This Programme not offered for International Students.
Note: Exam Fees is not included in Fee Structure it will be as decided by the University
Job/Future Prospects
The programme meets the expanding needs in Commerce education at all levels and provide necessary manpower to industry, trade, PSUs, Government and Private enterprises in the areas like Finance, International Business and Accounting.
Programme Coordinator
Prof. Anupriya Pandey Professor School of Management Studies (SOMS) anupriya@ignou.ac.in 011-29573009
This course helps the learner to learn how people behave in organisations and how managers can effectively lead, motivate, and manage them to achieve organisational goals. The course covers the basics of organisation and management including planning, organising, leading, and controlling. It explores Organisational Behaviour (OB) – the study of how individuals and groups act within organisations. Factors influencing behaviour like personality, emotions, motivation, and job design are understood. The course teaches about effective communication, leadership styles, power dynamics, organisational culture, adapting to change, and cross-cultural management. By understanding these aspects in this course, the learner will grasp how behaviour, structure, and management practices contribute to organisational success. Managing human behaviour is as important as managing tasks and resources. Through this course, insights into driving performance, managing stress, leading and motivating teams are gained.
"The curriculum covers the nature, scope, and significance of the business environment, with a focus on both economic and non-economic factors such as political, legal, social, and technological influences. Students will study economic trends, including GDP growth, inflation, employment, and social issues like poverty and inequality. It also includes an overview of economic planning, industrial policy, public and private sector roles, and key regulatory institutions like RBI, SEBI, and IRDA. Furthermore, the course introduces the global business environment by addressing globalization, WTO agreements, foreign investment policies, and India’s role in international trade.
By the end of this course, learners will be able to critically evaluate business environments, understand regulatory and policy frameworks, and make informed strategic decisions that align with national and global economic developments."
"In this course, students will learn the basics of accounting and how it helps businesses manage their finances. Students will understand how to prepare financial statements like Balance Sheets and Profit and Loss Accounts for different types of businesses. The course covers key topics like cost concepts, budgeting for profit planning and control, and using tools like standard costing and responsibility accounting for better management decisions. Students will also see how accountants' roles are changing with technology and the growing need for information on things like corporate social responsibility and environmental impact.
By the end of the course, students will know how financial statements help stakeholders like lenders, investors, and managers make informed decisions about a company. Students will grasp how budgeting helps control costs and evaluate performance, and how accountants contribute to business success in today's world."
"The curriculum explores the fundamental concepts of managerial economics, including demand analysis, elasticity, production and cost functions, and pricing decisions under different market structures. It also covers macroeconomic aspects such as national income, inflation, fiscal and monetary policy, and their impact on the business environment. The course also explores various types of market structure & competitions and how price is determined under various conditions.
By the end of the course, learners will be able to analyse business problems using economic principles, evaluate market conditions, forecast demand, and make informed managerial decisions in both micro and macroeconomic contexts. This course equips students with a solid foundation for understanding economic influences on business strategy, thus enhancing their effectiveness as future managers and decision-makers."
The course begins by exploring the core concepts of marketing, including the marketing mix, consumer behavior, and market segmentation. It covers key functional areas such as product management, pricing strategies, distribution channels, and integrated marketing communication. Learners will also study marketing research, branding, services marketing, and digital marketing trends. Additionally, it also covers the emerging issues in marketing.
By the end of the course, students will have the ability to develop and implement marketing strategies, analyse market trends, and respond to customer needs effectively. They will also gain insights into managing customer relationships, building brand value, and leveraging technology to drive marketing success in both domestic and global markets.
MCO-22: Quantitative Analysis for Managerial Applications
MCO-22: Quantitative Analysis for Managerial Applications
Course Title:
Quantitative Analysis for Managerial Applications
Course Code:
MCO-22
Coordinator:
Course Type (Credit):
Theory (4 Credits)
Course Introduction:
This course provides a strong foundation in quantitative methods by covering topics such as data collection and presentation, measures of central tendency and dispersion, correlation and regression analysis, time series analysis, and index numbers. It also introduces learners to probability theory, decision theory, linear programming, and other optimization techniques used in business analysis. Special emphasis is placed on applying statistical tools to solve real-life managerial problems related to finance, marketing, operations, and human resource management.
By the end of the course, learners will be capable of interpreting quantitative data, conducting basic statistical analysis, and making informed managerial decisions based on quantitative insights. The course develops critical thinking and analytical skills, empowering students to approach business problems scientifically and systematically in a data-driven corporate environment.
The course covers a wide range of topics, starting with the concept of strategy and explaining strategic framework. The course explains about the strategy in global context and how it can be framed doing internal analysis, competitive analysis and studying the external environment. The course also talks about various strategies including corporate level strategy, competitive strategy and business level strategy. In the end it talks about how strategy is implemented and controlled within an organization.
By the end of the course, learners will be able to understand about how a strategy is formulated for an organization and how it can be used in various contexts.
The curriculum begins with the fundamentals of ethics and morality in a business context, exploring theories of ethics, ethical decision-making frameworks, and the evolution of business ethics over time. It delves into issues such as ethical dilemmas, whistleblowing, corporate governance, and the role of regulatory frameworks in promoting ethical behavior. The course also provides comprehensive coverage of Corporate Social Responsibility, including its meaning, principles, implementation strategies, stakeholder engagement, and sustainability reporting.
By the end of the course, learners will be able to critically assess ethical issues in business, design CSR initiatives aligned with organizational goals, and integrate ethics into strategic decision-making. The course aims to build future managers who are not only competent but also committed to ethical values and social responsibility in a globalized business environment.
MCO-03: Research Methodology and Statistical Analysis
MCO-03: Research Methodology and Statistical Analysis
Course Title:
Research Methodology and Statistical Analysis
Course Code:
MCO-03
Coordinator:
Course Type (Credit):
Theory (6 Credits)
Course Introduction:
The course begins with the fundamentals of research methodology, covering research design, types of research, formulation of research problems, hypothesis development, and sampling techniques. It then introduces students to methods of data collection, questionnaire design, and scaling techniques. A significant portion of the course is devoted to statistical analysis, including measures of central tendency and dispersion, correlation, regression, hypothesis testing, chi-square tests, analysis of variance (ANOVA), and the use of statistical software for data interpretation.
By the end of the course, learners will be capable of designing research projects, collecting and analyzing data, and interpreting results for informed decision-making. This course not only strengthens analytical thinking but also prepares students for dissertation work, empirical research, and data-driven roles in both academic and corporate environments.
The curriculum covers the core areas of financial management, starting with the objectives, scope, and functions of financial management. It explores key topics such as capital budgeting, cost of capital, capital structure, dividend policy, and working capital management. Students also learn about financial planning, ratio analysis, funds flow and cash flow analysis, and the management of receivables, inventory, and cash.
By the end of the course, learners will be able to analyze financial statements, evaluate investment projects, determine optimal capital structures, and manage short-term and long-term finances strategically. The course prepares students to take on financial decision-making roles in both corporate and non-corporate settings, fostering strategic thinking and financial discipline.
The curriculum introduces the foundations of international marketing, including its scope, importance, and challenges. It explores market entry strategies, product planning and development, international pricing, promotion, and distribution channels. Students also gain insights into global market research, consumer behavior, export marketing documentation, and regulations governing international marketing. The course also addresses emerging trends such as digital marketing, sustainability, and global branding.
By the end of the course, learners will be able to develop marketing plans tailored to international markets, understand the complexities of cross-border consumer behavior, and manage global marketing operations effectively. This course is particularly valuable for those pursuing careers in export management, international sales, or global brand strategy, providing a strong foundation for navigating the competitive landscape of international business
The course covers the composition, direction, and trends of India’s foreign trade over the years, examining major export and import items, trade balances, and trade with specific regions. It delves into the institutional infrastructure supporting foreign trade, including export promotion councils, Special economic zones and commodity boards. It also provides in-depth knowledge of India's foreign trade policy, export-import procedures, trade financing, and documentation. Furthermore, the course explores global trade developments and India’s participation in multilateral trade organizations such as the WTO.
By the end of the course, learners will be able to interpret trade data, understand foreign trade policies and institutions, and make informed decisions related to international trade practices. The course builds a strong foundation for professionals working in the international trade and business policy sectors.
The curriculum covers the nature and scope of international business, the impact of globalization, and the structure of the world economy. It explores international trade theories, balance of payments, trade barriers, and the role of international economic institutions such as the IMF, World Bank, and WTO. The course also focuses on regional trade blocs, economic integration, and emerging trends in global business. Special emphasis is given to India's international trade policies, foreign investment climate, and external sector reforms.
By the end of the course, learners will be able to analyse the external environment of international business, assess global opportunities and risks, and understand how macroeconomic and institutional factors shape business strategy across borders. This course lays the foundation for advanced study in international trade, finance, and marketing, and is essential for those aiming to build a career in global business operations.
The curriculum begins with an overview of the international monetary system and the functioning of foreign exchange markets. It covers essential topics such as exchange rate determination, currency convertibility, and the balance of payments. Learners explore international financial institutions, instruments, and markets including Eurocurrency markets, international bonds, and equity markets. The course also deals with financing of foreign trade, export credit insurance, international working capital management, and foreign direct investment (FDI) flows. Emphasis is placed on foreign exchange risk management through hedging techniques and derivatives.
By the end of the course, learners will be capable of making informed decisions on international financial transactions, managing exchange rate risks, and understanding the regulatory and institutional framework of global finance. The course is essential for students aiming for careers in international banking, trade finance, treasury management, and multinational corporate finance.
This course involves identifying a relevant business or commerce-related problem, reviewing existing literature, designing a research methodology, collecting and analysing data, and presenting findings in a structured dissertation report. Students may choose topics from areas such as finance, marketing, human resource management, international business, e-commerce, banking etc. The project work is supervised by an academic guide approved by IGNOU and follows a prescribed format and timeline.
By completing this course, learners develop essential skills in academic and applied research, including critical thinking, data interpretation, report writing, and project management. The dissertation helps build a foundation for careers in research, consulting, policy-making, and higher academic pursuits such as M.Phil. or Ph.D. programs. MCOP-001 enhances the learner’s ability to investigate complex issues and recommend actionable solutions in diverse organizational settings.