Get fees on WhatsAppYes. Indira Gandhi National Open University holds UGC Recognised by the University Grants Commission · UGC-DEB Distance Education Bureau recognised · AICTE Approved programmes · NAAC NAAC accredited, and an online or distance degree from an entitled university carries the same legal standing as the campus version for government recruitment, PSU applications and further study. Always check the entitlement covers your exact intake year before you pay the fee.
IGNOU Master of Commerce at a glance
The Master of Commerce at IGNOU is priced at ₹18,600 for the 2 years programme, squarely in the middle of what this degree costs online. The award is backed by UGC Recognised by the University Grants Commission · UGC-DEB Distance Education Bureau recognised · AICTE Approved programmes · NAAC NAAC accredited, so it is treated the same as the on-campus degree by employers and by universities you apply to later. Payment is per semester at ₹4,650, which spreads the cost across the programme.
- Total fee
- ₹18,600
- Eligibility
- Bachelor's degree
- Duration
- 2 years
- Specialisations
- 0
Fees and eligibility last verified on 2026-08-14 against the university's official pages.
IGNOU M.Com: the questions people actually ask
The published total is ₹18,600 for the complete 2 years programme, or ₹4,650 per semester, which works out to about ₹9,300 a year. Verified against the university's own fee notification on 2026-08-14.
The honest answer depends on what you are optimising for. Compare IGNOU against Online Manipal on total fee, approval status, specialisation fit and placement support rather than on brand alone. Our side-by-side pages put those parameters in one table so you can see where the extra money actually goes.
Graduates typically move into roles such as Accountant, Tax Associate, Audit Assistant. Reported pay for Accountant sits around 4 – 9 LPA, though an online degree is a qualification rather than a placement guarantee — outcomes depend on your prior experience, specialisation and location far more than on the university name.
The standard duration is 2 years. Most Indian universities also allow a maximum period of roughly double that for learners who need to pause, so a working professional can stretch the programme without losing credits. Bachelor's degree
- Programme
- Master of Commerce
- University
- IGNOU
- Level
- PG
- Duration
- 2 years
- Mode
- Online, Distance
- Fee band
- ₹20,000 – ₹1,08,000
- Specialisations
- 0
- Admissions
- Closed
Overview
Master of Commerce is listed by 2 universities in the 2026-27 dataset. At Indira Gandhi National Open University, it runs for 2 years and is delivered Online / Distance, with UGC Recognised by the University Grants Commission · UGC-DEB Distance Education Bureau recognised · AICTE Approved programmes · NAAC NAAC accredited backing the award.
Indira Gandhi National Open University lists the Master of Commerce as an open-university programme based out of New Delhi, Delhi. IGNOU delivers this as distance study over 2 years, built around self-paced material and scheduled examinations rather than a live class timetable. The award carries UGC Recognised by the University Grants Commission, UGC-DEB Distance Education Bureau recognised, AICTE Approved programmes, NAAC NAAC accredited on record — the recognition line worth checking before any fee payment.
The published total for the full programme is ₹19K, billed at roughly ₹5K a semester. Against the ₹1.08 L median published by the other universities tracked here for the same degree, that is ₹89K lower.
No branch-wise specialisation list is published for this programme at IGNOU; the curriculum runs as a single track. No placement support is published against this programme in the IGNOU record, so plan your job search independently of the university. 2 universities on this site publish this degree, which makes a direct fee-and-recognition comparison the fastest way to sanity-check IGNOU.
UGC
Recognised by the University Grants Commission
UGC-DEB
Distance Education Bureau recognised
AICTE
Approved programmes
NAAC
NAAC accredited
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Specialisations at a glance
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Specialisations
Elective tracks and their subjects
Accounting & Finance electives
- Advanced Financial Reporting
- Corporate Finance
- Investment Analysis
- Risk Management
- Financial Analytics
Specialisation subjects are electives, not compulsory core papers. Availability varies by university.
Future of Master of Commerce in India in the Next 10 Years
Finance and accounting work in India is being reshaped by GST maturity, digital audit trails and automation of routine bookkeeping. What is growing instead is analysis, compliance and advisory work — and that is where a commerce master's degree stays relevant.
- Compliance and advisory roles growing as bookkeeping automates
- Financial analytics tools entering the syllabus
- PG degree used alongside CA/CS/CMA preparation
- Steady demand from banking and government examinations
- Taxation and audit specialisations gaining depth
An Master of Commerce degree can offer you the following:
- Progression from accounts executive to finance or audit lead roles.
- Entry into taxation, compliance, audit and financial analysis functions.
- Eligibility for banking, insurance and government examinations requiring a PG degree.
- A base for professional routes such as CA, CS, CMA or a PhD in commerce.
- Eligibility for assistant-professor pathways when combined with NET/SET.
Fee structure
Full Fee Payment
₹18,600
Total for the 2 years programme
Each Year Fee
₹9,300
Inclusive of all taxes
Each Semester Fee
₹4,650
Inclusive of all taxes
| Total programme fee | ₹19K |
|---|---|
| Per semester | ₹5K |
| Per year | ₹9K |
| Registration fee | Shared by the university on request |
| Examination fee | Shared by the university on request |
| EMI from | Shared by the university on request |
Show the verified current-session total fee and, where published, separate tuition, examination, project, registration and other components. Never manufacture a total from incomplete components.
IGNOU publishes ₹19K as the total Master of Commerce fee. Across the 2 universities on this site that publish a total for the same programme, the median is ₹1.08 L — this option is ₹89K below it and ranks 1 of 2 from lowest published total.
Figures are published only after verification against the university's own fee schedule — nothing on this page is estimated.
Want to see how this fee compares with other universities?Compare universitiesCurriculum
Curriculum shown as the common Online M.Com course structure. The IGNOU syllabus may vary — confirm the current structure with the university.
Indicative duration: 2 years / 4 semesters (verify university-specific duration)
Semester 1
- Advanced Financial Accounting
- Managerial Economics
- Business Environment
- Research Methodology
- Management/Organizational Behaviour
Semester 2
- Corporate Finance
- Advanced Cost & Management Accounting
- Marketing/Business Strategy
- Taxation
- Statistics/Business Analytics
Semester 3
- Advanced Elective 1
- Advanced Elective 2
- Financial/Business Analytics
- Corporate/International Business
- Research/Project
Semester 4
- Advanced Elective 3
- Advanced Elective 4
- Dissertation/Major Project
- Applied Commerce/Industry component
Sample degree
The degree awarded by Indira Gandhi National Open University is recognised by the relevant regulatory bodies and makes no mention of the learning mode, so it is accepted for every career and higher-study route.
UGC-DEB entitled
The degree is valid for government, private and overseas jobs as well as higher studies.
Digitally verifiable
Carries QR / online verification so employers can authenticate it instantly.
Officially stamped
Issued with the university seal and signatures — identical to the on-campus degree.
Eligibility
Required documents
The official document checklist for this programme is not published yet. Confirm it on the university admission portal before applying.
Admission process
IGNOU M.Com admission
University admission process
Admission to this programme follows IGNOU's standard online admission process. Programme-level eligibility still applies.
- Intake
- July 2026
- Application mode
- online portal
- Admission cycles
- IGNOU operates January and July admission cycles; current 2026 notices govern the exact deadline.
- Entrance requirement
- Programme-specific; most notified programmes use the stated admission process, while some programmes may have entrance/selection rules.
How to apply
- 1
Create registration on the relevant IGNOU Samarth admission portal.
- 2
Enter applicant and academic details.
- 3
Select the notified programme.
- 4
Upload required documents.
- 5
Submit application and applicable fee.
- 6
Track admission/status through the portal.
Examination pattern
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IGNOU M.Com examination pattern
University-level examination pattern
- Examination mode
- programme dependent
- Assessment structure
- Online programmes use semester/term-end examination structures; the referenced current online-programme material describes AI-proctored online examinations, while IGNOU also has separate ODL examination processes.
Do not apply online AI-proctored exam mode to ODL programmes automatically.
Placement support
Placement support at IGNOU
Placement assistance
Access to a job board or referrals, where the university operates one for online learners.
Resume support
Guidance on positioning experience and coursework for target roles.
Mock interviews
Practice interviews and feedback, where offered.
Career counselling
One-to-one guidance on role and specialisation choices.
Industry sessions
Guest lectures, webinars and networking events.
Internship support
Assistance for learners without work experience, where the university runs it.
Placement assistance is not the same as guaranteed placement. Ask IGNOU in writing what its career service actually includes for online learners.
Indicative recruiter list published for the university's online and campus programmes. Placement support does not guarantee a job offer.
Career opportunities
| Job role | Average package (per year) |
|---|---|
| Accountant | 4 – 9 LPA |
| Tax Associate | 4 – 9 LPA |
| Audit Assistant | 4 – 9 LPA |
| Finance Executive | 3 – 7 LPA |
| Financial Analyst | 7 – 16 LPA |
Average packages are indicative market ranges for these roles in India, not IGNOU placement guarantees. Ranges are compiled from published Indian job-market salary aggregators (Glassdoor, AmbitionBox, Naukri) for 2025-26 and refreshed each session. They are role averages for the Indian market, not university placement figures.
Indicative recruiter list published for the university's online and campus programmes. Placement support does not guarantee a job offer.
IGNOU M.Com career opportunities
University career support
Scholarships
Scholarships may be available. Check IGNOU's current scholarship policy before applying.
IGNOU M.Com scholarships
University scholarship
These are IGNOU scholarship categories. Applicability to this programme depends on the current scholarship notice.
Government scholarships through National Scholarship Portal
University scholarshipEligible learners can apply for applicable Government of India scholarship schemes through the National Scholarship Portal after admission confirmation; eligibility is scheme/category specific.
Learning experience
ShowHide
Online programmes are delivered through a learning management system with recorded lectures, reading material, assignments and assessment. The exact mix of live sessions, recorded content, mentoring and doubt-clearing support offered by IGNOU for this programme is published only where the university documents it.
Learner-support features change by admission cycle. Verify the current LMS access, live-class schedule and support channels on the official programme page before you enrol.
Who should choose it
Who should choose it
- • You meet the published eligibility: Bachelor's degree
- • A 2 years study commitment fits your work schedule.
- • You want the Master of Commerce exactly as delivered by IGNOU, and the published curriculum matches your goal.
- • The verified fee for this programme fits your budget.
Who should reconsider
- • You need on-campus lab, studio or clinical work.
- • You need a specialisation this programme does not officially publish.
- • You are relying on a guaranteed placement — no university guarantees one.
Explain who the programme may suit and who should reconsider based on verified eligibility, curriculum, assessment, flexibility and cost.
Choose IGNOU for this course if
- • You want the recognised degree at a below-median published cost (₹19K in total here).
- • You would rather hold a government/open-university degree than a privately priced online programme.
- • Your employer or PSU application asks for AICTE recognition on a technical programme.
Look elsewhere if
- • You are enrolling primarily for placement assistance — none is published for this programme.
- • You expect live online classes; this record is distance-mode study.
- • You need a specific specialisation on the final marksheet.
IGNOU M.Com head-to-head comparisons
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Fee offers & scholarships on IGNOU M.Com
Check the live scholarship slabs and EMI options before you apply.
IGNOU reference pages
References
Frequently asked questions
The Master of Commerce at IGNOU sits in the ₹20,000 – ₹1,08,000 band across the full 2 years programme. The exact figure is confirmed against the university's official fee page before publication.
Bachelor's degree
Indira Gandhi National Open University holds UGC Recognised by the University Grants Commission · UGC-DEB Distance Education Bureau recognised · AICTE Approved programmes · NAAC NAAC accredited, so the degree carries the same recognition as the equivalent on-campus programme.
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