Mcom or mba

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I have completed ipcc and now I am in 1st year of articles. I have also passed my cs executive . I want to to do mcom or MBA in correspondence. which 1 should I do. can I do so.. without obtaining permission from icai.. I heard that icai now not approving any such applications?
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My dear friend along with articleship u can do only one correspondence course as allowed by icai... u cant go for more as u already doing cs


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