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The Master of Commerce (M.Com) Program is a two year degree Program offered by the University with a view to impart in-depth knowledge and broad understanding of Accounting, Taxation and Financial management. The curriculum of M.Com degree provides a carefully selected subject combination of Accountancy, Finance, Economics, Management & Decision science, Taxation, Banking & Insurance, and Commercial Law. The objective of the Program is to produce post graduates equipped with the knowledge, skills and attitude to meet the challenges of the modern day business organizations and Self-employability. A student can opt for M.Com Program subject to fulfillment of certain eligibility criteria

Award of Degree

Students who successfully complete the M.Com Program will be awarded the Master of Commerce Degree by the University.

Admission Calendar
Last date for submission of Completed Application Form 07 August 2024
Last date for payment of Admission Fee 10 August 2024
Commencement of Regular classes 12 August 2024
Payment of First Semester Fee 10 August 2024

M.Com Program Structure (76 Credits)
Semester - I Semester - II
  • International Marketing
  • Advanced Financial Accounting
  • Financial Management and Policy
  • Indian Financial System
  • *Entrepreneurial Development
  • Capital Market Financial Services
  • Advanced Cost Management Accounting
  • GST and Custom Duty
  • Investment Analysis and Portfolio Management
  • * E-Commerce
Semester - III Semester - IV
  • Strategic Management
  • Corporate Accounting and Legal Framework
  • Research Methodology and Statistical Applications
  • Income Tax and Tax Planning
  • Choice Based Credit System courses
  • Human Resource Management
  • Personality Development
  • Insurance and Risk Management
  • International Financial Management
  • Choice Based Credit System courses

Admission Modalities

The Admission Modalities are with reference to the campus-based M.Com Program offered by the ICFAI University at Nagaland. The medium of instruction is English.

General rule

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 UG/PG/PhD applicants should have completed a minimum of 12/15/17 years of formal education by August 1 2024, respectively. Applicants who have completed their graduation on a one-time sitting basis or a 2-year basis are not eligible for admission to the Postgraduate Programs

Students in their final year are eligible to apply, provided they complete their course requirements including practical examinations/ viva assignments before August 01, 2024. Such applicants will have to produce a certificate to that effect at the time of admission. The admission of such applicants will, however, remain provisional until they produce mark sheet/ transcript and a degree certificate establishing their eligibility.

The last date forsubmitting the proof of qualifying examination transcripts is September 30, 2024, failing which the provisional admission will automatically stand cancelled, and no fees will be refunded.

The process of admission and selection of eligible candidates

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 Games & sports, Literary & cultural activities, and other extra co-curricular activities.

Original certificates and Domicile certificate should be produced for verification at the time of admission. The admission decision will be communicated after the admission process.

Special Reservation

There shall be a special provision for admission of students belonging to the State of Nagaland (Domicile) in any course of ICFAI University, Nagaland, 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. The fee for the Domicile students is less than that of the non-domicile students (please refer the fee chart).

Seats remaining unfilled under special reservation may be filled up by allotting the same to students belonging to Open Category.

*Payment of Admission Fee and Semester Fee will allow the allotment of enrollment numbers to each student. Students with enrollment numbers will be allowed to attend classes.

Fee Schedule

Admission fee of Rs10,000 (non-refundable) is to be paid by all the selected candidates of PG immediately after the admission decision is announced. The last date for payment of admission fee is August 10, 2024 for MBA, MCA, M.Com, M.Lib.I.Sc and MA Program. Admission fee of Rs20,000 (non-refundable) is to be paid by all the selected candidates of Ph.D. immediately after the admission decision is announced.

The last date for payment of admission fee is August 23, 2024 for Ph.D. Program.

Semester Fee

Students must pay the Semester fee on the first day of each semester, after which a fine of ₹ 20 per day will be charged. The first semester fee is to be paid on or before August 10, 2024 for M.Com Program. The firstsemester fee is to be paid on or before August 23, 2024 for Ph.D. Programs

Note: Domicile refers to Students from State of Nagaland. Non Domicile refers to Students from States other than Nagaland.

Fee for M.Com Programs (amount in Rs)

Particulars

Domicile

Non-Domicile

Semester Fee

26,000

29,000

All Payments should be made through Bank Challan from ICICI Chümoukedima Branch/Swiping machine from the University, in favor of “The ICFAI University, Nagaland – Fee Collection A/C”. Details about the payment modalities, and the relevant Challan, can be obtained from the Dy. Accounts Officer. Payments can also be made online through the university’s website at www.iunagaland.edu.in.

As per UGC guidelines if a student chooses to withdraw from the program of study in which he/she is enrolled, the institution concerned shall follow the following four-tiersystem for the refund of feesremitted by the student.

Sl.
No.

Percentage of Refund of Program Fees

Point of time when notice of withdrawal of admission is served to HEI

1

100%

15 days before the formally-notified last date of
admission

2

80%

Not more than 15 days after the formally-notified last
date of admission

3

50%

More than 15 days but less than 30 days after formally- notified last date of admission

4

0%

More than 30 days after formally-notified last date of
admission

1. The ICFAI University Nagaland proposes to offer two types of Merit Scholarships are offered to the students admitted from the academic year 2024-25 onwards for UG & PG programs based on.

A. Past Academic Record

B. Semester-wise Performance

A. Merit Scholarship based on past academic Record: Percentage of marks achieved in qualifying examination will decide the amount of scholarship. The scholarship amount will be awarded in 2 equal installments, i.e. in the first and second semesters of the program. The second installment of the scholarship will be awarded on securing a minimum of 6.0 GPA in the first semester.

Details of Merit Scholarships are given below:

Academic Performance (CGPA)

Category I

Category II

Category III

Category IV

9.00

80 % to 90 %

≥70 % to ≤ 80 %

≥60 % to ≤ 70 %

#

Program

Amount of Scholarship (In Rs) per semester

1

MCom

16,400

12,000

8,000

4,000

B. Merit Scholarship based on Semester-wise Performance: Up to 10% of the students of each batch will be awarded merit scholarships based on their semester wise performance. These scholarships are offered in addition to the scholarships based on past academic record.

Academic Performance (CGPA)

Category I

Category II

Category III

9.00

8.50 - ≤ 9.00

8.00 - ≤ 8.50

#

Program

Semester Fee

Amount of Scholarship (In Rs) per semester

1

MCom

26,000

8,000

6,000

4,000

Details of Merit Scholarships are given below:

Note:

  • 1. For awarding Merit Scholarships based on the Semester wise performance the class strength should be minimum 10 students.
  • 2. Admission fee waived off for UG graduates of ICFAI University Nagaland taking admissions in the PG programs of the University.

Bus facility is provided for easy connectivity of the students. Registered bus commuters are required to pay for the bus fees for a Semester regardless of whether one travel or not for which an undertaking shall be obtained.

University do not have hostel accommodation inside the campus. However University provides assistance to identity the suitable private hostel accommodation near University campus.

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.
  • Cost of the Application material for UG, PG and Doctoral Program is Rs300

Applicants have to enclose self attested copies of the following certificates

  • Aadhar Card
  • Birth Certificate
  • PAN Card (if available)
  • Class X Admit Card, Mark Sheet and Certificate.
  • Class XII/Degree Admit Card, Mark Sheet
  • Certificate (as may be applicable).
  • *BA/BBA/BCA/B.Com Degree Admit Card, Mark sheet and Certificate (as may be Applicable)
  • ST Certificate.
  • 3 recent Passport Size Photo.
  • Any other certificates pertaining to academic and other activities.

*For MBA / MCA / M.Com / M.Lib.I.Sc. / MA Candidates.