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  • The Bachelor of Commerce (BCom) program at The ICFAI University Sikkim is designed to provide students with a strong foundation in commerce, business, and financial management.
  • This three-year undergraduate program offers specializations in Accounting & Finance, Accounting & Taxation, Banking & Insurance, and International Business, catering to the diverse career aspirations of students in the corporate and financial sectors.
  • The curriculum blends theoretical knowledge with practical applications, ensuring that students develop essential analytical, problem-solving, and decision-making skills.
  • With a focus on industry-oriented learning, the program prepares graduates for careers in banking, taxation, financial services, insurance, and global trade, while also equipping them for higher studies and professional certifications.

Specialization in

Accounting & Finance | Accounting & Taxation | Banking & Insurance | Accounting & International Business

Admission Calendar
Last date for submission of duly completed Application Form along with Admission Fees & release of Provisional Admission Letters 09 September 2025
Registration with scrutiny of original certificates & Payment of First Semester Fee 12 September 2025
Commencement of Classes 15 September 2025

UG Certificate

Students who opt to exit after completion of the first year and have secured 40 credits will be awarded a UG certificate if, in addition, they complete one vocational course of 4 credits during the summer vacation of the first year. These students are allowed to re-enter the degree programme within three years and complete the degree programme within the stipulated maximum period of seven years.

UG Diploma

Students who opt to exit after completion of the second year and have secured 80 credits will be awarded the UG diploma if, in addition, they complete one vocational course of 4 credits during the summer vacation of the second year. These students are allowed to re-enter within a period of three years and complete the degree programme within the maximum period of seven years.

3-year UG Degree

Students who wish to undergo a 3-year UG programme will be awarded UG Degree in the Major discipline after successful completion of three years, securing 120 credits and satisfying the minimum credit requirements.

4-year UG Degree (Honours)

A four-year UG Honours degree in the major discipline will be awarded to those who complete a four-year degree programme with 160 credits and have satisfied the credit requirements.

4-year UG Degree (Honours with Research)

Students who secure 75% marks and above in the first six semesters and wish to undertake research at the undergraduate level can choose a research stream in the fourth year. They should do a research project or dissertation under the guidance of a faculty member of the University/College. The research project/dissertation will be in the major discipline. The students who secure 160 credits, including 12 credits from a research project/dissertation, are awarded UG Degree (Honours with Research).

Course Structure

Sem

Discipline Specific Courses- Core

Minor

Interdisciplinary courses

Ability Enhancement Course (languages)

Skill Enhancement Course / Internship / Dissertation

Common value-added courses

Total Credit

I

C1:4: Financial Accounting

C2:4: Indian Financial System

Min1:4: Principles of Management

IDC1:3: Introduction to Psychology

AEC1:2: Effective English Communication

SEC1:3: Information & Communication Technology

20

II

C3:4: Cost Accounting

C4:4: Introduction to Financial Management

Min2:4: Principles of Economics

IDC2:3: Introduction to Indian Economy (3Credit)

AEC2:2: Academic Reading and Writing

VAC1:3: Understanding India

20

Exit Option:

Students who complete two semesters of 40 credits including Internship I of 4 credits will be awarded "Undergraduate Certificate" of one year, in Commerce. Students who wish to continue second year will be exempted from undergoing the internship program.

Program Outcome:

  1. Students will acquire the general knowledge of Commerce.
  2. Students can use their accounting and management skills in any business or financial organization.
  3. Students will be ready for employment opportunities such as account clerk, managers, accountant, etc.

III

C5:4: Corporate Law

C6:4: Corporate Accounting

Min3:4: Organizational Behavior

IDC3:3: Consumer Rights and Protection

AEC3:2: Soft Skill

SEC2:3: Sustainable Development

20

IV

C7:4: Management Accounting

C8:4: Auditing

Min4:4: Business Mathematics

AEC4:2: General Aptitude

SEC3:3: Tally: Financial Solution

VAC2:3: Indian Knowledge System

20

Exit Option:

Students who complete four semesters of 80 credits including Internship II of 4 credits will be awarded "Undergraduate Diploma" of two years in Commerce. Students who wish to continue third year should go for Internship of at least 2 credits.

Program Outcome:

  1. Students will acquire the advance knowledge of Commerce
  2. Students will be prepared for jobs as managers, accountants in the business sector, assistants at CA firms, etc.
  3. Students can work in the corporate sector using their auditing, accounting, and managerial abilities.

Summer Internship - 2 Credits will evaluate under V Sem. (SEC4:3)

V

C9:4: International Business

C10:4: Banking Theory and Practice

C11:4: Direct Tax Law and Practice/ Financial Market & Institutions / Fintech and Digital Banking / International Laws and Practices

Min5:4: Marketing Management

SEC4:3:

VAC3:2: Environmental Studies

20

VI

C12:4: Business Strategies

C13 :4: Financial Statement analysis and Reporting

C14:4: Business Ethics and Corporate Governance

C15:4: Introduction to GST/ Security Analysis & Portfolio Management / Predictive Analytics and Actuarial Modelling / International Trade Operations Documentation

Min6:4: Human Resource Management

20

Total

60Credit

24Credit

9Credit

8Credit

11Credit

8credit

120

Exit Option:

Students who complete six semesters of 120 credits will be awarded "Bachelor's Degree" of three years in Commerce. Students securing 75% and above in Bachelor of B.Com may go for B.Com with Research in fourth year.

Program Outcome:

  1. Students will be able to demonstrate their ability in their respective fields.
  2. Students may appear for different competitive examinations such as civil service, banking and may join corporate sectors too.
  3. Students can opt for higher studies or choose to embark a career as an insurance agent, tax consultant, stock broker, etc.

VII

C-16:4: Accounting Information System

C-17:4: Research Methodology I.

C-18:4: International Financial Management

C-19:4: Personal Tax Planning E-Filling/ Insurance and Risk Management / Retail Banking/ International Logistics & Supply Chain Management

Min7:4: Business Environment

Research Dissertation will Start

20

VIII

C-20: 4: Research methodology II (Statistical Tools)

C-21: 4: Forensic Accounting

C-22: 4: E-Commerce

C-23: 4: Financial Derivatives/ Corporate Tax Planning / Corporate Banking/Global Strategic Management

Min8:4: Entrepreneurship Development

RP:12: Research Project/ Dissertation (12)

OR

C-21, C-22 & C-23

20

Exit Option:

Students who completed eight semesters of 160 credits will be awarded "Bachelor's Degree with Honours" of four years in Commerce. OR "Bachelor's Degree with Research" of four years in Commerce.

Program Outcome:

  1. Students may start their own enterprises.
  2. Students may appear for PhD.
  3. Student can able to publish journal paper, book chapter, articles, etc.

Admission Modalities

The admission modalities are with reference to the full-time campus programs offered by the ICFAI University, Sikkim. All applicants who meet the eligibility criteria specified for the program and have studied in English medium in their qualifying examination are eligible to apply. Final year students awaiting results can also apply. Their admission will be provisional, subject to qualifying in the final examination. The registration and admission of these applicants is liable to be cancelled in case they do not fulfill the eligibility criteria by September 19, 2025.

Semester System

The University follows semester pattern for all its programs. Each academic year consists of two semesters. Continuous evaluation is carried out through mid-semester examinations, assignments, quizzes etc., culminating in an end semester examination. The students also have to undergo faculty supervised internships for practical training.The medium of instruction is English.

Eligibility

  • The selection of applicants into the UG/PG programs of the University is subject to fulfilment of the eligibility criteria made through screening of the applications.
  • Due weightage is given to academic distinction, honors and awards in sports, cultural events, extra-curricular activities viz debates, quizzes and adventure sports.
  • All applicants meeting the selection criteria will be given a provisional admission subject to verification of the documents at the time of registration and payment of fee.

Registration

  • All applicants having received the provisional admissions are required to present themselves with Original academic/other certificates and residence proof/HRDD Govt. of Sikkim allotment letters in case seeking fee concessions, for verification along with semester and other fees on the date of Registration.
  • In addition, photocopies are also required to be submitted for retention in their record with the University. Original certificates will be returned after verification.

Admission Criteria

  • The selection of applicants into the Program is made through screening of applications and interview. While evaluating students for admission, due weightage is given to their academic distinction, awards in sports/cultural events, debates, quizzes and other extra co-curricular activities.
  • Original certificates and Domicile certificate should be produced for verification at the time of payment of first semester fee. The original certificates will be returned after verification.
  • The admission decision will be communicated after the interview process.

Special Reservation

  • There shall be a special provision for admission of applicants belonging to the State of Sikkim in any course of the ICFAI University, Sikkim, which shall not be less than 25 (twenty-five) per cent of seats in each course/discipline subject to the applicants meeting the minimum qualifying requirements referred below.
  • Seats remaining unfilled under special reservation may be filled up by allotting the same to applicants belonging to Open Category.
  • The Government Quota students will be given a fee concession of 50% on program fees.
  • In addition to the Government quota, seats will be reserved with fee concession for applicants from the state of Sikkim, GTA area and the nearby North Bengal region as per the mandate of the University to serve the educational needs of the state of Sikkim and the nearby areas.

Anti-ragging & Anti-sexual Harassment

The ICFAI University provides a ragging free campus. The University follows the UGC guidelines and norms regarding the anti-ragging and anti-sexual harassment policies. The students are required to submit the duly signed affidavit for Anti-ragging at the time of admission to the University.

Application Modalities

Guidelines on how to Complete the Application Form :

The applicants are advised to read the guidelines carefully before completing the Application Form for Admission.

Application Form :

  1. Please make sure that you meet the eligibility criteria before filling up the Application Form.
  2. Fill the Application Form in CAPITAL LETTERS.
  3. Please provide all available and correct information in appropriate sections.
  4. Make sure to sign the Application Form.
  5. Retain a photo copy of the Application Form along with documents stipulated.
  6. Demand Draft for Admission Fee (One Time) of Rs. 3,000/- as applicable for the program applied for, towards Admission Fee drawn in favor of “The ICFAI University, Sikkim-Fee Collection A/c” payable at Gangtok

Attested Copies of Certificates :

Applicants have to enclose attested copies of the following certificates (Attestation should be done by any Gazetted Officer/Principal of the College).

  • Birth Certificate / Class X Certificate
  • Marksheets of Class XII / Degree Certificates (as may be applicable)
  • Fee concession (if applicable) requisite documents to be attached.
  • Nationality Certificate/Proof, for foreign students only.
  • Other certificates pertaining to academic and extra curricularactivities.

Submission of Application Form :

The completed application form along with the Admission Fee DD should be submitted or sent at the address given below

The ICFAI University, Sikkim, Ranka Road, Lower Sichey, Gangtok (Sikkim) - 737101.

E-mail: admissions@iusikkim.edu.in

The scanned application form and the Admission fee DD to be sent along with the courier consignment number to the e-mail address given above in case sent through mail or courier.

Fee Schedule

Admission Fee

Admission Fee (One Time) of ₹3,000/- for all programs is to be paid by all the students along with the application forms.

Exam Fee

All the students need to pay an amount of ₹2,000/- per semester for UG & PG programs towards Exam Fee along with the Program Fee.

Caution Deposit

All students are required to pay a Caution Deposit (One Time) of ₹5,000/- along with the First Semester Fee. The Caution Deposit will be refunded without interest and after adjusting for dues, if any, to the students on completion of the Program.

Program Fee

Students have to pay the fee at the beginning of each semester, as per the due dates which will be notified separately at the relevant time.

Program Duration Category Fee in Rs. ** (Per Semester)
B.Com (Hons.) 4 Years Non Domicile 28,000
Domicile 22,000
Govt. Quota 16,000

* The ICFAI University, Sikkim is enabling an equal opportunity for all. However, limited seats will be available for SC & ST students with relaxation in the eligibility criteria as per the Govt. of Sikkim norms wherever applicable. Students awaiting for final year examination results are also eligible for admission. The Management reserves the right to accept or reject any application with valid ground/s.

# Note: Age restriction for Law Programs can be relaxed as per BCI guidelines.

** Fee Concession: The University provides 50% of the program fee concession to the students coming from Sikkim Government Quota and 30% to the students from North East States, GTA Region, West Bengal, Bihar, Jharkhand, Bhutan and Nepal.

Remittance: All payments should be made by way of Demand Draft, banker’s cheque drawn in favor of “The ICFAI University, Sikkim - Fee Collection A/c” payable at Gangtok, Sikkim. or through University website only.

Merit Scholarships

The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs. The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program.

A. Merit Scholarships 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 instalments i.e. in the first and second semester of the program. The second instalment of the scholarship will be awarded on securing a minimum 8.00 GPA in the first semester. The students availing 50% program fee concession (i.e., Govt. Quota students) will not be eligible for scholarships based on Past Academic Record. However, they will be eligible for scholarships based on semester-wise performance. The scholarship details are as presented in the following table.

Aggregate % in qualifying examination

% of 1st Sem. program fee given as merit scholarship

≥ 90%

80%

≥ 80% - < 90%

70%

≥ 70% - < 80%

60%

≥ 60% - < 70%

50%

All subjects will be taken into consideration for calculating the percentage for Entry Level Scholarship.

B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.

Academic Performance (CGPA) Category I ≥ 9.00 Category II ≥ 8.50 - < 9.00 Category III ≥ 8.00 - < 8.50
% of Program fee of the semester will be awarded as scholarship 30% 22% 15%