IGNOU B.Com In Accountancy & Finance

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About IGNOU B.Com In Accountancy & Finance

Bachelor of Commerce with a major in Accountancy and Finance is offered through ODL (Open and Distance Learning) mode at IGNOU (Indira Gandhi National Open University). The BCom A&F is specially designed for the students to assist them in developing skills and abilities in the field of accountancy and finance. BCom A&F is offered and designed under collaboration with The Board of Studies, The Institute of Chartered Accountants of India, solely for the Chartered Accountancy students.

The duration of the program is 3 years, as for a bachelor's degree but students at IGNOU can complete their program in a maximum of 6 years (3 additional years are offered for flexibility of students). The main objective of the program is to offer in-depth knowledge of accounts and finance to students to strengthen the base of students in the commerce industry.

Students who are pursuing Chartered Accountancy First Stage offered By ICAI can also enroll under the BCom Major in Accountancy and Finance. The main objective of this facility is to allow students to pursue a dual degree. For students who qualify for the first stage of Chartered Accountancy, their credit score will be transferred to the BCom Major in Accountancy and Finance program.

The university offers a flexible learning environment to the students and gives them a friendly and open ecosystem to access all the facilities offered by the university as per the student's choice. The program offers plenty of career opportunities to students and every organization needs an accountant and finance team to monitor the funds of the company. Some popular job profiles students can look for after completion of their program include financial analyst, account manager, senior accountant, risk analyst, investment banker, etc.

IGNOU is known for its quality education and global exposure offered through its programs. IGNOU is the largest open university worldwide and the first open university in India that is accredited with a NAAC “A ++” grade meanwhile, the university is also recognized by UGC-DEB (University Grants Commission-Distance Education Bureau).

The curriculum of the program is regularly updated and revised according to the latest education policy and the program covers all the major aspects of accountancy and finance such as Fundamentals of Accounting, Mercantile Law, Business Environment, Export Procedures and Documentation, Auditing and Assurance, Advanced Accounting, and so on.

Course Fee

8,100 Full Fee


3 - 6 Years


10+2/equivalent qualification from a valid and recognized university must have cleared the Common Proficiency Test.

Specialization Benefits

  • B.Com A&F is offered through distance education mode at IGNOU but holds the same value and recognition as a regular degree.
  • The program is offered in English and Hindi both the languages and the choice depends upon the student's choice of the most suitable option as per their preference.
  • There are several job opportunities to opt for after completion of the course such as financial analyst, account manager, senior accountant, risk analyst, investment banker, etc.
  • The duration of a B.Com with a major in Accountancy and Finance is 3 years but the university allows students to complete it in a maximum of 6 years.
  • The university allows students to pursue a dual degree program option i.e. B.Com A&F with Chartered Accountancy First Stage offered By ICAI.
  • Students qualified for the first stage of Chartered Accountancy will get their credit score transferred to their BCom Major in Accountancy and Finance program.
  • The university offers print material, audio-visual aids, interactive radio counseling, teleconferencing, counseling, and many other facilities to the students.

IGNOU Approved By

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Who Can Apply?

The eligibility criteria to pursue a Bachelor of Commerce with a Major in Accountancy and Finance (BCOMAF) from IGNOU are mentioned below:

  • The candidate must have a 10+2 or equivalent qualification.
  • Passed the Common Proficiency Test/ PE-I/ Foundation from ICAI
  • Registered themselves under Professional Competence Course/ PE-II/ Intermediate (Chartered Accountancy First Stage) of ICAI or have already cleared the Integrated Professional Competence Course/PE-II/ Intermediate program.

Specialization Wise Updated Fees 2023

General8,100 (Full Fee)
Financial and Cost Accounting7,200 (Full Fee)
Accountancy and Finance8,100 (Full Fee)

Sample Certificate from IGNOU

Acquire a globally recognized online Degree/Diploma/Certificate from:

  • Most trusted platform for online education
  • UGC-entitled government-approved university
  • An award-winning university by the Commonwealth of Learning (COL), Canada


IGNOU Online offers the option of Credit Card/Debit card/Net Banking in its fee payment options but does not provide you a “No Cost EMI” option as of now for any of the online courses.

IGNOU Admission Process

The process for IGNOU online course admission can be completed via the official website’s admission portal. The steps involved in the admission process are listed below.

Step 1: Visit the official website of the university & click on the “Apply Now” tab.

Step 2: Fill out the student registration form & register yourself with the university.

Step 3: After registration, re-login to the admission portal & fill out the admission application form.

Step 4: Upload the scanned copies of mandatory documents & submit the application form.

Step 5: Make the fee payment using payment methods as mentioned on the website.

UGC updated the list of approved ODL & Online programs for the academic batch of 2023-24, Click here to get the list!

Registrations are open for IGNOU’s Skill-based Bachelor Degree for Agniveers. Click Here to Know More.

IGNOU July 2023 session admissions have been started.

The Apply Before it's too late!! Click Here to Enroll at IGNOU Before 20th October.

Precautions to be taken by the students before enrolling for programs offered under ODL & Online Learning Mode, Click here to know!

A degree obtained through ODL mode is equivalent to a traditional degree, Click here to know!

UGC declares a 100% Fee Refund policy for students within a specified period by universities.Click hereto read the full notice.

IGNOU B.Com In Accountancy & Finance Syllabus

Part A

Part B

Part C

  • Fundamentals of Accounting
  • Mercantile Law 
  • General Economics
  • Quantitative Aptitude
  • Business Environment 
  • Export Procedures and Documentation
  • Foundation Course in Science and Technology/Foundation Course in Humanities and Social Sciences (choose one)
  • Foundation Course in English 1
  • Foundation Course in English 2/Foundation Course in Hindi 2 (choose one)
  • English for Business Communication/Prayojan Mulak Hindi (choose one)
  • Advanced Accounting
  • Taxation
  • Information Technology and Strategic Management 
  • Auditing and Assurance
  • Cost Accounting & Financial Management 
  • Law, Ethics & Communication

IGNOU Examination Pattern

The examination pattern followed at IGNOU online for different types of courses are semester mode, i.e., exams are conducted by the university at an interval of 6 months. For online courses, exams are conducted through an AI-proctored tool for an unbiased performance evaluation of students.

Job Roles after B.Com in Accountancy and Finance

There are plenty of job opportunities and career aspects to choose from after completion of BCom A&F, every organization in every industry requires compatible and skilled candidates in their finance and account department and they offer decent job profiles with lucrative packages, some popular job profiles for students can opt after completion of BCOMAF are mentioned below:

  • Financial analyst
  • Account manager
  • Senior Accountant
  • Risk analyst
  • Investment banker

Job Profile 

Average Salary Package (in INR)


2.7 - 5 LPA

Financial Analyst

5.8 LPA

Personal Financial Consultant




IGNOU Placement Partners

Students of IGNOU Online are working at

  • Top MNCs all over the world
  • Have high employability percentage over others
  • Are recognized by industries in the international market

Our students work at

  • 50%

    Average Salary Hike

  • 300+

    Hiring Partners

  • 3X

    Increase in Interview Opportunities

    Frequently Asked Questions?

    Pursuing a Bachelor of Commerce with a Major in Accountancy and Finance at IGNOU has several benefits such as no classes to attend, a valid and recognized graduation certificate from a globally competent university, affordable fees, facilities like teleconferencing, counseling, and so on.

    The eligibility to earn a BCOMAF degree requires 10+2 or equivalent qualification, qualified Common Proficiency Test/ PE/ Foundation from ICAI, registration under Professional Competence Course/ PEII/ Intermediate (Chartered Accountancy First Stage) of ICAI, Professional Competence Course/PEI/ Intermediate program qualified.

    There are plenty of job opportunities and career aspects to choose from after completion of BCom A&F, every organization in every industry requires compatible and skilled candidates, some job profiles are financial analyst, account manager, senior accountant, risk analyst, investment banker, etc.

    The last date to get enrolled under the BCOMAF program is 20 October 2023.

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    Arvind Kumar


    Reviewed in India on November 22, 2023

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    Reviewed in India on June 29, 2023

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