are offered by Indira Gandhi National Open University (IGNOU) and remaining 8 are part of Chartered Accountancy Final Course.

Once a student passes the 8 courses of Chartered Accountancy Final Course, he/she receives credit transfer for those 8 courses in this programme. This scheme facilitates the student to obtain duel degree simultaneously when a student passes Chartered Accountancy final, he/she becomes the member of Chartered Accountancy and at the same time he/she is also qualified to receive this M.Com degree by completing only 5 more courses from IGNOU.

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 to be studied as part of Chartered Accountancy Final Stage 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
(Section A – Company Law; Section B – Allied Laws)
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
(Section A – Central Excise; Section B – Service Tax & VAT; Section C – Customs)

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Sumit Sharma

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