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Master of Business Administration [MBA] (Banking and Finance) (Part Time) From IGNOU, New Delhi

New Delhi, Delhi NCROpen UniversityEstd 1985
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Master of Business Administration [MBA] (Banking and Finance) 
first year fees:  ₹31,000
2 YearsPart Time
Yearsyear 1year 2
Total Year Wise fees31,00033,000
Semester1234
Tuition fees₹15500₹15500₹17500₹15500

IGNOU Upcoming Application Dates 2024

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Expired Events

EventsDates
Application Timeline (July Session)May 01, 2024 - Jul 15, 2024
Last Date for Re-registration (July Session)Jul 15, 2024
Last Date to Submit Online Assignment for June TEE 2024 (All ODL & Online Courses)May 31, 2024

Do you think the Dates are wrong ?  Report Here

Eligibility Criteria

The candidate should have passed Graduation in relevant stream from a recognized University

Course Details

IGNOU MBA Banking & Finance admission 2024 for the July session has been started. The last date to apply is July 31, 2024. Interested candidates can apply online on the official website of IGNOU @ignou.ac.in. Admissions will be granted based on marks secured in the qualifying examination.

IGNOU MBA Banking & Finance Important Dates

Event Dates
Last date to submit the application for July session  July 31, 2024

IGNOU MBA Banking & Finance Eligibility Criteria

  • The candidate should have secured the minimum qualification required in CAIIB of the Indian Institute of Banking and Finance (IIBF).
  • The candidate should be a graduate of a recognized University.
  • The candidate should have worked in the banking or financial sector services for at least 2 years.
  • The maximum duration to complete the course is 8 years.

Check More: IGNOU Admission

IGNOU MBA Banking & Finance Study Materials

IGNOU provides study material to students free of cost. Here are the links for MBA (Banking & Finance) study materials that are tabulated below. Students can easily download or view the study material from here without any registration. It will help students to understand & get a clear idea about the course curriculum.

Course Name Click to Download
MBA (Banking & Finance) Download

IGNOU MBA Banking & Finance Assignments 2024

Assignments constitute continuous evaluation. The marks that you secure in the assignments will be counted in your final result. As mentioned earlier, an assignment of a course carries 30% weightage. You are therefore advised to take your assignment seriously. 

Non Submission of Assignment

The TMA for each semester can be downloaded from the Student Zone of the University website. You have to complete the assignment within the due dates specified in the assignment booklet. You will not be allowed to appear for the term-end examination for any course if you do not submit the assignment in time for that course. If you appear in the term-end examination, without submitting the assignments, the result of the term-end examination is liable to be canceled.

Read More: IGNOU Assignment

IGNOU MBA Banking & Finance Admission Criteria

Admission to the MBA program is done through online procedure and a link for the same is made available at the official website of IGNOU (www. ignou.ac.in). There will be no entrance exam for MBA and students will be selected on the basis of merit. If one fulfills the above-mentioned eligibility criteria and willing to pursue MBA at IGNOU can register for the program. Students have to register for the first semester and re-register for all the upcoming semesters. 

How to apply?

  • Visit the official website 
  • Click on registration and then fresh registration
  • Fill up the form with all relevant information
  • Submit a scanned copy of necessary documents like photographs, age proof, educational qualifications, qualifying certificate of CAIBB, and so on.
  • Make the payment

Admission will be made to all the eligible candidates subject to the maximum number of student intake allowed by IGNOU and IIFB.

Read More:  IGNOU Study Centres

CAIIB Application fees

The candidate can attempt the exam more than once although the application fees will vary

No of Attempts Fees (INR)
1st attempt 3000
2nd attempt 1300
3rd attempt 1300
4th attempt 1300

Candidates can apply for the admit card from the official website. The total duration of the exam is 2 hours and consists of MCQ (Multi Choice Questions) 

  • CAIIB comprises of two compulsory papers Advanced Bank Management and Advanced Financial Management
  • Candidates can choose one elective paper from Corporate Banking, Rural Banking, International Banking, Retail Banking, Co-operative Banking, Financial Advising, Human Resources Management, Information Technology, Risk Management, Central Banking, and Treasury Management.
  • Candidates should score a minimum of 45 in each subject with a 50% aggregate

IGNOU MBA Banking & Finance Fee Structure

The fee structure for MBA courses is mentioned below:

Title Total Fees(INR) Minimum Duration(years) Maximum Duration(years)
MBA Banking and Finance 37,800 2.5 8

Read More:  IGNOU Course Fee

IGNOU MBA Banking & Finance Course Details

The evaluation is continuous in nature. Assignments carry 30% of weight age and the term end exam carries 70% weight age. The syllabus is as follows.

Subject Credits
Management Functions and Behaviour 2
Management of Human Resources 2
Economic and Social Environment 2
Accounting and Finance for Managers 2
Management of Machines and Materials 2
Marketing for Managers 2
Information System for Managers 2
Quantitative Analysis for Managerial Applications 2
Managerial Economics 2
Organizational Design Development and Change 2
Strategic Management 2
Security Analysis and Portfolio Management 2
International Financial Management 2
Management of Financial Services 2
Bank Financial Management 2
Marketing of Financial Services 2
International Banking Management 2
Electronic Banking and IT in Banks 2
Risk Management in Banks 2
Ethics and Corporate Governance in Banks 2
Research methodology for Management Decisions 2
Project(Equivalent to two courses) 4

IGNOU MBA Banking and Finance Completion of Course

To complete the course the student should complete all 11 basic courses, 5 elective courses and 5 Integrative courses

Basic course

Management Functions and Behaviour
Management of Human Resources
Economic and Social Environment
Accounting and Finance for Managers
Management of Machines and Materials
Marketing for Managers
Information System for Managers
Quantitative Analysis for Managerial Applications
Managerial Economics
Organizational Design Development and Change
Strategic Management
Security Analysis and Portfolio Management
International Financial Management
Management of Financial Services
Bank Financial Management

Specializations (any 5)

Marketing of Financial Services
International Banking Management
Electronic Banking and IT in Banks
Bank Financial Management
Security Analysis and Portfolio Management
Management of Financial Management
International Financial Management
  • Integrative Courses (compulsory)
Risk Management in Banks
Ethics and Corporate Governance in Banks
Research methodology for Management Decisions
Project(Equivalent to two courses)

IGNOU MBA Banking & Finance Placements

Established in 2005 at the headquarters of IGNOU, the main aim of the Campus Placement Drive is to provide employment opportunities to its students. The Campus Placement Drive conducts job fairs, placement drives, and recruitment drives on a regular basis.

Read More:  IGNOU Placements

IGNOU MBA Banking & Finance FAQs

Ques. Can people abroad pursue IGNOU MBA Banking and Finance?

Ans. The International Nodule was set up to cater to the needs of Overseas students and to foreigners in India. IGNOU courses are offered to people in Kuwait, U.A.E, Saudi Arabia, Bahrain, Oman, Sri Lanka, Nepal, Mauritius, Kenya.

Ques. Does IGNOU provide scholarships?

Ans. Yes, IGNOU offer the scholarships to students coming from financially weak backgrounds, or a student who is a single girl child of the family. IGNOU scholarship will be available for PG first year students in IGNOU. The students who have taken the regular full time admission in Master Degree course in IGNOU. The students who belong to PHD or SC or OC or ST category can be eligible to apply for IGNOU scholarship. 

  1. To apply for the IGNOU Scholarship Form, the candidates need to browse through the official website of the university, which is the: www.ignou.ac.in.
  2. Then the candidates to fill the application form and courier the form along with the relevant documents to the address

Ques. Can foreigners study with IGNOU?

Ans. With the help of The International Nodule foreigners residing in India can study selected courses.

Ques. How do students get their study material with IGNOU?

Ans. Students receive their study materials from their regional centres. To complete the course the student should complete all 11 basic courses, 5 elective courses and 5 Integrative courses

Ques. How do students get their results in IGNOU?

Ans. Students can get their results by visiting the official website www.ignou.ac.in click on results and enter your enrollment number.

NOTE:

  • Registration fee of Rs 300/- (Non-refundable) is to be paid at the time of admission in addition to the programme fee given in the following table. University Development fee of Rs 200/- is to be paid at the time of admission in addition to the programme fee
  • Registration fee of Rs 500/- (Non-refundable) is to be paid at the time of application in addition to the programme fee given in the following FLIP (Fixed Learning Intake Programme): PGDMCH, PGDGM, PGDHHM, PGDHIVM, DNA, PGCMDM
  • Registration fee of Rs 850/- (Non-refundable) is to be paid at the time of admission in addition to the programme fee
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Master of Business Administration [MBA] (Banking and Finance) Comparison

IGNOU
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Total Fees
128500 (2 Years )
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General Course Details
Duration - 2 Years
Course Offered - Part Time
Mode - Part Time
Degree Type - Distance
Course Level - Post Graduation
Course Credential - Degree
EligibilityPass Graduation with 50%

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IGNOU: 1 Answered Question

How good is MBA from IGNOU in banking and finance?

Avinash KalyanMA English Literature & English Literature, Indira Gandhi National Open University (2018)

The Indira Gandhi National Open University is a well-established distance learning institute that offers degrees to students in various fields. It is AICTE and NCTE approved. The MBA in Banking and Finance program has been established by the school of Management Studies at IGNOU after an MoU between the college and the Indian Institute of Banking and Finance.

The following points highlight a few important aspects of the program.

Fee Structure, and Eligibility:

  • The course duration ranges from 2.5 years to 8 years depending on the time the candidate has to complete the degree.

  • A total course fee of INR 37,800 is charged for the degree.

  • In order to be eligible for the program, the candidate must pass the CAIIB exam with the required qualifications.

  • The applicant must also be working in the banking and finance sector for a period of two years at least and a graduate from a recognized university.

Course Structure and Curriculum:

  • The course has a total of 21 courses of which include basic, specialization as well as integrative, and project courses.

  • In order to obtain the certificate of completion, all 21 courses must be completed by the student.

  • Subjects taught include strategic management, ethics, and corporate governance, research methodology, managerial economics, etc.

  • Evaluations are carried out in a continuous manner which constitutes 30% of the degree and the other 70% is determined by the term-end examination.

Job Prospects:

  • Since the course is a distance learning opportunity, with effective time management, students can study as well as look for courses on the job market.

  • This degree from IGNOU will help in gaining promotion as well as provide a job in the public and private sectors.

  • Jobs like factory supervision, operation management as well as managerial positions are available for students.

  • Other career options include roles in forecasting, purchasing, inventory management, production planning, etc.

Obtaining an MBA in Banking and Finance will open up a lot of new opportunities and definitely provide a career boost with the convenience of completing the degree at the desired pace.

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