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Manavta
27 November, 2025
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Indira Gandhi National Open University (IGNOU) is India’s number one open university that offers a master’s programme in multiple fields, including commerce. MCom is one of the popular IGNOU PG courses. IGNOU MCom syllabus is divided into 4 semesters and includes subjects like business environment, financial management, organisation theory and more.
The IGNOU MCom course subjects provide in-depth knowledge in the various domains of the field of commerce. The total fee structure of the M.Com course is approximately INR 20,000, which is highly affordable. Let us have a look at the IGNOU MCom semester-wise syllabus breakdown.
Indira Gandhi National Open University or IGNOU offers a Master of Commerce programme in online and distance learning (ODL) mode. The programme is highly flexible and accessible in nature, as learners do not have to attend classes like in a regular M.Com degree. Learners are provided with study materials by the institute, and they can study at their own pace and convenience. The course is open for learners of all ages and varied backgrounds who possess a graduation degree in any discipline. Here are the various reasons why IGNOU M.Com programme is a perfect option for learners:
The curriculum of the Master of Commerce programme offered by IGNOU has been designed by industry experts. Since the course is highly affordable and offers many merits, students across the country and the world take admission into this programme. Therefore, the IGNOU M.Com syllabus has been designed in such a way that it meets industry-relevant demands and equips learners with the relevant skills and knowledge to increase their job prospects and professional opportunities. The IGNOU curriculum has been divided into four semesters for its M.Com course. Let’s have a look at the syllabus taught in IGNOU M.Com course.
| Semester 1 | Semester 2 |
|---|---|
| Organisation Theory and Behaviour | Marketing Management |
| Business Environment | Quantitative Analysis for Managerial Applications |
| Accounting for Managerial Decisions | Strategic Management |
| Managerial Economics | Business Ethics and CSR |
| Semester 3 | Semester 4 |
|---|---|
| Research Methodology and Statistical Analysis | International Business Environment |
| Financial Management | International Business Finance |
| International Marketing Management | Project |
| India’s Foreign Trade and Investment |
IGNOU, the number one open university in India ranked by the National Institutional Ranking Framework (NIRF), offers highly affordable degrees that a learner can pursue despite any physical, social, or economic barriers. Therefore, the fee structure of the courses offered by IGNOU is always affordable compared with other government or private institutions in India. Below is the fee structure for the M.Com course at IGNOU Delhi.
| Programme Name | Details |
|---|---|
| Programme Name | M.Com (Master of Commerce) |
| Mode of Learning | Online/Distance Learning Mode |
| Fee Structure |
INR 20,000 (Total Fee) INR 10,000 per year |
For admission into the IGNOU M.Com programme, an applicant needs to have passed a graduation degree in any discipline from a recognised university or institution, or possess an equivalent qualification. The minimum duration of the programme is 24 months, and the maximum duration is 48 months.
After completing the M.Com degree from IGNOU, a learner can start their professional journey either in government or private financial enterprises, industries, or public sector undertakings (PSUs) related to accounting, finance, international business, and other commerce fields. Learners can explore opportunities in banking, taxation, auditing, trade, financial consulting, and investment sectors.
| Job Role | Pay Range (in INR) |
|---|---|
| Financial Analyst | INR 6–15 LPA |
| Accountant | INR 3–8 LPA |
| Investment Banker | INR 10–30 LPA |
| Tax Consultant | INR 5–12 LPA |
| Finance Manager | INR 15–50 LPA |
| Auditor | INR 14–35 LPA |
| Relationship Manager | INR 8–20 LPA |
| Business Analyst | INR 5–15 LPA |
| Entrepreneur | INR 6–20 LPA |
Please note that the salary figures are based on data driven by AmbitionBox and Glassdoor. Know that these are ballpark ranges, and the salary figures may vary depending on industry, location, type of organisation, experience, skills, additional qualifications, and other factors.
Are you interested in knowing anything about the admission process for any IGNOU course? Let’s explore more about taking admission into the M.Com programme at IGNOU. We have mentioned the admission process for taking admission into the IGNOU M.Com programme in a few easy steps.
Log into the official website of IGNOU and create your student profile. Make sure you have generated your ABC–ID on the SAMARTH portal beforehand.
Choose the M.Com programme and fill out your admission form.
Submit all the required details and attach all the relevant documents.
Pay the course fee and wait for confirmation.
Upon confirmation, all details regarding the programme and further actions will be communicated to you via your email ID.
The IGNOU M.Com programme has been designed so that the course provides both theoretical and practical knowledge of the field of commerce relating to finance, international business, accounting, and various other fields in depth. Offered by the School of Management Studies (SOMS), Professor Anupriya Pandey is the programme coordinator, and learners can reach them through the official credentials mentioned on the official website of IGNOU.
Apart from it, IGNOU M.Com study materials are also provided to the students enrolled in the course. These materials help learners in self-paced learning and aid in their preparation. The course is taught in two languages, Hindi and English, making it easier to understand for learners of varied backgrounds.
IGNOU offers a two-year Master of Commerce programme that provides comprehensive knowledge of the field of commerce and its branches, such as finance, international business, and accounting. The course is highly affordable and spread over four semesters. With a minimum duration of 24 months, a learner can complete the course within 48 months and thereafter work in various public or private domains, PSUs, trade sectors, and other areas related to commerce. The average pay scale of M.Com graduates is comparatively good in India, with ample opportunities for professional growth and success. If you are looking to pursue a highly flexible programme that offers great insight into the field of commerce and its related areas, the IGNOU M.Com degree
IGNOU provides a Master of Commerce (M.Com) course, which is of a duration of two years, spread over four semesters.
Yes, IGNOU is UGC recognised, and therefore all its courses are valid, including the M.Com course.
The cost of the M.Com course is INR 30,000, that is, INR 10,000 per year.
The eligibility for the IGNOU M.Com course is that the candidate should possess a graduate degree in any discipline from a recognised university or possess an equivalent qualification.
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