IGNOU Distance BCom 2024: Fee, Admission, Eligibility

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Jagpreet

04 October, 2024

IGNOU Distance BCom 2024: Fee, Admission, Eligibility

In today’s time, pursuing distance education has become more convenient than ever. A few decades back, distance education in India meant IGNOU. Although there are many colleges and universities today, IGNOU still shines the brightest for a huge student population in India and abroad. IGNOU has revolutionised the distance education sphere of the country and stands as the guiding light for others.

So, if you are seeking to enrol in a distance BCom programme , IGNOU is among the best choices. Wondering how? Well, you can conclude for yourself after reading this blog. It discusses the facilities and evaluates IGNOU’s distance BCom programme on different parameters.

Let’s start with a small background of IGNOU.

About IGNOU

The Indira Gandhi National Open University began the journey of quality distance education in 1985. IGNOU is the largest open university in the world, and it has the highest student enrollment. It runs on the objective of taking education to the doorsteps of students irrespective of age, region, religion and gender. Owing to the high structure of the institution, IGNOU has an international presence with national jurisdiction. With time and the changing needs of the students, IGNOU has kept pace with the technology-enabled educational tools.

At present, it serves over 3 million students in India and abroad through 67 regional centres, 2,667 learner support centres and 29 overseas partners. The university offers a wide range of courses including certificate, diploma, degree, and doctoral programmes. Earlier the university only offered distance education programmes; however, as time changed, IGNOU started the Centre for Online Education (COE) in 2019. IGNOU’s excellence in distance education was rewarded by the Commonwealth of Learning (COL), Canada many times in the past. Moreover, the university has received many accolades over the years.

Rankings and Accreditations

  • NAAC A++

  • UGC-DEB

  • AICTE

  • ACU

  • AIU

Related: Is IGNOU Distance Education Degree Valid? 

A Peak Into the IGNOU’s Distance BCom

IGNOU’s distance BCom programme is a two-year programme which is under the FYUP scheme. The programme is approved by UGC-DEB, thus, ensuring its validity and credibility in the job market or further studies. This course is designed to imbibe the right knowledge, skills, and attitude among the learners to settle in the business and commerce dimension. It would include interactive teaching-learning systems to enhance student engagement and retention. By the end of the programme, you will have strong analytical skills and financial and accounting knowledge.

In addition to this, the university has a dedicated Campus Placement Cell which brings suitable employment opportunities. For this, you have to submit your resume on the official website ([email protected])so that you receive regular updates.

Highlights of IGNOU’s Distance BCom

Course Name  Distance BCom
Eligibility  10+2 from a recognised board or its equivalent
IGNOU Distance BCom Course Fee INR 4,500 per year 
Duration  3 years (4th year for those who wish to choose a major.)
Class Mode Self-paced  
Exam Mode Offline at the regional centres 
IGNOU Admission Cycle  Twice a year in January and July 
Placement Opportunity  Placement drives are conducted by Campus Placement Cell

Benefits of Choosing IGNOU

IGNOU is one of the most affordable and credible open universities for distance education programmes in Asia. If you choose IGNOU for a distance BCom course, you get the following benefits:

  • Multiple learning resources

  • Audio-video programmes

  • A globally recognised degree

  • Availability of audiobooks on the eGyanKosh platform

  •  Affordable BCom programme

  • Learning centres to support remote learners

  • Digital study guides and printed study material

  • Placement opportunities

  • Updated curriculum on the lines of NEP

Application Process of IGNOU

The admission process of IGNOU is easy and convenient. You have to pass through the following steps to enrol in your desired programme:

  • Register Online

  • Fill out the Application Form

  • Pay the Fee

  • Get Admission Confirmation

  • Check your Study Centre and Regional Centre

What is the Fee Structure of IGNOU’s Distance BCom?

IGNOU is the most affordable university in India with minimal tuition fees and no extra expenses. So for those who are looking for an affordable option, IGNOU is a good choice.

Per year  INR 4,500 
Total Fee INR 9,000 
One-time Registration Fee INR 850
One-time University Development Fee INR 200

Also Read: IGNOU’s Online BBA Programme Details 2024 

Updated Syllabus of IGNOU’s Distance BCom

Each semester consists of 20 credits with three exit options after every year.

Semester 1 Semester 2
Business Organisation and Management  Financial Accounting 
Overview of Retailing  Personal Selling and Salesmanship
Environmental Studies Computer Application in Business
Introductory Microeconomics (or any other course the given options) Value Addition: An Overview 
Semester 3 Semester 4
Business Management and Statistics  Income Tax Law and Practice 
Business Law Principle of Marketing 
Logistics Management  Entrepreneurship
English Communication Skills 
Or 
Modern Indian Language 
E-commerce 
Semester 5 Semester 6
Corporate Accounting  Cost Accounting 
Company Law Management Accounting 
Redressal of Consumer Grievances: Role of Various Stake Holders Introduction to NGO Management
Managing Stress Internship/Data Analytics

The fourth semester is for those who wish to get a BCom (Hons) degree.

Semester 7 Semester 8
Business Environment Business Research 
Organisation Theory and Behaviour  Project Work 
Or 
Business Ethics and CSR
Managerial Economics Management of Financial Services 
Strategic Management Consumer Behaviour 

Careers You Can Pursue After Distance BCom

Do you know why BCom is the most popular choice for high school graduates? Because of the vast career opportunities for commerce graduates in India. This degree prepares you for various roles across different industries. Let’s see a few job roles you can pitch for after completing the distance BCom degree.

Job Roles  Average Salary
Chartered Accountant INR 10.9 LPA
Company Secretary  INR 9.1 LPA
Risk Manager INR 12.2 LPA
Tax Consultant  INR 7.3 LPA
Financial Analyst  INR 6.1 LPA
Investment Banker INR 16.6 LPA
Credit Analyst  INR 8.4 LPA
Human Resource Manager INR 11 LPA
Account Executive  INR 3.9 LPA

Wrap Up

In India, IGNOU is a synonym for distance education. Flexibility, affordability, and quality of education are what define IGNOU’s distance BCom programme. There might not be extraordinary facilities at IGNOU like private institutions, however, its degree is valid overseas as well. This ensures that the coursework you will study at IGNOU will be completely relevant and as per the current standards.


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