What is IGNOU B.com A&F degree for CA students? What are the advantages and disadvantages of doing it?

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Parneet Kaur Posted On - Oct 14, 2022
Studied BCOM (Accounting and Finance) at Indira Gandhi National Open University (IGNOU)
Many qualified Chartered Accountants are missing out on opportunities simply because the employer's policy requires a bachelor's degree. Also, CA is merely a qualification, more akin to a certificate/membership than a degree. As a result, ICAI and IGNOU have signed an MOU for a credit transfer system. As a result, CA students are exempted from writing certain papers in the IGNOU Bcom curriculum. It is advised to apply immediately after passing the IPCC (both groups). After passing the IPCC, you will be able to write BCom exams for only six subjects. (In contrast to the traditional system, in which students must write 6 papers over 3 years = 18 exams) One can also apply after CPT, but one will need to write more subjects. Advantages:
  • Only six exams
  • Only 6 days of the holiday are required (exam days).
  • There are only six assignments to complete.
  • The course fee is only Rs 6500-7000 for the entire duration of the course. That's all there is to it.
Disadvantages:
  • BS cannot be written in exams.
  • One study will obtain a minimum of 65%. The exact percentage of a Bachelor's Degree that employers look for.
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