The Institute of Chartered Accountants of India

JOINT EDUCATION PROGRAMMES

ignou

ERSITY
N E TA J I
THE PEOPLE’S

IV
SU
BH
UNIVERSITY

N
AS OPEN U

IGNOU, New Delhi Netaji Subhas Open University, Kolkata

Course: BCom (A&F), MCom (F&T) Course: BCom

Bharathiar University, Coimbatore University of Madras, Chennai

Course: BCom, BBA, MCom, MBA Course: BCom, BBA, MCom, MBA

Set up by an Act of Parliament

ICAI Vision 2030
World’s leading accounting body, a regulator and developer of trusted
and independent professionals with world class competencies in
accounting, assurance, taxation, finance and business advisory
services.

ICAI Mission 2030

ICAI will leverage technology and infrastructure and partner with its
stakeholders to:
. Impart world class education, training and professional
development opportunities to create global professionals.
. Develop an independent and transparent regulatory mechanism
that keeps pace with the changing times.
. Ensure adherence to highest ethical standards.
. Conduct cutting edge research and development in the areas of
accounting, assurance, taxation, finance and business advisory
services.
. Establish ICAI members and firms as Indian multi-national service
providers.
 Message
Message
CA. Jaydeep Narendra Shah
President, ICAI

The Chartered Accountancy Course constitutes a unique amalgam

of practical training and theoretical education. The qualification
opens up a large number of career opportunities to Chartered
Accountants.

Many Chartered Accountants start their own practice. Finding a job

is also not difficult as industry accepts them with open arms. Many
students and Chartered Accountants also aspire to acquire
additional qualifications. The Memorandum of Understanding
(MoU) with various Indian Universities is a landmark step in this
direction.

CA. Jaydeep Narendra Shah

President, ICAI
 Contents
Contents
President’s Message 1

The Institute of Chartered Accountants of India 3

The Joint Education Programme - An Introduction 4

Indira Gandhi National Open University 5

Netaji Subhas Open University 9

Bharathiar University 12

University of Madras 17
T
he Institute of Chartered Accountants of India (ICAI) is a statutory
body established by the Chartered Accountants Act, 1949 for the
regulation of the profession of Chartered Accountants in India.
During its more than six decades of existence, ICAI has achieved
recognition as a premier accounting body not only in the country but also
globally, for maintaining highest standards in technical, ethical areas and for
sustaining stringent examination and education standards. ICAI is now the
second largest accounting body in the world.

ICAI has its Headquarters at New Delhi with five Regional Offices at
Mumbai, Chennai, Kanpur, Kolkata and New Delhi. It presently has 128
branches spread all over the country. In addition, it has also set up 21
chapters outside India and an overseas office in Dubai.

Currently, over 9,78,000 students are pursuing the Chartered Accountancy

course and the total membership of ICAI is more than 1,97,000. Out of the
total members, nearly 50% are in Practice and the rest are in employment.
Among the members in Government, judiciary, industry, banks, financial
institutions, private enterprises, etc. a significant number of members had
occupied/occupy eminent positions in their respective organisations such
as Chairperson of regulatory bodies, Chairperson of banks and insurance
companies, Chairperson & Managing Directors of reputed enterprises and
Executive Directors of various enterprises and organisations. Chartered
Accountants are also serving as Vice Presidents and Members of Income
Tax Appellate Tribunals besides being in IAS, IPS and IRS cadres. The
members of ICAI are getting recognition in foreign countries as well. It is
evident from the positions they are occupying in all big companies across
the world. Presently, there are about 12,000 members working abroad and
occupying key positions.
 The Joint Education Programme
- An Introduction

T
oday, in the face of globalisation, the explosion of knowledge and the
concomitant emergence of a knowledge-intensive economy, professional
education deserve a serious re-thinking. Clearly, the globalised world also
implies an enhancement in education and that should be made available through new
and suitable processes of synthesis and transmission.

Chartered Accountancy is a highly successful profession. In the present scenario, the

Chartered Accountants have created an indispensible position in business and
society. In fact, Chartered Accountants carry out increasingly complex tasks and are
rightly known as ‘Complete Business Solution Providers’. Chartered Accountants, per
se, do not need any additional qualification or University degree to work or succeed.
However, many students and members aspire to add additional qualifications in their
profile. ICAI, realizing their needs, facilitates acquisition of additional qualification by
entering into Memorandum of Understandings (MoUs) with the following Universities
to provide an opportunity to all those students who have registered for the Chartered
Accountancy course and also to the Members of the Institute to pursue Graduate
Degree / Post Graduate Degree viz. BCom, MCom, BBA and MBA wherein they
would be given exemptions from certain papers:

1. Indira Gandhi National Open University

2. Netaji Subhas Open University
3. Bharathiar University
4. University of Madras.

These MOUs will enable the acquisition of additional qualification which a student or a
member can effectively synergise with their chosen career.
 ICAI - Joint Education Programmes 5

ignou Indira Gandhi

THE PEOPLE’S
UNIVERSITY National Open University
The Institute of Chartered Accountants of India and Indira Gandhi National
Open University (IGNOU) have entered into a Memorandum of
Understanding (MOU) to offer BCom (with major in Accountancy & Finance)
and MCom (with specialisation in Finance & Taxation). These programmes
are offered by the School of Management Studies, IGNOU.

BCom - A&F
Bachelor of Commerce with Major in Accountancy & Finance

This programme comprises of 96 credits, out of which 32 credits are from IGNOU
and 64 credits are a part of the Chartered Accountancy Course (First Stage).

DURATION
Minimum period is three years and maximum period is six years.

COURSE FEES
` 4,800

ELIGIBILITY
Students who are currently pursuing Chartered Accountancy First Stage (IPCC / PCC)
as well as those who have already completed (IPCC / PCC / PE-II / Intermediate) of
Chartered Accountancy are eligible to seek admission to this programme. Similarly, all
those students who have passed the Chartered Accountancy under the earlier schemes
are also allowed to join this programme.

PROGRAMME STRUCTURE
Part A
Courses of Common Proficiency Test (CPT) offered by ICAI. Courses already passed by
students as part of CPT or PE-I or Foundation and automatic credit transfer given to all
the students admitted in BCom (A&F).
1. Fundamentals of Accounting
 Indira Gandhi
ignou
THE PEOPLE’S
6 ICAI - Joint Education Programmes National Open University UNIVERSITY

2. Mercantile Law
3. General Economics
4. Quantitative Aptitude.

Part B
Courses offered by IGNOU. To be studied by all students.
5. Foundation Course in English 1
Foundation Course in English 2
OR
Foundation Course in Hindi 1
Foundation Course in Hindi 1
6. English for Practical Purposes
OR
Prayojan Mulak Hindi
7. Foundation Course in Humanities and Social Sciences
OR
Foundation Course in Science and Technology
8. Business Environment
Export Procedures and Documentation.

Part C
Courses of Professional Competence Course (PCC) / Integrated Professional
Competence Course (IPCC) offered by ICAI. These Courses be passed as part of
Chartered Accountancy First Stage and students get credit transfer in this BCom (A & F)
Programme.
9. Advanced Accounting
10. Auditing and Assurance
11. Law, Ethics & Communication
12. Cost Accounting & Financial Management
13. Taxation
14. Information Technology and Strategic Management.

NOTE
For students who have already completed the Chartered Accountancy First Stage
(Intermediate / PE-II / PCC / IPCC), the minimum period of study shall be proportionately
reduced. Thus, such students can complete this programme within a minimum period of
one year and a maximum period of four years.
 ignou Indira Gandhi
THE PEOPLE’S
UNIVERSITY National Open University ICAI - Joint Education Programmes 7

MCom - F&T
Master of Commerce with Specialisation in Finance & Taxation

The MCom (F&T) programme comprises of 13 courses, out of which five courses
are offered by IGNOU and remaining eight courses are part of the Chartered
Accountancy Final Course.

DURATION
Minimum period is two years and maximum period is five years.

COURSE FEES
` 6,000

ELIGIBILITY
Students who are currently pursuing Chartered Accountancy Final Course and graduate
in any discipline from a recognised university, as well as those who have already
completed Chartered Accountancy are eligible to seek admission to this programme.

Similarly, those students who have passed Chartered Accountancy under the earlier
schemes are also allowed to join this programme.

SPECIALISATION
Finance & Taxation

PROGRAMME STRUCTURE
Part A
Courses offered by IGNOU
1. Organisation Theory and Behaviour
2. Research Methodology and Statistical Analysis
3. Business Environment
4. Marketing Management
5. International Business Finance.

Part B
Courses to be studied as part of Chartered Accountancy Final Stage offered by ICAI.
 Indira Gandhi
ignou
THE PEOPLE’S
8 ICAI - Joint Education Programmes National Open University UNIVERSITY

6. Financial Reporting
7. Strategic Financial Management
8. Advanced Auditing and Professional Ethics
9. Corporate and Allied Laws
(Section A - Company Law;
Section B - Allied Laws)
10. Advanced Management Accounting
11. Information Systems Control and Audit
12. Direct Tax Laws
13. Indirect Tax Laws
(Section A - Central Excise
Section B - Service Tax & VAT
Section C - Customs).

NOTE
For students who have already completed the Chartered Accountancy Final Stage, the
minimum period of study shall be proportionately reduced. Thus, such students can
complete this programme within a minimum period of one year and a maximum period of
four years.

About Admission and related information,

please contact the Regional Director of your
region.
For other queries...
Indira Gandhi National Open University
Maidan Garhi, New Delhi -110 068
Phones 011-2953 8427,2953 6743, 2953 5266
FAX 011-2953 8429
E-mail [email protected], [email protected]
 ICAI - Joint Education Programmes 9

Netaji Subhas
ERS IT Y
N E TA J I

Open University
IV
SU

BH
N

AS OPEN U

The Institute of Chartered Accountants of India & Netaji Subhas Open

University, Kolkata have entered into a Memorandum of Understanding to
offer BCom Course.

BCom
Bachelor of Commerce

DURATION
The duration of this programme shall be the same as the existing BCom programme i.e.,
minimum three years and maximum eight years. The registration shall be valid up to eight
years.

COURSE FEES
The fee for this special programme shall be the same as the fee applicable to BCom
programme of NSOU.

ELIGIBILITY
Candidates who fulfil all the following three conditions are eligible for admission to this
special programme...
1. 10+2 or BPP and BDP of NSOU; and
2. Common Proficiency Test (CPT) from ICAI; and
3. Registration in Professional Competence Course (PCC) / Integrated Professional
Competence Course (IPCC).

To complete this programme successfully, a candidate is expected to complete 52

credits (650 marks) worth selective papers from NSOU along with CPT, PCC / IPCC and
three years articleship of the ICAI.
 ERSITY
N E TA J I
Netaji Subhas
10 ICAI - Joint Education Programmes Open University

IV
SU
BH

N
AS OPEN U

PROGRAMME STRUCTURE

Course of NSOU Credits

GROUP I
1. Foundation Course
a. Humanities & Social Science (FHS) 8
b. Science & Technology (FST) 8
c. Bengali / English
(specially for CA students) (FEG) 4
d. English (FEG).

2. Honours Subjects 4
Paper 2: Business Economics 8
Paper 3: Statistics & Business Organisation 8
Paper 6: Business Management and World Resources. 8

3. Environmental Studies 4

Total Credits: 52 credits or 650 marks

Course of ICAI

GROUP II
1. Advanced Accounting
2. Auditing & Assurance
3. Law, Ethics & Communication
4. Cost Accounting and Financial Management
5. Taxation
6. Information Technology & Strategic Management
7. 100 Hours of Information Technology Training.

GROUP III
Completion of three years Articleship of ICAI.
 ERSITY
N E TA J I

Netaji Subhas
Open University ICAI - Joint Education Programmes 11
IV
SU

BH
N
AS OPEN U

Exempted Papers
Paper 1 Accountancy & Mathematics
Paper 4 Higher Accountancy
Paper 5 Cost Accounting and Income Tax
Paper 7 Commercial & Labour Laws
Paper 8 Auditing and Management Accounting.

Application Oriented Course (AOC)

1. Basic Accounting.

Subsidiary Subjects
1. Business Communication & Entrepreneurship Development
2. Tax Practice & Procedure
3. Business Ethics.

Total Credits: 72 credits or 900 marks

EVALUATION SYSTEM
Marks Obtained (%) Class Grade

35% to below 40% Pass without Hons. C

nd
40% to below 55% 2 Class Hon. B

55% to below 60% 2nd Class Hon. B+

60% to below 70% 1st Class Hon. A

st
70% & above 1 Class Hon. A+

Students who successfully complete this programme, shall receive BCom degree
from NSOU.

Dr. Anirban Ghosh

Assistant Professor of Commerce
Netaji Subhas Open University
1 Woodburn Park, Kolkata - 700 020
Phone 033-2283 5238
E-mail [email protected]
Website www.wbnsou.ac.in
12 ICAI - Joint Education Programmes

Bharathiar University
The Institute of Chartered Accountants of India & Bharathiar University (BU)
have entered into a Memorandum of Understanding to offer Undergraduate &
Postgraduate courses viz. BCom, BBA, MCom & MBA.

BCom
Bachelor of Commerce

DURATION
Three Years

COURSE FEES
` 18,000 (Three Instalments)

ELIGIBILITY
A pass at the entry level examination of the Chartered Accountancy course of ICAI
OR
A pass at the Intermediate stage (PE-II / PCC / IPCC) of Chartered Accountancy Course
of ICAI.

SUBJECTS
Exempted Papers*
+ Principles of Accountancy
+ Mercantile Law
+ Business Statistics
+ General Economics
+ Financial Accounting
+ Cost Accounting
+ Financial Management
+ Corporate Accounting
+ Auditing
+ Taxation
 Bharathiar University ICAI - Joint Education Programmes 13

+ Information Technology
+ Training / Project.

Non-Exempted Papers
+ Business Communication
+ Principles of Management
+ Marketing Management.

* For IPCC / PCC / PE-II / Intermediate pass students.

BBA
Bachelor of Business Administration

DURATION
Three Years

COURSE FEES
` 15,000 (Two Instalments)

ELIGIBILITY
A pass at the entry level examination of the Chartered Accountancy course of ICAI
OR
A pass at the Intermediate stage (PE-II / PCC / IPCC) of Chartered Accountancy Course
of ICAI.

SUBJECTS
Exempted Papers*
+ Principles of Accountancy
+ Mercantile Law
+ General Economics
+ Business Statistics & Mathematics
+ Auditing
+ Financial Accounting
+ Company Law
14 ICAI - Joint Education Programmes Bharathiar University

+ Cost Accounting
+ Financial Management
+ Taxation.

Non-Exempted Papers
+ Business Communication
+ Management Process & Organisational Behaviour
+ Human Resource Management
+ Marketing Management
+ Business Environment.

* For IPCC / PCC / PE-II / Intermediate pass students.

MCom
Master of Commerce

DURATION
Two Years

COURSE FEES
` 15,000 (Two Instalments)

ELIGIBILITY
a. A graduate from a recognised university or a pass in the Final examination of the CA
course of ICAI
OR
b. A successful completion of BBA / BCom through ICAI, offered by Bharathiar
University
OR
c. CA students undergoing articleship and who have successfully completed
graduation.
 Bharathiar University ICAI - Joint Education Programmes 15

SUBJECTS
Exempted Papers*
+ Financial Management
+ Corporate Accounting
+ Auditing
+ Company Law
+ Cost & Management Accounting
+ Information Technology in Business
+ Taxation.

Non-Exempted Papers
+ Marketing Management
+ Human Resource Management
+ Business Environment.

* For Qualified Chartered Accountant Members.

MBA
Master of Business Administration

DURATION
Two Years

COURSE FEES
` 35,000 (Two Instalments)

ELIGIBILITY
a. A graduate from a recognized university or a pass in the Final examination of ICAI
OR
b. Successful completion of BBA/BCom through ICAI, offered by Bharathiar University
OR
c. CA students undergoing articleship and who have successfully completed
graduation.
16 ICAI - Joint Education Programmes Bharathiar University

SUBJECTS
Exempted Papers*
+ Financial Accounting
+ Cost Accounting
+ Corporate Accounting
+ Auditing
+ Business Law
+ Company Law
+ Taxation
+ Financial Management
+ Management Accounting
+ Information Technology.

Non-Exempted Papers
+ Principles of Management & Organisational Behaviour
+ Marketing Management
+ Human Resource Management
+ Business Environment
+ Project Report.

* For Qualified Chartered Accountant Members.

The Director
School of Distance Education Programme
BU-ICAI (Academic Section)
Bharathiar University
Coimbatore - 641 046
Phones 0422-2428 204, 206, 212
Examination Section Phones 0422-2428 189, 191
E-mail [email protected]
Mr Santosh Kumar 0 98948 56167
 ICAI - Joint Education Programmes 17

University of Madras
The Institute of Chartered Accountants of India & University of Madras have
entered into a Memorandum of Understanding to offer Undergraduate &
Postgraduate courses viz. BCom, BBA, MCom & MBA.

BCom
Bachelor of Commerce

DURATION
Three Years

COURSE FEES
` 18,000 Per Annum

ELIGIBILITY
A candidate who fulfills any one of the following two conditions is eligible for admission to
this programme:
i. Passed the entry level examination of Chartered Accountancy Course of ICAI (by
whatever name called say Entrance / Foundation / Professional Education-I /
Common Proficiency Test)
OR
ii. Passed the intermediate stage of Chartered Accountancy Course of ICAI (by
whatever name called say Intermediate / Professional Education-II / Professional
Competence Course).

SUBJECTS
Exempted Papers
+ Financial Accounting
+ Corporate Accounting
+ Banking and Financial Services
+ Business and Corporate Law
+ Business Taxation
+ Practical Auditing
+ Cost and Management Accounting.
18 ICAI - Joint Education Programmes University of Madras

Non-Exempted Papers
+ Language / General Commercial Knowledge
+ English
+ Business Economics
+ Business Statistics and Operation Research
+ Principles of Management
+ Indian Economy: Problems and Policies
+ Entrepreneurial Development
+ Marketing Management.

BBA
Bachelor of Business Administration

DURATION
Three Years

COURSE FEES
` 18,000 Per Annum

ELIGIBILITY
A candidate who fulfills any one of the following two conditions is eligible for admission to
this programme:
i. Passed the entry level examination of Chartered Accountancy Course of ICAI (by
whatever name called say Entrance / Foundation / Professional Education-I /
Common Proficiency Test)
OR
ii. Passed the intermediate stage of Chartered Accountancy Course of ICAI (by
whatever name called say Intermediate / Professional Education-II / Professional
Competence Course).

SUBJECTS
Exempted Papers
+ Financial Accounting
+ Business Communication
+ Cost and Management Accounting
+ Financial Management.
 University of Madras ICAI - Joint Education Programmes 19

Non-Exempted Papers
+ Language / Banking and Financial Services
+ English
+ Principles of Management
+ Business Statistics and Operations Research
+ Business Environment
+ Business Regulatory Framework
+ Managerial Economics
+ Marketing Management
+ Production and Material Management
+ Human Resource Management
+ Entrepreneurship Development and Management of Small Business.

MCom
Master of Commerce

DURATION
Two Years

COURSE FEES
` 15,000 Per Annum

ELIGIBILITY
A candidate who is either a graduate from a recognised university or has passed the
Final examination of Chartered Accountancy Course of ICAI or on completion of the
BCom / BBA degree through ICAI-UNOM.

SUBJECTS
Exempted Papers
+ Advanced Corporate Accounting and Accounting Standards
+ Advanced Cost and Management Accounting
+ Financial Management
+ Financial Service and Stock Exchange.

Non-Exempted Papers
+ Entrepreneurship and Small Business Promotion
+ Advanced Marketing
20 ICAI - Joint Education Programmes University of Madras

+ Advanced Management Theory

+ Quantitative Techniques for Business Decisions
+ Human Resource Management
+ Marketing Research and Consumer Behaviour.

MBA
Master of Business Administration

DURATION
Two Years

COURSE FEES
` 35,000 Per Annum

ELIGIBILITY
A candidate who is either a graduate from a recognised university or has passed the
Final examination of Chartered Accountancy Course of ICAI or on completion of the
BCom / BBA degree through ICAI-UNOM.

SUBJECTS
Exempted Common Papers
+ Management Accounting
+ Legal System in Business
+ Applied Operations Research
+ Financial Management
+ Computer Language for Management
+ Management Information System and EDP.

Non-Exempted Common Papers

+ Management Principles
+ Quantitative Methods in Business
+ Organisational Behaviour
+ Managerial Economics
+ Research Methodology and Communication
+ Human Resource Management
 ICAI - Joint Education Programmes

University of Madras ICAI - Joint Education Programmes 21

+ Marketing Management
+ Production and Material Management
+ Business Policy and Strategic Management
+ International Marketing.

Exempted Elective Papers

Electives in Finance
+ Paper XVII : Corporate Finance
+ Paper XIX : Tax Management.

Non-Exempted Elective Papers

(Four Papers in any one of the following elective subjects)

Marketing Systems
+ Marketing Research and + Data Base Management Systems
Consumer Behaviour + System Analysis and Design
+ Advertising Management and + Decision Support System
Sales Promotion + E-Business Technology and
+ Sales Management and Management.
Distribution Management
+ Services Marketing. Human Resource
+ Industrial and Labour Relations
Finance + Human Resource Development
+ Security Analysis and Portfolio + Total Quality Management
Management Training and Development.
+ Merchant Banking and Financial
Services.

The Director
Institute of Distance Education
University of Madras
IDE, Buildings, Chepauk, Chennai - 600 005
Phone 044-2561 3716 FAX 044-2536 0865
E-mail [email protected], [email protected]
Website www.unom.ac.in, www.ideunom.ac.in
Enquiry & Other Grievance Redress
Mr Senthil Kumar
044-2561 3727, 2561 3728
Contact Numbers
044-2561 3729 , 2561 3730, 2561 3731,
2539 3453, 2539 3454
www.icai.org

ICAI Bhawan, A-29 Sector-62, Noida - 201 309

Phones 0120-3045930 / 31 / 35
E-mail: [email protected] / [email protected]