The Masters of Commerce (M.Com) is a post-graduate program covering areas on accounting, management, banking and economics related subjects. The uniqueness of this curriculum is that it allies with other Management courses and the student with the M.Com degree is a multi-tasker.
The program prepares students to seek placements in industries / corporates / government institutions and PSUs. They can also take up jobs in Civil Services, Economic Services, CDSE, Air Force Accounts, Defense Services etc. The program also facilitates students to pursue higher professional courses like CA, CFA, ICWA, etc.
Admission Calendar | |
Last Date for Submission of Completed Application Form | 22 July 2024 |
Last Date for payment of admission fee | 27 July 2024 |
Interview and Admission Decision on or before | 26 July 2024 |
Reporting at the ICFAI University for submission of certificates and verification by producing originals and registration | 29 July 2024 |
Payment of First Semester Fee | 29 July 2024 |
Commencement of Preparatory Classes |
05 August 2024 - 09 August 2024 |
Commencement of Regular Classes | 12 August 2024 |
The M.Com Program covers 29 courses apart from soft skills and two management theses spread over 4 semesters in 2 years. Students are also required to undergo a summer internship program.
Electives
Students are encouraged to choose four courses from a list of elective. Students will have the flexibility in choosing more than one course from these elective streams. Elective courses will be offered subject to a optimal number of students opting for the same elective.
Year I |
Semester - I |
Semester - II |
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Summer Internship Program |
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Year II |
Semester - III |
Semester - IV |
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The program structure is subject to periodic review
Electives
Electives: Finance & Banking:Project Management; Money and Banking; Rural Banking and Micro Finance;
Security analysis. Accountancy: Advanced Financial Accounting Advanced Management Accounting; Advanced Cost Accounting; Human Resource Accounting.
Marketing & Entrepreneurship: Consumer Behavior; Retail Management; Entrepreneurship; Management of Small Enterprise.
Taxation Management and Law: Corporate Tax Planning; Principles & Practice of Taxation and Indian Tax System; Corporate Law; Industrial Law.
Admission Modalities
The Admission Modalities are with reference to the campus-based programs offered by the ICFAI University, Meghalaya at Tura & Shillong campuses. The medium of instruction is English.
Eligibility
Pass in Graduation in any discipline from a recognized University with at least 45% marks. Final year degree students awaiting results are also eligible to apply.
For the purpose of determining eligibility based on aggregate percentage of marks, the procedure used by the respective university in award of the degree will only be taken into consideration. All applicants should have completed a minimum of 15 years of formal schooling by July 18, 2024. Applicants who have completed their graduation on a one-time sitting basis or on a 2-year basis are not eligible for admission to the M.Com Program.
Students in their final year bachelor’s degree course are also eligible to apply, provided they complete their graduation requirements including practical examinations/viva assignments before July 18, 2024. Such applicants will have to produce a certificate to that effect at the time of admission. The admission of applicants will, however, remain provisional until they produce mark sheets and a degree certificate establishing their eligibility. The registration of the candidates not meeting the criteria / non-submission of graduation transcripts by September 16, 2024 will be cancelled and admission fee will be forfeited and only 50% of the semester fee will be refunded after notifying the cancellation of the seat by the University.
Spot admission will be given to deserving students.
Admission Criteria
- The selection of applicants into the Program is made through screening of application and interview.
- While evaluating students for admission, due weightage is given to their academic distinction, awards in sports/cultural events, debates, quizzes and other extra co-curricular activities.
- Original certificates and Domicile certificate should be produced for verification at the time of payment of first semester fee. The original certificates will be returned after verification.
Special Reservation
- There shall be a special provision for admission of students belonging to the State of Meghalaya in any course of ICFAI University, Meghalaya, which shall not be less than 25 (twenty-five) percent of seats in each course / discipline subject to the students meeting the minimum qualifying requirements referred to above.
- Seats remaining unfilled under special reservation may be filled up by allotting the same to students belonging to Open Category.
Students interested can apply by any one of the following methods
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Online Application
Applicants can apply online by filling up the Application Form available at www.iumeghalaya.edu.in and make payment of Rs. 300 towards online Registration charges by using Credit / Debit Card (Visa / Master Card / Citibank Card) or Internet banking option using secure internet payment gateway. Applicants applying online should attach their scanned colour photograph along with the Online Application. The Prospectus will be sent to such applicants.
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Fill the Application Form
Applicants can fill in the application form and send it to the Admissions Office.
The applicants are advised to read the guidelines carefully before completing the Application Form for Admission.
Application Form
- Please make sure that you meet the eligibility criteria before filling up the form.
- Fill the Application Form in Capital Letters.
- Provide all the available information under appropriate sections.
- Make sure to sign the Application Form.
- Retain a photocopy of the completed Application Form.
- Enclose a Bank Demand Draft / Receipt for online payment for Rs. 300.
Applicants have to enclose attested copies of the following certificates (Attestation should be done by any Gazetted Officer/Principal of the College).
- Date of Birth Certificate/Class X Certificate.
- Marksheet of Class XII/Degree certificate (as may be applicable).
- Domicile Certificate.
- Migration Certificate
- Any other certificates pertaining to academic and other activities.
- Please paste your recent passport size colour photograph on the Application Form given on next page.
The completed Application Form for Admission along with a Bank Demand Draft / Receipt for online payment for Rs. 300 (drawn in favour of ‘The ICFAI University, Meghalaya - Fee Collection A/c’) may be submitted to:
The Admissions Officer, The ICFAI University, Meghalaya, Tura Campus
Danakgre, (Near BSF Camp), P O Araimile,
Ph: 9612885981, 8014241976
E-mail: admissions@iumeghalaya.edu.in
Website: www.iumeghalaya.edu.in
The Admissions Officer, The ICFAI University, Meghalaya, Shillong Campus
Phawa Ville, Near Shillong Law College, Dhankheti,
Ph: 0364-2220057, 9485158603, 8794250646
E-mail: admissions@iumeghalaya.edu.in
Website: www.iumeghalaya.edu.in
Fee Schedule
Fee comprises of Admission Fee and Program Fee.
Admission Fee (Non-Refundable)
Admission Fee of Rs. 12,000 is to be paid by all the selected candidates immediately after the admission decision is announced. *Foreign students have to pay an admission fee of Rs. 14,000. The last date for payment of admission fee is July 28, 2024.
Caution Deposit (Refundable)
Students have to pay Rs. 5,000 as Caution Deposit along with the first installment of Program Fee. The Caution Deposit will be refunded without interest after adjusting for dues, if any, to the students on completion of the Program.
Program Fee
Students have to pay the program fee at the beginning of each semester, as per the due dates which will be indicated in the Student Handbook. The first semester fee is to be paid on or before July 28, 2024.
Program | Fee per semester (Rs.) | Total Program Fee (Rs.) | ||||
Domicile | Non-Domicile | International | Domicile | Non-Domicile | International | |
M.Com (4 semesters) | 25,000 | 30,000 | 35,000 | 1,00,000 | 1,20,000 | 1,40,000 |
Domicile: Students from State of Meghalaya. Non-Domicile: Students from States other than Meghalaya.
All payments should be made by way of Challan/Bank Demand Draft drawn on a Scheduled Commercial Bank in favor of “The ICFAI University, Meghalaya - Fee Collection A/c” payable at Tura/Shillong, Meghalaya.