The undergraduate programme of MG University, Kottayam follows the choice based credit system of 2017 as envisaged by the University Grants Commission and higher education council of Kerala. The programme will be completed in six semesters. Each semester consists of a minimum of 18 instructional weeks, comprising 90 working days, with continuous internal evaluation and a university examination at the end of each semester. The total number of courses for the whole B Com programme is 33 and one project work. It is divided into three heads, namely, common courses, core courses, complimentary courses, and open courses. Every student shall be evaluated by 20% internal assessment and 80% external assessment.

The objective of the B.Com Finance & Taxation programme is to mould the students in the fields of accounting and taxation. It will provide conceptual knowledge and skills for its application in the domain of commerce and taxes and enhance the decision-making skills of students.

Admission to B.Com Degree Programme will be open only to candidates who have passed the plus-two of the Higher Secondary Board of Kerala or Pre-Degree of Mahatma Gandhi University or that of any other University or Board of Studies in any state recognised as equivalent to the Plus Two of the Higher Secondary Board of Kerala, with not less than 45% marks in aggregate, is eligible for admission. However, SC/ST, OBC, and other eligible communities shall be given relaxation as per university rules.