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

Chartered Accountancy is an altogether dynamic profession that allows individuals to exercise their acumen in the areas of accounting, auditing, corporate finance, and corporate governance. To provide greater support to such a multifaceted program, IGNOU has brought up a special course named B.Com Accounting & Finance degree for CA students.

The details about the program are as follows.

Admission:

• The program can be completed within a minimum period of 3 years while the registration stands valid for 6 years. No re-registration fees are required.

• For students who have cleared the first stage of CA, the time will be automatically reduced.

The fee structure for the program is as follows.

The fee is payable along with the application form and is appropriately valid for 3 years.

Eligibility:

• The mandatory criterion stands at 10+2 or equivalent.

• Candidates who passed the common proficiency test from ICAI are also eligible.

• Candidates passed or registered in professional competence courses: are also eligible.

Program Structure:

• The program is credit-based and consists of 96 credits whereby 32 credits are provided by IGNOU while 64 credits are given to ICAI.

• IGNOU provides 6 courses from the entire curriculum and it is exercised properly through the IGNOU system.

Program Resources:

• The course is delivered both in Hindi & English.

• Printed course material is provided to candidates through their respective mediums. A/v sessions are also provided.

Evaluation Criterion:

• The evaluation is done similar to other courses by consolidating the marks obtained in different parts by the individual.

• The score obtained in 4 parts will be added to determine your division.

Advantages:

• The major merit that underlies this course is that the individual will be exposed to a dual degree after completion of the course.

• The degree itself is from IGNOU fosters a full reputation and goodwill.

• The time limit is also quite flexible.

• IGNOU adds its special facilities to the coursework.

Disadvantages:

• The eligibility criterion is the mandatory qualification of CPE.

• CA performance gets linked with degree performance.

• 6 subjects provided by IGNOU are theoretical leading to certain problems for individuals preferring practical subjects.

Institute Of Chartered Accountants & Indira Gandhi National Open University has entered into an arrangement to make this course more domain-specific & market-ready. However, the choice to pursue it or not rests with the candidate.